Vrain Street Comparative Market Analysis

Page 1

at Keller Williams Integrity


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

4132 Vrain Street JUNE 29, 2022

Brendan Bartic The Bartic Group


4132 Vrain St, Denver, CO 80212-2253, Denver County APN: 2193-15-009

CLIP: 7143262344

MLS Beds 3

MLS Full Baths 1

Half Baths N/A

MLS Sale Price $640,000

MLS Sq Ft 2,068

Lot Sq Ft 6,240

Yr Built 1902

Type SFR

MLS Sale Date 06/14/2018

OWNER INFORMATION

Owner Name

Sposato Joseph Charles

Mailing Zip

80212

Owner Name 2

Dahan Danielle Sarah

Mailing ZIP 4

2253

Mailing Address

4132 Vrain St

Mailing Carrier Route

C037

Mailing City & State

Denver, CO

Owner Occupied

Yes

Property Zip

80212

Topography

Flat/Level

Property Zip4

2253

Neighborhood Code

Berkeley-0212

Property Carrier Route

C037

Neighborhood Name (OnBoard)

Berkeley

School District

Denver County 1

Traffic

Local

Elementary School

Centennial K-8

Township

03S

Middle School

Bryant Webster

Range

68W

High School

North

Section

19

Subdivision

Mountain View

Quarter

SW

Zoning

U-TU-C

Block

6

Census Tract

3.01

Lot

31

PIN

2193-15-009

% Improved

22%

Schedule Number

0219315009000

Tax District

DENV

Legal Description

MOUNTAIN VIEW 02193 B6 L31 & 32 EXC REAR 5FT TO CITY

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$561,200

$561,200

$467,700

Market Value - Improved

$159,700

$159,700

$196,500

Market Value - Total

$720,900

$720,900

$664,200

Assessed Value - Land

$40,130

$33,440

$33,440

Assessed Value - Improved

$11,420

$14,050

$14,050

Assessed Value - Total

$51,550

$47,490

$47,490

YOY Assessed Change (%)

8.55%

0%

YOY Assessed Change ($)

$4,060

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$3,425

2020

$3,524

$99

2.88%

2021

$3,847

$323

9.17%

CHARACTERISTICS

Lot Acres

0.1433

Total Rooms

7

Lot Sq Ft

6,240

Bedrooms

3

Land Use - County

Single Family Resident

Baths - Total

3

Land Use - CoreLogic

SFR

MLS Total Baths

3

Year Built

1902

Baths - Full

Tax: 3 MLS: 1

Bldg Sq Ft - Above Ground

1,451

Stories

Tax: 1.5 MLS: 2

Bldg Sq Ft - Basement

634

Heat Type

Warm Air

Bldg Sq Ft - Finished Basement

634

Garage Type

Detached Garage

Bldg Sq Ft - Total

2,085

Garage Capacity

MLS: 2

Bldg Sq Ft - Finished

Tax: 2,085 MLS: 2,068

Garage Sq Ft

400

Bldg Sq Ft - 1st Floor

1,120

Exterior

Frame

Basement Type

Partial

Quality

Average

# Buildings

1

FEATURES

Property Details

Courtesy of Holly Vogel, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/29/22 Page 1/3


