Jeff’s Comparative Market Analysis

Page 1

at Keller Williams Integrity







1928 S Downing St, Denver, CO 80210-4125, Denver County APN: 5262-08-004

CLIP: 2494643162

Beds 2

Baths 1

Sale Price $185,000

Sale Date 01/30/2001

Bldg Sq Ft 836

Lot Sq Ft 6,250

Yr Built 1921

Type SFR

OWNER INFORMATION

Owner Name

Hallberg Jeffrey Logan

Owner Name 2

Mailing ZIP 4

4500

Mailing Carrier Route

C020 No

Mailing Address

2380 Crestmont Ln

Owner Occupied

Mailing City & State

Highlands Ranch, CO

DMA No Mail Flag

Mailing Zip

80126

LOCATION INFORMATION

Property Zip

80210

Location Influence

Property Zip4

4125

Topography

Flat/Level

Property Carrier Route

C018

Neighborhood Code

University-0531

School District

Denver County 1

Neighborhood Name (OnBoard)

University

Elementary School

Asbury

Traffic

Graded

Middle School

Grant Beacon

Township

04S

High School

South

Range

68W

Subdivision

Evanston

Section

26

Zoning

U-SU-C

Quarter

NW

Census Tract

30.03

Block

1

Lot

7

DENV

Condo Floor TAX INFORMATION

PIN

5262-08-004

Tax District

Alternate PIN

161576105

Tax Appraisal Area

Schedule Number

0526208004000

Homestead Percent

% Improved

11%

Legal Description

L 7 & 8 BLK 1 EVANSTON

ASSESSMENT & TAX

Assessment Year

2021 - Preliminary

2020

2019

2018

Market Value - Land

$437,300

$359,200

$359,200

$312,300

Market Value - Improved

$1,000

$42,700

$42,700

$7,200

Market Value - Total

$438,300

$401,900

$401,900

$319,500

Assessed Value - Land

$31,270

$25,680

$25,680

$22,490

Assessed Value - Improved

$70

$3,050

$3,050

$520

Assessed Value - Total

$31,340

$28,730

$28,730

$23,010

YOY Assessed Change (%)

9.08%

0%

24.86%

YOY Assessed Change ($)

$2,610

$0

$5,720

Tax Year

Total Tax

2018

$1,780

Change ($)

Change (%)

2019 2020

$2,072

$292

16.39%

$2,132

$60

2.88%

CHARACTERISTICS

Lot Frontage

Baths - Full

Lot Depth

Baths - Half

1

Lot Acres

0.1435

Other Rooms

Lot Sq Ft

6,250

Stories

1

Fireplace

Y 1

Lot Shape Land Use - County

Single Family Resident

Fireplaces

Land Use - CoreLogic

SFR

Cooling Type

Building Type

Heat Fuel Type

Style

Heat Type

Year Built

1921

Patio Type

Bldg Sq Ft - Above Ground

836

Garage Type

Bldg Sq Ft - Basement Property Details

Warm Air Parking Avail

Garage Capacity

Courtesy of Blake Buckley, 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: 03/03/22 Page 1/4


Bldg Sq Ft - Finished Basement

Garage Sq Ft

Bldg Sq Ft - Unfinished Basement

Roof Material

Bldg Sq Ft - Total

836

Construction

Bldg Sq Ft - Finished

836

Exterior

Bldg Sq Ft - 1st Floor

836

Floor Cover

Bldg Sq Ft - 2nd Floor

Foundation

Basement Type

Pool

# Units

Frame

Pool Size

# Buildings

1

Water

Total Rooms

5

Sewer

Bedrooms

2

Quality

Baths - Total

1

Other Impvs

MLS Total Baths

Average

Equipment

Ls1

FEATURES

Feature Type

Size/Qty

Opn Prch-Frm

87

Prch-Encl Fin

157

Und Spnklr

3,900

Building Description

Building Size

SELL SCORE

Rating

Low

Sell Score

420

Value As Of

2022-02-27 05:38:23

ESTIMATED VALUE

RealAVM™

$443,400

Confidence Score

66

RealAVM™ Range

$403,494 - $483,306

Forecast Standard Deviation

9

Value As Of

02/21/2022

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LISTING INFORMATION

MLS Listing Id

MLS Listing Contract Date

MLS Days On Market

MLS Pending Date

MLS Source

MLS Close Date

MLS Status

MLS List Office Name

MLS Status Change Date

MLS List Agent Full Name

MLS Current Price

MLS Buyer Agent Full Name

MLS Original List Price

MLS Buyer Office Name

MLS Close Price MLS Listing # MLS Source History MLS Status MLS Listing Cancellation Date MLS Listing Price MLS Orig Listing Price MLS Listing Close Price MLS Listing Date MLS Close Date MLS Listing Expiration Date LAST MARKET SALE & SALES HISTORY

