Downing Market Analysis

Page 1

at Keller Williams Integrity


The Bartic Group's Market Report Centennial, CO REPORT FOR 5/11/2022 Single-Family Homes

Presented by Bartic Group 720-208-7200 info@thebarticgroup.com


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Centennial, CO

This week the median list price for Centennial, CO is $699,450 with the market action index hovering around 94. This is about the same as last month's market action index of 94. Inventory has increased to 60.

Real-Time Market Profile Median List Price

$699,450

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

$249

Average Days on Market

11

Median Days on Market

0

Price Decreased

23%

Price Increased

0%

Relisted

2%

Inventory

60

Median Rent

$3,000

Market Action

94

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10

0

on

94

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

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

$950,000

3,769

0.25 - 0.5 acre

4

4

38

8

6

7

$749,000

2,944

0.25 - 0.5 acre

4

3

50

7

7

7

$629,900

2,630

6,500 - 8,000 sqft

4

3

31

7

9

7

$560,000

2,104

6,500 - 8,000 sqft

3

3

37

12

6

0

Wed May 11 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 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

May 2022

90-Day Average

Segments

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $2.0M

$1.5M

$1.0M

$500K

$0 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Wed May 11 2022

May 2021

Sep 2021

Jan 2022

May 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 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

May 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 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

May 2022

90-Day Average

Wed May 11 2022

4 of 6


Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Centennial, CO

Market Action Index

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI. 120

100

80

60

40

20 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

May 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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Wed May 11 2022

May 2021

Sep 2021

Jan 2022

May 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 11 days. Half of the listings have come newly on the market in the past 1 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 May 2019

Sep 2019

Jan 2020

May 2020

Sep 2020

7-Day Average

Jan 2021

May 2021

Sep 2021

Jan 2022

May 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 May 2019

Sep 2019

Jan 2020

Top 90-Day

May 2020

Sep 2020

Upper 90-Day

Jan 2021

Lower 90-Day

Wed May 11 2022

May 2021

Sep 2021

Jan 2022

May 2022

Bottom 90-Day

6 of 6


6650 S Downing St, Centennial, CO 80121-2522, Arapahoe County APN: 2077-23-3-23-012

CLIP: 2900618014

Beds 3

Baths 2

Sale Price $79,810

Sale Date 12/30/1988

Bldg Sq Ft 1,188

Lot Sq Ft 8,886

Yr Built 1962

Type SFR

OWNER INFORMATION

Owner Name

Helfer Shawn A

Mailing Zip

80121

Owner Name 2

Helfer Melissa L

Mailing ZIP 4

2522

Mailing Address

6650 S Downing St

Mailing Carrier Route

C020

Mailing City & State

Centennial, CO

Owner Occupied

Yes

Property Zip

80121

Census Tract

56.11

Property Zip4

2522

Neighborhood Code

Broadway Estates Residential-026 3

Property Carrier Route

C020

Township

05S

School District

Littleton 6

Range

68W

Elementary School

Highland

Section

23

Middle School

Euclid

Quarter

SW

High School

Arapahoe

Block

47

Subdivision

Broadway Estates 2nd Flg

Lot

12

PIN

2077-23-3-23-012

% Improved

65%

Alternate PIN

032124032

Tax District

1096

Schedule Number

207723323012

Legal Description

LOT 12 BLK 47 BROADWAY ESTA TES 2ND FLG

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$145,000

$145,000

$145,000

Market Value - Improved

$267,600

$220,900

$220,900

Market Value - Total

$412,600

$365,900

$365,900

Assessed Value - Land

$10,368

$10,368

$10,368

Assessed Value - Improved

$19,133

$15,794

$15,794

Assessed Value - Total

$29,501

$26,162

$26,162

YOY Assessed Change (%)

12.76%

0%

YOY Assessed Change ($)

