at Keller Williams Integrity
MarComparativeketAnalysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Valesta and Adrian Clark AUGUST 19, 2022 Kyle Gephart
Online Valuation Analysis How accurate are Zestimates? 1.7% $15,100 Zestimates varied up to 1.7% or $15,100 compared to actual MLS prices. S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 2981 S Newport Street 7/29/22 $739,000 $740,500 0 2% 3231 S Oneida Way 6/7/22 $750,000 $757,000 0.9% 6998 E Dartmouth Avenue 4/22/22 $800,000 $813,700 1.7% 6908 E Dartmouth Avenue 5/24/22 $836,000 $847,300 1.4% 3273 S Niagara Street 7/1/22 $900,000 $905,600 0 6% 3111 S Magnolia Street 5/4/22 $975,000 $990,100 1.5% Source: Zillow 6 Sold Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 3
7008 E Dartmouth Ave, Denver, CO 80224-2840, Denver County APN: 6324-05-016 CLIP: 1964729060 MLS Beds 4 MLS Full Baths 2 Half Baths 1 MLS Sale Price $374,500 MLS Sale Date 04/15/2013 MLS Sq Ft 2,828 Lot Sq Ft 12,600 Yr Built 1972 Type SFR OWNER INFORMATION Owner Name Clark Adrian Mailing Zip 80224 Owner Name 2 Clark Valesta Mailing ZIP 4 2840 Mailing Address 7008 E Dartmouth Ave Mailing Carrier Route C051 Mailing City & State Denver, CO Owner Occupied Yes LOCATION INFORMATION Property Zip 80224 Topography Flat/Level Property Zip4 2840 Neighborhood Code Wellshire East 0670 Property Carrier Route C051 Neighborhood Name (OnBoard) Hampden School District Denver County 1 Traffic Local Elementary School Samuels Township 04S Middle School Hamilton Range 67W High School Thomas Jefferson Section 32 Subdivision Wellshire East Filing 3 Quarter SE Zoning S SU F Block 2 Census Tract 68 12 Lot 19 TAX INFORMATION PIN 6324 05 016 % Improved 58% Schedule Number 0632405016000 Tax District DENV Legal Description LOT 19 BLK 2 WELLSHIRE EAST F LG NO 3 ASSESSMENT & TAX Assessment Year 2021 2020 2019 Market Value Land $236,400 $236,400 $236,400 Market Value Improved $331,300 $263,700 $263,700 Market Value Total $567,700 $500,100 $500,100 Assessed Value Land $16,900 $16,900 $16,900 Assessed Value Improved $23,690 $18,860 $18,860 Assessed Value Total $40,590 $35,760 $35,760 YOY Assessed Change (%) 13 51% 0% YOY Assessed Change ($) $4,830 $0 Tax Year Total Tax Change ($) Change (%) 2019 $2,579 2020 $2,653 $74 2 88% 2021 $3,029 $376 14 15% CHARACTERISTICS Lot Acres 0 2893 Total Rooms 8 Lot Sq Ft 12,600 Bedrooms Tax: 3 MLS: 4 Land Use County Single Family Resident Baths Total 4 Land Use CoreLogic SFR MLS Total Baths 4 Year Built 1972 Baths Full Tax: 3 MLS: 2 Bldg Sq Ft Above Ground 1,996 Baths Half 1 Bldg Sq Ft Basement 832 Stories 2 Bldg Sq Ft Finished Basement 732 Fireplace Y Bldg Sq Ft Unfinished Basement 100 Heat Type Warm Air Bldg Sq Ft Total 2,828 Garage Type Attached Garage Bldg Sq Ft Finished Tax: 2,728 MLS: 2,828 Garage Sq Ft 458 Bldg Sq Ft 1st Floor 1,144 Exterior Frame/Masonry Bldg Sq Ft 2nd Floor 852 Quality Good Basement Type Tax: Full MLS: Slab Equipment Ls1 # Buildings 1 Property Details Courtesy of Kyle Gephart, REcolorado Generated on:08/19/22 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 Page 1/3
