at Keller Williams Integrity
MarkComparativeetAnalysis 1780 West Burlington Place, Denver, Colorado 80221 Oscar & Alma SEPTEMBER 8, 2022 Scott Brasfield The Bartic Group at Keller Williams Integrity
The Bartic Group at Keller Williams Integrity 50 S. Steele St. Denver CO 80209
scott@thebar720-520-3113ticgroup.com
Scott Brasfield
Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221
Scott Brasfield
3
Contact Me
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
The Bartic Group is a full service real estate agency in Denver specializing in assisting investors, individuals, and families achieve their real estate goals. Led by industry veteran Brendan Bartic, our team has fostered a culture of partnership and redefined the business of real estate. Our organization of Colorado Realtors share knowledge, spheres of influence, contacts and expertise, ensuring our clients receive better representation and a true competitive edge. As a continuous trend setter in the industry, our Denver real estate agency is ranked in the top 1% of all Keller Williams Teams Internationally. Our team of partners represent buyers, sellers, and investors in all areas of real estate. When selling your home in Colorado, we will work to get you top dollar with minimum time on the market. Our Colorado Realtors have a proven track record of presenting our clients with offers over their asking price in a matter of days! When working with buyers we use our experience and industry relationships to get you the best value possible for your dream home. Our real estate agency in Denver is a team, and we recognize and value the trust our clients place in us and strive every day to exceed their expectations.
Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221
Scott Brasfield
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
The Bartic Group at Keller Williams Integrity
4
Single-Family Homes Denver, CO Re al-Time Marke t Profile Median List Price $669,500 Median Price of New Listings $600,000 Per Square Foot $355 Average Days on Market 44 Median Days on Market 35 Price Decreased 53% Price Increased 3% Relisted 6% Inventory 958 Median Rent $2,770 Market Action 54 Strong Seller's Market The Ba rtic Grou p's Ma rk et Report www.TheBarticGroup.com This week the median list price for Denver, CO is $669,500 with the market action index hovering around 54 This is less than last month's market action index of 61. Inventory has decreased to 958 Marke t Act ion I n d e x This answers “How’s the Market?” by comparing rate of sales versus inventory Buyer'sMarket Seller'sMarket 010 20 30 40 50 60 70 80 90100Today54LastMonth Strong Seller's Market 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. Marke t Segme n ts Each segment below represents approximately 25% of the market ordered by price. Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM $1,399,990 3,480 4,500 6,500 sqft 4 4 40 30 26 35 $769,900 2,148 4,500 6,500 sqft 4 2 70 35 46 35 $590,000 1,991 6,500 8,000 sqft 3 2 65 50 34 28 $470,500 1,420 6,500 8,000 sqft 3 2 67 52 58 282 of 6Thu Sep 08 2022
Single-Family Homes Denver, CO The Ba rtic Grou p's Ma rk et Report www.TheBarticGroup.com Me d ian List Price The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 7-Day Average 90-Day Average Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan 2022 May 2022 Sep 2022 $850K$800K$750K$700K$650K$600K$550K
Segme n ts 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.
Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan 2022 May 2022 Sep 2022 $500K$0$1.0M$1.5M$2.0M$2.5M 3 of 6Thu Sep 08 2022
Price
7-Day Average 90-Day Average Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan
May
May
Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. You can investigate this condition in the quartile details. 2022 2022
Sep 2022 75050025001K1K2K 4 of 6Thu Sep 08 2022
7-Day Average 90-Day Average Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan
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. 2022 2022
Price Pe r Square Foot
Single-Family Homes Denver, CO The Ba rtic Grou p's Ma rk et Report www.TheBarticGroup.com
Sep 2022 $425$400$375$350$325$300$275
I n ve n tory
Top
Single-Family Homes Denver, CO The Ba rtic Grou p's Ma rk et Report www.TheBarticGroup.com
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. 90-Day
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.
Marke t Act ion Segme n ts
Upper 90-Day Lower 90-Day Bottom 90-Day Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan 2022 May 2022 Sep 2022 12010080604020 5 of 6Thu Sep 08 2022
Marke t Act ion I n d e x
7-Day Average 90-Day Average Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan 2022 May 2022 Sep 2022 12010080604020
Segme
Single-Family Homes Denver, CO The Ba rtic Grou p's Ma rk et Report www.TheBarticGroup.com Me d ian Days on Marke t (DO M)
for
7-Day Average 90-Day Average Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan 2022 May 2022 Sep 2022 806040200
sell
average
It to than those in
The properties have been on the market an of 32 days. Half of the listings have come newly on the market in the past 20 or so days. Watch the 90-day DOM trend for signals of a changing market.
