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
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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.
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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.
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