NOT LISTED FOR SALE

720 16th St Unit 521 Denver, CO 80202

Central Business District Neighborhood

Estimated Value: $433,000 - $614,000

2 Beds
2.5 Baths
1,727 Sq Ft
$856/mo HOA Fee

Last Sold November 08, 2022

Last sale price $568,000 $329 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,243/month

18 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to 16Th-California
  • Rooftop Deck
  • 24-Hour Security
  • Penthouse
  • Primary Bedroom Suite

About This Home

As of November 2022

****Seller says bring an offer! New price improvement and seller concessions available. The PERFECT place for your downtown lifestyle! Located on the 16th Street Mall in the Neusteters Residences, this 5th floor penthouse is the THE spot if you’re looking for convenience, fun, quiet living, and access to transit, entertainment, bars, sports venues, arts/culture and restaurants! No shared walls and tons of sunlight from south-facing tall windows. This unit also owns approximately 880 sq ft of roof rights and the seller has the design/drawings for a rooftop hideaway just waiting for the new owners to complete the dream. Plenty of storage in the unit as well as a storage unit in the garage (#80) and a deeded parking space (#47). Take the service elevator next to the unit down to the basement to see them. Amenities include secure lobby, on-site management, fitness & conference centers and party room. Most of your utilities are included in the HOA fees (water, trash, heat and high speed internet). Custom made Murphy Beds make it possible to sleep 6 people comfortably! The seller has relocated for work and would love to sell most of the furnishings. Please let me know if your buyer is interested in the furnishings.

Last Agent to Sell the Property

Kelly Swindell

JPAR Modern Real Estate License #100067038 Listed on: 09/23/2022

JPAR Modern Real Estate

Last Buyer's Agent

Allison Smookler

Kentwood Real Estate Cherry Creek License #040027973

Kentwood Real Estate Cherry Creek

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • No Common Walls
  • Southwest Facing Home

HOA Fees

  • $856 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Secured Garage or Parking

Property Views

  • City
  • Mountain

Home Design

  • Penthouse
  • Brick Exterior Construction
  • Membrane Roofing
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,727 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Window Treatments

Kitchen

  • Self-Cleaning Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Utility Sink
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Schools

  • Greenlee Elementary School
  • Compass Academy Middle School
  • West High School
  • School of Choice Available

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Approach with Ramp
  • Smoke Free Home
  • Rooftop Deck
  • Property is near public transit

Listing and Financial Details

  • Exclusions: Seller's Personal Items and Staging Items
  • Assessor Parcel Number 2345-30-117

Community Details

Overview

  • Association fees include capital reserves, exterior maintenance w/out roof, heat, insurance, internet, ground maintenance, maintenance structure, security, sewer, snow removal, trash, water
  • Msi Association, Phone Number (303) 420-4433
  • Visit Association Website
  • Mid-Rise Condominium
  • Neusteters Building Condos Community
  • East Denver Boyds Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Community Parking

Amenities

  • Business Center
  • Coin Laundry
  • Bike Room
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,545

Year Built

Built in 1905 | Remodeled

Lot Details

0

HOA Fees

$856 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Loft
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: Neusteters Building Condos
  • Above Grade Price per Sq Ft: 328.89
  • Finished Price per Sq Ft: 328.89
  • Total Price per Sq Ft: 328.89
  • School Of Choice Yn: Yes
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1727.00
  • Accessibility Features: Accessible Approach with Ramp
  • Annual Association Fee: 10272.00
  • Entry Location: Penthouse
  • Exclusions: Seller's Personal Items and Staging Items
  • Living Area: 1727.00
  • Pets Allowed: Cats OK, Dogs OK
  • P P A: 1159183.67
  • Restrictions Covenants: Lease Restrictions
  • Restrictions Covenants: Yes
  • Submitted Prospect: Yes
  • Property Condition: Updated/Remodeled
  • Directions: On the southeast corner of 16th and Stout.
  • SubdivisionName: East Denver Boyds
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer, Wine Cooler
  • Interior Amenities: Built-in Features, Elevator, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Pantry, Primary Suite, Smoke Free, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Laminate, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 9
  • Common Walls: No Common Walls
  • Total Bedrooms: 2
  • Entry Level: 5
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Window Features: Window Coverings

Exterior Features

  • Direction Faces: Southwest
  • Roof: Membrane
  • Construction Materials: Brick, Concrete
  • View: City, Mountain(s)
  • Exterior Features: Elevator
  • Patio and Porch Features: Rooftop
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Storage, Underground
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Phone Available
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Secured Garage/Parking, Security Entrance, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Capital Reserves, Exterior Maintenance w/out Roof, Heat, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 10272.00
  • Association Name: MSI
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Bike Storage, Business Center, Coin Laundry, Elevator(s), Fitness Center, Laundry, On Site Management, Parking, Storage
  • Association Fee: 856.00
  • Phone: 303 420 4433
  • Association Website: http://www.msihoa.com/
  • Association: Yes