is not uncommon for the higher priced homes in an area to take longer
n ts
the lower quartiles. Top 90-Day Upper 90-Day Lower 90-Day Bottom 90-Day Sep 2019 Jan 2020 May 2020 Sep 2020 Jan 2021 May 2021 Sep 2021 Jan 2022 May 2022 Sep 2022 1251007550250 6 of 6Thu Sep 08 2022
1780 W Burlington Pl, Denver, CO 80221-1531, Denver County APN: 2163-08-009 CLIP: 4023360963 MLS Beds 2 MLS Full Baths 1 Half Baths N/A MLS Sale Price $101,000 MLS Sale Date 05/31/2011 MLS Sq Ft 759 Lot Sq Ft 5,350 Yr Built 1948 Type SFR OWNER INFORMATION Owner Name Campos Oscar Mailing ZIP 4 1531 Mailing Address 1780 W Burlington Pl Mailing Carrier Route C006 Mailing City & State Denver, CO Owner Occupied Yes Mailing Zip 80221 LOCATION INFORMATION Property Zip 80221 Topography Flat/Level Property Zip4 1531 Neighborhood Code Zuni Park 0205 Property Carrier Route C006 Traffic Local School District Denver County 1 Township 03S Elementary School Beach Court Range 68W Middle School Bryant Webster Section 16 High School North Quarter SW Subdivision Chaffee Park Heights Block 13 Zoning E SU B Lot 9 Census Tract 2 01 TAX INFORMATION PIN 2163 08 009 % Improved 49% Schedule Number 0216308009000 Tax District DENV Legal Description CHAFFEE PARK HEIGHTS B13 L9 ASSESSMENT & TAX Assessment Year 2022 Preliminary 2021 2020 2019 Market Value Land $158,500 $158,500 $158,500 $158,500 Market Value Improved $155,200 $155,200 $155,600 $128,700 Market Value Total $313,700 $313,700 $314,100 $287,200 Assessed Value Land $11,020 $11,330 $11,330 $11,330 Assessed Value Improved $10,790 $11,100 $9,200 $9,200 Assessed Value Total $21,810 $22,430 $20,530 $20,530 YOY Assessed Change (%) 2 76% 9 25% 0% YOY Assessed Change ($) $620 $1,900 $0 Tax Year Total Tax Change ($) Change (%) 2019 $1,481 2020 $1,523 $43 2 88% 2021 $1,674 $150 9 88% CHARACTERISTICS Lot Acres 0 1228 Baths Total 1 Lot Sq Ft 5,350 MLS Total Baths 1 Land Use County Single Family Resident Baths Full 1 Land Use CoreLogic SFR Stories 1 Year Built 1948 Heat Type Warm Air Bldg Sq Ft Above Ground 759 Garage Type Detached Garage Bldg Sq Ft Total 759 Garage Capacity MLS: 2 Bldg Sq Ft Finished 759 Garage Sq Ft 400 Bldg Sq Ft 1st Floor 759 Exterior Frame # Buildings 1 Quality Average Total Rooms 4 Equipment Ls1 Bedrooms 2 FEATURES Feature Type Size/Qty Property Details Courtesy of Scott Brasfield, REcolorado Generated on:09/08/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 1/3
Borrower
Private Individual Borrower
MORTGAGE HISTORY Mortgage Date 06/16/2011 06/16/2011 01/16/2003 08/03/2001 05/24/2000 Mortgage Amount $98,439 $2,953 $152,800 $145,000 $5,000 Mortgage Lender Guild Mtg Co Colorado Hsng & Fin A uth First Magnus Fin'l Corp Wells Fargo Hm Mtg In c Campos Oscar Campos Oscar Silvera Johnny J Silveria Johnny J Silvera Johnny J Borrower Atencio Linda D Mortgage Type Fha Conventional Conventional Conventional Private Party Lender Mortgage Purpose Resale Resale Refi Refi Refi Mortgage Int Rate 4 125 Mortgage Int Rate Type Adjustable Int Rate Loa n Mortgage Term 30 30 30 30 Mortgage Term Years Years Years Years Title Company Chicago Title Co Security Title Co Mortgage Date 05/18/2000 05/10/2000 11/18/1999 Mortgage Amount $7,500 $7,645 $30,100
Property
Und Spnklr 2,000 Det Garage Frm 400 LISTING INFORMATION MLS Listing Id 987068 MLS Close Price $101,000 MLS Days On Market 22 MLS Listing Contract Date 04/13/2011 MLS Source REcolorado MLS Close Date 05/31/2011 MLS Status Closed MLS List Office Name K O REAL ESTATE MLS Status Change Date 06/01/2011 MLS List Agent Full Name 241765 Karen Frisone MLS Current Price $99,900 MLS Buyer Agent Full Name 031937 Frank Lockridge MLS Original List Price $99,900 MLS Buyer Office Name RE/MAX SOUTHEAST INC
LAST MARKET SALE & SALES HISTORY Sale Date 05/31/2011 Deed Type Special Warranty Deed Sale Price $101,000 Owner Name Campos Oscar Price per SqFt Finished $133 07 Seller Federal Natl Mtg Assn Fnma Document Number 65200 Sale Date 05/31/2011 03/21/2011 01/31/2009 05/05/1999 11/22/1994 Sale Price $101,000 $55,000 Nominal Y Y Y Buyer Campos Oscar Federal Natl Mtg Assn Fnma Atencio Silvera Linda D Silvera Johnny J Silvera Johnny J Buyer Seller Federal Natl Mtg Assn Fnma Deputy Public Te Of De nver Cnty Silvera Johnny J Silvera Johnny J Hernandez Antonio Document Number 65200 31067 11530 85963 179027 Document Type Special Warranty Deed Public Trustees Deed Quit Claim Deed Quit Claim Deed Warranty Deed Title Company Land Title Insurance C o Sale Date 10/31/1991 02/07/1990 02/01/1977 Sale Price $40,000 $15,087 $19,500 Nominal Buyer Hernandez Antonio & Silvera A Harmelink Donald E Rivera John & Lillian Buyer Hernandez Silvera A Rivera Lillian Seller Harmelink Donald E Muftic Felicia Document Number 108934 12724 1401 310 Document Type Warranty Deed Public Trustees Deed Deed (Reg) Title Company
