at Keller Williams Integrity
14301 East Tennessee Avenue, Aurora, Colorado 80012 Jonathan Alonso SEPTEMBER 9, 2022
MarComparativeketAnalysis
Kyle Gephart
1 Active 1 Pending 1 Sold Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell:
P
0.1% $300
Source: Zillow 720-520
Online Valuation Analysis How accurate are Zestimates?
ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 14321 E Tennessee Avenue 1 208 8/31/22 $327,500 $327,800 0 1%
ADDRESS PRICE ZESTIMATE DIFFERENCE 981 S Sable Boulevard 6 301 $369,000
4448 3
Zestimates varied up to 0.1% or $300 compared to actual MLS prices.
A
ADDRESS PRICE ZESTIMATE DIFFERENCE 14301 E Tennessee Avenue 109 $344,995 $344,995 0 0%
S
Owner Name Jonathan Alonso Ruiz Martinez
INFORMATION
Assessed Value Land $2,860 $2,860 $2,860 Assessed Value Improved $16,281 $16,281 $13,249
OWNER
Assessed Value Total $19,141 $19,141 $16,109
2 Style
Bldg
Ft Above Ground 1,109 Heat
CHARACTERISTICS Lot
Bldg Sq Ft 1st Floor 1,109 Quality Average Basement Type MLS:
% Improved 85% Alternate PIN 035373398 Tax District 1555 Schedule Number 197518325011
14301 E Tennessee Ave #202, Aurora, CO 80012-3851, Arapahoe County Expired Listing APN: 1975-18-3-25-011 CLIP: 2419610363 MLS Beds 2 MLS Full Baths 2 Half Baths N/A Sale Price N/A Sale Date N/A MLS Sq Ft 1,109 Lot Sq Ft 562 Yr Built 2019 Type CONDO
ASSESSMENT & TAX
Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $40,000 $40,000 $40,000
Legal Description UNIT 202 BLDG 2 AS PER CONDO DECLARATION RECORDED ON R EC# D9097412 LIV CITY CENTER CONDOMINIUMS
YOY Assessed Change (%) 0% 18 82%
FEATURES Type Size/Qty 1,109 Covered
Market Value Total $267,700 $267,700 $225,300
Tax Year Total Tax Change ($) Change (%) 2020 $2,866 2021 $3,341 $475 16 57% Acres 0 0129 Buildings Sq Total Total Baths Condo Full Ranch Built 2019 Type Central Sq Type Forced Air Bldg Material Asphalt Shingle Concrete
Feature
YOY Assessed Change ($) $0 $3,032
#
Owner Occupied Yes Mailing Zip 80012
Baths
TAX INFORMATION
Ft 562 Bedrooms 2 Land Use County Condominium Low Rise Baths
LOCATION INFORMATION
Market Value Improved $227,700 $227,700 $185,300
Mailing ZIP 4 3851 Mailing Address 14301 E Tennessee Ave #202 Mailing Carrier Route C044 Mailing City & State Aurora, CO
Perimeter
First Floor
2 Building Type Residential
Property Zip 80012 Middle School Aurora Hills Property Zip4 3851 High School Gateway Property Carrier Route C044 Subdivision Liv City Center Condo Bldg 2 School District Adams Arapahoe 28j Census Tract 811.01 Elementary School Wheeling
PIN 1975 18 3 25 011
Porch 65 Property Details Courtesy of Kyle Gephart, REcolorado Generated on:09/09/22 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
Sq Ft Finished 1,109 Roof
1 Lot
2 Land Use CoreLogic Condominium MLS
Cooling
Stories 1 Year
Owner Name Jonathan Alonso Ruiz Martinez
MLS Listing Id 2253333
Buyer Martinez Jonathan A R Buyer Baca Yaline
MLS Original List Price $329,000
MLS Status Expired
Document Type Quit Claim Deed Title Company Fitco First Integrity Title
MORTGAGE HISTORY
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Kyle Gephart, REcolorado Generated on:09/09/22 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
SELL SCORE Rating Low Value As Of 2022 09 04 04:25:32 Sell Score 440
LISTING INFORMATION
MLS Current Price $355,000 MLS Days On Market 31
LAST MARKET SALE & SALES HISTORY
Mortgage Date 06/24/2021
Borrower Martinez Jonathan A R Borrower Baca Yaline
MLS List Office Name H&CO REAL ESTATE LLC MLS Status Change Date 09/01/2022 MLS List Agent Full Name 55049861-Brittny Castillo
Seller Martinez Jonathan A R Document Number E1100858
Mortgage Type Conventional Mortgage Purpose Nominal
Nominal Y
Mortgage Amount $251,250 Mortgage Lender American Financing Corp
Sale Date 01/27/2021
MLS Source REcolorado MLS Listing Contract Date 05/05/2022
Mortgage Term 30 Mortgage Term Years
Map of Comparable Listings STATUS: A = ACTIVE P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 14301 E Tennessee Ave 2 2.00 1,104 2 9862770 A 14301 E Tennessee Avenue 109 2 2 00 1,104 $344,995 3 5081753 P 981 S Sable Boulevard 6 301 2 2 00 1,155 $369,000 4 9352323 S 14321 E Tennessee Avenue 1 208 2 2 00 1,193 $327,500 Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 5
1,104 Sq. Ft. ($312 / sqft)
2 Beds 2.00 Baths
14301 E Tennessee Avenue 109
Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan
Laundry Features: In Unit
Cooling: Central Air Electric: 110V
Sewer: Public Sewer
Prop Type: Condominium County: Arapahoe Subdivision: Liv City Center Condo Bldg 2
Flooring: Laminate, Tile Heating: Forced Air
Exterior Features: Balcony
80012 MLS #9862770
Living Area Total: 1104 Main Level Bathrooms: 2
Full baths: 2 0
Association Fee Frequency: Monthly Association Fee
School District: AdamsArapahoe 28J
