Richard & Marta CMA

Page 1

at Keller Williams Integrity


Single-Family Homes

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

Centennial, CO

This week the median list price for Centennial, CO is $752,500 with the market action index hovering around 94. This is an increase over last month's market action index of 90. Inventory has increased to 52.

Real-Time Market Profile Median List Price

$752,500

Market Action Index

Median Price of New Listings

$726,500

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

Per Square Foot

$266

Average Days on Market

11

Median Days on Market

0

Price Decreased

15%

Price Increased

0%

Relisted

4%

Inventory

52

Median Rent

$2,903

Market Action

94

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

94

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

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

$975,000

3,601

0.25 - 0.5 acre

4

4

39

8

5

0

$800,000

2,826

8,000 - 10,000 sqft

4

3

42

6

4

7

$700,000

3,241

8,000 - 10,000 sqft

4

3

29

8

7

0

$590,000

1,792

6,500 - 8,000 sqft

3

3

37

8

6

0

Mon Apr 25 2022

2 of 6


Single-Family Homes

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

Centennial, 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. $900K

$800K

$700K

$600K

$500K May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Mon Apr 25 2022

May 2021

Sep 2021

Jan 2022

Bottom 90-Day

3 of 6


Single-Family Homes

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

Centennial, 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. $325 $300 $275 $250 $225 $200 $175 $150 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 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. 250

200

150

100

50

0 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

90-Day Average

Mon Apr 25 2022

4 of 6


Single-Family Homes

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

Centennial, CO

Market Action Index

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI. 120

100

80

60

40

20 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Mon Apr 25 2022

May 2021

Sep 2021

Jan 2022

Bottom 90-Day

5 of 6


Single-Family Homes

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

Centennial, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 11 days. Half of the listings have come newly on the market in the past 1 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 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. 125

100

75

50

25

0 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Mon Apr 25 2022

May 2021

Sep 2021

Jan 2022

Bottom 90-Day

6 of 6


5943 S Olive Cir, Centennial, CO 80111-7001, Arapahoe County APN: 2075-20-1-26-002

CLIP: 8730097974

MLS Beds 4

MLS Baths 5

MLS Sale Price $1,290,000

MLS Sale Date 12/18/2020

MLS Sq Ft 5,333

Lot Sq Ft 6,098

Yr Built 2016

Type SFR

OWNER INFORMATION

Owner Name

Leitao Richard M

Mailing ZIP 4

7001

Mailing Address

5943 S Olive Cir

Mailing Carrier Route

C036

Mailing City & State

Centennial, CO

Owner Occupied

Yes

Mailing Zip

80111

LOCATION INFORMATION

Property Zip

80111

Census Tract

67.11

Property Zip4

7001

Township

05S

Property Carrier Route

C036

Range

67W

School District

Cherry Creek 5

Section

20

Elementary School

Greenwood

Quarter

NE

Middle School

West

Block

4

High School

Cherry Creek

Lot

2

Subdivision

Verona Estates 1st Flg

TAX INFORMATION

PIN

2075-20-1-26-002

% Improved

76%

Alternate PIN

034961321

Tax District

1729

Schedule Number

207520126002

Legal Description

LOT 2 BLK 4 VERONA ESTATES 1 ST FLG

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$300,000

$370,000

$370,000

Market Value - Improved

$963,900

$851,500

$851,500

Market Value - Total

$1,263,900

$1,221,500

$1,221,500

Assessed Value - Land

$21,450

$26,455

$26,455

Assessed Value - Improved

$68,919

$60,882

$60,882

Assessed Value - Total

$90,369

$87,337

$87,337

YOY Assessed Change (%)

3.47%

0%

YOY Assessed Change ($)

