at Keller Williams Integrity
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $539,900 with the market action index hovering around 71. This is less than last month's market action index of 79. Inventory has increased to 521.
Real-Time Market Profile Median List Price
$539,900
Market Action Index
Median Price of New Listings
$440,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$444
Average Days on Market
38
Median Days on Market
14
Price Decreased
27%
Price Increased
1%
Relisted
4%
Inventory
521
Median Rent
$1,936
Market Action
71
inventory. 50
40
Buyer's Market
60
20
80
10
on
90
M
71
100
ay Tod th
Las t
0
Seller's Market
70
30
Strong Seller's Market The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
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
$1,375,000
2,832
0 - 4,500 sqft
3
3
21
25
10
21
$674,500
1,477
0 - 4,500 sqft
2
2
22
35
24
14
$437,000
1,123
0 - 4,500 sqft
2
2
39
39
27
14
$280,000
776
0 - 4,500 sqft
2
1
53
50
34
7
Fri Jul 08 2022
2 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend. $800K
$700K
$600K
$500K
$400K
$300K Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Segments
Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market. $2.0M
$1.5M
$1.0M
$500K
$0 Jul 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Fri Jul 08 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
3 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Price Per Square Foot
The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities. $550
$500
$450
$400
$350
$300 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 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
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 2022
90-Day Average
Fri Jul 08 2022
4 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. 120
100
80
60
40
20 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 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
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Fri Jul 08 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
5 of 6
Condos/Townhomes
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 50 days. Half of the listings have come newly on the market in the past 12 or so days. Watch the 90-day DOM trend for signals of a changing market. 100
80
60
40
20
0 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jul 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. 150
125
100
75
50
25
0 Jul 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Fri Jul 08 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
6 of 6
460 S Marion Pkwy #802, Denver, CO 80209-2583, Denver County APN: 5142-15-339
CLIP: 8479358608
MLS Beds 1
MLS Full Baths 1
Half Baths N/A
MLS Sale Price $366,000
MLS Sq Ft 768
Lot Sq Ft N/A
Yr Built 1971
Type CONDO
MLS Sale Date 06/12/2020
OWNER INFORMATION
Owner Name
Hill Amanda Kay
Mailing ZIP 4
2583
Mailing Address
460 S Marion Pkwy #802
Mailing Carrier Route
C018
Mailing City & State
Denver, CO
Owner Occupied
Yes
Mailing Zip
80209
LOCATION INFORMATION
Property Zip
80209
Census Tract
34.01
Property Zip4
2583
Topography
Flat/Level
Property Carrier Route
C018
Neighborhood Code
Washington Pk-0526
School District
Denver County 1
Neighborhood Name (OnBoard)
Washington Park
Elementary School
Steele
Traffic
Local
Middle School
Merrill
Township
04S
High School
South
Range
68W
Subdivision
Lake View
Section
14
Zoning
G-MU-20
Quarter
NW
PIN
5142-15-339
% Improved
94%
Schedule Number
0514215339339
Tax District
DENV
Legal Description
PARK LANE CONDOS U-802 BLDG -C PHASE-II
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$20,000
$19,000
$19,000
Market Value - Improved
$317,900
$286,300
$286,300
Market Value - Total
$337,900
$305,300
$305,300
Assessed Value - Land
$1,430
$1,360
$1,360
Assessed Value - Improved
$22,730
$20,470
$20,470
Assessed Value - Total
$24,160
$21,830
$21,830
YOY Assessed Change (%)
10.67%
0%
YOY Assessed Change ($)
$2,330
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,574
2020
$1,620
$45
2.88%
2021
$1,803
$183
11.3%
CHARACTERISTICS
Land Use - County
Condo Dwelling/Units
Baths - Total
1
Land Use - CoreLogic
Condominium
MLS Total Baths
1
Style
Row House
Baths - Full
1
Year Built
1971
Stories
1
Bldg Sq Ft - Above Ground
768
Cooling Type
Central
Bldg Sq Ft - Total
768
Heat Type
Hot Water
Bldg Sq Ft - Finished
768
Patio Type
Wood Deck
Bldg Sq Ft - 1st Floor
768
Garage Type
Parking Avail
# Buildings
1
Exterior
Brick
Total Rooms
6
Quality
Good
Bedrooms
1
FEATURES
Feature Type
Size/Qty
Wd Deck
140
Property Details
Courtesy of Michael Jenkins, 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: 07/08/22 Page 1/3
SELL SCORE
Rating
Moderate
Sell Score
538
Value As Of
2022-07-03 06:46:16
ESTIMATED VALUE
RealAVM™
$411,100
Confidence Score
83
RealAVM™ Range
$370,900 - $451,300
Forecast Standard Deviation
10
Value As Of
06/14/2022
(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.
