CMA for Dain Miianc

Page 1

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 $775,000 with the market action index hovering around 100. This is about the same as last month's market action index of 100. Inventory has increased to 395.

Real-Time Market Profile Median List Price

$775,000

Market Action Index

Median Price of New Listings

$750,000

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$389

Average Days on Market

21

Median Days on Market

7

Price Decreased

22%

Price Increased

4%

Relisted

3%

Inventory

395

Median Rent

$2,545

Market Action

100

inventory. 50

40

Buyer's Market

60

20

80

10

on

100

100

90

ay Tod th

Las t

M

0

Seller's Market

70

30

Strong Seller's Market In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

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

$1,699,950

4,139

4,500 - 6,500 sqft

5

4

34

38

33

14

$875,000

2,388

4,500 - 6,500 sqft

4

3

71

46

49

7

$674,000

2,012

6,500 - 8,000 sqft

3

2

67

41

32

7

$515,000

1,320

4,500 - 6,500 sqft

3

2

68

54

50

0

Thu May 19 2022

2 of 6


Single-Family Homes

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

Denver, CO

Median List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $850K $800K $750K $700K $650K $600K $550K $500K May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Segments

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $2.5M

$2.0M

$1.5M

$1.0M

$500K

$0 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Thu May 19 2022

Jun 2021

Oct 2021

Feb 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

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $450

$400

$350

$300

$250 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 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 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Thu May 19 2022

4 of 6


Single-Family Homes

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

Denver, CO

Market Action Index

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb. 120

100

80

60

40

20 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120

100

80

60

40

20 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Thu May 19 2022

Jun 2021

Oct 2021

Feb 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 26 days. Half of the listings have come newly on the market in the past 4 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 May 2019

Oct 2019

Feb 2020

Jun 2020

Oct 2020

7-Day Average

Feb 2021

Jun 2021

Oct 2021

Feb 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125

100

75

50

25

0 May 2019

Oct 2019

Feb 2020

Top 90-Day

Jun 2020

Oct 2020

Upper 90-Day

Feb 2021

Lower 90-Day

Thu May 19 2022

Jun 2021

Oct 2021

Feb 2022

Bottom 90-Day

6 of 6


1441 S Clermont St, Denver, CO 80222-3610, Denver County APN: 6192-20-017

CLIP: 9931210613

Beds 2

Full Baths 1

Half Baths N/A

Sale Price N/A

Bldg Sq Ft 1,096

Lot Sq Ft 12,900

Yr Built 1945

Type SFR

Sale Date N/A

OWNER INFORMATION

Owner Name

Ferarese Debra K

Mailing ZIP 4

3610

Mailing Address

1441 S Clermont St

Mailing Carrier Route

C020

Mailing City & State

Denver, CO

Owner Occupied

Yes

Mailing Zip

80222

LOCATION INFORMATION

Property Zip

80222

Topography

Flat/Level

Property Zip4

3610

Neighborhood Code

Virginia Vill-0634

Property Carrier Route

C020

Neighborhood Name (OnBoard)

Virginia Village

School District

Denver County 1

Traffic

Local

Elementary School

Ellis

Township

04S

Middle School

Merrill

Range

67W

High School

South

Section

19

Subdivision

Wrights Sub

Quarter

NW

Zoning

S-SU-D

Block

29

Census Tract

155.00

Lot

36

PIN

6192-20-017

Tax District

DENV

Schedule Number

0619220017000

Legal Description

LTS 36 TO 39 WRIGHTS SUB OF B LK 29 CHERRY CREEK GARDENS

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$436,800

$436,800

$436,800

Market Value - Improved

$1,000

$1,000

$1,000

Market Value - Total

$437,800

$437,800

$437,800

Assessed Value - Land

$31,230

$31,230

$31,230

Assessed Value - Improved

$70

$70

$70

Assessed Value - Total

$31,300

$31,300

$31,300

YOY Assessed Change (%)

0%

0%

YOY Assessed Change ($)

$0

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,257

2020

$2,322

$65

2.88%

2021

$2,336

$13

0.57%

CHARACTERISTICS

Lot Acres

0.2961

Bedrooms

2

Lot Sq Ft

12,900

Baths - Total

1

Land Use - County

Single Family Resident

Baths - Full

1

Land Use - CoreLogic

SFR

Stories

1

Year Built

1945

Heat Type

Hot Water

Bldg Sq Ft - Above Ground

1,096

Patio Type

Concrete/Masonry Patio

Bldg Sq Ft - Total

1,096

Garage Type

Attached Garage

Bldg Sq Ft - Finished

1,096

Garage Sq Ft

528

Bldg Sq Ft - 1st Floor

1,096

Exterior

Frame

# Buildings

1

Quality

Average

Total Rooms

5

FEATURES

Feature Type

Size/Qty

Att Garage-Frm

528

Property Details

Courtesy of Elijah Schoettmer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 05/19/22 Page 1/2


