Comparable Market Analysis for 18681 E Water Drive Unit B

Page 1

at Keller Williams Integrity

MarkComparativeetAnalysis 18681 E WATER DR UNIT B Comparable Market Analysis for 18681 E Water Dr Unit B SEPTEMBER 18, 2022 Kendra Madrid

Lot Sq Ft 871 Yr Built 2003 Type CONDO

N RECEPTION #B3213684

Assessed Value Land $3,003 $3,003 $3,432 $3,432 Assessed Value Improved $15,129 $15,129 $13,442 $13,442

18681 E Water Dr #B, Aurora, CO 80013-6486, Arapahoe County

Mailing Zip 80013 Owner Name 2 Fairclough Alyssa N Mailing ZIP 4 6486 Mailing Address 18681 E Water Dr #b

Owner Name Fairclough Daniel J

MLS Full Baths 2 Half Baths N/A

Mailing Carrier Route C035 Mailing City & State Aurora, CO Owner Occupied Yes

LOCATION INFORMATION

Market Value Total $253,600 $253,600 $236,000 $236,000

Bedrooms 2 Exterior Wood

Bldg Sq Ft Finished 1,096 Garage

YOY Assessed Change (%) 0% 7 46% 0% YOY Assessed Change ($) $0 $1,258 $0

OWNER INFORMATION

MLS Beds 2

2020

TAX INFORMATION

APN: 1975-27-3-42-002 CLIP: 7173221227

MLS Sale Price $210,000 MLS Sale Date 04/06/2017

Assessed Value Total $18,132 $18,132 $16,874 $16,874

MLS Sq Ft 1,096

Bldg Sq Ft Above Ground 1,096 Garage

# Buildings 1 Roof Material Asphalt

Baths Total 2 Foundation Concrete Property Details Courtesy of Kendra Madrid, REcolorado Generated on:09/19/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/3

CONDOMINIUMS 10TH

CHARACTERISTICS Lot Acres 0.02 Stories 1 Lot Sq Ft 871 Fireplace Y Land Use County Condominium Low Rise Fireplaces 1 Land Use CoreLogic Condominium Cooling Type Central Building Type Residential Condo Heat Fuel Type Gas Style Ranch Heat Type Forced Air Year Built 2003 Patio

ASSESSMENT & TAX

DECLARATION

EX M/R'S

Attached

PIN 1975 27 3 42 002

2019

Property Zip 80013 Topography Flat/Level Property Zip4 6486 Neighborhood Code 1882 1882 Property Carrier Route C035 Township 04S School District Adams Arapahoe 28j Range 66W Elementary School Side Creek Section 27 Middle School Mrachek Quarter SW High School Rangeview Block 681 Subdivision Rock Ridge Condo 10th Suppl Lot B Census Tract 831.00

% Improved 83% Alternate PIN 034516379 Tax District 0155 Schedule Number 197527342002 Legal Description UNIT B BLDG 18681 AS PER CON DO RECORDED O ROCK R IDGE SUPP LEMENT

Bldg Sq Ft 1st Floor 1,096 Garage

2021 $2,788

Tax Year Total Tax Change ($) Change (%) $2,676 $2,651 $24 0.91% $137 5.15% Type Patio/Terrace Type Garage Capacity MLS: 1 Sq Ft 282 Shingle Siding

Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $42,000 $42,000 $48,000 $48,000 Market Value Improved $211,600 $211,600 $188,000 $188,000

MLS Buyer Agent Full Name 311244 Lois Bradbury

MLS Status Closed MLS List Office Name BHHS INNOVATIVE REAL ESTATE

Deed Type Warranty Deed Sale Price $210,000 Owner Name Fairclough Daniel J Price per SqFt Finished $191 61 Owner Name 2 Fairclough Alyssa N Document Number D7040903 Seller Pettit Katherine

Patio Slab Or Terrace 77

Sale Date 04/06/2017 04/10/2015 04/08/2015 05/27/2004 04/12/2004 Sale Price $210,000 $159,000 $152,952

