Market Analysis for Cliff and Sue Lang

Page 1

at Keller Williams Integrity


Single-Family Homes

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

Black Hawk, CO

This week the median list price for Black Hawk, CO is $675,000 with the market action index hovering around 50. This is less than last month's market action index of 58. Inventory has increased to 29.

Real-Time Market Profile Median List Price

$675,000

Market Action Index

Median Price of New Listings

$799,500

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

Per Square Foot

$331

Average Days on Market

32

Median Days on Market

28

Price Decreased

48%

Price Increased

0%

Relisted

3%

Inventory

29

Median Rent

$2,200

Market Action

50

inventory. 50

40

Buyer's Market

60

20

80

10

on

90

50

100

ay Tod th

Las t

M

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.

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

$1,250,000

4,534

2.5 - 5 acres

4

4

19

1

0

49

$799,000

2,936

1 - 2.5 acres

3

3

22

4

2

0

$629,000

2,024

1 - 2.5 acres

3

2

37

2

0

14

$549,499

1,292

1 - 2.5 acres

3

2

37

1

2

31

Mon Jul 18 2022

2 of 6


Single-Family Homes

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

Black Hawk, 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. $1.2M

$1.0M

$800K

$600K

$400K

$200K 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

Most of the market segments are showing price weakness lately. Notice however, that Quartile 4 at the low-end of the market is still on an up-trend. Often this condition happens in markets where demand has fallen (for example, due to micro-location variables) but supply is still relatively short. Buyers are focusing on the lowest price homes in the area. $2.0M

$1.5M

$1.0M

$500K

$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

Black Hawk, 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. $400

$350

$300

$250

$200 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. 50

40

30

20

10

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

Black Hawk, CO

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 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

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. 125

100

75

50

25

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

Black Hawk, 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 15 or so days. Watch the 90-day DOM trend for signals of a changing market. 250

200

150

100

50

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. 400

300

200

100

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


R013121, CO, Gilpin County APN: R013121

Active Listing

CLIP: 2907540215

Beds N/A

Full Baths N/A

Half Baths N/A

MLS List Price $240,000

Bldg Sq Ft N/A

Lot Sq Ft 858,568

Yr Built N/A

Type RES ACG

MLS List Date 06/24/2022

OWNER INFORMATION

Owner Name

Lucky 21 Investment LLC

Mailing Zip

80202

Mailing Address

1125 17th St #450

Mailing ZIP 4

2429

Mailing City & State

Denver, CO

Mailing Carrier Route

C037

School District

Boulder Valley Re 2

Township

02S

Elementary School

Nederland Jr/Sr

Range

72W

Middle School

Nederland Jr/Sr

Section

18

High School

Nederland Md/Sr

Lot

21

Subdivision

Roosevelt Ridge Exemption Filing 2

LOCATION INFORMATION

TAX INFORMATION

PIN

R013121

Tax District

058

Alternate PIN

1711-182-00-023

Tax Appraisal Area

058

Schedule Number

R013121

Legal Description

S: 18 T: 2S R: 72W SUBD: ROOSE VELT RIDGE EXEMPTION PLAT FI LING 2 LOT: 021 CREATED BY SB E 07-01 RECPT #132632 REVISED RECPT #132671 FORMERLY ROO SEVELT RIDGE PARCEL "A" REC PT #127422

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$145,000

$135,000

$135,000

Market Value - Total

$145,000

$135,000

$135,000

Assessed Value - Land

$42,050

$39,150

$39,150

Assessed Value - Total

$42,050

$39,150

$39,150

YOY Assessed Change (%)

7.41%

0%

YOY Assessed Change ($)