Construction Materials: Frame, Wood Siding
ACTIVE 8/29/22
Includes: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
Association Yn: true
Main Level Bedrooms: 2 Parking Total: 2
$344,995
Updated: Sep 6, 2022 4:07 AM
Patio And Porch: Covered, Patio Roof: Composition Senior Community Yn: false
Structure Type: Low Rise (1-3) Gephart
Orig list price: $344,995
Details
Assoc Fee: $277 Taxes: $3,321
Interior Features: Five Piece Bath, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk In Closet(s)
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle
Association Name: Liv City Center Condominiums Association Phone: 303-268-8364
Middle: Aurora Hills Elementary: Wheeling
Aurora, CO
Cell: 720-520 4448
6
Features
High: Gateway
List date: 8/29/22
Building Area Source: Public Records
List Price: $344,995
Year Built 2019 Days on market: 8
Lot Size (sqft): 561
Utilities: Cable Available, Electricity Available, Phone Available Water Source: Public
Window Features: Double Pane Windows
GORGEOUS Modern 2 Bedroom, 2 Bathroom condo in Aurora! Spacious open floor plan offers 11-ft ceilings, and plank flooring. Large eat-in Kitchen features stainless-steel appliances and large center island with seating x4! Sliding door off the Living Room leads to covered patioperfect for your favorite grill and patio furniture! Large Primary Suite offers walk-in closet and private 5-piece bathroom. Great Location, near Mississippi and I-225! Convenient to downtown Denver and the Tech Center!
UNIT 109 BLDG 2 AS PER CONDO DECLARATION RECORDED ON REC# D9097412 LIV CITY CCENTERONDOMINIUMS
Tax Year: 2021
Remarks
Tax Legal Description:
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 7
14301 E Tennessee Avenue 109 Aurora, CO 80012 MLS #9862770 $344,995 2 Beds 2.00 Baths 1,104 Sq. Ft. ($312 / sqft) ACTIVE 8/29/22 Year Built 2019 Days on market: 8 Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 8
Features
4448 9
List Price: $369,000
Details
Assoc Fee: $277 Taxes: $542
High: Gateway
Association Fee Includes: Irrigation Water, Maintenance Grounds, Maintenance Structure, Sewer, Trash Association Name: LIV City Center Condos Association Phone: 303-268-8364
PENDING 8/28/22
Year Built 2020 Days on market: 72
Middle: Aurora Hills
2 Beds 2.00 Baths
Off-market date: 8/28/22
Association Yn: true Building Area Source: Builder
Building Name: LIV CITY CCENTERONDOMINIMUMS
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart
Cell: 720-520
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer Association Amenities: Parking Association Fee Frequency: Monthly
Cooling: Central Air Direction Faces: Northwest Entry Location: Ground
Common Walls: End Unit, 1 Common Wall Construction Materials: Brick, Stucco
981 S Sable Boulevard 6 301 Aurora, CO 80012 MLS #5081753
Prop Type: Condominium County: Arapahoe Subdivision: LIV CITY CENTER Style: Urban Contemporary
Carport Spaces: 1
Flooring: Carpet, Laminate Foundation Details: Slab Green Energy Efficient: Appliances, Construction, Doors, HVAC, Lighting, Water Heater, Windows Heating: Forced Air
Updated: Aug 28, 2022 8:05 AM
Pending date: 8/28/22
$369,000
Elementary: Wheeling
Orig list price: $398,200
1,155 Sq. Ft. ($319 / sqft)
School District: AdamsArapahoe 28J
Exterior Features: Balcony
Full baths: 2 0 Lot Size (sqft): List date: 6/8/22
Senior Community Yn: false
Penthouse unit with largest square footage at 1155 square feet. Price improvement plus a dip in interest rates! The most recently constructed and final building of the Liv City Center Condominiums. This large two bed, two-bath condo is only nine months old, still under the builders warranty! Enjoy the high ceiling and a spacious open-concept floor plan that flows from kitchen to balcony. The kitchen has beautiful granite countertops, upgraded stainless steel appliances, modern LED lighting, and an expansive island with seating. Take in the mountain views while savoring your morning coffee from the private covered balcony The generous main suite features beautiful natural light, a walk-in closet & an en-suite bathroom. The second large bedroom and full bathroom are privately situated on the other side of the condo. In-unit laundry with an included, nearly-new, full-size, efficient washer and dryer. ***This unit has a coveted deeded carport at the end of the carport only steps from the secure entry with an additional assigned parking space. Work at the medical center, not problem, easy communte *** Prime Central Aurora location; blocks away from restaurants, shopping, Settler's Park, RTD/light rail, with quick access to I-225, I-70 and DIA. Arguably the nicest unit in the complex with a more private entry and great views, but hey, who wants to argue, just enjoy this move-in ready unit!
