at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $730,000 with the market action index hovering around 81. This is less than last month's market action index of 90. Inventory has increased to 797.
Real-Time Market Profile Median List Price
$730,000
Market Action Index
Median Price of New Listings
$675,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$372
Average Days on Market
28
Median Days on Market
14
Price Decreased
43%
Price Increased
3%
Relisted
5%
Inventory
797
Median Rent
$2,800
Market Action
81
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
81
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$1,525,000
3,758
4,500 - 6,500 sqft
4
4
64
30
43
21
$845,000
2,277
4,500 - 6,500 sqft
4
3
73
43
41
21
$639,900
2,024
4,500 - 6,500 sqft
3
2
65
36
46
14
$480,500
1,310
6,500 - 8,000 sqft
3
2
67
56
66
14
Fri Jul 15 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. $850K $800K $750K $700K $650K $600K $550K $500K Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Fri Jul 15 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Price Per Square Foot
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers can see more home for their money. $425
$400
$375
$350
$325
$300
$275 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 2K
1K
1K
750
500
250
0 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Fri Jul 15 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 120
100
80
60
40
20 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Fri Jul 15 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 24 days. Half of the listings have come newly on the market in the past 8 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125
100
75
50
25
0 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Fri Jul 15 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
6 of 6
1217 S Beeler Ct, Denver, CO 80247-2349, Arapahoe County APN: 1973-22-2-11-159
Expired Listing
CLIP: 1084207008
MLS Beds 4
Full Baths 3
Half Baths N/A
Sale Price $485,000
MLS Sq Ft 1,946
Lot Sq Ft 2,614
Yr Built 1997
Type SFR
Sale Date 11/10/2021
OWNER INFORMATION
Owner Name
Gurnett Carmen A M
Mailing Zip
80247
Owner Name 2
Rahaman Feroz
Mailing ZIP 4
2349
Mailing Address
1217 S Beeler Ct
Mailing Carrier Route
C037
Mailing City & State
Denver, CO
Owner Occupied
Yes
Property Zip
80247
Topography
Flat/Level
Property Zip4
2349
Neighborhood Code
Alton Park Flg 1-0915
Property Carrier Route
C037
Township
04S
School District
Cherry Creek 5
Range
67W
Elementary School
Village East
Section
22
Middle School
Prairie
Quarter
NW
High School
Overland
Block
2
Subdivision
Alton Park 1st Flg
Lot
121
Census Tract
868.02
LOCATION INFORMATION
TAX INFORMATION
PIN
1973-22-2-11-159
% Improved
65%
Alternate PIN
033740734
Tax District
0408
Schedule Number
197322211159
Legal Description
LOT 121 BLK 2 ALTON PARK 1ST FLG
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$132,000
$132,000
$132,000
Market Value - Improved
$244,800
$247,600
$247,600
Market Value - Total
$376,800
$379,600
$379,600
Assessed Value - Land
$9,438
$9,438
$9,438
Assessed Value - Improved
$17,503
$17,703
$17,703
Assessed Value - Total
$26,941
$27,141
$27,141
YOY Assessed Change (%)
-0.74%
0%
YOY Assessed Change ($)
-$200
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$2,270
2020
$2,355
$85
3.75%
2021
$2,361
$7
0.28%
CHARACTERISTICS
Lot Frontage
45
MLS Total Baths
3
Lot Depth
67
Baths - Full
3
Lot Acres
0.06
Stories
Tax: 1 MLS: 3
Lot Sq Ft
2,614
Fireplace
Y
Land Use - County
Single Family Resid
Fireplaces
1
Land Use - CoreLogic
SFR
Cooling Type
Central
Building Type
Single Family
Heat Fuel Type
Gas
Style
Tri-Level
Heat Type
Forced Air
Year Built
1997
Garage Type
Attached Garage
Bldg Sq Ft - Above Ground
1,946
Garage Sq Ft
400
Bldg Sq Ft - Finished
1,946
Roof Material
Asphalt Shingle
Bldg Sq Ft - 1st Floor
768
Exterior
Wood Siding
Bldg Sq Ft - 2nd Floor
675
Foundation
Concrete
# Buildings
1
Quality
Average
Bedrooms
Tax: 3 MLS: 4
Equipment
Dishwasher, Disposal, Sas
Property Details
Courtesy of Tanya Lopez-Portillo, 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: 07/15/22 Page 1/3
Baths - Total
3
FEATURES
Feature Type
Size/Qty
Attached Garage
400
Covered Porch
102
Garden Level Finish
503
Second Floor
675
Garden Level Total
