Chuck and Stacy by Brendan Bartic

at Keller Williams Integrity

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Chuck and Stacy Shepley AUGUST 2, 2022

Kyle Gephart

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Online Valuation Analysis How accurate are Zestimates?

3.9%

$30,800

Zestimates varied up to 3.9% or $30,800 compared to actual MLS prices.

6 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

9644 Las Colinas Drive

2/11/22

$760,000

$789,300

3.9%

9672 Indian Wells Drive

3/9/22

$900,000

$928,400

3.2%

9623 Las Colinas Drive

2/24/22

$900,000

$930,800

3.4%

7447 Indian Wells Lane

5/24/22

$923,000

$935,000

1.3%

9682 Kemper Drive

4/29/22

$972,500

$990,200

1.8%

5/3/22

$974,000

9504 S Las Colinas Drive

Source: Zillow

Kyle Gephart Cell: 720-520-4448

9694 Las Colinas Dr, Lone Tree, CO 80124-4201, Douglas County APN: R0365052

Expired Listing

CLIP: 1408173470

MLS Beds 3

MLS Full Baths 2

Half Baths N/A

Sale Price $600,000

MLS Sq Ft 3,202

Lot Sq Ft 7,623

Yr Built 1995

Type SFR

Sale Date 06/16/2017

OWNER INFORMATION

Owner Name

Shepley Charles

Mailing Zip

80124

Owner Name 2

Shepley Stacy

Mailing ZIP 4

4201

Mailing Address

9694 Las Colinas Dr

Mailing Carrier Route

C068

Mailing City & State

Lone Tree, CO

Owner Occupied

Yes

Property Zip

80124

Census Tract

141.15

Property Zip4

4201

Neighborhood Code

202-202

Property Carrier Route

C068

Township

School District

Douglas County Re 1

Range

Elementary School

Eagle Ridge

Section

Middle School

Cresthill

Quarter

High School

Highlands Ranch

Block

Subdivision

Lone Tree

Lot

R0365052

% Improved

84%

Alternate PIN

223109306022

Tax District

3493

Schedule Number

0365052

Legal Description

LOT 73 LONE TREE 13A 0.175 AM/ L

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2022 - Preliminary

2021

2020

2019

Market Value - Land

$107,491

$97,100

Market Value - Improved

$554,011

$523,288

Market Value - Total

$661,502

$620,388

Assessed Value - Land

$7,470

$7,690

$6,940

Assessed Value - Improved

$38,500

$39,610

$37,420

Assessed Value - Total

$45,970

$47,300

$44,360

YOY Assessed Change (%)

-2.81%

6.63%

YOY Assessed Change ($)

-$1,330

$2,940

Tax Year

Total Tax

2019

$4,107

Change ($)

Change (%)

2020

$4,093

-$13

-0.33%

2021

$4,347

$254

6.2%

CHARACTERISTICS

Lot Acres

0.175

Bedrooms

Lot Sq Ft

7,623

Baths - Total

Tax: 3 MLS: 4

Land Use - County

Res Single Family Improvements

MLS Total Baths

Land Use - CoreLogic

SFR

Baths - Full

Tax: 3 MLS: 2

Building Type

Single Family

Baths - Half

MLS: 2

Year Built

1995

Stories

Bldg Sq Ft - Above Ground

2,398

Fireplace

Bldg Sq Ft - Basement

889

Fireplaces

Bldg Sq Ft - Finished Basement

804

Heat Type

Forced Air

Bldg Sq Ft - Unfinished Basement

Garage Type

Built-In

Bldg Sq Ft - Total

3,287

Garage Capacity

MLS: 3

Bldg Sq Ft - Finished

3,202

Garage Sq Ft

740

Basement Type

Walk Out

Roof Material

Concrete Tile

# Buildings

Exterior

Frame

Total Rooms

Quality

Good

Property Details

Courtesy of Kyle Gephart, 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: 08/02/22 Page 1/3

