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505 Norman Dr

Colorado Springs, CO 80911

4 bd 3 ba 1,586 sqft Built 1962 Lot 6,595 sqft single_family
Most recent sale
$340,000
Mar 5, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Price changed $395,000 MLS #3619483
Sep 24, 2022 Price changed $395,000 MLS #2450684
Sep 6, 2022 Price changed $397,000 MLS #3619483
Aug 28, 2022 Price changed $397,000 MLS #2450684
Aug 19, 2022 Price changed $398,000 MLS #2450684
Aug 6, 2022 Price changed $399,000 MLS #2450684
Jul 7, 2022 Listed $400,000 MLS #2450684
Mar 5, 2021 Sold $340,000 Public Record
Jan 30, 2021 Listed $310,000 MLS #4935095
Mar 3, 2015 Sold $175,000 Public Record
Jan 24, 2015 Price changed $175,000 MLS #4833272
Jan 16, 2015 Listed $169,900 MLS #4833272
Oct 5, 2012 Sold $155,500 Public Record
Aug 22, 2012 Price changed $157,900 MLS #784337
Aug 2, 2012 Price changed $159,900 MLS #784337
Jul 21, 2012 Price changed $164,900 MLS #784337
Jul 6, 2012 Listed $169,900 MLS #784337
May 3, 2012 Sold $93,000 Public Record
May 1, 2012 Listed $93,000 MLS #765767

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $18,970 $5,080 $24,050 $1,978
2024 $18,970 $5,080 $24,050 $1,505
2023 $20,020 $4,020 $24,040 $1,444
2022 $14,450 $2,780 $17,230 $1,286
2021 $14,870 $2,860 $17,730 $1,387
2020 $10,880 $2,500 $13,380 $1,078
2019 $10,880 $2,500 $13,380 $1,072
2018 $11,220 $1,870 $13,090 $1,124
2017 $11,220 $1,870 $13,090 $1,136
2016 $8,910 $1,990 $10,900 $775
2015 $8,910 $1,990 $10,900 $794
2014 $6,430 $1,790 $8,220 $597
2013 $6,430 $1,790 $8,220 $605
2012 $4,440 $890 $5,330 $398
2011 $8,870 $1,790 $10,660 $767
2010 $9,410 $1,990 $11,400 $811
2009 $9,410 $1,990 $11,400 $794
2008 $9,690 $1,830 $11,520 $401
2007 $9,690 $1,830 $11,520 $408

Property facts

Year built
1962
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
1,586 sqft
Lot size
6,595 sqft
ZIP code
80911
City
Colorado Springs
Street
Norman Dr
Coordinates
38.75579, -104.73638

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
$3,331
Gross rental yield
11.76%
Implied cap rate
7.64%
Trend-extrapolated value

Frequently asked questions

When did 505 Norman Dr last sell?
505 Norman Dr most recently sold on Mar 5, 2021 for $340,000.
What is the current tax assessment for 505 Norman Dr?
The most recent total assessment for 505 Norman Dr (year 2025) is $24,050 with $1,978 in property tax.
How does 505 Norman Dr's assessment compare to its last sale price?
The current assessment is 92.9% below the last sale price of $340,000.
When was 505 Norman Dr built?
505 Norman Dr was built in 1962.
How does 505 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 505 Norman Dr?
505 Norman Dr is a 4 bed, 3 bath, 1,586 sqft, 6,595 sqft lot single_family.
Is 505 Norman Dr a flip candidate?
No — 505 Norman Dr does not appear in our flips dataset.
Is 505 Norman Dr a tax-appeal candidate?
No — 505 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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