NOT LISTED FOR SALE

Estimated Value: $553,857 - $684,000

2 Beds
3 Baths
1,839 Sq Ft
$771/mo HOA Fee

Last Sold June 05, 2020

Last sale price $475,000 $258 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,420/month

59 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Open Floorplan
  • Penthouse
  • Gated Community
  • 3-minute walk to John "Prairie Dog" O'Byrne Park

About This Home

As of June 2020

Beautiful, exclusive Colorado Springs 2-story penthouse located on the top floor of the desirable Citywalk Downtown Lofts building. Secure building access, private elevator entry for penthouse owners. Open-concept unit with floor to ceiling windows provide stunning, panoramic views. HOA fees cover unit's utilities, building maintenance, and more. 2 car private garage is included in the gated lot. Gorgeous sunrises, view of Memorial Park, and a short walk to downtown Colorado Springs. If you're looking for big-city downtown living right here in the Springs, don't let this unique opportunity pass you by!

Penthouse features: 2 bedroom, 3 bath open-concept; beautiful kitchen with granite counters, custom backsplash, and stainless appliances; gas top range on large island with vent hood; great room and dining area are hosted by towering windows and stunning views; 20 ft long outdoor balcony; bamboo hardwood flooring throughout main level; upstairs master bedroom includes walk-in closet and private bath with jacuzzi tub, tile-surround shower, and double vanity; additional bedroom has barn door and an ensuite bath; additional loft flex space; dual 3-ton AC and 2 gas furnace units exclusive to this penthouse; common areas include modern gym, piano lounge, and an outdoor bbq patio; additional gated parking right across the street. Enjoy the best downtown living has to offer!

Last Agent to Sell the Property

Jerry Sanden

House Hunters, LLC License #100045291 Listed on: 03/04/2020

Last Buyer's Agent

PPAR Agent Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,712

Year Built

  • Built in 2003

Lot Details

  • East Facing Home
  • Property is Fully Fenced

HOA Fees

  • $771 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,839 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near public transit

Schools

  • Columbia Elementary School
  • North Middle School
  • Palmer High School

Utilities

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

Listing and Financial Details

  • Exclusions: Seller's personal property.
  • Assessor Parcel Number 64181-14-117

Community Details

Overview

  • Association fees include electricity, gas, heat, insurance, ground maintenance, sewer, snow removal, trash, water
  • Associa Of Colorado Association, Phone Number (719) 473-5000
  • High-Rise Condominium
  • Citywalk Downtown Lofts Community
  • Citywalk Downtown Lofts Subdivision

Amenities

  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,712

Year Built

Built in 2003

Lot Details

0

HOA Fees

$771 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: High Rise (8+)
  • Levels: Two
  • Building Name: Citywalk Downtown Lofts
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1839
  • Entry Location: Penthouse
  • Exclusions: Seller's personal property.
  • Living Area: 1839
  • Pets Allowed: Number Limit
  • Directions: From the I25: Exit Cimarron, head east, left on Wahsatch, right on Kiowa, loft building will be on your right.
  • SubdivisionName: Citywalk Downtown Lofts
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.89623
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Elevator, Entrance Foyer, Five Piece Bath, Granite Counters, Jet Action Tub, Kitchen Island, Primary Suite, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 1
  • Basement: No
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 12
  • Main Level Bathrooms: 1
  • Window Features: Window Coverings

Exterior Features

  • Direction Faces: East
  • Roof: Other
  • Construction Materials: Concrete, Other
  • Exterior Features: Barbecue, Elevator, Lighting
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Asphalt, Finished
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Gas, Heat, Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water
  • Association Name: Associa of Colorado
  • Association Fee Frequency: Monthly
  • Association Amenities: Fitness Center, Gated, Sauna
  • Association Fee: 771
  • Phone: 719-473-5000
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 9252.00
  • REC_AssociationFeeTotalAnnual: 9252.00
  • REC_AssociationManagementType: Self Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: North

Lot Info

  • Parcel Number: 64181-14-117
  • Lot Size Acres: 0.01
  • Fencing: Full
  • Building Area Total: 1839
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 545

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1712

MLS Schools

  • Elementary School: Columbia
  • High School: Palmer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Jun 1, 2020
Sold by
Alleman Ira T and Alleman Arleen L
Bought by
Lataille Robert
Seller's Agent
Jerry Sanden
House Hunters, LLC
Buyer's Agent
PPAR Agent Non-REcolorado
NON MLS PARTICIPANT
List Price
$530,000
Sold Price
$475,000
Premium/Discount to List
-$55,000
-10.38%
Total Days on Market
59
Current Estimated Value
$621,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,214
Avg. Annual Appreciation
5.78%
Original Mortgage
$356,250
Outstanding Balance
$319,800
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$309,513

Purchase Details

Closed on
Nov 4, 2016
Sold by
Johnson Steven
Bought by
Alleman Ira T and Alleman Arleen L

Purchase Details

Closed on
Nov 20, 2009
Sold by
The Pueblo Bank & Trust Company
Bought by
Johnson Steven

Purchase Details

Closed on
Jul 17, 2008
Sold by
Marshall Raymond L
Bought by
Deerwood Properties Llc

Purchase Details

Closed on
Dec 28, 2007
Sold by
Citywalk Downtown Llc
Bought by
Deerwood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,407,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2007
Sold by
Citywalk Downtown Llc
Bought by
Marshall Raymond L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,000
Interest Rate
8.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Lataille Robert $475,000 Land Title Guarantee Company
Alleman Ira T $340,000 Fidelity National Title
Johnson Steven $250,000 Unified Title Company
Deerwood Properties Llc -- Land Title
Deerwood Properties Llc $750,000 Land Title Guarantee Company
Citywalk Downtown Llc -- Land Title Guarantee Company
Marshall Raymond L $626,250 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lataille Robert $356,250
Previous Owner Deerwood Properties Llc $1,407,000
Previous Owner Marshall Raymond L $501,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $475,000 -10.4% $258 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $530,000 0.0% $288 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $530,000 -- $288 / 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 $2,112 $39,880 $3,350 $36,530
2023 $2,112 $39,880 $3,350 $36,530
2022 $1,905 $34,040 $3,720 $30,320
2021 $2,066 $35,020 $3,830 $31,190
2020 $1,993 $29,370 $3,830 $25,540
2019 $1,983 $29,370 $3,830 $25,540
2018 $1,712 $23,330 $3,020 $20,310
2017 $1,621 $23,330 $3,020 $20,310
2016 $1,345 $23,200 $3,180 $20,020
2015 $1,340 $23,200 $3,180 $20,020
2014 $1,197 $19,900 $2,790 $17,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3267538

REcolorado®

APN: 64181-14-117