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 $735,000 with the market action index hovering around 87. This is less than last month's market action index of 96. Inventory has increased to 741.
Real-Time Market Profile Median List Price
$735,000
Market Action Index
Median Price of New Listings
$699,900
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$370
Average Days on Market
25
Median Days on Market
14
Price Decreased
38%
Price Increased
2%
Relisted
5%
Inventory
741
Median Rent
$2,750
Market Action
87
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
87
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
$1,650,000
3,989
4,500 - 6,500 sqft
4
4
64
52
36
14
$850,000
2,352
4,500 - 6,500 sqft
4
3
71
52
31
14
$649,900
2,038
4,500 - 6,500 sqft
3
2
65
55
36
14
$490,000
1,350
4,500 - 6,500 sqft
3
2
67
67
69
14
Thu Jun 30 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
Jun 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
Thu Jun 30 2022
Jul 2021
Nov 2021
Mar 2022
Jun 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 Jul 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
Jun 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
Jun 2022
90-Day Average
Thu Jun 30 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
Jun 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
Thu Jun 30 2022
Jul 2021
Nov 2021
Mar 2022
Jun 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 24 days. Half of the listings have come newly on the market in the past 7 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
Jun 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
Thu Jun 30 2022
Jul 2021
Nov 2021
Mar 2022
Jun 2022
Bottom 90-Day
6 of 6
4800 Quivas St, Denver, CO 80221-1555, Denver County APN: 2163-26-017
Expired Listing
CLIP: 9419999647
MLS Beds 3
MLS Full Baths 1
Half Baths N/A
Sale Price $290,000
MLS Sq Ft 1,064
Lot Sq Ft 5,620
Yr Built 1947
Type SFR
Sale Date 06/08/2015
OWNER INFORMATION
Owner Name
Portillo Mario
Mailing ZIP 4
1555
Mailing Address
4800 Quivas St
Mailing Carrier Route
C006
Mailing City & State
Denver, CO
Owner Occupied
Yes
Mailing Zip
80221
LOCATION INFORMATION
Property Zip
80221
Topography
Flat/Level
Property Zip4
1555
Neighborhood Code
Zuni Park-0205
Property Carrier Route
C006
Traffic
Local
School District
Denver County 1
Township
03S
Elementary School
Beach Court
Range
68W
Middle School
Denver Montessori
Section
16
High School
North
Quarter
SW
Subdivision
Chaffee Park Heights
Block
4
Zoning
E-SU-B
Lot
17
Census Tract
2.01
TAX INFORMATION
PIN
2163-26-017
% Improved
55%
Schedule Number
0216326017000
Tax District
DENV
Legal Description
CHAFFEE PARK HEIGHTS B4 L17
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$167,200
$167,200
$167,200
Market Value - Improved
$207,300
$207,300
$155,100
Market Value - Total
$374,500
$374,500
$322,300
Assessed Value - Land
$11,950
$11,960
$11,960
Assessed Value - Improved
$14,820
$11,090
$11,090
Assessed Value - Total
$26,770
$23,050
$23,050
YOY Assessed Change (%)
16.14%
0%
YOY Assessed Change ($)
$3,720
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,662
2020
$1,710
$48
2.88%
2021
$1,998
$287
16.8%
CHARACTERISTICS
Lot Acres
0.129
Bedrooms
3
Lot Sq Ft
5,620
Baths - Total
2
Land Use - County
Single Family Resident
MLS Total Baths
2
Land Use - CoreLogic
SFR
Baths - Full
Tax: 2 MLS: 1
Year Built
1947
Stories
Tax: 1.5 MLS: 1
Bldg Sq Ft - Above Ground
1,064
Heat Type
Warm Air
Bldg Sq Ft - Total
1,064
Garage Type
Attached Garage
Bldg Sq Ft - Finished
1,064
Garage Capacity
MLS: 1
Bldg Sq Ft - 1st Floor
656
Garage Sq Ft
294
# Buildings
1
Exterior
Frame
Total Rooms
6
Quality
Average
FEATURES
Feature Type
Size/Qty
Opn Prch-Frm
109
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: 06/30/22 Page 1/3
Att Garage-Frm
294
SELL SCORE
Rating
Low
Sell Score
463
Value As Of
2022-06-26 04:00:20
LISTING INFORMATION
MLS Listing Id
5240123
MLS Current Price
$499,000
MLS Days On Market
24
MLS Original List Price
$499,000
MLS Source
REcolorado
MLS Listing Contract Date
07/01/2021
MLS Status
Expired
MLS List Office Name
ED PRATHER REAL ESTATE
MLS Status Change Date
07/25/2021
