at Keller Williams Integrity
MarkComparativeetAnalysis
672 South Stuart Street, Denver, Colorado 80219 CMA for - 672 S Stuart St SEPTEMBER 21, 2022 Logan Alpizar-Lopez
Denver, CO
REPORT FOR 9/21/2022
Single-Family Homes
The Bartic Group's Market Report
Presented by Bartic Group 720-208-7200 info@thebarticgroup.com
Market Action 52
Denver, CO
Median List Price $681,000
Median Rent $2,735
Average Days on Market 46
Median Days on Market 35
Strong Seller's Market Bartic
Group's Market Report www.TheBarticGroup.com
This week the median list price for Denver, CO is $681,000 with the market action index hovering around 52 This is less than last month's market action index of 57. Inventory has increased to 996
Real-Time Market Profile
Strong Seller's Market
This answers “How’s the Market?” by comparing rate of sales versus inventory
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 $1,495,000 3,695 4,500 6,500 sqft 4 4 29 44 42 35 $779,000 2,182 4,500 6,500 sqft 4 3 70 35 35 35 $595,000 2,009 6,500 8,000 sqft 3 2 65 32 46 28 $460,000 1,367 6,500 8,000 sqft 3 2 67 35 50 28 2 of W6 ed Sep 21 2022
Relisted 6% Inventory 996
Median Price of New Listings $740,000
Per Square Foot $359
Market Action Index
0 10 20 30 40 50 60 70 80 90 100 Tod a yLastMonth 52
Buyer's Market Seller's Market
Single-Family Homes
The
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
Price Increased 3%
Price Decreased 52%
Prices at the upper end of the market have been showing weakness. While there is enough demand in the low end (Quartiles 3 and 4) to keep prices flat, unless there is a persistent up-shift in the Market Action Index, the entire market may resume a down trend soon. 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day
Median List Price
Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 $850K$800K$750K$700K$650K$600K$550K
Segments
Single-Family Homes Denver, CO The Bartic Group's Market Report www.TheBarticGroup.com
7-Day Average 90-Day Average
Top
Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 $500K$0$1.0M$1.5M$2.0M$2.5M 3 of W6 ed Sep 21 2022
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
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.
Price Per Square Foot
7-Day Average 90-Day Average
7-Day Average 90-Day Average
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.
Single-Family Homes Denver, CO The Bartic Group's Market Report www.TheBarticGroup.com
Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 $425$400$375$350$325$300$275
Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 75050025001K1K2K 4 of W6 ed Sep 21 2022
Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 12010080604020 5 of W6 ed Sep 21 2022
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 2019
7-Day Average 90-Day Average Sep
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day
Market Action Index
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.
Single-Family Homes Denver, CO The Bartic Group's Market Report www.TheBarticGroup.com
Market Action Segments
Sep 2019
Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 12010080604020
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 1251007550250 6 of W6 ed Sep 21 2022
Median Days on Market (DOM)
Single-Family Homes Denver, CO The Bartic Group's Market Report www.TheBarticGroup.com
7-Day Average 90-Day Average Sep 2019 Feb 2020 Jun 2020 Oct 2020 Feb 2021 Jun 2021 Oct 2021 Feb 2022 Jun 2022 806040200
The properties have been on the market for an average of 35 days. Half of the listings have come newly on the market in the past 24 or so days. Watch the 90-day DOM trend for signals of a changing market.
