Aaron Johnson's Market Analysis

Page 1

at Keller Williams Integrity


Single-Family Homes

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

Commerce City, CO

This week the median list price for Commerce City, CO is $647,000 with the market action index hovering around 93. This is less than last month's market action index of 97. Inventory has increased to 72.

Real-Time Market Profile Median List Price

$647,000

Market Action Index

Median Price of New Listings

$622,000

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

Per Square Foot

$198

Average Days on Market

16

Median Days on Market

7

Price Decreased

21%

Price Increased

11%

Relisted

3%

Inventory

72

Median Rent

$2,900

Market Action

93

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

93

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

$737,272

4,135

8,000 - 10,000 sqft

4

4

2

3

3

7

$667,000

3,496

4,500 - 6,500 sqft

4

3

4

5

1

14

$627,500

3,304

4,500 - 6,500 sqft

4

3

12

7

6

7

$537,000

2,170

4,500 - 6,500 sqft

3

3

15

5

13

10

Fri May 27 2022

2 of 6


Single-Family Homes

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

Commerce City, 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. $700K

$650K

$600K

$550K

$500K

$450K

$400K May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 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. $800K

$700K

$600K

$500K

$400K

$300K May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Fri May 27 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

3 of 6


Single-Family Homes

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

Commerce City, 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

$100 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 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 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Fri May 27 2022

4 of 6


Single-Family Homes

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

Commerce City, CO

Market Action Index

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

20 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 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 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Fri May 27 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

5 of 6


Single-Family Homes

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

Commerce City, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 12 days. Half of the listings have come newly on the market in the past 5 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 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. 80

60

40

20

0 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Fri May 27 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

6 of 6


10753 Joplin St, Commerce City, CO 80022-8730, Adams County APN: R0152017

CLIP: 3920443808

MLS Beds 4

MLS Full Baths 2

Half Baths 1

MLS Sale Price $558,000

MLS Sq Ft 2,426

Lot Sq Ft 8,084

Yr Built 2004

Type SFR

MLS Sale Date 06/24/2021

OWNER INFORMATION

Owner Name

Johnson Aaron J

Mailing ZIP 4

8730

Mailing Address

10753 Joplin St

Mailing Carrier Route

R009

Mailing City & State

Commerce City, CO

Owner Occupied

Yes

Mailing Zip

80022

LOCATION INFORMATION

Property Zip

80022

Neighborhood Code

Commerce City East-530

Property Zip4

8730

Neighborhood Name (OnBoard)

Buffalo Mesa

Property Carrier Route

R009

Township

02S

School District

School District 27j

Range

66W

Elementary School

Turnberry

Section

08

Middle School

Otho Stuart

Quarter

SW

High School

Prairie View

Block

2

Subdivision

Buffalo Mesa Sub Filing 1

Lot

10

Census Tract

85.38

TAX INFORMATION

PIN

R0152017

% Improved

76%

Alternate PIN

1723-08-3-02-009

Tax District

598

Schedule Number

R0152017

Legal Description

SUB:BUFFALO MESA SUBD FILIN G NO 1 BLK:2 LOT:10

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$101,000

$93,000

$93,000

Market Value - Improved

$311,714

$304,843

$304,843

Market Value - Total

$412,714

$397,843

$397,843

Assessed Value - Land

$7,220

$6,650

$6,650

Assessed Value - Improved

$22,290

$21,800

$21,800

Assessed Value - Total

$29,510

$28,450

$28,450

YOY Assessed Change (%)

3.73%

0%

YOY Assessed Change ($)

$1,060

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$4,572

2020

$4,568

-$4

-0.09%

2021

$4,706

$138

3.01%

CHARACTERISTICS

Lot Acres

0.1856

MLS Total Baths

3

Lot Sq Ft

8,084

Baths - Full

2

Land Use - County

Single Family Resid

Baths - Half

1

Land Use - CoreLogic

SFR

Stories

2

Building Type

Residential

Fireplace

Y

Year Built

2004

Fireplaces

1

Bldg Sq Ft - Above Ground

2,426

Cooling Type

Central

Bldg Sq Ft - Basement

960

Heat Type

Forced Air

Bldg Sq Ft - Total

3,386

Garage Type

Attached Garage

Bldg Sq Ft - Finished

2,426

Garage Capacity

MLS: 2

Bldg Sq Ft - 1st Floor

1,020

Garage Sq Ft

710

Bldg Sq Ft - 2nd Floor

1,406

Roof Material

Composition Shingle

Basement Type

Unfinished

Construction

Frame

# Buildings

1

Exterior

Frame

Total Rooms

8

Quality

Average

Property Details

Courtesy of Mitch Helfer, 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: 05/27/22 Page 1/3


