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Sold for $548,500
  • $548,500

    550 E 12th Avenue #1007, Denver, CO 80203

    2beds
    1,373sqft
    Condominium
    Built in 1967
    -- sqft lot
    $498,200 Zestimate®
    $399/sqft
    $2,677 Estimated rent

    Home value

    $498,200

    $463,000 - $538,000

    $2,677/mo

    Zestimate® history
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    What's special

    Fresh designer paintMuseum districtSpectacular mountain viewsLarge walk-in closetBotanical gardensMaster bedroomHuge parking space
    Welcome to Penn Square, one of the best maintained, amenity rich buildings in Denver. This immaculately updated 2 bedroom/2 bath condo boasts SPECTACULAR mountain views, new wood floors, fresh designer paint, floor to ceiling plantation shutters, huge wine fridge, and covered balcony. The master bedroom has a large walk-in closet and en-suite double vanity bathroom with floating counters. The owners (since 2012) love that this unit is light filled all day - great morning light and fantastic western views. This home has been remodeled to create a great room feel, fantastic for entertaining with open updated kitchen and eating bar. There are washer/dryer hookups in the unit, but the community laundry is right next door and always available. There is one huge parking space that is deeded with the unit and additional parking spaces are available to lease for $60/month. The sellers have prepaid for one of these spaces for the next year for use. The building is located in a beautiful tree-lined area of Cap Hill, at 12th & Pennsylvania, near the Governor's Mansion. Public transportation is right out the front door. Walk score of 93 and bike score of 99 - walking/biking distance to restaurants, coffee shops, grocery store, Cheesman Park, Botanical Gardens, museum district, bike trail, and downtown Denver. This is a secure building with amazing amenities including a beautifully maintained outdoor pool and garden, community grills, huge fitness center, rooftop entertaining lounge with a gorgeous water feature (best place in Denver to watch fireworks!), ground floor entertaining lounge, plenty of guest parking - a must in Cap Hill, and rentable 1 bd/1ba guest suite on the main floor of the building. It can be rented for $85 for a single night or $75/night for 2+nights, fantastic for visitors. This is a turn-key purchase, great for buyers who want to feel secure while traveling or working out of town. Walk the 3D tour here: https://my.matterport.com/show/?m=SeB72qdmrLZ&

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Quinn 303-437-1182 megan@meganquinnmayfield.com,

    Compass - Denver

    Bought with:

    Zack Spencer, 100080864

    Redfin Corporation

    Source: REcolorado as distributed by MLS GRID,MLS#: 3424277MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Bedroom
    • Description: Huge Master Bedroom With Amazing Views And Morning Light. Large Walk-In Closet With Storage Built-Ins.
    • Level: Main
    Bedroom
    • Description: Large Second Bedroom With Views And Large Closet
    • Level: Main
    Bathroom
    • Level: Main
    Bathroom
    • Level: Main
    Family room
    • Description: Huge Family Room With Easy Kitchen/Bar Access. Sweeping 180 Degree Views And Covered Balcony.
    • Level: Main
    Kitchen
    • Description: Beautifully Remodeled Kitchen With Bar
    • Level: Main
    Laundry
    • Description: There Are Washer/Dryer Hookups In The Front Closet, But Common Laundry Is Right Next To The Unit.
    • Level: Main
    Heating
    • Baseboard
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Wine Cooler
    • Laundry: Common Area
    Features
    • Eat-in Kitchen, Elevator, Entrance Foyer, Granite Counters, No Stairs, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)
    • Flooring: Tile, Wood
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 1,373
    • Total interior livable area: 1,373 sqft
    • Finished area above ground: 1,373

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Corridor Access
    • Patio & porch: Covered
    • Exterior features: Balcony, Barbecue, Elevator, Garden, Gas Grill, Water Feature
    • Pool features: Outdoor Pool
    • Fencing: None
    • Has view: Yes
    • View description: City, Mountain(s)
    Lot
    • Features: Near Public Transit
    Details
    • Parcel number: 503120111
    • Zoning: G-MU-5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Concrete
    • Foundation: Slab
    • Roof: Other
    Condition
    • Updated/Remodeled
    • Year built: 1967

    Utilities & green energy

    • Electric: 110V, 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/Parking, Security Entrance
    • Subdivision: Penn Square Condos
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Clubhouse, Coin Laundry, Elevator(s), Fitness Center, Front Desk, Garden Area, Laundry, Management, Parking, Pool, Security
    • Services included: Reserve Fund, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water
    • HOA fee: $544 monthly
    • HOA name: LCM Property Management
    • HOA phone: 303-221-1117
    Location
    • Region: Denver

    Financial & listing details

    • Price per square foot: $399/sqft
    • Tax assessed value: $525,300
    • Annual tax amount: $2,477
    • Date on market: 8/10/2023
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Exclusions: All Furnishings Are Negotiable.
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/8/2023Sold$548,500+131.4%$399/sqft
    Source: REcolorado as distributed by MLS GRID #3424277 Report a problem
    10/4/2012Sold$237,000-5.2%$173/sqft
    Source: Public Record Report a problem
    8/7/2012Price change$249,900-3.8%$182/sqft
    Source: RE/MAX AVENUES #1113348 Report a problem
    7/21/2012Listed for sale$259,900+56.6%$189/sqft
    Source: Mazatlan Intl Prop DBA RE/MAX Avenues #1113348 Report a problem
    12/18/1997Sold$166,000$121/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,442 -1.4%$31,510 -8.7%
    2023$2,477 +3.6%$34,530 +10.9%
    2022$2,392 +1.7%$31,150 -2.8%
    2021$2,352 +2.9%$32,050 +1.1%
    2020$2,286 +2.5%$31,703 -0.7%
    2019$2,230 $31,925 +10.7%
    2018$2,230 +0.3%$28,830
    2017$2,224 +0.4%$28,830 +1.7%
    2016$2,215 +32.5%$28,350
    2015$1,672 0%$28,350 +40.8%
    2014$1,673 -5.6%$20,130
    2013$1,772 +17.9%$20,130 -4.5%
    2012$1,503 +2.6%$21,080 +0%
    2011$1,465 +2.2%$21,078 -4.2%
    2010$1,433 -14.8%$22,000
    2009$1,682 -0.2%$22,000 -12.7%
    2008$1,685 +16.7%$25,190
    2007$1,443 +1.1%$25,190 +16.8%
    2006$1,427 +1.7%$21,560
    2005$1,404 $21,560
    Find assessor info on the county website

    Neighborhood: Capitol Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Dora Moore
    • Middle: Morey
    • High: East
    • District: Denver 1

    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
    $498,200
    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
    $498,200