2124 E 17th Ave #5_Price Analysis!

at Keller Williams Integrity

Comparative

Kyle Gephart

1.9% $6,700

Zestimates varied up to 1.9% or $6,700

to actual MLS prices.

1450 N High Street 3 8/31/22 $271,000 $273,100 0 8%

1450 N High Street 5 7/11/22 $355,000 $361,700 1.9%

Zillow

Kyle Gephart

OWNER

Owner Name

Name

City & State

LOCATION

Property Zip 80206

Zip4

Mailing

Carrier

Occupied

Tract

C043

02

Flat/Level

Code W City Park 0255 School District Denver County

Property Carrier Route C043

Neighborhood Name (OnBoard) City Park West Elementary School Whittier Traffic Local Middle School Whittier Township 03S High School East Range 68W Subdivision Wymans

Section

Zoning G-RO-3

TAX

PIN

ASSESSMENT & TAX

Assessment Year 2022 Preliminary 2021 2020 2019

Market Value Land $63,600 $63,600 $42,400 $42,400

Market Value Improved $226,600 $226,600 $233,600 $233,600

Market Value Total $290,200 $290,200 $276,000 $276,000

Assessed Value Land $4,420 $4,550 $3,030 $3,030

Assessed Value Improved $15,750 $16,200 $16,700 $16,700 Assessed Value Total $20,170 $20,750 $19,730 $19,730

Assessed Change

Assessed Change

Tax Year

$1,423

$1,464

$1,020

MLS Listing Id 8849853

MLS Current Price $399,900

MLS Days On Market 73 MLS Original List Price $435,000

MLS Source REcolorado

MLS Status Expired

MLS Status Change Date 09/03/2022

MLS Listing Contract Date 06/22/2022

MLS List Office Name PREMIER LUXE PROPERTY GROU P, LLC

MLS List Agent Full Name 55047686 Trisha Wilson

MLS Listing # 4956328 1586780 1222019 1007229 967095

MLS Source History REcolorado REcolorado REcolorado REcolorado REcolorado

MLS Status Closed Expired Closed Expired Expired

MLS Listing Price $299,000 $299,000 $149,999 $119,000 $119,000

MLS Orig Listing Price $299,000 $325,000 $149,999 $119,000 $159,000

MLS Listing Close Price $290,000 $145,000

MLS Listing Date 01/20/2021 09/13/2020 08/16/2013 03/23/2011 04/16/2010

MLS Close Date 05/27/2021 10/08/2013

MLS Listing Expiration D ate 12/19/2020 12/31/2011 12/31/2011

MLS Listing # 950920 940199 936068

MLS Source History REcolorado REcolorado REcolorado

MLS Status Withdrawn Withdrawn Withdrawn

MLS Listing Price $134,780 $134,780 $134,780

MLS Orig Listing Price $159,000 $159,000 $159,000

MLS Listing Close Price $0 $0 $0

MLS Listing Date 04/16/2010 04/16/2010 04/16/2010

MLS Close Date

MLS Listing Expiration Date

LAST MARKET SALE & SALES HISTORY

Sale Date 05/27/2021

Deed Type Warranty Deed Sale Price $290,000 Owner Name Solorzano Aitor G Price per SqFt Finished $363 86 Owner Name 2 Olwig Molly P Document Number 107604 Seller Katanis LLC

Sale Date 05/27/2021 02/28/2020 04/17/2015 04/17/2015 10/08/2013 Sale Price $290,000 $200,000 $145,000

Nominal Y Y

Buyer Solorzano Aitor G Katanis LLC Button Greer Deborah Button Greer Deborah Button Greer Robert B Buyer Olwig Molly P Greer Colton B H Greer Colton B H Greer Colton B H Seller Katanis LLC Button Greer Deborah Button Greer Robert Button Greer Robert Hosier Denise Document Number 107604 32318 23689 23396 148744

