at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Centennial, CO
This week the median list price for Centennial, CO is $735,000 with the market action index hovering around 90. This is less than last month's market action index of 94. Inventory has increased to 104.
Real-Time Market Profile Median List Price
$735,000
Market Action Index
Median Price of New Listings
$727,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$273
Average Days on Market
20
Median Days on Market
7
Price Decreased
33%
Price Increased
0%
Relisted
3%
Inventory
104
Median Rent
$2,950
Market Action
90
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
90
90
M
ay Tod th
Las t
80
20
30
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.
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$1,155,000
3,933
0.25 - 0.5 acre
5
4
38
10
7
7
$842,000
3,336
0.25 - 0.5 acre
4
3
45
11
9
7
$697,250
2,944
8,000 - 10,000 sqft
4
3
40
12
5
14
$585,500
2,094
6,500 - 8,000 sqft
3
2.5
38
13
12
10
Tue Jun 14 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Centennial, CO
Median List Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $900K
$800K
$700K
$600K
$500K Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 is on a bit of an up trend in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.0M
$1.5M
$1.0M
$500K
$0 Jun 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Tue Jun 14 2022
Jul 2021
Nov 2021
Mar 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Centennial, CO
Price Per 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. $325 $300 $275 $250 $225 $200 $175 $150 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 250
200
150
100
50
0 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
90-Day Average
Tue Jun 14 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Centennial, CO
Market Action Index
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. 120
100
80
60
40
20 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Jun 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Tue Jun 14 2022
Jul 2021
Nov 2021
Mar 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Centennial, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 14 days. Half of the listings have come newly on the market in the past 4 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125
100
75
50
25
0 Jun 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Tue Jun 14 2022
Jul 2021
Nov 2021
Mar 2022
Bottom 90-Day
6 of 6
2676 E Otero Pl #10, Centennial, CO 80122-3445, Arapahoe County APN: 2077-36-3-29-130
CLIP: 4402521079
MLS Beds 1
MLS Full Baths 1
Half Baths N/A
MLS Sale Price $183,000
MLS Sq Ft 897
Lot Sq Ft 436
Yr Built 1984
Type CONDO
MLS Sale Date 12/22/2017
OWNER INFORMATION
Owner Name
Mcginley Thomas L
Mailing ZIP 4
3445
Mailing Address
2676 E Otero Pl #10
Mailing Carrier Route
C036
Mailing City & State
Centennial, CO
Owner Occupied
Yes
Mailing Zip
80122
LOCATION INFORMATION
Property Zip
80122
Topography
Flat/Level
Property Zip4
3445
Neighborhood Code
1685-1685
Property Carrier Route
C036
Township
05S
School District
Littleton 6
Range
68W
Elementary School
Sandburg
Section
36
Middle School
Powell
Quarter
SW
High School
Arapahoe
Block
13
Subdivision
Otero Ridge Condo
Lot
10
Census Tract
56.30
TAX INFORMATION
PIN
2077-36-3-29-130
% Improved
79%
Alternate PIN
034159398
Tax District
1147
Schedule Number
207736329130
Legal Description
UNIT 10 BLDG 13 AS PER CONDO DECLARATION RECORDED ON R ECEPTION #B0167417 OTERO RID GE CONDOMINIUMS
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$45,000
$66,000
$66,000
Market Value - Improved
$165,900
$131,300
$131,300
Market Value - Total
$210,900
$197,300
$197,300
Assessed Value - Land
$3,218
$4,719
$4,719
Assessed Value - Improved
$11,862
$9,388
$9,388
Assessed Value - Total
$15,080
$14,107
$14,107
YOY Assessed Change (%)
6.9%
0%
YOY Assessed Change ($)
$973
