1000 Sumner Court Market Research

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Comparative Market Analysis 1000 Sumner Ct Erie, CO 80516 1000 Sumner Price Reduction Research JULY 19, 2023 Cody Smetzer | cody@elitehomepartnersco.com

Map of Comparable Listings

STATUS: A = ACTIVE S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 1000 Sumner Ct 4 4.00 3,2222 4572296 A 881 Sumner Way 5 5.00 4,598 $800,000 3 7393454 A 1000 Sumner Court 4 4.00 4,668 $775,000 4 IR985577 A 1364 Jackson Drive 4 4.00 4,829 $899,000 5 IR981027 S 231 Northrup Drive 4 3.00 4,132 $763,000 6 IR988453 S 1904 Clark Court 4 4.00 3,291 $755,000 7 2651811 S 375 Woodson Drive 4 5.00 3,413 $725,000 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516 Cody Smetzer 7202023941

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Sunwest North

Style: Traditional Full baths: 3.0

Features

Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Refrigerator, Sump Pump, Washer

Association Amenities:

Playground

Association Fee Frequency: Monthly

Association Fee Includes: Capital Reserves, Trash

Association Name: Sunwest

HOA

3/4 Baths: 1.0

Half baths: 1.0

Lot Size (sqft): 6,753

Garages: 4

List date: 7/14/23

Updated: Jul 19, 2023 12:58 AM

List Price: $800,000

Orig list price: $800,000

Assoc Fee: $65

Taxes: $5,641

School District: St. Vrain

Valley RE-1J

High: Erie

Middle: Erie

Elementary: Red Hawk

Association Phone: 7209744129

Association Yn: true Basement: Finished

Below Grade Unfinished Area: 182.0

Building Area Source: Public Records

Common Walls: No Common Walls

Construction Materials: Brick, Frame

Cooling: Central Air

Exterior Features: Barbecue, Lighting, Spa/Hot Tub

Fencing: Full

Fireplace Features: Family Room

Fireplaces Total: 1

Flooring: Carpet, Laminate, Tile, Wood

Foundation Details: Slab

Heating: Forced Air

Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High

Ceilings, In-Law Floor Plan, Kitchen Island, Pantry, Primary Suite, Radon Mitigation System, Spa/Hot Tub, Utility Sink, Walk-In Closet(s), Wet Bar

Levels: Two

Listing Terms: Cash, Conventional, Jumbo

Living Area Total: 4416

881 Sumner Way
80516
5 Beds 5.00 Baths 4,598 Sq. Ft. ($174 / sqft) ACTIVE 7/14/23 Year Built 2014 Days on market: 5
Erie, CO
MLS #4572296 $800,000
1000 Sumner
Comparative Market Analysis
Court, Erie, Colorado 80516

Main Level Bathrooms: 1

Parking Features: Concrete, Oversized, Tandem

Parking Total: 4

Patio And Porch: Front Porch, Patio

Pets Allowed: Cats OK, Dogs OK

Remarks

Road Surface Type: Paved

Roof: Composition

Security Features: Carbon Monoxide Detector(s), Radon Detector, Smoke Detector(s), Video Doorbell

Senior Community Yn: false Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 10 BLK 3 SUNWEST NORTH

Tax Year: 2022

Utilities: Electricity Connected, Natural Gas Connected

Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Step into this fabulous 5-bedroom, 5 bathroom home with a 4 car garage. The floor plan is open with a nod to traditional. There is plenty of room for a separate formal living room/dining room that flows beautifully into the kitchen/family area. The gas fireplace adds warmth to the family area and the massive kitchen is perfect for entertaining. Double ovens, a gas cooktop, and plenty of counterspace/cabinets will bring out your inner chef. The large, stone patio adds the perfect outdoor entertainment space for BBQing, enjoying the included hot tub or just relaxing. The main floor does have a laundry area, powder room and separate office. Upstairs you will find a massive primary bedroom with a coffee bar, large south facing windows bringing in so much natural light, a spa-like ensuite bath adding to this private oasis. Two bedrooms share a full bathroom, and the fourth bedroom has its own private bath. The finished basement has its own fully equipped kitchen, double doors leading into a workout room, 6th bedroom, additional home office or whatever works best for you. A large screen, built-in speakers are included for an awesome media room. A conforming 5th bedroom with a 3/4's bath gives your guest so much privacy and living space. Large utility room with 2nd HVAC system, new furnace in the basement, 2nd laundry room plumbed for a sink, storage under the staircase and a radon mitigation system. Close to the Erie Rec Center, Old Town and numerous trails. Enjoy the farmer's market in Old Town on Thursday, fun for everyone. So many activities throughout the year make with a small-town feel. Easy commute to Boulder and Denver make this location so desirable. This home has it all...!!!! Roof will be replaced before closing. Don't wait, call Kathryn for your private tour today...!!!