Document Type Warranty Deed Special Warranty Deed Rerecorded Deed Quit Claim Deed Warranty Deed Title Company Fitco-First Integrity Titl e Fitco-First Integrity Titl e American Title Svcs

Sale Date 09/07/2011 04/21/1999 Sale Price $94,000 Nominal Y Buyer Hosier Denise Hosier Denise Buyer

Seller Hosier Dareld E & Sandra L Crow Mary A Document Number 102981 73270 Document Type Quit Claim Deed Warranty Deed Title Company First American Title

MORTGAGE HISTORY

Mortgage Date 06/09/2021 10/09/2013 09/15/2011 04/26/1999 Mortgage Amount $275,500 $116,000 $60,200 $64,000 Mortgage Lender Loan Simple Inc Bank Of The West Guaranteed Rate Inc Equitable S&L Assn Borrower Solorzano Aitor G Button Greer Robert B Hosier Denise Hosier Denise Borrower Olwig Molly P Greer Colton B H Mortgage Type Conventional Conventional Conventional Conventional Mortgage Purpose Resale Resale Nominal Resale

Map

Details

Prop Type: Condominium County: Denver Subdivision: Cheesman Park

Full baths: 1.0

Features

Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator

Association Amenities: Garden Area, Laundry Association Fee Frequency: Monthly

Lot Size (sqft): 8,276

List date: 7/14/22

Sold date: 8/31/22

Off-market date: 8/10/22

Updated: Aug 31, 2022 8:40 AM

List Price: $268,999

Orig list price: $275,000

Assoc Fee: $338

Taxes: $966

School District: Denver 1

High: East

Middle: Morey

Elementary: Dora Moore

Association Fee Includes: Cable TV, Electricity, Heat, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water

Association Name: Westward Management Inc

Association Phone: 773-572-9940

Association Yn: true

Building Area Source: Appraiser

Common Walls: 2+

Common Walls

Concessions: Buyer Credit/Incentives

Concessions Amount: 5000

Construction Materials: Brick, Stucco

Cooling: None

Direction Faces: West

Distance To Bus

Numeric: 1

Distance To Bus Units: Blocks Entry Level: 2

Entry Location: Stairs

Exterior Features: Garden

Fencing: Full

Flooring: Carpet, Tile, Wood Furnished: Unfurnished

Heating: Radiant

Interior Features: Granite Counters, High Ceilings, Open Floorplan, Tile Counters

Laundry Features: Common Area

Levels: One

Listing Terms: Cash, Conventional

Living Area Total: 500

Lot Features: Near Public Transit

Main Level Bathrooms: 1

Remarks

Main Level Bedrooms: 1

Number Of Units Total: 9

Patio And Porch: Front Porch, Patio Pets Allowed: Cats OK, Dogs OK Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition

Security Features: Carbon Monoxide Detector(s), Security Entrance, Smoke Detector(s)

Senior Community Yn: false

Sewer: Public Sewer

Structure Type: Low Rise (1-3)

Tax Legal Description: HIGH STREET CONDOS U-3

Tax Year: 2021

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

Virtual Tour: View Water Source: Public Zoning: G-MU-3

NEW PRICE! Great 1 bedroom, 1 bathroom condo in a converted 1896 Denver Square in Cheesman Park. Old world charm meets updated convenience featuring oak hardwood floors & exposed brick in the living room and granite tile countertops and breakfast bar in the kitchen. The full bathroom features a claw foot tub Personal storage unit in the basement as well as complimentary laundry facilities- not coin operated. The backyard courtyard and beautiful front porch are great areas to relax. HOA covers all of your monthly expenses except internet. This great community consists of 9 units in the main home and 3 in the carriage house. Street parking without restrictions. Amazing location within walking distance to some of the cities best attractions including Cheesman Park, Denver Botanic Gardens, Colfax with tons of music venues, bars, restaurants and shops, easy access to Downtown, City Park, Congress Park and more! Schedule your private showing today as you don't want to miss this great opportunity to enjoy city living at it's finest!