$3,339

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,758

2020

$2,915

$156

5.67%

2021

$3,275

$360

12.35%

CHARACTERISTICS

Lot Frontage

77

Baths - Total

2

Lot Depth

117

Baths - Full

2

Lot Acres

0.204

Stories

1

Lot Sq Ft

8,886

Heat Fuel Type

Gas

Land Use - County

Single Family Resid

Heat Type

Forced Air

Land Use - CoreLogic

SFR

Patio Type

Patio/Terrace

Building Type

Single Family

Garage Type

Attached Garage

Style

Ranch

Garage Sq Ft

242

Year Built

1962

Roof Material

Asphalt Shingle

Bldg Sq Ft - Above Ground

1,188

Exterior

Brick Veneer

Bldg Sq Ft - Finished

1,188

Foundation

Concrete

Bldg Sq Ft - 1st Floor

1,188

Quality

Average

# Buildings

1

Equipment

Dishwasher, Disposal

Bedrooms

3

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: 05/11/22 Page 1/3


FEATURES

Feature Type

Size/Qty

Patio Slab Or Terrace

690

Attached Garage

242

First Floor

1,188

SELL SCORE

Rating

Low

Sell Score

398

Value As Of

2022-05-08 04:20:25

LAST MARKET SALE & SALES HISTORY

Sale Date

12/30/1988

Deed Type

Public Trustees Deed

Sale Price

$79,810

Owner Name

Helfer Shawn A

Price per SqFt - Finished

$67.18

Owner Name 2

Helfer Melissa L

Document Number

5604-761

Seller

Gillis Roberta F

Sale Date

03/22/1989

Sale Price

12/30/1988 $79,810

$73,000

Buyer

Helfer Shawn A

Sec Of Hud

Navaro Steven G

Ohayre Arthur P

Navaro Steven G

Seller

Kemp Jack

Gillis Roberta F

Ohayre Arthur P

Irish Jay B

Gentle James A

Document Number

5660-162

5604-761

4331-634

4331-633

4331-632

Document Type

Joint Tenancy Deed

Public Trustees Deed

Quit Claim Deed

Warranty Deed

Warranty Deed

Sale Date

04/01/1979

Sale Price

$72,500

Buyer

Irsh Jay B

Seller

Gentle James A

Document Number

2966-739

Document Type

Agreement Of Sale

MORTGAGE HISTORY

Mortgage Date

08/04/2010

03/31/2006

08/04/2003

06/10/2003

01/07/2002

Mortgage Amount

$181,848

$191,250

$65,000

$116,031

$121,650

Mortgage Lender

Wells Fargo Bk Na

Wells Fargo Bk Na

Deepgreen Bk

Wells Fargo Hm Mtg In c

Wells Fargo Hm Mtg In c

Borrower

Helfer Shawn A

Helfer Melissa L

Helfer Melissa L

Helfer Shawn A

Helfer Shawn A

Borrower

Helfer Melissa L

Helfer Shawn A

Helfer Shawn A

Helfer Melissa L

Helfer Melissa L

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Refi

Refi

Fixed Rate Loan

Fixed Rate Loan

Fixed Rate Loan

Mortgage Int Rate Type Mortgage Term

20

30

25

15

15

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Custom Recording Sol utions

First American Heritag e Title

Custom Recording Sol utions

North American Title

Mortgage Date

06/03/1999

03/30/1989

Mortgage Amount

$32,860

$79,407

Mortgage Lender

Providian Nat'l Bk

Westamerica Mtg Co

Borrower

Helfer Shawn A

Helfer Shawn A

Borrower

Helfer Melissa L

Mortgage Type

Conventional

Fha

Mortgage Purpose

Refi

Resale

Mortgage Int Rate Type Mortgage Term Mortgage Term 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: 05/11/22 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: 05/11/22 Page 3/3


