Seller's Agent in 2024
Rike Palese
RE/MAX
(303) 522-5550
4 in this area
494 Total Sales
40 S Madison St Unit 102 Denver, CO 80209
Cherry Creek NeighborhoodEstimated Value: $653,000 - $703,000
2
Beds
2
Baths
1,281
Sq Ft
1,089
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Open Floorplan
- Covered Patio or Porch
- Steck Elementary School Rated A-
- Granite Countertops
- 4-minute walk to Pulaski Park
About This Home
As of September 2024Stunning, move-in ready condo in an intimate building of only 10 residences in the heart of the vibrant Cherry Creek neighborhood. The open and spacious two bedroom plan with south and west exposures fills this home with light and offers a seamless blend of style, comfort and convenience giving you the perfect opportunity to elevate your urban lifestyle. The open and spacious floor plan features a living area with stone tile floors with mosaic inlay, fireplace with cast stone surround and large west facing sliding door opening to your private balcony overlooking the lush streets of Cherry Creek. Adjacent is the spacious kitchen with light wood cabinetry, center island with eating bar, slab granite counters, tile backsplach and stainless appliances and is open to the dining area. The luxurious primary suite is spacious and has a south exposure filling the room with sunlight and includes a 5-piece bath and generous walk-in closet with custom closet built-ins. The second bedroom includes a generous closet with custom closet built-ins and adjacent bath, is perfect for guests or would make a great den or office. Both bedrooms include wood floors. There is a west facing balcony to enjoy your morning coffee or a glass of wine at the end of the day. 2-car underground parking is only a short elevator ride away from your front door and there is also an additional storage space on the parking level. Enjoy a maintenance free lifestyle in this premier residence in Cherry Creek. This location puts you within walking distance of some of the Denver areas best restaurants, retail and galleries as well as convenience shopping, parks and the Cherry Creek bike/hiking trail. This home is convenient to downtown Denver and I-25. Some photos have been virtually staged.
Last Agent to Sell the Property
RE/MAX Professionals Brokerage Email: RPALESE@CLASSICNHS.COM,303-522-5550 License #040004568 Listed on: 02/01/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,889
Year Built
- Built in 2002
Lot Details
- Property fronts a private road
- 1 Common Wall
- West Facing Home
HOA Fees
- $570 Monthly HOA Fees
Parking
- 2 Car Garage
- Secured Garage or Parking
Home Design
- Stucco
Interior Spaces
- 1,281 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Gas Log Fireplace
- Double Pane Windows
- Entrance Foyer
- Living Room with Fireplace
- Tile Flooring
Kitchen
- Oven
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Covered Patio or Porch
Schools
- Steck Elementary School
- Hill Middle School
- George Washington High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Accessible Approach with Ramp
- Smoke Free Home
Listing and Financial Details
- Exclusions: Seller's personal possessions
- Assessor Parcel Number 5125-12-043
Community Details
Overview
- Association fees include reserves, insurance, irrigation, ground maintenance, maintenance structure, sewer, snow removal, trash, water
- Madison Creek HOA / Capital Hill Management Association, Phone Number (303) 804-9800
- Low-Rise Condominium
- Madison Creek Community
- Cherry Creek North Subdivision
Additional Features
- Carbon Monoxide Detectors
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Sep 13, 2024
Sold by
Mcleod Olga Nikolaevna
Bought by
Kline Carol J and Kline Taylor Christine
Seller's Agent
Rike Palese
RE/MAX Professionals
Buyer's Agent
phyllis sinclair
Kentwood Real Estate DTC, LLC
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%
