at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $730,000 with the market action index hovering around 81. This is less than last month's market action index of 90. Inventory has increased to 797.
Real-Time Market Profile Median List Price
$730,000
Market Action Index
Median Price of New Listings
$675,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$372
Average Days on Market
28
Median Days on Market
14
Price Decreased
43%
Price Increased
3%
Relisted
5%
Inventory
797
Median Rent
$2,800
Market Action
81
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
81
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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
$1,525,000
3,758
4,500 - 6,500 sqft
4
4
64
30
43
21
$845,000
2,277
4,500 - 6,500 sqft
4
3
73
43
41
21
$639,900
2,024
4,500 - 6,500 sqft
3
2
65
36
46
14
$480,500
1,310
6,500 - 8,000 sqft
3
2
67
56
66
14
Thu Jul 14 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. $850K $800K $750K $700K $650K $600K $550K $500K Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Thu Jul 14 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Price Per Square Foot
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers can see more home for their money. $425
$400
$375
$350
$325
$300
$275 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 2K
1K
1K
750
500
250
0 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Thu Jul 14 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Thu Jul 14 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 24 days. Half of the listings have come newly on the market in the past 8 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125
100
75
50
25
0 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Thu Jul 14 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
6 of 6
3521 Osage St, Denver, CO 80211-3061, Denver County APN: 2281-23-017
CLIP: 5597803190
MLS Beds 3
MLS Full Baths 2
Half Baths N/A
MLS Sale Price $539,000
MLS Sq Ft 1,595
Lot Sq Ft 3,120
Yr Built 1896
Type SFR
MLS Sale Date 05/11/2017
OWNER INFORMATION
Owner Name
Nesbitt Amy J
Mailing Zip
80211
Owner Name 2
Nesbitt Aaron
Mailing ZIP 4
3061
Mailing Address
3521 Osage St
Mailing Carrier Route
C049
Mailing City & State
Denver, CO
Owner Occupied
Yes
Property Zip
80211
Topography
Flat/Level
Property Zip4
3061
Neighborhood Code
E Highland-0235
Property Carrier Route
C049
Neighborhood Name (OnBoard)
Highland
School District
Denver County 1
Traffic
Local
Elementary School
Trevista
Township
03S
Middle School
Strive Sunnyside
Range
68W
High School
North
Section
28
Subdivision
Central Sub
Quarter
NE
Zoning
U-TU-B2
Block
5
Census Tract
11.02
Lot
21
PIN
2281-23-017
% Improved
53%
Schedule Number
0228123017000
Tax District
DENV
Legal Description
CENTRAL SUB AS AN ADD TO TH E TOWN OF HIGHLANDS B5 L21
LOCATION INFORMATION
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$367,000
$367,000
$305,800
Market Value - Improved
$409,400
$409,500
$307,500
Market Value - Total
$776,400
$776,500
$613,300
Assessed Value - Land
$26,240
$21,870
$21,870
Assessed Value - Improved
$29,270
$21,990
$21,990
Assessed Value - Total
$55,510
$43,860
$43,860
YOY Assessed Change (%)
26.56%
0%
YOY Assessed Change ($)
$11,650
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$3,163
2020
$3,254
$91
2.88%
2021
$4,142
$888
27.28%
CHARACTERISTICS
Lot Acres
0.0716
Bedrooms
Tax: 4 MLS: 3