% Improved 64%
YOY
Year Total Tax Change ($) Change (%) 2019 $1,333 2020 $1,372 $38 2 88% 2021 $1,498 $126 9 22%
Assessed Value Total $19,520 $20,080 $18,490 $18,490
TAX INFORMATION
PIN 5181 43 006
Topography Flat/Level Property Zip4 2429 Neighborhood Code Westwood 0522
Legal Description N 100FT OF L 15 & 16 BLK 1 WOO DS SUB
& TAX
Assessed Change (%) 2 79% 8 6% 0% YOY Assessed Change ($) $560 $1,590 $0
Mailing Carrier Route C013 Mailing City & State Denver, CO Owner Occupied No Mailing Zip 80210
Tax
672 S Stuart St, Denver, CO 80219-2429, Denver County
Lot Acres 0 1148 Total Rooms 4 Lot Sq Ft 5,000 Bedrooms 2 Land Use County Single Family Resident Baths Total 1 Land Use CoreLogic SFR Baths Full 1 Year Built 1947 Stories 1 Bldg Sq Ft Above Ground 912 Fireplace Y Bldg Sq Ft Basement 192 Fireplaces 1 Bldg Sq Ft Total 1,104 Heat Type Warm Air Bldg Sq Ft Finished 912 Garage Type Detached Garage Bldg Sq Ft 1st Floor 912 Garage Sq Ft 480 Basement Type Partial Exterior Stucco # Buildings 1 Quality Fair FEATURES Feature Type Size/Qty Property Details Courtesy of Logan Alpizar Lopez, REcolorado Generated on:09/21/22 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 1/2
Market Value Land $100,000 $100,000 $100,000 $100,000
Assessed Value Improved $12,570 $12,930 $11,340 $11,340
APN: 5181-43-006
Market Value Total $280,800 $280,800 $258,600 $258,600
CHARACTERISTICS
Property Carrier Route C033 Neighborhood Name (OnBoard) Westwood School District Denver County 1 Traffic Local Elementary School Knapp Township 04S Middle School Strive Kepner Range 68W High School West Section 18 Subdivision Wood Sub Quarter NE Zoning E MX 3 Block 1 Census Tract 45 04 Lot 15
Mailing ZIP 4 3127 Mailing Address 325 E Mexico Ave
Market Value Improved $180,800 $180,800 $158,600 $158,600
CLIP: 7346758522 Beds 2 Full Baths 1 Half Baths N/A Sale Price $46,500 Sale Date N/A Bldg Sq Ft 912 Lot Sq Ft 5,000 Yr Built 1947 Type SFR
LOCATION INFORMATION
Assessed Value Land $6,950 $7,150 $7,150 $7,150
ASSESSMENT
OWNER INFORMATION
Owner Name Hoffman David Paul
Schedule Number 0518143006000 Tax District DENV
Assessment Year 2022 Preliminary 2021 2020 2019
Property Zip 80219
Sell Score 481
LAST MARKET SALE & SALES HISTORY
Document Type Warranty Deed Public Trustees Deed Personal Representati ve's Deed Deed (Reg) Warranty Deed
Mortgage Date 01/08/1985 00/1945 Mortgage Amount $17,245 $17,245
SELL SCORE
Rating Low Value As Of 2022 09 18 04:29:58
Buyer Hoffman David P Metropolitan Ind Bk Baer James R II Barnett Joseph C Hoffman David Paul Seller Metropolitan Indust Ba nk
Borrower Hoffman David P Hoffman David Paul Mortgage Type Private Party Lender Conventional Mortgage Purpose Seller/Carry Back Resale
Sale Price $46,500
MORTGAGE HISTORY
Det Garage Frm 480 Det Garage Frm 320
Document Number 61557 45 591 2898 673 1605 607 591
Sale Price $46,500 $26,300 $51,000 $27,000 $46,500
PROPERTY
Sale Date 11/01/1984 08/01/1983 02/01/1978 01/08/1985
Deed Type Warranty Deed Price per SqFt Finished $50 99 Owner Name Hoffman David Paul Document Number 61557 Seller Metropolitan Indust Bank
MAP *Lot Dimensions are Estimated Property Details Courtesy of Logan Alpizar Lopez, REcolorado Generated on:09/21/22 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 2/2
ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE
600 S Patton Court 8/26/22 $374,900 $376,400 0.4%
3979 W Kentucky Avenue $375,000 $370,800 -1.1%
3907 W Walsh Place $380,000 $380,000 0.0%
4680 W Gill Place $425,000 $425,002 0.0%
ADDRESS
4504 W Gill Place 6/24/22 $309,000 $400,700 29.7%
P
4520 W Alaska Place 8/24/22 $260,000 $225,000 -13.5%
S
4464 W Gill Place 8/26/22 $225,000 $419,700 86.5%
A
ADDRESS PRICE ZESTIMATE DIFFERENCE
How accurate are Zestimates? 86.5% $194,700
Source: Zillow
4135 W Walsh Place 7/25/22 $410,000 $413,800 0.9%
PRICE ZESTIMATE DIFFERENCE
6
620 S Newton Street 6/16/22 $340,000 $345,000 1.5%
Zestimates varied up to 86.5% or $194,700 compared to actual MLS prices.