Feature Type

Size/Qty

Opn Prch-Msry

221

Opn Prch-Frm

141

Det Garage-Frm

400

SELL SCORE

Rating

Low

Sell Score

467

Value As Of

2022-06-26 04:00:20

LISTING INFORMATION

MLS Listing Id

1681085

MLS Close Price

$640,000

MLS Days On Market

22

MLS Listing Contract Date

04/19/2018

MLS Source

REcolorado

MLS Close Date

06/14/2018

MLS Status

Closed

MLS List Office Name

LIV SOTHEBY'S INTERNATIONAL REALTY

MLS Status Change Date

06/14/2018

MLS List Agent Full Name

036952-Maria Vitale

MLS Current Price

$640,000

MLS Buyer Agent Full Name

55044044-Heather Sowa

MLS Original List Price

$663,000

MLS Buyer Office Name

REDFIN CORPORATION

MLS Listing #

995704

873896

MLS Source History

REcolorado

REcolorado

MLS Status

Closed

Closed

MLS Listing Price

$280,000

$249,900

MLS Orig Listing Price

$280,000

$312,000

MLS Listing Close Price

$275,000

$245,000

MLS Listing Date

05/10/2011

03/05/2010

MLS Close Date

06/15/2011

08/27/2010

LAST MARKET SALE & SALES HISTORY

Sale Date

06/14/2018

Deed Type

Warranty Deed

Sale Price

$640,000

Owner Name

Sposato Joseph Charles

Price per SqFt - Finished

$306.95

Owner Name 2

Dahan Danielle Sarah

Document Number

74083

Seller

Howes Brandon

Sale Date

06/14/2018

06/15/2011

08/27/2010

05/30/2003

06/30/1998

Sale Price

$640,000

$275,000

$245,000

$231,500

$148,000

Buyer

Sposato Joseph C

Howes Brandon

Rollins Cristin

Darden Allison J

Wittich Geoffery M & Michelle

Buyer

Dahan Danielle S

Mccrea Erin

Korn Jason

Seller

Howes Brandon

Rollins Cristin

Darden Allison J

Wittich Geoffery M & Michelle K

Garrett Keith L & Julie K

Document Number

74083

65716

100334

116736

109391

Document Type

Warranty Deed

Warranty Deed

Warranty Deed

Warranty Deed

Warranty Deed

Title Company

Land Title Guarantee

Fidelity National Title I nsura

Cherry Creek Title

First American Heritag e Title

Sale Date

05/29/1996

Sale Price

$115,000

Buyer

Garrett Keith L & Julie K

Buyer

Garrett Julie K

Seller

Wellner Mary M

Document Number

83621

Document Type

Warranty Deed

Wittich Michelle

Title Company MORTGAGE HISTORY

Mortgage Date

10/05/2020

06/15/2018

04/02/2018

11/17/2016

06/17/2011

Mortgage Amount

$565,250

$576,000

$270,000

$203,000

$220,000

Mortgage Lender

American Nbrhd Mtg A ccptnc Co

Transportation Fcu

US Bk Na

Western Cu

Universal Lending

Borrower

Sposato Joseph C

Sposato Joseph C

Howes Brandon C

Howes Brandon

Howes Brandon

Borrower

Dahan Danielle S

Dahan Danielle S

Mccrea Erin C

Mccrea Erin

Mccrea Erin

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Refi

Refi

Resale

Property Details

Courtesy of Holly Vogel, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/29/22 Page 2/3


Mortgage Int Rate Type

Adjustable Int Rate Loa n

Mortgage Term

30

30

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Pta Title

Solidifi US Inc

Heritage Title Co.

Mortgage Date

09/07/2010

09/07/2010

06/13/2003

Mortgage Amount

$195,400

$25,000

$185,200

Mortgage Lender

Mountain Crest Mtg Inc

Tcf Nat'l Bk

Megastar Fin'l Corp

Borrower

Rollins Cristin

Rollins Cristin

Darden Allison J

Borrower

Korn Jason

Korn Jason

Mortgage Type

Conventional

Conventional

Conventional

Mortgage Purpose

Resale

Resale

Resale

Mortgage Term

30

30

30

Mortgage Term

Years

Years

Years

Mortgage Int Rate Type

Fixed Rate Loan

Title Company PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Holly Vogel, REcolorado

The data within this report is compiled by CoreLogic from public and private sources. The data is deemed reliable, but is not guaranteed. The accuracy of the data contained herein can be independently verified by the recipient of this report with the applicable county or municipality.