MLS List Agent Full Name
55041830-Nathan Dwelle
MLS Listing #
9746232
9331018
5368051
MLS Source History
REcolorado
REcolorado
REcolorado
MLS Status
Expired
Closed
Closed
MLS Listing Price
$500,000
$285,000
$185,000
MLS Orig Listing Price
$535,000
$285,000
$185,000
$290,000
$183,000
05/01/2015
01/30/2015
06/08/2015
02/20/2015
MLS Listing Close Price MLS Listing Date
04/05/2021
MLS Close Date MLS Listing Expiration Date
06/18/2021
LAST MARKET SALE & SALES HISTORY
Sale Date
06/08/2015
Deed Type
Warranty Deed
Sale Price
$290,000
Owner Name
Portillo Mario
Price per SqFt - Finished
$272.56
Seller
0700 C Residential Trust
Document Number
75399
Sale Date
06/08/2015
02/20/2015
Sale Price
$290,000
$183,000
08/21/2008
10/21/2002
05/03/2001
Buyer
Portillo Mario
0700 C Residential Tru st
Y
Y
Y
Quezada Marie V
Martinez Cleopatria
Perez Manuel
Seller
0700 C Residential Tru st
Quezada Marie V
Martinez Cleopatria
Perez Manuel
Martinez Cleopatria
Document Number Document Type
75399
25041
138353
206924
74782
Warranty Deed
Special Warranty Deed
Quit Claim Deed
Quit Claim Deed
Quit Claim Deed
Nominal
Title Company
Fidelity National Title I nsura
MORTGAGE HISTORY
Mortgage Date
09/18/2020
11/13/2018
11/20/2017
06/09/2015
02/27/2015
Mortgage Amount
$7,499
$65,000
$315,679
$279,850
$150,000
Mortgage Lender
Secretary/Hsng & Urba n Dev
Keybank Na
American Financing C orp
American Financing Co rp
Private Individual
Borrower
Portillo Mario
Portillo Mario
Portillo Mario
Portillo Mario
0700 C Residential Tru st
Mortgage Type
Fha
Conventional
Fha
Conventional
Mortgage Purpose
Refi
Refi
Refi
Resale
Construction
Mortgage Term
27
30
30
30
1
Mortgage Term
Years
Years
Years
Years
Years
Title Company
Accurate Equity Grp
First Integrity Title
Mortgage Date
10/09/2008
03/02/2001
Mortgage Amount
$59,000
$65,000
Mortgage Lender
Westerra Cu
Liberty Mtg Corp/Ga
Borrower
Quezada Marie V
Martinez Cleopatria
Mortgage Type
Conventional
Conventional
Mortgage Purpose
Nominal
Refi
Mortgage Term
15
30
Mortgage Term
Years
Years
Title Company
Property Details
Stewart Title
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: 06/30/22 Page 2/3
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: 06/30/22 Page 3/3
Map of Property Locations
4895 Shoshone Street, Denver, CO Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
80221 3197250 Active 06/18/22 $529,000 SFR 763 2/1 800-746-9464
4853 Tejon Street, Denver, CO 80221 Listing Id: 8264743 Status: Closed 06/01/22 Price: $460,000 3 Subtype: SFR Ttl SqFt: 782 Bd/Bth: 2/1 Show #: 4825 Raritan Street, Denver, CO 80221 Listing Id: IR963002 Status: Closed 05/03/22 Price: $500,000 5 Subtype: SFR Ttl SqFt: 957 Bd/Bth: 3/1 Show #: 303-573-7469
1835 W 50th Avenue, Denver, CO 80221 Listing Id: 3366027 Status: Pending 06/30/22 Price: $549,900 Subtype: SFR 2 Ttl SqFt: 888 Bd/Bth: 2/1 Show #: 720 331 2454 1810 W 50th Avenue, Denver, CO 80221 Listing Id: 7066435 Status: Closed 04/28/22 Price: $490,000 Subtype: SFR 4 Ttl SqFt: 721 Bd/Bth: 2/1 Show #: 800-746-9464 1720 W 50th Avenue, Denver, CO 80221 Listing Id: 6915302 Status: Closed 05/19/22 Price: $519,000 Subtype: SFR 6 Ttl SqFt: 961 Bd/Bth: 3/1 Show #: 303-573-7469
Broker 1 Page 4895 Shoshone Street, Denver, CO 80221 (Status: Active, Listing ID: 3197250) County: Denver List Price: $529,000 Property Type: Residential Original List Price: $529,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1947 Subdivision Name: Chaffee Park Listing Contract Date: 06/18/2022 Days In MLS: 12 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,825 Tax Year: 2021 Tax Legal Desc: CHAFFEE PARK HEIGHTS B1 L20 Interior Area & SqFt Building Area Total (SqFt Total): 763 Living Area (SqFt Finished): 763 Above Grade Finished Area: 763 PSF Total: $693 PSF Finished: $693 PSF Above Grade: $693 Foundation: Concrete Perimeter Fireplace: Heating: Forced Air Cooling: Evaporative Cooling HVAC Description: Interior Features: Ceiling Fan(s), Granite Counters, No Stairs, Open Floorplan, Smoke Free, Utility Sink Flooring: Laminate, Wood Exclusions: Washer, dryer, tv & mounts including in the garage and sellers 