Shulenberger Market Analysis

Page 1

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 $775,000 with the market action index hovering around 100. This is an increase over last month's market action index of 98. Inventory has increased to 351.

Real-Time Market Profile Median List Price

$775,000

Market Action Index

Median Price of New Listings

$700,000

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$382

Average Days on Market

23

Median Days on Market

7

Price Decreased

15%

Price Increased

5%

Relisted

3%

Inventory

351

Median Rent

$2,500

Market Action

100

inventory. 50

40

Buyer's Market

60

20

80

10

on

100

100

90

ay Tod th

Las t

M

0

Seller's Market

70

30

Strong Seller's Market Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

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

$2,000,000

4,393

4,500 - 6,500 sqft

5

4

22

29

32

14

$875,000

2,344

4,500 - 6,500 sqft

4

3

79

45

40

7

$675,000

1,951

6,500 - 8,000 sqft

3

2

67

56

44

0

$499,950

1,305

6,500 - 8,000 sqft

3

2

67

52

48

0

Tue May 03 2022

2 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Median List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $850K $800K $750K $700K $650K $600K $550K $500K May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

Apr 2022

90-Day Average

Segments

Prices have generally settled at a plateau, although Quartile 1 is on a bit of an up trend 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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Tue May 03 2022

May 2021

Sep 2021

Jan 2022

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

The value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices. $450

$400

$350

$300

$250 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

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 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

Apr 2022

90-Day Average

Tue May 03 2022

4 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO

Market Action Index

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. 120

100

80

60

40

20 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Tue May 03 2022

May 2021

Sep 2021

Jan 2022

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 29 days. Half of the listings have come newly on the market in the past 4 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Tue May 03 2022

May 2021

Sep 2021

Jan 2022

Apr 2022

Bottom 90-Day

6 of 6


8060 E Girard Ave #904, Denver, CO 80231-4422, Denver County APN: 6333-05-158

CLIP: 8199193753

MLS Beds 1

MLS Baths 1

MLS Sale Price $150,000

MLS Sale Date 08/29/2019

MLS Sq Ft 754

Lot Sq Ft 221,615

Yr Built 1974

Type CONDO

OWNER INFORMATION

Owner Name

Shulenberger Janet

Mailing Zip

80231

Owner Name 2

Shulenberger Jason

Mailing ZIP 4

4422

Mailing Address

8060 E Girard Ave #904

Mailing Carrier Route

C005

Mailing City & State

Denver, CO

Owner Occupied

Yes

Property Zip

80231

Census Tract

68.18

Property Zip4

4422

Topography

Flat/Level

Property Carrier Route

C005

Neighborhood Code

Hampden Hts W-0668

School District

Denver County 1

Neighborhood Name (OnBoard)

Hampden

Elementary School

Samuels

Traffic

Local

Middle School

Hamilton

Township

04S

High School

Thomas Jefferson

Range

67W

Subdivision

Hampden East Condo Ph 03

Section

33

Zoning

S-MU-12

Quarter

SW

PIN

6333-05-158

% Improved

93%

Schedule Number

0633305158158

Tax District

DENV

Legal Description

HAMPDEN EAST CONDOS U-904 P HASE-III

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$11,400

$11,400

$11,400

Market Value - Improved

$146,900

$134,500

$134,500

Market Value - Total

$158,300

$145,900

$145,900

Assessed Value - Land

$820

$820

$820

Assessed Value - Improved

$10,500

$9,620

$9,620

Assessed Value - Total

$11,320

$10,440

$10,440

YOY Assessed Change (%)

8.43%

0%

YOY Assessed Change ($)

$880

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$753

2020

$775

$22

2.88%

2021

$845

$70

9.05%

CHARACTERISTICS

Lot Acres

5.0876

Bedrooms

1

Lot Sq Ft

221,615

Baths - Total

1

Land Use - County

Condo Dwelling/Units

MLS Total Baths

1

Land Use - CoreLogic

Condominium

Baths - Full

1

Style

Row House

Stories

1

Year Built

1974

Cooling Type

Central

Bldg Sq Ft - Above Ground

754

Heat Type

Hot Water

Bldg Sq Ft - Total

754

Patio Type

Wood Deck

Bldg Sq Ft - Finished

754

Garage Type

Designated Area

Bldg Sq Ft - 1st Floor

754

Exterior

Frame/Masonry

# Buildings

1

Quality

Average

Total Rooms

3

FEATURES

Feature Type

Property Details

Size/Qty

Courtesy of Christopher Wanless, 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: 05/03/22 Page 1/3


