The Bartic Group's Market Report Castle Rock, CO REPORT FOR 5/17/2022 Single-Family Homes
Presented by Bartic Group 720-208-7200 info@thebarticgroup.com
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Castle Rock, CO
This week the median list price for Castle Rock, CO is $807,000 with the market action index hovering around 84. This is less than last month's market action index of 87. Inventory has increased to 159.
Real-Time Market Profile Median List Price
$807,000
Market Action Index
Median Price of New Listings
$755,680
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$220
Average Days on Market
29
Median Days on Market
7
Price Decreased
28%
Price Increased
9%
Relisted
5%
Inventory
159
Median Rent
$2,850
Market Action
84
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10
0
on
84
90
M
ay Tod th
Las t
80
20
30
Strong Seller's Market The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Strong Seller's Market
Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price
Sq. Ft.
Lot Size
Beds
Bath
Age
New
Absorbed
DOM
$1,765,000
6,132
1 - 2.5 acres
5
5
19
6
7
21
$873,665
4,628
8,000 - 10,000 sqft
4
3.8
6
14
9
14
$749,450
3,576
6,500 - 8,000 sqft
4
3
3
17
11
7
$654,000
2,935
4,500 - 6,500 sqft
3
3
9
16
18
7
Tue May 17 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Castle Rock, 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. $900K
$800K
$700K
$600K
$500K May 2019
Oct 2019
Feb 2020
Jun 2020
Oct 2020
7-Day Average
Feb 2021
Jun 2021
Oct 2021
Feb 2022
90-Day Average
Segments
Pricing in the upper-half of the market (Quartiles 1 and 2) has been showing weakness recently while prices in the lower-half have remained strong. Quartiles 3 and 4 have been increasing in the last few weeks. These convergent trends cannot continue indefinitely, so look to the Market Action Index Quartile breakdown to see which group will change direction. $3.0M
$2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 May 2019
Oct 2019
Feb 2020
Top 90-Day
Jun 2020
Oct 2020
Upper 90-Day
Feb 2021
Lower 90-Day
Tue May 17 2022
Jun 2021
Oct 2021
Feb 2022
Bottom 90-Day
3 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Castle Rock, CO
Price Per Square Foot
The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $275
$250
$225
$200
$175
$150
$125 May 2019
Oct 2019
Feb 2020
Jun 2020
Oct 2020
7-Day Average
Feb 2021
Jun 2021
Oct 2021
Feb 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. 500
400
300
200
100
0 May 2019
Oct 2019
Feb 2020
Jun 2020
Oct 2020
7-Day Average
Feb 2021
Jun 2021
Oct 2021
Feb 2022
90-Day Average
Tue May 17 2022
4 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Castle Rock, CO
Market Action Index
The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices. 120
100
80
60
40
20 May 2019
Oct 2019
Feb 2020
Jun 2020
Oct 2020
7-Day Average
Feb 2021
Jun 2021
Oct 2021
Feb 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
Oct 2019
Feb 2020
Top 90-Day
Jun 2020
Oct 2020
Upper 90-Day
Feb 2021
Lower 90-Day
Tue May 17 2022
Jun 2021
Oct 2021
Feb 2022
Bottom 90-Day
5 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Castle Rock, CO
Median Days on Market (DOM)
The properties have been on the market for an average of 37 days. Half of the listings have come newly on the market in the past 6 or so days. Watch the 90-day DOM trend for signals of a changing market. 125
100
75
50
25
0 May 2019
Oct 2019
Feb 2020
Jun 2020
Oct 2020
7-Day Average
Feb 2021
Jun 2021
Oct 2021
Feb 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. 250
200
150
100
50
0 May 2019
Oct 2019
Feb 2020
Top 90-Day
Jun 2020
Oct 2020
Upper 90-Day
Feb 2021
Lower 90-Day
Tue May 17 2022
Jun 2021
Oct 2021
Feb 2022
Bottom 90-Day
6 of 6
2205 Mount Royal Dr, Castle Rock, CO 80104-2738, Douglas County APN: R0333930
CLIP: 5847703425
MLS Beds 3
MLS Full Baths 2
Half Baths N/A
MLS Sale Price $349,995
MLS Sq Ft 3,361
Lot Sq Ft 2,178
Yr Built 1985
Type TH/RH
MLS Sale Date 12/08/2014
OWNER INFORMATION
Owner Name
Sumrall Malenna A
Mailing ZIP 4
2738
Mailing Address
2205 Mount Royal Dr (no mail)
Mailing Carrier Route
C009
Mailing City & State
Castle Rock, CO
Owner Occupied
Yes
Mailing Zip
80104
DMA No Mail Flag
Y
Property Zip
80104
Census Tract
145.05
Property Zip4
2738
Neighborhood Code
432-432
Property Carrier Route
C009
Township
08
School District
Douglas County Re 1
Range
67
Elementary School
South Ridge
Section
14
Middle School
Mesa
Quarter
SW
High School
Douglas County
Block
2
Subdivision
Players Club Villas Twnhs
Lot
19
PIN
R0333930
% Improved
78%
Alternate PIN
250514307005
Tax District
0217
Schedule Number
0333930
Legal Description
LOT 19 BLK 2 PLAYERS CLUB VIL LAS TOWNHOME # 2 AMENDED FI NAL PLAT OF BLK 2 0.050 AM/L
LOCATION INFORMATION
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$104,000
$56,000
$56,000
Market Value - Improved
$376,627
$364,964
$364,964
Market Value - Total
$480,627
$420,964
$420,964
Assessed Value - Land
$7,440
$4,000
$4,000
Assessed Value - Improved
$26,930
$26,090
$26,090
Assessed Value - Total
$34,370
$30,090
$30,090
YOY Assessed Change (%)
14.22%
0%
YOY Assessed Change ($)
$4,280
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$2,060
2020
$2,050
-$10
-0.5%
2021
$2,324
$274
13.37%
CHARACTERISTICS
Lot Acres
0.05
Bedrooms
3
Lot Sq Ft
2,178
Baths - Total
Tax: 3 MLS: 4
Land Use - County
Townhouse Improvement
MLS Total Baths
4
Land Use - CoreLogic
Townhouse/Rowhouse
Baths - Full
Tax: 3 MLS: 2
Building Type
Townhouse
Baths - Half
MLS: 1
Style
Townhouse
Stories
1
Year Built
1985
Fireplace
Y
Bldg Sq Ft - Above Ground
1,811
Fireplaces
1
Bldg Sq Ft - Basement
1,812
Cooling Type
Central
Bldg Sq Ft - Finished Basement
1,552
Heat Type
Central
Bldg Sq Ft - Unfinished Basement
260
Garage Type
Attached Garage
Bldg Sq Ft - Total
3,623
Garage Capacity
MLS: 2
Bldg Sq Ft - Finished
Tax: 3,363 MLS: 3,361
Garage Sq Ft
378
Basement Type
Tax: Walk Out MLS: Slab
Roof Material
Wood Shake
# Buildings
1
Exterior
Frame
Total Rooms
7
Quality
Good
Property Details
Courtesy of Holly Vogel, 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: 05/17/22 Page 1/3
SELL SCORE
Rating
Low
Sell Score
465
Value As Of
2022-05-15 05:24:09
LISTING INFORMATION
MLS Listing Id
4962751
MLS Close Price
$349,995
MLS Days On Market
31
MLS Listing Contract Date
10/20/2014
MLS Source
REcolorado
MLS Close Date
12/08/2014
MLS Status
Closed
MLS List Office Name
EXIT REALTY DENVER TECH CEN TER
MLS Status Change Date
12/08/2014
MLS List Agent Full Name
006681-Laura Losaw
MLS Current Price
$349,995
MLS Buyer Agent Full Name
010774-Carolyn Erickson
MLS Original List Price
$365,000
MLS Buyer Office Name
NEXSTEP REAL ESTATE GROUP
Sale Date
12/08/2014
Deed Type
Warranty Deed
Sale Price
$349,995
Owner Name
Sumrall Malenna A
Price per SqFt - Finished
$104.07
Seller
Whitefield Suzzanne A & Glen T
Document Number
71585
LAST MARKET SALE & SALES HISTORY
Sale Date
12/08/2014
Sale Price
$349,995
08/17/2007
Nominal
08/15/2005
03/24/1997
$256,500
$215,000
11/03/1992
Y
Y
Buyer
Sumrall Malenna A & R aymond O
Whitefield Glen T & Su zzanne A
Whitefield Glen T & Su zanne A
Miller Millage C III & K H
Helman Jack & Helman Marilyn L
Buyer
