at Keller Williams Integrity
MarComparativeketAnalysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Jewels Purohit SEPTEMBER 13, 2022
Mark Lovett
1 Land Use County Townhouse Improvement Baths Half MLS: 1 Land Use CoreLogic Townhouse/Rowhouse Stories 1 Building Type Townhouse Fireplace Y Style Townhouse Fireplaces 1 Year Built 2006 Cooling
YOY Assessed Change (%) 2 77% 3 86% 0%
% Improved 93%
1 MLS
MLS Full Baths
3862 Tranquility Trl, Castle Rock, CO 80109-3545, Douglas County APN: R0450744 CLIP: 8837286268 MLS Beds 3
Mailing ZIP 4 3545 Mailing Address 3862 Tranquility Trl Mailing Carrier Route H070 Mailing City & State Castle Rock, CO Owner Occupied Yes Mailing Zip 80109
Alternate PIN 235133221021 Tax District 1750 Schedule Number 0450744
TAX INFORMATION
Property Zip 80109 Census Tract 144.10 Property Zip4 3545 Neighborhood Code 432 432 Property Carrier Route H070 Township 07 School District Douglas County Re 1 Range 67 Elementary School Soaring Hawk Section 33 Middle School Castle Rock Quarter NW High School Castle View Lot 131 Subdivision Meadows The
Legal Description LOT 131 MEADOWS NO 11 PARCE L 5 0.025 AM/L
OWNER INFORMATION
Assessed Value Total $22,780 $23,430 $22,560 $22,560
Market Value Total $327,698 $327,698 $315,584 $315,584
Owner Name Proano Joffre Alexander
YOY Assessed Change ($) $650 $870 $0
Bldg Sq Ft Finished 1,491 Garage Capacity
Baths Total 3 Quality Average Property Details Courtesy of Mark Lovett, REcolorado Generated on:09/12/22 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
Sq Ft 1,491 Lot Sq Ft 1,089 Yr Built 2006 Type TH/RH
PIN R0450744
ASSESSMENT & TAX
Price $331,000 MLS Sale Date 01/14/2020
Assessed Value Land $1,670 $1,720 $1,640 $1,640 Assessed Value Improved $21,110 $21,710 $20,920 $20,920
Assessment Year 2022 Preliminary 2021 2020 2019
1
Market Value Land $24,000 $24,000 $23,000 $23,000 Market Value Improved $303,698 $303,698 $292,584 $292,584
# Buildings 1 Garage
Bedrooms 3 Exterior
MLS
CHARACTERISTICS Lot Acres 0 025 MLS Total Baths 3 Lot Sq Ft 1,089 Baths Full Tax: 3
Tax Year Total Tax Change ($) Change (%) 2019 $2,334 2020 $2,326 $8 0 33% 2021 $2,404 $78 3 34% MLS: Type Central Built-In MLS: 2 Sq Ft Shingle Frame
Central Bldg Sq Ft Above Ground 1,491 Heat Type
Bldg Sq Ft Total 1,491 Garage Type
LOCATION INFORMATION
420 Total Rooms 7 Roof Material Composition
MLS Half Baths Sale
MLS Listing Date 06/13/2018 04/16/2015 10/13/2011
MLS Close Price $331,000
Buyer Proano Joffre A Chavez Anne M Byers Carroll C Nalls Welby M III Seller Chavez Anne M Byers Carroll C Nalls Welby M III Hud Housing Of Urban Dev Document Number 4509 46387 35915 76700
MLS Original List Price $337,500
Property Details Courtesy of Mark Lovett,
MLS Days On Market 44
MORTGAGE HISTORY
MLS Buyer Agent Full Name 046763 Steve Nickerson
MLS Close Date 07/30/2018 05/26/2015 12/05/2011
LISTING INFORMATION
LAST MARKET SALE & SALES HISTORY
REcolorado Generated on:09/12/22 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
Borrower Proano Joffre A Proano Joffre A Proano Joffre A Chavez Anne M Nalls Welby M III Mortgage Type Va Va Va Fha Conventional Mortgage Purpose Refi Refi Resale Resale Resale Mortgage Int Rate 2 875 Mortgage Int Rate Type Adjustable Int Rate Loa n
