NOT LISTED FOR SALE

1218 S Sherman St Unit 1220 Denver, CO 80210

Platt Park Neighborhood

Estimated Value: $1,440,892 - $1,566,000

4 Beds
4.5 Baths
3,219 Sq Ft
$467/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $1,525,000 $474 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,933/month

134 Days on Market

Highlights

  • New Construction
  • City View
  • Living Room with Fireplace
  • South High School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2024

Welcome to your dream home in the heart of vibrant and walkable Platt Park. This contemporary townhome offers the perfect blend of modern design and luxurious finishes creating a comfortable and stylish living experience. Step inside and be greeted by an open-concept layout that seamlessly connects the living,dining and kitchen areas and flows to the fenced back yard and patio. The designer selected finishes,including wood floors,lighting fixtures, hand selected tile and custom cabinetry,create an atmosphere of sophistication and elegance.The kitchen is a chef’s delight, featuring Bosch stainless steel appliances,quartz counters, a spacious island for meal preparation and entertaining. Escape to the private oasis in the fenced backyard, where you can relax and unwind.The beautifully landscaped yard provides the perfect backdrop for outdoor gatherings or simply enjoying a morning coffee. But the true highlight of this home is the rooftop deck with fireplace.Imagine cozying up by the fire on a cool evening, surrounded by breathtaking views of the neighborhood.This is the perfect spot to entertain guests both outdoors and indoors with the wet bar in the adjacent “penthouse” room.The luxurious primary suite incudes a sumptuous bath with free standing tub, oversized shower and dual vanity along with a large walk-in closet perfect for the wardrobe afficionado.In addition to it’s stunning features, this townhome is located in the highly walkable Platt Park neighborhood with schools and parks nearby and some of Denver’s best shops and restaurants on South Pearl and South Broadway and you are only minutes from I-25,light rail and an easy drive to downtown Denver and Cherry Creek.Special features include dual zone heating,cooling, pre-wire for interior speakers in multiple locations throughout the home, interior fire sprinklers for safety, gas line to the back patio, garage wired for EV charging, pre-wire for future solar system. What more could you ask for in a new home!

Last Agent to Sell the Property

Rike Palese

RE/MAX Professionals Brokerage Email: RPALESE@CLASSICNHS.COM,303-522-5550 License #040004568 Listed on: 09/27/2023

RE/MAX Professionals

Last Buyer's Agent

Lisa Hoyer

West and Main Homes Inc License #100067466

West and Main Homes Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 9,070 Sq Ft Lot
  • End Unit
  • West Facing Home
  • Partially Fenced Property
  • Private Yard

Parking

  • 2 Car Garage

Property Views

  • City
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Membrane Roofing
  • Wood Siding
  • Stucco

Interior Spaces

  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Laundry in unit

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

  • Partial Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Balcony
  • Outdoor Fireplace
  • Exterior Lighting

Schools

  • Mckinley-Thatcher Elementary School
  • Grant Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units
  • Sherman Street Townhomes Community
  • Platt Park Subdivision

Listing and Financial Details

  • Exclusions: Seller`s personal property and staging items
  • Assessor Parcel Number 05221-11-023-000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,178

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Architectural Style: Contemporary
  • Structure Type: Townhouse
  • Levels: Three Or More
  • Building Name: Sherman Street Townhomes
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 2342
  • Exclusions: Seller`s personal property and staging items
  • Living Area: 3219
  • Property Condition: New Construction
  • SubdivisionName: Platt Park
  • Co List Office Mls Id: REC00230
  • Co List Office Phone: 303-799-9898
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: Builder
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 3
  • REC_UpperLevelBedrooms: 3
  • Ratio Close Price By Original Li: 0.89759
  • Attribution Contact: RPALESE@CLASSICNHS.COM,303-522-5550
  • Special Features: 4098

Interior Features

  • Appliances: Cooktop, Dishwasher, Microwave, Oven, Refrigerator
  • Fireplaces: 2
  • Interior Amenities: Pantry, Quartz Counters, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Gas, Living Room, Outside
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Common Walls: End Unit
  • Basement: Finished, Partial
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 877
  • Main Level Bathrooms: 1

Exterior Features

  • Direction Faces: West
  • Roof: Membrane
  • Construction Materials: Brick, Stucco, Wood Siding
  • View: City, Mountain(s)
  • Exterior Features: Balcony, Lighting, Private Yard

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 05221-11-023-000
  • Lot Size Acres: 0.21
  • Fencing: Partial
  • Building Area Total: 3219
  • Lot Size Sq Ft: 9070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4178

MLS Schools

  • Elementary School: McKinley-Thatcher
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Mar 1, 2024
Sold by
Sherman Street Townhomes Llc
Bought by
Gaysie Kenneth
Seller's Agent
Rike Palese
RE/MAX Professionals
Buyer's Agent
Lisa Hoyer
West and Main Homes Inc
List Price
$1,699,000
Sold Price
$1,525,000
Premium/Discount to List
-$174,000
-10.24%
Total Days on Market
134
Views
1240
Current Estimated Value
$1,501,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,277
Avg. Annual Appreciation
-1.19%
Original Mortgage
$560,000
Outstanding Balance
$553,328
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$948,395

Purchase Details

Closed on
Jun 13, 2023
Sold by
Sherman Street Townhomes Llc
Bought by
Rainton John and Olivar Sarah Mae

Purchase Details

Closed on
Sep 20, 2022
Sold by
1220 S Sherman St Llc
Bought by
Sherman Street Townhomes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,450,000
Interest Rate
5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Gaysie Kenneth $1,525,000 None Listed On Document
Rainton John $1,700,000 None Listed On Document
Sherman Street Townhomes Llc $1,100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaysie Kenneth $560,000
Previous Owner Sherman Street Townhomes Llc $3,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $1,525,000 -4.4% $474 / Sq Ft
11/07/2023 11/07/23 Price Changed $1,595,000 -6.1% $495 / Sq Ft
09/27/2023 09/27/23 For Sale $1,699,000 -- $528 / 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 $6,514 $82,250 $21,550 $60,700
2023 -- $26,310 $21,550 $4,760
2022 $4,241 $52,540 $52,470 $70
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3241139

REcolorado®

APN: 5221-11-023