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 $729,950 with the market action index hovering around 83. This is less than last month's market action index of 93. Inventory has increased to 828.
Real-Time Market Profile Median List Price
$729,950
Market Action Index
Median Price of New Listings
$677,500
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$371
Average Days on Market
25
Median Days on Market
14
Price Decreased
41%
Price Increased
2%
Relisted
5%
Inventory
828
Median Rent
$2,797
Market Action
83
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
83
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
$1,600,000
4,017
4,500 - 6,500 sqft
4
4
58
43
18
14
$849,900
2,322
4,500 - 6,500 sqft
4
3
73
56
36
14
$639,000
2,056
4,500 - 6,500 sqft
3
2
66
53
36
14
$489,900
1,413
6,500 - 8,000 sqft
3
2
67
74
49
14
Tue Jul 05 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
The market appears to be 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
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
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
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Tue Jul 05 2022
Jul 2021
Nov 2021
Mar 2022
Jul 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. $450
$400
$350
$300
$250 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
Tue Jul 05 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
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
Tue Jul 05 2022
Jul 2021
Nov 2021
Mar 2022
Jul 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 23 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
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. 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
Tue Jul 05 2022
Jul 2021
Nov 2021
Mar 2022
Jul 2022
Bottom 90-Day
6 of 6
6660 E Mississippi Ave #8, Denver, CO 80224-1847, Denver County APN: 6201-24-008
CLIP: 2314035434
MLS Beds 2
MLS Full Baths 1
Half Baths N/A
MLS Sale Price $305,000
MLS Sq Ft 1,203
Lot Sq Ft N/A
Yr Built 1978
Type CONDO
MLS Sale Date 08/04/2020
OWNER INFORMATION
Owner Name
Rot John
Mailing Zip
80224
Owner Name 2
Raizen Adina
Mailing ZIP 4
1847
Mailing Address
6660 E Mississippi Ave #8
Mailing Carrier Route
C050
Mailing City & State
Denver, CO
Owner Occupied
Yes
Property Zip
80224
Census Tract
50.04
Property Zip4
1847
Topography
Flat/Level
Property Carrier Route
C050
Neighborhood Code
Virginia Vale-0628
School District
Denver County 1
Neighborhood Name (OnBoard)
Washington Virginia Vale
Elementary School
Mcmeen
Traffic
Curb / Gut
Middle School
Hill
Township
04S
High School
George Washington
Range
67W
Subdivision
Club Monaco Flg 02 Bldg 44
Section
20
Zoning
R-2-A
Quarter
NE
PIN
6201-24-008
% Improved
92%
Schedule Number
0620124008008
Tax District
DENV
Legal Description
UNIT 8 BLDG 44 GAR 1 CLUB MO NACO FLG 2
LOCATION INFORMATION
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$21,400
$21,400
$21,400
Market Value - Improved
$237,100
$204,000
$204,000
Market Value - Total
$258,500
$225,400
$225,400
Assessed Value - Land
$1,530
$1,530
$1,530
Assessed Value - Improved
$16,950
$14,590
$14,590
Assessed Value - Total
$18,480
$16,120
$16,120
YOY Assessed Change (%)
14.64%
0%
YOY Assessed Change ($)
$2,360
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,163
2020
$1,196
$34
2.88%
2021
$1,379
$183
15.29%
CHARACTERISTICS
Land Use - County
Condo Dwelling/Units
Baths - Total
2
Land Use - CoreLogic
Condominium
MLS Total Baths
2
Style
Row House
Baths - Full
Tax: 2 MLS: 1
Year Built
1978
Stories
Tax: 1 MLS: 2
Bldg Sq Ft - Above Ground
1,203
Fireplace
Y
Bldg Sq Ft - Total
1,203
Cooling Type
Central
Bldg Sq Ft - Finished
1,203
Heat Type
Warm Air
Bldg Sq Ft - 1st Floor
870
Patio Type
Wood Deck
Bldg Sq Ft - 2nd Floor
333
Garage Type
Parking Avail
# Buildings
1
Garage Capacity
1
