at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Lakewood, CO
This week the median list price for Lakewood, CO is $700,000 with the market action index hovering around 91. This is less than last month's market action index of 97. Inventory has increased to 151.
Real-Time Market Profile Median List Price
$700,000
Market Action Index
Median Price of New Listings
$657,450
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$285
Average Days on Market
19
Median Days on Market
7
Price Decreased
38%
Price Increased
3%
Relisted
3%
Inventory
151
Median Rent
$2,324
Market Action
91
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
91
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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
$1,175,000
3,780
0.25 - 0.5 acre
4
4
27
10
11
14
$782,500
2,662
0.25 - 0.5 acre
4
3
59
11
6
7
$657,450
2,413
8,000 - 10,000 sqft
4
3
55
11
14
10
$547,000
1,872
8,000 - 10,000 sqft
3
2
66
22
13
0
Fri Jun 24 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Lakewood, 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. $800K
$700K
$600K
$500K
$400K Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 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. $1.8M
$1.5M
$1.3M
$1.0M
$750K
$500K
$250K Jun 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Fri Jun 24 2022
Jul 2021
Nov 2021
Mar 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Lakewood, 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. $350
$300
$250
$200
$150 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 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. 250
200
150
100
50
0 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 2022
90-Day Average
Fri Jun 24 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Lakewood, CO
Market Action Index
The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 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 Jun 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Fri Jun 24 2022
Jul 2021
Nov 2021
Mar 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Lakewood, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 15 days. Half of the listings have come newly on the market in the past 3 or so days. Watch the 90-day DOM trend for signals of a changing market. 60
50
40
30
20
10
0 Jun 2019
Nov 2019
Mar 2020
Jul 2020
Nov 2020
7-Day Average
Mar 2021
Jul 2021
Nov 2021
Mar 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. 100
80
60
40
20
0 Jun 2019
Nov 2019
Mar 2020
Top 90-Day
Jul 2020
Nov 2020
Upper 90-Day
Mar 2021
Lower 90-Day
Fri Jun 24 2022
Jul 2021
Nov 2021
Mar 2022
Bottom 90-Day
6 of 6
7453 W Cedar Cir, Lakewood, CO 80226-2021, Jefferson County APN: 070153
CLIP: 4411904596
MLS Beds 2
MLS Full Baths 1
Half Baths 1
MLS Sale Price $199,500
MLS Sq Ft 1,904
Lot Sq Ft 4,739
Yr Built 1968
Type SFR
MLS Sale Date 09/01/2010
OWNER INFORMATION
Owner Name
Matthews Glenda L
Mailing ZIP 4
2021
Mailing Address
7453 W Cedar Cir
Mailing Carrier Route
C044
Mailing City & State
Lakewood, CO
Owner Occupied
Yes
Mailing Zip
80226
LOCATION INFORMATION
Property Zip
80226
Topography
Slope
Property Zip4
2021
Neighborhood Code
Lou Mar-3008
Property Carrier Route
C044
Neighborhood Name (OnBoard)
North Alameda
School District
Jefferson County R-1
Township
04
Elementary School
Stein
Range
69
Middle School
Alameda Int'l
Section
11
High School
Alameda
Quarter
SE
Subdivision
Villas 3rd Flg Amd
Block
4
Census Tract
116.02
Lot
16
PIN
070153
% Improved
80%
Alternate PIN
49-114-06-093
Tax District
7005
Schedule Number
070153
Legal Description
SECTION 11 TOWNSHIP 04 RANG E 69 QTR SE SUBDIVISIONCD 782 800 SUBDIVISIONNAME VILLAS 3 RD FLG AMD BLOCK 004 LOT 001 6 SIZE: 4739 TRACT VALUE: .109
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021 - Preliminary
2020
2019
2018
Market Value - Land
$101,679
$67,635
$67,635
$83,566
Market Value - Improved
$290,623
$272,351
$272,351
$224,474
Market Value - Total
