Cloud CMA - 75 Oleary Lane - Lebrovic

Page 1

Comparative Market Analysis 75 Oleary Ln Howard, CO 81233 David Lebovic OCTOBER 2, 2023 Kathryn Bartic | kathryn@elitehomepartnersco.com

75 Oleary Ln, Howard, CO 81233, Fremont County

APN: 000078018525 CLIP: 2272676720

Beds N/A Full Baths N/A Half Baths N/A Sale Price $34,750 Sale Date N/A Bldg Sq Ft N/A Lot Sq Ft 201,247 Yr Built N/A Type RES ACG OWNER INFORMATION Owner Name Lebovic David M Mailing ZIP 4 7921 Owner Name 2 Lebovic Rochelle Mailing Carrier Route R092 Mailing Address 11836 Mount Wilson Ct Owner Occupied No Mailing City & State Alta Loma, CA DMA No Mail Flag Mailing Zip 91737 COMMUNITY INSIGHTS Median Home Value $425,536 School District FREMONT RE-3 Median Home Value Rating 7 / 10 Family Friendly Score 78 / 100 Total Crime Risk Score (for the neig hborhood, relative to the nation) 97 / 100 Walkable Score 7 / 100 Total Incidents (1 yr) 6 Q1 Home Price Forecast $422,571 Standardized Test Rank 36 / 100 Last 2 Yr Home Appreciation 31% LOCATION INFORMATION Property Zip 81233 Topography Property Zip4 Neighborhood Code We Sw Hwy-Be4 Property Carrier Route H073 Neighborhood Name (OnBoard) School District Cotopaxi Re-3 Traffic Elementary School Cotopaxi Township Middle School Cotopaxi Range High School Cotopaxi Section Subdivision Acres Of Ireland F2 Quarter Zoning Block 1250 Census Tract 9790 01 Lot 70 Condo Floor Within 250 Feet of Multiple Flood Z one No Location Influence TAX INFORMATION PIN 000078018525 Tax District 39C Alternate PIN 3953111003009 Tax Appraisal Area 39C Schedule Number 000078018525 Homestead Percent % Improved Legal Description SUBD: ACRES OF IRELAND F2 LO T 70 ACRES OF IRELAND FIL #2 ASSESSMENT & TAX Assessment Year 2022 2021 2020 Market Value - Land Market Value - Improved Market Value - Total $144,375 $144,375 $103,950 Assessed Value - Land Assessed Value - Improved Assessed Value - Total $41,869 $41,869 $30,146 YOY Assessed Change (%) 0% 38.89% YOY Assessed Change ($) $0 $11,723 Tax Year Total Tax Change ($) Change (%) 2020 $1,413 2021 $1,986 $573 40 54% 2022 $2,008 $22 1 13% CHARACTERISTICS Lot Frontage Baths - Full Lot Depth Baths - Half Property Details Courtesy of Kathryn Joyce Bartic, REcolorado Generated on: 10/02/23 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 /4
Lot Acres 4.62 Other Rooms Lot Sq Ft 201,247 Stories Lot Shape Fireplace Land Use - County Vacant Residntl Lots Fireplaces Land Use - CoreLogic Residential Acreage Cooling Type Building Type Heat Fuel Type Style Heat Type Year Built Patio Type Bldg Sq Ft - Above Ground Garage Type Bldg Sq Ft - Basement Garage Capacity Bldg Sq Ft - Finished Basement Garage Sq Ft Bldg Sq Ft - Unfinished Basement Roof Material Bldg Sq Ft - Total Construction Bldg Sq Ft - Finished Exterior Bldg Sq Ft - 1st Floor Floor Cover Bldg Sq Ft - 2nd Floor Foundation Basement Type Pool # Units Pool Size # Buildings Water Total Rooms Sewer Bedrooms Quality Baths - Total Other Impvs MLS Total Baths Equipment FEATURES Feature Type Size/Qty Building Description Building Size SELL SCORE Rating Value As Of 2023-10-01 04:32:57 Sell Score ESTIMATED VALUE RealAVM™ Confidence Score RealAVM™ Range Forecast Standard Deviation Value As Of (1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process The confidence score range is 50 - 100 Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation The FSD can be used to create confidence that the true value has a statistical degree of certainty LISTING INFORMATION MLS Listing Id MLS Listing Contract Date MLS Days On Market MLS Pending Date MLS Source MLS Close Date MLS Status MLS List Office Name MLS Status Change Date MLS List Agent Full Name MLS Current Price MLS Buyer Agent Full Name MLS Original List Price MLS Buyer Office Name MLS Close Price MLS Listing # MLS Source History MLS Status MLS Listing Cancellation Date MLS Listing Price MLS Orig Listing Price MLS Listing Close Price MLS Listing Date MLS Close Date MLS Listing Expiration Date LAST MARKET SALE & SALES HISTORY Sale Date Deed Type Deed (Reg) Property Details Courtesy of Kathryn Joyce Bartic, REcolorado Generated on: 10/02/23 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 /4
Sale Price $34,750 Owner Name Lebovic David M Price per SqFt - Finished Owner Name 2 Lebovic Rochelle Document Number 1354-184 Seller Owner Record Sale Type Sale Date Sale Price $34,750 $19,000 Nominal Buyer Lebovic David M & Rochelle Owner Record Goff Buyer Lebovic Rochelle Seller Owner Record Goff Goff Document Number 1354-184 1250-487 1237-9 Document Type Deed (Reg) Deed (Reg) Deed (Reg) Title Company Multi/Split Sale Type MORTGAGE HISTORY Mortgage Date Mortgage Amount Mortgage Lender Borrower Borrower Mortgage Type Mortgage Purpose Mortgage Int Rate Mortgage Int Rate Type Mortgage Term Mortgage Term Title Company FORECLOSURE HISTORY Document Type Default Date Foreclosure Filing Date Recording Date Document Number Book Number Page Number Default Amount Final Judgment Amount Original Doc Date Original Document Number Original Book Page Lien Type Property Details Courtesy of Kathryn Joyce Bartic, REcolorado Generated on: 10/02/23 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 3 /4
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Kathryn Joyce Bartic, REcolorado Generated on: 10/02/23 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 4 /4