$2,900

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,575

2020

$2,744

$168

6.54%

2021

$2,931

$187

6.8%

CHARACTERISTICS

Lot Acres

19.71

Land Use - County

Vacant Res Land

Lot Sq Ft

858,568

Land Use - CoreLogic

Residential Acreage

SELL SCORE

Value As Of

2022-07-17 04:41:43

LISTING INFORMATION

MLS Listing Id

4947558

MLS Current Price

$240,000

MLS Days On Market

25

MLS Original List Price

$240,000

MLS Source

REcolorado

MLS Listing Contract Date

06/24/2022

MLS Status

Active

MLS List Office Name

RE/MAX ALLIANCE - NEDERLAND

MLS Status Change Date

06/24/2022

MLS List Agent Full Name

049955-Jackie Jones

MLS Listing #

Ir969227

MLS Source History

IRES

MLS Status

Active

MLS Listing Price

$240,000

MLS Orig Listing Price

$240,000

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 Date

06/23/2022

LAST MARKET SALE & SALES HISTORY

Sale Date

11/01/2007

Deed Type

Warranty Deed

Sale Price

$300,000

Owner Name

Lucky 21 Investment LLC

Document Number

135088

Seller

Lone Pine Real Estate LLC

Sale Date

11/01/2007

Sale Price

$300,000

Buyer

Lucky 21 Investments LLC

Seller

Lone Pine Real Estate LLC

Document Number

135088

Document Type

Warranty Deed

MORTGAGE HISTORY

Mortgage Date

03/12/2018

11/19/2007

Mortgage Amount

$951,800

$285,000

Mortgage Lender

Citywide Banks

Jp Morgan Chase Bk

Borrower

Lucky 21 Investments LLC

Lucky 21 Investments LLC

Mortgage Type

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Mortgage Int Rate

6.625

Mortgage Int Rate Type

Adjustable Int Rate Loan

Mortgage Term

30

Mortgage Term

Years

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

000 Severance, Black Hawk, CO 80422 Listing Id: 6320145 Status: Active 06/02/22 Price: $240,000 1 Subtype: Unimproved Land Acres: 2.23 Show #:

038 Severance, Black Hawk, CO 80422 Listing Id: 7255219 Status: Active 06/02/22 Price: $80,000 3 Subtype: Unimproved Land Acres: 0.75 Show #:

037 Severance, Black Hawk, CO 80422 Listing Id: 1844978 Status: Active 06/02/22 Price: $80,000 5 Subtype: Unimproved Land Acres: 0.80 Show #:

Roosevelt Ridge, Black Hawk, CO 80422 Listing Id: 4947558 Status: Active 06/24/22 Price: $240,000 Subtype: Unimproved Land 2 Acres: 19.71 Show #: 303-573-7469

039 Severance, Black Hawk, CO 80422 Listing Id: 4939895 Status: Active 06/02/22 Price: $80,000 Subtype: Unimproved Land 4 Acres: 0.68 Show #:

741 Mountain Meadows Drive, Black Hawk, CO 80422 Listing Id: IR969721 Status: Pending 07/09/22 Price: $109,000 Subtype: Unimproved Land 6 Acres: 1.92 Show #: 800-746-9464


250 Dory Lakes Drive, Black Hawk, CO 80422 Listing Id: 4682201 Status: Pending 07/08/22 Price: $100,000 7 Subtype: Unimproved Land Acres: 1.04 Show #: 3039181324

Sandau Lane, Black Hawk, CO 80422 Listing Id: 1807772 Status: Closed 03/25/22 Price: $120,000 9 Subtype: Unimproved Land Acres: 0.99 Show #:

Roosevelt Ridge Lot 4, Black Hawk, CO 80422 Listing Id: 6438789 Status: Closed 03/09/22 Price: $199,000 Subtype: Unimproved Land 8 Acres: 20.18 Show #: 303-573-7469

268 Long Trail Road, Black Hawk, Listing Id: Status: Price: Subtype: 10 Acres: Show #:

CO 80422 9230888 Closed 03/21/22 $57,000 Unimproved Land 0.53


Broker 1 Page 000 Severance, Black Hawk, CO 80422 (Status: Active, Listing ID: 6320145) County: Gilpin List Price: $240,000 Property Type: Land Original List Price: $240,000 Property Subtype: Unimproved Land Subdivision Name: Severance Lodge Listing Contract Date: 06/02/2022 Spec. Listing Cond: None Known Days In MLS: 46 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $250.00 Tax Annual Amt: $1,116 Tax Year: 2021 Tax Legal Desc: S: 6 T: 2S R: 72W SUBD: SEVERANCE LODGE LOT: 039 Site & Location Information 2.23 Acres / 97,139 SqFt Fencing:

Lot Size: Lot Size Dimensions: Lot Features: Level, Many Trees, Mountainous, Sloped Other Equipment: Exclusions: None

View:

Mountain(s)

School District: Boulder Valley RE 2 Parcel Number: R011524 Is Incorporated: Zoning: Res Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Well Sewer: Septic Tank Well Type: Not Drilled Well Usage: Issued Well Permit #'s: Utilities: Electricity Available Electric: Association Information Assoc 1 Fee/Frequency:$250.00 Annually Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Restriction Covenants: Public Remarks Rare opportunity in Gilpin County. Build your dream home on these 3 wonderful lots. You are just steps away from Roosevelt National Forest where you can hike to the Continental Divide. Great privacy with easy access to the highway & only 7 mi to Nederland or 12 mi to Black Hawk. Golden Gate State Park & Eldora Ski Resort are also just minutes away. 40 minutes to Boulder and about an hour to Denver... Confidential Information Private Remarks: This is for 3 lots purchased together. 039 Severance, 038 Severance & 037 Severance. Combined they are 2.23 acres. Buyer will have to install Well & Septic. Electrical is at the street. HOA is for road maintenance/plowing only and only applies to owners with completed homes. Does not apply for vacant land. See supplements for survey. Buyers and buyers agents must do their own due diligence on Gilp Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Closing/DOD Contract Min Earnest: $5,000 Listing Terms: Cash, Conventional Title Company: Homestead Title Ownership: Individual

List Agent: Corey Martin List Office: Madlom Real Estate Email: corey@martinhomegroup.com Co List Agent: Brian McClain Co List Office: Madlom Real Estate Email:

Showing Information List Agent Phone: 720-350-3363 Mobile: 720-350-3363 Phone: 303-981-9531 Mobile: 303-981-9531

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

Generated on: 07/18/2022 4:21:27 PM


Full Property View

000 Severance, Black Hawk, CO 80422

----

$240,000 - Active


038 Severance, Black Hawk, CO 80422 (Status: Active, Listing ID: 7255219) County: Gilpin List Price: $80,000 Property Type: Land Original List Price: $80,000 Property Subtype: Unimproved Land Subdivision Name: Severance Lodge Listing Contract Date: 06/02/2022 Spec. Listing Cond: None Known Days In MLS: 46 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $250.00 Tax Annual Amt: $1,116 Tax Year: 2021 Tax Legal Desc: S: 6 T: 2S R: 72W SUBD: SEVERANCE LODGE LOT: 038 Site & Location Information 0.75 Acres / 32,670 SqFt Fencing:

Lot Size: Lot Size Dimensions: Lot Features: Level, Many Trees, Mountainous Exclusions: None

School District: Boulder Valley RE 2 Parcel Number: R002159 Is Incorporated: Zoning: Res Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Well Sewer: Septic Tank Well Type: Not Drilled Well Usage: Issued Well Permit #'s: Utilities: Electricity Available Electric: Association Information Assoc 1 Fee/Frequency:$250.00 Annually Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Restriction Covenants: Public Remarks Rare opportunity in Gilpin County. Build your dream home on lot #38. You are just steps away from Roosevelt National Forest where you can hike to the Continental Divide. Great privacy with easy access to the highway & only 7 mi to Nederland or 12 mi to Black Hawk. Golden Gate State Park & Eldora Ski Resort are also just minutes away. 40 minutes to Boulder and about an hour to Denver, this really i... Confidential Information Private Remarks: Buyer will have to install well and septic. Electricity is at the street. You would need to do propane no gas. See supplements for survey. Seller is selling all three lots if you are interested. 039 Severance, 038 Severance & 037 Severance. HOA is for road maintenance/plowing only and only applies to owners with completed homes. Does not apply for vacant land. Please contact either Brian or Core Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Closing/DOD Contract Min Earnest: $2,000 Listing Terms: Cash, Conventional Title Company: Homestead Title Ownership: Individual Showing Information Showing Instructions:

Feel free to walk the property. Please respect neighbors property and don't trespass on their property. List Agent List Agent: Corey Martin Phone: 720-350-3363 List Office: Madlom Real Estate Mobile: 720-350-3363 Email: corey@martinhomegroup.com Co List Agent: Brian McClain Co List Office: Madlom Real Estate Email:

Phone: 303-981-9531 Mobile: 303-981-9531

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

Generated on: 07/18/2022 4:21:27 PM


038 Severance, Black Hawk, CO 80422

----

$80,000 - Active


039 Severance, Black Hawk, CO 80422 (Status: Active, Listing ID: 4939895) County: Gilpin List Price: $80,000 Property Type: Land Original List Price: $80,000 Property Subtype: Unimproved Land Subdivision Name: Severance Lodge Listing Contract Date: 06/02/2022 Spec. Listing Cond: None Known Days In MLS: 46 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $250.00 Tax Annual Amt: $1,116 Tax Year: 2021 Tax Legal Desc: S: 6 T: 2S R: 72W SUBD: SEVERANCE LODGE LOT: 039 Site & Location Information 0.68 Acres / 29,621 SqFt Fencing:

Lot Size: Lot Size Dimensions: Lot Features: Level, Many Trees, Mountainous Other Equipment: Exclusions: None

View:

Mountain(s)

School District: Boulder Valley RE 2 Parcel Number: R011524 Is Incorporated: Zoning: Res 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, Propane Electric: Association Information Assoc 1 Fee/Frequency:$250.00 Annually Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Restriction Covenants: Public Remarks Rare opportunity in Gilpin County. Build your dream home on lot #39. You are just steps away from Roosevelt National Forest where you can hike to the Continental Divide. Great privacy with easy access to the highway & only 7 mi to Nederland or 12 mi to Black Hawk. Golden Gate State Park & Eldora Ski Resort are also just minutes away. 40 minutes to Boulder and about an hour to Denver, this really i... Confidential Information Private Remarks: Buyer will have to install well and septic. Electric is at the street. You would need to do propane no gas. See supplements for survey. Seller is selling all three lots if you are interested. 039 Severance, 038 Severance & 037 Severance. HOA is for road maintenance/plowing only and only applies to owners with completed homes. Does not apply for vacant land. Please contact either Brian or Corey Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Closing/DOD Contract Min Earnest: $2,000 Listing Terms: Cash, Conventional Title Company: Homestead Title Ownership: Individual Showing Information Showing Instructions:

Feel free to walk the property. Please respect neighbors property List Agent List Agent: Corey Martin Phone: 720-350-3363 List Office: Madlom Real Estate Mobile: 720-350-3363 Email: corey@martinhomegroup.com Co List Agent: Brian McClain Co List Office: Madlom Real Estate Email:

Phone: 303-981-9531 Mobile: 303-981-9531

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

Generated on: 07/18/2022 4:21:27 PM


039 Severance, Black Hawk, CO 80422

----

$80,000 - Active


037 Severance, Black Hawk, CO 80422 (Status: Active, Listing ID: 1844978) County: Gilpin List Price: $80,000 Property Type: Land Original List Price: $80,000 Property Subtype: Unimproved Land Subdivision Name: Severance Lodge Listing Contract Date: 06/02/2022 Spec. Listing Cond: None Known Days In MLS: 46 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $250.00 Tax Annual Amt: $1,116 Tax Year: 2021 Tax Legal Desc: S: 6 T: 2S R: 72W SUBD: SEVERANCE LODGE LOT: 037 Site & Location Information 0.80 Acres / 34,848 SqFt Fencing:

Lot Size: Lot Size Dimensions: Other Equipment: Exclusions: None

View:

Mountain(s)

School District: Boulder Valley RE 2 Parcel Number: R002160 Is Incorporated: Zoning: Res Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Well Sewer: Septic Tank Well Type: Not Drilled Well Usage: Issued Well Permit #'s: Utilities: Electricity Available, Propane Electric: Association Information Assoc 1 Fee/Frequency:$250.00 Annually Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Restriction Covenants: Public Remarks Rare opportunity in Gilpin County. Build your dream home on lot #37. You are just steps away from Roosevelt National Forest where you can hike to the Continental Divide. Great privacy with easy access to the highway & only 7 mi to Nederland or 12 mi to Black Hawk. Golden Gate State Park & Eldora Ski Resort are also just minutes away. 40 minutes to Boulder and about an hour to Denver, this really i... Confidential Information Private Remarks: Buyer will have to install well and septic. Electricity is at the street. You would need to do propane no gas. See supplements for survey. Seller is selling all three lots if you are interested. 039 Severance, 038 Severance & 037 Severance. HOA is for road maintenance/plowing only and only applies to owners with completed homes. Does not apply for vacant land. Buyers to due their own due diligen Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8% Contract Earnest Check To: Homestead Title Possession: Closing/DOD Contract Min Earnest: $2,000 Listing Terms: Cash, Conventional Title Company: Homestead Title Ownership: Individual Showing Information Showing Instructions:

Feel free to walk the property. Do not trespass on neighbors property List Agent List Agent: Corey Martin Phone: 720-350-3363 List Office: Madlom Real Estate Mobile: 720-350-3363 Email: corey@martinhomegroup.com Co List Agent: Brian McClain Co List Office: Madlom Real Estate Email:

Phone: 303-981-9531 Mobile: 303-981-9531

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

Generated on: 07/18/2022 4:21:27 PM


037 Severance, Black Hawk, CO 80422

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$80,000 - Active


741 Mountain Meadows Drive, Black Hawk, CO 80422 (Status: Pending B/U, Listing ID: IR969721) County: Gilpin List Price: $109,000 Property Type: Land Original List Price: $109,000 Property Subtype: Unimproved Land Subdivision Name: Wheelers Lot Listing Contract Date: 06/29/2022 Spec. Listing Cond: Purchase Contract Date: 07/09/2022 Contingency: Accepting Backup Offers: Yes Days In MLS: 20 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $505 Tax Year: 2021 Tax Legal Desc: S: 8 T: 2S R: 72W SUBD: WHEELERS LOT: 049A A TRACT OF LAND CREATED BY BLE 9949 DESC 684/176 FORMERLY KNOWN AS LOTS 49 & 50 Site & Location Information 1.92 Acres / 83,635 SqFt Fencing:

Lot Size: Lot Size Dimensions: Lot Features: Level Waterfront Feat: Road Surf/Front: Public Road Horse: Yes Other Equipment: Is Incorporated: Water Tap Paid: Utilities: Sewer Tap:

Zoning: RS No Water Tap Fee: Electricity Available, Natural Gas Available No Sewer Tap Fee:

Vegetation: Wooded Road Responsibility: Public Maintained Road Ski Features: View: Mountain(s) School District: Boulder Valley RE 2 Parcel Number: R008196 Zoning Jurisdiction: Water & Utilities Water/Mineral Rights: Electric:

Public Remarks Build your dream mountain home on this 1.92 acre lot located in Gilpin County! This south-facing & FLAT lot offers usable acreage with potential views of Golden Gate State Park. Beautiful, mature forested land that offers great privacy & few neighbors. Conveniently located close to Golden Gate State Park, Nederland, Black Hawk/Central City & Eldora Ski Resort, this is the perfect place to launch a... Confidential Information Private Remarks: Please set a showing before going to view the property. POF required with all offers. Special warranty deed only. See Contract Prep Form before submitting an Offer (See Docs). ILC is available in Docs. Buyer Agency Comp: 2.80% Dual Variable: Submitted Prosp: No Transaction Broker Comp: 2.50% Contract Earnest Check To: Mountain Land Title Possession: Closing/DOD Contract Min Earnest: $5,500 Listing Terms: Cash, Conventional Title Company: Ownership: Individual Showing Information Showing Contact Phone:

800-746-9464

List Agent: Catherine Camp List Office: RE/MAX Alliance-Nederland Email:

Show Email:

No Showings Until: List Agent Phone: 303-748-5023 Mobile: 303-748-5023

catherine@catherinecamp.com Not intended for public use. All data deemed reliable but not guaranteed. © IRES LLC 2022.