MLS Listing Id 5015566

Sale Type Multi

MLS Buyer Office Name RE/MAX PROFESSIONALS

LISTING INFORMATION

MLS Listing Date 03/13/2015

MLS Listing # 8133866

First Floor 1,096 Covered Porch 77

SELL SCORE

MLS List Agent Full Name 05747n Dustin Griffith

MLS Close Price $210,000

MLS Listing Contract Date 03/03/2017

Nominal Y Y Buyer Fairclough Daniel J & Alyssa N

MLS Listing Close Price $159,000

Fairclough Daniel J & Alyssa N Pettit Katherine Downing Samantha C

Mortgage Type Conventional Fha Fha Fha

Attached Garage 282 Covered Porch 42

MLS Listing Price $160,000

MLS Original List Price $205,000

LAST MARKET SALE & SALES HISTORY

Seller Pettit Katherine Downing Samantha C Norstar Residential Lllp Rock Ridge Aurora Lllp Rock Ridge Aurora Lllp

MLS Total Baths 2 Quality Good Baths Full 2

Rating Low Value As Of 2022-09-11 05:36:43 Sell Score 471

MLS Orig Listing Price $160,000

Sale Date 04/06/2017

MORTGAGE HISTORY

Samantha

MLS Days On Market 5

MLS Current Price $205,000

Mortgage Term Years Years Years Years Years

MLS Source REcolorado MLS Close Date 04/06/2017

Document Number D7040903 D5035789 D5034753 B4102508 B4092833

Multi/Split

Document Type Warranty Deed Warranty Deed Correction Deed Special Warranty Deed Special Warranty Deed Title Company First American Title Ins urance Colorado Title Guarant y Co Land Title Guarantee Land Title Guarantee Land Title Corp

Property Details Courtesy of Kendra Madrid, REcolorado Generated on:09/19/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/3

MLS Close Date 04/10/2015

Mortgage Int Rate Type Fixed Rate Loan Fixed Rate Loan Mortgage Term 30 30 30 30 30

Mortgage Lender Guild Mtg Co Guild Mtg Co James B Nutter & Co James B Nutter & Co Wr Starkey

Mortgage Purpose Resale Resale Refi Refi 1st Time Sale Mortgage Int Rate 5.5 7

Pettit Katherine Downing Samantha C Downing Samantha C Norstar Residential Lllp Buyer Fairclough Alyssa N

FEATURES

MLS Status Change Date 04/06/2017

Conventional

Feature Type Size/Qty

Mortgage Date 04/11/2017 04/13/2015 09/06/2012 08/02/2005 06/07/2004 Mortgage Amount $199,500 $102,709 $130,868 $146,662 $148,363 Mtg Llp Borrower Downing C Downing Samantha C Borrower Fairclough Alyssa N

MLS Source History REcolorado MLS Status Closed

Title Company Other Nations Title Agency PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of Kendra Madrid, REcolorado Generated on:09/19/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 3/3

8 Sold

18781 E Water Drive C 5/11/22 $340,000 $341,300 0.4% 18631 E Water Drive B 6/23/22 $346,000 $345,800 -0.1%

2501 S Bahama Circle C

Zestimates varied up to 0.7% or $2,400 compared to actual MLS prices.

18781 E Water Drive A 4/29/22 $355,500 $356,400 0.3%

5/13/22 $329,000 $330,000 0.3%

ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE

S

2541 S Bahama Circle C 8/12/22 $337,000 $337,100 0.0%

18761 E Water Drive A 5/10/22 $357,000 $358,400 0.4%

18681 E Water Drive F 6/7/22 $335,000 $335,000 0.0%

18821 E Water Drive B 4/26/22 $353,000 $355,400 0.7%

Source: Zillow

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 4

Online Valuation Analysis How accurate are Zestimates?

0.7% $2,400

S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 18681 E WATER DR UNIT B 2 2.00 -2 1737691 S 2501 S Bahama Circle C 2 2.00 988 $329,000 3 3171010 S 18681 E Water Drive F 2 2.00 988 $335,000 4 8854582 S 2541 S Bahama Circle C 2 2.00 988 $337,000 5 8803913 S 18781 E Water Drive C 2 2.00 988 $340,000 6 1800569 S 18631 E Water Drive B 2 2.00 1,096 $346,000 7 6827115 S 18821 E Water Drive B 2 2.00 1,096 $353,000 8 7270434 S 18781 E Water Drive A 2 2.00 1,096 $355,500 9 9105697 S 18761 E Water Drive A 2 2.00 1,096 $357,000 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 5

