3523 Mariposa St_Price Analysis!

at Keller Williams Integrity

Comparative

0.5% $8,000

Zestimates varied up to 0.5% or $8,000

to actual MLS prices.

Pecos Street

$1,390,003 0 0%

1712 W 34th Avenue

DIFFERENCE

$1,615,000 $1,623,000 0.5%

Zillow

LOCATION

School

School

School

School

ASSESSMENT

Assessment Year 2022 Preliminary 2021 2020 2019

Value Land $358,000 $358,000 $358,000 $298,400

Market Value Improved $845,700 $845,700 $845,800 $689,800 Market Value Total $1,203,700 $1,203,700 $1,203,800 $988,200

Assessed Value Land $24,880 $25,600 $21,340 $21,340

Assessed Value Improved $58,780 $60,470 $49,320 $49,320

Assessed Value Total $83,660 $86,070 $70,660 $70,660

Assessed Change

Assessed Change

Tax Year

2 8%

$2,410 $15,410

$5,096

$5,243

$6,422

Feature

Opn

SELL SCORE

Rating Low Value As Of 2022 10 09 04:33:38

Score

LISTING INFORMATION

MLS Listing Id 7021284 MLS Current Price $1,474,000

MLS Days On Market 20 MLS Original List Price $1,499,000

MLS Source REcolorado MLS Listing Contract Date 04/28/2022

MLS Status Expired MLS List Office Name MODUS REAL ESTATE

MLS Status Change Date 09/21/2022 MLS List Agent Full Name 55058017 Alicia Peacock

MLS Listing # 5119187

MLS Source History REcolorado

MLS Status Closed

MLS Listing Price $850,000

MLS Orig Listing Price $850,000

MLS Listing Close Price $850,000

MLS Listing Date 06/13/2015

MLS Close Date 11/17/2015

LAST MARKET SALE & SALES HISTORY

Sale Date 11/17/2015

Deed Type Warranty Deed Sale Price $850,000 Owner Name Shivey Eric Price per SqFt Finished $278 96 Seller Mag Builders Inc Document Number 161437

Sale Date 07/18/2022 11/17/2015 07/31/2014 06/22/2009 Sale Price $850,000 $250,000

Nominal Y Y Buyer Shivey Eric Shivey Eric & Jennifer Mag Builders Inc Mottola Madeline C Mottola Madeline C Buyer Shivey Jennifer

Seller Shivey Eric & Jennifer Mag Builders Inc Mottola Madeline C Cerrone Assunta Cerrone Assunta Document Number 98834 161437 93880 84357 27817

Document Type Quit Claim Deed Warranty Deed Warranty Deed Personal Representativ e's Deed Quit Claim Deed Title Company Colorado Title Guarant y Co First Integrity Title

MORTGAGE HISTORY

Mortgage Date 10/06/2022 09/16/2021 03/30/2021 07/02/2020 10/16/2019

Mortgage Amount $250,000 $794,500 $800,000 $827,000 $800,000

Mortgage Lender Canvas Cu Canvas Cu Canvas Cu Canvas Cu Angel Oak Hm Loans L LC

Borrower Shivey Eric Shivey Eric Shivey Eric Shivey Eric Shivey Eric Borrower Shivey Jennifer Shivey Jennifer Shivey Jennifer Shivey Jennifer

Mortgage Type Conventional Conventional Conventional Conventional Conventional

Mortgage Purpose Refi Refi Refi Refi Refi

Mortgage Int Rate Type

Mortgage Term 20 30 15 15 30

Mortgage Term Years Years Years Years Years Title Company Heritage Title Co Heritage Title Co First American Title Ins urance Other

Mortgage Date 11/02/2018 06/27/2017 11/23/2016

Mortgage Amount $269,656 $320,000 $420,490

Mortgage

Mortgage

Mortgage

Mortgage

Mortgage

3534 Pecos Street

$1,390,000

ACTIVE 10/12/22

Year

Details

Prop Type: Single Family Residence

County: Denver Subdivision: Highland

Full baths: 1.0

3/4 Baths: 2 0

Features

Appliances: Dishwasher, Disposal, Down Draft, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer

Association Yn: false Basement: Finished

Below Grade Unfinished Area: 611.0

Building Area Source: Public Records

Half baths: 1.0

Lot Size (sqft): 3,049

Garages: 2

List date: 10/12/22

Updated: Oct 13, 2022 3:21 AM

List Price: $1,390,000

Orig list price: $1,390,000

Taxes: $5,305

School District: Denver 1

High: North

Middle: Bryant-Webster

Elementary: Trevista at Horace Mann

Kyle Gephart

Construction Materials: Stone, Stucco

Cooling: Central Air

Direction Faces: West

Exterior Features: Balcony, Private Yard

Fencing: Full

Flooring: Carpet, Tile, Wood

Heating: Forced Air, Natural Gas

Interior Features: Block Counters, Built-in Features, Ceiling Fan(s), Five Piece Bath, High Ceilings, High Speed Internet, Kitchen Island, Marble Counters, Pantry, Primary Suite, Quartz Counters, Walk-In Closet(s)

Levels: Two Listing Terms: Cash, Conventional

Living Area Total: 2673

Lot Features: Level

Main Level Bathrooms: 1

Other Equipment: Air Purifier

Parking Total: 2

Patio And Porch: Covered, Deck, Front Porch, Patio, Rooftop

Property Condition: Updated/Remodeled

Roof: Composition

Security Features: Carbon Monoxide

Detector(s)

Senior Community Yn: false

Sewer: Public Sewer

Remarks

Structure Type: House

Tax Legal Description: L7 BLK 5 CENTRAL SUB AS AN ADD TO THE TOWN OF HIGHLANDS

Tax Year: 2021

View: City, Mountain(s)

Virtual Tour: View Window Features: Double Pane Windows

Zoning: U-TU-B2

Hip LoHi home completely remodeled in 2014 with panoramic mountain and city views from rooftop deck! Sweet location close to all of LoHis restaurants & shops with easy access to downtown and I-70. The main floor offers an open concept layout with plenty of windows to allow the Colorado sun to stream in. The kitchen and dining area include a buffet/bar area and a pantry. Youll find a stylish blend of Quartz & Granite countertops with a Carrara marble backsplash, and custom pendants. The upper area features 3 bedrooms, two with balconies! The basement office has built-in desks with exposed brick and plenty of space for multiple monitors. The cozy basement media/workout/play room has higher than usual ceilings with a touch of industrial accents, plus a HUGE storage area. An oversized rooftop deck with city and mountain views awaits. Plus three additional decks balconies and a large patio to enjoy the beautiful Colorado weather. Featuring high-end finishes throughout: every interior door has been upgraded to solid core wood architectural doors; 2020 Bosch refrigerator; high efficiency range hood; 2021 entire HVAC system upgraded to Trane high capacity/high efficiency with hypo allergenic whole house filter; 2018 high efficiency Rheem water heater; main floor light switches upgraded to Lutron WIFI enabled; smoke detectors & doorbell Nest WIFI enabled; 2018 painted house exterior & fences with high end paint; 2019 new professional landscaping. This modern home with a touch historic charm is turn key and ready for you to move in and enjoy LoHi and your gorgeous views!

$1,615,000

Details

Prop Type: Multi-Family County: Denver

Subdivision: H. Witter's North Style: Loft

Full baths: 3.0

Features

Appliances: Bar Fridge, Cooktop, Dishwasher, Dryer, Microwave, Oven, Range Hood, Refrigerator, Washer

Association Yn: false

Basement: Finished, Full Building Area Source: Appraiser

Common Walls: No One Above, No One Below, 1 Common Wall Concessions: No

Half baths: 1.0

Lot Size (sqft): 3,269

Garages: 2 List date: 8/24/22

Sold date: 9/16/22

Off-market date: 8/28/22

Updated: Sep 21, 2022 3:58 AM

List Price: $1,600,000

Orig list price: $1,600,000

Taxes: $5,258

School District: Denver 1

High: North

Middle: Strive Sunnyside Elementary: Trevista at Horace Mann

Construction Materials: Cedar, Frame, Stucco

Cooling: Central Air

Direction Faces: North Distance To Bus Numeric: 5 Distance To Bus Units: Minutes

Exterior Features: Gas Valve, Private Yard Fencing: Full

Fireplace Features: Gas, Gas Log, Great Room

Kyle Gephart

Fireplaces Total: 1

Flooring: Carpet, Tile, Wood

Furnished: Unfurnished

Heating: Forced Air, Natural Gas

Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, In-Law Floor Plan, Kitchen Island, Open Floorplan, Primary Suite, Vaulted Ceiling(s), Wet Bar