Views
539
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,759
Avg. Annual Appreciation
-1.62%
Original Mortgage
$552,000
Outstanding Balance
$544,036
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$129,205
Purchase Details
Listed on
Mar 27, 2023
Closed on
May 1, 2023
Sold by
Jennifer L Shelton Trust
Bought by
Mcleod Olga Nikolaevna
Seller's Agent
Ron Shelton
LIV Sothebys International Realty- Breckenridge
Buyer's Agent
Ron Shelton
LIV Sothebys International Realty- Breckenridge
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.62%
Purchase Details
Closed on
Mar 5, 2020
Sold by
Wheeler Gail C
Bought by
Ronald C Shelton Trust
Purchase Details
Closed on
Aug 4, 2015
Sold by
Endeavourlp Llc
Bought by
Wheeler Gail C and Krall Judith L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,192
Interest Rate
4.06%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2010
Sold by
Mcclure James Parker
Bought by
Endeavourlp Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 15, 2010
Sold by
Williams Tandy
Bought by
Mcclure James P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 2003
Sold by
40 Madison Street Partners Llc
Bought by
Williams Tandy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2003
Sold by
40 Madison Street Partners Llc
Bought by
Williams Tandy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kline Carol J | $690,000 | Land Title | |
| Mcleod Olga Nikolaevna | $675,000 | Land Title | |
| Ronald C Shelton Trust | $580,000 | Land Title Guarantee Company | |
| Wheeler Gail C | $408,990 | Stewart Title | |
| Endeavourlp Llc | $307,656 | None Available | |
| Mcclure James P | $296,750 | North Amer Title Co Of Co | |
| Williams Tandy | -- | Chicago Title Co | |
| Williams Tandy | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kline Carol J | $552,000 | |
| Previous Owner | Wheeler Gail C | $327,192 | |
| Previous Owner | Mcclure James P | $308,000 | |
| Previous Owner | Williams Tandy | $307,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/13/2024 09/13/24 | Sold | $690,000 | -1.3% | $539 / Sq Ft | |
| 07/17/2024 07/17/24 | Price Changed | $699,000 | -1.4% | $546 / Sq Ft | |
| 06/19/2024 06/19/24 | Price Changed | $709,000 | -0.8% | $553 / Sq Ft | |
| 05/31/2024 05/31/24 | Price Changed | $715,000 | -1.9% | $558 / Sq Ft | |
| 04/25/2024 04/25/24 | Price Changed | $729,000 | -2.8% | $569 / Sq Ft | |
| 02/01/2024 02/01/24 | For Sale | $750,000 | +11.1% | $585 / Sq Ft | |
| 05/01/2023 05/01/23 | Sold | $675,000 | -3.4% | $527 / Sq Ft | View Prior Sale |
| 03/31/2023 03/31/23 | Pending | -- | -- | -- | |
| 03/27/2023 03/27/23 | For Sale | $699,000 | -- | $546 / Sq Ft |
Source: REcolorado®
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 |
|---|---|---|---|---|
| 2025 | $3,243 | $48,650 | $14,280 | $14,280 |
| 2024 | $3,243 | $40,940 | $5,940 | $35,000 |
| 2023 | $3,172 | $40,940 | $5,940 | $35,000 |
| 2022 | $2,889 | $36,330 | $8,650 | $27,680 |
| 2021 | $2,789 | $37,380 | $8,900 | $28,480 |
| 2020 | $2,873 | $38,720 | $8,220 | $30,500 |
| 2019 | $2,792 | $38,720 | $8,220 | $30,500 |
| 2018 | $2,647 | $34,210 | $6,450 | $27,760 |
| 2017 | $2,639 | $34,210 | $6,450 | $27,760 |
| 2016 | $2,390 | $29,310 | $6,774 | $22,536 |
| 2015 | $2,290 | $29,310 | $6,774 | $22,536 |
| 2014 | $2,243 | $27,010 | $5,094 | $21,916 |
Source: Public Records
Agents Affiliated with this Home
-
Rike Palese
-
phyllis sinclair
Buyer's Agent in 2024
phyllis sinclair
Kentwood Real Estate
(303) 263-1255
2 in this area
7 Total Sales
-
Ron Shelton
R
Seller's Agent in 2023
Ron Shelton
LIV Sothebys International Realty- Breckenridge
(970) 389-0044
1 in this area
34 Total Sales
Map
Source: REcolorado®
MLS Number: 2259619
APN: 5125-12-043
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Based on information submitted to the MLS GRID
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