Seller's Agent in 2023
Megan Quinn
Compass - Denver
(303) 437-1182
2 in this area
53 Total Sales
Penn Square Condominiums 550 E 12th Ave Unit 1007 Denver, CO 80203
Capitol Hill NeighborhoodEstimated Value: $452,000 - $523,000
2
Beds
2
Baths
1,373
Sq Ft
$544/ mo
HOA Fee
Highlights
- Fitness Center
- Outdoor Pool
- City View
- Morey Middle School Rated A
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of September 2023Welcome to Penn Square, one of the best maintained, amenity rich buildings in Denver. This immaculately updated 2 bedroom/2 bath condo boasts SPECTACULAR mountain views, new wood floors, fresh designer paint, floor to ceiling plantation shutters, huge wine fridge, and covered balcony. The master bedroom has a large walk-in closet and en-suite double vanity bathroom with floating counters. The owners (since 2012) love that this unit is light filled all day - great morning light and fantastic western views. This home has been remodeled to create a great room feel, fantastic for entertaining with open updated kitchen and eating bar. There are washer/dryer hookups in the unit, but the community laundry is right next door and always available. There is one huge parking space that is deeded with the unit and additional parking spaces are available to lease for $60/month. The sellers have prepaid for one of these spaces for the next year for use. The building is located in a beautiful tree-lined area of Cap Hill, at 12th & Pennsylvania, near the Governor's Mansion. Public transportation is right out the front door. Walk score of 93 and bike score of 99 - walking/biking distance to restaurants, coffee shops, grocery store, Cheesman Park, Botanical Gardens, museum district, bike trail, and downtown Denver. This is a secure building with amazing amenities including a beautifully maintained outdoor pool and garden, community grills, huge fitness center, rooftop entertaining lounge with a gorgeous water feature (best place in Denver to watch fireworks!), ground floor entertaining lounge, plenty of guest parking - a must in Cap Hill, and rentable 1 bd/1ba guest suite on the main floor of the building. It can be rented for $85 for a single night or $75/night for 2+nights, fantastic for visitors. This is a turn-key purchase, great for buyers who want to feel secure while traveling or working out of town. Walk the 3D tour here: https://my.matterport.com/show/?m=SeB72qdmrLZ&
Last Agent to Sell the Property
Compass - Denver License #100006015 Listed on: 08/10/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,477
Year Built
- Built in 1967 | Remodeled
Lot Details
- 1 Common Wall
- Southwest Facing Home
- Garden
HOA Fees
- $544 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Secured Garage or Parking
Property Views
- Mountain
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Concrete Block And Stucco Construction
Interior Spaces
- 1,373 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished or left unfurnished upon request
- Entrance Foyer
Kitchen
- Eat-In Kitchen
- Oven
- Microwave
- Dishwasher
- Wine Cooler
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Outdoor Features
- Outdoor Pool
- Covered Patio or Porch
- Outdoor Water Feature
- Outdoor Gas Grill
Schools
- Dora Moore Elementary School
- Morey Middle School
- East High School
Utilities
- Central Air
- Baseboard Heating
- 220 Volts
- 110 Volts
- Phone Available
- Cable TV Available
Additional Features
- Smoke Free Home
- Property is near public transit
Listing and Financial Details
- Exclusions: All furnishings are negotiable.
- Assessor Parcel Number 5031-20-111
Community Details
Overview
- Association fees include reserves, heat, insurance, ground maintenance, maintenance structure, recycling, security, sewer, snow removal, trash, water
- Lcm Property Management Association, Phone Number (303) 221-1117
- High-Rise Condominium
- Penn Square Condos Subdivision
- Community Parking
Amenities
- Community Garden
- Clubhouse
- Coin Laundry
- Bike Room
- Elevator
Recreation
Security
- Security Service
- Front Desk in Lobby
- Resident Manager or Management On Site
- Card or Code Access
- Carbon Monoxide Detectors
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 8, 2024
Sold by
Bmn Assets Llc
Bought by
550 E 12Th Ave 1007 Llc
Current Estimated Value
Purchase Details
Listed on
Aug 10, 2023
Closed on
Sep 8, 2023
Sold by
Capilupi Justin and Capilupi Catherine
Bought by
Bmn Assets Llc
Seller's Agent
Megan Quinn
Compass - Denver
Buyer's Agent
Zack Spencer
LIV Sotheby's International Realty
List Price
$550,000
Sold Price
$548,500
Premium/Discount to List
-$1,500
-0.27%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.37%
Purchase Details
Closed on
Aug 24, 2020
Sold by
Capilupi Justin
Bought by
Capilupi Justin and Capilupi Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2012
Sold by
Martinez Guillermo
Bought by
Capilupi Justin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2011
Sold by
Thiel John
Bought by
Martinez Guillermo
Purchase Details
Closed on
May 6, 2008
Sold by
Martinez Guillermo
Bought by
Martinez Guillermo and Thiel John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 1997
Sold by
Ferguson Donald L
Bought by
Martinez Guillermo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
7.22%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 550 E 12Th Ave 1007 Llc | -- | None Listed On Document | |
| Bmn Assets Llc | $548,500 | Fitco | |
| Capilupi Justin | -- | Colorado Escrow & Title | |
| Capilupi Justin | $237,000 | First American | |
| Martinez Guillermo | -- | None Available | |
| Martinez Guillermo | -- | First American Title | |
| Martinez Guillermo | $166,000 | Title America |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Capilupi Justin | $386,250 | |
| Previous Owner | Capilupi Justin | $189,600 | |
| Previous Owner | Martinez Guillermo | $548,000 | |
| Previous Owner | Martinez Guillermo | $132,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $548,500 | -0.3% | $399 / Sq Ft |
| 08/10/2023 08/10/23 | For Sale | $550,000 | -- | $401 / 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 |
|---|---|---|---|---|
| 2025 | $2,496 | $36,110 | $2,310 | $2,310 |
| 2024 | $2,496 | $31,510 | $1,570 | $29,940 |
| 2023 | $2,442 | $31,510 | $1,570 | $29,940 |
| 2022 | $2,477 | $31,150 | $1,630 | $29,520 |
| 2021 | $2,392 | $32,050 | $1,680 | $30,370 |
| 2020 | $2,352 | $31,700 | $1,570 | $30,130 |
| 2019 | $2,286 | $31,700 | $1,570 | $30,130 |
| 2018 | $2,230 | $28,830 | $1,480 | $27,350 |
| 2017 | $2,224 | $28,830 | $1,480 | $27,350 |
| 2016 | $2,312 | $28,350 | $1,520 | $26,830 |
| 2015 | $2,215 | $28,350 | $1,520 | $26,830 |
| 2014 | $1,672 | $20,130 | $1,083 | $19,047 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Quinn
-
Zack Spencer
Buyer's Agent in 2023
Zack Spencer
LIV Sotheby's International Realty
(480) 980-2926
3 in this area
79 Total Sales
About Penn Square Condominiums
Map
Source: REcolorado®
MLS Number: 3424277
APN: 5031-20-111
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Based on information submitted to the MLS GRID
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