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510 Phay Ave, Canon City, CO, 81212

4beds
2baths
1,824sqft
$378,000
$207price/sqft
$2,424/moest. monthly cost
$96,960/yrincome needed

About This Home

Centrally located and thoughtfully designed, this spacious 4-bedroom, 2-bath bi-level home offers comfort, functionality, and major updates for peace of mind. The low-maintenance xeriscaped front yard provides great curb appeal, while the well-planned floor plan offers plenty of room to spread out. Step into the large main-level foyer with convenient access to the backyard and attached 2-car garage. Upstairs, the bright living room flows into the dining area, creating a welcoming space for gathering and entertaining. The spacious kitchen features abundant cabinetry and countertop space, making meal prep and storage a breeze. Two generously sized bedrooms and a full bathroom complete the upper level. The lower level offers a large family room with a cozy fireplace, perfect for relaxing evenings at home. You’ll also find a large utility room with laundry, two additional bedrooms, and another full bathroom, giving this home flexibility for family, guests, or office space. Outside, enjoy the large fully fenced backyard with plenty of room for pets, play, or outdoor entertaining. Recent updates include a brand-new roof, new HVAC system, and new hot water heater. Plus, keep utility costs down with an assumable solar loan for added energy efficiency.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

3/10
6/10
Canon City Middle SchoolGrades 6-81.0 mi
3/10
Canon City High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Alum/Vinyl/Steel,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Double Pane Windows
  • Flooring: Ceramic Tile,Luxury Vinyl
  • Number of fireplaces: 1
  • Fireplace features: One
  • Fireplace: Yes
  • Attic: Access Only

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,824
  • Total interior livable area: 1,824 sqft

Property

Details

  • Parcel number: 11027260

Features

  • Levels: Bi-Level
  • Patio & porch: Concrete
  • Fencing: Rear

Lot

  • Lot size: 8,712 sqft
  • Features: Level,Front Landscaped

Parking

  • Parking features: Attached,Concrete Driveway
  • Has garage: Yes

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

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Hail
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters Across Colorado Counties

Fire
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 $1,911$22,932
Home Insurance *$214$2,568
Property Taxes $113$1,356
Electricity $186$2,232
Total$2,424$29,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,108/yr
40% on housing$72,720/yr
45% on housing$64,640/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: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 81212$154
Fremont County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 81212$214
Fremont County$209

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-25Price change$378,000
2026-06-25Listed for sale$382,000
2023-11-20Sold$315,000
2023-10-30Contingent$320,000
2023-10-30Pending sale$320,000
2023-10-26Listed for sale$320,000
2016-01-20Sold$167,000
2009-03-23Sold$155,000
2005-10-03Sold$148,000

For Sale by Agent

AgentDella A. Rieger
BrokerageReal Broker, LLC

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