$3,032

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$16,611

2020

$16,164

-$447

-2.69%

2021

$16,639

$476

2.94%

CHARACTERISTICS

Lot Acres

0.14

Bedrooms

Tax: 2 MLS: 4

Lot Sq Ft

6,098

Baths - Total

5

Land Use - County

Single Family Resid

MLS Total Baths

5

Land Use - CoreLogic

SFR

Baths - Full

Tax: 5 MLS: 2

Building Type

Single Family

Baths - Half

MLS: 2

Style

Ranch

Stories

1

Year Built

2016

Cooling Type

Central

Bldg Sq Ft - Above Ground

2,756

Heat Type

Forced Air

Bldg Sq Ft - Basement

2,642

Patio Type

Deck

Bldg Sq Ft - Finished Basement

2,577

Garage Type

Attached Garage

Bldg Sq Ft - Unfinished Basement

65

Garage Capacity

MLS: 3

Bldg Sq Ft - Finished

5,333

Garage Sq Ft

244

Bldg Sq Ft - 1st Floor

2,756

Roof Material

Concrete Tile

Basement Type

Tax: Partial Finished MLS: Slab, St ructural

Exterior

Stucco

# Buildings

1

Quality

Excellent

Property Details

Courtesy of Michael Jenkins, 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: 04/25/22 Page 1/3


FEATURES

Feature Type

Size/Qty

First Floor

2,756

Basement Total

2,642

Basement Finish

2,577

Attached Garage

244

Attached Garage

484

Covered Porch

180

Covered Porch

54

Deck

180

SELL SCORE

Rating

Low

Sell Score

454

Value As Of

2022-04-24 04:15:30

ESTIMATED VALUE

RealAVM™

$1,263,100

Confidence Score

75

RealAVM™ Range

$1,174,683 - $1,351,517

Forecast Standard Deviation

7

Value As Of

04/16/2022

(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

7819571

MLS Close Price

$1,290,000

MLS Days On Market

145

MLS Listing Contract Date

06/25/2020

MLS Source

REcolorado

MLS Close Date

12/18/2020

MLS Status

Closed

MLS List Office Name

LISTINGS.COM

MLS Status Change Date

12/18/2020

MLS List Agent Full Name

025724-Jayson Holland

MLS Current Price

$1,350,000

MLS Buyer Agent Full Name

056336-Courtney Murphy

MLS Original List Price

$1,350,000

MLS Buyer Office Name

REALTY ONE GROUP PREMIER

MLS Listing #

7415703

7463337

4617516

MLS Source History

REcolorado

REcolorado

REcolorado

MLS Status

Expired

Expired

Closed

MLS Listing Price

$1,250,000

$1,345,000

$990,950

MLS Orig Listing Price

$1,340,000

$1,395,000

$1,040,109

06/21/2018

01/12/2018

12/20/2018

06/09/2018

MLS Listing Close Price

$995,880

MLS Listing Date

09/29/2015

MLS Close Date

04/14/2016

MLS Listing Expiration Date LAST MARKET SALE & SALES HISTORY

Sale Date

12/18/2020

Deed Type

Warranty Deed

Sale Price

$1,280,000

Owner Name

Leitao Richard M

Price per SqFt - Finished

$240.02

Seller

Strother Christopher D & Michelle

Document Number

E0179936

Sale Date

12/18/2020

04/14/2016

Sale Price

$1,280,000

$995,880

Nominal

07/07/2015

05/07/2013

Y

Y

Century At Marvella LLC

Ccc Holdings LLC

Buyer

Leitao Richard M

Strother Christopher D & Mi chelle

Buyer

Paris Marta G

Strother Michelle

Seller

Strother Christopher D & Mi chelle

Century At Marvella LLC

Ccc Holdings LLC

High Pointe Inc

Document Number

E0179936

D6047332

D5073789

D3061377

Document Type

Warranty Deed

Special Warranty Deed

Bargain & Sale Deed

Bargain & Sale Deed

Title Company

Heritage Title Co.

First American Title Multi

Multi

Multi/Split Sale Type MORTGAGE HISTORY

Mortgage Date

Property Details

12/22/2020

09/17/2020

05/08/2019

01/03/2017

Courtesy of Michael Jenkins, 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.

