Iconic Colorado Properties
Rob Thompson, Realtor
719.440.6626  |  rob@iconiccoloradoproperties.com
Monthly Price Market Sell Buy Near Me Commute Blog
Price Drop - $50,000 off (8.9%)
Est. payment
$4,087/mo
831 Merrimack River Way
MLS #: 4797786
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831 Merrimack River Way, Monument

Single Family in 80132

List Price
Was $560,000
$510,000
Est. monthly payment* $4,087/mo
0% down at today's 7.40% rate, including taxes, insurance. Adjust the scenario below.
Beds/Baths: 4/4
Garage: 3.0
Year Built: 2006
Days on Market: 56
Taxes: $3,668/yr
Insurance: $3,000/yr est.
Listed By: Action Team Realty

Estimated Monthly Cost Breakdown*

Mortgage (7.4% / 30yr) Contact a Lender → $3,531.14
Property Taxes $305.67
Insurance Get Quote → $250.00
Total Est. Monthly* $4,086.80
Adjust Your Scenario
Rate defaults to the latest reported 30-year average. Taxes, insurance, and HOA are held fixed.
Own a home nearby? See what it's worth with live MLS + assessor comps. Check My Home's Value →

Market Context - 80132 (Monument & Palmer Lake)

Avg Days on Market: 61 ▼ This listing: 56
Avg Close Price: $814,823
Avg CPOLP: 95.2%
Median CPOLP: 97.1%
Active Listings: 235
Closed (30 days): 34

CPOLP = Close Price to Original List Price. Above 100% means sellers are getting more than asking. Based on closed sales in 80132 over the last 30 days.

County Assessor Data

Assessor Market Value: $619,698 18% below
Last Sale Price: $545,500
Last Sale Date: Oct 19, 2021
Lot Size: 0.23 acres
Finished SqFt: 2,794
Basement: 940 sqft (798 finished)

Source: El Paso County Assessor. Parcel 7125303012. Assessor values may differ from market value.

Hail Risk - 80132

Moderate
Events (5 years): 11
Largest Stone: 2.0"
Avg Stone Size: 1.2"
Most Recent: May 24, 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 Permit data is temporarily unavailable. Check back later or verify at pprbd.org.

Price History

$560,000 Listed Aug 20
$540,000 ▼ -$20,000 / -3.6% Sep 02
$520,000 ▼ -$20,000 / -3.7% Sep 17
$510,000 ▼ -$10,000 / -1.9% Oct 14

Recent Comparable Sales (30 Days)

16934 Buffalo Valley Path
3 bed / 3 bath · 7 DOM · Closed Oct 30
Listed: $499,000
$497,000
99.6% CPOLP
16471 Mountain Flax Drive
3 bed / 3 bath · 13 DOM · Closed Oct 30
Listed: $487,500
$481,000
98.7% CPOLP
17035 Snowwood Drive
4 bed / 4 bath · 54 DOM · Closed Oct 26
Listed: $569,900
$550,000
96.5% CPOLP
1352 Red Mica Way
3 bed / 3 bath · 2 DOM · Closed Oct 19
Listed: $425,000
$425,000
100.0% CPOLP
756 Chesapeake Avenue
4 bed / 4 bath · 91 DOM · Closed Oct 13
Listed: $640,000
$610,000
95.3% CPOLP

Based on closed sales in the last 30 days with similar price range and location.

Click here for full details on PPAR →

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More Homes in 80132

Featured Listing
Price Drop - $125,500 off
230 Wild Duck Lane
MLS #: 1351377 More Details →
230 Wild Duck Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/4
Garage: 3.0
List Price: $875,000 $749,500
DOM: 129
Taxes: $2,838/yr
Year Built: 1998
Listed By: Iconic Colorado Properties, LLC
List Price $749,500
Est. Monthly Cost* $5,675.88
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17751 Lucky Penny Lane
MLS #: 7816449 More Details →
17751 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $513,100
DOM: 0
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $513,100
Est. Monthly Cost* $4,069.10
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17673 Lucky Penny Lane
MLS #: 8726931 More Details →
17673 Lucky Penny Lane, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 3/3
Garage: 2.0
List Price: $513,100
DOM: 198
Taxes: $3,198/yr
Year Built: 2026
Listed By: Classic Residential Services
List Price $513,100
Est. Monthly Cost* $4,069.10
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Price Drop - $30,900 off
15611 Candle Creek Drive
MLS #: 9338340 More Details →
15611 Candle Creek Drive, Monument
Type: Single Family
Zip: 80132
Beds/Baths: 2/2
Garage: 3.0
List Price: $529,900 $499,000
DOM: 58
Taxes: $3,095/yr
Year Built: 1999
Listed By: Keller Williams Partners
List Price $499,000
Est. Monthly Cost* $3,962.89
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See all homes in 80132 →
The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp d/b/a elevateMLS. Estimated monthly cost assumes 7.4% APR, 30-year fixed, $3,000/yr insurance, and actual taxes. This is not an offer to lend.

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