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: 2 Garage Spaces: 1 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.13 Acres / 5,640 SqFt Waterfront Feat: Lot Features: Level Elementary School: Beach Court / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Skinner / Denver 1 High School: North / Denver 1 Building & Water Information Construction Materials: Cement Siding Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Updates throughout this charming home, all new windows, blinds, new paint, ceiling fans, finished hardwood floors, new fully fenced backyard with landscaping, fire pit and sitting area, garden area and sprinkler system. 2 bedroom, 1 full bathroom great location 1 1/2 car garage + carport with gate and enclosed fencing. Nothing left to to do except to just move in and enjoy this little beauty! Confidential Information Private Remarks: Seller ideally would like a 60 day lease back. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5% Contract Earnest Check To: Land Title Possession: Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Land Title Ownership: Individual Showing Information Showing Contact Phone:
800-746-9464
List Agent: Tonie Benetti List Office: TBK Real Estate Solutions, LLC Email:
Show Email:
No Showings Until: 06/18/22 List Agent Phone: 303-210-7336 Mobile: 303-210-7336
tonie@tbkrealestate.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/30/2022 2:43:13 PM
Full Property View - Client
4895 Shoshone Street, Denver, CO 80221
----
$529,000 - Active
1835 W 50th Avenue, Denver, CO 80221 (Status: Pending, Listing ID: 3366027) County: Denver List Price: $549,900 Property Type: Residential Original List Price: $569,900 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1947 Subdivision Name: Chaffee Park Heights Listing Contract Date: 05/26/2022 Purchase Contract Date: 06/30/2022 Contingency: None Known Days In MLS: 35 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,667 Tax Year: 2021 Tax Legal Desc: CHAFFEE PARK HEIGHTS B9 L20 Interior Area & SqFt Building Area Total (SqFt Total): 888 Living Area (SqFt Finished): 888 Above Grade Finished Area: 888 PSF Total: $619 PSF Finished: $619 PSF Above Grade: $619 Basement: Crawl Space Bsmnt Ceiling Ht: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, No Stairs Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer Flooring: Stone, Wood Exclusions: none 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: 1 Garage Spaces: 1 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.13 Acres / 5,650 SqFt Waterfront Feat: Elementary School: Beach Court / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Sunnyside / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Mid-Century Modern Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Cozy, Convenient Chaffee Park Ranch Ideal location for any buyer, central with easy highway access to both I-70 and I-25. Shop, dine and entertain at nearby Highlands or Downtown Denver. Minutes to Zuni Park, Rocky Mountain and Berkley Lakes. Close to Regis University and Willis Case Golf Course. This 2 bedroom , 1 bath features a formal dining room addition, hardwood floors, kitchen skylig... Confidential Information Private Remarks: Please send lender letter and proof of funds with offers. All remarks considered accurate , not guaranteed. Please do not send love letter's Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Fidelity National Title Possession: Negotiable Contract Min Earnest: $6,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Fidelity National Title Ownership: Individual Showing Information Showing Service: Showing Contact Phone:
BrokerBay 7203312454
No Showings Until:
List Agent Phone: 303-478-8780 Mobile: 303-478-8780
List Agent: Steven George List Office: RE/MAX Alliance Email:
Show Email: support@brokrerbay.com
Sgeorge@remax.net Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/30/2022 2:43:13 PM
1835 W 50th Avenue, Denver, CO 80221
----
$549,900 - Pending
4853 Tejon Street, Denver, CO 80221 (Status: Closed, Listing ID: 8264743) Close Price: $460,000 County: Denver List Price: $410,000 Property Type: Residential Original List Price: $410,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1951 Subdivision Name: North Denver Heights Listing Contract Date: 05/05/2022 Purchase Contract Date: 05/06/2022 Contingency: None Known Close Date (DIM): 06/01/2022 Days In MLS: 1 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,617 Tax Year: 2021 Tax Legal Desc: NORTH DENVER HEIGHTS B12 L37 & 38 Interior Area & SqFt 782 Living Area (SqFt Finished): 782 Above Grade Finished Area: 782 $588 PSF Finished: $588 PSF Above Grade: $588
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Evaporative Cooling Appliances: Dryer, Oven, Refrigerator, Washer Exclusions: Seller's personal property
HVAC Description:
Bed & Bath Summary 1 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.14 Acres / 6,250 SqFt Waterfront Feat: Lot Features: Level Elementary School: Beach Court / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Sunnyside / Denver 1 High School: North / Denver 1 Building & Water Information Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks This great single-family residence, located in the quiet North Denver Heights neighborhood, is the perfect property for a first-time home buyer, an investor looking for a rental, or even someone looking to downsize. In 2009, the home was upgraded with a kitchen remodel (including a new oven and granite countertops), as well as new windows, an evaporative cooler, and an enclosed patio with a new ro... Confidential Information Private Remarks: For any questions or to submit an offer, contact Randy Dillow at 7202444834 or randy@reluxeagent.com The seller will need a rent back through the end of June. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2% Bedrooms Total: Baths Full:
2 1
Bathrooms Total: Baths Three Quarter:
List Agent: Randy Dillow List Office: Reluxe Residential Email: randy@reluxeagent.com Co List Agent: Rich Dolph Co List Office: Reluxe Residential Email: Rich@reluxeagent.com Buyer Agent: Tyler Bulmer Buyer Office: Start Real Estate Email:
tyler@startrealestate.com
Concessions: Buyer Closing Costs/Seller Points Paid, $5,250 Buyer Financing: Conventional
List Agent Phone: 720-244-4834 Mobile: 720-244-4834 Phone: 720-318-7763 Mobile: 720-318-7763 Buyer Agent Phone: 720-561-0759 Mobile: 720-561-0759 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/30/2022 2:43:14 PM
4853 Tejon Street, Denver, CO 80221
----
$460,000 - Closed
1810 W 50th Avenue, Denver, CO 80221 (Status: Closed, Listing ID: 7066435) Close Price: $490,000 County: Denver List Price: $460,000 Property Type: Residential Original List Price: $460,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1947 Subdivision Name: Chaffee Park Listing Contract Date: 04/07/2022 Purchase Contract Date: 04/10/2022 Contingency: None Known Close Date (DIM): 04/28/2022 Days In MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,668 Tax Year: 2021 Tax Legal Desc: CHAFFEE PARK HEIGHTS B7 L2 Interior Area & SqFt Building Area Total (SqFt Total): 721 Living Area (SqFt Finished): 721 Above Grade Finished Area: 721 PSF Total: $680 PSF Finished: $680 PSF Above Grade: $680 Heating: Forced Air, Natural Gas Cooling: None HVAC Description: Interior Features: Open Floorplan Appliances: Dryer, Range, Refrigerator, Washer Flooring: Tile, Wood Exclusions: n/a 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: 0 Garage Spaces: 0 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.12 Acres / 5,350 SqFt Waterfront Feat: Lot Features: Level Elementary School: Beach Court / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Sunnyside / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Traditional Direction Faces: East View: Construction Materials: Cement Siding, Frame Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Inviting comfort fully envelops this cozy and updated Chaffee Park home. A quaint front patio invites residents to spend quiet mornings sipping coffee outdoors. Further inside, warm hardwood flooring is paralleled w/ light, neutral wall color. Newer wide windows invite generous natural light to pour into the