CMA for 2217 Hooker St

Page 1


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO 80211

This week the median list price for Denver, CO 80211 is $589,900 with the market action index hovering around 48. This is less than last month's market action index of 58. Inventory has held steady at or around 15.

Real-Time Market Profile

Market Action Index This answers “How’s the Market?” by comparing rate of sales versus inventory. 40

Buyer's Market

50

60

20

10

90

48

100

th on

ay Tod

M

80

Last

0

Seller's Market

70

30

Strong Seller's Market The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Median List Price

$589,900

Per Square Foot

$531

Days on Market

49

Price Decreased

27%

Price Increased

0%

Relisted

13%

Inventory

15

Median Rent

$1,973

Most Expensive

$1,599,000

Least Expensive

$240,000

Market Action

48

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

$819,900

1,286

0 - 4,500 sqft

2

2

1

0

1

161

$623,500

1,294

0 - 4,500 sqft

1

1

13

0

0

105

$507,500

1,078

0 - 4,500 sqft

2

2

114

2

0

17

$327,000

689

4,500 - 6,500 sqft

1

1

87

0

1

7

Mon Apr 12 2021

2 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO 80211

Median List Price

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels. $800K

$700K

$600K

$500K

$400K

$300K Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

7-Day Average

Jan 2020

May 2020

Sep 2020

Jan 2021

90-Day Average

Segments

In the quartile market segments, we see price for this zip code in general with price stagnation in recent weeks. Quartile 4 is down, while the rest of the market is basically flat. Look to the Market Action Index to determine if this plateau is the stage for a prolonged price decline. $1.3M

$1.0M

$750K

$500K

$250K Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

Jan 2020

First/Top 90-Day Second/Upper 90-Day Fourth/Bottom 90-Day

Mon Apr 12 2021

May 2020

Sep 2020

Jan 2021

Third/Lower 90-Day

3 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO 80211

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. $700

$600

$500

$400

$300 Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

7-Day Average

Jan 2020

May 2020

Sep 2020

Jan 2021

90-Day Average

Inventory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply. 200

150

100

50

0 Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

7-Day Average

Jan 2020

May 2020

Sep 2020

Jan 2021

90-Day Average

Mon Apr 12 2021

4 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO 80211

Market Action Index

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 125

100

75

50

25

0 Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

7-Day Average

Jan 2020

May 2020

Sep 2020

Jan 2021

90-Day Average

Market Action Segments

Not surprisingly, all segments in this zip code 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. 100

80

60

40

20 Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

Jan 2020

First/Top 90-Day Second/Upper 90-Day Fourth/Bottom 90-Day

Mon Apr 12 2021

May 2020

Sep 2020

Jan 2021

Third/Lower 90-Day

5 of 6


Condos/Townhomes

The Bartic Group's Market Report www.TheBarticGroup.com

Denver, CO 80211

Median Days on Market (DOM)

The properties have been on the market for an average of 129 days. Half of the listings have come newly on the market in the past 79 or so days. Watch the 90-day DOM trend for signals of a changing market. 150

125

100

75

50

25

0 Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

7-Day Average

Jan 2020

May 2020

Sep 2020

Jan 2021

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. 300

250

200 150

100 50

0 Apr 2018

Sep 2018

Jan 2019

May 2019

Sep 2019

Jan 2020

First/Top 90-Day Second/Upper 90-Day Fourth/Bottom 90-Day

Mon Apr 12 2021

May 2020

Sep 2020

Jan 2021

Third/Lower 90-Day

6 of 6


2217 N Hooker St, Denver, CO 80211-5042, Denver County MLS Beds 2

MLS Sq Ft 1,153

Lot Sq Ft 3,123

MLS Sale Price $367,500

MLS Baths 3

Yr Built 1908

Type TH/RH

MLS Sale Date 03/17/2015

OWNER INFORMATION

Owner Name

Fugarazzo Janet

Mailing ZIP 4

5042

Mailing Address

2217 N Hooker St

Mailing Carrier Route

C003

Mailing City & State

Denver, CO

Owner Occupied

Yes

Mailing Zip

80211

LOCATION INFORMATION

Property Zip

80211

Census Tract

5.02

Property Zip4

5042

Topography

Flat/Level

Property Carrier Route

C003

Neighborhood Code

E Sloans Lake-0245

School District

Denver County 1

Township

03S

Elementary School

Brown

Range

68W

Middle School

Bryant-Webster

Section

32

High School

North

Quarter

NW

Subdivision

Witter & Cofields Sub

Block

16

Zoning

U-SU-C

Lot

1

PIN

2322-22-031

% Improved

53%

Alternate PIN

163966724

Tax District

DENV

Schedule Number

0232222031000

Legal Description

WITTER & COFIELDS SUB B16 PT N62FT OF L1 TO 3 EXC DAF BEG NE COR L1 S 27FT W 62.05FT S 3F T W 28.30FT N 30FT E 90.35FT TPOB

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2020 - Preliminary

2019

2018

2017

Market Value - Land

$229,600

$229,600

$122,500

$122,500

Market Value - Improved

$256,700

$256,700

$276,000

$276,000

Market Value - Total

$486,300

$486,300

$398,500

$398,500

Assessed Value - Land

$16,416

$16,420

$8,820

$8,820

Assessed Value - Improved

$18,354

$18,350

$19,870

$19,870

Assessed Value - Total

$34,770

$34,770

$28,690

$28,690

YOY Assessed Change (%)

0%

21.19%

0%

YOY Assessed Change ($)

$0

$6,080

$0

Tax Year

Total Tax

Change ($)

Change (%)

2017

$2,213

2018

$2,220

$7

0.3%

2019

$2,507

$288

12.97%

CHARACTERISTICS

Lot Acres

0.0717

# Buildings

1

Lot Sq Ft

3,123

Total Rooms

5

Land Use - County

Row House Misc

Bedrooms

2

Land Use - CoreLogic

Townhouse/Rowhouse

Baths - Total

3

Style

Row House

MLS Total Baths

3

Year Built

1908

Baths - Full

Tax: 3 MLS: 1

Bldg Sq Ft - Above Ground

853

Stories

1

Bldg Sq Ft - Basement

300

Heat Type

Warm Air

Bldg Sq Ft - Finished Basement

300

Garage Type

Detached Garage

Bldg Sq Ft - Total

1,153

Garage Capacity

MLS: 1

Property Details

Courtesy of Scott Brasfield, 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: 04/12/21 Page 1/3


Bldg Sq Ft - Finished

1,153

Garage Sq Ft

316

Bldg Sq Ft - 1st Floor

853

Exterior

Brick

Basement Type

Partial

Quality

Average

FEATURES

Feature Type

Size/Qty

Opn Prch-Frm

46

Opn Prch-Frm

97

Det Garage-Frm

316

SELL SCORE

Rating

High

Sell Score

830

Value As Of

2021-03-13 23:20:27

ESTIMATED VALUE

RealAVM™

$657,600

Confidence Score

69

RealAVM™ Range

$611,568 - $703,632

Forecast Standard Deviation

7

Value As Of

04/05/2021

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LISTING INFORMATION

MLS Listing Id

1939497

MLS Listing Contract Date

02/05/2015

MLS Days On Market

4

MLS Close Date

03/17/2015

MLS Status

Closed

MLS List Office Name

CHERRY CREEK PROPERTIES LL C

MLS Status Change Date

03/17/2015

MLS List Agent Full Name

40342n-Fergus Harnett

MLS Current Price

$370,000

MLS Buyer Agent Full Name

042468-Roberta Sue Stewardson

MLS Original List Price

$370,000

MLS Buyer Office Name

COLORADO HOMEFINDER LLC

MLS Close Price

$367,500

MLS Listing #

8780680

MLS Status

Expired

MLS Listing Price

$370,000

MLS Orig Listing Price

$395,000

MLS Listing Date

09/26/2014

MLS Listing Expiration Date

01/05/2015

LAST MARKET SALE & SALES HISTORY

Sale Date

Tax: 03/16/2015 MLS: 03/17/2015

Deed Type

Warranty Deed

Sale Price

$367,500

Owner Name

Fugarazzo Janet

Price per SqFt - Finished

$318.73

Seller

Smg Realty Co LLC

Document Number

36788

Sale Date

03/16/2015

Sale Price

$367,500

Buyer

Fugarazzo Janet

Seller

Smg Realty Co LLC

Document Number

36788

Document Type

Warranty Deed

Title Company

First Integrity Title

MORTGAGE HISTORY

Mortgage Date

08/11/2020

03/25/2015

Mortgage Amount

$99,900

$294,000

Mortgage Lender

Premier Members Cu

Paramount Resid'l Mtg Grp

Borrower

Fugarazzo Janet

Fugarazzo Janet

Property Details

Courtesy of Scott Brasfield, 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: 04/12/21 Page 2/3


Mortgage Type

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Mortgage Term

25

30

Mortgage Term

Years

Years

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Scott Brasfield, 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: 04/12/21 Page 3/3


Map of Property Locations

3057 W 24th Avenue, Denver, CO 80211 Listing Id: 7711497 Status: Closed 01/08/21 Price: $499,900 1 Subtype: MLF Ttl SqFt: 1,079 Bd/Bth: 2/1 Show #: 800-746-9464 2427 Grove Street, Denver, CO 80211 Listing Id: 5048805 Status: Closed 10/16/20 Price: $530,000 3 Subtype: MLF Ttl SqFt: 1,498 Bd/Bth: 4/2 Show #: 800-746-9464

3055 W 24th Avenue, Denver, CO 80211 Listing Id: 9368902 Status: Closed 01/06/21 Price: $530,000 Subtype: MLF 2 Ttl SqFt: 1,150 Bd/Bth: 3/2 Show #: 800-7469464


Broker 1 Page 3057 W 24th Avenue, Denver, CO 80211 (Status: Closed, Listing ID: 7711497) Close Price: $499,900 County: Denver List Price: $495,000 Property Type: Residential Original List Price: $495,000 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Duplex Year Built: 1952 Subdivision Name: Highlands Listing Contract Date: 12/24/2020 Purchase Contract Date: 12/24/2020 Contingency: None Known Close Date (DIM): 01/08/2021 Days In MLS: 0 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $0 Tax Year: 2020 Tax Legal Desc: THE SOUTH64.5 Feet of the west 13 feet and the south 69.5 of the East 37.11 feet and the north 13.68 feet of the west 41 feet of lot 22 and 23 block 2 Witter Cofields Sub. in the townof Highlands, City and county of Denver, State of CO Interior Area & SqFt 1,079 Living Area (SqFt Finished): 1,079 Above Grade Finished Area: 1,079 $463 PSF Finished: $463 PSF Above Grade: $463 Fireplace: 1/Gas Log, Living Room

Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: None HVAC Description: Interior Features: Eat-in Kitchen, Entrance Foyer, Kitchen Island, Marble Counters, Open Floorplan, Pantry, Smoke Free Appliances: Dishwasher, Disposal, Self Cleaning Oven, Tankless Water Heater Flooring: Brick Exclusions: staging 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 Features: Corner Lot Elementary School: Brown / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Lake / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: Common Walls: End Unit, 1 Common Unit Count: Wall Direction Faces: West View: Construction Materials: Brick Roof: Composition Exterior Features: Garden Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Fantastic 1/2 duplex in Historic Witter Cofields! Completely updated with lots of thoughtful Upgrades. Formal entry with coat closet and original tile. Triple pane full glass front door. Lovely , bright living room with original brick fireplace that has new gas line and logs, new hearth, Gorgeous light floods entire Space and Opens to Separate Dining room and chefs kitchen with stylish tile floori... Confidential Information Private Remarks: Please add Seller/broker is a Licensed broker in the state of Co if writing an offer! Seller to include new stainless refrigerator-to be installed this coming week. Please follow all CDC guidelines for showings--property is vacant. Wear gloves if touching surfaces. Please remove shoes at entry!!!! Garage opener on countertop. Split complete and party wall in place. Radon mitigation unit to be Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5%

List Agent: Vivian More List Office: Brokers Guild Homes Email: morevivian@hotmail.com Buyer Agent: Ian Randall Buyer Office: Compass - Denver Email:

ian.randall@compass.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-523-9682 Mobile: 303-523-9682 Buyer Agent Phone: 720-765-8984 Mobile: 720-765-8984 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2021.

Generated on: 04/12/2021 3:16:48 PM


4/12/2021

Matrix

Full Property View - Client

3057 W 24th Avenue, Denver, CO 80211

----

$499,900 - Closed

Photos

https://matrix.recolorado.com/Matrix/Printing/PrintOptions.aspx?c=AAEAAAD*****AQAAAAAAAAARAQAAAEMAAAAGAgAAAAQ3NTM3BgMAAAACM… 1/7


3055 W 24th Avenue, Denver, CO 80211 (Status: Closed, Listing ID: 9368902) Close Price: $530,000 County: Denver List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Multi-Family Levels: One Basement: No Structure Type: Duplex Year Built: 1952 Subdivision Name: Highlands Listing Contract Date: 11/30/2020 Purchase Contract Date: 12/02/2020 Contingency: None Known Close Date (DIM): 01/06/2021 Days In MLS: 2 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $0 Tax Year: 2020 Tax Legal Desc: Lot 22 and 23 blk 2, Except the south 64.5 feet of the west 13 feet and the south 69.5 feet of the east 37.11 feet and the north 13.68 of the west 41 feet, Witter and Cofields Sub in the town of Highlands, City and County of Denver, State of Colorado. Interior Area & SqFt Building Area Total (SqFt Total): 1,150 Living Area (SqFt Finished): 1,150 Above Grade Finished Area: 1,150 PSF Total: $461 PSF Finished: $461 PSF Above Grade: $461 Basement: Crawl Space Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Family Room Heating: Forced Air Cooling: None HVAC Description: Interior Features: Built-in Features, Eat-in Kitchen, Entrance Foyer, Marble Counters, Open Floorplan Appliances: Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator, Self Cleaning Oven Flooring: Tile, Wood Exclusions: staging Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 1 Garage Spaces: 1 Offstreet Spaces: 0 Site & Location Information Lot Features: Corner Lot Elementary School: Brown / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Lake / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Urban Contemporary Entry Level/Loc: Exterior Access Common Walls: 1 Common Wall Unit Count: Direction Faces: South View: Construction Materials: Brick Roof: Composition Exterior Features: Garden, Smart Irrigation Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Amazing Fully upgraded and updated 1/2 Duplex in Historic Witter Cofields! Spacious floor plan with formal entry, new triple paned full glass front door and coat closet, Leads you into large living room with gorgeous corner gas log fireplace for cozy winter nights, Large new windows throughout including glass block, Opens into stunning chefs kitchen! Leathered marble tops w/ giant b-bar, tons of ... Confidential Information Private Remarks: Please abide by all CDC recommended Covid guidlines. Home is vacant. No overlapping showings for safety and social distancing. *****When writing an offer, please include Seller is a licensed Real Estate Broker in the state of Colorado. Buyer to verify square footage, room sizes, age of systems etc. One water line shared by both units 65%/35% Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.0%

List Agent: Vivian More List Office: Brokers Guild Homes Email: morevivian@hotmail.com Buyer Agent: Ian Randall Buyer Office: Compass - Denver Email:

ian.randall@compass.com

Concessions: Cash, $700 Buyer Financing: Conventional

List Agent Phone: 303-523-9682 Mobile: 303-523-9682 Buyer Agent Phone: 720-765-8984 Mobile: 720-765-8984 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2021.

Generated on: 04/12/2021 3:16:48 PM


4/12/2021

3055 W 24th Avenue, Denver, CO 80211

Matrix

----

$530,000 - Closed

Photos

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4/12/2021

Matrix

https://matrix.recolorado.com/Matrix/Printing/PrintOptions.aspx?c=AAEAAAD*****AQAAAAAAAAARAQAAAEMAAAAGAgAAAAQ3NTM3BgMAAAACM… 4/7


2427 Grove Street, Denver, CO 80211 (Status: Closed, Listing ID: 5048805) Close Price: $530,000 County: Denver List Price: $529,000 Property Type: Residential Original List Price: $529,000 Property Subtype: Multi-Family Levels: One Basement: Yes Structure Type: Duplex Year Built: 1956 Subdivision Name: Witter & Cofields Sub Listing Contract Date: 08/13/2020 Purchase Contract Date: 08/17/2020 Contingency: None Known Close Date (DIM): 10/16/2020 Days In MLS: 5 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $1,905 Tax Year: 2019 Tax Legal Desc: WITTER & COFIELDS SUB B11 E 58.6FT OF L7 & 8 Interior Area & SqFt 1,498 Living Area (SqFt Finished): 1,498 Above Grade Finished Area: 749 749 Below Grade Finished Area: 749 Below Grade Unfinished Area: 0 $354 PSF Finished: $354 PSF Above Grade: $708 Bsmnt Ceiling Ht: 7 Fireplace:

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Full Foundation: Slab Heating: Forced Air Cooling: Central Air HVAC Description: Central Air/Forced Heat Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Smoke Free Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Washer Flooring: Carpet, Wood Exclusions: Staging Furniture, rod iron bicycle artwork. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 2 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 0 Offstreet Spaces: 0 Carport Spaces: 2 Reserved Spaces: 0 RV Spaces: 0 Site & Location Information Lot Size: 0.07 Acres / 2,930 SqFt Waterfront Feat: Elementary School: Brown / Denver 1 Bldg/Complex Name: Middle/Junior Sch: Strive Lake / Denver 1 High School: North / Denver 1 Building & Water Information Architectural Style: Mid-Century Modern Entry Level/Loc: Common Walls: 1 Common Wall Unit Count: Direction Faces: South View: Construction Materials: Brick Roof: Composition Exterior Features: Private Yard Water Included: Water Source: Public Sewer: Public Sewer Public Remarks BEAUTIFULLY UPDATED 4 BED/2BATH HALF DUPLEX IN SLOANS LAKE/WEST HIGHLANDS NEIGHBORHOOD! Enjoy the flair of mid century modern with an updated kitchen, stainless steel appliances, gas stove, and granite countertops. The main level boasts an open kitchen/dining room open floor plan with original hardwood floors and built ins. Enjoy the ranch feeling of having two bedrooms and full bath on the ma... Confidential Information Private Remarks: Additional vacant lot is located directly behind the duplex and the address is 2400 Hooker Street. All uses of the lot to be verified by the buyer with Denver Zoning and Planning. Lot is available for purchase with 2427 Grove Street for an additional 95K, and it also listed separately. Rod iron bike artwork can be sold separately, inquire with listing agent for details. Washer/dryer included! Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Chadwick Williams List Office: Denver Real Estate Professionals Email:

chadwick@denverrealestatepro.com

Buyer Agent: Matthew Cobb Buyer Office: Cobb Home Team LLC Email:

Matt@CobbHomeTeam.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-666-9805 Mobile: 720-666-9805 Buyer Agent Phone: 303-478-3083 Mobile: 303-478-3083 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2021.

Generated on: 04/12/2021 3:16:48 PM


4/12/2021

Matrix

2427 Grove Street, Denver, CO 80211

----

$530,000 - Closed

Photos

Private, front entrance to your new home!

Beautifully updated kitchen with stainless steel appliances, gas stove and granite countertops.

Beautifully updated kitchen with stainless steel appliances, gas stove and granite countertops.

Open kitchen/dining room floor plan.

Front entrance

Open kitchen dining room floorplan with builtins.

Open dining room/kitchen floor plan.

Great space for entertaining!

Dining room window faces east.

Main level master bedroom, courtyard facing.

Abundance of closet space!

Main level updated bathroom.

Second main level bedroom facing back patio.

Rear separate entrance to home with stairs leading to downstairs.

Cozy downstairs living room!

https://matrix.recolorado.com/Matrix/Printing/PrintOptions.aspx?c=AAEAAAD*****AQAAAAAAAAARAQAAAEMAAAAGAgAAAAQ3NTM3BgMAAAACM… 5/7


Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 04/12/2021 to 10/14/2020 Property Sub Type is one of 'Multi-Family', 'Townhouse' Latitude, Longitude is within 0.50 mi of 2217 Hooker St, Denver, CO 80211, USA

Residential Closed Properties Listing ID Address

City

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

7711497 3057 W 24th AVE

Denver

2

1

1,079

1,079

1,079

01/08/21

$463

$463

$463

9368902 3055 W 24th AVE

Denver

3

2

1,150

1,150

1,150

01/06/21

$461

$461

5048805 2427 Grove ST

Denver

4

2

749

1,498

1,498

10/16/20

$708

$354

Averages:

993

1,242

1,242

$544

$426

$426

Count: 3

Closed Price:

Report Totals

Presented By: Scott Brasfield Generated on: 04/12/2021

Count : 3

Averages:

High $530,000

Low $499,900

PSF Fin DIM Orig Price

List Price Close Price

CP/OLP

0

495,000

$495,000 $499,900

101%

$461

2

525,000

$525,000 $530,000

101%

$354

5 2

529,000

$529,000 $530,000

100%

$516,333

$516,333 $519,967

101%

CP/OLP 101 %

Median $530,000

SqFt Abv

SqFt Ttl

Sqft Fin

PSF Abv

PSF Ttl

PSF Fin

Orig Price

List Price Close Price

993

1,242

1,242

$ 544

$426

$426

$516,333

$516,333 $519,967

All data deemed reliable but not guaranteed. Copyright REcolorado © 2021. All rights reserved. REcolorado.com

CMA 1-Line Page 1 of 1


INTELLIGENT PRICING AND TIMING

INFO

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.

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.

Brendan Bartic | The Bartic Group | 303.898.5244 | Brendan@TheBarticGroup.com www.TheBarticGroup.com


INTELLIGENT PRICING AND TIMING

INFO

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.

Brendan Bartic | The Bartic Group | 303.898.5244 | Brendan@TheBarticGroup.com www.TheBarticGroup.com


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