NOT LISTED FOR SALE

Estimated Value: $153,000 - $158,000

-- Bed
1 Bath
330 Sq Ft
$112/mo HOA Fee

Last Sold October 11, 2022

Last sale price $149,900 $454 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,016/month

Highlights

  • New Construction
  • Open Floorplan
  • Contemporary Architecture
  • 0.39 Acre Lot
  • Green Roof
  • Property is near public transit

About This Home

As of October 2022

La Tela offers an affordable homeownership opportunity right in the heart of Denver's bustling Santa Fe Arts District. These brand new studio condos include Energy-Star rated appliances, in-unit washer/dryer, built-in Murphy bed + mattress, and large bathrooms. This walkable neighborhood location is ideal for commuters who want to be close to transit, galleries, restaurants, shops, and more. La Tela's studio units also feature 9'+ ceilings, LED lighting throughout, and on-site solar panels to help offset Common area utility costs. La Tela Condominiums are available to individuals or households who meet set income and asset requirements through Elevation Community Land Trust's permanently affordable homeownership program. 2021 maximum household income limits are: 1 person ($62,600); 2 people ($71,550). Visit Elevation Community Land Trust's website for more information and to begin your application process. https://www.elevationclt.org/buy-a-home/. In addition to HOA Fee, every homeowner pays a monthly land lease fee of $100 to Elevation Community Land Trust (ECLT). Owner occupancy is a requirement of purchase. A limited number of Type A- ADA units are available.

Last Agent to Sell the Property

Angie Sudberry

Invalesco Real Estate License #100051576 Listed on: 08/15/2022

Co-Listed By

Gilda Zaragoza

Invalesco Real Estate License #100057253

Last Buyer's Agent

Chandra Martinez

Keller Williams Preferred Realty License #100077527

Keller Williams Preferred Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $880

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Two or More Common Walls
  • East Facing Home

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Membrane Roofing
  • Steel Beams
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1 Bathroom
  • 330 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Partially Furnished
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Vinyl Flooring
  • Outdoor Smart Camera

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Schools

  • Dora Moore Elementary School
  • Kepner Middle School
  • West High School

Utilities

  • Mini Split Air Conditioners
  • Heat Pump System
  • 220 Volts
  • 110 Volts
  • High-Efficiency Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Exclusions: All staging items
  • Assessor Parcel Number 0503630104104

Community Details

Overview

  • Association fees include gas, insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • 92 Units
  • La Tela Condo Inc. Accu Association, Phone Number (303) 733-1121
  • Mid-Rise Condominium
  • La Tela Community
  • Elmwood Add Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Elevator

Pet Policy

  • Dogs and Cats Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$880

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Urban Contemporary
  • Structure Type: Mid Rise (4-7)
  • Levels: Three Or More
  • Building Name: LA TELA
  • Above Grade Price per Sq Ft: 454.24
  • Finished Price per Sq Ft: 454.24
  • Total Price per Sq Ft: 454.24
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 330.00
  • Accessibility Features: Accessible Approach with Ramp
  • Annual Association Fee: 1344.00
  • Association Private Transfer Per: $0.00
  • Association Status Letter Percen: $290.00
  • Association Transfer Fee: $0.00
  • Entry Location: Exterior Access
  • Exclusions: All staging items
  • Living Area: 330.00
  • New Home Community URL: http://www.infolatela.com/
  • Pets Allowed: Cats OK, Dogs OK
  • P P A: 384358.97
  • Restrictions Covenants: Affordable Housing, Deed Restrictions, Income Restriction, Lease Restrictions
  • Restrictions Covenants: Yes
  • Submitted Prospect: Yes
  • Property Condition: New Construction
  • SubdivisionName: Elmwood Add
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Elevator, High Ceilings, Open Floorplan, Quartz Counters, Wired for Data
  • Flooring: Vinyl
  • Room Count: 1
  • Common Walls: 2+ Common Walls
  • Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Roof: Membrane
  • Construction Materials: Block, Brick, Concrete, Structural Steel
  • Exterior Features: Lighting
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Phone Available
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Heat Pump
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Security: Carbon Monoxide Detector(s), Key Card Entry, Smart Cameras, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 1344.00
  • Association Name: La Tela Condo Inc. ACCU
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Bike Storage, Elevator(s)
  • Association Fee: 112.00
  • Phone: 303-733-1121
  • Association: Yes

Schools

  • School District: Denver 1
  • Elementary School: Dora Moore
  • Middle School: Kepner
  • High School: West
  • Middle Or Junior School: Kepner

Lot Info

  • Parcel Number: 0503630104104
  • Lot Size Acres: 0.39
  • Building Area Total: 330.00
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 16988.40

Green Features

  • Green Energy Efficient: Appliances, Construction, HVAC, Lighting, Roof, Water Heater, Windows

Rental Info

  • Furnished: Partially

Multi Family

  • Number Of Units Total: 92

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 879.94

MLS Schools

  • Elementary School: Dora Moore
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 11, 2022
Sold by
La Tela Development Llc
Bought by
Stanford Cassandra Irene
Seller's Agent
Angie Sudberry
Invalesco Real Estate
Buyer's Agent
Chandra Martinez
Keller Williams Preferred Realty
List Price
$149,900
Sold Price
$149,900
Views
2
Current Estimated Value
$155,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,056
Avg. Annual Appreciation
1.36%
Original Mortgage
$148,900
Outstanding Balance
$144,132
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$11,609
Source: Public Records

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
Stanford Cassandra Irene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanford Cassandra Irene $148,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $149,900 0.0% $454 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $149,900 -- $454 / 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 $504 $6,360 -- $6,360
2023 $493 $6,360 -- $6,360
2021 $319 $4,280 $0 $4,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 8430647

REcolorado®

APN: 5036-30-104