$149,900
SOLD AUG 19, 2022
-- Bed
-- Bath
331 Sq Ft
$112/mo HOA Fee

Recently Sold

$453 Per Sq Ft

Highlights

  • New Construction
  • 0.39 Acre Lot
  • Contemporary Architecture
  • No Units Above
  • Open Floorplan
  • Property is near public transit

About This Home

As of August 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

Sherri Stinson

Invalesco Real Estate License #100081897 Listed on: 07/13/2022

Co-Listed By

Crystalle Guss

Invalesco Real Estate License #100091822

Last Buyer's Agent

Rikki Brewer

Navigate Realty License #100093946

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $880

Year Built

  • Built in 2020 | New Construction

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $112 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Membrane Roofing
  • Steel Beams

Interior Spaces

  • 331 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Triple Pane Windows
  • Vinyl Flooring
  • Outdoor Smart Camera

Kitchen

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Dora Moore Elementary School
  • Compass Academy Middle School
  • West High School
  • School of Choice Available

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Natural Gas Connected
  • 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

  • Assessor Parcel Number 0503630151151

Community Details

Overview

  • Association fees include gas, insurance, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • $140 HOA Transfer Fee
  • 92 Units
  • La Tela Condo Inc. Accu Association, Phone Number (303) 733-1121
  • Mid-Rise Condominium
  • Built by Shanahan Development
  • La Tela Condos 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
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$880

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$112 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Urban Contemporary
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Builder Name: Shanahan Development
  • Building Name: La Tela Condos
  • Above Grade Price per Sq Ft: 452.87
  • Finished Price per Sq Ft: 452.87
  • Total Price per Sq Ft: 452.87
  • School Of Choice Yn: Yes
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 331.00
  • Accessibility Features: Accessible Approach with Ramp
  • Annual Association Fee: 1341.00
  • Association Private Transfer Per: $0
  • Association Status Letter Percen: $150
  • Association Transfer Fee: $140
  • Entry Location: Exterior Access
  • Living Area: 331.00
  • New Home Community URL: http://www.infolatela.com/
  • Pets Allowed: Cats OK, Dogs OK
  • P P A: 384358.97
  • Restrictions Covenants: Affordable Housing, 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: 3
  • Common Walls: No One Above, 2+ Common Walls
  • Entry Level: 1
  • Main Level Bathrooms: 1
  • Window Features: Triple Pane Windows

Exterior Features

  • Foundation Details: Block
  • Roof: Membrane
  • Construction Materials: Block, Brick, Structural Steel
  • Exterior Features: Lighting
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Geothermal
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Key Card Entry, Smart Cameras, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 1341.00
  • Association Name: La Tela Condo Inc. ACCU
  • Association Fee Frequency: Annually
  • Association Management Type: Professionally Managed
  • Association Amenities: Bike Storage, Elevator(s)
  • Association Fee: 1341.00
  • Phone: 303-733-1121
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 0503630151151
  • Lot Size Acres: 0.39
  • Building Area Total: 331.00
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Sq Ft: 16988.00

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 92

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 880.00

MLS Schools

  • Elementary School: Dora Moore
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
La Tela Development Llc
Bought by
Kimbrough David

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 19, 2022
Sold by
La Tela Development Llc
Bought by
Lillie Mason O
Seller's Agent
Sherri Stinson
Invalesco Real Estate
Buyer's Agent
Rikki Brewer
Navigate Realty
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,900
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

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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
Special Warranty Deed -- --
Special Warranty Deed -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,900 New Conventional
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $163,000 +8.7% $492 / Sq Ft
08/19/2022 08/19/22 Sold $149,900 0.0% $453 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $149,900 -- $453 / 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
2022 $829 $10,420 $0 $10,420
2021 $322 $4,320 $0 $4,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 9523021

REcolorado®

APN: 5036-30-151