Total Rooms
4
Exterior
Frame
Bedrooms
Tax: 1 MLS: 2
Quality
Average
FEATURES
Feature Type
Property Details
Size/Qty
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: 07/05/22 Page 1/3
Wd Deck
60
Wd Deck
70
SELL SCORE
Rating
Low
Sell Score
501
Value As Of
2022-07-03 06:46:16
ESTIMATED VALUE
RealAVM™
$356,700
Confidence Score
83
RealAVM™ Range
$321,030 - $392,370
Forecast Standard Deviation
10
Value As Of
06/06/2022
(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
6326154
MLS Close Price
$305,000
MLS Days On Market
56
MLS Listing Contract Date
05/06/2020
MLS Source
REcolorado
MLS Close Date
08/04/2020
MLS Status
Closed
MLS List Office Name
LIV SOTHEBY'S INTERNATIONAL REALTY
MLS Status Change Date
08/04/2020
MLS List Agent Full Name
006041-Elaine Swomley
MLS Current Price
$310,000
MLS Buyer Agent Full Name
047716-Jessica Zalkin
MLS Original List Price
$324,995
MLS Buyer Office Name
EXP REALTY, LLC
MLS Listing #
5166548
MLS Source History
REcolorado
MLS Status
Closed
MLS Listing Price
$180,000
MLS Orig Listing Price
$180,000
MLS Listing Close Price
$215,500
MLS Listing Date
03/23/2018
MLS Close Date
04/26/2018
LAST MARKET SALE & SALES HISTORY
Sale Date
08/04/2020
Deed Type
Special Warranty Deed
Sale Price
$305,000
Owner Name
Rot John
Price per SqFt - Finished
$253.53
Owner Name 2
Raizen Adina
Document Number
122499
Seller
Swomley Maxwell A & Benjamin C
Sale Date
08/04/2020
04/13/2018
02/10/1992
Sale Price
$305,000
$215,500
$52,672
Buyer
Rot John
Swomley Maxwell A & Benjamin C
Beck Miles R & Berlin Steven J
Buyer
Raizen Adina
Swomley Benjamin C
Beck Berlin Steven J
Seller
Swomley Maxwell A & Benjamin C
Beck Miles R
Penner Joel M
Document Number
122499
49274
13428
Document Type
Special Warranty Deed
Warranty Deed
Warranty Deed
Title Company
First American Mtg Solutions
Heritage Title Co.
MORTGAGE HISTORY
Mortgage Date
08/10/2020
04/27/2018
Mortgage Amount
$270,000
$204,725
Mortgage Lender
Home Mtg Alliance
Nest Hm Lndg LLC
Borrower
Rot John
Swomley Maxwell A
Borrower
Raizen Adina
Swomley Benjamin C
Mortgage Type
Conventional
Conventional
Mortgage Purpose
Resale
Resale
Mortgage Term
30
30
Mortgage Term
Years
Years
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: 07/05/22 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: 07/05/22 Page 3/3
Map of Property Locations
6680 E Mississippi Avenue Unit #6, Denver, CO 80224 Listing Id: 3880317 Status: Active 06/09/22 Price: $379,000 1 Subtype: MLF Ttl SqFt: 1,203 Bd/Bth: 2/2 Show #: 888-808-0331 6550 E Mississippi Avenue Unit #10, Denver, CO 80224 Listing Id: 9890225 Status: Closed 06/13/22 Price: $352,000 3 Subtype: CON Ttl SqFt: 1,045 Bd/Bth: 2/2 Show #: 1250 S Monaco Parkway Unit #87, Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80224 2361164 Closed 01/10/22 $310,000 MLF 944 2/2 303-573-7469
6660 E Mississippi Avenue Unit #4, Denver, CO 80224 Listing Id: 8458264 Status: Closed 03/10/22 Price: $374,500 Subtype: MLF 2 Ttl SqFt: 1,264 Bd/Bth: 2/2 Show #: 800-746-9464 6650 E Arizona Avenue Unit #158, Listing Id: Status: Price: Subtype: 4 Ttl SqFt: Bd/Bth: Show #:
Denver, CO 80224 3214327 Closed 02/11/22 $318,500 MLF 944 2/2 303-746-9464
Broker 1 Page 6680 E Mississippi Avenue Unit #6, Denver, CO 80224 (Status: Active, Listing ID: 3880317) County: Denver List Price: $379,000 Property Type: Residential Original List Price: $379,000 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Low Rise (1-3) Year Built: 1978 Subdivision Name: Club Monaco Flg 02 Bldg 44 Listing Contract Date: 06/09/2022 Days In MLS: 10 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $3,648.00 Tax Annual Amt: $1,379 Tax Year: 2021 Tax Legal Desc: UNIT 6 BLDG 45 GAR 3 CLUB MONACO FLG 2 Interior Area & SqFt 1,203 Living Area (SqFt Finished): 1,203 Above Grade Finished Area: 1,203 $315 PSF Finished: $315 PSF Above Grade: $315 Fireplace: 1/Great Room
Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Granite Counters, High Speed Internet, Open Floorplan, Primary Suite, Smoke Free, Vaulted Ceiling(s), Wired for Data Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Vinyl Exclusions: Seller's Personal Property & any staging items. 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: $304.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Yes Rentals Allowed: Site & Location Information Elementary School: McMeen / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Stairs Common Walls: 2+ Common Walls Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Welcome to this beautifully remodeled home with so much attention to detail! Just to list a few of the wonderful upgrades, such as custom cabinetry and slab granite in the kitchen, backsplash, and stainless appliances. The new high end vinyl flooring throughout the main floor gives style and low maintenance, and the remaining spaces have brand new carpeting. Even down to new oil rubbed bronze d... Confidential Information Private Remarks: ~Buyer got cold feet! Already through inspection!. Vacant and easy to show. A full list of upgrades is in supplemental documents. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: RE/MAX Professionals Possession: Immediately Contract Min Earnest: $4,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: WFG National Title Ownership: Individual Showing Information Showing Service: Showing Contact Phone:
BrokerBay 888-808-0331
List Agent: Kelly Nichols List Office: RE/MAX Professionals Email:
Show Email:
No Showings Until: List Agent Phone: 303-973-3313 Mobile: 303-550-3227
KELLYNICHOLS@REMAX.NET Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/05/2022 1:08:16 PM
Full Property View - Client
6680 E Mississippi Avenue Unit #6, Denver, CO 80224
----
$379,000 - Active
6660 E Mississippi Avenue Unit #4, Denver, CO 80224 (Status: Closed, Listing ID: 8458264) Close Price: $374,500 County: Denver List Price: $315,000 Property Type: Residential Original List Price: $315,000 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Low Rise (1-3) Year Built: 1978 Subdivision Name: Club Monaco Listing Contract Date: 02/18/2022 Purchase Contract Date: 02/22/2022 Contingency: None Known Close Date (DIM): 03/10/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $3,648.00 Tax Annual Amt: $1,209 Tax Year: 2020 Tax Legal Desc: UNIT 4 BLDG 44 GAR 5 CLUB MONACO FLG 2 Interior Area & SqFt Building Area Total (SqFt Total): 1,264 Living Area (SqFt Finished): 1,264 Above Grade Finished Area: 1,264 PSF Total: $296 PSF Finished: $296 PSF Above Grade: $296 Foundation: Fireplace: 1/Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Tile, Wood Exclusions: Seller`s personal property, staging items 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: $304.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.04 Acres / 1,700 SqFt Waterfront Feat: Elementary School: McMeen / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Penthouse Common Walls: End Unit Direction Faces: East View: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks This spacious updated Virginia Vale 2 bed 2 bath condo is ready for you to move right in! Perfect central location with convenient access to just about anywhere in the metro area. 15 minutes to the Tech Center, 20 minutes to Downtown and the Cherry Creek bike path is just a few blocks away! Open floorplan with updated kitchen and stainless appliances. The living room is super comfortable with desi... Confidential Information Private Remarks: Agents, while putting up my marketing, I noticed a small drip coming in from the fireplace insert. I notified the owners who had not had such an issue in their years of ownership. They have contacted the HOA to solve the issue and it is being addressed. Please call me if you have any questions. Please remove shoes if wet weather, leave lights as you found them and lock up when done showing. Please Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%
