NOT LISTED FOR SALE

5255 Memphis St Unit 1107 Denver, CO 80239

Gateway Neighborhood

Estimated Value: $276,000 - $319,000

2 Beds
2 Baths
1,048 Sq Ft
$258/mo HOA Fee

Last Sold October 04, 2022

Last sale price $302,150 $288 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,050/month

14 Days on Market

Highlights

  • Fitness Center
  • Community Pool
  • 1-Story Property
  • Clubhouse
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of October 2022

Delightful main floor condo, no stairs and a covered patio with a view of the pool in The Trails at Parkfield Lake neighborhood. The layout is ideal for maximum privacy with each bedroom being on opposite ends. The primary bedroom has dual closets (one of which is a walk-in) and an ensuite bathroom with double sink vanity, built-in storage and a large soaking tub. The secondary bedroom has quick access to the secondary bathroom and could be used as space for a home office. NEW CARPET, NEW PAINT. Community offers pool, gym, and clubhouse. Enjoy many parks and trails this neighborhood offers. Easy commute to major highways and DIA. Welcome home to this fantastic condo! Buyer and /or Buyers Agent to verify measurements and ALL information within listing.

Last Agent to Sell the Property

Annette Avery

HomeSmart License #100066399 Listed on: 08/26/2022

HomeSmart

Co-Listed By

The Roberts Team

ERA New Age

Last Buyer's Agent

Kennen Cohen

Your Castle Real Estate Inc License #100032810

Your Castle Real Estate Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 2005

Lot Details

  • 2,309

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 1 Off-Street Space

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property

Kitchen

  • <<OvenToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Soar At Green Valley Ranch Elementary School
  • Mcglone Middle School
  • High Tech Ec

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 174-04-208

Community Details

Overview

  • Association fees include capital reserves, insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • Cherry Creek HOA Professionals On Behalf Of Trails Association, Phone Number (303) 693-2118
  • Visit Association Website
  • Low-Rise Condominium
  • Trails At Parkfield Lake Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Community Parking

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,222

Year Built

Built in 2005

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Above Grade Price per Sq Ft: 288.31
  • Finished Price per Sq Ft: 288.31
  • Total Price per Sq Ft: 288.31
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1048.00
  • Annual Association Fee: 3099.96
  • Entry Location: Ground
  • Living Area: 1048.00
  • Offstreet Spaces: 1
  • Pets Allowed: Cats OK, Dogs OK
  • Restrictions Covenants: Yes
  • SubdivisionName: TRAILS AT PARKFIELD LAKE
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: No Stairs
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Room Count: 7
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Patio and Porch Features: Patio

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Capital Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 3099.96
  • Association Name: Cherry Creek HOA Professionals on behalf of Trails
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Clubhouse, Fitness Center, Parking, Pool
  • Association Fee: 258.33
  • Phone: (303) 693-2118
  • Association Website: http://trailsatparkfieldlake.com/
  • Association: Yes

Schools

  • School District: Denver 1
  • Elementary School: SOAR at Green Valley Ranch
  • Middle School: McGlone
  • High School: High Tech EC
  • Middle Or Junior School: McGlone

Lot Info

  • Parcel Number: 174-04-208
  • Building Area Total: 1048.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1222.00

MLS Schools

  • Elementary School: SOAR at Green Valley Ranch
  • High School: High Tech EC

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 4, 2022
Sold by
Fuad Faraj And Sara Faraj 1991 Trust
Bought by
Vasquez Diana
Seller's Agent
Annette Avery
HomeSmart
Buyer's Agent
Kennen Cohen
Your Castle Real Estate Inc
List Price
$305,000
Sold Price
$302,150
Premium/Discount to List
-$2,850
-0.93%
Views
13
Current Estimated Value
$304,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,287
Avg. Annual Appreciation
-0.17%
Original Mortgage
$293,085
Outstanding Balance
$282,883
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$17,807

Purchase Details

Closed on
Feb 23, 2021
Sold by
Fuad Faraj And Sara Faraj 1991 Trust
Bought by
The Fuad Faraj And Sara Faraj 1991 Trust

Purchase Details

Closed on
Dec 12, 2018
Sold by
Faraj Sara and Faraj Fuad
Bought by
The Fuad Faraj & Sara Faraj 1991 Trust

Purchase Details

Closed on
Aug 7, 2007
Sold by
Faraj Fuad I and Faraj Sara O
Bought by
Faraj Fuad and Faraj Sara

Purchase Details

Closed on
Apr 26, 2006
Sold by
Memphis Street Llc
Bought by
Faraj Fuad I and Faraj Sara O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Vasquez Diana $302,150 --
The Fuad Faraj And Sara Faraj 1991 Trust -- None Available
The Fuad Faraj & Sara Faraj 1991 Trust -- None Available
Faraj Fuad -- None Available
Faraj Fuad I $158,000 North Amer Title Co Of Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Diana $293,085
Previous Owner Faraj Fuad I $126,400
Previous Owner Faraj Fuad I $15,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $302,150 -0.9% $288 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $305,000 0.0% $291 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $305,000 -- $291 / 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 $1,315 $16,600 $1,630 $14,970
2023 $1,286 $16,600 $1,630 $14,970
2022 $1,266 $15,920 $1,360 $14,560
2021 $1,222 $16,370 $1,390 $14,980
2020 $1,169 $15,760 $1,770 $13,990
2019 $1,137 $15,760 $1,770 $13,990
2018 $860 $11,110 $820 $10,290
2017 $857 $11,110 $820 $10,290
2016 $640 $7,850 $772 $7,078
2015 $613 $7,850 $772 $7,078
2014 $380 $4,580 $1,313 $3,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4227178

REcolorado®

APN: 0174-04-208