Kali Amorin Market Analysis

at Keller Williams Integrity

Comparative Market Analysis

Kali Amorin

Rachel Schoonover Keller Williams Integrity

Highlands Ranch, CO

This week the median list price for

Ranch,

is $735,000 with the market action index hovering around

is an increase over last month's market action index of

Inventory has decreased to

answers

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau.

are currently in a Seller ’s market so prices will likely resume their climb should this trend persist

Marke t Segme n ts

Re al-Time Marke t Profile

Median

Strong Seller's Market

Single-Family Homes Highlands Ranch, CO

Me d ian 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.

7-Day Average 90-Day Average

Segme n ts

Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels.

Single-Family Homes Highlands Ranch, CO

Price Pe r Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

7-Day Average 90-Day Average

I n ve n tory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

7-Day Average 90-Day Average

Single-Family Homes Highlands Ranch, CO

Marke t Act ion I n d e x

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller ’s market so prices will likely resume their climb should this trend persist.

7-Day Average 90-Day Average

Marke t Act ion Segme n ts

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.

Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day

Single-Family Homes Highlands Ranch, CO

Me d ian Days on Marke t (DO M)

The properties have been on the market for an average of 39 days. Half of the listings have come newly on the market in the past 30 or so days. Watch the 90-day DOM trend for signals of a changing market.

7-Day Average 90-Day Average

Segme n ts

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day

&

$360,810

$448,319

$25,800

$32,060

As Of 2022 10 16 04:33:36

LISTING INFORMATION

Listing Id 7145764 MLS Current Price $675,000

Days On Market 110 MLS Original List Price $725,000

Source REcolorado MLS Listing Contract Date 06/29/2022 MLS Status Expired MLS List Office Name LIV SOTHEBY'S INTERNATIONAL REALTY

Status Change Date 10/18/2022 MLS List Agent Full Name 322513 Jo Nestor

LAST MARKET SALE & SALES HISTORY

Sale Date 04/30/2004

Deed Type Warranty Deed Sale Price $260,000 Owner Name Russo Donna Price per SqFt Finished $90 15 Owner Name 2 Russo Anthony C Document Number 57797 Seller Aman Matthew T

Sale Date 02/21/2006 04/30/2004 05/24/2001 03/11/1994 09/03/1991 Sale Price $260,000 $241,900 $166,950 $130,000 Nominal Y

Buyer Russo Anthony C & Do nna Russo Donna Aman Matthew T Pals Dennis M & Joan M Thebeau Dennis Josep h

Buyer Russo Donna Pals Joan M Seller Russo Donna Aman Matthew T Pals Dennis M & Joan M Thebeau Dennis J & Ch ristina Leute Alan Donald & Le ute M J Document Number 15188 57797 2053 1243 1186 357 993 863

Document Type Quit Claim Deed Warranty Deed Warranty Deed Warranty Deed Warranty Deed Title Company Stewart Title Stewart Title Land Title Corp Land Title Insurance C o

Sale Date 06/10/1988 Sale Price $125,000

Buyer Leute Alan D Buyer

Richmond Homes Ltd Document Number 797 913 Document Type Warranty Deed Title Company

MORTGAGE HISTORY

Mortgage Date 07/15/2005 07/15/2005 06/04/2004 06/04/2004 06/04/2001 Mortgage Amount $31,250 $250,000 $208,000 $52,000

Rachel Schoonover,

Pals Dennis M

Pals Joan M

Mortgage Type

Thebeau Dennis Joseph

Mortgage Purpose Resale Resale

Mortgage Int Rate

Mortgage Int Rate Type

Mortgage Term

Mortgage Term

Title Company

FORECLOSURE HISTORY

Document Type Release Of Lis Pendens/ Notice Notice Of Sale

Alan D

Time Sale

Notice Of Trustee's Sale Lis Pendens Release Of Lis Pendens/ Notice

Foreclosure Filing Date 04/10/2018 08/25/2015

Recording Date 02/13/2020 06/11/2018 04/24/2018 09/25/2015 12/30/2008

Document Number 10653 24179 69676 87108

Final Judgment Amount $35,829 $35,830

Original Doc Date 04/24/2018 07/15/2005 07/15/2005 02/22/2008

Original Document Num ber 24179 64654 64654 12652

Original Book Page 64654

Lien Type Lien (Hoa)

Document Type Notice Of Trustee's Sale

Foreclosure Filing Date 02/15/2008

Recording Date 02/22/2008

Document Number 12652

Final Judgment Amount $264,188

Original Doc Date 07/15/2005

Original Document Number 64653

Original Book Page

Lien Type

PROPERTY MAP

Online Valuation Analysis

1.7% $14,484

Zestimates varied up to 1.7% or $14,484 compared to actual MLS prices.