Generated on: 06/29/22 Page 3/3


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

What is a CMA No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the comparative market analysis, or CMA, is most useful.

What is a CMA?

The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

How is the CMA created?

CMAs are generated by using property information from your real estate agent's multiple listing service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.

How accurate are CMAs?

The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing - new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen. That means some features may not be included. As informative as the CMA is, it should only be used as a tool and should not substitute for your real estate professional's knowledge and advice.

Brendan Bartic The Bartic Group

4


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Online Valuation Analysis How accurate are Zestimates?

13.0%

$141,300

Zestimates varied up to 13.0% or $141,300 compared to actual MLS prices.

A

1 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

$785,000

$780,900

-0.5%

PRICE

ZESTIMATE

DIFFERENCE

$975,000

$1,046,500

7.3%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

3904 Wolff Street

6/23/22

$900,000

$917,700

2.0%

4129 Zenobia Street

5/20/22

$825,000

$835,100

1.2%

3864 Yates Street

10/29/21

$855,000

$881,600

3.1%

3927 Yates Street

3/11/22

$865,000

$900,600

4.1%

4121 Stuart Street

9/24/21

$880,000

$994,500

13.0%

3869 Zenobia Street

5/11/22

$1,000,000

$1,016,800

1.7%

4319 Wolff Street

2/22/22

$1,100,000

$958,700

-12.8%

4347 Yates Street

X

1 Expired

ADDRESS

4372 Yates Street

S

7 Sold

ADDRESS

Source: Zillow

Brendan Bartic The Bartic Group

5


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

X = EXPIRED

S = CLOSED

BEDS

BATHS

SQFT

PRICE

4132 Vrain St

3

3.00

1,451

-

1

Subject

2

1868499

A

4347 Yates Street

3

2.00

1,153

$785,000

3

6968107

X

4372 Yates Street

3

3.00

1,625

$975,000

4

2709222

S

3904 Wolff Street

3

3.00

1,689

$900,000

5

3946763

S

4129 Zenobia Street

3

3.00

2,012

$825,000

6

4008906

S

3864 Yates Street

3

3.00

1,737

$855,000

7

3980882

S

3927 Yates Street

3

2.00

1,478

$865,000

8

3522762

S

4121 Stuart Street

4

2.00

2,130

$880,000

9

3049033

S

3869 Zenobia Street

4

3.00

1,943

$1,000,000

10

9736373

S

4319 Wolff Street

3

2.00

1,587

$1,100,000

Brendan Bartic The Bartic Group

6


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

4347 Yates Street $785,000 ACTIVE

MLS #1868499

Denver, CO 80212

3 Beds 2.00 Baths Year Built 1921

6/16/22

1,153 Sq. Ft. ($681 / sqft) Days on market: 10

Details Prop Type: Single Family Residence County: Denver Subdivision: Berkeley

Full baths: 1.0

School District: Denver 1

3/4 Baths: 1.0

Updated: Jun 26, 2022 9:05 AM

Lot Size (sqft): 5,840

List Price: $785,000

Middle: Denver Montessori

List date: 6/16/22

Orig list price: $785,000

Elementary: Centennial

Style: Bungalow

High: North

Taxes: $3,180

Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior Features: Garden

Main Level Bathrooms: 2

Roof: Composition

Fencing: Full

Main Level Bedrooms: 3

Flooring: Wood

Association Yn: false

Heating: Forced Air

Other Equipment: Satellite Dish

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Interior Features: Ceiling Fan(s), Open Floorplan, Radon Mitigation System

Parking Total: 3

Senior Community Yn: false

Basement: Partial

Patio And Porch: Deck, Patio

Sewer: Public Sewer Structure Type: House

Levels: One

Property Condition: Updated/Remodeled

Listing Terms: Cash, Conventional, FHA, VA Loan

Road Frontage Type: Public Road

Living Area Total: 1153

Road Responsibility: Public Maintained Road

Below Grade Unfinished Area: 429.0 Building Area Source: Public Records Construction Materials: Frame Cooling: Attic Fan, Central Air Direction Faces: East