Bedrooms

4

Baths - Total

3

Equipment

Ssk, Whe

FEATURES

Feature Type

Size/Qty

First Floor

1,020

Sink Standard

1

Bath 4

1

Laundry Facility

1

Bath 2

1

Water Heater

1

Second Floor

1,406

Rough In

1

Bath 5

1

Open Slab

90

SELL SCORE

Rating

Low

Sell Score

467

Value As Of

2022-05-22 04:09:03

LISTING INFORMATION

MLS Listing Id

3685248

MLS Close Price

$558,000

MLS Days On Market

2

MLS Listing Contract Date

05/29/2021

MLS Source

REcolorado

MLS Close Date

06/24/2021

MLS Status

Closed

MLS List Office Name

SIGNATURE REAL ESTATE CORP.

MLS Status Change Date

06/25/2021

MLS List Agent Full Name

320007-Steven Fettig

MLS Current Price

$549,900

MLS Buyer Agent Full Name

55043135-Krystle Jennings

MLS Original List Price

$549,900

MLS Buyer Office Name

RE-ASSURANCE HOMES

MLS Listing #

1107221

859121

855808

MLS Source History

REcolorado

REcolorado

REcolorado

MLS Status

Closed

Withdrawn

Withdrawn

MLS Listing Price

$239,900

$249,900

$249,900

MLS Orig Listing Price

$243,900

$255,000

$255,000

MLS Listing Close Price

$234,900

$0

$0

MLS Listing Date

04/30/2012

02/26/2010

02/26/2010

MLS Close Date

08/28/2012

LAST MARKET SALE & SALES HISTORY

Sale Date

Tax: 08/28/2012 MLS: 06/24/2021

Deed Type

Warranty Deed

Sale Price

$234,900

Owner Name

Johnson Aaron J

Price per SqFt - Finished

$96.83

Seller

Mckimmey Michael A & Stephanie S

Document Number

63830

Sale Date

06/18/2021

Sale Price Nominal

Y

Buyer

Johnson Aaron J

Buyer

08/28/2012

03/14/2005

02/27/2003

$234,900

$259,093

$9,266,400

Rayzak Joseph S & Paula G

Mckimmey Michael A & Step hanie S

Kdb Homes Inc

Rayzak Paula G

Mckimmey Stephanie S

Seller

Rayzak Joseph S & Paula G

Mckimmey Michael A & Step hanie S

Kdb Homes Inc

Buffalo Run Mesa LLC

Document Number

79491

63830

270580

C1103038

Document Type

Special Warranty Deed

Warranty Deed

Warranty Deed

Special Warranty Deed

Title Company

Fitco-First Integrity Title

Heritage Title Co.

First American Heritage Title

First American Heritage Title

Multi/Split Sale Type

Multi

MORTGAGE HISTORY

Mortgage Date

07/01/2021

08/28/2012

03/23/2006

03/16/2005

03/16/2005

Mortgage Amount

$530,100

$212,523

$60,000

$207,200

$38,800

Mortgage Lender

Gateway Mtg Group LL C

Usaa Fsb

Compass Bk

Dhi Mtg Co Ltd

Dhi Mtg Co Ltd

Borrower

Johnson Aaron J

Rayzak Joseph S

Mckimmey Michael A

Mckimmey Michael A & Stephanie

Mckimmey Michael A & Stephanie

Rayzak Paula G

Mckimmey Stephanie S

Mckimmey Stephanie S

Mckimmey Stephanie S

Borrower Property Details

Courtesy of Mitch Helfer, 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: 05/27/22 Page 2/3


Mortgage Type

Conventional

Va

Conventional

Conventional

Conventional

Mortgage Purpose

Nominal

Resale

Refi

1st Time Sale

1st Time Sale

Mortgage Int Rate

5.375

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Fixed Rate Loan

30

10

Years

Years

Mortgage Term

30

30

Mortgage Term

Years

Years

Title Company

United General Title Insurance

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Mitch Helfer, 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: 05/27/22 Page 3/3


