Penn Square Condominiums 550 E 12th Ave Unit 401 Floor 4 Denver, CO 80203
Capitol Hill NeighborhoodEstimated payment $2,383/month
Highlights
- Fitness Center
- Private Pool
- Open Floorplan
- Morey Middle School Rated A
- 1.18 Acre Lot
- Elevator
About This Home
INVESTOR OPPORTUNITY with built-in income potential. Property is currently tenant occupied, offering immediate rental income at $1600/mo for a buyer looking to expand their portfolio or secure a future primary residence with income in place. Spacious and updated 1-bedroom condo in the heart of Capitol Hill. This light-filled home features an open floor plan with a generous living area, dining space, and a large private balcony perfect for relaxing or entertaining. The oversized bedroom provides ample space and comfort, while the bathroom and kitchen offer both functionality and style. Residents enjoy a well-maintained building with top amenities including an outdoor pool, fitness center, and a rooftop event space with stunning city views. Just steps away from restaurants, shops, and parks, this condo offers the best of urban living.
Listing Agent
LIV Sotheby's International Realty Brokerage Email: rkimbriel@livsothebysrealty.com,321-278-7155 License #100106250 Listed on: 11/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,586
Year Built
- Built in 1967 | Remodeled
HOA Fees
- $549 Monthly HOA Fees
Parking
- 1 Car Garage
Home Design
- Entry on the 4th floor
- Brick Exterior Construction
- Slab Foundation
- Rolled or Hot Mop Roof
Interior Spaces
- 874 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Double Pane Windows
- Window Treatments
- Family Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Oven
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Home Security
Outdoor Features
- Private Pool
Schools
- Dora Moore Elementary School
- Morey Middle School
- East High School
Utilities
- Central Air
- Baseboard Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Smoke Free Home
- Two or More Common Walls
Listing and Financial Details
- Exclusions: Personal Property and/or Staging Items.
- Property held in a trust
- Assessor Parcel Number 5031-20-045
Community Details
Overview
- Association fees include heat, insurance, ground maintenance, maintenance structure, sewer, snow removal, water
- Weststar Association, Phone Number (720) 880-2911
- High-Rise Community
- Penn Square Community
- Capitol Hill Subdivision
Amenities
- Laundry Facilities
- Elevator
Recreation
Pet Policy
- Limit on the number of pets
Security
- Controlled Access
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
About Penn Square Condominiums
Home Values in the Area
Average Home Value in this Area
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 | $1,586 | $25,000 | $1,870 | $1,870 |
| 2024 | $1,586 | $20,020 | $1,280 | $18,740 |
| 2023 | $1,551 | $20,020 | $1,280 | $18,740 |
| 2022 | $1,602 | $20,140 | $1,330 | $18,810 |
| 2021 | $1,547 | $20,730 | $1,370 | $19,360 |
| 2020 | $1,546 | $20,840 | $1,280 | $19,560 |
| 2019 | $1,503 | $20,840 | $1,280 | $19,560 |
| 2018 | $1,319 | $17,050 | $1,200 | $15,850 |
| 2017 | $1,315 | $17,050 | $1,200 | $15,850 |
| 2016 | $1,266 | $15,520 | $1,234 | $14,286 |
| 2015 | $1,213 | $15,520 | $1,234 | $14,286 |
| 2014 | $1,071 | $12,900 | $876 | $12,024 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | Price Changed | $319,000 | -5.9% | $365 / Sq Ft |
| 01/21/2026 01/21/26 | Price Changed | $339,000 | -2.9% | $388 / Sq Ft |
| 01/05/2026 01/05/26 | Price Changed | $349,000 | -4.4% | $399 / Sq Ft |
| 11/25/2025 11/25/25 | For Sale | $365,000 | -- | $418 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | Placer Title | |
| Quit Claim Deed | -- | Land Title Guarantee | |
| Warranty Deed | $300,000 | Land Title Guarantee | |
| Warranty Deed | $179,600 | Guardian Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $247,000 | New Conventional | |
| Previous Owner | $240,000 | New Conventional | |
| Previous Owner | $161,640 | New Conventional |
Source: REcolorado®
MLS Number: 7873007
APN: 5031-20-045
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