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,577
2020
$1,664
$87
5.54%
2021
$1,778
$113
6.82%
CHARACTERISTICS
Lot Acres
0.01
MLS Total Baths
1
Lot Sq Ft
436
Baths - Full
1
Land Use - County
Condominium-Low Rise
Stories
2
Land Use - CoreLogic
Condominium
Fireplace
Y
Building Type
Residential Condo
Fireplaces
1
Style
Condominium
Cooling Type
Central
Year Built
1984
Heat Fuel Type
Gas
Bldg Sq Ft - Above Ground
897
Heat Type
Forced Air
Bldg Sq Ft - Finished
897
Patio Type
Deck
Bldg Sq Ft - 1st Floor
717
Roof Material
Asphalt Shingle
Bldg Sq Ft - 2nd Floor
180
Exterior
Wood Siding
# Buildings
1
Foundation
Concrete
Bedrooms
1
Quality
Average
Baths - Total
1
Equipment
Dishwasher, Disposal
Property Details
Courtesy of Mitch Helfer, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 06/14/22 Page 1/3
FEATURES
Feature Type
Size/Qty
Deck
115
Second Floor
180
First Floor
717
SELL SCORE
Rating
Moderate
Sell Score
504
Value As Of
2022-06-12 05:08:10
LISTING INFORMATION
MLS Listing Id
9710264
MLS Close Price
$183,000
MLS Days On Market
31
MLS Listing Contract Date
10/06/2017
MLS Source
REcolorado
MLS Close Date
12/22/2017
MLS Status
Closed
MLS List Office Name
TRELORA
MLS Status Change Date
12/22/2017
MLS List Agent Full Name
01234t-Trelora Team
MLS Current Price
$179,000
MLS Buyer Agent Full Name
049567-Lisa Hultgren
MLS Original List Price
$185,000
MLS Buyer Office Name
COLDWELL BANKER RESIDENTIA L 24
MLS Listing #
5153082
1208970
761134
MLS Source History
REcolorado
REcolorado
REcolorado
MLS Status
Closed
Expired
Closed
MLS Listing Price
$115,000
$99,888
$75,000
MLS Orig Listing Price
$115,000
$110,000
$85,000
MLS Listing Close Price
$115,000
MLS Listing Date
05/11/2014
MLS Close Date
06/20/2014
$75,000 07/12/2013
04/10/2009 12/10/2009
MLS Listing Expiration Date
12/31/2013
LAST MARKET SALE & SALES HISTORY
Sale Date
12/22/2017
Deed Type
Warranty Deed
Sale Price
$183,000
Owner Name
Mcginley Thomas L
Price per SqFt - Finished
$204.01
Seller
Dickerson Joe H
Document Number
D7144845
Sale Date
12/22/2017
06/20/2014
12/10/2009
Sale Price
$183,000
$115,000
$75,000
Buyer
Mcginley Thomas L
Dickerson Joe H
Korb Matthew
Buyer
Archer-Dickerson Stephanie S
Seller
Dickerson Joe H
Korb Matthew
Spearman Holly M
Document Number
D7144845
D4054030
B9133440
Document Type
Warranty Deed
Warranty Deed
Warranty Deed
Title Company
Homestead Title & Escrow
Prestige Title & Escrow
Other
MORTGAGE HISTORY
Mortgage Date
12/26/2017
06/23/2014
06/16/2003
02/11/2003
Mortgage Amount
$146,400
$92,000
$121,305
$13,000
Mortgage Lender
Usaa Fsb
First Mtg
Chase Manhattan Mtg
Public Svc Cu
Borrower
Mcginley Thomas L
Dickerson Joe H
Spearman Holly M
Spearman Holly M
Borrower
Archer-Dickerson Stephanie S
Mortgage Type
Conventional
Conventional
Conventional
Conventional
Mortgage Purpose
Resale
Resale
Refi
Refi
Mortgage Int Rate
4.25
9.75
Mortgage Int Rate Type
Adjustable Int Rate Loan
Fixed Rate Loan
Mortgage Term
30
30
30
10
Mortgage Term
Years
Years
Years
Years
Oxford Title Agcy
Chicago Title Co
Title Company
Property Details
Courtesy of Mitch Helfer, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 06/14/22 Page 2/3
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Mitch Helfer, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 06/14/22 Page 3/3
Map of Property Locations
2676 E Otero Place Unit #1, Centennial, CO 80122 Listing Id: 1815782 Status: Closed 12/30/21 Price: $240,000 1 Subtype: CON Ttl SqFt: 680 Bd/Bth: 1/1 Show #: 800-746-9464 2456 E Nichols Circle, Centennial, Listing Id: Status: Price: 3 Subtype: Ttl SqFt: Bd/Bth: Show #:
CO 80122 4913910 Pending 05/22/22 $299,000 MLF 840 2/1 800-746-9464
2680 E Otero Place Unit #6, Centennial, CO 80122 Listing Id: 4641041 Status: Closed 05/26/22 Price: $365,000 5 Subtype: CON Ttl SqFt: 1,034 Bd/Bth: 2/2 Show #: 3035737469
2456 E Nichols Circle, Centennial, Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:
CO 80122 IR966102 Pending 05/23/22 $299,000 MLF 840 2/1 800-746-9464
2660 E Otero Place Unit #2, Centennial, CO 80122 Listing Id: 4960987 Status: Closed 05/12/22 Price: $394,000 Subtype: CON 4 Ttl SqFt: 981 Bd/Bth: 2/2 Show #: 303-573-7469 2720 E Otero Place Unit #4, Centennial, CO 80122 Listing Id: 2757832 Status: Pending 06/06/22 Price: $370,000 Subtype: CON 6 Ttl SqFt: 1,050 Bd/Bth: 2/2 Show #: 303-573-7469
Broker 1 Page 2676 E Otero Place Unit #1, Centennial, CO 80122 (Status: Closed, Listing ID: 1815782) Close Price: $240,000 County: Arapahoe List Price: $235,000 Property Type: Residential Original List Price: $235,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: Low Rise (1-3) Year Built: 1984 Subdivision Name: Otero Ridge Listing Contract Date: 12/17/2021 Purchase Contract Date: 12/18/2021 Contingency: None Known Close Date (DIM): 12/30/2021 Days In MLS: 1 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $3,324.00 Tax Annual Amt: $826 Tax Year: 2020 Tax Legal Desc: UNIT 1 BLDG 13 AS PER CONDO DECLARATION RECORDED ON RECEPTION #B0167417 OTERO RIDGE CONDOMINIUMS Interior Area & SqFt 680 Living Area (SqFt Finished): 680 Above Grade Finished Area: 680 $353 PSF Finished: $353 PSF Above Grade: $353 Fireplace: 1/Family Room, Wood Burning
Building Area Total (SqFt Total): PSF Total: Foundation: Slab Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Corian Counters, Eat-in Kitchen, No Stairs, Open Floorplan, Smoke Free, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer Flooring: Vinyl Furnished: Unfurnished Exclusions: seller's personal property and staging items Bed & Bath Summary Bedrooms Total: 1 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 0 Reserved Spaces: 1 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $277.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Fitness Center, Pool Senior Community: No Restriction Covenants: Deed Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Restrictions Site & Location Information Elementary School: Sandburg / Littleton 6 Bldg/Complex Name: Otero Ridge Middle/Junior Sch: Powell / Littleton 6 High School: Arapahoe / Littleton 6 Building & Water Information Entry Level/Loc: 1/Exterior Access Common Walls: End Unit, No One Below Construction Materials: Brick, Frame Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Charming one-bedroom condo with a gorgeous remodeled kitchen close to Southglenn and other shopping. This end unit is on the ground floor and has a reserved parking spot steps away. The large, bright family room showcases a wood-burning fireplace. The ample eat-in space is perfect for dinners at home. There is a large walk-in closet in the bedroom with shelving, a linen closet in the hall, and a l... Confidential Information Private Remarks: Showings begin Friday, Dec 17th. Please park in reserved space #68 or in labeled visitor parking spots. We ask that you follow Arapahoe County Covid guidelines. Booties are provided. Please leave the lights on. Thank you for showing the home! Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%
List Agent: Carol Deering List Office: Realty One Group Premier Email:
carol@deeringhomes.com
Buyer Agent: Carol Deering Buyer Office: Realty One Group Premier Email:
carol@deeringhomes.com
Concessions: No Buyer Financing: Cash
List Agent Phone: 720-560-3583 Mobile: 720-560-3583 Buyer Agent Phone: 720-560-3583 Mobile: 720-560-3583 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/14/2022 12:40:04 PM
Full Property View
2676 E Otero Place Unit #1, Centennial, CO 80122
Unit 1 ground floor
Ground Floor Corner Unit
----
$240,000 - Closed
Ground floor corner unit
Remodeled Kitchen
Nice-sized Bedroom with Walk-in closet
Large, clean bath with extended vanity
Deeded parking spot #68 steps from doorway
Washer and Dryer Included!