living area offering ample space for both relaxing and entertaining. A ceiling fan light f... Confidential Information Private Remarks: Buyer's Agent to verify taxes, schools, HOA information and square footage. Thank you for showing this home! Please turn off all lights and lock up the house. In the event of multiple offers, please submit all offers Sunday April 10th at 3 PM. Acceptance deadline Monday 4/10 at 12:00pm. Seller reserves the right to accept an offer at any time. Washer and dryer 2018, dishwasher, disposal ,oven, Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% List Agent Phone: 402-619-0171 Mobile: 402-619-0171
List Agent: Georgia Haskell List Office: Milehimodern Email: georgia@milehimodern.com Co List Agent: Helen Hirschberg Co List Office: Milehimodern Email:
helen@milehimodern.com
Buyer Agent: Joshua Jackson Buyer Office: LIV Sotheby's International Realty Email:
jjackson@livsothebysrealty.com
Concessions: Other, $1,500 Buyer Financing: Conventional
Phone: 303-523-8483 Mobile: 303-523-8483 Buyer Agent Phone: 303-993-9371 Mobile: 303-993-9371 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/30/2022 2:43:14 PM
1810 W 50th Avenue, Denver, CO 80221
----
$490,000 - Closed
4825 Raritan Street, Denver, CO 80221 (Status: Closed, Listing ID: IR963002) Close Price: $500,000 County: Denver List Price: $490,000 Property Type: Residential Original List Price: $490,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1947 Subdivision Name: Chaffee Park Listing Contract Date: 04/14/2022 Purchase Contract Date: 04/19/2022 Contingency: Close Date (DIM): 05/03/2022 Days In MLS: 6 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $2,022 Tax Year: 2021 Tax Legal Desc: CHAFFEE PARK HEIGHTS B2 L13 Interior Area & SqFt Building Area Total (SqFt Total): 957 Living Area (SqFt Finished): 957 Above Grade Finished Area: 957 Below Grade Total Area: 0 Below Grade Finished Area: 0 Below Grade Unfinished Area: 0 PSF Total: PSF Finished: $522 PSF Above Grade: $522 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Fireplace: 0 Heating: Hot Water Cooling: Evaporative Cooling HVAC Description: Evaporative Cooler Appliances: Disposal, Dryer, Oven, Refrigerator, Washer Flooring: Wood Exclusions: TV's are excluded (TV wall mount included), Water Rights Excluded,Mineral Rights Excluded Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: Site & Location Information Lot Size: 0.13 Acres / 5,640 SqFt Waterfront Feat: Lot Features: Sprinklers In Front Elementary School: Beach Court / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Skinner / High School: North / Denver 1 Building & Water Information Architectural Style: Contemporary Direction Faces: View: City Construction Materials: Vinyl Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks **Showings start Fri 4/15.** Conveniently located home in the Chaffee Park neighborhood with easy access to downtown Denver and the mountains. Great one level home with alley accessible 2 car and 1 car garages. Fully fenced back yard with a covered patio for entertaining. Roof, vinyl siding, gutters replaced in 2017. No HOA's! Zoning updated to E-SU-B1 which allows for potential of adding an ADU (... Confidential Information Private Remarks: Offers due Mon Apr 18th at 6:00PM, with an Acceptance deadline of Tues Apr 19th at 6:00 PM. Contact agent prior to submitting offer to discuss dates. Sellers will likely need a PC occupancy. Fridge can be moved back to kitchen (would need water line installed). The washer, dryer (they don't use a dryer so it's in garage), TV mount in LR, and all cabinets in 1 car garage included. No AC, but swamp Buyer Agency Comp: 2.80% Dual Variable: Submitted Prosp: No Transaction Broker Comp: 2.80%
List Agent: Stacy Millward List Office: Coldwell Banker Realty-Lgmt Email:
stacy.millward@coloradohomes.com
Buyer Agent: CO-OP Non-IRES Agent Buyer Office: CO-OP Non-IRES Email:
info@ires-net.com
Concessions: Buyer Financing:
List Agent Phone: 303-921-7927 Mobile: 303-921-7927 Buyer Agent Phone: 970-593-9002 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © IRES LLC 2022.