513
First Floor
513
First Floor
255
SELL SCORE
Rating
Low
Sell Score
450
Value As Of
2022-07-10 07:06:06
ESTIMATED VALUE
RealAVM™
$587,900
Confidence Score
92
RealAVM™ Range
$529,110 - $646,690
Forecast Standard Deviation
10
Value As Of
07/02/2022
(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
4837364
MLS Current Price
$599,900
MLS Days On Market
12
MLS Original List Price
$599,900
MLS Source
REcolorado
MLS Listing Contract Date
06/28/2022
MLS Status
Expired
MLS List Office Name
REAL BROKER LLC
MLS Status Change Date
07/10/2022
MLS List Agent Full Name
039642-Laurie Stoessel
MLS Listing #
6231276
2960383
1198637
MLS Source History
REcolorado
REcolorado
REcolorado
MLS Status
Expired
Closed
Closed
MLS Listing Price
$599,000
$478,000
$250,000
MLS Orig Listing Price
$620,000
$478,000
$250,000
$485,000
$245,000
10/09/2021
06/12/2013
11/16/2021
07/26/2013
MLS Listing Close Price MLS Listing Date
04/28/2022
MLS Close Date MLS Listing Expiration Date
06/13/2022
LAST MARKET SALE & SALES HISTORY
Sale Date
11/10/2021
Deed Type
Special Warranty Deed
Sale Price
$485,000
Owner Name
Gurnett Carmen A M
Price per SqFt - Finished
$249.23
Owner Name 2
Rahaman Feroz
Document Number
E1177590
Seller
Boyd Felicia R
Sale Date
11/10/2021
Sale Price
$485,000
Nominal
03/31/2015
07/26/2013
10/15/1999
10/15/1999
$245,000
$189,400
$189,400
Boyd Felicia R
Hill Felicia R
Bitto Joseph E
Dewar Scott D
Y
Buyer
Gurnett Carmen A M
Buyer
Rahaman Feroz
Seller
Boyd Felicia R
Hill Felicia R
Bitto Joseph E
Dewar Scott D
Dewar Scott D
Document Number
E1177590
D5035644
D3095560
A9175188
A9175187
Document Type
Special Warranty Deed
Quit Claim Deed
Warranty Deed
Warranty Deed
Quit Claim Deed
Title Company
Chicago Title Co
First American Title Ins urance
Land Title Guarantee
Sale Date
09/30/1997
Sale Price
$149,715
Nominal Buyer Property Details
Dewar Scott D & Knepper Brad Courtesy of Tanya Lopez-Portillo, 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: 07/15/22 Page 2/3
Buyer
Dewar Knepper Brad
Seller
Kaufman & Broad & Colorado Inc
Document Number
A7129038
Document Type
Warranty Deed
Title Company MORTGAGE HISTORY
Mortgage Date
06/29/2022
11/19/2021
06/06/2019
03/06/2019
03/25/2016
Mortgage Amount
$70,000
$468,813
$68,000
$55,000
$245,600
Sistar Mtg Co
US Fcu Act
Denver Cmnty Cu
Plum Crk Fndg
Boyd Felicia R
Boyd Felicia R
Boyd Felicia R
Mortgage Lender Borrower
Feroz Rahaman
Gurnett Carmen A M
Borrower
Marie Gurneti C A
Rahaman Feroz
Mortgage Type
Private Party Lender
Fha
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
Resale
Refi
Refi
Refi
Adjustable Int Rate Loa n
Adjustable Int Rate Loa n
Mortgage Int Rate Type Mortgage Term
3
30
25
15
30
Mortgage Term
Years
Years
Years
Years
Years
Title Company
First American Title Ins urance
Mortgage Date
04/10/2015
07/30/2013
08/05/2008
Mortgage Amount
$243,487
$240,562
$160,700
Mortgage Lender
Plaza Hm Mtg Inc
Nationstar Mtg LLC
Provident Fndg Assocs Lp
Borrower
Boyd Felicia R
Hill Felicia R
Bitto Joseph E
Mortgage Type
Fha
Fha
Conventional
Mortgage Purpose
Nominal
Resale
Refi
Mortgage Term
30
30
15
Mortgage Term
Years
Years
Years
Borrower
Mortgage Int Rate Type
Title Company
Chicago Title Co
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Tanya Lopez-Portillo, 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: 07/15/22 Page 3/3
Map of Property Locations
1266 S Beeler Street, Denver, CO 80247 Listing Id: 6325147 Status: Pending 07/11/22 Price: $500,000 1 Subtype: SFR Ttl SqFt: 1,994 Bd/Bth: 3/3 Show #: 888-808-0331 1265 S Beeler Street, Denver, CO 80247 Listing Id: 2960750 Status: Closed 05/10/22 Price: $579,000 3 Subtype: SFR Ttl SqFt: 1,868 Bd/Bth: 3/3 Show #: 303-573-7469 1256 S Chester Court, Denver, CO Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:
80247 7458021 Closed 07/08/22 $570,000 SFR 2,272 4/3 888-808-0331
1249 S Boston Street, Denver, CO Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:
80247 2809291 Pending 07/11/22 $574,900 SFR 1,846 3/3 303-573-7469
1355 S Alton Court, Denver, CO 80247 Listing Id: 8974628 Status: Closed 05/02/22 Price: $590,000 Subtype: SFR 4 Ttl SqFt: 1,846 Bd/Bth: 4/4 Show #: 3035737469
