339 Quebec St #3 Market Analysis

Page 1

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 $560,000 with the market action index hovering around 82. This is less than last month's market action index of 83. Inventory has increased to 342.

Real-Time Market Profile Median List Price

$560,000

Market Action Index

Median Price of New Listings

$445,000

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$463

Average Days on Market

47

Median Days on Market

14

Price Decreased

19%

Price Increased

2%

Relisted

4%

Inventory

342

Median Rent

$1,925

Market Action

82

inventory. 50

40

Buyer's Market

60

20

80

10

on

90

M

82

100

ay Tod th

Las t

0

Seller's Market

70

30

Strong Seller's Market The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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

2,409

0 - 4,500 sqft

2

3

17

13

12

42

$729,000

1,543

0 - 4,500 sqft

2

2

21

23

17

14

$449,499

957

0 - 4,500 sqft

2

2

39

40

30

7

$273,750

855

0 - 4,500 sqft

2

1

51

37

31

7

Wed Jun 01 2022

2 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Median List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $800K

$700K

$600K

$500K

$400K

$300K Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Segments

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $2.0M

$1.5M

$1.0M

$500K

$0 Jun 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Wed Jun 01 2022

Jun 2021

Oct 2021

Feb 2022

May 2022

Bottom 90-Day

3 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Price Per Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers can see more home for their money. $550

$500

$450

$400

$350

$300 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 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 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 2022

90-Day Average

Wed Jun 01 2022

4 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Market Action Index

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 120

100

80

60

40

20 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 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 Jun 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Wed Jun 01 2022

Jun 2021

Oct 2021

Feb 2022

May 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 65 days. Half of the listings have come newly on the market in the past 15 or so days. Watch the 90-day DOM trend for signals of a changing market. 100

80

60

40

20

0 Jun 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

May 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 Jun 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Wed Jun 01 2022

Jun 2021

Oct 2021

Feb 2022

May 2022

Bottom 90-Day

6 of 6


339 Quebec St #3, Denver, CO 80220-6247, Denver County APN: 6081-21-085

CLIP: 5408408174

MLS Beds 2

MLS Full Baths 2

Half Baths 1

MLS Sale Price $240,000

MLS Sq Ft 1,854

Lot Sq Ft 830

Yr Built 2009

Type TH/RH

MLS Sale Date 08/22/2011

OWNER INFORMATION

Owner Name

Hacker Douglas B

Mailing ZIP 4

6247

Mailing Address

339 Quebec St #3

Mailing Carrier Route

C023

Mailing City & State

Denver, CO

Owner Occupied

Yes

Mailing Zip

80220

LOCATION INFORMATION

Property Zip

80220

Topography

Flat/Level

Property Zip4

6247

Neighborhood Code

Lowry-0614

Property Carrier Route

C023

Neighborhood Name (OnBoard)

Lowry

School District

Denver County 1

Traffic

Graded

Elementary School

Lowry

Township

04S

Middle School

Hill

Range

67W

High School

George Washington

Section

08

Subdivision

Lowry Filing 10

Quarter

NE

Zoning

R-2-A

Block

2

Census Tract

43.06

Lot

2

PIN

6081-21-085

% Improved

95%

Schedule Number

0608121085000

Tax District

DENV

Legal Description

JAYDYN COURT AT MAYFAIR U-3 BLDG-4 LOWRY FLG NO 10 B2 PT L2 BEG INTERSECTION OF NLY E XT OF EAST LINE & N LINE OF SE/ 4 NE/4 S8 W 249.11FT S 39.42FT T POB S 18.00FT W 47.75F N

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$21,300

$21,300

$21,300

Market Value - Improved

$433,700

$403,000

$494,600

Market Value - Total

$455,000

$424,300

$515,900

Assessed Value - Land

$1,520

$1,520

$1,520

Assessed Value - Improved

$31,010

$28,820

$35,360

Assessed Value - Total

$32,530

$30,340

$36,880

YOY Assessed Change (%)

7.22%

-17.73%

YOY Assessed Change ($)

