$256,142
SOLD JUL 2, 2024
1 Bed
1 Bath
874 Sq Ft
$543/mo HOA Fee

Recently Sold

$293 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

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

About This Home

As of October 2024

Want to live in the heart of Denver, here is your chance! This 874 square foot condo has 1 bed and 1 bath with an open functional floor plan. The kitchen is open to the living room where you will find a wet bar with a sink and the sliding glass doors to the covered balcony. This property does need significant updating, so it is perfect for a fix and flip, updating to be rented out or updating for yourself. The building offers 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. 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 is an opportunity to live in Denver 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: 06/03/2024

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

Brianna Griffin

Madison & Company Properties License #100069348

Madison & Company Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1967

Lot Details

  • Two or More Common Walls

HOA Fees

  • $543 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Secured Garage or Parking

Home Design

  • Fixer Upper
  • Frame Construction

Interior Spaces

  • 874 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Entrance Foyer

Kitchen

  • Oven
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

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: Real estate marketing material
  • Property held in a trust
  • Assessor Parcel Number 5031-20-075

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 Community
  • Capitol Hill Subdivision
  • Community Parking

Amenities

  • Coin Laundry
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,564

Year Built

Built in 1967

Lot Details

0

HOA Fees

$543 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Penn Square
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 874
  • Entry Location: Corridor Access
  • Exclusions: Real estate marketing material
  • Living Area: 874
  • Pets Allowed: No
  • Property Condition: Fixer
  • 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: 0.98516
  • Attribution Contact: carol.sandstead@gmail.com,303-949-5950
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Range Hood, Refrigerator
  • Interior Amenities: Entrance Foyer, No Stairs, Open Floorplan, Wet Bar
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 1
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

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

Garage/Parking

  • Parking Features: 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: 543.26
  • Phone: 303-221-1117
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 6519.12
  • REC_AssociationFeeTotalAnnual: 6519.12
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5031-20-075
  • Building Area Total: 874

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1564

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 1, 2024
Sold by
Premier Restorations Llc
Bought by
Follweiler Ryan and Follweiler Heather R
Seller's Agent
Abby Gibson
eXp Realty, LLC
Buyer's Agent
Tammie Daily
Keller Williams Realty Urban Elite
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Views
13
Current Estimated Value
$375,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,874
Avg. Annual Appreciation
-2.52%

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 2, 2024
Sold by
Elevated Renovations Llc
Bought by
Premier Restorations Llc
Seller's Agent
Carol Sandstead
Legacy 100 Real Estate Partners LLC
Buyer's Agent
Brianna Griffin
Madison & Company Properties
List Price
$260,000
Sold Price
$256,142
Premium/Discount to List
-$3,858
-1.48%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
410.41%
Original Mortgage
$268,508
Interest Rate
1.05%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jun 28, 2024
Sold by
Douglas P Allen Trust and Hayes Teri
Bought by
Elevated Renovations Llc
Seller's Agent
Carol Sandstead
Legacy 100 Real Estate Partners LLC
Buyer's Agent
Brianna Griffin
Madison & Company Properties
List Price
$260,000
Sold Price
$256,142
Premium/Discount to List
-$3,858
-1.48%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,508
Interest Rate
1.05%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 5, 2021
Sold by
Allen Douglas P
Bought by
Trust-2021 Douglas P Allen

Purchase Details

Closed on
Mar 21, 2003
Sold by
Valera Harmon Myrarose
Bought by
Allen Douglas P

Purchase Details

Closed on
Feb 28, 2003
Sold by
Harmon Dale Andrew
Bought by
Valera Harmon Myrarose
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
Special Warranty Deed $385,000 Elevated Title
Special Warranty Deed $274,142 Elevated Title
Deed $256,142 None Listed On Document
Warranty Deed -- None Listed On Document
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,508 Construction
Previous Owner $105,000 Unknown
Previous Owner $53,300 Unknown
Previous Owner $75,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Sold $385,000 -3.7% $441 / Sq Ft
08/22/2024 08/22/24 For Sale $399,900 +56.1% $458 / Sq Ft
07/02/2024 07/02/24 Sold $256,142 -1.5% $293 / Sq Ft
06/03/2024 06/03/24 For Sale $260,000 -- $297 / 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 $1,599 $20,190 $1,280 $18,910
2023 $1,564 $20,190 $1,280 $18,910
2022 $1,672 $21,030 $1,330 $19,700
2021 $1,615 $21,640 $1,370 $20,270
2020 $1,623 $21,870 $1,280 $20,590
2019 $1,577 $21,870 $1,280 $20,590
2018 $1,363 $17,620 $1,200 $16,420
2017 $1,359 $17,620 $1,200 $16,420
2016 $1,275 $15,640 $1,234 $14,406
2015 $1,222 $15,640 $1,234 $14,406
2014 $1,098 $13,220 $876 $12,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4466725

REcolorado®

APN: 5031-20-075