Lot Sq Ft
3,120
Baths - Total
2
Land Use - County
Single Family Resident
MLS Total Baths
2
Land Use - CoreLogic
SFR
Baths - Full
2
Year Built
1896
Stories
Tax: 1.5 MLS: 2
Bldg Sq Ft - Above Ground
1,355
Heat Type
Warm Air
Bldg Sq Ft - Basement
240
Patio Type
Wood Deck
Bldg Sq Ft - Total
1,595
Garage Type
Detached Garage
Bldg Sq Ft - Finished
Tax: 1,355 MLS: 1,595
Garage Capacity
MLS: 2
Bldg Sq Ft - 1st Floor
821
Garage Sq Ft
416
Basement Type
Partial
Exterior
Brick
# Buildings
1
Quality
Average
Total Rooms
8
FEATURES
Property Details
Courtesy of Daniel Villalpando, 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: 07/14/22 Page 1/3
Feature Type
Size/Qty
Opn Prch-Msry
137
Prch-Encl Fin
156
Wd Deck
400
Misc Bldg-Msnry
376
Misc Bldg Basement Area
376
Misc Bldg Fin. Area Incl.heat
376
Det Garage-Msry
416
SELL SCORE
Rating
Low
Sell Score
453
Value As Of
2022-07-10 07:06:08
LISTING INFORMATION
MLS Listing Id
6223210
MLS Close Price
$539,000
MLS Days On Market
20
MLS Listing Contract Date
02/03/2017
MLS Source
REcolorado
MLS Close Date
05/11/2017
MLS Status
Closed
MLS List Office Name
HOMESMART REALTY GROUP
MLS Status Change Date
07/05/2017
MLS List Agent Full Name
29357n-Kelly Gregory
MLS Current Price
$550,000
MLS Buyer Agent Full Name
29357n-Kelly Gregory
MLS Original List Price
$570,000
MLS Buyer Office Name
HOMESMART REALTY GROUP
MLS Listing #
3527764
686190
MLS Source History
REcolorado
REcolorado
MLS Status
Closed
Closed
MLS Listing Price
$385,000
$215,000
MLS Orig Listing Price
$385,000
$220,000
MLS Listing Close Price
$360,500
$185,000
MLS Listing Date
09/07/2016
07/30/2008
MLS Close Date
10/14/2016
09/15/2008
LAST MARKET SALE & SALES HISTORY
Sale Date
05/11/2017
Deed Type
Warranty Deed
Sale Price
$545,000
Owner Name
Nesbitt Amy J
Price per SqFt - Finished
$402.21
Owner Name 2
Nesbitt Aaron
Document Number
63484
Seller
K & A Solutions Inc
Sale Date
02/08/2021
01/20/2021
05/19/2020
Sale Price
05/11/2017
10/14/2016
$545,000
$372,500
Nominal
Y
Y
Y
Buyer
Nesbitt Amy J & Aaron
Nesbitt Family Trust
Nesbitt Amy J
Boardman Amy
Reliable Residential Solutions
Buyer
Nesbitt Aaron
Seller
Nesbitt Amy J
Nesbitt Amy J
Nesbitt Amy J
K & A Solutions Inc
Elevated Equity LLC
Document Number
28025
16544
71410
63484
144610
Document Type
Quit Claim Deed
Warranty Deed
Quit Claim Deed
Warranty Deed
Special Warranty Deed
Title Company
Ascendant Title Inc
Land Title Guarantee
Stewart Lender Svcs
Chicago Title Co
Sale Date
10/10/2016
Sale Price
$360,000
Nominal
12/21/2012
10/10/2008
Y
Y
Elevated Equity LLC
Schmitt Clayton
Schmitt Clayton
Seller
Schmitt Clayton
Schmitt Clayton & William C
Schmitt Clayton
Document Number
143206
3605
143846
Document Type
Warranty Deed
Quit Claim Deed
Quit Claim Deed
Title Company
Chicago Title Co
Other
Title America
Buyer Buyer
Schmitt William C & Mary L
MORTGAGE HISTORY
Mortgage Date
02/12/2021
02/12/2021
05/28/2020
01/11/2019
05/12/2017
Mortgage Amount
$492,000
$510,400
$515,300
$95,988
$436,000
Mortgage Lender
Home Loan Expert LLC
Home Loan Expert LLC
Firstbank
U S Bk Natl Assn
Capital One Na
Borrower
Nesbitt Amy J
Nesbitt Amy J
Nesbitt Amy J
Nesbitt Amy
Boardman Amy
Property Details
Courtesy of Daniel Villalpando, 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: 07/14/22 Page 2/3
Borrower
Nesbitt Aaron
Nesbitt Aaron
Mortgage Type
Conventional
Conventional
Conventional
