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1388 M St

Penrose, CO 81240

3 bd 2 ba 1,896 sqft Built 1987 Lot 604,613 sqft single_family
Most recent sale
$275,000
Jul 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2024 Sold $440,000 RoyalGorge
Apr 1, 2024 Listing removed REcolorado
Mar 12, 2024 Price changed $435,000 Pueblo
Mar 7, 2024 Listed $465,000 REcolorado
Nov 13, 2023 Listed $465,000 Pueblo
Nov 13, 2023 Price changed $465,000 RoyalGorge
Aug 24, 2023 Relisted $485,000 RoyalGorge
Aug 23, 2023 Listing removed RoyalGorge
Aug 16, 2023 Listed $485,000 RoyalGorge
Jul 21, 2021 Listing removed RoyalGorge
Jul 20, 2021 Sold $275,000 Public Record
Jul 19, 2021 Sold $275,000 RoyalGorge
Mar 5, 2021 Listed $250,000 RoyalGorge

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $17,012 $1,240
2021 $17,502 $1,255
2020 $14,303 $879
2019 $14,303 $882
2018 $13,059 $804
2017 $13,059 $818
2016 $14,240 $439
2015 $14,240 $434
2014 $15,080 $466
2013 $15,080 $459
2012 $7,057 $8,286 $15,343 $467
2011 $7,057 $8,286 $15,343 $1,013
2010 $7,057 $8,286 $15,343 $1,010
2009 $8,518 $8,286 $16,804 $1,024
2008 $8,518 $8,286 $16,804 $455
2007 $9,893 $5,082 $14,975 $467

Property facts

Year built
1987
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,896 sqft
Lot size
604,613 sqft
ZIP code
81240
City
Penrose
Street
M St
Coordinates
38.40722, -104.98909

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1388 M St last sell?
1388 M St most recently sold on Jul 20, 2021 for $275,000.
What is the current tax assessment for 1388 M St?
The most recent total assessment for 1388 M St (year 2022) is $17,012 with $1,240 in property tax.
How does 1388 M St's assessment compare to its last sale price?
The current assessment is 93.8% below the last sale price of $275,000.
When was 1388 M St built?
1388 M St was built in 1987.
How does 1388 M St compare to others on M St?
We track 8 other properties on M St. Browse the list under "Other properties on M St" to compare beds, baths, and sale history.
What are the property facts for 1388 M St?
1388 M St is a 3 bed, 2 bath, 1,896 sqft, 604,613 sqft lot single_family.
Is 1388 M St a flip candidate?
No — 1388 M St does not appear in our flips dataset.
Is 1388 M St a tax-appeal candidate?
No — 1388 M St 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$346.8K
2026 Q4
$344.9K
ZIP 81240 — Median Price History + Forecast

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