Map of Comparable Listings

STATUS:

Living Area Total: 988

Patio And Porch: Covered, Patio

Subdivision: Rock Ridge Condo 13th Suppl

Year Built 2003 Days on market: 3

Association Phone: 3038418658

Updated: May 19, 2022 9:20 AM

Features

$329,000

Prop Type: Condominium County: Arapahoe

Assoc Fee: $264

Sold date: 5/13/22

Elementary: Side Creek

Flooring: Linoleum, Wood

List date: 4/8/22

Structure Type: Low Rise (1-3)

Listing Terms: Cash, Conventional

Common Walls: End Unit Concessions: No

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 6

Association Fee Frequency: Monthly Association Name: Colorado Property SpecialistsManagement

Association Yn: true

Tax Year: 2021

Roof: Composition

Taxes: $2,705

Middle: Mrachek

Full baths: 2.0

High: Rangeview

Appliances: Microwave, Oven, Refrigerator

Orig list price: $329,000

Details

Garages: 1

Heating: Forced Air

Main Level Bathrooms: 2

Tax Legal Description: UNIT C BLDG 2501 AS PER CONDO SUPPLEMENCONDOMINIUMS#B3213684RECORDEDDECLARATIONONRECEPTIONROCKRIDGE13THTEXM/R'S

Fireplace Features: Living Room

Water Source: Public

2 Beds 2.00 Baths

CLOSED 5/13/22

Sewer: Public Sewer

Main Level Bedrooms: 2 Parking Total: 1

2501 S Bahama Circle C Aurora, CO 80013 MLS #1737691

Off-market date: 4/11/22

School District: AdamsArapahoe 28J

Senior Community Yn: false

Construction Materials: Frame, Stone Cooling: Central Air

Fireplaces Total: 1

988 Sq. Ft. ($333 / sqft)

Interior Features: Ceiling Fan(s), Vaulted Ceiling(s) Levels: One

Lot Size (sqft): 777

List Price: $329,000

Remarks

Fantastic 2nd-story condo in Aurora! Condo offers 2 bedrooms, 2 bathrooms, spacious floor plan with soaring ceiling. Living Room features cozy gas fireplace, and Kitchen additional countertops seating that backs to dining area. Primary Bedroom has a private full bath and is conveniently located right next to the Laundry Room. Secondary bedroom is on the opposite side of the condo, for maximum privacy! 1-car oversized garage for your car and storage! Enjoy community Pool and Clubhouse!

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 7

2501 S Bahama Circle C Aurora, CO 80013 MLS #1737691 $329,000 2 Beds 2.00 Baths 988 Sq. Ft. ($333 / sqft) CLOSED 5/13/22 Year Built 2003 Days on market: 3 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 8

Garages: 1

Off-market date: 5/8/22

Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Total: 1

Road Frontage Type: Public Road

Flooring: Laminate

18681 E Water Drive F Aurora, CO 80013 MLS #3171010

Details

List date: 5/6/22

Prop Type: Condominium County: Arapahoe Subdivision: Rock Ridge Condominiums

Association Name: Colorado Property Management Association Phone: 303-841-8658

Fireplace Features: Insert, Living Room

Middle: Mrachek

Road Surface Type: Paved Roof: Composition

Elementary: Side Creek

Fireplaces Total: 1

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 9

Features

Orig list price: $330,000

Sold date: 6/7/22

High: Rangeview

$335,000

List Price: $330,000

Living Area Total: 988

Interior Features: Ceiling Fan(s), Smart Window Coverings, Vaulted Ceiling(s)

Lot Size (sqft): 871

Full baths: 1.0 3/4 Baths: 1.0

Assoc Fee: $264 Taxes: $2,705

Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer Association Amenities: Pool Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water

Listing Terms: Cash, Conventional, VA Loan

Laundry Features: In Unit Levels: Two

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

Concessions: No Construction Materials: Brick, Frame Cooling: Central Air Electric: 110V, 220 Volts

Association Yn: true Building Area Source: Public Records

Heating: Forced Air

CLOSED 6/7/22

Senior Community Yn: false

Remarks

Water Source: Public

Tax Legal Description: UNIT F BLDG 18681 AS PER CONDO SUPPLEMENCONDOMINIUMS#B3213684RECORDEDDECLARATIONONRECEPTIONROCKRIDGE10THTEXM/R'S

Tax Year: 2021

Sewer: Public Sewer

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Structure Type: Low Rise (1-3)

Very well maintained two bedroom two bathroom condo. This spacious unit is the one with vaulted ceilings on the upper floor and large windows make the space feel bright and open. Main living area and kitchen is in the middle of the floorplan flanked by bedrooms on both sides. The unit also includes a small pantry/laundry/utility closet right off of the kitchen.