MLS Listing # 8943349 9775315 1042732
MLS Buyer Office Name KELLER WILLIAMS EXECUTIVES
MLS Listing Price $325,000 $250,000 $165,000 MLS Orig Listing Price $325,000 $250,000 $165,000 MLS Listing Close Price $322,500 $247,500 $163,000
Document Type Special Warranty Deed Warranty Deed Warranty Deed Special Warranty Deed Title Company Prestige Title & Escrow Heritage Title Co. First American Title American Title Svcs
Mortgage Purpose 1st Time Sale Mortgage Int Rate 5.5 Mortgage Int Rate Type Mortgage Term 30 Mortgage Term Years Title Company
Mortgage Date 09/10/2021 10/26/2020 01/22/2020 08/01/2018 12/06/2011 Mortgage Amount $327,153 $331,700 $331,000 $316,658 $130,400 Mortgage Lender Freedom Mtg Corp Homebridge Finl Svcs I nc Homebridge Fin'l Svcs Inc US Bk Na Wells Fargo Bk Na
MLS Listing Id 2927712
Deed Type Special Warranty Deed Sale Price $331,000 Owner Name Proano Joffre Alexander Price per SqFt Finished $222 00 Seller Chavez Anne M Document Number 4509
Document Type Certificate Of Purchase Notice Of Trustee's Sale Foreclosure Filing Date 11/26/2010 Recording Date 08/17/2011 12/09/2010
Mortgage Term 30 30 30 30 30 Mortgage Term Years Years Years Years Years Title Company Other Homestead Title & Esc row
Borrower Conner Kimberley J Mortgage Type Fha
MLS Current Price $335,000
MLS Listing Contract Date 11/01/2019
MLS Status Change Date 01/15/2020
MLS List Agent Full Name 025006-Marie Hunter
MLS Source History REcolorado REcolorado REcolorado MLS Status Closed Closed Closed
Sale Date 01/14/2020
FORECLOSURE HISTORY
Sale Date 01/14/2020 07/30/2018 05/26/2015 12/05/2011 Sale Price $331,000 $322,500 $247,500 $163,000
Mortgage Amount $189,446 Mortgage Lender First Mtg Co LLC
MLS Status Closed MLS List Office Name RE/MAX PROFESSIONALS
MLS Source REcolorado
MLS Close Date 01/14/2020
Mortgage Date 06/24/2009
Document Number 49878 87068
Original Document Number 49859 49859
Original Doc Date 06/24/2009 06/24/2009
Final Judgment Amount $187,106 $187,106
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Mark Lovett, REcolorado Generated on:09/12/22 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: P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 3862 Tranquility Trl 3 3.00 1,491 2 7936978 P 3735 Tranquility Trail 3 3.00 1,539 $450,000 3 9159157 P 4101 Nordland Trail 3 3.00 1,491 $460,000 4 9229760 S 3505 Tranquility Trail 3 3.00 1,539 $461,000 5 3158708 S 3928 Nordland Trail 3 3.00 1,539 $460,000 6 3029688 S 4115 Nordland Trail 2 3.00 1,583 $485,000 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 4
ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE
3505 Tranquility Trail 8/16/22 $461,000 $462,800 0 4% 3928 Nordland Trail 7/20/22 $460,000 $463,700 0.8% 4115 Nordland Trail 4/7/22 $485,000 $496,300 2 3%
3735 Tranquility Trail $450,000 $449,700 0 1% 4101 Nordland Trail $460,000 $460,002 0 0%
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 5
Online Valuation Analysis
Source: Zillow
Zestimates varied up to 2.3% or $11,300 compared to actual MLS prices.
accurate are
2 Pending 3 Sold
P
2.3% $11,300
How Zestimates?