Sold 1 Pending 2 Active Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 5
Online Valuation Analysis
Map
of Comparable Listings STATUS: S = CLOSED P = PENDING A = ACTIVE MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 672 S Stuart St 2 1.00 9122 8702513 S 620 S Newton Street 2 1.00 762 $340,000 3 3490105 S 600 S Patton Court 2 1.00 607 $374,900 4 9282181 S 4504 W Gill Place 2 1.00 1,448 $309,000 5 IR971352 S 4464 W Gill Place 3 1.00 976 $225,000 6 4124010 S 4520 W Alaska Place 3 1.00 1,322 $260,000 7 9280433 S 4135 W Walsh Place 3 1.00 840 $410,000 8 6903539 P 3979 W Kentucky Avenue 2 1.00 741 $375,000 9 8471626 A 3907 W Walsh Place 2 1.00 649 $380,000 10 9295486 A 4680 W Gill Place 3 1.00 997 $425,000 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 6
Structure Type: House
Orig list price: $334,000
Water Source: Public Zoning: E-SU-D1X
List Price: $334,000
762 Lot Features: Level
Level Bathrooms:
Features Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator Association Yn: false Building Area Source: Appraiser Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 10000 Construction Materials: Frame Cooling: None Flooring: Carpet, Laminate, Tile Foundation Details: Slab Heating: Forced Air Interior Features: No Stairs, Tile Counters Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area
Tax Legal Description: L 5 & 6 BLK 10 WESTLAWN ADD
Full baths: 1.0
Lot Size (sqft): 6,000
Residence
Updated: Jun 16, 2022 12:25
Senior
Main Level Bedrooms:
false
Parking
Sold date: 6/16/22
Subdivision: Westwood
Roof:
Style: A-Frame
List date: 4/13/22
PM
Middle: Kepner Elementary: Castro Total:
Main 1 2 Total: 3 Composition Community Yn:
County: Denver
Off-market date: 5/10/22
620 S Newton Street Denver, CO 80219 MLS #8702513 $340,000 2 Beds 1.00 Baths 762 Sq. Ft. ($446 / sqft) CLOSED 6/16/22 Year Built 1938 Days on market: 8 Details
Prop Type: Single Family
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 7
Sewer: Public Sewer
Tax Year: 2021
School District: Denver 1 High: Abraham Lincoln
Taxes: $1,480
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 8
Remarks
Don't miss your chance at one level living in Westwood. This is a great first home or investment property with unlimited potential. The home features 2 beds / 1 bath, laminate wood, tile & carpet floors and all appliances currently in the home are included. It has been a great rental for the sellers and is ready for your personal touch. Large 6,000 sq/ft fenced lot zoned E-SU-D1X with plenty of space to add garage, gardens and outdoor entertaining space. Easy access to get to downtown, Belmar or out to enjoy Westwood, Garfield and Weir Gulch parks. This one has a walk score 59, transit score 42 and bike score of 63. Schedule your showing today - Welcome home!
620 S Newton Street Denver, CO 80219 MLS #8702513 $340,000 2 Beds 1.00 Baths 762 Sq. Ft. ($446 / sqft) CLOSED 6/16/22 Year Built 1938 Days on market: 8 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 9
Tax Description: L 2 & 20FT OF L 1 BLK 14
Lot Features: Corner Lot, Level, Many Trees
Prop Type: Single Family
Road Surface Type: Paved Composition
Off-market date: 7/27/22
Property
Taxes: $1,228
School District: Denver 1 Abraham Lincoln
Road Frontage Public Road
WESTLAWN ADD Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 10
Subdivision: Westwood Cottage
Sewer:
Type:
Exchange,
Parking Features: Concrete, Oversized
600 S Patton Court Denver, CO 80219 MLS #3490105 $374,900 2 Beds 1.00 Baths 607 Sq. Ft. ($618 / sqft) CLOSED 8/26/22 Year Built 1936 Days on market: 22 Details
Roof:
Detector(s)
Security Features: Carbon Monoxide
Full baths: 1.0
Updated: Aug 26, 2022 2:33
Listing Terms: 1031 Cash, Conventional, FHA, VA Loan
PM
Orig list price: $384,900
Sold date: 8/26/22
List date: 7/1/22
Residence
High:
Middle: Compass Academy Elementary: Castro
Features: Private Yard Fencing: Full Flooring: Laminate Foundation Details: Slab Furnished: Unfurnished Heating: Electric, Hot Water Interior Features: Granite Counters, No Stairs, Open Floorplan Laundry Features: In Unit Levels: One
Lot Size (sqft): 5,670
List Price: $374,900
Living Area Total: 607
Parking Total: 4 Condition: Updated/Remodeled
Senior Community Yn: false Public Sewer
Structure Type: House
Legal
County: Denver
Style:
Features Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Association Yn: false Building Area Source: Public Records Common Walls: No Common Walls Concessions: No Construction Materials: Wood Siding Cooling: Central Air
Main Level Bathrooms: 1 Main Level Bedrooms: 2
S
Exterior
Year: 2021 Utilities: Connected,ElectricityNatural Gas Connected Water Source: Public Window Features: Double Pane Windows Zoning: E-TU-C
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 11
Remarks
Tax
This fully remodeled home is nestled in the heart of Westwood. This property is priced to sell. It can be a great starter home or a terrific investment opportunity. The moment you arrive take note of the curb appeal, newly fenced spacious corner lot, and 2 new concrete driveways which provide plenty of off street parking. You can park either 4 vehicles, a trailer or an RV. You will also notice a new roof, fresh exterior paint, a matching 10x8 shed, and a new entry door. This property features 2 bedrooms/1 bathroom. As you walk in you will see an open floor plan with new paint, new lighting, and new flooring through out. The completely updated kitchen features new stainless steel appliances, double sink, subway tile backsplash and a new granite counter top. The bathroom comes with modern black faucets, and a stunning light fixture. Across from the bathroom is the laundry room with included washer and dryer. This property will also come with a new furnace and a new ac unit. Just off the Morrison Rd corridor and conveniently located close to restaurants, schools, and stores. Easy access to I-25 and Downtown. This move in ready home is a must see. Set your appointment today
600 S Patton Court Denver, CO 80219 MLS #3490105 $374,900 2 Beds 1.00 Baths 607 Sq. Ft. ($618 / sqft) CLOSED 8/26/22 Year Built 1936 Days on market: 22 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 12
Lot Size (sqft): 5,000
AM
School District: Denver 1 West
List Price: $350,000
Features Appliances: Dishwasher, Range, Refrigerator Association Yn: false Basement: Full Building Area Source: Public Records Concessions: No Construction Materials: Frame Cooling: None Flooring: Wood Heating: Forced Air Levels: One Listing Terms: Cash Living Area Total: 1448 Lot Features: Level Main Level Bathrooms: 1
Level Bedrooms: 2 Parking Total: 1 Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House
Legal Description: L 25
Sold date: 6/24/22
Photo not available Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 13
Middle: DSST: Byers Knapp
Middle School Elementary:
26 BLK 12 IRVING PARK SUB EXC PT OF L 26 BEG NE COR L 26 TH W ON N LI SD L 10FT TH SE TO PT ON E LI 10FT S OF NE COR TH N TO POB
Zoning:
County: Denver
Tax Year: 2021 E-SU-B
Subdivision: westwood
Off-market date: 6/13/22
4504 W Gill Place Denver, CO 80219 MLS #9282181 2 Beds 1.00 Baths 1,448 Sq. Ft. ($213 / sqft) Year Built 1955 Days on market: 0
Full baths: 1.0
Taxes: $1,586
Orig list price: $350,000
Updated: Jun 25, 2022 7:46
Tax &
Main
High:
Fix Up property Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219
Cell: 7204674044 14
Logan Alpizar-Lopez
Remarks
4464 W Gill Place Denver, CO 80219 MLS #IR971352 $225,000 3 Beds 1.00 Baths 976 Sq. Ft. ($231 / sqft) CLOSED 8/26/22 Year Built 1955 Days on market: 18 Details
Subdivision: IRVING PARK SUBDIVISION
Water Public Zoning: E-TU-C