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 10

Window Features: Double Pane Windows, Window Coverings

18681 E Water Drive F Aurora, CO 80013 MLS #3171010 2 Beds 2.00 Baths 988 Sq. Ft. ($339 / sqft) Year Built 2003 Days on market: 2 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 11

Features

List Price: $325,000

Association Name: LCM

Concessions Amount: 2500

Elementary: Side Creek

Year Built 2003 Days on market: 3

Association Yn: true

2 Beds 2.00 Baths

Main Level Bathrooms: 2

Tax Legal Description: UNIT C BLDG 2541 AS PER CONDO SUPPLEMENCONDOMINIUMS#B3213684RECORDEDDECLARATIONONRECEPTIONROCKRIDGE19THTEXM/R'S

Tax Year: 2021

988 Sq. Ft. ($341 / sqft)

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 12

Orig list price: $325,000

CLOSED

Details

List date: 6/24/22

Middle: Mrachek

Off-market date: 7/8/22

Prop Type: Condominium County: Arapahoe Subdivision: Rock Ridge Condos

Full baths: 1.0

Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash

Association Phone: 303-221-1117

School District: AdamsArapahoe 28J

Concessions: Buyer Closing Costs/Seller Points Paid

Lot Size (sqft): Garages: 1

Main Level Bedrooms: 2 Parking Total: 1 Roof: Composition

8/12/22

High: Rangeview

Association Amenities: Clubhouse, Pool

Sold date: 8/12/22

Updated: Aug 12, 2022 9:19 AM

Taxes: $2,705

Building Area Source: Public Records

Sewer: Public Sewer Structure Type: Low Rise (1-3)

Appliances: Dishwasher, Microwave, Oven

Senior Community Yn: false

Construction Materials: Frame Cooling: Central Air Entry Level: 2

Listing Terms: Cash, Conventional, FHA, VA Loan

Entry Location: Exterior Access

Living Area Total: 988

2541 S Bahama Circle C Aurora, CO 80013 MLS #8854582

$337,000

Heating: Forced Air Levels: One

Assoc Fee: $264

3/4 Baths: 1.0

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 13

Check out this well maintained condo in sought-after Rock Ridge! This spacious unit features 2 bedrooms and 2 bathrooms, with vaulted ceilings on the upper level and tons of natural light from the large windows, making the space feel bright and open. The main living area and kitchen is in the middle of the floorplan, flanked by bedrooms on both sides. The kitchen features updated stainless steel appliances and an adjacent pantry/laundry/utility closet. Enjoy the convenience of a one-car attached garage! Centrally located and close to shopping, restaurants, highways, DTC and DIA. HOA includes a resort-like community pool and easy, low maintenance living! MUST SEE!

Remarks

2541 S Bahama Circle C Aurora, CO 80013 MLS #8854582 $337,000 2 Beds 2.00 Baths 988 Sq. Ft. ($341 / sqft) CLOSED 8/12/22 Year Built 2003 Days on market: 3 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 14

Flooring: Carpet

Senior Community Yn: false

Cooling: Central Air Electric: 110V, 220 Volts

Year Built 2003 Days on market: 4

Common Walls: 1 Common Wall

Number Of Units Total: 6

Orig list price: $320,000

List date: 4/7/22

Pool Features: Outdoor Pool Road Surface Type: Paved Roof: Composition

Sold date: 5/11/22

Updated: May 11, 2022 2:53 PM

Patio And Porch: Covered, Front Porch

Association Name: Colorado Property Management Association Phone: 3038418658

Concessions: No Construction Materials: Frame, Stone

Main Level Bathrooms: 2 Main Level Bedrooms: 2

High: Rangeview

CLOSED 5/11/22

School District: AdamsArapahoe 28J

Association Amenities: Clubhouse, Pool Association Fee Frequency: Monthly

Association Yn: true Building Area Source: Public Records

18781 E Water Drive C Aurora, CO 80013 MLS #8803913

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

$340,000

Pets Allowed: Cats OK, Dogs OK

Heating: Forced Air Levels: One Listing Terms: 1031 Exchange, Cash, Conventional, VA Loan Living Area Total: 988