SELL SCORE

Rating

Low

Sell Score

454

Value As Of

2022-07-31 05:10:23

LISTING INFORMATION

MLS Listing Id

5603705

MLS Current Price

$865,000

MLS Days On Market

MLS Original List Price

$950,000

MLS Source

REcolorado

MLS Listing Contract Date

05/22/2022

MLS Status

Expired

MLS List Office Name

TERRA REALTY GROUP

MLS Status Change Date

08/01/2022

MLS List Agent Full Name

03030n-James Thomas

MLS Listing #

Ir820197

3380465

6517612

MLS Source History

IRES

REcolorado

MLS Status

Expired

Closed

Expired

MLS Listing Price

$579,000

$499,000

MLS Orig Listing Price

$579,000

$550,000

MLS Listing Close Price

$600,000

MLS Listing Date

05/16/2017

05/15/2017

MLS Close Date

03/27/2014

06/16/2017

MLS Listing Expiration Date

05/07/2018

03/27/2015

LAST MARKET SALE & SALES HISTORY

Sale Date

06/16/2017

Deed Type

Warranty Deed

Sale Price

$600,000

Owner Name

Shepley Charles

Price per SqFt - Finished

$187.38

Owner Name 2

Shepley Stacy

Document Number

40895

Seller

Nolt David K

Sale Date

06/16/2017

04/25/1996

Sale Price

$600,000

$233,142

Buyer

Shepley Charles & Stacy

Nolt David K

Buyer

Shepley Stacy

Seller

Nolt David K

Sheffield Homes

Document Number

40895

1336-1697

Document Type

Warranty Deed

Title Company

Land Title Guarantee

MORTGAGE HISTORY

Mortgage Date

03/23/2021

06/16/2017

09/08/2014

04/26/2006

Mortgage Amount

$510,000

$480,000

$90,000

$400,000

$100,000

Mortgage Lender

Caliber Hm Loans Inc

Bellco Cu

Umb Bk

Charles Schwab Bk Na

Borrower

Shepley Charles

Nolt David K

Borrower

Shepley Stacy

Mortgage Type

Conventional

Mortgage Purpose

Refi

Resale

Refi

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Mortgage Term

Years

Title Company

First American Mtg Sol utions

First American Title Ins urance

Mortgage Date

08/15/2005

05/19/2003

Mortgage Amount

$156,000

$60,000

$196,693

Mortgage Lender

Umb Bk/Co

Chase Manhattan Bk/Usa

Chase Manhattan Mtg

Borrower

Nolt David K

Mortgage Type

Conventional

Mortgage Purpose

Refi

Mortgage Int Rate Type

Adjustable Int Rate Loan

Fixed Rate Loan

Mortgage Term

Years

Web-Title.com

Borrower

Title Company

Property Details

Courtesy of Kyle Gephart, REcolorado

Generated on: 08/02/22 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Kyle Gephart, REcolorado

Generated on: 08/02/22 Page 3/3

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

BEDS

BATHS

SQFT

PRICE

9694 Las Colinas Dr

4.00

3,286

Subject

9248201

9644 Las Colinas Drive

4.00

2,714

$760,000

3386065

9672 Indian Wells Drive

3.00

2,377

$900,000

5243484

9623 Las Colinas Drive

4.00

2,800

$900,000

8634695

7447 Indian Wells Lane

3.00

2,747

$923,000

7193576

9682 Kemper Drive

5.00

4,406

$972,500

9739739

9504 S Las Colinas Drive

4.00

3,191

$974,000

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9644 Las Colinas Drive $760,000 CLOSED