Off-market date: 8/26/22
High: West Middle: Kepner
Possible Use: Residential Condition: Type:
Available
Orig list price: $419,900
IRVING
Full baths: 1.0
Road Type: Composition Public Sewer
Utilities: Cable Internet (Wired), Gas
Sold date: 8/26/22
Features Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer Association Yn: false Basement: Crawl Space Building Area Source: Other Construction Materials: Wood Frame Cooling: Ceiling Fan(s), Evaporative Cooling Exterior Features: Spa/Hot Tub Flooring: Tile Heating: Baseboard Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 976 Lot Features: Flood Zone, Level Main Level Bathrooms: 1
Other Equipment: Satellite
Security Features: Smoke Detector Sewer:
Access
Fixer Road Frontage
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 15
Source:
Main Level Bedrooms: 3
School District: Denver 1
Prop Type: Single Family
Dish
SUBDIVISION
Tax Year: 2021
Available, Electricity Available,
Surface
County: Denver
Updated: Sep 1, 2022 10:10 AM
Property
Natural
Structure Type: House
List Price: $419,900
Tax Legal Description: SUBD:IRVING PARK L 5 & 6 BLK 9 PARK SUB
Residence
Paved Roof:
Lot Size (sqft): 5,000
Public Road
Elementary: Knapp
List date: 7/19/22
This single-family home is located at 4464 W Gill Pl, Denver, CO. 4464 W Gill Pl is in the Westwood neighborhood in Denver, CO and in ZIP code 80219. This property has 3 bedrooms, 1 bathroom and approximately 976 sqft of floor space. This property has a lot size of 5,000 sqft and was built in 1955. Alpizar-Lopez
Remarks
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan
Cell: 7204674044 16
4464 W Gill Place Denver, CO 80219 MLS #IR971352 $225,000 3 Beds 1.00 Baths 976 Sq. Ft. ($231 / sqft) CLOSED 8/26/22 Year Built 1955 Days on market: 18 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 17
Subdivision:
List $225,000
Features Association Yn: false Building Area Source: Public Records Concessions: No Construction Materials: Other Cooling: None Direction Faces: North Exterior Features: Private Yard Flooring: Wood Heating: Forced Air Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional Living Area Total: 1322 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 1 Parking Total: 1 Patio And Porch: Front Porch Property Condition: Fixer Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: L 23 & 24 BLK 17 IRVING PARK SUB Tax Year: 2021 Water Source: Public Zoning:
4520 W Alaska Place Denver, CO 80219 MLS #4124010 $260,000 3 Beds 1.00 Baths 1,322 Sq. Ft. ($197 / sqft) CLOSED 8/24/22 Year Built 1926 Days on market: 4 Details
list
Residence County:
Orig price: $225,000 $1,661
Taxes:
Middle: West Leadership Elementary: Knapp E-TU-C
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 18
Price:
List date: 8/10/22
Full
Prop Type: Single Family Denver westwood Victorian baths: 1.0
Sold date: 8/24/22
Lot Size (sqft): 6,250
AM
Updated: Aug 24, 2022 8:03
School District: Denver 1 West
High:
Off-market date: 8/14/22
Style:
We have received multiple offers on this property and are keeping the house on the market through Saturday and responding to offers Sunday. Seller would really like to have this as a TRUE "as-is" deal with no inspection dates.
BRING YOUR TOOL BELT!! House needs everything but is priced VERY well because of that! There are no interior pics because the inside needs it all. We feel it does have good bones and is ready for someone to make it unforgettable. House sits on a nice big lot and has room for a garage in the back (check zoning). Please be VERY careful on the back wood deck it is falling apart. The Home is priced very well, so if we get multiple offers, we will keep it on through the weekend. Please be respectful to the owner; she is still living there and will most likely be there for showings, so be polite. Please call me with any questions.