Parking Total: 1

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 15

Fireplace Features: Gas Fireplaces Total: 1

988 Sq. Ft. ($344 / sqft)

Off-market date: 4/11/22

Prop Type: Condominium County: Arapahoe Subdivision: Rock Ridge

Furnished: Unfurnished

Association Fee Includes: Capital Reserves, Insurance, Irrigation Water, Maintenance Grounds, Sewer, Trash, Water

List Price: $320,000

Assoc Fee: $260 Taxes: $2,705

Features

Elementary: Side Creek

Details

Middle: Mrachek

2 Beds 2.00 Baths

Full baths: 2.0 Lot Size (sqft): Garages: 1

Remarks

Sewer: Public Sewer Structure Type: Low Rise (1-3)

Utilities: Cable Available, Electricity Connected, Natural Gas Connected

Tax Year: 2021

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 16

Water Source: Public

Tax Legal Description: UNIT C BLDG 18781 AS PER CONDO SUPPLEMENCONDOMINIUMS#RECORDEDDECLARATIONONRECEPTIONB3213684ROCKRIDGE24THTEXM/R'S

Great two bedroom two Bathroom Condo nestled in Rock Ridge with detached 1 car garage. This unit is right next to the pool and clubhouse and close to everything. This is a second story unit with garage at the bottom of the stairs for easy convenience. Bright open floor plan, carpeted throughout, Gas fireplace and stainless steel appliances, Washer and Dryer included. This is a great unit and a great price in this market! Set up your showing today, it won't be around long! Showings start Friday 04/08.

18781 E Water Drive C Aurora, CO 80013 MLS #8803913 $340,000 2 Beds 2.00 Baths 988 Sq. Ft. ($344 / sqft) CLOSED 5/11/22 Year Built 2003 Days on market: 4 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 17

Association Name: Colorado Property SpecialistsManagement

Sold date: 6/23/22

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 18

Prop Type: Condominium County: Arapahoe

Garages: 1

School District: AdamsArapahoe 28J

Orig list price: $325,000

2 Beds 2.00 Baths

Year Built 2003 Days on market: 5

CLOSED 6/23/22

List date: 5/26/22

Association Phone: 303-841-8658

Association Amenities: Clubhouse, Pool

3/4 Baths: 1.0

Construction Materials: Rock, Wood Siding

Interior Features: No Stairs, Open Floorplan Levels: One Listing Terms: Cash, Conventional Living Area Total: 1096 Main Level Bathrooms: 2

Appliances: Dryer, Oven, Range, Refrigerator, Washer

Association Yn: true

Cooling: Central Air

Patio And Porch: Front Porch, Patio

Road Frontage Type: Public Road

Senior Community Yn: false

Association Fee Frequency: Monthly

Off-market date: 5/31/22

Building Name: Rock Ridge Condominiums Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 6000

Middle: Mrachek

Road Surface Type: Paved Roof: Composition

AM

$346,000

Features

Main Level Bedrooms: 2 Parking Total: 1

Sewer: Public Sewer

Style: Contemporary Full baths: 1.0

Subdivision: Rock Creek

18631 E Water Drive B Aurora, CO 80013 MLS #1800569

1,096 Sq. Ft. ($316 / sqft)

High: Rangeview

Details

Entry Location: Ground

Road Responsibility: Public Maintained Road

Lot Size (sqft): 871

Heating: Forced Air

Assoc Fee: $282 Taxes: $2,788

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

List Price: $325,000

Updated: Jun 27, 2022 9:43

Building Area Source: Public Records

Elementary: Side Creek

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 19

Welcome to your new town-home in Aurora, Colorado. This 2 bedroom, 2 bathroom, end unit is near many amenities that Arapahoe County has to offer. This floor plan has an open feel in the kitchen and main living area. A beautiful sunroom with great windows fills the space with plenty of Colorado sunshine. A large primary suite with attached bathroom is located at the end of the hall. The primary suite hosts 2 closets and a sliding glass door to a private patio. There is an additional bedroom with closet; this bedroom would also work well as a work from home space. The unit features an oversized one-car garage that is attached to the unit and ready to store and organize all of your skiing, camping, and outdoor gear. This home lives large and will be a complete base camp for your Colorado lifestyle.

