Market Analysis for Howard Pearson

Page 1

at Keller Williams Integrity


Single-Family Homes

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

Idaho Springs, CO

This week the median list price for Idaho Springs, CO is $750,000 with the market action index hovering around 38. This is less than last month's market action index of 44. Inventory has increased to 28.

Real-Time Market Profile Median List Price

$750,000

Market Action Index

Median Price of New Listings

$369,000

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$324

Average Days on Market

43

Median Days on Market

28

Price Decreased

43%

Price Increased

0%

Relisted

4%

Inventory

28

Median Rent

$2,575

Market Action

38

inventory. 50

40

Buyer's Market

60

20

80

10

on

100

38

90

ay Tod th

Las t

M

0

Seller's Market

70

30

Slight Seller's Advantage The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Slight Seller's Advantage

Market Segments Each segment below represents approximately 25% of the market ordered by price. Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$1,350,000

3,030

1 - 2.5 acres

4

4

38

0

0

56

$895,000

2,376

5 - 10 acres

3

2

23

0

0

21

$675,000

2,130

0.5 - 1 acre

3

3

24

0

0

21

$500,000

1,816

0.25 - 0.5 acre

3

2

50

1

0

14

Mon Jul 18 2022

2 of 6


Single-Family Homes

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

Idaho Springs, CO

Median List Price

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend. $3.0M

$2.5M

$2.0M

$1.5M

$1.0M

$500K

$0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 2022

90-Day Average

Segments

Price weakness is visible almost across the board. Prices in Quartile 4 have been mixed recently, while the rest of the market is trending downward. Look to a strong, persistent up shift in the Market Action Index as a leading indicator of the trough in the market. $6.0M

$5.0M

$4.0M

$3.0M

$2.0M

$1.0M

$0 Jul 2019

Dec 2019

Apr 2020

Top 90-Day

Aug 2020

Dec 2020

Upper 90-Day

Apr 2021

Lower 90-Day

Mon Jul 18 2022

Aug 2021

Dec 2021

Apr 2022

Bottom 90-Day

3 of 6


Single-Family Homes

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

Idaho Springs, CO

Price Per Square Foot

The market’s downward trends are shared across both price and value. People are recently placing less value on homes (you can see the recent declines in price per square foot as evidence.) Look for significant changes in the Market Action Index as a precursor to price and value changes, possibly as inflection points for good investment opportunities. $3K

$3K

$2K

$2K

$1K

$500

$0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 2022

90-Day Average

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply. 30

25

20

15

10

5

0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 2022

90-Day Average

Mon Jul 18 2022

4 of 6


Single-Family Homes

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

Idaho Springs, CO

Market Action Index

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again. 125

100

75

50

25

0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 2022

90-Day Average

Market Action Segments

Three of the four quartiles of the market are in the Seller’s Market zone with relatively low amounts of inventory given the current rate of demand for homes in the quartile. Notice that Quartile 1 (the highest-end price group) is showing weaker demand than the others. It’s not uncommon that the premium segment of the market takes longer to sell than the rest of the group. 100

80

60

40

20

0 Jul 2019

Dec 2019

Apr 2020

Top 90-Day

Aug 2020

Dec 2020

Upper 90-Day

Apr 2021

Lower 90-Day

Mon Jul 18 2022

Aug 2021

Dec 2021

Apr 2022

Bottom 90-Day

5 of 6


Single-Family Homes

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

Idaho Springs, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 42 days. Half of the listings have come newly on the market in the past 18 or so days. Watch the 90-day DOM trend for signals of a changing market. 400

300

200

100

0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 2022

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 800

600

400

200

0 Jul 2019

Dec 2019

Apr 2020

Top 90-Day

Aug 2020

Dec 2020

Upper 90-Day

Apr 2021

Lower 90-Day

Mon Jul 18 2022

Aug 2021

Dec 2021

Apr 2022

Bottom 90-Day

6 of 6


1963-08-3-00-003, CO, Clear Creek County APN: 1963-08-3-00-003

Active Listing

CLIP: 4462957963

Beds N/A

Full Baths N/A

Half Baths N/A

MLS List Price $145,000

Bldg Sq Ft N/A

Lot Sq Ft 1,648,310

Yr Built N/A

Type VCNT LND-NEC

MLS List Date 07/12/2022

OWNER INFORMATION

Owner Name

Thompson Robert E

Mailing Zip

44107

Mailing Address

2377 Northland Ave

Mailing ZIP 4

5541

Mailing City & State

Lakewood, OH

Mailing Carrier Route

C054

School District

Clear Creek Re-1

Census Tract

147.02

Elementary School

Carlson Idaho Spring

Topography

Steep

Middle School

Clear Creek

Township

04

High School

Clear Creek

Range

72

Zoning

MR-1

Section

8

PIN

1963-08-3-00-003

Schedule Number

196308300003

Alternate PIN

R017088

Tax District

080

Legal Description

S: 8 T: 4 R: 72 - NE4 SW4 SURV #2 03709 606/97 631/238

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$58,530

$58,530

$58,530

Market Value - Total

$58,530

$58,530

$58,530

Assessed Value - Land

$16,970

$16,970

$16,970

Assessed Value - Total

$16,970

$16,970

$16,970

YOY Assessed Change (%)

0%

0%

YOY Assessed Change ($)

$0

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$1,137

2020

$1,142

$4

0.36%

2021

$1,215

$73

6.4%

CHARACTERISTICS

Lot Acres

37.84

Land Use - CoreLogic

Vacant Land (NEC)

Lot Sq Ft

1,648,310

Water

Individual

Lot Shape

1

Sewer

Individual

Land Use - County

35 Ac To L/T 100 Ac

SELL SCORE

Value As Of

2022-07-17 04:41:40

LISTING INFORMATION

MLS Listing Id

2864353

MLS Current Price

$145,000

MLS Days On Market

7

MLS Original List Price

$145,000

MLS Source

REcolorado

MLS Listing Contract Date

07/12/2022

MLS Status

Active

MLS List Office Name

BERKSHIRE HATHAWAY HOMESE RVICES ELEVATED LIVING RE

MLS Status Change Date

07/12/2022

MLS List Agent Full Name

55053104-Nicholas Melzer

MLS Listing #

2735477

MLS Source History

REcolorado

MLS Status

Closed

MLS Listing Price

$65,000

MLS Orig Listing Price

$65,000

Property Details

Courtesy of Tennille Johnson, 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: 07/18/22 Page 1/2


MLS Listing Close Price

$57,000

MLS Listing Date

11/01/2016

MLS Close Date

03/05/2018

LAST MARKET SALE & SALES HISTORY

Sale Date

03/05/2018

Deed Type

Warranty Deed

Sale Price

$57,000

Owner Name

Thompson Robert E

Document Number

946-525

Seller

Snyder Denise S & Thomas J

Sale Date

03/05/2018

Sale Price

$57,000

Nominal

12/19/2006

10/27/2000 $40,000

Y

Buyer

Thompson Robert E

Buyer

Snyder Denise S

Grett Bobbie D

Snyder Thomas J

Seller

Snyder Denise S & Thomas J

Grett Bobbie D

Owner Record

Document Number

946-525

766-673

604-884

Document Type

Warranty Deed

Quit Claim Deed

Deed (Reg)

Title Company

Heritage Title Co.

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Tennille Johnson, 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: 07/18/22 Page 2/2


Map of Property Locations

TBD1 Little Bear Creek Roads, Idaho Springs, CO 80452 Listing Id: 7645857 Status: Active 06/04/22 Price: $560,000 1 2 Subtype: Unimproved Land Acres: 30.91 Show #: 800-746-9464

1190 Squaw Mountain Trail, Idaho Listing Id: Status: Price: 3 Subtype: Acres: Show #:

Springs, CO 80452 5055805 Active 04/27/22 $380,000 Unimproved Land 5.00 3039181324

90 Long Road, Idaho Springs, CO 80452 Listing Id: 8553888 Status: Active 05/06/22 Price: $124,900 5 Subtype: Unimproved Land Acres: 1.34 Show #:

TBD2 Little Bear Creek Road, Idaho Springs, CO 80452 Listing Id: 2528704 Status: Active 06/04/22 Price: $540,000 Subtype: Unimproved Land Acres: 81.00 Show #: 800-746-9464

Hidden Wilderness Road, Idaho Springs, CO 80452 Listing Id: 2864353 Status: Active 07/12/22 Price: $145,000 Subtype: Unimproved Land 4 Acres: 37.84 Show #: 303.573.7469

316 Sawmill Lane, Idaho Springs, Listing Id: Status: Price: Subtype: 6 Acres: Show #:

CO 80452 7397017 Active 06/18/22 $84,000 Unimproved Land 0.51


2060 Little Bear Creek Road, Idaho Springs, CO 80452 Listing Id: 8687270 Status: Active 05/18/22 Price: $53,000 7 Subtype: Unimproved Land Acres: 0.47 Show #: 3039181324

Lots 1-3 Old Glory Road, Idaho Springs, CO 80452 Listing Id: 6698280 Status: Pending 04/11/22 Price: $229,900 9 Subtype: Unimproved Land Acres: 5.01 Show #: 800-746-9464

