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8985 Melbourne Dr

Colorado Springs, CO 80920

4 bd 4 ba 3,076 sqft Built 1996 Lot 5,663 sqft single_family
Most recent sale
$548,700
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $548,700 Public Record
Sep 30, 2022 Sold $548,700 REcolorado
Aug 23, 2022 Price changed $569,000 MLS #9102281
Aug 8, 2022 Price changed $575,000 MLS #9111409
Aug 3, 2022 Listed $585,000 MLS #9111409
Jul 19, 2022 Listed $585,000 MLS #9102281
Aug 1, 2019 Sold $385,000 Public Record
Jul 29, 2019 Sold $385,000 elevateMLS
Jun 3, 2019 Price changed $385,000 MLS #2952171
May 24, 2019 Listed $399,999 MLS #2952171
Sep 14, 2005 Sold $299,000 Public Record
Nov 25, 2003 Sold $245,000 Public Record
Sep 12, 1996 Sold $170,500 Public Record
Dec 20, 1995 Sold $229,800 Public Record
Nov 15, 1995 Sold $21,980,000 Public Record
Nov 1, 1995 Sold $21,980,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $31,200 $8,810 $40,010 $2,385
2023 $34,150 $6,700 $40,850 $2,356
2022 $21,900 $5,420 $27,320 $1,928
2021 $22,530 $5,580 $28,110 $2,132
2020 $21,320 $4,650 $25,970 $2,114
2019 $21,320 $4,650 $25,970 $2,092
2018 $19,020 $3,600 $22,620 $1,853
2017 $19,020 $3,600 $22,620 $1,846
2016 $20,630 $3,660 $24,290 $1,985
2015 $20,630 $3,660 $24,290 $1,981
2014 $19,250 $3,660 $22,910 $1,870
2013 $19,250 $3,660 $22,910 $1,869
2012 $19,720 $3,660 $23,380 $1,906
2011 $19,720 $3,660 $23,380 $1,904
2010 $20,950 $3,660 $24,610 $1,996
2009 $20,950 $3,660 $24,610 $1,989
2008 $20,550 $3,340 $23,890 $1,950
2007 $20,550 $3,340 $23,890 $1,942

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,076 sqft
Lot size
5,663 sqft
ZIP code
80920
City
Colorado Springs
Street
Melbourne Dr
Coordinates
38.96086, -104.76942

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,460
Gross rental yield
14.13%
Implied cap rate
9.18%
Trend-extrapolated value

Frequently asked questions

When did 8985 Melbourne Dr last sell?
8985 Melbourne Dr most recently sold on Oct 3, 2022 for $548,700.
What is the current tax assessment for 8985 Melbourne Dr?
The most recent total assessment for 8985 Melbourne Dr (year 2024) is $40,010 with $2,385 in property tax.
How does 8985 Melbourne Dr's assessment compare to its last sale price?
The current assessment is 92.7% below the last sale price of $548,700.
When was 8985 Melbourne Dr built?
8985 Melbourne Dr was built in 1996.
How does 8985 Melbourne Dr compare to others on Melbourne Dr?
We track 7 other properties on Melbourne Dr. Browse the list under "Other properties on Melbourne Dr" to compare beds, baths, and sale history.
What are the property facts for 8985 Melbourne Dr?
8985 Melbourne Dr is a 4 bed, 4 bath, 3,076 sqft, 5,663 sqft lot single_family.
Is 8985 Melbourne Dr a flip candidate?
No — 8985 Melbourne Dr does not appear in our flips dataset.
Is 8985 Melbourne Dr a tax-appeal candidate?
No — 8985 Melbourne Dr 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
+0.1%
Implied 1-yr
+0.3%
2026 Q3
$546.7K
2026 Q4
$547K
ZIP 80920 — Median Price History + Forecast

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