Tax Legal Description: UNIT B BLDG 18631 AS PER CONDO SUPPLEMENCONDOMINIUMS#B3213684RECORDEDDECLARATIONONRECEPTIONROCKRIDGE6THTEXM/R'S

Tax Year: 2021

Structure Type: Low Rise (1-3)

Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected Water Source: Public

Remarks

18631 E Water Drive B Aurora, CO 80013 MLS #1800569 $346,000 2 Beds 2.00 Baths 1,096 Sq. Ft. ($316 / sqft) CLOSED 6/23/22 Year Built 2003 Days on market: 5 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 20

18821 E Water Drive B Aurora, CO 80013 MLS #6827115

Parking Total: 1

Year Built 2003 Days on market: 3

Elementary: Side Creek

Security Features: Smoke Detector(s)

AM

List Price: $320,000

CLOSED 4/26/22

Off-market date: 3/21/22

Full baths: 1.0 3/4 Baths: 1.0

Tax Year: 2020

Prop Type: Condominium County: Arapahoe Subdivision: Rock Ridge Condo

Garages: 1

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 21

Updated: Apr 27, 2022 8:05

Senior Community Yn: false Sewer: Public Sewer

1,096 Sq. Ft. ($322 / sqft)

Tax Legal Description: UNIT B BLDG 18821 AS PER CONDO SUPPLEMENCONDOMINIUMS#RECORDEDDECLARATIONONRECEPTIONB3213684ROCKRIDGE27THTEXM/R'S

Details

$353,000

Building Area Source: Public Records

Listing Terms: Cash, Conventional

Main Level Bathrooms: 2

Road Surface Type: Paved Roof: Composition

Main Level Bedrooms: 2

2 Beds 2.00 Baths

Assoc Fee: $282 Taxes: $2,651

Features

List date: 3/18/22

Association Phone: 303-841-8658

Sold date: 4/26/22

Orig list price: $320,000

Middle: Mrachek

Association Yn: true

Concessions: No Construction Materials: Concrete, Wood Siding Cooling: Central Air Flooring: Tile Heating: Forced Air Levels: One

Lot Size (sqft): 812

Living Area Total: 1096

Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Association Amenities: Pool Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash Association Name: Colorado Property Management

Structure Type: Low Rise (1-3)

Road Frontage Type: Public Road

School District: AdamsArapahoe 28J

High: Rangeview

Water Source: Public

Welcome home to this adorable, funky 2-bedroom, 2-bathroom condo with an extra bonus room. This condo boasts 2 outdoor patio's and an attached one car garage. The master bedroom is large enough for a king bed! Centrally located and in a pool community. Plenty of guest parking! This condo is tenant occupied until July 31. Seller will transfer the lease.

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 22

Remarks

Utilities: Cable Available, Electricity Available, Electricity Connected

18821 E Water Drive B Aurora, CO 80013 MLS #6827115 $353,000 2 Beds 2.00 Baths 1,096 Sq. Ft. ($322 / sqft) CLOSED 4/26/22 Year Built 2003 Days on market: 3 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 23

Updated: Apr 29, 2022 11:16 AM

Assoc Fee: $282 Taxes: $2,758

Lot Size (sqft): Garages: 1

List date: 3/31/22

Sold date: 4/29/22

Main Level Bathrooms: 2

School District: AdamsArapahoe 28J

2 Beds 2.00 Baths

CLOSED 4/29/22 Year Built 2003 Days on market: 4

Off-market date: 4/4/22

High: Rangeview Middle: Mrachek

Details

Association Name: Rock Ridge Association Phone: 303-221-1117

Flooring: Laminate, Tile

Interior Features: Breakfast Nook, Ceiling Fan(s), Laminate Counters, No Stairs, Primary Suite Levels: One

1,096 Sq. Ft. ($324 / sqft)