A

ADDRESS

PRICE

ZESTIMATE DIFFERENCE

6468 Silver Mesa Drive E $515,000 $509,900 1 0%

Trailhead Road $545,000 $544,600 -0.1%

Laguna Circle $630,000 $630,001 00%

Princeton Circle $840,000 $825,516 1 7%

P

PRICE

ZESTIMATE DIFFERENCE

Nassau Court $600,000 $594,900 -0 9%

Sugarstone Circle $640,000 $640,000 00%

ADDRESS

Silver Mesa Drive C

Silver Mesa Drive B

Maribou Court

Monterey Place

Rachel Schoonover

ZESTIMATE DIFFERENCE

$500,000 $502,400 0.5%

$506,500 $508,700 04%

$570,000 $569,600 -01%

$617,500 $618,000 0.1%

Map

Features

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer Association Amenities: Clubhouse, Fitness Center, Front Desk, Gated, Golf Course, Park, Parking, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trail(s)

Association Fee 2: 73 Association Fee 2 Frequency: Annually Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water

Association Name: Silver Mesa HOA; Westwind Mgmt

Association Name 2: Highlands Ranch HOA Association Phone: 3033691800

Association Phone 2: 3034718815

Association Yn: true

Basement: Partial, Unfinished

Below Grade Unfinished Area: 354.0

Building Area Source: Public Records Building Name: PALOMINO PARK CONDOS

Common Walls: 2+ Common Walls

Construction Materials: Brick, Frame, Wood Siding

Cooling: Central Air

Fireplace Features: Gas, Living Room

Fireplaces Total: 1

Flooring: Carpet, Linoleum, Tile, Wood

Foundation Details: Concrete Perimeter

Furnished: Unfurnished Heating: Forced Air

Interior Features: Ceiling Fan(s), Corian Counters, Eat-in Kitchen, Five Piece Bath, High Ceilings, High Speed Internet, Pantry, Primary Suite, Walk-In Closet(s)

Laundry Features: In Unit Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1495

Main Level Bathrooms: 1

Main Level Bedrooms: 1

Parking Features: Concrete, Finished, Insulated, Storage Parking Total: 2

Patio And Porch: Front Porch, Patio

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer Structure Type: Townhouse

Tax Legal Description: UNIT E BLDG 6468 SILVER MESA AT PALOMINO PARK CONDOS

Tax Year: 2021

Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected

Virtual Tour: View

Water Source: Public Zoning: PDU

Williams Integrity

9126639739

Rachel Schoonover

Details

Prop Type: Condominium

County: Douglas

Subdivision: Silver Mesa at Palomino Park

Full baths: 2.0

Half baths: 1 0

Remarks

Lot Size (sqft): Garages: 2

List date: 6/8/22

Updated: Oct 18, 2022 8:21 AM

List Price: $515,000

Orig list price: $569,900

Assoc Fee: $445

Taxes: $2,392 School District: Douglas RE 1 High: Highlands Ranch

Middle: Cresthill Elementary: Acres Green

Welcome home to this gorgeous condo/townhome in the coveted Palomino Park community! Enter into the perfectly flowing floor plan with a cozy fireplace in the living room, extending into the informal dining room, kitchen, powder room, main floor bedroom/office and laundry room. The kitchen features hickory cabinets and bar top perfect for entertaining. Upstairs you will find a large owner's suite with walk-in closet and a secondary owner's suite with walk in closet and full bath. Downstairs, the attached 2-car garage includes an extra 354 square feet of work/storage space. This gated community has countless amenities, such as multiple club houses, pools, fitness facility, tennis/basketball/ volleyball courts, acres of parks/open space, walking paths and a fully staffed cafe. Conveniently located to C 470, I-25, Park Meadows Mall and light rail access. Don't miss out on this clean, quiet and comfortable condo!