Sale Date

01/30/2001

Deed Type

Warranty Deed

Sale Price

$185,000

Owner Name

Hallberg Jeffrey Logan

Price per SqFt - Finished

$221.29

Owner Name 2

Document Number

16953

Seller

Sale Type

Full

Meyer Leann S

Sale Date

01/30/2001

10/28/1997

02/27/1996

02/26/1993

Sale Price

$185,000

$120,500

$99,999

$59,000

Property Details

Courtesy of Blake Buckley, 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: 03/03/22 Page 2/4


Nominal Buyer

Hallberg Jeffrey L

Meyer Leann S

Hughes Thomas E

Chambless Robert Kevin

Seller

Meyer Leann S

Hughes Thomas E

Chambless Robert Kevin

Anema Gerald & Anema Gert rude

Document Number

16953

149022

32182

28539

Document Type

Warranty Deed

Warranty Deed

Warranty Deed

Warranty Deed

Buyer

Title Company Multi/Split Sale Type MORTGAGE HISTORY

Mortgage Date

05/01/2017

09/07/2005

11/05/2004

07/07/2004

11/05/2002

Mortgage Amount

$170,000

$196,000

$46,500

$46,500

$149,000

Mortgage Lender

Loandepot.com LLC

American Financing C orp

Washington Mutual Bk Fa

Washington Mutual Bk Fa

Washington Mutual Bk Fa

Borrower

Hallberg Jeffrey L

Hallberg Jeffrey L

Hallberg Jeffrey L

Hallberg Jeffrey L

Hallberg Jeffrey L

Hallberg Christi L

Hallberg Christi L

Borrower Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Refi

Refi

Mortgage Int Rate

1.375

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Fixed Rate Loan

Fixed Rate Loan

5.75 Adjustable Int Rate Loa n

Mortgage Term

30

30

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Other

Attorneys Title Guarant y Fund

Security Title Co

Mortgage Date

05/07/2002

02/06/2001

06/28/1999

Mortgage Amount

$18,000

$148,000

$130,400

Mortgage Lender

Bank One Na

Washington Mutual Bk Fa

Citywide Banks

Borrower

Hallberg Jeffrey L

Hallberg Jeffrey L

Meyer Leann S

Mortgage Type

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Refi

Mortgage Int Rate Type

Fixed Rate Loan

Adjustable Int Rate Loan

Mortgage Term

15

30

Mortgage Term

Years

Years

Borrower

Mortgage Int Rate

Title Company

First American Heritage Title

FORECLOSURE HISTORY

Document Type Default Date Foreclosure Filing Date Recording Date Document Number Book Number Page Number Default Amount Final Judgment Amount Original Doc Date Original Document Number Original Book Page Lien Type

Property Details

Courtesy of Blake Buckley, 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: 03/03/22 Page 3/4


PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Blake Buckley, 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: 03/03/22 Page 4/4


Map of Property Locations

1839 S Downing Street, Denver, CO 80210 Listing Id: 2584469 Status: Closed 12/01/21 Price: $540,000 1 Subtype: SFR Ttl SqFt: 1,040 Bd/Bth: 2/1 Show #: 303-573-7469 1920 S Downing Street, Denver, CO 80210 Listing Id: 5797509 Status: Closed 10/08/21 Price: $575,000 3 Subtype: SFR Ttl SqFt: 1,070 Bd/Bth: 2/1 Show #:

2387 S Williams Street, Denver, CO 80210 Listing Id: 8740800 Status: Closed 11/30/21 Price: $565,000 Subtype: SFR 2 Ttl SqFt: 764 Bd/Bth: 2/1 Show #: 303-573-7469


