5255 Memphis ST #702, Denver, CO 80239
5255 Memphis ST #702, Denver, CO 80239
5255 Memphis ST #702, Denver, CO 80239
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$245,000
Est. payment /mo
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2 Beds
1.5 Baths
925 SqFt
Price Dropped by $8K

5255 Memphis ST #702 Denver, CO 80239

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 925 sqft

Price per Sqft $264

Subdivision Trails At Parkfield Lake

MLS Listing ID 3320928

Style Contemporary

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $364/mo

HOA Y/N Yes

Abv Grd Liv Area 925

Year Built 2002

Annual Tax Amount $1,242

Tax Year 2024

Lot Size 15.000 Acres

Acres 15.0

Property Sub-Type Condominium

Source recolorado

Property Description

This unit comes with something most listings can't offer right now: an assumable FHA loan at 4%. That's a real number, not a teaser rate, and it transfers to a qualified buyer who plans to live here — a meaningful edge in this rate environment. Buyer is subject to lender approval and qualification requirements.

Ground-floor 2-bedroom, 2-bath condo in northeast Denver's Trails at Parkfield Lake community. 925 square feet that lives larger than it measures. Hard surface floors throughout — no carpet to replace or clean. The primary bedroom fits a king with room to spare. The second bedroom is non-conforming, working equally well as an office, guest room, or creative space. In-unit washer and dryer. One assigned parking space.

Location holds its own. 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, and the VA are all an easy commute southwest — matters if you work at any of them. Outside, Parkfield Lake Park is right there: walking paths and open space in a location that feels residential despite how connected it is. Community pool. Dining and shopping along Peña and Tower Road cover the day-to-day.

Strong fit for a first-time buyer looking for a smart entry point, a healthcare worker, or a frequent traveler who wants this location and a payment most buyers can't touch right now.

Location

State CO

County Denver

Zoning PUD

Rooms

Main Level Bedrooms 2

Interior

Interior Features Built-in Features, Ceiling Fan(s), No Stairs, Pantry, Primary Suite

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Laminate, Tile

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Parking Features Asphalt

Fence None

Pool Outdoor Pool

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected

Roof Type Composition

Total Parking Spaces 1

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Frame

Schools

Elementary Schools Lena Archuleta

Middle Schools Dr. Martin Luther King

High Schools Kipp Denver Collegiate High School

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, Qualified Assumption, VA Loan

Listing Terms Cash, Conventional, FHA, Qualified Assumption, VA Loan

Special Listing Condition None

Pets Allowed Yes


REColorado (REColorado MLS)
Listed by Corcoran Perry & Co.

Nearby Locations

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Travis Hightower

Travis Hightower

+1(303) 500-3200

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TESTIMONIALS

Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!

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5255 Memphis ST #702