Seller's Agent in 2025
Brendan Gustafson
Kentwood Real Estate
(720) 234-9375
1 in this area
42 Total Sales
Larimer Place 1551 Larimer St Unit 503 Floor 5 Denver, CO 80202
Lower Downtown Neighborhood
1
Bed
2
Baths
1,422
Sq Ft
$864/mo
HOA Fee
Highlights
- Concierge
- 24-Hour Security
- Primary Bedroom Suite
- Fitness Center
- Spa
- City View
About This Home
As of October 2025Welcome to 1551 Larimer St #503 — a spacious, well-maintained condo in the heart of Denver’s vibrant LoDo district. This functional home features an open-concept layout with large windows that fill the space with natural light. The kitchen includes stainless steel appliances—a cooktop range and dishwasher—and a breakfast bar that flows into the dining area. Built-in cabinets in the living/dining area provide extra storage.
The primary suite offers a walk-in closet and an en suite bath with double vanity and tub/shower. A second walk-in closet off the hallway with built-ins adds bonus space for storage, a home office, or flex use. The full guest bath includes an in-unit washer and dryer for convenience.
Larimer Place is a 31-story brick high-rise spanning an entire city block of Larimer Street between 15th and the 16th Street—just steps from Denver’s best restaurants, bars, shops, and cultural attractions. Originally built in 1979 and recently renovated and modernized, the building retains the larger room sizes and generous layouts characteristic of its era.
Residents enjoy resort-style amenities: 24-hour concierge, fitness center, rooftop terrace with pool and tennis court, outdoor grills, spa with sauna and hot tub, and secured underground parking. A newly renovated amenities room/lounge next to the pool is available for entertaining and events.
With its prime location, generous square footage, and unbeatable walkability, this turnkey condo offers the best of downtown Denver living in one of the city’s most desirable communities.
Approved for FHA loan financing!
Last Agent to Sell the Property
Kentwood Real Estate City Properties Brokerage Email: bgustafson@kentwood.com,720-234-9375 License #100081251 Listed on: 07/26/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,024
Year Built
- Built in 1979
Lot Details
- Two or More Common Walls
- West Facing Home
HOA Fees
- $864 Monthly HOA Fees
Parking
- 1 Car Garage
- Secured Garage or Parking
Property Views
- Mountain
Home Design
- Contemporary Architecture
- Entry on the 5th floor
- Brick Exterior Construction
- Rolled or Hot Mop Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,422 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Double Pane Windows
- Window Treatments
- Entrance Foyer
- Living Room
- Dining Room
- Bonus Room
Kitchen
- Eat-In Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Pool
- Spa
- Outdoor Pool
Outdoor Features
- Covered Patio or Porch
- Outdoor Gas Grill
Schools
- Greenlee Elementary School
- Strive Federal Middle School
- West High School
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- 110 Volts
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Accessible Approach with Ramp
- Smoke Free Home
- Property is near public transit
Listing and Financial Details
- Exclusions: Sellers Personal Property
- Assessor Parcel Number 2331-16-045
Community Details
Overview
- Association fees include reserves, insurance, irrigation, ground maintenance, maintenance structure, security, snow removal, trash, water
- Larimer Place Condo Association, Phone Number (303) 623-8764
- High-Rise Condominium
- Larimer Place Condominiums Community
- Lodo Subdivision
- Community Parking
Amenities
- Concierge
- Elevator
- Bike Room
Recreation
- Community Spa
Pet Policy
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Security
- 24-Hour Security
- Front Desk in Lobby
- Resident Manager or Management On Site
- Card or Code Access
- Fire and Smoke Detector
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2025
Closed on
Oct 8, 2025
Sold by
Pearson Zurlinden Lafayette
Bought by
Schumacher Kent and Riekenberg Grant
Seller's Agent
Brendan Gustafson
Kentwood Real Estate City Properties
Buyer's Agent
Deborah Michas
Keller Williams DTC
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
68
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
298.17%
Original Mortgage
$370,500
Outstanding Balance
$370,500
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$65,082
Purchase Details
Closed on
Jan 22, 2008
Sold by
Cherry Daniel J
Bought by
Pearson Z L and Pearson Elizabeth A
Purchase Details
Closed on
Apr 25, 2003
Sold by
Torbert Laura J
Bought by
Cherry Daniel J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,200
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 1998
Sold by
Custis James G
Bought by
Torbert Laura J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $390,000 | None Listed On Document | |
| Warranty Deed | $385,000 | Fahtco | |
| Warranty Deed | $276,500 | Stewart Title Of Denver Inc | |
| Warranty Deed | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $370,500 | New Conventional | |
| Previous Owner | $221,200 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | No Value Available | |
| Closed | $27,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2025 10/09/25 | Sold | $390,000 | -2.3% | $274 / Sq Ft |
| 07/26/2025 07/26/25 | For Sale | $399,000 | -- | $281 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,024 | $32,260 | $1,610 | $30,650 |
| 2023 | $1,981 | $32,260 | $1,610 | $30,650 |
| 2022 | $2,382 | $36,900 | $5,490 | $31,410 |
| 2021 | $2,300 | $37,970 | $5,650 | $32,320 |
| 2020 | $1,646 | $29,340 | $5,250 | $24,090 |
| 2019 | $1,600 | $29,340 | $5,250 | $24,090 |
| 2018 | $1,964 | $25,380 | $4,870 | $20,510 |
| 2017 | $1,958 | $25,380 | $4,870 | $20,510 |
| 2016 | $1,571 | $19,270 | $3,598 | $15,672 |
| 2015 | $1,506 | $19,270 | $3,598 | $15,672 |
| 2014 | $1,628 | $20,990 | $2,356 | $18,634 |
Source: Public Records
Agents Affiliated with this Home
-
Brendan Gustafson
-
Deborah Michas
D
Buyer's Agent in 2025
Deborah Michas
Keller Williams DTC
(970) 376-4488
1 in this area
2 Total Sales
About Larimer Place
Map
Source: REcolorado®
MLS Number: 5715851
APN: 2331-16-045
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