508 King Ave
Olney Springs, CO 81062
4 bd 2 ba 2,214 sqft Built 1923 Lot 9,148 sqft single_family
Most recent sale
$100,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $100,000 | MLS #199420 |
| Mar 2, 2022 | Listed | $109,000 | MLS #199420 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $6,395 | $55 | $6,450 | $560 |
| 2024 | $6,395 | $55 | $6,450 | $266 |
| 2023 | $3,206 | $29 | $3,235 | $263 |
| 2022 | $6,523 | $64 | $6,587 | $514 |
| 2021 | $6,711 | $65 | $6,776 | $502 |
| 2020 | $6,711 | $65 | $6,776 | $494 |
| 2019 | $6,711 | $65 | $6,776 | $520 |
| 2018 | $4,624 | $66 | $4,690 | $374 |
| 2017 | $4,624 | $66 | $4,690 | $365 |
| 2016 | $5,112 | $70 | $5,182 | $362 |
| 2015 | $5,112 | $70 | $5,182 | $361 |
| 2014 | $5,112 | $70 | $5,182 | $376 |
| 2013 | $5,112 | $70 | $5,182 | $372 |
| 2012 | $6,270 | $70 | $6,340 | $466 |
| 2011 | $6,270 | $70 | $6,340 | $458 |
| 2010 | $6,270 | $70 | $6,340 | $460 |
| 2009 | $6,270 | $70 | $6,340 | $481 |
| 2008 | $6,270 | $70 | $6,340 | $458 |
| 2007 | $6,270 | $70 | $6,340 | $448 |
Property facts
Year built
1923
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,214 sqft
Lot size
9,148 sqft
ZIP code
81062
City
Olney Springs
Street
King Ave
Coordinates
38.16963, -103.94502
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 King Ave last sell?
508 King Ave most recently sold on May 6, 2022 for $100,000.
What is the current tax assessment for 508 King Ave?
The most recent total assessment for 508 King Ave (year 2025) is $6,450 with $560 in property tax.
How does 508 King Ave's assessment compare to its last sale price?
The current assessment is 93.6% below the last sale price of $100,000.
When was 508 King Ave built?
508 King Ave was built in 1923.
How does 508 King Ave compare to others on King Ave?
We do not currently track other properties on King Ave.
What are the property facts for 508 King Ave?
508 King Ave is a 4 bed, 2 bath, 2,214 sqft, 9,148 sqft lot single_family.
Is 508 King Ave a flip candidate?
No — 508 King Ave does not appear in our flips dataset.
Is 508 King Ave a tax-appeal candidate?
No — 508 King Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.0%
Implied 1-yr
+35.9%
2026 Q2
$236.5K
2026 Q3
$249.9K
ZIP 81062 — Median Price History + Forecast
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Geography