Map of Comparable Listings

STATUS: A = ACTIVE S = CLOSED MLS # STATUS ADDRESS BEDS BATHS PRICE 1 Subject 75 Oleary Ln - -2 7467599 A Lot 46 Knotty Pine Road - 0/0 $140,000 3 2987287 A 000 County Road 45 - 0/0 $350,000 4 1700310 S 92 Forest Lane - 0/0 $66,000 5 7299718 S Holiday Hills Drive - 0/0 $177,000 6 3812071 S 5 County Road 5965 - 0/0 $289,000 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233 Kathryn Bartic 3038452362

Lot 46 Knotty Pine Road

$140,000

ACTIVE 7/18/23

Details

Prop Type: Improved Land

County: Fremont

Subdivision: Pine Ridge Ranch

Features

Association Fee Frequency: Annually

Association Fee Includes: Road Maintenance

Association Name: Pine Ridge Ranch Owner's Association

Association Phone: 303-817-4719

Association Yn: true

Fencing: None

Horse Yn: false

Remarks

Lot Size (sqft): 1,532,005

List date: 7/18/23

Updated: Sep 29, 2023 3:58 AM

List Price: $140,000

Orig list price: $150,000 Assoc Fee: $400

Taxes: $1,500

School District: Salida R-32

Listing Terms: Cash, Conventional

Lot Features: Many Trees, Secluded, Sloped

Parking Features: DrivewayDirt

Possible Use: Residential Road Frontage Type: Private Road

Road Responsibility: Private Maintained Road

Road Surface Type: Dirt

Sewer: Septic Tank

Tax Legal Description: SUBD: PINE RIDGE RANCH #3 LOT 46 PINE RIDGE RANCH FIL #3 REF FROM 988-04-257 EXC 1/2

LIMESTONE AND LIMEROCK RESERVED BY IDEAL BASIC B684-P628. REF TO 983-04-226

Tax Year: 2022

Utilities: Electricity Available

Vegetation: Oak, Pine, Wooded

View: Mountain(s), Valley

Water Source: Well

Zoning: Agricultural Forestry

Nice, well priced lot in Pine Ridge Ranch Subdivision about 30 minutes from Salida in Howard. BIG mountain and valley views. This

