Rental_ 12961 Lafayette Street, Unit B Thornton

at Keller Williams Integrity

Comparative Market Analysis

the

price for

index hovering around

index of

Thornton, CO Condos/Townhomes

is $394,950 with the

This is less than last month's

Inventory has held steady at or around

Market Action Index

Strong Seller's Market

the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Median List Price

Real-Time Market Profile

Days

7-Day Average 90-Day Average

Strong Seller's Market

Map

Comparable Listings

$1,525

4/16/20

Details

Prop Type: Condominium County: Adams

Subdivision: Legends at Hunters Glenn Full baths: 2.0

Features

Cooling: Central Air Lease Term: 12 Months Levels: Two

Lot Size (sqft): 2,929

Garages: 1 List date: 4/16/20 Off-market date: 5/13/20

Beds 2.00 Baths

Living Area Total: 1113 Parking Total: 1

Updated: May 13, 2020 9:33 AM

List Price: $1,525

Orig list price: $1,695

Sq.

Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Size Limit

School District: Adams 12 5 Star Schl

High: Mountain Range Middle: Century

Elementary: Hunters Glen

Structure Type: Townhouse

Remarks

This beautiful two bedroom, two bathroom condo is located in the Legends at Hunters Glen. The front door opens to a spacious green belt, has mountain views and is walking distance to Hunter's Glen Lake. The living area is open and connected to the dining room and kitchen creating the perfect space for hosting guests. The master bedroom is very spacious with lots of closet space and an attached bathroom. The second bedroom is also a good size with the 2nd bathroom located just outside of the bedroom. The condo does include a detached garage and there is access to the community swimming pool to enjoy those hot summer Colorado days.

Lily

Grace Property Management

For a virtual tour visit our website www.rentgrace.com

Pets: Up to 2 small dogs no more than 35lbs each, No cats. Breed and age restrictions apply Smoking: No smoking allowed

Lily Lopez

2 Beds 2.00 Baths

Lily

$1,750

2/13/20

Details

Prop Type: Townhouse County: Adams Subdivision: Legends at Hunters Glen Style: Contemporary

Features

Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Pool, Spa/Hot Tub Building Name: Legends at Hunters Glen Common Walls: End Unit Cooling: Central Air Entry Level: 1

Remarks

Lopez

Full baths: 2.0

Lot Size (sqft): 2,189

List date: 2/13/20 Off-market date: 3/16/20

Beds 2.00 Baths

Entry Location: Ground

Exterior Features: Balcony Fireplaces Total: 1 Flooring: Carpet Furnished: Unfurnished

Heating: Forced Air

Updated: Mar 16, 2020 7:54 AM

List Price: $1,750

Orig list price: $1,750

School District: Adams 12 5 Star Schl

High: Mountain Range Middle: Century Elementary: Hunters Glen

Interior Features: Breakfast Nook, Ceiling Fan(s), Granite Counters, Master Suite, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Laundry Features: In Unit

Lease Term: Other Levels: One

Living Area Total: 1166

Main Level Bathrooms: 2

Main Level Bedrooms: 2 Parking Total: 1 Patio And Porch: Covered, Deck

Pets Allowed: Dogs OK, Size Limit

Pool Features: Outdoor Pool Structure Type: Townhouse

community ~ Top Floor, Ranch-style with

Lafayette Street, Unit B Thornton, Colorado

VAULTED CEILINGS ~ Open, Light, Bright, Tons of Windows ~ Open Floorplan ~ 2-bed, 2-bath, 1166 square feet ~ NEW Flooring and Paint throughout ~ Gas FIREPLACE, 9 Ceilings, BALCONY ~ Beautiful Kitchen w Granite Counters and New Stainless Appliances ~ MASTER SUITE w/ Walk-in Closet ~ Large Storage off of Balcony ~ Washer/Dryer included, Central AC ~ PETS: one well-behaved Adult Dog under 25 pounds (extra fee/deposit) --- Gorgeous New Exterior Paint ~ Community POOL and HOT TUB ~ Walk to nearby Hunters Glen LAKE and TRAILS ~ 2 minutes to the new LIGHT RAIL Station at 124th --- 12 to 14 month lease so expires in spring. (no smoking or pot)

Details

Prop Type:

Hunters Glen Style: Mountain Contemporary

Features

Remarks

Beds 2.00 Baths

Full baths:

Size (sqft): 2,929

date: 1/20/20 Off-market date: 1/29/20

Updated: Jan 29, 2020 2:31 AM

List Price: $1,600

list price: $1,600

Term:

Area Total:

Level

Level

Total:

And

School District: Adams 12 5 Star Schl

High: Mountain Range Middle: Century Elementary: Hunters Glen

Allowed:

OK,

Senior Community Yn:

Type: Low Rise (1-3)

Gorgeous ground floor, corner unit condo with 2 beds & 2 baths and 1 covered parking space. Large living room, wood laminate floors throughout the whole condo. Stainless steel appliances (not pictured - in process of purchasing), central A/C, lots of counter and cupboard space, washer & dryer included, large master bedroom and walk-in closet, community pool. 6 or 18 month lease available.

Located in Hunter's Glenn, approximately 1 mile from new Light Rail station and 3 miles from I-25, this beautiful condo is near a wide array of shopping, dining, recreation center and hiking trails.

Looking for tenants with credit score of 650+, gross combined income $4,000+/mo, no evictions in the last 7 years and must be able to pass a criminal background check. 2 pets with combined weight not to exceed 70 lbs negotiable with extra fee. Sorry - no smoking or section 8.

For showings call Troy Herman, Woodruff Property Management, (303) 532-9372.

Woodruff Property Management acts as an agent of the Landlord, not the tenant. Woodruff Property Management is required by law to disclose any information provided by the tenant to the Landlord.

Beds 2.00

10/8/19

Details

Prop Type: Condominium County: Adams Full baths: 2.0 Lot Size (sqft):

Features

Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer

Association Amenities: Clubhouse, Pool Carport Spaces: 1

Concessions: No

Remarks

List date: 10/8/19

Off-market date: 10/25/19 Updated: Oct 24, 2019 11:54 PM

List Price: $1,500

Orig list price: $1,500

School District: Adams 12 5 Star Schl

High: Mountain Range

Middle: Century Elementary: Hunters Glen

Cooling: Central Air Direction Faces: West Flooring: Carpet, Tile Heating: Forced Air, Natural Gas

Interior Features: Corian Counters

Laundry Features: Laundry Closet

Lease Term: 12 Months

Living Area Total: 1166

Main Level Bathrooms: 1 Parking Features: Detached Carport

Parking Total: 1 Pets Allowed: Dogs OK

This exceptional townhome has just been Updated with crisp new two-one paint and neutral carpet throughout. Plus both bathrooms have been re-tiled. The property contains a generously sized master bedroom with a large walk in closet and master bath to boot! The property offers a very large family room area for lots of furniture and a giant TV or you can double up and make a workplace/office area. This home is super light and bright and the carport is just outside the door!

Located in Legends at Hunters Glen, a very sought after area in Beautiful Thornton, Colorado! AVAILABLE IMMEDIATELY! APPLICATION INFO IS AVAILABLE ONLINE AT WWW.ALPHADIMENSIONPROPERTIES.COM

Please Contact Katie at 303-641-0013 to schedule a showing of this Beautiful Property! It will not last long and is an absolute MUST SEE! NO EMAIL INQUIRIES PLEASE AVAILABLE IMMEDIATELY

Comparable Property Statistics

Sold Listings

Lily Lopez

Sold Property Analysis

Averages 100.0%

Homes sold for an average of 100.0% of their list price.

Analysis

ADDRESS

21Days on market

It took an average of 21 days for a home to sell.

ORIG LIST PRICE SOLD PRICE % OF

LIST PRICE DOM $ PER SQFT

12915 Lafayette Street E $1,695 $1,525 89.97% 27 $1.37 12907 Lafayette Street C $1,750 $1,750 100.00% 32 $1.50 12915 Lafayette Street D $1,600 $1,600 100.00% 9 $1.36 12943 Lafayette Street C $1,500 $1,500 100.00% 17 $1.29

Averages $1,636 $1,593 97.42% 21 $1.38

Summary of Comparable Properties

S SOLD LISTINGS

ADDRESS

SQFT PRICE $/SQ.FT

12915 Lafayette Street E 2 2.00 1,113 $1,525 $1 12907 Lafayette Street C 2 2.00 1,166 $1,750 $2 12915 Lafayette Street D 2 2.00 1,177 $1,600 $1 12943 Lafayette Street C 2 2.00 1,166 $1,500 $1

Averages 1,155 $1,593 $1.38

Lily Lopez

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

Market Value

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

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.

That MOVE You