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Back 531 Powers Street
Off Market

531 Powers Street

Erie CO 80516

5
5
3
4144 sq. ft.
6600 sq. ft.
Single-Family
Last sold for $830,000
Dustin GriffithDustin Griffith, last sold this property on 12 May 2023 after 56 days on market.

Overview

Situated in sought-after Erie Commons, this stunning home has been reimagined and upgraded by its current owners, combining indoor/outdoor living with designer finishes throughout. Beautiful hand-scraped wood floors, a neutral palette, and tons of natural light flow into an open-concept main living space. Over 30K in automated HUNTER DOUGLAS blinds/window treatments throughout the home. The well-appointed kitchen boasts a large center island, granite counters, 42” cherry cabinetry, and a stainless steel appliance package. The butler’s pantry transitions the kitchen to a formal dining space, perfect for dinner parties or intimate family meals. Step out the large glass slider to an entertainer’s paradise. A covered patio with a new outdoor kitchen and built-in speakers leads to a spacious stamped concrete patio with a gas firepit overlooking a landscaped yard with mature trees and wifi enabled irrigation. Retreat to your owner’s suite featuring a sitting area with fireplace, walk-in closet, and 5-piece bath with a walk-in shower and dual vanities. The recently finished lower level allows for endless entertainment opportunities and is complete with a media room, wet bar with black walnut live-edge counters, a 500-bottle wine cellar, engineered bamboo floors, and a private 5th bedroom. This exquisite home is located adjacent to the community park and splash pad, within walking distance to downtown Erie, Coal Creek trail, and more. Do not wait to schedule your showing.

Features

5 bedrooms
5 bathrooms
3 carspaces
3 garage spaces
4144 sq. ft. floor area
6600 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Erie over the last 12 months, the estimated median property value of 531 Powers Street is $869.7k.

Median value
$869.7k
Estimated value range
$550k - $2.2m
Median days on market
54
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Erie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 531 Powers Street

2023
Sold
$830,000
12 May 2023 by Dustin Griffith, of RE/MAX Professionals
2012
Sold
$390,200
12 Dec 2012 by Elizabeth Moser, of MB/Moser Real Estate Group

Happy sellers in Erie

74%
74% of sellers in Erie reported that their sale price either exceeded or met their price expectations.

Erie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Erie over the last 12 months.

Local market activity for 5 bedroom single-family properties in Erie

In the last 12 months, 164 five-bedroom single-family properties similar to 531 Powers Street, have been sold.

This represents a 24% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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