Features

Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer Association Fee 2: 155 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly Association Name: Keystone Property Management Association Name 2: Highlands Ranch Community Association

Association Phone: 303-369-0800

Association Phone 2: 303-471-8815

Association Yn: true

Basement: Finished, Partial

Below Grade Unfinished Area: 1600 Building Area Source: Public Records

Construction Materials: Frame

Cooling: Central Air Fireplace Features: Gas, Living Room

Trailhead Road

Fireplaces Total: 1

Flooring: Wood

Heating: Forced Air Interior Features: Eat-in Kitchen

Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2300

Main Level Bathrooms: 1 Parking Total: 2

Patio And Porch: Patio

Roof: Composition

Details

Prop Type: Multi-Family County:

Lot Size (sqft): Garages:

List date:

Updated: Sep

List Price:

2022

Orig list price: $585,000

Assoc Fee: $292

Taxes: $2,676

School District: Douglas RE 1

High: Highlands Ranch

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: Townhouse

Tax Legal Description: LOT 198 HIGHLANDS RANCH #61-A. 0035 AM/L

Tax Year: 2021

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

Water Source: Public Zoning: PDU

Middle: Cresthill Elementary: Fox Creek

Rachel Schoonover

Williams

Remarks

*Sellers offering $10k in concessions to upgrade main and basement flooring for your personal flare. 2-1 buy down consideration as well. Your wait for the perfect location is over! Located in the heart of Highlands Ranch, this residence features a spacious 3 bedroom/4 bath townhome. Upon entering the home through the private patio facing Highland Heritage Park, a wonderful living room area with a fireplace and lofty vaulted ceiling with a skylight awaits Staying on the main floor, there is a cozy and hospitable dining area leading into the kitchen with plentiful cabinetry The staircase guides you to a flexible loft area with potential for use as a home office or fitness area surrounded by two bedrooms. The primary bedroom features high ceilings and a primary bath with a double vanity, shower, and bath tub. The basement is finished with an additional room and living area made for movie nights! Optimally located near Douglas county public schools, parks, open space trails, dog parks, restaurants, and shops - all necessities are in close proximity! Residents enjoy easy access to C470 and I25

Features

Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Sump Pump, Washer Association Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Trail(s)

Association Fee Frequency: Quarterly

Association Name: Highlands Ranch Community Association Association Phone: 303-791-2500

Association Yn: true

Basement: Bath/Stubbed, Sump Pump, Unfinished, Walk-Out Access

Below Grade Unfinished Area: 551 0

Building Area Source: Public Records

Construction Materials: Brick, Wood Siding Cooling: Central Air Direction Faces: Southwest Exterior Features: Balcony, Private Yard

Fireplace Features: Gas, Living Room

Fireplaces Total: 1 Flooring: Carpet, Linoleum, Wood Heating: Forced Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Vaulted Ceiling(s), Walk-In Closet(s)

Laundry Features: In Unit

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1520

Lot Features: Greenbelt, Landscaped, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1

Other Equipment: Satellite Dish

Parking Total: 2 Patio And Porch: Deck, Front Porch, Patio Road Frontage Type: Public Road

Road Surface Type: Paved

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 25 HIGHLANDS RANCH #67C .112 AM/L

Tax Year: 2021

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

View: Mountain(s)

Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Skylight(s) Zoning: PDU

Details

Prop Type: Single Family Residence

County: Douglas Subdivision: Eastridge

Rachel Schoonover

Williams Integrity

Style: Traditional Full baths: 1 0

3/4 Baths: 1 0 Half baths: 1 0

Lot Size (sqft): 4,879

Garages: 2

List date: 10/13/22

Updated: Oct 13, 2022 12:41 PM

List Price: $630,000

Orig list price: $630,000

Assoc Fee: $155

Taxes: $2,228

School District: Douglas RE 1

Remarks

High: Highlands Ranch

Middle: Cresthill Elementary: Fox Creek

Welcome Home to THE 2 Story house you've been waiting for in the highly acclaimed city of Highlands Ranch. This home BACKS TO GREENSPACE!! Take in the views of the beautiful Welte Park Trails and Greenspace when you walk into the living room of this open concept floorplan. The Original owners have taken great care to ensure this beautifully landscaped exterior shows pride of ownership. Mature trees surround this home, including a beautiful cherry tree out back that is great for making pies! The main floor boasts an updated, large eat in kitchen with stainless steel appliances, Quartz countertops, an island, dark stained oak cabinets with undermount lighting, and a pantry. Included washer and dryer can also be found on the main floor as well as a 1/2 bath. Upstairs you'll find 3 bedrooms and 2 bathrooms, including an en suite bath in the primary bedroom. An added detail in the primary suite is the abundant natural light coming through the skylight. This home even features Custom Built garage ceiling storage with a cedar closet. The roof has impact resistant shingles and oversized gutters. Last but not least, is the unfinished, walk out basement already roughed in, waiting for your finishing touches. Buyers can have peace of mind, knowing the sellers are paying for a 1 year home home buyer's warranty through First American Home Warranty, Eagle Premier Plan. This home is centrally located near shopping, golf, restaurants, public transportation, and all major highways. Highlands Ranch Community Association includes access to 4 state of the art Recreation Centers in Highlands Ranch and all of their included amenities. Grab this one before the holiday season and make it yours today!