Wd Deck

148

SELL SCORE

Rating

Moderate

Sell Score

513

Value As Of

2022-05-01 03:23:45

LISTING INFORMATION

MLS Listing Id

4887839

MLS Close Price

$150,000

MLS Days On Market

12

MLS Listing Contract Date

07/18/2019

MLS Source

REcolorado

MLS Close Date

08/29/2019

MLS Status

Closed

MLS List Office Name

MB HUME & COMPANY

MLS Status Change Date

08/29/2019

MLS List Agent Full Name

18551-Greg Hume

MLS Current Price

$150,000

MLS Buyer Agent Full Name

55046189-Nicholas Smith

MLS Original List Price

$155,000

MLS Buyer Office Name

SELLSTATE ACE REALTY

Sale Date

Tax: 08/28/2019 MLS: 08/29/2019

Deed Type

Warranty Deed

Sale Price

$150,000

Owner Name

Shulenberger Janet

Price per SqFt - Finished

$198.94

Owner Name 2

Shulenberger Jason

Document Number

116944

Seller

Sowa Ronald S

LAST MARKET SALE & SALES HISTORY

Sale Date

08/28/2019

01/03/1999

Sale Price

$150,000

$82,000

Nominal

01/03/1999

07/10/1997

06/01/1982

$62,500

$58,800

Ulanoski Stephen N

Pelliccia Anthony

Y

Buyer

Shulenberger Janet & Jason

Sowa Ronald S

Ulanoski Stephen N & Tracy

Buyer

Shulenberger Jason

Seller

Sowa Ronald S

Ulanoski Stephen N & Tracy

Ulanoski Stephen N

Pellicchia Anthony

Document Number

116944

2060

2059

91457

2602-425

Document Type

Warranty Deed

Warranty Deed

Quit Claim Deed

Warranty Deed

Deed (Reg)

Title Company

Fidelity National Title C o

Transnation Title Ins C o

Transnation Title Ins C o

Mortgage Date

08/30/2019

06/12/2007

06/28/2004

01/06/2000

07/16/1997

Mortgage Amount

$112,500

$70,000

$50,000

$37,000

$61,050

Mortgage Lender

First Nat'l Bk/Omaha

US Bk National Assn

Bank One Na

Bank Of Cherry Creek

Resource Bankshares Mtg Grp In

Borrower

Shulenberger Janet

Sowa Ronald S

Sowa Ronald S

Sowa Ronald S

Ulanoski Stephen N

Borrower

Shulenberger Jason

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Fha

Mortgage Purpose

Resale

Refi

Refi

Resale

Resale

Ulanoski Tracy

MORTGAGE HISTORY

Mortgage Int Rate Type

Fixed Rate Loan

Mortgage Term

30

25

20

Mortgage Term

Years

Years

Years

Title Company

Property Details

First American Title Ins Lndrs

Courtesy of Christopher Wanless, 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: 05/03/22 Page 2/3


PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Christopher Wanless, 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: 05/03/22 Page 3/3


Map of Property Locations

8060 E Girard Avenue Unit #915, Denver, CO 80231 Listing Id: 9613170 Status: Pending 02/01/22 Price: $189,000 1 Subtype: CON Ttl SqFt: 735 Bd/Bth: 1/1 Show #: 8060 E Girard Avenue Unit #813, Denver, CO 80231 Listing Id: 9389894 Status: Closed 03/11/22 Price: $227,500 3 Subtype: CON Ttl SqFt: 815 Bd/Bth: 1/1 Show #: 3465 S Poplar Street Unit #106, Denver, CO 80224 Listing Id: 4564547 Status: Closed 03/23/22 Price: $265,000 5 Subtype: CON Ttl SqFt: 832 Bd/Bth: 1/1 Show #: 303-573-7469

