551 Pearl Street Bldg , Unit 602

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Sold Denver, CO 80203 MLS# 5819788 Sold by Rey Armendariz on 02/12/2021
$400,000
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Condo/Townhouse Property Type
2 Bedroom
2 Bathroom
1 Garage
1012.00 Sq Ft
0.57 Acres
1968 Year Built

Overview

Excellent end unit, top floor, penthouse condo in the historic close-knit community of Alamo Placita with incredible mountain views! Mere steps from 6th Avenue and surrounding trendy restaurants, Trader Joes, Safeway, Governor's Park, Cherry Creek Trail, and so much more. This residence’s building was recently updated with new security cameras, pool resurfacing, guest room remodel, LED lighting throughout common areas and exterior, new boiler and chiller, and upgraded elevator electronics and cab. Step inside to find a beautiful open floor plan enhanced with a striking wood-burning fireplace with a floor-to-ceiling brick wall surround, granite countertops in the kitchen and baths, closet storage systems providing lots of storage space, nook with built-ins that's perfect for a work-from-home desk, stainless steel appliances and unique touches throughout. Step outside onto the spacious south-facing private covered balcony to enjoy outdoor dining rain or shine and take in the south-facing views where a peek of Pikes Peak awaits! Two bedrooms offer cozy carpeting, plenty of privacy, and incredible floor-to-ceiling windows. The primary retreat has bonus dual closets with custom shelving and an updated full bath with extensive countertop space making morning prep a breeze. Prepaid laundry on the same level as unit along with a convenience trash chute. Reserved underground parking with storage and great HOA amenities that include an indoor pool, bike storage, clubhouse with pool table, private guestroom, and a warm and welcoming entrance lobby.

New Home Sales Hours

Courtesy Of Redfin Corporation
Source: REcolorado

View On REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed Cats OK,Dogs OK,Yes

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? No
    • Basement
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features Living Room,Wood Burning
    • No. of Fireplaces 1
    Square Foot Details
    • SqFt 1,012
    • Living Area, Finished 1,012
    • Above grade, Finished 1,012
    • Basement, Finished
    • Basement, Unfinished
    • PSF Total $395.26
    • PSF Finished $395.26
    • PSF Above Grade $395.26
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Convection Oven,Cooktop,Dishwasher,Double Oven,Microwave,Oven,Range,Range Hood,Refrigerator,Self Cleaning Oven
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls End Unit,No One Above,2+ Common Walls
    • Exclusions Sellers' personal property
    • Flooring Carpet,Tile
    • Furnished
    • Interior Features Elevator,Entrance Foyer,Granite Counters,High Ceilings,High Speed Internet,Kitchen Island,Primary Suite,Open Floorplan,Quartz Counters
    • Laundry Availability Common Area
    • Security Features Carbon Monoxide Detector(s),Key Card Entry,Secured Garage/Parking,Security Entrance,Smoke Detector(s)
    • Spa Features
    • Window Features Double Pane Windows

    Room Details

    Bathroom Details Total Bathrooms: 2
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 2
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location Corridor Access
    • Faces South
    • Horse Amenities
    • Horse Property
    • Levels One
    • Stories
    • Structure Type Mid Rise (4-7)
    • Unit Floor # 6
    • View City,Mountain(s)
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture
    • Construction Materials Block,Brick,Concrete
    • Foundation Details
    • Roof Membrane
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Balcony,Elevator,Lighting
    • Fencing Partial
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features Covered,Deck
    • Pool Features Private
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Historical District,Landscaped,Near Public Transit,Open Space,Sprinklers In Front
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.57
    • Lot Size Dimensions
    • Lot Size SqFt 24,936
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $701,754.39
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility
    • Road Surface Paved

    Parking/Garage

    Parking Space Summary

    • Parking Features Asphalt,Concrete,Driveway-Heated,Oversized Door,Underground
    • Total Parking Spaces 2
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 1
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling Other
    • Green Energy Efficient Appliances,Lighting,Water Heater,Windows
    • Heating Hot Water,Natural Gas
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Cable Available,Electricity Available,Electricity Connected,Internet Access (Wired),Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities Bike Share,Clubhouse,Coin Laundry,Elevator(s),Fitness Center,Laundry,Parking,Pool
    • Association(s) Yes
    • HOA Fee Includes Capital Reserves,Exterior Maintenance w/out Roof,Insurance,Maintenance Grounds,Recycling,Trash
    • Total Annual HOA Fees $4,584
    1st HOA
    • HOA 551 Condominiums
    • Type Professionally Managed
    • Fee $382.00 Monthly
    • Phone (303) 798-0054
    • Total Annual Fee $4,584.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed Cats OK,Dogs OK,Yes
    • Rentals Allowed
    • Restrictions Vehicle Height Restrictions
    • Restrictions Other
    • Restrictions/Covenants? Yes

    Financial Considerations

    Summary

    • Cap Rate
    • Cap Rate Calculation
    Actual expense details
      Commission Information
      • Buyer Agency Compensation 2.80%
      • Compensation Offered
      • Dual Variable Compensation Yes
      • Commission Modified NA
      • Closing Comments
      Income details
      • Actual Annual Net Income $
      • Gross Income $
      • Income Includes
      • Income Includes Description
      Landleasing details
      • Land Lease Amount
      • Land Lease Amount Frequency
      • Land Lease?
      Projected
      • Other Annual Income $
      • Potential Rental Income Annual $
      • Projected Annual Expense $
      • Projected Annual Net Income $
      • Projected Gross Income $
      • Projected Gross Operating Income $
      • Projected Gross Scheduled Income $
      • Vacancy Credit Losses
      Tax details
      • Annual Tax $1,913
      • Legal Description 551 PEARL CONDOS U-602 PRK-N/A
      • Tax Exemptions
      • Tax ID 5113-06-069
      • Tax Year 2019
      Other
      • Tenant Pays
      • Utilities Metering
      • Utilities Paid By Tenant

      Neighborhood

      Summary

      • Building Name Pearl Condominiums
      • Development Name
      • Park Name
      • Senior Community No
      • Subdivision Alamo Placita
      New Home Community
      • Community Description
      • Community MLS #
      • Community Name
      • Community Opening
      • Community Website
      • Current Promotions
      • Development Status
      • Directions from Agent Fron the intersections of Grant and 6th Ave, head west on 6th, turn right on Pearl St. Building will be on your right.
      • Move In Date
      • New Home Available Options
      • New Home Land MLS #
      • New Home Plan MLS #
      Zoning Details
      • Current Use
      • Incorporated? No
      • Zoning U-RH-3A
      • Zoning Jurisdiction

      Other

      Business Details
      • Business Amenities
      • BusinessDescription
      • BusinessType
      • Year Established
      History
      • Original List Price $419,950
      Partial Ownership Details
      • Partial Ownership Amount
      • Week Remarks
      • Weeks Available
      Other
      • Home Warranty
      • Ownership Individual
      • Possession Close Plus 2 Days
      • Special Listing Conditions None Known
      • Year Built 1968

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      School Zone

      District: Denver 1
      Schools: Dora Moore Elementary School, East High School, Morey Middle School

      Area Map

      Walk Score

      Bike Score

      Bike Score

      0 description
      Transit Score

      Transit Score

      0 description summary
      Walk Score

      Walk Score

      0 description
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