$270,000
SOLD FEB 5, 2021

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

1 Bed
1 Bath
377 Sq Ft
$134/mo HOA Fee

Recently Sold

$716 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • The property is located in a historic district
  • High Ceiling
  • Solid Surface Countertops
  • Longfellow Elementary School Rated 9+
  • Furnished
  • 2-minute walk to Arkansas Headwaters Recreation Area

About This Home

As of February 2021

Located in Historic Downtown Salida alongside the banks of the Arkansas River, the renovated Palace Hotel offers boutique lodging within footsteps of shopping, dining, hiking, biking, rafting and fly-fishing. Please take note there is no elevator in the building. This property has an amazing view of the Arkansas River and also a view of the energetic Riverside Park. This suite is fully furnished with a fully stocked kitchenette to make this a turn-key opportunity for rentals or a place to call home.

Last Agent to Sell the Property

William Roberts

Full Circle Real Estate Group License #100083678 Listed on: 11/26/2020

Last Buyer's Agent

Jack Fine

Jack Fine Properties License #000757595

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1909 | Remodeled

Lot Details

  • Two or More Common Walls
  • Year Round Access

HOA Fees

  • $134 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof
  • Composition Roof

Interior Spaces

  • 377 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Furnished
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Triple Pane Windows
  • Window Treatments
  • Carpet

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Location

  • The property is located in a historic district

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • Baseboard Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Property held in a trust
  • Assessor Parcel Number R368132463407

Community Details

Overview

  • The Palace Hotel Condominiums Association
  • Low-Rise Condominium

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,192

Year Built

Built in 1909 | Remodeled

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Year Built: 1909
  • Above Grade Finished Sq Ft: 377
  • Entry Location: Corridor Access
  • Exclusions: none
  • Living Area: 377
  • Pets Allowed: Number Limit, Yes
  • Property Condition: Updated/Remodeled
  • SubdivisionName: none
  • Ownership: Corporation/Trust
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 1.01887
  • Special Features: VirtualTour

Interior Features

  • Appliances: Bar Fridge, Cooktop, Microwave, Oven, Range
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, High Ceilings, Solid Surface Counters
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 1
  • Entry Level: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Triple Pane Windows, Window Coverings

Exterior Features

  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Brick
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: The Palace Hotel Condominiums
  • Association Fee Frequency: Monthly
  • Association Amenities: Laundry
  • Association Fee: 134.3
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1611.60
  • REC_AssociationFeeTotalAnnual: 1611.60
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Salida

Lot Info

  • Parcel Number: R368132463407
  • Lot Size Acres: 0.1
  • Building Area Total: 377
  • Lot Features: Historical District
  • Lot Size Sq Ft: 4505

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1192

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2020
Closed on
Jan 28, 2021
Sold by
Salida Victorian Properties Llc
Bought by
Salida Palace Loft Llc
Seller's Agent
William Roberts
Full Circle Real Estate Group
Buyer's Agent
Jack Fine
Jack Fine Properties
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Total Days on Market
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$270,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Special Warranty Deed $270,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Closed $310,000 Construction
Closed $270,000 Purchase Money Mortgage
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 +57.4% $1,124 / Sq Ft
02/05/2021 02/05/21 Sold $270,000 +1.9% $716 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $265,000 -1.9% $703 / Sq Ft
11/26/2020 11/26/20 Off Market $270,000 -- --
11/26/2020 11/26/20 For Sale $265,000 -- $703 / 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 $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

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6734861

REcolorado®

APN: R368132463001