8060 E Girard Avenue Unit #207, Denver, CO 80231 Listing Id: IR963460 Status: Pending 04/23/22 Price: $205,000 Subtype: CON 2 Ttl SqFt: 735 Bd/Bth: 1/1 Show #: 303-573-7469 7665 E Eastman Avenue Unit #C309, Denver, CO 80231 Listing Id: 5340185 Status: Closed 03/07/22 Price: $235,000 Subtype: CON 4 Ttl SqFt: 728 Bd/Bth: 1/1 Show #:


Gallery 8060 E Girard Avenue Unit #915 Denver, CO 80231

Listing Id: 9613170 Status: Pending 02/01/22 List Price: $189,000 Subtype: CON © REcolorado 2022.

8060 E Girard Avenue Unit #207 Denver, CO 80231

Ttl SqFt: Abv: Bd/Bth: Prk Ttl:

735 735 1/1 1

7665 E Eastman Avenue Unit #C309 Denver, CO 80231

Listing Id: 5340185 Status: Closed 03/07/22 List Price: $235,000 Subtype: CON © REcolorado 2022.

Ttl SqFt: Abv: Bd/Bth: Prk Ttl:

Listing Id: IR963460 Status: Pending 04/23/22 List Price: $205,000 Subtype: CON © IRES LLC 2022.

8060 E Girard Avenue Unit #813 Denver, CO 80231

Ttl SqFt: Abv: Bd/Bth: Prk Ttl:

735 735 1/1 1

Ttl SqFt: Abv: Bd/Bth: Prk Ttl:

832 832 1/1 1

3465 S Poplar Street Unit #106 Denver, CO 80224

728 728 1/1 1

Listing Id: 4564547 Status: Closed 03/23/22 List Price: $265,000 Subtype: CON © REcolorado 2022.

Listing Id: 9389894 Status: Closed 03/11/22 List Price: $227,500 Subtype: CON © REcolorado 2022.

Ttl SqFt: Abv: Bd/Bth: Prk Ttl:

815 815 1/1 1


Full Property View - Client

8060 E Girard Avenue Unit #915, Denver, CO 80231

----

Listing ID: 9613170 County: Denver Property Type: Residential Property Subtype: Condominium Structure Type: High Rise (8+) Levels: One Subdivision Name: Hampden East Listing Contract Date: 11/17/2021 Purchase Contract Date: 02/01/2022

$189,000 - Pending MLS Status: List Price: Original List Price:

Pending $189,000 $189,000

Basement: Year Built:

No 1974

Spec. Listing Cond: None Known Offer accepted Contingency: contingent on court approval

Days in MLS: 76 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $3,474.12 Tax Annual Amt: $769 Tax Year: 2020 Tax Legal Desc: HAMPDEN EAST CONDOS U-915 PHASE-III

Interior Area & SqFt Building Area Total (SqFt Total): 735 Above Grade Finished Area: 735 PSF Total: $257 Foundation: Heating: Hot Water Cooling: Central Air Security Features: Key Card Entry Exclusions: n/a

Living Area (SqFt Finished): 735

Area Source:

Public Records

PSF Above Grade:

PSF Finished:

$257

$257 Fireplace:

HVAC Description: Flooring:

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

1 0 1 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

1 0 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 0 0 0

Detailed Room Info Room Type Bathroom (Full) Bedroom Kitchen Living Room Dining Room

Rm Level Main Main Main Main Main

Dimensions Description

Parking Parking Total: 1 Parking Type Community Parking Garage

# of Spaces 1

Garage Spaces: 1 Parking Length Parking Width

Offstreet Spaces: Parking Description Parking fee to HOA

0

Association Information Association 1 Association Name: HAMPDEN EAST CONDOS Association Type: Professionally Managed Association Phone: (303) 928-7670 Association Website: https://MastinoMgmt.com Assoc Fee/Frequency: $289.51 Monthly Assoc Fee Annual: $3,474.12 Assoc Fee Tot Annl: $3,474.12

Association 2

Association 3

$0.00

$0.00

Assoc Fee Incl:

Exterior Maintenance w/out Roof, Gas, Heat, Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Coin Laundry, Elevator(s), Front Desk, Gated, On Site Management Restriction Covenants: Other Pets Allowed: Senior Community: No

