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MarComparativeketAnalysis 349 South Grant Street, Denver, Colorado 80209 349 S Grant St CMA AUGUST 11, 2022 David Kirilchuk
349 S Grant St, Denver, CO 80209-1724, Denver County APN: 5151-06-022 CLIP: 5247212429 MLS Beds 4 MLS Full Baths 1 Half Baths 1 MLS Sale Price $752,000 MLS Sale Date 06/29/2017 MLS Sq Ft 2,400 Lot Sq Ft 3,720 Yr Built 1904 Type SFR OWNER INFORMATION Owner Name Himebaugh Roberta Page Mailing ZIP 4 1724 Mailing Address 349 S Grant St Mailing Carrier Route C005 Mailing City & State Denver, CO Owner Occupied Yes Mailing Zip 80209 LOCATION INFORMATION Property Zip 80209 Topography Flat/Level Property Zip4 1724 Neighborhood Code W Washington Park 0525 Property Carrier Route C005 Neighborhood Name (OnBoard) Washington Park West School District Denver County 1 Traffic Graded Elementary School Lincoln Township 04S Middle School Grant Beacon Range 68W High School South Section 15 Subdivision Gallups South Broadway Quarter NE Zoning U SU B2 Block 22 Census Tract 29 01 Lot 31 TAX INFORMATION PIN 5151 06 022 % Improved 70% Schedule Number 0515106022000 Tax District DENV Legal Description N 31 1/4 FT BLK 22 EXC REAR 6 F T TO CITY GALLUPS SOUTH BRO ADWAY SUB ASSESSMENT & TAX Assessment Year 2021 2020 2019 Market Value Land $259,000 $240,500 $240,500 Market Value Improved $595,800 $508,100 $508,100 Market Value Total $854,800 $748,600 $748,600 Assessed Value Land $18,520 $17,200 $17,200 Assessed Value Improved $42,600 $36,330 $36,330 Assessed Value Total $61,120 $53,530 $53,530 YOY Assessed Change (%) 14 18% 0% YOY Assessed Change ($) $7,590 $0 Tax Year Total Tax Change ($) Change (%) 2019 $3,860 2020 $3,972 $111 2 88% 2021 $4,561 $589 14 83% CHARACTERISTICS Lot Acres 0 0854 Total Rooms 6 Lot Sq Ft 3,720 Bedrooms Tax: 3 MLS: 4 Land Use County Single Family Resident Baths Total 3 Land Use CoreLogic SFR MLS Total Baths 3 Year Built 1904 Baths Full Tax: 2 MLS: 1 Bldg Sq Ft Above Ground 1,696 Baths Half 1 Bldg Sq Ft Basement 744 Stories 2 Bldg Sq Ft Finished Basement 644 Heat Type Warm Air Bldg Sq Ft Unfinished Basement 100 Patio Type Wood Deck Bldg Sq Ft Total 2,440 Garage Type Detached Garage Bldg Sq Ft Finished Tax: 2,340 MLS: 2,400 Garage Capacity MLS: 2 Bldg Sq Ft 1st Floor 952 Garage Sq Ft 400 Bldg Sq Ft 2nd Floor 744 Exterior Frame/Masonry Basement Type Full Quality Average # Buildings 1 Property Details Courtesy of David Kirilchuk, REcolorado Generated on:08/11/22 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 Page 1/3
FEATURES Feature Type Size/Qty Opn Prch Frm 139 Wd Deck 182 Det Garage Msry 400 SELL SCORE Rating Low Value As Of 2022 08 07 05:18:44 Sell Score 443 LISTING INFORMATION MLS Listing Id 5133419 MLS Close Price $752,000 MLS Days On Market 38 MLS Listing Contract Date 04/27/2017 MLS Source REcolorado MLS Close Date 06/29/2017 MLS Status Closed MLS List Office Name PORCHLIGHT REAL ESTATE GRO UP MLS Status Change Date 06/30/2017 MLS List Agent Full Name 029943 Kelly Hudson MLS Current Price $759,900 MLS Buyer Agent Full Name 042988 Nate Postlethwait MLS Original List Price $775,000 MLS Buyer Office Name LIV SOTHEBY'S INTERNATIONAL REALTY MLS Listing # 937890 MLS Source History REcolorado MLS Status Closed MLS Listing Price $275,000 MLS Orig Listing Price $345,000 MLS Listing Close Price $268,000 MLS Listing Date 10/08/2010 MLS Close Date 03/15/2011 LAST MARKET SALE & SALES HISTORY Sale Date Tax: 07/03/2017 MLS: 06/29/2017 Deed Type Warranty Deed Sale Price $752,000 Owner Name Himebaugh Roberta Page Price per SqFt Finished $321 37 Seller Cholak Rebekah A Document Number 87080 Sale Date 07/03/2017 03/17/2011 08/13/2010 08/23/2010 02/20/2001 Sale Price $752,000 $268,000 $304,000 Nominal Y Y Buyer Himebaugh Roberta P Cholak Rebekah A Fv Reo I LLC RV Reo I LLC Kreissler Charles T Buyer Seller Cholak Rebekah A RV Reo I LLC RV Reo I LLC Deputy Public Te Of De nver Cnty Murphy Thomas A Jr & Kelly A Document Number 87080 32746 32744 94171 24825 Document Type Warranty Deed Special Warranty Deed Rerecorded Deed Public Trustees Deed Warranty Deed Title Company Colorado Escrow Title W Equity Title Co First American Heritag e Title Sale Date 04/01/1997 07/30/1996 02/24/1993 Sale Price $164,000 Nominal Y Buyer Murphy Thomas A Jr & Kelly A Starke Kelly A & Murphy T A Mungle Burlin Dewayne Buyer Murphy Kelly A Starke Murphy T A Seller Murphy Thomas A Jr & Kelly A Corak Michael & Deborah A Torkelson Vern F Document Number 48263 116023 25600 Document Type Quit Claim Deed Warranty Deed Warranty Deed Title Company MORTGAGE HISTORY Mortgage Date 07/03/2017 05/25/2016 01/16/2015 07/01/2014 06/10/2013 Mortgage Amount $412,000 $50,000 $725,000 $585,000 $350,000 Mortgage Lender Emc Hldgs LLC * Other Institutional Le nders * Other Institutional Le nders Private Individual Property Details Courtesy of David Kirilchuk, REcolorado Generated on:08/11/22 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 Page 2/3
