$395,000
$30K PRICE DROP

204 N F St Unit C-1 Salida, CO 81201

Estimated payment $2,506/month

Total Views 10,504
1 Bed
1 Bath
378 Sq Ft
$1,045 Price per Sq Ft

Highlights

  • Water Views
  • The property is located in a historic district
  • Open Floorplan
  • Longfellow Elementary School Rated 9+
  • Located in a master-planned community
  • 2-minute walk to Arkansas Headwaters Recreation Area

About This Home

THE PALACE HOTEL CONDOMINIUMS, UNIT #201, RENOVATED WHILE MAINTAINING THE WONDERFUL HISTORICAL FEATURES, IS IN THE PERFECT LOCATION IN THE HEART OF DOWNTOWN SALIDA...STEPS TO THE ARKANSAS RIVER, NEXT TO BEAUTIFUL RIVERSIDE PARK, AND EASY WALKING DISTANCE TO ALL THE UNIQUE STORES, RESTAURANTS, BARS, BREWERIES & AMBIANCE OF THIS AMAZING COLORADO MOUNTAIN TOWN! THESE MUCH SOUGHT-AFTER PROPERTIES DO NOT BECOME AVAILABLE VERY OFTEN! YOU WILL FALL IN LOVE WITH THE CHARM, ELIQUENSE, HISTORY, & IMPECCABLE CONDITION OF THIS MAGNIFICENT BUILDING! UNIT 201 IS FILLED WITH INCREDIBLE TONS OF NATURAL LIGHT BEAMING IN FROM ALMOST FLOOR-TO-CEILING WALL OF WINDOWS FACING SOUTH & EAST....VIEWS FROM EVERYWHERE IN THIS GORGEOUS LOCATION INCLUDING THE POPULAR S MOUNTAIN! #201 COMES FULLY FURNISHED & IS TURN-KEY CONDITION WITH A QUEEN-SIZED BED, LEATHER CHAIRS, BEAUTIFUL ONE-OF-A-KIND AMOIRE & END TABLES, KITCHEN TABLE & CLASSIC CHAIRS & MORE...SO COMFORTABLE BUT VERY CHARMING! THE KITCHEN HAS ALL THE ESSENTIALS THAT YOU WOULD WANT TO PREPARE SPECIAL MEALS BUT IF NOT YOU ARE STEPS AWAY FROM MANY DIFFERENT DINING OPTIONS THAT HISTORIC DOWNTOWN SALIDA HAS TO OFFER! THE COMMON AREAS OF THE BUILDING ARE MAINTAINED AS THEY WERE ORIGINALLY FINISHED WHICH IS VERY ENCHANTING & WONDERFULLY FINISHED DETAILS! SALIDA OFFERS OPPORTUNITIES FOR MANY ADVENTURES...HIKING, BIKING, RAFTING & SURFING THE SCENIC RIVER, FLY-FISHING, HOT SPRINGS, SKIING POPULAR MONARCH MOUNTAIN, SIGHTSEEING OR EVEN PLAYING A ROUND OF GOLF....VERY DOG-FRIENDLY TOWN! THIS IS THE ONE YOU HAVE BEEN WAITING FOR...CURRENTLY BEING USED AS A SHORT-TERM RENTAL BUT COULD BE A LONG-TERM RENTAL OR A PRIVATE SPECIAL MOUNTAIN GETAWAY! CHECK FOR DETAILS FOR RENTAL USE WITH THE CITY OF SALIDA! WELCOME HOME TO A VERY UNIQUE & UPSCALE PROPERTY THAT WILL RELAX & ENERGIZE YOUR SPIRIT! THIS IS A 12+ & HAS BEEN MAINTAINED IN TOP CONDITION & IS SQUEAKY CLEAN!

