$537,680 - $847,000
RENTED MAY 25, 2025
2 Beds
2 Baths
1,124 Sq Ft
1997 Built

Highlights

  • Fitness Center
  • Open Floorplan
  • Property is near public transit
  • City View
  • Contemporary Architecture
  • 3-minute walk to Downtown Children's Playground

About This Home

As of May 2025

Fantastic loft in heart of Lower Downtown! Palace Lofts unit has 1124 sq ft with hardwood floors, 10-foot ceilings, high-end finishes, large balcony and great city/mountain views. Gorgeous brick wall in living area with picture hanging system. Kitchen boasts open design featuring granite counter-tops, appliances, and large island. Primary bedroom is spacious with walk-in closet. Other features include central heat/AC, a washer/dryer, and one parking space in building garage. Palace Lofts is a secure building with a full-time, 24-hour lobby attendant/keyless entry. Building has a fitness area, conference room, and roof top deck with stunning view of the city (access subject to local orders and opening by building management). Unique loft & building location allows short walks to Ball Arena, Coors Field, the Performing Arts Center, Union Station (for all public transportation - Light Rail, Ski Train, RTD Airport & 16th St. Mall Shuttles), the Convention Center, the 16th Street Mall, UC Denver Auraria Campus, restaurants, live music, shopping, dining and more! No smoking, no cats. One small to medium sized dog only.

Last Agent to Rent the Property

Debra Arterbury

Silverwood Real Estate Services LLC Brokerage Email: debbie.arterbury@comcast.net,303-883-3945 License #100033897 Listed on: 05/02/2025

Last Renter's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1997

Parking

  • 1 Car Garage

Property Views

  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,124 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Family Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

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

Utilities

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

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $3,100
  • Property Available on 5/15/25
  • The owner pays for association fees, trash collection, water
  • 12 Month Lease Term
  • $54 Application Fee

Community Details

Overview

  • High-Rise Condominium
  • Palace Lofts Community
  • Lodo Subdivision

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $300
  • $35 Monthly Pet Rent
  • Dogs Allowed

Security

  • Security Service

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,941

Year Built

Built in 1997

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2025-05-15
  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Palace Lofts
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1124
  • Exclusions: Personal property.
  • Living Area: 1124
  • Pets Allowed: Dogs OK, Number Limit, Size Limit
  • SubdivisionName: LoDo
  • Property Attached Yn: Yes
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_ApplicationFee: 54.00
  • REC_SecurityDeposit: 3100.00
  • REC_PetDeposit: 300.00
  • REC_PetRent: 35.00
  • Ratio Close Price By Original Li: 1.00000
  • Attribution Contact: debbie.arterbury@comcast.net,303-883-3945
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Wood
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 7
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • View: City, Mountain(s)
  • Exterior Features: Balcony

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Amenities: Fitness Center, Security
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Building Area Total: 1124
  • Lot Features: Near Public Transit

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2003
Sold by
Rose Bryan K
Bought by
Schuler Mark J and Schuler Thu
Current Estimated Value
$664,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
5.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 29, 1998
Sold by
Shannon Timothy M and Shannon William J
Bought by
Rose Bryan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.09%

Purchase Details

Closed on
Apr 9, 1998
Sold by
National Palace Lofts Associates L P
Bought by
Shannon Timothy M and Shannon William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%
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
Schuler Mark J -- --
Rose Bryan K $247,500 Stewart Title
Shannon Timothy M $230,352 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose Bryan K $215,950
Closed Rose Bryan K $100,000
Previous Owner Rose Bryan K $269,000
Previous Owner Rose Bryan K $270,000
Previous Owner Rose Bryan K $100,000
Previous Owner Rose Bryan K $24,750
Previous Owner Rose Bryan K $30,000
Previous Owner Rose Bryan K $198,000
Previous Owner Shannon Timothy M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 Rented $3,100 0.0% --
05/02/2025 05/02/25 For Rent $3,100 -- --
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 $2,941 $37,130 $1,170 $35,960
2023 $3,035 $37,130 $1,170 $35,960
2022 $3,035 $39,530 $5,040 $34,490
2021 $3,035 $40,670 $5,180 $35,490
2020 $2,665 $35,920 $4,780 $31,140
2019 $2,590 $35,920 $4,780 $31,140
2018 $2,877 $37,190 $3,210 $33,980
2017 $2,869 $37,190 $3,210 $33,980
2016 $3,200 $39,240 $3,017 $36,223
2015 $3,066 $39,240 $3,017 $36,223
2014 $2,441 $29,390 $2,133 $27,257
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1848608

REcolorado®

APN: 2331-19-139