$510,000
SOLD NOV 8, 2024
2 Beds
2 Baths
1,308 Sq Ft
$460/mo HOA Fee

Recently Sold

$390 Per Sq Ft

4% Below List Price

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring
  • University Park Elementary School Rated A-
  • Contemporary Architecture
  • Bonus Room

About This Home

As of November 2024

WELCOME HOME TO OBSERVATORY PARK AT THE UNIVERSITY OF DENVER! This 2-bedroom / 2-bathroom condo is centrally-located and just a few steps away from the University of Denver campus. This impeccable home has a bright and open floor plan with a large living room with a cozy balcony, a dining area, and a gourmet kitchen that boasts slab granite counters & island, sleek stainless steel appliances and warm wood cabinetry with storage galore. Place a grill out on the balcony and you can prepare dinner outside while you’re enjoying a glass of wine with friends. The primary bedroom features vaulted ceilings, a large walk-in closet with custom shelving, and an en-suite 4-piece primary bathroom with dual sinks. Down the hallway, the second bedroom is bright with a large closet and the 2nd bathroom is just steps away! This home also has a full-size laundry room that includes full-size washer and dryer. Also included: two parking spaces in the attached garage and one storage unit. Guest parking is also available. With its great location, this building is also popular with investors. This residence is ideally situated -- tucked away on the quiet back side of the building, far from the traffic on University Boulevard. This building’s convenient location is across the street from the beautiful DU campus, close to I-25 and light rail, and near Observatory Park and some of the best restaurants and nightlife in town.

Last Agent to Sell the Property

Mark Callaghan

Coldwell Banker Global Luxury Denver Brokerage Email: Mark@MarkSellsDenver.com,303-710-1000 License #100046832 Listed on: 09/20/2024

Coldwell Banker Global Luxury Denver

Last Buyer's Agent

Shannon Tiger

LIV Sotheby's International Realty License #40021635

LIV Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,749

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Lighted Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Schools

  • University Park Elementary School
  • Merrill Middle School
  • South High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Exclusions: Seller's personal property and staging items
  • Assessor Parcel Number 5252-22-055

Community Details

Overview

  • Association fees include reserves, insurance, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • 75 Units
  • Observatory Place Owners Association, Inc Association, Phone Number (720) 961-5150
  • Mid-Rise Condominium
  • Observatory Park Condos Community
  • Observatory Park Subdivision

Amenities

  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,749

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$460 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Urban Contemporary
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: Observatory Park Condos
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 1308
  • Entry Location: Corridor Access
  • Exclusions: Seller's personal property and staging items
  • Living Area: 1308
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Directions: GPS to 2200 S. University Blvd, Denver, CO. Visitor parking is available by entering the alley directly behind the building and parking south of the rear entrance to the building.
  • SubdivisionName: Observatory Park
  • 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: 0.96408
  • Attribution Contact: Mark@MarkSellsDenver.com,303-710-1000
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, Kitchen Island, No Stairs, Open Floorplan, Primary Suite, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Common Walls: End Unit
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • Direction Faces: West
  • Roof: Unknown
  • Construction Materials: Other
  • Exterior Features: Balcony, Elevator, Gas Valve, Lighting
  • Patio and Porch Features: Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Lighted, Storage, Underground
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 2

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Key Card Entry, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Association Name: OBSERVATORY PLACE OWNERS ASSOCIATION, INC
  • Association Fee Frequency: Monthly
  • Association Fee: 460.49
  • Phone: 720-961-5150
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 5525.88
  • REC_AssociationFeeTotalAnnual: 5525.88
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Merrill

Lot Info

  • Parcel Number: 5252-22-055
  • Building Area Total: 1308

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 75

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2749

MLS Schools

  • Elementary School: University Park
  • High School: South

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Nov 6, 2024
Sold by
Girardi George
Bought by
Stephenson Randa
Seller's Agent
Mark Callaghan
Coldwell Banker Global Luxury Denver
Buyer's Agent
Shannon Tiger
LIV Sotheby's International Realty
List Price
$529,000
Sold Price
$510,000
Premium/Discount to List
-$19,000
-3.59%
Total Days on Market
17
Views
10
Current Estimated Value
$524,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,424
Avg. Annual Appreciation
4.68%
Original Mortgage
$357,000
Outstanding Balance
$355,232
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$169,192

Purchase Details

Closed on
Jun 30, 2017
Sold by
Jimenez Danny R and Bravo Margarita I
Bought by
Girardi George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,750
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2011
Sold by
Jimenez Danny and Bravo Margarita
Bought by
Danny R Jimenez Revocable Trust and Margarita I Bravo Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2011
Sold by
The Danny R Jimenez Revocable Trust
Bought by
Jimenez Danny R and Bravo Margarita I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Observatory Place Llc
Bought by
Jimenez Danny and Bravo Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $510,000 First American Title
Warranty Deed $389,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Insu
Special Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,000 New Conventional
Previous Owner $275,966 Stand Alone Refi Refinance Of Original Loan
Previous Owner $291,750 Commercial
Previous Owner $39,000 Credit Line Revolving
Previous Owner $306,000 New Conventional
Previous Owner $337,500 Purchase Money Mortgage
Previous Owner $112,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $510,000 -3.6% $390 / Sq Ft
09/20/2024 09/20/24 For Sale $529,000 -- $404 / 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 $2,810 $35,480 $540 $34,940
2023 $2,749 $35,480 $540 $34,940
2022 $2,599 $32,680 $4,380 $28,300
2021 $2,508 $33,610 $4,500 $29,110
2020 $2,210 $29,790 $4,290 $25,500
2019 $2,148 $29,790 $4,290 $25,500
2018 $2,305 $29,800 $2,810 $26,990
2017 $2,299 $29,800 $2,810 $26,990
2016 $2,436 $29,870 $2,627 $27,243
2015 $2,334 $29,870 $2,627 $27,243
2014 $2,301 $27,700 $2,507 $25,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9111862

REcolorado®

APN: 5252-22-055