OFF MARKET

Off Market Nov 2024 for $285K

$324,812

Est. refi paymentEst. refi $361/mo

•

1,294

sq ft

516 E Cheyenne Rd, Colorado Springs, CO 80905

About this home

Fantastic opportunity with this rancher on a large corner lot on the Southwest side! Cute home recently updated including brand new stucco siding and new roof. The rear of the lot is fenced and there is plenty of room to add a garage and for RV parking! The home features three bedrooms and one full bath all on the main level. Brand new front door, new interior paint and luxury vinyl flooring throughout. Kitchen offers a brand new faucet and garbage disposal. Tons of potential with the basement. Currently it is accessed by a trap door in the laundry/utility room, but with some modification, the stairs could be adjusted to open that up to allow easy access from the main level. The basement has a lot of potential for a craft area, workout room, or recreation/theater room plus plenty of storage. The laundry/utility room off the kitchen features electric hookups for the washer and dryer, additional storage cabinets, and a walk out to the fenced in rear yard. Outside you'll find a large patio with outdoor fireplace. This home also comes with central air conditioning and an upgraded electrical panel. Move-in ready with tons of potential to do more!

Single-familyProperty Type

1951Year Built

8,400 sq ftLot Size

$251Est. Price/Sq.Ft.

Listed by Robin Searle Gri • HomeSmart

Bought with Elliot Bannister • Keller Williams Clients Choice Realty

Redfin checked: 2 minutes ago

•Source:elevateMLS #4804344

Redfin Estimate

$324,812

$40K since sold in November 2024$2,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.2% higher than the average sale price ($306K) of 6 comparable homes.

SOLD JUN 12, 2026
$285,000
A
3 beds1 bath894 sq ft
620 William Ave, Colorado Springs, CO 80905
BOUGHT WITH REDFIN JUL 31, 2026
$275,000
B
2 beds1 bath894 sq ft
536 Warren Ave, Colorado Springs, CO 80905
SOLD JUN 2, 2026
$309,000
C
3 beds1 bath894 sq ft
617 Stevens Ave, Colorado Springs, CO 80905
SOLD JUN 23, 2026
$315,500
D
3 beds1 bath894 sq ft
618 E Saint Elmo Ave, Colorado Springs, CO 80905
SOLD APR 13, 2026
$299,000
E
3 beds1 bath894 sq ft
2023 S Corona Ave, Colorado Springs, CO 80905
SOLD FEB 13, 2026
$352,000
F
3 beds1 bath1,250 sq ft
2113 S Corona Ave, Colorado Springs, CO 80905

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Earn from this home

Sell

$83,083

Est. take-home

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Refinance

Est. cash available

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Rent

$1,698/mo

Redfin rental estimate

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Market trends in 80905, CO

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.2%

+0.2% MoM

Median sale price

$380K

$22K MoM

Avg. days on market

38d

5 days MoM

Recently sold homes

9 MoM

New listings for sale

$625,000
3 beds2 baths2,496 sq ft
1017 Venus Dr, Colorado Springs, CO 80905
Corina Martin • REMAX PROPERTIES
$285,000
2 beds1 bath796 sq ft
546 William Ave, Colorado Springs, CO 80905
$375,000
3 beds1 bath1,042 sq ft
604 N Pine St, Colorado Springs, CO 80905
Abigail Benton • The Cutting Edge
3D WALKTHROUGH
$464,900
4 beds2 baths2,088 sq ft
655 Skyline Ave, Colorado Springs, CO 80905
Jared Roberts • HomeSmart Realty
3D WALKTHROUGH
$189,999
1 bed1 bath728 sq ft
900 Saturn Dr #807, Colorado Springs, CO 80905
$449,000
2 beds2 baths1,487 sq ft
514 N Spruce St, Colorado Springs, CO 80905
$279,999
2 beds1 bath796 sq ft
1205 Houston Ave, Colorado Springs, CO 80905
$309,000
4 beds1.5 baths1,250 sq ft
1111 Florence Ave, Colorado Springs, CO 80905
$1,550,000
13 beds6 baths4,780 sq ft
812 Colorado Ave, Colorado Springs, CO 80905
$115,000
1 bed1 bath728 sq ft
900 Saturn Dr #304, Colorado Springs, CO 80905
See all

Provided by Redfin

Sale history for 516 E Cheyenne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,070 (+13.7%)

$3,630 + $17,150

$20,780

2024

$941 (+32.9%)

$3,630 + $17,150

$20,780

2023

$708 (+9.2%)

$3,030 + $17,070

$20,100

2022

$649 (−6.3%)

$2,430 + $9,600

$12,030

2021

$692 (−1.7%)

$2,430 + $9,600

$12,030

2020

$704 (+3.1%)

$2,500 + $9,870

$12,370

2019

$683 (+22.4%)

$2,150 + $8,660

$10,810

2018

$558 (+31.0%)

$2,150 + $8,660

$10,810

2017

$426 (+6.2%)

$1,730 + $6,770

$8,500

2016

$401

$1,730 + $6,770

$8,500

2015

$401 (+3.6%)

$1,510 + $6,020

$7,530

2014

$387 (−7.4%)

$1,510 + $6,020

$7,530

2013

$418 (−4.0%)

$1,510 + $5,660

$7,170

2012

$435 (+0.5%)

$1,510 + $5,660

$7,170

2011

$433 (−6.4%)

$1,670 + $5,800

$7,470

2010

$463 (−1.2%)