Sumrall Raymond O
Whitefield Suzzanne A
Whitefield Suzanne A
Miller K H
Helman Helman Marily nL
Seller
Whitefield Suzzanne A & Glen T
Whitefield Glen T & Su zzanne A
Miller Kathryn H
Helman Jack & Marilyn L
Helman Jack
Document Number
71585
67877
77018
1418-433
1096-188
Document Type
Warranty Deed
Special Warranty Deed
Warranty Deed
Warranty Deed
Quit Claim Deed
Title Company
Land Title Guarantee
Attorney Only
Land Title Corp
Security Title & Guaran ty Co.
Sale Date
06/14/1990
09/01/1989
06/02/1989
Sale Price
$100
$112,800
$180,745
Nominal
Y
Buyer
Helman Jack
Thomas Marilyn L
General Electric Mtg Securitie
Seller
Thomas Marilyn
General Electric Mtg Securitie
Heiland Juanita M
Document Number
917-239
871-770
869-205
Document Type
Quit Claim Deed
Special Warranty Deed
Public Trustees Deed
Buyer
Title Company MORTGAGE HISTORY
Mortgage Date
04/26/2004
11/27/2001
12/14/1998
09/07/1989
Mortgage Amount
$50,000
$50,000
$40,000
$90,200
Mortgage Lender
Firstbank/Douglas Cnty
Firstbank/Douglas Cnty
First Bk/Douglas Cnty
Metropolitan Fin'l Mtg
Borrower
Miller Kathryn H
Miller Millage C
Miller Millage C III
Thomas Marilyn L
Miller Kathryn N
Miller K H
Borrower Mortgage Type
Conventional
Conventional
Conventional
Conventional
Mortgage Purpose
Refi
Refi
Refi
Resale
Mortgage Int Rate Type
Fixed Rate Loan
Adjustable Int Rate Loan
Adjustable Int Rate Loan
Mortgage Term
10
10
Mortgage Term
Years
Years
Property Details
Courtesy of Holly Vogel, 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: 05/17/22 Page 2/3
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Holly Vogel, 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: 05/17/22 Page 3/3
Map of Property Locations
2369 Mount Royal Drive, Castle Rock, CO 80104 Listing Id: 3369627 Status: Active 05/05/22 Price: $525,000 1 Subtype: TWH Ttl SqFt: 2,616 Bd/Bth: 2/3 Show #: 303-573-7469 40 Peachtree Circle, Castle Rock, CO 80104 Listing Id: 3610391 Status: Pending 05/09/22 Price: $595,000 3 Subtype: TWH Ttl SqFt: 3,476 Bd/Bth: 4/4 Show #:
2212 Emerald Drive, Castle Rock, CO 80104 Listing Id: 2963392 Status: Pending 05/14/22 Price: $525,000 Subtype: TWH 2 Ttl SqFt: 3,566 Bd/Bth: 3/3 Show #: 800-746-9464
Broker 1 Page 2369 Mount Royal Drive, Castle Rock, CO 80104 (Status: Active, Listing ID: 3369627) County: Douglas List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Townhouse Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1996 Subdivision Name: Player's Club Villas Listing Contract Date: 05/05/2022 Days In MLS: 12 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,980.00 Tax Annual Amt: $1,930 Tax Year: 2021 Tax Legal Desc: LOT 7 BLK 3 PLAYERS CLUB VILLAS TOWNHOME #2 3RD AMENDMENT. 0.037 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 2,616 Living Area (SqFt Finished): 1,791 Above Grade Finished Area: 1,791 Below Grade Total Area: 825 Below Grade Finished Area: 0 Below Grade Unfinished Area: 825 PSF Total: $201 PSF Finished: $293 PSF Above Grade: $293 Basement: Bath/Stubbed, Full, Walk-Out Access Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Gas Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, Smoke Free Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer Flooring: Carpet, Tile, Wood Furnished: Unfurnished Exclusions: Seller's personal property Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 4 Garage Spaces: 2 Offstreet Spaces: 2 Association Information Assoc 1 Fee/Frequency: $390.00 Monthly Assoc 2 Fee/Frequency: $25.