Mortgage Lender Silvera Johnny J Johnny J Silvera Johnny J Borrower Mortgage Type Private Party Lender Private Party Lender Private Party Lender Details Courtesy of Scott Brasfield, REcolorado Generated on:09/08/22 The data within this report is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality Page 2/3
Silvera
Mortgage Purpose Refi Refi Refi Mortgage Int Rate Mortgage Int Rate Type Adjustable Int Rate Loan Mortgage Term Mortgage Term Title Company FORECLOSURE HISTORY Document Type Certificate Of Purchase Notice Of Trustee's Sale Release Of Lis Pendens/Notic e Notice Of Trustee's Sale Foreclosure Filing Date 10/13/2010 06/11/2008
Recording Date 02/28/2011 10/27/2010 10/22/2008 06/18/2008 Number 21349 123969 143862 84127 Amount $134,592 $134,592 $140,335 Doc Date 01/16/2003 01/16/2003 06/18/2008 01/16/2003 9851 9851 Scott Brasfield, REcolorado Generated on:09/08/22 data within this is compiled by CoreLogic from public and private sources The data is deemed reliable, but is not guaranteed accuracy of the data contained herein can be verified by the recipient of this report with the applicable county municipality
Original Document Number 9851
PROPERTY MAP *Lot Dimensions are Estimated Property Details Courtesy of
The
Final Judgment
report
The
or
Page 3/3
84127
Document
Original
independently
Map of Comparable Listings STATUS: S = CLOSED P = PENDING A = ACTIVE A = COMING SOON MLS # STATUS ADDRESS BEDS BATHS SQFT PRICE 1 Subject 1780 W Burlington Pl 2 1.00 7592 7916412 S 5020 Vallejo Street 2 1.00 839 $435,000 3 4880116 S 5055 Bryant Street 2 1.00 910 $500,000 4 9587371 S 5162 Bryant Street 1.00 1,016 $400,000 5 6736172 S 4980 Vallejo Street 2 1.00 847 $515,000 6 9075515 P 5085 Alcott Street 2 1.00 726 $470,000 7 4483749 A 4810 Shoshone Street 2 1.00 752 $458,900 8 2570522 A 4906 Tejon Street 2 1.00 722 $465,000 9 3366027 A 1835 W 50th Avenue 2 1.00 888 $499,900 10 8285912 A 5115 Umatilla Street 2 1.00 1,001 $510,000 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 7
A ACTIVE LISTINGS
P PENDING LISTINGS
Summary
Comparative Market Analysis 1780
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 5020 Vallejo Street 8/8/22 2 1.00 839 $435,000 $518 5055 Bryant Street 8/9/22 2 1.00 910 $500,000 $549 5162 Bryant Street 8/11/22 1.00 1,016 $400,000 $394 4980 Vallejo Street 7/20/22 2 1.00 847 $515,000 $608 Averages 903 $462,500 $517
The
Averages
of Comparable Properties S SOLD LISTINGS
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 5085 Alcott Street 2 1.00 726 $470,000 $647 726 $470,000 $647
ADDRESS SOLD DATE BEDS BATHS SQFT PRICE $/SQ.FT 4810 Shoshone Street 2 1.00 752 $458,900 $610 4906 Tejon Street 2 1.00 722 $465,000 $644 1835 W 50th Avenue 2 1.00 888 $499,900 $563 5115 Umatilla Street 2 1.00 1,001 $510,000 $509 Averages 840 $483,450 $582 West Burlington Place, Denver, Colorado 80221 Brasfield Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
Scott
8
Listings
Scott Brasfield The Bartic Group at Keller Williams Integrity
5020 Vallejo Street Denver, CO 80221 MLS #7916412 $435,000 2 Beds 1.00 Baths 839 Sq. Ft. ($518 / sqft) CLOSED 8/8/22 Year Built 1948 Days on market: 14 Details Prop Type: Single Family Residence County: Denver Subdivision: North Denver Heights Full baths: 1.0 Lot Size (sqft): 6,250 List date: 6/9/22 Sold date: 8/8/22 Off-market date: 7/14/22 Updated: Aug 8, 2022 11:18 AM List Price: $420,000 Orig list price: $420,000 Taxes: $1,678 School District: Denver 1 High: North Middle: Strive Sunnyside Elementary: Beach Court Features Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer Association Yn: false Basement: Crawl Space Building Area Source: Public Records Carport Spaces: 1 Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 10000 Construction Materials: Metal Siding Cooling: Evaporative Cooling Direction Faces: West Exterior Features: Private Yard Fencing: Full Flooring: Carpet Heating: Forced Air, Natural Gas Interior Features: Built-in Features, Ceiling Fan(s), No Stairs Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional Living Area Total: 839 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 1 Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: Lots 7 and 8, Block 3, North Denver Heights, City and County of Denver Tax Year: 2021 Virtual Tour: View Water Source: Public Window Features: Storm Window(s) Zoning: E-SU-DX Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 10
