$5,699 Closing Credit¹
#6598573, Michael Tilley, Listing Office: TRADEWIND REAL ESTATE LLC
$450,000 List price
530 N Institute St Colorado Springs, CO 80903
$5,344
Closing credit¹
4 beds
1 full, 1 partial
1,584 sqft
0.08 acres
$284 / sqft
House
Property details
About 530 N Institute St
Charming Bungalow in the Heart of Colorado Springs Shooks Run! Nestled on a prime corner lot, this beautifully updated four bedroom, two bathroom home offers a perfect blend of modern comforts and an unbeatable location. Just a short walk to downtown Colorado Springs, Memorial Hospital, the Olympic Training Center, and a variety of restaurants, coffee shops, parks, schools, and walking trails. This home is an ideal spot for those who want to live near all the action. Step inside to discover an inviting living space with refinished hand-hewn wood floors throughout main level and brand-new LVP throughout basement. Recently painted with warm earth toned interiors and exterior stucco painted as well. All bathrooms have been completely remodeled with stylish, high-end finishes such as light fixtures, tiles, vanity and more. Other recent updates include new solid core interior doors, grand exterior pedestrian door, additional light fixtures, and brand-new insulating cellular blinds, ensuring a sleek, energy-efficient environment. Ample storage compliments the downstairs space easily accessible to everyone. The kitchen is an entertainer's delight, featuring a brand-new stainless steel refrigerator and gas stove, ready for your culinary adventures that will keep guests coming back. Kitchen flows effortlessly to the private back patio which is a peaceful retreat, perfect for enjoying Colorado's gorgeous weather. The new fence offers added privacy and enhances the home's welcoming curb appeal. Convenience is key, with the two off-street parking spots available on the side of the house. With so many updates and an ideal location, this home is truly a must-see. Words don't do it justice! Don’t Miss this Opportunity to Live in One of Colorado Springs' Most Sought-After Neighborhoods!
Highlights
Home typeSingle Family Residence
HeatingRadiant
StatusActive
CoolingCeiling Fan(s)
Size1,584 sqft
BasementYes
Lot size0.08 Acres
Year built1951
ParkingAssigned, Available
MLS #5816986
Summary
- MLS Number: 5816986
- Office Name: The Cutting Edge
- Office Phone: (719) 999-5067
- Listing Agent: Viktorija Veselinova
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Copyright © 2025 Pikes Peak Association of REALTORS® and PIKES PEAK REALTOR® Services Corp. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/4/2025, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
530 N Institute St
$5,344
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 19, 2022 | Home Sold | $335,000 |
| Dec 18, 2018 | Home Sold | $305,000 |
| Jul 06, 2017 | Home Sold | $249,900 |
| Feb 08, 2013 | Home Sold | $125,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $26,640 | $1,123 |
| 2022 | $19,140 | $1,071 |
| 2021 | $19,690 | $1,161 |
| 2020 | $16,850 | $1,143 |
| 2019 | $16,850 | $1,085 |
| 2018 | $14,790 | $1,027 |
| 2017 | $14,790 | $821 |
History based on county public records data.
Nearby schools
3
Columbia Elementary School
Public District PK-5
0.1 mi
•835 E Saint Vrain St
5
Queen Palmer Elementary School
Public District PK-5
0.9 mi
•1921 E Yampa St
8
Steele Elementary School
Public District PK-5
1.3 mi
•1720 N Weber St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $67,321. The majority of Colorado Springs, CO residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
26%
<35k
39%
35k-100k
27%
100k-200k
8%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
6%
Single, with Kids
25%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
31%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Hiking/backpacking
Where do the neighbors shop?
IKEA
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Quiznos
Starbucks
Boston Market
What do the neighbors drive?
Lexus
BMW
Audi
What do the neighbors listen to?
Soft Adult Contemporary
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 530 N Institute St
This home is located at 530 N Institute St in Colorado Springs, CO and zip code 80903 in the Central Colorado Springs neighborhood. This 1,584 square foot home, which was built in 1951, sits on a 0.08 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 4, 2024 and is currently priced at $450,000.
In February 2025, from all listings sold in Colorado Springs, CO there were more than 37 sold above asking price, over 84 sold below and more than 43 were sold right at the asked price. In February 2025 in Colorado Springs, CO there were 31.9% more homes for sale than in January. In February 2025 median list price was $479,140 and the average listing age was 69 days.
From Rocket Homes Real Estate and based on county public records data.