06/16/2016

Generated on: 04/25/22 Page 2/3


Mortgage Amount

$900,000

$200,000

$200,000

$795,000

$417,000

Mortgage Lender

Fundloans Cap

Alliant Cu

Alliant Cu

Alliant Cu

Provident Fndg Assocs Lp

Borrower

Leitao Richard M

Strother Christopher O

Strother Christopher D

Strother Christopher D

Sayers Troy E

Borrower

Paris Marta G

Strother Michelle

Strother Mighelle

Strother Michelle

Sayers Tahlia J N

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Resale

Refi

Refi

Refi

Refi

Mortgage Int Rate

2.75

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Adjustable Int Rate Loa n

Mortgage Term

30

15

15

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

First American

First American

Land Title Corp

Mortgage Date

05/31/2016

05/06/2016

Mortgage Amount

$796,704

$796,704

Mortgage Lender

Rpm Mtg

Rpm Mtg

Borrower

Strother Christopher D

Strother Christopher D

Borrower

Strother Michelle L

Strother Michelle

Mortgage Type

Conventional

Conventional

Mortgage Purpose

Refi

1st Time Sale

Mortgage Term

30

30

Mortgage Term

Years

Years

Mortgage Int Rate Mortgage Int Rate Type

Title Company PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Michael Jenkins, 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: 04/25/22 Page 3/3


Map of Property Locations

58 Sommerset Circle, Greenwood Village, CO 80111 Listing Id: 6288662 Status: Pending 03/31/22 Price: $1,950,000 1 Subtype: SFR Ttl SqFt: 4,227 Bd/Bth: 4/5 Show #: 303-573-7469 17 Sommerset Circle, Greenwood Village, CO 80111 Listing Id: 4680776 Status: Closed 12/10/21 Price: $1,855,000 3 Subtype: SFR Ttl SqFt: 4,330 Bd/Bth: 4/5 Show #: 800-746-9464 7032 E Lake Drive, Centennial, CO Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:

80111 8885022 Closed 11/12/21 $1,425,000 SFR 4,648 5/4 303-573-7469

6378 S Oneida Court, Centennial, CO 80111 Listing Id: 9003739 Status: Pending 04/04/22 Price: $875,000 Subtype: SFR 2 Ttl SqFt: 2,989 Bd/Bth: 4/4 Show #: 45 Windsor Way, Greenwood Village, CO 80111 Listing Id: 1684578 Status: Closed 11/16/21 Price: $1,850,000 Subtype: SFR 4 Ttl SqFt: 4,307 Bd/Bth: 4/4 Show #: 303-574-7469


Broker 1 Page 58 Sommerset Circle, Greenwood Village, CO 80111 (Status: Pending, Listing ID: 6288662) County: Arapahoe List Price: $1,950,000 Property Type: Residential Original List Price: $1,950,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2016 Subdivision Name: One Cherry Lane Listing Contract Date: 03/29/2022 Purchase Contract Date: 03/31/2022 Contingency: None Known Accepting Backups: No Days In MLS: 2 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $8,000.00 Tax Annual Amt: $12,763 Tax Year: 2020 Tax Legal Desc: LOT 58 ONE CHERRY LANE SUBDIVISION CERTIFIED SURVEY MAP (ADMINISTRATIVE REPLAT) EX M/R'S Interior Area & SqFt Building Area Total (SqFt Total): 4,227 Living Area (SqFt Finished): 3,825 Above Grade Finished Area: 2,510 Below Grade Total Area: 1,717 Below Grade Finished Area: 1,315 Below Grade Unfinished Area: 402 PSF Total: $461 PSF Finished: $510 PSF Above Grade: $777 Basement: Finished Bsmnt Ceiling Ht: 9' Foundation: Concrete Perimeter, Structural Fireplace: 1/Gas, Gas Log, Great Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Open Floorplan, Quartz Counters, Utility Sink, Wired for Data Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Range Hood, Refrigerator, Self Cleaning Oven, Sump Pump, Tankless Water Heater, Washer Flooring: Carpet, Tile, Wood Exclusions: Seller's personal property, 2 sconses in dining room, pendant light in downstairs bedroom, pots and plants on front porch and pots and plants on back patio. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 5 Baths Full: 2 Baths Three Quarter: 2 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $2,000.00 QuarteAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Gated, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Size: 0.22 Acres / 9,516 SqFt Waterfront Feat: Lot Features: Landscaped Elementary School: Belleview / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Campus / Cherry Creek 5 High School: Cherry Creek / Cherry Creek 5 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Brick, Frame, Stucco Roof: Concrete Exterior Features: Garden, Gas Grill, Lighting Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Stunning ranch style home in lovely gated One Cherry Lane! This beautiful designer decorated home features a thoughtful open floor plan with walls of windows, soaring ceilings. Lovely hardwood floors, custom plantation shutters and window treatments throughout. Great room with fireplace, built-ins, includes TV and sliding doors to open to the patio. The gourmet kitchen features stainless steel... Confidential Information Private Remarks: No sign in yard. Buyer to verify all information. Showings start March 30. Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Guarantee Possession: Contract Min Earnest: $100,000 Listing Terms: Cash, Conventional, Jumbo Title Company: Land Title Guarantee - Melea Fox Ownership: Individual Showing Information Showing Service: Showing Contact Phone:

BrokerBay 303-573-7469

No Showings Until: 03/30/22 List Agent Phone: 303-522-0606 Mobile: 303-522-0606

List Agent: Janine Smith List Office: HomeSmart Email:

Show Email:

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

Generated on: 04/25/2022 10:48:44 AM


Full Property View - Client

58 Sommerset Circle, Greenwood Village, CO 80111

----

$1,950,000 - Pending


6378 S Oneida Court, Centennial, CO 80111 (Status: Pending, Listing ID: 9003739) County: Arapahoe List Price: $875,000 Property Type: Residential Original List Price: $875,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1974 Subdivision Name: Heritage Place Listing Contract Date: 03/31/2022 Purchase Contract Date: 04/04/2022 Contingency: None Known Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $378.00 Tax Annual Amt: $3,377 Tax Year: 2020 Tax Legal Desc: LOT 11 BLK 7 HERITAGE PLACE 4TH FLG Interior Area & SqFt Building Area Total (SqFt Total): 2,989 Living Area (SqFt Finished): 2,989 Above Grade Finished Area: 2,206 Below Grade Total Area: 783 Below Grade Finished Area: 783 Below Grade Unfinished Area: 0 PSF Total: $293 PSF Finished: $293 PSF Above Grade: $397 Basement: Finished, Partial Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Family Room, Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Certified Furnace & A/C Interior Features: Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Solid Surface Counters, Walk-In Closet(s) Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Sellers Personal Property Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $378.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Maintenance Grounds Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Yes Rentals Allowed: Long Term Site & Location Information Lot Size: 0.22 Acres / 9,496 SqFt Waterfront Feat: Lot Features: Cul-De-Sac, Landscaped, Level, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Elementary School: Heritage / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: West / Cherry Creek 5 High School: Cherry Creek / Cherry Creek 5 Building & Water Information Architectural Style: Traditional Direction Faces: West View: Construction Materials: Brick, Frame, Wood Siding Roof: Composition Exterior Features: Garden, Gas Grill, Gas Valve, Lighting, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Come discover the hidden gem of Heritage Place neighborhood in the City of Centennial that is just minutes or maybe a bike ride or walk commute to offices in DTC. Walk to concerts at Fiddlers Green and hit up Grange Hall or Pindustry before or after or both! The Light Rail Station is just beyond that and makes for easy access to Downtown for Broncos, Rockies, Nuggs & Avs and DCPA. And just a qu... Confidential Information Private Remarks: Seller is a licensed Colorado Real Estate Broker. Please see supplements for some major system info. There is a remote for the 2-sided gas fireplace, but the best control is a downloadable phone app. There is a working gas line in the backyard (south side, grey line). Control valve is at the base of the house between the 2 big exterior doors. Showings Start FRI 1 April. 45-60 Day Post Occupa Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Company Possession: Close Plus 30 to 60 Days Contract Min Earnest: $15,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Company Ownership: Individual Showing Information Showing Contact Phone:

Show Email:

List Agent: Jon R Roberts List Office: BANYAN REAL ESTATE LLC Email:

No Showings Until: 04/01/22 List Agent Phone: 303-520-4034 Mobile: 303-520-4034

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

Generated on: 04/25/2022 10:48:44 AM


6378 S Oneida Court, Centennial, CO 80111

----

$875,000 - Pending

Open living floorplan with 2 sided gas fireplace controlled with a phone app

bi-fold door connecting the indoor-outdoor space

family room on the main floor on the other side of the 2-sided fireplace. Great flex space for a home gym, kids playroom, family room or whatever use you might have for it.

main floor half bathroom family room on the main floor on the other side of the 2-sided fireplace. Great flex space for a home gym, kids playroom, family room or whatever use you might have for it.

'mudroom' off the family room next to main floor half bath. Door is to the attached garage.


17 Sommerset Circle, Greenwood Village, CO 80111 (Status: Closed, Listing ID: 4680776) Close Price: $1,855,000 County: Arapahoe List Price: $1,845,000 Property Type: Residential Original List Price: $1,845,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2017 Subdivision Name: One Cherry Lane Listing Contract Date: 11/08/2021 Purchase Contract Date: 11/19/2021 Contingency: None Known Close Date (DIM): 12/10/2021 Days In MLS: 11 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $8,000.00 Tax Annual Amt: $13,620 Tax Year: 2020 Tax Legal Desc: LOT 17 ONE CHERRY LANE SUBDIVISION CERTIFIED SURVEY MAP (ADMINISTRATIVE REPLAT) EX M/R'S Interior Area & SqFt Building Area Total (SqFt Total): 4,330 Living Area (SqFt Finished): 3,941 Above Grade Finished Area: 2,507 Below Grade Total Area: 1,823 Below Grade Finished Area: 1,434 Below Grade Unfinished Area: 389 PSF Total: $428 PSF Finished: $471 PSF Above Grade: $740 Basement: Finished, Full Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Family Room, Gas Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range Hood, Refrigerator, Washer Flooring: Carpet, Tile, Wood Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 5 Baths Full: 2 Baths Three Quarter: 2 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $2,000.00 QuarteAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Gated, Pool, Security Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.22 Acres / 9,670 SqFt Waterfront Feat: Elementary School: Belleview / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Campus / Cherry Creek 5 High School: Cherry Creek / Cherry Creek 5 Building & Water Information Architectural Style: Traditional Construction Materials: Brick, Frame, Stucco Roof: Concrete Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Located in the heart of Greenwood Village, One Cherry Lane is a gated community with lovely maintained grounds, and amenities. This beautiful home features a spacious, floor plan with walls of windows, dramatic high ceilings and is complete with a gourmet kitchen, hardwood floors, a family room with fireplace and a large main floor master suite that includes a sitting area, spa-like 5-piece bathro... Confidential Information Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Linda Behr List Office: LIV Sotheby's International Realty Email:

linda@thebehrteam.com

Buyer Agent: Josh Behr Buyer Office: LIV Sotheby's International Realty Email:

team@thebehrteam.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 720-275-7726 Mobile: 720-275-7726 Buyer Agent Phone: 303-903-9535 Mobile: 303-903-9535 Close Information

