A Comparative Market Analysis for 7620 Newton St.

Page 1

at Keller Williams Integrity


Single-Family Homes

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

Westminster, CO

This week the median list price for Westminster, CO is $640,000 with the market action index hovering around 85. This is less than last month's market action index of 89. Inventory has increased to 99.

Real-Time Market Profile Median List Price

$640,000

Market Action Index

Median Price of New Listings

$599,500

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

Per Square Foot

$258

Average Days on Market

21

Median Days on Market

7

Price Decreased

31%

Price Increased

8%

Relisted

6%

Inventory

99

Median Rent

$2,700

Market Action

85

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

85

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$1,074,500

4,463

0.25 - 0.5 acre

4

4

23

8

4

14

$711,000

2,982

6,500 - 8,000 sqft

4

3

37

7

8

7

$595,000

2,046

6,500 - 8,000 sqft

4

3

42

9

10

7

$539,000

1,968

6,500 - 8,000 sqft

3

2

52

12

8

14

Mon Jun 13 2022

2 of 6


Single-Family Homes

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

Westminster, 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

$400K Jun 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 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. $1.5M

$1.3M

$1.0M

$750K

$500K

$250K Jun 2019

Nov 2019

Mar 2020

Top 90-Day

Jul 2020

Nov 2020

Upper 90-Day

Mar 2021

Lower 90-Day

Mon Jun 13 2022

Jul 2021

Nov 2021

Mar 2022

Bottom 90-Day

3 of 6


Single-Family Homes

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

Westminster, CO

Price Per 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. $350

$300

$250

$200

$150 Jun 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 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. 200

150

100

50

0 Jun 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

90-Day Average

Mon Jun 13 2022

4 of 6


Single-Family Homes

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

Westminster, CO

Market Action Index

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 120

100

80

60

40 Jun 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120

100

80

60

40

20 Jun 2019

Nov 2019

Mar 2020

Top 90-Day

Jul 2020

Nov 2020

Upper 90-Day

Mar 2021

Lower 90-Day

Mon Jun 13 2022

Jul 2021

Nov 2021

Mar 2022

Bottom 90-Day

5 of 6


Single-Family Homes

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

Westminster, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 24 days. Half of the listings have come newly on the market in the past 7 or so days. Watch the 90-day DOM trend for signals of a changing market. 125

100

75

50

25

0 Jun 2019

Nov 2019

Mar 2020

Jul 2020

Nov 2020

7-Day Average

Mar 2021

Jul 2021

Nov 2021

Mar 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 150

125

100

75

50

25

0 Jun 2019

Nov 2019

Mar 2020

Top 90-Day

Jul 2020

Nov 2020

Upper 90-Day

Mar 2021

Lower 90-Day

Mon Jun 13 2022

Jul 2021

Nov 2021

Mar 2022

Bottom 90-Day

6 of 6


7620 Newton St, Westminster, CO 80030-4549, Adams County APN: R0063979

CLIP: 8652285665

MLS Beds 4

MLS Full Baths 1

Half Baths N/A

MLS Sale Price $195,000

MLS Sq Ft 1,683

Lot Sq Ft 24,702

Yr Built 1949

Type SFR

MLS Sale Date 05/26/2010

OWNER INFORMATION

Owner Name

Plaskett Scott C

Mailing ZIP 4

4549

Mailing Address

7620 Newton St

Mailing Carrier Route

C020

Mailing City & State

Westminster, CO

Owner Occupied

Yes

Mailing Zip

80030

LOCATION INFORMATION

Property Zip

80030

Census Tract

96.03

Property Zip4

4549

Neighborhood Code

Westminster-220

Property Carrier Route

C020

Township

02S

School District

Westminster Pub Schl

Range

68W

Elementary School

Westminster

Section

31

Middle School

Shaw Heights

Quarter

NE

High School

Westminster

Block

22

Subdivision

Harris Park

TAX INFORMATION

PIN

R0063979

% Improved

82%

Alternate PIN

1719-31-1-23-006

Tax District

555

Schedule Number

R0063979

Legal Description

SUB:HARRIS PARK BLK:22 DESC: BEG AT A PT 125 FT N OF SW CO R BLK 22 TH E 214/80 FT TH N 115 FT TH W 214/80 FT TH S 115 FT TO POB AND TOG WITH BOUNDARY LINE ADJUSTMENT IN REC NO 20 16000098739

