6064 W Adriatic Place

at Keller Williams Integrity

Comparative Market Analysis

6064 West Adriatic Place, Lakewood, Colorado 80227

Andrew Nichols

OCTOBER 3, 2022

Keller Williams Integrity

Rachel Schoonover

Lakewood, CO

This week the median list price for Lakewood, CO is $674,999 with the market action index hovering around 49 This is less than last month's market action index of 52.

Inventory has decreased to 228

Marke

This answers “How’s

rate of sales

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller ’s Market (where significant demand leaves little inventory available) If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer ’s zone, watch for downward pressure on prices

Each

below

25%

Re al-Time Marke t Profile

Median List Price $674,999

Median Price of New Listings $692,450

Per Square Foot $285 Average Days on Market 48

Median Days on Market 39

Price Decreased 61%

Price Increased 1% Relisted 7% Inventory 228 Median Rent $2,425 Market Action 49

Strong Seller's Market

the market ordered by price.

Me d ian 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.

$500K

Oct

Segme n ts

7-Day Average 90-Day Average

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.

Top 90-Day

90-Day

90-Day

90-Day

Price Pe r Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

$200

7-Day Average 90-Day Average

I n ve n tory

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.

7-Day Average 90-Day Average

Marke t Act ion I n d e x

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller ’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer ’s zone, watch for downward pressure on prices.

60

20

Oct

7-Day Average 90-Day Average

Marke t Act ion Segme n ts

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.

Oct

Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day

Me d ian Days on Marke t (DO M)

The properties have been on the market for an average of 36 days. Half of the listings have come newly on the market in the past 26 or so days. Watch the 90-day DOM trend for signals of a changing market.

Oct

Segme n ts

7-Day Average 90-Day Average

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

Top 90-Day

90-Day

90-Day

90-Day

OWNER INFORMATION

Owner Name Nichols Andrew H

Mailing Zip 80227

Owner Name 2 Nichols Misty D Mailing ZIP 4 2564

Mailing Address 6064 W Adriatic Pl Mailing Carrier Route C009

Mailing City & State Lakewood, CO

LOCATION INFORMATION

Property Zip 80227

Property Zip4 2564

Owner Occupied Yes

Neighborhood Code Thraemoor {25 4 69} 3019

Neighborhood Name (OnBoard) Harvey Park

Property Carrier Route C009 Township 04

School District Jefferson County R 1 Range 69

Elementary School Lasley Section 25 Middle School Alameda Int'l Quarter NW High School Alameda Block 1 Subdivision Lakewood Estates Flg 2 Lot 12 Census Tract 119 51

TAX INFORMATION

PIN

Alternate PIN

Schedule Number

Legal

% Improved 60%

Tax District 7015

ASSESSMENT

Assessment Year 2021 2020 2019

Market Value Land $201,103 $169,500 $169,500

Market Value Improved $296,544 $306,894 $306,894

Market Value Total $497,647 $476,394 $476,394

Assessed Value Land $14,379 $12,119 $12,119

Assessed Value Improved $21,203 $21,943 $21,943

Assessed Value Total $35,582 $34,062 $34,062

YOY Assessed Change (%)

YOY Assessed Change ($)

Tax Year

0%

$0

Change ($)

$688 28.2%

$151 4 82%

(%)

&

Type

Type

Capacity MLS:

Sq

Garage

FEATURES

Feature Type Size/Qty

First Floor 21

First Floor 16

Basement Total 926

Attached Garage 420

First Floor 1,938

SELL SCORE

Rating High Value As Of 2022 10 02 04:33:28 Sell Score 753

LISTING INFORMATION

MLS Listing Id 9845427 MLS Close Price $485,000

MLS Days On Market 5

MLS Listing Contract Date 10/10/2019

MLS Source REcolorado MLS Close Date 11/08/2019

MLS Status Closed MLS List Office Name RE/MAX MASTERS MILLENNIUM

MLS Status Change Date 11/08/2019

MLS Current Price $479,555

MLS Original List Price $479,555

LAST MARKET SALE & SALES HISTORY

Sale Date 11/08/2019

Sale Price $485,000

Price per SqFt Finished $245.57

Document Number 107934

MLS List Agent Full Name 023933 Nathan Belote

MLS Buyer Agent Full Name 55038505 Kellie Craig

MLS Buyer Office Name COLDWELL BANKER RESIDENTIA L 14

Deed Type Warranty Deed

Owner Name Nichols Andrew H

Owner Name 2 Nichols Misty D

Seller Robert Frank Davis L Trust

Sale Date 11/08/2019 12/04/2015 06/03/1997 04/21/1992

Sale Price $485,000 $210,000 $167,500 $19,000

Nominal Y

Buyer Nichols Misty D Davis Robert F Living Trust Davis Robert F

Buyer Lakew Nichols Andrew H

Seller Robert Frank Davis L T rust Davis Robert F Rackey Ruffin I & Mart ha M

Rackley Ruffin I & Rack ley M M

Close Sandra J & Prisn er L K

Rackley Rackley M M Close Prisner L K

Close Sandra J & Prisn er L K El Capitan Developmen t Co

Document Number 107934 136602 F0423059 92047071 91030061

Document Type Warranty Deed Quit Claim Deed Warranty Deed Warranty Deed Warranty Deed

Title Company Land Title Guarantee Other

MORTGAGE HISTORY

Mortgage Date 02/10/2022 01/12/2022 11/12/2019

Mortgage Amount $575,144 $500,556 $460,750

Mortgage Lender Better Mtg Corp Isaoa Better Mtg Corp Isaoa Elevations Cu

Borrower Nichols Misty D Nichols Misty D

Nichols Misty D

Borrower Nichols Andrew H Nichols Andrew H Lakew Nichols Andrew H

Mortgage Type Conventional Conventional Conventional

Mortgage Purpose Refi Refi Resale

Mortgage Term 30 30 30

Mortgage Term Years Years Years

Property

Courtesy of Rachel Schoonover, REcolorado

Online Valuation Analysis

$52,800

Zestimates varied up to 7.7% or $52,800 compared to actual MLS prices.

A

ADDRESS PRICE ZESTIMATE DIFFERENCE

5768 W Asbury Place $499,000 $502,900 0.8% 6041 W Pacific Circle $690,000 $637,200 7.7%

2321 S Gray Drive $725,000 $715,665 1.3%

P

ADDRESS PRICE ZESTIMATE DIFFERENCE

6030 W Colorado Lane $575,000 $566,544 1.5% 2082 S Gray Drive $799,000 $790,628 1 0%

S

ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE

5427 W Iliff Drive 9/26/22 $467,500 $467,800 01%

5897 W Atlantic Place 9/27/22 $487,000 $508,400 4.4%

2317 S Gray Street 9/27/22 $568,000 $568,300 01%

Zillow

Rachel

Williams Integrity

Map of Comparable Listings

2,590

2,248 $499,000

2,239 $690,000

2,881 $725,000

1,764 $575,000

2,774 $799,000

1,564 $467,500

2,097 $487,000

2,536 $568,000

Rachel

Features

Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Washer

Association Amenities: Pool, Spa/Hot Tub, Tennis Court(s)

Association Fee Frequency: Monthly

Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water

Association Name: Sunpointe II

Association Phone: 303-984 4926

Association Yn: true Basement: Finished, Full Below Grade Unfinished Area: 1180

Building Area Source: Public Records

Construction Materials: Frame, Wood Siding Cooling: Central Air

Entry Level: 1

Entry Location: Exterior Access

Exterior Features: Spa/Hot Tub, Tennis Court(s)

Fireplace Features: Gas, Gas Log

Fireplaces Total: 1

Flooring: Carpet, Laminate, Wood

Foundation Details: Slab

Heating: Forced Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Smoke Free, Vaulted Ceiling(s)

5768 W Asbury Place

Levels: One

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

Living Area Total: 2248

Main Level Bathrooms: 2

Main Level Bedrooms: 2

Parking Features: Concrete, Dry Walled Parking Total: 2

Patio And Porch: Covered, Deck, Front Porch

Pool Features: Private Property Condition: Updated/Remodeled Roof: Composition

Security Features: Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer Structure Type: Townhouse

