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
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$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
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$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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