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

Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1096

Full baths: 1.0 3/4 Baths: 1.0

Common Walls: End Unit, No One Below Concessions: No Construction Materials: Brick, Other Cooling: Central Air

Main Level Bedrooms: 2

$355,500

Parking Total: 1

Prop Type: Condominium County: Arapahoe Subdivision: Rock Ridge Condo

Features

Association Yn: true Building Area Source: Public Records

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 24

18781 E Water Drive A Aurora, CO 80013 MLS #7270434

Orig list price: $325,000

List Price: $325,000

Association Amenities: Clubhouse, Pool Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Exterior Maintenance w/out Roof, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water

Senior Community Yn: false Sewer: Community Structure Type: Low Rise (1-3)

Patio And Porch: Patio Roof: Composition

Heating: Forced Air

Elementary: Side Creek

Welcome to this beautiful, end-unit condo featuring all main floor living. The living area features beautiful manufactured wood floors. The adjacent kitchen boasts stainless steal appliances and a plethora of cabinet space. The washer and dryer are located in a closet right off of the kitchen. A dining room with large windows is located off of the main living area. Head out the side door to a nice patio perfect for summer BBQs. Down the hall, you will find a large bedroom with attached 3/4 bath. The large master suite had an attached full bath and has sliding glass doors which lead to another outdoor patio. With an oversized attached one car garage, access to the clubhouse and pool, and located near E470- this home is sure to go quickly! Come see it today!

Utilities: Connected,ElectricityNatural Gas Available

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 25

Tax Legal Description: UNIT A BLDG 18781 AS PER CONDO SUPPLEMENCONDOMINIUMS#RECORDEDDECLARATIONONRECEPTIONB3213684ROCKRIDGE24THTEXM/R'S

Virtual Tour: View

Tax Year: 2021

Remarks

18781 E Water Drive A Aurora, CO 80013 MLS #7270434 $355,500 2 Beds 2.00 Baths 1,096 Sq. Ft. ($324 / sqft) CLOSED 4/29/22 Year Built 2003 Days on market: 4 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 26

AM

Accessibility Features: Accessible Approach with Ramp Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer Association Amenities: Playground, Pool Association Fee Frequency: Monthly

Middle: Mrachek

Assoc Fee: $282 Taxes: $2,803

Prop Type: Condominium County: Arapahoe Subdivision: Rock Ridge

Distance To Bus Numeric: 300

3/4 Baths: 1.0

Garages: 1

Year Built 2003 Days on market: 3

Updated: May 11, 2022 4:08

1,096 Sq. Ft. ($326 / sqft)

Direction Faces: West

Off-market date: 4/29/22

Current Use: Live/Work

Flooring: Carpet, Laminate, Tile

List Price: $325,000

Features

Lot Size (sqft): 800

Distance To Bus Units: Feet

18761 E Water Drive A Aurora, CO 80013 MLS #9105697

Association Yn: true

Sold date: 5/10/22

Building Area Source: Public Records

Entry Location: Ground Fencing: None

Association Phone: 303-221-1177

Concessions: No Construction Materials: Brick, Cement Siding, Frame Cooling: Central Air

CLOSED 5/10/22

Elementary: Side Creek

School District: AdamsArapahoe 28J

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 27

Common Walls: 2+ Common Walls

$357,000

Style: Contemporary Full baths: 1.0

Details

Interior Features: Ceiling Fan(s), High Speed Internet, Laminate Counters, Open Floorplan, Primary Suite, Radon Mitigation System, Tile Counters, Walk-In Closet(s), Wired for Data

2 Beds 2.00 Baths

High: Rangeview

Foundation Details: Slab Heating: Forced Air

List date: 4/26/22

Orig list price: $325,000

Association Fee Includes: Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash, Water Association Name: Rock Ridge