Map of Property Locations

15841 E 106th Way, Commerce City, CO 80022 Listing Id: 8514546 Status: Active 03/28/22 Price: $651,000 1 Subtype: SFR Ttl SqFt: 3,161 Bd/Bth: 4/3 Show #: 720-594-6202 15881 E 106th Way, Commerce City, CO 80022 Listing Id: 4390209 Status: Closed 05/02/22 Price: $625,000 3 Subtype: SFR Ttl SqFt: 2,984 Bd/Bth: 4/3 Show #: 3035737469 10776 Kalispell Street, Commerce Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:

City, CO 80022 5781582 Closed 02/09/22 $560,000 SFR 2,864 4/3 303-573-7469

10672 Joplin Street, Commerce City, CO 80022 Listing Id: 5844810 Status: Closed 04/25/22 Price: $625,000 Subtype: SFR 2 Ttl SqFt: 3,161 Bd/Bth: 4/3 Show #: 303-573-7469 10731 Idalia Way, Commerce City, Listing Id: Status: Price: Subtype: 4 Ttl SqFt: Bd/Bth: Show #:

CO 80022 4059837 Closed 02/04/22 $610,200 SFR 3,386 4/3


Broker 1 Page 15841 E 106th Way, Commerce City, CO 80022 (Status: Active, Listing ID: 8514546) County: Property Type: Property Subtype: Levels: Structure Type:

Adams List Price: $651,000 Residential Original List Price: $687,000 Single Family Residence Two Basement: Yes House Year Built: 2006 BUFFALO MESA SUB Subdivision Name: FILING 1 Listing Contract Date: 03/28/2022 Days In MLS: 60 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $4,591 Tax Year: 2020 Tax Legal Desc: SUB:BUFFALO MESA SUBD FILING NO 1 BLK:5 LOT:6 Interior Area & SqFt Building Area Total (SqFt Total): 3,161 Living Area (SqFt Finished): 2,426 Above Grade Finished Area: 2,426 Below Grade Total Area: 735 Below Grade Finished Area: 0 Below Grade Unfinished Area: 735 PSF Total: $206 PSF Finished: $268 PSF Above Grade: $268 Basement: Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: 1 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Granite Counters Appliances: Dishwasher, Microwave, Oven Exclusions: Alarm and Kwikset lock do not convey. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,600 SqFt Waterfront Feat: Elementary School: Reunion / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Construction Materials: Brick, Frame, Vinyl Siding, Wood Siding Roof: Other Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks Come see this gorgeous 4 bedroom, 2.5 bathroom home now on the market! Fully equipped eat-in kitchen includes updated counters, stylish tile backsplash, white cabinets, and stainless steel appliances. Flow into the living room featuring a cozy fireplace, perfect for entertaining. A luxurious primary suite, complete with a walk-in closet, and an en-suite bathroom with double sinks. Relax with your... Confidential Information Private Remarks: For financing options and to qualify for a $2,500 Lender/Seller Credit, please see www.opendoorhomeloans.com. To check offer status, access necessary buyer-signed documents & submit offers please visit online portal www.opendoor.com/make-offer. Seller has a hold-open policy on the home with OS National LLC, OS National LLC, +17704979100, clientservices@osnational.com. Buyer req’d to sign Affiliate Buyer Agency Comp: 2.5% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.5% Contract Earnest Check To: 3097 Satellite Blvd Suite 400, Duluth, GA 30096 Possession: Closing/DOD Contract Min Earnest: $2,500 Listing Terms: Cash, Conventional, VA Loan Title Company: OS National LLC Ownership: Corporation/Trust Showing Information Showing Contact Phone: Showing Instructions:

720-594-6202 Show Email: No Showings Until: Tours can be scheduled by licensed agents and can be scheduled in advance. To schedule a showing and get access info please call 720-594-6202.