Remarks
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 19
4520 W Alaska Place Denver, CO 80219 MLS #4124010 $260,000 3 Beds 1.00 Baths 1,322 Sq. Ft. ($197 / sqft) CLOSED 8/24/22 Year Built 1926 Days on market: 4 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 20
Features Appliances: Refrigerator, Self Cleaning Oven Association Yn: false Basement: Crawl Space Building Area Source: Public Records Concessions: No Construction Materials: Stucco Cooling: None Distance To Bus Numeric: 2 Distance To Bus Units: Minutes Flooring: Carpet, Vinyl Foundation Details: Structural Heating: Forced Air, Natural Gas Levels: One Listing Terms: Cash, Conventional
EX
Year:
High: Abraham Lincoln
AM
false
Sold date: 7/25/22
Full baths: 1.0
School District: Denver 1
Lot Size (sqft): 7,290
Middle: Compass Academy Castro
Sewer: Public Sewer
BLK
Residence
House Tax Legal
Living Yn:
List date: 5/13/22
Off-market date: 6/27/22
County: Denver Westwood
list
Subdivision:
Taxes:
Elementary:
Structure Type: Description: L 6 3 WOOD SUB 2ND FLG C N 75
Water Source: Public Zoning:
Prop Type: Single Family
Area Total: 840 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 3 Parking Features: Concrete Parking Total: 3 Property Condition: Updated/Remodeled Roof: Composition Senior Community
Updated: Jul 27, 2022 10:21
4135 W Walsh Place Denver, CO 80219 MLS #9280433 $410,000 3 Beds 1.00 Baths 840 Sq. Ft. ($488 / sqft) CLOSED 7/25/22 Year Built 1948 Days on market: 45 Details
Orig price: $449,900 $1,545
Tax 2021 E-TU-C
FT
List Price: $399,000
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 21
Corner lot Gem in the up and coming Westwood neighborhood. New Rec Center in the area coming soon. This home has recently been updated with newer flooring, interior & exterior paint, appliances, bathroom and driveway. Tons of natural light throughout the house. Opportunity to take advantage of corner lot and add a large detached garage or plenty of RV parking space. Many local shops, restaurants and shopping options nearby. Close to I-25 and downtown. Motivated Seller!
Remarks
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 22
4135 W Walsh Place Denver, CO 80219 MLS #9280433 $410,000 3 Beds 1.00 Baths 840 Sq. Ft. ($488 / sqft) CLOSED 7/25/22 Year Built 1948 Days on market: 45 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 23
Parking Total: 3
Roof: Composition
Lot Size (sqft): 6,534
Basement:
Space,
Main Level Bathrooms: 1
Road Responsibility: Public Maintained Road
Living Area Total: 741
Senior Community Yn: false
Structure Type: House
Patio And Porch: Covered, Patio
false Interior Features: Built-in Features, Stone Counters Levels: One
Road Surface Type: Paved
WESTERN GARDENS
Tax Year: 2021
Exterior Yn:
Carport Spaces: 1
Main Level Bedrooms: 2
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
Materials: Wood
Garages: 1
Features
Tax Legal Description: L 18 & 19 & E 2FT OF L 17 BLK 2
Lot Features: Level
Details
Listing Terms: Cash, Conventional, FHA, VA Loan
Entry Building
Orig list price: $425,000
Prop Type: Single Family Residence
Phase
3979 W Kentucky Avenue Denver, CO 80219 MLS #6903539 $375,000 2 Beds 1.00 Baths 741 Sq. Ft. ($506 / sqft) PENDING 9/15/22 Year Built 1947 Days on market: 41
List Price: $375,000
Off-market date: 9/15/22
Features: Private Yard, Rain Gutters Fencing: Partial Flooring: Laminate Foundation Details: Block Furnished: Unfurnished Heating: Forced Air Horse
Sewer: Public Sewer
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 24
Subdivision: Kentucky Gardens
List date: 8/5/22
Dishwasher, Range Association
High: Abraham Lincoln
Full baths: 1.0
Updated: Sep 18, 2022 5:42 AM
Electric:
Appliances: Yn: false Cellar, Crawl Exterior Area Source: Public Records
Cooling:
County: Denver
Taxes: $1,636
School District: Denver 1
Middle: Compass Academy Elementary: Castro
Pending date: 9/15/22
Construction Siding None 220 Volts, Single
Virtual Tour: View Water Source: Public Zoning: E-SU-D1X
Remarks
Welcome home to this beautiful 2-bedroom, 1-bathroom home located in the Westwood neighborhood. This home was recently updated and comes with a detached 1 car garage AND a covered carport with extra room for additional parking! If you're looking for great starter home that is easy to maintain with minimal neighbors then look no further! This home has great potential as an investment property too! This home has been updated throughout: with updated bathroom, kitchen, plumbing, electrical, furnace all done in the last 2 years! The mechanical systems are conveniently located in a stand-up utility room in a cellar with concrete flooring and easy access via exterior stairwell (includes additional storage space as well). This home sits on huge lot with a big fenced in backyard with plenty of room for outdoor activities, BBQ's, gardening, etc. all with convenient access to the back alley. Great location too - close to Garfield Lake Park via walking trail located across the street, RTD/Light Rail, minutes to Blemar Shopping Center, easy access to Downtown Denver. Come check out this home awesome home today!
