Comparative Market Analysis

Page 1

at Keller Williams Integrity

MarComparativeketAnalysis 942 South Elk Way, Aurora, Colorado 80018 Ashley Ortega AUGUST 25, 2022 Holly Vogel

4906 S Buchanan St, Aurora, CO 80016-5949, Arapahoe County APN: 2071-07-3-33-009 CLIP: 8758109667 MLS Beds 4 MLS Full Baths 1 Half Baths N/A MLS Sale Price $447,500 MLS Sale Date 09/20/2018 MLS Sq Ft 2,798 Lot Sq Ft 5,512 Yr Built 2014 Type SFR OWNER INFORMATION Owner Name Vogel Nicholas J Mailing ZIP 4 5949 Mailing Address 4906 S Buchanan St Mailing Carrier Route R038 Mailing City & State Aurora, CO Owner Occupied Yes Mailing Zip 80016 LOCATION INFORMATION Property Zip 80016 High School Cherokee Trail Property Zip4 5949 Subdivision Tollgate Crossing Sub Filing 10 Property Carrier Route R038 Census Tract 71 06 School District Cherry Creek 5 Block 4 Elementary School Buffalo Trail Lot 9 Middle School Infinity TAX INFORMATION PIN 2071-07-3-33-009 % Improved 67% Alternate PIN 035084809 Tax District 0814 Schedule Number 207107333009 Legal Description LOT 9 BLK 4 TOLLGATE CROSSIN G SUB FILING NO 10 EX M/R'S ASSESSMENT & TAX Assessment Year 2021 2020 2019 Market Value Land $155,100 $89,000 $89,000 Market Value Improved $318,500 $370,600 $370,600 Market Value Total $473,600 $459,600 $459,600 Assessed Value Land $11,090 $6,364 $6,364 Assessed Value Improved $22,773 $26,498 $26,498 Assessed Value Total $33,863 $32,862 $32,862 YOY Assessed Change (%) 3 05% 0% YOY Assessed Change ($) $1,001 $0 Tax Year Total Tax Change ($) Change (%) 2019 $4,359 2020 $4,442 $83 1.91% 2021 $4,356 $86 1.94% CHARACTERISTICS Lot Frontage 52 Bedrooms 4 Lot Depth 106 Baths Total 3 Lot Acres 0.1265 MLS Total Baths 3 Lot Sq Ft 5,512 Baths Full Tax: 3 MLS: 1 Land Use County Single Family Resid Baths Half MLS: 1 Land Use CoreLogic SFR Stories 2 Building Type Single Family Cooling Type Central Year Built 2014 Heat Type Forced Air Bldg Sq Ft Above Ground 2,798 Patio Type Deck Bldg Sq Ft Basement 936 Garage Type Attached Garage Bldg Sq Ft Finished 2,798 Garage Capacity MLS: 2 Bldg Sq Ft 1st Floor 1,242 Garage Sq Ft 360 Bldg Sq Ft 2nd Floor 1,556 Roof Material Asphalt Shingle Basement Type Tax: Basement MLS: Slab Exterior Vinyl # Buildings 1 Quality Good FEATURES Feature Type Size/Qty Property Details Courtesy of Holly Vogel, REcolorado Generated on:08/22/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/3