S
ADDRESS PRICE ZESTIMATE DIFFERENCE
Listing Terms: Cash, Conventional, FHA, VA Loan
Association Fee 2: 235
Association Name 2: The Meadows Community Association Phone: 303-804-9800
Association Yn: true
3 Beds 3.00 Baths
Features
High: Castle View Middle: Castle Rock
Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven
Style: Contemporary Full baths: 1.0 3/4 Baths: 1.0
Association Fee 2
Main Level Bathrooms: 1
Elementary: Soaring Hawk
Cooling: Central Air
Construction Materials: Frame, Wood Siding
Parking Total: 2
$450,000
Year Built 2010 Days on market: 28
Details
Building Area Source: Public Records
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 6
Association Amenities: Clubhouse, Pool, Tennis Court(s)
Lot Size (sqft): Garages: 2
Off-market date: 8/16/22
Association Phone 2: 303-420 4433
Flooring: Carpet, Laminate, Wood Heating: Forced Air
Exterior Features: Private Yard, Rain Gutters
Half baths: 1.0
Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, Open Floorplan, Primary Suite Levels: Two
Living Area Total: 1539
List Price: $450,000
Association Fee
Orig list price: $469,000
1,539 Sq. Ft. ($292 / sqft)
Updated: Aug 19, 2022 4:28 AM
Frequency: Quarterly
Assoc Fee: $250 Taxes: $2,392
Pending date: 8/16/22
Prop Type: Multi-Family County: Douglas Subdivision: The Meadows
List date: 7/19/22
School District: Douglas RE 1
PENDING 8/16/22
3735 Tranquility Trail Castle Rock, CO 80109 MLS #7936978
Frequency: Monthly
Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash Association Name: Morgan's Run HOA
Patio And Porch: Covered, Front Porch Roof: Composition
Senior Community Yn: false
Remarks
Comparative Market Analysis 3862
Stunning Meadows 2-story Castle Rock townhome! 3 bedroom 3 bath home with 2 car garage! Feels like a single family home without all the upkeep and maintenance. Upon entering the home you will notice the open feel and natural light that spills throughout the home. Designer touches throughout! The living room has gorgeous wood wainscoting that adds a warm feel. Gorgeous primary suite with private bath along with ceiling fans, and vaulted ceilings in upstairs bedrooms. Xeriscaped front yard makes your life quite a bit easier. Resort-style community with pool, tennis courts, and clubhouse. You will love living in such an amazing neighborhood close to so many great parks, hiking and bike trails. Walking distance to the Grange which is a big hit with the Castle Rock folks. Acclaimed Douglas County Schools, and Redhawk Golf Club is nearby as well. Book your showing today! Tranquility Trail, Castle Rock,
Sewer: Public Sewer Structure Type: Townhouse
Tax Legal Description: LOT 208 MEADOWS NO 11 PARCEL 5 0.041 AM/L Tax Year: 2021
Window Features: Double Pane Windows
Colorado 80109 Mark Lovett Cell: 3038680312 7
3735 Tranquility Trail Castle Rock, CO 80109 MLS #7936978 $450,000 3 Beds 3.00 Baths 1,539 Sq. Ft. ($292 / sqft) PENDING 8/16/22 Year Built 2010 Days on market: 28 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109
Mark
Lovett Cell: 3038680312 8
School District: Douglas RE 1
3 Beds 3.00 Baths
List Price: $460,000
Elementary: Soaring Hawk
Association Yn: true Construction Materials: Frame
Laundry Features: In Unit
1,491 Sq. Ft. ($309 / sqft)
Assoc Fee: $250
Listing Terms: Cash, Conventional, FHA, VA Loan
4101 Nordland Trail Castle Rock, CO 80109 MLS #9159157
Features
Off-market date: 8/22/22
High: Castle View
Middle: Castle Rock
Association Name 2: Meadows Master Association Association Phone: 720 439-8184
Association Amenities: Clubhouse, Playground, Pool Association Fee 2: 225 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly
Cooling: Central Air
Lot Size (sqft): Garages: 2 List date: 7/16/22
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 9
Structure Type: Townhouse
Prop Type: Multi-Family County: Douglas Subdivision: The Meadows
7:19 AM
Senior Community Yn: false
Roof: Composition
Full baths: 2 0 Half baths: 1.0