Courtesy of Coldwell Banker Realty 18

Information is deemed reliable but not guaranteed.

Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
881 Sumner Way Erie, CO 80516 MLS #4572296 $800,000 5 Beds 5.00 Baths 4,598 Sq. Ft. ($174 / sqft) ACTIVE 7/14/23 Year Built 2014 Days on market: 5 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Smetzer 7202023941
Cody

1000 Sumner Court

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Sunwest North

Full baths: 3.0

Half baths: 1.0

Features

Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer

Association Fee Frequency:

Quarterly

Association Fee Includes: Trash

Association Name: Sunwest

Homeowners Association

Association Phone: 303-232-9200

Association Yn: true

Basement: Unfinished

Lot Size (sqft): 7,452

Garages: 4

List date: 7/6/23

Updated: Jul 10, 2023 3:01

AM

List Price: $775,000

Orig list price: $775,000

Assoc Fee: $170

Taxes: $5,198

School District: St. Vrain Valley RE-1J

High: Erie

Middle: Erie

Elementary: Red Hawk

Cody Smetzer 7202023941

Below Grade Unfinished Area: 1446.0

Construction Materials:

Frame, Vinyl Siding

Cooling: Central Air

Exterior Features: Private Yard

Fencing: Full

Fireplace Features: Family Room, Gas, Gas Log

Fireplaces Total: 1

Flooring: Carpet, Linoleum, Wood

Heating: Forced Air, Natural Gas

Horse Yn: false

Interior Features: Eat-in Kitchen, Five Piece Bath, Kitchen Island, Primary Suite, Smoke Free, Walk-In Closet(s)

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 3222

Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1

Parking Total: 4

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved

Roof: Composition

Security Features: Smoke Detector(s)

Erie, CO 80516
4 Beds 4.00 Baths 4,668 Sq. Ft. ($166 / sqft) ACTIVE 7/6/23 Year Built 2014 Days on market: 4
MLS #7393454 $775,000
Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 7

BLK 1 SUNWEST NORTH

Remarks

Tax Year: 2022

Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Water Source: Public

Window Features: Double Pane Windows

Experience the perfect blend of luxury and comfort in this stunning 4 bedroom, 4 bathroom home in Erie, Colorado. Located on a spacious corner lot, this beautiful property offers an array of top-notch features and amenities for you and your family to enjoy. Entertain guests and create unforgettable family memories in the open concept great room with a cozy gas fireplace. The adjacent kitchen boasts hardwood floors, a breakfast nook, brand-new paint finishes, new carpet with premium pads, and state-of-the-art appliances, making meal preparation a breeze. Escape to your private oasis in the primary suite retreat, complete with a 5-piece ensuite bathroom. Relax and unwind in the luxurious soaking tub, or indulge in a rejuvenating shower in the separate glass enclosure. Each of the additional three bedrooms offers ample space and comfort for family members or guests. The three other full bathrooms are designed with modern fixtures and finishes, ensuring a harmonious blend of style and practicality. Step outside to enjoy the beautifully landscaped yard, perfect for outdoor activities and gatherings. Just a short walk away, you'll find a picturesque park for leisurely strolls and recreation. The 4-car garage provides plenty of space for vehicles, storage, or even a workshop. Nestled in the charming town of Erie, this exceptional home is close to top-rated schools, shopping, dining, and recreational opportunities. With easy access to Boulder and Denver, you'll enjoy the best of both worlds a serene suburban lifestyle with urban conveniences. Don't miss the chance to make this exquisite Erie, Colorado property your forever home. Contact us today to schedule a personal tour and experience all this stunning 4 bed, 4 bath home has to offer.

Information is deemed reliable but not guaranteed.