Interior Features: Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Smoke Free, Walk-In Closet(s)
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available View: Mountain(s) Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: LIV CITY CENTER
Main Level Bathrooms: 2
720-520 4448 10
Cell:
Levels: Three Or More Listing Terms: Cash, Conventional, FHA, VA Loan
Main Level Bedrooms: 2
Parking Total: 2
Patio And Porch: Covered Property Condition: New Construction Road Surface Type: Paved Roof: Unknown Security Features: Carbon Monoxide Detector(s), Key Card Entry, Security Entrance
Sewer: Public Sewer Structure Type: Low Rise (1-3)
Tax Legal Description: UNIT 301 BLDG 6 AS PER CONDO DECLARATION RECORDED ON REC# D9094712 LIV CITY CCENTERONDOMINIUMS
Remarks
Living Area Total: 1155 Lot Features: Landscaped, Near Public Transit
Tax Year: 2021
Laundry Features: In Unit
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart
981 S Sable Boulevard 6 301 Aurora, CO 80012 MLS #5081753 $369,000 2 Beds 2.00 Baths 1,155 Sq. Ft. ($319 / sqft) PENDING 8/28/22 Year Built 2020 Days on market: 72 Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 11
Entry Location: Corridor Access
Prop Type: Condominium County: Arapahoe Subdivision: Century City Condominiums
Direction Faces: Southwest
$327,500
Construction Materials: Brick, Concrete
Sold date: 8/31/22
Taxes: $3,374
School District: AdamsArapahoe 28J
Updated: Aug 31, 2022
7:01 AM
Cooling: Central Air
2 Beds 2.00 Baths
Flooring: Carpet, Tile
Cell: 720-520 4448
Kyle Gephart
Details
Frequency: Monthly Association Fee
Association Phone: 303-284 1448
Orig list price: $350,000
List date: 6/23/22
Features
Garages: 1
Off-market date: 7/30/22
Style: Contemporary Full baths: 2 0
Association Yn: true Building Area Source: Public Records
Includes: Maintenance Grounds, Sewer, Snow Removal, Trash, Water
Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Parking Association Fee
Distance To Bus Numeric: 3
Elementary: Wheeling
Distance To Bus Units: Blocks
Exterior Features: Balcony
Association Name: Sentry Management
Heating: Forced Air
CLOSED 8/31/22
List Price: $330,000
Laundry Features: In Unit
12
Concessions Amount: 2000
Interior Features: Ceiling Fan(s), High Ceilings, Kitchen Island, Laminate Counters, No Stairs, Open Floorplan, Primary Suite, Walk-In Closet(s)
Lot Size (sqft): 689
14321 E Tennessee Avenue 1 208 Aurora, CO 80012 MLS #9352323
Middle: Aurora Hills
Concessions: Buyer Closing Costs/Seller Points Paid
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012
Year Built 2007 Days on market: 37
Entry Level: 2
High: Gateway
Assoc Fee: $294
1,193 Sq. Ft. ($275 / sqft)
Pets Allowed: Yes Road Frontage Type: Public Road
Living Area Total: 1193
** 2 Bed / 2 Bath Condo with desirable and secure 1-Car Garage ** Amazing walkable location for public transportation, shopping and dining, and minutes to I-225 for speedy access to DIA, DTC or Downtown ** Natural light flows throughout the unit which has tall ceilings and an open layout for comfortable modern living ** The living room is open to the kitchen and dining areas with access to the spacious balcony through a large sliding glass door ** The balcony has space for seating or a grill and includes two locked closets, one holds the utilities, the other is solely for storage ** In the kitchen, there is plenty of counter space to prepare meals, while the island can accommodate seating and provides additional prep or serving space ** Next to the kitchen is the dining space which will hold a good-sized table ** The full guest bath is steps away and convenient to the secondary bedroom ** If not needed for a second bedroom, this bright room would be great as a den or office ** The primary suite has privacy at the end of the hall and includes a huge walk-in closet and a full bath with dual sinks ** The private secured 1-car garage can be accessed from the 1st floor corridor and provides additional storage space while housing a vehicle ** All appliances in the unit are included as currently installed ** Building has a secure entrance, enhancing the value of this property ** The possibilities for this property are many - set your showing today!!
