$560,000
SOLD AUG 14, 2025

117 Elati St Unit 1 Denver, CO 80223

Baker Neighborhood
2 Beds
2 Baths
1,025 Sq Ft
$215/mo HOA Fee

Recently Sold

$546 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • The property is located in a historic district
  • Contemporary Architecture
  • High Ceiling
  • Open Floorplan
  • Property is near public transit
  • 4-minute walk to Dailey Park

About This Home

As of August 2025

Rare warehouse loft in the heart of the historic Baker neighborhood. Welcome to the Baker Lofts, a one of a kind warehouse conversion located on the most postcard worthy street in Denver. With a blend of turn of the century storefronts, corner gas mechanic and victorian homes all now updated to modern abodes and a community garden as a social hub at the end of the block. This is the place you want to be. Open concept living room with sealed original concrete floors and updated modern kitchen, lofty ceiling height and a private patio garden. 2 reserved parking spaces just steps outside your patio exit, 2 separated bedrooms with the primary taking over the back of the condo, walk through closet laundry room and an en-suite bathroom. The second bedroom is the perfect flex space, allowing for your own home office, work out and guest room accommodations. Super funky second bathroom can accommodate and wow your guests. Only four units in this small self managed HOA, so dues are very low and an easy group of caring owners. A mix of owner occupied and long term tenants, make the building a friendly and chill place to live. Long term and 30+days short term rental allowed if you are looking for an investment property. This home is in the middle of it all, quite literally the center of Baker, far removed from the busy streets, as quiet and tranquil a location as one would dream of. But also just steps to Novel Strand Brewing and Coffee, Baker Market Deli (IYKYK - the best kept secret bodega sandwiches) and a short stroll to Broadway shopping entertainment and the Santa Fe Art District (check out First Fridays Art Crawl). Enjoy the convenience of living near everything, but tucked away from the hustle and bustle. Plus, you're just a short bike ride from the Cherry Creek Trail, downtown, light rail stations, and the soon to be built National Women's Soccer League Stadium.

Last Agent to Sell the Property

Oisin Down

Kentwood Real Estate Cherry Creek Brokerage Email: oisinsdown@gmail.com,720-552-2820 License #100052515 Listed on: 06/13/2025

Kentwood Real Estate Cherry Creek

Last Buyer's Agent

Tony Hawkins

Start Real Estate License #100103415

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1999 | Remodeled

Lot Details

  • 1 Common Wall
  • Garden

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Membrane Roofing
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Utility Room

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Dcis At Fairmont Elementary School
  • Kipp Sunshine Peak Academy Middle School
  • Kipp Denver Collegiate High School

Utilities

  • Forced Air Heating and Cooling System
  • 110 Volts
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Sellers personal belongings
  • Assessor Parcel Number 5102-38-024

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, recycling, sewer, trash, water
  • 4 Units
  • Baker Lofts HOA
  • Low-Rise Condominium
  • Baker Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Pet Policy

  • Dogs and Cats Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,637

Year Built

Built in 1999 | Remodeled

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft, Urban Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1025
  • Exclusions: Sellers personal belongings
  • Living Area: 1025
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Baker
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2025-06-13
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.95076
  • Attribution Contact: oisinsdown@gmail.com,720-552-2820
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Ceiling Fan(s), High Ceilings, Open Floorplan, Quartz Counters
  • Flooring: Carpet, Concrete
  • Common Walls: 1 Common Wall
  • Basement: No
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition, Membrane
  • Construction Materials: Brick, Concrete, Frame, Stucco
  • Exterior Features: Garden

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit, Laundry Closet
  • Security: Carbon Monoxide Detector(s), Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Trash, Water
  • Association Name: Baker Lofts HOA
  • Association Fee Frequency: Monthly
  • Association Amenities: Bike Storage, Storage
  • Association Fee: 215
  • Phone: bakerloftshoa@gm
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 2580.00
  • REC_AssociationFeeTotalAnnual: 2580.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: bakerloftshoa@gmail.com

Schools

  • Middle Or Junior School: KIPP Sunshine Peak Academy

Lot Info

  • Parcel Number: 5102-38-024
  • Building Area Total: 1025
  • Lot Features: Historical District, Near Public Transit

Green Features

  • Green Energy Efficient: Appliances, HVAC, Lighting, Thermostat, Windows

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2637

MLS Schools

  • Elementary School: DCIS at Fairmont
  • High School: KIPP Denver Collegiate High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 14, 2025
Sold by
Karlson Matthew K
Bought by
Dew Shannon D
Seller's Agent
Oisin Down
Kentwood Real Estate Cherry Creek
Buyer's Agent
Tony Hawkins
Start Real Estate
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.17%
Original Mortgage
$420,000
Outstanding Balance
$420,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$153,622

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 9, 2023
Sold by
Riester Jefferey David
Bought by
Karlson Matthew K
Seller's Agent
Lana Cordier
LIV Sotheby's International Realty
Buyer's Agent
Rebecca Mahoney
RE/MAX of Cherry Creek
List Price
$525,000
Sold Price
$541,500
Premium/Discount to List
$16,500
3.14%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$446,737
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2018
Sold by
Martinez Lucille Marie and Mack Sandra
Bought by
Riester Jefferey David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2015
Sold by
Mack Sandra
Bought by
Mack Sandra and Martinez Lucille Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2013
Sold by
Mcguire Emily
Bought by
Mack Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2007
Sold by
Mcguire Emily and Woodruff Travis M
Bought by
Mcguire Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 13, 2006
Sold by
Montgomery Denise R
Bought by
Mcguire Emily and Woodruff Travis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 31, 2002
Sold by
Montgomery Denise
Bought by
Montgomery Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,200
Interest Rate
5.89%

Purchase Details

Closed on
Jul 13, 2000
Sold by
Ellsworth Property Management Inc
Bought by
Montgomery Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Special Warranty Deed $560,000 Fitco (First Integrity Title C
Special Warranty Deed $541,500 First American Title
Warranty Deed $435,000 Performance Title
Interfamily Deed Transfer -- None Available
Warranty Deed $265,000 None Available
Interfamily Deed Transfer -- Land Title
Warranty Deed $234,000 Fahtco
Interfamily Deed Transfer -- --
Warranty Deed $185,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $446,737 New Conventional
Previous Owner $348,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $125,000 New Conventional
Previous Owner $193,600 New Conventional
Previous Owner $187,200 Fannie Mae Freddie Mac
Previous Owner $153,200 No Value Available
Previous Owner $148,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Sold $560,000 -2.6% $546 / Sq Ft
06/27/2025 06/27/25 Price Changed $574,999 -2.4% $561 / Sq Ft
06/13/2025 06/13/25 For Sale $589,000 +8.8% $575 / Sq Ft
05/09/2023 05/09/23 Sold $541,500 +3.1% $528 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $525,000 -- $512 / 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 $2,637 $33,300 $4,350 $28,950
2023 $2,580 $33,300 $4,350 $28,950
2022 $2,576 $32,390 $7,080 $25,310
2021 $2,487 $33,330 $7,290 $26,040
2020 $2,276 $30,680 $5,600 $25,080
2019 $2,213 $30,680 $5,600 $25,080
2018 $1,916 $24,770 $3,670 $21,100
2017 $1,911 $24,770 $3,670 $21,100
2016 $1,901 $23,310 $3,104 $20,206
2015 $1,821 $23,310 $3,104 $20,206
2014 $1,280 $15,410 $1,091 $14,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3890783

REcolorado®

APN: 5102-38-024