First Floor 1,242 Attached Garage 360 Covered Porch 114 Deck 180 Second Floor 1,556 Basement Total 936 SELL SCORE Rating Low Value As Of 2022-08-14 05:02:38 Sell Score 462 LISTING INFORMATION MLS Listing Id 8195087 MLS Close Price $447,500 MLS Days On Market 93 MLS Listing Contract Date 04/21/2018 MLS Source REcolorado MLS Close Date 09/20/2018 MLS Status Closed MLS List Office Name PREFERRED REAL ESTATE MLS Status Change Date 09/20/2018 MLS List Agent Full Name 040307 Brenda Amundsen MLS Current Price $449,999 MLS Buyer Agent Full Name 010782 Lonnie Dreiling MLS Original List Price $479,900 MLS Buyer Office Name DREILING REAL ESTATE CO MLS Listing # 2253981 1822604 6556821 MLS Source History REcolorado REcolorado REcolorado MLS Status Leased Leased Expired MLS Listing Price $2,500 $2,400 $429,000 MLS Orig Listing Price $2,500 $2,400 $442,000 MLS Listing Date 07/17/2017 08/02/2016 06/23/2016 MLS Listing Expiration Date 10/03/2016 LAST MARKET SALE & SALES HISTORY Sale Date 09/20/2018 Deed Type Warranty Deed Sale Price $447,500 Owner Name Vogel Nicholas J Price per SqFt Finished $159 94 Seller Gopal Deepakkumar Document Number D8094080 Sale Date 09/20/2018 03/18/2015 Sale Price $447,500 $319,300 Buyer Vogel Nicholas J & Holly B Gopal Deepakkumar Buyer Vogel Holly B Sripada Shridevi Seller Gopal Deepakkumar Oakwood Homes LLC Document Number D8094080 D5028371 Document Type Warranty Deed Warranty Deed Title Company Indecomm Global Svcs Town & Cntry Title Svcs Inc MORTGAGE HISTORY Mortgage Date 10/19/2021 07/21/2020 09/21/2018 03/24/2015 Mortgage Amount $373,000 $372,000 $354,475 $255,432 Mortgage Lender Bay Equity LLC Home Mtg Alliance Fairway Independent Mtg C orp Wells Fargo Bk Na Borrower Vogel Nicholas J Vogel Nicholas J Vogel Nicholas J Gopal Deepakkumar Borrower Vogel Holly B Vogel Holly B Vogel Holly B Sripada Shridevi Mortgage Type Conventional Conventional Conventional Conventional Mortgage Purpose Refi Refi Resale 1st Time Sale Mortgage Term 30 30 30 30 Mortgage Term Years Years Years Years Title Company Fitco First Integrity Title First Integrity Title Property Details Courtesy of Holly Vogel, REcolorado Generated on:08/22/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/3

PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Holly Vogel, REcolorado Generated on:08/22/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 3/3

942 S Elk Way, Aurora, CO 80018-6163, Arapahoe County APN: 1977-18-4-05-011 CLIP: 1039833772 MLS Beds 3 Full Baths 3 Half Baths N/A MLS Sale Price $450,400 MLS Sale Date 05/28/2021 MLS Sq Ft 1,883 Lot Sq Ft 5,908 Yr Built 2021 Type SFR OWNER INFORMATION Owner Name Ortega Ashley Thalia Mailing ZIP 4 6163 Mailing Address 942 S Elk Way Mailing Carrier Route R083 Mailing City & State Aurora, CO Owner Occupied Yes Mailing Zip 80018 LOCATION INFORMATION Property Zip 80018 High School Vista Peak Property Zip4 6163 Subdivision Waterstone Sub Flg 1 Property Carrier Route R083 Census Tract 71 08 School District Adams Arapahoe 28j Block 5 Elementary School Murphy Creek Lot 11 Middle School Murphy Creek TAX INFORMATION PIN 1977-18-4-05-011 Schedule Number 197718405011 Alternate PIN 035320332 Tax District 1858 Legal Description LOT 11 BLK 5 WATERSTONE SUB FLG NO 1 EX M/R'S ASSESSMENT & TAX Assessment Year 2021 2020 2019 Market Value Land $66,072 $34,151 $40,695 Market Value Total $66,072 $34,151 $40,695 Assessed Value Land $9,904 $11,802 Assessed Value Total $19,161 $9,904 $11,802 YOY Assessed Change (%) 93 47% 16 08% YOY Assessed Change ($) $9,257 $1,898 Tax Year Total Tax Change ($) Change (%) 2019 $2,171 2020 $1,827 $343 15 82% 2021 $3,471 $1,643 89 92% CHARACTERISTICS Lot Acres 0 1356 Bedrooms 3 Lot Sq Ft 5,908 Baths Total 3 Land Use County Single Family Resid MLS Total Baths 3 Land Use CoreLogic Tax: SFR MLS: Residential (NEC) Baths Full 3 Building Type Single Family Stories 2 Year Built 2021 Cooling Type Central Bldg Sq Ft Above Ground 1,897 Heat Type Forced Air Bldg Sq Ft Basement 915 Garage Type Attached Garage Bldg Sq Ft Finished Tax: 1,897 MLS: 1,883 Garage Capacity MLS: 2 Bldg Sq Ft 1st Floor 915 Garage Sq Ft 550 Bldg Sq Ft 2nd Floor 982 Roof Material Asphalt Shingle Basement Type Basement Exterior Wood Siding # Buildings 1 Quality Good FEATURES Feature Type Size/Qty First Floor 915 Second Floor 982 Basement Total 915 Attached Garage 550 Property Details Courtesy of Holly Vogel, REcolorado Generated on:08/25/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/2

