NOT LISTED FOR SALE

Estimated Value: $596,000 - $639,000

2 Beds
2 Baths
1,127 Sq Ft
218 Sq Ft Lot

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • City View
  • Clubhouse
  • 3-minute walk to Downtown Children's Playground

About This Home

As of March 2023

This location is unbeatable within historic Lower Downtown Denver. Within reach are Union Station, Coors Field, Larimer Square, the light rail and more! Hop on your bike and head down the Cherry Creek trail or catch the Mall Ride to the Paramount Theater for a concert. Tall 10 ft. ceilings and expansive windows provide for the full loft experience, but with 2 defined bedrooms and bathrooms for privacy. Refinished kitchen with cherry wood cabinets, stainless steel appliances, and granite counters complete the look. By far the most impressive feature of this home is the 112 Sq Ft balcony with rarely found views of the Denver skyline and the Rocky Mountains. This unit also has another rare find- 2 parking spaces (tandem)! The building itself has a lobby with an onsite front desk manager, 24 Hour Concierge, a lounge, fitness center, a rooftop with BBQ grills and ever more views.

Last Agent to Rent the Property

Susan Chong

Iconique Real Estate, LLC License #40026748 Listed on: 02/10/2023

Last Renter's Agent

Susan Chong

Iconique Real Estate, LLC License #40026748 Listed on: 02/10/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1997

Lot Details

  • 218

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,127 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Greenlee Elementary School
  • Grant Middle School
  • West High School

Additional Features

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,250
  • Property Available on 2/10/23
  • Exclusions: Sellers Personal Property and Staging Furniture
  • The owner pays for association fees, exterior maintenance, gas, grounds care, taxes, trash collection
  • 12 Month Lease Term
  • $29 Application Fee

Community Details

Overview

  • Mid-Rise Condominium
  • Palace Lofts Community
  • Downtown Subdivision

Amenities

  • Clubhouse
  • Business Center

Recreation

Security

  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,686

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • Application Fee: 29.00
  • Available Date: 02/10/2023
  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Exterior Maintenance, Gas, Grounds Care, Taxes, Trash Collection
  • Security Deposit: 3250.00
  • Rented Price: 3250.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: Palace Lofts
  • Above Grade Price per Sq Ft: 2.88
  • Finished Price per Sq Ft: 2.88
  • Total Price per Sq Ft: 2.88
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1127.00
  • Deposits Potentially Refundable: Security Deposit
  • Entry Location: Corridor Access
  • Exclusions: Sellers Personal Property and Staging Furniture
  • Living Area: 1127.00
  • Rental Listed By: Lease Only
  • Rented Date: 03/22/2023
  • Rent Security Deposit To: Landlord
  • SubdivisionName: Downtown
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Room Count: 7
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 6
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • View: City
  • Exterior Features: Balcony

Garage/Parking

  • Parking Features: Tandem
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Amenities: Business Center, Clubhouse, Fitness Center, Front Desk

Schools

  • School District: Denver 1
  • Elementary School: Greenlee
  • Middle School: Grant
  • High School: West
  • Middle Or Junior School: Grant

Lot Info

  • Building Area Total: 1127.00

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
Poulin Robert J and Estate Of Suzanne Poulin
Bought by
Peters Don
Current Estimated Value
$624,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,440
Outstanding Balance
$270,458
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$353,673

Purchase Details

Closed on
May 28, 2004
Sold by
Badger Peter M
Bought by
Degnan Suzanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2003
Sold by
Mair Carolyn L
Bought by
Badger Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 1999
Sold by
Vinnola Daniel R
Bought by
Mair Carolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.63%

Purchase Details

Closed on
Apr 24, 1998
Sold by
National Palace Lofts Associates Lp
Bought by
Vinnola Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,650
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
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
Peters Don $507,400 First American Title
Degnan Suzanne P $385,000 Land Title Guarantee Company
Badger Peter M $357,500 Land Title
Mair Carolyn L $345,000 North American Title Co
Vinnola Daniel R $40,000 First American Heritage Titl
Vinnola Daniel R $185,958 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Don $304,440
Previous Owner Degnan Suzanne P $250,000
Previous Owner Badger Peter M $286,000
Previous Owner Mair Carolyn L $207,000
Previous Owner Vinnola Daniel R $214,650
Closed Badger Peter M $53,625
Closed Degnan Suzanne P $115,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Rented $3,250 0.0% --
02/10/2023 02/10/23 For Rent $3,250 -- --
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 $2,686 $33,910 $1,180 $32,730
2023 $2,753 $33,910 $1,180 $32,730
2022 $2,753 $35,870 $5,050 $30,820
2021 $2,753 $36,900 $5,190 $31,710
2020 $2,519 $33,950 $4,790 $29,160
2019 $2,448 $33,950 $4,790 $29,160
2018 $2,587 $33,440 $3,220 $30,220
2017 $2,579 $33,440 $3,220 $30,220
2016 $2,681 $32,880 $3,025 $29,855
2015 $2,569 $32,880 $3,025 $29,855
2014 $1,987 $23,920 $2,133 $21,787
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2934568

REcolorado®

APN: 2331-19-135