NOT LISTED FOR SALE

1368 N Downing St Unit 5 Denver, CO 80218

Cheesman Park Neighborhood

Estimated Value: $242,000 - $286,000

1 Bed
1 Bath
564 Sq Ft
$292/mo HOA Fee

Last Sold June 05, 2023

Last sale price $300,000 $532 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,773/month

4 Days on Market

Highlights

  • No Units Above
  • Gated Community
  • Open Floorplan
  • Morey Middle School Rated A-
  • City View
  • Wood Flooring

About This Home

As of June 2023

Bright, open, and renovated Victorian unit in Cheesman Park neighborhood! 10 foot ceilings with original crown molding, cast iron radiators, and giant windows add tons of old world charm to this top corner unit. Recent updates include newly installed hardwood floors in bedroom (restored hardwoods in living room/kitchen), new ceiling fans, and fresh paint throughout. Added convenience with in-unit laundry and a large storage unit located in the gated/secure courtyard. Building boiler was just replaced (2022) and Special Assessment paid by seller in full. Skyscraper views from the west facing window. Thump coffee shop is located on this block and there are countless restaurants, bars, shops, grocery options, venues, and bike paths within close proximity (Ogden Theatre: .2 miles, Filmore Theatre: .3 mi, Cheesman Park: .3 mi, Natural Grocers: .4 mi, Ideal Market: .5 mi, King Soopers: .6 mi). This is city living at its best!!!

Last Agent to Sell the Property

Dirk Boden

Bradford Real Estate License #100068007 Listed on: 05/17/2023

Last Buyer's Agent

Nick Crothers

Open Real Estate Inc. License #100078330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1901 | Remodeled

Lot Details

  • No Units Above
  • 1 Common Wall
  • Property is Fully Fenced
  • Front Yard Sprinklers

HOA Fees

  • $292 Monthly HOA Fees

Home Design

  • Membrane Roofing
  • Stucco

Interior Spaces

  • 564 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Wood Flooring
  • City Views

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Water Heater

Listing and Financial Details

  • Exclusions: Personal Property & Staging Furniture
  • Assessor Parcel Number 5022-15-055

Community Details

Overview

  • Association fees include capital reserves, heat, insurance, ground maintenance, maintenance structure, security, sewer, snow removal, trash, water
  • 8 Units
  • K3 Management Association, Phone Number (303) 798-0054
  • Visit Association Website
  • Low-Rise Condominium
  • Marquette Community
  • Cheesman Park Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Garden

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,156

Year Built

Built in 1901 | Remodeled

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Building Name: Marquette
  • Above Grade Price per Sq Ft: 531.91
  • Finished Price per Sq Ft: 531.91
  • Total Price per Sq Ft: 531.91
  • Year Built: 1901
  • Above Grade Finished Sq Ft: 564.00
  • Annual Association Fee: 3504.00
  • Exclusions: Personal Property & Staging Furniture
  • Living Area: 564.00
  • Restrictions Covenants: Lease Restrictions
  • Restrictions Covenants: Yes
  • Property Condition: Updated/Remodeled
  • SubdivisionName: Cheesman Park
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Kitchen Island, Open Floorplan, Tile Counters
  • Flooring: Wood
  • Full Bathrooms: 1
  • Room Count: 5
  • Common Walls: No One Above, 1 Common Wall
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Membrane
  • Construction Materials: Stucco
  • View: City

Utilities

  • Sewer: Community
  • Heating: Hot Water
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Security Entrance

Condo/Co-op/Association

  • HOA Fee Includes: Capital Reserves, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Security, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 3504.00
  • Association Name: K3 Management
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Garden Area, Gated
  • Association Fee: 292.00
  • Phone: 303-798-0054
  • Association Website: http://www.kmanagement.com/
  • 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: 5022-15-055
  • Fencing: Full
  • Building Area Total: 564.00
  • Lot Features: Corner Lot, Sprinklers In Front

Rental Info

  • Rentals Allowed: Long Term

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1156.00

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 5, 2023
Sold by
Boden Dirk F and Belden Amie
Bought by
Dixon Kim and Dixon J C
Seller's Agent
Dirk Boden
Bradford Real Estate
Buyer's Agent
Nick Crothers
Open Real Estate Inc.
List Price
$282,500
Sold Price
$300,000
Premium/Discount to List
$17,500
6.19%
Views
57
Current Estimated Value
$264,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,803
Avg. Annual Appreciation
-4.86%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Boden Dirk F and Boden Guenther
Bought by
Boden Dirk F and Belden Amie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,750
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2008
Sold by
Deon Anthony R and Deon Charlotte S
Bought by
Boden Dirk F and Boden Guenther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,600
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2004
Sold by
Dimig Aaron J and Dekok Kristen L
Bought by
Deon Anthony R and Deon Charlotte S

Purchase Details

Closed on
Dec 7, 2000
Sold by
Cm & Jj Developers Llc
Bought by
Dimig Aaron J and Dekok Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.72%
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
Dixon Kim $300,000 None Listed On Document
Boden Dirk F -- Assured Title
Boden Dirk F $119,500 Land Title
Deon Anthony R $132,500 Land Title Guarantee Company
Dimig Aaron J $140,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boden Dirk F $88,750
Previous Owner Boden Dirk F $95,600
Previous Owner Dimig Aaron J $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $300,000 +6.2% $532 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $282,500 -- $501 / 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 $969 $12,230 $2,040 $10,190
2023 $948 $12,230 $2,040 $10,190
2022 $1,156 $14,540 $2,120 $12,420
2021 $1,116 $14,960 $2,180 $12,780
2020 $1,347 $18,150 $1,820 $16,330
2019 $1,309 $18,150 $1,820 $16,330
2018 $1,080 $13,960 $1,650 $12,310
2017 $1,077 $13,960 $1,650 $12,310
2016 $897 $11,000 $1,616 $9,384
2015 $859 $11,000 $1,616 $9,384
2014 $671 $8,080 $1,799 $6,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7612945

REcolorado®

APN: 5022-15-055