Map of Property Locations

6710 S Marion Circle W, Centennial, CO 80122 Listing Id: 2987328 Status: Pending 05/05/22 Price: $545,000 1 Subtype: SFR Ttl SqFt: 2,288 Bd/Bth: 5/2 Show #: 303-573-7469 6675 S Williams Circle W, Centennial, CO 80121 Listing Id: 7678121 Status: Closed 03/25/22 Price: $683,000 3 Subtype: SFR Ttl SqFt: 2,774 Bd/Bth: 4/3 Show #: 800-746-9464

6640 S Downing Street, Centennial, CO 80121 Listing Id: 2100630 Status: Closed 04/06/22 Price: $615,000 Subtype: SFR 2 Ttl SqFt: 2,376 Bd/Bth: 4/2 Show #: 303-573-7469


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/11/2022 to 03/12/2022 Latitude, Longitude is within 0.25 mi of

6650 S Downing St, Centennial, CO 80121, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Pending Properties Listing ID Address

City

2987328 6710 S Marion CIR W

Centennial

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

5

2

1,144

2,288

1,830

05/05/22

$476

$238

$298

Averages:

1,144

2,288

1,830

$476

$238

$298

Count: 1

High $545,000

List Price:

Low $545,000

PSF Fin DIM Orig Price

7 7

List Price

545,000

$545,000

$545,000

$545,000

Median $545,000

Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Centennial

4

2

1,188

2,376

2,128

04/06/22

$518

$259

$289

Centennial

4

3

1,862

2,774

2,546

03/25/22

$367

$246

$268

Averages:

1,525

2,575

2,337

$442

$253

$279

Listing ID Address

City

2100630 6640 S Downing ST 7678121 6675 S Williams CIR W

Count: 2

Closed Price:

Report Totals

Presented By: Mitch Helfer Generated on: 05/11/2022

Count : 3

Averages:

High $683,000

SqFt Abv 1,398

SqFt Ttl 2,479

Low $615,000 Sqft Fin 2,168

PSF Abv $ 454

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

5

615,000

$615,000 $615,000

100%

4 5

635,000

$635,000 $683,000

108%

$625,000

$625,000 $649,000

104%

Orig Price $598,333

List Price Close Price $598,333 $649,000

CP/OLP 104 %

Median $649,000 PSF Ttl

$248

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Fin $285

CMA 1-Line Page 1 of 1


Full Property View

6710 S Marion Circle W, Centennial, CO 80122

$545,000 - Pending

----

Listing Listing ID:

2987328

MLS Status: Accepting Backups: County: Arapahoe List Price: Property Type: Residential Original List Price: Property Subtype: Single Family Residence Structure Type: House Basement: Levels: One Year Built: Subdivision Name: Southglenn Listing Contract Date: 04/27/2022 Spec. Listing Cond: Purchase Contract Date: 05/05/2022 Contingency: Days in MLS: 7 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $3,453 Tax Year: Tax Legal Desc: LOT 2 BLK 16 SOUTHGLENN 3RD FLG

Pending Yes $545,000 $545,000 Yes 1963 None Known None Known $0.00 2021

Recent: 05/09/2022 : PEND : A->P

Interior Area & SqFt Building Area Total (SqFt Total): 2,288 Living Area (SqFt Finished): 1,830 Area Source: Above Grade Finished Area: 1,144 Below Grade Total Area: 1,144 Below Grade Finished Area: 686 Below Grade Unfinished Area: 458 PSF Total: $238 PSF Above Grade: $476 PSF Finished: $298 Basement: Finished Bsmnt Ceiling Ht: Foundation: Fireplace: Heating: Forced Air Cooling: Evaporative Cooling HVAC Description: Security Features: Flooring: Carpet, Wood Appliances: Dishwasher, Range Exclusions: None

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

5 0 3 0 2

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

2 0 1 0 1

Bathrooms Full: Three Quarter: Half: One Quarter:

2 0 0 0

Detailed Room Info Room Type Living Room Bedroom Bedroom Bathroom (Full) Kitchen Family Room Bedroom Bedroom Bathroom (Full) Bedroom