000 Wood Road, Idaho Springs, CO 80452 Listing Id: 6275937 Status: Active 03/05/22 Price: $49,900 Subtype: Unimproved Land 8 Acres: 0.43 Show #: 3038347518

100 Bluebell Lane, Idaho Springs, Listing Id: Status: Price: Subtype: 10 Acres: Show #:

CO 80452 1811252 Closed 07/08/22 $41,000 Unimproved Land 1.05 3039181324


Broker 1 Page TBD1 Little Bear Creek Roads, Idaho Springs, CO 80452 (Status: Active, Listing ID: 7645857) County: Clear Creek List Price: $560,000 Property Type: Land Original List Price: $560,000 Property Subtype: Unimproved Land Subdivision Name: Buckley Division Listing Contract Date: 06/04/2022 Spec. Listing Cond: None Known Days In MLS: 44 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $19 Tax Year: 2021 Tax Legal Desc: SUBDIVISION: 2004 BUCKLEY DIVISION - PARCEL 1 - 615/871 697/396 - 2004 DIV #229189 712/86 - LETS 728/311, LETS 782/952, LETS 767/768 Lot Size: Lot Size Dimensions: Lot Features: Waterfront Feat: Road Surf/Front: Other Equipment: Exclusions:

30.91 Acres / 1,346,440 SqFt Borders National Forest Dirt/Private Road Owners personal property on site.

Site & Location Information Fencing: None Vegetation: Aspen, Partially Wooded Road Responsibility: View: Mountain(s), Valley

School District: Clear Creek RE-1 Parcel Number: 1963-18-2-06-001 Is Incorporated: Zoning: MR-1 Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Sewer: Utilities: Electricity Available Electric: Public Remarks Don't miss this hard to find 30 acres that borders National forest, with easy access off of Little Bear Creek Road. Avoid the I70 ski traffic with local access to Idaho Springs, the Indian Hot Springs and Evergreen. Great proximity to mountain ski hills yet commutable to Denver, the property is just 30 minutes to Golden and under an hour to downtown Denver. Large ski resorts of Winter Park and Ara... Confidential Information Private Remarks: Property can be accessed by contacting listing agent. Seller has a local care taker with keys to private gate. All information to be verified by buyer and buyer's agent, including land use and easements. Seller owns adjoining 81 acres and is willing to negotiate price for both parcels in one deal. Property is currently being cleaned up by seller. Any construction equipment on site is negotiable. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 3% Contract Earnest Check To: Heritage Title Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo Title Company: Heritage Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:

800-746-9464 Show Email: wesley.wittman@8z.com No Showings Until: 06/04/22 Please contact listing agent for access. Gate to property will need to be unlocked. List Agent Phone: 303-917-2681 Mobile: 303-917-2681

List Agent: Wesley Wittman List Office: 8z Real Estate Email:

wesley.wittman@8z.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:29 PM


Full Property View

TBD1 Little Bear Creek Roads, Idaho Springs, CO 80452

----

$560,000 - Active

Overhead view of possible build spots

View to the East

Possible build spot #1

Possible build spot #2

Possible build spot #3


TBD2 Little Bear Creek Road, Idaho Springs, CO 80452 (Status: Active, Listing ID: 2528704) County: Clear Creek List Price: Property Type: Land Original List Price: Property Subtype: Unimproved Land Subdivision Name: Buckley Division Listing Contract Date: 06/04/2022 Spec. Listing Cond: Days In MLS: 44 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $49 Tax Year: Tax Legal Desc: SUBDIVISION: 2004 BUCKLEY DIVISION BUCKLEY & 782/952 Site & Location Information 81.00 Acres / 3,528,360 SqFt Fencing: None

Lot Size: Lot Size Dimensions: Lot Features: Many Trees, Mountainous Waterfront Feat: Road Surf/Front: None Other Equipment: Exclusions: Sellers Personal property

$540,000 $540,000 None Known $0.00 2021 2009 DIV PARCEL 2 LETS 767/768

Vegetation: Aspen, Heavily Wooded Road Responsibility: View: Mountain(s)

School District: Clear Creek RE-1 Parcel Number: 1963-18-3-04-001 Is Incorporated: Zoning: MR-1 Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Sewer: Utilities: Electricity Available Electric: Public Remarks A must see property that covers over 81 total acres with no Hoa's. Property is heavily wooded and borders the origin of Little Bear creek. Options on this property include custom building, hunting, or having a secluded acreage to get away to from city life. Close to Indian Hot Springs and 15 minutes from downtown Idaho Springs. Near Highway 103 and the Mt Evans Scenic Byway with some of the best s... Confidential Information Private Remarks: Property can be accessed by contacting listing agent. Seller has a local caretaker with keys to private gate. All information to be verified by buyer and buyer's agent, including land use and easements. Seller owns adjoining 30 acres and is willing to negotiate price for both parcels in one deal. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 3% Contract Earnest Check To: Heritage Title Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: 1031 Exchange, Cash, Conventional, Jumbo Title Company: Heritage Title Ownership: Individual Showing Information Showing Contact Phone: Showing Instructions:

800-746-9464 Show Email: wesley.wittman@8z.com No Showings Until: 06/04/22 Please contact listing agent for access. Access to property is through neighboring listing. List Agent Phone: 303-917-2681 Mobile: 303-917-2681

List Agent: Wesley Wittman List Office: 8z Real Estate Email:

wesley.wittman@8z.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:29 PM


TBD2 Little Bear Creek Road, Idaho Springs, CO 80452

View to the West

Looking east to Denver

----

$540,000 - Active

View of the slope of the property


1190 Squaw Mountain Trail Lot 4, Idaho Springs, CO 80452 (Status: Active, Listing ID: 5055805) County: Clear Creek List Price: Property Type: Land Original List Price: Property Subtype: Unimproved Land Subdivision Name: MOEHRKE-GASKILL Listing Contract Date: 04/27/2022 Spec. Listing Cond: Days In MLS: 82 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $628 Tax Year: Tax Legal Desc: SUBDIVISION: MOEHRKE-GASKILL LOT: 4 5.0A

$380,000 $380,000 None Known $0.00 2021

Site & Location Information 5.00 Acres / 217,800 SqFt Fencing: None 520x850 Many Trees, Mountainous, Near Ski Area, Secluded Vegetation: Heavily Wooded, Mixed, Natural State, Pine, Wooded Dirt, Gravel/Private Road, Public Road, Road Responsibility: Private Maintained Road, Public Maintained Road Year Round Horse: Yes Ski Features: Other Equipment: View: Mountain(s) Exclusions: None School District: Clear Creek RE-1 Parcel Number: 1963-30-1-00-010 Is Incorporated: No Zoning: MR-1 Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Sewer: Water Tap Paid: Water Tap Fee: Water/Mineral Rights: Mineral Rights Utilities: Electricity Available, Electricity To Lot Line, Internet Access Electric: 110V (Wired), Natural Gas Not Available, Phone Available, Propane Public Remarks On top of the world with five acres that you can build and relax on. This five acre pie shaped lot offers quietness and secludedness on the beautiful Squaw Mountain. Plenty of trees and flat spots for you to build and create your dream home. The forest is very healthy with minimal dead or sick trees. Great views to the east with a two story house. Over look the cliffs of Whitter Gulch Easy access ... Confidential Information Private Remarks: Listing agent is a CTM user. All offers must contain a 48 acceptance deadline and proof of funds. No escalation clauses will be accepted. Please call listing agent before submitting offers. Please check supplements for survey plat and other documents. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title and Escrow Possession: Closing/DOD Contract Min Earnest: $12,000 Listing Terms: Cash, Conventional Title Company: Homestead Title and Escrow Ownership: Individual Lot Size: Lot Size Dimensions: Lot Features: Waterfront Feat: Road Surf/Front:

Showing Information Showing Contact Phone: Showing Instructions:

3039181324 Go and show.

List Agent: Caleb Skeen List Office: Heritage West Realty LLC Email:

Show Email: calebheritagewest@gmail.com

No Showings Until:

List Agent Phone: 303-918-1324 Mobile: 303-918-1324

calebheritagewest@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:29 PM


1190 Squaw Mountain Trail, Idaho Springs, CO 80452

----

$380,000 - Active


90 Long Road, Idaho Springs, CO 80452 (Status: Active, Listing ID: 8553888) County: Clear Creek List Price: $124,900 Property Type: Land Original List Price: $124,900 Property Subtype: Unimproved Land Subdivision Name: Blue Valley Acres Listing Contract Date: 05/06/2022 Spec. Listing Cond: None Known Days In MLS: 73 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $604 Tax Year: 2021 Tax Legal Desc: SUBDIVISION: BLUE VALLEY ACRES BLOCK: 23 LOT: 8 AND:- LOT: 9 AND:- LOT: 4 U6 , 272/391 55/671 611/628 DC 641/561 SURV #204924 610/34 AGREE 619/533 Lot Size: Lot Size Dimensions: Lot Features: Waterfront Feat: Road Surf/Front: Other Equipment: Exclusions:

1.34 Acres / 58,370 SqFt Level, Many Trees, Sloped Dirt, Gravel/Public Road None

Site & Location Information Fencing: None Vegetation: Cleared, Pinon Pines, Wooded Road Responsibility: Public Maintained Road View: Mountain(s)

