Comparative Market Analysis
Active Market Analysis
Christopher Wanless
Bartic
5211 Dillon Street, Denver, Colorado 80239
OCTOBER 21, 2022
The
Group
Contact Me Christopher Wanless The Bartic Group 50 S. Steele St. Denver CO 80209 christopher@thebarticgroup com 720 837 4299 720 208-7200 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 3
OWNER INFORMATION
Owner Name Ross Carl A
ZIP 4 4141 Mailing Address
Dillon St Mailing Carrier Route C035 Mailing City & State Denver,
Owner Occupied Yes Mailing Zip
LOCATION INFORMATION
Property Zip 80239 Census Tract 83 87 Property Zip4 4141 Topography Flat/Level
Property Carrier Route C035 Neighborhood Code Montbello 0001
School District Denver County 1 Traffic Local Elementary School Dcis Ford Township 03S
Middle School Noel Arts Range 66W High School Noel Community Arts Section 18 Subdivision Montbello 35 Block 13 Zoning S SU D Lot 27
TAX INFORMATION
PIN 186 13 027
Improved 80% Schedule Number 0018613027000 Tax District DENV Legal Description MONTBELLO NO 35 B13 L27
ASSESSMENT & TAX
Assessment Year 2022 Preliminary 2021 2020 2019
Market Value Land $69,000 $69,000 $69,000 $69,000 Market Value Improved $275,300 $275,300 $275,500 $238,700 Market Value Total $344,300 $344,300 $344,500 $307,700
Assessed Value Land $4,800 $4,930 $4,930 $4,930 Assessed Value Improved $19,130 $19,680 $17,070 $17,070 Assessed Value Total $23,930 $24,610 $22,000 $22,000
5211 Dillon St, Denver, CO 80239-4141, Denver County APN: 186-13-027 CLIP: 1494740661 MLS Beds 4 MLS Full Baths 1 Half Baths N/A MLS Sale Price $126,900 MLS Sale Date 09/30/2010 MLS Sq Ft 1,690 Lot Sq Ft 7,150 Yr Built 1983 Type SFR
Mailing
5211
CO
80239
%
YOY Assessed Change (%) -2 76% 11 86% 0% YOY Assessed Change ($) $680 $2,610 $0 Tax Year Total Tax Change ($) Change (%) 2019 $1,587 2020 $1,632 $46 2.88% 2021 $1,836 $204 12.5% CHARACTERISTICS Lot Acres 0 1641 # Buildings 1 Lot Sq Ft 7,150 Total Rooms 4 Land Use County Single Family Resident Bedrooms Tax: 2 MLS: 4 Land Use CoreLogic SFR Baths Total 2 Year Built 1983 MLS Total Baths 2 Bldg Sq Ft Above Ground 863 Baths Full Tax: 2 MLS: 1 Bldg Sq Ft Basement 845 Stories 1 Bldg Sq Ft Finished Basement 760 Heat Type Warm Air Bldg Sq Ft Unfinished Basement 85 Garage Type Attached Garage Bldg Sq Ft Total 1,708 Garage Sq Ft 478 Bldg Sq Ft Finished Tax: 1,623 MLS: 1,690 Exterior Frame Bldg Sq Ft 1st Floor 863 Quality Average Basement Type Full FEATURES Feature Type Size/Qty Property Details Courtesy of Christopher Wanless, REcolorado Generated on:10/22/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/3
SELL
Rating Low
Value As Of 2022 10 16 04:33:35 Sell Score 464
LISTING INFORMATION
MLS Listing Id 852439
MLS Close Price
$126,900
MLS Days On Market 156 MLS Listing Contract Date 02/17/2010 MLS Source REcolorado MLS Close Date 09/30/2010
MLS Status Closed MLS List Office Name JOINT VENTURE REAL ESTATE MLS Status Change Date 10/11/2010
MLS List Agent Full Name 999875 Darnell Sykes MLS Current Price $126,900 MLS Buyer Agent Full Name 035377-Frenchie Lacy MLS Original List Price $126,900 MLS Buyer Office Name RLO REALTY
