NOT LISTED FOR SALE

Penn Square Condominiums 550 E 12th Ave Unit 1604 Denver, CO 80203

Capitol Hill Neighborhood

Estimated Value: $456,000 - $527,000

2 Beds
2 Baths
1,373 Sq Ft
$632/mo HOA Fee

Last Sold May 20, 2024

Last sale price $499,900 $364 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,506/month

63 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • City View
  • Morey Middle School Rated A-
  • Outdoor Pool
  • Open Floorplan

About This Home

As of May 2024

STUNNING VIEWS * HIGH FLOOR * CITY LIVING * BRIGHT * SPACIOUS * LOTS OF UPDATES * ALL NEW LIGHTING! * WALL SPACE * DOWNTOWN AND MOUNTAIN VIEWS * HUGE CLOSETS * LOADS OF STORAGE * HEATED GARAGE PARKING * LOCATION! * CLOSE TO EVERYTHING! * AMENITIES! * 24-HOUR FRONT DOOR STAFF * ROOFTOP DECK * PARTY ROOM * GYM * OUTDOOR POOL * WELL-MANAGED BUILDING * SPECIAL FINANCING AVAILABLE! * SEE IT TODAY!

Last Agent to Sell the Property

Mike Kornelsen

Coldwell Banker Global Luxury Denver Brokerage Email: mike@kornelsen.com,303-918-8910 License #100069766 Listed on: 02/15/2024

Coldwell Banker Global Luxury Denver

Last Buyer's Agent

Cassandra Hunt

Banyan Real Estate LLC License #100079856

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,310

Year Built

  • Built in 1967

Lot Details

  • Two or More Common Walls
  • Northwest Facing Home
  • Garden

HOA Fees

  • $632 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,373 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Outdoor Pool
  • Patio
  • Outdoor Water Feature
  • Fire Pit

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • Central Air
  • Baseboard Heating
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller's Personal Property
  • Property held in a trust
  • Assessor Parcel Number 5031-20-157

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 Community
  • Capitol Hill Subdivision
  • Community Parking

Amenities

  • Community Garden
  • Clubhouse
  • Coin Laundry
  • Elevator
  • Bike Room

Recreation

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,310

Year Built

Built in 1967

Lot Details

0

HOA Fees

$632 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Penn Square Condos
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 1373
  • Exclusions: Seller's Personal Property
  • Living Area: 1373
  • Directions: Located on 12th Avenue between Pennsylvania and Logan Streets.
  • SubdivisionName: Capitol Hill
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.91725
  • Attribution Contact: mike@kornelsen.com,303-918-8910
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Interior Amenities: No Stairs, Open Floorplan, Smoke Free, Stainless Counters, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: Northwest
  • Roof: Other
  • Construction Materials: Brick
  • View: City, Mountain(s)
  • Exterior Features: Balcony, Elevator, Fire Pit, Garden, Water Feature
  • Patio and Porch Features: Patio
  • Pool Features: Outdoor Pool

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Hot Water
  • Water Source: Public
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Secured Garage/Parking

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: LCM Property Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Bike Storage, Clubhouse, Coin Laundry, Elevator(s), Fitness Center, Front Desk, Garden Area, Laundry, On Site Management, Parking, Pool, Security
  • Association Fee: 631.85
  • Phone: 303-221-1117
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 7582.20
  • REC_AssociationFeeTotalAnnual: 7582.20
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.lcmmanagement.com

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5031-20-157
  • Building Area Total: 1373

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2310

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 20, 2024
Sold by
Lynn A Hardcastle Trust and Bank Of America Na
Bought by
Whitwell Jonathan
Seller's Agent
Mike Kornelsen
Coldwell Banker Global Luxury Denver
Buyer's Agent
Cassandra Hunt
Banyan Real Estate LLC
List Price
$545,000
Sold Price
$499,900
Premium/Discount to List
-$45,100
-8.28%
Views
54
Current Estimated Value
$495,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,711
Avg. Annual Appreciation
-0.73%
Original Mortgage
$399,900
Outstanding Balance
$394,966
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$100,223

Purchase Details

Listed on
Mar 31, 2023
Closed on
Jun 28, 2023
Sold by
Ragon Lee R
Bought by
Lynn A Hardcastle Trust and Bank Of America Na
Seller's Agent
Eugene Roth
E. Roth and Co. LLC
Buyer's Agent
Mike Kornelsen
Coldwell Banker Global Luxury Denver
List Price
$529,900
Sold Price
$525,000
Premium/Discount to List
-$4,900
-0.92%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.30%
Source: Public Records

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 Buyer Sale Price Title Company
Whitwell Jonathan $499,900 Guardian Title
Lynn A Hardcastle Trust $525,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitwell Jonathan $399,900
Previous Owner Ragon Lee R $100,000
Previous Owner Ragon Lee R $28,000
Previous Owner Ragon Lee R $41,000
Previous Owner Ragon Lee R $28,000
Previous Owner Ragon Lee R $16,140
Previous Owner Ragon Lee R $13,514
Previous Owner Ragon Lee R $40,000
Previous Owner Ragon Lee R $19,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $499,900 0.0% $364 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $499,900 -4.8% $364 / Sq Ft
03/15/2024 03/15/24 Price Changed $525,000 -1.9% $382 / Sq Ft
02/29/2024 02/29/24 Price Changed $535,000 -1.8% $390 / Sq Ft
02/15/2024 02/15/24 For Sale $545,000 +3.8% $397 / Sq Ft
06/28/2023 06/28/23 Sold $525,000 -0.9% $382 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $529,900 -- $386 / 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 $2,362 $29,820 $1,570 $28,250
2023 $2,311 $29,820 $1,570 $28,250
2022 $2,017 $32,310 $1,630 $30,680
2021 $1,948 $33,250 $1,680 $31,570
2020 $1,849 $32,070 $1,570 $30,500
2019 $1,797 $32,070 $1,570 $30,500
2018 $1,741 $29,700 $1,480 $28,220
2017 $1,736 $29,700 $1,480 $28,220
2016 $1,510 $26,480 $1,520 $24,960
2015 $1,447 $26,480 $1,520 $24,960
2014 $990 $19,880 $1,083 $18,797
Source: Public Records

Agents Affiliated with this Home

  • Mike Kornelsen

    Seller's Agent in 2024

    Mike Kornelsen

    Coldwell Banker Global Luxury Denver

    (303) 918-8910

    18 in this area

    60 Total Sales

    Mike Kornelsen
    Section Image
  • Cassandra Hunt

    Buyer's Agent in 2024

    Cassandra Hunt

    Banyan Real Estate LLC

    (720) 272-0417

    1 in this area

    13 Total Sales

    Cassandra Hunt
    Section Image
  • Eugene Roth

    Seller's Agent in 2023

    Eugene Roth

    E. Roth and Co. LLC

    (303) 564-7684

    2 in this area

    15 Total Sales

    Eugene Roth
    Section Image
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About Penn Square Condominiums

Map

Source: REcolorado®

MLS Number: 5281395

REcolorado®

APN: 5031-20-157

Colorado Denver County Denver 80203 Capitol Hill

550 E 12th Ave Unit 1604, Denver, CO

This home is located at 550 E 12th Ave Unit 1604, Denver, CO 80203 since 15 February 2024 and is currently estimated at $495,189, approximately $360 per square foot. This property was built in 1967. 550 E 12th Ave Unit 1604 is a home located in Denver County with nearby schools including Dora Moore ECE-8 School, Morey Middle School, and East High School.

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