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 25
3979 W Kentucky Avenue Denver, CO 80219 MLS #6903539 $375,000 2 Beds 1.00 Baths 741 Sq. Ft. ($506 / sqft) PENDING 9/15/22 Year Built 1947 Days on market: 41 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 26
3907 W Walsh Place Denver, CO 80219 MLS #8471626 $380,000 2 Beds 1.00 Baths 649 Sq. Ft. ($586 / sqft) ACTIVE 7/5/22 Year Built 1945 Days on market: 44
Details
Dishwasher, Disposal, Dryer, Microwave, Range, Tankless Water Heater, Washer Association
Middle: West Leadership Castro
Carport
Full baths: 1.0
Zoning: E-SU-D1X
Lot Size (sqft): 5,540
Parking Total: 5
Orig list price: $399,900
Taxes: $1,533
Subdivision: Westwood
Garages: 1
Senior Community Yn: false
Patio And Porch: Covered, Porch,
Elementary:
Roof: Composition
List Price: $380,000
Tax Year: 2021
Updated: Aug 18, 2022 5:03
Garage, Oversized
County: Denver
Tax Legal Description: 18/4/ 68 PT SE/4 DIF BOOK 7436-508
High: Abraham Lincoln
List date: 7/5/22
Sewer: Public Sewer
Features
AM
Fencing:
Full Heating: Natural Gas Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 649 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 2
Front
Prop Type: Single Family Residence
School District: Denver 1
Appliances: Yn:
Spaces: 1 Construction Materials: Frame Cooling: None Exterior Features: Garden
Parking Features: Heated
false
Patio
Property Condition: Updated/Remodeled
Structure Type: House
Remarks THERE ARE VERY FEW SINGLE FAMILY HOUSES WITH 2BDRMS/GARAGE/FENCED YARD/AND LOTS OF EXTRA PARKING Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 27
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 28
Don't Miss this opportunity to live in historic Westwoods! Morrison Road offers a unique commercial and cultural corridor with inspired murals and the Westwood Creative District! Denver Architectural has had informative walks thru this upcoming area! new siding/new doors and trim/tankless hot water heater - covered front porch - attached carport can be cozy private patio - oversized heated garage with newer garage door plus RV parking and lots of outside parking space available - newer fencing with rolling gate at the alley entrance - big garden - gorgeous kitchen with custom cabinetry/ granite/upscale appliances - remodeled bath - new carpet and paint throughout - updated plumbing/electrical/insulation in attic and some walls - come see this delightful affordable immaculate house! 12 MINUTES TO DOWNTOWN - easy public transportation -
FOR UNDER 400k IN THE METRO AREA!!!!!! EXTRA SHARP $50k remodel!
3907 W Walsh Place Denver, CO 80219 MLS #8471626 $380,000 2 Beds 1.00 Baths 649 Sq. Ft. ($586 / sqft) ACTIVE 7/5/22 Year Built 1945 Days on market: 44 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 29
Gas
Terms: Cash, Conventional, FHA,
Main Level Bedrooms: 3
County: Denver
Fan(s), Laminate Counters, No Stairs, Smoke Free Laundry Features: In Unit Levels:
Road Surface Type: Paved
Utilities: Cable Available
List Price: $425,000
Appliances: Dryer, Washer
Flooring: Carpet,
Water Source: Public
Window Features: Double Pane Windows
Zoning: E-SU-B
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 30
Subdivision: Westwood
Updated: Sep 4, 2022 8:05 AM
Full baths: 1.0
Details
School District: Denver 1
Oven, Range, Range Hood, Refrigerator,
Style: Traditional
Lot Size (sqft): 5,000
High: West Middle: Kepner
Heating: Forced Air, Natural
Records
Association Yn: false
Listing VA
Building Area Source: Public
Siding
List date: 9/1/22
Features
Fencing: Full
Loan
4680 W Gill Place Denver, CO 80219 MLS #9295486 $425,000 3 Beds 1.00 Baths 997 Sq. Ft. ($426 / sqft) ACTIVE 9/1/22 Year Built 1956 Days on market: 3
Exterior Features: Private Yard
Laminate, Linoleum
Orig list price: $425,000
Lot Features: Level
Main Level Bathrooms: 1
Patio And Porch: Covered, Patio
Road Frontage Type: Public Road
Roof: Composition Security Features: Smoke Detector(s)
Features:
Senior Community Yn: false
Tax Legal Description: L 3 & 4 BLK 12 IRVING PARK SUB
Interior Ceiling One
Construction Materials: Block, Concrete, Metal
Taxes: $1,607
Elementary: Knapp
Cooling: Evaporative Cooling
Living Area Total: 997
Parking Total: 2
Sewer: Public Sewer
Structure Type: House
Tax Year: 2021
Prop Type: Single Family Residence
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 31
Great ranch home in a desirable neighborhood that's close to it all: Generous natural light streams in through newer, wide windows in a bright living room with ample space for relaxing and entertaining, and the dining room opens to the living room. The kitchen has newer cabinets, countertops, and newer black appliances. Laundry room off kitchen with newer washer and dryer included. The main hall bathroom and 3 bedrooms complete the interior. Don't forget to check out the backyard with a covered patio, a firepit area, and three sheds.