Lot Features: Level, Sprinklers In Front, Sprinklers In Rear

Road Surface Type: Paved

Tax Legal Description: BERKELEY B23 L37 & 38 Tax Year: 2021 Utilities: Cable Available, Electricity Available, Internet Access (Wired) Water Source: Public

Brendan Bartic The Bartic Group

7


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Zoning: U-SU-C1

Remarks Stellar investment opportunity! Berkeley bungalow with a newly remodeled ADU! Live in one space and rent the other, or rent both! Take advantage of the new allowance to count ADU income towards your loan! This 2 bed 1 bath bungalow features hard wood floors and an open floor plan from the living, dining, and kitchen. The two nicely sized bedrooms and a full bath are tucked away on the right side of the home. This functional floor plan optimizes the square footage and there is no shortage of kitchen cabinet space and storage areas. The laundry room off the kitchen connects you to the unfinished basement and another unfinished shed space being used for storage but has the potential to be finished into another bedroom, gym, studio, or workshop. Outside the large backyard features a wood deck and plenty of space for a garden and entertaining. The main attraction is the newly renovated ADU, 4345 Yates, with a private entrance off the alley! This brand new self-sufficient space is ready to take renters asap! The ADU has a full kitchen with stainless steel appliances, it's own washer/dryer, a living space, a bedroom, and a 3/4 bath. All completely new and just installed! Also off the alley is a designated parking area large enough for 3 cars.

Brendan Bartic The Bartic Group

8


Comparative Market Analysis

4347 Yates Street $785,000 ACTIVE

6/16/22

4132 Vrain Street, Denver, Colorado 80212

MLS #1868499

Denver, CO 80212

3 Beds 2.00 Baths Year Built 1921

1,153 Sq. Ft. ($681 / sqft) Days on market: 10

Brendan Bartic The Bartic Group

9


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

4372 Yates Street $975,000 EXPIRED

MLS #6968107

Denver, CO 80212

3 Beds 3.00 Baths Year Built 1900

6/9/22

1,625 Sq. Ft. ($600 / sqft) Days on market: 18

Details Prop Type: Single Family Residence

Lot Size (sqft): 3,049

List Price: $975,000

Middle: Strive Sunnyside

Garages: 2

Orig list price: $975,000

Elementary: Edison

County: Denver

List date: 6/9/22

Taxes: $3,796

Subdivision: Berkeley

Off-market date: 6/27/22

School District: Denver 1

3/4 Baths: 2.0

Updated: Jun 27, 2022 9:18 AM

High: North

Exterior Features: Balcony, Private Yard

Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Kitchen Island, Open Floorplan, Quartz Counters

Half baths: 1.0

Features Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer

Fencing: Full

Association Yn: false

Fireplace Features: Living Room

Basement: Crawl Space

Fireplaces Total: 1

Building Area Source: Public Records

Flooring: Tile, Wood

Laundry Features: In Unit Levels: Two

Parking Total: 2 Patio And Porch: Covered, Front Porch, Patio Road Frontage Type: Public Road Road Surface Type: Alley Paved

Listing Terms: Cash, Conventional, Jumbo, VA Loan

Roof: Composition

Construction Materials: Cement Siding

Living Area Total: 1625

Sewer: Public Sewer

Lot Features: Level

Spa Features: Steam Room

Cooling: Central Air

Main Level Bathrooms: 1

Structure Type: House

Common Walls: No Common Walls

Heating: Forced Air, Natural Gas

Senior Community Yn: false

Brendan Bartic The Bartic Group

10


Comparative Market Analysis

Tax Legal Description: BERKELEY B22 L6

4132 Vrain Street, Denver, Colorado 80212

Tax Year: 2021

Zoning: U-SU-C1

Remarks A truly one of a kind home is ready to be yours! This Pop-Top was constructed in 2016 and has been meticulously cared for ever since. Spacious open floor plan on the main the level greets you once you enter your new home! This property was planned out to perfection as you have all three bedrooms located on the second floor. Master bath has a steam shower, double vanity and plenty of cabinet space for storage. Setup your showing today and makes this a new place to call home!