Covered Porch 113 SELL SCORE Rating Low Value As Of 2022 08 22 17:58:51 Sell Score 446 LISTING INFORMATION MLS Listing Id 6878092 MLS Close Date 05/28/2021 MLS Source REcolorado MLS List Office Name SOLD ENTERED FOR COMPS ONL Y MLS Status Closed MLS List Agent Full Name Soldcomp Sold Comp MLS Status Change Date 05/28/2021 MLS Buyer Agent Full Name 02029t-Team Lassen MLS Close Price $450,400 MLS Buyer Office Name MB TEAM LASSEN LAST MARKET SALE & SALES HISTORY Sale Date 05/28/2021 Deed Type Special Warranty Deed Sale Price $450,400 Owner Name Ortega Ashley Thalia Price per SqFt Finished $237 43 Seller Lennar Colorado LLC Document Number E1087930 Sale Date 05/28/2021 Sale Price $450,400 Buyer Ortega Ashley T Buyer Ramirez Juan M A Seller Lennar Colorado LLC Document Number E1087930 Document Type Special Warranty Deed Title Company Lawyers Title MORTGAGE HISTORY Mortgage Date 06/02/2021 Mortgage Amount $426,400 Mortgage Lender 144421 Borrower Ortega Ashley T Borrower Ramirez Juan M A Mortgage Type Conventional Mortgage Purpose 1st Time Sale Mortgage Term 30 Mortgage Term Years PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Holly Vogel, REcolorado Generated on:08/25/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/2

Online Valuation Analysis How accurate are Zestimates? 0.0% $2 Zestimates varied up to 0.0% or $2 compared to actual MLS prices. A ADDRESS PRICE ZESTIMATE DIFFERENCE 24554 E Walsh Avenue $525,000 24443 E Walsh Avenue $575,000 827 S Flat Rock Way $575,000 P ADDRESS PRICE ZESTIMATE DIFFERENCE 24347 E Kansas Circle $495,000 $495,002 0.0% 24503 E Walsh Avenue $550,000 S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 24476 E Ohio Drive 8/19/22 $610,000 Source: Zillow 3 Active 2 Pending 1 Sold Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 5

Map of Comparable Listings STATUS: A = ACTIVE P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 942 S Elk Way 2 7648786 A 24554 E Walsh Avenue 3 3.00 1,883 $525,000 3 4619492 A 24443 E Walsh Avenue 3 3.00 2,140 $575,000 4 5589119 A 827 S Flat Rock Way 3 3.00 1,883 $575,000 5 3410309 P 24347 E Kansas Circle 3 2 00 1,700 $495,000 6 2029663 P 24503 E Walsh Avenue 4 3.00 2,140 $550,000 7 4628209 S 24476 E Ohio Drive 3 2.00 1,974 $610,000 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 6