Lone Tree, CO 80124

4 Beds 4.00 Baths Year Built 1995

2/11/22

MLS #9248201 2,714 Sq. Ft. ($280 / sqft) Days on market: 7

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 1/28/22

Taxes: $3,655

Lot Size (sqft): 7,579

County: Douglas

Garages: 3

Updated: Feb 11, 2022 5:26 AM

School District: Douglas RE-1

Subdivision: Lone Tree

List date: 1/18/22

List Price: $759,300

High: Highlands Ranch

Full baths: 2.0

Sold date: 2/11/22

Orig list price: $759,300

Middle: Cresthill

Assoc Fee: $132

Elementary: Eagle Ridge

Levels: Two

Structure Type: House

Listing Terms: Cash, Conventional, VA Loan

3/4 Baths: 1.0

Features Association Fee Frequency: Quarterly

Below Grade Unfinished Area: 79.0

Association Name: Terra Ridge at Lone Tree Homeowners Association

Concessions: Cash Concessions Amount: 900

Living Area Total: 2714

Tax Legal Description: LOT 68 LONE TREE 13A 0.174 AM/L

Main Level Bathrooms: 1

Tax Year: 2020

Association Phone: 303-779-0789

Construction Materials: Brick, Frame, Wood Siding

Parking Total: 3

Virtual Tour: View

Association Yn: true Basement: Walk-Out Access

Cooling: Central Air Heating: Forced Air

Roof: Composition Senior Community Yn: false Sewer: Public Sewer

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Remarks Prepare to be impressed when you enter this superbly maintained and presented 4 bedroom, 3.5 bathroom, single-family home in the sought-after community of Lone Tree. The open floorplan with high vaulted ceilings, sleek wood-like flooring, and large windows allow ample natural light to flow effortlessly from room to room. The open concept in the kitchen and the living room is perfect for comfortable living and entertaining. The chef of the household will enjoy cooking in this kitchen that has plenty of cabinet space, a large kitchen island, and durable countertops that will help make food preparation and serving your guests a simple task. Enjoy some quiet moments in the living room with a brick fireplace that you can use to warm up any evening. After a long day, relax in your spacious primary bedroom featuring a gorgeous en suite bathroom with a soaking tub, dual vanity sinks, and a sizeable walk-in closet. Located minutes away from local parks and dining options.

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9644 Las Colinas Drive $760,000 CLOSED

2/11/22

9694 Las Colinas Drive, Lone Tree, Colorado 80124 Lone Tree, CO 80124

4 Beds 4.00 Baths Year Built 1995

MLS #9248201 2,714 Sq. Ft. ($280 / sqft) Days on market: 7

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9672 Indian Wells Drive $900,000 CLOSED

Lone Tree, CO 80124

4 Beds 3.00 Baths Year Built 1995

3/9/22

MLS #3386065 2,377 Sq. Ft. ($379 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 2/7/22

Taxes: $4,198

Lot Size (sqft): 8,581

County: Douglas

Garages: 3

Updated: Mar 9, 2022 10:12 AM

School District: Douglas RE-1

Subdivision: Terra Ridge

List date: 1/27/22

List Price: $800,000

High: Highlands Ranch

Style: Traditional

Sold date: 3/9/22

Orig list price: $800,000

Middle: Cresthill

Assoc Fee: $132

Elementary: Eagle Ridge

Association Phone: 303-779-0789

Common Walls: No Common Walls

Fireplace Features: Family Room, Gas

Association Yn: true

Concessions: No

Fireplaces Total: 1

Basement: Unfinished

Construction Materials: Brick, Frame

Foundation Details: Concrete Perimeter

Cooling: Central Air

Heating: Forced Air

Builder Model: Summerfield

Direction Faces: West

Builder Name: Sheffield Homes

Exterior Features: Private Yard, Rain Gutters, Spa/ Hot Tub

Interior Features: Breakfast Nook, Ceiling Fan(s), Entrance Foyer, Five Piece Bath

Full baths: 2.0

Features Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator Association Amenities: Park, Playground, Trail(s) Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds Association Name: Terra Ridge @ Lone Tree HOA

Below Grade Unfinished Area: 632.0

Building Area Source: Public Records

Electric: 110V, 220 Volts

Fencing: Full

Levels: Two Listing Terms: Cash, Conventional, FHA

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

Living Area Total: 2377 Lot Features: Greenbelt, Irrigated, Landscaped, Level, Master Planned, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Features: Concrete Parking Total: 3

