NOT LISTED FOR SALE

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

Capitol Hill Neighborhood

Estimated Value: $477,620 - $487,000

2 Beds
2 Baths
1,373 Sq Ft
348 Sq Ft Lot

Sale Details

Date Sold: May 20, 2024

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

Est. 3% decrease in value since last sale

Current estimated payment $3,463 / mo

63 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • City View
  • Morey Middle School Rated A
  • 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

Pool

Outdoor Features

  • Patio
  • Outdoor Water Feature
  • Fire Pit

Schools

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

Utilities

  • Central Air
  • Baseboard Heating
  • Hot Water Heating System
  • 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 Community
  • 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

348 Sq Ft Lot

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_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.91725
  • 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

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_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

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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
May 20, 2024
Sold by
Bought by
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
$484,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,745
Avg. Annual Appreciation
-1.51%
Original Mortgage
$399,900
Outstanding Balance
$392,728
Interest Rate
6.82%
Mortgage Type
VA
Estimated Equity
$91,427

Purchase Details

Closed on
Jun 28, 2023
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
$499,900 Guardian Title
$525,000 None Listed On Document
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 Borrower Loan Amount
Open $399,900
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
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 -- $397 / Sq Ft
Source: REcolorado®

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 $2,788 $36,450 $2,310 $2,310
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

    17 in this area

    50 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

    11 Total Sales

    Cassandra Hunt
    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

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