Broker 1 Page 1266 S Beeler Street, Denver, CO 80247 (Status: Pending B/U, Listing ID: 6325147) County: Arapahoe List Price: $500,000 Property Type: Residential Original List Price: $500,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1997 Subdivision Name: Alton Park Listing Contract Date: 07/07/2022 Purchase Contract Date: 07/11/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 4 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $1,440.00 Tax Annual Amt: $1,695 Tax Year: 2021 Tax Legal Desc: LOT 114 BLK 2 ALTON PARK 1ST FLG Interior Area & SqFt Building Area Total (SqFt Total): 1,994 Living Area (SqFt Finished): 1,347 Above Grade Finished Area: 1,347 Below Grade Total Area: 647 Below Grade Finished Area: 0 Below Grade Unfinished Area: 647 PSF Total: $251 PSF Finished: $371 PSF Above Grade: $371 Basement: Full, Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: 1 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer Flooring: Carpet Exclusions: None Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $120.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Playground, Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.06 Acres / 2,614 SqFt Waterfront Feat: Lot Features: Level Horse: No Ski Features: Elementary School: Village East / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Prairie / Cherry Creek 5 High School: Overland / Cherry Creek 5 Building & Water Information Construction Materials: Other Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Very well cared for single owner property is ready for some minor cosmetic updates and it'll be ready for the next owner to call it home!! This property has been meticulously maintained throughout the years, and it shows. On the main floor you'll find an open living space with kitchen, dining room and living room all tying together nicely. Upstairs are the primary bed and bath along with 2 seconda... Confidential Information Private Remarks: Seller is elderly so we will require a MINIMUM OF 48 HOURS FOR ALL DEADLINES AND RESPONSE TIMES as we need to sync up and go over things in person. Please grant us some grace and patience. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Immediately, Negotiable Contract Min Earnest: $5,000 Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Individual Showing Information Showing Service: Showing Contact Phone: Showing Instructions:
BrokerBay 888-808-0331 Show Email: Go and show beginning Friday 7/8/22
List Agent: Bryan Molaska List Office: Realty One Group Premier Email:
No Showings Until: 07/08/22 List Agent Phone: 303-960-6001 Mobile: 303-960-6001
Bryan.Molaska@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/15/2022 9:37:49 AM
1266 S Beeler Street, Denver, CO 80247
----
$500,000 - Pending
Full Property View
Front yard
Low maintenance backyard
Backyard
Kitchen
Dining and kitchen
Living and dining
Living room and heading upstairs
Main level 1/2 bath
Primary bedroom
Primary
Primary bath
Primary shower
Upper full bath
Secondary bedroom
Bedroom
Secondary bedroom
Bedroom
Unfinished basement
1249 S Boston Street, Denver, CO 80247 (Status: Pending, Listing ID: 2809291) County: Arapahoe List Price: $574,900 Property Type: Residential Original List Price: $599,900 Property Subtype: Single Family Residence Levels: Tri-Level Basement: Yes Structure Type: House Year Built: 1997 Subdivision Name: Alton park Listing Contract Date: 06/13/2022 Purchase Contract Date: 07/11/2022 Contingency: None Known Days In MLS: 23 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,440.00 Tax Annual Amt: $2,300 Tax Year: 2021 Tax Legal Desc: LOT 143 BLK 2 ALTON PARK 1ST FLG Interior Area & SqFt 1,846 Living Area (SqFt Finished): 1,804 Above Grade Finished Area: 1,422 424 Below Grade Finished Area: 382 Below Grade Unfinished Area: 42 $311 PSF Finished: $319 PSF Above Grade: $404 Bsmnt Ceiling Ht: Fireplace: 1/Gas Log
