NOT LISTED FOR SALE

Estimated Value: $773,541 - $964,000

2 Beds
2.5 Baths
2,256 Sq Ft
$1,331/mo HOA Fee

Last Sold September 12, 2022

Last sale price $947,000 $420 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,631/month

70 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City View
  • East High School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Grant Street Plaza

About This Home

As of September 2022

Rare opportunity to own this two-story 2bd/2.5bath Penthouse at Denver’s premiere Portofino Tower!

Upon entry one is welcomed by the grandiose staircase leading to the primary bedroom suite and the loft area. This Penthouse residence exudes a casual elegance, highlighted by the dramatic 20-foot ceilings and the southeast views of the Capital. Sunlight fills the entire living area of this beautiful Penthouse, offering an open, airy floor plan that flows effortlessly from one room to the next.

The main floor features a large open living room with emphasis on the spacious design, a fireplace for cozy Colorado nights, dining area, remote controlled motorized window coverings and marble flooring throughout.

The well-appointed kitchen features slab granite countertops, eat-up bar, stainless steel appliances, and double doors leading to a sizable terrace. Imagine enjoying your morning coffee while soaking in the morning sun or relaxing with evening cocktails. Perfect setting for entertaining family and friends.

The voluminous primary suite includes a sitting area, walk-in closet with washer and dryer, and a five-piece bathroom with a large jetted soaker tub. Situated off the primary suite is a private terrace – perfect for those morning or evening reads.

On the main floor you will also find a powder room and a spacious second bedroom with a five-piece bathroom and walk-in closet. The bedrooms are truly a personal oasis.

The open loft area is ideal for an in-home office or library.

First class amenities such as: concierge, fitness facility, steam room, sauna, secure parking, wine lockers, and guest suite at a nightly fee.

This Penthouse is unparalleled to any other property currently offered in the Denver market and offers prestige and appeal to the most sophisticated buyer.

Last Listed By

Jorgen Christiansen

Urban Realty LLC License #040012053 Listed on: 06/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 2003

Lot Details

  • 610

HOA Fees

  • $1,331 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Smart Window Coverings
  • Living Room with Fireplace

Kitchen

  • Self-Cleaning Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Subterranean Spaces
  • Paved Parking

Schools

  • Whittier E-8 Elementary School
  • Bruce Randolph Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Patio
  • End Unit

Listing and Financial Details

  • Exclusions: Staging furniture and accessories
  • Assessor Parcel Number 2349-07-085

Community Details

Overview

  • Association fees include capital reserves, insurance, ground maintenance, maintenance structure, recycling, security, sewer, snow removal, trash, water
  • $300 HOA Transfer Fee
  • Portofino Tower Homeowners Association, Phone Number (303) 260-7177
  • Visit Association Website
  • High-Rise Condominium
  • Portofino Tower Community
  • Uptown Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • Community Parking

Amenities

  • Concierge
  • Elevator
  • Community Storage Space

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,042

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,331 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Urban Contemporary
  • Structure Type: High Rise (8+)
  • Levels: Two
  • Building Name: Portofino Tower
  • Above Grade Price per Sq Ft: 419.77
  • Finished Price per Sq Ft: 419.77
  • Total Price per Sq Ft: 419.77
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2256.00
  • Annual Association Fee: 15977.64
  • Association Status Letter Percen: $100
  • Association Transfer Fee: $300
  • Exclusions: Staging furniture and accessories
  • Living Area: 2256.00
  • Pets Allowed: Cats OK, Dogs OK
  • Reserved Spaces: 2
  • Restrictions Covenants: Yes
  • Submitted Prospect: Yes
  • Upper Level Bathrooms: 1
  • Upper Level Bedrooms: 1
  • Directions: On Grant St. between 18th and 19th Street.
  • SubdivisionName: Uptown
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Fireplaces: 1
  • Interior Amenities: Five Piece Bath, Granite Counters, High Ceilings, Open Floorplan, Primary Suite, Smart Window Coverings, Walk-In Closet(s)
  • Flooring: Carpet, Stone
  • Fireplace Features: Gas Log, Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Room Count: 10
  • Common Walls: End Unit
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Roof: Unknown
  • Construction Materials: Concrete, Stucco
  • View: City
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Concrete, Underground
  • Total Parking Spaces: 2

