$245,000
SOLD OCT 2, 2024
1 Bed
1 Bath
449 Sq Ft
$238/mo HOA Fee

Recently Sold

$546 Per Sq Ft

17% Below List Price

47 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to 18Th-California
  • High Ceiling
  • City View
  • Contemporary Architecture
  • Card or Code Access

About This Home

As of October 2024

Midland Lofts is a half block from the iconic Brown Palace and one block from The Pavilions dining, movies, and the 16th Street Mall shuttle that gets you anywhere downtown fast, easy, and free. The C and D Light Rail stops are a few minutes' walk to connect you to the airport and the rest of the city. This historic landmark building was home to the Midland Bank in the 1920s. It has magnificently grand high ceilings, Old World craftmanship, the original, hand-crafted Bank Lobby elevator doors, and even still has part of the underground tunnel that was used to transport gold to and from Union Station (and other morally questionable uses)! Its concrete floors keep the units private and quiet. The homeowners and Board are great people, and the building is managed by Common Elements, who keeps the property spotless, in good repair, and financially responsible!

Compact and cozy, Unit 909 has brand new floors and appliances. The AC/Heat Pump was replaced in 2023. Huge windows on all exterior walls flood the space with light and give it a cosmopolitan vibe. The building has a large work out room with weights and cardio on the 2nd floor. There is FREE laundry on every floor-- new machines installed at the end of 2023, and the unit comes with a spacious storage room. The building has a secure entry and keypad elevator access for residents' peace of mind. This is City living at its best. For the buyer looking for a profitable rental, the owner will sell fully furnished with everything you need right down to two new 50" flat screen TVs, Internet, linens, and a fully appointed kitchen. Numerous garages in the surrounding blocks that lease parking spaces.

Note: the comment below does not make it clear that the utilities are paid in that $2858. The owners pay the monthly fee to the HOA and the HOA pays for the utilities.

$2,858.04 - Annual 2024 HOA Dues Only. Owners are also responsible for the following utilities: electric, gas, steam, water, sewer, & fire pump.

Last Agent to Sell the Property

Scott Wilson

LoKation Brokerage Email: tuscanyproperty@msn.com License #100085267 Listed on: 07/03/2024

LoKation

Last Buyer's Agent

Lauren Wilson

Century 21 Prosperity License #100087710

Century 21 Prosperity

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 1 Common Wall
  • Southeast Facing Home

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 449 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Window Treatments
  • Entrance Foyer
  • Radon Detector

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • Greenlee Elementary School
  • Compass Academy Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Smoke Free Home

Listing and Financial Details

  • Exclusions: Sellers personal property
  • Assessor Parcel Number 02346-10-118-118

Community Details

Overview

  • Association fees include electricity, heat, ground maintenance, maintenance structure, sewer, trash, water
  • 83 Units
  • The Midland Condominium Association, Inc. Association, Phone Number (303) 989-8254
  • High-Rise Condominium
  • Midland Lofts Community
  • Midland Lofts Subdivision

Amenities

  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,262

Year Built

Built in 1938 | Remodeled

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft, Urban Contemporary
  • Structure Type: High Rise (8+)
  • Levels: One
  • Building Name: Midland Lofts
  • Year Built: 1938
  • Above Grade Finished Sq Ft: 449
  • Accessibility Features: Accessible Approach with Ramp
  • Current Use: Live/Work
  • Entry Location: Corridor Access
  • Exclusions: Sellers personal property
  • Living Area: 449
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Directions: Use your MAPS app to Midland Lofts, 444 17th Street, Denver, CO 80202 17th and Glenarm would be the cross streets
  • SubdivisionName: Midland Lofts
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2024-07-03
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.83051
  • New Home Available Options: Storage Unit - 5 X 4 = 20 sq. ft.
  • Attribution Contact: tuscanyproperty@msn.com
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Interior Amenities: Elevator, Entrance Foyer, High Ceilings, Smoke Free
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 1
  • Common Walls: 1 Common Wall
  • Basement: No
  • Total Bedrooms: 1
  • Entry Level: 9
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Window Treatments

