at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $730,000 with the market action index hovering around 81. This is less than last month's market action index of 90. Inventory has increased to 797.
Real-Time Market Profile Median List Price
$730,000
Market Action Index
Median Price of New Listings
$675,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$372
Average Days on Market
28
Median Days on Market
14
Price Decreased
43%
Price Increased
3%
Relisted
5%
Inventory
797
Median Rent
$2,800
Market Action
81
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
81
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$1,525,000
3,758
4,500 - 6,500 sqft
4
4
64
30
43
21
$845,000
2,277
4,500 - 6,500 sqft
4
3
73
43
41
21
$639,900
2,024
4,500 - 6,500 sqft
3
2
65
36
46
14
$480,500
1,310
6,500 - 8,000 sqft
3
2
67
56
66
14
Tue Jul 12 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels. $850K $800K $750K $700K $650K $600K $550K $500K Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Tue Jul 12 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Price Per Square Foot
While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers can see more home for their money. $425
$400
$375
$350
$325
$300
$275 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 2K
1K
1K
750
500
250
0 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Tue Jul 12 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 120
100
80
60
40
20 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Tue Jul 12 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 24 days. Half of the listings have come newly on the market in the past 8 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Jul 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125
100
75
50
25
0 Jul 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Tue Jul 12 2022
Aug 2021
Dec 2021
Apr 2022
Bottom 90-Day
6 of 6
516 University Blvd, Denver, CO 80206-4127, Denver County APN: 5016-34-051
Expired Listing
CLIP: 9662711203
MLS Beds 3
MLS Full Baths 1
Half Baths N/A
Sale Price N/A
MLS Sq Ft 1,990
Lot Sq Ft 1,187
Yr Built 2010
Type TH/RH
Sale Date N/A
OWNER INFORMATION
Owner Name
Rooney Diane
Mailing Zip
80206
Owner Name 2
Rooney Thomas
Mailing ZIP 4
4127
Mailing Address
516 University Blvd
Mailing Carrier Route
C001
Mailing City & State
Denver, CO
Owner Occupied
Yes
Property Zip
80206
Census Tract
38.01
Property Zip4
4127
Topography
Flat/Level
Property Carrier Route
C001
Neighborhood Code
N Cherry Creek-0599
School District
Denver County 1
Traffic
Graded
Elementary School
Bromwell
Township
04S
Middle School
Morey
Range
68W
High School
East
Section
01
Subdivision
Harmans Sub
Block
1
Zoning
G-RH-3
LOCATION INFORMATION
TAX INFORMATION
PIN
5016-34-051
% Improved
88%
Schedule Number
0501634051000
Tax District
DENV
Legal Description
HARMANS SUB BLK 1 PT PLOT 1 & 2 BEG SE COR PLOT 2 TH S 4.15 FT W 23.97FT S 33.35FT W 21.45 F T N 43.75FT E 45.42FT S 6.25 FT T POB
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$95,000
$95,000
$95,000
Market Value - Improved
$670,400
$565,900
$565,900
Market Value - Total
$765,400
$660,900
$660,900
Assessed Value - Land
$6,790
$6,790
$6,790
Assessed Value - Improved
$47,930
$40,460
$40,460
Assessed Value - Total
$54,720
$47,250
$47,250
YOY Assessed Change (%)
15.81%
0%
YOY Assessed Change ($)
$7,470
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$3,407
2020
$3,506
$98
2.88%
2021
$4,083
$577
16.47%
CHARACTERISTICS
Lot Acres
0.0272
# Buildings
1
Lot Sq Ft
1,187
Total Rooms
5
Land Use - County
Row House Misc
Bedrooms
Tax: 2 MLS: 3
Land Use - CoreLogic
Townhouse/Rowhouse
Baths - Total
3
Style
Row House
MLS Total Baths
3
Year Built
2010
Baths - Full
Tax: 3 MLS: 1
Bldg Sq Ft - Above Ground
1,417
Stories
3
Bldg Sq Ft - Basement
573
Fireplace
Y
Bldg Sq Ft - Finished Basement
544
Heat Type
Warm Air