Flooring: Carpet, Wood
Levels: Three Or More
Orig list price: $480,000
Heating: Forced Air
Pending date: 8/22/22
Main Level Bathrooms: 1 Parking Total: 2
Details
Sewer: Public Sewer
Year Built 2004 Days on market: 37
Living Area Total: 1491
Association Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash Association Name: Morgan's Run HOA
Appliances: Dishwasher, Microwave, Oven, Refrigerator
Updated: Aug 22, 2022
$460,000
Taxes: $2,284
PENDING 8/22/22
Association Phone 2: 303-814 2358
LOT 5 MEADOWS NO 11 PARCEL 5 0.025 AM/L
Tax Legal Description:
Tax Year: 2021
Remarks
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 10
This great 3 bedroom, 2.5 bathroom home features new carpet and paint throughout! The attached two car garage leads up to the main floor which boasts a spacious living room. Up a few stairs and you will be greeted by a fabulous flex space that would make a great office or playroom! This is just around the corner from the kitchen, half bath and laundry area. Upstairs you will find a primary retreat, 2 secondary bedrooms and a bathroom. The front of the home includes a great yard space for any of your outdoor inspiration to take hold! Don't miss this one, its a real gem!
4101 Nordland Trail Castle Rock, CO 80109 MLS #9159157 $460,000 3 Beds 3.00 Baths 1,491 Sq. Ft. ($309 / sqft) PENDING 8/22/22 Year Built 2004 Days on market: 37 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109
Lovett Cell: 3038680312 11
Mark
Association Phone: 720 439-8184
Year Built 2011 Days on market: 25
Prop Type: Multi-Family County: Douglas Subdivision: The Meadows
Elementary: Soaring Hawk
Includes: Capital Reserves, Insurance, Maintenance Grounds, Recycling, Snow Removal, Trash
Entry Location: Ground
List date: 6/24/22
List Price: $469,900
Lot Size (sqft): 1,786
Association Name 2: The Meadows HOA
Style: Contemporary Full baths: 1.0
Association Fee 2
Construction Materials: Frame, Wood Siding
$461,000
Association Amenities: Clubhouse, Parking, Pool, Spa/Hot Tub, Tennis Court(s)
Updated: Aug 18, 2022 4:45 AM
School District: Douglas RE 1
Building Area Source: Public Records
Direction Faces: West Distance To Bus Numeric: 6
Frequency: Monthly Association Fee
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator
Half baths: 1.0
3/4 Baths: 1.0
3505 Tranquility Trail Castle Rock, CO 80109 MLS #9229760
Association Name: Morgan's Run HOA
Common Walls: 1 Common Wall
Details
Orig list price: $485,000
CLOSED 8/16/22
Sold date: 8/16/22
Assoc Fee: $250 Taxes: $2,402
Association Phone 2: 303-814 2358
1,539 Sq. Ft. ($300 / sqft)
High: Castle View Middle: Castle Rock
Building Name: Morgans Run
Distance To Bus Units: Miles
Entry Level: 1
Frequency: Quarterly
Concessions: No
Association Fee
Garages: 2
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 12
Off-market date: 7/19/22
Association Yn: true
Association Fee 2: 235
Features
Cooling: Central Air
3 Beds 3.00 Baths
Zoning: RES
Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Heating: Forced Air, Natural Gas
Tax Legal Description: LOT 190 MEADOWS NO 11 PARCEL 5 0 041 AM/L
Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Patio
Laundry Features: In Unit
Road Frontage Type: Public Road Road Responsibility: Public Maintained Road
Senior Community Yn: false
Sewer: Public Sewer Structure Type: Townhouse
Living Area Total: 1539 Lot Features: Greenbelt, Master Planned, Open Space
Water Source: Public Window Features: Double Pane Windows, Window Coverings
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 13
Interior Features: Ceiling Fan(s), Five Piece Bath, Open Floorplan, Primary Suite, Smoke Free, Tile Counters, Walk-In Closet(s)
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected View: Mountain(s)Meadow,
Tax Year: 2021
Fencing: Full Flooring: Carpet, Laminate, Tile Foundation Details: Slab
