NOT LISTED FOR SALE

Estimated Value: $516,000 - $538,000

1 Bed
1 Bath
896 Sq Ft
$465/mo HOA Fee

Last Sold December 22, 2023

Last sale price $565,000 $631 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,555/month

19 Days on Market

Highlights

  • Penthouse
  • Mountain View
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit
  • 5-minute walk to Downtown Children's Playground

About This Home

As of December 2023

Extraordinary Monarch Mills 8th Floor Penthouse Loft with City/Skyline & Mountain Views in Lodo/Riverfront Park. 1 Garage space on level 1 two spaces from lobby entrance #25, track lighting, wood floors, granite counter tops, stainless steel appliances, stackable washer/dryer, center island with eating bar, lots of windows with upper remote controlled blinds, open floor plan, fireplace in great room, lots of natural light, cherry cabinetry, walk-in closet with organizer, 38'x6.3' balcony. Wonderful location close to Ball Arena, Coors Field, Restaurants, Museums, Shopping, Light Rail, Union Station, Parks & Trails. This unit is not income restricted.

Last Agent to Sell the Property

Frank Mequet

RE/MAX Professionals Brokerage Email: re-frank@juno.com,303-771-9400 License #001311552 Listed on: 11/07/2023

RE/MAX Professionals

Last Buyer's Agent

Kimberly McAleenan

Realty One Group Five Star License #100068600

Realty One Group Five Star

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 2005

Lot Details

  • 174

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Steel Beams
  • Concrete Block And Stucco Construction

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Double Pane Windows
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered Patio or Porch

Schools

  • Greenlee Elementary School
  • Kepner Middle School
  • West High School

Utilities

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

Additional Features

  • Smoke Free Home
  • South Facing Home
  • Property is near public transit

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number 2332-15-132

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, sewer, shuttle available, trash, valet parking, water
  • Monarch Mills Association, Phone Number (303) 595-8710
  • High-Rise Condominium
  • Monarch Mills Community
  • Lodo Subdivision
  • Community Parking

Amenities

  • Community Storage Space
  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,886

Year Built

Built in 2005

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Monarch Mills
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 896
  • Entry Location: Penthouse
  • Exclusions: None
  • Living Area: 896
  • Pets Allowed: Cats OK, Dogs OK
  • Directions: From 15th And Delgany Street go south to the middle of the block turn right on the west side of the street. Visitor parking available in a few spots in the front of the building. Metered parking along Delgany. Public parking a block away on Wewatta Street and 15th Avenue.
  • SubdivisionName: LoDo
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.99123
  • Attribution Contact: re-frank@juno.com,303-771-9400
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplaces: 1
  • Interior Amenities: Elevator, Granite Counters, Jack & Jill Bathroom, Kitchen Island, Open Floorplan, Pantry, Smoke Free
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Gas, Gas Log, Great Room
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Entry Level: 8
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Roof: Unknown
  • Construction Materials: Brick, Concrete, Steel, Stucco
  • View: Mountain(s)
  • Exterior Features: Balcony, Elevator
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1
  • REC_ParkingCount: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Shuttle Available, Trash, Valet Parking, Water
  • Association Name: Monarch Mills
  • Association Fee Frequency: Monthly
  • Association Amenities: Elevator(s), Parking, Storage
  • Association Fee: 464.77
  • Phone: 303-595-8710
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 5577.24
  • REC_AssociationFeeTotalAnnual: 5577.24
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: http://www.marketstreetmanage.com
  • REC_AssociationStatusLetterPercentageOrFee: $300
  • REC_AssociationTransferAmount: $200

Schools

  • Middle Or Junior School: Kepner

Lot Info

  • Parcel Number: 2332-15-132
  • Building Area Total: 896
  • Lot Features: Near Public Transit

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2886

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Dec 22, 2023
Sold by
Heuer Trust
Bought by
White Alexander J
Seller's Agent
Frank Mequet
RE/MAX Professionals
Buyer's Agent
Kimberly McAleenan
Realty One Group Five Star
List Price
$570,000
Sold Price
$565,000
Premium/Discount to List
-$5,000
-0.88%
Views
59
Current Estimated Value
$526,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,799
Avg. Annual Appreciation
-4.10%
Original Mortgage
$515,000
Outstanding Balance
$500,471
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$25,730

Purchase Details

Closed on
Feb 19, 2021
Sold by
Heuer Elke
Bought by
The Heuer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2018
Sold by
Heuer Elke
Bought by
The Heuer Trusts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Monarch Mills Llc
Bought by
Ellis James H and Ellis Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac
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
White Alexander J $565,000 Land Title
The Heuer Trust -- First American Title
Heuer Elke -- First American Title
The Heuer Trusts -- None Available
Heuer Elke $438,750 First American Title
Ellis James H $391,275 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Alexander J $515,000
Previous Owner Heuer Elke $321,000
Previous Owner Heuer Elke $326,250
Previous Owner Ellis James H $266,000
Previous Owner Ellis James H $313,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $565,000 -0.9% $631 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $570,000 -- $636 / 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 $2,750 $31,900 $2,730 $29,170
2023 $2,695 $31,900 $2,730 $29,170
2022 $2,886 $32,970 $2,840 $30,130
2021 $2,886 $33,920 $2,920 $31,000
2020 $2,624 $31,930 $2,920 $29,010
2019 $2,558 $31,930 $2,920 $29,010
2018 $2,577 $29,500 $2,640 $26,860
2017 $2,578 $29,500 $2,640 $26,860
2016 $2,943 $32,150 $3,248 $28,902
2015 $2,994 $32,150 $3,248 $28,902
2014 $1,746 $17,630 $1,234 $16,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1502921

REcolorado®

APN: 2332-15-132