Nesbitt Aaron Conventional
Conventional
Mortgage Purpose
Nominal
Nominal
Nominal
Refi
Resale
Mortgage Int Rate
3.625
Mortgage Int Rate Type
Adjustable Int Rate Loa n
Mortgage Term
30
30
30
10
30
Mortgage Term
Years
Years
Years
Years
Years
Title Company
Solidifi US Inc
Mortgage Date
10/18/2016
10/18/2016
04/23/2014
Mortgage Amount
$100,000
$40,000
$1,050,000
Mortgage Lender
Private Individual
Private Individual
Colorado St Bk&Tr
Borrower
Reliable Residential Solutions
Reliable Residential Solutions
Schmitt Clayton
Mortgage Type
Private Party Lender
Private Party Lender
Mortgage Purpose
Resale
Resale
Borrower
Construction
Mortgage Int Rate Mortgage Int Rate Type
Adjustable Int Rate Loan
Mortgage Term
1
Mortgage Term
Years
Title Company PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Daniel Villalpando, 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: 07/14/22 Page 3/3
7/14/22, 1:27 PM
Matrix
Map of Property Locations
3612 Osage Street, Denver, CO 80211 Listing Id: 8278762 Status: Closed 06/21/22 Price: $1,400,000 1 Subtype: SFR Ttl SqFt: 1,332 Bd/Bth: 2/1 Show #: 303-931-7996
1733 W 37th Avenue, Denver, CO 80211 Listing Id: 1763276 Status: Active 07/07/22 Price: $1,270,000 3 Subtype: MLF Ttl SqFt: 1,660 Bd/Bth: 2/2 Show #: 888-808-0331
3559 Lipan Street, Denver, CO 80211 Listing Id: 5283383 Status: Pending 06/17/22 Price: $750,000 Subtype: SFR 2 Ttl SqFt: 1,531 Bd/Bth: 3/3 Show #: 3035737469
3524 Navajo Street Unit #104, Denver, CO 80211 Listing Id: 8707765 Status: Closed 07/12/22 Price: $950,000 Subtype: MLF 4 Ttl SqFt: 1,716 Bd/Bth: 2/3 Show #: 303-573-7469
3358 Navajo Street, Denver, CO 80211 Listing Id: 6436439 Status: Active 06/27/22 Price: $1,735,000 5 Subtype: SFR Ttl SqFt: 2,209 Bd/Bth: 3/1 Show #: 3039684929
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Matrix
Broker 1 Page 3612 Osage Street, Denver, CO 80211 (Status: Closed, Listing ID: 8278762) Close Price: $1,400,000 County: Denver List Price: $1,400,000 Property Type: Residential Original List Price: $1,400,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1891 Subdivision Name: The Central Sub Listing Contract Date: 04/16/2022 Purchase Contract Date: 04/16/2022 Contingency: None Known Close Date (DIM): 06/21/2022 Days In MLS: 0 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $4,273 Tax Year: 2021 Tax Legal Desc: L11 & 12 & N1/2 OF L13 BLK 3 CENTRAL SUB AS AN ADD TO THE TOWN OF HIGHLANDS Interior Area & SqFt Building Area Total (SqFt Total): 1,332 Living Area (SqFt Finished): 982 Above Grade Finished Area: 982 Below Grade Total Area: 350 Below Grade Finished Area: 0 Below Grade Unfinished Area: 350 PSF Total: $1,051 PSF Finished: $1,426 PSF Above Grade: $1,426 Basement: Exterior Entry, Partial Bsmnt Ceiling Ht: Foundation: Block Fireplace: Heating: Forced Air Cooling: None HVAC Description: Appliances: Dishwasher, Disposal, Gas Water Heater, Range Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 0 Offstreet Spaces: 4 Site & Location Information Lot Size: 0.18 Acres / 7,810 SqFt Waterfront Feat: Lot Features: Level Elementary School: Trevista at Horace Mann / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Sunnyside / Denver 1 High School: North / Denver 1 Building & Water Information Construction Materials: Brick Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Investors Special! Great LOHI location. Double lot Zoned U-TU-B2 perfect for a scrape and build. Selling home as is. Confidential Information Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8%