$2,190

-$6,540

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,660

2020

$2,251

-$409

-15.36%

2021

$2,427

$176

7.83%

CHARACTERISTICS

Lot Acres

0.0191

Bedrooms

2

Lot Sq Ft

830

Baths - Total

3

Land Use - County

Row House Misc

MLS Total Baths

3

Land Use - CoreLogic

Townhouse/Rowhouse

Baths - Full

2

Style

Row House

Baths - Half

1

Year Built

2009

Stories

3

Bldg Sq Ft - Above Ground

1,702

Fireplace

Y

Bldg Sq Ft - Total

1,702

Heat Type

Warm Air

Bldg Sq Ft - Finished

Tax: 1,702 MLS: 1,854

Patio Type

Wood Deck

Bldg Sq Ft - 1st Floor

36

Garage Type

Attached Garage

Bldg Sq Ft - 2nd Floor

833

Garage Sq Ft

586

# Buildings

1

Exterior

Glass

Total Rooms

4

Quality

Average

Property Details

Courtesy of Brendan Bartic, 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: 06/01/22 Page 1/2


FEATURES

Feature Type

Size/Qty

Att Garage-Msnry

586

Wd Deck

39

Wd Deck

39

LISTING INFORMATION

MLS Listing Id

1007962

MLS Close Price

$240,000

MLS Days On Market

47

MLS Listing Contract Date

06/15/2011

MLS Source

REcolorado

MLS Close Date

08/22/2011

MLS Status

Closed

MLS List Office Name

ONE REALTY, LLC

MLS Status Change Date

08/26/2011

MLS List Agent Full Name

043841-Lydia Lin

MLS Current Price

$250,000

MLS Buyer Agent Full Name

017519-Michelle Roberts

MLS Original List Price

$250,000

MLS Buyer Office Name

COLDWELL BANKER BARRY & A SSOC

Sale Date

08/22/2011

Deed Type

Warranty Deed

Sale Price

$240,000

Owner Name

Hacker Douglas B

Price per SqFt - Finished

$141.01

Seller

Horizon Group LLC

Document Number

93277

LAST MARKET SALE & SALES HISTORY

Sale Date

08/22/2011

Sale Price

$240,000

Buyer

Hacker Douglas B

Seller

Horizon Group LLC

Document Number

93277

Document Type

Warranty Deed

Title Company

First American Title Insurance

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Brendan Bartic, 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: 06/01/22 Page 2/2


Map of Property Locations

339 Quebec Street Unit #2, Denver, CO 80220 Listing Id: 2177963 Status: Closed 10/13/20 Price: $485,000 1 Subtype: MLF Ttl SqFt: 1,702 Bd/Bth: 2/3 Show #: 303-573-7469 329 Quebec Street Unit #3, Denver, CO 80220 Listing Id: 6249428 Status: Closed 02/18/21 Price: $497,500 3 Subtype: MLF Ttl SqFt: 1,698 Bd/Bth: 2/3 Show #: 303-573-7469

319 Quebec Street Unit #1, Denver, CO 80220 Listing Id: 3905605 Status: Closed 10/07/21 Price: $490,000 Subtype: MLF 2 Ttl SqFt: 1,326 Bd/Bth: 2/3 Show #: 3035737469 329 Quebec Street Unit #3, Denver, CO 80220 Listing Id: 9310256 Status: Closed 02/15/22 Price: $535,000 Subtype: MLF 4 Ttl SqFt: 1,698 Bd/Bth: 2/3 Show #: 303-573-7469


