at Keller Williams Integrity
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $550,000 with the market action index hovering around 73. This is less than last month's market action index of 81. Inventory has increased to 466.
Real-Time Market Profile Median List Price
$550,000
Market Action Index
Median Price of New Listings
$457,500
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$447
Average Days on Market
38
Median Days on Market
14
Price Decreased
28%
Price Increased
1%
Relisted
4%
Inventory
466
Median Rent
$1,931
Market Action
73
inventory. 50
40
Buyer's Market
60
20
80
10
on
90
M
73
100
ay Tod th
Las t
0
Seller's Market
70
30
Strong Seller's Market The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$1,350,000
2,479
0 - 4,500 sqft
3
3
21
17
11
28
$655,250
1,450
0 - 4,500 sqft
2
2
21
25
17
14
$450,000
1,096
0 - 4,500 sqft
2
2
44
43
26
7
$299,000
810
0 - 4,500 sqft
2
1
53
39
32
7
Sun Jul 03 2022
2 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend. $800K
$700K
$600K
$500K
$400K
$300K Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Segments
Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market. $2.0M
$1.5M
$1.0M
$500K
$0 Jul 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Sun Jul 03 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
3 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Price Per Square Foot
The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities. $550
$500
$450
$400
$350
$300 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 2K
1K
1K
750
500
250
0 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Sun Jul 03 2022
4 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action. 120
100
80
60
40
20 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Jul 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Sun Jul 03 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
5 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 53 days. Half of the listings have come newly on the market in the past 13 or so days. Watch the 90-day DOM trend for signals of a changing market. 100
80
60
40
20
0 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 150
125
100
75
50
25
0 Jul 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Sun Jul 03 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
6 of 6
1301 Speer Blvd #402, Denver, CO 80204-2538, Denver County APN: 5035-02-071
CLIP: 3158654572
Beds 2
Full Baths 2
Half Baths N/A
Sale Price $212,260
Bldg Sq Ft 919
Lot Sq Ft N/A
Yr Built 1982
Type CONDO
Sale Date 12/05/2002
OWNER INFORMATION
Owner Name
Severson Samuel E
Mailing ZIP 4
3769
Mailing Address
2352 Spotswood St
Mailing Carrier Route
R015
Mailing City & State
Longmont, CO
Owner Occupied
No
Mailing Zip
80504
LOCATION INFORMATION
Property Zip
80204
Census Tract
18.00
Property Zip4
2538
Topography
Flat/Level
Property Carrier Route
C044
Neighborhood Code
Lincoln Park-0504
School District
Denver County 1
Neighborhood Name (OnBoard)
Lincoln Park
Elementary School
Greenlee
Traffic
Local
Middle School
West Leader
Township
04S
High School
West
Range
68W
Subdivision
Witters 1st Add
Section
03
Zoning
C-MX-12
TAX INFORMATION
PIN
5035-02-071
% Improved
83%
Schedule Number
0503502071071
Tax District
DENV
Legal Description
DENVER TOWER CONDOS U-402 PRK-P2-82,P2-145 STR-N/A
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$53,500
$32,700
$32,700
Market Value - Improved
$269,800
$278,500
$278,500
Market Value - Total
$323,300
$311,200
$311,200
Assessed Value - Land
$3,830
$2,340
$2,340
Assessed Value - Improved
$19,290
$19,910
$19,910
Assessed Value - Total
$23,120
$22,250
$22,250
YOY Assessed Change (%)
3.91%
0%
YOY Assessed Change ($)
$870
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,605
2020
$1,651
$46
2.88%
2021
$1,725
$74
4.5%
CHARACTERISTICS
Land Use - County
Condo Dwelling/Units
Bedrooms
2
Land Use - CoreLogic
Condominium
Baths - Total
2
Style
Row House
Baths - Full
2
Year Built
1982
Stories
1
Bldg Sq Ft - Above Ground
919
Heat Type
Warm Air
Bldg Sq Ft - Total
919
Patio Type
Wood Deck
Bldg Sq Ft - Finished
919
Garage Type
Parking Avail
Bldg Sq Ft - 1st Floor
919
Garage Capacity
2
# Buildings
1
Exterior
Brick
Total Rooms
3
Quality
Average
FEATURES
Feature Type
Size/Qty
Wd Deck
75
Property Details
Courtesy of Kyle Gephart, REcolorado
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.
