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898 Phelps Ave, Canon City, CO, 81212

3beds
2baths
1,949sqft
$198,000
$102price/sqft
$1,358/moest. monthly cost
$54,320/yrincome needed

About This Home

Unique North Canon home on a 1/2 acre lot ready for you to bring your ideas! Situated on an appealing corner lot with mature trees, partial fencing and room to expand. This large home features and open kitchen and living area with a rock fireplace as a great focal point and a large picture window to let the sunshine in! Primary bedroom with en-suite 1/2 bathroom and a full bathroom with room to expand and customize! Outside, enjoy plenty of room to roam with a versatile detached workshop/shed featuring an overhead garage door—ideal for hobbies, storage, or future projects. Come check out the potential here in this great property and make it your own.

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

5/10
Harrison SchoolGrades K-80.9 mi
3/10
Canon City High SchoolGrades 9-121.1 mi
6/10
Canon City Middle SchoolGrades 6-81.4 mi

Construction

Condition

  • Year built: 1965

Materials

  • Construction materials: Wood Siding,Wood Frame

Type & Style

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

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Window features: Single Pane
  • Number of fireplaces: 2
  • Fireplace features: Two
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,949
  • Total interior livable area: 1,949 sqft

Property

Details

  • Parcel number: 98106254

Features

  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 0.53 Acres

Parking

  • Parking features: Detached,Workshop in Garage,Gravel 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
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Hail
Inland Flooding
Winter Weather
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 $1,001$12,012
Home Insurance *$112$1,344
Property Taxes $59$708
Electricity $186$2,232
Total$1,358$16,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,560/yr
40% on housing$40,740/yr
45% on housing$36,213/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

$102This listing

vs Other Active Listings

Avg $/sqft

ZIP 81212$155
Fremont County$159

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
2026-05-04Listed for sale$231,500
2025-06-03Listing removed$305,000
2025-03-31Price change$305,000
2025-03-03Listed for sale$325,000
2021-03-25Sold$255,000
2021-02-18Pending sale$257,000
2021-02-14Price change$257,000
2020-12-20Pending sale$260,000
2020-12-19Price change$260,000
2020-12-11Price change$265,000
2020-11-29Price change$270,000
2020-11-24Listed for sale$280,000
2018-12-27Sold$153,000

For Sale by Agent

AgentJulie M. Reeves
BrokerageReeves Real Estate Llc

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