Broker 1 Page 339 Quebec Street Unit #2, Denver, CO 80220 (Status: Closed, Listing ID: 2177963) Close Price: $485,000 County: Denver List Price: $495,000 Property Type: Residential Original List Price: $495,000 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Townhouse Year Built: 2009 Subdivision Name: Lowry Field Listing Contract Date: 09/10/2020 Purchase Contract Date: 09/30/2020 Contingency: None Known Close Date (DIM): 10/13/2020 Days In MLS: 20 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $2,732.00 Tax Annual Amt: $2,188 Tax Year: 2019 Tax Legal Desc: JAYDYN COURT AT MAYFAIR U-2 BLDG-4 LOWRY FLG NO 10 B2 PT L2 BEG INTERSECTION OF NLY EXT OF EAST LINE & N DAF * Interior Area & SqFt Building Area Total (SqFt Total): 1,702 Living Area (SqFt Finished): 1,702 Above Grade Finished Area: 1,702 PSF Total: $285 PSF Finished: $285 PSF Above Grade: $285 Foundation: Fireplace: 1/Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Primary Suite, Open Floorplan, Tile Counters, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Tile, Wood Exclusions: All staging items. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $205.00 Monthly Assoc 2 Fee/Frequency: $68.00 QuarterlAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash, Water Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Size: 0.02 Acres / 830 SqFt Waterfront Feat: Lot Features: Landscaped, Near Public Transit, Sprinklers In Front Elementary School: Lowry / Denver 1 Bldg/Complex Name: Jadyn Court Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Entry Level/Loc: Exterior Access Common Walls: No One Above, No One Below, 2+ Common Walls Unit Count: 4 Direction Faces: West View: Mountain(s) Construction Materials: Brick, Stucco Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Westward views to delight in this hidden gem about 500 feet from Lowry Town Center! Celebrate the sunset from the balcony off the living room, relax in front of the fireplace, dine in style in the spacious dining room, grab a quick bite at the eating bar off the kitchen. Plenty of room to spread out with spacious rooms and high ceilings. Granite counters, stainless steel appliances in the large, e... Confidential Information Private Remarks: Don’t miss the 3-D tour and floor plans at 339QuebecUnit2.com. Jadyn Court is a hidden gem, and 339 is the best building for views; it overlooks large yards and treetops with mountains in the distance. Awe-inspiring sunset views! Staged and ready for you - show with confidence. Easy to show but please follow state and county health orders and CDC guidelines to stop the spread of COVID-19 (see Show Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Beth Sand List Office: LIV Sotheby's International Realty Email:

bsand@livsir.com

Buyer Agent: Olivia Monday Buyer Office: Berkshire Hathaway HomeServices IRE Englewood Email:

casastyle5280@gmail.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 720-353-2384 Mobile: 720-353-2384 Buyer Agent Phone: 720-308-6669 Mobile: 720-308-6669 Close Information

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

Generated on: 06/01/2022 1:40:03 PM


Full Property View - Client

339 Quebec Street Unit #2, Denver, CO 80220

----

$485,000 - Closed


319 Quebec Street Unit #1, Denver, CO 80220 (Status: Closed, Listing ID: 3905605) Close Price: $490,000 County: Denver List Price: $470,000 Property Type: Residential Original List Price: $470,000 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Townhouse Year Built: 2009 Subdivision Name: Lowry Listing Contract Date: 08/26/2021 Purchase Contract Date: 08/30/2021 Contingency: None Known Close Date (DIM): 10/07/2021 Days In MLS: 4 Association: Y Multiple: Y Cov/Rest: N Assoc Fee Tot Annl: $2,732.00 Tax Annual Amt: $2,029 Tax Year: 2019 Tax Legal Desc: JAYDYN COURT AT MAYFAIR U-1 BLDG-2LOWRY FLG NO 10 B2 PT L2 BEG INTERSECTION OF NLY EXT OF EAST LINE & N LINE OF SE/4 DAF * Interior Area & SqFt Building Area Total (SqFt Total): 1,326 Living Area (SqFt Finished): 1,326 Above Grade Finished Area: 1,326 PSF Total: $370 PSF Finished: $370 PSF Above Grade: $370 Foundation: Fireplace: 1/Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, High Speed Internet, Primary Suite, Open Floorplan, Pantry, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer Flooring: Carpet, Wood Exclusions: Washer/Dryer negotiable. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $205.00 Monthly Assoc 2 Fee/Frequency: $68.00 QuarterlAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Pets Allowed: Yes Rentals Allowed: Site & Location Information Lot Size: 0.02 Acres / 916 SqFt Waterfront Feat: Lot Features: Near Public Transit Elementary School: Lowry / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Entry Level/Loc: 1/Ground Common Walls: 1 Common Wall Unit Count: 6 Direction Faces: South View: Construction Materials: Brick, Stucco Roof: Composition Exterior Features: Balcony, Rain Gutters Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Welcome to this meticulously maintained and updated brick end-unit, within walking distance of all the amenities Lowry has to offer in a small, quiet townhome complex. Highlights include open floor plan with gorgeous hardwood floors, beautiful gourmet kitchen, spacious family room with gas fireplace and private outdoor patio sitting in the lush landscaped courtyard. Main floor has walk-in oversize... Confidential Information Private Remarks: Despite the address, the unit isn't on Quebec! Co-listing agents are related to the seller. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Michael Spector List Office: Your Castle Real Estate Inc Email: mspector@yourcastle.org Co List Agent: Josh Spector Co List Office: Your Castle Real Estate Inc Email:

josh.spector@yourcastle.com

Buyer Agent: Timothy Campbell Buyer Office: The Old Country Real Estate Group LLC Email: tim@oldcountryre.com Concessions: Buyer Closing Costs/Seller Points Paid, $200 Buyer Financing: Conventional

