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407 E San Rafael St, Colorado Springs, CO, 80903

1beds
1baths
564sqft
$340,000
$603price/sqft
$2,298/moest. monthly cost
$91,920/yrincome needed

About This Home

Beautifully renovated and full of charm, this single-family home in downtown Colorado Springs offers everything an apartment or condo lacks; genuine independence, no shared walls, no HOA dues, and a private fenced-in yard to call your own. Custom craftsmanship runs throughout the entire home, anchored by a stunning kitchen with custom cabinetry, hardwood floors, a Bertazzoni gas range, a SMEG refrigerator, and a farmhouse apron sink. This property is as beautiful as it is functional. The 1-bedroom, 1-bathroom home has been thoughtfully renovated to include modern conveniences such as a generous walk-in closet, without removing any of the home's original charm. Outside there is a private fenced-in yard, ideal for pets, gardening, or relaxing outdoors. The downtown location adds convenience being just minutes from Colorado College, the dining and shops along Tejon Street, the Shooks Run Trail, neighborhood parks, and quick I-25 access. This is a rare chance to own a beautifully renovated, one-of-a-kind home in one of the city's most established and centrally located neighborhoods.

Getting Around

67
WalkingSomewhat Walkable
47
TransitSome Transit
93
BikeBiker's Paradise

Schools

5/10
Taylor Elementary SchoolGrades PK-50.6 mi
6/10
North Middle SchoolGrades 6-80.2 mi
3/10
Palmer High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1920

Materials

  • Foundation: Crawl Space
  • Roof: Composite Shingle
  • Construction materials: See Prop Desc Remarks,Framed on Lot

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 564

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 564
  • Total interior livable area: 564 sqft

Other

  • Level: Main

Property

Details

  • Parcel number: 6407119006

Lot

  • Lot size: 1,498 sqft
  • Features: Level,See Remarks

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Hail
Lightning

FEMA Declared Disasters Across Colorado Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,719$20,628
Home Insurance *$266$3,192
Property Taxes $127$1,524
Electricity $186$2,232
Total$2,298$27,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$78,788/yr
40% on housing$68,940/yr
45% on housing$61,280/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$603This listing

vs Other Active Listings

Avg $/sqft

ZIP 80903$192
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80903
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Listed for sale$340,000
2026-02-23Listing removed$1,700
2026-02-17Listed for rent$1,700
2020-12-04Sold$230,000
2020-10-21Listed for sale$230,000

For Sale by Agent

AgentJordan Cassalia MRP SFR
BrokerageReal Broker, LLC DBA Real

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