$245,000
$13K PRICE DROP

5255 Memphis St Unit 702 Denver, CO 80239

Gateway Neighborhood

Estimated payment $1,814/month

Total Views 6,214
2 Beds
1.5 Baths
925 Sq Ft
$265 Price per Sq Ft

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Clubhouse
  • Pool
  • 15 Acre Lot
  • Contemporary Architecture

About This Home

This unit comes with something most listings can't offer right now: an assumable FHA loan at 4%. That's a real number, not a teaser rate, and it transfers to a qualified buyer who plans to live here — a meaningful edge in this rate environment. Buyer is subject to lender approval and qualification requirements.

Ground-floor 2-bedroom, 2-bath condo in northeast Denver's Trails at Parkfield Lake community. 925 square feet that lives larger than it measures. Hard surface floors throughout — no carpet to replace or clean. The primary bedroom fits a king with room to spare. The second bedroom is non-conforming, working equally well as an office, guest room, or creative space. In-unit washer and dryer. One assigned parking space.

Location holds its own. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth, and the VA are all an easy commute southwest — matters if you work at any of them. Outside, Parkfield Lake Park is right there: walking paths and open space in a location that feels residential despite how connected it is. Community pool. Dining and shopping along Peña and Tower Road cover the day-to-day.

Strong fit for a first-time buyer looking for a smart entry point, a healthcare worker, or a frequent traveler who wants this location and a payment most buyers can't touch right now.

Listing Agent

Brian Trampler

Corcoran Perry & Co. Brokerage Email: btrampler@corcoranperry.com,303-638-1633 License #100107403 Listed on: 04/09/2026

Corcoran Perry & Co.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,242

Year Built

  • Built in 2002

Lot Details

  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 925 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Smart Doorbell
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway

Accessible Home Design

  • Accessible Approach with Ramp

Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • Lena Archuleta Elementary School
  • Dr. Martin Luther King Middle School
  • Kipp Denver Collegiate High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 174-04-029

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • Trails At Parkfield Lake Association, Phone Number (855) 289-6007
  • Low-Rise Community
  • Trails At Parkfield Lake Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,242

Year Built

Built in 2002

Lot Details

15 Acres

HOA Fees

$364 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: Three Or More
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 925
  • Accessibility Features: Accessible Approach with Ramp
  • Entry Location: Exterior Access
  • Exclusions: None
  • Living Area: 925
  • Pets Allowed: Yes
  • SubdivisionName: Trails at Parkfield Lake
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2026-04-09
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Ceiling Fan(s), No Stairs, Pantry, Primary Suite
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • Direction Faces: South
  • Roof: Composition
  • Construction Materials: Frame
  • Exterior Features: Balcony
  • Patio and Porch Features: Covered
  • Pool Features: Outdoor Pool
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Association Name: Trails at Parkfield Lake
  • Association Fee Frequency: Monthly
  • Association Amenities: Clubhouse, Fitness Center, Pool, Trail(s)
  • Association Fee: 364
  • Phone: 855-289-6007
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4368.00
  • REC_AssociationFeeTotalAnnual: 4368.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: https://cdtpl.sites.townsq.io/1
  • REC_AssociationTransferAmount: $340.00

Schools

  • Middle Or Junior School: Dr. Martin Luther King

Lot Info

  • Parcel Number: 174-04-029
  • Lot Size Acres: 15
  • Fencing: None
  • Building Area Total: 925
  • Lot Size Sq Ft: 653400

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1242

MLS Schools

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

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,538 $20,110 $2,440 $2,440
2024 $1,242 $15,680 $1,630 $14,050
2023 $1,215 $15,680 $1,630 $14,050
2022 $1,191 $14,980 $1,360 $13,620
2021 $1,149 $15,400 $1,390 $14,010
2020 $1,002 $13,510 $1,770 $11,740
2019 $974 $13,510 $1,770 $11,740
2018 $836 $10,800 $820 $9,980
2017 $833 $10,800 $820 $9,980
2016 $497 $6,090 $772 $5,318
2015 $476 $6,090 $772 $5,318
2014 $370 $4,450 $1,313 $3,137
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2026 08/18/26 Price Changed $245,000 -3.2% $265 / Sq Ft
06/02/2026 06/02/26 Price Changed $253,000 -1.7% $274 / Sq Ft
04/09/2026 04/09/26 For Sale $257,500 +15.5% $278 / Sq Ft
11/08/2020 11/08/20 Off Market $223,000 -- --
08/06/2020 08/06/20 Sold $223,000 0.0% $241 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $223,000 0.0% $241 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $223,000 -- $241 / Sq Ft
Source: REcolorado®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $223,000 None Available
Warranty Deed $218,000 First Integrity Title
Warranty Deed $165,000 Land Title Guarantee
Warranty Deed $130,500 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $218,960 FHA
Previous Owner $76,000 New Conventional
Previous Owner $160,050 New Conventional
Previous Owner $113,190 FHA
Previous Owner $126,585 FHA
Source: Public Records

Source: REcolorado®

MLS Number: 3320928

REcolorado®

APN: 0174-04-029

Your Personal Tour Guide

Ask me questions while you tour the home.