at Keller Williams Integrity
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $550,000 with the market action index hovering around 73. This is less than last month's market action index of 81. Inventory has increased to 466.
Real-Time Market Profile Median List Price
$550,000
Market Action Index
Median Price of New Listings
$457,500
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$447
Average Days on Market
38
Median Days on Market
14
Price Decreased
28%
Price Increased
1%
Relisted
4%
Inventory
466
Median Rent
$1,935
Market Action
73
inventory. 50
40
Buyer's Market
60
20
80
10
on
90
M
73
100
ay Tod th
Las t
0
Seller's Market
70
30
Strong Seller's Market The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.
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
$1,350,000
2,479
0 - 4,500 sqft
3
3
21
17
11
28
$655,250
1,450
0 - 4,500 sqft
2
2
21
25
17
14
$450,000
1,096
0 - 4,500 sqft
2
2
44
43
26
7
$299,000
810
0 - 4,500 sqft
2
1
53
39
32
7
Sun Jun 26 2022
2 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend. $800K
$700K
$600K
$500K
$400K
$300K 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
Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market. $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
Sun Jun 26 2022
Jul 2021
Nov 2021
Mar 2022
Jun 2022
Bottom 90-Day
3 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Price Per Square Foot
The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities. $550
$500
$450
$400
$350
$300 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
Sun Jun 26 2022
4 of 6
Condos/Townhomes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action. 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
Sun Jun 26 2022
Jul 2021
Nov 2021
Mar 2022
Jun 2022
Bottom 90-Day
5 of 6
Condos/Townhomes
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 53 days. Half of the listings have come newly on the market in the past 13 or so days. Watch the 90-day DOM trend for signals of a changing market. 100
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. 150
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
Sun Jun 26 2022
Jul 2021
Nov 2021
Mar 2022
Jun 2022
Bottom 90-Day
6 of 6
2 S Meade St, Denver, CO 80219-1947, Denver County APN: 5074-16-023
CLIP: 9233836582
MLS Beds 2
MLS Full Baths 1
Half Baths 1
MLS Sale Price $117,000
MLS Sq Ft 1,114
Lot Sq Ft 3,125
Yr Built 1985
Type TH/RH
MLS Sale Date 06/01/2010
OWNER INFORMATION
Owner Name
Martinez Beverly J
Mailing Zip
80201
Mailing Address
Po Box 8733
Mailing ZIP 4
8733
Mailing City & State
Denver, CO
Mailing Carrier Route
B040
Property Zip
80219
Topography
Flat/Level
Property Zip4
1947
Neighborhood Code
Barnum-0519
Property Carrier Route
C052
Neighborhood Name (OnBoard)
Barnum
School District
Denver County 1
Traffic
Local
Elementary School
Newlon
Township
04S
Middle School
Strive Kepner
Range
68W
High School
West
Section
07
Subdivision
P T Barnums Sub
Quarter
SE
Zoning
E-SU-D1X
Block
39
Census Tract
9.03
Lot
1
PIN
5074-16-023
% Improved
81%
Schedule Number
0507416023000
Tax District
DENV
Legal Description
P T BARNUMS SUB 05074 B39 L1
LOCATION INFORMATION
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$46,400
$37,700
$37,700
Market Value - Improved
$194,000
$242,000
$242,000
Market Value - Total
$240,400
$279,700
$279,700
Assessed Value - Land
$3,320
$2,700
$2,700
Assessed Value - Improved
$13,870
$17,300
$17,300
Assessed Value - Total
$17,190
$20,000
$20,000
YOY Assessed Change (%)
-14.05%
0%
YOY Assessed Change ($)
-$2,810
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,442
2020
$1,484
$42
2.88%
2021
$1,283
-$201
-13.56%
CHARACTERISTICS
Lot Acres
0.0717
# Buildings
1
Lot Sq Ft
3,125
Total Rooms
5
Land Use - County
Row House Misc
Bedrooms
2
Land Use - CoreLogic
Townhouse/Rowhouse
Baths - Total
2
Style
Row House
MLS Total Baths
2
Year Built
1985
Baths - Full
1
Bldg Sq Ft - Above Ground
890
Baths - Half
1
Bldg Sq Ft - Basement
224
Stories
Tax: 2 MLS: 3
Bldg Sq Ft - Total
1,114
Heat Type
Warm Air
Bldg Sq Ft - Finished
Tax: 890 MLS: 1,114
Patio Type
Wood Deck
Bldg Sq Ft - 1st Floor
570
Garage Type
Carport
Bldg Sq Ft - 2nd Floor
320
Exterior
Frame
Basement Type
Partial
Quality
Average
FEATURES
Feature Type
Property Details
Size/Qty
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: 06/26/22 Page 1/3
Wd Deck
22
Opn Prch-Frm
66
Att Carport-Frm
288
SELL SCORE
Rating
Low
Sell Score
493
Value As Of
2022-06-19 03:59:39
LISTING INFORMATION
MLS Listing Id
880351
MLS Close Price
$117,000
MLS Days On Market
1
MLS Listing Contract Date
04/17/2010
MLS Source
REcolorado
MLS Close Date
06/01/2010
MLS Status
Closed
MLS List Office Name
JILLIAN WHALA
MLS Status Change Date
06/01/2010
MLS List Agent Full Name
018870-Jillian Whala
MLS Current Price
$114,900
MLS Buyer Agent Full Name
018870-Jillian Whala
MLS Original List Price
$114,900
MLS Buyer Office Name
JILLIAN WHALA
MLS Listing #
848821
MLS Source History
REcolorado
MLS Status
Closed
MLS Listing Price
$66,900
MLS Orig Listing Price
$69,900
MLS Listing Close Price
$65,900
MLS Listing Date
02/03/2010
MLS Close Date
04/13/2010
LAST MARKET SALE & SALES HISTORY
Sale Date
06/01/2010
Deed Type
Warranty Deed
Sale Price
$117,000
Owner Name
Martinez Beverly J
Price per SqFt - Finished
$131.46
Seller
Tcm LLC
Document Number
63538
Sale Date
06/01/2010
04/06/2010
Sale Price
$117,000
$65,900
Nominal
01/11/2010
02/28/2006
12/20/2005
$98,000 Y
Buyer
Y
Martinez Beverly J
Tcm LLC
Ownit Trust Series 200 6-4
Martin Charles D Jr
Morgan Stanley Abs Ca p I In
Seller
Tcm LLC
Ownit Trust Series 200 6-4
Chief Deputy Public Te Of Denver
Morgan Stanle Trust 20 04-Nc3
Public Trustee Of Denv er County
Document Number
63538
41417
3726
45443
215573
Document Type
Warranty Deed
Special Warranty Deed
Public Trustees Deed
Special Warranty Deed
Public Trustees Deed
Title Company
Town And Country Titl e
Colorado Prestige Escr ow LLC
Buyer
Colorado Prestige Escr ow LLC
Sale Date
09/13/2005
07/12/2005
11/17/2003
Sale Price
$145,380
$150,000
Morgan Stanley Abs Cap I In
Mckee Rick
Seller
Public Trustee Of Denver County
Ortiz Norma
Mckee Rick
Document Number
157315
115508
69319
Document Type
Public Trustees Deed
Quit Claim Deed
Quit Claim Deed
Nominal
Y
Buyer
Mckee Rick
Buyer
Ortiz Norma
Title Company
Stewart Title
MORTGAGE HISTORY
Mortgage Date
02/15/2018
09/16/2016
08/26/2016
06/10/2010
04/15/2010
Mortgage Amount
$3,528
$85,182
$35,148
$115,445
$66,000
Mortgage Lender
Denver Urban Renewal Auth
Wells Fargo Bk Na
Hud-Housing/Urban De v
Cherry Creek Mtg
Borrower
Martinez Beverly J
Martinez Beverly J
Martinez Beverly J
Martinez Beverly J
Mortgage Type
Conventional
Fha
Fha
Fha
Mortgage Purpose
Refi
Refi
Refi
Resale
Tcm LLC
Borrower
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.
Construction
Generated on: 06/26/22 Page 2/3
Mortgage Int Rate
3.75
Mortgage Int Rate Type
Fixed Rate Loan
4.125
12
Mortgage Term
30
Mortgage Term
Years
30
30
1
Years
Years
Years
Title Company
First American Title
First American Title
Mortgage Date
03/22/2006
03/22/2006
03/03/2004
Mortgage Amount
$73,500
$24,500
$50,000
Mortgage Lender
Ownit Mtg Solutions Inc
Ownit Mtg Solutions Inc
Pioneer Gen'l Ins Co
Borrower
Martin Charles D Jr
Martin Charles D Jr
Mckee Rick
Mortgage Type
Conventional
Conventional
Conventional
Mortgage Purpose
Resale
Resale
Refi
Borrower
Ortiz Norma
Mortgage Int Rate
10
Mortgage Int Rate Type
Fixed Rate Loan
Mortgage Term
30
30
Mortgage Term
Years
Years
Title Company FORECLOSURE HISTORY
Document Type
Release Of Lis Pendens/ Notice
Foreclosure Filing Date
Notice Of Trustee's Sale
Certificate Of Purchase
04/03/2012
Notice Of Trustee's Sale
Notice Of Trustee's Sale
02/06/2009
07/05/2005
Recording Date
04/26/2013
04/10/2012
12/14/2009
02/09/2009
07/19/2005
Document Number
59296
47956
161222
15438
121462
$113,286
$73,057
$73,057
$133,648
Final Judgment Amount Original Doc Date
04/10/2012
06/10/2010
03/22/2006
03/22/2006
12/02/2003
Original Document Num ber
47956
63539
45444
45444
250577
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: 06/26/22 Page 3/3
Map of Property Locations
2785 W 2nd Avenue, Denver, CO 80219 Listing Id: 5004724 Status: Active 05/18/22 Price: $371,000 1 Subtype: MLF Ttl SqFt: 744 Bd/Bth: 2/1 Show #: 2787 W 2nd Avenue, Denver, CO 80219 Listing Id: 3927896 Status: Pending 06/12/22 Price: $384,000 3 Subtype: MLF Ttl SqFt: 768 Bd/Bth: 2/1 Show #: 3468 W Walsh Place, Denver, CO 80219 Listing Id: 9387006 Status: Closed 01/19/22 Price: $385,000 5 Subtype: MLF Ttl SqFt: 1,426 Bd/Bth: 3/2 Show #: 1800-746-9464
167 S Osceola, Denver, CO 80219 Listing Id: Status: Price: Subtype: 2 Ttl SqFt: Bd/Bth: Show #:
4809400 Active 06/03/22 $385,000 MLF 750 2/1 303-573-7469
3401 W Gill Place, Denver, CO 80219 Listing Id: 8808738 Status: Closed 01/14/22 Price: $340,000 Subtype: MLF 4 Ttl SqFt: 1,001 Bd/Bth: 3/1 Show #: 3035737469 163 S Osceola Street, Denver, CO 80219 Listing Id: 4226814 Status: Closed 04/26/22 Price: $405,000 Subtype: MLF 6 Ttl SqFt: 750 Bd/Bth: 2/1 Show #: 3035737469
Broker 1 Page 2785 W 2nd Avenue, Denver, CO 80219 (Status: Active, Listing ID: 5004724) County: Denver List Price: $371,000 Property Type: Residential Original List Price: $399,000 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Duplex Year Built: 1964 Subdivision Name: South Denver Listing Contract Date: 05/18/2022 Days In MLS: 36 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,344 Tax Year: 2021 Tax Legal Desc: SOUTH DENVER BLK28 PT OF L27 & 28 BEG SE COR L28 W 40.5FTN 21.03FT N41.00W 4.45FT N 8.3FT N42.3842E 12.8FT E 5FT N 8FE 29.75FT S 50.12FT TPOB Interior Area & SqFt Building Area Total (SqFt Total): 744 Living Area (SqFt Finished): 744 Above Grade Finished Area: 744 PSF Total: $499 PSF Finished: $499 PSF Above Grade: $499 Heating: Forced Air, Natural Gas Cooling: None HVAC Description: Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Exclusions: Staging items and furniture. 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: 0 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.05 Acres / 1,970 SqFt Waterfront Feat: Elementary School: Barnum / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: West / Denver 1 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: Common Walls: End Unit Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Water Source: Public Sewer: Public Sewer Public Remarks NO HOA or maintenance fees. Large, private fenced-in yard. Fully renovated. New roof. New paint. New floors. New appliances. New hot water tank and furnace. BONUS: this address qualifies for up to $17,500 in grant money to help with closing costs and down payment. Stop renting and start building equity! This newly renovated half-duplex boasts a large, private fenced-in front and side yard and is j... Confidential Information Private Remarks: Great renovated 1/2 Duplex under $400k! You can also check out the back unit that has a large backyard and views of downtown as well (same code). If your buyers are struggling with down payment, this qualifies for BofA program of 3% (up to $10k) plus $7,500 additional towards the down payment and closing costs. We've used this as several other 1/2 duplexes in the area and it has been the differ Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Heritage Title Possession: Contract Min Earnest: $5,000 Listing Terms: 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan Title Company: Heritage Title Ownership: Individual Showing Service:
ShowingTime
List Agent: Jason Lewis List Office: Your Castle Real Estate Inc Email:
Showing Information List Agent Phone: 303-949-8662 Mobile: 303-949-8662
jason@ecospace.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/26/2022 1:08:24 PM
Full Property View - Client
2785 W 2nd Avenue, Denver, CO 80219
----
$371,000 - Active
167 S Osceola, Denver, CO 80219 (Status: Active, Listing ID: 4809400) County: Denver List Price: $385,000 Property Type: Residential Original List Price: $410,000 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Triplex Year Built: 1963 Subdivision Name: Barnum Listing Contract Date: 06/03/2022 Days In MLS: 23 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,328 Tax Year: 2020 Tax Legal Desc: TBD Interior Area & SqFt Building Area Total (SqFt Total): 750 Living Area (SqFt Finished): 750 Above Grade Finished Area: 750 PSF Total: $513 PSF Finished: $513 PSF Above Grade: $513 Basement: Crawl Space Bsmnt Ceiling Ht: Heating: Forced Air Cooling: None HVAC Description: Interior Features: No Stairs, Quartz Counters, Smoke Free Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Tile, 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: 0 Offstreet Spaces: 1 Site & Location Information Elementary School: Knapp / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: West / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: End Unit, 1 Common Wall Unit Count: 3 Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks PROPERTY QUALIFIES FOR SPECIAL Bank of America LOAN! BELOW MARKET RATE, $10,000 TOWARDS DOWNPAYMENT AND UP TO $7,000 IN CLOSING COSTS COVERED. Remodeled unit in triplex. Last unit! New bathroom, new appliances, updated roof, newly refinished oak floors, new paint, new windows and siding. Quick access to 6th ave. Property on quiet street with large yard. Features 2 Large Bedrooms, 1 bath. Uni... Confidential Information Private Remarks: Go and Show. PROPERTY QUALIFIES FOR SPECIAL Bank of America LOAN! BELOW MARKET RATE, $10,000 TOWARDS DOWNPAYMENT AND UPTO $7,000 IN CLOSING COSTS COVERED. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: $5000 Possession: Contract Min Earnest: Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Exact Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
303-573-7469 Go and Show!
List Agent: Brad Simbric List Office: MODUS Real Estate Email: brad@modusrealestate.com Co List Agent: Skyler Moore Co List Office: MODUS Real Estate Email:
Show Email: brad@modusrealestate.com
No Showings Until: 06/03/22
List Agent Phone: 303-345-7668 Mobile: 303-345-7668 Phone: 319-321-6619 Mobile: 319-321-6619
skyler@modusrealestate.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/26/2022 1:08:24 PM
167 S Osceola, Denver, CO 80219
----
$385,000 - Active
2787 W 2nd Avenue, Denver, CO 80219 (Status: Pending B/U, Listing ID: 3927896) County: Denver List Price: $384,000 Property Type: Residential Original List Price: $435,000 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Duplex Year Built: 1964 Subdivision Name: South Denver Listing Contract Date: 05/13/2022 Purchase Contract Date: 06/12/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 30 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,344 Tax Year: 2021 Tax Legal Desc: SOUTH DENVER BLK28 ALL OF L27 & 28 EXC BEG SE COR L28 W 40.5FT N 21.03FT N41.00W 4.45FT N 8.3FT N42.3842E 12.8FT E 5FT N8FE 29.75FT S 50.12FT TPOB Interior Area & SqFt Building Area Total (SqFt Total): 768 Living Area (SqFt Finished): 768 Above Grade Finished Area: 768 PSF Total: $500 PSF Finished: $500 PSF Above Grade: $500 Heating: Forced Air, Natural Gas Cooling: None HVAC Description: Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Exclusions: Staging items and furniture. 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: 0 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.10 Acres / 4,530 SqFt Waterfront Feat: Elementary School: Barnum / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: West / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: End Unit Construction Materials: Brick, Frame, Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks NO HOA or maintenance fees. Large, private fenced-in yard with views. Fully renovated. New roof. New paint. New floors. New appliances. New hot water tank and furnace. BONUS: this address qualifies for $17,500 in grant money to help with closing costs and down payment. Stop renting and start building equity! Soak in the spectacular views of downtown from your enormous, private backyard in this ne... Confidential Information Private Remarks: Owner is selling both front and back unit. Make sure to check out both units while you're there. Back unit (2787) has great views of downtown Denver! Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Contract Min Earnest: $5,000 Listing Terms: 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan Title Company: Homestead Title Ownership: Individual Showing Service:
ShowingTime
List Agent: Jason Lewis List Office: Your Castle Real Estate Inc Email:
Showing Information List Agent Phone: 303-949-8662 Mobile: 303-949-8662
jason@ecospace.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/26/2022 1:08:24 PM
2787 W 2nd Avenue, Denver, CO 80219
----
$384,000 - Pending
3401 W Gill Place, Denver, CO 80219 (Status: Closed, Listing ID: 8808738) Close Price: $340,000 County: Denver List Price: $343,500 Property Type: Residential Original List Price: $345,500 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Duplex Year Built: 1998 Subdivision Name: Adams Park Listing Contract Date: 12/02/2021 Purchase Contract Date: 12/18/2021 Contingency: None Known Close Date (DIM): 01/14/2022 Days In MLS: 0 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,233 Tax Year: 2020 Tax Legal Desc: ADAMS PARK ANNEX B23 S/2 L41 & 42 & S/2 OF W/2 OF L40 Interior Area & SqFt 1,001 Living Area (SqFt Finished): 1,001 Above Grade Finished Area: 1,001 $340 PSF Finished: $340 PSF Above Grade: $340
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: None Exclusions: Washer and Dryer Bedrooms Total: Baths Full:
3 1
Parking Total: Carport Spaces:
1 1
HVAC Description: Bed & Bath Summary 1 0 Baths Half: 0 Baths One Quarter: Parking Garage Spaces: 0 Offstreet Spaces: 0 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Elementary School: Munroe / Denver 1 Middle/Junior Sch: Strive Westwood / Denver 1 High School: West / Denver 1 Building & Water Information
Bathrooms Total: Baths Three Quarter:
Bldg/Complex Name: Architectural Style: Contemporary Entry Level/Loc: Construction Materials: Frame Roof: Composition Water Included:
Common Walls:
0
1 Common Wall
Exterior Features: Water Source: Sewer: Public Sewer Public Remarks Come and see this great affordable half duplex , this 3 bedroom, 1 bath home is the westwood/ Adams Park area, 15 min to downtown denver, schools, easy commute to restaurants and shopping, great first time home buyer home, private yard with attached carport. Show and Sell! Confidential Information Buyer Agency Comp: 2.5% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.5% List Agent: Alejandra Cano List Office: SELECT REALTY LLC Email: alexabogen@gmail.com Buyer Agent: Brittney Vernon Buyer Office: Your Castle Realty LLC Email: brittneyvernon@gmail.com Concessions: No Buyer Financing: FHA
List Agent Phone: 720-560-2187 Mobile: 720-560-2187 Buyer Agent Phone: 720-628-4620 Mobile: 720-628-4620 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/26/2022 1:08:24 PM
3401 W Gill Place, Denver, CO 80219
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$340,000 - Closed
3468 W Walsh Place, Denver, CO 80219 (Status: Closed, Listing ID: 9387006) County: Denver Property Type: Residential Property Subtype: Multi-Family Levels: Two Structure Type: Townhouse Subdivision Name: Adams Gardens Listing Contract Date: 12/23/2021 Purchase Contract Date: 12/25/2021 Close Date (DIM): 01/19/2022 Days In MLS: 2 Association: N Multiple: Cov/Rest: Tax Annual Amt: $1,614 Tax Legal Desc: ADAMS GARDENS BLK 36 E Interior Area & SqFt 1,426 Living Area (SqFt Finished): 713 713 Below Grade Finished Area: 0 $270 PSF Finished: $540 Bsmnt Ceiling Ht:
Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Full Heating: Forced Air Cooling: Central Air Exclusions: Personal property.
Close Price: List Price: Original List Price:
$385,000 $355,900 $355,900
Basement: Year Built:
Yes 2004
Contingency:
None Known
Assoc Fee Tot Annl: $0.00 Tax Year: 2020 1/2 L17 & W 1/2 L18 Above Grade Finished Area: 713 Below Grade Unfinished Area: 713 PSF Above Grade: $540
HVAC Description:
Bed & Bath Summary 2 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.07 Acres / 3,250 SqFt Waterfront Feat: Lot Features: Level Elementary School: Castro / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Bruce Randolph / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Construction Materials: Wood Siding Roof: Architectural Shingles Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks This is a very spacious townhome full of light and ready for move in. Come and see it before it's gone. Offers 3 bedrooms 2 bathrooms, back yard, and detached car garage. More pictures to come. Confidential Information Private Remarks: Please wear mask all the time and follow the Covid guidelines recommended. Seller will not review offers until Dec 28th. Please allow 48 hour acceptance deadline as seller will need to discuss offers with wife for divorce purposes. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% Bedrooms Total: Baths Full:
3 2
Bathrooms Total: Baths Three Quarter:
List Agent: Laura Villereal List Office: Brokers Guild Real Estate Email:
Laura@bellavistateam.com
Buyer Agent: Angelica Rodriguez Buyer Office: Keller Williams Realty LLC Email: angierj.coloradohomes@gmail.com Co Buyer Agent: Aureliano Yepez Co Buyer Office: Keller Williams Realty LLC Email: themorenogroup303@gmail.com Concessions: Buyer Closing Costs/Seller Points Paid, $1,000 Buyer Financing: FHA
List Agent Phone: 720-788-4782 Mobile: 720-788-4782 Buyer Agent Phone: 720-375-5179 Mobile: 720-375-5179 Phone: 720-707-8164 Mobile: 720-707-8164 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/26/2022 1:08:24 PM
3468 W Walsh Place, Denver, CO 80219
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$385,000 - Closed
163 S Osceola Street Lot 23, Denver, CO 80219 (Status: Closed, Listing ID: 4226814) Close Price: $405,000 County: Denver List Price: $375,000 Property Type: Residential Original List Price: $375,000 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Triplex Year Built: 1963 Subdivision Name: Barnum Listing Contract Date: 03/25/2022 Purchase Contract Date: 03/28/2022 Contingency: None Known Close Date (DIM): 04/26/2022 Days In MLS: 3 Association: N Multiple: Cov/Rest: Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,328 Tax Year: 2020 Tax Legal Desc: L 23, 24 & 25 BLK 19 P T BARNUMS SUB Interior Area & SqFt Building Area Total (SqFt Total): 750 Living Area (SqFt Finished): 750 Above Grade Finished Area: 750 PSF Total: $540 PSF Finished: $540 PSF Above Grade: $540 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Concrete Perimeter Fireplace: Heating: Forced Air Cooling: None HVAC Description: Interior Features: Ceiling Fan(s) Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer Flooring: Laminate, Tile 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: 2 Garage Spaces: 0 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.07 Acres / 3,145 SqFt Waterfront Feat: Horse: No Ski Features: Elementary School: Knapp / Denver 1 Bldg/Complex Name: Middle/Junior Sch: West Leadership / Denver 1 High School: West / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: 1 Common Wall Direction Faces: East View: Construction Materials: Cement Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Remodeled unit in triplex. New bathroom, new appliances, updated roof, updated flooring, new paint, new windows and new siding. Quick access to 6th ave. Property on a quiet street with large yard. Features 2 Large Bedrooms, 1 Bath. Unit has 2 dedicated off street parking spaces in addition to plenty of off street parking. Includes large storage unit and two new laundry units to use. NO HOA's Confidential Information Private Remarks: Go and Show! Parcel number to be inserted by title company. Tax amount are yet to be assigned/determined by city. Buyer to confirm unit square footage, lot square footage, schools and taxes. 2020 tax amount is for all three units. Shared washer/dryer common space (2 new stackable being installed). 163 s Osceola is the front unit. Storage unit is the first on the right coming from the south Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%
List Agent: Alicia Peacock List Office: MODUS Real Estate Email: alicia@modusrealestate.com Co List Agent: Brad Simbric Co List Office: MODUS Real Estate Email: brad@modusrealestate.com Buyer Agent: Brian Conley Buyer Office: West and Main Homes Inc Email:
letsgetrealty@gmail.com
Concessions: No Buyer Financing: Conventional
List Agent Phone: 406-291-7822 Mobile: 720-806-0179 Phone: 303-345-7668 Mobile: 303-345-7668 Buyer Agent Phone: 303-668-4146 Mobile: 303-668-4146 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 06/26/2022 1:08:24 PM
163 S Osceola Street, Denver, CO 80219
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$405,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 06/26/2022 to 12/28/2021 Property Sub Type is one of 'Multi-Family',
'Townhouse' Latitude, Longitude is within 1.00 mi of 2 S Meade St, Denver, CO 80219, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 12 Properties have been discarded.
Residential Active Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
5004724 2785 W 2nd Avenue
Denver
2
1
744
744
744
05/18/22
$499
$499
4809400 167 S Osceola
Denver
2
1
750
750
750
06/03/22
$513
Averages:
747
747
747
$506
Count: 2
High $385,000
List Price:
PSF Fin DIM Orig Price
$499
$513
$513
$506
$506
Low $371,000
List Price
36
399,000
$371,000
23 30
410,000
$385,000
$404,500
$378,000
PSF Fin DIM Orig Price
List Price
Median $378,000
Pending Properties Listing ID Address
City
3927896 2787 W 2nd AVE
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
1
768
768
768
06/12/22
$500
$500
$500
Averages:
768
768
768
$500
$500
$500
Count: 1
High $384,000
List Price:
Low $384,000
30 30
435,000
$384,000
$435,000
$384,000
Median $384,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
8808738 3401 W Gill PL
Denver
3
1
1,001
1,001
1,001
01/14/22
$340
$340
$340
9387006 3468 W Walsh PL
Denver
3
2
713
1,426
713
01/19/22
$540
$270
4226814 163 S Osceola ST
Denver
2
1
750
750
750
04/26/22
$540
Averages:
821
1,059
821
$473
Count: 3
Closed Price:
Report Totals
Presented By: Elijah Schoettmer Generated on: 06/26/2022
Count : 6
Averages:
High $405,000
SqFt Abv 788
SqFt Ttl 907
PSF Abv $ 489
List Price Close Price
CP/OLP
0
345,500
$343,500 $340,000
98%
$540
2
355,900
$355,900 $385,000
108%
$540
$540
$375,000 $405,000
108%
$473
3 2
375,000
$383
$358,800
$358,133 $376,667
105%
Orig Price $386,733
List Price Close Price $369,067 $376,667
CP/OLP 105 %
Low $340,000 Sqft Fin 788
PSF Fin DIM Orig Price
Median $385,000 PSF Ttl
$444
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $489
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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