NOT LISTED FOR SALE

Portico 2500 E Cherry Creek Dr S Unit 507 Denver, CO 80209

Belcaro Neighborhood

Estimated Value: $397,326 - $452,000

1 Bed
1 Bath
669 Sq Ft
$419/mo HOA Fee

Last Sold July 29, 2023

Last sale price $390,000 $583 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,824/month

78 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Clubhouse
  • Cory Elementary School Rated A-
  • City View
  • Contemporary Architecture

About This Home

As of July 2023

Huge price reduction. Don't hesitate. Rare opportunity in prestigious Portico Building. Resort like living in the coveted Cherry Creek area and just steps from the mall, farmers market, and excellent restaurants. Unit has been professionally repainted and is ready for quick possession. These small units rarely come up for sale so don't miss your opportunity. Large windows provide an abundance of natural light. Amenities galore in this building. Well equipped fitness center, pool (currently being remodeled), sauna, steam room, massage room, community clubhouse, and Guest Suite. Unit comes with deeded parking space in a large, heated underground garage. Many amenities in garage including bike racks, EV charging station, air compressor, and window washing station. All in all, a safe, secure place to call home.

Last Agent to Sell the Property

Richard Seewald

Richard Seewald License #040004290 Listed on: 04/21/2023

Last Buyer's Agent

Richard Seewald

Richard Seewald License #040004290 Listed on: 04/21/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,853

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 392

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Electric Vehicle Home Charger
  • Secured Garage or Parking

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 669 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Cory Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Mini Split Air Conditioners
  • Water Heater

Additional Features

  • Outdoor Pool
  • East Facing Home

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 5124-20-114

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • Portico Homeowners Association, Phone Number (720) 833-1001
  • Mid-Rise Condominium
  • Portico Community
  • Portico Condominiums Subdivision
  • Community Parking

Amenities

  • Community Garden
  • Sauna
  • Clubhouse
  • Elevator
  • Bike Room

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,853

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$419 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: Portico
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 669
  • Entry Location: Corridor Access
  • Exclusions: none
  • Living Area: 669
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Property Condition: Updated/Remodeled
  • Directions: Two buildings east of University Blvd on East Cherry Creek Drive South. Turn into entry and visitor parking is on the right.
  • SubdivisionName: Portico Condominiums
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-04-25
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Direction Faces: East
  • Roof: Unknown
  • Construction Materials: Stucco
  • View: City
  • Pool Features: Outdoor Pool

Garage/Parking

  • Parking Features: Electric Vehicle Charging Station(s), Underground
  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Sewer: Community Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Hot Water
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Key Card Entry, Secured Garage/Parking, Security Entrance

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Association Name: Portico Homeowners Association
  • Association Fee Frequency: Monthly
  • Association Amenities: Bike Storage, Clubhouse, Elevator(s), Fitness Center, Garden Area, On Site Management, Parking, Pool, Sauna
  • Association Fee: 418.62
  • Phone: (720) 833-1001
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 5023.44
  • REC_AssociationFeeTotalAnnual: 5023.44
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationTransferAmount: $250.00

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5124-20-114
  • Building Area Total: 669

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1853

MLS Schools

  • Elementary School: Cory
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Haddock Paula
Bought by
Paula Haddock Revocable Trust
Current Estimated Value
$415,332

Purchase Details

Closed on
Dec 14, 2024
Sold by
Haddock Paula
Bought by
Paula Haddock Revocable Trust

Purchase Details

Listed on
Apr 21, 2023
Closed on
Jul 28, 2023
Sold by
Gracie Finkel Freedman Trust
Bought by
Haddock Paula
Seller's Agent
Richard Seewald
Richard Seewald
Buyer's Agent
Richard Seewald
Richard Seewald
List Price
$458,000
Sold Price
$390,000
Premium/Discount to List
-$68,000
-14.85%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.00%
Original Mortgage
$208,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2017
Sold by
Epstein Mark L
Bought by
Grecte Finkel Freedman Trust

Purchase Details

Closed on
Jul 18, 2002
Sold by
South Bank Residences Llc
Bought by
Epstein Mark L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Paula Haddock Revocable Trust -- None Listed On Document
Paula Haddock Revocable Trust -- None Listed On Document
Paula Haddock Revocable Trust -- None Listed On Document
Paula Haddock Revocable Trust -- None Listed On Document
Haddock Paula $390,000 Land Title Guarantee Company
Grecte Finkel Freedman Trust $378,400 Fidelity National Title
Epstein Mark L $240,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haddock Paula $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2023 07/29/23 Sold $390,000 -11.0% $583 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $438,000 -4.4% $655 / Sq Ft
04/25/2023 04/25/23 For Sale $458,000 -- $685 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

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 $1,703 $21,500 $1,650 $19,850
2023 $1,666 $21,500 $1,650 $19,850
2022 $1,919 $24,130 $1,720 $22,410
2021 $1,853 $24,830 $1,770 $23,060
2020 $1,859 $25,060 $1,770 $23,290
2019 $1,807 $25,060 $1,770 $23,290
2018 $1,658 $21,430 $1,570 $19,860
2017 $1,653 $21,430 $1,570 $19,860
2016 $1,672 $20,500 $1,616 $18,884
2015 $1,602 $20,500 $1,616 $18,884
2014 $1,340 $16,130 $1,441 $14,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3403077

REcolorado®

APN: 5124-20-114