Comparable Home MLS #7648786 4554 E Walsh enue a, CO 80018 $525,000 ACTIVE 7/12/22 Beds 3.00 Baths Days on market: 38 883 Sq. Ft. ($279 / sqft) Year Built 2022 Features Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Association Amenities: Park, Trail(s) Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Recycling, Trash Association Name: Waterstone HOA Association Phone: 303-265-7857 Association Yn: true Basement: Crawl Space Builder Model: Elbert / CR Builder Name: Lennar Building Area Source: Builder Common Walls: No Common Walls Construction Materials: Frame, Other Cooling: Central Air Exterior Features: Rain Gutters Flooring: Carpet, Tile, Vinyl Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Kitchen Island, Primary Suite, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1883 Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 2 Pets Allowed: Cats OK, Dogs OK, Yes Property Condition: Under Construction Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: Lot 7 Blk 8 Waterstone Sub Flg No 3 Ex M/R's Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: RES Details Prop Type: Single Family Residence County: Arapahoe Subdivision: Waterstone Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 6,560 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 7

Garages: 2 List date: 7/12/22 Updated: Aug 19, 2022 3:01 AM List Price: $525,000 Orig list price: $565,000 Assoc Fee: $30 Taxes: $7,345 School District: AdamsArapahoe 28J High: Vista Peak Middle: Vista Peak Elementary: Murphy Creek K-8 Remarks Available August 2022! This beautiful new Elbert 2-story features, 3 beds, 2.5 baths, laundry, great room, kitchen, dining room, conditioned crawlspace, 2 car garage and more. Gorgeous upgrades and finishes throughout including a high ceiling entrance, large mudroom & pantry, luxury vinyl plank throughout the main floor, stainless steel appliances and more. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Energy efficiency, and technology/ connectivity seamlessly blended with luxury to make your new house a home. Waterstone offers single family homes for every lifestyle. Close to dining, shopping, entertainment and other amenities. Don't miss your opportunity. Photos and walkthrough tour are a model only and subject to change. Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 8

24554 E Walsh Avenue Aurora, CO 80018 MLS #7648786 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 9

Comparable Home MLS #4619492 4443 E Walsh enue a, CO 80018 $575,000 ACTIVE 7/6/22 Beds 3.00 Baths Days on market: 5 140 Sq. Ft. ($269 / sqft) Year Built 2022 Features Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven Association Amenities: Park, Trail(s) Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Recycling, Trash Association Name: Waterstone HOA Association Phone: 303-265-7857 Association Yn: true Basement: Crawl Space Builder Model: Evans / CR Builder Name: Lennar Building Area Source: Builder Common Walls: No Common Walls Construction Materials: Frame, Other Cooling: Central Air Exterior Features: Private Yard, Rain Gutters Flooring: Carpet, Tile, Vinyl Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2140 Lot Features: Corner Lot Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 2 Patio And Porch: Covered, Deck, Front Porch Pets Allowed: Cats OK, Dogs OK, Yes Property Condition: New Construction Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: Lot 21 Blk 7 Waterstone Sub Flg No 3 Ex M/R's Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: RES Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 10

Details Prop Type: Single Family Residence County: Arapahoe Subdivision: Waterstone Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 6,560 Garages: 2 List date: 7/6/22 Updated: Aug 13, 2022 2:16 AM List Price: $575,000 Orig list price: $585,000 Assoc Fee: $30 Taxes: $7,800 School District: AdamsArapahoe 28J High: Vista Peak Middle: Vista Peak Elementary: Murphy Creek K-8 Remarks Available October 2022! This beautiful new Evans 2-story is on a corner lot and features, 3 beds, 2.5 baths, laundry, great room, kitchen, dining room, loft, conditioned crawlspace and 2 car garage. Gorgeous design finishes and upgrades throughout including luxury vinyl plank flooring, stainless steel appliances and more. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Energy efficiency, and technology/connectivity seamlessly blended with luxury to make your new house a home. Waterstone offers single family homes for every lifestyle. Close to Southlands in Aurora - dining, shopping, entertainment and other amenities. Don't miss your opportunity. Welcome Home! Photos and walkthrough tour are model only and subject to change. Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 11