$392,302
$339,986
$339,986
$308,040
Assessed Value - Land
$7,270
$4,836
$4,836
$6,017
Assessed Value - Improved
$20,780
$19,473
$19,473
$16,162
Assessed Value - Total
$28,050
$24,309
$24,309
$22,179
YOY Assessed Change (%)
15.39%
0%
9.6%
YOY Assessed Change ($)
$3,741
$0
$2,130
Tax Year
Total Tax
2018
$2,205
Change ($)
Change (%)
2019 2020
$2,343
$138
6.26%
$2,371
$28
1.21%
CHARACTERISTICS
Lot Acres
0.1088
MLS Total Baths
3
Lot Sq Ft
4,739
Baths - Full
Tax: 3 MLS: 1
Land Use - CoreLogic
SFR
Baths - Half
1
Building Type
Single Family
Stories
1
Style
Ranch
Fireplace
Y
Year Built
1968
Fireplaces
1
Bldg Sq Ft - Above Ground
1,275
Cooling Type
Central & Unit
Bldg Sq Ft - Basement
635
Heat Type
Forced Air
Bldg Sq Ft - Finished Basement
635
Garage Type
Attached Garage
Bldg Sq Ft - Total
1,910
Garage Capacity
MLS: 2
Bldg Sq Ft - Finished
Tax: 1,275 MLS: 1,904
Garage Sq Ft
529
Bldg Sq Ft - 1st Floor
1,275
Construction
Masonry
Basement Type
Tax: Finished MLS: Slab
Water
Type Unknown
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: 06/24/22 Page 1/3
# Buildings
1
Sewer
Type Unknown
Bedrooms
2
Quality
Average
Baths - Total
Tax: 4 MLS: 3
FEATURES
Feature Type
Size/Qty
Attached Garage
529
Basement Total
635
First Floor
1,275
SELL SCORE
Rating
Low
Sell Score
370
Value As Of
2022-06-19 03:59:43
LISTING INFORMATION
MLS Listing Id
901060
MLS Close Price
$199,500
MLS Days On Market
166
MLS Listing Contract Date
01/27/2010
MLS Source
REcolorado
MLS Close Date
09/01/2010
MLS Status
Closed
MLS List Office Name
MB TEAM WHISLER-REALTORS
MLS Status Change Date
09/02/2010
MLS List Agent Full Name
142271-Duane Whisler
MLS Current Price
$197,791
MLS Buyer Agent Full Name
416375-Alice R Carmody
MLS Original List Price
$209,902
MLS Buyer Office Name
RE/MAX ALLIANCE-EVERGREEN
MLS Listing #
886760
845678
MLS Source History
REcolorado
REcolorado
MLS Status
Withdrawn
Withdrawn
MLS Listing Price
$197,791
$197,791
MLS Orig Listing Price
$209,902
$209,902
MLS Listing Close Price
$0
$0
MLS Listing Date
01/27/2010
01/27/2010
LAST MARKET SALE & SALES HISTORY
Sale Date
Tax: 06/05/1989 MLS: 09/01/2010
Owner Name
Matthews Glenda L
Document Number
89047694
Seller
Owner Record
Deed Type
Deed (Reg)
Sale Date
08/31/2010
06/05/1989
Sale Price
$199,500
Buyer
Matthews Kenneth L & Glenda L
Buyer
Matthews Glenda L
Seller
Weiler Gladys
Owner Record
Document Number
77114
89047694
Document Type
Personal Representative's Deed
Deed (Reg)
Title Company
First American Title
Weiler Gladys
MORTGAGE HISTORY
Mortgage Date
11/16/2015
11/16/2015
09/03/2010
09/03/2010
Mortgage Amount
$1
$412,500
$299,250
$1
Mortgage Lender
Hud-Housing/Urban Dev
One Reverse Mtg LLC
Wells Fargo Bk Na
Hud-Housing/Urban Dev
Borrower
Matthews Kenneth L
Matthews Kenneth L
Matthews Kenneth L
Matthews Kenneth L
Borrower
Matthews Glenda L
Matthews Glenda L
Matthews Glenda L
Matthews Glenda L
Mortgage Type
Fha
Fha
Fha
Fha
Mortgage Purpose
Refi
Refi
Resale
Resale
Mortgage Int Rate
3.493
3.493
2.459
2.459
Mortgage Int Rate Type
Adjustable Int Rate Loan
Adjustable Int Rate Loan
Adjustable Int Rate Loan
Adjustable Int Rate Loan
Mortgage Term
69
69
74
74
Mortgage Term
Years
Years
Years
Years
Title Company
Other
Other
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: 06/24/22 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: 06/24/22 Page 3/3
Map of Property Locations
7452 W Cedar Circle, Lakewood, CO 80226 Listing Id: 6647600 Status: Active 05/26/22 Price: $540,000 1 Subtype: SFR Ttl SqFt: 2,698 Bd/Bth: 2/3 Show #: 888-808-0331 7230 W Archer Place, Lakewood, CO 80226 Listing Id: 7639334 Status: Closed 04/19/22 Price: $625,000 3 Subtype: SFR Ttl SqFt: 2,496 Bd/Bth: 5/3 Show #:
7212 W Cedar Circle, Lakewood, CO 80226 Listing Id: 5091972 Status: Closed 01/19/22 Price: $500,000 Subtype: SFR 2 Ttl SqFt: 2,698 Bd/Bth: 3/3 Show #: 303-573-7469