Rm Level Dimensions Description Main Main Main Main Main Basement Basement non-conforming Basement non-conforming Basement Main

Parking Parking Total: 2 Parking Type Off-Street Garage (Attached)

# of Spaces 1 1

Garage Spaces: 1 Parking Length Parking Width

Offstreet Spaces: Parking Description

1

Site & Location Information Lot Size: Current Use: Lot Features:

0.22 Acres / 9,627 SqFt

Fencing:

Level

Elementary School: Twain / Littleton 6 Middle/Junior Sch: Powell / Littleton 6 High School: Arapahoe / Littleton 6 School of Choice: View Walk, Bike, & Transit Scores

Bldg/Complex Name: Parcel Number: Walk Score:

032163879 53

Building Information Architectural Style: Construction Materials: Brick Roof: Composition

Exterior Features:

Water & Utilities Water Included:

Yes

Water Source:

Public

Public Remarks

Sewer:

Public Sewer


4 bedroom 2 bath in popular Southglenn neighborhood in award-winning Littleton School District. This ranch-style home has lots of potential and will be spectacular with some rehab and TLC. Original wood floors. Kitchen with stainless steel appliances. Huge 9600+ sq ft treed lot to fix up and enjoy this summer. This location can't be beat; near Southglenn Country Club, the Highline Canal, and Southglenn Mall. Sold in "As Is" condition. This home IS NOT on the corner of Arapahoe Rd. Buyers to verify all information.

Confidential Information Private Remarks: Property will be conveyed with a Special Administrator's Deed. Sold "As Is". Allow 72 hrs for response. Buyers to verify all information. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional Title Company: Land Title Ownership: Estate

Showing Information Showing Contact Phone:

303-573-7469

Show Email:

No Showings Until: 04/28/22

List Agent List Agent: List Agent ID:

Susan Bradley 032768

List Office: THE BRADLEY GROUP LLC Co List Agent: Richard Graca

Phone: 720-327-4993 Mobile: 720-327-4993 Office: 303-478-4694 Email: susan@thebradleygroupmb.com List Office ID: Phone: 303-667-3668 Co List Agent ID:

MBD30 272151

Co List Office: MB SUMMERS REALTY

Email:

MBDD3

richgraca@aol.com

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Photos

Co List Office ID:

Generated on: 05/11/2022 12:23:24 PM



6640 S Downing Street, Centennial, CO 80121

$615,000 - Closed

----

Listing Listing ID:

2100630

MLS Status: Closed Close Price: $615,000 County: Arapahoe List Price: $615,000 Property Type: Residential Original List Price: $615,000 Property Subtype: Single Family Residence Structure Type: House Basement: Yes Levels: Two Year Built: 1962 Subdivision Name: Broadway Estates Listing Contract Date: 03/17/2022 Spec. Listing Cond: None Known Purchase Contract Date: 03/23/2022 Contingency: None Known Close Date: 04/06/2022 Days in MLS: 5 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $3,941 Tax Year: 2020 Special Taxing/Metro District Y/N: No Tax Legal Desc: LOT 11 BLK 47 BROADWAY ESTATES 2ND FLG

Interior Area & SqFt Building Area Total (SqFt Total): 2,376 Living Area (SqFt Finished): 2,128 Area Source: Public Records Above Grade Finished Area: 1,188 Below Grade Total Area: 1,188 Below Grade Finished Area: 940 Below Grade Unfinished Area: 248 PSF Total: $259 PSF Above Grade: $518 PSF Finished: $289 Basement: Finished, Full Bsmnt Ceiling Ht: Foundation: Slab Fireplace: Heating: Forced Air, Natural Gas Cooling: Attic Fan HVAC Description: Interior Features: Breakfast Nook, Eat-in Kitchen, Laminate Counters, Smoke Free, Solid Surface Counters Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Tile, Vinyl, Wood Detector(s) Window Features: Double Pane Windows Spa Features: Appliances: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Self Cleaning Oven Furnished: Unfurnished Exclusions: None

