$505,000
SOLD JAN 24, 2022
1 Bed
1 Bath
1,142 Sq Ft
871 Sq Ft Lot

Recently Sold

$442 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Open Floorplan
  • Fitness Center
  • Rooftop Deck
  • 3-minute walk to Downtown Children's Playground

About This Home

As of January 2022

COMING SOON! Showings start on Saturday 12/18/21. Buy this Condominium & We’ll Buy Yours!* Monthly Payment as low as $1,741* This Awesome condominium in the Palace Lofts has every detail you could want. The Gourmet Kitchen features Stainless Steel Appliances and a Huge Prep Island with Marble Counter top! The Kitchen flows into a very spacious Great Room that is perfect for entertaining or just relaxing with family and friends. The Owner’s Suite boasts a very spacious custom closet. The rooftop common area patio has a amazing view of downtown as well as the beautiful Colorado sunsets and sunrises. The Palace Lofts also features a concierge, fitness center as well as a underground deeded parking space and a assigned storage room. Don’t miss out on seeing this awesome condo! *The Approx. $1,741 Monthly payment is Conventional Financing, Principal and Interest only, based upon an interest rate of 3.125% (apr 3.158%) 30- year mortgage at 80% Loan to Value. Interest rate and APR are subject to change.*cond.apply

Last Agent to Sell the Property

Evan Watson

Your Home Sold Guaranteed Realty - Premier Partners License #100036740 Listed on: 12/16/2021

Co-Listed By

William Watson

Your Home Sold Guaranteed Realty - Premier Partners License #000303841

Last Buyer's Agent

Jamie Bearden

Your Castle Real Estate Inc License #100079177

Your Castle Real Estate Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 1997

HOA Fees

  • $494 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,142 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Central Vacuum
  • Great Room

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Smart Appliances
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Smart Locks
  • Water Leak Detection System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Secured Garage or Parking

Eco-Friendly Details

  • Smoke Free Home
  • Air Quality Monitoring System

Outdoor Features

  • Rooftop Deck
  • Exterior Lighting

Schools

  • Greenlee Elementary School
  • West Leadership Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Seller's Personal Property
  • Assessor Parcel Number 2331-19-080

Community Details

Overview

  • Association fees include gas, maintenance structure, recycling, snow removal, trash, water
  • Skyline Management Association, Phone Number (303) 758-4355
  • High-Rise Condominium
  • Palace Lofts Community
  • Lodo Subdivision
  • Community Parking

Amenities

  • Concierge
  • Clubhouse
  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Card or Code Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,374

Year Built

Built in 1997

Lot Details

0

HOA Fees

$494 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Palace Lofts
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1142
  • Exclusions: Seller's Personal Property
  • Living Area: 1142
  • Pets Allowed: Cats OK, Dogs OK
  • SubdivisionName: LoDo
  • Co List Office Mls Id: RECM3971
  • Co List Office Phone: 303-842-0836
  • Ownership: Individual
  • 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: 1.02020
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Smart Appliances, Washer
  • Interior Amenities: Central Vacuum, Elevator, Kitchen Island, Marble Counters, No Stairs, Open Floorplan, Smoke Free, Stone Counters, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Rolled/Hot Mop
  • Construction Materials: Brick, Concrete
  • Exterior Features: Elevator, Lighting
  • Patio and Porch Features: Rooftop
  • Road Surface Type: Paved

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room, Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Security: 24 Hour Security, Air Quality Monitor, Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/Parking, Security Entrance, Security Guard, Smart Locks, Smoke Detector(s), Water Leak/Flood Alarm

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Maintenance Structure, Recycling, Snow Removal, Trash, Water
  • Association Name: Skyline Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Bike Maintenance Area, Bike Storage, Clubhouse, Concierge, Fitness Center, Front Desk, Laundry, Parking, Storage
  • Association Fee: 494
  • Phone: 303-758-4355
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 5928.00
  • REC_AssociationFeeTotalAnnual: 5928.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.palacelofts.org

Schools

  • Middle Or Junior School: West Leadership

Lot Info

  • Parcel Number: 2331-19-080
  • Building Area Total: 1142

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2374

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 24, 2022
Sold by
Kirkpatrick Jr Keith B
Bought by
Claudon Ryan and Claudon Amber
Seller's Agent
Evan Watson
Your Home Sold Guaranteed Realty - Premier Partners
Buyer's Agent
Jamie Bearden
Your Castle Real Estate Inc
List Price
$494,999
Sold Price
$505,000
Premium/Discount to List
$10,001
2.02%
Total Days on Market
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$479,750
Outstanding Balance
$447,532
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$110,754

Purchase Details

Closed on
Feb 26, 2018
Sold by
Veldman Caroline
Bought by
Kirkpatrick Keith B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2017
Sold by
Veldman Caroline
Bought by
Kiken Keneneth M

Purchase Details

Closed on
Nov 21, 2011
Sold by
Andrus Linda J
Bought by
Veldman Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2011
Sold by
Andrus Robert F
Bought by
Andrus Linda J

Purchase Details

Closed on
Apr 1, 2011
Sold by
Andrus Linda J
Bought by
Haulte Property On Blake Llc

Purchase Details

Closed on
Mar 16, 2001
Sold by
Vaneeckhout Pamela
Bought by
Andrus Robert F and Andrus Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.04%

Purchase Details

Closed on
Jan 29, 2001
Sold by
Andrus Linda J
Bought by
Andrus Robert F and Andrus Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.04%

Purchase Details

Closed on
May 19, 1998
Sold by
National Palace Lofts Associates Lp
Bought by
Andrus Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,100
Interest Rate
7.11%
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 Type Sale Price Title Company
Warranty Deed $505,000 None Listed On Document
Warranty Deed $407,000 Land Title Guarantee Co
Warranty Deed $69,000 Land Title Guarantee Co
Warranty Deed $300,000 Land Title Guarantee Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Warranty Deed $30,000 --
Interfamily Deed Transfer -- --
Warranty Deed $161,435 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $479,750 New Conventional
Previous Owner $100,200 Commercial
Previous Owner $226,000 Adjustable Rate Mortgage/ARM
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $52,000 Credit Line Revolving
Previous Owner $272,000 No Value Available
Previous Owner $112,553 Unknown
Previous Owner $129,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $500,000 -1.0% $438 / Sq Ft
01/24/2022 01/24/22 Sold $505,000 +2.0% $442 / Sq Ft
12/19/2021 12/19/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $494,999 -- $433 / 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 $2,463 $31,100 $1,280 $29,820
2023 $2,672 $31,100 $1,280 $29,820
2022 $2,672 $34,810 $5,150 $29,660
2021 $2,672 $35,810 $5,300 $30,510
2020 $2,374 $32,000 $4,890 $27,110
2019 $2,308 $32,000 $4,890 $27,110
2018 $2,443 $31,580 $3,280 $28,300
2017 $2,436 $31,580 $3,280 $28,300
2016 $2,269 $27,820 $3,081 $24,739
2015 $2,173 $27,820 $3,081 $24,739
2014 $1,884 $22,680 $2,173 $20,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6372998

REcolorado®

APN: 2331-19-080