List Agent: Ted Richardson List Office: Keller Williams Realty Urban Elite Email:
tedrichardson@kw.com
Buyer Agent: Christopher Gibson Buyer Office: Keller Williams Integrity Real Estate LLC Email:
C@ChrisRayGibson.com
Concessions: No Buyer Financing: Cash
List Agent Phone: 303-931-7996 Mobile: 303-931-7996 Buyer Agent Phone: 720-449-6622 Mobile: 720-449-6622 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/14/2022 1:28:13 PM
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Matrix
Full Property View
3612 Osage Street, Denver, CO 80211
----
$1,400,000 - Closed
Photos
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Matrix
3559 Lipan Street Lot 30, Denver, CO 80211 (Status: Pending B/U, Listing ID: 5283383) County: Denver List Price: $750,000 Property Type: Residential Original List Price: $850,000 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1891 Subdivision Name: Highlands Listing Contract Date: 04/18/2022 Purchase Contract Date: 06/17/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 55 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,433 Tax Year: 2021 Tax Legal Desc: L 30 BLK 70 VIADUCT ADD Interior Area & SqFt Building Area Total (SqFt Total): 1,531 Living Area (SqFt Finished): 1,453 Above Grade Finished Area: 1,028 Below Grade Total Area: 503 Below Grade Finished Area: 425 Below Grade Unfinished Area: 78 PSF Total: $490 PSF Finished: $516 PSF Above Grade: $730 Basement: Crawl Space, Finished, Partial Bsmnt Ceiling Ht: 8 Foundation: Block Fireplace: Heating: Forced Air, Natural Gas Cooling: None HVAC Description: Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Kitchen Island, Tile Counters Appliances: Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave Flooring: Carpet, Stone, Tile Exclusions: Decorative stones in the front yard that are not attached to the home. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 2 Offstreet Spaces: 1 Site & Location Information Lot Size: 0.07 Acres / 3,120 SqFt Waterfront Feat: Lot Features: Corner Lot, Level Horse: No Ski Features: Elementary School: Bryant-Webster / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Sunnyside / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Traditional Direction Faces: Northwest View: Construction Materials: Brick, Concrete, Frame, Stucco Roof: Composition, Membrane Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Here is the one you’ve been waiting for. This historic home in the Highlands of Denver has been meticulously updated. Top to bottom, nip and tuck you would never guess how old this home is. Fresh paint and new carpet just installed! This home is move-in ready and can close quick. This gorgeous home sits on a corner lot and you shouldn’t settle for anything less. The parking is great with a two-c... Confidential Information Private Remarks: Please provide Lead-Based Paint Disclosure with the offer. Please submit offers via CTM along with lender letter or POF. No love letters. No offers unless the buyer has viewed the home in person. No Sunday deadlines. The Property is being sold “As-is, Where-Is”. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional Title Company: Land Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