Features

Association Fee Frequency: Quarterly Association Name: HRCA Association Phone: (303) 791-8958

Association Yn: true

Basement: Unfinished Below Grade Unfinished Area: 10130 Building Area Source: Public Records Construction Materials: Brick, Frame

Details

Prop Type: Single Family Residence

Douglas Subdivision: Highlands Ranch

baths:

baths:

Cooling: Central Air

Fireplace Features: Family Room

Fireplaces Total: 1 Heating: Forced Air, Natural Gas

Levels: Two Listing Terms: Cash, Conventional, Other Living Area Total: 2554 Main Level Bathrooms: 1 Parking Total: 2

Size (sqft):

date:

AM List Price:

Sep

Patio And Porch: Deck

Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House

Tax Legal Description: LOT 32 BLK 6 HIGHLANDS RANCH #68-A 5817 SQ FT 0.134 AM/L

Tax Year: 2021

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

Virtual Tour: View

Water Source: Public Zoning: PDU

Orig list price: $855,000 Assoc Fee: $156

Taxes: $3,264

School District: Douglas RE 1

High: Highlands Ranch

Middle: Cresthill

Elementary: Fox Creek

Rachel Schoonover

Remarks

The home you have been searching for is finally here! This Richmond built home is Move In Ready! Walk in and enjoy modern renovations from floor to ceiling. The brand new kitchen opens up to the family room and nook creating a perfect flow for entertaining and family time. The family room welcomes natural light with its large vaulted ceilings and statement fire place. The nook leads to a private backyard and huge deck! An indoor/ outdoor oasis! Head upstairs to the Primary suite and fill up the large walk in closet and enjoy the beautiful en suite! There are 3 secondary bedrooms on this floor and a full bath for them to share! Down to the unfinished basement for expansion or plenty of storage space. This amazing neighborhood is just steps away for the Cheese Ranch open space, walking and biking trails and the Park Meadows Shopping Resort! Welcome Home!

Features

Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator, Washer Association Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Tennis Court(s)

Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds

Association Name: HRCA Association Phone: 303-791-2500

Association Yn: true

Basement: Bath/Stubbed, Daylight, Exterior Entry, Finished, Walk-Out Access

Building Area Source: Public Records

Construction Materials: Frame, Wood Siding

Details

Prop Type: Single Family Residence

Cooling: Central Air

Current Use: Live/Work

Direction Faces: Northeast Exterior Features: Private Yard

Fencing: Full

Fireplace Features: Family Room, Gas, Wood Burning Fireplaces Total: 1

Flooring: Carpet, Tile, Wood Foundation Details: Slab Heating: Forced Air, Natural Gas

Interior Features: Breakfast Nook, Granite Counters, Primary Suite, Quartz Counters, Radon Mitigation System, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)

Levels: Multi/Split

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1941

Lot Features: Cul-De-Sac, Greenbelt, Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 2 Patio And Porch: Deck, Front Porch

Property Condition: Updated/Remodeled Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 103 HIGHLANDS RANCH #67B .115 AM/L

Tax Year: 2021

Utilities: Cable Available, Electricity Connected, Natural Gas Connected Virtual Tour: View Water Source: Public Window Features: Skylight(s), Window Treatments

