Mid-Century Modern home in Colorado Springs, CO
This 2,792-square-foot Mid-Century Modern home in Colorado Springs, CO includes 4 bedrooms and 2 bathrooms. The listing highlights attached garage, deck / patio, fireplace, and large backyard / lot.
| Price | $425,000 |
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| Beds | 4 |
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| Baths | 2 |
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| Sqft | 2792 |
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| Architectural style | Mid-Century Modern (49% match) |
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| Address | 1406 Iowa Ave, Colorado Springs, CO 80909 |
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Why buy this home
- Confirmed Mid-Century Modern architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, deck / patio, fireplace, large backyard / lot.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $425K, this home is 2% below the $435K median for 134 similar Mid-Century Modern homes in Colorado Springs, CO.
- That works out to $152 per square foot, 34% below the $231 comparable rate.
- On the market 23 days.
| This home | $425,000 |
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| Mid-Century Modern median in Colorado Springs, CO | $434,950 (134 homes) |
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| Price per sq ft | $152 vs. $231 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,666/month with 20% down at a 7.28% 30-year fixed rate. You would need about $114,271 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,326/mo |
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| Property tax (new-buyer reassessed rate) | $181/mo |
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| Homeowners insurance | $159/mo |
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| Total monthly | $2,666/mo |
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| Down payment (20%) | $85,000 |
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| Income needed | $114,271/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (67 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (67/100) |
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| Beats renting in | 22% of modeled paths |
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| Modeled 5-yr equity (median) | $216,651 |
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| Range (10th to 90th pct) | $131,841 to $319,112 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Colorado Springs, CO where local data is thin.
Local home values
Typical home values in Colorado Springs, CO have risen about 5% over the past 5 years (-1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia