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.
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