Schools

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

Lot Info

  • Parcel Number: 2345-30-117
  • Lot Size Acres: 0.49
  • Building Area Total: 1727.00
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 21344.40

Rental Info

  • Rentals Allowed: Long Term
  • Furnished: Negotiable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2545.00

MLS Schools

  • Elementary School: Greenlee
  • High School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Nov 8, 2022
Sold by
Swaney Paul
Bought by
Wagner Diana J
Seller's Agent
Kelly Swindell
JPAR Modern Real Estate
Buyer's Agent
Allison Smookler
Kentwood Real Estate Cherry Creek
List Price
$620,000
Sold Price
$568,000
Premium/Discount to List
-$52,000
-8.39%
Views
11
Current Estimated Value
$563,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,305
Avg. Annual Appreciation
-0.19%
Original Mortgage
$426,000
Outstanding Balance
$414,418
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$150,669

Purchase Details

Closed on
Feb 23, 2017
Sold by
Kolasa Gail A and Kolasa Zachary V
Bought by
Swaney Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
John L Swarts Trust
Bought by
Kolasa Gail A and Kolasa Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Swarts John L and Patterson Michael
Bought by
John L Swarts Trust and Michael Patterson Trust

Purchase Details

Closed on
May 26, 2009
Sold by
Swarts John L
Bought by
Swarts John L and Patterson Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,492
Interest Rate
4.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2003
Sold by
Simone Thomas and Simone Rosemarie
Bought by
Swarts John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 1995
Sold by
Neulaw Inc
Bought by
Simone Thomas and Simone Rosemarie

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
9%
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
Wagner Diana J $568,000 --
Swaney Paul $475,000 Land Title Guarantee
Kolasa Gail A $380,000 Land Title Guarantee Company
John L Swarts Trust -- None Available
Swarts John L -- Land Title Guarantee Company
Swarts John L $299,000 American Liberty Title
Simone Thomas $148,000 Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Diana J $426,000
Previous Owner Swaney Paul $380,000
Previous Owner Kolasa Gail A $304,000
Previous Owner Patterson Michael $127,492
Previous Owner Swarts John L $152,508
Previous Owner Swarts John L $214,000
Previous Owner Simone Thomas $82,000
Previous Owner Simone Thomas $88,990
Previous Owner Simone Thomas $30,000
Previous Owner Simone Thomas $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2022 11/08/22 Sold $568,000 0.0% $329 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $568,000 -3.6% $329 / Sq Ft
10/05/2022 10/05/22 Price Changed $589,000 -1.7% $341 / Sq Ft
09/30/2022 09/30/22 Price Changed $599,000 -3.4% $347 / Sq Ft
09/23/2022 09/23/22 For Sale $620,000 -- $359 / 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 $3,284 $41,460 $6,160 $35,300
2023 $3,213 $41,460 $6,160 $35,300
2022 $3,190 $40,110 $10,220 $29,890
2021 $2,545 $41,260 $10,510 $30,750
2020 $2,138 $35,970 $9,760 $26,210
2019 $2,078 $35,970 $9,760 $26,210
2018 $2,048 $33,670 $9,070 $24,600
2017 $2,597 $33,670 $9,070 $24,600
2016 $2,532 $31,050 $8,358 $22,692
2015 $2,426 $39,430 $8,358 $31,072
2014 $1,993 $24,000 $6,296 $17,704
Source: Public Records

Agents Affiliated with this Home

  • Kelly Swindell

    Seller's Agent in 2022

    Kelly Swindell

    JPAR Modern Real Estate

    (303) 525-2975

    1 in this area

    32 Total Sales

    Section Image
  • Allison Smookler

    Buyer's Agent in 2022

    Allison Smookler

    Kentwood Real Estate

    (303) 956-1516

    1 in this area

    142 Total Sales

    Section Image
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Map

Source: REcolorado®

MLS Number: 7300881

REcolorado®

APN: 2345-30-117

Colorado Denver County Denver 80202 Central Business District

720 16th St Unit 521, Denver, CO

This home is located at 720 16th St Unit 521, Denver, CO 80202 since 23 September 2022 and is currently estimated at $534,870, approximately $309 per square foot. This property was built in 1905. 720 16th St Unit 521 is a home located in Denver County with nearby schools including Greenlee Elementary School, Kepner Beacon Middle School, and West High School.

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