LISTING INFORMATION
MLS Listing Id
7369081
MLS Close Price
$366,000
MLS Days On Market
19
MLS Listing Contract Date
04/22/2020
MLS Source
REcolorado
MLS Close Date
06/12/2020
MLS Status
Closed
MLS List Office Name
EXP REALTY, LLC
MLS Status Change Date
06/15/2020
MLS List Agent Full Name
031161-Jennifer Briseno
MLS Current Price
$374,000
MLS Buyer Agent Full Name
55040073-Tom Yeoman
MLS Original List Price
$374,000
MLS Buyer Office Name
BERKSHIRE HATHAWAY HOMESE RVICES IRE DENVER
MLS Listing #
5353848
722368
MLS Source History
REcolorado
REcolorado
MLS Status
Closed
Closed
MLS Listing Price
$235,000
$189,900
MLS Orig Listing Price
$235,000
$189,900
MLS Listing Close Price
$235,000
$189,900
MLS Listing Date
05/08/2015
11/19/2008
MLS Close Date
06/16/2015
01/20/2009
LAST MARKET SALE & SALES HISTORY
Sale Date
Tax: 06/11/2020 MLS: 06/12/2020
Deed Type
Warranty Deed
Sale Price
$366,000
Owner Name
Hill Amanda Kay
Price per SqFt - Finished
$476.56
Seller
Clan Campbell LLC
Document Number
80742
Sale Date
06/11/2020
Sale Price
$366,000
Nominal
02/12/2020
07/07/2015
06/16/2015
01/07/2009
$379,500
$235,000
$189,900
Y
Buyer
Hill Amanda K
Clan Campbell LLC
Capital Investment Ptr s LLC
Capital Investment Ptrs LLC
Soukup Lindsay
Seller
Clan Campbell LLC
Capital Invs Ptrs LLC
Brandon Marjorie L Tru st
Soukup Lindsay
Smith Robert A
Document Number
80742
58364
94518
80869
5982
Document Type
Warranty Deed
Quit Claim Deed
Warranty Deed
Warranty Deed
Warranty Deed
Title Company
Fidelity National Title C o
Homestead Title & Esc row
Equity Title/Co
Chicago Title Co
Buyer
Sale Date
12/15/2005
08/02/1999
Sale Price
$168,750
$115,000
Smith Robert A
Janzen Joel & Natalie
Nominal Buyer Buyer
Janzen Natalie
Seller
Janzen Joel & Natalie
Dinerman Norman M
Document Number
3994
136500
Document Type
Warranty Deed
Warranty Deed
Title Company
Guardian Title Agency The
North American Title
MORTGAGE HISTORY
Mortgage Date
04/08/2021
06/15/2020
07/09/2015
06/18/2015
07/05/2013
Mortgage Amount
$359,166
$359,370
$284,625
$162,150
$157,940
Property Details
Courtesy of Michael Jenkins, 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: 07/08/22 Page 2/3
Mortgage Lender
United Wholesale Mtg
Homebridge Fin'l Svcs Inc
Firstbank
Bank Of Denver
Quicken Lns
Borrower
Hill Amanda K
Hill Amanda K
Capital Investment Ptr s LLC
Capital Investment Ptrs LLC
Soukup Lindsay
Mortgage Type
Fha
Fha
Conventional
Conventional
Fha
Mortgage Purpose
Refi
Resale
Resale
Resale
Refi
Mortgage Int Rate
4
Mortgage Int Rate Type
Adjustable Int Rate Loa n
Mortgage Term
30
30
30
30
30
Mortgage Term
Years
Years
Years
Years
Years
Title Company
Fidelity National Title I nsura
Other
Mortgage Date
01/20/2009
01/08/2006
Mortgage Amount
$167,785
$135,200
Mortgage Lender
American Mtg Network Inc
Firstbank/Aurora
Borrower
Soukup Lindsay
Smith Robert A
Mortgage Type
Fha
Conventional
Mortgage Purpose
Resale
Resale
Mortgage Int Rate
5.5
Mortgage Int Rate Type
Fixed Rate Loan
Mortgage Term
30
15
Mortgage Term
Years
Years
Title Company PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Michael Jenkins, 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: 07/08/22 Page 3/3
Map of Property Locations
460 S Marion Parkway Unit #1506, Denver, CO 80209 Listing Id: 6363328 Status: Active 07/08/22 Price: $650,000 1 Subtype: CON Ttl SqFt: 1,272 Bd/Bth: 2/2 Show #: 303-807-1960 400 S Lafayette Street Unit #1103, Denver, CO 80209 Listing Id: 4993599 Status: Pending 06/20/22 Price: $470,000 3 Subtype: CON Ttl SqFt: 943 Bd/Bth: 2/2 Show #: 888-808-0331 460 S Marion Parkway Unit #1101, Denver, CO 80209 Listing Id: 5076351 Status: Closed 06/08/22 Price: $615,000 5 Subtype: CON Ttl SqFt: 1,272 Bd/Bth: 2/2 Show #: 855-293-5416
460 S MARION Parkway Unit #406, Denver, CO 80209 Listing Id: 2504111 Status: Active 05/30/22 Price: $639,900 Subtype: CON 2 Ttl SqFt: 1,272 Bd/Bth: 2/2 Show #: 460 S Marion Parkway Unit #252, Listing Id: Status: Price: Subtype: 4 Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80209 4401182 Pending 07/01/22 $415,000 CON 768 1/1
