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Sold for $250,000
    • $250,000

    720 16th Street #518, Denver, CO 80202

    1beds
    469sqft
    Condominium
    Built in 1905
    -- sqft lot
    $235,600 Zestimate®
    $533/sqft
    $1,451 Estimated rent

    Home value

    $235,600

    $219,000 - $254,000

    $1,451/mo

    Zestimate® history
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    What's special

    Thoughtful designSpacious loftAbundant natural lightEnergy efficiencyCustom spiral wood-and-metal staircase
    Welcome to urban living at its finest in the iconic Neusteter building, a historic Denver treasure built in 1905. Located right on the vibrant 16th Street Mall, this meticulously maintained and beautifully updated condo offers an unbeatable value in the heart of Downtown Denver. The 16th Street Mall is undergoing a transformative renovation, with completion expected this year, providing even more to love about this prime location. The unit features all the upgrades you could want, including recently installed floor-to-ceiling double-pane windows for abundant natural light and energy efficiency. A custom spiral wood-and-metal staircase adds a stylish and functional touch, leading to the spacious loft. This condo is truly move-in ready, showcasing thoughtful design and meticulous care. The building itself is incredibly well-managed, with low HOA fees relative to other downtown properties, making it a smart investment as well as a beautiful home. Residents benefit from a secured entrance, a personal storage closet in the basement, and access to fantastic amenities, including a fitness center, business conference room, community lounge, bike storage room, and on-site laundry facilities. For those who need parking, the building offers a discounted rate of $175 per month with direct access to the parking garage. Don’t miss this opportunity to live in a piece of Denver’s history while enjoying all the convenience and excitement of downtown living. Schedule your showing today and move in just in time to enjoy the fully revitalized 16th Street Mall!

    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Miskiewicz 720-520-1748 rich.miskiewicz@compass.com,

    Compass - Denver

    Bought with:

    Kyle Michel, 100078148

    RE/MAX Momentum

    Source: REcolorado as distributed by MLS GRID,MLS#: 4676105MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Bedroom
    • Description: Custom Designed Spiral Staircase To Get Up To The Bedroom Loft
    • Level: Main
    Bathroom
    • Description: Brand New Modern Vanity And Shower Tiles
    • Level: Main
    Kitchen
    • Description: Stainless Steel Appliances, Plenty Of Cabinet And Counter Space, Eat In Bar Area
    • Level: Main
    Living room
    • Description: Abundance Of Natural Light With New Oversized Windows, Tall Ceilings And Bonus Office Space
    • Level: Main
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven
    • Laundry: Common Area
    Features
    • Eat-in Kitchen, High Ceilings, High Speed Internet
    • Flooring: Wood
    • Windows: Double Pane Windows
    • Has basement: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 469
    • Total interior livable area: 469 sqft
    • Finished area above ground: 469

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Features: Near Public Transit
    Details
    • Parcel number: 234530114
    • Zoning: D-C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Unknown
    Condition
    • Updated/Remodeled
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Key Card Entry, Secured Garage/Parking, Security Entrance, Smoke Detector(s)
    • Subdivision: East Denver Boyds
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Laundry, Management, Storage
    • Services included: Reserve Fund, Internet, Maintenance Structure, Sewer, Trash, Water
    • HOA fee: $325 monthly
    • HOA name: Neusteter Lofts
    • HOA phone: 303-420-4433
    Location
    • Region: Denver

    Financial & listing details

    • Price per square foot: $533/sqft
    • Tax assessed value: $228,000
    • Annual tax amount: $934
    • Date on market: 1/8/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Exclusions: Sellers Personal Property.
    • Ownership: Individual
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/31/2025Sold$250,000+0%$533/sqft
    Source: REcolorado as distributed by MLS GRID #4676105 Report a problem
    1/11/2025Pending sale$249,900$533/sqft
    Source: REcolorado as distributed by MLS GRID #4676105 Report a problem
    1/8/2025Listed for sale$249,900+14.7%$533/sqft
    Source: REcolorado as distributed by MLS GRID #4676105 Report a problem
    3/1/2021Sold$217,900-0.9%$465/sqft
    Source: Public Record Report a problem
    1/2/2021Listed for sale$219,900$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    11/21/2020Pending sale$219,900$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    11/16/2020Listed for sale$219,900$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    11/13/2020Pending sale$219,900$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    10/30/2020Listed for sale$219,900$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    10/25/2020Pending sale$219,900$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    10/23/2020Listed for sale$219,900+38.1%$469/sqft
    Source: Park Properties Realty Llc #1677543 Report a problem
    8/20/2020Listing removed$1,375$3/sqft
    Source: Zillow Rental Manager Report a problem
    7/29/2020Price change$1,375-8.3%$3/sqft
    Source: Zillow Rental Manager Report a problem
    7/22/2020Listed for rent$1,500$3/sqft
    Source: Zillow Rental Manager Report a problem
    1/12/2005Sold$159,200+20.6%$339/sqft
    Source: Public Record Report a problem
    8/6/2001Sold$132,000+24.6%$281/sqft
    Source: Public Record Report a problem
    2/22/2000Sold$105,900+76.5%$226/sqft
    Source: Public Record Report a problem
    8/14/1997Sold$60,000+11.1%$128/sqft
    Source: Public Record Report a problem
    10/14/1993Sold$54,000$115/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$954 +2.2%--
    2024$934 -17.5%$12,050 -19%
    2023$1,132 +3.6%$14,880 +4.6%
    2022$1,092 +0.2%$14,230 -2.8%
    2021$1,090 +2.9%$14,640 -0.4%
    2020$1,059 +0.5%$14,693 -0.7%
    2019$1,054 $14,796 +8.6%
    2018$1,054 +0.3%$13,630
    2017$1,051 +13.8%$13,630 +15.2%
    2016$924 +23.9%$11,830
    2015$746 0%$11,830 +31.7%
    2014$746 +6.9%$8,980 -8.3%
    2012$698 -2.4%$9,790 +0%
    2011$715 -19.5%$9,788 -8.9%
    2009$888 -0.2%$10,740 -19.2%
    2008$890 +23.9%$13,300
    2007$718 +1.1%$13,300 +24%
    2006$710 +9%$10,730
    2005$652 $10,730
    Find assessor info on the county website

    Neighborhood: Central Business District

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Greenlee
    • Middle: KIPP Sunshine Peak Academy
    • High: Southwest Early College
    • District: Denver 1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $235,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $235,600

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