List Agent: Feras Rachid List Office: Opendoor Brokerage LLC Email:

List Agent Phone: 720-594-2727 Mobile: 720-594-2727

homes@opendoor.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/27/2022 12:15:25 PM


Full Property View

15841 E 106th Way, Commerce City, CO 80022

----

$651,000 - Active


10672 Joplin Street, Commerce City, CO 80022 (Status: Closed, Listing ID: 5844810) Close Price: $625,000 County: Adams List Price: $575,000 Property Type: Residential Original List Price: $575,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2006 Subdivision Name: Buffalo Mesa Listing Contract Date: 03/23/2022 Purchase Contract Date: 03/28/2022 Contingency: None Known Close Date (DIM): 04/25/2022 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $4,456 Tax Year: 2020 Tax Legal Desc: SUB:BUFFALO MESA SUBD FILING NO 1 BLK:23 LOT:4 Interior Area & SqFt Building Area Total (SqFt Total): 3,161 Living Area (SqFt Finished): 2,426 Above Grade Finished Area: 2,426 Below Grade Total Area: 735 Below Grade Finished Area: 0 Below Grade Unfinished Area: 735 PSF Total: $198 PSF Finished: $258 PSF Above Grade: $258 Basement: Full, Unfinished Bsmnt Ceiling Ht: Heating: Forced Air Cooling: Central Air HVAC Description: Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Linoleum, Vinyl, Wood Exclusions: Seller's personal property. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,534 SqFt Waterfront Feat: Lot Features: Sprinklers In Front, Sprinklers In Rear Elementary School: Reunion / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Architectural Style: Traditional Direction Faces: View: Mountain(s) Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Home Sweet Home! Fall in love with this spectacular 2-story 4-bedroom single family home in the beautiful Buffalo Mesa neighborhood. This single-family home is easily located on the best block in the neighborhood. The main level is warm, welcoming with a ton of natural light and the perfect space to entertain and enjoy with family and friends. An exquisite kitchen with plenty of space to prepare d... Confidential Information Private Remarks: *Seller needs a 60 Day Post Occupancy Agreement. Seller needs to find replacement home. Showings start Thursday March 24, 2022 @ 8:00 AM. In the event of multiple offers please have offers in by Sunday March 27, 2022 @ 2:00 pm with Acceptance Deadline of Monday March 28, 2022 @ 6:00 pm. Will meet with the sellers Monday around 1:00 pm. Please submit highest and best with proof of funds or l Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Lindsay Coe List Office: LIV Sotheby's International Realty Email:

lindsay.coe@sothebysrealty.com

Buyer Agent: Adrian O'Leary Buyer Office: Resident Realty South Metro Email: adrianworksrealestate@gmail.com Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-246-9099 Mobile: 303-246-9099 Buyer Agent Phone: 720-352-9219 Mobile: 720-352-9219 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/27/2022 12:15:25 PM


10672 Joplin Street, Commerce City, CO 80022

----

$625,000 - Closed


15881 E 106th Way, Commerce City, CO 80022 (Status: Closed, Listing ID: 4390209) County: Adams Property Type: Residential Property Subtype: Single Family Residence Levels: Two Structure Type: House Subdivision Name: Buffalo Mesa Listing Contract Date: 03/31/2022 Purchase Contract Date: 04/04/2022 Close Date (DIM): 05/02/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Tax Annual Amt: $4,338 Tax Legal Desc: SUB:BUFFALO MESA SUBD Interior Area & SqFt 2,984 Living Area (SqFt Finished): 2,101 883 Below Grade Finished Area: 0 $209 PSF Finished: $297 Bsmnt Ceiling Ht:

Close Price: List Price: Original List Price:

$625,000 $618,000 $618,000

Basement: Year Built:

Yes 2006

Contingency:

None Known

Assoc Fee Tot Annl: $480.00 Tax Year: 2020 FILING NO 1 BLK:5 LOT:4

Building Area Total (SqFt Total): Above Grade Finished Area: 2,101 Below Grade Total Area: Below Grade Unfinished Area: 883 PSF Total: PSF Above Grade: $297 Basement: Finished Heating: Forced Air Cooling: Central Air HVAC Description: Exclusions: Sellers Personal Property, Staging items, Garage refrigerator, Garage deep freezer, Clothing washer and dryer, mirror in hallway, all curtains and rods, garage work table Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,692 SqFt Waterfront Feat: Elementary School: Landmark Academy / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Construction Materials: Frame Roof: Architectural Shingles Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks Impeccably Maintained Home in Buffalo Mesa, a highly desirable neighborhood with community pool and amenities galore. Entering the home you will be delighted to see the flex space that could be used as office space, second living area or extended formal dining room. Beautiful flooring and warm gray tone walls make the space feel modern and welcoming. Flowing into the kitchen you will find granit... Confidential Information Private Remarks: The Key team consists of several members. Lead on this property is Cristina Geiger @ 720.280.8311 please submit all offers along with lender letter & current contract if contingent to Cristina@Thekey.team .The information contained herein is provided without the intention that any buyer/agent relies upon it and buyer/agent to independently verify. The information was gathered from preliminary insp Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2%