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Patio And Porch: Deck, Front Porch Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved

Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Tax Legal Description: LOT 53 LONE TREE #13B .197 AM/L Tax Year: 2020

Sewer: Public Sewer

Utilities: Electricity Connected, Natural Gas Connected, Phone Connected

Structure Type: House

Virtual Tour: View

Senior Community Yn: false

Water Source: Public

Remarks This outstanding four bedroom, three bath home is just what you have been looking for. All four bedrooms are on the same floor, there is a main floor study, a three car garage and the orientation is just about ideal. The western front exposure helps insure that the sun melts the snow from your driveway and the back yard is shady on those warm summer afternoons. The basement is unfinished and provided loads of storage or the opportunity for future expansion. The hot tub is included along with the refrigerator. There is a neighborhood park and playground right up the street. Behind the property is a community maintained green space with a walking path. The interior of the home has been tastefully updated and remodeled. Take a look at the photos to see what I mean. The furnace and A/C were just given a full service and a clean bill of health in September. The roof was replaced in October and the home received new carpet in December. Much of the interior has been repainted in the last couple of months. The home is in perfect "turn key" condition.

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9672 Indian Wells Drive $900,000 CLOSED

3/9/22

Lone Tree, CO 80124

4 Beds 3.00 Baths Year Built 1995

MLS #3386065 2,377 Sq. Ft. ($379 / sqft) Days on market: 4

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9623 Las Colinas Drive $900,000 CLOSED

Lone Tree, CO 80124

4 Beds 4.00 Baths Year Built 1994

2/24/22

MLS #5243484 2,800 Sq. Ft. ($321 / sqft) Days on market: 15

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 1/24/22

Taxes: $3,782

Half baths: 1.0

County: Douglas

Lot Size (sqft): 8,886

Updated: Feb 24, 2022 4:28 AM

School District: Douglas RE-1

Subdivision: Terra Ridge

Garages: 3

List Price: $900,000

High: Highlands Ranch

Style: Mountain Contemporary

List date: 1/9/22

Orig list price: $850,000

Middle: Cresthill

Sold date: 2/24/22

Assoc Fee: $39

Elementary: Eagle Ridge

Association Name: Terra Ridge

Concessions: No

Flooring: Carpet, Tile, Wood

Full baths: 2.0

Features Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer

Association Phone: 866-473-2573

Construction Materials: Frame, Stone, Wood Siding

Association Yn: true

Cooling: Central Air

Basement: Partial

Direction Faces: East

Association Fee Frequency: Monthly

Below Grade Unfinished Area: 11.0

Exterior Features: Lighting, Private Yard

Association Fee Includes: Road Maintenance, Sewer, Snow Removal, Trash

Builder Name: Sheffield Homes

Fencing: Full

Building Area Source: Public Records

Association Amenities: Trail(s)

Furnished: Unfurnished Heating: Forced Air, Natural Gas

Fireplace Features: Family Room Fireplaces Total: 1

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Jet Action Tub, Kitchen Island, Master Suite, Open Floorplan, Smoke Free, T&G Ceilings, Utility Sink, Vaulted Ceiling(s), WalkIn Closet(s)

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Living Area Total: 2800 Lot Features: Corner Lot, Greenbelt, Irrigated, Landscaped, Level, Many Trees, Near Public Transit, Open Space, Sprinklers In Front, Sprinklers In Rear

Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition

Tax Year: 2020 Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

Main Level Bathrooms: 1

Security Features: Carbon Monoxide Detector(s)

