$1,000,000
SOLD JUN 16, 2025
2 Beds
2 Baths
2,198 Sq Ft
$796/mo HOA Fee

Recently Sold

$455 Per Sq Ft

16% Below List Price

315 Days on Market

Highlights

  • Penthouse
  • 4-minute walk to Union Station: Lodo-Coors Field-16Th Street Mall
  • Primary Bedroom Suite
  • No Units Above
  • Rooftop Deck
  • City View

About This Home

As of June 2025

Location! Location! Location! Welcome home to the Historic Mercantile Square Lofts! Originally constructed in 1896 and updated over 100 years later. This loft offers tons of historic details, preserved and restored throughout, including original timber beams, exposed brick and concrete, and soaring ceilings. The ideal location is right across from Union Station and has direct access to I-25 and how about jumping on the commuter rail to get to Denver International Airport.Vintage industrial charm in the heart of LODO! The rustic charm of this building along with modern updates is the best of both worlds in this rare two story loft. Exposed brick, hickory hardwood floors, soaring 14 foot exposed plank ceilings, wood beams, chef’s kitchen with a La Cornue range and Sub-Zero Fridge, and luxurious spa-like master bath...no detail has been overlooked. Two deeded parking spots in secured garage. Gas line on main floor balcony. Ability to add a rooftop terrace/outdoor living space... amazing views! This unique loft is filled with charm and character and the LODO lifestyle can be yours, (just like SOHO in NYC) which by the way, condos in this building rarely come on the market. But if you feel like exploring the nearby area, there are many leisure and shopping options to keep your day eventful. Ball Arena, 16th Street Mall, Denver Center for the Performing Arts, and Coors Field are only a few of the countless attractions nearby. Of course, we can’t forget about the hundreds of restaurants just a few steps away from your front door. We are located two blocks from the Cherry Creek Running Trail and the Platte River Park, and a ten minute walk to the Lower Highlands, Commons Park, and River Front Park.

Last Agent to Sell the Property

Juanita Chacon

RE/MAX Alliance Brokerage Email: juanitachacon@remax.net,720-297-3005 License #230101 Listed on: 07/08/2024

RE/MAX Alliance

Last Buyer's Agent

Noah Ungar

HomeSmart License #100081735

HomeSmart

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,208

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • No Units Above
  • East Facing Home

HOA Fees

  • $796 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Exterior Access Door

Home Design

  • Penthouse
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,198 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Skylights
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Rooftop Deck

Schools

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

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 110 Volts
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Assessor Parcel Number 2331-05-031

Community Details

Overview

  • Association fees include heat, insurance, maintenance structure, sewer, trash, water
  • 16 Units
  • Cap Management Association, Phone Number (303) 832-2971
  • Mid-Rise Condominium
  • Mercantile Lofts Community
  • Lodo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,208

Year Built

Built in 1905 | Remodeled

Lot Details

0

HOA Fees

$796 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: Mid Rise (4-7)
  • Levels: Multi/Split
  • Building Name: Mercantile Lofts
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 2198
  • Entry Location: Penthouse
  • Exclusions: Tenants personal property
  • Living Area: 2198
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • SubdivisionName: LoDo
  • Ownership: Individual
  • Property Attached Yn: Yes
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2024-07-07
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.66667
  • Attribution Contact: juanitachacon@remax.net,720-297-3005
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Built-in Features, Elevator, Entrance Foyer, Five Piece Bath, High Ceilings, Open Floorplan, Primary Suite, Smoke Free
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Common Walls: No One Above
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Spa Features: Bath
  • Window Features: Skylight(s)

Exterior Features

  • Direction Faces: East
  • Roof: Rolled/Hot Mop
  • Construction Materials: Brick
  • View: City
  • Exterior Features: Balcony, Elevator
  • Patio and Porch Features: Rooftop
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Exterior Access Door
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Baseboard, Steam
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Heat, Insurance, Maintenance Structure, Sewer, Trash, Water
  • Association Name: CAP Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Elevator(s)
  • Association Fee: 796
  • Phone: 303-832-2971
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 9552.00
  • REC_AssociationFeeTotalAnnual: 9552.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.cpamagangement.com