Bldg Sq Ft - Unfinished Basement
29
Patio Type
Concrete/Masonry Patio
Bldg Sq Ft - Total
1,990
Garage Type
Detached Garage
Bldg Sq Ft - Finished
Tax: 1,961 MLS: 1,990
Garage Capacity
MLS: 1
Bldg Sq Ft - 1st Floor
573
Garage Sq Ft
198
Bldg Sq Ft - 2nd Floor
573
Exterior
Glass
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: 07/12/22 Page 1/3
Basement Type
Full
Quality
Good
FEATURES
Feature Type
Size/Qty
Prch-Encl Unfin
15
Conc/Brck Patio
20
Wd Deck
302
Det Garage-Msry
198
SELL SCORE
Rating
Low
Sell Score
452
Value As Of
2022-07-10 07:06:09
ESTIMATED VALUE
RealAVM™
$889,400
Confidence Score
80
RealAVM™ Range
$791,566 - $987,234
Forecast Standard Deviation
11
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
5068281
MLS Current Price
$740,000
MLS Days On Market
51
MLS Original List Price
$760,000
MLS Source
REcolorado
MLS Listing Contract Date
06/07/2019
MLS Status
Expired
MLS List Office Name
TRELORA
MLS Status Change Date
07/28/2019
MLS List Agent Full Name
01234t-Trelora Team
Rooney Diane
Owner Name 2
Rooney Thomas
LAST MARKET SALE & SALES HISTORY
Owner Name Sale Date
12/31/2020
Nominal
Y
Buyer
Rooney Diane & Thomas
Buyer
Rooney Thomas
Seller
Alcon Diane
Document Number
220888
Document Type
Quit Claim Deed
Title Company
Fitco-First Integrity Title
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: 07/12/22 Page 2/3
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: 07/12/22 Page 3/3
Map of Property Locations
456 University Boulevard, Denver, Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
CO 80206 5411732 Pending 06/19/22 $1,095,000 MLF 2,250 3/4 303-573-7469
471 Columbine Street, Denver, CO Listing Id: Status: Price: 3 Subtype: Ttl SqFt: Bd/Bth: Show #:
80206 4073556 Closed 05/23/22 $850,100 MLF 1,672 2/2
524 University Boulevard, Denver, Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:
CO 80206 7875066 Closed 03/18/22 $820,000 MLF 2,045 3/3
2450 E 5th Avenue Unit #H, Denver, CO 80206 Listing Id: 5958895 Status: Closed 06/21/22 Price: $860,000 Subtype: MLF 4 Ttl SqFt: 1,914 Bd/Bth: 3/3 Show #: 303-573-7469
Broker 1 Page 456 University Boulevard, Denver, CO 80206 (Status: Pending, Listing ID: 5411732) County: Denver List Price: $1,095,000 Property Type: Residential Original List Price: $1,095,000 Property Subtype: Multi-Family Levels: Three Or More Basement: Yes Structure Type: Townhouse Year Built: 2016 Subdivision Name: Harmans B32 Listing Contract Date: 06/15/2022 Purchase Contract Date: 06/19/2022 Contingency: None Known Days In MLS: 4 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $4,767 Tax Year: 2021 Tax Legal Desc: HARMANS SUB B32 E 41.34FT W 125.04FT S/2 P4 Interior Area & SqFt Building Area Total (SqFt Total): 2,250 Living Area (SqFt Finished): 2,250 Above Grade Finished Area: 1,658 Below Grade Total Area: 592 Below Grade Finished Area: 592 Below Grade Unfinished Area: 0 PSF Total: $487 PSF Finished: $487 PSF Above Grade: $660 Basement: Bath/Stubbed, Daylight, Finished, Full, Bsmnt Ceiling Ht: 8 feet Sump Pump Foundation: Slab Fireplace: 1/Family Room, Gas Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Smoke Free, Solid Surface Counters, Wet Bar, Wired for Data Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Sump Pump, Washer Flooring: Carpet, Tile, Wood Exclusions: Tenants Personal Property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 4 Baths Full: 1 Baths Three Quarter: 3 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 2 Offstreet Spaces: 1 Site & Location Information Lot Size: 0.05 Acres / 2,063 SqFt Waterfront Feat: Lot Features: Near Public Transit Elementary School: Bromwell / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Morey / Denver 1 High School: East / Denver 1 Building & Water Information Architectural Style: Contemporary, Urban Contemporary Entry Level/Loc: Common Walls: End Unit, 1 Common Wall Unit Count: 8 Direction Faces: North View: City Construction Materials: Metal Siding, Stucco, Wood Siding Roof: Membrane Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Rare opportunity to own a Contemporary Boutique Townhome in the Heart of Cherry Creek North! This Desirable End Unit lives large and features: 2,250 SqFt of Sexy, Urban Design - Spacious Open Floor Plan with 9 ft Ceilings, High End Finishes and abundant Natural Light - Kitchen/Living Room/Dining Area and Attached 2-Car Garage on Main Floor - Gas Fireplace - Bosch SS Appliances & Sleek Custom Cabin... Confidential Information Private Remarks: Showings begin June 16th. Party Wall Agreement in place....there is No HOA or Service/Maintenance Agreement. Tenants are in the process of moving. When showing, recommend parking along 4th or 5th Ave, townhome is located mid-block, it is the End Unit on the North side, address by entry door. Buyer/Buyers Agent to verify taxes and square footage. Agent owner is member of selling LLC and CTMe user. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Immediately Contract Min Earnest: $25,000 Listing Terms: Cash, Conventional, Jumbo, Other Title Company: Land Title Ownership: Agent Owner Showing Information Showing Contact Phone: Showing Instructions:
303-573-7469 Show Email: No Showings Until: 06/16/22 Showings will begin on June 16. Please schedule through ShowingTime.
List Agent: Tim Vernier List Office: JPAR Modern Real Estate Co Email: tim@vernierdesign.com
List Agent Phone: 303-870-7697 Mobile: 303-870-7697
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/12/2022 9:29:34 AM
Full Property View - Client
456 University Boulevard, Denver, CO 80206
Street View of Townhomes
----
$1,095,000 - Pending
Exterior Entry View (end unit)
Living Room/Main Floor with Floating Staircase
Living Room/Main Floor with Gas Fireplace
Kitchen + Dining Area Living Room/Entry Foyer
Kitchen + Dining Area
2nd Floor - Primary Bedroom w/ Floor-toCeiling Windows
Spacious Dining Area
Kitchen + Foyer
2nd Floor - Primary Bedroom Ensuite
2nd Floor - Primary Bathroom w/ Euroglass Shower Door
524 University Boulevard, Denver, CO 80206 (Status: Closed, Listing ID: 7875066) Close Price: $820,000 County: Denver List Price: $820,000 Property Type: Residential Original List Price: $820,000 Property Subtype: Multi-Family Levels: Basement: Structure Type: Townhouse Year Built: Listing Contract Date: Purchase Contract Date: Contingency: Close Date (DIM): 03/18/2022 Days In MLS: 0 Association: Multiple: Cov/Rest: Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $3,496 Tax Year: 2020 Tax Legal Desc: HARMANS SUB BLK 1 ELY 18.37FT OF WLY 79.6FT OF S/2 PLOT 2 EXC S 6.25FT THEREOF Interior Area & SqFt 2,045 Living Area (SqFt Finished): 2,045 Above Grade Finished Area: 1,456 589 Below Grade Finished Area: 589 Below Grade Unfinished Area: 0 $401 PSF Finished: $401 PSF Above Grade: $563
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Exclusions: None Bedrooms Total: Baths Full:
3
Parking Total:
1
Bed & Bath Summary 3 Baths Half: Parking Garage Spaces: 1 Offstreet Spaces: Site & Location Information Building & Water Information Public Remarks
Bathrooms Total: Baths Three Quarter:
For comp purposes only. Buyer Agency Comp:
2.8%
List Agent: Sold Comp List Office: Sold Entered for Comps Only Email: soldcomp@recolorado.com Buyer Agent: Katherine Phillips Buyer Office: Queen City Properties Email: katherine.trinh@gmail.com Concessions: No Buyer Financing: Conventional
Confidential Information Dual Variable:
Baths One Quarter: 0
Submitted Prosp:
List Agent Phone: 303-850-9576 Mobile: Buyer Agent Phone: 303-956-3617 Mobile: 303-956-3617 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/12/2022 9:29:34 AM