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Elementary School: South Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Mesa / Douglas RE-1 High School: Douglas County / Douglas RE-1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: End Unit, 1 Common Unit Count: Wall Direction Faces: View: Golf Course, Mountain(s), Valley Construction Materials: Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Immaculate golf course townhome in desirable Castle Rock neighborhood! The hardwood floors, windows throughout, and paint are all NEW! Other updates throughout include new guest bathroom tile, updated vanities and bathroom countertop, etc! Gorgeous hardwood floors under the carpet upstairs if that is your style! Unfinished walkout basement ready for your ideas! Backs to Plum Creek Golf Course... Confidential Information Private Remarks: Go and show! Call Mike Terpstra at 720-841-3782 before submitting an offer. Thank you! Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Closing/DOD Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional Title Company: Homestead Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:
303-573-7469 Show Email: No Showings Until: 05/06/22 Go and Show! Home is vacant and open all weekend. Overlapping showings allowed.
List Agent: Mike Terpstra List Office: PEAK REAL ESTATE Email:
List Agent Phone: 720-841-3782 Mobile: 720-841-3782
miketerpstra01@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/17/2022 12:15:52 PM
2212 Emerald Drive, Castle Rock, CO 80104 (Status: Pending B/U, Listing ID: 2963392) County: Douglas List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Townhouse Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1984 Subdivision Name: Players Club Villas Listing Contract Date: 05/04/2022 Purchase Contract Date: 05/14/2022 Contingency: None Known Accepting Backups: Yes Days In MLS: 10 Association: Y Multiple: Y Cov/Rest: N Assoc Fee Tot Annl: $4,980.00 Tax Annual Amt: $2,051 Tax Year: 2021 Tax Legal Desc: LOT 25, BLOCK 1, AMENDED FINAL PLAT, PLAYERS CLUB VILLAS TOWNHOME SUBDIVISION, FILING NO. 1, COUNTY OF DOUGLAS, STATE OF COLORADO. Interior Area & SqFt Building Area Total (SqFt Total): 3,566 Living Area (SqFt Finished): 2,998 Above Grade Finished Area: 2,208 Below Grade Total Area: 1,358 Below Grade Finished Area: 790 Below Grade Unfinished Area: 568 PSF Total: $147 PSF Finished: $175 PSF Above Grade: $238 Basement: Daylight, Full, Interior Entry/Standard, Bsmnt Ceiling Ht: Unfinished Foundation: Concrete Perimeter, Slab Fireplace: 1/Family Room, Gas Log Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Jet Action Tub, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Primary Suite, Smoke Free, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven, Tankless Water Heater Flooring: Carpet, Tile, Wood Exclusions: Personal property and staging items Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $390.00 Monthly Assoc 2 Fee/Frequency: $25.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Maintenance Structure, Trash Assoc Amenities: Parking, Pool Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.04 Acres / 1,742 SqFt Waterfront Feat: Elementary School: South Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Mesa / Douglas RE-1 High School: Douglas County / Douglas RE-1 Building & Water Information Entry Level/Loc: Common Walls: End Unit, 1 Common Unit Count: Wall Direction Faces: South View: Construction Materials: Frame, Stone, Wood Siding Roof: Composition Exterior Features: Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Welcome to low maintenance living at this immaculate townhouse