3035737469 Show Email: New carpet please remove shoes.
List Agent: Chris Banovich List Office: QUEUE REAL ESTATE Email:
No Showings Until: List Agent Phone: 303-663-9990 Mobile: 303-618-8575
cb@queuerealestate.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/14/2022 1:28:13 PM
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3559 Lipan Street, Denver, CO 80211
Matrix
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$750,000 - Pending
Photos
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Matrix
1733 W 37th Avenue, Denver, CO 80211 (Status: Active, Listing ID: 1763276) County: Denver List Price: $1,270,000 Property Type: Residential Original List Price: $1,270,000 Property Subtype: Multi-Family Levels: One Basement: Yes Structure Type: Duplex Year Built: 1925 Subdivision Name: Lower Highlands Listing Contract Date: 07/07/2022 Days In MLS: 7 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $4,160 Tax Year: 2021 Tax Legal Desc: LOTS 35 & 36 & S 1/2 OF 39 BLK 36 H WITTERS NORTH DENVER ADD EICHOLTZ RESUB AND VAC ALLEY ADJ SD LOTS Interior Area & SqFt 1,660 Living Area (SqFt Finished): 1,660 Above Grade Finished Area: 1,660 0 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 $765 PSF Finished: $765 PSF Above Grade: $765 Bsmnt Ceiling Ht: 6 ft Fireplace:
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Cellar Foundation: Block Heating: Hot Water Cooling: None HVAC Description: Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer Exclusions: All personal property that is currently located on the property, including vehicles and trailers. 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: 2 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.21 Acres / 9,310 SqFt Waterfront Feat: Elementary School: Trevista at Horace Mann / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Denver Montessori / Denver 1 High School: North / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: 1 Common Wall Direction Faces: South View: City Construction Materials: Brick Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks 1735 West 37th Avenue offers a unique opportunity to redefine and re-envision the property into two single-family homes in the heart of the Lower Highlands. Surrounded by an impressive collection of executive urban residences, the property awaits the right team to bring forward a new vision for the property. The oversize 9,310 square foot lot presents a range of options to take advantage of the ... Confidential Information Private Remarks: This is an exceptional opportunity for redeveloping this 9,310 square foot lot into two Lower Highlands residences. Zoning (U-TU-B) allows for two residences to be designed in this prime location along 37th Avenue. Access to the existing duplex is limited and is being sold strictly “As IS.” The property is an estate sale. All offers will be reviewed by the Estate’s Personal representative and Buyer Agency Comp: 2.5% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: $2.5 Contract Earnest Check To: Fidelity National title Possession: Negotiable Contract Min Earnest: $15,000 Listing Terms: Cash, Conventional Title Company: Fidelity National Title Ownership: Estate Showing Information Showing Service: Showing Contact Phone: Showing Instructions:
BrokerBay 888-808-0331 Show Email: No Showings Until: 07/08/22 The property is being sold as a redevelopment opportunity. This is a show-and-go for the exterior of the property. We are requesting limited access to the existing duplex. Please contact Martin Yeager at 303 668 9373 for determining if you wish to access
List Agent: Martin Yeager List Office: HomeSmart Realty Email: mvyeager@msn.com
List Agent Phone: 303-668-9373 Mobile: 303-668-9373
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/14/2022 1:28:13 PM
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1733 W 37th Avenue, Denver, CO 80211
Matrix
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$1,270,000 - Active
Photos
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7/14/22, 1:28 PM
Matrix
