Cel

at Keller Williams Integrity

MarComparativeketAnalysis

OWNER INFORMATION

Owner Name Gomez Celso Reyes

Owner Name 2 Medina Anita Bernal

Mailing Zip 80220

Mailing ZIP 4 2241

Mailing Carrier Route C064 Mailing City & State Denver, CO Owner Occupied Yes

Mailing Address 1785 Xenia St

LOCATION INFORMATION

Property Zip 80220

Topography Flat/Level

Property Zip4 2241 Neighborhood Code E Colfax (N) 0124

Property Carrier Route C064 Traffic Local School District Denver County 1 Township 03S Elementary School Ashley Range 67W

Middle School Hill Section 33 High School George Washington Quarter SE Subdivision Schermerhorn & Worrells Sub Block 11 Zoning E SU DX Lot 45 Census Tract 44 03

TAX

PIN 1334 12 010

% Improved 51% Number 0133412010000 Tax District DENV

ASSESSMENT

Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $140,500 $140,500 $140,600 $140,600

Market Value Improved $147,500 $147,500 $158,900 $149,800

Market Value Total $288,000 $288,000 $299,500 $290,400

Assessed Value Land $9,760 $10,050 $10,050 $10,050

Assessed Value Improved $10,250 $10,550 $10,710 $10,710

Assessed Value $20,010 $20,600 $20,760 $20,760

Tax

SELL SCORE

Rating Low Value As Of 2022 09 18 04:29:57

Sell Score 370

ESTIMATED VALUE

RealAVM™ $487,500

Confidence Score 90 RealAVM™ Range $426,500 $548,600

Forecast Standard Deviation 13 Value As Of 09/12/2022

LISTING INFORMATION

MLS Listing Id 7679903

MLS Current Price $474,900

MLS Days On Market 57 MLS Original List Price $550,000

MLS Source REcolorado

MLS Listing Contract Date 07/13/2022

MLS Status Expired MLS List Office Name KELLER WILLIAMS REALTY LLC

MLS Status Change Date 09/19/2022

MLS List Agent Full Name 047387 Michael Brena

MLS Listing # 7155315

MLS Source History REcolorado

MLS Status Expired

MLS Listing Price $219,000

MLS Orig Listing Price $245,000

MLS Listing Date 01/06/2016

MLS Listing Expiration Date 06/01/2016

LAST MARKET SALE & SALES HISTORY

Sale Date 04/28/1999

Sale Price $94,900

Deed Type Warranty Deed

Owner Name Gomez Celso Reyes

Owner Name 2 Medina Anita Bernal Document Number 83477 Seller Laboray Lewis P Jr & Jeanne M Sale Type Full

Price per SqFt Finished $78.56

Sale Date 04/28/1999 05/01/1989 05/03/1989

Sale Price $94,900 $34,015 $34,015 $54,950

Nominal Y

Buyer Gomez Celso R The Sec Of Veterans Af fairs Weyerhaeuser Mtg Co Pasveer Oebel Holsinger Judith M

Buyer

Seller Laboray Lewis P Jr & J eanne M Weyerhaeuser Mtg Co Muftic Felicia Holsinger Judith M Holsinger Randy E

Document Number 83477 40472 40343 70058 6287

Document Type Warranty Deed Warranty Deed Public Trustees Deed Warranty Deed Quit Claim Deed

Sale Date 01/01/1978 Sale Price $32,500

Nominal

Buyer Holsinger Randy E & Judith M

Buyer Holsinger Judith M Seller Document Number 1594 421 Document Type Deed (Reg)

MORTGAGE HISTORY

Mortgage Date 05/10/1999 06/05/1998 09/26/1985 Mortgage Amount $94,755 $43,000 $54,950

Mortgage Lender American United Mtg Leapfrog Fin'l

Borrower Gomez Celso R Laboray Lewis P Pasveer Oebel Borrower Laboray Jeanne M

Mortgage Type Fha Resale Refi

FORECLOSURE HISTORY

Document Type Release Of Lis Pendens/ Notice Notice Of Trustee's Sale Release Of Lis Pendens/ Notice Notice Of Trustee's Sale Release Of Lis Pendens/ Notice

Foreclosure Filing Date 10/13/2014 03/19/2014

Recording Date 02/10/2015 10/20/2014 05/29/2014 04/02/2014 05/30/2013

Document Number 15101 127286 61625 36176 77500

Final Judgment Amount $138,393 $138,393

Original Doc Date 10/20/2014 01/04/2005 04/02/2014 01/04/2005 01/27/2012

Original Document Num ber 127286 1094 36176 1094 10181

Document Type Notice Of Trustee's Sale

Foreclosure Filing Date 01/23/2012

Recording Date 01/27/2012

Document Number 10181

Final Judgment Amount $138,393

Original Doc Date 01/04/2005

Original Document Number 1094

PROPERTY MAP

Online Valuation Analysis 2.4% $12,800

Zestimates varied up to 2.4% or $12,800 compared to actual MLS prices.

ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE

1671 Yosemite Street 4/28/22 $550,000 $562,800 2 3%

1695 Xanthia Street 7/5/22 $540,000 $546,300 1.2%

1750 Xenia Street 5/27/22 $475,000 $483,700 1.8%

A ADDRESS PRICE ZESTIMATE DIFFERENCE

1600 Xanthia Street $460,000 $449,100 2.4%

Source: Zillow Active

Map of Comparable Listings 1.00 2 $540,000 $475,000 1.00

Features

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Association Yn: false

Building Area Source: Public Records

Carport Spaces: 1 Concessions: No Construction Materials: Brick

Cooling: Central Air

Direction Faces: East

Exterior Features: Fire Pit, Garden, Private Yard, Rain Gutters

Fencing: Full

Details

Prop Type: Single Family

Residence

County: Denver

Subdivision: East Colfax

Style: Traditional

Full baths: 1.0

Flooring: Tile, Wood

Heating: Forced Air, Natural Gas

Interior Features: Ceiling Fan(s), Eat-in Kitchen, No Stairs, Open Floorplan, Walk-In Closet(s)

Laundry Features: In Unit

Levels: One

Listing Terms: Cash, Conventional, FHA, Other, VA Loan

Living Area Total: 832

Lot Features: Level Main Level Bathrooms: 1

Main Level Bedrooms: 2

Parking Total: 3 Patio And Porch: Covered, Front Porch, Patio

Property Condition: Updated/Remodeled

Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: BELLAIRE 01334 B1 L42 & 43

Tax Year: 2020

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

Water Source: Public Window Features: Double Pane Windows, Window Coverings

Zoning: E-SU-DX

Lot Size (sqft): 6,250

Garages: 2

List date: 3/23/22

Updated: Apr 28, 2022 7:55 AM

List Price: $450,000

High: George Washington

Middle: Hill

Sold date: 4/28/22

Off-market date: 3/27/22

Orig list price: $450,000 Taxes: $1,524

School District: Denver 1

Elementary: Ashley Cell: 7209379710

Remarks

A cozy haven awaits in this charming 1950s brick ranch residence. Welcoming exteriors invite entry into an open layout easily flowing w/ gorgeous hardwood flooring. Brilliant natural light from large windows illuminates a spacious living room ideal for both relaxing and entertaining. Peer over a peninsula w/ seating into a classic kitchen w/ all-white cabinetry and expansive countertops. Adjacent to the kitchen, a convenient laundry room features a washer + dryer set. A bright primary bedroom features a large walk-in closet w/ built-in shelving while a secondary bedroom offers potential for a private home office. A shared full bath is adorned w/ white tiles. Outside, a large backyard unfurls w/ neat landscaping, a patio space and a firepit. An oversized two-car garage, red barn and a chicken coop offer plenty of space for the backyard homesteader. Enjoy an ideal location just blocks from Central Park and close to the Light Rail station, Stanley Marketplace, downtown Denver and more.

Features

Appliances: Cooktop, Dishwasher

Association Yn: false Basement: Finished

Below Grade Unfinished Area: 56 0

Building Area Source: Appraiser

Carport Spaces: 2

Details

Prop Type: Single Family

Residence

County: Denver

Subdivision: East Colfax

Full baths: 1.0

Half baths: 1.0

Concessions: Buyer Costs/Seller Paid

Concessions Amount: 1000

Construction Materials: Brick

Cooling: Air Conditioning-Room

Heating: Forced Air, Natural Gas

Levels: One

Listing Terms: Cash, Conventional

Living Area Total: 1752

Lot Features: Level

Main Level Bathrooms: 1

Main Level Bedrooms: 2 Parking Total: 2 Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: WILKIES ADD 01334 B1 L45 TO 48 INC

Tax Year: 2021

Virtual Tour: View Zoning: E-SU-DX

Lot Size (sqft): 12,500

List date: 6/2/22

Sold date: 7/5/22

Off-market date: 6/7/22

Updated: Jul 6, 2022 4:34 AM

List Price: $515,000

Orig list price: $515,000 Taxes: $2,194

School District: Denver 1 High: George Washington

Middle: Hill Elementary: Ashley

This charming home features distinctive built-ins and original woodwork from an era known for superb craftsmanship. Situated on a huge park-like 12,500-square-foot lot, perfect for a workshop/studio, horseshoe pit, cornhole tournament, bike storage or so much more! Host a fun movie night in the large basement rec 7209379710

room. Additional notable features include a walk-in cedar closet, a four-season patio deck with removable windows, and low-maintenance xeriscaping in front and back. Cute, well priced, and in a great location! Open Houses all weekend.

