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2314 E Monument St, Colorado Springs, CO, 80909

2beds
1baths
1,040sqft
$315,000
$303price/sqft
$2,149/moest. monthly cost
$85,960/yrincome needed

About This Home

Charming 2-bedroom home just minutes from downtown Colorado Springs! This property offers great functionality with a detached oversized garage, a shop, and a storage shed, providing plenty of space for projects, hobbies, and additional storage. Step inside to an open entry featuring upgraded wood-laminate flooring that flows throughout the home, complemented by a freshly painted interior. The oversized living room offers a warm and inviting space with a cozy wood-burning fireplace—perfect for those chilly Colorado evenings. The kitchen features rich dark cabinetry, a convenient breakfast bar, and a dedicated main-level laundry area just off the kitchen. Two comfortable bedrooms and a full bathroom complete the main living space. Outside, enjoy the large backyard with privacy fencing and a charming fire pit area—ideal for relaxing or entertaining guests. This home also features a crawl space and includes several valuable upgrades and extras. Two window A/C units will remain, and upgraded ceiling fan lights with remotes are installed in both bedrooms and the living room for added comfort and convenience. The bathroom was updated in April 2025 with a brand-new shower, including a new tub and walls. Additional heating options include a cozy wood-burning stove, a built-in wall heater in the living room, and wood-burning furnace tools with cradle that will remain. The home also includes an insulated doggy door with a locking cover. Enjoy the covered back patio, storage shed, detached one-car garage, mature oak tree on the property, and backyard fire pit—perfect for relaxing or entertaining. Security cameras surrounding the home, including a 360° front camera, will also remain with the property. Located in a prime area just minutes from downtown, I-25, parks, and schools, this home offers both convenience and charm. No HOA! Schedule your showing today to see this wonderful home for yourself.

Getting Around

71
WalkingVery Walkable
34
TransitSome Transit
50
BikeBikeable

Schools

8/10
3/10
Palmer High SchoolGrades 9-121.8 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 1951

Materials

  • Foundation: Crawl Space
  • Roof: Composite Shingle
  • Construction materials: Alum/Vinyl/Steel,Frame

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Wood Laminate
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,040

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Wall Unit(s)

Interior Area

  • Total structure area: 1,040
  • Total interior livable area: 1,040 sqft

Other

  • Level: Main
  • Area: 144

Property

Details

  • Parcel number: 6409324012

Features

  • Patio & porch: Covered,Other
  • Fencing: Back Yard
  • Has view: Yes
  • View description: Mountain(s),View of Pikes Peak

Lot

  • Lot size: 5,623 sqft
  • Features: Level,Near Fire Station,Near Hospital,Near Park,Near Public Transit,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Detached,Even with Main Level,Gravel Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 $1,592$19,104
Home Insurance *$253$3,036
Property Taxes $118$1,416
Electricity $186$2,232
Total$2,149$25,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,680/yr
40% on housing$64,470/yr
45% on housing$57,306/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

$303This listing

vs Other Active Listings

Avg $/sqft

ZIP 80909$162
El Paso County$182

vs Homes Sold Last Month

Median $/sqft

ZIP 80909
El Paso County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$325,000
2026-04-26Price change$330,000
2026-04-16Price change$340,000
2026-04-03Price change$345,000
2026-03-11Listed for sale$350,000
2024-06-26Listing removed--
2021-06-25Sold$325,000
2021-05-27Listed for sale$320,000
2019-04-30Sold$225,000
2019-03-25Listed for sale$225,000
2015-05-20Sold$125,000

For Sale by Agent

AgentLauren Schneider C2EX GRI MRP
BrokerageExp Realty LLC

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