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1300 South Willow Street

1300 South Willow Street, Denver, CO 80247
Property in Devon Square
Sold Jan 31, 2024
$68,250,000
$43,117,000 by Jll Real Estate Capital, Llc
Mortgage Due Feb 01, 2031
Sold Aug 18, 2020
$69,000,000
$47,600,000 by Jll Real Estate Capital Llc
Mortgage Due Sep 01, 2030
1300 South Willow Street in Denver, CO was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 3 floors. There are a total of 0 rooms in the home, of which, 384 are bedrooms. In terms of bathrooms, there are a total of 386 full bathrooms. There are 386 partial bathrooms. 1300 South Willow Street has 262,684 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 603,742 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. For those who need parking, there is a detached garage. The garage is 16,707 sqft. There are a total of 53 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1300 South Willow Street sold most recently in Jan 31, 2024 for a total of $68,250,000. If you work out the math, that's approximately a cost of $258.89 per sqft. Before that, the property was also sold for $69,000,000 in Aug 14, 2020. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $389,918 in taxes each year. 1300 South Willow Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,639,415. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 13
  • Bedroom Count: 384
  • Bathroom Count: 386
  • Full Bathrooms: 386
  • Partial Bathrooms: 386
  • Bathroom Plumbing Fixtures: 108
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 252
  • Business/Commerical Units Count: 253
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 16,707
  • Parking Space Count: 53
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 603,742
  • Total Building Area: 263,624
  • Gross Building Area: 284,172
  • Building Area: 262,684
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 262,684
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEVON SQUARE SUB
  • Land Acres: 13.86
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: LOT 1 BLK 1 DEVON SQUARE SUB

Ownership

  • Current Owner : GELT ALLURE FEE OWNER LLC
  • Current Owner 2: ALLURE EXCHANGE LLC
  • Previous Owner : SRGMF III WILLOW DENVER LLC
  • Owner Before Previous Owner: EVERGREEN FLORIDA & WILLOW LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cherry Creek School District 5
  • Census Tract: 086801

Zoning

  • Zoning: ARA

Geography

  • Account Number: 034218530
  • Parcel: 1973-21-1-34-001
  • Block: 1
  • Lot: 1
  • Meridian: SEC 21 QTR 1 TWN 4S RNG 67W
  • Municipality: RE & PP
  • Latitude: 39.6924
  • Longitude: -104.887

    Address

  • Full Address: 1300 S Willow St
  • Address - House Number: 1300
  • Street Direction: S
  • Address - Street Name: Willow
  • Address - Suffix Type: St
  • State: CO
  • City Name: Denver
  • Carrier Code: C036
  • 4-Digit Zip Code: 2100
  • Zip Code: 80247

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $389,918
  • Tax Rate Code Area: 19-970

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $43,117,000
  • First Open Lien Mortgage Lender: JLL REAL ESTATE CAPITAL, LLC
  • First Open Lien Mortgage Recording Date: Jan 31, 2024
  • First Open Lien Mortgage Loan Amount: $43,117,000
  • First Open Lien Mortgage Term: 84
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2031

    Market Valuation

  • Market Total Value: $69,300,000
  • Market Land Value: $5,040,000
  • Market Improvement Value: $64,260,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,639,415

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11919826169
  • Current Sale Price: $68,250,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 5826
  • Previous Sale Recording Date: Aug 18, 2020
  • Previous Sale Contract Date: Aug 14, 2020
  • Previous Sale Amount: $69,000,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JLL REAL ESTATE CAPITAL, LLC
  • First Mortgage Transaction Date: Jan 31, 2024
  • First Mortgage Loan Amount: $43,117,000
  • First Mortgage Terms: 84
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: JLL REAL ESTATE CAPITAL LLC
  • Previous Mortgage Transaction Date: Aug 18, 2020
  • Previous Mortgage Loan Amount: $47,600,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Sep 01, 2030

About Southeast Denver



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Frequently Asked Questions

What neighborhood is 1300 South Willow Street located in?
The 1300 South Willow Street is a located in the neighborhood of Devon Square in Southeast Denver, Denver.
What is the average sales price for listings in 1300 South Willow Street?
The average sales price for units in 1300 South Willow Street is $0 currently.

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