Seller's Agent in 2024
EmpowerHome Team Colorado
Keller Williams Realty Northern Colorado
(970) 610-6708
1 in this area
98 Total Sales
720 16th St Unit 221 Denver, CO 80202
Central Business District NeighborhoodEstimated Value: $386,000 - $519,000
2
Beds
1
Bath
1,365
Sq Ft
$831/mo
HOA Fee
Highlights
- Fitness Center
- 1-minute walk to 16Th-California
- Clubhouse
- The property is located in a historic district
- Open Floorplan
- Wood Flooring
About This Home
As of March 2024Welcome home to where history meets contemporary living, in one of the largest floorplans offered in the historic Neusteters building. This spacious open concept design and dramatic 13’ ceilings seamlessly blend modern style with the historic charm of the 1900s. Cooks of all skill sets will love the spacious kitchen that’s been updated with SS appliances, quartz countertops, and floor to ceiling cabinets that feature a fun ladder- adding a touch of character & functionality to the space! The oversized island allows for extra bar seating and the perfect hosting set up. The nearby dining area will accommodate parties of all sizes. Countless living room configurations are possible in the generous sized living room, providing ample entertainment space. Both bedrooms feature walk-in closets and washer/dryer hook ups in the 2nd bedroom allows for in-unit laundry if you don’t want to take the trip to the community room. The building includes modern amenities of a gym, coworking space, and entertainment room- plus the HOA covers your internet & water utilities! There are numerous nearby parking options plus the seller will include a 1 year lease in the adjacent garage. This residence is not just a home; it's an invitation to immerse yourself in the energy and excitement of Denver. Explore the diverse culinary scene with easy access to nearby restaurants, creating a vibrant and dynamic living experience. With proximity to the light rail, commuting is a breeze to numerous nearby attractions including Ball Arena, Union Station, Coors Field, Larimer Square, DCPA & more! The Neusteters building has over a century of history in downtown Denver, originally serving as an elegant department store. After closing its doors in the 1980's, the property began its second life as The Residences at Neusteters and was one of the first residential buildings downtown. Live where your daily life is both comfortable and culturally rich, don't miss the chance to make this vibrant residence yours!
Last Agent to Sell the Property
Keller Williams Realty Northern Colorado Brokerage Email: Colorado-Contracts@empowerhome.com,303-940-4952 Listed on: 01/03/2024
Last Buyer's Agent
Jill Tennison
Redfin Corporation License #100065795
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,176
Year Built
- Built in 1905 | Remodeled
Lot Details
- 348
HOA Fees
- $831 Monthly HOA Fees
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Stone Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1,365 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Double Pane Windows
- Laundry in unit
Kitchen
- Convection Oven
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Home Security
Location
- The property is located in a historic district
Schools
- Greenlee Elementary School
- Kepner Middle School
- West High School
Utilities
- Central Air
- 110 Volts
- Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Exclusions: Staging items
- Assessor Parcel Number 2345-30-055
Community Details
Overview
- Association fees include reserves, insurance, internet, ground maintenance, maintenance structure, sewer, snow removal, trash, water
- Neusteter Lofts Association, Phone Number (303) 420-4433
- Mid-Rise Condominium
- East Denver Boyds Subdivision
Amenities
- Clubhouse
- Business Center
- Laundry Facilities
- Elevator
Recreation
- Fitness Center
Pet Policy
- Dogs and Cats Allowed
Security
- Card or Code Access
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 19, 2024
Sold by
Myklebust Erik
Bought by
Kruse Nathanael
Seller's Agent
EmpowerHome Team Colorado
Keller Williams Realty Northern Colorado
Buyer's Agent
Jill Tennison
Redfin Corporation
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Views
372
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
$99,953
Avg. Annual Appreciation
16.77%
Original Mortgage
$315,000
Outstanding Balance
$309,770
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$140,183