Brendan Bartic The Bartic Group

11


Comparative Market Analysis

4372 Yates Street $975,000 EXPIRED

6/9/22

4132 Vrain Street, Denver, Colorado 80212

MLS #6968107

Denver, CO 80212

3 Beds 3.00 Baths Year Built 1900

1,625 Sq. Ft. ($600 / sqft) Days on market: 18

Brendan Bartic The Bartic Group

12


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

3904 Wolff Street $900,000 CLOSED

MLS #2709222

Denver, CO 80212

3 Beds 3.00 Baths Year Built 1905

6/23/22

1,689 Sq. Ft. ($533 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 6/4/22

School District: Denver 1

Lot Size (sqft): 6,250 Garages: 2

Updated: Jun 23, 2022 10:28 AM

High: North

County: Denver

List date: 6/1/22

List Price: $849,900

Elementary: Centennial

Sold date: 6/23/22

Orig list price: $849,900

Subdivision: Berkeley Style: Cottage,Victorian Full baths: 2.0

Middle: Strive Sunnyside

Taxes: $2,538

Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Range Hood, Refrigerator, Self Cleaning Oven, Washer

Construction Materials: Frame, Stucco, Wood Siding

Laundry Features: Laundry Closet

Patio And Porch: Front Porch, Patio

Cooling: Central Air

Levels: One

Direction Faces: West

Property Condition: Updated/Remodeled

Association Yn: false

Exterior Features: Garden, Private Yard, Water Feature

Listing Terms: Cash, Conventional, FHA, VA Loan

Basement: Finished, Partial Below Grade Unfinished Area: 345.0 Building Area Source: Listor Measured Concessions: No

Flooring: Vinyl, Wood Heating: Forced Air, Natural Gas Interior Features: High Ceilings, Open Floorplan, Pantry, Quartz Counters, Smoke Free

Road Surface Type: Paved

Living Area Total: 1689

Roof: Architectural Shingles

Lot Features: Corner Lot, Level, Many Trees, Sprinklers In Rear

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Main Level Bathrooms: 2

Senior Community Yn: false

Main Level Bedrooms: 2

Sewer: Public Sewer

Parking Total: 3

Structure Type: House

Brendan Bartic The Bartic Group

13


Comparative Market Analysis

Tax Legal Description: BERKELEY 02193 B8 L23 & 24 EXC REAR 8FT TO CITY

4132 Vrain Street, Denver, Colorado 80212

Virtual Tour: View Water Source: Public

Window Features: Double Pane Windows Zoning: U-SU-C1

Tax Year: 2021

Remarks Adorable Victorian Cottage in Berkeley. Fantastic location; walk to Tennyson Street restaurants, bars and art galleries, Sprouts and King Soopers grocery stores, Starbucks, 24-hour fitness, the Old Elitch farmer's market and several parks. This 3 bedroom, 3 bathroom home has hickory hardwood and laminate flooring throughout, as well as new modern paint and high-end dual-pane windows. The kitchen has new cabinets with pantry, quartz countertops, stainless steel LG appliances and a large picture window. The front bedroom has a bathroom with double vanity and a deep soaking tub. The spacious 2nd bedroom or office is in the addition on the back of the house with several closets, and a new stacked washer/dryer. The basement has been partially finished featuring 8 foot high ceilings, an office or non-conforming bedroom, a full bathroom and a small family room or flex space. A pleasant and private location for guests or a home office retreat. The unfinished utility room is spacious and provides ample storage. The 5-year old roof has impact-resistant shingles and the furnace, central a/c, and hot water heater are all 2 years old. The main electrical panel has been updated, and all light fixtures are new. The sewer line was replaced in 2020, and outside clean -outs installed. The real standout for this home is the beautiful, xeriscaped front yard, and the fully-fenced backyard with new sprinkler system, an outdoor room for entertaining, greenhouse, raised garden beds and several mature trees that provide shade. The 2-car garage is new, and there is an additional off-street parking space as well. Just a super cute property. The lot is zoned for an ADU (accessory dwelling unit). Showings begin Friday, June 3rd.