Laundry Features: In Unit

Levels: Three Or More

Listing Terms: Cash, Conventional, Jumbo, Other

Living Area Total: 2948

Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 1 Parking Total: 4

Patio And Porch: Covered, Deck

Remarks

Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Duplex

Tax Legal Description: H

WITTERS NORTH

DENVER ADD B12 PT L4

DAF COM NW COR N/2

L4 E 72FT TPOB TH E 33FT S 93.4FT W 33FTN 93.4TF TPOB

Tax Year: 2021

Utilities: Electricity Connected, Natural Gas Connected

View: City, Mountain(s)

Virtual Tour: View

Water Source: Public

Zoning: U-TU-B

1 BLOCK FROM CENTER OF FUN! Stylish 2016 half duplex in a prime desirable pocket within LoHi, one of the most vibrant Denver neighborhoods. This home shows off the builder Caliber Construction's one-of-a-kind, ultra-custom design style. This is not your average long narrow shotgun duplex. Experience the incredibly functional floorplan w/ front load attached garage & driveway. The main living area is aglow with Southern natural light. The standout, eat-in kitchen is a refined culinary space that has strong use of form & function with balance of timeless design elements, use of negative space & ample storage. The kitchen is equipped with sleek stainless steel appliances, expansive bar top for large entertaining spreads and seating, 5 burner cooktop, & double deep kitchen sinks. Built-in shelving provides accents next to the focal point of the living room, the gas burning fireplace w/ surrounding floor-to-ceiling repurposed original fencing. Double wide sliding glass doors lead out to your landscaped, unique for LoHi suburban-sized backyard & expansion deck. The property is surrounded by a sanctuary garden on two sides, creating a forest-like setting. The primary bedroom boasts plenty of windows that take advantage of the lofty ceiling and attached 5-piece bath with dual vanity, deep tub, & spa-like shower. The ultra functional top floor has lofted lounge w/ wet bar & separate office space. The wide rooftop deck stretches out for skyline views and has ample privacy space from neighboring duplex rooftop. The fully finished basement offers amazing bonus space & in-law floorplan, complete with built-in kid playhouse or library, bedroom w/ egress & attached full bath, and large window wells that provide outstanding natural light. When not lounging in your refined living space, the Highlands neighborhood provides an enthralling amount of entraining options from dining, nightlife, parks, bike paths, Downtown access, & easy proximity to I25 & I70 for exploring.

Comparable

100.9%

Homes sold for an average of 100.9% of their

price.

Analysis

W 34th Avenue

Kyle

4Days on market

$1,615,000 100.94%

$1,615,000 100.94%

$548

$548

Summary of Comparable Properties

A ACTIVE LISTINGS

ADDRESS

Pecos Street

S SOLD LISTINGS

W 34th Avenue

2,673 $1,390,000 $520

2,673 $1,390,000 $520

2,948 $1,615,000 $548

2,948 $1,615,000 $548

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%

Market Value -10% -15%

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.

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.

Marketing Action Plan

Below are a few of the services we can provide as part of the marketing of your home. Before we can get started, the first important step is to:

Sign and complete the Listing Agreement

First Week

Enter listing into the MLS system.

Put up "For Sale" yard sign.

Install lock box. (optional)

Schedule time to shoot property photos. Review showing procedure.

Prepare property flyer Syndicate listing to real estate websites.

Second Week

Invite brokers and agents to tour home. Begin agent to agent marketing efforts.

Review and update status.

Third Week

Hold Open House.

Ongoing activities

Show property to potential buyers.

Follow-up on Internet leads.

Monitor market conditions.

Monitor comparable properties for sale.

Monitor foreclosures and short sales in market.