NOT LISTED FOR SALE

1050 N Lafayette St Unit 103 Denver, CO 80218

Cheesman Park Neighborhood

Estimated Value: $213,353 - $254,000

1 Bed
1 Bath
440 Sq Ft
$208/mo HOA Fee

Last Sold August 12, 2022

Last sale price $247,000 $561 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,574/month

7 Days on Market

Highlights

  • Indoor Pool
  • Rooftop Deck
  • Property is near public transit
  • Morey Middle School Rated A-
  • Open Floorplan
  • Sauna

About This Home

As of August 2022

Exquisitely, fully remodeled, move-in ready studio around the block from Cheesman Park. The stunning, full-sized kitchen boasts all stainless steel appliances, quartz countertops, under-cabinet lighting, glass accent doors in upper cabinets, tons of counter space and an eating bar. Design details are everywhere including: luxury vinyl plank flooring, wainscoting, lighting, tasteful paint colors, cozy built-in electric fireplace with remote and modern/energy efficient finishes throughout. Don’t forget to check out the west facing rooftop patio on the sixth floor with breathtaking panoramic views of the city. Fantastic location with walking distance to restaurants, coffee shops, grocery stores, Denver Botanic Gardens, and public transportation. Convenient first floor location without the hassle of stairs and includes a deeded parking space directly north of the unit. The HOA covers almost everything including: heat, insurance, maintenance grounds, maintenance structure, recycling, sewer, snow removal, trash, water, swimming pool and dry sauna. Great rental opportunity! This dazzling condo has it all!

Last Agent to Sell the Property

Taylor Hetzer

RE/MAX Professionals License #100038718 Listed on: 07/14/2022

RE/MAX Professionals

Last Buyer's Agent

John Cornacchia

eXp Realty, LLC License #100074732

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $869

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 218

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Studio
  • Brick Exterior Construction
  • Frame Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Electric Fireplace
  • Double Pane Windows
  • Window Treatments
  • Vinyl Flooring

Kitchen

  • Self-Cleaning Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Indoor Pool
  • Rooftop Deck

Location

  • Ground Level
  • Property is near public transit

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Water Heater

Additional Features

  • Accessible Approach with Ramp
  • Smoke Free Home
  • No Units Located Below

Listing and Financial Details

  • Exclusions: Staging items.
  • Assessor Parcel Number 5022-38-053

Community Details

Overview

  • Association fees include heat, insurance, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • Cap Hill HOA, Phone Number (303) 320-1660
  • Visit Association Website
  • Mid-Rise Condominium
  • Majorca Condos Community
  • Cheesman Park Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Sauna
  • Coin Laundry

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$869

Year Built

Built in 1968 | Remodeled

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Studio
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: MAJORCA CONDOS
  • Above Grade Price per Sq Ft: 561.36
  • Finished Price per Sq Ft: 561.36
  • Total Price per Sq Ft: 561.36
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 440.00
  • Accessibility Features: Accessible Approach with Ramp
  • Annual Association Fee: 2496.72
  • Entry Location: Ground
  • Exclusions: Staging items.
  • Living Area: 440.00
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Reserved Spaces: 1
  • Restrictions Covenants: Yes
  • Submitted Prospect: Yes
  • Property Condition: Updated/Remodeled
  • Directions: Located at 10th and Lafayette. Please use street parking or use the unit's parking space on the North side of the building, #18N.
  • SubdivisionName: Cheesman Park
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Self Cleaning Oven
  • Fireplaces: 1
  • Interior Amenities: Kitchen Island, No Stairs, Open Floorplan, Quartz Counters, Smoke Free
  • Flooring: Vinyl
  • Fireplace Features: Electric
  • Full Bathrooms: 1
  • Room Count: 4
  • Common Walls: No One Below
  • Total Bedrooms: 1
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Rolled/Hot Mop
  • Construction Materials: Brick, Frame
  • Patio and Porch Features: Rooftop
  • Pool Features: Indoor

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Hot Water
  • Water Source: Public
  • Laundry Features: Common Area

Condo/Co-op/Association

  • HOA Fee Includes: Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 2496.72
  • Association Name: CAP HILL HOA
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Coin Laundry, Pool, Sauna
  • Association Fee: 208.06
  • Phone: 303-320-1660
  • Association Website: http://hoamanagementdenver.com/capitol-hill-hoa-managementproperties/the-majorca-condominiums/
  • Association: Yes

Schools

  • School District: Denver 1
  • Elementary School: Dora Moore
  • Middle School: Morey
  • High School: East
  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 5022-38-053
  • Building Area Total: 440.00
  • Lot Features: Near Public Transit

Rental Info

  • Rentals Allowed: Long Term

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 869.00

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 12, 2022
Sold by
Chris Grobe
Bought by
Davis Ashley Brooks
Seller's Agent
Taylor Hetzer
RE/MAX Professionals
Buyer's Agent
John Cornacchia
eXp Realty, LLC
List Price
$247,000
Sold Price
$247,000
Current Estimated Value
$235,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,093
Avg. Annual Appreciation
-1.75%
Original Mortgage
$247,000
Outstanding Balance
$238,026
Interest Rate
5.7%
Mortgage Type
VA
Estimated Equity
-$3,688

Purchase Details

Closed on
Jun 22, 2021
Sold by
Steagall Sergio Nicklaus
Bought by
Grobe Chris and Grobe Kimber

Purchase Details

Closed on
Nov 9, 2018
Sold by
Payne Christine A
Bought by
Steagall Sergio Nicklaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2017
Sold by
1050 Lafayette Rental Llc
Bought by
Payne Christine A

Purchase Details

Closed on
Jul 5, 2016
Sold by
Aga Jason M
Bought by
1050 Lafayette Rental Llc

Purchase Details

Closed on
May 25, 2012
Sold by
Castro Jara Porfirio E
Bought by
Aga Jason M

Purchase Details

Closed on
Oct 15, 2007
Sold by
Keys Teresa Joann
Bought by
Aga Jason M and Castro Jara Porfirio E

Purchase Details

Closed on
Aug 29, 1994
Sold by
Arth Margaret A
Bought by
Keys Teresa Joann
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Ashley Brooks $247,000 None Listed On Document
Grobe Chris $210,000 First American Title
Steagall Sergio Nicklaus $197,000 First American Title
Payne Christine A $150,000 Canyon Title
1050 Lafayette Rental Llc $138,500 First American
Aga Jason M -- None Available
Aga Jason M $42,500 Security Title
Keys Teresa Joann $21,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Ashley Brooks $247,000
Previous Owner Steagall Sergio Nicklaus $152,000
Previous Owner Steagall Sergio Nicklaus $147,750
Previous Owner Aga Jason M $51,000
Previous Owner Aga Jason M $50,000
Previous Owner Keys Teresa Joann $68,400
Previous Owner Keys Teresa Joann $11,000
Previous Owner Keys Teresa Joann $22,242
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $247,000 0.0% $561 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $247,000 -- $561 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

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 $758 $9,570 $820 $8,750
2023 $742 $9,570 $820 $8,750
2022 $900 $11,320 $850 $10,470
2021 $869 $11,650 $880 $10,770
2020 $868 $11,700 $690 $11,010
2019 $844 $11,700 $690 $11,010
2018 $661 $8,540 $630 $7,910
2017 $659 $8,540 $630 $7,910
2016 $531 $6,510 $557 $5,953
2015 $509 $6,510 $557 $5,953
2014 $304 $3,660 $716 $2,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2386250

REcolorado®

APN: 5022-38-053