Details

Prop Type: Condominium County: Jefferson

Rachel Schoonover Keller Williams Integrity

Tax Legal Description: SECTION 25 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 731110 SUBDIVISIONNAME SUNPOINTE AT LAKEWOOD EST CONDOS #II PH 12 BLOCK 037 LOT 0103 TRACT

Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Water Source: Public Window Features: Double Pane Windows, Skylight(s), Window Treatments

Subdivision: Sunpointe Full baths: 2.0

3/4 Baths: 1 0

Lot Size (sqft): 1,525

Garages: 2

List date: 9/28/22

Updated: Sep 28, 2022 5:13 AM

List Price: $499,000

Orig list price: $499,000

Assoc Fee: $338

Remarks

Taxes: $2,239

School District: Jefferson County R-1

High: Alameda Int'l Middle: Alameda Int'l

Elementary: Lasley

Fabulous opportunity in the Heart of Lakewood! Main floor living with nicely updated kitchen, new appliances, newer washer/dryer, large family room, eat-in kitchen next to dining space, large pantry, gas fireplace, large double-pane windows, separate office/study, vaulted ceiling, newer flooring throughout. Full basement with separate 3/4 bath, bedroom, large work/craft area (with table included), TV room TV included), storage space, Floor Gun Safe (included).

Interior location with 2 car attached garage. Minutes to Belmar Shopping. Priced to sell - no post-closing occupancy necessary.

Rachel Schoonover

Williams Integrity

Rachel Schoonover

Features

Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer

Association Amenities: Tennis Court(s)

Association Fee Frequency: Annually

Association Name: Lakewood Estate Association Phone: 303 359 5139

Association Yn: true

Basement: Unfinished

Below Grade Unfinished Area: 975 0

Builder Model: Split Level

Builder Name: Wood Brothers

Building Area Source: Public Records

Construction Materials: Brick, Frame

Cooling: Central Air

Direction Faces: South Electric: 110V, 220 Volts

Exterior Features: Balcony, Private Yard

Fencing: Full Fireplace Features: Family Room

Fireplaces Total: 1 Flooring: Carpet, Laminate, Tile

Foundation Details: Concrete Perimeter

Furnished: Unfurnished

Heating: Forced Air

Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Laminate Counters, Open Floorplan, Smoke Free, Vaulted Ceiling(s), Wet Bar

Laundry Features: Common Area

6041 W Pacific Circle

Levels: Three Or More

Listing Terms: Cash, Conventional

Living Area Total: 2239

Lot Features: Corner Lot, Landscaped, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Parking Features: Concrete Parking Total: 2 Patio And Porch: Deck, Patio

Roof: Composition

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description:

SECTION 25 TOWNSHIP 04

RANGE 69 SUBDIVISIONCD 443800

SUBDIVISIONNAME

LAKEWOOD ESTATES FLG NO 1 BLOCK 001 LOT 0001

SIZE: 10309 TRACT VALUE: 237

Tax Year: 2021

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

Water Source: Public

Window Features: Double Pane Windows, Skylight(s), Window Coverings

Zoning: Residential

Rachel Schoonover

Keller Williams Integrity

Details

Prop Type: Single Family Residence

County: Jefferson Subdivision: Lakewood Estates

Style: Traditional

Remarks

Full baths: 2.0

3/4 Baths: 1 0

Lot Size (sqft): 10,324

Garages: 2

List date: 10/3/22

Updated: Oct 2, 2022 7:15 PM

List Price: $690,000

Orig list price: $690,000 Assoc Fee: $150 Taxes: $2,315

School District: Jefferson County R-1 High: Alameda Int'l Middle: Alameda Int'l Elementary: Lasley

Move up to this expanded, customized Wood Brothers' home offering great style and utility for an active life style within the coveted Lakewood Estates community. The original owner has refreshed the home with neutral new carpet and fresh paint. An open floor plan is ideal for entertaining Generous size rooms will accommodate a baby grand piano or an over-size sectional sofa. Large windows and skylights provide an abundance of natural light throughout the home.

The open living areas accommodate easy entertaining whereas the bedrooms are secluded on the 2nd level. The kitchen's eating area overlooks the expansive Fam.Rm. in which the two story fireplace provides a dramatic focus

Within a few steps are a wet bar and bathroom

An open loft on the 2nd level overlooks the family room and is adjacent to the large master suite, complete with 5 pc bath (soaking tub) and generous walk-in closet. A full bathroom serves the two secondary bedrooms on that level. The lower level guest bedroom and den are tucked away and each has private access to a patio and located out of the main flow of traffic.

