Active Market Analysis_6777 W Mexico Place

at Keller Williams Integrity

Active

0.0%

Zillow

Property

Valley

School

School

ASSESSMENT

Assessment Year 2021

2019

Value Land $146,339 $133,327 $133,327

Value Improved $293,062 $271,014 $271,014

Value Total $439,401 $404,341 $404,341

Assessed Value Land $10,463 $9,533 $9,533

Value Improved $20,954 $19,378 $19,378

Value Total $31,417 $28,911 $28,911

Change

CHARACTERISTICS

$2,622

Bldg

FEATURES

Feature Type Size/Qty

Attached Garage

Wood Deck 330

Second Floor

Basement Total

First Floor

SELL SCORE

Rating High Value As Of 2022 10 02 04:33:28 Sell Score 630

LISTING INFORMATION

MLS Listing Id 7697917

MLS Current Price $625,000

MLS Days On Market 1 MLS Original List Price $625,000

MLS Source REcolorado

MLS Listing Contract Date 07/20/2021

MLS Status Expired MLS List Office Name KELLER WILLIAMS REALTY LLC MLS Status Change Date 07/19/2022

MLS List Agent Full Name 036552 Tirso Abarca

MLS Listing # 5017912 449598

MLS Source History REcolorado REcolorado

MLS Status Closed Closed

MLS Listing Price $379,999 $269,900

MLS Orig Listing Price $390,000 $287,500

MLS Listing Close Price $380,000 $264,900

MLS Listing Date 07/24/2017 04/29/2006

MLS Close Date 08/31/2017 09/28/2007

LAST MARKET SALE & SALES HISTORY

Sale Date 08/31/2017

Deed Type Warranty Deed Sale Price $380,000

Owner Name Cervantes Rosa M Morales

Price per SqFt Finished $233 42 Owner Name 2 Corona Roberto Venustiano Cast Document Number 90614 Seller Thorn Terri J

Sale Date 09/16/2020 08/31/2017 09/28/2007 07/13/2003 07/09/2003 Sale Price $380,000 $264,900 $132,915

Nominal Y Y

Buyer Cervantes Rosa M M Cervantes Rosa M M Thorn Terri J Rider Judith L Trans Western Mgmt G roup Inc

Buyer Corona Roberto Vc Reynolds Gregory A Seller Cervantes Rosa M M Thorn Terri J Rider Judith L Allen Christine A Public Trustee Of Jeffe rson Cnty

Document Number 123438 90614 111931 F1804904 F1803306

Document Type Quit Claim Deed Warranty Deed Warranty Deed Quit Claim Deed Public Trustees Deed Title Company Land Title Guarantee Town And Country Titl e

Sale Date 05/03/2003 07/28/1989 Sale Price $120,000 Nominal Y Y Buyer Allen Christine A Wmpl Trust Allen Robert E Buyer

Seller Allen Robert E Allen Robert & Christine Village Homes Ltd Document Number F1772579 F1744116 89065322

Document Type Quit Claim Deed Quit Claim Deed Warranty Deed Title Company

MORTGAGE HISTORY

Mortgage Date 11/03/2021 08/02/2021 09/01/2017 09/01/2017 10/12/2010

Mortgage Amount $12,806 $290,000 $373,117 $18,655 $205,262

Mortgage Lender Secretary/Hsng & Urba n Dev Capital Fndg Fairway Independent M tg Corp

Colorado Hsng & Fin A uth Wells Fargo Bk Na

Borrower Cervantes Rosa M M Cervantes Rosa M M Cervantes Rosa M M Cervantes Rosa M M Thorn Terri J