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Finished Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Jack & Jill Bath, Open Floorplan, Vaulted Ceiling(s) Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven Flooring: Tile, Wood Exclusions: sellers personal property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $120.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Trash Assoc Amenities: Clubhouse, Playground, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.06 Acres / 2,614 SqFt Waterfront Feat: Lot Features: Level Elementary School: Village East / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Prairie / Cherry Creek 5 High School: Overland / Cherry Creek 5 Building & Water Information Construction Materials: Frame Roof: Architectural Shingles Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks No need to look for more homes. Fully remodeled beautiful home in Alton Park. 3 bedroom, 3 bathroom with finished 2 car garage. Open floor plan, vaulted ceilings with gorgeous hardwood floors on the main and lower level. Kitchen has granite countertops, maple cabinets, stainless steel appliances and spacious dining area. Bathrooms have been remodeled and add modern feel to the house. Basement has ... Confidential Information Private Remarks: ****The seller is offering $5,000 mortgage rate buydown assistance****. Buyer and buyer's broker to verify all information , measurements (square footage). Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% Contract Earnest Check To: Land title Possession: Immediately Contract Min Earnest: $6,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land title Ownership: Individual Showing Information Showing Contact Phone:
303-573-7469
Show Email:
List Agent: Alex Katsenelson List Office: MB Champion Realty Email: Alex@ChampionRealtyDenver.com Co List Agent: Tatyana Rannev Co List Office: MB Champion Realty Email:
No Showings Until: List Agent Phone: 303-419-6262 Mobile: 303-419-6262 Phone: 720-365-5875 Mobile: 720-365-5875
Tatyana@ChampionRealtyDenver.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/15/2022 9:37:49 AM
1249 S Boston Street, Denver, CO 80247
----
$574,900 - Pending
1265 S Beeler Street, Denver, CO 80247 (Status: Closed, Listing ID: 2960750) Close Price: $579,000 County: Arapahoe Base Price: $510,000 Property Type: Residential Original List Price: $510,000 Property Subtype: Single Family Residence Levels: Multi/Split Basement: Yes Structure Type: House Year Built: 1997 Subdivision Name: Alton Park Listing Contract Date: 04/14/2022 Purchase Contract Date: 04/17/2022 Contingency: None Known Close Date (DIM): 05/10/2022 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $1,440.00 Tax Annual Amt: $2,337 Tax Year: 2021 Tax Legal Desc: LOT 101 BLK 2 ALTON PARK 1ST FLG Interior Area & SqFt Building Area Total (SqFt Total): 1,868 Living Area (SqFt Finished): 1,444 Above Grade Finished Area: 1,444 Below Grade Total Area: 424 Below Grade Finished Area: 0 Below Grade Unfinished Area: 424 PSF Total: $310 PSF Finished: $401 PSF Above Grade: $401 Basement: Interior Entry/Standard, Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Central Air, Other HVAC Description: Interior Features: Ceiling Fan(s), High Ceilings, Jack & Jill Bath, Open Floorplan, Smoke Free Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Chandelier in living room, (entrance) garage freezer and all personal property. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $120.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Recycling, Snow Removal, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term, Short Term Lease Site & Location Information Lot Size: 0.07 Acres / 3,049 SqFt Waterfront Feat: Elementary School: Village East / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Prairie / Cherry Creek 5 High School: Overland / Cherry Creek 5 Building & Water Information Architectural Style: Traditional Direction Faces: East View: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Sewer: Community Public Remarks This charming 3 bedroom/3 bath split level home in the Alton Park neighborhood and Cherry Creek school district is priced to sell at just over $500k. The main level is open concept with higher ceilings in the living room and kitchen areas. The master is spacious with plenty of natural light and a full en suite bathroom. Enjoy your morning coffee or tea on the front porch of this quiet family neigh... Confidential Information Private Remarks: We have received several offers and showings will end by 1pm on Sunday with offers due by 3pm and an acceptance deadline of 6pm on Sunday. Please no escalation clauses. Seller is looking for a 25 day close with a 45-60 day leaseback. Thanks. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%