Generated on: 07/03/22 Page 1/2
SELL SCORE
Rating
Low
Sell Score
438
Value As Of
2022-06-26 04:00:21
LAST MARKET SALE & SALES HISTORY
Sale Date
12/05/2002
Deed Type
Special Warranty Deed
Sale Price
$212,260
Owner Name
Severson Samuel E
Price per SqFt - Finished
$230.97
Seller
Denver Tower LLC
Document Number
234000
Sale Date
12/05/2002
Sale Price
$212,260
Buyer
Severson Samuel E
Seller
Denver Tower LLC
Document Number
234000
Document Type
Special Warranty Deed
Title Company
Chicago Title Co
MORTGAGE HISTORY
Mortgage Date
11/28/2008
12/09/2002
12/09/2002
Mortgage Amount
$152,000
$169,808
$31,839
Mortgage Lender
Wells Fargo Bk Na
Colorado Mtg Alliance LLC
Wells Fargo Bk
Borrower
Severson Samuel E
Severson Samuel E
Severson Samuel E
Mortgage Type
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
1st Time Sale
1st Time Sale
Mortgage Int Rate
4.875
Mortgage Int Rate Type
Adjustable Int Rate Loan
Fixed Rate Loan
Mortgage Term
30
30
10
Mortgage Term
Years
Years
Years
Title Company
Servicelink
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Kyle Gephart, REcolorado
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.
Generated on: 07/03/22 Page 2/2
Map of Property Locations
1301 Speer Boulevard Unit #310, Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80204 7516055 Pending 06/14/22 $319,500 CON 919 2/2 800-746-9464
1301 Speer Boulevard Unit #1010, Denver, CO 80204 Listing Id: 6945167 Status: Closed 01/18/22 Price: $360,000 3 Subtype: CON Ttl SqFt: 936 Bd/Bth: 2/2 Show #: 303-573-7469
1301 Speer Boulevard Unit #210, Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80204 9753892 Closed 02/24/22 $329,900 CON 919 2/2
1301 Speer Boulevard Unit #610, Listing Id: Status: Price: Subtype: 4 Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80204 8675253 Closed 05/11/22 $374,000 CON 919 2/2 800-746-9464
Broker 1 Page 1301 Speer Boulevard Unit #310, Denver, CO 80204 (Status: Pending, Listing ID: 7516055) County: Denver List Price: $319,500 Property Type: Residential Original List Price: $319,500 Property Subtype: Condominium Levels: One Basement: Yes Structure Type: High Rise (8+) Year Built: 1982 Subdivision Name: Lincoln Park Listing Contract Date: 06/10/2022 Purchase Contract Date: 06/14/2022 Contingency: None Known Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $6,184.92 Tax Annual Amt: $1,655 Tax Year: 2021 Tax Legal Desc: DENVER TOWER CONDOS U-310 PRK-P2-8 STR-N/A Interior Area & SqFt Building Area Total (SqFt Total): 919 Living Area (SqFt Finished): 919 Above Grade Finished Area: 919 Below Grade Total Area: 0 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 PSF Total: $348 PSF Finished: $348 PSF Above Grade: $348 Basement: Exterior Entry Bsmnt Ceiling Ht: Heating: Forced Air Cooling: Air Conditioning-Room, Other HVAC Description: Interior Features: High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free, Tile Counters Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven Flooring: Carpet, Tile, Vinyl Exclusions: Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 1 Association Information Assoc 1 Fee/Frequency: $515.41 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Valet Assoc Amenities: Elevator(s), Fitness Center, Garden Area, Parking, Pool, Senior Community: No Security, Spa/Hot Tub, Storage Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Elementary School: Greenlee / Denver 1 Bldg/Complex Name: Denver Tower Middle/Junior Sch: Compass Academy / Denver 1 High School: West / Denver 1 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: 3/Corridor Access Common Walls: 2+ Common Walls Direction Faces: View: City, Mountain(s) Construction Materials: Brick, Concrete Roof: Unknown Exterior Features: Balcony, Elevator Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Awesome Mountain Views and view of Mile High from your 2bd 2ba condo in the Denver Tower! Two bedrooms w/large closets and 2 full bathrooms! Spacious open concept kitchen