$1,670 + $5,800

$7,470

2009

$468

$1,830 + $6,290

$8,120

Tax history for 516 E Cheyenne Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,070 (+13.7%)

$3,630 + $17,150

$20,780

2024

$941 (+32.9%)

$3,630 + $17,150

$20,780

2023

$708 (+9.2%)

$3,030 + $17,070

$20,100

2022

$649 (−6.3%)

$2,430 + $9,600

$12,030

2021

$692 (−1.7%)

$2,430 + $9,600

$12,030

2020

$704 (+3.1%)

$2,500 + $9,870

$12,370

2019

$683 (+22.4%)

$2,150 + $8,660

$10,810

2018

$558 (+31.0%)

$2,150 + $8,660

$10,810

2017

$426 (+6.2%)

$1,730 + $6,770

$8,500

2016

$401

$1,730 + $6,770

$8,500

2015

$401 (+3.6%)

$1,510 + $6,020

$7,530

2014

$387 (−7.4%)

$1,510 + $6,020

$7,530

2013

$418 (−4.0%)

$1,510 + $5,660

$7,170

2012

$435 (+0.5%)

$1,510 + $5,660

$7,170

2011

$433 (−6.4%)

$1,670 + $5,800

$7,470

2010

$463 (−1.2%)

$1,670 + $5,800

$7,470

2009

$468

$1,830 + $6,290

$8,120

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,400 Sq. Ft.

Year renovated

1970

Sq. Ft.

894

Year built

1951

Style

Single Family Residential

County

El Paso County

APN

6430108007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 12, 2026.

R-1 6

Single-Family - Medium District

This zone district accommodates single-family residential uses on lots with a minimum size of 6,000 sq ft. Land uses are as indicated in Table 7.3.2-A (Base and NNA-O District Use Table).

Permitted uses

Include but are not limited to:

Agriculture
Community / recreation center
Housing-Single unit
Infrastructure
Communications tower
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Garage Amenities: See Property Description

Interior

Virtual Tour
Virtual Tour URL Unbranded 3: Virtual Tour (External Link)

Interior Features
See Property Description Remarks
Luxury Vinyl
Luxury Vinyl
Fireplace Description: See Property Description
Appliances: Disposal, Range Oven (Gas/Electricity), Refrigerator
Laundry Facilites: Main
Cooling: Central Air
Heating: Forced Air

Sq. Ft. Information
Sq. Ft. (Finished): 894
Sq. Ft. (Total Basement): 400
Sq. Ft. (Main Floor): 894

Room Information
Main Floor Bedroom
# of Baths (Full): 1

Exterior

Exterior Features
Structure: Framed on Lot
Concrete
Siding: Stucco
Roof: Composite Shingle
Fence: Rear

Lot Information
Concrete
None
Lot Description: City View, Corner, Level
Near Public Transit, Near Schools, Near Shopping Center
Acres Total: 0.1928

Property Information
Property Sub Type: Single Family

Building Information
Partial Basement
Construction Status: Existing Home
Basement Percent Finished: 0

Financial

Tax Information
Tax Amount: $708.38
Tax Year: 2023

Financing Information
Terms: Cash, Conventional, FHA, VA

Utilities

Utility Information
Water: Municipal
Cable, Electricity

Location

Homeowners Association Information
No
Association Fee: 0.00
Not Applicable

School Information
School District: 2-Harrison

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 894
Stories: 1.0
Lot Size: 8,400 square feet
Style: Single Family Residential
Year Built: 1951
Year Renovated: 1970
County: El Paso County
APN: 6430108007

Home facts updated by county records on Jun 12, 2026

Other

Miscellaneous Information
High Speed Internet Available, RV Parking, See Property Description Remarks, Window Coverings

Listing Information
Property Attached YN: No

Around this home

Schools

Stratton Meadows Elementary School

Public PreK-5 • Assigned • 0.2mi

1/10

Fox Meadow Middle School

Public 6-8 • Assigned • 1.8mi

4/10

Harrison High School

Public 9-12 • Assigned • 1.6mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 90° expected this year, 18 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Colorado Springs, CO • 80905

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.2 hours in June and 6.5 hours in December, placing it above the U.S. average for solar exposure.

11.2 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$309,000 – $374,000

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Abigail Benton • The Cutting Edge

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Home values near 516 E Cheyenne Rd

Data from public records.

Address	Redfin Estimate
512 E Cheyenne Road, Colorado Springs, CO 1 Beds \| 1 Baths \| 796 Sq. Ft.	$276,208
520 E Cheyenne Road, Colorado Springs, CO 2 Beds \| 1 Baths \| 1188 Sq. Ft.	$304,809

Address	Redfin Estimate
508 E Cheyenne Road, Colorado Springs, CO 2 Beds \| 1 Baths \| 796 Sq. Ft.	$315,434
524 E Cheyenne Road, Colorado Springs, CO 2 Beds \| 1 Baths \| 894 Sq. Ft.	$290,523

Address	Redfin Estimate
502 E Cheyenne Road, Colorado Springs, CO 2 Beds \| 1 Baths \| 1188 Sq. Ft.	$306,856
507 E Cheyenne Road, Colorado Springs, CO 2 Beds \| 1 Baths \| 796 Sq. Ft.	$319,891

Property information provided by elevateMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 80905, CO

Sale history for 516 E Cheyenne Rd

Tax history for 516 E Cheyenne Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 80905

Home values near 516 E Cheyenne Rd

More real estate resources