Opn Prch-Frm

90

Opn Prch-Frm

133

Conc/Brck Patio

270

SELL SCORE

Rating

Low

Sell Score

373

Value As Of

2022-05-15 05:24:08

LAST MARKET SALE & SALES HISTORY

Owner Name

Ferarese Debra K

Sale Date

01/20/2022

07/06/2005

Nominal

Y

Y

Buyer

Ferarese Debra K

Ferarese Darlene M Trust

Seller

Ferarese Darlene M Trust

Ferarese Fred

Document Number

9432

123806

Document Type

Quit Claim Deed

Personal Representative's Deed

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Elijah Schoettmer, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 05/19/22 Page 2/2


Map of Property Locations

1420 S Birch Street, Denver, CO 80222 Listing Id: 6993694 Status: Closed 12/17/21 Price: $635,000 1 Subtype: SFR Ttl SqFt: 1,819 Bd/Bth: 3/2 Show #: 303-573-7469 1405 S Birch Street, Denver, CO 80222 Listing Id: 8344617 Status: Closed 01/07/22 Price: $565,000 3 Subtype: SFR Ttl SqFt: 1,126 Bd/Bth: 3/2 Show #: 303-573-7469 1450 S Bellaire Street, Denver, CO Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:

80222 2910345 Closed 04/11/22 $562,000 SFR 756 2/1 303-573-7469

1430 S Clermont Street, Denver, CO 80222 Listing Id: 1590576 Status: Closed 05/05/22 Price: $705,000 Subtype: SFR 2 Ttl SqFt: 1,159 Bd/Bth: 3/2 Show #: 3035737469 1570 S Ash Street, Denver, CO 80222 Listing Id: 7925559 Status: Closed 05/16/22 Price: $540,000 Subtype: SFR 4 Ttl SqFt: 1,074 Bd/Bth: 2/1 Show #: (303) 573-7469


Broker 1 Page 1420 S Birch Street, Denver, CO 80222 (Status: Closed, Listing ID: 6993694) Close Price: $635,000 County: Denver List Price: $599,900 Property Type: Residential Original List Price: $599,900 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1948 Subdivision Name: Virgina Village Listing Contract Date: 11/19/2021 Purchase Contract Date: 11/22/2021 Contingency: None Known Close Date (DIM): 12/17/2021 Days In MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,136 Tax Year: 2020 Tax Legal Desc: L 5 & 6 WRIGHTS SUB OF BLK 29 CHERRY CREEK GARDENS Interior Area & SqFt 1,819 Living Area (SqFt Finished): 1,507 Above Grade Finished Area: 1,507 312 Below Grade Finished Area: 0 Below Grade Unfinished Area: 312 $349 PSF Finished: $421 PSF Above Grade: $421 Bsmnt Ceiling Ht:

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Partial Heating: Forced Air Cooling: Air Conditioning-Room, Other HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, Primary Suite, Open Floorplan, Walk-In Closet(s) Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Laminate, Tile, Wood Exclusions: Seller's personal possessions and staged items Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.15 Acres / 6,450 SqFt Waterfront Feat: Lot Features: Level Elementary School: Ellis / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Architectural Style: Traditional Direction Faces: West View: Construction Materials: Block, Brick, Stucco, Vinyl Siding Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Tucked away in the charming Virginia Village neighborhood, this central Denver home effortlessly blends classic design with modern finishes. This gorgeous ranch showcases wood floors, graceful archways, and abundant natural light. Stainless steel appliances, granite tile counters, and maple cabinetry adorn the kitchen. Open the French doors to seamlessly join the indoors and outdoors as the eat-in... Confidential Information Private Remarks: Showings begin Saturday 9/20. In the event of multiple offers, seller requests all offers to be submitted by Sunday evening, with a response time of Monday at 3 PM. Seller has replaced the sewer line. New carpet and fresh paint. Furnace serviced and cleaned - in good working order. Radon report under EPA recommended guidelines. Roof replaced in 2009. Seller had structural engineer review the hom Buyer Agency Comp: 2.80% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.30%

