Seller's Agent in 2025
Steven Kinney
RE/MAX
(303) 475-8200
1 in this area
108 Total Sales
Penn Square Condominiums 550 E 12th Ave Unit 1005 Denver, CO 80203
Capitol Hill Neighborhood
1
Bed
1
Bath
797
Sq Ft
$532/mo
HOA Fee
Highlights
- Fitness Center
- 24-Hour Security
- City View
- Morey Middle School Rated A-
- Outdoor Pool
- Clubhouse
About This Home
As of September 2025Luxury living at quite a good price! Are you struggling to find a place to call home that fits your budget that ALSO has a healthy HOA, and a nice view & light?
This 10th-floor south-facing unit has wonderful mountain views & a perfect perspective to see the storms rolling in. Its extraordinary in the wintertime when the sun is low in the southern sky, adding excellent natural light onto the spacious balcony & into the living room & bedroom.
Penn Square is a great community. It’s common to pass smiling & happy people here who have lived in the building for decades & typical too to see neighbors who just bought their first place. It’s such a nice mix!!
This location, in the heart of Capitol Hill, is excellent. Its walkable to Whole Foods, Trader Joe’s & King Soopers, plus more than 40 cool restaurants & hangouts. Downtown is walkable or rollable from here – or easily accessible by bus too. It’s perfectly located, far enough from Colfax and 8th Ave that you’re well away from the traffic and noise – but still vibrant and gives great City vibes. Cheesman Park – one of the City’s absolute best parks, is an 11-minute walk or four minute ride.
This parking space is so big the seller comfortably parks two cars in it!
There is such pride of ownership in this building. The common spaces, the gym, pool areas, event space, laundry rooms (on each floor), rooftop deck, elevators & even the parking garages are squeaky clean.
The amenities include, but are not limited to: swimming pool, a rooftop deck with breathtaking 360-degree views (imagine 4th of July here), BBQ area/gazebo, gym, two spaces for events and more, package concierge & much more.
The HOA is strong. They’re not facing the mountain of catch-up projects as so many are. They’ve been well-managed for a very long time. Why would you want to buy into one that’s precariously smothered by a list of looming projects as so many are when you could be at Penn Square instead?
Last Agent to Sell the Property
RE/MAX Professionals Brokerage Email: steve@skinneyproperty.com,303-475-8200 License #040026535 Listed on: 07/23/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,540
Year Built
- Built in 1967 | Remodeled
Lot Details
- Two or More Common Walls
- South Facing Home
HOA Fees
- $532 Monthly HOA Fees
Parking
- 1 Car Garage
- Oversized Parking
- Heated Garage
- Lighted Parking
- Secured Garage or Parking
- Guest Parking
Property Views
Home Design
- Entry on the 10th floor
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 797 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Outdoor Features
- Outdoor Pool
- Deck
- Covered Patio or Porch
Schools
- Dora Moore Elementary School
- Morey Middle School
- East High School
Utilities
- Central Air
- Baseboard Heating
- 220 Volts
- Water Heater
Listing and Financial Details
- Exclusions: Staging furniture & seller's personal property.
- Assessor Parcel Number 5031-20-109
Community Details
Overview
- Association fees include reserves, heat, insurance, irrigation, ground maintenance, maintenance structure, on-site check in, recycling, security, sewer, snow removal, trash, water
- Lcm Property Management Association, Phone Number (303) 221-1117
- High-Rise Condominium
- Penn Square Community
- Capitol Hill / Cheesman Park Subdivision
- Community Parking
Amenities
- Community Garden
- Clubhouse
- Coin Laundry
- Elevator
- Community Storage Space
Recreation
Security
- 24-Hour Security
- Front Desk in Lobby
- Resident Manager or Management On Site
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 13, 2023
Sold by
Spallino Adrianna
Bought by
Adrianna Joan Spallino Family Trust
Purchase Details
Closed on
Sep 30, 2021
Sold by
Sweatman Elizabeth Mcnair and Clonts Elizabeth Mcnair
Bought by
Spallino Adrianna and Szejda Maxwell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,850
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 23, 2009
Sold by
Sweatman C Alden
Bought by
Sweatman Elizabeth Mcnair
Purchase Details
Closed on
Sep 20, 2007
Sold by
Sweatman Elizabeth C
Bought by
Sweatman Elizabeth C
Purchase Details
Closed on
Apr 6, 2004
Sold by
Hoyle Mark A
Bought by
Sweatman Elizabeth C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 25, 2003
Sold by
Reynolds William M
Bought by
Hoyle Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,520
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 20, 2000
Sold by
Loibl David G
Bought by
Reynolds William M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,300
Interest Rate
8.66%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Special Warranty Deed | $323,000 | Land Title Guarantee Company | |
| Special Warranty Deed | $164,000 | Land Title Guarantee Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $164,000 | Land Title Guarantee Company | |
| Warranty Deed | $156,900 | -- | |
| Warranty Deed | $142,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $306,850 | New Conventional | |
| Previous Owner | $86,000 | Purchase Money Mortgage | |
| Previous Owner | $125,520 | Purchase Money Mortgage | |
| Previous Owner | $116,600 | Unknown | |
| Previous Owner | $114,300 | No Value Available | |
| Previous Owner | $93,600 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Sold | $350,000 | 0.0% | $439 / Sq Ft |
| 08/05/2025 08/05/25 | Price Changed | $350,000 | -4.1% | $439 / Sq Ft |
| 07/23/2025 07/23/25 | For Sale | $365,000 | -- | $458 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $1,540 | $19,450 | $1,240 | $18,210 |
| 2023 | $1,507 | $19,450 | $1,240 | $18,210 |
| 2022 | $1,654 | $20,800 | $1,290 | $19,510 |
| 2021 | $1,654 | $21,390 | $1,320 | $20,070 |
| 2020 | $1,506 | $20,300 | $1,240 | $19,060 |
| 2019 | $1,464 | $20,300 | $1,240 | $19,060 |
| 2018 | $1,433 | $18,520 | $1,170 | $17,350 |
| 2017 | $1,429 | $18,520 | $1,170 | $17,350 |
| 2016 | $1,182 | $14,500 | $1,194 | $13,306 |
| 2015 | $1,133 | $14,500 | $1,194 | $13,306 |
| 2014 | $1,052 | $12,670 | $852 | $11,818 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Kinney
-
Virgil Aragon
Buyer's Agent in 2025
Virgil Aragon
Coldwell Banker Realty 18
(303) 507-8110
2 in this area
13 Total Sales
About Penn Square Condominiums
Map
Source: REcolorado®
MLS Number: 8804889
APN: 5031-20-109
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