69 / sqft) Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 12

Comparable Home MLS #5589119 827 S Flat Rock ay a, CO 80018 $575,000 ACTIVE 5/17/22 Beds 3.00 Baths Days on market: 76 883 Sq. Ft. ($305 / sqft) Year Built 2022 Features Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Association Amenities: Park, Trail(s) Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Recycling, Trash Association Name: Waterstone HOA Association Phone: 303-265-7857 Association Yn: true Basement: Crawl Space Builder Model: Elbert / CR Builder Name: Lennar Building Area Source: Builder Common Walls: No Common Walls Construction Materials: Frame, Other Cooling: Central Air Exterior Features: Rain Gutters Flooring: Carpet, Tile, Vinyl Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Kitchen Island, Primary Suite, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1883 Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 3 Pets Allowed: Cats OK, Dogs OK, Yes Property Condition: Under Construction Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: Lot 13 Blk 8 Waterstone Sub Flg No 3 Ex M/R's Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: RES Details Prop Type: Single Family Residence County: Arapahoe Subdivision: Waterstone Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 6,534 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 13

Garages: 3 List date: 5/17/22 Updated: Aug 1, 2022 12:23 PM List Price: $575,000 Orig list price: $595,100 Assoc Fee: $30 Taxes: $7,736 School District: AdamsArapahoe 28J High: Vista Peak Middle: Vista Peak Elementary: Murphy Creek K-8 Remarks Available November 2022! Facing open space, this beautiful new Elbert 2-story features, 3 beds, 2.5 baths, laundry, great room, kitchen, dining room, conditioned crawlspace, 3 car garage and more. Gorgeous upgrades and finishes throughout including a high ceiling entrance, large mudroom & pantry, luxury vinyl plank throughout the main floor, stainless steel appliances and more. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Energy efficiency, and technology/connectivity seamlessly blended with luxury to make your new house a home. Waterstone offers single family homes for every lifestyle. Close to dining, shopping, entertainment and other amenities. Don't miss your opportunity. Photos and walkthrough tour are a model only and subject to change. Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 14

827 S Flat Rock Way Aurora, CO 80018 MLS #5589119 305 / sqft) Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 15

Comparable Home MLS #3410309 24347 E Kansas Circle Aurora, CO 80018 $495,000 PENDING 8/14/22 3 Beds 2.00 Baths Days on market: 4 1,700 Sq. Ft. ($291 / sqft) Year Built 2002 Features Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Clubhouse, Golf Course, Park, Playground, Pool, Tennis Court(s) Association Fee 2: 30 Association Fee 2 Frequency: Monthly Association Fee Frequency: Monthly Association Fee Includes: Recycling, Trash Association Name: Murphy Creek Metro District Association Name 2: Murphy Creek Master Association Association Phone: 303-693-2118 Association Phone 2: 303-693-2118 Association Yn: true Basement: Partial, Unfinished Below Grade Unfinished Area: 886.0 Building Area Source: Public Records Construction Materials: Brick, Frame, Other Cooling: Central Air Direction Faces: South Exterior Features: Private Yard Flooring: Carpet, Laminate Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Open Floorplan, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s) Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1700 Lot Features: Level Main Level Bathrooms: 2 Main Level Bedrooms: 3 Parking Features: Concrete Parking Total: 2 Patio And Porch: Covered, Patio Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 23 BLK 1 MURPHY CREEK SUB 3RD FLG EX M/R'S Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Bay Window(s) Zoning: Res Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 16

Details Prop Type: Single Family Residence County: Arapahoe Subdivision: Murphy Creek Full baths: 2 0 Lot Size (sqft): 5,663 Garages: 2 List date: 8/10/22 Pending date: 8/14/22 Off-market date: 8/14/22 Updated: Aug 14, 2022 8:44 AM List Price: $495,000 Orig list price: $495,000 Assoc Fee: $60 Taxes: $4,129 School District: AdamsArapahoe 28J High: Vista Peak Middle: Murphy Creek K-8 Elementary: Murphy Creek K-8 Remarks

Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 17

Lovely ranch home in sought after Murphy Creek golf community. Enjoy one level living in a neighborhood filled with amenities. Spacious eat-in kitchen includes all appliances, with abundant counter and storage space. Expansive living and dining room opens to large covered patio. Primary Suite has attached bath with dual vanities, soaking tub, separate shower and large walk-in closet, two more bedrooms, full bathroom and laundry on the main level. Lots of room to expand in the unfinished basement. Additional features are the tranquil backyard with new patio, plus a two car garage with brand new garage door. Murphy Creek offers tons of opportunities for fun and relaxation including community pool, tennis courts, parks and playgrounds, plus the public golf course.

24347 E Kansas Circle Aurora, CO 80018 MLS #3410309 $495,000 3 Beds 2.00 Baths 1,700 Sq. Ft. ($291 / sqft) PENDING 8/14/22 Year Built 2002 Days on market: 4 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 18

Comparable Home MLS #2029663 4503 E Walsh enue a, CO 80018 $550,000 PENDING 6/18/22 Beds 3.00 Baths Days on market: 35 140 Sq. Ft. ($257 / sqft) Year Built 2022 Features Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven Association Amenities: Park, Trail(s) Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Recycling, Trash Association Name: Waterstone HOA Association Phone: 303-265-7857 Association Yn: true Basement: Crawl Space Builder Model: Evans / FH Builder Name: Lennar Building Area Source: Builder Common Walls: No Common Walls Construction Materials: Frame, Other Cooling: Central Air Exterior Features: Private Yard, Rain Gutters Flooring: Carpet, Tile, Vinyl Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2140 Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 2 Patio And Porch: Front Porch Pets Allowed: Cats OK, Dogs OK, Yes Property Condition: New Construction Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: Lot 18 Blk 7 Waterstone Sub Flg No 3 Ex M/R's Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: RES Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 19

Details Prop Type: Single Family Residence County: Arapahoe Subdivision: Waterstone Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 5,588 Garages: 2 List date: 5/14/22 Pending date: 6/18/22 Off-market date: 6/18/22 Updated: Aug 1, 2022 12:28 PM List Price: $550,000 Orig list price: $586,900 Assoc Fee: $30 Taxes: $7,630 School District: AdamsArapahoe 28J High: Vista Peak Middle: Vista Peak Elementary: Murphy Creek K-8 Remarks Available October / November 2022! This beautiful new Evans 2-story features, 4 beds, 2.5 baths, laundry, great room, kitchen, dining room, conditioned crawlspace and 2 car garage. Gorgeous design finishes and upgrades throughout including luxury vinyl plank flooring, stainless steel appliances and more. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Energy efficiency, and technology/connectivity seamlessly blended with luxury to make your new house a home. Waterstone offers single family homes for every lifestyle. Close to Southlands in Auroradining, shopping, entertainment and other amenities. Don't miss your opportunity. Welcome Home! Photos and walkthrough tour are model only and subject to change. Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 20

24503 E Walsh Avenue Aurora, CO 80018 MLS #2029663 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 21

Comparable Home MLS #4628209 4476 E Ohio Drive ora, CO 80018 $610,000 CLOSED 8/19/22 Beds 2.00 Baths Days on market: 69 1,974 Sq. Ft. ($309 / sqft) Year Built 2022 Features Appliances: Dishwasher, Disposal, Microwave, Oven Association Fee Frequency: Monthly Association Fee Includes: Maintenance Grounds, Recycling, Trash Association Name: Waterstone HOA Association Phone: 303-265-7857 Association Yn: true Basement: Crawl Space Builder Model: Graham / FH Builder Name: Lennar Building Area Source: Builder Common Walls: No Common Walls Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 12500 Construction Materials: Frame, Other Cooling: Central Air Exterior Features: Private Yard, Rain Gutters Flooring: Carpet, Tile, Vinyl Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1974 Main Level Bathrooms: 2 Main Level Bedrooms: 3 Parking Features: Concrete Parking Total: 2 Patio And Porch: Covered, Patio Pets Allowed: Cats OK, Dogs OK, Yes Property Condition: New Construction Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: Lot 4 Blk 9 Waterstone Sub Flg No 3 Ex M/R's Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: RES Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 22