Zoning: PDU

Williams Integrity

9126639739

County: Douglas

Subdivision: Eastridge

Full baths: 1 0 3/4 Baths: 2.0

Half baths: 1 0 Lot Size (sqft): 4,791

Rachel Schoonover

Garages: 2

List date: 8/4/22

Pending date: 10/11/22

Off-market date: 10/11/22

Updated: Oct 12, 2022 1:46 PM

List Price: $600,000

Orig list price: $675,000

Assoc Fee: $156

Remarks

Taxes: $2,745 School District: Douglas RE 1

High: Highlands Ranch Middle: Cresthill

Elementary: Fox Creek

Ready to check some boxes? 4 bedrooms, 4 bathrooms, updated kitchen, large composite deck, walk-out basement, cul-de-sac AND backing to a gorgeous greenbelt in Highlands Ranch's Eastridge! Along with the four bedrooms, this well maintained home has multiple living spaces between the entry living room with vaulted ceilings & skylights, family room with wood burning fireplace and bonus room on the lower level. The outdoor living is spectacular featuring an expansive composite deck with stairs leading to a nicely maintained yard. The main level boasts beautiful wood flooring in the living room, kitchen and breakfast nook. The kitchen updates include new lighting, newer stainless appliances, quartz counters and an undermount single basin sink. The upper level has a primary suite with updated 3/4 bathroom and walk-in closet along with two additional bedrooms, updated full bathroom and large linen closet. The nice sized family room has sliders leading to the composite deck. The main level powder room has a new sink and granite counter. The lower level bonus room could be an additional family room or office area and also provides access to the backyard. The laundry and mechanical room is also on this level. The garden level basement features the 4th bedroom along with a 3/4 bathroom, great teenage space or an office! Storage options include the garage along with some additional closets in the house. Located in Highlands Ranch, residents have access to all four rec centers and and their amazing amenities! Easy access to Quebec, Lincoln and C470, grocery stores and a multitude of schools: Fox Creek, Cresthill Middle School, Highlands Ranch High School, Cherry Hills & Valor. Fabulous location and fabulous home, come check it out!

Features

Appliances: Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Sump Pump, Washer Association Amenities: Clubhouse, Fitness Center, Tennis Court(s)

Association Fee Frequency: Quarterly Association Fee Includes: Snow Removal

Association Name: Highlands Ranch Community Association Association Phone: (303) 791-2500 Association Yn: true

Details

Prop Type: Single Family Residence

County: Douglas

Subdivision: Eastridge

Full baths: 2.0

Half baths: 1.0

Basement: Partial

Below Grade Unfinished Area: 92.0

Building Area Source: Public Records

Construction Materials: Frame, Rock

Cooling: Central Air Exterior Features: Private Yard

Fencing: Full Flooring: Carpet, Wood Heating: Forced Air Interior Features: Ceiling Fan(s), Pantry, Vaulted Ceiling(s)

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2392

Lot Features: Sprinklers In Front, Sprinklers In Rear

Parking Features: Dry Walled, Exterior Access Door, Oversized

Parking Total: 2

Patio And Porch: Deck, Patio

Roof: Composition

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House Tax Legal Description: LOT 4 HIGHLANDS RANCH #86B (6622 SF) 0152 AM/L

Tax Year: 2021

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

Water Source: Public Window Features: Double Pane Windows

Zoning: PDU

Lot Size (sqft): 6,621

Garages: 2

List date: 9/9/22

Pending date: 10/12/22

Off-market date: 10/12/22

Updated: Oct 13, 2022 3:56 AM

List Price: $640,000

Orig list price: $680,000 Assoc Fee: $155

Taxes: $3,091

School District: Douglas RE 1

High: Highlands Ranch

Middle: Cresthill

Elementary: Fox Creek

Rachel Schoonover

9126639739

Remarks

Charming home right in the heart of Highlands Ranch!! Incredibly close to Park Meadows mall; youre just a short drive to awesome restaurants and you are just steps away from beautiful Cheese Ranch open space, top-rated schools and an amazing walk to the community garden which is absolutely gorgeous in the summertime. In this quiet neighborhood, you can also enjoy the benefits of any Highlands Ranch Community Association Recreation Centers included in the HOA This home has a large footprint (with nearly 2,500 total sq ft) and wonderful touches throughout. Gorgeous hardwood floors lead through the floor plan which is great for entertaining since it is bathed in natural light from the large windows in the front entertainment room. Upstairs there are 4 large bedrooms, one room could be a really cute office space/playroom. The highlight upstairs is the massive primary bedroom with its own bathroom and unforgettable walk-in closet. In the basement, you have great storage with the unfinished space and a secret storage space with extra outlets which was used for his crypto mining contraption. Outside is a private oasis, an aweinspiring retreat featuring comforting old growth trees you won't find in new neighborhoods. With lots of shade and privacy, the back patio and enormous yard make the perfect spot to enjoy all of Colorado's seasons. With easy access to Littleton, Castle Pines, Parker and a short drive to the foothills you truly get the best of all worlds. Compare this house to anything else in the price range and you will be amazed!!!

