NOT LISTED FOR SALE

Estimated Value: $525,815 - $578,000

1 Bed
1.5 Baths
1,202 Sq Ft
$287/mo HOA Fee

Last Sold March 31, 2023

Last sale price $550,000 $458 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,608/month

11 Days on Market

Highlights

  • City View
  • Deck
  • Vaulted Ceiling
  • East High School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of March 2023

Welcome to the ultimate urban oasis nestled in the heart of the highly sought-after RiNo neighborhood! This incredible loft, located in the historic Burlap Bag Factory building, is a true gem. Boasting 1 bedroom and 1.5 bathrooms, this unique unit features an open kitchen with sleek stainless steel appliances, luxurious granite countertops, ample storage, and a bar counter that comfortably seats 4 guests.

The main floor/in-unit laundry area offers convenience and practicality with plenty of additional storage space. The main bathroom, updated in 2017, is a true masterpiece, featuring an impressively spacious walk-in shower with a stylish Euro glass door.

Upstairs, you'll find the large primary bedroom adorned with beautiful hardwood floors and flanked on each side by walk-in closets for optimal storage. The updated half-bath off the primary is equally impressive with its modern fixtures.

This unit includes two off-street, secured, dedicated parking spaces, with one covered and one open, as well as access to guest parking spots. Enjoy breathtaking views from your private 210 sf rooftop deck, the perfect place to relax and unwind after a long day.

Located within walking distance to everything RiNo has to offer, including an abundance of restaurants, bars, and shops, you'll never tire of the endless entertainment options. The A-Line is only a 10-minute walk away, making commuting a breeze.

Don't miss out on this extraordinary opportunity to own a piece of RiNo's history and experience the ultimate urban lifestyle!

Last Listed By

Kevin Capra

Compass - Denver License #100081418 Listed on: 02/24/2023

Compass - Denver

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $287 Monthly HOA Fees

Home Design

  • Loft
  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 1,202 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Living Room
  • City Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 1 Carport Space
  • Driveway

Outdoor Features

  • Balcony
  • Deck

Schools

  • Gilpin Elementary School
  • Wyatt Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Seller's personal property, wall mounted TV and staging items.
  • Assessor Parcel Number 2277-03-013

Community Details

Overview

  • Association fees include snow removal, trash
  • K3 Management Association, Phone Number (303) 798-0054
  • Low-Rise Condominium
  • Bag Factory Lofts Community
  • Rino Subdivision

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,470

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Architectural Style: Loft, Urban Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Building Name: Bag Factory Lofts
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1202
  • Entry Location: Corridor Access
  • Exclusions: Seller's personal property, wall mounted TV and staging items.
  • Living Area: 1202
  • Property Condition: Updated/Remodeled
  • SubdivisionName: RiNo
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Concrete, Wood
  • Half Bathrooms: 1
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Roof: Membrane
  • Construction Materials: Block, Brick, Frame
  • View: City
  • Exterior Features: Balcony
  • Patio and Porch Features: Deck

Garage/Parking

  • Parking Features: Asphalt
  • Attached Garage: No
  • Carport Spaces: 1
  • Total Parking Spaces: 3
  • REC_ParkingCount: 2

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Security Entrance

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash
  • Association Name: K3 Management
  • Association Fee Frequency: Monthly
  • Association Fee: 286.65
  • Phone: 303-798-0054
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3439.80
  • REC_AssociationFeeTotalAnnual: 3439.80
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: www.k3mgmt.com/

Schools

  • Middle Or Junior School: Wyatt

Lot Info

  • Parcel Number: 2277-03-013
  • Building Area Total: 1202

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2470

MLS Schools

  • Elementary School: Gilpin
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 31, 2023
Sold by
Cooney Frank
Bought by
Dehaan Jordan Jacek
Seller's Agent
Kevin Capra
Compass - Denver
Buyer's Agent
Elizabeth Daniels
Compass - Denver
List Price
$550,000
Sold Price
$550,000
Total Days on Market
11
Views
20
Current Estimated Value
$558,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,454
Avg. Annual Appreciation
0.72%
Original Mortgage
$300,000
Outstanding Balance
$292,836
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$265,618

Purchase Details

Closed on
Jul 8, 2019
Sold by
Ouashnick Kevin A
Bought by
Cooney Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2017
Sold by
The Timmy W Ryon Revocable Trust
Bought by
Quashrick Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Ryon Timmy Wright and Ryon Kelly Daneen
Bought by
The Timmy W Ryon Revocable Trust and The Kelly D Ryon Revocable Trust

Purchase Details

Closed on
Jul 22, 2013
Sold by
Avalli Fred
Bought by
Ryon Timmy Wright and Ryon Kelly Daneen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 31, 2007
Sold by
Land Jason and Frey Kelly
Bought by
Avalli Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,175
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2003
Sold by
Blake Burlap & Bag Llc
Bought by
Land Jason and Frey Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,190
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

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
Dehaan Jordan Jacek $550,000 --
Cooney Frank $475,000 Land Title Guarantee
Quashrick Kevin A $420,000 Stewart Title
The Timmy W Ryon Revocable Trust -- None Available
Ryon Timmy Wright $300,000 Stewart Title
Avalli Fred $329,500 Land Title Guarantee Company
Land Jason $227,000 First American Heritage Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dehaan Jordan Jacek $300,000
Previous Owner Cooney Frank $418,000
Previous Owner Cooney Frank $427,500
Previous Owner Quashrick Kevin A $95,000
Previous Owner Ryon Timmy Wright $225,000
Previous Owner Avalli Fred $214,175
Previous Owner Land Jason $220,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $550,000 0.0% $458 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $550,000 -- $458 / 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 $2,704 $34,140 $2,280 $31,860
2023 $2,645 $34,140 $2,280 $31,860
2022 $2,559 $32,180 $6,190 $25,990
2021 $2,470 $33,100 $6,370 $26,730
2020 $2,401 $32,360 $6,370 $25,990
2019 $2,334 $32,360 $6,370 $25,990
2018 $2,223 $28,730 $4,990 $23,740
2017 $2,216 $28,730 $4,990 $23,740
2016 $1,978 $24,250 $3,550 $20,700
2015 $1,895 $24,250 $3,550 $20,700
2014 $1,370 $16,490 $629 $15,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5801726

REcolorado®

APN: 2277-03-013