3524 Navajo Street Unit #104, Denver, CO 80211 (Status: Closed, Listing ID: 8707765) Close Price: $950,000 County: Denver List Price: $949,950 Property Type: Residential Original List Price: $950,000 Property Subtype: Multi-Family Levels: Three Or More Basement: No Structure Type: Townhouse Year Built: 2014 Subdivision Name: LoHi Listing Contract Date: 06/02/2022 Purchase Contract Date: 06/12/2022 Contingency: None Known Close Date (DIM): 07/12/2022 Days In MLS: 10 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,340.88 Tax Annual Amt: $3,266 Tax Year: 2021 Tax Legal Desc: VIADUCT ADD BLK 69 PT L8 & 9 DAF COM SW COR L9 TH E E 59.66FT TPOB N 49.97FT E 19.50FT S 49.98FT W 19.50FT TPOB Interior Area & SqFt Building Area Total (SqFt Total): 1,716 Living Area (SqFt Finished): 1,716 Above Grade Finished Area: 1,716 PSF Total: $554 PSF Finished: $554 PSF Above Grade: $554 Foundation: Slab Fireplace: 1/Gas, Gas Log, Great Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Quartz Counters, Smart Thermostat, Smoke Free, Walk-In Closet(s), Wired for Data Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Wood Furnished: Unfurnished Exclusions: TENANTS Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $111.74 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Sewer, Snow Removal, Trash, Water Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Lot Size: 0.02 Acres / 1,032 SqFt Waterfront Feat: Lot Features: Landscaped, Sprinklers In Front Elementary School: Trevista at Horace Mann / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Skinner / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Contemporary, Mid-Century Modern, Urban Contemporary Entry Level/Loc: Exterior Access Common Walls: 2+ Common Walls Unit Count: 6 Direction Faces: North View: City, Mountain(s) Construction Materials: Concrete, Frame, Metal Siding, Stucco Roof: Membrane Exterior Features: Balcony, Fire Pit, Gas Valve, Lighting Water Included: Water Source: Public Sewer: Public Sewer Public Remarks HIP URBAN LIVING IN THE HEART OF LOHI DENVER walk to Linger, Root Down, tons of Brew Pubs and coffee shops! Step inside to find a beautiful, modern home covered in gorgeous driftwood flooring and tall, 10-foot ceilings that bring a sense of openness and serenity. Unique urban lighting and beautiful kitchen pendants paint the rooms with lighting at night, while the modern tile fireplace keeps the ... Confidential Information Private Remarks: Seller Post Occupancy Agreement July 9th 2022. PLEASE INCLUDE AMANDA DOWELL IS A LICENSED REALTOR IN THE STATE OF COLORADO AND RELATED TO AND ONE OF THE SELLER. HOME WARRANTY WILL BE PROVIDED AT THE TIME OF CLOSING. Party wall agreement/HOA covers water, sewer, snow removal and trash is $111.74/month. There is a capital call this year for re-staining and sealing the exterior. This fee is $3750 Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Amanda D. Dowell List Office: Modern Design Realty Group LLC Email: Team@ModernDesignRealty.com Co List Agent: Merry Roush Co List Office: Modern Design Realty Group LLC Email:
Merry@moderndesignrealty.com
List Agent Phone: 303-886-5177 Mobile: 303-886-5177 Phone: 720-771-0682 Mobile: 720-771-0682 Buyer Agent
Buyer Agent: Scott McManaway
Phone: 303-900-8533
Buyer Office: Compass - Denver
Mobile: 303-900-8533
Email:
ScottM@Compass.com
Concessions: Buyer Closing Costs/Seller Points Paid, $6,500 Buyer Financing: Conventional
Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/14/2022 1:28:13 PM
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4/5
7/14/22, 1:29 PM
3524 Navajo Street Unit #104, Denver, CO 80211
Matrix
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$950,000 - Closed
Photos
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6/11
7/14/22, 1:28 PM
Matrix
3358 Navajo Street, Denver, CO 80211 (Status: Active, Listing ID: 6436439) County: Denver Property Type: Residential Property Subtype: Single Family Residence Levels: Two Structure Type: House Subdivision Name: Viaduct Listing Contract Date: 06/27/2022 Days In MLS: 17 Association: N Multiple: Cov/Rest: N Tax Annual Amt: $2,765 Tax Legal Desc: L 2 & THE S 2 1/2FT OF L 1 Interior Area & SqFt 2,209 Living Area (SqFt Finished): 1,584 625 Below Grade Finished Area: 0 $785 PSF Finished: $1,095 Bsmnt Ceiling Ht:
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Unfinished Heating: Forced Air Cooling: Central Air Exclusions: TENANT PERSONAL PROPERTY
List Price: Original List Price:
$1,735,000 $1,735,000
Basement: Year Built:
Yes 1891
Assoc Fee Tot Annl: $0.00 Tax Year: 2021 BLK 89 VIADUCT ADD Above Grade Finished Area: 1,584 Below Grade Unfinished Area: 625 PSF Above Grade: $1,095