Borrower Himebaugh Roberta P Cholak Rebekah Rc Design Studio LLC Rc Designstudio Cholak Rebekah A Borrower Rc Design Studio LLC Rc Design Studio LLC Mortgage Type Conventional Conventional Mortgage Purpose Resale Construction Construction Refi Construction Mortgage Int Rate 8 Mortgage Term 30 1 1 1 Mortgage Term Years Years Years Years Title Company Attorney Only Mortgage Date 05/02/2013 08/09/2012 02/06/2007 Mortgage Amount $450,000 $300,000 $90,000 Mortgage Lender Private Individual Greenpoint Mtg Fndg Borrower Cholak Rebekah A Cholak Rebekah A Kreissler Charles T Borrower Rc Designstudio Mortgage Type Conventional Mortgage Purpose Construction Construction Refi Mortgage Int Rate 8 Mortgage Term 1 1 30 Mortgage Term Years Years Years Title Company Fidelity National Title Insura First Denver Title Inc FORECLOSURE HISTORY Document Type Certificate Of Purchase Notice Of Trustee's Sale Foreclosure Filing Date 03/17/2010 Recording Date 08/02/2010 04/01/2010 Document Number 85046 35392 Final Judgment Amount $251,906 $251,906 Original Doc Date 05/11/2004 05/11/2004 Original Document Number 103758 103758 PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of David Kirilchuk, REcolorado Generated on:08/11/22 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 Page 3/3
Online Valuation Analysis How accurate are Zestimates? 0.8% $6,548 Zestimates varied up to 0.8% or $6,548 compared to actual MLS prices. A ADDRESS PRICE ZESTIMATE DIFFERENCE 159 S Grant Street $790,000 $790,041 0 0% 400 S Sherman Street $795,000 $788,452 0 8% 331 S Sherman Street $1,000,000 $1,000,004 0 0% 219 S Logan Street $1,175,000 $1,175,061 0.0% P ADDRESS PRICE ZESTIMATE DIFFERENCE 511 S Pennsylvania Street $900,000 $900,007 0 0% 214 S Lincoln Street $1,100,000 $1,100,008 0 0% S ADDRESS SOLD DATE SOLD PRICE ZESTIMATE DIFFERENCE 300 S Lincoln Street 7/29/22 $595,000 $600,005 0.8% 520 E Dakota Avenue 7/15/22 $670,000 $671,100 0 2% 165 S Sherman Street 7/25/22 $870,000 $870,600 0.1% 528 S Sherman Street 6/30/22 $1,225,000 $1,230,600 0.5% Source: Zillow 4 Active 2 Pending 4 Sold Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 4
Map of Comparable Listings STATUS: A = ACTIVE P = PENDING S = CLOSED MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 349 S Grant St 4 3.00 2,400 2 5639541 A 159 S Grant Street 3 2 00 2,000 $790,000 3 9909267 A 400 S Sherman Street 4 2 00 1,639 $795,000 4 8444275 A 331 S Sherman Street 4 4 00 2,513 $1,000,000 5 4880899 A 219 S Logan Street 4 5.00 2,854 $1,175,000 6 1778256 P 511 S Pennsylvania Street 3 2.00 1,654 $900,000 7 4139052 P 214 S Lincoln Street 3 3.00 2,965 $1,100,000 8 3305077 S 300 S Lincoln Street 3 2.00 1,886 $595,000 9 IR967912 S 520 E Dakota Avenue 3 3.00 1,640 $670,000 10 5295771 S 165 S Sherman Street 5 2 00 2,707 $870,000 11 7641775 S 528 S Sherman Street 3 2 00 2,275 $1,225,000 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 5
159 S Grant Street Denver, CO 80209 MLS #5639541 $790,000 3 Beds 2.00 Baths 2,000 Sq. Ft. ($395 / sqft) ACTIVE 8/5/22 Year Built 1904 Days on market: 6 Details Prop Type: Single Family Residence County: Denver Subdivision: West Washington Park Style: Victorian Full baths: 1.0 Half baths: 1.0 Lot Size (sqft): 4,551 Garages: 1 List date: 8/5/22 Updated: Aug 11, 2022 4:35 AM List Price: $790,000 Orig list price: $790,000 Taxes: $2,874 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Association Yn: false Basement: Cellar, Daylight, Exterior Entry, Full, Partial, Unfinished Below Grade Unfinished Area: 400 0 Building Area Source: Public Records Common Walls: No Common Walls Construction Materials: Brick, Frame, Vinyl Siding Cooling: Air Conditioning-Room Direction Faces: East Distance To Bus Numeric: 2 Distance To Bus Units: Blocks Electric: 220 Volts Exterior Features: Garden, Private Yard Fencing: Partial Fireplace Features: Living Room, Other Fireplaces Total: 1 Flooring: Tile, Wood Foundation Details: Block, Slab Green Energy Efficient: Appliances Heating: Electric, Forced Air Interior Features: Built-in Features, Corian Counters, High Ceilings, Smoke Free, Solid Surface Counters Levels: Two Listing Terms: Cash, Conventional, FHA Living Area Total: 2000 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 6
David Kirilchuk
Cell: 7208400400 7
Lot Features: Historical District, Landscaped,Irrigated,Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Features: Driveway-Gravel, Exterior Access Door Parking Total: 1 Patio And Porch: Front Porch, Patio Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition, Tar/ Gravel Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: L 17 & NO 9.6465 FT OF 16 & S 9.484 FT OF 18 HALL & MILLARDS ADD SECOND FILING Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Natural Gas Available Virtual Tour: View Water Source: Public Window Features: Window Coverings Zoning: U-TU-B2 Remarks Old fashion charmer! Built in 1904 and located in the Grant Street Historical District, this 1,600sqft Victorian has a fresh exterior look and was mostly remodeled between 2017 and 2018. A deep front porch with trex deck greets you as you enter the foyer illuminated by the vintage foyer light fixture, a living room with original coal-burning fireplace and mantel, formal dining room and remodeled kitchen w/ cabinets (42" uppers), stainless steel Maytag appliances (2018), and newly constructed 1/2 bath on the first floor (not on tax record). The original oak and fir hardwood floors on the main floor have been lovingly refinished. All the character of original wooden doors and frames and window frames throughout contribute to the warmth of this home. This historic home boasts a mudroom with wainscotting leading from the kitchen to the grassy yard with brick paver patio and an all-brick one-car garage with additional parking for 2 cars from the alley behind the home. Ascend the wood staircase to the three spacious bedrooms and sleeping porch which could be used interchangeably as home office or zen den, to the attractively remodeled 3-piece bathroom featuring floor to ceiling tile, a tub/shower surround and brand new light fixture. The generous basement is where you will find the laundry area with washer/dryer, ceramic wash tub and tons of space for wine/ canning storage and for belongings that won't fit in the garage. In 2018, the main sewer line was replaced from the home to the street and an irrigation system installed. The main electric panel was updated to accommodate modern appliances. The location is ideal! Situated in the heart of West Wash Park, close to the Grant Avenue Community Center & Sacred Place (a Colorado Historic Landmark), this home has enjoyed just two previous owners. Zoning for expansion with an ADU. The seller will convey the original fireplace tools at closing! Will you be the next to enjoy this amazing historic Denver home? Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209
159 S Grant Street Denver, CO 80209 MLS #5639541 $790,000 3 Beds 2.00 Baths 2,000 Sq. Ft. ($395 / sqft) ACTIVE 8/5/22 Year Built 1904 Days on market: 6 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 8
400 S Sherman Street Denver, CO 80209 MLS #9909267 $795,000 4 Beds 2.00 Baths 1,639 Sq. Ft. ($485 / sqft) ACTIVE 8/8/22 Year Built 1901 Days on market: 3 Details Prop Type: Single Family Residence County: Denver Subdivision: Washington Park West Style: Bungalow Full baths: 1.0 3/4 Baths: 1.0 Lot Size (sqft): 2,944 List date: 8/8/22 Updated: Aug 8, 2022 4:26 AM List Price: $795,000 Orig list price: $795,000 Taxes: $3,138 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Dryer, Oven, Range Hood, Refrigerator, Washer Association Yn: false Basement: Partial Below Grade Unfinished Area: 480 0 Building Area Source: Public Records Construction Materials: Brick Cooling: Central Air Exterior Features: Private Yard Fencing: Full Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Heating: Forced Air, Natural Gas Interior Features: Built-in Features, Ceiling Fan(s), Granite Counters, Primary Suite Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1639 Lot Features: Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Main Level Bedrooms: 3 Patio And Porch: Covered, Patio Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: L 1 & N 15FT OF L 2 EXC E 35FT THEREOF BLK 9 POMEROYS SOUTH BROADWAY SUB Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 9
Tax Year: 2021 Water Source: Public Zoning: U-SU-B2 Remarks Charming Denver Bungalow in Pomeroys South Broadway! Brick bungalow sits on a corner lot and offers 4 Bedrooms and 2 Bathrooms. Covered front porch with established rose bushes welcomes you to High Ceilings, Original Trim and 5-panel doors, and hardwood flooring. Main level has Living Room with ornate fireplace, and Dining Room with original built-in wall hutch. Updated kitchen features granite-slab counter tops with decorative glass tile backsplash and stainless steel appliances. Upper level has Primary Bedroom with private 3/4 bath. Enjoy year-round entertaining and relaxing in the enclosed sunroom with floor-to ceiling windows, and access to fenced back yard. Convenient to Cherry Creek Shops and Restaurants, Wash Park, I-25, and more! Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 10
400 S Sherman Street Denver, CO 80209 MLS #9909267 $795,000 4 Beds 2.00 Baths 1,639 Sq. Ft. ($485 / sqft) ACTIVE 8/8/22 Year Built 1901 Days on market: 3 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 11
331 S Sherman Street Denver, CO 80209 MLS #8444275 $1,000,000 4 Beds 4.00 Baths 2,513 Sq. Ft. ($398 / sqft) ACTIVE 6/2/22 Year Built 1907 Days on market: 56 Details Prop Type: Single Family Residence County: Denver Subdivision: West Washington Park Style: Victorian Full baths: 3.0 Half baths: 1.0 Lot Size (sqft): 4,000 List date: 6/2/22 Updated: Jul 28, 2022 2:47 AM List Price: $1,000,000 Orig list price: $1,150,000 Taxes: $3,595 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Yn: false Basement: Cellar, Finished, Full Below Grade Unfinished Area: 100.0 Building Area Source: Public Records Common Walls: No Common Walls Construction Materials: Brick, Other, Wood Siding Cooling: Central Air Direction Faces: East Distance To Bus Numeric: 341 Distance To Bus Units: Feet Exterior Features: Balcony, Garden, Gas Valve, Private Yard, Water Feature Fencing: Full Fireplace Features: Gas, Living Room Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Heating: Forced Air Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, Jet Action Tub, Pantry, Primary Suite, Sound System Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, Jumbo, VA Loan Living Area Total: 2513 Lot Features: Level, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Patio And Porch: Front Porch, Patio Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 12
Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 13
Remarks A desirable West Washington Park location. Less than a 1 mile walk to Wash Park and excellent proximity to the retail corridors of Broadway and Alameda. Historic Victorian elements will be found throughout the home along with modern updating. Within the last 3 years the Seller has replaced the windows, 2nd floor carpet, roof and furnace/AC system. On the first level youll find an attractive floorplan, which receives a great deal of natural light, the timeless foyer is a lovely way to greet your guests, an oversized tandem living / dining room, a bonus sunroom overlooking the backyard, and a beautiful powder room. The second level houses the master suite which includes its own private deck, 2 additional bedrooms, 1 additional full bath, and an walk-in closet currently acting as a home office. An additional 668 finished square feet will be found in the basement which includes a non-conforming bedroom, a full bathroom, bonus space/TV room, as well as unfinished storage. The private fenced-in backyard is well landscaped and has been cared for by the Sellers (including the vine covered hammock grotto"). On the north side of the home you will find oversized storage options for all your gear and landscape tools. When you think urban oasis, the backyard delivers fantastic areas to relax or to entertain. This property exudes Denver living.
Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Video Doorbell Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: S 33 1/3FT OF N 211 2/3FT OF E 120 FT BLK 9 GALLUPS SOUTH BROADWAY SUB Tax Year: 2021 Utilities: Cable Available, Electricity Available, Natural Gas Available Water Source: Public Window Features: Double Pane Windows, Window Coverings, Window Treatments Zoning: U-SU-B2
331 S Sherman Street Denver, CO 80209 MLS #8444275 $1,000,000 4 Beds 4.00 Baths 2,513 Sq. Ft. ($398 / sqft) ACTIVE 6/2/22 Year Built 1907 Days on market: 56 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 14
219 S Logan Street Denver, CO 80209 MLS #4880899 $1,175,000 4 Beds 5.00 Baths 2,854 Sq. Ft. ($412 / sqft) ACTIVE 6/14/22 Year Built 2015 Days on market: 39 Details Prop Type: Multi-Family County: Denver Subdivision: Washington Park Full baths: 2 0 3/4 Baths: 2 0 Half baths: 1.0 Lot Size (sqft): 2,975 Garages: 2 List date: 6/14/22 Updated: Jul 23, 2022 2:33 AM List Price: $1,175,000 Orig list price: $1,275,000 Taxes: $5,274 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Oven, Range Hood, Refrigerator, Washer Association Yn: false Basement: Full Below Grade Unfinished Area: 225.0 Building Area Source: Appraiser Common Walls: End Unit Construction Materials: Brick, Frame, Wood Siding Cooling: Central Air Direction Faces: East Exterior Features: Balcony, Private Yard Fencing: Full Fireplace Features: Family Room, Gas Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Foundation Details: Slab Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Five Piece Bath, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Smoke Free, Walk-In Closet(s), Wet Bar Levels: Three Or More Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2854 Lot Features: Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Patio Road Frontage Type: Public Road Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 15
Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Duplex Tax Legal Description: CITY GALLUPS SO BROADWAY SUB N 25FT OF S 50FT OF B44 EXC REAR 6FT TO CITY Tax Year: 2021 Utilities: Cable Available Virtual Tour: View Water Source: Public Window Features: Double Pane Windows Zoning: U-TU-B2 Remarks Hard to find newer built modern styled half duplex with third floor and rooftop deck in Washington Park Tired of looking at half duplexes from the 90s or 2000s in West Wash and Platt Park? This home is near new and very lightly lived in. Four bedroom five baths on four levels and four separate outdoor areas. This home has all the spaces you need! Main floor open floor plan concept with lots of light and higher end modern finishes which include wide plank white oak flooring, Jenn-Air appliance package and modern gas fireplace. Second floor with large primary suite, 5-piece master bath including walk-in closets. Second floor laundry along with guest bedroom with en suite bathroom. Rooftop entertainment room with wet bar, plenty of outdoor seating, gardening areas and 3/4 bathroom along with bedroom/office. Fully finished basement boasts wet bar and large entertaining room as well as full bathroom and guest room. Includes dual zone heating and cooling with smart thermostats. Seller added pantry cabinet in kitchen and pull out drawers to most of the lower cabinets. Well designed and laid out home in a super walkable location. Walk to Lucille's at the end of the block or one of the dozen plus restaurants with in three blocks with Denver's most popular park Washington Park nearby Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 16
219 S Logan Street Denver, CO 80209 MLS #4880899 $1,175,000 4 Beds 5.00 Baths 2,854 Sq. Ft. ($412 / sqft) ACTIVE 6/14/22 Year Built 2015 Days on market: 39 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 17
511 S Pennsylvania Street Denver, CO 80209 MLS #1778256 $900,000 3 Beds 2.00 Baths 1,654 Sq. Ft. ($544 / sqft) PENDING 8/8/22 Year Built 1906 Days on market: 45 Details Prop Type: Single Family Residence County: Denver Subdivision: West Wash Park Style: Bungalow Full baths: 1.0 Half baths: 1.0 Lot Size (sqft): 4,060 Garages: 2 List date: 6/24/22 Pending date: 8/8/22 Off-market date: 8/8/22 Updated: Aug 8, 2022 8:56 AM List Price: $900,000 Orig list price: $1,000,000 Taxes: $3,199 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer Association Yn: false Basement: Partial, Unfinished Below Grade Unfinished Area: 336 0 Building Area Source: Public Records Construction Materials: Brick Cooling: Central Air Direction Faces: East Exterior Features: Lighting, Private Yard, Rain Gutters Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Carpet, Wood Heating: Forced Air, Natural Gas Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, Other Living Area Total: 1654 Lot Features: Corner Lot, Level Main Level Bathrooms: 2 Main Level Bedrooms: 2 Parking Total: 2 Patio And Porch: Covered, Deck, Front Porch, Patio Road Frontage Type: Public Road Road Surface Type: Paved Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 18
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Comparative Market Analysis 349
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Remarks
David
A charming retreat, this West Wash Park home with ADU offers flexibility. NOTE: ADU rents at $999/month, generating income to off-set your mortgage or create additional rental income. Classic design elements such has a red brick exterior, covered front porch and hardwood floors highlight the timelessness of the space. Residents enjoy main floor living, dining and kitchen. Two bedrooms, a full bath, powder bath and mudroom round out the main floor. On the upper level, you'll find a large loft space, which makes a fabulous bedroom + office combo. The studio apartment is an ADU that sits over the 2 car garage. Residents enjoy a quaint backyard, all set in a desirable location close to the Wash Park, Uncle, Carmine's on Penn and vintage shops, coffee and restaurants on S Broadway. This home as many options, live in the single family and use the ADU as an office, rent the ADU, rent both units or 1031 Exchange. PLEASE NOTE: (i) The studio apartment is vacant (ii) the single family home is tenant occupied and the lease expires on 8/31/2022, (iii) Buyer must assume current lease or Closing and Possession need to occur after 9/1/2022, (iv) ADU was renting at $999/month, (v) Single family home renting at $2,575/month. Property is being sold in as-is condition. South Grant Street, Denver, Colorado 80209 Kirilchuk 7208400400
Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: N 24 FT OF L 46 & S 8 1/2 FT OF L 47 BLK 4 KNOX & CURRIERS SUB Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected
Water Source: Public Window Features: Skylight(s) Zoning: U-SU-B
511 S Pennsylvania Street Denver, CO 80209 MLS #1778256 $900,000 3 Beds 2.00 Baths 1,654 Sq. Ft. ($544 / sqft) PENDING 8/8/22 Year Built 1906 Days on market: 45 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 20
214 S Lincoln Street Denver, CO 80209 MLS #4139052 $1,100,000 3 Beds 3.00 Baths 2,965 Sq. Ft. ($371 / sqft) PENDING 7/18/22 Year Built 1890 Days on market: 26 Details Prop Type: Single Family Residence County: Denver Subdivision: Washington Park West Style: Traditional,Victorian Full baths: 2 0 Half baths: 1.0 Lot Size (sqft): 4,356 Garages: 2 List date: 6/22/22 Pending date: 7/18/22 Off-market date: 7/18/22 Updated: Jul 19, 2022 2:46 AM List Price: $1,100,000 Orig list price: $1,200,000 Taxes: $4,675 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Association Yn: false Basement: Partial, Unfinished Below Grade Unfinished Area: 325.0 Building Area Source: Public Records Construction Materials: Brick, Stucco Cooling: Central Air Direction Faces: West Exterior Features: Private Yard Fencing: Full Heating: Forced Air, Natural Gas Interior Features: Built-in Features, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island Levels: Three Or More Listing Terms: Cash, Conventional, Jumbo, Other Living Area Total: 2965 Lot Features: Historical District, Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Front Porch, Patio Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 21
Front and back yard patio pavers professionally cleaned and resealed in 2021 Designer wallpaper throughout the interior during 2012 New blinds and window coverings added throughout home during 2012; third floor window coverings added during 2018 Vapor barrier and insulation installed in basement during 2018 New water heater installed during 2018 Remodeled to the studs in 2003/2004, including new walls, floors, electrical, HVAC, plumbing system South Grant Street, Denver, Colorado
Remarks Situated in the Lincoln Historic District, this three-story Queen Anne Victorian is a quiet castle in the heart of the city. Taken down to the studs in 2003/04, this remodeled gem was given new walls, floors, electrical, plumbing and triple-paned windows, while maintaining original hand-carved woodwork, stained glass, and antique light fixtures. It is an impeccable balance of modern convenience and historical charm! As you enter, vast windows enfold the main level in an abundance of light. 10ft ceilings carry into the stunning kitchen, which boasts Viking and Bosch appliances. Upstairs features the spacious primary bedroom with luxurious 5-piece bath, two secondary bedrooms and private bathroom. On the third level, an oversized loft/ flex space that could serve as an extra bedroom presents the perfect space for entertaining a game or movie night. Expansive patio is ideal for outdoor living and entertaining. Only a short walk to some of Denver's greatest restaurants and bars on South Broadway makes this a home you won't want to miss. Triple paned windows at the front of the home; double paned windows in all other areas
Comparative Market Analysis 349
Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: L 5 & S1/2 OF L 4 BLK 10 TO 12 GALLUPS S BDWY SUB Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Triple Pane Windows Zoning: U-TU-B2
80209
David Kirilchuk Cell: 7208400400
High-end appliances, including Viking oven/gas range with pot filler, stainless hood, KitchenAid refrigerator, Bosch dishwasher and convection microwave Kitchen includes soapstone countertops and slab granite island Main floor laundry and mud room that was remodeled to add functionality in 2021; additional laundry location on the second floor
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214 S Lincoln Street Denver, CO 80209 MLS #4139052 $1,100,000 3 Beds 3.00 Baths 2,965 Sq. Ft. ($371 / sqft) PENDING 7/18/22 Year Built 1890 Days on market: 26 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 23
300 S Lincoln Street Denver, CO 80209 MLS #3305077 $595,000 3 Beds 2.00 Baths 1,886 Sq. Ft. ($315 / sqft) CLOSED 7/29/22 Year Built 1908 Days on market: 22 Details Prop Type: Multi-Family County: Denver Subdivision: Baker Full baths: 1.0 Half baths: 1.0 Lot Size (sqft): 2,882 List date: 6/9/22 Sold date: 7/29/22 Off-market date: 7/8/22 Updated: Aug 4, 2022 8:07 AM List Price: $600,000 Orig list price: $625,000 Taxes: $2,406 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer Association Yn: false Basement: Finished, Partial Common Walls: 1 Common Wall Concessions: No Construction Materials: Brick Cooling: Evaporative Cooling Direction Faces: West Exterior Features: Balcony, Private Yard Fencing: Full Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Carpet, Tile, Wood Heating: Forced Air Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, Jumbo, VA Loan Living Area Total: 1886 Lot Features: Corner Lot, Near Public Transit Main Level Bathrooms: 1 Parking Total: 3 Patio And Porch: Covered, Front Porch Property Condition: Updated/Remodeled Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Duplex Tax Legal Description: GALLUPS SOUTH BROADWAY SUB DEVLINS RES B8 & 9 L1 & N 3.08 FT OF L2 Tax Year: 2021 Virtual Tour: View Water Source: Public Zoning: U-TU-B2 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 24
Remarks Beautiful modern 3 bed, 2 bath half duplex in Washington Park! As you enter the home you are greeted with modern finishes and abundant natural light from the oversized windows. The living room flows through to the formal dining room with custom built-ins and dual closets, great for storage. The gourmet kitchen sits at the rear of the home and boasts granite countertops, decorative backsplash and stainless steel appliances. Heading upstairs you will find the modern full bathroom and the 3 bedrooms including the spacious primary suite. The primary bedroom has a walk-in closet with custom built-ins to stay organized and a private balcony overlooking the front yard. The bedroom across from the primary also has a private balcony overlooking the backyard. The partially finished basement is ready to be fully finished to add even more square feet to the home and has endless possibilities. The backyard is accessed through the kitchen and has been well maintained. There is a small, covered porch, a storage shed and a large patio, great for entertaining. The home comes with 3 reserved parking space and is a 10-minute walk from the Alameda Light Rail Station, taking you anywhere in the city. Prime location, come find your new home today! Kirilchuk
Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David
Cell: 7208400400 25
300 S Lincoln Street Denver, CO 80209 MLS #3305077 $595,000 3 Beds 2.00 Baths 1,886 Sq. Ft. ($315 / sqft) CLOSED 7/29/22 Year Built 1908 Days on market: 22 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 26
520 E Dakota Avenue Denver, CO 80209 MLS #IR967912 $670,000 3 Beds 3.00 Baths 1,640 Sq. Ft. ($409 / sqft) CLOSED 7/15/22 Year Built 1904 Days on market: 8 Details Prop Type: Single Family Residence County: Denver Subdivision: Byers East Sub Style: Contemporary 3/4 Baths: 2 0 Half baths: 1.0 Lot Size (sqft): 2,700 List date: 6/9/22 Sold date: 7/15/22 Off-market date: 7/15/22 Updated: Jul 15, 2022 9:21 AM List Price: $675,000 Orig list price: $675,000 Taxes: $2,675 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Association Yn: false Basement: Partial Building Area Source: Assessor Construction Materials: Brick Cooling: Central Air Fencing: Fenced Flooring: Wood Heating: Forced Air Interior Features: Open Floorplan, Pantry, Walk-In Closet(s) Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1640 Lot Features: Level Main Level Bathrooms: 3 Main Level Bedrooms: 3 Parking Total: 2 Patio And Porch: Patio Possible Use: Residential Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Alley Paved, Paved Roof: Composition Sewer: Public Sewer Structure Type: House Tax Legal Description: W 54 FT OF L 47 & 48 BLK 108 BYERS EAST SUB Tax Year: 2021 Utilities: Cable Available, Electricity Available, Internet Access (Wired) Vegetation: Wooded View: City Water Source: Public Window Features: Window Coverings Zoning: U-SU-B Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 27
Remarks Unique Converted Duplex in Denver's highly coveted Wash Park West! Step inside this incredible property to find an open concept layout mixed with historic character and modern updates. Original hardwood flooring, high ceilings, and an abundance of natural light. Three spacious bedrooms ALL with en-suite bathrooms! Entertain your guests with ease from your kitchen, featuring new countertops, sink, cabinets and fixtures. Enjoy the Colorado sunshine with not one, but TWO front porches and a private , fully fenced, backyard. Two parking spaces located just beyond the backyard fence. Moments away from Washington Park, and S Gaylord & S Broadway's restaurants, bars, and shops! Don't miss out on this one of a kind home! Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 28
520 E Dakota Avenue Denver, CO 80209 MLS #IR967912 $670,000 3 Beds 3.00 Baths 1,640 Sq. Ft. ($409 / sqft) CLOSED 7/15/22 Year Built 1904 Days on market: 8 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 29
165 S Sherman Street Denver, CO 80209 MLS #5295771 $870,000 5 Beds 2.00 Baths 2,707 Sq. Ft. ($321 / sqft) CLOSED 7/25/22 Year Built 1923 Days on market: 10 Details Prop Type: Single Family Residence County: Denver Subdivision: West Washington Park Style: Bungalow Full baths: 2 0 Lot Size (sqft): 5,270 Garages: 2 List date: 6/22/22 Sold date: 7/25/22 Off-market date: 7/2/22 Updated: Jul 26, 2022 5:16 AM List Price: $889,900 Orig list price: $889,900 Taxes: $3,920 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Association Yn: false Basement: Partial Below Grade Unfinished Area: 35.0 Building Area Source: Appraiser Carport Spaces: 1 Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 2125 Construction Materials: Brick Cooling: Central Air Direction Faces: East Exterior Features: Dog Run, Garden, Lighting, Private Yard, Rain Gutters Fencing: Full Fireplace Features: Gas, Living Room Fireplaces Total: 1 Flooring: Laminate, Tile, Wood Heating: Forced Air, Natural Gas Interior Features: Ceiling Fan(s), Open Floorplan, Walk-In Closet(s) Levels: One Listing Terms: Cash, Conventional, FHA, Jumbo, VA Loan Living Area Total: 2707 Lot Features: Irrigated, Landscaped, Level, Sprinklers In Front Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 3 Patio And Porch: Front Porch, Patio Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 30
Road Frontage Type: Private Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: BAILEYS RESUB OF E/2 OF B2 BROADWAY ADD TO BYERS SUB L6 & 7 Tax Year: 2021 Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available Virtual Tour: View Water Source: Public Window Features: Skylight(s), Storm Window(s), Window Coverings, Window Treatments Zoning: U-TU-B2 Remarks Unique opportunity in central Denver/ West Wash Park just 2 blocks from South Broadway! This stunning bungalow is bright, open and boasts an incredible amount of natural light including several skylights and an open entry sunroom. Custom shoji screens adorn the windows and permit natural light and privacy when desired. 2 bedrooms with rare walk-in closets upstairs. secondary rear family room has easy potential to become a primary suite to add a 3rd bedroom on the main level. Established perennial landscaping with drip system in front on a quiet block, spacious side yard, and generous traditional flagstone in rear with French drain. Open kitchen with main level full size laundry and incredible storage in the pantry. Original hardwoods on entire main. Basement is recently renovated with solid flooring throughout. 3 nonconforming bedrooms -or- 2 smaller beds and a larger living space plus bathroom provide space and privacy and potential for a M-I-L suite. RARE 3 car garage makes for endless possibility. Oversized lot. Zoned for ADU. New roof and skylights to be installed in the coming weeks! Incredible opportunity in one of Denver's most sought after neighborhoods! Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 31
165 S Sherman Street Denver, CO 80209 MLS #5295771 $870,000 5 Beds 2.00 Baths 2,707 Sq. Ft. ($321 / sqft) CLOSED 7/25/22 Year Built 1923 Days on market: 10 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 32
528 S Sherman Street Denver, CO 80209 MLS #7641775 $1,225,000 3 Beds 2.00 Baths 2,275 Sq. Ft. ($538 / sqft) CLOSED 6/30/22 Year Built 1905 Days on market: 2 Details Prop Type: Single Family Residence County: Denver Subdivision: Exposition Addition Style: Victorian 3/4 Baths: 2 0 Lot Size (sqft): 4,690 Garages: 2 List date: 5/18/22 Sold date: 6/30/22 Off-market date: 5/20/22 Updated: Jun 30, 2022 11:09 AM List Price: $1,000,000 Orig list price: $1,000,000 Taxes: $3,250 School District: Denver 1 High: South Middle: Grant Elementary: Lincoln Features Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer Association Yn: false Basement: Finished Building Area Source: Plans Concessions: No Construction Materials: Brick Cooling: Central Air Direction Faces: West Exterior Features: Garden, Private Yard Fencing: Full Fireplace Features: Gas, Living Room Flooring: Carpet, Wood Foundation Details: Block Furnished: Negotiable Heating: Forced Air Interior Features: High Ceilings, Sound System Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2275 Lot Features: Irrigated, Landscaped, Many Trees, Sloped Main Level Bathrooms: 1 Other Equipment: Home Theater Parking Total: 2 Patio And Porch: Front Porch, Patio Property Condition: Updated/Remodeled Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: L 8 & N1/2 OF L 9 BLK 3 EXPOSITION ADD Tax Year: 2021 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 33
Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected View: City, Mountain(s) Water Source: Public Window Features: Storm Window(s) Zoning: U-SU-B2 Remarks Style and charm abound in this West Wash Park 2-story home. Meticulously maintained and completely remodeled with high-end finishes this is the one your buyers have been waiting for! This 3-bed, 2-bath home overflows with original character; gorgeous hardwood floors, leaded glass windows, high ceilings, and picture rail molding pair seamlessly with the luxury of an open concept main floor. The kitchen was fully updated in 2021 with marble countertops and backsplash, custom soapstone topped island, Blue Star range, and Dacor Fridge. The attached breakfast nook and mudroom utilize every inch of this home with thought and care. The living room features the original fireplace and tile from 1905 with the convenience of a gas insert. Upstairs 3 bedrooms afford comfort and flexibility. Custom cabinetry creates an inviting and luxurious 'dressing room' just off the primary bedroom. A fully finished basement with a media room, laundry, and storage complete this home. The private fully fenced back yard has a patio perfect for alfresco dining, a separate fenced garden area with raised planter beds, and a mature landscaping surround. Two-car garage with alley access makes parking a breeze. Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 34
528 S Sherman Street Denver, CO 80209 MLS #7641775 $1,225,000 3 Beds 2.00 Baths 2,275 Sq. Ft. ($538 / sqft) CLOSED 6/30/22 Year Built 1905 Days on market: 2 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 35
Comparable Property Statistics A 4 Active Listings P 2 Pending Listings S 4 Sold Listings LOWEST $790,000 AVERAGE $940,000 HIGH $1,175,000 AVG PRICE / SQFT $422 AVG DOM 26 LOWEST $900,000 AVERAGE $1,000,000 HIGH $1,100,000 AVG PRICE / SQFT $458 AVG DOM 35 LOWEST $595,000 AVERAGE $840,000 HIGH $1,225,000 AVG PRICE / SQFT $396 AVG DOM 10 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 36
Sold Property Analysis Averages 106.2% Homes sold for an average of 106 2% of their list price. 10 Days on market It took an average of 10 days for a home to sell. Analysis ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 300 S Lincoln Street $625,000 $595,000 95.20% 22 $315 520 E Dakota Avenue $675,000 $670,000 99 26% 8 $409 165 S Sherman Street $889,900 $870,000 9776% 10 $321 528 S Sherman Street $1,000,000 $1,225,000 122.50% 2 $538 Averages $797,475 $840,000 105.33% 10 $396 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 37
Summary of Comparable Properties A ACTIVE LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 159 S Grant Street 3 2.00 2,000 $790,000 $395 400 S Sherman Street 4 2 00 1,639 $795,000 $485 331 S Sherman Street 4 4.00 2,513 $1,000,000 $398 219 S Logan Street 4 5.00 2,854 $1,175,000 $412 Averages 2,251 $940,000 $422 P PENDING LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 511 S Pennsylvania Street 3 2 00 1,654 $900,000 $544 214 S Lincoln Street 3 3.00 2,965 $1,100,000 $371 Averages 2,309 $1,000,000 $458 S SOLD LISTINGS ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 300 S Lincoln Street 7/29/22 3 2 00 1,886 $595,000 $315 520 E Dakota Avenue 7/15/22 3 3.00 1,640 $670,000 $409 165 S Sherman Street 7/25/22 5 2 00 2,707 $870,000 $321 528 S Sherman Street 6/30/22 3 2 00 2,275 $1,225,000 $538 Averages 2,127 $840,000 $396 Comparative Market Analysis 349 South Grant Street, Denver, Colorado 80209 David Kirilchuk Cell: 7208400400 38
ASKING PRICE PERCENTAGE OF BUYERS +10%+15% Market Value -15%-10% 90%75%60%30%10%
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
PRICINGINTELLIGENT&TIMING
☐ The first two weeks of marketing are crucial.
☐ Fair market value attracts buyers, overpricing never does.
at Keller Williams Integrity
☐ The market never lies, but it can change its mind.
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.
Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value. ON MARKET (IN WEEKS) 2
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.
3 4 5 6
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.
TIME
ACTIVITY 1
at Keller Williams Integrity
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.
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.
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.
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