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 2331-05-031
  • Fencing: None
  • Building Area Total: 2198
  • Lot Features: Near Public Transit

Multi Family

  • Number Of Units Total: 16

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8208

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2024
Closed on
Jun 13, 2025
Sold by
Eaves Jeremy and Eaves Linda Ramirez
Bought by
Chouman Ahmad
Seller's Agent
Juanita Chacon
RE/MAX Alliance
Buyer's Agent
Noah Ungar
HomeSmart
List Price
$1,195,000
Sold Price
$1,000,000
Premium/Discount to List
-$195,000
-16.32%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.82%
Original Mortgage
$890,000
Outstanding Balance
$888,047
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$327,867

Purchase Details

Closed on
Apr 21, 2021
Sold by
Card John A and Card Ruth Em
Bought by
Eaves Jeremy and Eaves Linda Ramirez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,012,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Langevin Brent T and Langevin Patricia S
Bought by
Card Ii John A and Card Ruth E M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2007
Sold by
Langevin Brent T and Shafer Patricia Ann
Bought by
Langevin Brent T and Langevin Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2003
Sold by
Langevin Brent T and Shafer Patricia Ann
Bought by
Langevin Brent T and Shafer Patricia Ann

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
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Pratt Susan M
Bought by
Langevin Brent T and Shafer Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Fleming Robert N and Bates Patricia E
Bought by
Pratt Susan M

Purchase Details

Closed on
Jul 18, 1994
Sold by
Fleming Robert N
Bought by
Fleming Robert N and Bates Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.87%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Ohlson Stuart A
Bought by
Fleming Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,000,000 None Listed On Document
Warranty Deed $1,265,000 Heritage Title Company
Warranty Deed $710,000 Land Title Guarantee Company
Interfamily Deed Transfer -- Land Title Guarantee Company
Interfamily Deed Transfer -- Commonwealth Title
Warranty Deed $550,000 --
Warranty Deed $399,000 --
Quit Claim Deed -- --
Warranty Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $890,000 New Conventional
Previous Owner $1,012,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $568,000 Purchase Money Mortgage
Previous Owner $106,500 Stand Alone Second
Previous Owner $450,000 Purchase Money Mortgage
Previous Owner $443,000 Unknown
Previous Owner $440,000 No Value Available
Previous Owner $210,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Sold $1,000,000 0.0% $455 / Sq Ft
04/28/2025 04/28/25 Price Changed $1,000,000 -16.3% $455 / Sq Ft
03/01/2025 03/01/25 For Sale $1,195,000 +19.5% $544 / Sq Ft
02/28/2025 02/28/25 Off Market $1,000,000 -- --
02/25/2025 02/25/25 Price Changed $1,195,000 -6.3% $544 / Sq Ft
01/23/2025 01/23/25 Price Changed $1,275,000 0.0% $580 / Sq Ft
12/04/2024 12/04/24 Off Market $5,800 -- --
11/21/2024 11/21/24 For Rent $5,800 0.0% --
11/21/2024 11/21/24 Price Changed $5,800 -3.3% $3 / Sq Ft
10/07/2024 10/07/24 For Rent $6,000 0.0% --
09/16/2024 09/16/24 Price Changed $1,350,000 -10.0% $614 / Sq Ft
07/08/2024 07/08/24 For Sale $1,500,000 0.0% $682 / Sq Ft
10/15/2022 10/15/22 Rented $5,650 -5.8% --
09/26/2022 09/26/22 For Rent $6,000 -- --
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 $8,390 $105,930 $8,010 $97,920
2023 $8,208 $105,930 $8,010 $97,920
2021 $6,505 $57,630 $12,480 $45,150
2020 $4,795 $64,630 $11,530 $53,100
2019 $4,661 $64,630 $11,530 $53,100
2018 $5,125 $66,240 $7,740 $58,500
2017 $5,109 $66,240 $7,740 $58,500
2016 $4,709 $57,740 $7,267 $50,473
2015 $4,511 $65,780 $7,267 $58,513
2014 $4,716 $56,780 $8,215 $48,565
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 2346507

REcolorado®

APN: 2331-05-031