FEATURES Feature Type Size/Qty Opn Prch Frm 236 Opn Prch Frm 71 Att Garage Frm 458 Und Spnklr 8,100 SELL SCORE Rating Low Value As Of 2022 08 14 05:02:42 Sell Score 450 LISTING INFORMATION MLS Listing Id 1131953 MLS Close Price $374,500 MLS Days On Market 155 MLS Listing Contract Date 09/26/2012 MLS Source REcolorado MLS Close Date 04/15/2013 MLS Status Closed MLS List Office Name CHERRY CREEK PROPERTIES LL C MLS Status Change Date 04/15/2013 MLS List Agent Full Name 032258-Heidi Deluca MLS Current Price $374,900 MLS Buyer Agent Full Name 043827 Teresa Turner MLS Original List Price $419,900 MLS Buyer Office Name METROWEST REAL ESTATE SOL UTIONS MLS Listing # 1080578 MLS Source History REcolorado MLS Status Expired MLS Listing Price $419,900 MLS Orig Listing Price $439,000 MLS Listing Date 03/17/2012 MLS Listing Expiration Date 09/25/2012 LAST MARKET SALE & SALES HISTORY Sale Date 04/15/2013 Deed Type Warranty Deed Sale Price $373,500 Owner Name Clark Adrian Price per SqFt Finished $136 91 Owner Name 2 Clark Valesta Document Number 55095 Seller Vinay Judith A Sale Date 04/15/2013 11/30/2006 11/30/1999 09/25/1998 04/29/1988 Sale Price $373,500 $367,900 $256,000 $220,000 Buyer Clark Adrian & Valesta Vinay Judith A Grimsley Karen M Guardo Rolando J & C ynthia M Svalberg Thomas L Buyer Clark Valesta Guardo Cynthia M Seller Vinay Judith A Grimsley Karen M Guajardo Rolando J & Cynthia Svalberg Thomas L & Bridget M Pierce Samuel R Jr Document Number 55095 196277 214765 162304 262116 Document Type Warranty Deed Warranty Deed Warranty Deed Warranty Deed Deed (Reg) Title Company Land Title Guarantee First American Heritag e Title Sale Date 11/01/1987 10/16/1987 Sale Price $103,258 $113,000 Buyer Sec Of Hud Bancplus Mtg Corp Hebb Kenneth O Buyer Seller Bancplus Mtg Corp Muftic Felicia Schneider Kenneth G Document Number 213575 197344 51609 Document Type Special Warranty Deed Public Trustees Deed Warranty Deed Title Company MORTGAGE HISTORY Mortgage Date 12/23/2020 07/06/2017 04/18/2013 05/18/2007 12/11/2006 Mortgage Amount $430,000 $346,100 $366,734 $88,000 $255,000 Mortgage Lender American Financing C orp United Wholesale Mtg Universal Lending Ascent Hm Lns Inc American Guaranty Mt g Borrower Clark Adrian Clark Adrian R Clark Adrian Vinay Judith A Vinay Judith A Borrower Clark Valesta Clark Valesta Clark Valesta Mortgage Type Conventional Conventional Fha Conventional Conventional Property Details Courtesy of Kyle Gephart, REcolorado Generated on:08/19/22 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 Page 2/3
Mortgage Purpose Refi Refi Resale Refi Resale Mortgage Int Rate 3.125 1 Mortgage Int Rate Type Adjustable Int Rate Loa n Adjustable Int Rate Loa n Mortgage Term 30 30 30 30 30 Mortgage Term Years Years Years Years Years Title Company Stewart Title Stewart Title Mortgage Date 04/11/2006 02/28/2006 05/17/2003 Mortgage Amount $75,000 $83,500 $100,000 Mortgage Lender National Cty Bk Citimortgage Wells Fargo Bk Borrower Grimsley Karen M Grimsley Karen M Grimsley Karen M Borrower Mortgage Type Conventional Conventional Conventional Mortgage Purpose Refi Refi Refi Mortgage Int Rate Mortgage Int Rate Type Fixed Rate Loan Mortgage Term 30 15 39 Mortgage Term Years Years Years Title Company PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Kyle Gephart, REcolorado Generated on:08/19/22 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 Page 3/3
Map of Comparable Listings STATUS: S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 7008 E Dartmouth Ave 4 3.00 2,828 2 3907198 S 2981 S Newport Street 4 2 00 2,412 $739,000 3 4502817 S 3231 S Oneida Way 4 2 00 1,760 $750,000 4 9036092 S 6998 E Dartmouth Avenue 4 2 00 2,046 $800,000 5 9578770 S 6908 E Dartmouth Avenue 3 3.00 2,456 $836,000 6 8292935 S 3273 S Niagara Street 5 4.00 3,427 $900,000 7 8774150 S 3111 S Magnolia Street 4 4.00 2,901 $975,000 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 5