Exterior Features

  • Direction Faces: Southeast
  • Foundation Details: Structural
  • Roof: Tar/Gravel
  • Construction Materials: Block, Brick, Concrete
  • View: City
  • Exterior Features: Elevator
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Not Available, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Electric: 110V
  • Security: Key Card Entry, Radon Detector, Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Heat, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • Association Name: The Midland Condominium Association, Inc.
  • Association Fee Frequency: Monthly
  • Association Amenities: Elevator(s), Fitness Center, Laundry, Storage
  • Association Fee: 238.17
  • Phone: 303-989-8254
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 2858.04
  • REC_AssociationFeeTotalAnnual: 2858.04
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0
  • REC_AssociationURL: http://commonelements.managebuilding.com
  • REC_AssociationPrivateTransferPercentageOrFee: $150.00
  • REC_AssociationStatusLetterPercentageOrFee: $150.00
  • REC_AssociationTransferAmount: $0

Schools

  • Middle Or Junior School: Compass Academy

Lot Info

  • Parcel Number: 02346-10-118-118
  • Fencing: None
  • Building Area Total: 449

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 83

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1262

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 27, 2024
Sold by
Ndira Inc and Gretchen Sasakura Trad
Bought by
Samuel Phillip
Seller's Agent
Scott Wilson
LoKation
Buyer's Agent
Lauren Wilson
Century 21 Prosperity
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Views
16
Current Estimated Value
$241,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,950
Avg. Annual Appreciation
-1.94%
Original Mortgage
$245,000
Interest Rate
6.93%
Mortgage Type
VA

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 26, 2024
Sold by
Trad Ira and Ndira Inc
Bought by
Ndira Inc and Trad Ira
Seller's Agent
Scott Wilson
LoKation
Buyer's Agent
Lauren Wilson
Century 21 Prosperity
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.93%
Mortgage Type
VA

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 13, 2024
Sold by
Sasakura Russell J and Trad Ira
Bought by
Ira Gretchen Sasakura and Ndira Inc
Seller's Agent
Scott Wilson
LoKation
Buyer's Agent
Lauren Wilson
Century 21 Prosperity
List Price
$295,000
Sold Price
$245,000
Premium/Discount to List
-$50,000
-16.95%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.93%
Mortgage Type
VA

Purchase Details

Closed on
Sep 18, 2013
Sold by
Eidemiller Matthew R and Eidemiller Jennifer
Bought by
Ndira Inc and Sasakura Gretchen

Purchase Details

Closed on
Aug 27, 2009
Sold by
Thomas Corbin S
Bought by
Eidemiller Matthew R and Eidemiller Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
444 17Th Street Associates Llc
Bought by
Thomas Corbin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.1%
Mortgage Type
New Conventional
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
Warranty Deed $245,000 None Listed On Document
Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $139,900 8Z Title
Warranty Deed $110,000 Chicago Title Co
Special Warranty Deed $140,700 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,000 VA
Previous Owner $88,000 New Conventional
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2024 10/02/24 Sold $245,000 -10.9% $546 / Sq Ft
07/30/2024 07/30/24 Price Changed $275,000 -6.8% $612 / Sq Ft
07/03/2024 07/03/24 For Sale $295,000 -- $657 / 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 $1,143 $14,430 $2,630 $11,800
2023 $1,118 $14,430 $2,630 $11,800
2022 $1,307 $16,430 $2,720 $13,710
2021 $1,262 $16,910 $2,800 $14,110
2020 $1,129 $15,210 $2,600 $12,610
2019 $1,097 $15,210 $2,600 $12,610
2018 $1,065 $13,760 $2,420 $11,340
2017 $1,061 $13,760 $2,420 $11,340
2016 $948 $11,630 $2,229 $9,401
2015 $909 $11,630 $2,229 $9,401
2014 $733 $8,820 $1,313 $7,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 7794054

REcolorado®

APN: 2346-10-118