Back 502/1601 Park Avenue
Off Market

502/1601 Park Avenue

Denver CO 80218

2
3
2
1291 sq. ft.
Condo
Last sold for $1,052,500
Brad ArnoldBrad Arnold, last sold this property on 20 July 2023 after 188 days on market.

Overview

NOW TAKING CONTRACTS - The Arbory is a unique opportunity to purchase a new construction condominium in the heart of Denver's City Park West, a neighborhood with access to all the great amenities Denver offers. With 41 for-sale residences, ranging in size from Urban 1 Bedrooms to 2 Bedroom Penthouses, currently available homes are priced from$430,000 to just over $1M. The Arbory is nestled directly west of City Park and just north of Cheesman Park on the corner of 16th & Park Avenues. Exclusive resident amenities include off-street garage parking, private balconies, and a 5th floor owner's terrace with skyline and mountain views. Currently under construction, The Arbory is estimated to deliver January of 2023. For more information about project details, please visit ArboryDenver.com.

Features

2 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
1291 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Denver over the last 12 months, the estimated median property value of 502/1601 Park Avenue is $419k.

Median value
$419k
Estimated value range
$185k - $1.45m
Median days on market
62
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Denver. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 502/1601 Park Avenue

2023
Sold
$1,052,500
20 Jul 2023 by Brad Arnold, of Slifer Smith & Frampton - Denver

Happy sellers in Denver

87%
87% of sellers in Denver reported that their sale price either exceeded or met their price expectations.

Denver stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Denver over the last 12 months.

Local market activity for 2 bedroom condos in Denver

In the last 12 months, 70 two-bedroom condos similar to 502/1601 Park Avenue, have been sold.

This represents a 12% increase in two-bedroom condos sales when compared to the previous 12 months.

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