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$276,281

Listing Price

2beds

2baths

1,212sqft

505sqft lot

581 Observatory Dr, Colorado Springs, CO 80904

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Condo / Townhome

Home type

227.95

Price / sqft

1984

Year built

Home Details

Take advantage of a seller-paid incentive covering your first year of HOA dues, a rare opportunity that significantly reduces your upfront cost of ownership, along with the comfort of central air conditioning for year-round livability.nnStep into a beautifully updated Westside condo that combines modern finishes, flexible living space, and an unbeatable location just minutes from downtown and Old Colorado City.nnThe standout feature of this home is the fully renovated kitchen, complete with sleek quartz countertops and brand-new appliances. Designed for both everyday living and entertaining, the kitchen flows seamlessly into the open-concept dining and living areas, where a cozy fireplace and abundant natural light create a warm, inviting atmosphere.nnStep outside to your private balcony overlooking a beautifully maintained courtyard, an ideal spot to unwind or enjoy your morning coffee.nnThe main-level bedroom offers comfort and convenience, featuring a spacious walk-in closet and its own private balcony, creating a peaceful retreat. Upstairs, an additional bedroom with an adjoining bath provides flexibility for guests, a home office, or a secondary living space.nnOne of the home's most unique features is the deep, oversized tandem garage, offering exceptional space for multiple vehicles, storage, or even a workshop, an uncommon find in this area.nnLocated just a short 5-10 minute walk or bike ride from downtown and Old Colorado City, you'll enjoy easy access to local shops,

Interior Details

Square Feet
  • 1212

Bedrooms
  • 2

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 505

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • Condo/apartment

Exterior
  • Combination

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$874

$2,220

$10,730

--%

$12,950

2019

$874

$2,220

$10,730

--%

$12,950

2018

$866

$1,800

$10,010

--%

$11,810

2017

$820

$1,800

$10,010

--%

$11,810

2016

$720

$1,990

$10,440

--%

$12,430

2014

$644

$1,790

$8,920

--%

$10,710

2013

$655

$1,790

$8,920

--%

$10,710

2012

$705

$1,790

$9,910

--%

$11,700

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Average Home Price in 80904

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Bed

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Sqft

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Sold Date

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Sold 09/29/2026

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2 Beds

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933 Lot (sqft)

Sold 10/06/2026

$276,281

2 Beds

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Sold 10/06/2026

$299,999

2 Beds

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2 Beds

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$325,000

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Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
276,281
$
Down payment
55,256.20
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,657.68
$
HOA (Monthly)
0
$
PMI
0
$
$1,788
Your Payment
Total Monthly Payment:$1,788
Percent of Income:31%
Affordable:No

Details for 581 OBSERVATORY DR

Property Debt

Foreclosure Contact Details