Site & Location Information Current Use:

Elementary School: Samuels / Denver 1 Middle/Junior Sch: Hamilton / Denver 1 High School: Thomas Jefferson / Denver 1 School of Choice: View Walk, Bike, & Transit Scores

Bldg/Complex Name: Hampden East Parcel Number: Walk Score:

06333-05-169-169 69

Building Information Architectural Style: Construction Materials: Brick Roof: Rolled/Hot Mop Patio/Porch Feat:

Exterior Features: Pool Features:

Balcony Indoor

Water & Utilities Water Included:

Water Source:

Public Remarks

Sewer:

Public Sewer


Beautiful 1 bedroom, 1 bath unit (recently "refreshed" with new paint and new light fixtures) in luxury building with great amenities (indoor and outdoor pools, tennis courts, party room, jacuzzi, sauna, steam room, gym, game room, hair salon, etc.) On site management and security. Unbeatable location, close to restaurants and shopping. Less than a mile to I-25 and to the light rail. Please respect and obey all COVID safety requirements.

Directions Hampden and I-25, go East to Tamarac St. North one block to Girard Ave. East to the FIRST driveway on the Right. Drive through the gates all the way to the two towers at the end. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/03/2022 10:49:41 AM


8060 E Girard Avenue Unit #207, Denver, CO 80231 Listing ID:

IR963460

----

$205,000 - Pending MLS Status: Accepting Backups: List Price: Original List Price:

County: Denver Property Type: Residential Property Subtype: Condominium Structure Type: Basement: Levels: One Year Built: Subdivision Name: HAMPDEN EAST Listing Contract Date: 04/21/2022 Spec. Listing Cond: Purchase Contract Date: 04/23/2022 Contingency: Days in MLS: 13 Association: Y Multiple: Cov/Rest: Y Assoc Fee Tot Annl: Tax Annual Amt: $387 Tax Year: Tax Legal Desc: HAMPDEN EAST CONDOS U-207 PHASE

Pending Yes $205,000 $205,000 No 1974

$4,043.04 2021 - III

Recent: 04/23/2022 : PEND : A->P

Interior Area & SqFt Building Area Total (SqFt Total): 735 Living Area (SqFt Finished): 735 Area Source: Assessor Above Grade Finished Area: 735 Below Grade Total Area: 0 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 PSF Total: PSF Above Grade: $279 PSF Finished: $279 Basement: None Bsmnt Ceiling Ht: Foundation: Fireplace: Heating: Forced Air Cooling: Central Air HVAC Description: Central Air Conditioning Interior Features: Open Floorplan Security Features: Fire Sprinkler System Flooring: Appliances: Dishwasher, Microwave, Oven, Refrigerator Exclusions: Sellers personal property

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

1 0 1 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

1 0 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 0 0

Detailed Room Info Room Type Primary Bedroom Kitchen Living Room Primary Bathroom (Full)

Rm Level Main Main Main

Dimensions Description 0x0 Wood 0x0 Wood

Main

Parking Parking Total: 1 Parking Type Garage (Detached)

# of Spaces 1

Garage Spaces: 1 Parking Length Parking Width

Offstreet Spaces: Parking Description

Association Information Association Name: Association Type: Association Phone: Association Website: Assoc Fee/Frequency: Assoc Fee Annual: Assoc Fee Tot Annl: Assoc Fee Incl:

Association 1 Worthross

Association 2

Association 3

303-696-0697 $336.92 Monthly $4,043.04 $4,043.04 Capital Reserves, Heat, Maintenance Grounds, Maintenance Structure, Security, Snow Removal, Trash, Water Fitness Center, Laundry, Park, Pool, Sauna, Security

Assoc Amenities:

Site & Location Information Current Use: Road Surf/Front:

Paved

Road Responsibility: Elementary School: Samuels / Denver 1 Middle/Junior Sch: Hamilton / High School: Thomas Jefferson / Denver 1 School of Choice: Zoning: res View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

6333-05-021

Building Information Architectural Style: Construction Materials: Brick, Wood Frame Roof: Exterior Features:

Balcony

Water & Utilities Water Included: Water Tap Paid: Utilities:

Water Source: Public No Water Tap Fee: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Sewer: Water/Mineral Rights: Electric:


Public Remarks Gorgeous updates in second floor unit including new flooring, counter tops, vanity, appliances, cabinetry and fixtures! Seller barely settled in when a new job required a move. Entry-way has a big closet for coats and storage. Large, sunny bedroom with walk-in closet and full bath all on one floor. Dining area is currently being used as an office space. Relax and unwind on your large, private patio easily accessed from sliding glass doors in both bedroom and living room. Amenities include a pool, weight room, sauna, hair salon, game room, party room, and tennis. HOA covers trash, sewage, water so utilities are next to nothing. Location can't be beat with easy access to freeways and shopping right across the street. Quick close possible!

All data deemed reliable but not guaranteed. © IRES LLC 2022.

Spacious living area

Open floor plan

Dining room currently used as office space

Generated on: 05/03/2022 10:49:41 AM


8060 E Girard Avenue Unit #813, Denver, CO 80231 Listing ID:

$227,500 - Closed

----

9389894

MLS Status: Close Price: List Price: Original List Price:

Closed $227,500 $189,900 $189,900

County: Denver Property Type: Residential Property Subtype: Condominium Structure Type: High Rise (8+) Basement: No Levels: One Year Built: 1974 Subdivision Name: Hampden East Listing Contract Date: 02/09/2022 Spec. Listing Cond: None Known Purchase Contract Date: 02/14/2022 Contingency: None Known Close Date: 03/11/2022 Days in MLS: 5 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $3,780.00 Tax Annual Amt: $793 Tax Year: 2020 Tax Legal Desc: HAMPDEN EAST CONDOS U-813 PHASE-III

Interior Area & SqFt Building Area Total (SqFt Total): 815 Living Area (SqFt Finished): 815 Area Source: Above Grade Finished Area: 815 PSF Total: $279 PSF Above Grade: $279 PSF Finished: Foundation: Fireplace: Heating: Forced Air, Hot Water Cooling: Central Air HVAC Description: Interior Features: Granite Counters Security Features: Flooring: Wood Furnished: Unfurnished Exclusions: Seller's personal property

Public Records $279

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

1 0 1 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

1 0 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 0 0 0

Detailed Room Info Room Type Living Room Kitchen Dining Room Bedroom Bathroom (Full)

Rm Level

Dimensions Description

Main Main

Parking Parking Total: 1 Parking Type # of Spaces Community Parking 1 Garage Parking Features: Storage

Garage Spaces: 1 Parking Length Parking Width

Offstreet Spaces: Parking Description leased through HOA $20/month

0

Association Information Association Name: Association Type: Association Phone: Association Website: Assoc Fee/Frequency: Assoc Fee Annual: Assoc Fee Tot Annl:

Association 1 Association 2 Hamden East Professionally Managed (303) 928-7670 https://www.mastinomgmt.com/c $315.00 Monthly $3,780.00 $0.00 $3,780.00

Association 3

$0.00

Assoc Fee Incl:

Gas, Heat, Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Coin Laundry, Concierge, Elevator(s), Fitness Center, Front Desk, Parking, Pool, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s) Restriction Covenants: Pets Allowed: Senior Community: No

Site & Location Information Current Use:

Elementary School: Holm / Denver 1 Middle/Junior Sch: Hamilton / Denver 1 High School: Thomas Jefferson / Denver 1 School of Choice: Zoning: S-MU-12 View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

6333-05-147 68

Building Information Architectural Style: Direction Faces: Construction Materials: Brick, Frame Roof: Other Property Condition: Updated/Remodeled Patio/Porch Feat:

View: City, Mountain(s) Exterior Features: Builder Name: Pool Features:

Balcony

Builder Model: Indoor, Outdoor Pool


Water & Utilities Water Included: Utilities:

Cable Available

Water Source:

Public

Sewer: Electric:

Public Sewer

Public Remarks One of the most excellent listings in the desirable Hampden East III. Great location and updated. Hampden corridor is home to Cherry Creek State Park, DTC, restaurants, shopping, and more. This well-maintained, clean, spacious condo has Pergo hardwood floors granite countertops and is newly painted throughout the unit. Plus, it is across the street from Target and Whole Foods and only 1 mile from I 25 and the light rail. HOA includes A/C heat, water, insurance, trash, and maintenance. Large balcony with mountain views with access from both the living room and main bedroom. Quiet location. The secured building has a workout room, pools, whirlpool, sauna, and steam room. It is excellent for owner-occupied or rental. Enjoy maintenance-free living. A rare gem in southeast Denver at this price. Upper deck gated parking and Underground garage spaces are not deeded to any units. Available for rent from the HOA $50/month. No FHA! See this fantastic condo and breathtaking views before it’s gone!

