1587 Spring Water Pt
Colorado Springs, CO 80908
3 bd 3 ba 1,474 sqft Built 2022 Lot 1,364 sqft townhomes
Most recent sale
$864,000
Dec 27, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 2, 2025 | Listed for rent | $2,550 | REcolorado |
| Nov 21, 2022 | Sold | $464,260 | REcolorado |
| Apr 29, 2022 | Listed | $477,760 | MLS #2717950 |
| Dec 27, 2021 | Sold | $864,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $25,070 | $6,350 | $31,420 | $3,138 |
| 2024 | $25,070 | $6,350 | $31,420 | $2,650 |
| 2023 | $22,310 | $6,030 | $28,340 | $2,561 |
| 2022 | — | $14,400 | $14,400 | $1,568 |
| 2021 | — | $13,650 | $13,650 | $1,537 |
| 2020 | — | $4,540 | $4,540 | $534 |
| 2019 | — | $2,180 | $2,180 | $257 |
Property facts
Year built
2022
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,474 sqft
Lot size
1,364 sqft
ZIP code
80908
City
Colorado Springs
Street
Spring Water Pt
Coordinates
38.98628, -104.79521
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,095
Gross rental yield
4.30%
Implied cap rate
2.79%
Trend-extrapolated value
—
Frequently asked questions
When did 1587 Spring Water Pt last sell?
1587 Spring Water Pt most recently sold on Dec 27, 2021 for $864,000.
What is the current tax assessment for 1587 Spring Water Pt?
The most recent total assessment for 1587 Spring Water Pt (year 2025) is $31,420 with $3,138 in property tax.
How does 1587 Spring Water Pt's assessment compare to its last sale price?
The current assessment is 96.4% below the last sale price of $864,000.
When was 1587 Spring Water Pt built?
1587 Spring Water Pt was built in 2022.
How does 1587 Spring Water Pt compare to others on Spring Water Pt?
We track 8 other properties on Spring Water Pt. Browse the list under "Other properties on Spring Water Pt" to compare beds, baths, and sale history.
What are the property facts for 1587 Spring Water Pt?
1587 Spring Water Pt is a 3 bed, 3 bath, 1,474 sqft, 1,364 sqft lot townhomes.
Is 1587 Spring Water Pt a flip candidate?
No — 1587 Spring Water Pt does not appear in our flips dataset.
Is 1587 Spring Water Pt a tax-appeal candidate?
No — 1587 Spring Water Pt is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.5%
Implied 1-yr
+14.0%
2026 Q3
$1.14M
2026 Q4
$1.17M
ZIP 80908 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spring Water Pt