$552,000
SOLD MAR 28, 2025
3 Beds
1 Bath
1,065 Sq Ft
0.41 Acres

Recently Sold

$518 Per Sq Ft

5% Above List Price

Highlights

  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property
  • Euclid Middle School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

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'.

Last Agent to Sell the Property

Cole Rudy

Compass - Denver Brokerage Email: cole.rudy@compass.com,720-704-4882 License #100105041

Compass - Denver

Co-Listed By

Elizabeth Daniels

Compass - Denver Brokerage Email: cole.rudy@compass.com,720-704-4882 License #100086372

Last Buyer's Agent

Paul Friedrich

The Resource Group LLC License #100101937

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1969

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Slab Foundation
  • Architectural Shingle Roof

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room
  • Carpet
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Littleton Academy Elementary School
  • Euclid Middle School
  • Littleton High School

Additional Features

  • 0.41 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Broadway Estates 3Rd Flg Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032121432

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,490

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 1065
  • Exclusions: None
  • Living Area: 1065
  • Property Condition: Fixer
  • SubdivisionName: Broadway Estates 3rd Flg
  • Co List Office Mls Id: RECCCLL2
  • Co List Office Phone: 303-536-1786
  • Ownership: Individual
  • Property Attached Yn: No
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 1065.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 1.05143
  • Attribution Contact: cole.rudy@compass.com,720-704-4882
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Basement: Full, Unfinished
  • Basement: Yes
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3

Exterior Features

  • Foundation Details: Slab
  • Roof: Architecural Shingle
  • Construction Materials: Brick

Garage/Parking

  • Parking Features: Concrete
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Euclid

Lot Info

  • Parcel Number: 032121432
  • Lot Size Acres: 0.41
  • Building Area Total: 2130
  • Lot Size Sq Ft: 17894
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3490

MLS Schools

  • Elementary School: Littleton Academy
  • High School: Littleton

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $552,000 +5.1% $518 / Sq Ft
03/13/2025 03/13/25 For Sale $525,000 -- $493 / Sq Ft
Source: REcolorado®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,273 $37,272 -- --
2023 $3,273 $37,272 $0 $0
2022 $2,484 $28,669 $0 $0
2021 $2,481 $28,669 $0 $0
2020 $2,375 $28,514 $0 $0
2019 $2,247 $28,514 $0 $0
2018 $1,783 $24,142 $0 $0
2017 $1,646 $24,142 $0 $0
2016 $1,292 $20,656 $0 $0
2015 $1,293 $20,656 $0 $0
2014 -- $15,013 $0 $0
2013 -- $15,550 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $552,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Deed -- --
Source: Public Records

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Source: REcolorado®

MLS Number: 5842453

REcolorado®

APN: 2077-23-3-02-003