#6691676, Craig Kallian, Listing office: Venterra Real Estate LLC

968 Terrace Cir Colorado Springs, CO 80904
Property details
About 968 Terrace Cir
Amazing mid-century modern house with sweeping views, designed by Elizabeth Wright Ingraham, granddaughter of renowned architect, Frank Lloyd Wright. This home has a timeless mid-century modern design, & is currently dated, and ready for a new homeowner to tastefully remodel it, providing an opportunity to have one of the most unique homes in the area. With a large mostly flat lot, you will enjoy living in this private oasis. This home could easily be a 4b, 3ba, or would be perfectly situated for a full mother-in-law suite with private entrance, depending how you transform the lower level (den). Quick drive to Old Colorado City & downtown, you will enjoy living in this highly sought-after neighborhood. IMPORTANT: The owner has approved plans for a large sewer line project, giving homeowner the opportunity to connect to the city main. Colorado Springs Utilities has agreed to cover 22% of the cost, and some rebaits from adjacent homeowners tying into line in the future may exist. The cost after the rebate estimate is $100,000. Ask your lender about loan options to wrap this cost into your purchase price. The after renovation value (ARV) of this home could yield significant returns if resold after renovation. Great opportunity for an investor, homeowner, or visionary to create large profits or significant sweat equity. Homes like this are not being built anymore. don't miss your chance to tour this fixer-upper with worlds of potential!
Highlights
(Pending)
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Basement: Yes
- Flooring Type: Carpet, Tile
- Fireplace: Family Room, Gas
- Total Bedroom Count: 3
- Attached Garage: No
- Exterior: Balcony
- Architectural Style: Mid-Century Modern
- Heating: Forced Air
- Cooling: Central Air
- List Price: $399,000
- Price/SqFt: $184
- Annual Tax Amount: $1,808
- Tax Year: 2023
- Lot: Rolling/Hilly
- Year Built: 1958
- Living Area: 2,168 SqFt
- Lot Size: 0.28 Acres
- MLS Number: 7959266
- MLS Name: RECOLORADO
- Office Name: Capital Property Group LLC
- Office Phone: (303) 502-7333
- Listing Agent: Nate Sylvan
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Last updated on: 6/4/2025, 4:42:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$399,000
968 Terrace Cir
$4,738
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 01, 2010 | Home Sold | $256,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $38,650 | $1,808 |
2022 | $34,460 | $1,928 |
2021 | $35,440 | $2,091 |
2020 | $30,280 | $2,055 |
2019 | $30,280 | $1,986 |
2018 | $27,070 | $1,881 |
2017 | $27,070 | $1,553 |
History based on county public records data.
Nearby schools
5
Bristol Elementary School
Public District PK-5
0.6 mi
•890 N Walnut St
8
Steele Elementary School
Public District PK-5
1.2 mi
•1720 N Weber St
3
Midland Elementary School
Public District PK-5
1.6 mi
•2110 Broadway Ave
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 $43,447. The majority of Colorado Springs, CO residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 968 Terrace Cir
The listing price of 968 Terrace Cir property is $399,000.
The property 968 Terrace Cir is a house located in Colorado Springs, Colorado, 80904.
Accepting Backup Offers: 968 Terrace Cir is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 968 Terrace Cir are: Bristol Elementary School (GreatSchools Rating 5/10), Steele Elementary School (GreatSchools Rating 8/10), Midland Elementary School (GreatSchools Rating 3/10), West Middle School (GreatSchools Rating 5/10), Academy for Advanced and Creative Learning (GreatSchools Rating 7/10), Holmes Middle School (GreatSchools Rating 5/10), Community Preparatory Charter School (GreatSchools Rating 2/10), Palmer High School (GreatSchools Rating 4/10), Coronado High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $1,808 (source: MLS/based on county public records data).
The last sale was on February 1, 2010 for $256,500 (source: MLS/tax record).
The property at 968 Terrace Cir has 3 bedrooms and 1 full and 1 half bathrooms.
The property 968 Terrace Cir is 2,168 SqFt (source: MLS/tax record).
The year of construction for 968 Terrace Cir is 1958.
This home is located at 968 Terrace Cir in Colorado Springs, CO and zip code 80907 in the Mesa / Indian Heights neighborhood. This 2,168 square foot home, which was built in 1958, sits on a 0.28 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 2, 2025 and is currently priced at $399,000.
In May 2025 more than 76 listings in Colorado Springs, CO were sold above the asking price. During the same period more than 72 listings were sold at asking price, while more than 122 were sold below. The number of listings in Colorado Springs, CO increased by 42.2% between April and May 2025. In May 2025, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $480,000.