460 S Marion Parkway Unit #952, Listing Id: Status: Price: Subtype: 6 Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80209 6876887 Closed 06/15/22 $387,000 CON 768 1/1 303-573-7469
Broker 1 Page 460 S Marion Parkway Unit #1506, Bldg C, Denver, CO 80209 (Status: Active, Listing ID: 6363328) County: Denver List Price: $650,000 Property Type: Residential Original List Price: $650,000 Property Subtype: Condominium Levels: Three Or More Basement: No Structure Type: High Rise (8+) Year Built: 1971 Subdivision Name: Washington Park Listing Contract Date: 07/08/2022 Days In MLS: 0 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $7,848.00 Tax Annual Amt: $2,971 Tax Year: 2021 Tax Legal Desc: PARK LANE CONDOS U-1506 BLDG-C PHASE-II Interior Area & SqFt 1,272 Living Area (SqFt Finished): 1,272 Above Grade Finished Area: 1,272 $511 PSF Finished: $511 PSF Above Grade: $511 Fireplace: 1/Living Room, Wood Burning
Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Built-in Features, Elevator, Open Floorplan Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer Flooring: Tile, Vinyl Furnished: Unfurnished Exclusions: N/A Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 1 Offstreet Spaces: 1 Association Information Assoc 1 Fee/Frequency: $654.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Cable TV, Capital Reserves, Exterior Maintenance w/out Roof, Heat, Insurance, Internet, Maintenance Grounds, Maintenance Structure, On-Site Check In, Recycling, Security, Sewer, Snow Removal, Trash, Water Assoc Amenities: Bike Storage, Business Center, Clubhouse, Concierge, Senior Community: No Elevator(s), Fitness Center, Front Desk, On Site Management, Pool, Sauna, Security, Spa/Hot Tub, Storage Restriction Covenants: Special Pets Allowed: Cats OK, Dogs OK, Size Rentals Allowed: Long Term Assessment Limit Site & Location Information Lot Features: Landscaped, Near Public Transit Elementary School: Steele / Denver 1 Bldg/Complex Name: Park Lane Condominiums Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Entry Level/Loc: 15/Corridor Access Common Walls: 2+ Common Walls Direction Faces: East View: Lake, Mountain(s) Construction Materials: Brick Roof: Other Exterior Features: Balcony, Barbecue, Elevator, Garden, Lighting, Spa/Hot Tub Accessibility Features: Accessible Approach with Ramp Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Welcome to the Park Lane Condo's “Upper East Side,” where the sun always rises, and full moons grace many evenings. Inside an open and airy living space has wonderful natural light and lovely views of the immense tree canopy of the Washington Park area, Smith Lake and the University of Denver. Upon entering you are drawn to the open living space and views from all windows throughout the home in th... Confidential Information Private Remarks: Highest and Best offers only. 24 hour acceptance deadline. All contracts must be submitted with Lender Letter or Proof of Funds. Seller shall review each offer as they are submitted. Seller reserves the right to accept an offer at any time. No overlapping showings allowed. Please check in at front desk. Lock box is on unit door. Current Assessment at Parklane. Homeowner has payed first installment Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional Title Company: Land Title Ownership: Individual Showing Information Showing Service: Showing Contact Phone:
ShowingTime 303-807-1960
List Agent: Donna Martin List Office: HomeSmart Realty Email: donnamartinrealtyco@gmail.com
Show Email: donna-martin@comcast.net
No Showings Until: 07/08/22
List Agent Phone: 303-807-1960 Mobile: 303-807-1960
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/08/2022 9:49:58 AM
Full Property View - Client
460 S Marion Parkway Unit #1506, Bldg C, Denver, CO 80209
----
$650,000 - Active
Welcome to Park Lane!
Smith Lake in Washington Park
Study/ Bedroom 2
Study Door to Balcony
460 S MARION Parkway Unit #406, Bldg C, Denver, CO 80209 (Status: Active, Listing ID: 2504111) County: Denver List Price: $639,900 Property Type: Residential Original List Price: $639,900 Property Subtype: Condominium Levels: Three Or More Basement: No Structure Type: High Rise (8+) Year Built: 1971 Subdivision Name: Washington Park Listing Contract Date: 05/30/2022 Days In MLS: 31 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $7,842.24 Tax Annual Amt: $2,399 Tax Year: 2022 Tax Legal Desc: PARK LANE CONDOS U-406 BLDG-C PHASE-II Interior Area & SqFt 1,272 Living Area (SqFt Finished): 1,272 Above Grade Finished Area: 1,272 $503 PSF Finished: $503 PSF Above Grade: $503
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Central Air Exclusions: Staging Furniture
HVAC Description:
Bed & Bath Summary 2 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $653.52 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Heat, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Bike Storage, Business Center, Clubhouse, Concierge, Senior Community: No Elevator(s), Fitness Center, Front Desk, Garden Area, Park, Parking, Pool, Security, Spa/Hot Tub Restriction Covenants: Special Pets Allowed: Rentals Allowed: Assessment Site & Location Information Elementary School: Steele / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Construction Materials: Brick Roof: Unknown Exterior Features: Water Included: Water Source: Sewer: Community Public Remarks Welcome home to this beautifully remodeled condo in the highly sought-after Wash Park, just in time for SUMMER! You will love living in this elegant and updated building complete with concierge! Open floor plan with stainless steel appliances. Master bedroom has a large walk-in closet. BRAND NEW INTERIOR---No expenses spared with all new flooring, kitchen cabinets, bathroom vanities, quartz counte... Confidential Information Private Remarks: OWNED BY CRESTHILL HOMES, LLC WHICH IS AGENT-OWNED. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 3.5% Contract Earnest Check To: Equitable Title Possession: Contract Min Earnest: $6,500 Listing Terms: Cash, Conventional Title Company: Ownership: Agent Owner Bedrooms Total: Baths Full:
Showing Service:
2 2
Bathrooms Total: Baths Three Quarter:
BrokerBay
List Agent: Jessica Cleaver List Office: HomeSmart Realty Email: jesscleaver.realestate@gmail.com
Showing Information List Agent Phone: 970-481-5178 Mobile:
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/08/2022 9:49:58 AM
460 S MARION Parkway Unit #406, Bldg C, Denver, CO 80209
----
$639,900 - Active
400 S Lafayette Street Unit #1103, Denver, CO 80209 (Status: Pending B/U, Listing ID: 4993599) County: Denver List Price: $470,000 Property Type: Residential Original List Price: $470,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1974 Subdivision Name: Washington Park-0526 Listing Contract Date: 05/26/2022 Purchase Contract Date: 06/20/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 25 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $6,372.00 Tax Annual Amt: $2,321 Tax Year: 2021 Tax Legal Desc: PARK LAFAYETTE CONDOS U-1103 PRK-116 STR-1103 Interior Area & SqFt Building Area Total (SqFt Total): 943 Living Area (SqFt Finished): 943 Above Grade Finished Area: 943 PSF Total: $498 PSF Finished: $498 PSF Above Grade: $498 Foundation: Block Fireplace: Heating: Forced Air, Hot Water Cooling: Central Air HVAC Description: Interior Features: Elevator, Open Floorplan, Quartz Counters, Smoke Free Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Flooring: Laminate Furnished: Unfurnished Exclusions: None 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: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $531.