Howard, CO 81233
MLS #7467599
0/0 Baths Days on market: 73
Beds
Days on
market: 73
Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
Kathryn Bartic 3038452362

property is accessible by Knotty Pine Road and Bristlecone Pine Roads. Easy, year round access yet very private and secluded. Well treed with a wide diversity of plants and trees, National Forest and Rainbow Trail access and fishing on the Arkansas River all near by. Great lot for the rock hounds and aspiring geologists in the family. There is a Medevac landing site at the top of Knotty Pine for peace of mind in case of an emergency! Priced to sell! Well maintained road access all less than 30 miles from Salida

Courtesy of First Colorado Land Office, Inc. Information is deemed reliable but not guaranteed.

Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
Kathryn Bartic 3038452362
Lot 46 Knotty Pine Road Howard, CO 81233 MLS #7467599 $140,000 Beds 0/0 Baths Days on market: 73 ACTIVE 7/18/23 Days on market: 73 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233 Kathryn
3038452362
Bartic

Details

Prop Type: Improved Land

County: Fremont

Subdivision: HOWARD

Features

Association Yn: false

Fencing: Partial

Listing Terms: 1031

Exchange, Cash, Conventional, Other

Remarks

Lot Size (sqft): 607,226

List date: 6/23/23

Updated: Jun 23, 2023 8:07 AM

List Price: $350,000

Orig list price: $350,000

Taxes: $1,047

School District: Salida R-32

Lot Features: Borders Public Land, Many Trees, Meadow, Rock Outcropping, Secluded Road Frontage Type: Public Road, Year Round

Road Surface Type: Dirt, Gravel

Sewer: Septic Tank

Tax Legal Description: ALL THAT PART SW4NW4 & NW4SW4 SEC 35-49-10 LYING E OF D&RGW RR REF FROM 810-00-720

Tax Year: 2022

Vegetation: Grassed, Natural State, Partially Wooded

View: Meadow, Mountain(s), Water

Water Source: Well

Zoning: RESIDENTIAL/AG

The great wall of Howard. This property is incredible. It is literally tucked down at the end of the County Road 45 with a wall of rock outcroppings creating a backdrop for nearly the entire length of the lot. There are several level areas scattered amongst the front of the parcel that could be used as building spots, but one near the south side has been somewhat designated as the main pad. Power is nearby and the sellers are offering a concession at closing towards pulling the power over to the south building area. This could be the place to build a dream home with a panoramic view of the towering peaks and the Arkansas River is in site at certain points as well.

000 County Road 45 Howard, CO 81233 MLS #2987287
Beds 0/0 Baths Days on market: 101
6/23/23 Days on market: 101
$350,000
ACTIVE
Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233

There are two sides of this parcel that back up to Public Lands giving you access to the famous mountain recreation that Fremont County has to offer. This is an easy site to get to and check out all of the possibilities of what you could create on this slice of Colorado!

Courtesy of First Colorado Land Office, Inc. Information is deemed reliable but not guaranteed.

Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
000 County Road 45 Howard, CO 81233 MLS #2987287 $350,000 Beds 0/0 Baths Days on market: 101 ACTIVE 6/23/23 Days on market: 101 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233 Kathryn
Bartic 3038452362

$66,000 Beds 0/0 Baths Days on market: 46

CLOSED 7/31/23 Days on market: 46

Details

Prop Type: Improved Land

County: Fremont

Subdivision: none

Lot Size (sqft): 37,897

Features

Association Yn: false

Concessions: No

Fencing: None

Horse Yn: false

Listing Terms: 1031

Exchange, Cash, Conventional

Lot Features: Many Trees

Road Frontage Type: Public Road

Remarks

List date: 5/21/23

Sold date: 7/31/23

Off-market date: 7/6/23

Updated: Aug 1, 2023 5:58 AM

List Price: $69,900

Orig list price: $79,900

Taxes: $546

School District: Cotopaxi RE-3

Road Surface Type: Dirt

Sewer: Septic Tank

Tax Legal Description: SUBD: M & B OR UNKNOWN BEG AT A PT 1100.00 FT S OF THE CTR 1/4 COR OF SECT 22-48-10; TH W 225 FT; TH S 150 FT; TH E 225 FT; TH N 150 FT TO THE POB EXC THE WLY 12 FT OF SD LAND THAT IS RES FOR A ROAD (B-537 P-290) (T-328C2) .86 A M/L 22-48-10

