NOT LISTED FOR SALE

Portico 2500 E Cherry Creek Dr S Unit 602 Denver, CO 80209

Belcaro Neighborhood

Estimated Value: $2,012,000 - $2,231,403

2 Beds
2.5 Baths
2,914 Sq Ft
$1,498/mo HOA Fee

Last Sold March 16, 2023

Last sale price $1,920,000 $659 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,109/month

126 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Clubhouse
  • Cory Elementary School Rated A-
  • Sauna
  • 2 Fireplaces

About This Home

As of March 2023

This exquisite southwest facing Penthouse, conveniently located in the Portico, one of the only full amenity buildings in Cherry Creek, is luxurious beyond compare. Completely gutted and professionally redone, this spectacular home has an open floor plan, with hardwood floors throughout, a custom William Ohs kitchen, with top of the line appliances and eat-in slab granite island, light filled living room with corner stone fireplace and mantle and gracious dining room with bar and deck. Another highlight of the unit is the extraordinary 1,200 square-foot deck with panoramic views of the mountains, DT and complete with 2 electric awnings. The handsome wood paneled library is oversized, with custom built-in bookshelves and desk.The Primary suite is also oversized and has a massive fireplace, deck, two custom walk-in closet and beautifully equipped bathroom with chandelier, skylights and built in vanity. One additional guest suite and laundry room complete this elegant Cherry Creek Penthouse. The many amenities include a keyed elevator to PH, 4 car spaces in secure, heated garage, party room, gym, sauna, steam and new pool (under construction) not to mention just blocks from everything wonderful Cherry Creek has to offer: world class restaurants, coffee shops, galleries and shopping of course! The Primary suite is also oversized and has a massive fireplace, deck, two custom walk-in closet and beautifully equipped bathroom with chandelier, skylights and built in vanity. One additional guest suite and laundry room complete this elegant Cherry Creek Penthouse. The many amenities include a keyed elevator to PH, 4 car spaces in secure, heated garage, party room, gym, sauna, steam and new pool (under construction) not to mention just blocks from everything wonderful Cherry Creek has to offer: world class restaurants, coffee shops, galleries and shopping of course!

Last Agent to Sell the Property

Rollie Jordan

Douglas Elliman Real Estate-Hyman Ave Brokerage Phone: (970) 925-8810 License #FA.001097325 Listed on: 10/17/2022

Douglas Elliman Real Estate-Hyman Ave

Last Buyer's Agent

non- member

Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,446

Year Built

  • Built in 2000

Lot Details

  • Southwest Facing Home
  • Property is in excellent condition

HOA Fees

  • $1,498 Monthly HOA Fees

Interior Spaces

  • 2,914 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Sauna
  • Home Security System

Kitchen

  • Oven
  • Stove
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Steam Shower

Parking

  • 4 Car Garage
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 512420127127

Community Details

Overview

  • Association fees include management, insurance, water, trash, snow removal, sewer, ground maintenance
  • Out Of Area Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,446

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,498 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Freezer, Oven, Refrigerator, Window Coverings, Stove Top, Range, Microwave, Dishwasher
  • Subdivision Name: Out of Area
  • Directions: Cherry Creek Denver
  • Master Model: No
  • New Construction: No
  • Year Built: 2000
  • Tax Parcel Letter: 163031431
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: No
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-3
  • General Info:Main Floor Master: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Listing Info:ADU: No
  • General Info:Levels: 1.0
  • Financing Info:Taxes2: 8446.0
  • Financing Info:Tax Year2: 2021
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Listing Info:New Construction: No
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • HOA Fees Includes:Management: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • Extras:Sauna: Yes
  • Extras:Elevator: Yes
  • General Info:Unit Faces: Southwest
  • Inclusions:Oven: Yes
  • Inclusions:Freezer: Yes
  • Inclusions:Stove Top: Yes
  • Extras:Steam Shower: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 17976.0
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 2914.0
  • Fireplace:Gas: Yes

Exterior Features

  • Direction Faces: Southwest
  • Property Condition: Excellent

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Keywords Info:Garage: 4+ Car
  • Parking Area:Assigned2: Yes

Utilities

  • Security: Security System

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Center
  • Association Fee: 1498.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 1498.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Fitness Center: Yes
  • HOA Amenities:Club House: Yes

Fee Information

  • Association Fee Includes: Management, Insurance, Water, Trash, Snow Removal, Sewer, Maintenance Grounds

Lot Info

  • Parcel #: 512420127127
  • Zoning: R-3

Tax Info

  • Tax Annual Amount: 8446.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Mar 16, 2023
Sold by
David H Lehman Management Trust and Lehman David H
Bought by
Regions Bank
Seller's Agent
Rollie Jordan
Douglas Elliman Real Estate-Hyman Ave
Buyer's Agent
non- member
Non-Member Office
List Price
$2,450,000
Sold Price
$1,920,000
Premium/Discount to List
-$530,000
-21.63%
Views
64
Current Estimated Value
$2,138,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,601
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Dec 8, 2016
Sold by
Lehman David H
Bought by
Lehman David H and David H Lehman Management Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2012
Sold by
The Mark L Epstein Revocable Trust
Bought by
David H Lehamn & Mary Patricia Lehman 23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$776,250
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2002
Sold by
South Bank Residences Llc
Bought by
The Mark L Epstein Revocable Trust and The Alison D Epstein Revocable Living Tr
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
Regions Bank $1,920,000 None Listed On Document
Regions Bank $1,920,000 --
Lehman David H -- None Available
David H Lehamn & Mary Patricia Lehman 23 $1,035,000 Assured Title
The Mark L Epstein Revocable Trust $1,440,614 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lehman David H $720,000
Previous Owner David H Lehamn & Mary Patricia Lehman 23 $776,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Sold $1,920,000 -12.7% $659 / Sq Ft
01/27/2023 01/27/23 Price Changed $2,200,000 -10.2% $755 / Sq Ft
10/17/2022 10/17/22 For Sale $2,450,000 -- $841 / Sq Ft
Source: Aspen Glenwood MLS

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 $11,755 $148,420 $2,980 $145,440
2023 $11,500 $148,420 $2,980 $145,440
2022 $8,751 $110,040 $6,920 $103,120
2021 $8,447 $113,200 $7,110 $106,090
2020 $10,461 $140,990 $7,110 $133,880
2019 $10,168 $140,990 $7,110 $133,880
2018 $10,405 $134,490 $6,320 $128,170
2017 $10,374 $134,490 $6,320 $128,170
2016 $9,570 $117,360 $6,519 $110,841
2015 $9,169 $117,360 $6,519 $110,841
2014 $7,306 $87,970 $5,803 $82,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 177169

Aspen Glenwood MLS

APN: 5124-20-127