w/breakfast bar facing family room w/ amazing western facing mountain views! Fresh paint throughout! Enjoy convenience of laundry room in unit and parking is a breeze w/1 reserved space in covered parking garage. Excellent amenit... Confidential Information Private Remarks: Tenant occupied until 7/25. Pls inc Pre-APPROVAL letter ensuring lender has verified assets, income, and all required documentation (not just a credit pre-qual). Cash offers must present POF dated within last 30 days. Contingent offers must submit all contingent contracts and associated lender letter (s) but are not preferred. A licensee must accompany all buyers on showings. Although deemed relia Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: See Remarks Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
800-746-9464 Show Email: No Showings Until: A licensee or agent representative must be present at all showings. Please leave lights how you find them & lock up. Please provide feedback.
List Agent: Michael Taylor List Office: Taylor Realty Group Email:
List Agent Phone: 303-669-2744 Mobile: 303-669-2744
MICHAEL@TAYLORREALTYGROUP.NET Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/03/2022 3:47:47 PM
Full Property View
1301 Speer Boulevard Unit #310, Denver, CO 80204
----
$319,500 - Pending
1301 Speer Boulevard Unit #210, Denver, CO 80204 (Status: Closed, Listing ID: 9753892) Close Price: $329,900 County: Denver List Price: $329,900 Property Type: Residential Original List Price: $387,900 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1982 Subdivision Name: Golden Triangle Listing Contract Date: 11/01/2021 Purchase Contract Date: 01/24/2022 Contingency: None Known Close Date (DIM): 02/24/2022 Days In MLS: 84 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $7,345.80 Tax Annual Amt: $1,619 Tax Year: 2020 Tax Legal Desc: DENVER TOWER CONDOS U-210 PRK-P2-150,P2-50 STR-1A-17,1A-35 Interior Area & SqFt 919 Living Area (SqFt Finished): 919 Above Grade Finished Area: 919 $359 PSF Finished: $359 PSF Above Grade: $359
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Central Air HVAC Description: Exclusions: Electronic deadbolt lock, smart home equipment attached to the Real Property (e.g., cellular hub or sensors) Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 1 Association Information Assoc 1 Fee/Frequency: $612.15 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Clubhouse, Laundry, Pool, Security, Storage Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.37 Acres / 16,232 SqFt Waterfront Feat: Elementary School: Greenlee / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Kepner / Denver 1 High School: West / Denver 1 Building & Water Information Construction Materials: Brick Roof: Other Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Location, location, location! Enjoy city living in this 2 bedroom, 2 bathroom condo in the heart of Denver. As you enter you will be welcomed into open floorplan living, perfect for comfortable living and entertaining guests. The kitchen features sleek matching appliances, a luxurious tile-look backsplash, and a large island for prepping meals or a breakfast bar. You will find gorgeous tile-look f... Confidential Information Private Remarks: Home Access: 6a-8p. For home access, enter 9370 followed by the checkmark on the keypad. When exiting please be sure to lock the door by hitting any key on keypad. Call 855-561-0867 for home access support if needed. Submit PDF offers to offers-den@zillow.com. Photos avail 11/2. No FHA until 12/2; will consider FHA offers on 11/2. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%
List Agent: Austin Edwards List Office: Zillow Homes, LLC Email:
offers-den@zillow.com
Buyer Agent: Christopher Doucet Buyer Office: NAV Real Estate Email: cdoucet@compasscolorado.com Concessions: Cash, $9,585 Buyer Financing: FHA
List Agent Phone: 720-213-3559 Mobile: 720-213-3559 Buyer Agent Phone: 720-220-0570 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/03/2022 3:47:47 PM