2981 S Newport Street Denver, CO 80224 MLS #3907198 $739,000 4 Beds 2.00 Baths 2,412 Sq. Ft. ($306 / sqft) CLOSED 7/29/22 Year Built 1966 Days on market: 17 Details Prop Type: Single Family Residence County: Denver Subdivision: Hutchinson Hills Style: ModerMid-Centuryn Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 10,900 Garages: 2 List date: 6/30/22 Sold date: 7/29/22 Off-market date: 7/17/22 Updated: Jul 29, 2022 10:13 AM List Price: $739,000 Orig list price: $799,500 Taxes: $2,816 School District: Denver 1 High: Thomas Jefferson Middle: Hamilton Elementary: Holm Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Bath/ Stubbed, Daylight, Finished, Full Building Area Source: Public Records Concessions: No Construction Materials: Block, Brick, Frame Cooling: Attic Fan, Central Air Direction Faces: East Distance To Bus Numeric: 1 Distance To Bus Units: Miles Exterior Features: Fire Pit, Garden, Gas Valve, Private Yard Fencing: Partial Flooring: Carpet, Wood Foundation Details: Slab Furnished: Unfurnished Heating: Forced Air, Natural Gas Interior Features: Built-in Features, Ceiling Fan(s), Corian Counters, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan, Radon Mitigation System, Smoke Free Levels: Multi/Split Listing Terms: 1031 Exchange, Cash, Conventional, FHA, Jumbo, Other, VA Loan Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 6
Kyle Gephart
Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224
Cell: 720-520 4448 7
Living Area Total: 2412 Lot Features: Landscaped, Level, Many Trees, Near Public Transit, Secluded, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Features: Concrete Parking Total: 2 Patio And Porch: Covered, Front Porch, Patio Property Condition: Updated/Remodeled 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), Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 5 BLK 4 HUTCHINSON HILLS FLG NO 14 Tax Year: 2021 Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: S-SU-F Remarks
This well maintained, updated home sits quietly in the heart of Denver's Bible Park neighborhood. Open floorplan with gleaming wood floors and attached two car garage. New furnace, air conditioner, water heater and roof within the past 4 years. Updated kitchen and baths, granite and corian counters, stainless appliances, gas stove, custom cabinets with pull out drawers, recessed and under cabinet lighting, tile backsplash. Baths have tile floors, upgraded tile showers, newer cabinets and sinks. Custom theater room in lower level. A ton of storage space including 3 large closets downstairs and a partially hidden, oversized shed in the backyard. The large lush, quiet, private yard is perfect for entertaining family and friends. Mature trees provide wonderful shade. 2 year old extended covered patio with built-in gas fire pit. This four bedroom / two bath home has been meticulously cared for over the years. Across the street you will find the access path into Bible Park. No driving to the park... direct access onto the Highline Canal and park. Bible Park is a 67 acre park with a playground rated top 5 in Denver, tennis courts, baseball diamonds, lacrosse fields, a creek, and a ton of open space. Park connects to Cherry Creek trail and Highline Canal for endless walking and biking opportunities. Do not miss the opportunity to be in this wonderful quiet neighborhood at this price point. Close proximity to DTC, major highways, light rail, retail shopping and area golf courses.