Your students are within a short drive to Colorado Academy, Mullen High School, D'Evelyn Middle/High School and the neighborhood Jefferson County R-1 schools. Several public and private golf courses, the YMCA and other fitness centers are conveniently located to the area. Highway access via 6th Avenue, C 470 make commuting and mountain activities easily accessible.

Home Warranty is provided for the buyers' peace of mind

Rachel Schoonover

Williams Integrity

Rachel

Features

Appliances: Dishwasher, Disposal, Double Oven, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer

Association Fee Frequency: Monthly

Association Fee Includes: Maintenance Grounds, Snow Removal

Association Name: Charterwood at Lakewood Estates

Association Phone: 303-745-2220

Association Yn: true Basement: Finished, Unfinished

Below Grade Unfinished Area: 2000

Details

Prop Type: Single Family Residence

County: Jefferson

Building Area Source: Public Records

Construction Materials: Other

Cooling: Central Air

Exterior Features: Fire Pit, Garden, Lighting

Fireplace Features: Family Room, Gas, Insert

Flooring: Carpet, Vinyl, Wood

Heating: Forced Air

Interior Features: Built-in Features, High Ceilings, Quartz Counters, Solid Surface Counters, Vaulted Ceiling(s)

Laundry Features: In Unit

Levels: One

2321 S Gray Drive

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 2881

Main Level Bathrooms: 2

Main Level Bedrooms: 2

Parking Total: 2

Patio And Porch: Front Porch, Patio

Roof: Composition

Security Features: Radon Detector

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description:

SECTION 25 TOWNSHIP 04 RANGE 69 QTR S2 SUBDIVISIONCD 121200 SUBDIVISIONNAME CHARTERWOOD AT LAKEWOOD ESTATES BLOCK 002 LOT 0002 SIZE: 5277 TRACT VALUE: .121

Tax Year: 2021

Utilities: Electricity Connected, Internet Access (Wired)

Virtual Tour: View Water Source: Public Window Features: Bay Window(s), Double Pane Windows, Skylight(s)

Subdivision: Charterwood At Lakewood Estates

Full baths: 1 0

3/4 Baths: 2.0

Lot Size (sqft): 5,277

Garages: 2

List date: 9/22/22

Updated: Oct 2, 2022 7:05 AM

List Price: $725,000

Orig list price: $725,000

Rachel Schoonover Keller Williams Integrity

Assoc Fee: $57

Taxes: $3,379

School District: Jefferson County R-1

High: Alameda Int'l

Remarks

Middle: Alameda Int'l

Elementary: Lasley

Have you been dreaming of the turnkey beautifully maintained ranch home? Well, here it is!

The vaulted ceilings, natural lighting (including two skylights in the living room), and newer carpet will be sure to catch your eye. The beautiful kitchen island can allow for informal family meals yet still enough space for a formal dining table. The spacious kitchen has all high-end stainless-steel appliances including a Samsung Smart refrigerator that can play music and tv, a double oven, and range top! This home offers two living areas which is perfect for two televisions no more fighting about whats on the TV!

The large, vaulted ensuite master bedroom has walk-out access to the cozy backyard, perfect for a morning coffee. The second bedroom upstairs is perfect to be used as an office or guest room! The laundry room is conveniently located on the main level!

Enjoy movie nights in the newly painted finished basement that includes two additional finished bedrooms and an unfinished room that would be perfect as a hobby room or storage room. This room has an egress window, a radon system, and even a sink that can easily be turned into another bedroom if desired. This beautiful home includes a low maintenance fenced yard surrounded by newly poured concrete on both sidewalks and stamped concrete perfect for the comfortable wood-burning fire pit lounge area. Additionally, this home also offers a new concrete driveway and front porch (2021).

Youll love the new insulated garage door with the super quiet belt drive opener no more causing a ruckus when opening your garage. To top this all, the solar panels that were installed in July of this year will help you save on those rising electricity bills! This home is conveniently located and offers nearby parks, tennis courts, dining, shopping, and easy commutes to downtown Denver or even better the mountains!