List Agent: Cristina Geiger List Office: Key Team Real Estate Corp. Email:

Cristina@TheKey.Team

Buyer Agent: Fabian Tarango Buyer Office: Keller Williams Realty Downtown LLC Email: Fabian@highcaphomes.com Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-280-8311 Mobile: 720-280-8311 Buyer Agent Phone: 720-323-7019 Mobile: 720-323-7019 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/27/2022 12:15:25 PM


15881 E 106th Way, Commerce City, CO 80022

----

$625,000 - Closed


10731 Idalia Way Lot 22, Commerce City, CO 80022 (Status: Closed, Listing ID: 4059837) Close Price: $610,200 County: Adams List Price: $610,200 Property Type: Residential Original List Price: $610,200 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2004 Subdivision Name: Buffalo Mesa Sub Filing 1 Listing Contract Date: 01/06/2022 Purchase Contract Date: 01/12/2022 Contingency: None Known Close Date (DIM): 02/04/2022 Days In MLS: 6 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $4,531 Tax Year: 2020 Tax Legal Desc: SUB:BUFFALO MESA SUBD FILING NO 1 BLK:4 LOT:22 Interior Area & SqFt Building Area Total (SqFt Total): 3,386 Living Area (SqFt Finished): 2,426 Above Grade Finished Area: 2,426 Below Grade Total Area: 960 Below Grade Finished Area: 0 Below Grade Unfinished Area: 960 PSF Total: $180 PSF Finished: $252 PSF Above Grade: $252 Basement: Unfinished Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: 1 Heating: Forced Air Cooling: Central Air HVAC Description: Furnished: Unfurnished Exclusions: Electronic deadbolt lock, smart home equipment attached to the Real Property (e.g., cellular hub or sensors) Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,600 SqFt Waterfront Feat: Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / High School: Prairie View / School District 27-J Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Photos coming soon. Don’t miss out on this luxurious 4 bedroom, 2.5 bathroom home in the Buffalo Run Mesa community! As you enter prepare to be amazed by the open floor plan and brilliant natural light coming through the large bay-style windows. Cozy up next to the fireplace in the spacious living room surrounded by tall ceilings and an arched shape built-in mantel. The home cook will fall in love... Confidential Information Private Remarks: Home Access: 6a-8p. For home access, enter 7977 into the lockbox for the key. When exiting please be sure to replace key back into the lockbox. Call 855-561-0867 for home access support if needed. Submit PDF offers to offers-den@zillow.com. Photos avail January. No FHA until 2/5; will consider FHA offers on 1/5. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: Austin Edwards List Office: Zillow Homes, LLC Email:

offers-den@zillow.com

Buyer Agent: Kylie Rupert Buyer Office: Coldwell Banker Realty 26 Email:

kylie.rupert@coloradohomes.com

Concessions: Other, $2,950 Buyer Financing: VA

List Agent Phone: 720-213-3559 Mobile: 720-213-3559 Buyer Agent Phone: 303-842-8205 Mobile: 303-842-8205 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/27/2022 12:15:25 PM