Features

Appliances: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Clubhouse, Fitness Center, Gated, Park, Playground, Pool, Spa/Hot Tub, Tennis Court(s)

Association Fee 2: 73 Association Fee 2

Frequency: Annually Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Recycling, Road Maintenance, Security, Sewer, Snow Removal, Trash, Water

Association Name: Silver Mesa HOA

Association Name 2: Highlands Ranch Community

Association Phone: 303-369-1800

Association Phone 2: 303-471-8815

Association Yn: true Basement: Unfinished Below Grade Unfinished Area: 354.0

Building Area Source: Public Records Common Walls: 2+ Common Walls

Concessions: No Construction Materials: Frame

Cooling: Central Air

Current Use: Live/Work Electric: 110V

Details

Prop Type: Condominium County: Douglas

Subdivision: Silver Mesa at Palomino Park

Exterior Features: Playground, Spa/Hot Tub, Tennis Court(s)

Heating: Electric

Laundry Features: In Unit Levels: Three Or More

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1495

Main Level Bathrooms: 1 Main Level Bedrooms: 1

Parking Features: Storage Parking Total: 2

Patio And Porch: Patio Pets Allowed: Cats OK, Dogs OK

Property Condition: Updated/Remodeled

Road Surface Type: Paved Roof: Composition

Security Features: Smoke Detector(s)

Senior Community Yn: false Sewer: Public Sewer

Structure Type: Townhouse

Tax Legal Description: UNIT C BLDG 6490 SILVER MESA AT PALOMINO PARK CONDOMINIUMS 3RD SUPP

Tax Year: 2021

Utilities: Cable Available, Electricity Connected, Internet Access (Wired)

Water Source: Public Zoning: PDU

Style: Contemporary Full baths: 2.0

Half baths: 1 0 Lot Size (sqft):

Rachel Schoonover

Williams Integrity Cell: 9126639739

Garages: 2

List date: 7/14/22

Sold date: 9/23/22

Off-market date: 8/19/22

Updated: Sep 27, 2022 2:06 AM

List Price: $515,000

Orig list price: $554,900

Assoc Fee: $445

Remarks

Taxes: $2,393

School District: Douglas RE 1

High: Highlands Ranch

Middle: Cresthill

Elementary: Acres Green

This gorgeous Highlands Ranch home, located in fabulous PALOMINO PARK RESORT, is all you will ever need to live the lifestyle you've always dreamed of and now priced to sell. This community has it all - a large main pool for fun with friends and a private pool and hot tub for Silver Mesa residents, a full-sized health club with all of the amenities including golf nets, a one mile paved jogging path, a business center for your office away from home, 3 full-size tennis courts, outdoor putting green, full-size soccer/football field, full-sized baseball/softball diamond, grass and sand volleyball courts, frisbee golf course, a gorgeous tranquil pond with picnic area and so much more. You will love the leash-free dog park for your fur baby! All of this with a gorgeous panoramic view of the front range! This exquisite updated Townhome/Condo offers all you need for luxury living with a marvelous wide-open kitchen with ample room for dinner with friends, a dining room that beckons you to your relaxing covered patio, a coveted main level laundry and a main level bedroom or home office. You will love the vaulted ceilings that reach for the sky and the light and bright feel of the entire home. Your fabulous primary bedroom offers relaxation with a stunning 5-piece MasterSuite bath with soaking tub and a desirable walk-in closet. The second bedroom has its own private bathroom with a walk-in closet! Storage abounds in the basement that offers additional space for your hobby room or home gym! Park inside in your spacious 2-car garage with an additional entrance into your home. Dreams can come true and this spectacular home will make that happen. Visit https://palominopark.com/ to view all of the amenities this resort living offers. Call today to schedule your tour of the best that Colorado has to offer!

Rachel Schoonover

Features

Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator

Association Amenities: Business Center, Clubhouse, Fitness Center, Front Desk, Garden Area, Gated, Park, Parking, Playground, Pond Seasonal, Pool, Security, Spa/Hot Tub, Tennis Court(s), Trail(s)

Association Fee 2: 73

Association Fee 2 Frequency: Annually Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Road Maintenance, Security, Snow Removal, Trash, Water

Association Name: West Wind HOA

Association Name 2: Highlands Ranch HOA Association Phone: 303-369-1800

Association Phone 2: 303-471-8815

Association Yn: true Basement: Partial, Unfinished

Below Grade Unfinished Area: 395 0

Building Area Source: Public Records Concessions: No

Construction Materials: Frame

Cooling: Central Air

Direction Faces: East Electric: 110V, 220 Volts Entry Location: Ground

Exterior Features: Dog Run

Fireplace Features: Gas, Gas Log, Living Room

Fireplaces Total: 1

Heating: Forced Air, Natural Gas

Interior Features: Five Piece Bath, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data

