$367,000
SOLD AUG 9, 2024

5255 Memphis St Unit 1120 Denver, CO 80239

Gateway Neighborhood
2 Beds
2 Baths
1,144 Sq Ft
$330/mo HOA Fee

Recently Sold

$321 Per Sq Ft

3% Below List Price

16 Days on Market

Highlights

  • Fitness Center
  • Located in a master-planned community
  • Open Floorplan
  • No Units Above
  • Primary Bedroom Suite
  • Mountain View

About This Home

As of August 2024

Fully renovated with high end features that create a space unlike any in the community, this unit is a MUST SEE! Every surface has been touched! Ascending the stairs to the main level, the room has been opened up to create one large cohesive kitchen, dining and living area. Custom touches are immediately evident: cascading quartz waterfall countertops, wide plank LVP flooring, in-ceiling lighting, a neutral paint palette, and an electric fireplace focal point, whose mantel houses a TV lift system that provides convenience and conspicuousness at the same time. The covered balcony on this level is the perfect spot to enjoy your favorite beverage or book. New carpet graces the stairs heading to the upper level, where a completely renovated secondary bath awaits with smart mirror, new tile surround, washer/dryer hookups, and a digitally controlled water temperature system in the shower, ensuring the right temp, every time. The primary suite is just down the hall, a true retreat with its airy vaulted ceilings and treehouse-like feel. New glass barn doors separate the bedroom from the custom walk in closet and luxurious primary bath, adorned with a dual sink vanity, gorgeous tile surround, backlit mirror, and stylish black fixtures. A secondary bedroom and double-door hallway closet complete the upstairs. A deeded one-car detached garage and additional spot (#1120) make parking a breeze, and the clubhouse, fitness center, and pool are just steps away. With easy access to Downtown Denver, Denver International Airport, E-470, I-70, and two large RTD Stations, don’t let this turnkey, move-in ready, fully renovated, captivating unit pass you by! ***** This property qualifies for a $5,000 Key Community Grant and possible No Downpayment / No PMI option through Key Bank! Ask Listing Agent or call Jaime Schmidt at Key Bank at 720-217-8002 for more details! *****

Last Agent to Sell the Property

Megan Lopez

Thrive Real Estate Group Brokerage Email: megan@thrivedenver.com,720-734-7099 License #100083637

Thrive Real Estate Group

Last Buyer's Agent

Nancy Barron

Century 21 Prosperity License #100099081

Century 21 Prosperity

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Lighted Parking
  • Dry Walled Garage
  • Driveway

Home Design

  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Mountain Views
  • Laundry in unit

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Smart Appliances
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

  • Smart Locks
  • Smart Thermostat

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lena Archuleta Elementary School
  • Dsst: Green Valley Ranch Middle School
  • Dsst: Green Valley Ranch High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Property held in a trust
  • Assessor Parcel Number 174-04-221

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, recycling, road maintenance, security, sewer, snow removal, trash, water
  • Trails At Parkfield Lake Goodwin & Company Association, Phone Number (303) 693-2118
  • Trails At Parkfield Lake Subdivision
  • Located in a master-planned community
  • Community Parking

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,479

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Levels: Two
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1144
  • Exclusions: Seller's personal property.
  • Living Area: 1144
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Property Condition: Updated/Remodeled
  • Directions: GPS will easily get you to the complex's entrance via Memphis Street. Once you enter the complex, park in the Clubhouse parking spaces straight ahead. Unit is just to the left of the clubhouse.
  • SubdivisionName: Trails at Parkfield Lake
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 0.96604
  • Attribution Contact: megan@thrivedenver.com,720-734-7099
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Smart Appliances
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Electric, Living Room
  • Full Bathrooms: 1
  • Common Walls: No One Above, 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Cement Siding, Frame, Rock
  • View: Mountain(s)
  • Exterior Features: Balcony, Lighting, Rain Gutters
  • Patio and Porch Features: Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Asphalt, Concrete, Dry Walled, Lighted
  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 2
  • REC_ParkingCount: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: Trails at Parkfield Lake - Goodwin & Company
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Park, Parking, Pool, Security, Spa/Hot Tub, Storage, Trail(s)
  • Association Fee: 330
  • Phone: 303-693-2118
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3960.00
  • REC_AssociationFeeTotalAnnual: 3960.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: https://www.trailsatparkfieldlake.com

Schools

  • Middle Or Junior School: DSST: Green Valley Ranch

Lot Info

  • Parcel Number: 174-04-221
  • Building Area Total: 1144
  • Lot Features: Landscaped, Master Planned

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1479

MLS Schools

  • Elementary School: Lena Archuleta
  • High School: DSST: Green Valley Ranch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 5, 2024
Sold by
Tpl 1120 Llc
Bought by
Patel Nayna and Patel Bhumika
Seller's Agent
Megan Lopez
Thrive Real Estate Group
Buyer's Agent
Nancy Barron
Century 21 Prosperity
List Price
$379,900
Sold Price
$367,000
Premium/Discount to List
-$12,900
-3.4%
Total Days on Market
16
Views
17
Current Estimated Value
$356,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,015
Avg. Annual Appreciation
-3.40%
Original Mortgage
$270,000
Outstanding Balance
$268,143
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$88,842

Purchase Details

Closed on
Dec 9, 2014
Sold by
Sherman Frederick L
Bought by
Tpl 1120 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Memphis Street Llc
Bought by
Sherman Frederick L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,655
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Map

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $367,000 None Listed On Document
Warranty Deed $155,000 Homestead Title & Escrow
Warranty Deed $168,319 North Amer Title Co Of Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Previous Owner $186,700 New Conventional
Previous Owner $116,250 New Conventional
Previous Owner $134,655 Purchase Money Mortgage
Previous Owner $33,663 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $367,000 -3.4% $321 / Sq Ft
06/28/2024 06/28/24 For Sale $379,900 -- $332 / Sq Ft
Source: REcolorado®

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 $1,512 $19,090 $1,630 $17,460
2023 $1,479 $19,090 $1,630 $17,460
2022 $1,377 $17,310 $1,360 $15,950
2021 $1,328 $17,800 $1,390 $16,410
2020 $1,178 $15,880 $1,770 $14,110
2019 $1,145 $15,880 $1,770 $14,110
2018 $1,070 $13,830 $820 $13,010
2017 $1,067 $13,830 $820 $13,010
2016 $727 $8,910 $772 $8,138
2015 $696 $8,910 $772 $8,138
2014 $427 $5,140 $1,313 $3,827
Source: Public Records

Source: REcolorado®

MLS Number: 5023619

REcolorado®

APN: 0174-04-221