2456 E Nichols Circle, Centennial, CO 80122 (Status: Pending, Listing ID: IR966102) County: Arapahoe Property Type: Residential Property Subtype: Multi-Family Levels: Two Structure Type: Townhouse Subdivision Name: Highland View Listing Contract Date: 05/19/2022 Purchase Contract Date: 05/23/2022 Days In MLS: 5 Association: Y Multiple: Cov/Rest: N Tax Annual Amt: $2,011 Tax Legal Desc: LOT 58 HIGHLAND VIEW Interior Area & SqFt 840 Living Area (SqFt Finished): 840 0 Below Grade Finished Area: 0 PSF Finished: $356 Bsmnt Ceiling Ht:
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: None Heating: Forced Air Cooling: Central Air Appliances: Dishwasher, Oven, Refrigerator Exclusions: personal property
HVAC Description:
List Price: Original List Price:
$299,000 $299,000
Basement: Year Built:
No 1984
Contingency: Assoc Fee Tot Annl: Tax Year:
$3,324.00 2021
Above Grade Finished Area: 840 Below Grade Unfinished Area: 0 PSF Above Grade: $356
Central Air Conditioning
Bed & Bath Summary 1 0 Baths Half: 0 Baths One Quarter: Parking Parking Total: 0 Garage Spaces: Offstreet Spaces: Association Information Assoc 1 Fee/Frequency: $277.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves Assoc Amenities: Pool Senior Community: Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Elementary School: Sandburg / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Powell / High School: Arapahoe / Littleton 6 Building & Water Information Construction Materials: Wood Frame Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Remarks Confidential Information Private Remarks: WE DO NOT DISCLOSE EXISTENCE OF OR NUMBER OF OFFERS, COMPETING OFFER TERMS, ETC. Owner was a heavy smoker - be aware that the unit will need all new paint and carpet. The circular marks on the walls are from the insulation being added. **Seller name is Clover Patrese Dillahunty, as Personal Representative for the Estate of Jackson Bounds. Submit highest and best offer w/no escalation clause no lat Buyer Agency Comp: 2.50% Dual Variable: Submitted Prosp: No Transaction Broker Comp: 2.50% Contract Earnest Check To: Canyon Title Possession: Closing/DOD Contract Min Earnest: $3,000 Listing Terms: Title Company: Ownership: Individual Bedrooms Total: Baths Full:
2 1
Bathrooms Total: Baths Three Quarter:
Showing Information Showing Contact Phone:
800-746-9464
No Showings Until: List Agent Phone: 303-647-4290 Mobile: 303-647-4290
List Agent: Mark Euler List Office: HQ Homes Email:
Show Email:
euler.mark@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © IRES LLC 2022.
Generated on: 06/14/2022 12:40:04 PM
2456 E Nichols Circle, Centennial, CO 80122
----
$299,000 - Pending
2456 E Nichols Circle, Centennial, CO 80122 (Status: Pending, Listing ID: 4913910) County: Arapahoe Property Type: Residential Property Subtype: Multi-Family Levels: Two Structure Type: Townhouse Subdivision Name: Highland View Listing Contract Date: 05/19/2022 Purchase Contract Date: 05/22/2022 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: Y Tax Annual Amt: $2,011 Tax Legal Desc: LOT 58 HIGHLAND VIEW Interior Area & SqFt 840 Living Area (SqFt Finished): 840 $356 PSF Finished: $356
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Central Air Appliances: Dishwasher, Oven, Refrigerator Exclusions: personal property
List Price: Original List Price:
$299,000 $299,000
Basement: Year Built:
No 1984
Contingency:
None Known
Assoc Fee Tot Annl: Tax Year:
$3,324.00 2021
Above Grade Finished Area: PSF Above Grade:
840 $356
HVAC Description:
Bed & Bath Summary 1 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 2 Association Information Assoc 1 Fee/Frequency: $277.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Commercial Pets Allowed: Rentals Allowed: Vehicle Restrictions, Other Site & Location Information Elementary School: Sandburg / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Powell / Littleton 6 High School: Arapahoe / Littleton 6 Building & Water Information Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Sewer: Public Sewer Public Remarks Check out this great opportunity! This desirable corner unit townhouse was fully remodeled in 2018, including new Pergo flooring downstairs, new kitchen cabinets and granite countertops, new interior doors and trim and new paint throughout the whole unit. Newer a/c, added insulation, and NEW triple pane windows will help keep the temperature comfortable for you AND save on your energy bills. The f... Confidential Information Private Remarks: BROKERS, READ THE FOLLOWING BEFORE CONTACTING LISTING AGENT: WE DO NOT DISCLOSE EXISTENCE OF OR NUMBER OF OFFERS, COMPETING OFFER TERMS, ETC. Owner was a heavy smoker - be aware that the unit will need all new paint and carpet. The circular marks on the walls are from the insulation being added. THE FOLLOWING ARE OFFER REQUIREMENTS: Seller name is Clover Patrese Dillahunty, as Personal Representa Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% Contract Earnest Check To: Canyon Title Possession: Contract Min Earnest: $3,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Ownership: Estate Bedrooms Total: Baths Full:
2 1
Bathrooms Total: Baths Three Quarter:
Showing Information Showing Contact Phone: Showing Instructions:
800-746-9464 Show Email: euler.mark@gmail.com No Showings Until: 05/21/22 By scheduling a showing, you are agreeing to follow CDC and local governing guidelines regarding virus control to include, but not limited to, practicing six feet safe distance guidelines, provide and wear masks, carry sanitary wipes, carry and use hand sanitizer and/or gloves, remove shoes, sanitize on your way in and your way out, only signers on title to be present at showing. List Agent Phone: 303-647-4290 Mobile: 303-647-4290
List Agent: Mark Euler List Office: HQ Homes Email:
euler.mark@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/14/2022 12:40:04 PM
2456 E Nichols Circle, Centennial, CO 80122
----
$299,000 - Pending
2660 E Otero Place Unit #2, Centennial, CO 80122 (Status: Closed, Listing ID: 4960987) Close Price: $394,000 County: Arapahoe List Price: $354,999 Property Type: Residential Original List Price: $354,999 Property Subtype: Condominium Levels: One Basement: No Structure Type: Low Rise (1-3) Year Built: 1984 Subdivision Name: Otero Ridge Listing Contract Date: 04/21/2022 Purchase Contract Date: 04/23/2022 Contingency: None Known Close Date (DIM): 05/12/2022 Days In MLS: 2 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $4,809.72 Tax Annual Amt: $1,821 Tax Year: 2021 Tax Legal Desc: UNIT 2 BLDG 10 AS PER CONDO DECLARATION RECORDED ON RECEPTION #B0167417 OTERO RIDGE CONDOMINIUMS Interior Area & SqFt 981 Living Area (SqFt Finished): 981 Above Grade Finished Area: 981 $402 PSF Finished: $402 PSF Above Grade: $402 Fireplace: 1/Living Room, Wood Burning
Building Area Total (SqFt Total): PSF Total: Foundation: Slab Heating: Forced Air Cooling: Central Air HVAC Description: Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Self Cleaning Oven Flooring: Laminate Furnished: Unfurnished Exclusions: Owner's personal property. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 1 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $400.81 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Elementary School: Sandburg / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Powell / Littleton 6 High School: Arapahoe / Littleton 6 Building & Water Information Entry Level/Loc: 1 Common Walls: No One Below Direction Faces: East View: Mountain(s) Construction Materials: Brick Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks **SHOWINGS BEGIN THURSDAY, APRIL 21** Must See - Fully Remodeled Unit! Light and bright 1st floor unit with no stairs. Neutral luxury vinyl plank flooring covers the entire home. Primary bedroom features fully remodeled en-suite bathroom with custom tile, and new fixtures. Remodeled hall bathroom includes consistently beautiful custom design selections from tile to slab granite counter tops... eve... Confidential Information Private Remarks: **SHOWINGS BEGIN THURSDAY, APRIL 21** PLEASE REMOVE SHOES OR USE PROVIDED BOOTIES. HOME IS VACANT, SO PLEASE SHOW WITH ALL LIGHTS ON, THEN TURN ALL LIGHT OFF AS YOU LEAVE. PLEASE LOCK BACK SLIDER & FRONT DOOR, REPLACE KEY IN LOCKBOX, AND DON'T FORGET TO SCRAMBLE THE CODE. AGENT IS CTME USER, PLEASE SUBMIT OFFERS THROUGH CTME. ALL OFFERS DUE BY MONDAY 4/25/22 AT 11:00AM. PLEASE MAKE ACCEPTANCE DEAD Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% List Agent: Geoffrey Willcox List Office: LoKation Email: geoff@gwluxuryliving.com Buyer Agent: Cathrine Coots Buyer Office: RE/MAX ALLIANCE Email:
Cathy@cootshomes.com
Concessions: Buyer Credit/Incentives, $535 Buyer Financing: Conventional
List Agent Phone: 303-241-3117 Mobile: 303-241-3117 Buyer Agent Phone: 720-965-6500 Mobile: 720-965-6500 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/14/2022 12:40:04 PM
2660 E Otero Place Unit #2, Centennial, CO 80122