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/03/2022 10:49:41 AM

View from balcony


7665 E Eastman Avenue Unit #C309, Denver, CO 80231 Listing ID:

5340185

----

$235,000 - Closed

MLS Status: Close Price: List Price: Original List Price:

Closed $235,000 $225,000 $225,000

County: Denver Property Type: Residential Property Subtype: Condominium Structure Type: Low Rise (1-3) Basement: No Levels: One Year Built: 1978 Subdivision Name: Shadow Wood Listing Contract Date: 02/11/2022 Spec. Listing Cond: None Known Purchase Contract Date: 02/14/2022 Contingency: None Known Close Date: 03/07/2022 Days in MLS: 3 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $3,586.20 Tax Annual Amt: $916 Tax Year: 2020 Tax Legal Desc: SHADOW WOOD CONDOS U-309 BLDG-C PRK-445 STR309

Interior Area & SqFt Building Area Total (SqFt Total): 728 Living Area (SqFt Finished): 728 Area Source: Above Grade Finished Area: 728 PSF Total: $323 PSF Above Grade: $323 PSF Finished: Foundation: Fireplace: 1/Family Room Heating: Forced Air Cooling: None HVAC Description: Interior Features: Ceiling Fan(s), Walk-In Closet(s) Security Features: Flooring: Carpet, Laminate Appliances: Cooktop, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer Exclusions: All seller personal property

$323

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

1 0 1 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

1 0 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 0 0 0

Detailed Room Info Room Type Family Room Dining Room Kitchen Bedroom Bathroom (Full) Laundry

Rm Level Main Main Main Main Main Main

Dimensions Description

Parking Parking Total: 1 Carport Spaces: 0 Parking Type Reserved - Deeded

# of Spaces 1

Garage Spaces: 0 Reserved Spaces: 1 Parking Length Parking Width

Offstreet Spaces: RV Spaces: Parking Description

0 0

Association Information Association 1 Association 2 Association Name: Shadow Wood Condominium Association, Inc. Association Type: Professionally Managed Association Phone: 303-832-2971 Association Website: http://www.capmanagement.com Assoc Fee/Frequency: $298.85 Monthly Assoc Fee Annual: $3,586.20 $0.00 Assoc Fee Tot Annl: $3,586.20

Association 3

$0.00

Assoc Fee Incl:

Capital Reserves, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal Restriction Covenants: Other Pets Allowed: Senior Community: No

Site & Location Information Current Use:

Elementary School: Holm / Denver 1 Middle/Junior Sch: Hamilton / Denver 1 High School: Thomas Jefferson / Denver 1 School of Choice: Zoning: R-2-A View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

6333-04-081 74

Building Information Architectural Style: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Patio/Porch Feat: Covered, Deck Pool Features:

Balcony, Lighting, Rain Gutters, Tennis Court(s)

Water & Utilities Water Included:

Water Source:

Sewer:

Public Sewer


Public Remarks AWESOME Open and Bright Condo in the Highly Sought after Tamarac Community in Denver. Within steps of Bible Park, public transportation, and I-25 & Hampden this location is PRIMO!!! As you enter the home you are greeted by a spacious entry way that leads into your great room. Your great room leads into your open kitchen with all appliances included & TONS of cabinets and storage space. Both bedrooms are oversized and share a full bathroom. Stacked washer & dryer INSIDE UNIT!!! Home has brand new paint throughout, brand new oven and sliding glass door that leads to your 3rd story deck with amazing views!!. One reserved parking space comes with the property w/ plenty of extra guest parking nearby!! INVESTOR ALTERT!! Awesome rental & sweat equity opportunity as well.