Rachel Schoonover Keller Williams Integrity

9126639739

Rachel Schoonover

Keller Williams Integrity

Features

Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Sump Pump

Association Amenities: Trail(s)

Association Fee Frequency: Monthly

Association Fee Includes: Capital Reserves, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash

Association Name: KC & Associates

Association Phone: 303-933-6279

Association Yn: true Basement: Daylight, Finished, Full, Sump Pump

Below Grade Unfinished Area: 756.0

Builder Name: Remington Homes

Building Area Source: Public Records

Common Walls: End Unit Construction Materials: Frame, Rock Cooling: Central Air

Entry Location: Exterior Access

Fencing: None

Fireplace Features: Gas Log, Great Room

Fireplaces Total: 1

Flooring: Bamboo, Carpet, Tile

Foundation Details: Concrete Perimeter

Heating: Forced Air, Natural Gas

6030 W Colorado Lane

Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, High Ceilings, Kitchen Island, Marble Counters, Open Floorplan, Smoke Free, Walk-In Closet(s)

Laundry Features: In Unit Levels: One

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1764

Lot Features: Cul-De-Sac, Greenbelt, Near Public Transit

Main Level Bathrooms: 2

Main Level Bedrooms: 1

Parking Features: Concrete, Dry Walled, Lighted, Storage Parking Total: 2

Patio And Porch: Deck

Pets Allowed: Cats OK, Dogs OK

Road Frontage Type: Public Road

Road Surface Type: Paved Roof: Composition

Senior Community Yn: false Sewer: Public Sewer

Structure Type: Townhouse

Tax Legal Description: SECTION 24 TOWNSHIP 04 RANGE 69 QTR SW SUBDIVISIONCD 834010 SUBDIVISIONNAME WHITE FENCE FARM FLG 2 BLOCK 002 LOT 0037 SIZE: 2561 TRACT VALUE: .059

Tax Year: 2021

Utilities: Electricity Connected, Natural Gas Connected

Virtual Tour: View

Water Source: Public Waterfront Features: Stream

Window Features: Double Pane Windows, Skylight(s)

Williams Integrity

Rachel Schoonover

Details

Prop Type: Multi-Family

County: Jefferson Subdivision: White Fence Farm

Style: Contemporary Full baths: 1 0

3/4 Baths: 1 0

Remarks

Half baths: 1.0

Lot Size (sqft): 2,561

Garages: 2

List date: 8/10/22

Pending date: 9/11/22

Off-market date: 9/11/22

Updated: Sep 12, 2022 2:45 AM

List Price: $575,000

Orig list price: $575,000 Assoc Fee: $355 Taxes: $2,105

School District: Jefferson County R-1

High: Alameda Int'l Middle: Alameda Int'l Elementary: Lasley

Best kept secret in Lakewood! Rare Ranch-Style Townhouse in coveted White Fence Farm neighborhood. Immaculately maintained by the original owner since 2004. The property features 2 bedrooms + Den/office/formal dining room, and 3-baths in 2,520 total sq. ft. The main floor features a Bright, Open floor plan with Great Room, Huge kitchen, Master Bedroom, Flex-space that can be used as a Formal Dining Room, Den or Home office; guest powder room and dedicated laundry room. The full, Garden-Level basement is partially finished with a Bedroom, full bath, huge family room and loads of storage! The spacious Kitchen boasts Marble Counters, a Center Island, and highend cabinets - many with glass doors to display your treasures! New owners can enjoy sitting on the 11x10 composite deck, overlooking the quiet Greenbelt with walking trails and a charming creek. There is also an Awning to cover the deck on those hot summer days! The Master Bath features a huge glass block Walk-in Shower, heat lamp, Skylight Tube, double vanities and Walk-in Closet. Other special features include custom Plantation Shutters throughout the home, a gas log Fireplace, built-in cabinets, beautiful Bamboo Floors, recessed lighting, central A/C, ceiling fans, and ample storage in garage cabinets. The wheelchair ramp in the garage can be removed. Ready for move-in!