List Agent: Chris Livingston List Office: Coldwell Banker Global Luxury Denver Email:
chris.livingston@cbrealty.com
Buyer Agent: Karen Dorfman Buyer Office: Guide Real Estate Email:
karen@guidere.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 720-466-5390 Mobile: 720-466-5390 Buyer Agent Phone: 303-929-4614 Mobile: 303-929-4614 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/15/2022 9:37:50 AM
1265 S Beeler Street, Denver, CO 80247
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$579,000 - Closed
1355 S Alton Court, Denver, CO 80247 (Status: Closed, Listing ID: 8974628) Close Price: $590,000 County: Arapahoe List Price: $590,000 Property Type: Residential Original List Price: $590,000 Property Subtype: Single Family Residence Levels: Tri-Level Basement: Yes Structure Type: House Year Built: 1997 Subdivision Name: Alton Park Listing Contract Date: 04/08/2022 Purchase Contract Date: 04/10/2022 Contingency: None Known Close Date (DIM): 05/02/2022 Days In MLS: 2 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,440.00 Tax Annual Amt: $2,346 Tax Year: 2021 Tax Legal Desc: LOT 83 BLK 2 ALTON PARK 1ST FLG Interior Area & SqFt Building Area Total (SqFt Total): 1,846 Living Area (SqFt Finished): 1,846 Above Grade Finished Area: 1,422 Below Grade Total Area: 424 Below Grade Finished Area: 424 Below Grade Unfinished Area: 0 PSF Total: $320 PSF Finished: $320 PSF Above Grade: $415 Basement: Finished, Partial Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Smoke Free Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Washer Flooring: Carpet, Tile, Vinyl, Wood Furnished: Unfurnished Exclusions: Staging furniture and staging items. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 1 Baths Three Quarter: 2 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 2 Offstreet Spaces: 2 Association Information Assoc 1 Fee/Frequency: $120.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Snow Removal Assoc Amenities: Clubhouse, Playground, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Size: 0.07 Acres / 3,049 SqFt Waterfront Feat: Lot Features: Level Elementary School: Village East / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Prairie / Cherry Creek 5 High School: Overland / Cherry Creek 5 Building & Water Information Architectural Style: Traditional Direction Faces: East View: Construction Materials: Concrete, Frame Roof: Composition Exterior Features: Garden, Lighting, Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks This beautifully updated Alton Park home is in a great central location with easy access to downtown or the DTC, has great neighborhood amenities, and has been very well taken care of with updates throughout. The home features an open floorplan with lots of light, upgraded light fixtures, outlets and hardware, stainless steel appliances, hardwood floors, fresh paint inside and out, central AC, vau... Confidential Information Private Remarks: Please use hand sanitizer and remove shoes or use booties provided. Carpets have just been cleaned. Seller will consider backup offers. Buyer to verify all information. Quick possession/DOD. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% List Agent Phone: 303-522-0183 Mobile:
List Agent: Charlie Marshall List Office: HomeSmart Email:
charlesstuartmarshall@gmail.com
Buyer Agent: Chelsea Blankenship Buyer Office: Golba Group Real Estate Email:
Chelseablankenship18@gmail.com
Concessions: No Buyer Financing: Conventional
Buyer Agent Phone: Mobile: 843-575-2490 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/15/2022 9:37:50 AM
1355 S Alton Court, Denver, CO 80247
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$590,000 - Closed