Laundry Features: In Unit Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1598 Main Level Bathrooms: 1 Main Level Bedrooms: 1

Parking Features: Concrete Parking Total: 2

Patio And Porch: Patio

Pets Allowed: Number Limit

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer Structure Type: Townhouse

Tax Legal Description: UNIT B BLDG 6468 SILVER MESA AT PALOMINO PARK CONDOS

Tax Year: 2021

Utilities: Electricity Connected, Natural Gas Connected, Phone Connected

Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Zoning: PDU

Schoonover

Details

Prop Type: Condominium

County: Douglas

Subdivision: Palomino Park

Full baths: 2.0

3/4 Baths: 1 0

Lot Size (sqft):

Remarks

Garages: 2

List date: 8/23/22

Sold date: 9/28/22

Off-market date: 8/26/22

Updated: Sep 28, 2022 11:33 AM

List Price: $495,000

Orig list price: $495,000

Assoc Fee: $445

Taxes: $2,491

School District: Douglas RE 1

High: Highlands Ranch

Middle: Cresthill

Elementary: Acres Green

This is a must see townhouse in the Palomino Park community. As you first step up to this beautiful property you will notice a spacious patio. Entering the home there is a large living room area which is directly across from the kitchen which then leads you into easy access of the laundry room. In addition you can also find a bedroom/office space on this floor and a full bathroom. The upstairs offers 2 bedrooms each with an ensuite bathroom. Your new primary bedroom has an attached five piece master bath with large walk in closet. The additional bedroom is also attached to a spacious bathroom and walk in closet. This home also has an attached 2 car garage with a large storage room. But wait thats not all! This large resort like community offers Pools, Tennis courts, Pickle ball, Indoor Basketball Court, Racquetball, Soccer field, Baseball field, business centers and club house for which anyone can enjoy. Just minutes away from Park Meadows shopping center, 30 minutes away from Downtown Denver, and 35 minutes from Denver International Airport this home will not disappoint.

Schoonover

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer Association Amenities: Clubhouse

Association Fee Frequency: Quarterly Association Name: Highlands Ranch Community Association Association Phone: 303-471-8958 Association Yn: true

Basement: Partial

Details

Prop Type: Single Family Residence County: Douglas Subdivision: highlands ranch

Full baths: 2.0 Half baths: 1.0

Below Grade Unfinished Area: 190

Concessions: No Construction Materials: Frame

Cooling: Central Air Exterior Features: Balcony, Private Yard

Fencing: Full Fireplace Features: Gas

Fireplaces Total: 1

Flooring: Carpet, Laminate, Wood

Heating: Forced Air

Maribou Court

Levels: Multi/Split

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1782

Lot Features: Cul-De-Sac, Landscaped, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1

Parking Total: 2

Patio And Porch: Front Porch, Patio

Road Surface Type: Paved

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: LOT 18 HIGHLANDS RANCH # 67 A 0 293 AM/L

Tax Year: 2021

Utilities: Electricity Connected, Natural Gas Connected

Water Source: Public Zoning: PDU

Williams Integrity

9126639739

Lot Size (sqft): 12,763

Garages: 2

List date: 9/13/22

Sold date: 10/14/22

Off-market date: 9/18/22

Updated: Oct 14, 2022 4:46 AM

List Price: $570,000

Orig list price: $570,000

Assoc Fee: $152

Taxes: $2,833

School District: Douglas RE 1

High: Highlands Ranch

Middle: Cresthill

Elementary: Fox Creek

Rachel Schoonover

Remarks

Welcome to this beautiful home on a HUGE and private 1/3 acre cul-de-sac lot in the desirable Highlands Ranch community! Upon entering you will notice the newly remodeled kitchen with upgraded cabinets, subway tile backsplash and granite! Open floorpan with tons of natural light throughout home. Three bedrooms upstairs and a flexible space in the basement that can be used as an additional living area or a 4th bedroom! *Highlands Ranch, the master planned community, offers over 26 parks, 70 miles of trails, 2,000 acres of natural open space, 4 state-of-theart recreation centers, is close to major highways, minutes to restaurants, shops, golf courses, RTD light rail and DTC.*

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer Association Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s), Trail(s)