List Agent: Katie Gade List Office: Coldwell Banker Global Luxury Denver Email:

katie.gade@devonshirehomes.com

Buyer Agent: Tom Sagona Buyer Office: LUX. Denver LLC Email:

tom@luxdenver.com

Concessions: Buyer Closing Costs/Seller Points Paid, $4,244 Buyer Financing: Conventional

List Agent Phone: 303-503-9109 Mobile: 303-503-9109 Buyer Agent Phone: 720-588-9806 Mobile: 720-588-9806 Close Information

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

Generated on: 05/19/2022 9:34:27 AM


Full Property View - Client

1420 S Birch Street, Denver, CO 80222

----

$635,000 - Closed


1430 S Clermont Street, Denver, CO 80222 (Status: Closed, Listing ID: 1590576) Close Price: $705,000 County: Denver List Price: $700,000 Property Type: Residential Original List Price: $700,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1955 Subdivision Name: Virginia Village Listing Contract Date: 03/31/2022 Purchase Contract Date: 04/04/2022 Contingency: None Known Close Date (DIM): 05/05/2022 Days In MLS: 4 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,198 Tax Year: 2021 Tax Legal Desc: S 15FT OF L 3 & TH N 45FT OF L 4 BLK 30 WILHELM RESUB OF BLK 30 CHERRY CREEK GARDENS Interior Area & SqFt Building Area Total (SqFt Total): 1,159 Living Area (SqFt Finished): 1,159 Above Grade Finished Area: 1,159 PSF Total: $608 PSF Finished: $608 PSF Above Grade: $608 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: 1/Gas, Living Room Heating: Forced Air Cooling: Evaporative Cooling HVAC Description: Interior Features: High Ceilings, High Speed Internet, No Stairs, Open Floorplan, Quartz Counters, Radon Mitigation System, T&G Ceilings, Vaulted Ceiling(s) Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer Flooring: Tile, Wood Furnished: Unfurnished Exclusions: Seller's Personal Property, Ring Doorbell, Security Cameras and Security System, Wood Shelves in Kitchen, Shelving in Garage Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 1 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.17 Acres / 7,320 SqFt Waterfront Feat: Lot Features: Level Elementary School: Ellis / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Architectural Style: Mid-Century Modern Direction Faces: West View: City Construction Materials: Wood Siding Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Located in the very popular Virginia Village, sitting on a large open lot lies this beautiful, light, and bright mid-century modern home. 1430 S Clermont charms with many of the original features and current luxuries. The original wood floors, the tongue and groove vaulted ceilings, the exposed beams, the floor-to-ceiling front windows, and the original mid-century modern in-kitchen barbecue all s... Confidential Information Private Remarks: All information deemed reliable, but not guaranteed. Buyer/Buyer's Agent to verify all information, including but not limited to: School District Information, Square Footage, and Construction Information. Agent is a CTM Agent, please submit all offers through CTM. Please include Lender Letter and/or Proof of Funds with all offers. There may or may not be security cameras on the property. Please ca Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%

List Agent: Anthony Muscatello List Office: Keller Williams Integrity Real Estate LLC Email:

anthonymuscatello@kw.com

Buyer Agent: Emily Roet Buyer Office: ROET REALTY Email: emily@roetrealty.com Co Buyer Agent: Charm Gilmore Co Buyer Office: ROET REALTY Email: charm@roetrealty.com Concessions: Buyer Closing Costs/Seller Points Paid, $7,500 Buyer Financing: Conventional

List Agent Phone: 720-545-6029 Mobile: 720-545-6029 Buyer Agent Phone: 303-717-4216 Mobile: 303-717-4216 Phone: 303-548-5288 Mobile: 303-548-5288 Close Information