1785 Lopez-Portillo

Features

Association Yn: false

Basement: Partial Below Grade Unfinished Area: 2570

Building Area Source: Listor Measured

Concessions: No Construction Materials: Frame Cooling: None

Direction Faces: West

Electric: 110V, 220 Volts

Exterior Features: Private Yard

Foundation Details: Block

Heating: Forced Air, Natural Gas

Levels: One

Listing Terms: Cash, Conventional, Other, Owner Will Carry, Private Financing Available

Living Area Total: 1053

Lot Features: Level, Near Public SubdividableTransit,

Main Level Bathrooms: 1 Main Level Bedrooms: 3

Parking Features: Driveway-Gravel

Parking Total: 4 Patio And Porch: Front Porch

Property Condition: Fixer Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: SCHERMERHORN & WORRELLS SUB OF MONTCLAIR 01334 B12 L10 TO 13 INC

Tax Year: 2021

Utilities: Electricity Connected, Natural Gas Connected

Water Source: Public Zoning: E-SU-D1X

Details

Prop Type: Single Family Residence

County: Denver Subdivision: Schermerhorn and Worrell`s of Montclai

Style: Traditional

Full baths: 1.0

Lot Size (sqft): 12,500

Updated: May 28, 2022 1:43 AM

High: George Washington

Garages: 2

List date: 3/31/22

Sold date: 5/27/22

Off-market date: 5/6/22

List Price: $469,900

Orig list price: $469,900

Taxes: $1,961

School District: Denver 1

Middle: Hill Elementary: Ashley Cell: 7209379710

Remarks

Ranch home on 4 lots! Home has 3 bedrooms, living room , dining room, kitchen with eat-in bonus room. Large sunroom with French doors off the dining room. Inviting covered front porch. Updated furnace and water heater. Roof is newer with no hail damage. Home needs updating. The price reflects the land value. Land is 100 feet wide by 125 feet in depth, thus 4 city lots. 2 homes could be built plus new zoning allowance for a ADU, see Denver zoning for E-SU-D1X. Home is vacant and easy to show.

Features

Association Yn: false

Building Area Source: Public Records

Construction Materials: Brick

Cooling: Central Air

Flooring: Vinyl, Wood Heating: Forced Air

Details

Prop Type: Single Family Residence

County: Denver

Subdivision: Bellaire

Full baths: 1.0

Remarks

Levels: One

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

Living Area Total: 1115

Lot Features: Level

Main Level Bathrooms: 1

Main Level Bedrooms: 2

Parking Features: Concrete, Oversized

Parking Total: 2 Patio And Porch: Front Porch

Roof: Composition

Senior Community Yn: false Sewer: Public Sewer

Structure Type: House

Tax Legal Description: BELLAIRE B2 L23 & 24

Tax Year: 2021 Water Source: Public Zoning: E-SU-DX

Lot Size (sqft): 6,229

Garages: 2

List date: 7/29/22

Updated: Sep 9, 2022 12:04 PM

List Price: $460,000

Orig list price: $500,000

Taxes: $1,851

School District: Denver 1

High: George Washington

Middle: Hill Elementary: Ashley

This home qualifies for 100% financing. No Money Down, No PMI. This brick home has great bones and is move-in ready. Home features solid hardwood floors throughout and also features a separate family room that you don't find in homes this size. Kitchen has plenty of vintage cabinetry for all your storage needs, also a pantry/shelving for all your dry goods. Separate dining included and open to living room. Vinyl windows installed and storm doors for both front and side entry. Great curb appeal and, backyard just had a $9000 landscape job completed on 8/23. Paved Patio great for barbecue with fire pit extension and paved walkway Cell: 7209379710

to garage. Detached double car garage is 624 sqft and should house your toys and autos with ease. There is an alley access next to garage. Home is located a block from the East Colfax Business corridor and a short drive to Coors Field for Rockies baseball. Come see it today

Comparable Property Statistics

S 3 Sold Listings

LOWEST

LOWEST

Sold Property Analysis

Averages

109.1%

Homes sold for an average of 109 1% of their list price.

Analysis

ADDRESS

9Days on market

It took an average of 9 days for a home to sell.

ORIG PRICE OF LIST $ PER SQFT

1671 Yosemite Street $450,000 $550,000 122 22% 4 $661

1695 Xanthia Street $515,000 $540,000 104 85% 5 $308

1750 Xenia Street $469,900 $475,000 101.09% 18 $451

Averages $478,300 $521,666 109 07% 9 $473

1785

Summary of Comparable Properties

S SOLD LISTINGS

ADDRESS

SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

1671 Yosemite Street 4/28/22 2 1.00 832 $550,000 $661

1695 Xanthia Street 7/5/22 3 2 00 1,752 $540,000 $308

1750 Xenia Street 5/27/22 3 1.00 1,053 $475,000 $451

Averages 1,212 $521,666 $473

A ACTIVE LISTINGS

ADDRESS

SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

1600 Xanthia Street 2 1.00 1,115 $460,000 $413

Averages 1,115 $460,000 $413

PRICINGINTELLIGENT&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

Market Value

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.

TIME ON MARKET (IN WEEKS) 1 2 3 4 5 6

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.

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