List Agent: Jason Rossi List Office: Colorado Home Realty Email:
jasonrossirealtor@gmail.com
Buyer Agent: Vesta Homes Buyer Office: Kentwood Real Estate Cherry Creek Email:
VestaHomes@kentwood.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 303-668-0385 Mobile: 303-668-0385 Buyer Agent Phone: 303-501-3337 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/05/2022 1:08:16 PM
6660 E Mississippi Avenue Unit #4, Denver, CO 80224
----
$374,500 - Closed
6550 E Mississippi Avenue Unit #10, Denver, CO 80224 (Status: Closed, Listing ID: 9890225) Close Price: $352,000 County: Denver List Price: $335,000 Property Type: Residential Original List Price: $335,000 Property Subtype: Condominium Levels: Two Basement: No Structure Type: Patio/Cluster Year Built: 1979 Subdivision Name: Club Monaco Listing Contract Date: 05/26/2022 Purchase Contract Date: 05/29/2022 Contingency: None Known Close Date (DIM): 06/13/2022 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $3,648.00 Tax Annual Amt: $1,341 Tax Year: 2021 Tax Legal Desc: UNIT 10 BLDG 38 CLUB MONACO CONDOS SIXTH FLG Interior Area & SqFt 1,045 Living Area (SqFt Finished): 1,045 Above Grade Finished Area: 1,045 $337 PSF Finished: $337 PSF Above Grade: $337 Fireplace: 1/Living Room
Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, High Ceilings, Open Floorplan, Quartz Counters, Smoke Free, Vaulted Ceiling(s) Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Vinyl Exclusions: None 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: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Association Information Assoc 1 Fee/Frequency: $304.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash, Water Assoc Amenities: Clubhouse, Parking, Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Long Term Site & Location Information Elementary School: McMeen / Denver 1 Bldg/Complex Name: Club Monaco Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: 2/Exterior Access Common Walls: End Unit Construction Materials: Frame Roof: Composition Exterior Features: Balcony Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Beautiful remodeled 2-story condo with a huge deck nestled in a quiet community near parks, trails, and all Cherry Creek has to offer! Upon entry you'll be dazzled by dramatic vaults, new vinyl plank flooring, large brick fireplace, and a Great Room floorplan perfect for entertaining! The living room features a sliding glass door to the expansive deck for Summer sunsets. The kitchen sports stainle... Confidential Information Private Remarks: Showings begin Friday 5/27. Please have any offers submitted by 5pm on Sunday 5/29, with acceptance of Monday 5/30 at Noon MST. Quick closing and minimal inspection items preferred! There is a Federal Pacific (or similar) panel on the outdoor deck. Seller is willing to give a credit for this item, but will not replace before closing. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5% List Agent: Adam Haman List Office: Your Castle Real Estate Inc Email: adamhaman@yahoo.com Buyer Agent: Colin Gilliland Buyer Office: COLDWELL BANKER REALTY Email:
Colin@corepropertygroupre.com
Concessions: Buyer Closing Costs/Seller Points Paid, $2,250 Buyer Financing: Conventional
List Agent Phone: 303-550-5949 Mobile: 303-550-5949 Buyer Agent Phone: Mobile: 970-980-8433 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/05/2022 1:08:16 PM
6550 E Mississippi Avenue Unit #10, Denver, CO 80224
----
$352,000 - Closed