LAST MARKET SALE & SALES HISTORY
Sale Date 09/30/2010
Deed Type Warranty Deed Sale Price $126,900 Owner Name Ross Carl A Price per SqFt Finished $78 19 Seller Diamond Fin LLC Document Number 113847
Sale Date 09/30/2010 09/22/2009 10/15/2001 05/04/2001 08/19/1997 Sale Price $126,900 $68,000 $140,000 $120,000
Nominal Y
Buyer Ross Carl A Diamond Finance LLC Dunson Mary White Essex & Carol Johnson Devale Buyer White Carol
Seller Diamond Fin LLC Dunson Mary White Essex & Carol Johnson Devale Johnson Anna M Document Number 113847 132663 177360 74418 21582
Document Type Warranty Deed Warranty Deed Warranty Deed Warranty Deed Quit Claim Deed Title Company Other Other Land Title Guarantee Land Title Corp
Sale Date 06/24/1987 04/02/1986 07/01/1983 Sale Price $66,000 $65,100
Nominal
Buyer Johnson Devale Devlin Henry Cross J Michael & Cindy L Buyer Cross Cindy L Seller Pierce Samuel R Jr Cross Cindy L Document Number 153603 51134 2885 1
Document Type Joint Tenancy Deed Warranty Deed Warranty Deed Joint Tenant Title Company
MORTGAGE HISTORY
Mortgage Date 12/02/2021 12/02/2021 01/08/2020 01/08/2020
Date
Amount
Att Garage Frm 478
SCORE
10/09/2017 Mortgage Amount $1 $615,000 $1 $480,000 $33,485 Mortgage Lender Hud-Housing/Urban De v Liberty Reverse Mtg Federal Hsng Commiss ioner American Advisors Grp Denver Urban Renewal Auth Borrower Ross Carl A Ross Carl A Ross Carl A Ross Carl A Ross Carl A Mortgage Type Fha Fha Fha Fha Conventional Mortgage Purpose Refi Refi Refi Refi Refi Mortgage Int Rate 2 59 3 8 3 8 Mortgage Int Rate Type Adjustable Int Rate Loa n Adjustable Int Rate Loa n Adjustable Int Rate Loa n Adjustable Int Rate Loa n Mortgage Term 77 77 78 78 Mortgage Term Years Years Years Years Title Company Capital Title Other Other Mortgage
10/05/2010 10/06/2009 07/10/2006 Mortgage
$129,628 $89,000 $144,000 Mortgage Lender Universal Lending Reserve Mtg Jp Morgan Chase Bk Borrower Ross Carl A Diamond Finance LLC Dunson Mary Mortgage Type Va Conventional Mortgage Purpose Resale Construction Refi Property Details Courtesy of Christopher Wanless, REcolorado Generated on:10/22/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/3
Company
FORECLOSURE HISTORY
Document Type Release Of Lis Pendens/ Notice Notice Of Sale
Co
Notice Of Trustee's Sale Release Of Lis Pendens/ Notice Notice Of Trustee's Sale
Foreclosure Filing Date 10/16/2019 11/20/2012
Recording Date 11/22/2019 10/18/2019 10/17/2019 03/11/2013 11/27/2012
Document Number 165326 144707 34837 163686
Final Judgment Amount $120,390 $125,492
Original Doc Date 10/17/2019 10/05/2010 11/27/2012 10/05/2010
Original Document Num ber 144707 113848 163686 113848
Mortgage Int Rate Mortgage Int Rate Type Mortgage Term 30 1 30 Mortgage Term Years Years Years Title
Chicago Title
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Christopher Wanless, REcolorado Generated on:10/22/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 3/3
Analysis
are Zestimates?
0.9% $4,148
Zestimates varied up to 0.9% or $4,148 compared to actual MLS prices.