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Capital Reserves, Heat, Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Coin Laundry, Elevator(s), Fitness Center, Senior Community: No On Site Management, Parking, Pool, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s) Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Long Term Site & Location Information Lot Size: 1.28 Acres / 55,757 SqFt Waterfront Feat: Lot Features: Corner Lot Elementary School: Steele / Denver 1 Bldg/Complex Name: Park Lafayette Condos Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Entry Level/Loc: 11/Ground Common Walls: 2+ Common Walls Direction Faces: West View: City, Lake, Mountain(s) Construction Materials: Brick Roof: Tar/Gravel Exterior Features: Balcony, Elevator, Lighting, Spa/Hot Tub, Tennis Court(s) Accessibility Features: Accessible Approach with Ramp Water Included: Water Source: Public Sewer: Public Sewer Public Remarks All of your boxes are checked with this stunning 11th floor end unit condo in the highly desired Washington Park neighborhood. Every day allows so many options. Enjoy a walk around the park with the Pup, hit the fitness center, pool, sauna, hot tub or just sit on your balcony and enjoy the amazing views of the park, downtown and the mountains. You are also just a few blocks from Starbucks, and s... Confidential Information Private Remarks: Buyer/buyer's agent is responsible for verifying all information, measurements, schools and HOA rules/fees/regulations (if applicable) Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Corporation/Trust Showing Information Showing Service: Showing Contact Phone: Showing Instructions:
BrokerBay 888-808-0331 Show Email: No Showings Until: 05/31/22 Security code for entrance to building will be provided by showing service. The lockbox will be located in the staircase on the 11th floor. The fob will allow access to pool, parking spot, storage area, fitness room and rec room. The code to lock box is 1967. The parking space is located on under the tennis court and the storage area is located on the bottom floor identified as #1103.
List Agent: William Kennerly List Office: RE/MAX PROFESSIONALS Email:
List Agent Phone: 303-877-8600 Mobile: 303-877-8600
billkennerly@live.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/08/2022 9:49:58 AM
400 S Lafayette Street Unit #1103, Denver, CO 80209
----
$470,000 - Pending
460 S Marion Parkway Unit #252, Denver, CO 80209 (Status: Pending B/U, Listing ID: 4401182) County: Denver List Price: $415,000 Property Type: Residential Original List Price: $415,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1971 Subdivision Name: Wash Park Listing Contract Date: 06/23/2022 Purchase Contract Date: 07/01/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 8 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $4,308.00 Tax Annual Amt: $1,830 Tax Year: 2021 Tax Legal Desc: PARK LANE CONDOS U-252 BLDG-B PHASE-II Interior Area & SqFt Building Area Total (SqFt Total): 768 Living Area (SqFt Finished): 768 Above Grade Finished Area: 768 PSF Total: $540 PSF Finished: $540 PSF Above Grade: $540 Heating: Electric, Forced Air Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Granite Counters, Primary Suite Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Flooring: Carpet, Laminate Exclusions: Sellers Personal Property Bed & Bath Summary Bedrooms Total: 1 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 0 Offstreet Spaces: 3 Association Information Assoc 1 Fee/Frequency: $359.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Cable TV, Capital Reserves, Gas, Heat, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Concierge, Fitness Center, Front Desk, Senior Community: No Laundry, On Site Management, Pool, Sauna, Spa/Hot Tub Restriction Covenants: Other Pets Allowed: Breed Restrictions, Cats Rentals Allowed: OK, Dogs OK, Number Limit, Only for Owner Site & Location Information Elementary School: Steele / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Construction Materials: Block, Brick, Other Roof: Tar/Gravel Exterior Features: Balcony, Elevator Water Included: Water Source: Public Sewer: Public Sewer Public Remarks This fabulously updated unit in the coveted Park Lane Condos is ready to go. The newly designed kitchen is a gem and truly a bonus for condo living. The eat-in kitchen features custom Aristokraft cabinets with tons of space and soft close doors. It also includes granite counters, stainless steel appliances, and a high pressure, top of the line Hansgrohe faucet. Owner has added custom blinds from ... Confidential Information Private Remarks: The HOA is doing some repairs on the garage ramps. There is a special assessment in place. My client has made the first payment. Some pictures are from the previous listing. Lighting in dining area and kitchen and faucet were changed out from pictures. Check with HOA for cost of parking. It varies based on location. Seller might need post closing occupancy agreement, please call befo Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% Contract Earnest Check To: First Integrity Title Company Possession: Contract Min Earnest: $4,000 Listing Terms: Cash, Conventional, Other Title Company: First Integrity Title Company Ownership: Individual Showing Information Showing Service: Showing Contact Phone: Showing Instructions:
BrokerBay Show Email: Limited showing windows Fridays 4-7 Saturdays 10-3 List Agent Phone: 720-466-3799 Mobile: 720-466-3799
List Agent: Carolyn Kenney List Office: HomeSmart Email:
No Showings Until: 06/24/22
carolyn@cksellshomes.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/08/2022 9:49:58 AM
460 S Marion Parkway Unit #252, Denver, CO 80209
----
$415,000 - Pending
460 S Marion Parkway Unit #1101, Denver, CO 80209 (Status: Closed, Listing ID: 5076351) Close Price: $615,000 County: Denver List Price: $600,000 Property Type: Residential Original List Price: $600,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1971 Subdivision Name: Park Lane Condos Listing Contract Date: 04/28/2022 Purchase Contract Date: 05/03/2022 Contingency: None Known Close Date (DIM): 06/08/2022 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $7,800.00 Tax Annual Amt: $2,709 Tax Year: 2021 Tax Legal Desc: PARK LANE CONDOS U-1101 BLDG-C PHASE-II Interior Area & SqFt 1,272 Living Area (SqFt Finished): 1,272 Above Grade Finished Area: 1,272 $483 PSF Finished: $483 PSF Above Grade: $483
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Granite Counters, High Ceilings, Open Floorplan, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven Flooring: Carpet, Tile Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 2 Association Information Assoc 1 Fee/Frequency: $650.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Cable TV, Capital Reserves, Electricity, Gas, Heat, Insurance, Internet, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash, Water Assoc Amenities: Bike Maintenance Area, Business Center, Clubhouse, Senior Community: No Coin Laundry, Concierge, Elevator(s), Fitness Center, Front Desk, Garden Area, On Site Management, Parking, Pool, Sauna, Security, Spa/Hot Tub, Storage Restriction Covenants: Lease Pets Allowed: Cats OK, Dogs OK, Rentals Allowed: Long Term Restrictions, Number Limit, Size Limit Other Site & Location Information Lot Size: Waterfront Feat: Lake Elementary School: Steele / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Construction Materials: Brick Roof: Other Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Hurry to call this absolutely gorgeous 11th floor condo located in the heart of Denver, Colorado's with amazing views overlooking Colorado's most recognized, photographed and enjoyed, Washington Park. This outstanding home sits on a peaceful tree lined Marion Parkway with panoramic park and mountain views. Beautifully remodeled, this corner condo unit boasts stunning updates throughout the 1,272 s... Confidential Information Buyer Agency Comp: 2.5% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.5%
List Agent: Chris Calicchia List Office: MB BELLISSIMO HOMES Email:
Chrisctotalrealty@yahoo.com
Buyer Agent: Carla Bartell Buyer Office: Corcoran Perry & Co. Email:
cbartell@corcoranperry.com
Concessions: No Buyer Financing: Cash
List Agent Phone: 303-994-7992 Mobile: 303-994-7992 Buyer Agent Phone: 303-884-4550 Mobile: 303-884-4550 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/08/2022 9:49:58 AM
460 S Marion Parkway Unit #1101, Denver, CO 80209
----
$615,000 - Closed
460 S Marion Parkway Unit #952, Bldg B, Denver, CO 80209 (Status: Closed, Listing ID: 6876887) Close Price: $387,000 County: Denver List Price: $395,000 Property Type: Residential Original List Price: $395,000 Property Subtype: Condominium Levels: One Basement: No Structure Type: High Rise (8+) Year Built: 1971 Subdivision Name: Lake View Listing Contract Date: 04/27/2022 Purchase Contract Date: 05/12/2022 Contingency: None Known Close Date (DIM): 06/15/2022 Days In MLS: 15 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $4,944.00 Tax Annual Amt: $1,816 Tax Year: 2021 Tax Legal Desc: PARK LANE CONDOS U-952 BLDG-B PHASE-II Interior Area & SqFt 768 Living Area (SqFt Finished): 768 Above Grade Finished Area: 768 $504 PSF Finished: $504 PSF Above Grade: $504