Stylish Townhome in The Meadows @ Morgans Run*Perfectly situated West facing with fantastic mountain views and open space!Relax on your fenced in patio and soak up the sun. Modern designer features throughout. Thoughtful flooplan that maximizes all the space. Welcome in to a beautiful sun filled drenched great room, with vaulted ceiling, newer windows & pre wired for light fixture or ceiling fan. Flow through living and dining. Great kitchen space that includes all the appliances, under cabinet lighting, breakfast bar, tile countertop and flooring. Laundry includes 3 year old Maytag washer and dryer. Open and Airy you will be delighted and want to call it "home" Stroll upstairs to 3 bedrooms that are all generous size and feature Luxury vinyl flooring. Primary bedroom is inviting and made for relaxation at the end of the day. Ensuite 5 piece bath, soaking tub, separate shower and double vanity. Upstairs additional bath, has private door to bedroom. Attached 2 car garage. This neighborhood has plenty of additional parking for your guests. Dog park, and trails are just steps away. Minutes from Restaurants, cafe's, bars, movies, parks & hospital make this a perfect location. Pool & Clubhouse, Tennis & more. Easy access to freeway. Come see yourself what makes this home special!
Virtual Tour: View
Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan
Exterior Features: Private Yard, Rain Gutters
Remarks
3505 Tranquility Trail Castle Rock, CO 80109 MLS #9229760 $461,000 3 Beds 3.00 Baths 1,539 Sq. Ft. ($300 / sqft) CLOSED 8/16/22 Year Built 2011 Days on market: 25 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109
Cell: 3038680312 14
Mark Lovett
Sold date: 7/20/22
Concessions: No Construction Materials: Frame
Appliances: Refrigerator Association Amenities: Clubhouse, Pool, Trail(s)
List date: 6/17/22
Cooling: Central Air Electric: 110V, 220 Volts
Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash
CLOSED 7/20/22
Lot Size (sqft): Garages: 2
Listing Terms: Cash, Conventional, FHA
List Price: $469,000
Association Name: Morgan's Run HOA Association Name 2: Meadows Master Assoc Association Phone: 720 439-8184
Off-market date: 6/20/22
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 15
3928 Nordland Trail Castle Rock, CO 80109 MLS #3158708
Exterior Features: Private Yard
3 Beds 3.00 Baths
Year Built 2005 Days on market: 3
Association Phone 2: 303-814 2358
Fireplaces Total: 1 Flooring: Carpet, Wood
Updated: Jul 22, 2022 2:29 PM
Middle: Castle Rock Elementary: Soaring Hawk
$460,000
School District: Douglas RE 1
Association Fee 2: 225 Association Fee 2
Details
Common Walls: No One Above, No One Below, 2+ Common Walls
Full baths: 1.0
Prop Type: Multi-Family County: Douglas Subdivision: The Meadows
Features
Association Yn: true
Orig list price: $469,000
Heating: Forced Air Levels: Two
High: Castle View
3/4 Baths: 1.0 Quarter baths: 1.0
1,539 Sq. Ft. ($299 / sqft)
Frequency: Monthly
Frequency: Quarterly Association Fee
Fireplace Features: Family Room
Living Area Total: 1539
Assoc Fee: $250 Taxes: $2,330
Welcome to 3928 Nordland Trail, this wonderfully maintained Townhome is conveniently located in the highly desired Meadows Neighborhood. This townhome has it all, Upon entering from the attached two car garage you are greeted with real stained hardwood floors and a new and freshly painted home. The living room has a gas fireplace for those cold Colorado evenings and the kitchen is the perfect size to cook all of your favorite meals. The high bar top is perfect to entertain while working in the kitchen and the dining room is the perfect size to entertain friends and family. The Primary Suite is spacious and boasts its own ensuite bathroom. The other two bedrooms are very spacious and share a 3/4 bathroom on the upper level. This home also boasts a front fenced in patio where you can watch the sunset over the majestic Rocky Mountains with friends and family. Close to shopping and conveniently located near The Meadows Recreation Center, this townhome is a prize in itself. Welcome home!