School District: Clear Creek RE-1 Parcel Number: 1963-19-2-04-006 Is Incorporated: Zoning: MR-1 Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Sewer: Utilities: Electricity Connected, Off Grid Electric: 110V Public Remarks Welcome home to Blue Valley Acres! This beautifully treed lot is ready for your dream mountain getaway. Excavation Permit is approved for rough driveway, turnaround, leach field, and foundation for a structure up to 1,400 sqft. There is electricity already on the lot. This is the perfect spot to get away from the hustle and bustle of city life and still be near all of the modern amenities. Hiking,... Confidential Information Private Remarks: Go direct to view the property using the address provided. Property is sold as is. No recent survey is available. Septic and well are not installed. Trailer can be included at no additional cost. All known information on hand is in the MLS. Buyer and buyer's agent to verify all information. Buyer Agency Comp: 3% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 3% Contract Earnest Check To: Title Company Possession: Closing/DOD Contract Min Earnest: $2,000 Listing Terms: 1031 Exchange, Cash, Conventional Title Company: Land Title Guarantee Ownership: Individual Showing Service:

BrokerBay

List Agent: Karri Goscinski List Office: Keller Williams Preferred Realty Email:

Showing Information List Agent Phone: 303-834-7518 Mobile: 303-834-7518

karri@peartreepg.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:30 PM


90 Long Road, Idaho Springs, CO 80452

----

$124,900 - Active

Power on site with 110v!

Power on site with 110v!

Aerial view


316 Sawmill Lane, Idaho Springs, CO 80452 (Status: Active, Listing ID: 7397017) County: Clear Creek List Price: $84,000 Property Type: Land Original List Price: $84,000 Property Subtype: Unimproved Land Subdivision Name: Blue Valley Acres Listing Contract Date: 06/18/2022 Spec. Listing Cond: None Known Days In MLS: 30 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $238 Tax Year: 2021 Tax Legal Desc: SUBDIVISION: BLUE VALLEY ACRES BLOCK: 24 LOT: 9 U6 410/418 606/25 606/26

Lot Size: 0.51 Acres / 22,216 SqFt Lot Size Dimensions: Lot Features: Mountainous, Near Ski Area, Sloped Exclusions: None

Site & Location Information Fencing:

School District: Clear Creek RE-1 Parcel Number: 1963-19-2-03-006 Is Incorporated: Zoning: MR-1 Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Sewer: Public Remarks This beautiful piece of land is located minutes from Echo Mountain in an up and coming Mountain Subdivision. Ready for development the sellers will be providing building/architectural plans for an 1,800 square foot home. Also included with this land is a Site Plan, Site Topo, GESC Draft, and a Load Multizone Summary Report. https://site.windowstill.com/316-Sawmill-Ln Confidential Information Private Remarks: There is currently no well or water rights with this property. Buyer Agency Comp: 3.2% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Rocky Mountain Title Possession: Contract Min Earnest: $1,000 Listing Terms: Cash, Conventional Title Company: Ownership: Individual Showing Information Showing Contact Phone:

Show Email: courtney.decker@kw.com

List Agent: Courtney Decker List Office: Keller Williams Realty Downtown LLC Email: courtney.decker@kw.com Co List Agent: Courtney Decker Co List Office: Keller Williams Realty Downtown LLC Email:

No Showings Until:

List Agent Phone: 720-453-6551 Mobile: Phone: 720-453-6551 Mobile:

courtney.decker@kw.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:30 PM


316 Sawmill Lane, Idaho Springs, CO 80452

----

$84,000 - Active


2060 Little Bear Creek Road Lot 9, Idaho Springs, CO 80452 (Status: Active, Listing ID: 8687270) County: Clear Creek List Price: Property Type: Land Original List Price: Property Subtype: Unimproved Land Subdivision Name: Blue Valley Acres Listing Contract Date: 05/18/2022 Spec. Listing Cond: Days In MLS: 61 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $194 Tax Year: Tax Legal Desc: SUBDIVISION: BLUE VALLEY ACRES BLOCK: 9 LOT: Lot Size: 0.47 Acres / 20,473 SqFt Lot Size Dimensions: Lot Features: Corner Lot Waterfront Feat: Road Surf/Front: Horse: Other Equipment: Exclusions:

Dirt/Public Road No None

$53,000 $53,000 None Known $0.00 2021 12 U2 327/30 644/265

Site & Location Information Fencing: None Vegetation:

Heavily Wooded, Natural State, Partially Wooded, Pine, Wooded Road Responsibility: Public Maintained Road Ski Features: View: Mountain(s)