Parking Features: Concrete, Lift

Senior Community Yn: false

Parking Total: 3

Sewer: Public Sewer

Window Features: Window Coverings, Window Treatments

Levels: Two

Patio And Porch: Patio

Structure Type: House

Zoning: SFR

Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo, VA Loan

Property Condition: Updated/Remodeled

Tax Legal Description: LOT 91 LONE TREE 13A 0.204 AM/L

Laundry Features: In Unit

Vegetation: Grassed Water Source: Public

Remarks Corner lot with park like setting in backyard and no neighbors behind. Recently remodeled including brand new interior paint through-out. Custom stacked stone accent walls, lighting and brand new carpet in Finished Basement with 9ft ceilings. Floorplan includes Main Floor Office, 3 bedrooms upstairs and fully finished basement with an additional 4th bedroom. Over $125k recently invested in the property. Gourmet Kitchen with Granite countertop, gas stove, all Stainless-Steel appliances included, desk, pantry, vaulted ceilings with natural light. Recently installed hardwood flooring on main and upper level. Remodeled Bathrooms. Finished Garden Level basement with Media Room, built in cabinetry, Wet Bar w/ Granite, updated Bathroom and Guest Bedroom. Lot backs to walking trail/open space with park views. Walking distance to Lone Tree Golf Course, Cook Creek Pool, parks and walking trails. Homeowner has access to Lone Tree Recreation Center. Inclusions: All appliances, windows coverings, custom lighting and washer/ dryer. **Home appraised for $880,000 in August 2021. Seller accepted an offer without showing home. Seller encourages backup offers!**

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9623 Las Colinas Drive $900,000 CLOSED

2/24/22

9694 Las Colinas Drive, Lone Tree, Colorado 80124 Lone Tree, CO 80124

4 Beds 4.00 Baths Year Built 1994

MLS #5243484 2,800 Sq. Ft. ($321 / sqft) Days on market: 15

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

7447 Indian Wells Lane $923,000 CLOSED

Lone Tree, CO 80124

3 Beds 3.00 Baths Year Built 1996

5/24/22

MLS #8634695 2,747 Sq. Ft. ($336 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Half baths: 1.0 Lot Size (sqft): 9,191

Updated: May 24, 2022 8:56 AM

School District: Douglas RE-1

County: Douglas

Garages: 3

List Price: $875,000

High: Highlands Ranch

Subdivision: Terra Ridge

List date: 4/27/22

Orig list price: $875,000

Middle: Cresthill

Style: Traditional

Sold date: 5/24/22

Assoc Fee: $132

Elementary: Eagle Ridge

Full baths: 1.0

Off-market date: 5/2/22

Taxes: $4,511

Association Fee Includes: Capital Reserves, Maintenance Grounds, Recycling, Trash

Basement: Finished, Interior Entry/Standard, Partial, Sump Pump, Walk-Out Access

Association Name: Terra Ridge at Lone Tree HOA

Below Grade Unfinished Area: 53.0

Exterior Features: Garden, Private Yard, Rain Gutters

Association Phone: 303-779-0789

Building Area Source: Public Records

Fencing: Full

Association Yn: true

Concessions: No

Fireplace Features: Family Room, Gas, Insert

Construction Materials: Wood Siding

Fireplaces Total: 1

3/4 Baths: 1.0

Features Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Sump Pump, Washer Association Amenities: Park, Trail(s) Association Fee Frequency: Quarterly

Cooling: Attic Fan, Central Air Direction Faces: South

Flooring: Carpet, Laminate, Tile, Wood

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Furnished: Unfurnished

Levels: Multi/Split

Patio And Porch: Deck

Structure Type: House

Heating: Forced Air

Listing Terms: Cash, Conventional, FHA, VA Loan

Property Condition: Updated/Remodeled

Tax Legal Description: LOT 19 LONE TREE #13B .211 AM/L

Living Area Total: 2747

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Radon Mitigation System, Smoke Free, Utility Sink, Vaulted Ceiling(s), WalkIn Closet(s)

Lot Features: Corner Lot, Cul-De-Sac, Landscaped, Many Trees, Sprinklers In Front, Sprinklers In Rear Parking Features: Concrete, Dry Walled

Roof: Composition

Senior Community Yn: false

Tax Year: 2021 View: Mountain(s) Water Source: Public Window Features: Double Pane Windows, Window Coverings

