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Sold for $552,000
  • $552,000

    1501 E Panama Drive, Centennial, CO 80121

    3beds
    2,130sqft
    Single Family Residence
    Built in 1969
    0.41 Acres Lot
    $522,600 Zestimate®
    $259/sqft
    $2,201 Estimated rent

    Home value

    $522,600

    $486,000 - $564,000

    $2,201/mo

    Zestimate® history
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    $3,252/mo

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    What's special

    Welcome to your next big opportunity at 1501 East Panama Drive in beautiful Centennial! This charming brick home sits on an expansive 17,894 square foot lot, offering plenty of space for creativity and growth. With great bones, this property is a fantastic canvas for those with a vision. Inside, you’ll find a comfortable 1,065 square feet of living space, ready to be transformed into a cozy haven. The home features three spacious bedrooms and one bathroom. An added bonus is the 1,065 square foot unfinished basement, offering even more potential for expansion or customization. Whether you dream of a home gym, extra living space, or a workshop, this basement is ready for your personal touch. The property is equipped with central air for year-round comfort, and recent updates include a NEW hot water heater and a NEW sewer line, adding to the home's value and reliability. While the home itself needs some updating and TLC, it's the perfect fixer-upper investment for those who love a good project or are seeking to create their dream home. The large lot provides endless possibilities for outdoor enthusiasts. Imagine designing your perfect garden, creating an outdoor entertainment area, or even expanding the current home. Bring your dreams and see the potential in this well-located property. Whether you’re a first-time homebuyer or an investor looking for your next project, 1501 East Panama Drive offers the promise of something special. The bones are fantastic and it's just waiting for your vision to be applied. Don’t miss this wonderful opportunity to craft a space uniquely your own in a desirable location! This home is being sold 'AS-IS'.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cole Rudy 720-704-4882 cole.rudy@compass.com,

    Compass - Denver,

    Elizabeth Daniels 720-539-3609,

    Compass - Denver

    Bought with:

    Paul Friedrich, 100101937

    The Resource Group LLC

    Alese Wordley, 100075257

    The Resource Group LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 5842453MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 3
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom
    • Level: Main
    Dining room
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 2,130
    • Total interior livable area: 2,130 sqft
    • Finished area above ground: 1,065
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 032121432
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    Condition
    • Fixer
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: Broadway Estates 3rd Flg
    HOA
    • Has HOA: No
    Location
    • Region: Centennial

    Financial & listing details

    • Price per square foot: $259/sqft
    • Tax assessed value: $569,500
    • Annual tax amount: $3,490
    • Date on market: 3/13/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Exclusions: None
    • Ownership: Individual
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/28/2025Sold$552,000+5.1%$259/sqft
    Source: REcolorado as distributed by MLS GRID #5842453 Report a problem
    3/15/2025Pending sale$525,000$246/sqft
    Source: REcolorado as distributed by MLS GRID #5842453 Report a problem
    3/13/2025Listed for sale$525,000$246/sqft
    Source: REcolorado as distributed by MLS GRID #5842453 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,490 +6.6%$35,594 -4.5%
    2024$3,273 +31.8%$37,272 -12.3%
    2023$2,484 +0.1%$42,518 +48.3%
    2022$2,481 $28,669 -2.8%
    2021-- $29,494 +3.4%
    2020$2,375 +33.2%$28,514
    2019$1,783 $28,514 +18.1%
    2018$1,783 +8.3%$24,142
    2017$1,646 $24,142 +16.9%
    2016-- $20,656
    2015-- $20,656 +37.6%
    2014$1,293 $15,013 -3.5%
    2013-- $15,550
    2012-- $15,550
    2011$1,615 +10.9%$15,550 -3.4%
    2010$1,457 +69.5%$16,090
    2009$859 $16,090 -5.9%
    2008-- $17,090
    2007-- $17,090 +4.5%
    2006-- $16,358
    2005-- $16,358 +10.8%
    2002$1,178 +1.9%$14,770 +10.1%
    2001$1,156 $13,410
    Find assessor info on the county website

    Neighborhood: 80121

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Littleton Academy
    • Middle: Euclid
    • High: Littleton
    • District: Littleton 6

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $522,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $522,600