A
ADDRESS
P
PRICE ZESTIMATE DIFFERENCE
Deephaven Court $430,000 $426,416 0 8%
Chandler Way $477,000 $472,852 0.9%
PRICE
DIFFERENCE
Court $474,900 $474,500 0
S
$385,600
$437,500 $440,600
Online Valuation
How accurate
5169
5151
ADDRESS
ZESTIMATE
5266 Durham
1%
ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 5315 Crystal Street 9/30/22 $385,000
0 2% 5371 Chandler Way 9/9/22
0 7% Source: Zillow 2 Active 1 Pending 2 Sold Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 5
Map
Comparable Listings
of
STATUS: A = ACTIVE P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 5211 Dillon St 2 2.00 863 2 2917665 A 5169 Deephaven Court 4 3.00 1,901 $430,000 3 IR970112 A 5151 Chandler Way 4 2 00 1,707 $477,000 4 6025783 P 5266 Durham Court 3 3.00 1,387 $474,900 5 9817011 S 5315 Crystal Street 4 2 00 1,044 $385,000 6 8693537 S 5371 Chandler Way 3 2.00 1,060 $437,500 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 6
5211 Dillon Street, Denver, Colorado
Summary of Comparable Properties
A ACTIVE LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
5169 Deephaven Court 4 3.00 1,901 $430,000 $226 5151 Chandler Way 4 2 00 1,707 $477,000 $279
Averages 1,804 $453,500 $253
P PENDING LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
5266 Durham Court 3 3.00 1,387 $474,900 $342
Averages 1,387 $474,900 $342
S SOLD LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT
5315 Crystal Street 9/30/22 4 2.00 1,044 $385,000 $369 5371 Chandler Way 9/9/22 3 2 00 1,060 $437,500 $413
Averages 1,052 $411,250 $391
Comparative Market Analysis
80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 7
Listings
Christopher Wanless
The Bartic Group
$1,899
District:
Middle: Noel Community Arts School
5169 Deephaven Court Denver, CO 80239 MLS #2917665 County: Denver Subdivision: Montbello Style: Contemporary List date: 6/18/22 Updated: Sep 25, 2022 3:26 AM Taxes:
School
Denver 1
Elementary: Greenwood Features Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher, Disposal, Oven, Range Association Yn: false Building Area Source: Public Records Construction Materials: Frame Cooling: Air Conditioning-Room Electric: 110V, 220 Volts Exterior Features: Private Yard Fencing: Partial Flooring: Carpet, Tile Heating: Forced Air Interior Features: Granite Counters Levels: Tri-Level Listing Terms: Cash, Conventional, FHA Living Area Total: 1901 Lot Features: Level Main Level Bathrooms: 2 Main Level Bedrooms: 1 Parking Features: Concrete Parking Total: 3 Patio And Porch: Covered, Deck, Patio Property Condition: Fixer Roof: Fiberglass Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: MONTBELLO NO 35 B3 L17 Tax Year: 2021 Utilities: Electricity Available Water Source: Public Zoning: S-SU-D Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 9
Remarks
The kitchen has some updates, nice granite countertops, cabinets, and tile flooring. The rest of the house is very dated. This house has tremendous POTENTIAL you just have to look beyond the clutter. House sold AS IS....
Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 10
5169 Deephaven Court Denver, CO 80239 MLS #2917665 $430,000 4 Beds 3.00 Baths ACTIVE 6/18/22 Year Built 1981 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 11
Details
Size (sqft):
Updated: Sep 16, 2022 6:31 AM
List Price: $477,000
list price: $499,000
$1,794
School District: Denver
High: Montbello
Middle: Other Elementary: Maxwell
5151 Chandler Way Denver, CO 80239 MLS #IR970112 $477,000 4 Beds 2.00 Baths 1,707 Sq. Ft. ($279 / sqft) ACTIVE 7/1/22 Year Built 1979 Days on market: 68
Prop Type: Single Family Residence County: Denver Subdivision: 12/14 Full baths: 1.0 3/4 Baths: 1.0 Lot
9,050 Garages: 2 List date: 7/1/22
Orig
Taxes:
1
Features Appliances: Dishwasher, Disposal, Oven, Refrigerator Association Yn: false Basement: Partial Below Grade Unfinished Area: 888 0 Building Area Source: Assessor Construction Materials: Wood Frame Fireplace Features: Living Room Heating: Forced Air Interior Features: Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s) Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1779 Lot Features: Level Main Level Bathrooms: 2 Main Level Bedrooms: 3 Parking Total: 2 Patio And Porch: Patio Possible Use: Residential Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Sewer: Public Sewer Structure Type: House Tax Legal Description: Montbello NO 35 Montbello FLG NO 35 B8 L27 Tax Year: 2021 Utilities: Electricity Available, Natural Gas Available Water Source: Public Zoning: S-SU-D Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 12
Remarks
This property qualifies up to $15K in lender credit. Welcome to this Ranch-style home in Montbello! This Home features open concept,a warm inviting feeling.Featuring 4 Bed,2 baths spacious master,master walk in closet.Basement features large 4th bedroom,3rd bathroom rough in.Granite kitchen countertops,new cabinets,adorable bay window.Laminate flooring and carpet throughout.Enjoy living room w/ wood burning fireplace.Backyard features concrete patio and huge fenced in yard and shed.NO HOA,Ample parking and storage room for all your toys. RVs, boats, trailers will fit behind the privacy fence.
Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 13
5151 Chandler Way Denver, CO 80239 MLS #IR970112 $477,000 4 Beds 2.00 Baths 1,707 Sq. Ft. ($279 / sqft) ACTIVE 7/1/22 Year Built 1979 Days on market: 68 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 14
Details
Updated: Sep
Price:
list price:
District:
High: Noel Community Arts School
Middle:
5266 Durham Court Denver, CO 80239 MLS #6025783 $474,900 3 Beds 3.00 Baths 1,387 Sq. Ft. ($342 / sqft) PENDING 9/25/22 Year Built 1998 Days on market: 19
Prop Type: Single Family Residence County: Denver Subdivision: Montbello Full baths: 2 0 Half baths: 1.0 Lot Size (sqft): 7,030 Garages: 2 List date: 8/22/22 Pending date: 9/25/22 Off-market date: 9/25/22
26, 2022 3:13 AM List
$474,900 Orig
$474,900 Taxes: $1,878 School
Denver 1
McGlone Elementary: Greenwood Features Appliances: Dishwasher, Range, Range Hood, Refrigerator Association Yn: false Basement: Partial Below Grade Unfinished Area: 135.0 Construction Materials: Brick, Vinyl Siding Cooling: Central Air Fencing: Full Flooring: Carpet, Vinyl Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Entrance Foyer, Granite Counters, Walk-In Closet(s) Levels: Multi/Split Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1634 Lot Features: Level Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Front Porch, Patio Roof: Composition Security Features: Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: MONTBELLO NO 38 B8 L9 Tax Year: 2021 Water Source: Public Zoning: S-SU-D Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 15
Remarks
This home is a must see! Brand new carpet and luxury vinyl plank flooring has just been installed, and the entire interior was just repainted! Brand new stainless steel appliances, cabinets, and granite countertops. This spacious home features 3 bedrooms upstairs and 2.5 baths. New HVAC system! A large backyard with great storage shed. 2 car garage. Great location close to I-70, the Light Rail, and DIA.
Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 16
5266 Durham Court Denver, CO 80239 MLS #6025783 $474,900 3 Beds 3.00 Baths 1,387 Sq. Ft. ($342 / sqft) PENDING 9/25/22 Year Built 1998 Days on market: 19 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 17
Details
Type:
Lot Size (sqft):
List date: 8/4/22
date: 9/30/22
date: 8/24/22
Oct 3, 2022
List Price: $385,000
Orig list price: $385,000
Taxes: $1,798
School District: Denver 1 High: KIPP Denver Collegiate High School
Middle: Noel Community Arts School
Elementary: DCIS at Fairmont
AM
Conventional, FHA,
Area
Level
Level
Total:
Road Frontage Type: Public Road
Responsibility: Public Maintained Road
Surface Type: Paved
Architectural Shingles
Security Features: Carbon Monoxide Detector(s), Video Doorbell
5315 Crystal Street Denver, CO 80239 MLS #9817011 $385,000 4 Beds 2.00 Baths 1,044 Sq. Ft. ($369 / sqft) CLOSED 9/30/22 Year Built 1975 Days on market: 5
Prop
Single Family Residence County: Denver Subdivision: Montbello Style: Bungalow Full baths: 1.0 3/4 Baths: 1.0
6,930 Garages: 2
Sold
Off-market
Updated:
7:35
Features Appliances: Disposal, Dryer, Oven, Range Hood, Refrigerator, Washer Association Yn: false Basement: Partial Below Grade Unfinished Area: 200 0 Building Area Source: Public Records Common Walls: No Common Walls Concessions: No Construction Materials: Frame Cooling: Central Air Exterior Features: Private Yard, Rain Gutters Fencing: Partial Flooring: Carpet, Tile Heating: Forced Air Interior Features: Laminate Counters Levels: One Listing Terms: Cash,
VA Loan Living
Total: 1828 Lot Features: Level, Near Public Transit Main
Bathrooms: 1 Main
Bedrooms: 3 Parking
2 Patio And Porch: Patio
Road
Road
Roof:
Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 18
Senior Community Yn: false Sewer: Public Sewer
Structure Type: House Tax Legal Description: MONTBELLO NO 32 B11 L17
Remarks
Tax Year: 2021
Utilities: Electricity Available, Electricity Connected
Water Source: Public Zoning: S-SU-D
Wonderful 4 bedroom, 2 bathroom ranch home in Montbello. Everything has been chosen with thought and care, from the mature landscaping to the lovely layout. As you enter the home you are drawn to the large windows throughout the home that let in natural light. The living room, right off the kitchen, is a great place to relax or watch the big game. Downstairs boasts a large finished basement with a flex space, additional bedroom and bathroom. Step out to the oversized fenced yard with bonus outdoor shed to enjoy the Colorado sunshine. This is a great place to host a barbecue, gathering, or enjoy your morning cup of coffee. Your home is located in a desirable neighborhood. The area features beautiful parks, the Montbello Rec Center, schools and a wealth of nearby amenities. This is a perfect place to call home or build some equity fast!
Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 19
5315 Crystal Street Denver, CO 80239 MLS #9817011 $385,000 4 Beds 2.00 Baths 1,044 Sq. Ft. ($369 / sqft) CLOSED 9/30/22 Year Built 1975 Days on market: 5 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 20
Details
Type:
Size (sqft):
date:
date:
Updated: Sep 9, 2022
AM
List Price: $450,000
list price: $450,000
$1,874
School District: Denver 1
High: Dr. Martin Luther King
Middle: Dr. Martin Luther King Elementary: Amesse
Features:
Internet,
Closet(s)
Level
Level
Road Frontage Type:
Road
Responsibility: Public Maintained
5371 Chandler Way Denver, CO 80239 MLS #8693537 $437,500 3 Beds 2.00 Baths 1,060 Sq. Ft. ($413 / sqft) CLOSED 9/9/22 Year Built 1975 Days on market: 3
Prop
Single Family Residence County: Denver Subdivision: Montbello Style: Traditional Full baths: 2 0 Lot
6,969 Garages: 2 List
7/29/22 Sold
9/9/22 Off-market date: 8/1/22
11:23
Orig
Taxes:
Features Appliances: Dishwasher, Disposal, Microwave, Range Association Yn: false Basement: Full Below Grade Unfinished Area: 53.0 Common Walls: No Common Walls Concessions: No Construction Materials: Brick, Frame, Wood Siding Cooling: Central Air Exterior Features: Private Yard, Rain Gutters Fencing: Full Flooring: Carpet, Laminate, Tile Foundation Details: Concrete Perimeter Furnished: Unfurnished Heating: Forced Air Interior
High Speed
Laminate Counters, Walk-In
Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2067 Lot Features: Landscaped, Level Main
Bathrooms: 1 Main
Bedrooms: 3 Parking Features: Concrete Parking Total: 2 Patio And Porch: Patio Pets Allowed: Yes
Public
Road
Road Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 21
Road Surface Type: Paved Roof: Composition
Senior Community Yn: false
Sewer: Public Sewer
Remarks
Structure Type: House Tax Legal Description: MONTBELLO NO 32 B10 L15
Tax Year: 2021
Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Phone Available
Vegetation: Grassed Virtual Tour: View
Water Source: Public Window Features: Double Pane Windows
Zoning: S-SU-D
Click the Virtual Tour link to view the 3D walkthrough. Great location, just minutes from multiple parks, walking trails, retail, restaurants, and I-70! Step inside to find a spacious and bright living room perfect for entertaining or lounging. The kitchen and dining area are bright and feature white cabinetry, stainless steel appliances, plenty of storage, and access to the backyard! The main level features all 3 bedrooms and a full bathroom. The basement is complete offering additional living space perfect for gathering with loved ones and has 2 additional rooms that can be used as nonconforming bedrooms. The back yard is huge and private, complete with a great covered patio to enjoy all summer long. Welcome home!
Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 22
5371 Chandler Way Denver, CO 80239 MLS #8693537 $437,500 3 Beds 2.00 Baths 1,060 Sq. Ft. ($413 / sqft) CLOSED 9/9/22 Year Built 1975 Days on market: 3 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 23
Analysis
Christopher Wanless
The Bartic Group
Comparable Property Statistics
A 2 Active Listings
LOWEST $430,000
AVERAGE $453,500
P 1 Pending Listings
LOWEST $474,900
S 2 Sold Listings
LOWEST $385,000
AVERAGE $474,900
$474,900
PRICE
AVERAGE $411,250
$437,500
PRICE
HIGH $477,000 AVG
/ SQFT $253 AVG DOM 72
HIGH
AVG
/ SQFT $342 AVG DOM 19
HIGH
AVG PRICE / SQFT $391 AVG DOM 4 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 25
Sold
Analysis
Averages 98.5%
Homes sold for an average of 98.5% of their list price.
Analysis
ADDRESS
4Days on market
It took an average of 4 days for a home to sell.
Crystal Street $385,000 $385,000 100 00%
Chandler Way $450,000 $437,500 97 22%
$369
$413
Property
ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 5315
5
5371
3
Averages $417,500 $411,250 98.50% 4 $391 Comparative Market Analysis 5211 Dillon Street, Denver, Colorado 80239 Christopher Wanless The Bartic Group Cell: 720 837 4299 christopher@thebarticgroup com 26
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
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.
at Keller Williams Integrity
+15% +10%
-10% -15% 10% 30% 60% 75% 90%
ACTIVITY
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.
at Keller Williams Integrity
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