Generated on: 06/30/2022 2:43:15 PM
4825 Raritan Street, Denver, CO 80221
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$500,000 - Closed
1720 W 50th Avenue, Denver, CO 80221 (Status: Closed, Listing ID: 6915302) Close Price: $519,000 County: Denver List Price: $519,000 Property Type: Residential Original List Price: $519,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1947 Subdivision Name: Chaffee Park Listing Contract Date: 04/21/2022 Purchase Contract Date: 04/26/2022 Contingency: None Known Close Date (DIM): 05/19/2022 Days In MLS: 5 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,779 Tax Year: 2021 Tax Legal Desc: CHAFFEE PARK HEIGHTS B8 L3 Interior Area & SqFt 961 Living Area (SqFt Finished): 961 Above Grade Finished Area: 961 $540 PSF Finished: $540 PSF Above Grade: $540
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Evaporative Cooling HVAC Description: Interior Features: Ceiling Fan(s), Laminate Counters, Pantry Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Linoleum Exclusions: Seller's Personal Property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 1 Baths Full: 0 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 5 Garage Spaces: 1 Offstreet Spaces: 0 Carport Spaces: 4 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.15 Acres / 6,440 SqFt Waterfront Feat: Lot Features: Level Elementary School: Beach Court / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Sunnyside / Denver 1 High School: North / Denver 1 Building & Water Information Construction Materials: Frame, Vinyl Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks This beautiful ranch-style property is located only 10 minutes from downtown Denver. Close to all the fun points of attraction that the City of Denver has to offer and easy access to the mountains. Enter the front door of this hip-roofed ranch in Denver's Chaffee Park neighborhood to an open floorplan with a large living room and attached dining area and galley-style kitchen with solid wood cabine... Confidential Information Private Remarks: Please allow at least 30 min notice for all showings. Showings 9 am to 7 pm starting Friday. Seller will need a PCOA for up to 45 days. Please include a lender letter or proof of funds with all offers. Offers with a strong appraisal gap if going over asking, limited inspection/objections, and no deposit PCOA will be favored. Buyer and buyer's agent should verify all information including square fe Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% List Agent Phone: 720-949-3800 Mobile: 720-949-3800
List Agent: Colin Morgan List Office: True Realty, LLC Email:
c.morgan@truerealtyco.com
Buyer Agent: Andrew Goldberg Buyer Office: Compass - Denver Email:
Andrew.Goldberg@Compass.com
Concessions: Buyer Credit/Incentives, $2,000 Buyer Financing: Conventional
Buyer Agent Phone: 847-363-9232 Mobile: 847-363-9232 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/30/2022 2:43:15 PM
1720 W 50th Avenue, Denver, CO 80221
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$519,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/30/2022 to 01/01/2022 Latitude, Longitude is within 0.25 mi of
4800 Quivas St, Denver, CO 80221, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 7 Properties have been discarded.
Residential Active Properties Listing ID Address
City
3197250 4895 Shoshone ST
Denver
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
2
1
763
763
763
06/18/22
$693
$693
$693
Averages:
763
763
763
$693
$693
$693
Count: 1
High $529,000
List Price:
Low $529,000
PSF Fin DIM Orig Price
List Price
529,000
$529,000
$529,000
$529,000
PSF Fin DIM Orig Price
List Price
12 12
Median $529,000
Pending Properties Listing ID Address
City
3366027 1835 W 50th AVE
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
1
888
888
888
06/30/22
$619
$619
$619
Averages:
888
888
888
$619
$619
$619
Count: 1
High $549,900
List Price:
Low $549,900
35 35
569,900
$549,900
$569,900
$549,900
Median $549,900
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
8264743 4853 Tejon ST
Denver
2
1
782
782
782
06/01/22
$588
$588
$588
7066435 1810 W 50th AVE
Denver
2
1
721
721
721
04/28/22
$680
$680
IR963002 4825 Raritan ST
Denver
3
1
957
957
957
05/03/22
$522
6915302 1720 W 50th AVE
Denver
3
1
961
961
961
05/19/22
$540
Averages:
855
855
855
$583
Count: 4
Closed Price:
Report Totals
Presented By: Elijah Schoettmer Generated on: 06/30/2022
Count : 6
Averages:
High $519,000
SqFt Abv 845
SqFt Ttl 845
PSF Abv $ 607
List Price Close Price
CP/OLP
1
410,000
$410,000 $460,000
112%
$680
3
460,000
$460,000 $490,000
107%
$522
6
490,000
$490,000 $500,000
102%
$540
$540
519,000
$519,000 $519,000
100%
$603
$583
5 4
$469,750
$469,750 $492,250
105%
Orig Price $496,317
List Price Close Price $492,983 $492,250
CP/OLP 105 %
Low $460,000 Sqft Fin 845
PSF Fin DIM Orig Price
Median $495,000 PSF Ttl
$624
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $607
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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