$400,000
SOLD JUL 25, 2024
2 Beds
2 Baths
1,373 Sq Ft
$632/mo HOA Fee

Recently Sold

$291 Per Sq Ft

20% Below List Price

115 Days on Market

Highlights

  • Fitness Center
  • 24-Hour Security
  • Contemporary Architecture
  • Morey Middle School Rated A-
  • Open Floorplan
  • Community Pool

About This Home

As of February 2025

Live in one of the most exclusive buildings in Capitol Hill, 18 story Penn Square. This 1300+ square foot condo has 2 bedrooms with 2 baths and has an open and functional floor plan that lives large. The primary bedroom has its own full bath and both bedrooms have walk-in closets and modified bay windows. The large windows and ceiling to floor glass door and windows to the balcony spread natural light throughout the entire area. Some of the amenities include 24 hour front desk service, extensive work out area, ground level swimming pool with access to an indoor an entertainment area, barbecue and outdoor entertainment area. The rooftop has an indoor and 360 degree outdoor entertainment area with breathtaking views of the city as well as the Rocky Mountains from Pike Peak to the northern middle range. This condo has a deeded use of one underground parking space conveniently located between the garage entry and the elevator. Additional parking space on the ground level can be rented for $60/mo or $55/mo for 6 months. There are laundry facilities and trash shoots on every floor. The monthly HOA fee covers everything except electricity. There is a one bedroom guest suite available for rent which is currently $85/ night or $75/ night if staying more than 2 nights with a maximum stay of 5 nights. A complete building new cooling system is in the final stages of installation. This property has been priced with needed updating taken into consideration although it is move in ready. This is an opportunity to live in a luxurious building in the heart of Capitol Hill within close proximity to great restaurants, top entertainment centers and cozy coffee shops to name a few.

Last Agent to Sell the Property

Carol Sandstead

Legacy 100 Real Estate Partners LLC Brokerage Email: carol.sandstead@gmail.com,303-949-5950 License #00608095 Listed on: 03/15/2024

Co-Listed By

Jessica Griffith

Legacy 100 Real Estate Partners LLC Brokerage Email: carol.sandstead@gmail.com,303-949-5950 License #100078627

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1967

Lot Details

  • Two or More Common Walls
  • Northeast Facing Home

HOA Fees

  • $632 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Lighted Parking
  • Secured Garage or Parking

Home Design

  • Contemporary Architecture
  • Frame Construction

Interior Spaces

  • 1,373 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bay Window
  • Entrance Foyer

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Tile 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

  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Seller personal property and real estate marketing materials
  • Property held in a trust
  • Assessor Parcel Number 5031-20-028

Community Details

Overview

  • Association fees include gas, heat, insurance, ground maintenance, maintenance structure, security, sewer, snow removal, trash, water
  • Lcm Association, Phone Number (303) 221-1117
  • High-Rise Condominium
  • Penn Square Condos Community
  • Capitol Hill Subdivision
  • Community Parking

Amenities

  • Coin Laundry
  • Elevator

Recreation

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,079

Year Built

Built in 1967

Lot Details

0

HOA Fees

$632 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Penn Square Condos
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 1373
  • Entry Location: Corridor Access
  • Exclusions: Seller personal property and real estate marketing materials
  • Living Area: 1373
  • Directions: From 6th Ave and Kipling. Take 6th Ave east to Logan St. Turn left on Logan St. Take Logan St to 12th Ave. Turn right onto 12th Ave. The building is on the southeast corner of Pennsylvania and 12th Ave. Park in the visitor parking.
  • SubdivisionName: Capitol Hill
  • Co List Office Mls Id: RECLP100
  • Co List Office Phone: 303-232-4444
  • 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: 0.80160
  • Attribution Contact: carol.sandstead@gmail.com,303-949-5950
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Entrance Foyer, No Stairs, Open Floorplan, Smoke Free, Tile Counters, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Bay Window(s)

Exterior Features

  • Direction Faces: Northeast
  • Roof: Other
  • Construction Materials: Frame
  • Exterior Features: Balcony
  • Patio and Porch Features: Covered, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Lighted, Underground
  • Attached Garage: No
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: 24 Hour Security, Key Card Entry, Secured Garage/Parking, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: LCM
  • Association Fee Frequency: Monthly
  • Association Amenities: Coin Laundry, Elevator(s), Fitness Center, Front Desk, 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

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5031-20-028
  • Building Area Total: 1373

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2079

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Feb 3, 2025
Sold by
Allen Douglas P
Bought by
Ali Samantha
Seller's Agent
Karissa McCoy
LIVE Real Estate
Buyer's Agent
Kelly Mehta
Guide Real Estate
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Views
18
Current Estimated Value
$434,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,972
Avg. Annual Appreciation
4.23%

Purchase Details

Listed on
Mar 15, 2024
Closed on
Jul 24, 2024
Sold by
Douglas P Allen Trust and Hayes Teri
Bought by
Allen Douglas P
Seller's Agent
Carol Sandstead
Legacy 100 Real Estate Partners LLC
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Nov 5, 2021
Sold by
Allen Douglas P
Bought by
Trust-2021 Douglas P Allen
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Deed $400,000 None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $134,000 Unknown
Previous Owner $100,750 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Sold $425,000 -0.9% $310 / Sq Ft
01/22/2025 01/22/25 For Sale $429,000 +7.3% $312 / Sq Ft
07/25/2024 07/25/24 Sold $400,000 -7.0% $291 / Sq Ft
04/24/2024 04/24/24 Price Changed $429,900 -13.8% $313 / Sq Ft
03/15/2024 03/15/24 For Sale $499,000 -- $363 / 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 $2,187 $27,610 $1,570 $26,040
2023 $2,139 $27,610 $1,570 $26,040
2022 $2,079 $26,140 $1,630 $24,510
2021 $2,006 $26,890 $1,680 $25,210
2020 $2,079 $28,020 $1,570 $26,450
2019 $2,021 $28,020 $1,570 $26,450
2018 $1,947 $25,160 $1,480 $23,680
2017 $1,941 $25,160 $1,480 $23,680
2016 $1,979 $24,270 $1,520 $22,750
2015 $1,896 $24,270 $1,520 $22,750
2014 $1,534 $18,470 $1,083 $17,387
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3563473

REcolorado®

APN: 5031-20-028