Courtesy of Keller Williams Integrity Real Estate LLC
Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
1000 Sumner Court Erie, CO 80516 MLS #7393454 $775,000 4 Beds 4.00 Baths 4,668 Sq. Ft. ($166 / sqft) ACTIVE 7/6/23 Year Built 2014 Days on market: 4 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Smetzer 7202023941
Cody

Details

Prop Type: Single Family

Residence

County: Boulder

Subdivision: Creekside

Style: Contemporary

Full baths: 3.0

Features

Appliances: Dishwasher, Disposal, Down Draft, Microwave, Oven, Refrigerator

Association Amenities: Park, Trail(s)

Association Fee Frequency: Monthly

Association Fee Includes: Capital Reserves

Association Name: Homestead Mgmt- Creekside

Association Phone: 303-547-1444

Half baths: 1.0

Lot Size (sqft): 6,678

Garages: 3

List date: 4/15/23

Updated: Jun 28, 2023 12:20 PM

List Price: $899,000

Orig list price: $990,000

Assoc Fee: $65

Taxes: $5,407

School District: St. Vrain Valley RE-1J

High: Erie

Middle: Erie

Elementary: Red Hawk

Association Yn: true

Basement: Full, Unfinished

Below Grade Unfinished Area: 1382.0

Building Area Source: Assessor

Construction Materials: Stone, Wood Frame

Cooling: Ceiling Fan(s), Central Air

Direction Faces: North

Fencing: Fenced

Fireplace Features: Gas, Gas Log, Great Room

Heating: Forced Air

Interior Features: Eat-in Kitchen, Jack & Jill Bath, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)

Laundry Features: In Unit

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 3447

Lot Features: Cul-De-Sac, Open Space, Rolling Slope, Sprinklers In Front

Main Level Bathrooms: 1

Other Equipment: Satellite Dish

Parking Features: Oversized, Tandem

Parking Total: 3

Patio And Porch: Patio

Possible Use: Residential

1364 Jackson Drive Erie, CO 80516
4 Beds 4.00 Baths 4,829 Sq. Ft. ($186 / sqft) ACTIVE 4/15/23 Year Built 2018 Days on market: 75
MLS #IR985577 $899,000
Comparative Market Analysis
1000 Sumner Court, Erie, Colorado 80516
Cody Smetzer 7202023941

Road Frontage Type: Public Road

Road Surface Type: Paved

Roof: Composition

Sewer: Public Sewer

Remarks

Structure Type: House

Tax Legal Description: LOT

10 BLK 8 CREEKSIDE

Tax Year: 2022

Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Vegetation: Wooded View: City, Mountain(s)

Virtual Tour: View

Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Zoning: SFR

Welcome to your dream home with mountain views! This stunning property is nestled in a quiet, safe subdivision, close to elementary and middle schools, with open space in the backyard, and easy access to trails, playgrounds, and parks. This practically brand-new home is in excellent condition and is now available for you to make it yours. This beautiful home comes with the added benefit of NO METRO TAX and low HOA monthly dues, making it an even more affordable and attractive option for prospective buyers. Step inside and experience the huge open concept with a remarkable kitchen and pantry, well appointed great room, separate dining space and office for a luxurious main level. The upstairs is designed for maximum comfort, with room for everyone. The primary bedroom boasts million-dollar views of the mountain range and a beautiful bathroom with ample space. Two separate walk-in closets provide all the space you need for your shopping trends. There are four roomy bedrooms upstairs, all with large closet space, and three full bathrooms. Want simplicity? The spacious upstairs laundry room eases the timing of chores while being tucked away and quiet. The spacious yet cozy loft is ideal for relaxing, watching tv, and hanging out. The full-size unfinished basement with extended height to ceilings provides so much potential for any additional space needed. Enjoy some Downtown flare as Old Town Erie is nearby, with all the fun shops and restaurants to keep you entertained. You'll love the neighborhood and highly rated St Vrain Valley School District. This home truly has it all, and it won't last long. Act fast and make it yours today!

Courtesy of RE/MAX Nexus

Information is deemed reliable but not guaranteed.

Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
1364 Jackson Drive Erie, CO 80516 MLS #IR985577 $899,000 4 Beds 4.00 Baths 4,829 Sq. Ft. ($186 / sqft) ACTIVE 4/15/23 Year Built 2018 Days on market: 75 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
7202023941
Cody Smetzer

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Creekside

Full baths: 2.0

Half baths: 1.0

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Washer

Association Amenities: Park, Playground, Trail(s)

Association Fee Frequency: Monthly

Association Fee Includes:

Trash

Association Name: Creekside

Homestead Management

Association Phone: 3034571444

Lot Size (sqft): 7,653

Garages: 3

List date: 1/24/23

Sold date: 3/23/23

Off-market date: 3/23/23

Updated: Mar 23, 2023 9:30 AM

List Price: $775,000

Orig list price: $795,000

Assoc Fee: $75

Taxes: $4,709

School District: St. Vrain

Valley RE-1J

High: Erie

Middle: Erie

Elementary: Red Hawk

Association Yn: true

Basement: Unfinished

Below Grade Unfinished Area: 1441.0

Building Area Source: Assessor

Concessions: Cash

Concessions Amount: 14000

Construction Materials: Wood

Frame

Cooling: Central Air

Direction Faces: West

Fireplace Features: Gas

Flooring: Tile, Wood

Heating: Forced Air

Interior Features: Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Laundry Features: In Unit

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 2691

Lot Features: Corner Lot, Flood Zone, Level, Sprinklers In Front

Main Level Bathrooms: 1

Parking Total: 3

Patio And Porch: Patio

Possible Use: Residential

Road Frontage Type: Public Road

Road Surface Type: Paved

Roof: Composition

80516
4 Beds 3.00 Baths 4,132 Sq. Ft. ($185 / sqft) CLOSED 3/23/23 Year Built 2005 Days on market: 17
231 Northrup Drive Erie, CO
MLS #IR981027 $763,000
1000
80516
Comparative Market Analysis
Sumner Court, Erie, Colorado

Security Features: Smoke

Detector

Sewer: Public Sewer

Structure Type: House

Remarks

Tax Legal Description: LOT 1

BLK 2 CREEKSIDE

Tax Year: 2021

Utilities: Electricity Available, Natural Gas Available

Virtual Tour: View

Water Source: Public

Window Features: Window Coverings

Zoning: R

Beautiful home on a large corner lot in Erie! You will love living in this gorgeous 4 bedroom 3 bathroom home with a 3-car garage. Inside, you'll discover a welcoming living room, formal dining area, and a bright & airy family room with picture windows, a delightful fireplace, and walnut wood flooring throughout. The modern kitchen boasts recessed lighting, white cabinets with crown molding, SS appliances, gas range, tile backsplash, a breakfast bar, and a breakfast nook with backyard access. Also on the main level gorgeous French doors lead to the sizable den or home office. Next to a half bath and the laundry room. Upstairs you will find a large loft is ideal for a TV area or another home office. The primary suite enjoys vaulted ceilings, a bay window, an elegant ensuite with dual sinks, a soaking tub, shower and a walk-in closet. Upstairs you will find 3 additional bedrooms, all with west-facing windows and stunning mountain views. Finish it off with a full bathroom with dual vanity. A spacious unfinished basement ready for your finishing touches. The delightful backyard includes a patio perfect for relaxing or hosting fun barbecues! Near neighborhood park and walking trails and just a block from Redhawk Elementary. A must-see gem!

Courtesy of RE/MAX Vista

Information is deemed reliable but not guaranteed.

Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
231 Northrup Drive Erie, CO 80516 MLS #IR981027 $763,000 4 Beds 3.00 Baths 4,132 Sq. Ft. ($185 / sqft) CLOSED 3/23/23 Year Built 2005 Days on market: 17 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516 Cody Smetzer 7202023941

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: CANYON CREEK FLG 2 CORRECTION - ER

Style: Contemporary

Features

Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Oven, Refrigerator

Association Amenities: Park, Trail(s)

Association Fee Frequency: Monthly

Association Fee Includes:

Capital Reserves, Trash

Association Name: Canyon Creek South

Full baths: 2.0

3/4 Baths: 1.0

Half baths: 1.0

Lot Size (sqft): 8,898

Garages: 2

List date: 5/23/23

Sold date: 6/29/23

Off-market date: 6/29/23

Updated: Jun 29, 2023 11:30 AM

List Price: $745,000

Orig list price: $745,000

Assoc Fee: $100

School District: St. Vrain Valley RE-1J

High: Erie

Middle: Erie

Elementary: Erie

Association Phone: 303-952-4004

Association Yn: true

Basement: Full

Building Area Source: Assessor

Construction Materials: Wood Frame

Cooling: Central Air

Exterior Features: Spa/Hot Tub

Fencing: Fenced, Partial

Fireplace Features: Gas

Flooring: Wood

Heating: Forced Air

Interior Features: Eat-in Kitchen, Five Piece Bath, Jack & Jill Bath, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar

Levels: Two

Listing Terms: Cash, Conventional

Living Area Total: 3291

Lot Features: Corner Lot, CulDe-Sac, Level, Sprinklers In Front

Main Level Bathrooms: 1

Parking Features: Oversized

Parking Total: 2

Patio And Porch: Deck

Possible Use: Residential

Road Surface Type: Paved

Roof: Composition

Security Features: Smoke Detector

1904 Clark Court Erie, CO 80516
4 Beds 4.00 Baths 3,291 Sq. Ft. ($229 / sqft) CLOSED 6/29/23 Year Built 1999 Days on market: 5
MLS #IR988453 $755,000
Comparative Market Analysis
1000 Sumner Court, Erie, Colorado 80516

Structure Type: House

Tax Legal Description: LOT

20 BLK 1 CANYON CREEK FLG 2 CORRECTION PLAT

Remarks

Tax Year: 2023

Utilities: Natural Gas Available

Vegetation: Wooded

Virtual Tour: View

Water Source: Public

Window Features: Bay

Window(s)

Zoning: RES

Here's your chance to live in one of the most established neighborhoods in West Erie! This home sits on the largest corner lot in the cul-de-sac, boasting mature trees and a backyard oasis complete with a hot tub and gazebo. Generous square footage invites main level entertaining with an eat-in kitchen and formal dining area that opens to a family room, office with built-ins and laundry. Upstairs you'll find two bedrooms with a Jack and Jill bath and a spacious primary bedroom with tastefully updated ensuite. Head downstairs to a finished basement set up to entertain with a custom cherry wood bar and media area wired for surround sound, gym space, guest suite with walk-in closet, an updated full bathroom with double shower heads, an additional office/project space with built-ins and plenty of storage! New roof coming, upgraded 50-gallon water heater, fresh interior paint, new carriage-style insulated garage door, extended driveway and 2.5 car garage. Nestled in a quiet Boulder county community with numerous parks, endless biking/walking paths, towering trees and mountain views. Walking distance to nearby Thomas Reservoir, minutes to Erie Community Park, rec center, library, and charming downtown. Close to 287 and easy access to I25, ideal location near Boulder and Longmont. NO METRO TAXES!

Courtesy of Homestead Real Estate, LLC Information is deemed reliable but not guaranteed.

Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Cody Smetzer 7202023941
1904 Clark Court Erie, CO 80516 MLS #IR988453 $755,000 4 Beds 4.00 Baths 3,291 Sq. Ft. ($229 / sqft) CLOSED 6/29/23 Year Built 1999 Days on market: 5 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516 Cody Smetzer 7202023941

Details

Prop Type: Single Family Residence

County: Boulder

Subdivision: Sunwest

Full baths: 3.0

Half baths: 2.0

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Association Amenities: Park, Playground, Trail(s)

Association Fee Frequency: Quarterly Association Fee Includes:

Maintenance Grounds

Association Name: Sunwest

HOA

Association Phone: (720)

974-4129

Lot Size (sqft): 6,499

Garages: 3

List date: 3/10/23

Sold date: 4/25/23

Off-market date: 3/18/23

Updated: Apr 26, 2023 2:09 AM

List Price: $725,000

Orig list price: $725,000

Assoc Fee: $162

Taxes: $3,195

School District: St. Vrain

Valley RE-1J

High: Erie

Middle: Erie

Elementary: Red Hawk

Association Yn: true Basement: Finished

Building Area Source: Public Records

Concessions: Buyer Credit/ Incentives

Concessions Amount: 1000

Construction Materials: Frame

Cooling: Central Air

Exterior Features: Lighting, Rain Gutters, Spa/Hot Tub, Water Feature

Fencing: Full

Fireplace Features: Gas, Living Room

Fireplaces Total: 1

Flooring: Carpet, Wood

Heating: Forced Air

Interior Features: Ceiling

Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Levels: Two

Listing Terms: Cash, Conventional, FHA, Jumbo

Living Area Total: 3413

Lot Features: Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1

Parking Features: Finished

Parking Total: 3

Patio And Porch: Patio

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

80516
4 Beds 5.00 Baths 3,413 Sq. Ft. ($212 / sqft) CLOSED 4/25/23 Year Built 1998 Days on market: 8
375 Woodson Drive Erie, CO
MLS #2651811 $725,000
Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516 Cody Smetzer 7202023941