Sewer: Public Sewer

Parking Total: 3

Remarks Fall in love with this newly remodeled & updated home in Terra Ridge! Enjoy colorful Colorado sunsets in the Spring, Summer and Fall, and snow capped mountain views in the Winter from the comfort of your own deck. Situated on a large, private corner lot, this meticulously maintained home features vaulted ceilings, beautiful hardwood flooring, new paint & carpeting and a spacious 3 car garage. The chefs kitchen is newly remodeled and offers beautiful form and functionality with quartz countertops, stainless steel appliances and new white cabinetry. The island is large with bar seating and is open to the family room below - a perfect set up for entertaining. Just off the light and bright family room is the remodeled 1/2 bath featuring an antique schoolhouse sink. Both kitchen and family room offer views and easy access to the outdoor back deck. Upstairs, the Primary Suite features vaulted ceilings, ensuite bath and walk-in closet. The brand new 5 piece bath is gorgeous & near completion - the glass for the shower enclosure has been ordered & will be installed prior to closing. Two more bedrooms & an updated bath complete the upstairs. The finished walkout basement offers even more living space. It opens up to the spacious and private backyard which features The Shoffice and a fenced in garden area. The Shoffice is a shed inconspicuously tucked under the back deck and has has been set up as the sellers home office. It is a MUST SEE feature of the home! The house exterior was completely repainted in Spring 2021 & any damaged exterior siding was replaced. The seller will ensure that the sprinkler system will be in working order for the new buyer as well. Enjoy the trails throughout the neighborhood along with all of the South Suburban Parks and Recreation offerings. Lone Tree Golf and Tennis are within walking distance. Close to Park Meadows Mall, I-25, E-470 & light rail. Open house Saturday, April 30 from 12pm 2pm

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

7447 Indian Wells Lane $923,000 CLOSED

5/24/22

9694 Las Colinas Drive, Lone Tree, Colorado 80124 Lone Tree, CO 80124

3 Beds 3.00 Baths Year Built 1996

MLS #8634695 2,747 Sq. Ft. ($336 / sqft) Days on market: 5

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9682 Kemper Drive

Lone Tree, CO 80124

$972,500 CLOSED

4 Beds 5.00 Baths Year Built 1988

4/29/22

MLS #7193576 4,406 Sq. Ft. ($221 / sqft) Days on market: 29

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 4/6/22

Taxes: $4,792

Lot Size (sqft): 12,807

County: Douglas

Garages: 3

Updated: May 4, 2022 5:18 AM

School District: Douglas RE-1

Subdivision: Lone Tree

List date: 3/4/22

List Price: $995,000

High: Highlands Ranch

Full baths: 2.0

Sold date: 4/29/22

Orig list price: $1,100,000

Middle: Cresthill

Assoc Fee: $320

Elementary: Eagle Ridge

3/4 Baths: 2.0

Features Appliances: Dishwasher, Disposal

Below Grade Unfinished Area: 162.0

Fireplaces Total: 1 Foundation Details: Slab

Road Frontage Type: Public Road

Association Fee Frequency: Annually

Building Area Source: Appraiser

Heating: Baseboard, Forced Air, Natural Gas

Road Responsibility: Public Maintained Road

Association Fee Includes: Maintenance Grounds, Trash

Concessions: Buyer Closing Costs/Seller Points Paid

Levels: Two

Roof: Composition

Association Name: Associa

Concessions Amount: 3800

Listing Terms: Cash, Conventional, Jumbo, VA Loan

Security Features: Security Entrance, Smoke Detector(s)

