NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,364,000

2 Beds
2 Baths
2,312 Sq Ft
436 Sq Ft Lot

Highlights

  • Concierge
  • Spa
  • City View
  • Fitness Center
  • Primary Bedroom Suite
  • 3-minute walk to Downtown Children's Playground

About This Home

As of January 2025

Elegance and convenience converge in this fully updated loft located in the prestigious full-service Palace Lofts. Prepare to be captivated as you enter this corner residence, greeted by expansive walls of windows that bathe the home in natural light. The open floor plan is seamlessly divided by a double-sided gas fireplace, offering both warmth and ambiance. Host exquisite dinner parties in the brand-new chef's kitchen, featuring custom cabinetry, quartz countertops, and a Sub-Zero refrigerator. The sizable primary suite offers a tranquil retreat with a fully remodeled, spa-like five-piece bathroom and a newly designed walk-in closet. Guests will enjoy ultimate comfort in the spacious secondary bedroom, complete with its own private bathroom. There is even extra space for the perfect home office or library complete with floor-to-ceiling shelves. This condo truly excels with its expansive outdoor space—boasting one of the largest patios in LoDo at nearly 1,000 square feet. Unwind in the included hot tub, watch the sun set over the mountains, and relish perfect Denver days and evenings. Enjoy the convenience of two parking spaces, ideal for accommodating all your vehicles or reserving one for guests. This prime location places you within the heart of Lower Downtown and all its vibrant restaurants and nightlife. Union Station is just 4 blocks away, providing easy access to the airport or adventures in Golden. The recent $300,000 renovation went beyond just cosmetic updates to also include new patio and balcony doors, as well as a new heat pump, ensuring this home will remain low maintenance for years to come. Palace Lofts features a full time concierge, a gym, an office center, and a common rooftop deck. This rare gem in a perfect location offers an unparalleled living experience. Welcome home. Owner pays for: Gas, Heat, Recycling, Trash, Water. Tenant is responsible for: Electricity, Cable, Internet, Move-In Fees ($200 non-refundable).

Last Agent to Rent the Property

Jeff Plous

Hatch Realty, LLC Brokerage Email: jeff@hatchdenver.com,303-317-5758 License #100023097 Listed on: 01/02/2025

Last Renter's Agent

Jeff Plous

Hatch Realty, LLC Brokerage Email: jeff@hatchdenver.com,303-317-5758 License #100023097 Listed on: 01/02/2025

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1997

Lot Details

  • 1 Common Wall
  • Southwest Facing Home

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Heated Garage

Property Views

  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Rooftop Access

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Security Deposit $5,000
  • Property Available on 1/2/25
  • Exclusions: Staging Items
  • The owner pays for association fees, exterior maintenance, gas, grounds care, insurance, taxes, trash collection, water
  • 12 Month Lease Term

Community Details

Overview

  • High-Rise Condominium
  • Lodo Subdivision

Amenities

  • Concierge
  • Business Center
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • Pet Deposit $300
  • $50 Monthly Pet Rent
  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Year Built

Built in 1997

Lot Details

436 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2025-01-02
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Exterior Maintenance, Gas, Grounds Care, Insurance, Taxes, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Architectural Style: Loft, Urban Contemporary
  • Structure Type: High Rise (8+)
  • Levels: One
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 2312
  • Exclusions: Staging Items
  • Living Area: 2312
  • Pets Allowed: Cats OK, Dogs OK
  • SubdivisionName: LoDo
  • Property Attached Yn: Yes
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_SecurityDeposit: 5000.00
  • REC_PetDeposit: 300.00
  • REC_PetRent: 50.00
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Range Hood, Refrigerator, Wine Cooler
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, No Stairs, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Walk-In Closet(s)
  • Flooring: Wood
  • Full Bathrooms: 2
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 7
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: Southwest
  • View: City, Mountain(s)
  • Exterior Features: Balcony, Lighting, Spa/Hot Tub
  • Patio and Porch Features: Patio, Rooftop

Garage/Parking

  • Parking Features: Heated Garage, Storage, Underground
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Amenities: Bike Storage, Business Center, Concierge, Fitness Center, Front Desk, Security, Storage
  • 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: KIPP Sunshine Peak Academy

Lot Info

  • Building Area Total: 2312

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2025
Sold by
Arenson David Lee and Arenson Christine Ann
Bought by
Bailey Cda Llc
Current Estimated Value
$1,317,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$498,583
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$732,935

Purchase Details

Listed on
Jan 2, 2025
Closed on
Jan 6, 2025
Sold by
Arenson David and Arenson Christine
Bought by
Bailey Cda Llc
Seller's Agent
Jeff Plous
Hatch Realty, LLC
Buyer's Agent
Jeff Plous
Hatch Realty, LLC
Sold Price
$5,000
Views
8

Purchase Details

Closed on
Oct 30, 2019
Sold by
Domenico David A
Bought by
Arenson David Lee and Arenson Christine Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 6, 1999
Sold by
Seffinger Frank
Bought by
Domenico David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 16, 1998
Sold by
National Palace Lofts Associates Lp
Bought by
Seffinger Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.12%
Source: Public Records
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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
Bailey Cda Llc -- None Listed On Document
Bailey Cda Llc -- None Listed On Document
Arenson David Lee $1,425,000 Land Title Guarantee Co
Domenico David A $755,000 Land Title
Seffinger Frank $493,298 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Cda Llc $500,000
Previous Owner Arenson David Lee $1,140,000
Previous Owner Domenico David A $450,000
Previous Owner Seffinger Frank $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Rented $5,000 0.0% --
01/02/2025 01/02/25 For Rent $5,000 -- --
Source: REcolorado®

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
2025 $6,624 $104,090 $9,640 $9,640
2024 $6,624 $83,630 $6,240 $77,390
2023 $3,240 $83,630 $6,240 $77,390
2022 $7,015 $91,380 $10,300 $81,080
2021 $7,015 $94,010 $10,600 $83,410
2020 $6,672 $89,920 $9,780 $80,140
2019 $6,485 $89,920 $9,780 $80,140
2018 $7,090 $91,640 $6,570 $85,070
2017 $7,069 $91,640 $6,570 $85,070
2016 $7,285 $89,340 $6,169 $83,171
2015 $6,980 $89,340 $6,169 $83,171
2014 $5,681 $68,400 $4,354 $64,046
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9050502

REcolorado®

APN: 2331-19-150

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