Rachel

Integrity

Rachel Schoonover

Keller Williams

Features

Appliances: Dryer, Microwave, Oven, Range, Refrigerator, Washer

Association Fee Frequency: Annually

Association Name: Lakewood Estates Association Phone: 303-176-9853

Association Yn: true

Basement: Finished

Below Grade Unfinished Area: 9000

Building Area Source: Public Records

Construction Materials: Brick, Frame

Cooling: Evaporative Cooling

Details

Prop Type: Single Family Residence

County: Jefferson Subdivision: Lakewood Estates

Electric: 220 Volts

Exterior Features: Private Yard

Fireplace Features: Gas Log, Great Room

Fireplaces Total: 1

Flooring: Carpet

Foundation Details: Concrete Perimeter Heating: Baseboard, Hot Water

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Kitchen Island, Primary Suite Levels: One

Listing Terms: Cash, Conventional, FHA, VA Loan

2082 S Gray Drive

Living Area Total: 2774

Lot Features: Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 3

Main Level Bedrooms: 3

Parking Features: Concrete Parking Total: 2

Patio And Porch: Covered, Deck, Patio

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: House

Tax Legal Description: SECTION 25 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 443800

SUBDIVISIONNAME LAKEWOOD ESTATES FLG

NO 1 BLOCK 005 LOT 0011 SIZE: 8508 TRACT VALUE: 195

Tax Year: 2021

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Virtual Tour: View

Water Source: Public Window Features: Window Coverings

Zoning: SFR

Style: Contemporary Full baths: 30

Half baths: 1 0

Lot Size (sqft): 8,508

Garages: 2

List date: 8/11/22

Pending date: 9/18/22

Off-market date: 9/18/22

Updated: Sep 18, 2022 4:42 PM

List Price: $799,000

Orig list price: $850,000

Assoc Fee: $150

Rachel Schoonover Keller Williams Integrity

Taxes: $2,794

School District: Jefferson County R-1

Remarks

High: Alameda Int'l

Middle: Alameda Int'l

Elementary: Lasley

Take a look at this beautiful well maintained one level custom built style home located in the desirable Lakewood Estates neighborhood. Walk into a large great room with a gas log fireplace, large formal dining room, updated kitchen with quality stainless appliances, granite countertops and a large beautiful island. The main bedroom has a in-suite full bath, walk-in closet, and a private deck & pergola. Main floor laundry, oversized two car heated garage, covered patio, fenced backyard and sprinkler system front and back.

Rachel Schoonover

Williams Integrity

9126639739

Rachel Schoonover

Keller Williams Integrity

Features

Appliances: Dishwasher, Disposal, Freezer, Microwave, Oven, Refrigerator, Sump Pump

Association Amenities: Pool

Association Fee Frequency: Monthly

Association Fee Includes: Exterior Maintenance w/out Roof, Insurance, Maintenance Grounds, Snow Removal, Trash Association Name: Keystone Denver Association Phone: 3033690800

Details

Prop Type: Townhouse

County: Jefferson Subdivision: Lakewood Estates

Full baths: 2.0

3/4 Baths: 1 0

Association Yn: true

Basement: Cellar, Finished Below Grade Unfinished Area: 12130

Building Area Source: Public Records

Common Walls: End Unit Concessions: No Construction Materials: Frame

Cooling: Air ConditioningRoom, Central Air

Fireplace Features: Family Room, Gas, Gas Log

Fireplaces Total: 1

5427 W Iliff Drive

Heating: Forced Air, Natural Gas

Interior Features: Primary Suite, Vaulted Ceiling(s) Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1564

Lot Features: Landscaped

Main Level Bathrooms: 1

Main Level Bedrooms: 1

Parking Total: 2

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: Townhouse Tax Legal Description: SECTION 25 TOWNSHIP 04 RANGE 69 QTR SE SUBDIVISIONCD 444730 SUBDIVISIONNAME LAKEWOOD ESTATES TOWNHOMES CONDO PH 6 BLOCK 08A LOT 5427 TRACT

Tax Year: 2021

Water Source: Public Window Features: Double Pane Windows, Skylight(s)