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

4 0 3 0 1

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

2 0 1 0 1

Bathrooms Full: Three Quarter: Half: One Quarter:

1 1 0 0

Detailed Room Info Room Type Living Room Dining Room Kitchen Bedroom Bedroom Bedroom Bathroom (Full) Bonus Room Bathroom (3/4) Bedroom Utility Room Sun Room

Rm Level Dimensions Description Main 17 x 12 Light and bright with wood shutters Main 13 x 9 Opens to delightful covered patio, sun room and private backyard Main 14 x 9 Cherry cabinets, SS appliances including smooth top range with convection oven. Main 11 x 10 Main 12 x 12 Main 11 x 10 Main Basement 41 x 12 Rec Room Basement Gorgeous oversized shower with bench, custom tile, can lights and more! Basement 12 x 10 Non conforming- no egress window Basement 24 x 9 Spacious with laundry area Main 18 x 9 Flat Screen TV included

Parking Parking Total: 2 Garage Spaces: 2 Parking Type # of Spaces Parking Length Parking Width Garage (Detached) 1 Garage (Attached) 1 Parking Features: Concrete, Exterior Access Door

Offstreet Spaces: Parking Description Oversized

0

Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:

0.21 Acres / 8,973 SqFt Landscaped, Level, Near Public Transit Paved/Public Road

Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:

Fencing:

032124024 48

Road Responsibility: Elementary School: Highland / Littleton 6 Middle/Junior Sch: Euclid / Littleton 6 High School: Arapahoe / Littleton 6 School of Choice: Zoning: RES View Walk, Bike, & Transit Scores

Building Information Architectural Style: Direction Faces: West

View:

Full


Construction Materials: Brick, Metal Siding Roof: Composition Exterior Features: Property Condition: Updated/Remodeled Builder Name: Patio/Porch Feat: Covered, Front Porch, Pool Features: Patio

Gas Valve, Lighting, Private Yard, Rain Gutters Builder Model:

New Home Community Lot Number:

11

Time Of Completion From Groundbreaking:

Water & Utilities Water Included: Utilities:

Yes Water Source: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Sewer: Electric:

Public Sewer 220 Volts

Public Remarks Beautifully updated ranch style home with ideal location and incredible backyard. Bright and cheery throughout. Remodeled kitchen with cherry cabinets, SS appliances including a smooth top range with convection oven. Great sized living room with solid surface flooring and wood shutters. 3 bedrooms with gleaming hardwood flooring plus an updated full bath on the main floor. Delightful dining room opens to the sun room and covered patio completed with a gas valve for grilling. The finished basement includes an over sized rec room, a non conforming bedroom, large storage room, and beautifully remolded bathroom featuring an oversize shower with bench, gorgeous tile, can lighting and more. Another great feature is the luxury vinyl planking throughout the basement. You'll love the large, private, fully fenced backyard with mature trees and perennials. The backyard is ideal for entertaining with it's extensive concreate beyond the covered patio. A 16x24 detached garage with large windows complete the backyard. Extra parking for an RV or additional vehicles can be found on both sides of the home. Located close to outstanding schools, shopping and restaurants at Streets of Southglenn. Plus just a few minutes from Downtown Littleton. Well cared for and loved! Must See!

Directions From University and Arapahoe: West on Arapahoe to Downing St. Right on Downing to 6640.