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 16
Parking Total: 2
Structure Type: Townhouse
Tax Year: 2021
Remarks
Senior Community Yn: false
Patio And Porch: Front Porch
Sewer: Public Sewer
Roof: Composition
Main Level Bathrooms: 1
Tax Legal Description: LOT 38 MEADOWS NO 11 PARCEL 5 0.041 AM/L
View: Mountain(s)
Water Source: Public
Mark
Lovett Cell: 3038680312 17
3928 Nordland Trail Castle Rock, CO 80109 MLS #3158708 $460,000 3 Beds 3.00 Baths 1,539 Sq. Ft. ($299 / sqft) CLOSED 7/20/22 Year Built 2005 Days on market: 3 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109
Off-market date: 3/14/22
School District: Douglas RE 1
Full baths: 2 0
High: Castle View
4115 Nordland Trail Castle Rock, CO 80109 MLS #3029688
Lot Size (sqft): 1,350
Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator
Prop Type: Multi-Family County: Douglas Subdivision: Meadows
Association Amenities: Clubhouse, Pool, Trail(s)
Frequency: Quarterly Association Fee
Middle: Castle Rock Elementary: Soaring Hawk
Association Name 2: Meadows Master Association
1,583 Sq. Ft. ($306 / sqft)
Basement: Crawl Space
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 18
Association Phone: 720 439-8184
Building Area Source: Public Records
CLOSED 4/7/22
Details
Orig list price: $485,000
Association Name: Morgan's Run HOA
Common Walls: End Unit, No One Above, No One Below
Concessions: No Construction Materials: Cement Siding, Frame, Rock
Association Yn: true
Assoc Fee: $215
Half baths: 1.0
Association Fee 2: 235
2 Beds 3.00 Baths
Building Name: Morgan's Run
Frequency: Monthly
$485,000
Style: Urban Contemporary
List Price: $485,000
Association Phone 2: 303-814 2358
Taxes: $2,378
Garages: 2
Association Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash
Cooling: Central Air Fencing: Full Fireplace Features: Family Room, Gas, Gas Log
Updated: Apr 8, 2022 3:45 AM
Association Fee 2
List date: 3/9/22
Features
Year Built 2004 Days on market: 5
Sold date: 4/7/22
Remarks
Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Furnished: Unfurnished Heating: Forced Air, Natural Gas
Mark
Lovett Cell: 3038680312 19
Living Area Total: 1583 Lot Features: Corner Lot, Cul-De-Sac, Greenbelt, Master Planned
Interior Features: Jet Action Tub, Open Floorplan, Pantry, Primary Suite, Smart Thermostat, Smoke Free, Walk-In Closet(s)
Tax Year: 2020 Utilities: Electricity Connected, Natural Gas Available, Natural Gas Connected
Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan
Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Skylight(s), Window Coverings
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109
Laundry Features: In Unit
Tax Legal Description: LOT 7 MEADOWS NO 11 PARCEL 5 0.031 AM/L
Stunning end unit townhome in the Meadows with spectacular views! As you enter the home, you will immediately notice the open feel and the gorgeous Hickory hard wood floors on the main level! The abundance of windows makes this home shine bright! Enjoy cozy nights by the gas fireplace in the family room! The dining area can accommodate a large table and the kitchen counter is a great place to enjoy that morning cup of coffee! For the chef, the kitchen will not disappoint as it features stainless steel appliances, upgraded cabinets, a large pantry, and a gas range! A beautiful 1/2 bath and laundry room round out the main floor. Head up the stairs to the two master suites that each have their own full bathrooms! This floor plan was typically built with three bedrooms, but was upgraded to feature an oversized master suite. The views of the front range from this room can't be beat! The second master suite features