Association Phone: 303-232-9200

Construction Materials: Frame

Living Area Total: 4406

Senior Community Yn: false

Association Yn: true

Cooling: Central Air

Basement: Partial

Fencing: Full

Main Level Bathrooms: 1 Parking Total: 3

Sewer: Public Sewer Structure Type: House

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

Tax Legal Description: LOT 1 BLK 2 LONE TREE #5 0.294 AM/L

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Tax Year: 2020

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Water Source: Public

Remarks Large stately home in desirable Lone Tree! This home has it all! The Grand Entry showcases the gorgeous staircase and upgraded lighting, with access for the formal living room and main floor office with french doors! High end patterned carpet and gorgeous hardwoods throughout the house! Lots of custom paint with a rich custom feel! Beautiful cook's kitchen with massive island cooktop and double oven! Tasteful custom lighting in kitchen and nook area! Kitchen opens to the spacious family room with floor to ceiling brick fireplace! Upstairs there are 4 large bedrooms with updated baths! The master bed includes a HUGE dream 10 x 12 walk in closet! The lower level features a secondary kitchen area and bonus room/home theater with fireplace! The outdoor areas are a dream, with covered and uncovered sitting areas, fire pits, numerous raised garden beds, all perfect for the Colorado climate! A super floorplan in one of the most special areas in the Southeast suburbs! A 3 block walk to the award winning Eagle Ridge Elementary school! Close to Park Meadows shopping, dining, quick access to C470 for your ski or hiking/biking adventures!

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9682 Kemper Drive $972,500 CLOSED

4/29/22

9694 Las Colinas Drive, Lone Tree, Colorado 80124 Lone Tree, CO 80124

4 Beds 5.00 Baths Year Built 1988

MLS #7193576 4,406 Sq. Ft. ($221 / sqft) Days on market: 29

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9504 S Las Colinas Drive $974,000 CLOSED

Lone Tree, CO 80124

4 Beds 4.00 Baths Year Built 1994

5/3/22

MLS #9739739 3,191 Sq. Ft. ($305 / sqft) Days on market: 11

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 4/3/22

Taxes: $3,842

Lot Size (sqft): 10,803

County: Douglas

Garages: 3

Updated: May 3, 2022 7:45 AM

School District: Douglas RE-1

Subdivision: Terra Ridge

List date: 3/23/22

List Price: $979,000

High: Highlands Ranch

Full baths: 1.0

Sold date: 5/3/22

Orig list price: $979,000

Middle: Cresthill

Assoc Fee: $132

Elementary: Eagle Ridge

Below Grade Unfinished Area: 53.0

Direction Faces: South

3/4 Baths: 2.0

Features Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Gas Water Heater, Humidifier, Microwave, Range, Range Hood, Refrigerator

Association Fee Includes: Capital Reserves, Maintenance Grounds, Snow Removal, Trash

Association Amenities: Park, Playground, Trail(s)

Association Phone: 3037790789

Association Fee Frequency: Quarterly

Association Yn: true

Association Name: Terra Ridge @Lone Tree HOA

Basement: Finished, Full, Interior Entry/Standard

Builder Name: Sheffield Homes

Exterior Features: Lighting, Private Yard Fencing: Full

Building Area Source: Public Records

Fireplace Features: Family Room, Gas Log

Common Walls: No Common Walls

Fireplaces Total: 1

Concessions: No Construction Materials: Brick, Frame, Vinyl Siding Cooling: Attic Fan, Central Air

Flooring: Carpet, Wood Foundation Details: Slab Furnished: Unfurnished Heating: Forced Air, Natural Gas

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Radon Mitigation System, Smart Thermostat, Smoke Free, Solid Surface Counters, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s) Irrigation Source: Sprinkler-Pivot Laundry Features: In Unit Levels: Two

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Listing Terms: Cash, Conventional, Jumbo

Property Condition: Updated/Remodeled

Living Area Total: 3191

Road Frontage Type: Public Road

Lot Features: Corner Lot, Irrigated, Landscaped, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Road Responsibility: Public Maintained Road

Tax Legal Description: LOT 54 LONE TREE 13A 0.248 AM/L Tax Year: 2020

Road Surface Type: Paved

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Main Level Bathrooms: 1

Roof: Composition

Virtual Tour: View

Parking Features: 220 Volts, Concrete, Exterior Access Door, Insulated, Lighted, Smart Garage Door, Storage

Security Features: Carbon Monoxide Detector(s), Smart Locks, Smoke Detector(s)