Listing Agent

Jack Fine

Jack Fine Properties Brokerage Email: jack@jackfine.com,303-520-3463 License #000757595 Listed on: 07/30/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $909

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Home fronts a stream
  • End Unit
  • Two or More Common Walls
  • Southeast Facing Home
  • Year Round Access
  • Mountainous Lot

HOA Fees

  • $344 Monthly HOA Fees

Property Views

  • Water
  • City
  • Mountain
  • Valley

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Block Foundation
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 378 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room
  • Smart Locks

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop
  • Microwave
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Longfellow Elementary School
  • Salida Middle School
  • Salida High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • 110 Volts
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • The property is located in a historic district

Listing and Financial Details

  • Exclusions: SELLER'S PERSONAL PROPERTY AND ARTWORK
  • Property held in a trust
  • Assessor Parcel Number R368132463001

Community Details

Overview

  • Association fees include cable TV, reserves, insurance, internet, ground maintenance, maintenance structure, sewer, trash, water
  • 18 Units
  • The Palace Hotel Condominiums Association
  • Low-Rise Condominium
  • The Palace Hotel Community
  • The Palace Hotel Condominiums Subdivision
  • Located in a master-planned community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$909

Year Built

Built in 1950 | Remodeled

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Rustic
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Building Name: THE PALACE HOTEL
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 378
  • Current Use: Live/Work
  • Entry Location: Corridor Access
  • Exclusions: SELLER'S PERSONAL PROPERTY AND ARTWORK
  • Living Area: 378
  • Pets Allowed: Yes
  • Property Condition: Updated/Remodeled
  • Directions: FROM HIGHWAY 50 TURN ON F STREET, GO SOUTH TO THE BOTTOM OF F STREET....THE PALACE HOTEL IS ON THE LEFT ACROSS FROM RIVERSIDE PARK & STEPS AWAY FROM THE ARKANSAS RIVER....ABUNDANCE OF STREET PARKING.
  • SubdivisionName: THE PALACE HOTEL CONDOMINIUMS
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Attribution Contact: jack@jackfine.com,303-520-3463
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bar Fridge, Cooktop, Disposal, Microwave, Oven, Range, Refrigerator
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Corian Counters, Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, No Stairs, Open Floorplan, Smoke Free, Solid Surface Counters
  • Flooring: Carpet, Laminate, Linoleum
  • Common Walls: End Unit, 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings, Window Treatments

Exterior Features

  • Direction Faces: Southeast
  • Foundation Details: Block, Concrete Perimeter
  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Brick
  • View: City, Mountain(s), Valley, Water
  • Exterior Features: Lighting, Rain Gutters
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Paved
  • Waterfront Features: Stream

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Security Entrance, Smart Locks, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Reserves, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • Association Name: THE PALACE HOTEL CONDOMINIUMS
  • Association Fee Frequency: Annually
  • Association Amenities: Laundry
  • Association Fee: 4125
  • Phone: N/A
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4125.00
  • REC_AssociationFeeTotalAnnual: 4125.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Salida

Lot Info

  • Parcel Number: R368132463001
  • Lot Size Acres: 0.01
  • Fencing: None
  • Building Area Total: 378
  • Lot Features: Historical District, Master Planned, Mountainous
  • Lot Size Sq Ft: 494
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 18

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 909

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $940 $20,860 $0 $20,860
2023 $909 $20,860 $0 $20,860
2022 $812 $17,020 $0 $17,020
2021 $814 $17,510 $0 $17,510
2020 $1,361 $27,810 $0 $27,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $395,000 -1.3% $1,045 / Sq Ft
03/30/2025 03/30/25 Price Changed $400,000 -3.6% $1,058 / Sq Ft
02/27/2025 02/27/25 Price Changed $415,000 -2.4% $1,098 / Sq Ft
07/30/2024 07/30/24 For Sale $425,000 -- $1,124 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Deed In Lieu Of Foreclosure $328,600 None Listed On Document
Special Warranty Deed $270,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $310,000 New Conventional
Previous Owner $310,000 Construction
Previous Owner $270,000 Purchase Money Mortgage
Source: Public Records

Source: REcolorado®

MLS Number: 3539731

REcolorado®

APN: R368132463001