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$83,000

$80,000

$80,000

Market Value - Improved

$390,525

$284,863

$284,863

Market Value - Total

$473,525

$364,863

$364,863

Assessed Value - Land

$5,930

$5,720

$5,720

Assessed Value - Improved

$27,920

$20,370

$20,370

Assessed Value - Total

$33,850

$26,090

$26,090

YOY Assessed Change (%)

29.74%

0%

YOY Assessed Change ($)

$7,760

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,678

2020

$2,683

$5

0.19%

2021

$3,441

$757

28.23%

CHARACTERISTICS

Lot Acres

0.5671

MLS Total Baths

2

Lot Sq Ft

24,702

Baths - Full

Tax: 2 MLS: 1

Land Use - County

Single Family Resid

Stories

1

Land Use - CoreLogic

SFR

Fireplace

Y

Building Type

Residential

Fireplaces

1

Style

Ranch

Cooling Type

Central

Year Built

1949

Heat Type

Forced Air

Bldg Sq Ft - Above Ground

1,683

Garage Type

Attached Garage

Bldg Sq Ft - Total

1,683

Garage Capacity

MLS: 2

Bldg Sq Ft - Finished

1,683

Garage Sq Ft

672

Bldg Sq Ft - 1st Floor

1,683

Roof Material

Composition Shingle

Basement Type

MLS: Slab

Construction

Frame

# Buildings

1

Exterior

Frame

Property Details

Courtesy of Clint Moll, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/13/22 Page 1/3


Total Rooms

7

Quality

Fair

Bedrooms

4

Equipment

Whe, Ssk

Baths - Total

2

FEATURES

Feature Type

Size/Qty

Cvrd Slab

180

Laundry Facility

1

Water Heater

1

Sink Standard

1

Bath 4

2

Attached

672

Allowance

1

Encl Screen

400

Hvac-Fireplace-Single Story

1

Hvac-Central Air To Air Averag

1,683

Building Description

Building Size

Single Family

1

SELL SCORE

Rating

Low

Sell Score

455

Value As Of

2022-06-12 05:08:09

ESTIMATED VALUE

RealAVM™

$454,600

Confidence Score

61

RealAVM™ Range

$377,318 - $531,882

Forecast Standard Deviation

17

Value As Of

06/06/2022

(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

874311

MLS Close Price

$195,000

MLS Days On Market

13

MLS Listing Contract Date

04/15/2010

MLS Source

REcolorado

MLS Close Date

05/26/2010

MLS Status

Closed

MLS List Office Name

RE/MAX MASTERS INC

MLS Status Change Date

05/29/2010

MLS List Agent Full Name

012663-Dale R Becker

MLS Current Price

$199,950

MLS Buyer Agent Full Name

63843-Peter Cerf

MLS Original List Price

$199,950

MLS Buyer Office Name

MB CERF & ASSOCIATES LLC

Sale Date

05/26/2010

Deed Type

Warranty Deed

Sale Price

$195,000

Owner Name

Plaskett Scott C

Price per SqFt - Finished

$115.86

Seller

Huwa Dennis P

Document Number

35737

LAST MARKET SALE & SALES HISTORY

Sale Date

05/26/2010

11/10/2000

Sale Price

$195,000

$200,000

Buyer

Plaskett Scott C

Huwa Dennis P

Orr Judith A

Seller

Huwa Dennis P

Orr Judith A

Orr Robert A

Document Number

35737

6322-578

2950-333

Document Type

Warranty Deed

Warranty Deed

Quit Claim Deed

Title Company

Land Title Guarantee

First American Heritage Title

Nominal

Y

MORTGAGE HISTORY

Mortgage Date

09/20/2016

10/04/2012

12/06/2010

05/28/2010

01/17/2006

Mortgage Amount

$75,500

$207,590

$203,218

$199,192

$142,000

Mortgage Lender

Westminster Fcu

National Bk/Ks Cty

National Bk/Ks Cty

National Bk/Ks Cty

World Svgs Bk Fsb

Borrower

Plaskett Scott C

Plaskett Scott C

Plaskett Scott C

Plaskett Scott C

Huwa Dennis P

Borrower Mortgage Type Property Details

Wise Geraldine J Conventional

Va

Va

Va

Courtesy of Clint Moll, 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.