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Capital Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water
  • Annual Association Fees: 15977.64
  • Association Name: Portofino Tower Homeowners
  • Association Fee Frequency: Monthly
  • Association Management Type: Professionally Managed
  • Association Amenities: Concierge, Elevator(s), Fitness Center, Front Desk, Parking, Security, Storage
  • Association Fee: 1331.47
  • Phone: 303-260-7177
  • Association Website: https://hoasimple.com/
  • Association: Yes

Schools

  • School District: Denver 1
  • Elementary School: Whittier E-8
  • Middle School: Bruce Randolph
  • High School: East
  • Middle Or Junior School: Bruce Randolph

Lot Info

  • Parcel Number: 2349-07-085
  • Building Area Total: 2256.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5042.00

MLS Schools

  • Elementary School: Whittier E-8
  • High School: East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Sep 9, 2022
Sold by
Jetter Connie S
Bought by
Cancar Vlatko
Seller's Agent
Jorgen Christiansen
Urban Realty LLC
Buyer's Agent
Kim Norton
Kentwood Real Estate Cherry Creek
List Price
$1,250,000
Sold Price
$947,000
Premium/Discount to List
-$303,000
-24.24%
Total Days on Market
70
Views
1
Current Estimated Value
$878,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,865
Avg. Annual Appreciation
-2.83%
Original Mortgage
$475,000
Outstanding Balance
$456,123
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$422,012

Purchase Details

Closed on
Dec 24, 2007
Sold by
Countrywide Bank Na
Bought by
Jetter Donald R and Jetter Connie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2007
Sold by
Mckee James Kevin
Bought by
Countrywide Bank Na

Purchase Details

Closed on
Jun 16, 2004
Sold by
Mckee James Kevin
Bought by
Mckee James Kevin and James Kevin Mckee Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
1.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
Portofino Development Llc
Bought by
Mckee James Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

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
Cancar Vlatko $473,500 New Title Company Name
Cancar Vlatko $473,500 --
Jetter Donald R $745,000 None Available
Countrywide Bank Na -- None Available
Mckee James Kevin -- --
Mckee James Kevin $1,295,562 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cancar Vlatko $475,000
Previous Owner Jetter Donald R $417,000
Previous Owner Jetter Donald R $500,000
Previous Owner Jetter Donald R $596,000
Previous Owner Mckee James Kevin $1,000,000
Previous Owner Mckee James Kevin $1,036,400
Previous Owner Mckee James Kevin $129,560
Closed Mckee James Kevin $129,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $947,000 -5.3% $420 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $1,000,000 -20.0% $443 / Sq Ft
06/03/2022 06/03/22 For Sale $1,250,000 -- $554 / 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 $4,892 $61,760 $6,720 $55,040
2023 $4,786 $61,760 $6,720 $55,040
2022 $5,224 $65,690 $6,480 $59,210
2021 $5,042 $67,570 $6,660 $60,910
2020 $4,729 $63,740 $3,330 $60,410
2019 $4,597 $63,740 $3,330 $60,410
2018 $5,847 $75,580 $3,360 $72,220
2017 $5,830 $75,580 $3,360 $72,220
2016 $5,253 $64,420 $3,709 $60,711
2015 $5,033 $64,420 $3,709 $60,711
2014 $4,599 $55,370 $1,974 $53,396
Source: Public Records

Agents Affiliated with this Home

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Source: REcolorado®

MLS Number: 8109091

REcolorado®

APN: 2349-07-085