Association Fee Frequency: Quarterly Association Name: HRCA Association Phone: 303-791-2500 Association Yn: true

Basement: Unfinished Below Grade Unfinished Area: 550.0

Building Area Source: Public Records

Concessions: Buyer Credit/ Incentives

Concessions Amount: 600

Construction Materials: Frame

Cooling: Central Air Direction Faces: West Exterior Features: Garden, Private Yard, Smart Irrigation

Fencing: Full Fireplace Features: Family Room

Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Heating: Forced Air

Interior Features: Ceiling Fan(s), High Ceilings, Primary Suite

Laundry Features: In Unit

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1537

Lot Features: Borders Public Land, Cul-De-Sac, Greenbelt, Landscaped, Open Space, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Front Porch

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved

Details

Prop Type: Single Family Residence County: Douglas

Subdivision: Highlands Ranch Style: Contemporary Full baths: 1 0

3/4 Baths: 1 0

Half baths: 1 0

Lot Size (sqft): 5,968

Garages: 2

Schoonover

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer Structure Type: House

Tax Legal Description: LOT 91 HIGHLANDS RANCH #67C .137 AM/L

Tax Year: 2021

Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available View: Mountain(s)

Water Source: Public Window Features: Window Coverings

Zoning: PDU

List date: 9/6/22

Sold date: 10/7/22

Off-market date: 9/13/22

Updated: Oct 7, 2022 10:46 AM

List Price: $625,000

Orig list price: $625,000

Remarks

Assoc Fee: $156

Taxes: $2,817

School District: Douglas RE 1

High: Highlands Ranch Middle: Cresthill Elementary: Fox Creek

Perfectly located home on a quiet cul de sac, backing to expansive open space with mountain views out the primary bedroom window. Bright and open layout with large windows provides great natural light. This home features many updates including hardwood floors throughout the main living area and a gas fireplace with the look and feel of real wood. Unfinished basement with lots of room for storage, workout room or whatever you need. Enjoy a quiet and private backyard deck overlooking open space and surrounded by mature landscaping. Community features include four Highlands Ranch Rec Centers and a trail system

Comparable Property Statistics

A 4 Active Listings

LOWEST $515,000

P 2 Pending Listings

AVERAGE $632,500

$840,000

PRICE / SQFT

LOWEST $600,000

S 4 Sold Listings

LOWEST $500,000

AVERAGE $620,000

$640,000

PRICE / SQFT

AVERAGE $548,500

HIGH $617,500

PRICE / SQFT

Schoonover

Sold Property Analysis

Averages 99.5%

Homes sold for an average of

Analysis

ADDRESS

of their list price.

12Days on market

It took an average of 12 days for a

to

ORIG LIST PRICE SOLD PRICE

OF

PRICE

$ PER SQFT

6490 Silver Mesa Drive C $554,900 $500,000 9011% 36 $270 6468 Silver Mesa Drive B $495,000 $506,500 102.32% 3 $254

Maribou Court $570,000 $570,000 100.00% 5 $316 6388 Monterey Place $625,000 $617,500 98.80% 7 $296

Averages $561,225 $548,500 97.73% 12 $284

Summary of Comparable Properties

A ACTIVE LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

6468 Silver Mesa Drive E 3 300 1,849 $515,000 $279 6006 Trailhead Road 3 4.00 2,460 $545,000 $222 6313 Laguna Circle 3 300 2,071 $630,000 $304 9395 Princeton Circle 4 3.00 3,567 $840,000 $235

Averages 2,486 $632,500 $260

P PENDING LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

6276 Nassau Court 4 4.00 1,941 $600,000 $309

9171 Sugarstone Circle 4 300 2,484 $640,000 $258

Averages 2,212 $620,000 $283

S SOLD LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

6490 Silver Mesa Drive C 9/23/22 3 300 1,849 $500,000 $270

6468 Silver Mesa Drive B 9/28/22 3 300 1,993 $506,500 $254

8907 Maribou Court 10/14/22 4 3.00 1,801 $570,000 $316

6388 Monterey Place 10/7/22 3 300 2,087 $617,500 $296

Averages 1,932 $548,500 $284

Schoonover

INTELLIGENT

PRICING & TIMING

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

☐ Fair market value attracts buyers, overpricing never does.

☐ The first two weeks of marketing are crucial.

☐ The market never lies, but it can change its mind.

ASKING PRICE PERCENTAGE OF BUYERS

Market Value

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by 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

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.

That MOVE You