Conventional Generated on: 06/13/22 Page 2/3


Mortgage Purpose

Refi

Refi

Refi

Resale

Mortgage Int Rate Type

Refi Adjustable Int Rate Loa n

Mortgage Term

15

30

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Transtar Nat'l Title

Lenders First Choice Ti tle

Mortgage Date

10/03/2002

11/13/2000

Mortgage Amount

$157,000

$160,000

Mortgage Lender

World Svgs Bk Fsb

Clarion Mtg Cap Inc

Borrower

Huwa Dennis P

Huwa Dennis P

Borrower

Wise Geraldine J

Mortgage Type

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Mortgage Int Rate Type

Adjustable Int Rate Loan

Mortgage Term

30

30

Mortgage Term

Years

Years

Title Company

Commonwealth Title Co

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Clint Moll, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/13/22 Page 3/3


6/13/22, 11:36 AM

Matrix

Map of Property Locations

7620 Meade Street, Westminster, Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:

CO 80030 7441575 Closed 05/11/22 $625,000 SFR 2,240 4/3 303-573-7469

7672 Newton Street, Westminster, CO 80030 Listing Id: 7342376 Status: Closed 04/13/22 Price: $545,000 3 Subtype: SFR Ttl SqFt: 1,456 Bd/Bth: 3/2 Show #: 303-573-7469

7672 Newton Street, Westminster, CO 80030 Listing Id: IR960420 Status: Closed 04/13/22 Price: $545,000 Subtype: SFR 2 Ttl SqFt: 1,456 Bd/Bth: 3/2 Show #: 303-573-7469

7715 Osceola Street, Westminster, CO 80030 Listing Id: 2901534 Status: Closed 04/19/22 Price: $427,000 Subtype: SFR 4 Ttl SqFt: 1,236 Bd/Bth: 3/1 Show #: 303-573-7469

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6/13/22, 11:39 AM

Matrix

Full Property View - Client

7715 Osceola Street, Westminster, CO 80030

----

$427,000 - Closed

Listing Listing ID:

2901534

MLS Status: Closed Close Price: $427,000 County: Adams List Price: $417,500 Property Type: Residential Original List Price: $417,500 Property Subtype: Single Family Residence Structure Type: House Basement: No Levels: One Year Built: 1949 Subdivision Name: Harris Park Listing Contract Date: 03/28/2022 Spec. Listing Cond: None Known Purchase Contract Date: 03/31/2022 Contingency: None Known Close Date: 04/19/2022 Days in MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,150 Tax Year: 2020 Special Taxing/Metro District Y/N: No Tax Legal Desc: SUB:HARRIS PARK BLK:15 DESC: PARC IN BLK 15 BEG AT SE COR SD BLK TH W ALG S LN 135 FT TH N AT RT ANG AND // TO E LN SD BLK 150 FT TH E AND // TO S LN BLK 15 135 FT TO E LN SD BLK TH S 150 FT TO POB EXC S 80 FT

Interior Area & SqFt Building Area Total (SqFt Total): 1,236 Living Area (SqFt Finished): 1,236 Area Source: Public Records Above Grade Finished Area: 1,236 PSF Total: $345 PSF Above Grade: $345 PSF Finished: $345 Basement: Crawl Space, Interior Entry/Standard Bsmnt Ceiling Ht: Foundation: Block, Concrete Perimeter Fireplace: Heating: Natural Gas Cooling: Central Air HVAC Description: Interior Features: Laminate Counters Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Carpet, Concrete, Wood Detector(s), Video Doorbell Appliances: Cooktop, Disposal, Dryer, Washer Furnished: Unfurnished Exclusions: Refrigerator, Dog grooming tub and table.