Tax Year: 2022

Utilities: Electricity Available

View: Mountain(s)

Water Source: Well

Zoning: Residential

Sweet lot with mountain views just minutes to downtown Howard and less than 30 minutes to Salida. This property is quiet, has year round accessibility, and beautifully treed. WELL HAS BEEN DRILLED! Seller has had a recent soil test done, engineered septic

92
Forest Lane Howard, CO 81233 MLS #1700310
Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
Kathryn Bartic 3038452362

plans, septic permit, electric site plan and survey to share. Some trees have been cleared at building site and seller's willing to leave the firewood they have stacked on the property or remove. Don't miss this opportunity. Perfect spot for your Colorado mountain home.

Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
Courtesy of Colorado Mountain Realty Information is deemed reliable but not guaranteed.
92 Forest Lane Howard, CO 81233 MLS #1700310 $66,000 Beds 0/0 Baths Days on market: 46 CLOSED 7/31/23 Days on market: 46 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233 Kathryn
3038452362
Bartic

Holiday Hills Drive

$177,000 Beds 0/0 Baths Days on market: 70 CLOSED 8/31/23 Days on market: 70

Details

Prop Type: Improved Land

County: Fremont

Subdivision: Holiday Hills

Lot Size (sqft): 101,494

Features

Association Yn: false

Concessions: No

Current Use: Vacant

Electric: 220 Volts

Fencing: Partial

Horse Yn: false

Listing Terms: 1031

Exchange, Cash, Conventional, Other, Owner Will Carry, VA

Loan

Remarks

List date: 6/1/23

Sold date: 8/31/23

Off-market date: 8/10/23

Updated: Aug 31, 2023 10:08 AM

List Price: $177,000

Orig list price: $187,000

Taxes: $1,100

School District: Cotopaxi RE-3

Lot Features: Ditch, Foothills, Level, Sloped

Parking Features: 220 Volts

Parking Total: 1

Possible Use: Residential

Road Frontage Type: Private Road

Road Responsibility: Private Maintained Road

Road Surface Type: Dirt

Sewer: Septic Tank

Tax Legal Description: **Lengthy legal descriptionplease ask listing agent for details.

Tax Year: 2021

Utilities: Electricity Available, Electricity Connected

Vegetation: Brush, Cleared, Mixed, Partially Wooded, Pinon Pines, Sagebrush

View: Mountain(s), Valley

Water Source: Private

Zoning: Agricultural-Suburban

With a well, septic, level building site, RV pad, new electrical hookup, AND owner financing available - this parcel has everything

Howard, CO 81233
MLS #7299718
Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233

you need to start building! Discover this rare gem in Howard, CO, just 10 miles east of Salida. Extremely easy to access, it is just off Highway 50 in Holiday Hills but set back far enough to be private and quiet. There are no covenants, HOA, or fees to worry about here. The Sellers have made many improvements to the site - this property is ready for your dream project or home! A brand new buck and rail fence along the private road delineates the property and lends wonderful curb appeal. The Sellers have installed upgraded 200 amp electrical service with a new box and meter on the property. In addition to the spacious, level building site there is a graded RV pad with its own 30 amp electrical hookup; the north side of the RV pad has been prepped for a privacy fence (stones removed by an excavator to facilitate future digging). A septic system is in place that used to service a manufactured home that has since been removed from the property. The seasonal irrigation ditch brings the property to life in summer with green grasses and wildflowers, and an Augmentation certificate has been purchased for this lot allowing you to water up to 1400 square feet of lawn and garden. There is an excellent well, together with a new well house that contains the pump, pressure tank and additional underground storage. A small concrete foundation sits just behind the RV pad, perfect for a small storage shed. Howard students can elect to go to either Salida or Cotopaxi schools; the Salida school bus stops just down the road. Stunning views of the Sangre de Cristo Mountains and the Arkansas Hills surround you here and the Arkansas River is just across the highway. You need to see this parcel to fully appreciate all that it has to offer! OWNER FINANCING AVAILABLE with motivated sellers - CALL FOR DETAILS!