----
$394,000 - Closed
2680 E Otero Place Unit #6, Centennial, CO 80122 (Status: Closed, Listing ID: 4641041) Close Price: $365,000 County: Arapahoe List Price: $327,000 Property Type: Residential Original List Price: $327,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: Low Rise (1-3) Year Built: 1984 Subdivision Name: Otero Ridge Listing Contract Date: 05/10/2022 Purchase Contract Date: 05/15/2022 Contingency: None Known Close Date (DIM): 05/26/2022 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $5,040.00 Tax Annual Amt: $1,858 Tax Year: 2021 Tax Legal Desc: UNIT 6 BLDG 14 AS PER CONDO DECLARATION RECORDED ON RECEPTION #B0167417 OTERO RIDGE CONDOMINIUMS Interior Area & SqFt Building Area Total (SqFt Total): 1,034 Living Area (SqFt Finished): 1,034 Above Grade Finished Area: 1,034 PSF Total: $353 PSF Finished: $353 PSF Above Grade: $353 Foundation: Fireplace: 1/Family Room, Wood Burning Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Butcher Counters, Open Floorplan, Smoke Free Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer Flooring: Carpet, Laminate Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 0 Offstreet Spaces: 1 Carport Spaces: 0 Reserved Spaces: 3 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $420.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Fitness Center, Pool Senior Community: No Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Lot Features: Landscaped, Near Public Transit, Sprinklers In Front Elementary School: Sandburg / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Powell / Littleton 6 High School: Arapahoe / Littleton 6 Building & Water Information Entry Level/Loc: 2/Stairs Common Walls: End Unit Unit Count: 6 Direction Faces: West View: Construction Materials: Brick, Frame, Wood Siding Roof: Composition Exterior Features: Balcony, Garden Water Included: Water Source: Public Sewer: Community Public Remarks This private, end-unit, condo in Otero Ridge has everything you need! Located on the top floor, it offers 2 beds, 2 full baths, front and back patio, and 4 deeded parking spaces. You’ll love how the bright kitchen boasts custom butcher block countertops and opens up to the large living room with a woodburning fireplace. Built-in wooden bookshelves and an accent wall provide texture and warmth to ... Confidential Information Private Remarks: A licensed agent must accompany any & all showings. All listing information is deemed to be correct, but buyer and/or buyer agent to verify everything, including marketing comments, HOA info, measurements, schools, etc. Seller would prefer a quick close and a clean offer with little to no contingencies. Seller is seeking a 60 day post-closing occupancy agreement to find a replacement home. Offers Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% List Agent: Elizabeth Khougaz-Frawley List Office: Keller Williams Realty Downtown LLC Email: ekhougaz@gmail.com Co List Agent: Bring Home Denver Co List Office: Keller Williams Realty Downtown LLC Email:
TheTeam@BringHomeDenver.com
Buyer Agent: The Grossman Team Buyer Office: Madison & Company Properties Email:
amy@thegrossmanteam.com
Concessions: No Buyer Financing: Cash
List Agent Phone: 805-794-0616 Mobile: Phone: 720-443-3536 Mobile: 720-443-3536 Buyer Agent Phone: 303-941-9436 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/14/2022 12:40:04 PM
2680 E Otero Place Unit #6, Centennial, CO 80122
----
$365,000 - Closed
Private end unit on top floor
Large and open living room
Beautiful built in wooden bookshelves
Wood burning fireplace
Bright updated kitchen
Custom butcher block countertops
Dining room space right off of kitchen
Master bedroom with large eastern facing window for great morning light
En suite master bathroom
Large and tall closet for great clothing storage
New vanity
Front bedroom with large window
Guest bathroom
Private patio for grilling and relaxing