Confidential Information Private Remarks: No electricity in detached garage. Non conforming bedroom in basement. In the case of multiple offers.. Offers will be reviewed on Monday, March 21st. Acceptance deadline to be 4:00 pm. Seller reserves the right to accept an offer at anytime. Buyer and Buyers agent to verify all information deemed available. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: RE/MAX Masters Millennium Possession: Immediately Contract Min Earnest: $8,500 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Individual Occupant Type:

Owner

List Agent List Agent: List Agent ID:

Roberta Steckler 129775

List Office: RE/MAX Masters Millennium

Phone: 303-507-6438 Mobile: 303-507-6438 Office: 303-771-9400 Email: robertasteckler@msn.com

List Office ID:

rem36

Buyer Agent: Luke Corbitt

Phone: 303-949-8104

Buyer Agent ID:

053075

Buyer Office: 8z Real Estate

Email:

Buyer Office ID:

M1728

Buyer Agent

Luke.Corbitt@8z.com

Close Information Concessions: No Commission Modified: NA

Buyer Financing: Closing Comments:

Cash

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Photos

Generated on: 05/11/2022 12:23:24 PM




6675 S Williams Circle W, Centennial, CO 80121

$683,000 - Closed

----

Listing Listing ID:

7678121

MLS Status: Close Price: County: Arapahoe List Price: Property Type: Residential Original List Price: Property Subtype: Single Family Residence Structure Type: House Basement: Levels: Two Year Built: Subdivision Name: Southglenn Listing Contract Date: 02/17/2022 Spec. Listing Cond: Purchase Contract Date: 02/21/2022

Contingency:

Closed $683,000 $635,000 $635,000 Yes 1962 None Known Kickout Contingent on home sale

Close Date: 03/25/2022 Days in MLS: 4 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $4,041 Tax Year: 2020 Tax Legal Desc: LOT 8 BLK 3 SOUTHGLENN 1ST FLG

Interior Area & SqFt Building Area Total (SqFt Total): 2,774 Living Area (SqFt Finished): 2,546 Area Source: Public Records Above Grade Finished Area: 1,862 Below Grade Total Area: 912 Below Grade Finished Area: 684 Below Grade Unfinished Area: 228 PSF Total: $246 PSF Above Grade: $367 PSF Finished: $268 Basement: Cellar, Finished, Full Bsmnt Ceiling Ht: Foundation: Slab Fireplace: Living Room, Wood Burning Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, Primary Suite, Pantry Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Detector(s) Window Features: Double Pane Windows Spa Features: Appliances: Convection Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven Exclusions: Washer, Dryer, Seller`s personal property

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

4 4 0 0 0

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

3 2 1 0 0

Bathrooms Full: Three Quarter: Half: One Quarter:

1 1 1 0

Detailed Room Info Room Type

Rm Level

Living Room

Main

Dining Room

Main

Kitchen

Main

Bathroom (1/2) Primary Bedroom Bedroom Bedroom Bedroom Primary Bathroom (3/4) Bathroom (Full)

Main Upper Upper Upper Upper

Family Room

Basement

Laundry Office

Basement Basement

Dimensions Description This room pulls double duty as both warm and cozy with the gorgeous fireplace, 22 x 13 and bright and airy with fresh paint and light pouring in from both sides. 14 x 11 Ample space to host guests and show off your cool bar or antique hutch Updated cabinetry, two pantry spaces, plenty of counterspace and the coveted 20 x 11 window-over-the-sink! 14 12 12 14

x x x x

12 10 10 12

Upper

Primary bedroom + ensuite bath and large enough for a King Bed Wood floors run throughout the upper level One of two secondary bedrooms that are the same size The larger of the secondary bedrooms, comfortable holds a queen size bed Updated ensuite bath

Upper 22 x 13

Large updated tub/shower combo with glass doors Great flex space, currently used as an exercise room. Would make a great second TV / hangout space, large office, even a hobby room Additional finished flex space in the basement

Parking Parking Total: 1 Parking Type Garage (Attached)

# of Spaces 1

Garage Spaces: 1 Parking Length Parking Width

Offstreet Spaces: Parking Description

0

Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:

0.22 Acres / 9,714 SqFt

Fencing:

Level, Sprinklers In Front, Sprinklers In Rear Paved Road Responsibility: Elementary School: Highland / Littleton 6 Bldg/Complex Name: Middle/Junior Sch: Euclid / Littleton 6 High School: Arapahoe / Littleton 6 Parcel Number: 032128232 School of Choice: Walk Score: 52 View Walk, Bike, & Transit Scores