10731 Idalia Way, Commerce City, CO 80022

----

$610,200 - Closed


10776 Kalispell Street, Commerce City, CO 80022 (Status: Closed, Listing ID: 5781582) Close Price: $560,000 County: Adams List Price: $550,000 Property Type: Residential Original List Price: $550,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2005 Subdivision Name: Buffalo Mesa Listing Contract Date: 01/07/2022 Purchase Contract Date: 01/09/2022 Contingency: Close Date (DIM): 02/09/2022 Days In MLS: 2 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $480.00 Tax Annual Amt: $4,242 Tax Year: 2020 Tax Legal Desc: BUFFALO MESA SUBD FILING NO 1 BLK:1 LOT:12 Interior Area & SqFt Building Area Total (SqFt Total): 2,864 Living Area (SqFt Finished): 2,073 Above Grade Finished Area: 2,073 Below Grade Total Area: 791 Below Grade Finished Area: 0 Below Grade Unfinished Area: 791 PSF Total: $196 PSF Finished: $270 PSF Above Grade: $270 Basement: Bath/Stubbed, Full, Unfinished Bsmnt Ceiling Ht: Foundation: Slab Fireplace: Family Room, Gas Heating: Forced Air Cooling: Central Air HVAC Description: Central Air Conditioning, Interior Features: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Microwave, Oven Exclusions: Sellers personal property Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $40.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Trash Assoc Amenities: Clubhouse, Park, Pool, Trail(s) Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.15 Acres / 6,612 SqFt Waterfront Feat: Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Direction Faces: West View: Mountain(s) Construction Materials: Brick Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Are you looking for a beautifully updated home in a great location? Here it is! You'll fall in love with the kitchen that features quartz countertops, full tile backsplash and stainless steel appliances with a gas range. Upstairs you are spoiled with a large primary suite complete with a fully remodeled bath and a large walk in closet. Cuddle up next to the gas fireplace on those chilly winter nig... Confidential Information Private Remarks: All information is reliable but not guaranteed. Buyer and Buyers agent to verify all information. Contact listing agent for inspections and appraisals. Listing requires an appointment with at least 1 hours notice in advance. Listing will be active on Friday the 7th and showings start on Saturday the 8th at 9:00am. Buyer Agency Comp: 2.80% Dual Variable: Submitted Prosp: No Transaction Broker Comp: 2.80%

List Agent: Jathan Trevena List Office: COLDWELL BANKER REALTY Email:

jathan@homesinnorthernco.com

Buyer Agent: Jeffrey Kerzman Buyer Office: Porchlight Real Estate Group Email:

jeffkerzman@porchlightgroup.com

Concessions: No Buyer Financing: FHA

List Agent Phone: 970-413-3737 Mobile: 970-413-3737 Buyer Agent Phone: 720-891-2241 Mobile: 720-891-2241 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/27/2022 12:15:25 PM


10776 Kalispell Street, Commerce City, CO 80022

----

$560,000 - Closed


Commerce City Count: 1

8514546 15841 E 106th WAY

Generated on: 05/27/2022

Presented By: Mitch Helfer

Report Totals

4390209 15881 E 106th WAY

5844810 10672 Joplin ST

Count : 5

Commerce City Commerce City Commerce City Commerce City Count: 4

5781582 10776 Kalispell ST

4059837 10731 Idalia WAY

City

Listing ID Address

Closed Properties

City

Listing ID Address

Active Properties

Residential

4

4

4

4

Bds

4

Bds

Abv

Ttl

Averages:

SqFt Abv 2,290

Sqft Fin 2,290

2,257

2,101

2,426

2,426

2,073

Fin

2,426

2,426

Fin

$268

$268

PSF Abv

$269

$297

$258

$252

$270

PSF Abv

PSF Abv $ 269

Low $560,000

05/02/22

04/25/22

02/04/22

02/09/22

Close

Low $651,000

03/28/22

List

$198

60

60 $687,000

687,000

$269

$297

$258

$252

$270

4

4

5

6

2

PSF Fin $269

Orig Price $608,040

$588,300

618,000

575,000

610,200

550,000

PSF Fin DIM Orig Price

Median $617,600 PSF Ttl

$196

$209

$198

$180

$196

$268

$268

PSF Fin DIM Orig Price

Median $651,000

PSF Ttl

$206

$206

PSF Ttl

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

SqFt Ttl 3,111

High $625,000

3,099

2,257

Averages: Closed Price:

2,984

3,161

3,386

2,864

2,101

2,426

2,426

2,073

3

3

3

3

Bths

High $651,000

3,161

2,426

Averages: List Price:

3,161

Ttl

2,426

Abv

3

Bths

CP/OLP 103 %

103%

101%

109%

100%

102%

CP/OLP

CMA 1-Line Page 1 of 1

List Price Close Price $600,840 $605,050

$588,300 $605,050

$618,000 $625,000

$575,000 $625,000

$610,200 $610,200

$550,000 $560,000

List Price Close Price

$651,000

$651,000

List Price

This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/27/2022 to 11/28/2021 Latitude, Longitude is within 0.25 mi of 10753 Joplin St, Commerce City, CO 80022, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'


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.


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.


Results That MOVE You

720.208.7200 TheBarticGroup.com A Veteran Owned Business


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.