5540 Parapet
MLS #: 8477977
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5540 Parapet, Colorado Springs

Single Family in 80918

List Price
$1,850,000
Beds/Baths: 6/6
Garage: 3
Year Built: 1991
Days on Market: 28
Taxes: $3,453/yr
Insurance: $3,000/yr est.
Listed By: REMAX PROPERTIES

Estimated Monthly Cost Breakdown*

Mortgage (7.0% / 30yr) Contact a Lender → $12,308.10
Property Taxes $287.75
Insurance Get Quote → $250.00
Total Est. Monthly* $12,845.85

Market Context — 80918 (Briargate & Pine Creek)

Avg Days on Market: 86 ▼ This listing: 28
Avg Close Price: $425,314
Avg CPOLP: 94.8%
Median CPOLP: 95.9%
Active Listings: 107
Closed (30 days): 44

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80918 over the last 30 days.

County Assessor Data

Assessor Market Value: $937,964 97% above
Last Sale Price: $920,000
Last Sale Date: Jul 19, 2021
Lot Size: 0.79 acres
Finished SqFt: 6,768
Basement: 2,698 sqft (2,398 finished)
School District: COLO SPGS SCHOOL DISTRICT #11

Source: El Paso County Assessor. Parcel 6314311043. Assessor values may differ from market value.

Hail Risk — 80918

High
Events (5 years): 17
Largest Stone: 1.75"
Avg Stone Size: 1.16"
Most Recent: Jun 17, 2025

Source: NOAA Storm Events Database. Hail events in this zip code over the past 5 years. Consider roof age and insurance implications.

Building Permits

9 records
Aug 2022 GAS LINE TO RANGE. 125K BTU’S $1,350 Finaled #O28607
Mar 2020 WATER HEATER REPLACEMENT $800 Finaled #M77790
Oct 2014 REROOF PATIO COVER PORTION OF ROOF ONLY (STANDING SEAM) $2,500 Finaled #J42704
Oct 2014 REPLACE WATER HEATER ( INSTALL 2007 ) $850 Finaled #J40022
Dec 2011 COVERED PORCH AND STAIRS $14,500 Finaled #I04639
Showing 5 of 9 permits Provided as a courtesy — verify at pprbd.org

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5575 Butler
MLS #: 7604307 More Details →
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Type: Single Family
Zip: 80918
Beds/Baths: 5/4
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Est. Monthly Cost* $7,159.29
Data from the PPMLS. Estimated monthly cost assumes 7.0% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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