Details

Prop Type: Condominium County: Denver Subdivision: Cheesman Park

Full baths: 1.0

Features

Appliances: Dishwasher, Microwave, Oven, Refrigerator

Association Amenities: Garden Area, Laundry Association Fee Frequency: Monthly

Lot Size (sqft): 8,403

List date: 5/20/22

Sold date: 7/11/22

Off-market date: 6/13/22

Updated: Jul 11, 2022 2:16 PM

List Price: $349,900

Orig list price: $354,900

Assoc Fee: $424

Taxes: $1,727

School District: Denver 1

High: East Middle: Morey

Elementary: Dora Moore

Association Fee Includes: Capital Reserves, Electricity, Exterior Maintenance w/ out Roof, Gas, Heat, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Trash, Water

Association Name: High Street Condos Association Association Phone: 800-901-5431

Association Yn: true

Building Area Source: Public Records

Building Name: High Street Condos

Concessions: Buyer Closing Costs/Seller Points Paid

Concessions Amount: 2000

Construction Materials: Brick

Cooling: Air Conditioning-Room

Distance To Bus Numeric: 1

Distance To Bus Units: Blocks Flooring: Tile, Wood

Furnished: Unfurnished

Heating: Hot Water

Kyle Gephart

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Smoke Free, Vaulted Ceiling(s)

Laundry Features: Common Area

Levels: Three Or More

Listing Terms: Cash, Conventional

Living Area Total: 866

Main Level Bathrooms: 1

Remarks

Main Level Bedrooms: 1

Number Of Units Total: 9 Patio And Porch: Covered, Patio Pets Allowed: Cats OK, Dogs OK Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition

Security Features: Security Entrance, Smoke Detector(s)

Senior Community Yn: false

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

Tax Legal Description: HIGH STREET CONDOS

U-5

Tax Year: 2021

Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired)

Window Features: Window Coverings Zoning: G-MU-3

Here is another opportunity to own a piece of historic Denver! Back on the market! OPEN HOUSE SATURDAY--JUNE 11th from 12 2 pm! The building was originally constructed in 1896 with many remaining original features including the gorgeous entry, gleaming hardwood floors, stained glass windows and expansive tile front porch. This cozy community consists of just 9 units in the main original house and 3 units in the carriage house. Almost 900 square feet of living space in the unit including a huge bedroom with exposed brick, full bath with double vanity and jetted tub. The kitchen has been remodeled with stainless appliances and granite counters. A charming, sun-filled room off the main living area can easily be used for an office, nursery, sunroom or home gym. Additional storage unit in the basement as well as complimentary laundry facilities. Easy street parking without restrictions. Minutes from downtown, transportation, the Carla Madison Recreation Center(and it has a dog park!) as well as short walking distance to both Cheesman and City Parks and the Denver Botanic Gardens! Pets are welcome! Less than a mile away is Congress Park with tennis and pickleball courts as well as the new renovated swimming pool opening this summer! Restaurants and night life are steps away! The back courtyard area has common space to enjoy and will soon have a new flagstone patio. The character-filled building also has a beautiful original front porch and front yard area. Monthly HOA fee covers all your monthly living expenses except internet!

Comparable

101.1%

Homes sold for an average of 101.1% of their list price.

Analysis

Days on market

an average of 18 days for a home to sell.

1450 N High Street 3 $275,000 $271,000 98.55% 27 $542

1450 N High Street 5 $354,900 $355,000 100 03% 10 $410

Kyle

Summary of Comparable Properties

S SOLD LISTINGS

1450 N High Street 3 8/31/22 1 1.00 500 $271,000 $542

1450 N High Street 5 7/11/22 1 1.00 866 $355,000 $410

683 $313,000 $476

Kyle Gephart

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.

Kyle