NOT LISTED FOR SALE

204 N F St Unit D-7 Salida, CO 81201

Estimated Value: $458,671 - $494,000

1 Bed
1 Bath
376 Sq Ft
$272/mo HOA Fee

Last Sold September 16, 2024

Last sale price $450,000 $1,197 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,861/month

69 Days on Market

Highlights

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

About This Home

As of September 2024

Want to own a little piece of Salida's History? Well look no further, this recently renovated Historic Downtown Palace Hotel Condominium is the perfect property for you! This studio condo sits on the third floor with large windows that expand the space and provide breathtaking views of "S" Mountain and the Arkansas River. Equipped with a 3/4 bath, king sized bed, sitting area and a small kitchen, this fully furnished turn-key condo has been a successful short term rental (https://www.airbnb.com/slink/RVDtiZeY) but would make an ideal getaway for anyone wanting to be in the heart of downtown. Enjoy all of Salida's restaurants, breweries/distilleries, shops, hiking/biking trails and much more right out your front door. Call us today to schedule a showing!

Last Agent to Sell the Property

Hunter Smith

Pinon Real Estate Group LLC Brokerage Email: hsmith@pinonrealestate.com,720-545-7655 License #100100323 Listed on: 06/13/2024

Co-Listed By

Stacy Lowe

Pinon Real Estate Group LLC Brokerage Email: hsmith@pinonrealestate.com,720-545-7655 License #100014984

Last Buyer's Agent

Hunter Smith

Pinon Real Estate Group LLC Brokerage Email: hsmith@pinonrealestate.com,720-545-7655 License #100100323 Listed on: 06/13/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $907

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • Two or More Common Walls
  • North Facing Home

HOA Fees

  • $272 Monthly HOA Fees

Property Views

  • Water
  • City
  • Mountain

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 376 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Bar Fridge
  • Triple Pane Windows
  • Window Treatments
  • Carpet

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 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

  • Exclusions: Condo is a Short Term Rental and all furnishings are included with the sale.
  • Assessor Parcel Number R368132463014

Community Details

Overview

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

Amenities

  • Laundry Facilities

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$907

Year Built

Built in 1950 | Remodeled

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: Three Or More
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 376
  • Exclusions: Condo is a Short Term Rental and all furnishings are included with the sale.
  • Living Area: 376
  • Pets Allowed: Number Limit, Yes
  • Property Condition: Updated/Remodeled
  • SubdivisionName: The Palace Hotel Condominiums
  • Co List Office Mls Id: RECR0065
  • Co List Office Phone: 719-539-0200
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.98039
  • Attribution Contact: hsmith@pinonrealestate.com,720-545-7655
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Microwave, Oven, Range
  • Interior Amenities: Central Vacuum
  • Flooring: Carpet
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Triple Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: North
  • Roof: Composition
  • Construction Materials: Brick
  • View: City, Mountain(s), Water
  • 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
  • Laundry Features: Common Area

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Reserves, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Sewer, Trash
  • Association Name: The Palace Hotel Condominiums
  • Association Fee Frequency: Quarterly
  • Association Amenities: Laundry
  • Association Fee: 814.74
  • Phone: 0000000000
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3258.96
  • REC_AssociationFeeTotalAnnual: 3258.96
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Salida

Lot Info

  • Parcel Number: R368132463014
  • Building Area Total: 376
  • Lot Features: Historical District, Master Planned

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 907

MLS Schools

  • Elementary School: Longfellow
  • High School: Salida

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 16, 2024
Sold by
Lowe Daniel A and Lowe Sandra K
Bought by
Hunt Bryan D and Hunt Leila K
Seller's Agent
Hunter Smith
Pinon Real Estate Group LLC
Buyer's Agent
Hunter Smith
Pinon Real Estate Group LLC
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Views
40
Current Estimated Value
$473,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,557
Avg. Annual Appreciation
4.84%

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 24, 2023
Sold by
Randall Connor J
Bought by
Lowe Daniel A and Lowe Sandra K
Seller's Agent
William Roberts
Full Circle Real Estate Group
Buyer's Agent
Stacy Lowe
Pinon Real Estate Group LLC
List Price
$425,000
Sold Price
$425,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$340,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2021
Sold by
Salida Victorian Properties Llc
Bought by
Randall Connor J
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 Buyer Sale Price Title Company
Hunt Bryan D $450,000 None Listed On Document
Lowe Daniel A $425,000 None Listed On Document
Randall Connor J $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe Daniel A $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2024 09/16/24 Sold $450,000 -2.0% $1,197 / Sq Ft
06/13/2024 06/13/24 For Sale $459,000 +8.0% $1,221 / Sq Ft
07/31/2023 07/31/23 Sold $425,000 0.0% $1,130 / Sq Ft View Prior Sale
06/30/2023 06/30/23 For Sale $425,000 -- $1,130 / 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 $938 $20,810 $0 $20,810
2023 $907 $20,810 $0 $20,810
2022 $811 $17,000 $0 $17,000
2021 $813 $17,490 $0 $17,490
2020 $1,459 $29,810 $0 $29,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3440405

REcolorado®

APN: R368132463014