Brendan Bartic The Bartic Group

14


Comparative Market Analysis

3904 Wolff Street $900,000 CLOSED

6/23/22

4132 Vrain Street, Denver, Colorado 80212

MLS #2709222

Denver, CO 80212

3 Beds 3.00 Baths Year Built 1905

1,689 Sq. Ft. ($533 / sqft) Days on market: 3

Brendan Bartic The Bartic Group

15


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

4129 Zenobia Street

Denver, CO 80212

$825,000 CLOSED

3 Beds 3.00 Baths Year Built 2007

5/20/22

MLS #3946763 2,012 Sq. Ft. ($410 / sqft) Days on market: 2

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 4/24/22

School District: Denver 1

Lot Size (sqft): 3,120 Garages: 2

Updated: May 20, 2022 10:19 AM

High: North

County: Denver

List date: 4/22/22

List Price: $825,000

Elementary: Centennial

Sold date: 5/20/22

Orig list price: $825,000

Subdivision: BERKELEY Style: Contemporary Full baths: 2.0

Middle: Skinner

Taxes: $3,735

Features Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Washer

Exterior Features: Balcony

Flooring: Carpet, Tile, Wood

Lot Features: Level

Tax Legal Description: BERKELEY B13 L31 EXC REAR 8FT TO CITY

Association Yn: false

Heating: Natural Gas

Main Level Bathrooms: 1

Tax Year: 2021

Building Area Source: Public Records

Parking Total: 2

Water Source: Public

Patio And Porch: Patio

Window Features: Double Pane Windows

Construction Materials: Frame, Other, Wood Siding

Interior Features: High Ceilings, Jet Action Tub, Kitchen Island, Open Floorplan, Quartz Counters, Smoke Free, Spa/Hot Tub, Walk-In Closet(s)

Cooling: Central Air

Levels: Three Or More

Concessions: No

Fireplace Features: Living Room

Listing Terms: Cash, Conventional, FHA Living Area Total: 2012

Roof: Membrane Senior Community Yn: false

Structure Type: House

Zoning: U-SU-C1

Sewer: Public Sewer

Brendan Bartic The Bartic Group

16


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Remarks Modern half duplex with oversized detached 2 car garage, perfectly located in the sought after Berkeley neighborhood at just a brief stroll to all exciting Tennyson Street amenities! Light and bright open floorplan with master suite on the upper level and two additional bedrooms in the lower level. Chef's kitchen with island and quartz counters, jet action tub in master bath, on-demand hot water, high efficiency furnace, balcony off master bedroom with views! private patio with hottub (included). Hot-tub works fine but has small fixable leak. Buyer to assume TESLA Solar Lease ($45.00mo). Quick closing and possession possible. Home is to be sold as-is. Party wall agreement and solar lease agreement in supplements,

