NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,201,000

2 Beds
2 Baths
1,954 Sq Ft
$1,349/ mo HOA Fee

Last Sold July 11, 2024

Last sale price $1,260,000 $645 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $7,124/month

19 Days on Market

Highlights

  • 24-Hour Security
  • City View
  • Wood Flooring
  • Primary Bedroom Suite
  • Open Floorplan
  • 3-minute walk to Downtown Children's Playground

About This Home

As of July 2024

Incredible 550 square foot terrace spans the length of the unit with spectacular city and mountain views! All newer Pella windows throughout with French doors that open to the terrace from the living room and primary bedroom. Custom Tharp soft close walnut cabinetry, under cabinet and pendant lighting, expansive kitchen island with quartz counter tops, Thermador induction cook-top (gas line stubbed in at unit entry), microwave, self-cleaning oven, warming drawer and Sub Zero refrigerator and pantry. Beautiful maple hardwood floors throughout. Open and light filled space with built-in office. Huge primary suite with custom walnut built-in's, custom walk-in dual closets and spacious 5 pc bath with deep soaking tub, frameless dual head steam shower, expansive double sink vanity with quartz counter top, Idole wave tile and linen closet. Second bedroom has incredible fireworks display inset in the ceiling with murphy bed and custom walk-in closet. 2 primo parking spaces near elevator and storage cage. EV Parking Coming - Individual install at spaces to start in July with completion estimated by November @ $16 per month. Two communal spaces for residents with reservation/fee system to come. 1-gig high speed internet available. 24/7 concierge. New Butterfly video entry system at main lobby entrance. Delight in knowing that many major building enhancements have completed over the last several years, benefiting the new buyer. Friendly building with social events each quarter to engage your neighbors, if you wish to partake. Incredible building and location walk-able to Ball Arena, Coors Field, Empower Field as well as the Denver Center for Performing Arts, Larimer Square and Union Station with A-Line train to DIA.

Last Agent to Sell the Property

Angela Hacker

LIV Sotheby's International Realty Brokerage Email: ahacker@livsothebysrealty.com,303-250-4108 License #100001825 Listed on: 05/16/2024

LIV Sotheby's International Realty

Last Buyer's Agent

Ann Baumgartner

Compass - Denver License #100034493

Compass - Denver

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,418

Year Built

  • Built in 1997

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $1,349 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Heated Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 9th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,954 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

Schools

  • Greenlee Elementary School
  • Strive Westwood Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Seller`s personal property
  • Assessor Parcel Number 2331-19-163

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, recycling, security, sewer, snow removal, trash, water
  • 135 Units
  • East West Urban Management Association, Phone Number (720) 904-6904
  • High-Rise Condominium
  • Palace Lofts Community
  • Lodo Subdivision

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,418

Year Built

Built in 1997

Lot Details

348 Sq Ft Lot

HOA Fees

$1,349 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Palace Lofts
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 1954
  • Entry Location: Corridor Access
  • Exclusions: Seller`s personal property
  • Living Area: 1954
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Directions: Google Maps
  • SubdivisionName: LoDo
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2024-05-16
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.97297
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, No Stairs, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 9
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: East
  • Roof: Unknown
  • Construction Materials: Brick
  • View: City
  • Exterior Features: Balcony

Garage/Parking

  • Parking Features: Electric Vehicle Charging Station(s), Heated Garage
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Forced Air, Heat Pump
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/Parking, Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water
  • Association Name: East West Urban Management
  • Association Fee Frequency: Monthly
  • Association Fee: 1349
  • Phone: 720-904-6904
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 16188.00
  • REC_AssociationFeeTotalAnnual: 16188.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: www.eastwesturbanmanagement.com
  • REC_AssociationPrivateTransferPercentageOrFee: $0
  • REC_AssociationStatusLetterPercentageOrFee: $150
  • REC_AssociationTransferAmount: $150

Schools

  • Middle Or Junior School: Strive Westwood

Lot Info

  • Parcel Number: 2331-19-163
  • Building Area Total: 1954

Multi Family

  • Number Of Units Total: 135

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5418

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jul 9, 2024
Sold by
Babin Peter B and Babin Mary E
Bought by
Poppie Bradley A
Seller's Agent
Angela Hacker
LIV Sotheby's International Realty
Buyer's Agent
Ann Baumgartner
Compass - Denver
List Price
$1,295,000
Sold Price
$1,260,000
Premium/Discount to List
-$35,000
-2.7%
Views
17
Current Estimated Value
$1,034,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$225,077
Avg. Annual Appreciation
-11.57%
Original Mortgage
$1,134,000
Outstanding Balance
$1,117,533
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
-$82,610

Purchase Details

Closed on
Jan 10, 2019
Sold by
Hacker Dino V and Hacker Angela D
Bought by
Babin Peter B and Babin Mary E

Purchase Details

Closed on
May 23, 2012
Sold by
Shelton James M
Bought by
Hacker Dino and Hacker Angela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 1998
Sold by
National Palace Lofts Associates Lp
Bought by
Shelton James M and Shelton Renee D
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
Poppie Bradley A $1,260,000 First American Title
Babin Peter B $1,225,000 First American Title
Hacker Dino $719,000 Guardian Title
Shelton James M $454,900 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poppie Bradley A $1,134,000
Previous Owner Hacker Dino $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2024 07/11/24 Sold $1,260,000 -2.7% $645 / Sq Ft
05/16/2024 05/16/24 For Sale $1,295,000 -- $663 / Sq Ft
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 $5,522 $78,470 $7,800 $7,800
2024 $5,522 $69,720 $4,350 $65,370
2023 $5,849 $69,720 $4,350 $65,370
2022 $5,849 $76,180 $8,330 $67,850
2021 $5,849 $78,380 $8,570 $69,810
2020 $6,295 $84,850 $7,920 $76,930
2019 $6,119 $84,850 $7,920 $76,930
2018 $5,925 $76,580 $5,310 $71,270
2017 $5,907 $76,580 $5,310 $71,270
2016 $6,814 $83,560 $4,991 $78,569
2015 $6,528 $83,560 $4,991 $78,569
2014 $4,778 $57,530 $3,526 $54,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6769035

REcolorado®

APN: 2331-19-163

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