Remarks
4680 W Gill Place Denver, CO 80219 MLS #9295486 $425,000 3 Beds 1.00 Baths 997 Sq. Ft. ($426 / sqft) ACTIVE 9/1/22 Year Built 1956 Days on market: 3 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 32
AVERAGE $319,816 $410,000
PRICE / SQFT $506 AVG DOM 23 Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 33
AVG
PRICE / SQFT $365 AVG DOM 19
LOWEST $380,000
HIGH
PRICE / SQFT $506 AVG DOM 41
LOWEST $225,000
LOWEST $375,000
HIGH
AVG
A 2 Active Listings
AVERAGE $402,500 $425,000
AVERAGE $375,000 HIGH $375,000
Comparable Property Statistics
P 1 Pending Listings
AVG
S 6 Sold Listings
SOLD PRICE
4464 W Gill Place $419,900 $225,000 53.58% 18 $231
Days on market
19
ADDRESS
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 34
91.3%
Sold Property Analysis
Averages $360,616 $319,816 88.69% 19 $365
Homes sold for an average of 91.3% of their list price.
4504 W Gill Place $350,000 $309,000 88.29% $213
Averages
ORIG LIST PRICE
It took an average of 19 days for a home to sell.
% OF ORIG LIST PRICE DOM $ PER SQFT
620 S Newton Street $334,000 $340,000 101.80% 8 $446
600 S Patton Court $384,900 $374,900 97.40% 22 $618
Analysis
4520 W Alaska Place $225,000 $260,000 115.56% 4 $197 4135 W Walsh Place $449,900 $410,000 91.13% 45 $488
Summary of Comparable Properties
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
600 S Patton Court 8/26/22 2 1.00 607 $374,900 $618
3979 W Kentucky Avenue 2 1.00 741 $375,000 $506
Averages 992 $319,816 $365
4464 W Gill Place 8/26/22 3 1.00 976 $225,000 $231
A ACTIVE LISTINGS
4520 W Alaska Place 8/24/22 3 1.00 1,322 $260,000 $197
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
620 S Newton Street 6/16/22 2 1.00 762 $340,000 $446
P PENDING LISTINGS
4135 W Walsh Place 7/25/22 3 1.00 840 $410,000 $488
S SOLD LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
Comparative Market Analysis 672 South Stuart Street, Denver, Colorado 80219 Logan Alpizar-Lopez Cell: 7204674044 35
Averages 741 $375,000 $506
4504 W Gill Place 6/24/22 2 1.00 1,448 $309,000 $213
3907 W Walsh Place 2 1.00 649 $380,000 $586 4680 W Gill Place 3 1.00 997 $425,000 $426
Averages 823 $402,500 $506
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.
Market Value
at Keller Williams Integrity
☐ The first two weeks of marketing are crucial.
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.
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
ASKING PRICE PERCENTAGE OF BUYERS
-15%-10% 90%75%60%30%10%
☐ Fair market value attracts buyers, overpricing never does.
+10%+15%
PRICINGINTELLIGENT&TIMING
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.
☐ The market never lies, but it can change its mind.
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.
at Keller Williams Integrity
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.
ACTIVITY
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.
TIME ON MARKET (IN WEEKS) 1 2 3 4 5 6
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.
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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.
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