Comparative
11
Remarks Great opportunity to own this Ranch Style home that's steps from the Park & Close to Regis. Larger Fenced lot with Alley Access to Carport setup and large Utility shed. Convenient one level living space, Main Floor Laundry includes the Washer & Dryer, Spacious Living Room with Ceiling Fan and dining area. Kitchen offers Newer Refrigerator with Gas Stove. Newer Roof approximately 2017 and Hotwater Heater. Great Opportunity for Investors or First time Buyers, or just wanting to downsize. Quick Highway Access. Minutes from Downtown. Look Across the Street and Enjoy The Park! Great Location! Market Analysis 1780 West Burlington Place, Denver, Colorado 80221
Scott Brasfield
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
5020 Vallejo Street Denver, CO 80221 MLS #7916412 $435,000 2 Beds 1.00 Baths 839 Sq. Ft. ($518 / sqft) CLOSED 8/8/22 Year Built 1948 Days on market: 14 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 12
5055 Bryant Street Denver, CO 80221 MLS #4880116 $500,000 2 Beds 1.00 Baths 910 Sq. Ft. ($549 / sqft) CLOSED 8/9/22 Year Built 1942 Days on market: 5 Details Prop Type: Single Family Residence County: Denver Subdivision: Berkeley Style: Contemporary Full baths: 1.0 Lot Size (sqft): 650 List date: 7/14/22 Sold date: 8/9/22 Off-market date: 7/19/22 Updated: Aug 9, 2022 5:16 AM List Price: $500,000 Orig list price: $500,000 Taxes: $1,947 School District: Denver 1 High: North Middle: Strive Sunnyside Elementary: Beach Court Features Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer Association Yn: false Basement: Crawl Space, Partial Building Area Source: Public Records Common Walls: No Common Walls Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 12500 Construction Materials: Frame Cooling: Central Air Exterior Features: Garden, Private Yard, Rain Gutters Flooring: Carpet, Tile, Wood Heating: Forced Air Interior Features: Ceiling Fan(s), Open Floorplan, Solid Surface Counters Levels: One Listing Terms: 1031 Exchange, Cash, FHA, VA Loan Living Area Total: 910 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 2 Patio And Porch: Covered, Patio Property Condition: Updated/Remodeled Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: REGIS HEIGHTS B6 L37 & 38 Tax Year: 2021 Utilities: Cable Available, Natural Gas Connected Virtual Tour: View Water Source: Public Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 13
Remarks
14
Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221
Window Features: Double Pane Windows Zoning: E-SU-DX
Looking for a killer home in a super cool spot? This one is it and is so centrally located with Zuni park just a couple blocks away, easy access to light rail, Highlands, Lo-Hi, restaurants, coffee shops and Regis nearby. Enjoy golfing, go play a round at Willis Case Golf Course. This home will welcome you in with its gleaming hardwood floors, oversized living and dining space, cozy window seating with storage underneath and oversized windows. The full bath in this home is renovated and super cute adjacent to the two bedrooms. The bedrooms have generous windows that let in so much natural light and have updated light fixtures. The kitchen is so charming and easily could have a floating island in it, appliances are stainless steel and it features solid surface counters for low maintenance. The laundry room has the washer & dryer included and you have great storage space adjacent for a pantry or home supply storage. As you walk out on the covered patio you will enjoy how peaceful and private the back yard is with mature trees, bushes and refreshed landscaping. The shed in the back corner is perfect for storing all of your outdoor gear and yard supplies and is included with the sale. This home needs nothing and is ready for it's new owners. Come check out this cute turnkey home this weekend and if you want to have us meet you for a showing give me a call.