Generated on: 07/18/2022 4:21:27 PM


741 Mountain Meadows Drive, Black Hawk, CO 80422

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$109,000 - Pending

Adjacent 1.95 acres + cabin is also for sale $409,000 MLS# 969683


250 Dory Lakes Drive Lot 17, Black Hawk, CO 80422 (Status: Pending, Listing ID: 4682201) County: Gilpin List Price: $100,000 Property Type: Land Original List Price: $100,000 Property Subtype: Unimproved Land Subdivision Name: Dory Lakes Listing Contract Date: 06/09/2022 Spec. Listing Cond: None Known Purchase Contract Date: 07/08/2022 Contingency: None Known Accepting Backup Offers: No Days In MLS: 29 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $75.00 Tax Annual Amt: $365 Tax Year: 2021 Tax Legal Desc: S: 29 T: 2S R: 72W SUBD: DORY LAKES FILING #2 AMENDED LOT: 017 Site & Location Information Lot Size: 1.04 Acres / 45,302 SqFt Fencing: None Lot Size Dimensions: 150x320 Lot Features: Greenbelt, Level, Many Trees, Meadow 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: Meadow, Mountain(s), Water Exclusions: None School District: Gilpin RE-1 Parcel Number: R005830 Is Incorporated: Yes Zoning: Residential 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, Internet Access Electric: 110V, 220 Volts (Wired), Natural Gas Available, Phone Available Association Information Assoc 1 Fee/Frequency:$75.00 Annually Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Snow Removal Assoc Amenities: Park, Playground, Pond Seasonal Restriction Covenants: No Street Parking Public Remarks Rare opportunity in the heart of Gilpin County. Enjoy a fairly flat 1.04 acers in Dory Lakes. With amazing views of The park and green belt that's full of wildlife. Quick and easy access to Hwy 119. Property is forested and ready for you dream home to be built. There is a overgrown driveway that makes your building and excavation a lot easier. Property is located on the back of the subdivision w... Confidential Information Private Remarks: Listing agent is a CTM agent. Buyer is responsible for survey. Buyer to preform all due diligence with county and building department. **No escalation clauses or early sign bonuses will be accepted.** 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 4:21:27 PM


250 Dory Lakes Drive, Black Hawk, CO 80422

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$100,000 - Pending


Roosevelt Ridge Lot 4 Lot 4, Black Hawk, CO 80422 (Status: Closed, Listing ID: 6438789) Close Price: $199,000 County: Gilpin List Price: $199,000 Property Type: Land Original List Price: $199,000 Property Subtype: Unimproved Land Subdivision Name: Roosevelt Ridge Rural Dev Exempt Ph l Listing Contract Date: 06/18/2021 Spec. Listing Cond: None Known Purchase Contract Date: 02/01/2022 Contingency: None Known Close Date: 03/09/2022 Days In MLS: 228 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $1,800.00 Tax Annual Amt: $2,575 Tax Year: 2019 Tax Legal Desc: S: 18 T: 2S R: 72W SUBD: ROOSEVELT RIDGE RURAL DEV EXEMPT PHASE LOT: 004 CREATED BY SBE 05-01 RECPT #127419 AMENDED SBE 05-01A RECPT #127422 Site & Location Information 20.18 Acres / 879,041 SqFt Fencing: None

Lot Size: Lot Size Dimensions: Lot Features: Borders National Forest, Borders Public Land, Foothills, Many Trees, Mountainous, Near Ski Area, Rock Outcropping, Secluded, Sloped Waterfront Feat: Vegetation: Aspen, Grassed, Mixed, Natural State, Pine Road Surf/Front: Dirt/Easement, Private Road, Year Road Responsibility: Road Maintenance Agreement Round Horse: Yes Ski Features: Other Equipment: View: Mountain(s), Ski Area, Valley Exclusions: none School District: Boulder Valley RE 2 Parcel Number: 171118400004 Is Incorporated: No Zoning: VACANT RES LAND Zoning Jurisdiction: County Water & Utilities Water Included: No Water Source: Sewer: Well Type: Not Drilled Well Usage: Issued Well Permit #'s: Utilities: Electricity Available Electric: Association Information Assoc 1 Fee/Frequency:$450.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Road Maintenance, Snow Removal Assoc Amenities: Restriction Covenants: Public Remarks Walk out your back door into the Roosevelt National Forest!! This gorgeous 20 acre lot is very secluded and borders the Roosevelt National Forest. The neighborhood is subject to conservation easements and a 2 acre build site is specified for this property. The build site is full of mature aspen trees and is well sheltered but also has amazing views. The neighborhood is a private gated communit... Confidential Information Private Remarks: All visitors must be accompanied by a licensed broker. Please utilize a mapping app, such as onX Hunt or Gaia GPS to make sure that you stay on the lot. Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Amanda DiVito Parle List Office: RE/MAX ALLIANCE Email: amanda@amandadivito.com Co List Agent: The DiVito Dream Makers Co List Office: RE/MAX ALLIANCE Email:

amanda@amandadivito.com

Buyer Agent: Wendy Williams Buyer Office: Indian Peaks Real Estate Services Llc Email:

wendy@indianpeaksre.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-456-2117 Mobile: 303-877-7371 Phone: 303-456-2111 Mobile: Buyer Agent Phone: 303-258-0656 Mobile: 720-201-2752 Close Information

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

Generated on: 07/18/2022 4:21:28 PM


Roosevelt Ridge Lot 4, Black Hawk, CO 80422

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$199,000 - Closed


Sandau Lane Lot 22, Black Hawk, CO 80422 (Status: Closed, Listing ID: 1807772) County: Gilpin Property Type: Land Property Subtype: Unimproved Land Subdivision Name: Quien Sabe Listing Contract Date: 02/02/2022 Purchase Contract Date: 02/22/2022 Close Date: 03/25/2022 Days In MLS: 20 Association: N Multiple: N Cov/Rest: N Tax Annual Amt: $589 Tax Legal Desc: S: 8 T: 2S R: 72W SUBD: QUIEN Site & Location Information 0.99 Acres / 43,124 SqFt Fencing:

Lot Size: Lot Size Dimensions: Lot Features: Level, Rock Outcropping, Sloped Road Surf/Front: Dirt Other Equipment: Exclusions: None

Close Price: List Price: Original List Price:

$120,000 $125,000 $125,000

Spec. Listing Cond: None Known Contingency: None Known Assoc Fee Tot Annl: $0.00 Tax Year: 2020 SABE #1 LOT: 022

Road Responsibility: Public Maintained Road View: Mountain(s)

School District: Boulder Valley RE 2 Parcel Number: R004787 Is Incorporated: No Zoning: RES Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Sewer: Well Type: Not Drilled Well Usage: Issued Well Permit #'s: Public Remarks This lovely property has lots of southern exposure, majestic rock outcrops and potential for views. Level to sloping. High-speed fiber-optic internet is in the area and can be connected. Live where you play for hiking, biking, snowshoeing and skiing. 15 minutes to Nederland - Easy 40 mins to Boulder or Golden - 20 minutes to Eldora Mtn Ski Resort. Well and septic are needed. Confidential Information Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Janet Ingvaldsen List Office: Compass Colorado, LLC - Boulder Email:

Janet.LoveWhereYouLive@gmail.com

Buyer Agent: Janet Ingvaldsen Buyer Office: Compass Colorado, LLC - Boulder Email:

Janet.LoveWhereYouLive@gmail.com

Concessions: No Buyer Financing: Cash

List Agent Phone: 303-642-2222 Mobile: 720-600-9006 Buyer Agent Phone: 303-642-2222 Mobile: 720-600-9006 Close Information

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

Generated on: 07/18/2022 4:21:28 PM


Sandau Lane, Black Hawk, CO 80422

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$120,000 - Closed


268 Long Trail Road Lot 017, Black Hawk, CO 80422 (Status: Closed, Listing ID: 9230888) Close Price: $57,000 County: Gilpin List Price: $65,000 Property Type: Land Original List Price: $65,000 Property Subtype: Unimproved Land Subdivision Name: BUN-GUN ZHING-WAK Listing Contract Date: 09/20/2021 Spec. Listing Cond: None Known Purchase Contract Date: 09/24/2021 Contingency: None Known Close Date: 03/21/2022 Days In MLS: 4 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $711 Tax Year: 2020 Tax Legal Desc: S: 17 T: 2S R: 72W SUBD: BUN-GUN ZHING-WAK LOT: 017 TAX SALE CERT: 6511 TAX YEAR: 2015, TAX SALE CERT: 6609 TAX YEAR: 2016 Site & Location Information 0.53 Acres / 23,087 SqFt Fencing:

Lot Size: Lot Size Dimensions: Lot Features: Level, Many Trees Road Surf/Front: Dirt/Public Road Exclusions: N/A

Road Responsibility:

School District: Boulder Valley RE 2 Parcel Number: R006218 Is Incorporated: Zoning: Residential Zoning Jurisdiction: Water & Utilities Water Included: No Water Source: Sewer: Water Tap Paid: Water Tap Fee: Water/Mineral Rights: Seller Retains Mineral Rights Public Remarks One of the last buildable lot in the secluded and quiet subdivision in Black Hawk. A few outbuildings/shed on the property. Buyer to obtain all needed information about permit, zoning, types of home to build, setbacks... directly from the City or County. seller's agent cannot provide more details on the lot. The 5th wheel will be removed before closing. Confidential Information Private Remarks: Agent is related to owner. Buyer Agency Comp: 4.0% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 4.0% List Agent: Claudia Velasco-Attard List Office: Welcome to Realty LLC Email: info@welcometorealty.com Buyer Agent: Tony Thorpe Buyer Office: Crocker Realty, LLC Email: tony@crockerrealty.com Concessions: No Buyer Financing: Cash

List Agent Phone: 970-213-2024 Mobile: Buyer Agent Phone: 720-552-2127 Mobile: 720-552-2127 Close Information

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

Generated on: 07/18/2022 4:21:28 PM


268 Long Trail Road, Black Hawk, CO 80422

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$57,000 - 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 3.00 mi of

Roosevelt Ridge, Colorado 80422, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 12 Properties have been discarded.

Land Active Properties Listing ID Address

7255219 4939895 1844978 6320145

038 Severance 039 Severance 037 Severance 000 Severance

City

County

Black Hawk Black Hawk Black Hawk Black Hawk

Gilpin Gilpin Gilpin Gilpin

Count: 4

Subtype

Acres

Lot SqFt

Unimproved Land Unimproved Land Unimproved Land Unimproved Land

0.750 0.680 0.800 2.230

32,670 29,621 34,848 97,139

Averages:

1.115

48,569

List Price:

High $240,000

List

06/02/22 06/02/22 06/02/22 06/02/22

Low

PPA

$106,667 $117,647 $100,000 $107,623 $107,984

$80,000

PSF Lot

$2.45 $2.70 $2.30 $2.47 $2.48

DIM Orig Price

46 46 46 46 46

List Price

80,000 80,000 80,000 240,000

80,000 80,000 80,000 240,000

$120,000

$120,000

DIM Orig Price

List Price

Median $80,000

Pending Properties Listing ID Address

City

County

4682201 250 Dory Lakes DR Black Hawk Gilpin IR969721 741 Mountain Black Hawk Gilpin Meadows DR Count: 2

Pending

Subtype

Acres

Lot SqFt

Unimproved Land Unimproved Land

1.040 1.920

45,302 83,635

07/08/22 $96,154 07/09/22 $56,771

$2.21 $1.30

29 20

100,000 109,000

100,000 109,000

Averages:

1.480

64,469

$76,462

$1.76

25

$104,500

$104,500

List Price:

High $109,000

Low

PPA

$100,000

PSF Lot

Median $104,500

Closed Properties Listing ID Address

City

County

9230888 268 Long Trail RD Black Hawk 1807772 Sandau LN Black Hawk 6438789 Roosevelt Ridge Lot 4Black Hawk

Gilpin Gilpin Gilpin

Count: 3

Subtype

Unimproved Land Unimproved Land Unimproved Land Averages: Closed Price:

Report Totals

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

Count : 9

Averages:

Acres

Lot SqFt

0.530 0.990 20.180

23,087 43,124 879,041

7.233

315,084

High $199,000 Acres 3.236

Close

03/21/22 $107,547 03/25/22 $121,212 03/09/22 $9,861 $79,540 Low

Lot Sqft 140,941

PPA

$57,000 PPA $91,498

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

PSF Lot

DIM Orig Price

$2.47 $2.78 $0.23

4 65,000 20 125,000 228 199,000 84 $129,667

$1.83

List Price Close Price

CP/OLP

65,000 125,000 199,000

$ 57,000 $ 120,000 $ 199,000

88% 96% 100%

$129,667

$125,333

95%

Median $120,000 PSF Lot $2.10

Orig Price $119,778

List Price Close Price $119,778 $125,333

CP/OLP 95 %

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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