Structure Type: House

Tax Legal Description: LOT

29 BLK 8 SUNWEST SUB

Remarks

Tax Year: 2022

Water Source: Public

Window Features: Double Pane Windows, Skylight(s)

Pride of ownership shows from the moment you walk in the door. You will notice the gorgeous hardwood floors and vaulted ceilings on the main floor as well as the sky lights in the living room. When you make your way into the dining room/ family room you will notice how big this area is and how much natural light is let in with all of the windows. Right around the corner is the eat-in kitchen that offers granite countertops, stainless steel appliances, tons of counter space and an island. The kitchen is open to the living room and is a great place to entertain! In the living room there is a gas fireplace, built ins and 2 skylights! Off of the living room is a large room that could be used as an office or a non-conforming bedroom and had an attached half bathroom with a large storage closet. Upstairs at the end of the hallway is a large bedroom with a big walk-in closet. Additionally, there is an updated full bathroom with a large soaker tub, granite countertops and a skylight. There is a 2nd large bedroom upstairs as well! Across the walkway is the primary suite that includes a walk-in closet, an updated bathroom with granite countertops, a tiled shower, bathtub, double sinks and 2 large windows. There is also a laundry chute in the linen closet in the bathroom. High quality new, carpet and padding throughout the upstairs. In the basement there is a bedroom bathroom suite, a large living room and a powder room. Also, a large storage area. The backyard oasis has been landscaped with a great stone patio, a small pond and a grassy area all surrounded by large mature trees. This home is surrounded by walking paths, close to great school and the expanding downtown Erie.

Courtesy of Due South Realty
Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Information is deemed reliable but not guaranteed.
375 Woodson Drive Erie, CO 80516 MLS #2651811 $725,000 4 Beds 5.00 Baths 3,413 Sq. Ft. ($212 / sqft) CLOSED 4/25/23 Year Built 1998 Days on market: 8 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516 Cody Smetzer 7202023941

Comparable Property Statistics

A 3 Active Listings S 3 Sold Listings LOWEST $775,000 AVERAGE $824,666 HIGH $899,000 AVG PRICE / SQFT $175 AVG DOM 28 LOWEST $725,000 AVERAGE $747,666 HIGH $763,000 AVG PRICE / SQFT $209 AVG DOM 10 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Cody Smetzer 7202023941

Sold Property Analysis

Averages

99.11%

Homes sold for an average of 99.11% of their list price.

Analysis

10

Days on market

It took an average of 10 days for a home to sell.

ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 231 Northrup Drive $795,000 $763,000 95.97% 17 $185 1904 Clark Court $745,000 $755,000 101.34% 5 $229 375 Woodson Drive $725,000 $725,000 100.00% 8 $212 Averages $755,000 $747,667 99.11% 10 $209 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Cody Smetzer 7202023941

Summary of Comparable Properties

A ACTIVE LISTINGS

S SOLD LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 881 Sumner Way - 5 5.00 4,598 $800,000 $174 1000 Sumner Court - 4 4.00 4,668 $775,000 $166 1364 Jackson Drive - 4 4.00 4,829 $899,000 $186 Averages 4,698 $824,666 $175
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 231 Northrup Drive 3/23/23 4 3.00 4,132 $763,000 $185 1904 Clark Court 6/29/23 4 4.00 3,291 $755,000 $229 375 Woodson Drive 4/25/23 4 5.00 3,413 $725,000 $212 Averages 3,612 $747,666 $209 Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Cody Smetzer 7202023941

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

Market Value

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 comparablesother 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.

-10% -15% +15% +10% 10% 30% 60% 75% 90%

INTELLIGENT PRICING & TIMING

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

A C T I V I T Y
TIME ON MARKET (IN WEEKS) 1 2 3 4 5 6

Suggested List Price

Analysis of the comparable properties suggests a list price range of: $725,000 - $745,000 $225 / sqft - $231 / sqft

The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Status A 3 Active $824,666 $175 / sqft $824,667 $175 / sqft 28 Days on Market S 3 Sold $747,666 $209 / sqft $747,667 $209 / sqft 10 Days on Market Disclaimer
Comparable Averages per
Comparative Market Analysis 1000 Sumner Court, Erie, Colorado 80516
Cody Smetzer 7202023941

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