2720 E Otero Place Unit #4, Centennial, CO 80122 (Status: Pending B/U, Listing ID: 2757832) County: Arapahoe List Price: $370,000 Property Type: Residential Original List Price: $370,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: Low Rise (1-3) Year Built: 1984 Subdivision Name: Otero Ridge Listing Contract Date: 06/02/2022 Purchase Contract Date: 06/06/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $4,800.00 Tax Annual Amt: $1,846 Tax Year: 2021 Tax Legal Desc: UNIT 4 BLDG 8 AS PER CONDO DECLARATION RECORDED ON RECEPTION #B0167417 OTERO RIDGE CONDOMINIUMS Interior Area & SqFt Building Area Total (SqFt Total): 1,050 Living Area (SqFt Finished): 1,050 Above Grade Finished Area: 1,050 PSF Total: $352 PSF Finished: $352 PSF Above Grade: $352 Foundation: Concrete Perimeter Fireplace: 1/Family Room, Wood Burning Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Granite Counters, Open Floorplan, Primary Suite, Smoke Free Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Tile Exclusions: N/A Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 1 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $400.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Fitness Center, Playground, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.02 Acres / 871 SqFt Waterfront Feat: Elementary School: Sandburg / Littleton 6 Bldg/Complex Name: Otero Ridge Middle/Junior Sch: Powell / Littleton 6 High School: Arapahoe / Littleton 6 Building & Water Information Entry Level/Loc: 1/Ground Common Walls: 2+ Common Walls Direction Faces: South View: Construction Materials: Brick, Frame Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Enjoy the ease and comfort of this ground floor condo in Otero Ridge. This property has been tastefully updated and is move-in ready. The kitchen has newer cabinetry; and brand new granite counter tops, and stainless steel appliances. The flooring is porcelain tile throughout which resembles wood flooring but is easier to maintain and longer lasting. The bathrooms are tastefully updated and th... Confidential Information Private Remarks: Showings start Friday 6/3/22. Buyer to verify HOA information and square footage. No weekend deadlines. In the event of multiple offers, we will have an offer deadline of Monday June 6th, 10am with acceptance by 6pm. Seller reserves the right to accept an offer at any time. No PCOA needed. Feel free to call or text with questions to Todd Groth LIV Sotheby's 720-203-9624 Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Guarantee Company Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
303-573-7469 Show Email: No Showings Until: 06/03/22 Showings start Friday 6/3/22. Remove shoes in inclement weather, leave a card, turn off lights, leave feedback, have a good showing.
List Agent: Todd Groth List Office: LIV Sotheby's International Realty Email:
List Agent Phone: 720-203-9624 Mobile: 720-203-9624
tgroth@livsothebysrealty.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/14/2022 12:40:05 PM
2720 E Otero Place Unit #4, Centennial, CO 80122
----
$370,000 - Pending
This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/14/2022 to 12/16/2021 Latitude, Longitude is within 0.50 mi of 2676 E Otero Pl UNIT 10, Centennial, CO 80122, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'
Residential Pending Properties Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
Centennial
2
1
840
840
840
05/23/22
$356
4913910 2456 E Nichols CIR
Centennial
2
1
840
840
840
05/22/22
$356
$356
2757832 2720 E Otero PL #4
Centennial
2
2
1,050
1,050
1,050
06/06/22
$352
Averages:
910
910
910
$355
Listing ID Address
City
IR966102 2456 E Nichols CIR
Count: 3
High $370,000
List Price:
PSF Ttl
PSF Fin DIM Orig Price
$356
List Price
5
299,000
$299,000
$356
3
299,000
$299,000
$352
$352
$370,000
$354
4 4
370,000
$354
$322,667
$322,667
Low $299,000
Median $299,000
Closed Properties Listing ID Address
City
Bds
Bths
1815782 2676 E Otero PL #1 4641041 2680 E Otero PL #6 4960987 2660 E Otero PL #2
Centennial
1
1
680
Centennial
2
2
1,034
Centennial
2
2
981
Averages:
898
Count: 3
Abv
Closed Price:
Report Totals
Presented By: Mitch Helfer Generated on: 06/14/2022
Count : 6
Averages:
Fin
Close
PSF Abv
PSF Ttl
680
680
12/30/21
$353
$353
$353
1
1,034
1,034
05/26/22
$353
$353
$353
5
981
981
05/12/22
$402
$402
$402
898
898
$369
$369
$369
2 3
Ttl
High $394,000
SqFt Abv 904
SqFt Ttl 904
Low $240,000 Sqft Fin 904
PSF Abv $ 362
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
235,000
$235,000 $240,000
102%
327,000
$327,000 $365,000
112%
354,999
$354,999 $394,000
111%
$305,666
$305,666 $333,000
108%
Orig Price $314,167
List Price Close Price $314,167 $333,000
CP/OLP 108 %
Median $365,000 PSF Ttl
$363
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $363
CMA 1-Line Page 1 of 1
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐
Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
1
2
3
4
5
6
TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
Results That MOVE You
720.208.7200 TheBarticGroup.com A Veteran Owned Business