Building Information Architectural Style: Traditional Construction Materials: Brick, Frame Roof: Composition Patio/Porch Feat: Patio

Exterior Features: Pool Features:

Water Included:

Water Source:

Garden, Private Yard, Rain Gutters

Water & Utilities Yes

Public

Sewer:

Public Sewer

Public Remarks Gorgeous home in the heart of Southglenn invites you in with its warm wood floors and a bright airy feel. The updated kitchen with floor to ceiling cabinetry overlooks the large backyard. Cozy up in the living room with the fireplace, wood beams and windows on both ends of the room. All four bedrooms in the home are on the upper level, and the hardwoods run throughout the upper level as well. Updated bathrooms, Fresh paint, Finished basement, Newly installed central A/C. Quick access to Streets at Southglenn, local schools, DeKeovend Park, Goodsen Rec, and Highline Canal.

Directions Please use your favorite GPS and note the correct address for the property is: 6675 S Williams Circle West.

Confidential Information Private Remarks: Offer deadline Sunday at Noon, Acceptance Deadline Sunday at 9 p.m.**Showings will begin on Friday 2/18 at 10 a.m.**The Sellers request to rent back from closing to between 4/2 and 4/9. If offering a rent back, please include a PCOA with your offer.**Buyer to verify all information**Agent will communicate through CTM re: offer deadlines / property status Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% Contract Earnest Check To: Chicago Title Possession: Negotiable, See Remarks Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Chicago Title Ownership: Individual Occupant Type:

Owner

List Agent List Agent: List Agent ID:

Alyson Wahl 55042503

List Office: Keller Williams DTC

Phone: 303-246-6707 Mobile: 303-246-6707 Office: 303-771-7500 Email: livesouthdenver@gmail.com

List Office ID:

KWR30

Buyer Agent: Kim Wermerskirchen

Phone: 303-475-2605

Buyer Agent ID:

006255

Buyer Office: MB The W Real Estate Group

Email:

Buyer Office ID:

WRE56

Buyer Agent

kim@thewrealestategroup.com

Close Information Concessions: No Commission Modified: NA

Buyer Financing: Closing Comments:

Conventional

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Photos

Generated on: 05/11/2022 12:23:24 PM



Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/11/2022 to 03/12/2022 Latitude, Longitude is within 0.25 mi of

6650 S Downing St, Centennial, CO 80121, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Pending Properties Listing ID Address

City

2987328 6710 S Marion CIR W

Centennial

Bds

Bths

Abv

Ttl

Fin

Pending

PSF Abv

PSF Ttl

5

2

1,144

2,288

1,830

05/05/22

$476

$238

$298

Averages:

1,144

2,288

1,830

$476

$238

$298

Count: 1

High $545,000

List Price:

Low $545,000

PSF Fin DIM Orig Price

7 7

List Price

545,000

$545,000

$545,000

$545,000

Median $545,000

Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Centennial

4

2

1,188

2,376

2,128

04/06/22

$518

$259

$289

Centennial

4

3

1,862

2,774

2,546

03/25/22

$367

$246

$268

Averages:

1,525

2,575

2,337

$442

$253

$279

Listing ID Address

City

2100630 6640 S Downing ST 7678121 6675 S Williams CIR W

Count: 2

Closed Price:

Report Totals

Presented By: Mitch Helfer Generated on: 05/11/2022

Count : 3

Averages:

High $683,000

SqFt Abv 1,398

SqFt Ttl 2,479

Low $615,000 Sqft Fin 2,168

PSF Abv $ 454

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

5

615,000

$615,000 $615,000

100%

4 5

635,000

$635,000 $683,000

108%

$625,000

$625,000 $649,000

104%

Orig Price $598,333

List Price Close Price $598,333 $649,000

CP/OLP 104 %

Median $649,000 PSF Ttl

$248

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Fin $285

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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