471 Columbine Street, Denver, CO 80206 (Status: Closed, Listing ID: 4073556) Close Price: $850,100 County: Denver List Price: $750,000 Property Type: Residential Original List Price: $750,000 Property Subtype: Multi-Family Levels: Three Or More Basement: Yes Structure Type: Townhouse Year Built: 1974 Subdivision Name: Cherry Creek North Listing Contract Date: 04/21/2022 Purchase Contract Date: 04/25/2022 Contingency: None Known Close Date (DIM): 05/23/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $4,740.00 Tax Annual Amt: $2,994 Tax Year: 2021 Tax Legal Desc: CARRIAGE HOUSES AT CHERRY CREEK L7 A RESUB OF L3 TO 8 HARMANS SUB Interior Area & SqFt Building Area Total (SqFt Total): 1,672 Living Area (SqFt Finished): 1,672 Above Grade Finished Area: 1,408 Below Grade Total Area: 264 Below Grade Finished Area: 264 Below Grade Unfinished Area: 0 PSF Total: $508 PSF Finished: $508 PSF Above Grade: $604 Basement: Partial Bsmnt Ceiling Ht: Foundation: Block, Concrete Perimeter Fireplace: 1/Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Jack & Jill Bath, Laminate Counters, Pantry Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer Flooring: Carpet, Laminate, Tile Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $395.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Sewer, Snow Removal, Trash, Water Assoc Amenities: Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Number Limit, Yes Rentals Allowed: Long Term Site & Location Information Elementary School: Bromwell / Denver 1 Bldg/Complex Name: Carriage Houses at Cherry Creek Middle/Junior Sch: Morey / Denver 1 High School: East / Denver 1 Building & Water Information Architectural Style: Contemporary Construction Materials: Brick, Frame, Stucco, Wood Siding Roof: Unknown Exterior Features: Balcony, Rain Gutters Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Incredible opportunity to live in Cherry Creek North and next to Bromwell Elementary. 2-Car attached garage, raised stone patio/garden, master bedroom w/ balcony, lots of natural light, open floor to dining room and living room w/ gas fireplace. Well run HOA with community clubhouse and pool. Easy access to all the Cherry Creek has to offer. Well maintained and needing updates. Second refrigerator... Confidential Information Private Remarks: *** Please review OFFER FAQs in the supplements before submitting offer.*** Text for fastest response. Use all COVID-19 protocols to protect yourself and clients. Buyer & Buyer's Agent to confirm all data including but not limited to measurements, covenants/restrictions, HOA, taxes, schools, lot survey. CTM in use, please make visible and share all necessary documents/contracts. Include Lender Let Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Joseph Newman List Office: Compass - Denver Email:
joseph@thecoloradobroker.com
Buyer Agent: Bryon Horvath Buyer Office: Wild & Mild Homes LLC Email:
bryonhorvath@me.com
Concessions: No Buyer Financing: Cash
List Agent Phone: 720-841-7010 Mobile: 720-841-7010 Buyer Agent Phone: 303-903-7580 Mobile: 303-903-7580 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/12/2022 9:29:34 AM
471 Columbine Street, Denver, CO 80206
----
$850,100 - Closed
2450 E 5th Avenue Unit #H, Denver, CO 80206 (Status: Closed, Listing ID: 5958895) Close Price: $860,000 County: Denver List Price: $895,000 Property Type: Residential Original List Price: $895,000 Property Subtype: Multi-Family Levels: Three Or More Basement: Yes Structure Type: Townhouse Year Built: 1974 Subdivision Name: Cherry Creek Listing Contract Date: 05/13/2022 Purchase Contract Date: 05/22/2022 Contingency: None Known Close Date (DIM): 06/21/2022 Days In MLS: 9 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $4,740.00 Tax Annual Amt: $4,057 Tax Year: 2021 Tax Legal Desc: CARRIAGE HOUSES AT CHERRY CREEK L15 A RESUB OF L3 TO 8 HARMANS SUB Interior Area & SqFt