$320,000
$8K PRICE DROP

5255 Memphis St Unit 1023 Denver, CO 80239

Gateway Neighborhood

Estimated payment $2,163/month

Total Views 2,337
2 Beds
2 Baths
1,026 Sq Ft
$312 Price per Sq Ft

Highlights

  • Fitness Center
  • No Units Above
  • Open Floorplan
  • Outdoor Pool
  • Primary Bedroom Suite
  • Clubhouse

About This Home

Sellers are offering to pre-pay several months of HOA dues for the new owners at closing!

Don’t miss this spacious and well-maintained 2-bedroom, 2-bath condo in the highly desirable Trails at Parkfield Lake. This bright second-floor unit features an open layout, vaulted ceilings, a cozy gas fireplace and numerous updates including a new roof, appliances, refreshed bathrooms and interior paint.

The galley kitchen offers oak cabinetry, a pantry, tile backsplash, and track lighting, while each generously sized bedroom includes a full bath—perfect for guests, roommates, or a home office. The private primary suite highlights vaulted ceilings, dual closets, an ensuite bath, and tasteful upgrades.

Relax on your private balcony with storage or take advantage of the community amenities, including just down the hall from your front door is a resort-style pool, clubhouse, fitness center and recreation room. Parkfield Lake Park is just steps away, offering trails, sports fields, courts and a dog park.

Additional highlights include in-unit laundry with washer and dryer, plus two deeded parking spaces conveniently located in front of the stairs to the unit. Close proximity to DIA, Costco, light rail, shopping, and dining, this home offers the perfect blend of comfort, convenience, and lifestyle.

Listing Agent

Nate Jarvis

Keller Williams DTC Brokerage Email: nate@communityventuresplus.net,720-785-4229 License #100072252 Listed on: 08/08/2025

Keller Williams DTC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • North Facing Home

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Smart Doorbell
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Smart Thermostat

Kitchen

  • Oven
  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lena Archuleta Elementary School
  • Strive Gvr Middle School
  • Kipp Denver Collegiate High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Seller's personal Property, 2 light sconces in Primary Bedroom, Bookcases in 2nd Bedroom
  • Assessor Parcel Number 174-04-025

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • Goodwin And Company Association, Phone Number (303) 693-2118
  • Low-Rise Condominium
  • Trails At Parkfield Lake Condos Community
  • Parkfield Filing 11 Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,358

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Building Name: TRAILS AT PARKFIELD LAKE CONDOS
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1026
  • Entry Location: Exterior Access
  • Exclusions: Seller's personal Property, 2 light sconces in Primary Bedroom, Bookcases in 2nd Bedroom
  • Living Area: 1026
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Directions: From North Pena Blvd, take the Green Valley Ranch Blvd and turn left, just past Maverick turn right on Memphis St, about a 1/4 mile, turn left into the community, take first right, then first left to get to building 10. Park by stairs and unit is at the top of stairs on right.
  • SubdivisionName: Parkfield Filing 11
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2025-08-08
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Attribution Contact: nate@communityventuresplus.net,720-785-4229
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Full Bathrooms: 2
  • Common Walls: No One Above, 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: North
  • Roof: Composition
  • Construction Materials: Frame, Stone
  • Exterior Features: Balcony, Rain Gutters
  • Patio and Porch Features: Covered
  • Pool Features: Outdoor Pool
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Association Name: Goodwin and Company
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub
  • Association Fee: 360
  • Phone: (303) 693-2118
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4320.00
  • REC_AssociationFeeTotalAnnual: 4320.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://goodwin-co.com/hoa-management-colorado/

Schools

  • Middle Or Junior School: Strive GVR

Lot Info

  • Parcel Number: 174-04-025
  • Building Area Total: 1026
  • Lot Features: Near Public Transit

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1358

MLS Schools

  • Elementary School: Lena Archuleta
  • High School: KIPP Denver Collegiate High School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,358 $17,150 $1,630 $15,520
2023 $1,329 $17,150 $1,630 $15,520
2022 $1,271 $15,980 $1,360 $14,620
2021 $1,271 $16,430 $1,390 $15,040
2020 $1,068 $14,400 $1,770 $12,630
2019 $1,038 $14,400 $1,770 $12,630
2018 $951 $12,290 $820 $11,470
2017 $948 $12,290 $820 $11,470
2016 $641 $7,860 $772 $7,088
2015 $614 $7,860 $772 $7,088
2014 $421 $5,070 $1,313 $3,757
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Price Changed $320,000 -2.4% $312 / Sq Ft
08/08/2025 08/08/25 For Sale $328,000 -- $320 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $237,000 Chicago Title Co
Warranty Deed $162,000 Heritage Title Co
Special Warranty Deed $66,000 Ats
Trustee Deed -- None Available
Special Warranty Deed -- None Available
Warranty Deed $148,309 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $229,890 New Conventional
Previous Owner $145,800 New Conventional
Previous Owner $67,053 FHA
Previous Owner $144,082 FHA
Source: Public Records

Source: REcolorado®

MLS Number: 7947185

REcolorado®

APN: 0174-04-025