$245,500
SOLD MAR 13, 2025

1050 N Lafayette St Unit 406 Denver, CO 80218

Cheesman Park Neighborhood
1 Bed
1 Bath
637 Sq Ft
$440/mo HOA Fee

Recently Sold

$385 Per Sq Ft

1% Below List Price

129 Days on Market

Highlights

  • Indoor Pool
  • Contemporary Architecture
  • Sauna
  • Morey Middle School Rated A
  • Wood Flooring
  • Elevator

About This Home

As of March 2025

Nestled on the fourth-floor of the Majorca Condominium just a half-block from Cheesman Park, this charming south-facing sunny one-bedroom condo has been meticulously cared for and updated. The eat-in-kitchen features stainless steel appliances, dishwasher, and a decorative brick backsplash with custom under cabinet lighting. Hardwood flooring runs throughout the kitchen and living area, and an oversize living room window provides tremendous natural light throughout the day. A queen-size bed is an ideal fit for the bedroom, and a cleverly built walk-in closet with custom organization maximizes storage space for your wardrobe. The carpet is low-pile with soft padding. The bathroom has been tastefully updated with an elegant vanity and features a full bathtub. Building amenities include an indoor pool, sauna, a laundry room on each floor, and a spacious roof deck offering spectacular panoramic views of the city lights and mountains!

Last Agent to Sell the Property

Jonathon Papsin

City Lights Denver Brokerage Phone: 303-550-0750 License #100047293 Listed on: 10/07/2024

Last Buyer's Agent

Dawn Soper

West and Main Homes Inc License #100055952

West and Main Homes Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,173

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • Two or More Common Walls
  • South Facing Home

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 637 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Pool

  • Indoor Pool

Schools

  • Dora Moore Elementary School
  • Morey Middle School
  • East High School

Utilities

  • Mini Split Air Conditioners
  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Decorative fireplace and any other personal property not negotiated into the contract.
  • Assessor Parcel Number 0502238079079

Community Details

Overview

  • Association fees include reserves, gas, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash, water
  • 45 Units
  • Avenue One Properties Llc Association, Phone Number (303) 804-9800
  • Mid-Rise Condominium
  • The Majorca Condominium Community
  • Inslees Add Subdivision
  • Community Parking

Amenities

  • Sauna
  • Coin Laundry
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,173

Year Built

Built in 1968 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Urban Contemporary
  • Structure Type: Mid Rise (4-7)
  • Levels: One
  • Building Name: The Majorca Condominium
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 637
  • Entry Location: Corridor Access
  • Exclusions: Decorative fireplace and any other personal property not negotiated into the contract.
  • Living Area: 637
  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Property Condition: Updated/Remodeled
  • Directions: Between 9th and 10th on N Lafayette St
  • SubdivisionName: Inslees Add
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Ratio Close Price By Original Li: 0.98594
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 1
  • Entry Level: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Exterior Features

  • Direction Faces: South
  • Roof: Unknown
  • Construction Materials: Brick
  • Pool Features: Indoor
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired)
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: Common Area
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Gas, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water
  • Association Name: Avenue One Properties LLC
  • Association Fee Frequency: Monthly
  • Association Amenities: Coin Laundry, Elevator(s), Laundry, Parking, Pool, Sauna
  • Association Fee: 439.89
  • Phone: (303) 804-9800
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 5278.68
  • REC_AssociationFeeTotalAnnual: 5278.68
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: www.ave1properties.com

Schools

  • Middle Or Junior School: Morey

Lot Info

  • Parcel Number: 0502238079079
  • Building Area Total: 637

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 45

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1173

MLS Schools

  • Elementary School: Dora Moore
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Mar 13, 2025
Sold by
Stain Courtney C
Bought by
Cotton Lauren Elizabeth
Seller's Agent
Jonathon Papsin
City Lights Denver
Buyer's Agent
Dawn Soper
West and Main Homes Inc
List Price
$249,000
Sold Price
$245,500
Premium/Discount to List
-$3,500
-1.41%
Views
55
Current Estimated Value
$238,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,617
Avg. Annual Appreciation
-3.49%
Original Mortgage
$241,052
Outstanding Balance
$239,837
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$954

Purchase Details

Closed on
Nov 17, 2014
Sold by
Reber Joseph P
Bought by
Stain Courtney C

Purchase Details

Closed on
Nov 20, 2000
Sold by
Mccleary Donna
Bought by
Reber Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,950
Interest Rate
7.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1995
Sold by
Shuttleworth Betty
Bought by
Mccleary Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,750
Interest Rate
8.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $245,500 Land Title
Warranty Deed $140,000 Assured Title
Warranty Deed $84,500 Stewart Title
Warranty Deed $34,500 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,052 FHA
Previous Owner $81,950 FHA
Previous Owner $32,750 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $245,500 -1.4% $385 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
10/07/2024 10/07/24 For Sale $249,000 0.0% $391 / Sq Ft
10/06/2023 10/06/23 Rented $1,700 0.0% --
09/26/2023 09/26/23 For Rent $1,700 -- --
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 $1,199 $15,140 $1,210 $13,930
2023 $1,173 $15,140 $1,210 $13,930
2022 $1,291 $16,230 $1,250 $14,980
2021 $1,246 $16,700 $1,290 $15,410
2020 $1,307 $17,620 $1,020 $16,600
2019 $1,271 $17,620 $1,020 $16,600
2018 $1,059 $13,690 $930 $12,760
2017 $1,056 $13,690 $930 $12,760
2016 $724 $8,880 $820 $8,060
2015 $694 $8,880 $820 $8,060
2014 $607 $7,310 $1,059 $6,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2207682

REcolorado®

APN: 5022-38-079