School District: Clear Creek RE-1 Parcel Number: 1963-18-3-03-002 Is Incorporated: Yes Zoning: MR-1 Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Sewer: Water Tap Paid: Water Tap Fee: Water/Mineral Rights: Mineral Rights Utilities: Cable Available, Electricity Available, Phone Available Electric: 110V Public Remarks Enjoy some amazing views and quietness as you build you dream home in the rocky mountains. This .47 acre property will allow you to build a lovely mountain home. Fully forested and in its natural state. Property is gently slopped but completely buildable. Property has amazing views to the south. Property is located minutes from Mount Evens and Echo Mountain Ski resort. Easy access to Evergreen an... Confidential Information Private Remarks: Listing agent is a CTM user. All offers must have a 48 hour acceptance deadline. Proof of funds are required with all offers. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 2.5% Contract Earnest Check To: Homestead title and Escrow Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional Title Company: Homestead title and Escrow Ownership: Corporation/Trust Showing Information Showing Contact Phone: Showing Instructions:

3039181324 Go and Show

List Agent: Caleb Skeen List Office: Heritage West Realty LLC Email:

Show Email: calebheritagewest@gmail.com

No Showings Until:

List Agent Phone: 303-918-1324 Mobile: 303-918-1324

calebheritagewest@gmail.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:30 PM


2060 Little Bear Creek Road, Idaho Springs, CO 80452

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$53,000 - Active


000 Wood Road, Idaho Springs, CO 80452 (Status: Active, Listing ID: 6275937) County: Clear Creek List Price: $49,900 Property Type: Land Original List Price: $49,900 Property Subtype: Unimproved Land Subdivision Name: Blue Valley Acres Listing Contract Date: 03/05/2022 Spec. Listing Cond: None Known Days In MLS: 89 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $157 Tax Year: 2021 Tax Legal Desc: SUBDIVISION: BLUE VALLEY ACRES BLOCK: 15 LOT: 9 U3 287/676 SURV #237303 747/431 Site & Location Information 0.43 Acres / 18,731 SqFt Fencing: None

Lot Size: Lot Size Dimensions: Lot Features: Many Trees, Sloped Waterfront Feat: Road Surf/Front: Dirt/Private Road Other Equipment: Exclusions: None, vacant land.

Vegetation: Natural State, Pine Road Responsibility: Private Maintained Road View: Mountain(s)

School District: Clear Creek RE-1 Parcel Number: 1963-19-1-18-003 Is Incorporated: Zoning: MR-1 Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Sewer: Utilities: Electricity Available, Natural Gas Not Available, Propane Electric: Public Remarks Welcome home to Blue Valley Acres! With year round access, this beautifully treed lot is ready for you to build your dream Rocky Mountain getaway or full time residence. You'll enjoy easy access to skiing, hiking, biking, fishing, 4-wheeling, rafting, ziplines and everything Idaho Springs has to offer! Conveniently located only 20 minutes from downtown Idaho Springs for shops and restaurants, 22 m... Confidential Information Private Remarks: Go direct to view the property with at GPS coordinates 39.693124, -105.486137. Property is sold as is. No recent survey is available. Septic and well are not installed. All known information on hand is in the MLS. Buyer and buyer's agent to verify all information. Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.5% Contract Earnest Check To: Contact Listing Agent Possession: Closing/DOD Contract Min Earnest: Listing Terms: Cash Title Company: Ownership: Corporation/Trust Showing Information Showing Service: Showing Contact Phone: Showing Instructions:

BrokerBay 3038347518 Show Email: karri@peartreepg.com No Showings Until: Vacant land, please be aware of your surroundings. Snow may be covering rocks or fallen branches.

List Agent: Karri Goscinski List Office: Keller Williams Preferred Realty Email:

List Agent Phone: 303-834-7518 Mobile: 303-834-7518

karri@peartreepg.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:30 PM


000 Wood Road, Idaho Springs, CO 80452

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$49,900 - Active

Approximate lot lines from above.

View of Wood Rd. from property line

Level, buildable lot.

View out to Wood Rd from the property.