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

Generated on: 05/19/2022 9:34:27 AM


1430 S Clermont Street, Denver, CO 80222

----

$705,000 - Closed

Original In-Kitchen Barbecue


1405 S Birch Street, Denver, CO 80222 (Status: Closed, Listing ID: 8344617) Close Price: $565,000 County: Denver List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1947 Subdivision Name: Virginia Village Listing Contract Date: 12/09/2021 Purchase Contract Date: 12/13/2021 Contingency: None Known Close Date (DIM): 01/07/2022 Days In MLS: 4 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,702 Tax Year: 2020 Tax Legal Desc: MILES SUB L22 Interior Area & SqFt Building Area Total (SqFt Total): 1,126 Living Area (SqFt Finished): 1,126 Above Grade Finished Area: 1,126 PSF Total: $502 PSF Finished: $502 PSF Above Grade: $502 Basement: Crawl Space Bsmnt Ceiling Ht: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Granite Counters, No Stairs, Open Floorplan, Smoke Free Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Tankless Water Heater, Washer Furnished: Unfurnished Exclusions: Trampoline. Garage Fridge Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.14 Acres / 6,250 SqFt Waterfront Feat: Lot Features: Level Elementary School: Ellis / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Direction Faces: East View: Construction Materials: Wood Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Charming ranch with many updates in desirable Virginia Village. Updates include new floors, furnace & central air-conditioning, bathroom, finished sun room, and 6' privacy fence. Includes a finished shed that can serve as an office, gym, or hide-away. 2 car garage. Tankless water heater. Sprinkler system. Walk to some of Denver’s top restaurants & shopping venues. Easy access to I-25, RTD, and Che... Confidential Information Private Remarks: Buyer and Buyer's Agent to verify all information and measurements. All offers must be submitted by 3 PM on Sunday, December 12 with an Acceptance Deadline of Monday, December 13 at 3 PM. Please include pre-approval and/or proof of funds with offers. Highest and best offers preferred over escalation clauses. Seller is related to Listing Agent. Please use booties indoors if wet or muddy outside. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2%

List Agent: Luis Hernandez List Office: Silva-Markham Partners, LLC Email:

LHernandez@Silva-Markham.com

Buyer Agent: Matthew Metcalf Buyer Office: Simply Denver Email:

Matt@SimplyDenverHomes.com

Concessions: Buyer Credit/Incentives, $3,100 Buyer Financing: Conventional

List Agent Phone: 720-445-5847 Mobile: 720-445-5847 Buyer Agent Phone: 720-386-1800 Mobile: 720-260-0180 Close Information

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

Generated on: 05/19/2022 9:34:27 AM


1405 S Birch Street, Denver, CO 80222

----

$565,000 - Closed

Front Exterior

Front Exterior

Front Entry

Living Room

Living Room

Kitchen

Kitchen

Kitchen

Sun Room

Master Bedroom

Master Bedroom

Master Bedroom

Master Bedroom

Master Bathroom

Bedroom 1

Bedroom 1

Bedroom 1

Bathroom


1570 S Ash Street, Denver, CO 80222 (Status: Closed, Listing ID: 7925559) Close Price: $540,000 County: Denver List Price: $519,999 Property Type: Residential Original List Price: $519,999 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1952 Subdivision Name: Virginia Village Listing Contract Date: 04/06/2022 Purchase Contract Date: 04/22/2022 Contingency: None Known Close Date (DIM): 05/16/2022 Days In MLS: 7 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,970 Tax Year: 2021 Tax Legal Desc: L 9 DENNINGS SUB #2 Interior Area & SqFt Building Area Total (SqFt Total): 1,074 Living Area (SqFt Finished): 1,074 Above Grade Finished Area: 1,074 PSF Total: $503 PSF Finished: $503 PSF Above Grade: $503 Foundation: Fireplace: 1/Family Room Heating: Baseboard, Forced Air, Natural Gas Cooling: Evaporative Cooling HVAC Description: Interior Features: Pantry, Smoke Free Appliances: Dishwasher, Range, Refrigerator Flooring: Carpet, Wood Exclusions: Seller`s personal property, chicken coop, washer and dryer. Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.14 Acres / 6,250 SqFt Waterfront Feat: Lot Features: Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Elementary School: Ellis / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Direction Faces: West View: Construction Materials: Frame, Vinyl Siding Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks If you are looking for a cute and cozy home, put this single-family ranch on the top of your list! This home features a wood burning fireplace, hardwood flooring throughout most of the home, a flex room, great natural light, and a detached 2 car garage. The original garage was previously converted into a wonderful flex space with a loft. Great for office use, a kid's playroom, a gym, or whatever y... Confidential Information Private Remarks: Showings are to start Thursday at 9:00 AM. Please follow all recommended COVID guidelines, if ill or buyers are not feeling well please do not show. All showings must be accompanied by a licensed real estate agent. Call the agent with any questions. Sellers prefer 30 to 60 days of rent back while they search for their replacement home. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.0% List Agent: Miguel Herrera List Office: You 1st Realty Email: MigSellsDenver@gmail.com Buyer Agent: Jeffrey Los Buyer Office: MB Liberty Associates LLC Email:

losjef@gmail.com

Concessions: Buyer Closing Costs/Seller Points Paid, $4,500 Buyer Financing: Conventional