Building Area Total (SqFt Total): PSF Total: Heating: Hot Water Cooling: Central Air HVAC Description: Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator Exclusions: None Bed & Bath Summary Bedrooms Total: 1 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $412.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Cable TV, Heat, Insurance, Internet, Maintenance Grounds, Maintenance Structure, On-Site Check In, Recycling, Security, Sewer, Snow Removal, Trash, Water Assoc Amenities: Concierge, Elevator(s), Fitness Center, Front Desk, Senior Community: No Laundry, Pool Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK, Rentals Allowed: Long Term Number Limit, Size Limit Site & Location Information Elementary School: Steele / Denver 1 Bldg/Complex Name: Park Lane Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Entry Level/Loc: Corridor Access Common Walls: Direction Faces: Northeast View: Construction Materials: Brick Roof: Unknown Exterior Features: Balcony Water Included: Water Source: Sewer: Public Sewer Public Remarks One bedroom condo in desirable Washington Park neighborhood. Living room and bedroom have access to spacious balcony. Enjoy the fitness center, sauna, steam room, indoor and outdoor pool, library, party room with kitchen and billiard room. 24/7 security. Step out your door to path, lake, shopping and restaurants. Confidential Information Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%
List Agent: Eugene R Lucero List Office: Keller Williams Realty Urban Elite Email:
glucero@lucerofinancial.com
Buyer Agent: Aghil Ansari Buyer Office: Thrive Real Estate Group Email:
aghil@thrivedenver.com
Concessions: Buyer Closing Costs/Seller Points Paid, $7,000 Buyer Financing: Conventional
List Agent Phone: 303-350-2701 Mobile: 303-888-9198 Buyer Agent Phone: 720-431-8883 Mobile: 720-431-8883 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/08/2022 9:49:58 AM
460 S Marion Parkway Unit #952, Bldg B, Denver, CO 80209
----
$387,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/08/2022 to 05/24/2022 Latitude, Longitude is within 0.25 mi of 460
S Marion St Pkwy, Denver, CO 80209, 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
1,272
1,272
1,272
05/30/22
$503
$503
$503
31
639,900
$639,900
Denver
2
2
1,272
1,272
1,272
07/08/22
$511
$511
$511
0
650,000
$650,000
Averages:
1,272
1,272
1,272
$507
$507
$507
16
$644,950
$644,950
PSF Fin DIM Orig Price
List Price
Listing ID Address
City
2504111 460 S MARION PKWY #406, Bldg C 6363328 460 S Marion PKWY #1506, Bldg C
Count: 2
High $650,000
List Price:
Low $639,900
PSF Fin DIM Orig Price
List Price
Median $644,950
Pending Properties Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
Denver
1
1
768
768
768
07/01/22
$540
$540
$540
Denver
2
2
943
943
943
06/20/22
$498
$498
$498
Averages:
856
856
856
$519
$519
$519
Listing ID Address
City
4401182 460 S Marion PKWY #252 4993599 400 S Lafayette ST #1103
Count: 2
High $470,000
List Price:
Low $415,000
8
415,000
$415,000
25 17
470,000
$470,000
$442,500
$442,500
Median $442,500
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
6876887 460 S Marion PKWY #952, Bldg B 5076351 460 S Marion PKWY #1101
Denver
1
1
768
768
768
06/15/22
$504
$504
$504
Denver
2
2
1,272
1,272
1,272
06/08/22
$483
$483
$483
Averages:
1,020
1,020
1,020
$494
$494
$494
Count: 2
Closed Price:
Report Totals
Presented By: Michael Jenkins Generated on: 07/08/2022
Count : 6
High $615,000
SqFt Abv Averages: 1,049
SqFt Ttl 1,049
Low $387,000 Sqft Fin 1,049
PSF Abv $ 507
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
15
395,000
$395,000 $387,000
98%
5 10
600,000
$600,000 $615,000
103%
$497,500
$497,500 $501,000
100%
Orig Price $528,317
List Price Close Price $528,317 $501,000
CP/OLP 100 %
Median $501,000 PSF Ttl
$507
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $507
CMA 1-Line Page 1 of 1
at Keller Williams Integrity
INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐
Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.
ASKING PRICE
PERCENTAGE OF BUYERS
+15%
10%
+10%
30%
Market Value
60%
-10%
75%
-15%
90%
Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.
ACTIVITY
at Keller Williams Integrity
1
2
3
4
5
6
TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
Results That MOVE You
720.208.7200 TheBarticGroup.com A Veteran Owned Business