Lots 1-3 Old Glory Road Lot 8-14 & 25-27, Idaho Springs, CO 80452 (Status: Pending B/U, Listing ID: 6698280) County: Clear Creek List Price: $229,900 Property Type: Land Original List Price: $229,900 Property Subtype: Unimproved Land Subdivision Name: Barbour Heights Listing Contract Date: 11/02/2021 Spec. Listing Cond: None Known Purchase Contract Date: 04/11/2022 Contingency: None Known Accepting Backup Offers: Yes Days In MLS: 62 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $50.00 Tax Annual Amt: $1,691 Tax Year: 2020 Tax Legal Desc: BARBOUR HEIGHTS LOT: 8-14 & PT VAC SKYLINE DR -VAC 623/989 - SURV 247476 CLA292917 ORIG DEED 602/927 & 602/930 AND BARBOUR HEIGHTS Lot: 25 THRU:Lot: 27 & PT VAC SKYLINE DR AGREE 623/350 VAC 623/989 630/478, SURV #247476 785/136 Site & Location Information 5.01 Acres / 218,236 SqFt Fencing: None

Lot Size: Lot Size Dimensions: Lot Features: Meadow, Rolling Slope Waterfront Feat: Road Surf/Front: Dirt, Paved/Easement Other Equipment: Exclusions: None

Vegetation: Grassed, Partially Wooded Road Responsibility: View: Meadow, Mountain(s)

School District: Clear Creek RE-1 Parcel Number: 1961-10-1-01-010 Is Incorporated: Zoning: MR-1 Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Well Sewer: Septic Tank Well Type: Not Drilled Well Usage: Issued Well Permit #'s: Utilities: Electricity Available, Natural Gas Available, Propane Electric: Association Information Assoc 1 Fee/Frequency:$50.00 Annually Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Snow Removal Assoc Amenities: Restriction Covenants: Public Remarks Don't miss your opportunity to own 5 acres just minutes from Downtown Idaho Springs and Idaho Springs Hot Springs. This land has beautiful mountain views in a meadow-like setting while being easily accessed from town and I-70. Ideal for those wishing to live close to mountain recreation and skiing while wanting to enjoy the beauty and charm of Idaho Springs. This lot gets plenty of sunlight and is... Confidential Information Private Remarks: Please contact agent before submitting an offer. 5.01 Acres. Two lots sold together (Parcel Number 1961-101-01-010 3.66 Acres (originally two lots, now combined) & Parcel Number 1961-101-01-020 1.35 Acres). The purpose for HOA is to maintain road easement from the Forest Service and snow plowing. No restrictions/covenants. Access by easement. See MLS Supplements for more info. Lot 1 is not marked Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8% Contract Earnest Check To: Land Title Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional Title Company: Land Title Ownership: Individual Showing Information Showing Service: Showing Contact Phone: Showing Instructions:

BrokerBay 800-746-9464 Show Email: No Showings Until: Look at Google Maps before visiting. Walk-on access is easiest from start of Gold Run Trail. Park off Soda Creek Dr and walk up approx. 200 ft from Gold Run Trail. Do not go up to private drive on Gold Run Trl. You can also access the land from Old Glory Rd, but do not drive down private drive (lot has easement off this drive). Lots are about 700 ft east of the end of Old Glory Rd. Driving directions are from Miner St, go south on Soda Creek Rd 2.9 miles. Turn right on Rosebud Rd, right on Old Glory Rd.

List Agent: Parisa Zohoori List Office: RE/MAX ALLIANCE Email: parisa@andersenhomegroup.com Co List Agent: The Andersen Group Co List Office: RE/MAX ALLIANCE Email:

List Agent Phone: 720-240-6915 Mobile: 720-240-6915 Phone: 303-883-1050 Mobile:

info@andersenhomegroup.com Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:31 PM


Lots 1-3 Old Glory Road, Idaho Springs, CO 80452

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$229,900 - Pending


100 Bluebell Lane Lot 1, Idaho Springs, CO 80452 (Status: Closed, Listing ID: 1811252) Close Price: $41,000 County: Clear Creek List Price: $42,000 Property Type: Land Original List Price: $42,000 Property Subtype: Unimproved Land Subdivision Name: Blue Valley Acres Listing Contract Date: 06/08/2022 Spec. Listing Cond: None Known Purchase Contract Date: 06/15/2022 Contingency: None Known Close Date: 07/08/2022 Days In MLS: 7 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $490 Tax Year: 2021 Tax Legal Desc: SUBDIVISION: BLUE VALLEY ACRES BLOCK: 24 LOT: 1 U5 392/669 Site & Location Information Lot Size: 1.05 Acres / 45,738 SqFt Fencing: None Lot Size Dimensions: 215x300 Lot Features: Corner Lot, Many Trees, Mountainous, Secluded, Sloped Waterfront Feat: Vegetation: Mixed, Natural State, Wooded Road Surf/Front: Dirt/Public Road Road Responsibility: Public Maintained Road Horse: No Ski Features: Other Equipment: View: Mountain(s) Exclusions: None School District: Gilpin RE-1 Parcel Number: 1963-18-2-02-005 Is Incorporated: No Zoning: MR-1 Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Sewer: Water Tap Paid: Water Tap Fee: Water/Mineral Rights: Mineral Rights Utilities: Cable Available, Electricity Available, Propane Electric: 110V, 220 Volts Public Remarks Enjoy some amazing views and quietness as you build you dream home in the rocky mountains. This 1.05 acre property will allow you to build a lovely mountain home. Fully forested and in its natural state with amazing views to the north west. Property is gently slopped but completely buildable. Property has amazing views to the south. Property is located minutes from Mount Evens and Echo Mountain S... Confidential Information Private Remarks: Listing agent is a CTM user. All offers must have a 48 hour acceptance deadline. Proof of funds are required with all offers. Buyer Agency Comp: 3% Dual Variable: No Submitted Prosp: Yes Transaction Broker Comp: 3%