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/03/2022 10:49:42 AM


3465 S Poplar Street Unit #106, Denver, CO 80224 Listing ID:

4564547

----

$265,000 - Closed MLS Status: Close Price: List Price: Original List Price:

County: Denver Property Type: Residential Property Subtype: Condominium Structure Type: Mid Rise (4-7) Basement: Levels: One Year Built: Subdivision Name: Morningside Listing Contract Date: 03/05/2022 Spec. Listing Cond: Purchase Contract Date: 03/07/2022 Contingency: Close Date: 03/23/2022 Days in MLS: 2 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $956 Tax Year: Tax Legal Desc: MORNINGSIDE CONDOS U-326 BLDG-J

Closed $265,000 $250,000 $250,000 No 1978 None Known None Known $3,516.00 2020 AKA UNIT J106

Interior Area & SqFt Building Area Total (SqFt Total): 832 Living Area (SqFt Finished): 832 Area Source: Above Grade Finished Area: 832 PSF Total: $319 PSF Above Grade: $319 PSF Finished: Foundation: Fireplace: Heating: Hot Water, Natural Gas Cooling: Air Conditioning-Room HVAC Description: Interior Features: Ceiling Fan(s), Entrance Foyer, No Stairs, Pantry, Smoke Free, Walk-In Closet(s) Security Features: Carbon Monoxide Detector(s), Secured Flooring: Carpet, Tile Garage/Parking, Security Entrance, Smoke Detector(s) Double Pane Windows, Window Window Features: Spa Features: Coverings Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator, Self Cleaning Oven Other Equipment: Laundry: Common Area Exclusions: Seller's furnishings

Builder $319

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

1 0 1 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

1 0 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 0 0 0

Detailed Room Info Room Type Living Room Dining Room Kitchen Bedroom Bathroom (Full) Sun Room

Rm Level Main Main Main Main Main Main

Dimensions Description New Berber Carpet! Opens to enclosed lanai, New energy efficient windows Off Kitchen, Ceiling fan Stainless Steel Appliances, Pantry, ample cabinets Large Master with walk-in closet, new energy efficient window Updated, newer tile in tub/shower, new vanity, double closet All New Energy Efficient Windows 2020! Overlooks Stream, Tile Floor

Parking Parking Total: 1 Parking Type Garage (Attached)

# of Spaces 1

Garage Spaces: 1 Parking Length Parking Width

Offstreet Spaces: 0 Parking Description #106 Under/Bldg, key-lock elevator

Association Information Association 1 Association Name: Morningside Association Type: Professionally Managed Association Phone: 303-758-4355 Association Website: morningsidecondos.com Assoc Fee/Frequency: $293.00 Monthly Assoc Fee Annual: $3,516.00 Assoc Fee Tot Annl: $3,516.00

Association 2

Association 3

$0.00

$0.00

Assoc Fee Incl:

Gas, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Assoc Amenities: Bike Storage, Clubhouse, Coin Laundry, Elevator(s), Fitness Center, Laundry, On Site Management, Parking, Pool, Sauna, Spa/Hot Tub, Storage Restriction Covenants: Pets Allowed: Cats OK, Dogs OK, Number Senior Community: No Limit Restriction Other: 2 pets Special Assessment: No Special Rentals Allowed: Long Term Assessments at Morningside ever! Assoc Transfer Amt: $200.00 Assoc Private Transfer Fee: Assoc Status Letter Fee: $200.00

Site & Location Information Current Use: Waterfront Feat: Road Surf/Front:

Stream Paved/Public Road

Bldg/Complex Name: Morningside Parcel Number:

6324-32-006

Vegetation: Road Responsibility: Elementary School: Middle/Junior Sch: High School: School of Choice:

Public Maintained Road Samuels / Denver 1 Hamilton / Denver 1 Thomas Jefferson / Denver 1


Is Incorporated: Walk Score: Distance To Bus:

Zoning: B-A-1 View Walk, Bike, & Transit Scores Distance To Light Rail: 5 Minutes

77 2 Blocks

Building Information Architectural Style: Entry Level/Loc:

Common Walls:

Construction Materials: Block Roof: Unknown Property Condition: Updated/Remodeled Patio/Porch Feat: Covered