Building Area Total (SqFt Total): 1,914 Living Area (SqFt Finished): 1,914 Above Grade Finished Area: 1,584 Below Grade Total Area: 330 Below Grade Finished Area: 330 Below Grade Unfinished Area: 0 PSF Total: $449 PSF Finished: $449 PSF Above Grade: $543 Basement: Finished, Partial Bsmnt Ceiling Ht: Heating: Forced Air, Hot Water, Natural Gas Cooling: Central Air HVAC Description: 2 furnaces Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Jet Action Tub, Open Floorplan, Primary Suite, Tile Counters, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer Flooring: Carpet, Tile, Wood Exclusions: Seller's personal belongings. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $395.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Long Term Site & Location Information Lot Features: Near Public Transit Elementary School: Bromwell / Denver 1 Bldg/Complex Name: Carriage Houses at Cherry Creek Middle/Junior Sch: Morey / Denver 1 High School: East / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: End Unit Direction Faces: West View: Construction Materials: Brick, Frame, Stucco Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Pristine townhome in the heart of highly desired Cherry Creek North! This exceptional unit resplendent with natural light offers an ideal floor plan featuring a sunny kitchen/dining combo adjoining the elegant living room through a charming half-wall with built-in shelving and dramatic columns. The brilliant upper level features an idyllic primary suite boasting dual closets and a lavish attached ... Confidential Information Private Remarks: Seller would prefer a 60-day rent back if possible. 2 furnaces = hot water heat on main floor and basement, and gas forced air on upper level. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Doug Kincaid List Office: RE/MAX of Cherry Creek Email:
dougkincaid@hotmail.com
Buyer Agent: Emily Johnson Buyer Office: West and Main Homes Inc Email:
emily@emilysellsdenver.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 303-594-8711 Mobile: 303-594-8711 Buyer Agent Phone: 303-704-3045 Mobile: 303-704-3045 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/12/2022 9:29:34 AM
2450 E 5th Avenue Unit #H, Denver, CO 80206
----
$860,000 - Closed
Listing Id is one of 5411732, 7875066, 4073556, 5958895 Property Type is 'Residential'
Residential Pending Properties Listing ID Address
City
5411732 456 University BLVD
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
3
4
1,658
2,250
2,250
06/19/22
$660
$487
$487
Averages:
1,658
2,250
2,250
$660
$487
$487
Count: 1
High $1,095,000
List Price:
Low $1,095,000
PSF Fin DIM Orig Price
1,095,000
4 4 $1,095,000
List Price
$1,095,000 $1,095,000
Median $1,095,000
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Denver
3
3
1,456
2,045
2,045
03/18/22
$563
$401
$401
0
Denver
2
2
1,408
1,672
1,672
05/23/22
$604
$508
$508
4
Denver
3
3
1,584
1,914
1,914
06/21/22
$543
$449
$449
Averages:
1,483
1,877
1,877
$570
$453
$453
9 4
Listing ID Address
City
7875066 524 University BLVD 4073556 471 Columbine ST 5958895 2450 E 5th AVE #H
Count: 3
Closed Price:
Report Totals
Presented By: Michael Jenkins Generated on: 07/12/2022
Count : 4
Averages:
High $860,000
SqFt Abv 1,527
SqFt Ttl 1,970
Low $820,000 Sqft Fin 1,970
PSF Abv $ 593
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
820,000
$820,000 $820,000
100%
750,000
$750,000 $850,100
113%
895,000
$895,000 $860,000
96%
$821,667
$821,667 $843,367
103%
Orig Price $890,000
List Price Close Price $890,000 $843,367
CP/OLP 103 %
Median $850,100 PSF Ttl
$461
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $461
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
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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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