List Agent: Caleb Skeen List Office: Heritage West Realty LLC Email:

calebheritagewest@gmail.com

Buyer Agent: Michelle Giblette Buyer Office: eXp Realty, LLC Email:

mgiblette@gmail.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 303-918-1324 Mobile: 303-918-1324 Buyer Agent Phone: 303-921-3170 Mobile: 303-921-3170 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/18/2022 2:24:31 PM


100 Bluebell Lane, Idaho Springs, CO 80452

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$41,000 - Closed


Property Type is 'Land' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/18/2022 to 01/19/2022 Latitude, Longitude is within 5.00 mi of Hidden

Wilderness Rd, Colorado, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 32 Properties have been discarded.

Land Active Properties Listing ID Address

City

County

6275937 000 Wood RD Idaho Springs Clear Creek 8687270 2060 Little Bear Creek Idaho Springs Clear Creek RD 7397017 316 Sawmill LN Idaho Springs Clear Creek 8553888 90 Long RD Idaho Springs Clear Creek 5055805 1190 Squaw MountainIdaho Springs Clear Creek TRL 2528704 TBD2 Little Bear Creek Idaho Springs Clear Creek RD 7645857 TBD1 Little Bear Creek Idaho Springs Clear Creek RDS Count: 7

List

Subtype

Acres

Lot SqFt

Unimproved Land Unimproved Land

0.430 0.470

18,731 20,473

03/05/22 $116,047 05/18/22 $112,766

$2.66 $2.59

89 61

49,900 53,000

49,900 53,000

Unimproved Land Unimproved Land Unimproved Land

0.510 1.340 5.000

22,216 58,370 217,800

06/18/22 $164,706 05/06/22 $93,209 04/27/22 $76,000

$3.78 $2.14 $1.74

30 73 82

84,000 124,900 380,000

84,000 124,900 380,000

Unimproved Land

81.000

3,528,360

06/04/22 $6,667

$0.15

44

540,000

540,000

Unimproved Land

30.910

1,346,440

06/04/22 $18,117

$0.42

44

560,000

560,000

Averages:

17.094

744,627

$83,930

$1.93

60

$255,971

$255,971

List Price:

High $560,000

Low

PPA

$49,900

PSF Lot

DIM Orig Price

List Price

Median $124,900

Pending Properties Listing ID Address

City

County

6698280 Lots 1-3 Old Glory RDIdaho Springs

Clear Creek

Count: 1

Subtype

Acres

Lot SqFt

Pending

Unimproved Land

5.010

218,236

Averages:

5.010

218,236

04/11/22 $45,888 $45,888

List Price:

High $229,900

Low

PPA

$229,900

PSF Lot

$1.05 $1.05

DIM Orig Price

62 62

List Price

229,900

229,900

$229,900

$229,900

Median $229,900

Closed Properties Listing ID Address

1811252 100 Bluebell LN

City

County

Idaho Springs

Clear Creek

Count: 1

Subtype

Acres

Lot SqFt

Unimproved Land

1.050

45,738

Averages:

1.050

45,738

Closed Price:

Report Totals Presented By: Tennille Johnson Generated on: 07/18/2022

Count : 9

Averages:

High $41,000 Acres 13.969

Close

07/08/22 $39,048 $39,048 Low

Lot Sqft 608,485

PPA

$41,000 PPA $74,716

All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com

PSF Lot

$0.90 $0.90

DIM Orig Price

7 7

List Price Close Price

CP/OLP

42,000

42,000

$ 41,000

98%

$42,000

$42,000

$41,000

98%

Median $41,000 PSF Lot $1.71

Orig Price $229,300

List Price Close Price $229,300 $41,000

CP/OLP 98 %

CMA 1-Line Page 1 of 1


at Keller Williams Integrity

INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐

Fair market value attracts buyers, overpricing never does. The first two weeks of marketing are crucial. The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area. Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake. Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.


ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents. With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks. If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price. Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage. The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value. Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.


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