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702/5255 Memphis St

Denver CO 80239

2
2
1
925 sq. ft.
653400 sq. ft.
Condo
Currently for sale - view listing

Overview

This unit comes with something most listings can't offer right now: an assumable loan at 4%. That's a real number, not a teaser rate, and it transfers to a buyer who plans to live here — a meaningful edge in this rate environment. The loan is an FHA assumable loan - buyer is subject to lender approval and qualification requirements. Beyond that: a ground-floor 2-bedroom, 1.5-bath condo in northeast Denver's Trails at Parkfield Lake community, 925 square feet. The primary bedroom fits a king bed with room to spare. The second bedroom is non-conforming, so it works as an office, guest room, or whatever you need it to be. Location holds its own too. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth University of Colorado Hospital, and the VA are all an easy commute, which matters if you work at any of them. Outside, Parkfield Lake Park is right there — walking paths and open space that keep things quiet despite how connected the location is. Community pool for summer. Dining and shopping along Peña and Tower Road cover the day-to-day. Good fit for a first-time buyer looking for a smart entry point, or a healthcare worker or traveler who wants this location and a payment most buyers can't touch right now.

Features

2 bedrooms
2 bathrooms
1 carspace
925 sq. ft. floor area
653400 sq. ft. lot size
Condo

Property history for 702/5255 Memphis St

2020
Sold
$223,000
06 Aug 2020 by Brian Margolis, of Keller Williams Preferred Realty
2020
Sold
$223,000
06 Aug 2020 by Brian Margolis, of Keller Williams-Preferred Rlty
2020
Sold
$218,000
28 Feb 2020 by Tyler Shields, of KELLER WILLIAMS REALTY SUCCESS

Happy sellers in Denver

90%
90% 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.

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Local market activity for 2 bedroom condos in Denver

In the last 12 months, 15 two-bedroom condos similar to 702/5255 Memphis St, have been sold.

This represents a 55% increase in two-bedroom condos sales when compared to the previous 12 months.

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