Water Source: Public

Parking Total: 3

Senior Community Yn: false

Patio And Porch: Deck

Sewer: Public Sewer

Pets Allowed: Yes

Structure Type: House

Window Features: Double Pane Windows, Skylight(s), Window Coverings Zoning: SFR

Remarks Completely updated two story home with a full finished basement in Terra Ridge neighborhood in Lone Tree!Meticulously maintained with lots of upgrades and custom features.Situated on a corner,fully fenced, flat lot with excellent curb appeal.New exterior paint including the brick.Custom upgrades throughout the home.Beautifully newly remodeled chef's kitchen with a 48 inch Viking gas Range and commercial hood!Quartz countertops,9 ft island,stainless steel appliances,soft close cabinets,built-in pantry,farmhouse cast iron sink and under cabinet lighting.Beautiful wood floors throughout the open main level,vaulted living room and family room with a gas fireplace.Main floor office with French doors and a mud room with built in storage and bench.The primary suite has a french door entry, vaulted ceilings and 2 separate closets.The bathroom has vaulted ceilings,marble flooring,custom height taller sink vanities and a custom double headed marble shower with frameless glass door and bench.Upstairs you will find all brand new carpet, 2 secondary bedrooms and a full bathroom.The finished basement has brand new carpet and paint it's perfect for relaxing,exercise and recreation. With a bedroom and bath and unfinished storage room.Incredible private flat yard with spacious deck, mature trees and landscaping.Close to Eagle Ridge Elementary,pool,tennis and golf course.

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

9504 S Las Colinas Drive $974,000 CLOSED

5/3/22

Lone Tree, CO 80124

4 Beds 4.00 Baths Year Built 1994

MLS #9739739 3,191 Sq. Ft. ($305 / sqft) Days on market: 11

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Comparable Property Statistics S

6 Sold Listings LOWEST

$760,000

AVERAGE

$904,916

HIGH

$974,000

AVG PRICE / SQFT

AVG DOM

$307

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Sold Property Analysis Averages

102.3%

Homes sold for an average of 102.3% of their list price.

Days on market

It took an average of 11 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

9644 Las Colinas Drive

$759,300

$760,000

100.09%

$280

9672 Indian Wells Drive

$800,000

$900,000

112.50%

$379

9623 Las Colinas Drive

$850,000

$900,000

105.88%

$321

7447 Indian Wells Lane

$875,000

$923,000

105.49%

$336

$1,100,000

$972,500

88.41%

$221

$979,000

$974,000

99.49%

$305

$893,883

$904,916

101.23%

$307

9682 Kemper Drive 9504 S Las Colinas Drive

Averages

Kyle Gephart Cell: 720-520-4448

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

9644 Las Colinas Drive

2/11/22

4.00

2,714

$760,000

$280

9672 Indian Wells Drive

3/9/22

3.00

2,377

$900,000

$379

9623 Las Colinas Drive

2/24/22

4.00

2,800

$900,000

$321

7447 Indian Wells Lane

5/24/22

3.00

2,747

$923,000

$336

9682 Kemper Drive

4/29/22

5.00

4,406

$972,500

$221

5/3/22

4.00

3,191

$974,000

$305

3,039

$904,916

$307

9504 S Las Colinas Drive

Averages

Kyle Gephart Cell: 720-520-4448

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

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.

Comparative Market Analysis

9694 Las Colinas Drive, Lone Tree, Colorado 80124

Marketing Action Plan Below are a few of the services we can provide as part of the marketing of your home. Before we can get started, the first important step is to: Sign and complete the Listing Agreement

First Week Enter listing into the MLS system. Put up "For Sale" yard sign. Install lock box. (optional) Schedule time to shoot property photos. Review showing procedure. Prepare property flyer. Syndicate listing to real estate websites.

Second Week Invite brokers and agents to tour home. Begin agent to agent marketing efforts. Review and update status.

Third Week Hold Open House.

Ongoing activities Show property to potential buyers. Follow-up on Internet leads. Monitor market conditions. Monitor comparable properties for sale. Monitor foreclosures and short sales in market.

Kyle Gephart Cell: 720-520-4448

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