1256 S Chester Court, Denver, CO 80247 (Status: Closed, Listing ID: 7458021) Close Price: $570,000 County: Arapahoe List Price: $570,000 Property Type: Residential Original List Price: $570,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1998 Subdivision Name: Alton Park Listing Contract Date: 06/01/2022 Purchase Contract Date: 06/08/2022 Contingency: None Known Close Date (DIM): 07/08/2022 Days In MLS: 7 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,440.00 Tax Annual Amt: $2,397 Tax Year: 2021 Tax Legal Desc: LOT 40 BLK 2 ALTON PARK 1ST FLG Interior Area & SqFt Building Area Total (SqFt Total): 2,272 Living Area (SqFt Finished): 1,935 Above Grade Finished Area: 1,585 Below Grade Total Area: 687 Below Grade Finished Area: 350 Below Grade Unfinished Area: 337 PSF Total: $251 PSF Finished: $295 PSF Above Grade: $360 Basement: Bath/Stubbed Bsmnt Ceiling Ht: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Pantry, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Tile, Wood Exclusions: Sellers personal property Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $120.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Trash Assoc Amenities: Clubhouse, Playground, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.07 Acres / 3,049 SqFt Waterfront Feat: Lot Features: Sprinklers In Front, Sprinklers In Rear Elementary School: Village East / Cherry Creek 5 Bldg/Complex Name: Middle/Junior Sch: Prairie / Cherry Creek 5 High School: Overland / Cherry Creek 5 Building & Water Information Architectural Style: Traditional Direction Faces: West View: Construction Materials: Frame, Other Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Excellent 4 bed/3 bath 2-story in Alton Park! Updated/remodeled kitchen with granite countertops, tile backsplash, stainless steel appliances including a newer French door refrigerator (new June 2021), pantry, & more. 4 bedrooms on the 2nd floor. Harwood floors on main floor. Large primary bedroom with walk-in closet & ensuite full bathroom. Double pane windows with window blinds. Central A/C. P... Confidential Information Private Remarks: There is a solar lease in place with Tesla solar panels which the new buyer will need to assume/take over. Buyer to verify square footage/finished square footage. Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8% List Agent Phone: 303-929-8722 Mobile: 303-929-8722
List Agent: Ryan Borger List Office: HomeSmart Email:
ryan@podiumproperties.com
Buyer Agent: Ryan Williams Buyer Office: LoKation Real Estate Email:
ryan@rr-services.co
Concessions: No Buyer Financing: Conventional
Buyer Agent Phone: 501-827-0764 Mobile: 501-827-0764 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/15/2022 9:37:50 AM
1256 S Chester Court, Denver, CO 80247
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$570,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/15/2022 to 03/17/2022 Latitude, Longitude is within 0.25 mi of
1217 S Beeler Ct, Denver, CO 80247, USA Beds Total is 3 to 4 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'
Residential Pending Properties Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
Denver
3
3
1,347
1,994
1,347
07/11/22
$371
$251
$371
Denver
3
3
1,422
1,846
1,804
07/11/22
$404
$311
$319
Averages:
1,385
1,920
1,576
$388
$281
$345
Listing ID Address
City
6325147 1266 S Beeler ST 2809291 1249 S Boston ST
Count: 2
High $574,900
List Price:
Low $500,000
PSF Fin DIM Orig Price
List Price
4
500,000
$500,000
23 14
599,900
$574,900
$549,950
$537,450
Median $537,450
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
7458021 1256 S Chester CT
Denver
4
3
1,585
2,272
1,935
07/08/22
$360
$251
$295
2960750 1265 S Beeler ST
Denver
3
3
1,444
1,868
1,444
05/10/22
$401
$310
8974628 1355 S Alton CT
Denver
4
4
1,422
1,846
1,846
05/02/22
$415
$320
Averages:
1,484
1,995
1,742
$392
$293
$338
Count: 3
Closed Price:
Report Totals
Presented By: Tanya Lopez-Portillo Generated on: 07/15/2022
Count : 5
Averages:
High $590,000
SqFt Abv 1,444
SqFt Ttl 1,965
Low $570,000 Sqft Fin 1,675
PSF Abv $ 390
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
7
570,000
$570,000 $570,000
100%
$401
3
510,000
$510,000 $579,000
114%
$320
2 4
590,000
$590,000 $590,000
100%
$556,667
$556,667 $579,667
105%
Orig Price $553,980
List Price Close Price $548,980 $579,667
CP/OLP 105 %
Median $579,000 PSF Ttl
$289
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $341
CMA 1-Line Page 1 of 1
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐
Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
1
2
3
4
5
6
TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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