Details Prop Type: Single Family Residence County: Arapahoe Subdivision: Waterstone Full baths: 2.0 Lot Size (sqft): 6,746 Garages: 2 List date: 3/21/22 Sold date: 8/19/22 Off-market date: 5/29/22 Updated: Aug 19, 2022 9:58 AM List Price: $615,000 Orig list price: $616,900 Assoc Fee: $30 Taxes: $8,020 School District: AdamsArapahoe 28J High: Vista Peak Middle: Murphy Creek K-8 Elementary: Murphy Creek K-8 Remarks Anticipated completion August 2022! Beautiful ranch style Graham is located on a spacious homesite and features 3 beds, 2 baths, great room, kitchen, crawlspace & 2 car garage. Gorgeous upgrades and finishes throughout including stainless steel appliances, luxury vinyl plank flooring, covered back patio & more. The open kitchen & dining area is great for family gatherings & the covered deck perfect for cook-outs. Lennar seamlessly blended & showcased the unparalleled beauty of Colorado with the most innovative homes, energy efficient technologies & modern conveniences, bringing the best of both worlds together. Each floor plan is thoughtfully designed to combine elegance & luxury together with hi-tech energy efficient features. What some builders consider high-end upgrades, Lennar makes standard. Colorado living at its finest. Close to dining, shopping, entertainment & other amenities. Dont wait this community will sell out quickly! Welcome Home! Photos and walkthrough tour are model only and subject to change. Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 23

09 309 / sqft) Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 24

Comparable Property Statistics A 3 Active Listings P 2 Pending Listings S 1 Sold Listings LOWEST $525,000 AVERAGE $558,333 HIGH $575,000 AVG PRICE / SQFT $284 AVG DOM 39 LOWEST $495,000 AVERAGE $522,500 HIGH $550,000 AVG PRICE / SQFT $274 AVG DOM 19 LOWEST $610,000 AVERAGE $610,000 HIGH $610,000 AVG PRICE / SQFT $309 AVG DOM 69 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 25

Sold Property Analysis Averages 99.2% Homes sold for an average of 99 2% of their list price. 69 Days on market It took an average of 69 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 24476 E Ohio Drive $616,900 $610,000 98 88% 69 $309 Averages $616,900 $610,000 98.88% 69 $309 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 26

Summary of Comparable Properties A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 24554 E Walsh Avenue 3 3.00 1,883 $525,000 $279 24443 E Walsh Avenue 3 3.00 2,140 $575,000 $269 827 S Flat Rock Way 3 3.00 1,883 $575,000 $305 Averages 1,968 $558,333 $284 P PENDING LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 24347 E Kansas Circle 3 2.00 1,700 $495,000 $291 24503 E Walsh Avenue 4 3.00 2,140 $550,000 $257 Averages 1,920 $522,500 $274 S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 24476 E Ohio Drive 8/19/22 3 2.00 1,974 $610,000 $309 Averages 1,974 $610,000 $309 Comparative Market Analysis 942 South Elk Way, Aurora, Colorado 80018 Holly Vogel Cell: 7202298670 27

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area.

ASKING PRICE PERCENTAGE OF BUYERS +10%+15% Market Value -15%-10% 90%75%60%30%10%

at Keller Williams Integrity PRICINGINTELLIGENT&TIMING

Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake.

at Keller Williams Integrity

WEEKS) ACTIVITY 1 2 3 4 5 6

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value. (IN

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.

The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.

TIME ON MARKET

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage.

720.208.7200 TheBarticGroup.com A Veteran Owned Business Results That MOVE You

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.