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
Scott Brasfield
5055 Bryant Street Denver, CO 80221 MLS #4880116 $500,000 2 Beds 1.00 Baths 910 Sq. Ft. ($549 / sqft) CLOSED 8/9/22 Year Built 1942 Days on market: 5 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 15
5162 Bryant Street Denver, CO 80221 MLS #9587371 $400,000 Beds 1.00 Baths 1,016 Sq. Ft. ($394 / sqft) CLOSED 8/11/22 Year Built 1948 Days on market: 18 Details Prop Type: Single Family Residence County: Denver Subdivision: Zuni Park Full baths: 1.0 Lot Size (sqft): 7,180 List date: 6/23/22 Sold date: 8/11/22 Off-market date: 7/26/22 Updated: Aug 27, 2022 3:53 PM List Price: $425,000 Orig list price: $489,000 Taxes: $1,636 School District: Denver 1 High: North Middle: Denver Montessori Elementary: Beach Court Features Association Yn: false Concessions: No Construction Materials: Block Cooling: None Direction Faces: West Heating: Baseboard, Hot Water Levels: One Listing Terms: Cash, Conventional Living Area Total: 1016 Lot Features: Level Main Level Bathrooms: 1 Parking Total: 2 Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: REGIS HEIGHTS B4 L8 & S 10FT OF L7 & N 22.5FT OF L9 Tax Year: 2021 Water Source: Public Zoning: E-SU-DX Remarks *Back on the Market* Terrific Find! This one won't last. Adorable three bedroom ranch home with beautiful large yard for gardening and entertaining. Newer roof and water heater. Wood Floors throughout. Close to I-70 and Regis University! Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 16
5162 Bryant Street Denver, CO 80221 MLS #9587371 Baths 1,016 Sq. Ft. ($394 / sqft) Days on market: 18 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 17
4980 Vallejo Street Denver, CO 80221 MLS #6736172 $515,000 2 Beds 1.00 Baths 847 Sq. Ft. ($608 / sqft) CLOSED 7/20/22 Year Built 1951 Days on market: 0 Details Prop Type: Single Family Residence County: Denver Subdivision: North Denver Full baths: 1.0 Lot Size (sqft): 6,250 Garages: 2 List date: 6/28/22 Sold date: 7/20/22 Off-market date: 6/28/22 Updated: Jul 20, 2022 9:44 AM List Price: $515,000 Orig list price: $515,000 Taxes: $1,912 School District: Denver 1 High: North Middle: Denver Montessori Elementary: Beach Court Features Appliances: Dishwasher, Microwave, Range, Range Hood, Refrigerator Association Yn: false Building Area Source: Public Records Concessions: No Construction Materials: Frame, Wood Siding Cooling: None Direction Faces: West Distance To Bus Numeric: 1056 Distance To Bus Units: Feet Flooring: Tile, Wood Heating: Forced Air Interior Features: Ceiling Fan(s), Kitchen Island, Quartz Counters Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 847 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 2 Patio And Porch: Covered, Front Porch, Patio Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: NORTH DENVER HEIGHTS B6 L3 & 4 Tax Year: 2021 Virtual Tour: View Zoning: E-SU-DX Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 18
Comparative Market Analysis 1780 West Burlington Place, Denver,
Scott Brasfield
19
Remarks There is everything to love about this home! If easy access to major highways, schools, light rail, and all that downtown has to offer are what you are looking for, this west-facing property will fit the bill. Inside the home you'll find a complete remodel finished with a contemporary color palette of bright whites and warm brownish grays. The kitchen is finished with soft-closed cabinets, quartz counters, custom backsplash, and a stainless steel appliance suite. Bath updated with new vanities, solid surface counters, and designer tile. All new paint, flooring, plumbing fixtures, and lighting fixtures. Mature trees, a covered patio, and 2 car detached garage round out this property. See today! Colorado
80221
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
4980 Vallejo Street Denver, CO 80221 MLS #6736172 $515,000 2 Beds 1.00 Baths 847 Sq. Ft. ($608 / sqft) CLOSED 7/20/22 Year Built 1951 Days on market: 0 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 20
5085 Alcott Street Denver, CO 80221 MLS #9075515 $470,000 2 Beds 1.00 Baths 726 Sq. Ft. ($647 / sqft) PENDING 8/20/22 Year Built 1946 Days on market: 16 Details Prop Type: Single Family Residence County: Denver Subdivision: Chaffee Park Style: Cottage Full baths: 1.0 Lot Size (sqft): 6,098 Garages: 2 List date: 8/4/22 Pending date: 8/20/22 Off-market date: 8/20/22 Updated: Aug 23, 2022 11:26 AM List Price: $470,000 Orig list price: $495,000 Taxes: $1,968 School District: Denver 1 High: North Middle: Strive Sunnyside Elementary: Beach Court Features Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator Association Yn: false Building Area Source: Public Records Common Walls: No Common Walls Construction Materials: Frame, Metal Siding Cooling: Central Air Direction Faces: West Distance To Bus Numeric: 1 Distance To Bus Units: Miles Exterior Features: Garden, Private Yard Fencing: Full Flooring: Tile, Wood Heating: Forced Air, Natural Gas Interior Features: Eat-in Kitchen, Granite Counters, No Stairs, Open Floorplan, Pantry Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 726 Lot Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Features: Concrete, Finished, Oversized, Tandem Parking Total: 2 Patio And Porch: Covered, Deck, Front Porch Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 21
Comparative Market
Remarks
Scott Brasfield
22
1780 West Burlington Place, Denver, Colorado 80221
Structure Type: House Tax Legal Description: REGIS HEIGHTS B2 L45 & 46 Tax Year: 2021 Virtual Tour: View Water Source: Public Window Features: Window Treatments Zoning: E-SU-DX
Welcome home to Chaffee Park. This adorable Denver cottage qualifies for up to $17,500 in downpayment grants from Bank of America! Sitting on an amazing lot, including a back yard oasis complete with a pergola, privacy fence, landscaped space for recreation and a dedicated area to plant your summer harvest! Ample opportunities for outdoor relaxing and enjoying those cool, Colorado evenings. Beautifully remodeled from top to bottom in 2015 with a new gourmet kitchen, new cabinets, new tile work, new stainless appliances, refinished hardwood floors, new windows and an updated full bathroom. New fence in 2016 and new roof in 2018. Updated electrical and plumbing. New furnace and central A/C in 2022. Two well-sized bedrooms, including one with private walk-out access to the back yard. Completely updated and loved throughout the years, this home is perfect for anyone ready to start building equity in Denver. Tucked next to Sunnyside and Berkeley, Chaffee Park provides easy access to i70 and the mountains or downtown for those commuting to work. If you're looking for things to do, you're close to El Jefe, Bacon Social House, all the restaurants of Sunnyside and the Highlands or the shops at Tennyson. Reach out for more info and schedule your showing today! Analysis
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
5085 Alcott Street Denver, CO 80221 MLS #9075515 $470,000 2 Beds 1.00 Baths 726 Sq. Ft. ($647 / sqft) PENDING 8/20/22 Year Built 1946 Days on market: 16 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 23
4810 Shoshone Street Denver, CO 80221 MLS #4483749 $458,900 2 Beds 1.00 Baths 752 Sq. Ft. ($610 / sqft) ACTIVE 8/25/22 Year Built 1947 Days on market: 14 Details Prop Type: Single Family Residence County: Denver Subdivision: Chaffee Park Style: Traditional Full baths: 1.0 Lot Size (sqft): 5,640 List date: 8/25/22 Updated: Aug 25, 2022 5:07 AM List Price: $458,900 Orig list price: $458,900 Taxes: $1,830 School District: Denver 1 High: North Middle: Skinner Elementary: Beach Court Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Crawl Space Building Area Source: Public Records Common Walls: No Common Walls Construction Materials: Frame, Vinyl Siding Cooling: None Distance To Bus Numeric: 3 Distance To Bus Units: Blocks Exterior Features: Private Yard Fencing: Full Flooring: Laminate, Tile Heating: Forced Air, Natural Gas Interior Features: Granite Counters, No Stairs Laundry Features: In Unit Levels: One Listing Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan Living Area Total: 752 Lot Features: Level, Near Public Transit Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 2 Patio And Porch: Patio Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: CHAFFEE PARK HEIGHTS B2 L9 Tax Year: 2021 Water Source: Public Window Features: Window Coverings Zoning: E-SU-B Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 24
Nicely updated home on generous lot w/mature trees. Large living/dining great room, two sunny bedrooms and remodeled kitchen featuring new tile, new granite countertops and professionally painted cabinets. Fully updated bathroom and main level laundry room w/exterior door so it can double as mud room (washer and dryer included). Fresh paint and wood laminate floors in living space and bedrooms. Sliding glass doors lead to new patio and fully fenced backyard w/storage shed and rear parking pad suitable. New exterior siding (summer 2022) and newer roof (2017). Popular Chaffee Park location is close to everything. Walk to grocery store and Zuni Park. Just two minutes to I-25 and I-70, and only ten minutes to downtown Denver. Even less to LoHi, Highland and Berkley restaurants and shopping. Market Analysis
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
Comparative
1780 West Burlington Place, Denver, Colorado 80221
Remarks
Scott Brasfield
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4810 Shoshone Street Denver, CO 80221 MLS #4483749 $458,900 2 Beds 1.00 Baths 752 Sq. Ft. ($610 / sqft) ACTIVE 8/25/22 Year Built 1947 Days on market: 14 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 26