6650 E Arizona Avenue Unit #158, Denver, CO 80224 (Status: Closed, Listing ID: 3214327)
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Central Air Exclusions: None
County: Denver Property Type: Residential Property Subtype: Multi-Family Levels: Two Structure Type: Townhouse Subdivision Name: Raintree Listing Contract Date: 01/05/2022 Purchase Contract Date: 01/09/2022 Close Date (DIM): 02/11/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: N Tax Annual Amt: $548 Tax Legal Desc: RAINTREE B2 L46 Interior Area & SqFt 944 Living Area (SqFt Finished): 944 $337 PSF Finished: $337
Close Price: List Price: Original List Price:
$318,500 $300,000 $300,000
Basement: Year Built:
No 1973
Contingency:
None Known
Assoc Fee Tot Annl: Tax Year:
$3,900.00 2020
Above Grade Finished Area: PSF Above Grade:
944 $337
HVAC Description:
Bed & Bath Summary 2 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $325.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Elementary School: McMeen / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Architectural Style: Contemporary Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Welcome home to this beautifully updated townhouse-style condo! Everything has been done so all you need to do is move right in. The main floor features an open floor plan with all new engineered wood flooring, new paint, open kitchen with new quartz counters and custom tile backsplash, and a completely remodeled half bath. Upstairs you will find 2 ample sized bedrooms and a full bathroom, all wit... Confidential Information Private Remarks: **MULTIPLE OFFERS RECEIVED - PLEASE SUBMIT ALL OFFERS BY 3:00PM SUNDAY 1/9 WITH ACCEPTANCE DEADLINE 1/10** Owner is Metro 21 Real Estate, LLC with Lucas Akers, Principal, as signer. Seller is a licensed real estate broker in the state of Colorado. Seller has never occupied property and has no knowledge of property history. Please follow current COVID showing guidelines. All offers must be accompa Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.0% Bedrooms Total: Baths Full:
2 1
Bathrooms Total: Baths Three Quarter:
List Agent: Lucas Akers List Office: Metro 21 Real Estate Group Email:
lucas@homefindersofdenver.com
Buyer Agent: IRES Agent Non-REcolorado Buyer Office: NON MLS PARTICIPANT Email: Concessions: Cash, $500 Buyer Financing: Conventional
List Agent Phone: 303-430-4663 Mobile: 303-870-0500 Buyer Agent Phone: Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/05/2022 1:08:16 PM
6650 E Arizona Avenue Unit #158, Denver, CO 80224
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$318,500 - Closed
1250 S Monaco Parkway Unit #87, Denver, CO 80224 (Status: Closed, Listing ID: 2361164) Close Price: $310,000 County: Denver List Price: $310,000 Property Type: Residential Original List Price: $310,000 Property Subtype: Multi-Family Levels: Two Basement: No Structure Type: Townhouse Year Built: 1972 Subdivision Name: Raintree Listing Contract Date: 12/10/2021 Purchase Contract Date: 12/11/2021 Contingency: None Known Close Date (DIM): 01/10/2022 Days In MLS: 1 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $4,020.00 Tax Annual Amt: $1,074 Tax Year: 2020 Tax Legal Desc: RAINTREE B1 L87 Interior Area & SqFt Building Area Total (SqFt Total): 944 Living Area (SqFt Finished): 944 Above Grade Finished Area: 944 PSF Total: $328 PSF Finished: $328 PSF Above Grade: $328 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Tile, Vinyl Exclusions: Sellers 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: 1 Garage Spaces: 1 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $335.