List Agent Phone: 303-594-6252 Mobile: 303-594-6252 Phone: 303-877-6717 Mobile: 303-877-6717 Buyer Agent Phone: 303-229-9172 Mobile: 303-229-9172 Close Information

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

Generated on: 06/01/2022 1:40:03 PM


319 Quebec Street Unit #1, Denver, CO 80220

----

$490,000 - Closed

Welcome to 319 Quebec St. Unit 1! This endunit townhome is walking distance from the Lowry Town Center.

Spacious living room with gas burning fireplace, flows directly onto the ground floor patio.

Hardwood floors run throughout the open concept main level.

Remodeled cabinets, and granite countertops. This lovely unit is move-in ready!

Dining nook sits comfortably near the bay window.

Large pantry next to the fridge provides lots of storage!

Main floor powder room with beautiful tile (not pictured)

Main floor patio off of the living room faces the peaceful, well maintained community courtyard.

Spacious master bedroom flows directly onto the upstairs deck.

(master bedroom) plenty of room for queen/king, night stands, dressers and more.

The master bedroom also features a large walk-in closet.

Serene deck on the upstairs level.


329 Quebec Street Unit #3, Denver, CO 80220 (Status: Closed, Listing ID: 6249428) Close Price: $497,500 County: Denver List Price: $479,900 Property Type: Residential Original List Price: $479,900 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Townhouse Year Built: 2009 Subdivision Name: Lowry Field Listing Contract Date: 01/20/2021 Purchase Contract Date: 01/23/2021 Contingency: None Known Close Date (DIM): 02/18/2021 Days In MLS: 3 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $2,732.00 Tax Annual Amt: $2,284 Tax Year: 2019 Tax Legal Desc: JAYDYN COURT AT MAYFAIR U-3 BLDG-3 LOWRY FLG NO 10 B2 PT L2 BEG INTERSECTION OF NLY EXT OF EAST LINE & N LINE OF DAF * Interior Area & SqFt Building Area Total (SqFt Total): 1,698 Living Area (SqFt Finished): 1,698 Above Grade Finished Area: 1,698 PSF Total: $293 PSF Finished: $293 PSF Above Grade: $293 Foundation: Fireplace: 1/Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Primary Suite, Open Floorplan, Smart Thermostat, Smoke Free, Walk-In Closet(s) Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Self Cleaning Oven, Washer Flooring: Carpet, Tile, Wood Exclusions: Staging items Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $205.00 Monthly Assoc 2 Fee/Frequency: $68.00 QuarterlAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: No Street Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Parking Site & Location Information Lot Size: 0.02 Acres / 830 SqFt Waterfront Feat: Elementary School: Lowry / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Entry Level/Loc: 1/Exterior Access Common Walls: No One Above, No One Below, 2+ Common Walls Direction Faces: East View: Construction Materials: Brick, Stucco Roof: Composition Exterior Features: Balcony Public Remarks Suburban living with easy access to Downtown! Although the address is Quebec, it is NOT on Quebec. This is a peaceful hideaway in a fabulous community, within walking distance from the Lowry Town Center! Fully renovated and updated, this open floor plan offers spacious living. The new kitchen combines sophistication with modern efficiencies including granite countertops, induction cooktop, convect... Confidential Information Private Remarks: Although the address is Quebec, it is NOT on Quebec-Easy to show! Showings start Friday, Jan 22 and runs through Sunday, Jan 24. All offers to be submitted by Sunday, Jan 24 at 8:00 pm and will be reviewed on Monday, Jan 25 with acceptance at 5:00pm. Seller reserves the right to accept an offer at any time. Very few homes available in the community - a rare find! All information deemed reliable Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Pam Bent List Office: RE/MAX Professionals Email:

Pam@PamBent.com

Buyer Agent: Alexander Chapman Buyer Office: Compass - Denver Email:

Alex.chapman@compass.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-981-8811 Mobile: 303-981-8811 Buyer Agent Phone: 720-609-8447 Mobile: 720-609-8447 Close Information