4906 Tejon Street Denver, CO 80221 MLS #2570522 $465,000 2 Beds 1.00 Baths 722 Sq. Ft. ($644 / sqft) ACTIVE 8/24/22 Year Built 1947 Days on market: 3 Details Prop Type: Single Family Residence County: Denver Subdivision: Chaffee Park Style: Contemporary Full baths: 1.0 Lot Size (sqft): 5,662 Garages: 1 List date: 8/24/22 Updated: Aug 27, 2022 9:05 AM List Price: $465,000 Orig list price: $465,000 Taxes: $1,812 School District: Denver 1 High: North Middle: Strive Sunnyside Elementary: Beach Court Features Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer Association Yn: false Construction Materials: Wood Siding Cooling: Air ConditioningRoom Exterior Features: Private Yard Fencing: Partial Flooring: Wood Heating: Baseboard, Hot Water Interior Features: Ceiling Fan(s), Granite Counters, Open Floorplan Laundry Features: In Unit Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 722 Lot Features: Level Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 1 Patio And Porch: Patio Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: CHAFFEE PARK HEIGHTS B6 L12 Tax Year: 2021 Utilities: Connected,ElectricityNatural Gas Connected Water Source: Public Window Features: Window Coverings Zoning: E-SU-B Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 27
1780 West Burlington Place, Denver, Colorado
Scott Brasfield
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
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80221
Remarks
Welcome to this perfectly located 2 bedroom home in Chaffee Park! This home has newly refinished hardwood floors throughout, a freshly updated bathroom, and brand new stainless steel kitchen appliances. The property has a detached 1 car garage with an additional covered car port, as well as a covered patio for outdoor entertaining. This home is ready for you to move in. It's perfectly located: blocks away from Zuni park and Beach Court elementary school, the cafes and restaurants of Sunnyside are 3 min away, RiNo is 6min away, hiking in Golden is 14 min away. All the Colorado things are easy to find here!
Comparative Market Analysis
4906 Tejon Street Denver, CO 80221 MLS #2570522 $465,000 2 Beds 1.00 Baths 722 Sq. Ft. ($644 / sqft) ACTIVE 8/24/22 Year Built 1947 Days on market: 3 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 29
1835 W 50th Avenue Denver, CO 80221 MLS #3366027 $499,900 2 Beds 1.00 Baths 888 Sq. Ft. ($563 / sqft) ACTIVE 5/26/22 Year Built 1947 Days on market: 80 Details Prop Type: Single Family Residence County: Denver Subdivision: Chaffee Park Heights Style: Mid-Century Modern Full baths: 1.0 Lot Size (sqft): 5,650 Garages: 1 List date: 5/26/22 Updated: Sep 3, 2022 10:38 AM List Price: $499,900 Orig list price: $569,900 Taxes: $1,667 School District: Denver 1 High: North Middle: Strive Sunnyside Elementary: Beach Court Features Appliances: Dishwasher, Dryer, Oven, Range, Refrigerator, Washer Association Yn: false Basement: Crawl Space Building Area Source: Public Records Construction Materials: Frame Cooling: Central Air Exterior Features: Private Yard Flooring: Stone, Wood Heating: Forced Air Interior Features: Breakfast Nook, No Stairs Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 888 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Features: Concrete Parking Total: 1 Patio And Porch: Patio Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition Security Features: Security System Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: CHAFFEE PARK HEIGHTS B9 L20 Tax Year: 2021 Water Source: Public Window Features: Skylight(s) Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 30
Scott Brasfield
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The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
Ideal location for any buyer, central with easy highway access to both I-70 and I-25. Shop, dine and entertain at nearby Highlands or Downtown Denver. Minutes to Zuni Park, Rocky Mountain and Berkley CloseLakes.to Regis University and Willis Case Golf Course. This 2 bedroom , 1 bath features a formal dining room addition, hardwood floors, kitchen skylight and a screened in porch. Keep cool on hot summer days with the central air conditioning ( installed 2021) or enjoy Colorado's great outdoor weather on the paver stone patio. This home has a fenced yard and newer roof, home alarm ( alarm is owed, service is leased monthly ) and no HOA's
Cozy, Convenient Chaffee Park Ranch
Remarks
Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221
1835 W 50th Avenue Denver, CO 80221 MLS #3366027 $499,900 2 Beds 1.00 Baths 888 Sq. Ft. ($563 / sqft) ACTIVE 5/26/22 Year Built 1947 Days on market: 80 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 32