Lot Size (sqft): 915

Garages: 2

List date: 8/25/22

Sold date: 9/26/22

Off-market date: 8/28/22

Updated: Sep 26, 2022 12:05 PM

List Price: $460,000

Orig list price: $460,000 Assoc Fee: $505 Taxes: $2,265

School District: Jefferson County R-1

High: Alameda Int'l Middle: Alameda Int'l Elementary: Lasley

Rachel Schoonover

Keller Williams Integrity

Remarks

Welcome to your new home in Lakewood Estates! This is a one-of-a-kind opportunity to live in a townhome with all the benefits of a single family home, without any of the hassles and maintenance. This beautiful home comes complete with brand new carpet on the main and upper levels, a main floor primary bedroom with a primary bath that includes a luxurious jetted tub. The main level has an open kitchen that looks out to the dual living rooms divided by a 2-sided fireplace. And if you need more space, we've got you covered - the home has 2 additional bedrooms and baths and is complete with its own finished basement with a large family room where the possibilities are endless Plus, there's no shortage of extras - a private covered patio, loft with built-in cabinetry, main floor laundry, and tons of storage. All that and an attached 2-car garage that enters into the home. This very special home is close to everything and waiting for its new owner

Rachel Schoonover

Williams Integrity

Rachel Schoonover

Keller Williams Integrity

Features

Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator

Association Fee Frequency: Monthly

Association Fee Includes: Maintenance Grounds, Sewer, Snow Removal

Association Name: Sunpointe

Association Phone: 303-984 4926

Association Yn: true

Basement: Finished

Building Area Source: Public Records

Details

Prop Type: Condominium

County: Jefferson

Subdivision: Sunpointe

Style: Contemporary

Full baths: 1 0

3/4 Baths: 2.0

Concessions: No

Construction Materials: Frame

Cooling: Central Air

Direction Faces: West Electric: 220 Volts

Fireplace Features: Electric Fireplaces Total: 1

Flooring: Carpet

Heating: Forced Air

Interior Features: Laminate Counters, Primary Suite, Vaulted Ceiling(s)

Levels: Two

Listing Terms: Cash, Conventional, FHA, VA Loan

5897 W Atlantic Place

Living Area Total: 2097

Main Level Bathrooms: 2

Main Level Bedrooms: 3

Parking Total: 2

Patio And Porch: Patio

Pool Features: Outdoor Pool Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: Townhouse

Tax Legal Description:

SECTION 25 TOWNSHIP 04

RANGE 69 QTR NE SUBDIVISIONCD 730400 SUBDIVISIONNAME SUNPOINTE AT LAKEWOOD EST CONDOS #II PH 1A BLOCK 001 LOT 0106 TRACT

Tax Year: 2021

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Virtual Tour: View Window Features: Double Pane Windows

Zoning: PUB

Half baths: 1.0

Lot Size (sqft): 1,263

Garages: 2

List date: 9/1/22

Sold date: 9/27/22

Off-market date: 9/7/22

Updated: Sep 27, 2022 8:21

AM

List Price: $509,000

Orig list price: $509,000

Assoc Fee: $337 Taxes: $1,374

School District: Jefferson County R-1

High: Alameda Int'l Middle: Alameda Int'l Elementary: Lasley

Rachel Schoonover Keller Williams Integrity

Remarks

Check out this centrally located townhome in the Sunpointe community! Upon entry you are greeted by 20-foot vaulted ceilings and a wall of windows that fill the home with natural light. There is a newer electric fireplace to cozy up to and you have great options for sleeping quarters with two primary bedrooms with ensuite baths, one on the main level and one upstairs. The home includes a newer furnace and hot water heater, a private patio, a full finished basement, and an attached two car garage. The community pool is a short walk away and with the great central location you are just a 15 minute drive to downtown and 15 minute drive to the mountains.