Borrower

Mortgage Type Fha Conventional Fha Conventional Conventional

Mortgage Purpose Refi Refi Resale Resale Refi

Mortgage Int Rate Type

Mortgage Term 25 30 30 30

Mortgage Term Years Years Years Years

Title Company Attorney Only Land Title Guarantee Custom Recording Sol utions

Mortgage Date 10/02/2007 09/26/2003 03/09/1999

Mortgage Amount $211,920 $190,000 $40,000

Mortgage Lender Wells Fargo Bk Na American Mtg Network Inc Midwest Mtg Fin LLC

Borrower Thorn Terri J Reynolds Gregory A Allen Robert E

Borrower Braning Pegi A Allen Christine A

Mortgage Type Conventional Conventional Conventional

Mortgage Purpose Resale Refi Refi

Mortgage Int Rate Type Fixed Rate Loan

Mortgage Term 30 30

Mortgage Term Years Years

Title Company Transnation Title Ins Co

FORECLOSURE HISTORY

Document Type Release Of Lis Pendens/Notic e

Notice Of Trustee's Sale

Notice Of Trustee's Sale Notice Of Trustee's Sale

Default Date 04/16/2003

Foreclosure Filing Date 04/17/2017

Recording Date 09/15/2017 04/27/2017 04/29/2003 04/29/2003

Document Number 94892 43912 F1737869 F1737864

Final Judgment Amount $184,270 $40,000 $117,623

Original Doc Date 04/27/2017 10/12/2010 03/09/1999 12/13/1994

Original Document Number 43912 90314 F0818999 191741

Map

$600,000

ACTIVE 9/23/22

Details

Prop Type: Single Family Residence County: Jefferson Subdivision: Lasley Full baths: 2 0

Features

Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Washer Association Yn: false Basement: Finished, Full Carport Spaces: 1 Construction Materials: Brick Cooling: Central Air Exterior Features: Private Yard

Fencing: Full

Kyle

Half baths: 1.0

Lot Size (sqft): 8,475

Garages: 2 List date: 9/23/22

Updated: Sep 23, 2022 8:14 AM

List Price: $600,000

Orig list price: $600,000 Taxes: $2,064

School District: Jefferson County R-1

High: Alameda Int'l Middle: Alameda Int'l Elementary: Lasley

Fireplace Features: Family Room

Fireplaces Total: 1

Flooring: Carpet, Tile, Wood

Heating: Forced Air Interior Features: Built-in Features, Granite Counters, Jet Action Tub

Laundry Features: In Unit Levels: One

Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Living Area Total: 2408

Lot Features: Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 2

Main Level Bedrooms: 3

Parking Total: 5

Patio And Porch: Covered, Front Porch, Patio

Roof: Composition

Security Features: Video Doorbell

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: SECTION 23 TOWNSHIP

04 RANGE 69

SUBDIVISIONCD 104600

SUBDIVISIONNAME

CALAHAN HOMES UNIT 1 BLOCK 007 LOT 0014

SIZE: 8475 TRACT VALUE: .195

Remarks

Tax Year: 2021

Vegetation: Grassed, Xeriscaping

Water Source: Public

Charming ranch home in the heart of Lakewood! This home has been well cared for and it shines with pride of ownership. Immediately upon entering, you'll find a living room/entry foyer, galley kitchen, and dining space. Through the kitchen is a large add-on family room centering around a wood fire place and built in beetle kill pine accent wall and shelving. Off to the right of the entrance is a half bath, three bedrooms, and around the corner is a 3/4 bath. The basement was recently updated with new carpet and paint. The basement boasts a fourth bedroom, full bathroom with jetted tub, built in storage cabinets, and a large living space. The exterior of the home is one of the best features! The front yard has been meticulously xeriscaped and the private back yard has been well maintained and manicured. On the east side of the home, make sure to check out the oversized two car garage with an expanded area for storage and built in work benches.

Kyle Gephart

Summary of Comparable Properties

A ACTIVE

W Iowa Avenue

3.00 2,408 $600,000 $249

2,408 $600,000 $249

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%

Market Value -10% -15%

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.

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.

Marketing Action Plan

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:

Sign and complete the Listing Agreement

First Week

Enter listing into the MLS system.

Put up "For Sale" yard sign.

Install lock box. (optional)

Schedule time to shoot property photos. Review showing procedure.

Prepare property flyer Syndicate listing to real estate websites.

Second Week

Invite brokers and agents to tour home. Begin agent to agent marketing efforts.

Review and update status.

Third Week

Hold Open House.

Ongoing activities

Show property to potential buyers.

Follow-up on Internet leads.

Monitor market conditions.

Monitor comparable properties for sale.

Monitor foreclosures and short sales in market.