518 Valley Rd is a 1,744 square foot house on a 7,895 square foot lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Colorado Springs data, we estimate the home's value is $450,307.
Single-familyProperty Type
1955Year Built
7,895 sq ftLot Size
$258Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$450,307
$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10% lower than the average sale price ($500K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,271 (+21.7%)
$6,610 + $26,190
$32,800
2024
$1,044 (+11.8%)
$6,610 + $26,190
$32,800
2023
$934 (+10.6%)
$5,030 + $24,860
$29,890
2022
$844 (−7.9%)
$3,960 + $18,080
$22,040
2021
$916 (+12.9%)
$3,960 + $18,080
$22,040
2020
$812 (+0.5%)
$4,080 + $18,600
$22,680
2019
$807 (+17.6%)
$3,150 + $15,960
$19,110
2018
$687 (+5.6%)
$3,150 + $15,960
$19,110
2017
$650 (+36.4%)
$2,650 + $13,910
$16,560
2016
$477 (+0.4%)
$2,650 + $13,910
$16,560
2015
$475 (+7.2%)
$2,790 + $13,410
$16,200
2014
$443 (−50.9%)
$2,790 + $13,410
$16,200
2013
$901 (−2.6%)
$2,790 + $11,940
$14,730
2012
$925 (−0.8%)
$2,790 + $11,940
$14,730
2011
$933
$2,790 + $12,550
$15,340
2010
$933 (+1.0%)
$2,790 + $12,550
$15,340
2009
$924
$2,790 + $13,030
$15,820
Tax history for 518 Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,271 (+21.7%)
$6,610 + $26,190
$32,800
2024
$1,044 (+11.8%)
$6,610 + $26,190
$32,800
2023
$934 (+10.6%)
$5,030 + $24,860
$29,890
2022
$844 (−7.9%)
$3,960 + $18,080
$22,040
2021
$916 (+12.9%)
$3,960 + $18,080
$22,040
2020
$812 (+0.5%)
$4,080 + $18,600
$22,680
2019
$807 (+17.6%)
$3,150 + $15,960
$19,110
2018
$687 (+5.6%)
$3,150 + $15,960
$19,110
2017
$650 (+36.4%)
$2,650 + $13,910
$16,560
2016
$477 (+0.4%)
$2,650 + $13,910
$16,560
2015
$475 (+7.2%)
$2,790 + $13,410
$16,200
2014
$443 (−50.9%)
$2,790 + $13,410
$16,200
2013
$901 (−2.6%)
$2,790 + $11,940
$14,730
2012
$925 (−0.8%)
$2,790 + $11,940
$14,730
2011
$933
$2,790 + $12,550
$15,340
2010
$933 (+1.0%)
$2,790 + $12,550
$15,340
2009
$924
$2,790 + $13,030
$15,820
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-1 6
HS-O
WUI
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).
Zone overlays
Hillside Overlay District
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
Feb 24, 2025 • Final
434
HVAC
May 9, 2023 • Final
434
Replace the water heater.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 2
Has Fireplace
Room Information
# of Rooms: 4
Exterior
Exterior Information
Foundation Type: Concrete
Building Style Type: Ranch
Construction Type: Masonry
Building Construction Quality: Average
Exterior Wall: Wood Siding
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: PLEASANT VALLEY SUB 3 COLO SPGS
Living Sq. Ft: 1,744
Adjusted Gross Sq. Ft: 1,744
Ground Floor Sq. Ft: 1,744
Building Sq. Ft: 1,744
# of Stories: 1
Stories Type: 1
Legal Description: LOT 32 EX NLY 10 FT, NLY 5 FT OF LOT 31 BLK 1 PLEASANT VALLEY SUB 3
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,895
Legal Lot Number: 32
Legal Block Number: 1
Municipality Name: COLO SPGS SCHOOL NO 11
Acres: 0.1812
Zoning Code: R-1 6 HS
County Use Description: SINGLE FAMILY RESID
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,744
Stories: 1.0
Lot Size: 7,895 square feet
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1964
County: El Paso County
APN: 7403402031
Home facts updated by county records on Sep 2, 2026
Around this home
Schools
Howbert Elementary School
Public PreK-5 • Assigned • 0.6mi
8/10
Holmes Middle School
Public 6-8 • Assigned • 1.0mi
9/10
Coronado High School
Public 9-12 • Assigned • 1.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Old Colorado City is known for its historic charm, walkable shopping district, local restaurants, galleries, and colorful older homes. It offers quick access to downtown, Garden of the Gods, and the westside trail system.
Colorado Springs has so many different neighborhoods and life styles to choose from, with incredible mountain views and plenty to do outdoors. Lets get inside of some houses and see what feels right. I'd love to show you around the Springs. Reach out...