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Elementary School: McMeen / Denver 1 Bldg/Complex Name: Raintree Middle/Junior Sch: Hill / Denver 1 High School: George Washington / Denver 1 Building & Water Information Architectural Style: Contemporary Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks The lovely townhome in the Southeast Denver area, with well maintained, park-like grounds. You will walk into an open concept main floor with modern vinyl flooring that runs through the first level. Big windows that provide lots of natural light. Newly Textured walls and ceilings (No Popcorn Ceilings). Newly Painted, Spacious family room. NEWLY REMODELED BRIGHT WHITE KITCHEN!!! Can Lighting. Gorge... Confidential Information Private Remarks: Showings on Tuesday, Thursday, Saturday and Sunday Only Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Steve Melnick List Office: Keller Williams DTC Email:
stevenlmelnick@gmail.com
Buyer Agent: Emily Chaney Buyer Office: BSW Real Estate, LLC Email:
emily@hello303.com
Concessions: No Buyer Financing: FHA
List Agent Phone: 303-478-4125 Mobile: 303-478-4125 Buyer Agent Phone: 303-564-3534 Mobile: 303-564-3534 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 07/05/2022 1:08:17 PM
1250 S Monaco Parkway Unit #87, Denver, CO 80224
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$310,000 - Closed
Charming 2 Bedroom Townhome with Attached Garage
Open Concept Main Floor w/Vinyl Flooring Throughout the First Level
Spacious Living Room w/Lots of Light NEWLY PAINTED
Newly Textured Walls and Ceiling (No Popcorn Ceilings)
Lots of Natural Light
TOTAL REMODE, BRIGHT WHITE KITCHEN w/Decorous Can Lighting
STAINLESS STEEL REFRIGERATOR, DISHWASHER, STOVE/OVEN and BUILT IN MICROWAVE. Under Mount Stainless Steel Sink.
All New Paint.
NEW, WHITE CABINETS, DRAWERS and Pantry w/SOFT CLOSE FEATURE!
Main Floor Half Bath with Updated Vanity, Vinyl Flooring. Laundry Area with Full Size, Stackable Washer & Dryer
Amble Size Master Bedroom
Master Bedroom Walk in Closet
Freshly Painted, Spacious Second Bedroom
REMODELED Upper Level Full Bedroom w/New Vanity, Tile Floor, and Tile Surrounded Shower.
Attached Garage w/1 Parking Space
Property Type is 'Residential' Mls Status is one of 'Active', 'Coming Soon', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/05/2022 to 01/06/2022 Latitude, Longitude is
within 0.25 mi of 6660 E Mississippi Ave, Denver, CO 80224, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 50 Properties have been discarded.
Residential Active Properties Listing ID Address
City
3880317 6680 E Mississippi AVE #6
Denver
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
2
2
1,203
1,203
1,203
06/09/22
$315
$315
$315
Averages:
1,203
1,203
1,203
$315
$315
$315
Count: 1
High $379,000
List Price:
Low $379,000
PSF Fin DIM Orig Price
10 10
List Price
379,000
$379,000
$379,000
$379,000
Median $379,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
2361164 1250 S Monaco PKWY #87
Denver
2
2
944
944
944
01/10/22
$328
$328
$328
3214327 6650 E Arizona AVE #158
Denver
2
2
944
944
944
02/11/22
$337
$337
9890225 6550 E Mississippi AVE #10
Denver
2
2
1,045
1,045
1,045
06/13/22
$337
8458264 6660 E Mississippi AVE #4
Denver
2
2
1,264
1,264
1,264
03/10/22
$296
Averages:
1,049
1,049
1,049
$325
Count: 4
Closed Price:
Report Totals
Presented By: Michael Jenkins Generated on: 07/05/2022
Count : 5
Averages:
High $374,500
SqFt Abv 1,080
SqFt Ttl 1,080
List Price Close Price
CP/OLP
1
310,000
$310,000 $310,000
100%
$337
4
300,000
$300,000 $318,500
106%
$337
$337
3
335,000
$335,000 $352,000
105%
$296
$296
315,000
$315,000 $374,500
119%
$325
$325
4 3
$315,000
$315,000 $338,750
108%
Orig Price $327,800
List Price Close Price $327,800 $338,750
CP/OLP 108 %
Low $310,000 Sqft Fin 1,080
PSF Abv $ 323
PSF Fin DIM Orig Price
Median $335,250 PSF Ttl
$323
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $323
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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