Broker 1 Page 1839 S Downing Street, Denver, CO 80210 (Status: Closed, Listing ID: 2584469) Close Price: $540,000 County: Denver List Price: $530,000 Property Type: Residential Original List Price: $530,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1925 Subdivision Name: Platt Park Listing Contract Date: 11/04/2021 Purchase Contract Date: 11/08/2021 Contingency: None Known Close Date (DIM): 12/01/2021 Days In MLS: 4 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,443 Tax Year: 2020 Tax Legal Desc: L 38 & 39 BLK 61 STEBBINS HTS Interior Area & SqFt Building Area Total (SqFt Total): 1,040 Living Area (SqFt Finished): 838 Above Grade Finished Area: 838 Below Grade Total Area: 202 Below Grade Finished Area: 0 Below Grade Unfinished Area: 202 PSF Total: $519 PSF Finished: $644 PSF Above Grade: $644 Basement: Cellar, Partial, Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: 0 Heating: Forced Air Cooling: None HVAC Description: Appliances: Cooktop, Dishwasher, Microwave, Oven, Refrigerator Exclusions: Sellers Personal property. Storage racks in garage and basement/ cellar Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 3 Offstreet Spaces: 1 Site & Location Information Lot Size: 0.14 Acres / 5,990 SqFt Waterfront Feat: Lot Features: Level Elementary School: Asbury / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: South / Denver 1 Building & Water Information Direction Faces: East View: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome to this wonderful home located in Platt Park - one of Denver's most desired neighborhoods. This home is perfectly situated near South Pearl Street and within walking distance of Wash Park and DU. The large, modern kitchen is open and designed for maximum storage. The private backyard is an ideal setting for evening entertainment on its large patio. The garage is a perfect place for any hob... Confidential Information Private Remarks: Offers will be reviewed as they come in. All information deemed reliable but not guaranteed, Buyer(s) and Buyers Agent to verify all information presented. Showings start Thursday (11/4), go and show. In the event of multiple offers, a submittal and acceptance deadline may be asked for, Seller reserves the right to accept an offer at any time. The boat in the extra parking spot is negotiable. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5%

List Agent: Drew Evans List Office: Ajax Realty Group Email:

Drew@ajaxrealtygroup.com

Buyer Agent: Jaclyn Valentine Buyer Office: Keller Williams DTC Email: jaclynvalentine@kw.com Concessions: Buyer Closing Costs/Seller Points Paid, $9,000 Buyer Financing: Conventional

List Agent Phone: 720-443-3021 Mobile: 720-443-3021 Buyer Agent Phone: 303-919-6595 Mobile: 303-919-6595 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 03/03/2022 11:05:54 AM


Full Property View

1839 S Downing Street, Denver, CO 80210

----

$540,000 - Closed


2387 S Williams Street, Denver, CO 80210 (Status: Closed, Listing ID: 8740800) Close Price: $565,000 County: Denver List Price: $577,500 Property Type: Residential Original List Price: $595,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1946 Subdivision Name: University/DU Listing Contract Date: 10/22/2021 Purchase Contract Date: 11/11/2021 Contingency: None Known Close Date (DIM): 11/30/2021 Days In MLS: 20 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,173 Tax Year: 2020 Tax Legal Desc: EVANSTON SECOND FLG B38 L24 & 25 Interior Area & SqFt Building Area Total (SqFt Total): 764 Living Area (SqFt Finished): 764 Above Grade Finished Area: 764 PSF Total: $740 PSF Finished: $740 PSF Above Grade: $740 Basement: Crawl Space Bsmnt Ceiling Ht: Heating: Forced Air Cooling: None HVAC Description: Interior Features: Entrance Foyer, High Ceilings, No Stairs Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Refrigerator Flooring: Wood Exclusions: NONE Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.14 Acres / 6,250 SqFt Waterfront Feat: Lot Features: Near Public Transit Elementary School: Asbury / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: South / Denver 1 Building & Water Information Architectural Style: Mid-Century Modern Direction Faces: East View: Mountain(s) Construction Materials: Frame Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks This adorable DU/EVANSTON Mid-Century Modern home is the one you have been waiting for! There is plenty of original charm on this huge corner lot (6250 sf) property as well as equity to be had for the new owner. The property is in great condition and has original hardwoods, trim and doors etc. The kitchen has been updated with newer cabinets and tile as well as the bathroom. This property woul... Confidential Information Private Remarks: Was rented for $2100 a month. Easy to rent out and go through the redevelop process. Newer homes going for around 2m in this area. Washer / dryer included in sale. New roof 2015 Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5%