near Plum Creek golf course! Step inside the entrance foyer, greeted by gleaming wood floors and soaring ceilings. In the living room, a large bay window and unique diagonal hardwoods bring interest to the space. The character continues into the kitchen where noble arches, stunning granite countertops and stainless-steel appliances add... Confidential Information Private Remarks: Inclusions: all kitchen appliances including refrigerator, dishwasher, range, oven Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title & Escrow Possession: Closing/DOD Contract Min Earnest: $7,500 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Homestead Title & Escrow Ownership: Individual Showing Information Showing Contact Phone:
800-746-9464
Show Email:
List Agent: Blair Bryant List Office: The Steller Group, Inc Email:
No Showings Until: List Agent Phone: 720-589-1740 Mobile: 720-589-1740
blaircontracts@stellerrealestate.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/17/2022 12:15:52 PM
40 Peachtree Circle Lot 14, Castle Rock, CO 80104 (Status: Pending, Listing ID: 3610391) County: Douglas List Price: $595,000 Property Type: Residential Original List Price: $595,000 Property Subtype: Townhouse Levels: Two Basement: Yes Structure Type: Townhouse Year Built: 1984 Subdivision Name: Plum Creek Listing Contract Date: 05/04/2022 Purchase Contract Date: 05/09/2022 Contingency: None Known Accepting Backups: No Days In MLS: 5 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $4,980.00 Tax Annual Amt: $2,130 Tax Year: 2021 Tax Legal Desc: LOT 14 BLOCK 1 PLAYERS CLUB VILLAS TOWNHOME 2 AMENDED FINAL PLAT BLOCK 1 0.045 AM/L Interior Area & SqFt Building Area Total (SqFt Total): 3,476 Living Area (SqFt Finished): 3,145 Above Grade Finished Area: 1,994 Below Grade Total Area: 1,482 Below Grade Finished Area: 1,151 Below Grade Unfinished Area: 331 PSF Total: $171 PSF Finished: $189 PSF Above Grade: $298 Basement: Finished, Full Bsmnt Ceiling Ht: Foundation: Concrete Perimeter, Slab Fireplace: 1/Family Room, Gas, Gas Log Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Breakfast Nook, Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Pantry, Quartz Counters, Smoke Free, Walk-In Closet(s) Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Water Heater, Humidifier, Microwave, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer Flooring: Carpet, Stone, Wood Exclusions: Sellers personal belongings/property. Curtains in Main Floor Master Bedroom. Curtains in Main Floor Office/bedroom. Main Floor 2nd bathroom Shower/Curtain Panels. Pool Table Light in Basement. Sauna in 2nd floor Bedroom Closet. Shower Curtains in 2nd Floor Bathroom. Refrigerator in Basement store room. Wine cooler/frig in basement. Electronic Dart Board and Backing Board for it. Bar and Bar Mirror Assembly mounted on wall behind bar. All glass shelving in Bar area and sitting room by Bar with collector cars on. All wall mounted TV`s. All Landscape lights, Yard ornaments, Yard Milk Can, Yard Antique Wood stove, Flower Pots, Bird Houses with post, Bird baths, Fountains. Bed & Bath Summary Bedrooms Total: 4 Bathrooms Total: 4 Baths Full: 4 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $390.00 Monthly Assoc 2 Fee/Frequency: $25.00 MonthlyAssoc 3 Fee/Frequency: Assoc Fee Incl: Insurance, Irrigation Water, Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash Assoc Amenities: Pool Senior Community: No Restriction Covenants: Commercial Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Vehicle Restrictions, Other Site & Location Information Lot Size: 0.04 Acres / 1,960 SqFt Waterfront Feat: Lot Features: Corner Lot, Landscaped, Master Planned, On Golf Course, Sprinklers In Front, Sprinklers In Rear Elementary School: South Ridge / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Mesa / Douglas RE-1 High School: Douglas County / Douglas RE-1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: 1/Ground Common Walls: End Unit, 1 Common Unit Count: 2 Wall Direction Faces: View: Golf Course Construction Materials: Frame Roof: Composition Exterior Features: Rain Gutters Water Included: Water Source: Public Sewer: Public Sewer Public Remarks Beautifully remodeled/updated home. Two Masters, one on the main floor and second master in basement. Backs to 1st tee at Plum Creek Community Golf Course. Secluded corner location with tiered landscaping. Largest (26 x 11) back deck in the community with large shade tree. Cozy front patio/deck right off breakfast area in kitchen. Newer windows by previous owner. Hardwood floors, Travertine tile ... Confidential Information Private Remarks: Showings to begin noon (12pm) Friday, 05/06/2022. ****Listing Agent is Owner and holds an active real estate license in the state of Colorado**** Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Ascendant National Title Possession: Closing/DOD Contract Min Earnest: $10,000 Listing Terms: Cash, Conventional, FHA, VA Loan Title Company: Ascendant National Title Ownership: Agent Owner Showing Information Showing Service: Showing Contact Phone: Showing Instructions:
ShowingTime Show Email: No Showings Until: 05/06/22 Showings start Noon, (12pm) Friday, 05/06/2022. Buyers must be accompanied by there Realtor. No showing assistance and no videos to be taken of property.
List Agent: William McFarland List Office: HomeSmart Realty Email: whmcfarland17@gmail.com
List Agent Phone: 303-881-4999 Mobile: 303-881-4999
Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 05/17/2022 12:15:52 PM
Full Property View
2369 Mount Royal Drive, Castle Rock, CO 80104
----
$525,000 - Active
2212 Emerald Drive, Castle Rock, CO 80104
----
$525,000 - Pending
40 Peachtree Circle, Castle Rock, CO 80104
----
$595,000 - Pending
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 05/17/2022 to 04/17/2022 Latitude, Longitude is within 0.25 mi of
2205 Mt Royal Dr, Castle Rock, CO 80104, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'
Residential Active Properties Listing ID Address
City
3369627 2369 Mount Royal DR
Castle Rock
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
2
3
1,791
2,616
1,791
05/05/22
$293
$201
$293
Averages:
1,791
2,616
1,791
$293
$201
$293
Count: 1
List Price:
High $525,000
Low $525,000
PSF Fin DIM Orig Price
List Price
525,000
$525,000
$525,000
$525,000
PSF Fin DIM Orig Price
List Price
12 12
Median $525,000
Pending Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2963392 2212 Emerald DR
Castle Rock
3
3
2,208
3,566
2,998
05/14/22
$238
$147
$175
3610391 40 Peachtree CIR
Castle Rock
4
4
1,994
3,476
3,145
05/09/22
$298
$171
$189
Averages:
2,101
3,521
3,072
$268
$159
$182
Count: 2
List Price:
Report Totals
Presented By: Holly Vogel Generated on: 05/17/2022
Count : 3
Averages:
High $595,000 SqFt Abv 1,998
SqFt Ttl 3,219
Low $525,000 Sqft Fin 2,645
PSF Abv $ 276
10
525,000
$525,000
5 8
595,000
$595,000
$560,000
$560,000
Orig Price $548,333
List Price $548,333
Median $560,000 PSF Ttl
$173
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $219
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.
at Keller Williams Integrity