40 3rd St, Penrose, CO 81240
Property image
Property image
OFF MARKET

$354,700

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,216 sqft (on 10 acres)

40 3rd St, Penrose, CO 81240

Est. Refi. Payment $1,981/mo*
Refinance Your Home
Currently Off Market - Sold Jul 10, 2020 for $249,000

Home Value

Trulia Estimate
$355K
Since last month
Decreased$6K (-1.6%)
Since last year
Decreased$5K (-1.4%)
Since last sale
Increased$103K (+41.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +199% in the last 10 years
MonthEstimated value
2026
August 2026$352K
July 2026$358K
June 2026$359K
May 2026$359K
April 2026$356K
March 2026$353K
February 2026$345K
January 2026$343K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$415,000
09/02/25
3
3
1,626
0.90
Single-Family Home
$300,000
07/27/26
3
1
1,008
0.43
Single-Family Home
$320,500
12/04/25
3
2
1,620
0.33
Single-Family Home
$750,000
11/24/25
4
3
3,175
1.01
Single-Family Home
$277,700
06/12/26
3
2
1,560
1.08
Single-Family Home
$395,000
04/17/26
3
3
2,786
0.99
Single-Family Home
$377,500
12/30/25
3
1
1,352
0.82
Single-Family Home
$105,000
10/14/25
2
2
840
1.42
Single-Family Home
$435,000
11/25/25
2
1
1,050
1.26
Single-Family Home
$465,000
04/27/26
4
3
2,184

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.13
$404,000
3
3
1,626
Off Market
0.27
-
-
-
-
Off Market
0.33
$750,000
4
3
3,175
Recently Sold
0.36
$325,000
3
1
1,920
For Sale
0.38
$507,800
3
2
2,094
Off Market
0.65
$374,500
2
2
1,420
Off Market
0.71
$330,900
3
2
1,152
Off Market
0.82
$102,400
2
2
840
Off Market
0.83
$325,000
3
3
1,216
For Sale
0.92
$206,900
3
2
1,216
Off Market
0.94
$285,800
3
1.5
1,104
Off Market
0.98
$321,500
3
2
1,568
Off Market

Local Information

  • Map ViewExplore the area around 40 3rd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
10 acres
Living Area
1,216 sqft
Price/Sqft
$292

About this House

Nice 3 bed, 2 bath on private10 acre lot! Entire property is fenced with 20x20 metal pole barn. This property has had lots of updating including, new gutters, new flooring in every room except kitchen which was replace approx. 2 years ago. Professionally painted interior. Kitchen cabinets have a modern look and include tile countertops and a new stove. Dishwasher 1 year old. Furnace is approx.. 2 years old. Master bedroom has walk in closet and adjoining master bath with separate shower, corner soaker tub and skylight. Other features include 2x6 exterior walls, covered front porch and metal soffits. Bonus 8x12 shed. All windows have been replaced. Sunroom has dog run attached. This property is on city water but also has an old well that may work for extra water. Septic was replaced with new tank, lines and leech field approx. 5 years ago. Easy commute to Colorado Springs! Great views and close to Brush Hallow Damn!
40 3rd St, Penrose, CO 81240 is a 3 bedroom, 2 bathroom, 1,216 sqft single-family home built in 1996. It last sold for $249,000 on Jul 10, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $354,700, with a rent estimate of $2,108/month.

Home Details for 40 3rd St

Interior Features

Heating & Cooling
Heating: Forced Air, SolarAir ConditioningCooling System: Central, SolarHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Laminate
Interior Details
Additional StorageNumber of Rooms: 7Types of Rooms: Walk In Closet, Master Bath, Sun RoomStorageCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDryerMicrowaveRefrigeratorWasher
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: MetalExterior: OtherFoundation Type: Concrete Block
Parking & Garage
Parking: Off Street

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 10.00 acres

Mobile R/V

RV Parking
Rv Parking

Price and Tax history

DateEventPrice
Jul 10, 2020
Source: Royal Gorge AOR #62602
Sold
$249,000
Apr 23, 2020
Source: Agent Provided
Listed For Sale
$249,000
Mar 4, 2010
Source: N/A
Sold
$55,059

Market trends in Penrose

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
41
1
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Penrose

At least 9 Trulia users voted on each feature.
  • 92 % Say parking is easy

  • 89 % Say yards are well-kept

  • 88 % Say car is needed

  • 81 % Say people would walk alone at night

  • 80 % Say there's wildlife

  • 79 % Say it's quiet

  • 69 % Say there's holiday spirit

  • 62 % Say it's dog friendly

  • 60 % Say there are community events

  • 59 % Say kids play outside

  • 58 % Say neighbors are friendly

  • 36 % Say they plan to stay for at least 5 years

  • 35 % Say it's walkable to grocery stores

  • 18 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Pstiller
    "I live here, over live here ten years. like the people a lot but not the inconvenience. only one gas station, one very limited grocery. one bank. "
  • rstillday
    "I've lived in Penrose for two years now and love the area, everything is close and neighbors are really nice. Keep to themselves, but friendly if you need help. Great place to retire."
  • Ken
    "The area is good for horse or animal lovers. The county is only allowing homes or doublewide mobiles in the areas. No singlewides of any year or style are allowed. The area consist of half gravel and half paved roads. There is a huge mix of home types in the area. In 20 years it may become a more sought after area. The local folks do not want to be incorporated like the county would like it to be."

LGBTQ Local Legal Protections

Frequently asked questions about 40 3rd St

  • What is 40 3rd St estimated to be worth?
    Trulia's estimated value for 40 3rd St in Penrose, CO is $354,700.
  • What is the price history for 40 3rd St?
    40 3rd St in Penrose, CO last sold for $249,000 in July 2020.
  • Is Penrose a buyer's or seller's market?
    Penrose is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Penrose?
    Residents describe Penrose, CO as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Penrose, CO.
  • Does 40 3rd St have air conditioning?
    Yes, 40 3rd St in Penrose, CO has air conditioning.
  • Does 40 3rd St have laundry facilities?
    Yes, 40 3rd St in Penrose, CO has in-unit laundry.

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Off Market Homes Near 40 3rd St

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