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1221 Hermosa Way

Colorado Springs, CO 80905

3 bd 3 ba 2,746 sqft Built 1948 Lot 24,921 sqft single_family
Most recent sale
$780,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $780,000 Public Record
Jul 20, 2022 Listed $750,000 MLS #9507520
Aug 9, 1996 Sold $203,000 Public Record
Jun 1, 1995 Sold $184,500 Public Record
Sep 4, 1990 Sold $80,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $36,340 $11,860 $48,200 $3,229
2024 $36,340 $11,860 $48,200 $2,855
2023 $36,110 $9,020 $45,130 $2,755
2022 $26,640 $7,460 $34,100 $2,323
2021 $27,400 $7,670 $35,070 $2,453
2020 $23,540 $6,410 $29,950 $2,149
2019 $23,540 $6,410 $29,950 $2,125
2018 $20,090 $5,130 $25,220 $1,823
2017 $20,090 $5,130 $25,220 $1,816
2016 $19,740 $5,220 $24,960 $1,750
2015 $19,740 $5,220 $24,960 $1,746
2014 $18,620 $4,930 $23,550 $1,649
2013 $18,620 $4,930 $23,550 $1,576
2012 $19,100 $4,930 $24,030 $1,607
2011 $19,100 $4,930 $24,030 $1,600
2010 $21,480 $5,220 $26,700 $1,609
2009 $21,480 $5,220 $26,700 $1,601
2008 $19,420 $5,070 $24,490 $1,514
2007 $19,420 $5,070 $24,490 $1,504

Property facts

Year built
1948
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,746 sqft
Lot size
24,921 sqft
ZIP code
80905
City
Colorado Springs
Street
Hermosa Way
Coordinates
38.80017, -104.85122

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,767
Gross rental yield
8.87%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 1221 Hermosa Way last sell?
1221 Hermosa Way most recently sold on Aug 8, 2022 for $780,000.
What is the current tax assessment for 1221 Hermosa Way?
The most recent total assessment for 1221 Hermosa Way (year 2025) is $48,200 with $3,229 in property tax.
How does 1221 Hermosa Way's assessment compare to its last sale price?
The current assessment is 93.8% below the last sale price of $780,000.
When was 1221 Hermosa Way built?
1221 Hermosa Way was built in 1948.
How does 1221 Hermosa Way compare to others on Hermosa Way?
We track 7 other properties on Hermosa Way. Browse the list under "Other properties on Hermosa Way" to compare beds, baths, and sale history.
What are the property facts for 1221 Hermosa Way?
1221 Hermosa Way is a 3 bed, 3 bath, 2,746 sqft, 24,921 sqft lot single_family.
Is 1221 Hermosa Way a flip candidate?
No — 1221 Hermosa Way does not appear in our flips dataset.
Is 1221 Hermosa Way a tax-appeal candidate?
No — 1221 Hermosa Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-6.8%
Implied 1-yr
-27.0%
2026 Q3
$293.4K
2026 Q4
$258.1K
ZIP 80905 — Median Price History + Forecast

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