NOT LISTED FOR SALE

SOBO 58 1898 S Bannock St Unit 503 Denver, CO 80223

Overland Neighborhood

Estimated Value: $403,000 - $484,000

1 Bed
1 Bath
844 Sq Ft
$339/mo HOA Fee

Last Sold May 10, 2024

Last sale price $450,000 $533 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,952/month

35 Days on Market

Highlights

  • New Construction
  • Rooftop Deck
  • Property is near public transit
  • Asbury Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2024

Perfect work-live space in a unique loft-style 2 level layout located in the South Broadway neighborhood, known for its eclectic and funky mix of taverns, clothing stores, unique eateries, bookstores, and hip, live music venues with rainbow crosswalks and dedicated bike lanes.

The unit has a separate office on the 2nd level, incredible light with huge windows and electric blinds. There is a walk in closet a washer dryer in the unit The location offers quick access to downtown Denver, the Denver Tech Center, and DIA by both car and rail, all while being within a quick walk or bike to the University of Denver, South Pearl Street, Washington Park, Platt Park, Ruby Hill, and the extensive South Platte River Trail System.

Last Agent to Sell the Property

Alese Wordley

The Resource Group LLC Brokerage Email: alese@wordley.com,281-224-2768 License #100075257 Listed on: 03/01/2024

Co-Listed By

Denice Niethammer

The Resource Group LLC Brokerage Email: alese@wordley.com,281-224-2768 License #40013627

Last Buyer's Agent

Cameron Kelly

Trend Commercial Llc License #100032112

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.41

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Membrane Roofing
  • Metal Siding
  • Stucco

Interior Spaces

  • 844 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Smart Locks

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio

Schools

  • Asbury Elementary School
  • Grant Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 5226-16-094

Community Details

Overview

  • Association fees include reserves, exterior maintenance w/out roof, ground maintenance, maintenance structure, recycling, road maintenance, security, sewer, snow removal, trash
  • The Managment Trust Colorado Association, Phone Number (303) 750-0994
  • Sobo58 Community
  • Sobo 58 Condominiums Subdivision
  • Community Parking

Security

  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,418

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$339 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Patio
  • Levels: Two
  • Building Name: SOBO58
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 844
  • Current Use: Live/Work
  • Exclusions: none
  • Living Area: 844
  • Property Condition: New Construction
  • Directions: Head West towards S Bannock St, Turn left on S Bannock, Left onto W Jewell Ave and property is on the left.
  • SubdivisionName: Sobo 58 Condominiums
  • Co List Office Mls Id: RECM0405
  • Co List Office Phone: (303) 995-4742
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2024-03-01
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.90180
  • Attribution Contact: alese@wordley.com,281-224-2768
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Laminate, Tile, Wood
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Roof: Membrane
  • Construction Materials: Brick, Frame, Metal Siding, Stucco
  • Exterior Features: Balcony
  • Patio and Porch Features: Rooftop

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Available, Phone Connected
  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Smart Locks

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Exterior Maintenance w/out Roof, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Security, Sewer, Snow Removal, Trash
  • Association Name: The Managment Trust Colorado
  • Association Fee Frequency: Monthly
  • Association Amenities: Parking
  • Association Fee: 339
  • Phone: 3037500994
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4068.00
  • REC_AssociationFeeTotalAnnual: 4068.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: managementtrust.com

Schools

  • Middle Or Junior School: Grant

Lot Info

  • Parcel Number: 5226-16-094
  • Building Area Total: 844
  • Lot Features: Near Public Transit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2418

MLS Schools

  • Elementary School: Asbury
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 10, 2024
Sold by
Rmivy Llc
Bought by
Stillman Courtney
Seller's Agent
Alese Wordley
The Resource Group LLC
Buyer's Agent
Cameron Kelly
Trend Commercial Llc
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Views
49
Current Estimated Value
$444,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,624
Avg. Annual Appreciation
0.91%
Original Mortgage
$405,200
Outstanding Balance
$401,283
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$54,115
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
Stillman Courtney $450,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stillman Courtney $405,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $450,000 0.0% $533 / Sq Ft
04/02/2024 04/02/24 Price Changed $450,000 -4.1% $533 / Sq Ft
03/25/2024 03/25/24 Price Changed $469,000 -2.1% $556 / Sq Ft
03/13/2024 03/13/24 Price Changed $479,000 -4.0% $568 / Sq Ft
03/01/2024 03/01/24 For Sale $499,000 -- $591 / Sq Ft
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 $2,356 $29,750 $1,680 $28,070
2023 $2,305 $29,750 $1,680 $28,070
2022 $2,418 $30,400 $1,520 $28,880
2021 $2,148 $28,790 $1,570 $27,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5390509

REcolorado®

APN: 5226-16-094