NOT LISTED FOR SALE

Estimated Value: $428,102 - $467,000

1 Bed
1 Bath
982 Sq Ft
$707/mo HOA Fee

Last Sold May 31, 2024

Last sale price $465,000 $474 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,278/month

22 Days on Market

Highlights

  • Concierge
  • Elevator
  • Forced Air Heating and Cooling System
  • Fitness Center
  • Security Service
  • 3-minute walk to Downtown Children's Playground

About This Home

As of May 2024

Welcome to urban luxury living at its finest in the heart of downtown Denver. The open-concept layout seamlessly blends the living, dining, and kitchen areas, creating a perfect space for both relaxation and entertaining. This unit's kitchen features stainless steel appliances and a generous sized granite island. The living room is bathed in natural light, creating a warm and inviting atmosphere to unwind after a busy day. Step out onto the private balcony and soak in the sights of downtown Denver bustling below, with the iconic peaks of the Rockies as a stunning backdrop. Residents of this exclusive building enjoy a wealth of amenities, including a rooftop terrace with panoramic views, a fitness center, concierge service, and secure parking. With direct access to downtown's vibrant cultural scene, restaurants, shops, and entertainment options, you'll experience the best that Denver has to offer right at your doorstep!

Last Agent to Sell the Property

Dominic Atencio

Thrive Real Estate Group Brokerage Email: dominic@thrivedenver.com,720-784-5144 License #100071388 Listed on: 04/23/2024

Thrive Real Estate Group

Last Buyer's Agent

Stevenson Farnsworth

1858 Real Estate License #100086688

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1997

Lot Details

  • 1 Common Wall

HOA Fees

  • $707 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 982 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Greenlee Elementary School
  • Kipp Sunshine Peak Academy Middle School
  • West Leadership High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller`s Personal Property, TV Mount in Living Room, Headboard in Bedroom
  • Assessor Parcel Number 2331-19-120

Community Details

Overview

  • Association fees include reserves, ground maintenance, maintenance structure, on-site check in, recycling, security, sewer, snow removal, trash, water
  • East West Urban Management Association, Phone Number (720) 904-6904
  • Mid-Rise Condominium
  • Lodo Subdivision
  • Community Parking

Amenities

  • Concierge
  • Elevator
  • Community Storage Space

Recreation

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,404

Year Built

Built in 1997

Lot Details

0

HOA Fees

$707 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid Rise (4-7)
  • Levels: Three Or More
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 982
  • Exclusions: Seller`s Personal Property, TV Mount in Living Room, Headboard in Bedroom
  • Living Area: 982
  • SubdivisionName: LoDo
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.91176
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Other
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Utilities: Cable Available, Electricity Available, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Maintenance Grounds, Maintenance Structure, On-Site Check In, Recycling, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: East West Urban Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Concierge, Elevator(s), Fitness Center, Parking, Security, Storage
  • Association Fee: 707
  • Phone: 720-904-6904
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 8484.00
  • REC_AssociationFeeTotalAnnual: 8484.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: www.palacelofts.org

Schools

  • Middle Or Junior School: KIPP Sunshine Peak Academy

Lot Info

  • Parcel Number: 2331-19-120
  • Building Area Total: 982

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2404

MLS Schools

  • Elementary School: Greenlee
  • High School: West Leadership

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 31, 2024
Sold by
Stoner James W
Bought by
Santilli Paul and Santilli Susan
Seller's Agent
Dominic Atencio
Thrive Real Estate Group
Buyer's Agent
Stevenson Farnsworth
1858 Real Estate
List Price
$510,000
Sold Price
$465,000
Premium/Discount to List
-$45,000
-8.82%
Views
23
Current Estimated Value
$453,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,474
Avg. Annual Appreciation
-1.57%

Purchase Details

Closed on
May 29, 2014
Sold by
Petty Robert M and Petty Ryan M
Bought by
Stoner James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Walther Joshua C and Rohn Kimberly G
Bought by
Petty Robert M and Petty Ryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2000
Sold by
Fenton Stephen J
Bought by
Walther Joshua C and Rohn Kimberly G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.72%

Purchase Details

Closed on
May 12, 1998
Sold by
National Palace Lofts Associates Lp
Bought by
Fenton Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
7.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Santilli Paul $465,000 None Listed On Document
Stoner James W $375,000 Fidelity National Title Ins
Petty Robert M $370,000 Land Title Guarantee Company
Walther Joshua C $310,000 Land Title
Fenton Stephen J $204,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoner James W $225,000
Previous Owner Petty Robert M $195,000
Previous Owner Walther Joshua C $180,000
Previous Owner Fenton Stephen J $193,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $465,000 -3.1% $474 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $479,999 -5.9% $489 / Sq Ft
04/23/2024 04/23/24 For Sale $510,000 -- $519 / 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 $2,343 $29,580 $560 $29,020
2023 $2,321 $29,580 $560 $29,020
2022 $2,321 $30,230 $4,400 $25,830
2021 $2,321 $31,100 $4,530 $26,570
2020 $2,413 $32,520 $4,180 $28,340
2019 $2,345 $32,520 $4,180 $28,340
2018 $2,441 $31,550 $2,810 $28,740
2017 $2,434 $31,550 $2,810 $28,740
2016 $2,447 $30,010 $2,635 $27,375
2015 $2,345 $30,010 $2,635 $27,375
2014 $1,922 $23,140 $1,863 $21,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5574956

REcolorado®

APN: 2331-19-120