1301 Speer Boulevard Unit #210, Denver, CO 80204
----
$329,900 - Closed
1301 Speer Boulevard Unit #1010, Denver, CO 80204 (Status: Closed, Listing ID: 6945167) Close Price: $360,000 County: Denver List Price: $360,000 Property Type: Residential Original List Price: $360,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1982 Subdivision Name: Denver Tower Listing Contract Date: 12/13/2021 Purchase Contract Date: 12/13/2021 Contingency: None Known Close Date (DIM): 01/18/2022 Days In MLS: 0 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $6,575.76 Tax Annual Amt: $1,789 Tax Year: 2020 Tax Legal Desc: DENVER TOWER CONDOS U-1010 PRK-P2-146 STR-1A-40 Interior Area & SqFt Building Area Total (SqFt Total): 936 Living Area (SqFt Finished): 936 Above Grade Finished Area: 936 PSF Total: $385 PSF Finished: $385 PSF Above Grade: $385 Heating: Forced Air, Hot Water Cooling: Evaporative Cooling, Other HVAC Description: Interior Features: Kitchen Island, Open Floorplan, Tile Counters Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Laminate, Vinyl Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $547.98 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Bike Storage, Clubhouse, Coin Laundry, Elevator(s), Senior Community: No Fitness Center, Gated, Laundry, Parking, Pool, Sauna, Storage Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Elementary School: Greenlee / Denver 1 Bldg/Complex Name: Denver Tower Middle/Junior Sch: West Leadership / Denver 1 High School: West / Denver 1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: Unit Count: 100 Construction Materials: Brick Roof: Unknown Exterior Features: Balcony, Elevator Water Included: Water Source: Public Sewer: Public Sewer Confidential Information Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Ed Flynn List Office: Coldwell Banker Realty 56 Email:
theflynngroup@comcast.net
Buyer Agent: Shannon Dev Buyer Office: Resident Realty South Metro Email: ShannonLppm@gmail.com Concessions: No Buyer Financing: Conventional
0
List Agent Phone: 303-235-0400 Mobile: 303-378-3848 Buyer Agent Phone: 303-886-1773 Mobile: 303-886-1773 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/03/2022 3:47:48 PM
1301 Speer Boulevard Unit #1010, Denver, CO 80204
----
$360,000 - Closed
1301 Speer Boulevard Unit #610, Denver, CO 80204 (Status: Closed, Listing ID: 8675253) Close Price: $374,000 County: Denver List Price: $374,000 Property Type: Residential Original List Price: $374,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1982 Subdivision Name: Golden Triangle Listing Contract Date: 04/01/2022 Purchase Contract Date: 04/09/2022 Contingency: None Known Close Date (DIM): 05/11/2022 Days In MLS: 8 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $8,520.00 Tax Annual Amt: $1,758 Tax Year: 2021 Tax Legal Desc: DENVER TOWER CONDOS U-610 PRK-P2-76,P2-77 STR-G-22,G-23 Interior Area & SqFt Building Area Total (SqFt Total): 919 Living Area (SqFt Finished): 919 Above Grade Finished Area: 919 PSF Total: $407 PSF Finished: $407 PSF Above Grade: $407 Foundation: Fireplace: 1/Electric Heating: Natural Gas, Wall Furnace Cooling: Central Air HVAC Description: Interior Features: Butcher Counters, Elevator, Kitchen Island, No Stairs, Open Floorplan, Primary Suite, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator Flooring: Tile, Wood Furnished: Unfurnished Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 2 Association Information Assoc 1 Fee/Frequency: $710.