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  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
  8. Similar
Sold Jun 23, 2025
1 / 39
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Status: Closed

968 Terrace Cir 
Colorado Springs, CO 80904

Sold Price

$385,000

Sold on Jun 23, 2025
Amazing mid-century modern house with sweeping views, designed by Elizabeth Wright Ingraham, granddaughter of renowned architect, Frank Lloyd Wright. This home has a timeless mid-century modern design, & is currently dated, and ready for a new homeowner to tastefully remodel it, providing an opportunity to have one of the most unique homes in the area. With a large mostly flat lot, you will enjoy living in this private oasis. This home could easily be a 4b, 3ba, or would be perfectly situated for a full mother-in-law suite with private entrance, depending how you transform the lower level (den). Quick drive to Old Colorado City & downtown, you will enjoy living in this highly sought-after neighborhood. IMPORTANT: The owner has approved plans for a large sewer line project, giving homeowner the opportunity to connect to the city main. Colorado Springs Utilities has agreed to cover 22% of the cost, and some rebaits from adjacent homeowners tying into line in the future may exist. The cost after the rebate estimate is $100,000. Ask your lender about loan options to wrap this cost into your purchase price. The after renovation value (ARV) of this home could yield significant returns if resold after renovation. Great opportunity for an investor, homeowner, or visionary to create large profits or significant sweat equity. Homes like this are not being built anymore. don't miss your chance to tour this fixer-upper with worlds of potential!
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Bedrooms
3
Baths
2
House Size
2,168 sqft
Year Built
1958
Lot Size
0.28 ac
School District
Colorado Springs 11

Location

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Interior Information

basement
Partial
cooling
Central Air
fireplace
Family Room
Gas
flooring
Carpet
Tile
heating
Forced Air
laundry features
In Unit

Exterior Information

features
Balcony
fence
Partial
patio and porch
Covered
road responsibility
Public Maintained Road
road surface
Paved
roof
Composition

Property Information

architectural style
Mid-century Modern
construction
Frame
sewer
Septic Tank
subdivision name
Mesa Terrace Sub Resub
  • Listed By Nate Sylvan
  • (303) 963-6334
  • Capital Property Group LLC
  • (303) 502-7333
  • josh@capitalpropgroup.com
  • MLS 7959266

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$1,900 (+5.1%)$100,800$476,048$576,848 (0%)
2023$1,808 (-6.2%)$100,800$476,048$576,848 (+16.4%)
2022$1,928 (0%)$91,800$403,974$495,774 (0%)
2021$1,928 (-7.8%)$91,800$403,974$495,774 (+17.1%)
2020$2,091$76,300$347,077$423,377

Tax data provied by Attom

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