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Key Details
Sold Price $552,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,065 sqft
Price per Sqft $518
Subdivision Broadway Estates 3Rd Flg
MLS Listing ID 5842453
Sold Date 03/28/25
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,065
Originating Board recolorado
Year Built 1969
Annual Tax Amount $3,490
Tax Year 2024
Lot Size 0.411 Acres
Acres 0.41
Property Sub-Type Single Family Residence
Property Description
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'.
Location
State CO
County Arapahoe
Rooms
Basement Full, Unfinished
Main Level Bedrooms 3
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet
Fireplace N
Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Exterior
Parking Features Concrete
Garage Spaces 2.0
Utilities Available Electricity Connected
Roof Type Architecural Shingle
Total Parking Spaces 2
Garage Yes
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Littleton Academy
Middle Schools Euclid
High Schools Littleton
School District Littleton 6
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with The Resource Group LLC
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding sellers in the Denver Metro area. Whether you are a first-time or seasoned seller, I'll dedicate myself to building a working relationship to make the process smooth -- and profitable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of buyers and investors.
Let's talk about your property
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