Rachel Schoonover Keller Williams Integrity

Rachel Schoonover

Keller Williams

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Washer

Association Fee Frequency: Monthly

Association Fee Includes: Trash

Association Name: 303-745-2220

Association Phone: 303-745-2220

Association Yn: true Basement: Finished, Full Below Grade Unfinished Area: 129.0

Building Area Source: Public Records

Details

Prop Type: Single Family Residence

County: Jefferson Subdivision: Charterwood at Lakewood Estates

Style: Traditional

Concessions: No Construction Materials: Brick, Frame

Cooling: Central Air Direction Faces: East Fencing: Full Fireplace Features: Living Room

Fireplaces Total: 1

Flooring: Carpet, Laminate, Tile, Wood Heating: Forced Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Jet Action Tub

Laundry Features: In Unit Levels: Two

S Gray Street

Full baths: 3.0

Half baths: 1.0

Lot Size (sqft): 3,911

Garages: 2

List date: 7/27/22

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

Living Area Total: 2536

Main Level Bathrooms: 1

Parking Total: 2

Road Frontage Type: Public Road

Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Senior Community Yn: false

Sewer: Public Sewer Structure Type: House

Tax Legal Description: SECTION 25 TOWNSHIP 04

RANGE 69 QTR S2 SUBDIVISIONCD 121200 SUBDIVISIONNAME CHARTERWOOD AT LAKEWOOD ESTATES BLOCK 003 LOT 0002 SIZE: 3911 TRACT VALUE: .090

Tax Year: 2021

Utilities: Cable Available, Electricity Available

Virtual Tour: View Window Features: Skylight(s), Window Coverings

Sold date: 9/27/22

Off-market date: 9/3/22

Updated: Sep 27, 2022 7:20 AM

List Price: $608,000

Orig list price: $675,000

Assoc Fee: $59

Taxes: $3,129

School District: Jefferson County R-1

High: Alameda Int'l

Middle: Alameda Int'l

Rachel Schoonover Keller Williams Integrity

Elementary: Lasley

Remarks

2 Story, 4 Bed, 3.5-Bath Single Family Home with Finished Basement for sale in the desirable Charterwood at Lakewood Estates Neighborhood for sale! The laundry area is conveniently located on the main level. Additional upstairs loft. Master suite with walk-in closet and 5-piece bath. Inclusive of all appliances. Private backyard deck. 5-minute walk to Lakewood Estates Park, easy access to Denver, Belmar, and Downtown

Rachel Schoonover

Williams Integrity

Rachel Schoonover

Keller Williams Integrity

Comparable Property Statistics

A 3 Active Listings

LOWEST $499,000

P 2 Pending Listings

AVERAGE $638,000

HIGH $725,000

AVG PRICE / SQFT $261 AVG DOM 7

LOWEST $575,000

S 3 Sold Listings

LOWEST $467,500

AVERAGE $687,000

HIGH $799,000

AVG PRICE / SQFT $307 AVG DOM 35

Rachel

Williams

AVERAGE $507,500

HIGH $568,000

AVG PRICE / SQFT $252 AVG DOM 15

Sold Property Analysis

Averages 96.5%

Homes sold for an average of 96.5% of their list price.

Analysis

ADDRESS

15Days on market

It took an average of 15 days for a home to sell.

ORIG LIST PRICE SOLD PRICE

% OF ORIG LIST PRICE DOM $ PER SQFT

5427 W Iliff Drive $460,000 $467,500 101 63% 3 $299 5897 W Atlantic Place $509,000 $487,000 95 68% 6 $232 2317 S Gray Street $675,000 $568,000 84.15% 38 $224

Averages $548,000 $507,500 92.61% 15 $252

Rachel Schoonover

Williams Integrity

Summary of Comparable Properties

A ACTIVE LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

5768 W Asbury Place 3 300 2,248 $499,000 $222 6041 W Pacific Circle 4 300 2,239 $690,000 $308 2321 S Gray Drive 4 300 2,881 $725,000 $252

Averages 2,456 $638,000 $261

P PENDING LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

6030 W Colorado Lane 2 300 1,764 $575,000 $326 2082 S Gray Drive 3 4.00 2,774 $799,000 $288

Averages 2,269 $687,000 $307

S SOLD LISTINGS

ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT

5427 W Iliff Drive 9/26/22 3 300 1,564 $467,500 $299 5897 W Atlantic Place 9/27/22 3 4.00 2,097 $487,000 $232

2317 S Gray Street 9/27/22 4 4.00 2,536 $568,000 $224

Averages 2,065 $507,500 $252

Rachel Schoonover

Williams Integrity

9126639739

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

+15%

+10%

Market Value

-10% -15%

PERCENTAGE OF BUYERS

at 10% 30% 60% 75% 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.

Keller Williams Integrity

ACTIVITY

1 2 3 4

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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