Courtesy of Pinon Real Estate Group LLC

Information is deemed reliable but not guaranteed.

Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
Holiday Hills Drive Howard, CO 81233 MLS #7299718 $177,000 Beds 0/0 Baths Days on market: 70 CLOSED 8/31/23 Days on market: 70 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233 Kathryn
3038452362
Bartic

$289,000

Beds 0/0 Baths Days on market: 4

CLOSED 8/14/23 Days on market: 4

Details

Prop Type: Improved Land

County: Fremont

Subdivision: none

Lot Size (sqft): 1,742,400

Features

Association Yn: false

Concessions: No

Fencing: Partial

Horse Yn: true

Listing Terms: Cash, Conventional

Remarks

List date: 7/14/23

Sold date: 8/14/23

Off-market date: 7/18/23

Updated: Aug 17, 2023 4:57 AM

List Price: $289,000

Orig list price: $289,000

Taxes: $393

School District: Fremont RE-2

Lot Features: Borders National Forest

Road Responsibility: Private Maintained Road

Road Surface Type: Dirt Sewer: Septic Tank

Tax Legal Description: SUBD: M & B OR UNKNOWN SE4SW4 SEC 12-49-10 REF FROM 770-03-520 CONTIG TO 999-26-039 SUBJ TO EASEMENT REC# 952143

Tax Year: 2022

Utilities: Off Grid

View: Mountain(s), Water

Virtual Tour: View

Water Source: Well

Waterfront Features: Stream

Zoning: AF

This private 40-acre parcel of land is tranquil and picturesque. An oasis surrounded by public land and natural forest with Little Badger Creek running right through the property. There is even a waterfall for picnicing. All this secluded space cound be yours! The property is off-grid, yet accessible. Bordered by BLM land, the property is a gateway to recreation in every direction. Only 17 miles from Salida where you can stock up, play and enjoy everything Chaffee and Fremont Counties have to offer. If you are a stargazer,

81233
5 County Road 5965 Howard, CO
MLS #3812071
Market Analysis 75
CO 81233
Comparative
Oleary Ln, Howard,

you can enjoy the dark sky in your own backyard and forget you are not in a planetarium. Vegetation ranges from grasses to pinon pines and cottonwoods along the creek. Dotted with rock outcroppings and amazing views, the property is quiet and serene. A domestic well is already in place, with several building sites available to create your own slice of paradise. Build a small cabin to get away to, a home you can unwind in and enjoy every day, or your own improved campsite that only you can call home. Your nearest neighbor is only as close as you want them to be.

Courtesy of Fireside Realty Group Information is deemed reliable but not guaranteed.

Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
5 County Road 5965 Howard, CO 81233 MLS #3812071 $289,000 Beds 0/0 Baths Days on market: 4 CLOSED 8/14/23 Days on market: 4 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233 Kathryn
3038452362
Bartic
Property Type is 'Land' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 10/02/2023 to 04/05/2023 Mls Status is 'Withdrawn' Status Contractual Search Date is 10/02/2023 to 04/05/2023 Mls Status is 'Expired' Status Contractual Search Date is 10/02/2023 to 04/05/2023 City is 'Howard' Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Listings as of 10/2/2023 at 2:47 pm, Page 1 of 3
| Land County List Price Orig Price DIM PSF Lot P PA List Lot SqFt Acres Subtype City Address Listing ID CP/OLP Close Price Listings: Active Lot 46 Knotty Pine RD 140,000 07/18/23 Howard 35.170 Fremont $3,981 150,000 $0.09 1,532,005 Improved Land 7467599 76 000 COUNT Y ROAD 45 350,000 06/23/23 Howard 13.940 Fremont $25,108 350,000 $0.58 607,226 Improved Land 2987287 101 24.555 $245,000 $14,544 $250,000 1,069,616 $0.34 89 Med Avg Max Min 607,226 1,532,005 1,069,616 $3,981 $25,108 $14,544 $0.09 $0.58 $0.34 76 101 89 $150,000 $350,000 $140,000 $350,000 $245,000 24.555 35.170 13.940 $250,000 Active Total : 2 Listings: Closed 92 Forest LN 69,900 07/31/23 Howard 0.870 Fremont $75,862 83% $ 66,000 79,900 $1.74 37,897 Improved Land 1700310 46 Holiday Hills Drive 177,000 08/31/23 Howard 2.330 Fremont $75,966 95% $ 177,000 187,000 $1.74 101,495 Improved Land 7299718 70 5 County Road 5965 289,000 08/14/23 Howard 40.000 Fremont $7,225 100% $ 289,000 289,000 $0.17 1,742,400 Improved Land 3812071 4 92% 14.400 $178,633 $53,018 $185,300 627,264 $1.22 40 Med Avg Max Min 37,897 1,742,400 101,495 $7,225 $75,966 $75,862 $0.17 $1.74 $1.74 4 70 46 $79,900 $289,000 $69,900 $289,000 $177,000 95% 100% 83% 2.330 40.000 0.870 $187,000 66,000 289,000 $177,333 177,000 Closed Total : 3 Median for all: Average for all : Total Listings 5 $205,180 $2 11,180 804,205 $0.86 59 607,226 $0.58 70 $187,000 $177,000 13.940 18.462 $53,018 $75,862 $177,000 $177,333 Presented By: Kathryn Joyce Bartic All data deemed reliable but not guaranteed Copyright REcolorado © 2023. All rights reserved. REcolorado.com
Market Analysis Summary
Med Avg Max Min Sale Price List Price Quick Statistics Sale / List $205,180 $177,000 $69,900 $350,000 83% 100% 95% 92% $66,000 $289,000 $177,333 $177,000 Presented By: Kathryn Joyce Bartic All data deemed reliable but not guaranteed Copyright REcolorado © 2023. All rights reserved. REcolorado.com

Comparable Property Statistics

2 Active Listings S 3 Sold Listings LOWEST $140,000 AVERAGE $245,000 HIGH $350,000 AVG PRICE / SQFT AVG DOM 87 LOWEST $66,000 AVERAGE $177,333 HIGH $289,000 AVG PRICE / SQFT AVG DOM 40 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233
A

Sold Property Analysis

Averages

92.42%

Homes sold for an average of 92.42% of their list price.

Analysis

40 Days on market

It took an average of 40 days for a home to sell.

ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM 92 Forest Lane $79,900 $66,000 82.60% 46 Holiday Hills Drive $187,000 $177,000 94.65% 70 5 County Road 5965 $289,000 $289,000 100.00% 4 Averages $185,300 $177,333 92.42% 40 Comparative
Analysis 75 Oleary Ln, Howard, CO 81233
Market

Online Valuation Analysis

How accurate are Zestimates?

109.4%

Zestimates varied up to 109.4% or $193,700 compared to actual MLS prices.

2 Active 3 Sold

$193,700
A ADDRESS PRICE ZESTIMATE DIFFERENCE Lot 46 Knotty Pine Road $140,000 -000 County Road 45 $350,000 -S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 92 Forest Lane 7/31/23 $66,000 -Holiday Hills Drive 8/31/23 $177,000 $370,700 109.4% 5 County Road 5965 8/14/23 $289,000 - -
Source: Zillow
Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233

Summary of Comparable Properties

A ACTIVE LISTINGS

S SOLD LISTINGS

ADDRESS SOLD DATE BEDS BATHS PRICE Lot 46 Knotty Pine Road - - 0/0 $140,000 000 County Road 45 - - 0/0 $350,000 Averages $245,000
ADDRESS SOLD DATE BEDS BATHS PRICE 92 Forest Lane 7/31/23 - 0/0 $66,000 Holiday Hills Drive 8/31/23 - 0/0 $177,000 5 County Road 5965 8/14/23 - 0/0 $289,000 Averages $177,333 Comparative Market Analysis 75 Oleary Ln, Howard, CO 81233

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 frst two weeks of marketing are crucial.

☐ The market never lies, but it can change its mind.

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.

at Keller Williams Integrity
PERCENTAGE
+15% +10% Market Value -10% -15% 10% 30% 60% 75% 90%
ASKING PRICE
OF BUYERS

Your best chance of selling your home is in the frst 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 furry of attention and interest in the frst 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.

at Keller Williams Integrity
TIME ON MARKET (IN WEEKS) ACTIVITY 1 2 3 4 5 6

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