HVAC Description:
Bed & Bath Summary 1 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.08 Acres / 3,310 SqFt Waterfront Feat: Lot Features: Level Elementary School: Valdez / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Skinner / Denver 1 High School: North / Denver 1 Building & Water Information Construction Materials: Brick Roof: Membrane Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks ***MUST BE SOLD WITH 3360 NAVAJO ST*** LISTING PRICE IS FOR BOTH PROPERTIES BOTH PROPERTIES - 2 Lots for sale located directly on the corner of N Navajo St. & W 34th Ave in the Denver Highlands. Combined lot size allows for 2+ units to be built on this beautiful corner in the center of one of Denver's hottest neighborhoods. Current Net Operating Income totals $69,019 giving this property a 3.... Confidential Information Private Remarks: ***MUST BE SOLD WITH 3360 NAVAJO ST*** MUST CALL LISTING BROKER FOR SHOWINGS FOR EITHER PROPERTY 303-968-4929 EDUFFY@UNIQUEPROP.COM Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: STEWART TITLE GAURANTEE OF CHERRY CREEK Possession: Contract Min Earnest: Listing Terms: 1031 Exchange, Cash, Conventional, Other Title Company: STEWART Ownership: Corporation/Trust Bedrooms Total: Baths Full:
3 1
Bathrooms Total: Baths Three Quarter:
Showing Information Showing Contact Phone: Showing Instructions:
3039684929 Show Email: eduffy@uniqueprop.com No Showings Until: 06/27/22 PLEASE CALL TO SCHEDULE SHOWING, TENANT OF BOTH PROPERTIES NEED 24 HOURS NOTICE TO SHOW THE PROPERTY CALL 303-968-4929 OR EMAIL EDUFFY@UNIQUEPROP.COM
List Agent: Earl Duffy List Office: Unique Properties LLC Email: eduffy@uniqueprop.com Co List Agent: Gregory Knott Co List Office: Unique Properties LLC Email:
List Agent Phone: 303-512-2732 Mobile: 303-968-4929 Phone: 303-521-3648 Mobile: 303-521-3648
gknott@uniqueprop.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/14/2022 1:28:13 PM
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5/5
7/14/22, 1:29 PM
3358 Navajo Street, Denver, CO 80211
Matrix
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$1,735,000 - Active
Photos
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9/11
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 07/14/2022 to 06/14/2022 Latitude, Longitude is within 0.25 mi of 3521 Osage St, Denver, CO 80211, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'
Residential Active Properties Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
Denver
2
2
1,660
1,660
1,660
07/07/22
$765
$765
$765
Denver
3
1
1,584
2,209
1,584
06/27/22
$1,095
$785
$1,095
Averages:
1,622
1,935
1,622
$930
$775
$930
Listing ID Address
City
1763276 1733 W 37th AVE 6436439 3358 Navajo ST
Count: 2
High $1,735,000
List Price:
Low $1,270,000
PSF Fin DIM Orig Price
List Price
1,270,000
$1,270,000
17 1,735,000 12 $1,502,500
$1,735,000
7
$1,502,500
Median $1,502,500
Pending Properties Listing ID Address
City
5283383 3559 Lipan ST
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
3
3
1,028
1,531
1,453
06/17/22
$730
$490
$516
Averages:
1,028
1,531
1,453
$730
$490
$516
Count: 1
High $750,000
List Price:
Low $750,000
PSF Fin DIM Orig Price
55 55
List Price
850,000
$750,000
$850,000
$750,000
Median $750,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
PSF Fin DIM Orig Price
8707765 3524 Navajo ST #104
Denver
2
3
1,716
1,716
1,716
07/12/22
$554
$554
$554
8278762 3612 Osage ST
Denver
2
1
982
1,332
982
06/21/22
$1,426
$1,051
$1,426
Averages:
1,349
1,524
1,349
$990
$802
$990
Count: 2
Closed Price:
Report Totals
Presented By: Daniel Villalpando Generated on: 07/14/2022
Count : 5
Averages:
High $1,400,000
SqFt Abv 1,394
SqFt Ttl 1,690
Sqft Fin 1,479
Low $950,000 PSF Abv $ 914
950,000
10
0 1,400,000 5 $1,175,000
List Price Close Price
CP/OLP
$949,950 $950,000
100%
$1,400,000 $1,400,000
100%
$1,174,975 $1,175,000
100%
List Price Close Price $1,220,990 $1,175,000
CP/OLP 100 %
Median $1,175,000 PSF Ttl
$729
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $871
Orig Price $1,241,000
CMA 1-Line Page 1 of 1
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐
Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
1
2
3
4
5
6
TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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