2+ Common Walls

Exterior Features: Builder Name: Pool Features:

Balcony

Unit Count:

40

Builder Model:

Water & Utilities Water Included: Utilities:

Cable Available

Water Source:

Public

Sewer: Electric:

Public Sewer 220 Volts

Public Remarks Walk in the door and feel at home in this delightful and stylish condominium! Spacious living room with new Berber carpet opens to the tiled, enclosed lanai with new energy efficient windows installed in 2020. The lanai overlooks the stream that is scheduled for renovation! Updated bath with tiled shower/tub, and a new vanity. Kitchen features stainless steel appliances, ample cabinets, and a pantry. Large bedroom with a walk-in closet and a new window was installed in 2020. New electric panel just installed! Move right in and enjoy maintenance-free living at Morningside. Elevated first floor location (under-building garage is garden-level). Convenient locked side-entry to building with additional off-street parking is ground level with no stairs--just down the hall! Beautifully landscaped grounds with trees that offer beauty all year from blossoms to Fall colors! Great Clubhouse is just a few steps away in the heart of the community. Excellent Amenities: indoor and outdoor pools, spa, Fitness Centers with steam, shower, sauna and lockers. Outdoor pool is nestled among lovely landscape with barbeque grills for your use. Large Deck, Card, Party and Billard rooms are perfect for entertaining! Kitchenette and self-lending Library. Morningside features 10 buildings, with 434 residences. Buildings have a locked-entry with intercom, elevator, garden-level key-lock elevator, 24-hour lighting. Residence 106 as one assigned (#106) parking space in garage and one assigned (#106) storage space (3rd floor). Morningside is conveniently located near I-25/Hampden, I-225, Southmoor Lite Rail, RTD, Shopping: Whole Foods, King Soopers, Target, services and much more! Near Bible and Hutchinson Parks! Morningside is professionally managed plus on-site manager and a full maintenance staff. Sparkling clean Laundry Lounge on 2nd floor with newer washers and dryers, utility sink and counter.

Directions From I-25/Hampden, East to Poplar, North on Poplar to 1st building on left - OR From I-25/Hampden, East to Oleander (McDonalds), right on Girard, Right on Hamilton. Follow around past Clubhouse (becomes Poplar). 3465 S Poplar is on your right. Street parking usually available. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 05/03/2022 10:49:42 AM


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/03/2022 to 02/02/2022 Property Sub Type is 'Condominium' Latitude, Longitude is within 0.50 mi of 8060 E Girard Ave, Denver, CO 80231, USA Beds Total is 1 Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no

Residential Pending Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

9613170 8060 E Girard AVE #915

Denver

1

1

735

735

735

02/01/22

$257

$257

$257

IR963460 8060 E Girard AVE #207

Denver

1

1

735

735

735

04/23/22

$279

Averages:

735

735

735

$257

$268

Count: 2

High $205,000

List Price:

$279 $268

Low $189,000

PSF Fin DIM Orig Price

List Price

76

189,000

$189,000

13 45

205,000

$205,000

$197,000

$197,000

Median $197,000

Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Denver

1

1

815

815

815

03/11/22

$279

$279

$279

5340185 7665 E Eastman AVE #C309

Denver

1

1

728

728

728

03/07/22

$323

$323

4564547 3465 S Poplar ST #106

Denver

1

1

832

832

832

03/23/22

$319

Averages:

792

792

792

$307

Listing ID Address

City

9389894 8060 E Girard AVE #813

Count: 3

Closed Price:

Report Totals

Presented By: Christopher Wanless Generated on: 05/03/2022

Count : 5

Averages:

High $265,000

SqFt Abv 769

SqFt Ttl 769

List Price Close Price

CP/OLP

5

189,900

$189,900 $227,500

120%

$323

3

225,000

$225,000 $235,000

104%

$319

$319

$250,000 $265,000

106%

$307

2 3

250,000

$307

$221,633

$221,633 $242,500

110%

Orig Price $211,780

List Price Close Price $211,780 $242,500

CP/OLP 110 %

Low $227,500 Sqft Fin 769

PSF Abv $ 291

PSF Fin DIM Orig Price

Median $235,000 PSF Ttl

$294

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Fin $291

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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