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

Generated on: 04/25/2022 10:48:44 AM


17 Sommerset Circle, Greenwood Village, CO 80111

----

$1,855,000 - Closed


45 Windsor Way, Greenwood Village, CO 80111 (Status: Closed, Listing ID: 1684578) Close Price: $1,850,000 County: Arapahoe List Price: $1,850,000 Property Type: Residential Original List Price: $1,850,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 2019 Subdivision Name: One Cherry Lane Listing Contract Date: 10/07/2021 Purchase Contract Date: 10/08/2021 Contingency: None Known Close Date (DIM): 11/16/2021 Days In MLS: 1 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $8,000.00 Tax Annual Amt: $12,042 Tax Year: 2020 Tax Legal Desc: LOT 45 ONE CHERRY LANE SUBDIVISION CERTIFIED SURVEY MAP (ADMINISTRATIVE REPLAT) EX M/R'S Interior Area & SqFt Building Area Total (SqFt Total): 4,307 Living Area (SqFt Finished): 4,250 Above Grade Finished Area: 2,590 Below Grade Total Area: 1,717 Below Grade Finished Area: 1,660 Below Grade Unfinished Area: 57 PSF Total: $430 PSF Finished: $435 PSF Above Grade: $714 Basement: Crawl Space, Finished, Partial, Sump Bsmnt Ceiling Ht: Pump Foundation: Structural Fireplace: 1/Great Room Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan, Quartz Counters, Smart Window Coverings, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data Appliances: Cooktop, Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator, Self Cleaning Oven, Wine Cooler Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Staging items Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 1 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $2,000.00 QuarteAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Gated, Pool, Security Senior Community: No Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Size: 0.19 Acres / 8,467 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear Horse: No Ski Features: Elementary School: Belleview / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Campus / Cherry Creek 5 High School: Cherry Creek / Cherry Creek 5 Building & Water Information Architectural Style: Chalet, Traditional Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: Northeast View: Construction Materials: Adobe, Brick Roof: Concrete Exterior Features: Lighting, Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Located in the heart of Greenwood Village, One Cherry Lane is a gated community with lovely maintained grounds and a swimming pool and cabana for the community. This home boasts a completely new remodeled basement that is just completed. The current owner purchased the home NEW, then over this year completely upgraded the entire property: custom floor-to-ceiling fireplace with mantels and entertai... Confidential Information Private Remarks: The listing agent will meet you at the property. This property was purchased, and the owner never fully resided in the property as they were upgrading the entire home and then needed to move! Buyer/Selling agent to verify square footage. Special Warranty Deed. Taxes are assessed on land. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Marilyn Kal-Hagan List Office: Compass - Denver Email: marilyn.kalhagan@compass.com Co List Agent: Laura Seitz Co List Office: Compass - Denver Email:

laura.seitz@compass.com

List Agent Phone: 303-587-6720 Mobile: 303-587-6720 Phone: 303-906-8455 Mobile: 303-906-8455 Buyer Agent

Buyer Agent: Susie Dews

Phone: 303-521-9009

Buyer Office: Compass - Denver

Mobile: 303-521-9009

Email:

susie@susiedews.com

Concessions: No Buyer Financing: Cash

Close Information

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

Generated on: 04/25/2022 10:48:44 AM


45 Windsor Way, Greenwood Village, CO 80111

----

$1,850,000 - Closed


7032 E Lake Drive Lot 5, Centennial, CO 80111 (Status: Closed, Listing ID: 8885022) Close Price: $1,425,000 County: Arapahoe List Price: $1,500,000 Property Type: Residential Original List Price: $1,500,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2018 Subdivision Name: Marvella Listing Contract Date: 09/22/2021 Purchase Contract Date: 10/01/2021 Contingency: None Known Close Date (DIM): 11/12/2021 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $13,533 Tax Year: 2020 Tax Legal Desc: LOT 5 BLK 3 VERONA ESTATES 1ST FLG Interior Area & SqFt 4,648 Living Area (SqFt Finished): 4,648 Above Grade Finished Area: 3,221 1,427 Below Grade Finished Area: 1,427 Below Grade Unfinished Area: 0 $307 PSF Finished: $307 PSF Above Grade: $442 Bsmnt Ceiling Ht: Fireplace: 1/Living Room