2981 S Newport Street Denver, CO 80224 MLS #3907198 $739,000 4 Beds 2.00 Baths 2,412 Sq. Ft. ($306 / sqft) CLOSED 7/29/22 Year Built 1966 Days on market: 17 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 8
3231 S Oneida Way Denver, CO 80224 MLS #4502817 $750,000 4 Beds 2.00 Baths 1,760 Sq. Ft. ($426 / sqft) CLOSED 6/7/22 Year Built 1972 Days on market: 6 Details Prop Type: Single Family Residence County: Denver Subdivision: Wellshire East Style: Traditional Full baths: 1.0 Half baths: 1.0 Lot Size (sqft): 9,740 Garages: 2 List date: 5/12/22 Sold date: 6/7/22 Off-market date: 5/18/22 Updated: Jun 8, 2022 3:38 AM List Price: $775,000 Orig list price: $775,000 Assoc Fee: $25 Taxes: $2,718 School District: Denver 1 High: Thomas Jefferson Middle: Hamilton Elementary: Joe Shoemaker Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Fee Frequency: Annually Association Name: Wellshire East HOA Association Phone: (720) 580 3630 Association Yn: true Basement: Full Below Grade Unfinished Area: 572 0 Building Area Source: Public Records Concessions: No Construction Materials: Brick, Cement Siding, Frame Cooling: Central Air Direction Faces: Southeast Exterior Features: Garden Flooring: Carpet, Tile, Wood Heating: Forced Air Interior Features: Ceiling Fan(s), Granite Counters, Kitchen Island, Open Floorplan Levels: Tri-Level Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1760 Lot Features: Level, Sprinklers In Front, Sprinklers In Rear Parking Total: 2 Patio And Porch: Patio Property Condition: Updated/Remodeled Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 9
Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 17 BLK 3 WELLSHIRE EAST FLG NO 3 Tax Year: 2021 Utilities: Electricity Connected, Natural Gas Connected Virtual Tour: View Water Source: Public Window Features: Bay Window(s), Double Pane Windows Zoning: S-SU-F Remarks Situated on a peaceful street, this warm, inviting home is bright, spacious and ready to call your own. The open concept living area on the main floor makes entertaining a breeze. Cooks will adore the stunning kitchen that leads to a large garden patio with mature trees and perennials. Unbeatable location, convenient to I-25, restaurants, parks and trails. Appointed with four bedrooms, a large family room, plenty of storage and an attached two-car garage. This one checks all the boxes! Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 10
3231 S Oneida Way Denver, CO 80224 MLS #4502817 $750,000 4 Beds 2.00 Baths 1,760 Sq. Ft. ($426 / sqft) CLOSED 6/7/22 Year Built 1972 Days on market: 6 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 11
6998 E Dartmouth Avenue Denver, CO 80224 MLS #9036092 $800,000 4 Beds 2.00 Baths 2,046 Sq. Ft. ($391 / sqft) CLOSED 4/22/22 Year Built 1972 Days on market: 3 Details Prop Type: Single Family Residence County: Denver Subdivision: Wellshire East 0670 Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 9,370 Garages: 2 List date: 3/17/22 Sold date: 4/22/22 Off-market date: 3/20/22 Updated: Apr 23, 2022 12:29 AM List Price: $725,000 Orig list price: $725,000 Taxes: $2,332 School District: Denver 1 High: Thomas Jefferson Middle: Hamilton Elementary: Joe Shoemaker Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Washer Association Yn: false Basement: Partial Below Grade Unfinished Area: 286 0 Concessions: Buyer Credit/Incentives Concessions Amount: 3500 Construction Materials: Frame Cooling: Evaporative Cooling Exterior Features: Private Yard, Rain Gutters Fencing: Full Flooring: Carpet, Wood Heating: Forced Air Interior Features: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island Laundry Features: In Unit Levels: Tri-Level Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2046 Lot Features: Irrigated, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear Parking Total: 2 Patio And Porch: Deck, Front Porch Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 12
This beautiful and well-maintained single-family home provides a perfect combination of community and open space with easy access to downtown, shops, and restaurants. Located on a peaceful street in a highly desirable location near Bible Park, the house is blocks from light rail, parks, playgrounds and more. At the heart of several expansive trail systems, youll be able to walk/cycle to work or to the Cherry Creek State Park. The open main-level layout is perfect for entertaining. Natural light fills the kitchen, dining area, and sitting room by day, showcasing beautifully refinished hardwood floors and new stainless-steel appliances. Fresh carpet can be found throughout the home in bedrooms as well as in the living room/den space. Additional finished space in basement can be transformed as desired to be used as an in-home gym, office, playroom or bedroom. This home boasts new interior/exterior paint, granite tile counters, a wood burning fireplace, designer light fixtures, a workshop in the 2 car garage, plus a fantastic 15 x 32 deck with gas hook ups for a grill and fire pit. New roof in 2021. The spacious backyard is professionally landscaped, fully fenced with drip irrigation system for a garden, ideal for outdoor recreation or relaxation under the shade of mature trees.
Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 13
Structure Type: House Tax Legal Description: LOT 20 BLK 2 WELLSHIRE EAST FLG NO 3 Tax Year: 2020 Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected Vegetation: Grassed Zoning: S-SU-F Remarks
6998 E Dartmouth Avenue Denver, CO 80224 MLS #9036092 $800,000 4 Beds 2.00 Baths 2,046 Sq. Ft. ($391 / sqft) CLOSED 4/22/22 Year Built 1972 Days on market: 3 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 14
6908 E Dartmouth Avenue Denver, CO 80224 MLS #9578770 $836,000 3 Beds 3.00 Baths 2,456 Sq. Ft. ($340 / sqft) CLOSED 5/24/22 Year Built 1972 Days on market: 4 Details Prop Type: Single Family Residence County: Denver Subdivision: Wellshire East Filing 3 Style: Contemporary Full baths: 1.0 3/4 Baths: 1.0 Half baths: 1.0 Lot Size (sqft): 12,000 Garages: 2 List date: 4/21/22 Sold date: 5/24/22 Off-market date: 4/25/22 Updated: May 24, 2022 9:55 AM List Price: $825,000 Orig list price: $825,000 Taxes: $2,581 School District: Denver 1 High: Thomas Jefferson Middle: Hamilton Elementary: Holm Features Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Refrigerator Association Yn: false Basement: Full Below Grade Unfinished Area: 610 0 Building Area Source: Plans Common Walls: No Common Walls Concessions: Buyer Credit/Incentives Concessions Amount: 10000 Construction Materials: Brick, Frame Cooling: Central Air Fencing: Full Heating: Forced Air, Natural Gas Levels: Tri-Level Listing Terms: Cash, Conventional Living Area Total: 2456 Lot Features: Sprinklers In Rear Main Level Bathrooms: 1 Parking Total: 5 Patio And Porch: Patio Property Condition: Updated/Remodeled Roof: Composition Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 23 BLK 2 WELLSHIRE EAST F LG NO 3 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 15
Tax Year: 2021 Remarks THIS IS AN OUTSTANDING NEWLY RENOVATED TRI LEVEL HOME THAT SITS ON A LARGE 12,000 SQFT LOT! THE HOUSE HAS JUST UNDERGONE A MAJOR RENOVATION/ADDITION ON THE MAIN LEVEL OF THE HOUSE. THE ADDITION HAS ADDED 664 SQFT TO THE PROPERTY GIVING YOU A VAULTED CEILING AN OPEN FLOOR PLAN PLUS BRAND NEW KITCHEN & FIXTURES! THE UPPER LEVEL CONTAINS THE PRIMARY BEDROOM WITH A GUEST BEDROOM. THE SHARED BATH HAS BEEN REMODELED TO ALLOW ACCESS DIRECTLY FROM THE PRIMARY BEDROOM. ON THE LOWER LEVEL IT HAS A GREAT FAMILY ROOM WITH A ADDITIONAL BEDROOM AND 3/4 BATHROOM. THE BASEMENT IS NON CONFORMING AND PARTIALLY FINISHED WITH A SPARE ROOM. THE BACKYARD IS FULLY FENCED, A LARGE IRRIGATED LAWN. IT COMES WITH A STORGE SHEAD AND ROOM FOR A GARDEN. PARKING WILL NEVER BE AN ISSUE WITH TWO CAR ATTACHED GAGRGE, THREE CAR DRIVEWAY, PLUS THE STREET PARKING. THIS HOUSE IS ON A QUIET ROAD BUT ALLOWS FOR QUICK ACCESS TO THE INTERSTATE AND LIGHT RAIL, MITIGATING ANY MAJOR COMMUTES. THIS IS YOUR CHANCE TO OWN A PROPERTY THATS UNLIKE ANY OTHER IN THE NEIGHBORHOOD!! Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 16
6908 E Dartmouth Avenue Denver, CO 80224 MLS #9578770 $836,000 3 Beds 3.00 Baths 2,456 Sq. Ft. ($340 / sqft) CLOSED 5/24/22 Year Built 1972 Days on market: 4 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 17
3273 S Niagara Street Denver, CO 80224 MLS #8292935 $900,000 5 Beds 4.00 Baths 3,427 Sq. Ft. ($263 / sqft) CLOSED 7/1/22 Year Built 1965 Days on market: 3 Details Prop Type: Single Family Residence County: Denver Subdivision: Wellshire East Style: Traditional Full baths: 1.0 3/4 Baths: 2 0 Half baths: 1.0 Lot Size (sqft): 11,500 Garages: 2 List date: 6/9/22 Sold date: 7/1/22 Off-market date: 6/12/22 Updated: Jul 1, 2022 11:05 AM List Price: $895,000 Orig list price: $895,000 Taxes: $3,109 School District: Denver 1 High: Thomas Jefferson Middle: Hamilton Elementary: Samuels Features Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer, Water Purifier Association Yn: false Basement: Finished, Full, Interior Entry/Standard Below Grade Unfinished Area: 62 0 Building Area Source: Appraiser Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 1500 Construction Materials: Brick, Wood Siding Cooling: Central Air Electric: 220 Volts Exterior Features: Gas Valve, Lighting, Private Yard Fencing: Full Fireplace Features: Family Room, Wood Burning Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Furnished: Unfurnished Green Energy Efficient: Thermostat Heating: Forced Air Interior Features: Eat-in Kitchen, Granite Counters, Kitchen Island, Primary Suite, Smart Thermostat, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit Levels: Two Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 18
