3 days on Rocket
$6,828 Closing Credit¹
#1863975, Douglas Hauck, Listing Office: RE/MAX Professionals
#5842453·
Listing Office: Compass - Denver·
Listing Agent: Cole Rudy·
Listing Office Phone: 720-704-4882, 303-536-1786
$525,000 List price
1501 E Panama Dr Centennial, CO 80121
$6,234
Closing credit¹
3 beds
1 full
1,065 sqft
0.4 acres
$493 / sqft
House
Property details
About 1501 E Panama Dr
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'.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,065 sqft
BasementYes
Lot size0.41 Acres
Year built1969
ParkingConcrete
MLS #5842453
Attached garage2 spaces
Summary
- MLS Number: 5842453
- MLS Name: RECOLORADO
- Office Name: Compass - Denver
- Office Email: cole.rudy@compass.com
- Listing Agent: Cole Rudy
Listings courtesy of REColorado as distributed by MLS GRID.
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 3/14/2025, 1:57:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$525,000
1501 E Panama Dr
$6,234
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $37,272 | $3,180 |
| 2022 | $28,669 | $2,483 |
| 2021 | $29,494 | $2,481 |
| 2020 | $28,514 | $2,247 |
| 2019 | $28,714 | $1,782 |
| 2018 | $26,690 | $1,645 |
| 2017 | $26,690 | $1,292 |
History based on county public records data.
Nearby schools
7
Gaskill Elementary School
Public District KG-5
0.3 mi
•7
Hopkins Elementary School
Public District KG-5
1.1 mi
•7171 S Pennsylvania St
5
East Elementary School
Public District KG-5
1.2 mi
•5933 S Fairfield St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,312. Typical income of Centennial, CO residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
21%
<35k
53%
35k-100k
23%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
40%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
18%
18-34 yrs old
44%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
PGA/LPGA
Symphony or Opera
Where do the neighbors shop?
Nordstrom Rack
Stein Mart
Chico's
Where do the neighbors go to eat?
Chipotle
Bonefish Grill
Boston Market
What do the neighbors drive?
Mazda
Lincoln
Volvo
What do the neighbors listen to?
Rock
Classical
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1501 E Panama Dr
This home is located at 1501 E Panama Dr in Centennial, CO and zip code 80121 in the Broadway Estates neighborhood. This 1,065 square foot home, which was built in 1969, sits on a 0.41 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $525,000.
Over 19 listings were sold over their listed price in February 2025 in Centennial, CO. In the same period over 28 listings were sold below the listed price and 23 listings were sold for the listed price. The inventory of homes for sale in Centennial, CO between January and February 2025 increased by 14.8%. Listings spent 56 days on the market in February 2025, and had a median list price of $639,087 during the same period.
From Rocket Homes Real Estate and based on county public records data.