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

3 0 3 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

1 0 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 0 0 0

Detailed Room Info Room Type Bathroom (Full) Bedroom Bedroom Bedroom Dining Room Family Room Bonus Room Laundry

Rm Level Main Main Main Main Main Main Main Main

Parking Total: Parking Type None Parking Features:

6

Dimensions Description in middle of all bedrooms smaller room in corner of home end room corner of home master spacious and tucked away past the living area and by the kitchen in entry Off of Kitchen in Back of home has water connections in the kitchen area closet

Parking Garage Spaces: 0 Parking Length Parking Width

# of Spaces 6 Driveway-Dirt, Driveway-Gravel

Offstreet Spaces: Parking Description long drive way

0

Site & Location Information Lot Size: Current Use: Road Surf/Front:

0.22 Acres / 9,450 SqFt

Fencing:

None/None

Road Responsibility: Elementary School: Harris Park / Westminster Public Schools Middle/Junior Sch: Shaw Heights / Westminster Public Schools High School: Westminster / Westminster Public Schools School of Choice: Yes Zoning: residential View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

R0063849 Yes 28

Full

Building Information Architectural Style: Direction Faces: East Construction Materials: Concrete, Frame

View:

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6/13/22, 11:39 AM

Matrix

Roof: Composition Property Condition: Fixer Patio/Porch Feat: Covered, Front Porch

Exterior Features: Builder Name: Pool Features:

Builder Model:

Water & Utilities Water Included: Utilities:

Yes Water Source: Public Cable Available, Electricity Available, Natural Gas Connected, Phone Available

Sewer: Electric:

Public Sewer 220 Volts

Public Remarks Wonderful bones for your next project. Great outdoor space to work on your outdoor projects. Ample parking spaces. Home has great potential for a first time buyer to grow and have some sweat equity. Home has a main level for bedrooms and living room. A sunken dinning room and kitchen that lead to the open space in the back yard. Great for gardening. Need storage? Home will come with 3 sheds in the back yard. 1 of the sheds has a loft that can easily be made into a private retreat or workshop area. Some TLC will be needed to make this your home but is livable and cozy while you do the work. INFO-work to be done in agent remarks

Directions hwy 36 to Federal Blvd north to 80th ave. West to Lowell. Go south and take a right on frontage road then a left on Osceola. House will be on the right. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/13/2022 11:38:44 AM

Photos

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Matrix

7672 Newton Street, Westminster, CO 80030

$545,000 - Closed

----

Listing Listing ID:

IR960420

MLS Status: Closed Close Price: $545,000 County: Adams List Price: $440,000 Property Type: Residential Original List Price: $440,000 Property Subtype: Single Family Residence Structure Type: House Basement: No Levels: One Year Built: 1946 Subdivision Name: Harris Park Listing Contract Date: 03/09/2022 Spec. Listing Cond: Purchase Contract Date: 03/14/2022 Contingency: Close Date: 04/13/2022 Days in MLS: 6 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $2,245 Tax Year: 2020 Tax Legal Desc: SUB:HARRIS PARK DESC: BEG AT PT 190 FT S OF NW COR BLK 22 TH S 60 FT TH E 180 FT TH N 60 FT TH W 180 FT TO BEG

Interior Area & SqFt Building Area Total (SqFt Total): 1,456 Living Area (SqFt Finished): 1,456 Area Source: Assessor Above Grade Finished Area: 1,456 Below Grade Total Area: 0 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 PSF Total: PSF Above Grade: $374 PSF Finished: $374 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Fireplace: Heating: Forced Air Cooling: Central Air HVAC Description: Central Air Conditioning Interior Features: Open Floorplan Security Features: Flooring: Vinyl, Wood Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer Other Equipment: Satellite Dish Laundry: In Unit

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

3 0 3 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

2 0 2 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 1 0

Detailed Room Info Room Type Primary Bedroom Bedroom Bedroom Dining Room Kitchen Laundry Living Room Primary Bathroom (3/4) Bathroom (Full)