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Finished Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Five Piece Bath, High Ceilings, Kitchen Island, Primary Suite, Open Floorplan Appliances: Cooktop, Double Oven, Dryer, Range Hood, Refrigerator, Washer Flooring: Tile, Vinyl, Wood Exclusions: Seller's personal property Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 4 Baths Full: 3 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 5 Garage Spaces: 3 Offstreet Spaces: 2 Association Information $0.00 Included Assoc 1 Fee/Frequency: Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: in Property Tax Assoc Fee Incl: Maintenance Grounds, Recycling, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.14 Acres / 6,000 SqFt Waterfront Feat: Elementary School: Greenwood / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: West / Cherry Creek 5 High School: Cherry Creek / Cherry Creek 5 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Frame, Stone, Stucco Roof: Concrete, Spanish Tile Exterior Features: Balcony, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Custom home in the Marvella neighborhood. Better than new construction. Barn wood gray and black faux hardwood floors with no carpet. 60" fireplace. Viking 48-in gas 6 burner cooktop with griddle and Viking double built-in ovens. Professional grade built-in KitchenAid refrigerator. Mocha 8x8 beams in the dining room and master. Plantation shutters for the front of the house and side of the house a... Confidential Information Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Christopher Gibson List Office: Keller Williams Integrity Real Estate LLC Email:

C@ChrisRayGibson.com

Buyer Agent: Kirill Merkulov Buyer Office: PEOPLE'S REAL ESTATE SERVICE Email: kirill.merkulov@peoplesres.com Concessions: No Buyer Financing: Private

List Agent Phone: 720-449-6622 Mobile: 720-449-6622 Buyer Agent Phone: 720-432-0533 Mobile: 303-521-0533 Close Information

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

Generated on: 04/25/2022 10:48:44 AM


7032 E Lake Drive, Centennial, CO 80111

----

$1,425,000 - Closed


Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/25/2022 to 10/27/2021 Property Sub Type is 'Single

Family Residence' Latitude, Longitude is within 1.00 mi of 5943 S Olive Cir, Centennial, CO 80111, USA Beds Total is 4+ Baths Total Integer is 4+ Building Area Total is 2200+ Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no

Residential Pending Properties Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

Centennial

4

4

2,206

2,989

2,989

04/04/22

$397

$293

$293

4

875,000

$875,000

Greenwood Village Count: 2

4

5

2,510

4,227

3,825

03/31/22

$777

$461

$510

2

1,950,000

$1,950,000

Averages:

2,358

3,608

3,407

$587

$377

$401

3 $1,412,500

$1,412,500

Listing ID Address

City

9003739 6378 S Oneida CT 6288662 58 Sommerset CIR

High $1,950,000

List Price:

Low $875,000

PSF Fin DIM Orig Price

List Price

Median $1,412,500

Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

8885022 7032 E Lake DR

Centennial

5

4

3,221

4,648

4,648

11/12/21

$442

$307

$307

1684578 45 Windsor WAY

Greenwood Village Greenwood Village Count: 3

4

4

2,590

4,307

4,250

11/16/21

$714

$430

4

5

2,507

4,330

3,941

12/10/21

$740

Averages:

2,773

4,428

4,280

$632

4680776 17 Sommerset CIR

Closed Price:

Report Totals

Presented By: Michael Jenkins Generated on: 04/25/2022

Count : 5

Averages:

High $1,855,000

SqFt Abv 2,607

SqFt Ttl 4,100

Sqft Fin 3,931

List Price Close Price

CP/OLP

5

1,500,000

$1,500,000 $1,425,000

95%

$435

1

1,850,000

$1,850,000 $1,850,000

100%

$428

$471

11

1,845,000

$1,845,000 $1,855,000

101%

$388

$404

6 $1,731,667

$1,731,667 $1,710,000

99%

List Price Close Price $1,604,000 $1,710,000

CP/OLP 99 %

Low $1,425,000 PSF Abv $ 614

PSF Fin DIM Orig Price

Median $1,850,000 PSF Ttl

$384

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

PSF Fin $403

Orig Price $1,604,000

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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