List Agent: Brian Friedman List Office: Coldwell Banker Global Luxury Denver Email:

brian.friedman@coloradohomes.com

Buyer Agent: Vivian DePaola Buyer Office: Corcoran Perry & Co. Email:

vivian@vivianre.com

Concessions: No Buyer Financing: Private

List Agent Phone: 303-819-4909 Mobile: 303-819-4909 Buyer Agent Phone: 303-359-3301 Mobile: 303-359-3301 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 03/03/2022 11:05:54 AM


2387 S Williams Street, Denver, CO 80210

----

$565,000 - Closed


1920 S Downing Street, Denver, CO 80210 (Status: Closed, Listing ID: 5797509) Close Price: $575,000 County: Denver List Price: $550,000 Property Type: Residential Original List Price: $550,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1920 Subdivision Name: Platte Park Listing Contract Date: 09/08/2021 Purchase Contract Date: 09/09/2021 Contingency: None Known Close Date (DIM): 10/08/2021 Days In MLS: 1 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,361 Tax Year: 2019 Tax Legal Desc: L 5 & 6 BLK 1 EVANSTON Interior Area & SqFt Building Area Total (SqFt Total): 1,070 Living Area (SqFt Finished): 908 Above Grade Finished Area: 908 Below Grade Total Area: 162 Below Grade Finished Area: 0 Below Grade Unfinished Area: 162 PSF Total: $537 PSF Finished: $633 PSF Above Grade: $633 Basement: Partial, Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Living Room, Wood Burning Heating: Forced Air, Natural Gas Cooling: Air Conditioning-Room, Other HVAC Description: Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Wood Exclusions: Seller's personal property, including Living room TV. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.14 Acres / 6,250 SqFt Waterfront Feat: Lot Features: Level Elementary School: Asbury / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: South / Denver 1 Building & Water Information Architectural Style: Bungalow Direction Faces: West View: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks Platte Park Perfection!! Unparalleled location!! This darling updated bungalow, built in 1920, is a mix of original charm and stylish renovations. The living and dining rooms are spacious and bright with large south-facing windows. A well-laid out kitchen, 2 generously-sized bedrooms a renovated bathroom complete the picture. New-ish A/C, sprinkler system, water heater, roof and windows. With a 62... Confidential Information Private Remarks: Living room television is excluded, along with sellers personal property. Outdoor entertainment system included! (Outdoor tv and speakers) Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Susan Sweeney List Office: LIV Sotheby's International Realty Email:

ssweeney@livsothebysrealty.com

Buyer Agent: Persistence Sample Buyer Office: Compass - Denver Email:

persy.sample@compass.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-717-4705 Mobile: 303-717-4705 Buyer Agent Phone: 330-807-8387 Mobile: 330-807-8387 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 03/03/2022 11:05:54 AM


1920 S Downing Street, Denver, CO 80210

----

$575,000 - Closed


This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 03/03/2022 to 09/04/2021 Property Sub Type is 'Single Family Residence' Levels is 'One' Beds Total is 2 Baths Total Integer is 1 Living Area is 0 to 1200 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no Exterior Features is 'Private Yard' 2 Properties have been discarded. Latitude, Longitude is not around 39.68, -104.97

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Denver

2

1

838

1,040

838

12/01/21

$644

$519

$644

4

Denver

2

1

764

764

764

11/30/21

$740

$740

$740

20

Denver

2

1

908

1,070

908

10/08/21

$633

$537

$633

Averages:

837

958

837

$672

$599

$672

1 8

Listing ID Address

City

2584469 1839 S Downing ST 8740800 2387 S Williams ST 5797509 1920 S Downing ST

Count: 3

Closed Price:

Report Totals

Presented By: Blake Buckley Generated on: 03/03/2022

Count : 3

Averages:

High $575,000

SqFt Abv 837

SqFt Ttl 958

Low $540,000 Sqft Fin 837

PSF Abv $ 672

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

530,000

$530,000 $540,000

102%

595,000

$577,500 $565,000

95%

550,000

$550,000 $575,000

105%

$558,333

$552,500 $560,000

100%

Orig Price $558,333

List Price Close Price $552,500 $560,000

CP/OLP 100 %

Median $565,000 PSF Ttl

$599

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Fin $672

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 first two weeks of marketing are crucial. 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

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

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. 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. 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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