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502 Norman Dr

Colorado Springs, CO 80911

5 bd 3 ba 1,872 sqft Built 1962 Lot 8,398 sqft single_family
Most recent sale
$438,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $438,000 Public Record
Jun 27, 2022 Sold $438,000 elevateMLS
May 3, 2022 Price changed $435,000 MLS #5955493
Apr 27, 2022 Listed $450,000 MLS #5955493
Oct 28, 2004 Sold $135,900 Public Record
Jan 16, 2004 Sold $135,900 Public Record
Oct 4, 1999 Sold $129,900 Public Record
Jun 1, 1984 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $20,850 $5,080 $25,930 $1,647
2023 $21,890 $4,020 $25,910 $1,590
2022 $16,880 $2,780 $19,660 $1,467
2021 $17,360 $2,860 $20,220 $1,582
2020 $13,960 $2,500 $16,460 $1,326
2019 $13,960 $2,500 $16,460 $1,318
2018 $10,970 $1,870 $12,840 $1,102
2017 $10,970 $1,870 $12,840 $1,114
2016 $10,740 $1,990 $12,730 $905
2015 $10,740 $1,990 $12,730 $927
2014 $9,910 $1,790 $11,700 $849
2013 $9,910 $1,790 $11,700 $861
2012 $9,910 $1,790 $11,700 $875
2011 $9,910 $1,790 $11,700 $842
2010 $10,460 $1,990 $12,450 $886
2009 $10,460 $1,990 $12,450 $867
2008 $10,750 $1,830 $12,580 $877
2007 $10,750 $1,830 $12,580 $891

Property facts

Year built
1962
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
1,872 sqft
Lot size
8,398 sqft
ZIP code
80911
City
Colorado Springs
Street
Norman Dr
Coordinates
38.75624, -104.73663

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,931
Gross rental yield
10.77%
Implied cap rate
7.00%
Trend-extrapolated value

Frequently asked questions

When did 502 Norman Dr last sell?
502 Norman Dr most recently sold on Jun 29, 2022 for $438,000.
What is the current tax assessment for 502 Norman Dr?
The most recent total assessment for 502 Norman Dr (year 2024) is $25,930 with $1,647 in property tax.
How does 502 Norman Dr's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $438,000.
When was 502 Norman Dr built?
502 Norman Dr was built in 1962.
How does 502 Norman Dr compare to others on Norman Dr?
We track 8 other properties on Norman Dr. Browse the list under "Other properties on Norman Dr" to compare beds, baths, and sale history.
What are the property facts for 502 Norman Dr?
502 Norman Dr is a 5 bed, 3 bath, 1,872 sqft, 8,398 sqft lot single_family.
Is 502 Norman Dr a flip candidate?
No — 502 Norman Dr does not appear in our flips dataset.
Is 502 Norman Dr a tax-appeal candidate?
No — 502 Norman 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
-0.3%
Implied 1-yr
-1.2%
2026 Q3
$381.5K
2026 Q4
$380.3K
ZIP 80911 — Median Price History + Forecast

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