Kyle Gephart
Road Surface Type: Paved Roof: Unknown Security Features: Carbon Monoxide Detector(s), Secured Garage/Parking, Smoke Detector(s)
Patio And Porch: Covered
Cell: 720-520 4448
Senior Community Yn: false
Tax Legal Description: UNIT 208 BLDG 1 AS PER CONDO DECLARATION RECORDED ON RECEPTION #B7038766 CENTURY CITY AMENDEDCONDOMINIUMSASPER REC #B7051004
Remarks
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012
Main Level Bathrooms: 2
Listing Terms: Cash, Conventional, VA Loan
Water Source: Public
Levels: One
Sewer: Public Sewer Structure Type: Low Rise (1-3)
13
Tax Year: 2021
Lot Features: Near Public Transit
Window Features: Double Pane Windows, Window Coverings
Main Level Bedrooms: 2 Parking Features: Concrete, Storage Parking Total: 1
14321 E Tennessee Avenue 1 208 Aurora, CO 80012 MLS #9352323 $327,500 2 Beds 2.00 Baths 1,193 Sq. Ft. ($275 / sqft) CLOSED 8/31/22 Year Built 2007 Days on market: 37 Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 14
AVERAGE $327,500 HIGH $327,500
AVG PRICE / SQFT $275 AVG DOM
LOWEST $369,000 AVERAGE $369,000 HIGH $369,000
S 1 Sold Listings
A 1 Active Listings
LOWEST $344,995
AVG PRICE / SQFT $312 AVG DOM
72
LOWEST $327,500
AVG PRICE / SQFT $319 AVG DOM
AVERAGE $344,995 HIGH $344,995
P 1 Pending Listings
37 Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 15
8
Comparable Property Statistics
37
Homes sold for an average of 99 2% of their list price. Days on market
LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT
Averages $350,000 $327,500 93.57% 37 $275
ADDRESS
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 16
Averages 99.2%
ORIG 14321 E Tennessee Avenue 1 208 $350,000 $327,500 93.57% 37 $275
Sold Property Analysis
Analysis
It took an average of 37 days for a home to sell.
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 17
Averages 1,193 $327,500 $275
Summary of Comparable Properties
A ACTIVE LISTINGS
Averages 1,155 $369,000 $319
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 14301 E Tennessee Avenue 109 2 2.00 1,104 $344,995 $312 Averages 1,104 $344,995 $312
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 14321 E Tennessee Avenue 1 208 8/31/22 2 2 00 1,193 $327,500 $275
S SOLD LISTINGS
P PENDING LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 981 S Sable Boulevard 6 301 2 2 00 1,155 $369,000 $319
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.
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.
PRICINGINTELLIGENT&TIMING
☐
☐
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.
at Keller Williams
ASKING PRICE PERCENTAGE OF BUYERS
☐
+10%+15% Market Value -15%-10% 90%75%60%30%10%
Integrity
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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.
ACTIVITY 1 2
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.
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.
at Keller Williams Integrity
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.
TIME ON MARKET (IN WEEKS) 3
4 5 6
Sign and complete the Listing Agreement
Show property to potential buyers.
Follow-up on Internet leads.
Below are a few of the services we can provide as part of the marketing of your home. Before we can get started, the first important step is to:
Install lock box. (optional)
Enter listing into the MLS system.
First Week
Invite brokers and agents to tour home. Begin agent to agent marketing efforts.
Third Week
Second Week
Put up "For Sale" yard sign.
Comparative Market Analysis 14301 East Tennessee Avenue, Aurora, Colorado 80012 Kyle Gephart Cell: 720-520 4448 19
Review and update status.
Hold Open House.
Ongoing activities
Schedule time to shoot property photos. Review showing procedure. Prepare property flyer Syndicate listing to real estate websites.
Monitor market conditions. Monitor comparable properties for sale. Monitor foreclosures and short sales in market.
Marketing Action Plan
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