Listing Terms: Cash, Conventional Living Area Total: 3427 Lot Features: Landscaped, Level, Many Trees Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Patio 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: House Tax Legal Description: L 20 BLK 3 WELLSHIRE EAST Tax Year: 2021 Utilities: Cable Available, Internet Access (Wired) Water Source: Public Window Features: Double Pane Windows Zoning: S-SU-F Remarks Located on an idyllic street in the desirable Wellshire East neighborhood, this beautiful home sits on 1/4 of an acre and has been meticulously updated and cared for by the same owner of over 30 years. With over 3,400 square feet of finished living space, this home boasts 5 bedrooms (all conforming) and 3 full bathrooms, plus a half bath on the main. Hardwood floors throughout the main level carry upstairs into all the bedrooms. Beautifully updated kitchen with an island, eat-in area, granite counters, stainless appliances including a double oven, cooktop and range hood. Walk outside to an incredible oasis in the fully fenced backyard with a large patio for entertaining, lush landscaping and mature trees providing lots of privacy Sprinkler system updated in 2019 with climate sensitive controls. Hidden in the back is a seating area and a large Tuff shed for storage. Back inside, the upstairs features a rare 4 bedroom floorplan including the primary bedroom with ensuite and walk-in closet. In the basement there is an additional bedroom, full bathroom, rec room and great storage too. Close to Bible Park, shopping and easy highway access. With features such as in-ceiling speakers on the main floor and patio, updated lighting, newer home systems and roof, this home is not to be missed! Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 19
3273 S Niagara Street Denver, CO 80224 MLS #8292935 $900,000 5 Beds 4.00 Baths 3,427 Sq. Ft. ($263 / sqft) CLOSED 7/1/22 Year Built 1965 Days on market: 3 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 20
3111 S Magnolia Street Denver, CO 80224 MLS #8774150 $975,000 4 Beds 4.00 Baths 2,901 Sq. Ft. ($336 / sqft) CLOSED 5/4/22 Year Built 1963 Days on market: 6 Details Prop Type: Single Family Residence County: Denver Subdivision: Wellshire East Full baths: 1.0 3/4 Baths: 2 0 Half baths: 1.0 Lot Size (sqft): 26,000 Garages: 2 List date: 3/30/22 Sold date: 5/4/22 Off-market date: 4/5/22 Updated: May 4, 2022 10:16 AM List Price: $975,000 Orig list price: $975,000 Assoc Fee: $25 Taxes: $3,016 School District: Denver 1 High: Thomas Jefferson Middle: Hamilton Elementary: Samuels Features Association Fee Frequency: Annually Association Name: Wellshire Association Phone: 303-758-0092 Association Yn: true Basement: Finished, Partial, Walk-Out Access Below Grade Unfinished Area: 58 0 Building Area Source: Public Records Common Walls: No Common Walls Concessions: No Construction Materials: Frame, Wood Siding Cooling: Central Air Direction Faces: Southeast Exterior Features: Balcony, Garden, Gas Grill, Lighting, Private Yard, Rain Gutters, Spa/Hot Tub, Water Feature Fencing: Full Fireplace Features: Basement, Family Room Fireplaces Total: 2 Flooring: Carpet, Wood Furnished: Unfurnished Heating: Forced Air Interior Features: Ceiling Fan(s), Five Piece Bath, Quartz Counters, Smoke Free, Spa/Hot Tub Laundry Features: In Unit Levels: Tri-Level Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2901 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 21