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

Generated on: 06/01/2022 1:40:04 PM


329 Quebec Street Unit #3, Denver, CO 80220

----

$497,500 - Closed


329 Quebec Street Unit #3, Denver, CO 80220 (Status: Closed, Listing ID: 9310256) Close Price: $535,000 County: Denver List Price: $515,000 Property Type: Residential Original List Price: $515,000 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Townhouse Year Built: 2009 Subdivision Name: Lowry Field Listing Contract Date: 01/20/2022 Purchase Contract Date: 01/24/2022 Contingency: None Known Close Date (DIM): 02/15/2022 Days In MLS: 4 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $2,732.00 Tax Annual Amt: $2,350 Tax Year: 2020 Tax Legal Desc: JAYDYN COURT AT MAYFAIR U-3 BLDG-3 LOWRY FLG NO 10 B2 PT L2 BEG INTERSECTION OF NLY EXT OF EAST LINE & N LINE OF SE/4 NE/4 S8 W 225.62FT S 57.42FT TPOB E 43.25FT S 06.58F E Interior Area & SqFt Building Area Total (SqFt Total): 1,698 Living Area (SqFt Finished): 1,698 Above Grade Finished Area: 1,698 PSF Total: $315 PSF Finished: $315 PSF Above Grade: $315 Foundation: Fireplace: 1/Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Primary Suite, Open Floorplan, Smart Thermostat, Smoke Free, Walk-In Closet(s) Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Self Cleaning Oven Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Sellers Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $205.00 Monthly Assoc 2 Fee/Frequency: $68.00 QuarterlAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: No Street Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Parking Site & Location Information Elementary School: Lowry / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Entry Level/Loc: 1/Exterior Access Common Walls: No One Above, No One Below, 2+ Common Walls Direction Faces: East View: Construction Materials: Brick, Stucco Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Located in a quiet, fabulous community, within walking distance from the Lowry Town Center. Fully renovated, open floor plan with plenty of main floor space. The new kitchen combines, granite countertops, induction cooktop, convection oven, and an eat-in kitchen bar. The living room is spacious with a gas fireplace. A balcony to step outside to the courtyard view. Upstairs has two ensuite bedroo... Confidential Information Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Alexander Chapman List Office: Compass - Denver Email: Alex.chapman@compass.com Co List Agent: Kris Caldwell Co List Office: Compass - Denver Email:

Kris@Compass.com

Buyer Agent: Lori Abbey Buyer Office: Compass - Denver Email:

lori@theabbeycollection.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 720-609-8447 Mobile: 720-609-8447 Phone: 720-987-0162 Mobile: 720-987-0162 Buyer Agent Phone: 720-840-4984 Mobile: 720-840-4984 Close Information

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

Generated on: 06/01/2022 1:40:04 PM


329 Quebec Street Unit #3, Denver, CO 80220

----

$535,000 - Closed


Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/01/2022 to 06/01/2020 Property Sub Type is one of 'Multi-Family', 'Townhouse' Latitude, Longitude is within 0.03 mi of 339 Quebec St, Denver, CO 80220, USA, is around 39.72, -104.91 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 94 Properties have been discarded.

Residential Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

2177963 339 Quebec ST #2

Denver

2

3

1,702

1,702

1,702

10/13/20

$285

$285

$285

3905605 319 Quebec ST #1

Denver

2

3

1,326

1,326

1,326

10/07/21

$370

$370

$370

6249428 329 Quebec ST #3

Denver

2

3

1,698

1,698

1,698

02/18/21

$293

$293

$293

9310256 329 Quebec ST #3

Denver

2

3

1,698

1,698

1,698

02/15/22

$315

$315

$315

Averages:

1,606

1,606

1,606

$316

$316

$316

Count: 4

Closed Price:

Report Totals

Presented By: Brendan Bartic Generated on: 06/01/2022

Count : 4

Averages:

High $535,000

SqFt Abv 1,606

SqFt Ttl 1,606

Low $485,000 Sqft Fin 1,606

PSF Abv $ 316

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

20

495,000

$495,000 $485,000

98%

4

470,000

$470,000 $490,000

104%

3

479,900

$479,900 $497,500

104%

4 8

515,000

$515,000 $535,000

104%

$489,975

$489,975 $501,875

102%

Orig Price $489,975

List Price Close Price $489,975 $501,875

CP/OLP 102 %

Median $493,750 PSF Ttl

$316

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

PSF Fin $316

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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