Broker 1 Page 7452 W Cedar Circle, Lakewood, CO 80226 (Status: Active, Listing ID: 6647600) County: Jefferson List Price: $540,000 Property Type: Residential Original List Price: $570,000 Property Subtype: Single Family Residence Levels: Multi/Split Basement: Yes Structure Type: Patio/Cluster Year Built: 1968 Subdivision Name: The Villas Listing Contract Date: 05/26/2022 Days In MLS: 29 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $3,000.00 Tax Annual Amt: $2,840 Tax Year: 2021 Tax Legal Desc: Lot 10, Block 5, Except the south 5 feet thereof, The Villas Third Filing Amended, County of Jefferson, State of Colorado Interior Area & SqFt Building Area Total (SqFt Total): 2,698 Living Area (SqFt Finished): 1,924 Above Grade Finished Area: 1,924 Below Grade Total Area: 774 Below Grade Finished Area: 0 Below Grade Unfinished Area: 774 PSF Total: $200 PSF Finished: $281 PSF Above Grade: $281 Basement: Partial, Unfinished Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen Appliances: Dishwasher, Oven, Range, Refrigerator Flooring: Carpet, Wood Exclusions: None Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $250.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Trash, Water Assoc Amenities: Senior Community: Yes Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.09 Acres / 3,777 SqFt Waterfront Feat: Elementary School: Stein / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Alameda Int'l / Jefferson County R-1 High School: Alameda Int'l / Jefferson County R-1 Building & Water Information Architectural Style: Traditional Entry Level/Loc: Common Walls: 2+ Common Walls Direction Faces: West View: Construction Materials: Brick, Frame Roof: Composition, Membrane Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks 55+ Adult Community, Fantastic 2 Bedroom, 3 Bathroom, Located in The Villas, Close to Belmar, Tri-level plus Unfinished Basement, Family Room in Lower Level including a 1/2 Bath, 2 Car Garage with Lots of Storage, Front patio and Private Back Patio. Easy walk to Belmar Shopping and Restaurants. Kitchen Appliances Included, Very well maintained community. Walk into Family Room from the Garage, Spa... Confidential Information Private Remarks: Earnest Money to RE/MAX Professionals, Seller may need extra time to vacate Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: RE/MAX Professionals Possession: Negotiable Contract Min Earnest: $6,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Heritage Title Company Ownership: Individual Showing Information Showing Service: Showing Contact Phone:
BrokerBay 888-808-0331
List Agent: Steve Weber List Office: RE/MAX PROFESSIONALS Email: steve@steveweber.com Co List Agent: Cynthia Foster Co List Office: RE/MAX PROFESSIONALS Email:
Show Email:
No Showings Until: 05/26/22 List Agent Phone: 303-716-3650 Mobile: 303-437-9990 Phone: 303-478-1382 Mobile: 303-478-1382
cyndi@cyndifoster.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/24/2022 9:39:56 AM
Full Property View - Client
7452 W Cedar Circle, Lakewood, CO 80226
----
$540,000 - Active
7212 W Cedar Circle, Lakewood, CO 80226 (Status: Closed, Listing ID: 5091972) Close Price: $500,000 County: Jefferson List Price: $500,000 Property Type: Residential Original List Price: $500,000 Property Subtype: Single Family Residence Levels: Three Or More Basement: Yes Structure Type: House Year Built: 1967 Subdivision Name: Villas Listing Contract Date: 11/18/2021 Purchase Contract Date: 12/18/2021 Contingency: None Known Close Date (DIM): 01/19/2022 Days In MLS: 30 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $2,400.00 Tax Annual Amt: $1,840 Tax Year: 2020 Tax Legal Desc: SECTION 11 TOWNSHIP 04 RANGE 69 QTR SE SUBDIVISIONCD 782600 SUBDIVISIONNAME VILLAS 2ND FLG BLOCK 002 LOT 0003 SIZE: 4388 TRACT VALUE: .101 Interior Area & SqFt Building Area Total (SqFt Total): 2,698 Living Area (SqFt Finished): 2,400 Above Grade Finished Area: 1,924 Below Grade Total Area: 774 Below Grade Finished Area: 476 Below Grade Unfinished Area: 298 PSF Total: $185 PSF Finished: $208 PSF Above Grade: $260 Basement: Finished Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 1/Living Room Heating: Baseboard, Hot Water Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Speed Internet, Pantry, Smoke Free, Wet Bar Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Flooring: Tile, Wood Furnished: Unfurnished Exclusions: Sellers personal property Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 0 Baths Three Quarter: 2 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $200.