at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $775,000 with the market action index hovering around 100. This is an increase over last month's market action index of 98. Inventory has increased to 351.
Real-Time Market Profile Median List Price
$775,000
Market Action Index
Median Price of New Listings
$700,000
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$382
Average Days on Market
23
Median Days on Market
7
Price Decreased
15%
Price Increased
5%
Relisted
3%
Inventory
351
Median Rent
$2,500
Market Action
100
inventory. 50
40
Buyer's Market
60
20
80
10
on
100
100
90
ay Tod th
Las t
M
0
Seller's Market
70
30
Strong Seller's Market Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
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
$2,000,000
4,393
4,500 - 6,500 sqft
5
4
22
29
32
14
$875,000
2,344
4,500 - 6,500 sqft
4
3
79
45
40
7
$675,000
1,951
6,500 - 8,000 sqft
3
2
67
56
44
0
$499,950
1,305
6,500 - 8,000 sqft
3
2
67
52
48
0
Mon May 02 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $850K $800K $750K $700K $650K $600K $550K $500K May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 is on a bit of an up trend 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 May 2019
Sep 2019
Jan 2020
Top 90-Day
May 2020
Sep 2020
Upper 90-Day
Jan 2021
Lower 90-Day
Mon May 02 2022
May 2021
Sep 2021
Jan 2022
Apr 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 value placed on homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices. $450
$400
$350
$300
$250 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Inventory
Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 2K
1K
1K
750
500
250
0 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Mon May 02 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Market Action Index
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. 120
100
80
60
40
20 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Market Action Segments
Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group. 120
100
80
60
40
20 May 2019
Sep 2019
Jan 2020
Top 90-Day
May 2020
Sep 2020
Upper 90-Day
Jan 2021
Lower 90-Day
Mon May 02 2022
May 2021
Sep 2021
Jan 2022
Apr 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 29 days. Half of the listings have come newly on the market in the past 4 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 May 2019
Sep 2019
Jan 2020
May 2020
Sep 2020
7-Day Average
Jan 2021
May 2021
Sep 2021
Jan 2022
Apr 2022
90-Day Average
Segments
It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 125
100
75
50
25
0 May 2019
Sep 2019
Jan 2020
Top 90-Day
May 2020
Sep 2020
Upper 90-Day
Jan 2021
Lower 90-Day
Mon May 02 2022
May 2021
Sep 2021
Jan 2022
Apr 2022
Bottom 90-Day
6 of 6
1087 S Quitman St, Denver, CO 80219-3203, Denver County APN: 5184-30-011
Expired Listing
CLIP: 1566570396
MLS Beds 2
MLS Baths 1
Sale Price $104,200
Sale Date 05/26/2005
MLS Sq Ft 820
Lot Sq Ft 6,350
Yr Built 1954
Type SFR
OWNER INFORMATION
Owner Name
Rivera Francisco J
Mailing ZIP 4
3203
Mailing Address
1087 S Quitman St
Mailing Carrier Route
C034
Mailing City & State
Denver, CO
Owner Occupied
Yes
Mailing Zip
80219
LOCATION INFORMATION
Property Zip
80219
Topography
Flat/Level
Property Zip4
3203
Neighborhood Code
Westwood-0522
Property Carrier Route
C034
Neighborhood Name (OnBoard)
Westwood
School District
Denver County 1
Traffic
Local
Elementary School
Castro
Township
04S
Middle School
West Leader
Range
68W
High School
Abraham Lincoln
Section
18
Subdivision
Kentucky Gardens Annex
Quarter
SE
Zoning
E-SU-D1X
Block
12
Census Tract
45.03
Lot
27
PIN
5184-30-011
% Improved
60%
Schedule Number
0518430011000
Tax District
DENV
Legal Description
L 27 & 28 BLK 12 KENTUCKY GAR DENS ANNEX
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$117,200
$88,700
$88,700
Market Value - Improved
$173,200
$175,100
$175,100
Market Value - Total
$290,400
$263,800
$263,800
Assessed Value - Land
$8,380
$6,340
$6,340
Assessed Value - Improved
$12,380
$12,520
$12,520
Assessed Value - Total
$20,760
$18,860
$18,860
YOY Assessed Change (%)
10.07%
0%
YOY Assessed Change ($)
$1,900
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,360
2020
$1,399
$39
2.88%
2021
$1,549
$150
10.7%
CHARACTERISTICS
Lot Acres
0.1458
Total Rooms
4
Lot Sq Ft
6,350
Bedrooms
2
Land Use - County
Single Family Resident
Baths - Total
1
Land Use - CoreLogic
SFR
MLS Total Baths
1
Year Built
1954
Baths - Full
1
Bldg Sq Ft - Above Ground
820
Stories
1
Bldg Sq Ft - Total
820
Heat Type
Warm Air
Bldg Sq Ft - Finished
820
Patio Type
Concrete/Masonry Patio
Bldg Sq Ft - 1st Floor
820
Garage Type
Parking Avail
Basement Type
MLS: Raised
Exterior
Stucco
# Buildings
1
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: 05/02/22 Page 1/3
Conc/Brck Patio
72
Opn Prch-Frm
196
Util Shed-Frame
243
SELL SCORE
Rating
Very Low
Sell Score
319
Value As Of
2022-05-01 03:23:44
LISTING INFORMATION
MLS Listing Id
9178275
MLS Current Price
$379,900
MLS Days On Market
8
MLS Original List Price
$379,900
MLS Source
REcolorado
MLS Listing Contract Date
10/08/2021
MLS Status
Expired
MLS List Office Name
MB FIRST CHOICE REAL ESTATE BROKERS LLC
MLS Status Change Date
01/01/2022
MLS List Agent Full Name
327802-Darrell Evangelista
Sale Date
05/26/2005
Deed Type
Personal Representative's Deed
Sale Price
$104,200
Owner Name
Rivera Francisco J
Price per SqFt - Finished
$127.07
Seller
Martinez Emiliano M
Document Number
91463
LAST MARKET SALE & SALES HISTORY
Sale Date
11/19/2021
09/16/2020
06/26/2013
05/26/2005
Nominal
Y
Y
Y
Buyer
Rivera Francisco J
Rivera Francisco J Jr
Rivera Fransisco
Seller
Rivera Francisco J Jr
Campbell Ersilia
Rivera Fransisco & Ersilia
Martinez Emiliano M
Document Number
217118
158079
101015
91463
Document Type
Quit Claim Deed
Quit Claim Deed
Quit Claim Deed
Personal Representative's D eed
Title Company
Land Title Guarantee
Sale Price
$104,200
Buyer
Rivera Francisco J Jr & Ersil ia Rivera Ersilia
Security Title Co
MORTGAGE HISTORY
Mortgage Date
11/23/2021
06/04/2005
Mortgage Amount
$286,300
$83,300
Mortgage Lender
Guild Mtg
Rbc Mtg Co
Borrower
Rivera Francisco J
Rivera Francisco J Jr
Borrower
Rivera Ersilia
Mortgage Type
Conventional
Conventional
Mortgage Purpose
Nominal
Resale
Mortgage Int Rate Type
Fixed Rate Loan
Mortgage Term
30
30
Mortgage Term
Years
Years
FORECLOSURE HISTORY
Document Type
Release Of Lis Pendens/Notic e
Foreclosure Filing Date
Notice Of Trustee's Sale
Release Of Lis Pendens/Notic e
01/21/2013
Notice Of Trustee's Sale 01/13/2009
Recording Date
08/14/2013
01/28/2013
05/04/2009
01/16/2009
Document Number
120598
11776
54010
5262
Final Judgment Amount
$74,666
$80,061
Original Doc Date
01/28/2013
06/04/2005
01/16/2009
06/04/2005
Original Document Number
11776
91464
5262
91464
Property Details
Courtesy of Elijah Schoettmer, REcolorado
The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.
Generated on: 05/02/22 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: 05/02/22 Page 3/3
Map of Property Locations
1076 S Raleigh Street, Denver, CO Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
80219 2744063 Pending 05/01/22 $400,000 SFR 720 2/1 303-573-7469
1195 S Quitman Street, Denver, CO 80219 Listing Id: 6186249 Status: Closed 03/08/22 Price: $420,000 3 Subtype: SFR Ttl SqFt: 1,772 Bd/Bth: 2/1 Show #: 3035737469 1260 S Raleigh Street, Denver, CO Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:
80219 9186451 Closed 01/10/22 $450,000 SFR 889 3/1 800-SHOWING
969 S Tennyson Street, Denver, CO 80219 Listing Id: 6179940 Status: Closed 12/20/21 Price: $365,000 Subtype: SFR 2 Ttl SqFt: 1,060 Bd/Bth: 3/2 Show #: 3035737469 1140 S Tennyson Street, Denver, CO 80219 Listing Id: 4989298 Status: Closed 12/01/21 Price: $425,000 Subtype: SFR 4 Ttl SqFt: 770 Bd/Bth: 2/1 Show #:
Broker 1 Page 1076 S Raleigh Street, Denver, CO 80219 (Status: Pending B/U, Listing ID: 2744063) County: Denver List Price: $400,000 Property Type: Residential Original List Price: $400,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1953 Subdivision Name: Westwood Listing Contract Date: 04/29/2022 Purchase Contract Date: 05/01/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 2 Association: N Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,595 Tax Year: 2021 Tax Legal Desc: L 19 & 20 BLK 12 KENTUCKY GARDENS ANNEX Interior Area & SqFt Building Area Total (SqFt Total): 720 Living Area (SqFt Finished): 720 Above Grade Finished Area: 720 PSF Total: $556 PSF Finished: $556 PSF Above Grade: $556 Basement: Crawl Space Bsmnt Ceiling Ht: Heating: Forced Air Cooling: Air Conditioning-Room HVAC Description: Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Tile, Wood Exclusions: staging items Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 0 Offstreet Spaces: 3 Site & Location Information Lot Size: 0.15 Acres / 6,350 SqFt Waterfront Feat: Lot Features: Level Elementary School: Castro / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Compass Academy / Denver 1 High School: Abraham Lincoln / Denver 1 Building & Water Information Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome home! Super cute home located in Southwest Denver; just 10 minutes to downtown, and 5 minutes to all the shopping and restaurants that Belmar has to offer. You're also within walking distance to Garfield Lake Park, with basketball courts, bike trail, community pool, and more! As you enter the home, you're welcomed with a light, bright, and open living space that flows right into your kitch... Confidential Information Private Remarks: Agent owner. Please include the appropriate verbiage in additional provisions of the contract stating this. All information deemed reliable but not guaranteed, buyer/buyer's agent to verify. Showings begin Friday 4/29. In the event of multiple offers, seller request that all offers are in by 2PM Tuesday with a response time of Tuesday @5PM. This home has been a rental for the last 5 years. Most re Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.0% Contract Earnest Check To: Fidelity National Title Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Fidelity National Title Ownership: Agent Owner Showing Information Showing Contact Phone:
303-573-7469
Show Email:
List Agent: Jameson Cappelli List Office: Keller Williams Realty Downtown LLC Email: JamesonCappelli@kw.com
No Showings Until: List Agent Phone: 720-355-2226 Mobile: 720-355-2226
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/02/2022 1:56:24 PM
Full Property View - Client
1076 S Raleigh Street, Denver, CO 80219
----
$400,000 - Pending
969 S Tennyson Street, Denver, CO 80219 (Status: Closed, Listing ID: 6179940) Close Price: $365,000 County: Denver List Price: $336,000 Property Type: Residential Original List Price: $336,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 2002 Subdivision Name: Kentucky Gardens Listing Contract Date: 11/18/2021 Purchase Contract Date: 11/20/2021 Contingency: None Known Close Date (DIM): 12/20/2021 Days In MLS: 2 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,633 Tax Year: 2020 Tax Legal Desc: KENTUCKY GARDENS BLK 3 E 123FT OF L24 EXC S 1FT THEREOF Interior Area & SqFt Building Area Total (SqFt Total): 1,060 Living Area (SqFt Finished): 1,060 Above Grade Finished Area: 1,060 PSF Total: $344 PSF Finished: $344 PSF Above Grade: $344 Foundation: Concrete Perimeter Fireplace: Heating: Forced Air Cooling: Air Conditioning-Room HVAC Description: Interior Features: Butcher Counters, Eat-in Kitchen, Primary Suite, Open Floorplan, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Washer, Water Purifier Flooring: Cork, Laminate Furnished: Unfurnished Exclusions: Personal property in storage shed and garage. Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.17 Acres / 7,572 SqFt Waterfront Feat: Lot Features: Level Elementary School: Force / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Kepner / Denver 1 High School: John F. Kennedy / Denver 1 Building & Water Information Architectural Style: Modular Entry Level/Loc: Common Walls: End Unit Unit Count: Direction Faces: North View: Construction Materials: Frame, Vinyl Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Lovely, homey remodel. All surfaces new; Kitchen, cabinets, baths, countertops, flooring, paint, doors. Very stylish, yet affordable home in up and coming neighborhood. Attached oversized one-car garage. Really large lot plus private fenced back yard. Perfect for a big garden NO HOA!! Full of vibrant culture, food, and art, Westwood is one of Denver's fastest up and coming neighborhoods. Ove... Confidential Information Private Remarks: Shared water tap with neighbor. Bill split monthly. Separate submeter on fence in back yard next to back garage door. Listing broker is related to Seller. Please call broker prior to submitting offers. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%
List Agent: Jon Sommer List Office: Your Castle Real Estate Inc Email:
JON@JSOREALTY.net
Buyer Agent: Rob Classen Buyer Office: Your Castle Real Estate Inc Email:
TheHomeTeam@YourCastle.org
Concessions: No Buyer Financing: FHA
List Agent Phone: 303-947-3638 Mobile: 303-947-3638 Buyer Agent Phone: 720-320-6666 Mobile: 720-320-6666 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/02/2022 1:56:25 PM
969 S Tennyson Street, Denver, CO 80219
----
$365,000 - Closed
1195 S Quitman Street, Denver, CO 80219 (Status: Closed, Listing ID: 6186249) County: Denver Property Type: Residential Property Subtype: Single Family Residence Levels: One Structure Type: House Subdivision Name: Mar Lee Listing Contract Date: 12/21/2021 Purchase Contract Date: 12/22/2021 Close Date (DIM): 03/08/2022 Days In MLS: 1 Association: N Multiple: Cov/Rest: N Tax Annual Amt: $1,779 Tax Legal Desc: L 11 BLK 3 JEROME ADD Interior Area & SqFt 1,772 Living Area (SqFt Finished): 886 886 Below Grade Finished Area: 0 $237 PSF Finished: $474 Bsmnt Ceiling Ht: 8' Fireplace:
Close Price: List Price: Original List Price:
$420,000 $399,000 $399,000
Basement: Year Built:
Yes 1953
Contingency:
None Known
Assoc Fee Tot Annl: Tax Year:
$0.00 2021
Building Area Total (SqFt Total): Above Grade Finished Area: 886 Below Grade Total Area: Below Grade Unfinished Area: 886 PSF Total: PSF Above Grade: $474 Basement: Unfinished Foundation: Slab Heating: Forced Air Cooling: None HVAC Description: Appliances: Dishwasher, Disposal, Range, Refrigerator Flooring: 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: 0.17 Acres / 7,360 SqFt Waterfront Feat: Elementary School: Force / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Grant / Denver 1 High School: John F. Kennedy / Denver 1 Building & Water Information Architectural Style: Bungalow Entry Level/Loc: Common Walls: No Common Walls Unit Count: Direction Faces: East View: Construction Materials: Frame Roof: Composition Exterior Features: Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Mid-century modern Denver charmer for under $400k! Huge back sun room (not included in the square footage). Large corner lot just waiting for your new touches and green thumb. Brand new paint job inside and out. Brand new garage door with brand new opener. New concrete floor in garage and brand new front porch. Brand new gas range, never been used! Beautiful and original hardwood floors. Unfinishe... Confidential Information Private Remarks: Go and show. Quick close available. Please mind all COVID protocols. Seller lives overseas so requires 24 hours notice on all correspondence. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% List Agent: Lynette Prosser List Office: Queen City Properties Email: lynette_prosser@yahoo.com Buyer Agent: Lauren Hardin Buyer Office: Compass - Denver Email: laurenh@phippsteam.com Co Buyer Agent: The Phipps Team Co Buyer Office: Compass - Denver Email: robyn@phippsteam.com Concessions: No Buyer Financing: Conventional
List Agent Phone: 303-638-5236 Mobile: Buyer Agent Phone: 303-589-3152 Mobile: 303-589-3152 Phone: 720-484-8620 Mobile: Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/02/2022 1:56:25 PM
1195 S Quitman Street, Denver, CO 80219
----
$420,000 - Closed
1140 S Tennyson Street, Denver, CO 80219 (Status: Closed, Listing ID: 4989298)
Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: None Flooring: Vinyl Exclusions: None
County: Denver Property Type: Residential Property Subtype: Single Family Residence Levels: One Structure Type: House Subdivision Name: Jerome Addition Listing Contract Date: 09/30/2021 Purchase Contract Date: 11/01/2021 Close Date (DIM): 12/01/2021 Days In MLS: 19 Association: N Multiple: Cov/Rest: N Tax Annual Amt: $1,457 Tax Legal Desc: L 5 BLK 4 JEROME ADD Interior Area & SqFt 770 Living Area (SqFt Finished): 770 $552 PSF Finished: $552
Close Price: List Price: Original List Price:
$425,000 $425,000 $425,000
Basement: Year Built:
No 1954
Contingency:
None Known
Assoc Fee Tot Annl: Tax Year:
$0.00 2020
Above Grade Finished Area: PSF Above Grade:
770 $552
HVAC Description:
Bed & Bath Summary 1 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Site & Location Information Lot Size: 0.17 Acres / 7,500 SqFt Waterfront Feat: Lot Features: Level Elementary School: Force / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Compass Academy / Denver 1 High School: John F. Kennedy / Denver 1 Building & Water Information Construction Materials: Frame Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks One can feel the quality of this professional remodel as you walk in. Very light and bright with all new windows and fresh paint. New doors, trim and hardware. The fantastic kitchen provides high end appliances, slab quartz counters, designer back splash and new cabinets with slow close drawers and doors. Wait until you see the tile work in the bathroom for yourself! It is exquisite with great dep... Confidential Information Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% Bedrooms Total: Baths Full:
2 1
Bathrooms Total: Baths Three Quarter:
List Agent: James Ryan List Office: @ Home Realty Email: jsryan4@msn.com Buyer Agent: Cathie Nicholson Buyer Office: Berkshire Hathaway HomeServices Elevated Living RE Email:
Cathie@BHHSelevated.com
Concessions: Buyer Closing Costs/Seller Points Paid, $5,000 Buyer Financing: FHA
List Agent Phone: 303-332-2727 Mobile: Buyer Agent Phone: 303-670-3232 Mobile: 303-946-2332 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/02/2022 1:56:25 PM
1140 S Tennyson Street, Denver, CO 80219
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$425,000 - Closed
1260 S Raleigh Street, Denver, CO 80219 (Status: Closed, Listing ID: 9186451) Close Price: $450,000 County: Denver List Price: $450,000 Property Type: Residential Original List Price: $450,000 Property Subtype: Single Family Residence Levels: One Basement: No Structure Type: House Year Built: 1950 Subdivision Name: Mar Lee Listing Contract Date: 12/09/2021 Purchase Contract Date: 12/11/2021 Contingency: None Known Close Date (DIM): 01/10/2022 Days In MLS: 2 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,612 Tax Year: 2020 Tax Legal Desc: L 7 BLK 6 JEROME ADD Interior Area & SqFt Building Area Total (SqFt Total): 889 Living Area (SqFt Finished): 889 Above Grade Finished Area: 889 PSF Total: $506 PSF Finished: $506 PSF Above Grade: $506 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Built-in Features, Eat-in Kitchen, Granite Counters, No Stairs, Open Floorplan, Radon Mitigation System Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer Flooring: Vinyl Furnished: Unfurnished Exclusions: none Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 1 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 1 Offstreet Spaces: 2 Site & Location Information Lot Size: 0.17 Acres / 7,500 SqFt Waterfront Feat: Lot Features: Level Horse: No Ski Features: Elementary School: Force / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Compass Academy / Denver 1 High School: John F. Kennedy / Denver 1 Building & Water Information Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Beautifully remodeled Mar Lee home that is ready for you to move in! This 3 bedroom, 1 bathroom ranch features an open floor plan and sprawling luxury vinyl flooring throughout. Upon entering home you will find the living room that leads into the open and modern kitchen with stainless steel appliances, granite countertops, high-top breakfast bar and eat-in dining space. 3 bedrooms with 1 full, up... Confidential Information Private Remarks: Showings start Thursday. Please call 800-SHOWING to schedule a showing & follow our social distancing guidelines in the showing instructions. Buyer and buyers agent to verify square footage. No love letters will be presented to the seller. Agent uses CTMecontracts. For more info and a faster response, please contact listingteam@wisdomrealestate.com. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5%
List Agent: Wisdom Real Estate List Office: Wisdom Real Estate Email: listingteam@wisdomrealestate.com Co List Agent: Jason Kolar Co List Office: Wisdom Real Estate Email:
ListingTeam@WisdomRealEstate.com
Buyer Agent: Jonathan Makolondra Buyer Office: Your Castle Realty LLC Email: jmak@yourcastle.com Concessions: No Buyer Financing: Cash
List Agent Phone: 720-252-3854 Mobile: 720-252-3854 Phone: 720-409-2299 Mobile: Buyer Agent Phone: 720-771-4262 Mobile: 720-771-4262 Close Information
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/02/2022 1:56:25 PM
1260 S Raleigh Street, Denver, CO 80219
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$450,000 - Closed
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/02/2022 to 11/03/2021 Latitude, Longitude is within 0.25 mi of
1087 S Quitman St, Denver, CO 80219, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 9 Properties have been discarded.
Residential Pending Properties Listing ID Address
City
2744063 1076 S Raleigh ST
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
1
720
720
720
05/01/22
$556
$556
$556
Averages:
720
720
720
$556
$556
$556
Count: 1
High $400,000
List Price:
Low $400,000
PSF Fin DIM Orig Price
2 2
List Price
400,000
$400,000
$400,000
$400,000
Median $400,000
Closed Properties Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
Denver
3
2
1,060
1,060
1,060
12/20/21
$344
$344
$344
6186249 1195 S Quitman ST
Denver
2
1
886
1,772
886
03/08/22
$474
$237
4989298 1140 S Tennyson ST
Denver
2
1
770
770
770
12/01/21
$552
9186451 1260 S Raleigh ST
Denver
3
1
889
889
889
01/10/22
$506
Averages:
901
1,123
901
$469
Listing ID Address
City
6179940 969 S Tennyson ST
Count: 4
Closed Price:
Report Totals
Presented By: Elijah Schoettmer Generated on: 05/02/2022
Count : 5
High $450,000
SqFt Abv 865 Averages:
SqFt Ttl 1,042
List Price Close Price
CP/OLP
2
336,000
$336,000 $365,000
109%
$474
1
399,000
$399,000 $420,000
105%
$552
$552
19
425,000
$425,000 $425,000
100%
$506
$506
450,000
$450,000 $450,000
100%
$410
$469
2 6
$402,500
$402,500 $415,000
103%
Orig Price $402,000
List Price Close Price $402,000 $415,000
CP/OLP 103 %
Low $365,000 Sqft Fin 865
PSF Abv $ 486
PSF Fin DIM Orig Price
Median $422,500 PSF Ttl
$439
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $486
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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