two closets, and an ensuite bathroom with a jetted tub! As you head down to the attached two car garage, there is a huge storage room that could also be used as a workshop, possible gym, or ?? A gated wrap around porch at the front door, newer AC, upgraded light fixtures, designer window coverings, newer garage door, blackout shades in one of the master bedrooms, phone app enabled Honeywell thermostat, home humidifier, and skylight are just a few more items that will absolutely insure pride of ownership! The Meadows dog park, clubhouse, pool, open space, and walking trails are all within close proximity! Easy access to the outlet shops, numerous restaurants, and I25. Be sure to schedule your showing today!
Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Front Porch, Wrap Around Pets Allowed: Yes Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s) Senior Community Yn: false
Sewer: Public Sewer Structure Type: Townhouse
4115 Nordland Trail Castle Rock, CO 80109 MLS #3029688 $485,000 2 Beds 3.00 Baths 1,583 Sq. Ft. ($306 / sqft) CLOSED 4/7/22 Year Built 2004 Days on market: 5 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109
Mark Lovett
Cell: 3038680312 20
S 3 Sold Listings
AVG PRICE / SQFT $302 AVG DOM Lovett
AVG PRICE / SQFT $300 AVG DOM
P 2 Pending Listings
LOWEST $460,000
Comparable Property Statistics
AVERAGE $468,666 HIGH $485,000
32
$450,000
11 Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark
LOWEST
Cell: 3038680312 21
AVERAGE $455,000 HIGH $460,000
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark Lovett Cell: 3038680312 22
Averages $479,666 $468,666 97 71% 11 $302
3505 Tranquility Trail $485,000 $461,000 95.05% 25 $300 3928 Nordland Trail $469,000 $460,000 98 08% 3 $299 4115 Nordland Trail $485,000 $485,000 100 00% 5 $306
It took an average of 11 days for a home to sell.
Homes sold for an average of 98 7% of their list price.
11
Analysis
Averages 98.7%
ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT
ADDRESS
Days on market
Sold Property Analysis
3505 Tranquility Trail
Cell: 3038680312 23
Summary of Comparable Properties
S SOLD LISTINGS
SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
Comparative Market Analysis 3862 Tranquility Trail, Castle Rock, Colorado 80109 Mark
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
ADDRESS
P PENDING LISTINGS
8/16/22 3 3.00 1,539 $461,000 $300 3928 Nordland Trail 7/20/22 3 3.00 1,539 $460,000 $299 4115 Nordland Trail 4/7/22 2 3.00 1,583 $485,000 $306 Averages 1,553 $468,666 $302 Lovett
3735 Tranquility Trail 3 3.00 1,539 $450,000 $292 4101 Nordland Trail 3 3.00 1,491 $460,000 $309 Averages 1,515 $455,000 $300
☐
☐
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.
ASKING PRICE PERCENTAGE OF BUYERS
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.
+10%+15% Market Value -15%-10% 90%75%60%30%10%
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.
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.
PRICINGINTELLIGENT&TIMING
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
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Integrity
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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.
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.
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.
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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.
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Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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.
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