Purchase Details
Listed on
Jun 10, 2022
Closed on
Nov 15, 2022
Sold by
Poikonen Stefan Allan
Bought by
Myklebust Erik
Seller's Agent
Todd L Crosbie
LIV Sotheby's International Realty
Buyer's Agent
Todd L Crosbie
LIV Sotheby's International Realty
List Price
$474,900
Sold Price
$415,000
Premium/Discount to List
-$59,900
-12.61%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.94%
Original Mortgage
$311,250
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2018
Sold by
Cunnigham Andree L
Bought by
Poikonen Stefan Allan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 30, 2015
Closed on
Dec 16, 2015
Sold by
Ureel Debra K
Bought by
Cunningham Andrea L
Seller's Agent
Erenst Arellano
LoKation Real Estate
Buyer's Agent
Erenst Arellano
LoKation Real Estate
List Price
$375,000
Sold Price
$250,500
Premium/Discount to List
-$124,500
-33.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$187,875
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2002
Sold by
Wiggins Melinda M
Bought by
Ureel Debra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.11%
Purchase Details
Closed on
Oct 29, 1999
Sold by
Warren Christopher
Bought by
Wiggins Melinda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.25%
Purchase Details
Closed on
Dec 22, 1997
Sold by
Stephen Heath
Bought by
Warren Christopher and Warren Shauntell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.18%
Purchase Details
Closed on
Aug 1, 1994
Sold by
Doud Sharon K
Bought by
Heath Stephan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Purchase Details
Closed on
Apr 1, 1994
Sold by
Neulaw Inc
Bought by
Doud Sharon K
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 |
|---|---|---|---|
| Kruse Nathanael | $350,000 | Land Title | |
| Myklebust Erik | $415,000 | Land Title | |
| Poikonen Stefan Allan | $365,000 | North American Title | |
| Cunningham Andrea L | $250,500 | Colorado Escrow & Title | |
| Ureel Debra K | $247,000 | -- | |
| Wiggins Melinda M | $170,000 | -- | |
| Warren Christopher | $154,500 | Land Title | |
| Heath Stephan | $114,000 | -- | |
| Doud Sharon K | $99,700 | Land Title Guarantee Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kruse Nathanael | $315,000 | |
| Previous Owner | Myklebust Erik | $311,250 | |
| Previous Owner | Poikonen Stefan Allan | $328,500 | |
| Previous Owner | Cunningham Andrea L | $187,875 | |
| Previous Owner | Ureel Debra K | $222,000 | |
| Previous Owner | Wiggins Melinda M | $153,000 | |
| Previous Owner | Warren Christopher | $139,000 | |
| Previous Owner | Heath Stephan | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $350,000 | -4.1% | $256 / Sq Ft | |
| 02/02/2024 02/02/24 | Price Changed | $365,000 | -2.7% | $267 / Sq Ft | |
| 01/03/2024 01/03/24 | For Sale | $375,000 | -9.6% | $275 / Sq Ft | |
| 11/15/2022 11/15/22 | Sold | $415,000 | -2.3% | $304 / Sq Ft | View Prior Sale |
| 09/28/2022 09/28/22 | Pending | -- | -- | -- | |
| 08/05/2022 08/05/22 | Price Changed | $424,900 | -5.6% | $311 / Sq Ft | |
| 06/17/2022 06/17/22 | Price Changed | $449,900 | -5.3% | $330 / Sq Ft | |
| 06/10/2022 06/10/22 | For Sale | $474,900 | +89.6% | $348 / Sq Ft | |
| 01/28/2019 01/28/19 | Off Market | $250,500 | -- | -- | |
| 12/16/2015 12/16/15 | Sold | $250,500 | -33.2% | $184 / Sq Ft | View Prior Sale |
| 10/14/2015 10/14/15 | Pending | -- | -- | -- | |
| 04/30/2015 04/30/15 | For Sale | $375,000 | -- | $275 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $3,074 | $38,810 | $5,070 | $33,740 |
| 2023 | $3,007 | $38,810 | $5,070 | $33,740 |
| 2022 | $3,176 | $39,940 | $9,080 | $30,860 |
| 2021 | $3,066 | $41,090 | $9,340 | $31,750 |
| 2020 | $1,936 | $26,100 | $8,670 | $17,430 |
| 2019 | $1,882 | $26,100 | $8,670 | $17,430 |
| 2018 | $2,001 | $25,870 | $8,060 | $17,810 |
| 2017 | $1,995 | $25,870 | $8,060 | $17,810 |
| 2016 | $1,626 | $28,840 | $7,427 | $21,413 |
| 2015 | $2,253 | $28,840 | $7,427 | $21,413 |
| 2014 | $1,484 | $17,870 | $5,596 | $12,274 |
Source: Public Records
Agents Affiliated with this Home
-
EmpowerHome Team Colorado
-
Jill Tennison
J
Buyer's Agent in 2024
Jill Tennison
Redfin Corporation
-
Todd L Crosbie
Seller's Agent in 2022
Todd L Crosbie
LIV Sotheby's International Realty
(303) 887-9992
1 in this area
104 Total Sales
-
E
Seller's Agent in 2015
Erenst Arellano
LoKation Real Estate
Map
Source: REcolorado®
MLS Number: 3771076
APN: 2345-30-055
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