List Agent Phone: 720-240-8924 Mobile: 720-240-8924 Buyer Agent Phone: 720-862-7498 Mobile: 720-862-7498 Close Information

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

Generated on: 05/19/2022 9:34:27 AM


1570 S Ash Street, Denver, CO 80222

----

$540,000 - Closed


1450 S Bellaire Street, Denver, CO 80222 (Status: Closed, Listing ID: 2910345) Close Price: $562,000 County: Denver List Price: $500,000 Property Type: Residential Original List Price: $500,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1951 Subdivision Name: Virginia Village Listing Contract Date: 03/24/2022 Purchase Contract Date: 03/27/2022 Contingency: None Known Close Date (DIM): 04/11/2022 Days In MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,834 Tax Year: 2020 Tax Legal Desc: L 6 MILES SUB Interior Area & SqFt Building Area Total (SqFt Total): 756 Living Area (SqFt Finished): 756 Above Grade Finished Area: 756 PSF Total: $743 PSF Finished: $743 PSF Above Grade: $743 Basement: Crawl Space Bsmnt Ceiling Ht: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Radon Mitigation System, Smoke Free Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Flooring: Tile, Wood Exclusions: Seller`s personal property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 1 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.14 Acres / 6,250 SqFt Waterfront Feat: Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear Elementary School: Ellis / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 Building & Water Information Construction Materials: Brick Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks Welcome to this charming brick ranch in highly desirable Virginia Village! This home has been lovingly cared for and upgraded with tasteful finishes. As you enter, you're greeted by the living room with a west-facing picture window that provides an abundance of sunshine. The eat-in kitchen has been fully remodeled with luxurious finishes including stainless steel Bosch appliances and Carrara marbl... Confidential Information Private Remarks: Please call Kylie Kaspar at 303-910-7714 with any questions on the listing or prior to submitting an offer. In the event of multiple offers, Sellers have requested an offer deadline of Sunday, March 27th at 5pm with an acceptance deadline of Monday, March 28th at 10:00am. Sellers prefer a rent back through June 10th. Refrigerator in attached garage is included. Buyer love letters will not be revie Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Kylie Kaspar List Office: Compass - Denver Email: kylie@newillkaspargroup.com Co List Agent: Lucy Rozansky Newill Co List Office: Compass - Denver Email:

lucy@newillkaspargroup.com

Buyer Agent: Erminio Mantelli Buyer Office: Porchlight Real Estate Group Email:

erminio@erminiomantelli.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 303-910-7714 Mobile: 303-910-7714 Phone: 301-440-0147 Mobile: 301-440-0147 Buyer Agent Phone: 303-809-8694 Mobile: 303-809-8694 Close Information

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

Generated on: 05/19/2022 9:34:27 AM


1450 S Bellaire Street, Denver, CO 80222

----

$562,000 - Closed


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/19/2022 to 11/20/2021 Latitude, Longitude is within 0.25 mi of

1441 S Clermont St, Denver, CO 80222, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 10 Properties have been discarded.

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Denver

2

1

1,074

1,074

1,074

05/16/22

$503

$503

$503

2910345 1450 S Bellaire ST

Denver

2

1

756

756

756

04/11/22

$743

$743

8344617 1405 S Birch ST

Denver

3

2

1,126

1,126

1,126

01/07/22

$502

6993694 1420 S Birch ST

Denver

3

2

1,507

1,819

1,507

12/17/21

$421

1590576 1430 S Clermont ST

Denver

3

2

1,159

1,159

1,159

05/05/22

Averages:

1,124

1,187

1,124

Listing ID Address

City

7925559 1570 S Ash ST

Count: 5

Closed Price:

Report Totals

Presented By: Elijah Schoettmer Generated on: 05/19/2022

Count : 5

Averages:

High $705,000

SqFt Abv 1,124

SqFt Ttl 1,187

List Price Close Price

CP/OLP

7

519,999

$519,999 $540,000

104%

$743

3

500,000

$500,000 $562,000

112%

$502

$502

4

525,000

$525,000 $565,000

108%

$349

$421

3

599,900

$599,900 $635,000

106%

$608

$608

$608

$700,000 $705,000

101%

$556

$541

$556

4 4

700,000 $568,980

$568,980 $601,400

106%

Orig Price $568,980

List Price Close Price $568,980 $601,400

CP/OLP 106 %

Low $540,000 Sqft Fin 1,124

PSF Abv $ 556

PSF Fin DIM Orig Price

Median $565,000 PSF Ttl

$541

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

PSF Fin $556

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


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