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Trash, Water Assoc Amenities: Senior Community: Yes Restriction Covenants: Commercial Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Vehicle Restrictions, No Street Parking Site & Location Information Lot Size: 0.10 Acres / 4,388 SqFt Waterfront Feat: Lot Features: Greenbelt, Irrigated, Landscaped Horse: No Ski Features: Elementary School: Stein / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Alameda Int'l / Jefferson County R-1 High School: Alameda Int'l / Jefferson County R-1 Building & Water Information Architectural Style: Traditional Direction Faces: East View: Construction Materials: Brick, Wood Siding Roof: Composition, Membrane Exterior Features: Heated Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks LOCATED AT THE VILLAS... LAKEWOODS FINEST PRIVATE SENIOR 55+ COMMUNITY * WELL MAINTAINED 3 BEDROOM - 3 BATH HOME WITH BEAUTIFUL HARDWOODS AND TILE FLOORING THROUGHOUT * KITCHEN WITH BREAKFAST NOOK, PANTRY AND ALL APPLIANCES INCLUDED * SLAB GRANITE COUNTERS * SPACIOUS, MASTER SUITE WITH FRENCH DOORS AND FULL BATHROOM * LOWER LEVEL WITH WET BAR * LOTS OF EXTRA STORAGE SPACE * WASHER AND DRYER INCL... Confidential Information Private Remarks: * CHECK OUT THE WALKTHROUGH MATTERPORT VIDEO * FLOORPLANS IN SUPPLEMENTS * THIS IS AN ESTATE SALE * NO PROPERTY DISCLOSURE * PERSONAL REPRESEENTATIVE NOT AWARE OF ANYTHING NEGATIVE WITH PROPERTY CONDITION * SOLD AS-IS * QUICK CLOSING AND POSSESSION * PLEASE REVIEW HOA DOCUMENTS FOR RESTRICTIONS LOCATED AT https://villashomes.org * CONTACT STEVE PRIOR TO SUBMITTING OFFERS AT 303-910-5655 * CTME CON Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%
List Agent: Steven Robertson List Office: Colorado Home Realty Email:
KeyToYourNewHome@gmail.com
Buyer Agent: Patty Clark Buyer Office: Morningside Homes, LLC Email:
patty@morningsidehomes.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 303-910-5655 Mobile: 303-910-5655 Buyer Agent Phone: 720-231-5200 Mobile: 720-231-5200 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/24/2022 9:39:56 AM
7212 W Cedar Circle, Lakewood, CO 80226
----
$500,000 - Closed
7230 W Archer Place, Lakewood, CO 80226 (Status: Closed, Listing ID: 7639334) Close Price: $625,000 County: Jefferson List Price: $599,999 Property Type: Residential Original List Price: $599,999 Property Subtype: Single Family Residence Levels: One Basement: Yes Structure Type: House Year Built: 1955 Subdivision Name: Lakewood View Listing Contract Date: 03/24/2022 Purchase Contract Date: 03/27/2022 Contingency: None Known Close Date (DIM): 04/19/2022 Days In MLS: 3 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,202 Tax Year: 2020 Tax Legal Desc: SECTION 11 TOWNSHIP 04 RANGE 69 QTR SE SUBDIVISIONCD 452000 SUBDIVISIONNAME LAKEWOOD VIEW BLOCK LOT 0031 SIZE: 9375 TRACT VALUE: .215 Interior Area & SqFt Building Area Total (SqFt Total): 2,496 Living Area (SqFt Finished): 2,309 Above Grade Finished Area: 1,248 Below Grade Total Area: 1,248 Below Grade Finished Area: 1,061 Below Grade Unfinished Area: 187 PSF Total: $250 PSF Finished: $271 PSF Above Grade: $501 Basement: Bath/Stubbed, Finished, Full Bsmnt Ceiling Ht: Foundation: Slab Fireplace: 2/Basement, Electric, Living Room Heating: Forced Air Cooling: None HVAC Description: Interior Features: Granite Counters, Quartz Counters Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer Exclusions: Sellers personal property. Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 3 Baths Full: 3 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 1 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.22 Acres / 9,583 SqFt Waterfront Feat: Lot Features: Level Horse: No Ski Features: Elementary School: Stein / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Alameda Int'l / Jefferson County R-1 High School: Alameda Int'l / Jefferson County R-1 Building & Water Information Architectural Style: Mid-Century Modern Construction Materials: Brick, Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks This thoughtfully remodeled mid-century ranch style home neighboring O'Kane Park is a must see! It is light and bright with fresh paint and updated lighting throughout. This lovely property boasts 5 spacious bedrooms and 3 full baths. The kitchen includes beaming quartz counters offering ample amounts of cooking space complimented by newer appliances including a gas stove. Real hard wood flooring ... Confidential Information Private Remarks: Agent is a CTMe user. Buyer and Buyer's agent are to verify any and all aspects of the property for accuracy such as square footage, etc. Provided information is deemed reliable but may not be 100% accurate. Showings will begin on Friday 3/25/2022. In case of multiple offers, showings will end Sunday 3/27/2022 at 7:00 pm with all offers due by Monday 3/28/2022 before 10:00 am with acceptance by 7 Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%
List Agent: Heather Bader List Office: RE/MAX Professionals Email:
heather.bader08@gmail.com
Buyer Agent: Jim Hendry Buyer Office: Open Real Estate Inc. Email: Hendry@openRE.com Co Buyer Agent: Shannon Hendry Co Buyer Office: Open Real Estate Inc. Email: ShannonH@OpenRE.com Concessions: Buyer Closing Costs/Seller Points Paid, $6,500 Buyer Financing: Conventional
List Agent Phone: 720-670-9622 Mobile: 720-670-9622 Buyer Agent Phone: 303-514-6956 Mobile: 303-514-6956 Phone: 303-358-4665 Mobile: 303-358-4665 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/24/2022 9:39:57 AM
7230 W Archer Place, Lakewood, CO 80226
----
$625,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/24/2022 to 12/26/2021 Latitude, Longitude is within 0.25 mi of
7453 W Cedar Cir, Lakewood, CO 80226, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 6 Properties have been discarded.
Residential Active Properties Listing ID Address
City
6647600 7452 W Cedar CIR
Lakewood
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
2
3
1,924
2,698
1,924
05/26/22
$281
$200
$281
Averages:
1,924
2,698
1,924
$281
$200
$281
Count: 1
High $540,000
List Price:
Low $540,000
PSF Fin DIM Orig Price
29 29
List Price
570,000
$540,000
$570,000
$540,000
Median $540,000
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Lakewood
3
3
1,924
2,698
2,400
01/19/22
$260
$185
$208
Lakewood
5
3
1,248
2,496
2,309
04/19/22
$501
$250
$271
Averages:
1,586
2,597
2,355
$380
$218
$240
Listing ID Address
City
5091972 7212 W Cedar CIR 7639334 7230 W Archer PL
Count: 2
Closed Price:
Report Totals
Presented By: Elijah Schoettmer Generated on: 06/24/2022
Count : 3
Averages:
High $625,000
SqFt Abv 1,699
SqFt Ttl 2,631
Low $500,000 Sqft Fin 2,211
PSF Abv $ 347
PSF Fin DIM Orig Price
List Price Close Price
CP/OLP
30
500,000
$500,000 $500,000
100%
3 17
599,999
$599,999 $625,000
104%
$550,000
$550,000 $562,500
102%
Orig Price $556,666
List Price Close Price $546,666 $562,500
CP/OLP 102 %
Median $562,500 PSF Ttl
$212
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $253
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
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TIME ON MARKET (IN WEEKS)
Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.
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