Entry Level: 1

Senior Community Yn: false Sewer: Public Sewer

Lot Features: Landscaped, Master Planned

Main Level Bedrooms: 2

Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Main Level Bathrooms: 2

Levels: One Listing Terms: Cash, Conventional Living Area Total: 1096

Tax Year: 2021

Virtual Tour: View Water Source: Public Window Features: Double Pane Windows

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 28

Zoning: RES

Laundry Features: In Unit, Laundry Closet

Welcome Home to this Cozy, Beautiful Townhome. This floorplan is so well laid out with a large Family Room and open floor plan to the Kitchen!! 2- Separate Patios are featured in this home and oversized 1 car garage with plenty of room for storage or work space. The Owners Retreat is very large with Slider to outdoor access walk-in closet and Owners personal bathroom with soaker tub. The secondary bedroom is conveniently located off the 2nd bath which is very private from the Family Room. You will love that it also has a Office space and a exterior access. The kitchen has lots of storage beautiful coffee stained Maple cabinets with stainless hardware and rollouts as well. All your kitchen appliances (stainless) are included even the refrigerator(black)!! This townhome is one of the only with a Radon system installed. The community features a pool which is located right across the street and parking for guest right on street in front of the townhome. The new Central Recreation center is very close by and lots of walking trails make this the complete package, don't miss out, book you showing today!

Patio And Porch: Patio Pets Allowed: Cats OK, Dogs OK

Remarks

Parking Features: Concrete Parking Total: 2

Structure Type: Townhouse Tax Legal Description: UNIT A BLDG 18761 AS PER CONDO SUPPLEMENCONDOMINIUMS#RECORDEDDECLARATIONONRECEPTIONB3213684ROCKRIDGE23RDTEXM/R'S

Pool Features: Outdoor Pool Road Frontage Type: Private Road, Public Road Road Responsibility: Private Maintained Road, Public Maintained Road Road Surface Type: Alley Paved Roof: Composition

18761 E Water Drive A Aurora, CO 80013 MLS #9105697 $357,000 2 Beds 2.00 Baths 1,096 Sq. Ft. ($326 / sqft) CLOSED 5/10/22 Year Built 2003 Days on market: 3 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 29

Comparable Property Statistics

S 8 Sold Listings

LOWEST $329,000 AVERAGE $344,062 HIGH $357,000 AVG PRICE / SQFT $331 AVG DOM 3 Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 30

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 31

Sold Property Analysis

It took an average of 3 days for a home to sell.

Homes sold for an average of 105.9% of their list price.

ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT

2541 S Bahama Circle C $325,000 $337,000 103.69% 3 $341

2501 S Bahama Circle C $329,000 $329,000 100.00% 3 $333 18681 E Water Drive F $330,000 $335,000 101.52% 2 $339

ADDRESS

Days on market

Averages 105.9%

18781 E Water Drive C $320,000 $340,000 106.25% 4 $344 18631 E Water Drive B $325,000 $346,000 106.46% 5 $316 18821 E Water Drive B $320,000 $353,000 110.31% 3 $322

Averages $324,875 $344,062 105.91% 3 $331

Analysis

3

18781 E Water Drive A $325,000 $355,500 109.38% 4 $324 18761 E Water Drive A $325,000 $357,000 109.85% 3 $326

S SOLD LISTINGS

Summary of Comparable Properties

18781 E Water Drive C 5/11/22 2 2.00 988 $340,000 $344

18681 E Water Drive F 6/7/22 2 2.00 988 $335,000 $339 2541 S Bahama Circle C 8/12/22 2 2.00 988 $337,000 $341

Comparative Market Analysis 18681 E WATER DR UNIT B Kendra Madrid Cell: 7203573397 32

18631 E Water Drive B 6/23/22 2 2.00 1,096 $346,000 $316 18821 E Water Drive B 4/26/22 2 2.00 1,096 $353,000 $322

2501 S Bahama Circle C 5/13/22 2 2.00 988 $329,000 $333

18781 E Water Drive A 4/29/22 2 2.00 1,096 $355,500 $324

18761 E Water Drive A 5/10/22 2 2.00 1,096 $357,000 $326

Averages 1,042 $344,062 $331

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

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.

Integrity

at Keller Williams

PRICINGINTELLIGENT&TIMING

ASKING PRICE PERCENTAGE OF BUYERS

+10%+15% Market Value -15%-10% 90%75%60%30%10%

Pricing a home for sale is as much art as science, but there are a few truisms that never change.

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.

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.

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.

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.

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.

4 5 6

at Keller Williams Integrity

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.

TIME ON MARKET (IN WEEKS) 3

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.

ACTIVITY 1 2

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.

720.208.7200 TheBarticGroup.com A Veteran Owned Business Results That MOVE You

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