Lot Features: Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Deck, Front Porch, Patio Pets Allowed: Cats OK, Dogs OK Roof: Composition Security Features: Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: L 5 BLK 1 WELLSHIRE EAST Tax Year: 2020 Water Source: Public Window Features: Bay Window(s), Window Coverings, Window Treatments Zoning: S-SU-F Remarks Incredibly special home with one of the LARGEST LOTS in the area by far (.6 acres), and yet meticulously upgraded to be low maintenance and have low watering needs. Be sure to check out lot highlight flyer (in supplements and hard copies at the home). The interior of this home has been thoughtfully renovated. Kitchen appliances, roof, AC, water heater, hot tub have all been replaced within the last 5 years. Out back is a specialty mix of prairie grass and fescue grass (watering needs are 1/wk and mowing needs ~1/season!), drought resistant flowers, garden beds, automatic drip irrigation and eco watering system, terrace, deck and 2 patios, 2 sheds, a covered and equipped outdoor kitchen with grill, mini fridge, bartop and sunbrella. Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 22
3111 S Magnolia Street Denver, CO 80224 MLS #8774150 $975,000 4 Beds 4.00 Baths 2,901 Sq. Ft. ($336 / sqft) CLOSED 5/4/22 Year Built 1963 Days on market: 6 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 23
Comparable Property Statistics S 6 Sold Listings LOWEST $739,000 AVERAGE $833,333 HIGH $975,000 AVG PRICE / SQFT $344 AVG DOM 6 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 24
Sold Property Analysis Averages 101.3% Homes sold for an average of 101.3% of their list price. 6 Days on market It took an average of 6 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 2981 S Newport Street $799,500 $739,000 92 43% 17 $306 3231 S Oneida Way $775,000 $750,000 96 77% 6 $426 6998 E Dartmouth Avenue $725,000 $800,000 110 34% 3 $391 6908 E Dartmouth Avenue $825,000 $836,000 101.33% 4 $340 3273 S Niagara Street $895,000 $900,000 100.56% 3 $263 3111 S Magnolia Street $975,000 $975,000 100 00% 6 $336 Averages $832,416 $833,333 100.11% 6 $344 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 25
Summary of Comparable Properties S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 2981 S Newport Street 7/29/22 4 2.00 2,412 $739,000 $306 3231 S Oneida Way 6/7/22 4 2 00 1,760 $750,000 $426 6998 E Dartmouth Avenue 4/22/22 4 2.00 2,046 $800,000 $391 6908 E Dartmouth Avenue 5/24/22 3 3.00 2,456 $836,000 $340 3273 S Niagara Street 7/1/22 5 4 00 3,427 $900,000 $263 3111 S Magnolia Street 5/4/22 4 4 00 2,901 $975,000 $336 Averages 2,500 $833,333 $344 Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 26
☐ The market never lies, but it can change its mind.
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.
☐ Fair market value attracts buyers, overpricing never does.
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.
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.
at Keller Williams Integrity
ASKING PRICE PERCENTAGE OF BUYERS +10%+15% Market Value -15%-10% 90%75%60%30%10%
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
☐ The first two weeks of marketing are crucial.
PRICINGINTELLIGENT&TIMING
TIME
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. ON MARKET (IN WEEKS) 2
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.
ACTIVITY 1
3 4 5 6
at Keller Williams Integrity
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.
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.
Marketing Action Plan Below are a few of the services we can provide as part of the marketing of your home. Before we can get started, the first important step is to: Sign and complete the Listing Agreement First Week Enter listing into the MLS system. Put up "For Sale" yard sign. Install lock box. (optional) Schedule time to shoot property photos. Review showing procedure. Prepare property flyer Syndicate listing to real estate websites. Second Week Invite brokers and agents to tour home. Begin agent to agent marketing efforts. Review and update status. Third Week Hold Open House. Ongoing activities Show property to potential buyers. Follow-up on Internet leads. Monitor market conditions. Monitor comparable properties for sale. Monitor foreclosures and short sales in market. Comparative Market Analysis 7008 East Dartmouth Avenue, Denver, Colorado 80224 Kyle Gephart Cell: 720-520 4448 28
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