5115 Umatilla Street Denver, CO 80221 MLS #8285912 $510,000 2 Beds 1.00 Baths 1,001 Sq. Ft. ($509 / sqft) COMING SOON Year Built 1949 Details Prop Type: Single Family Residence County: Denver Subdivision: Chaffee Park Full baths: 1.0 Lot Size (sqft): 7,500 Garages: 1 Updated: Sep 7, 2022 6:25 AM List Price: $510,000 Taxes: $2,077 School District: Denver 1 High: North Middle: Strive Sunnyside Elementary: Beach Court Features Appliances: Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer Association Yn: false Building Area Source: Public Records Construction Materials: Frame, Metal Siding Cooling: Central Air Direction Faces: East Distance To Bus Units: Blocks Exterior Features: Fire Pit Fencing: Full Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Tile, Wood Heating: Forced Air Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1001 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 4 Patio And Porch: Patio Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House Tax Legal Description: BROOKS SUB B3 L25 Tax Year: 2021 Water Source: Public Window Features: Window Coverings Zoning: E-SU-DX Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 33
The home features 2 bedrooms and 1 bath. The kitchen has a breakfast bar that is open to the Living Room. There is a separate laundry room. Central Air was installed in 2017 and the sewer line was replaced in 2016. New Roof with Impact Resistant Shingles in Raised2017. bed gardens with Lilacs, Lavender, and Raspberry bushes! A large patio and plenty of outdoor entertaining space complete this beautiful home! This home is in an ADU zoned neighborhood.
BEGIN FRIDAY 9/9. Light and bright, Chaffee Park Ranch on a 7500 Sq Ft lot. Less than 1 block to 51st & Zuni Park. Easy access to Sunnyside, Highlands, Regis, and Berkley.
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Comparative Market Analysis
Scott Brasfield
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
1780 West Burlington Place, Denver, Colorado 80221
https://denvergov.org/maps/map/zoning
Remarks SHOWINGS
5115 Umatilla Street Denver, CO 80221 MLS #8285912 $510,000 2 Beds 1.00 Baths 1,001 Sq. Ft. ($509 / sqft) COMING SOON Year Built 1949 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 35
Scott Brasfield The Bartic Group at Keller Williams Integrity
Analysis
Comparable Property Statistics S 4 Sold Listings P 1 Pending Listings A 4 Active Listings LOWEST $400,000 AVERAGE $462,500 HIGH $515,000 AVG PRICE / SQFT $517 AVG DOM 12 LOWEST $470,000 AVERAGE $470,000 HIGH $470,000 AVG PRICE / SQFT $647 AVG DOM 16 LOWEST $458,900 AVERAGE $483,450 HIGH $510,000 AVG PRICE / SQFT $582 AVG DOM 32 Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott Brasfield The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com 37
ADDRESS ORIG LIST PRICE SOLD PRICE % OF ORIG LIST PRICE DOM $ PER SQFT 5020 Vallejo Street $420,000 $435,000 103.57% 14 $518 5055 Bryant Street $500,000 $500,000 100.00% 5 $549 5162 Bryant Street $489,000 $400,000 81.80% 18 $394 4980 Vallejo Street $515,000 $515,000 100.00% $608 Averages $481,000 $462,500 96.15% 12 $517 Brasfield Bartic Group at Keller Cell: scott@thebar720-520-3113ticgroup.com
Analysis
Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221 Scott
Homes sold for an average of 99.5% of their list price. 12 Days on market It took an average of 12 days for a home to sell.
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Sold Property Analysis Averages 99.5%
The
Williams Integrity
• The first two weeks of marketing are crucial.
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 biggest are location and condition. Generally, fair market value can be estimated by considering the 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 it, believing they can always come down later, but that's a serious mistake.
• Fair market value attracts buyers, overpricing never does.
Pricing a home for sale is as much art as science, but there are a few truisms that never change.
Scott Brasfield
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
39
Comparative Market Analysis 1780 West Burlington Place, Denver, Colorado 80221
• The market never lies, but it can change its mind.
Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range and look for the best value in that range.
Intelligent Pricing and Timing
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, full description and photos 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 either 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.
Intelligent pricing isn't about getting the most for your home - it's about getting your home sold quickly at fair market value.
80221
The Bartic Group at Keller Williams Integrity Cell: scott@thebar720-520-3113ticgroup.com
Scott Brasfield
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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.
West Burlington Place, Denver,
1780 Colorado
Intelligent Pricing and Timing
Comparative Market Analysis
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