Rm Level Main Main Main Main Main Main Main

Parking Total: Parking Type Off-Street

2

Dimensions 14 x 12 12 x 11 12 x 11 13 x 9 13 x 11 12 x 9 17 x 17

Description Carpet Carpet Carpet Carpet Wood Vinyl Carpet

Main Main

Parking # of Spaces 2

Garage Spaces: Parking Length Parking Width

Offstreet Spaces: Parking Description

2

Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:

0.25 Acres / 10,800 SqFt

Fencing:

Level Paved/Public Road

Road Responsibility: Elementary School: Other / Westminster Public Schools Middle/Junior Sch: Other / High School: Westminster / Westminster Public Schools School of Choice: Zoning: RES View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

Partial

R0063976

Building Information Architectural Style: Contemporary Direction Faces: West Construction Materials: Wood Frame Roof: Composition Patio/Porch Feat: Deck

View: Exterior Features: Pool Features:

Water & Utilities Water Included:

Water Source:

Public

Sewer:

Public Sewer

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6/13/22, 11:39 AM Water Tap Paid: Utilities:

Matrix No Water Tap Fee: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Water/Mineral Rights: Electric:

Public Remarks Lovingly maintained and surprisingly spacious, this ranch home has a lot to love. Inviting, large living room is open to dining and kitchen for great sight lines. Both bathrooms have been tastefully updated. The pride of ownership is clear and this house is truly worry-free: newer, furnace, AC, tankless water heater, windows, electrical panel, sewer and roof. Thousands invested in the big stuff means the house is move-in ready, but would be the perfect canvas for a new owner's cosmetic vision Situated on a quarter acre lot on a quiet street, the yard boasts a huge storage shed, covered deck and plenty of space to build your dream garage. Amazing commuter location, walkable to Westminster rail station, just 15 minutes to downtown and 20 minutes to Boulder.

Directions From Sheridan, East on 76th Ave to Newton St. North on Newton to property. All data deemed reliable but not guaranteed. © IRES LLC 2022.

Generated on: 06/13/2022 11:38:44 AM

Photos

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6/13/22, 11:39 AM

Matrix

7672 Newton Street, Westminster, CO 80030

----

$545,000 - Closed

Listing Listing ID:

7342376

MLS Status: Closed Close Price: $545,000 County: Adams List Price: $440,000 Property Type: Residential Original List Price: $440,000 Property Subtype: Single Family Residence Structure Type: House Basement: No Levels: One Year Built: 1946 Subdivision Name: Harris Park Listing Contract Date: 03/09/2022 Spec. Listing Cond: None Known Purchase Contract Date: 03/14/2022 Contingency: None Known Close Date: 04/13/2022 Days in MLS: 5 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,245 Tax Year: 2020 Tax Legal Desc: SUB:HARRIS PARK DESC: BEG AT PT 190 FT S OF NW COR BLK 22 TH S 60 FT TH E 180 FT TH N 60 FT TH W 180 FT TO BEG

Interior Area & SqFt Building Area Total (SqFt Total): 1,456 Living Area (SqFt Finished): 1,456 Area Source: Above Grade Finished Area: 1,456 PSF Total: $374 PSF Above Grade: $374 PSF Finished: Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Fireplace: Heating: Electric, Forced Air Cooling: Central Air HVAC Description: Interior Features: Laminate Counters, No Stairs, Open Floorplan Security Features: Flooring: Carpet Window Features: Double Pane Windows Spa Features: Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer Exclusions: None

$374

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

3 0 3 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

2 0 2 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 1 0 0

Detailed Room Info Room Type Living Room Dining Room Kitchen Laundry Primary Bedroom Bedroom Bedroom Bathroom (Full) Bathroom (3/4)

Rm Level Main Main Main Main Main Main Main Main Main

Dimensions 17 x 17 13 x 9 13 x 11 12 x 9 14 x 12 12 x 11 12 x 11

Description Carpet Carpet Wood Vinyl Carpet Carpet Carpet

Parking Parking Total: Parking Type Off-Street Parking Features:

2

# of Spaces 2 Concrete

Garage Spaces: 0 Parking Length Parking Width

Offstreet Spaces: Parking Description

2

Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:

0.25 Acres / 10,890 SqFt

Fencing:

Level Paved/Public Road

Road Responsibility: Public Maintained Road Elementary School: Westminster / Westminster Public Schools Middle/Junior Sch: Shaw Heights / Westminster Public Schools High School: Westminster / Westminster Public Schools School of Choice: Zoning: RES View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

Full

R0063976 Yes 40

Building Information Architectural Style: Direction Faces: West View: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Patio/Porch Feat: Covered, Deck, Front Pool Features: Porch

Private Yard, Rain Gutters

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6/13/22, 11:39 AM

Matrix

Water & Utilities Water Included: Utilities:

Yes Water Source: Public Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Connected, Phone Available

Sewer: Electric:

Public Sewer

Public Remarks Lovingly maintained and surprisingly spacious, this ranch home has a lot to love. Inviting, large living room is open to dining and kitchen for great sight lines. Both bathrooms have been tastefully updated. The pride of ownership is clear and this house is truly worry-free: newer, furnace, AC, tankless water heater, windows, electrical panel, sewer and roof. Thousands invested in the big stuff means the house is move-in ready, but would be the perfect canvas for a new owner's cosmetic vision. Situated on a quarter acre lot on a quiet street, the yard boasts a huge storage shed, covered deck and plenty of space to build your dream garage. Amazing commuter location, walkable to Westminster rail station, just 15 minutes to downtown and 20 minutes to Boulder.

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/13/2022 11:38:44 AM

Photos

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8/14


6/13/22, 11:39 AM

Matrix

7620 Meade Street, Westminster, CO 80030

----

$625,000 - Closed

Listing Listing ID:

7441575

MLS Status: Close Price: County: Adams List Price: Property Type: Residential Original List Price: Property Subtype: Single Family Residence Structure Type: House Basement: Levels: Bi-Level Year Built: Subdivision Name: Harris Park Listing Contract Date: 04/22/2022 Spec. Listing Cond: Purchase Contract Date: 04/24/2022 Contingency: Close Date: 05/11/2022 Days in MLS: 2 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $3,123 Tax Year: Tax Legal Desc: SUB:HARRIS PARK DESC: N 70 FT OF S 125 FT OF BLK 23

Closed $625,000 $559,000 $559,000 No 1973 None Known None Known $0.00 2021 150 FT OF W

Interior Area & SqFt Building Area Total (SqFt Total): 2,240 Living Area (SqFt Finished): 2,240 Area Source: Above Grade Finished Area: 2,240 PSF Total: $279 PSF Above Grade: $279 PSF Finished: Foundation: Raised Fireplace: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Kitchen Island, Primary Suite Security Features: Security System Flooring: Carpet, Laminate Window Features: Skylight(s) Spa Features: Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Exclusions: Seller's personal property and staging items.

Public Records $279

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

4 3 0 1 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

3 2 0 1 0

Bathrooms Full: Three Quarter: Half: One Quarter:

2 1 0 0

Detailed Room Info Room Type Kitchen Dining Room Primary Bedroom Bedroom Bedroom Living Room Bedroom Bathroom (Full) Bathroom (Full) Bathroom (3/4)

Rm Level Upper Upper Upper Upper Upper Lower Lower Upper Upper Lower

Dimensions Description 10 x 10 12 x 11 12 x 14 10 x 10 10 x 12 16 x 18 10 x 13 Primary Bathroom-en-suite

Parking Parking Total: 2 Parking Type # of Spaces Garage (Attached) 2 Parking Features: Finished

Garage Spaces: 2 Parking Length Parking Width

Offstreet Spaces: Parking Description

0

Site & Location Information Lot Size: Current Use: Road Surf/Front:

0.20 Acres / 8,750 SqFt

Fencing:

Paved

Road Responsibility: Elementary School: Westminster / Westminster Public Schools Middle/Junior Sch: Shaw Heights / High School: Westminster / Westminster Public Schools School of Choice: View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Walk Score:

R0064018 44

Full

Building Information Architectural Style: Traditional Entry Level/Loc:

Common Walls:

Direction Faces: West View: City Construction Materials: Brick, Frame, Wood Siding Roof: Composition Exterior Features: Property Condition: Updated/Remodeled Builder Name: Patio/Porch Feat: Deck Pool Features:

No Common Walls Playground, Private Yard Builder Model:

Water & Utilities https://matrix.recolorado.com/Matrix/Printing/PrintOptions.aspx?c=AAEAAAD*****AQAAAAAAAAARAQAAAEQAAAAGAgAAAAQ0MjE1BgMAAAAB…

11/14


6/13/22, 11:39 AM Water Included: Utilities:

Matrix Yes Water Source: Cable Available, Electricity Connected

Public

Sewer: Electric:

Public Sewer

Outbuildings # of Outbuildings: 1 Outbuilding Type SqFt Shed(s)

Stories Yr Blt Stalls Doors Length/Width Floor

Stall Floor

Features

Description Utility Shed

Public Remarks Enjoy the alluring walkway to your new home. Beautifully remodeled 4 bedroom, 3 bathroom home in Harris Park! This open concept layout boasts loads of natural light through large, double pane windows and skylight. The chestnut floors flow into an eclectic shiplap accent wall leading into a newly remodeled kitchen which includes stainless steel appliances, granite counters and a spacious center island. The kitchen provides access to a new composite deck. The newly landscaped large backyard with play area, great for your outdoor enjoyment. Two raised, wooden beds, along with a larger brick garden bed await those avid gardeners! Plus a shed for your storage needs. New hot water heater, furnace and AC - 2020. Main drain was replaced and new front yard landscaping! New fence and sprinkler systems installed. The sprinkler system is controlled by b-hyve(bluetooth). A large finished lower level with a newly remodeled laundry room. Extra bedroom and space for your creativity, home theater, playroom, hobby area, etc. Industrial shelving installed in the guest bathroom, living room and hallway with coat hooks. Ring doorbell and Nest Thermostat. NO HOA. Easy access to Denver and Boulder. Minutes from RTD Westminster Station including Light Rail B Line connection. Westminster to Downtown. Walking distance to VASA fitness center, CO STEM academy, Westminster Historic Art District and more. Professional photos will be uploaded on Tuesday 4-19.

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 06/13/2022 11:38:44 AM

Photos

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12/14


6/13/22, 11:39 AM

Matrix

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13/14


This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/13/2022 to 12/15/2021 Latitude, Longitude is within 0.25 mi of 7620 Newton St, Westminster, CO 80030, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Westminster

3

1

1,236

1,236

1,236

04/19/22

$345

$345

IR960420 7672 Newton ST

Westminster

3

2

1,456

1,456

1,456

04/13/22

$374

7342376 7672 Newton ST

Westminster

3

2

1,456

1,456

1,456

04/13/22

$374

7441575 7620 Meade ST

Westminster

4

3

2,240

2,240

2,240

05/11/22

$279

Averages:

1,597

1,597

1,597

$343

Listing ID Address

City

2901534 7715 Osceola ST

Count: 4

Closed Price:

Report Totals

Presented By: Clint Moll Generated on: 06/13/2022

Count : 4

Averages:

High $625,000

SqFt Abv 1,597

SqFt Ttl 1,597

List Price Close Price

CP/OLP

3

417,500

$417,500 $427,000

102%

$374

6

440,000

$440,000 $545,000

124%

$374

$374

5

440,000

$440,000 $545,000

124%

$279

$279

559,000

$559,000 $625,000

112%

$333

$333

2 4

$464,125

$464,125 $535,500

115%

Orig Price $464,125

List Price Close Price $464,125 $535,500

CP/OLP 115 %

Low $427,000 Sqft Fin 1,597

PSF Abv $ 343

PSF Fin DIM Orig Price

$345

Median $545,000 PSF Ttl

$333

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

PSF Fin $333

CMA 1-Line Page 1 of 1


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.


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.


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