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Business Center, Clubhouse, Coin Laundry, Elevator(s), Senior Community: No Pool, Storage Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Features: Near Public Transit Elementary School: Greenlee / Denver 1 Bldg/Complex Name: Denver Tower Middle/Junior Sch: Kepner / Denver 1 High School: West / Denver 1 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: 6/Corridor Access Common Walls: Direction Faces: View: City, Mountain(s) Construction Materials: Concrete Roof: Other Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Adorable 2 Bedroom, 2 Bath Condo with a Split Bedroom Design! Open Floor Plan, Lots of Natural Light, Hardwood Floors Throughout, Both City and Mountain Views Off a Private Covered Balcony. Kitchen Boasts a Large Island and All Kitchen Appliances Included, TV in Fridge! Ample Closet and Storage Space, One Currently Used as a Small Office. Additionally, Enjoy 2 Deeded Parking Spaces, Secure Ent... Confidential Information Private Remarks: Please contact Co-Lister Melani Hensley with all listing/ contract questions at 407-952-9541. PCOA not needed. Bunk beds (frames/ not mattresses), couch and patio sectional are included! Clubhouse, pool, other amenities are located at the Lincoln at Speer at 1170 Galapago St, Denver, 80204. Tell the leasing office you are looking at a unit in the Denver Tower. Access the building by park Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%
List Agent: Ginger Matney List Office: Elevate Real Estate Email: ginger@gingermatney.com Co List Agent: Melani Hensley Co List Office: Elevate Real Estate Email:
melanidhensley@gmail.com
Buyer Agent: Kevin Berry Buyer Office: Coldwell Banker Realty 18 Email:
kevin.berry@coloradohomes.com
Concessions: Buyer Closing Costs/Seller Points Paid, $850 Buyer Financing: FHA
List Agent Phone: 303-881-9127 Mobile: 303-881-9127 Phone: 407-952-9541 Mobile: 407-952-9541 Buyer Agent Phone: 303-362-3050 Mobile: 303-362-3050 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/03/2022 3:47:48 PM
1301 Speer Boulevard Unit #610, Denver, CO 80204
----
$374,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/03/2022 to 01/04/2022 Beds Total is 2 Baths Total Integer is 2 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Latitude, Longitude is within 0.08 mi of 1301 Speer Blvd #402, Denver, CO 80204, USA
Residential Pending Properties Listing ID Address
City
7516055 1301 Speer BLVD #310
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
2
919
919
919
06/14/22
$348
$348
$348
Averages:
919
919
919
$348
$348
$348
Count: 1
High $319,500
List Price:
Low $319,500
PSF Fin DIM Orig Price
4 4
List Price
319,500
$319,500
$319,500
$319,500
Median $319,500
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
9753892 1301 Speer BLVD #210
Denver
2
2
919
919
919
02/24/22
$359
$359
$359
6945167 1301 Speer BLVD #1010
Denver
2
2
936
936
936
01/18/22
$385
$385
8675253 1301 Speer BLVD #610
Denver
2
2
919
919
919
05/11/22
$407
Averages:
925
925
925
$384
Count: 3
Closed Price:
Report Totals
Presented By: Kyle Gephart Generated on: 07/03/2022
Count : 4
Averages:
High $374,000
SqFt Abv 923
SqFt Ttl 923
PSF Abv $ 375
List Price Close Price
CP/OLP
84
387,900
$329,900 $329,900
85%
$385
0
360,000
$360,000 $360,000
100%
$407
$407
$374,000 $374,000
100%
$384
8 31
374,000
$384
$373,967
$354,633 $354,633
95%
Orig Price $360,350
List Price Close Price $345,850 $354,633
CP/OLP 95 %
Low $329,900 Sqft Fin 923
PSF Fin DIM Orig Price
Median $360,000 PSF Ttl
$375
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $375
CMA 1-Line Page 1 of 1
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING 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 market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
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. 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. 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.
ACTIVITY
at Keller Williams Integrity
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TIME ON MARKET (IN WEEKS)
and exciting to buyers and to their agents. 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 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. 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. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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