Brendan Bartic The Bartic Group

17


Comparative Market Analysis

4129 Zenobia Street $825,000 CLOSED

5/20/22

4132 Vrain Street, Denver, Colorado 80212 Denver, CO 80212

3 Beds 3.00 Baths Year Built 2007

MLS #3946763 2,012 Sq. Ft. ($410 / sqft) Days on market: 2

Brendan Bartic The Bartic Group

18


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

3864 Yates Street $855,000 CLOSED

MLS #4008906

Denver, CO 80212

3 Beds 3.00 Baths Year Built 1896

10/29/21

1,737 Sq. Ft. ($492 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

3/4 Baths: 2.0

Off-market date: 9/13/21

School District: Denver 1

Lot Size (sqft): 6,250 Garages: 2

Updated: Nov 2, 2021 5:35 AM

High: North

County: Denver

List date: 9/10/21

List Price: $799,900

Elementary: Centennial

Sold date: 10/29/21

Orig list price: $799,900

Subdivision: Berkeley Style: Bungalow Full baths: 1.0

Middle: Strive Sunnyside

Taxes: $3,805

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer Association Yn: false Basement: Cellar Building Area Source: Public Records Common Walls: No Common Walls Concessions: No Construction Materials: Stucco

Cooling: Central Air

Listing Terms: 1031 Exchange, Cash, Conventional, VA Loan

Property Condition: Updated/Remodeled

Living Area Total: 1737

Roof: Composition Security Features: Carbon Monoxide Detector(s)

Heating: Forced Air

Lot Features: Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Horse Yn: false

Main Level Bathrooms: 2

Sewer: Public Sewer

Interior Features: Granite Counters, Open Floorplan

Main Level Bedrooms: 2

Structure Type: House

Parking Total: 2

Laundry Features: In Unit

Patio And Porch: Front Porch, Patio

Tax Legal Description: BERKELEY 02193 B3 L7 & 8 EXC REAR 8FT TO CITY

Direction Faces: West Exterior Features: Private Yard, Rain Gutters Fencing: Partial Flooring: Carpet, Tile, Wood

Levels: Two

Road Surface Type: Paved

Senior Community Yn: false

Brendan Bartic The Bartic Group

19


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Tax Year: 2020

Virtual Tour: View

Utilities: Cable Available, Electricity Connected

Water Source: Public

Window Features: Double Pane Windows Zoning: U-SU-C1

Remarks Berkeley bungalow fully remodeled in 2015! Newly painted inside and out. Refinished hardwood floors and fresh landscaping , 3 beds and 3 baths in ideal location - 5 blocks to the Tennyson shops/restaurants. Desirable open layout great for entertaining! 2 bedrooms on the main level - 1 en-suite master with beautifully tiled shower and custom walk-in closet. 2nd master on upper level with attached 3/4 bath, walk-in closet, and tons of finished storage space. Dream kitchen with granite counters, bar seating, stainless steel appliances, gas stove, beautiful cabinets and tons of prep space and storage. Impeccable finishes - hardwood floors throughout first floor, tiled bathrooms, double-paned windows and all window coverings included. Professionally landscaped home with spectacular front and private backyard - 2-car oversized garage! Must see this one won't last! Please follow all COVID guidelines.

Brendan Bartic The Bartic Group

20


Comparative Market Analysis

3864 Yates Street $855,000 CLOSED

10/29/21

4132 Vrain Street, Denver, Colorado 80212

MLS #4008906

Denver, CO 80212

3 Beds 3.00 Baths Year Built 1896

1,737 Sq. Ft. ($492 / sqft) Days on market: 3

Brendan Bartic The Bartic Group

21


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

3927 Yates Street $865,000 CLOSED

MLS #3980882

Denver, CO 80212

3 Beds 2.00 Baths Year Built 1910

3/11/22

1,478 Sq. Ft. ($585 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 2/28/22

School District: Denver 1

Lot Size (sqft): 7,810 Garages: 1

Updated: Mar 11, 2022 9:21 AM

High: North

County: Denver

List date: 2/24/22

List Price: $729,900

Elementary: Centennial

Sold date: 3/11/22

Orig list price: $729,900

Subdivision: Berkeley Style: Traditional Full baths: 1.0

Middle: Skinner

Taxes: $3,173

Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven

Construction Materials: Frame, Other, Vinyl Siding, Wood Siding

Fireplace Features: Family Room, Gas

Association Yn: false

Cooling: Central Air

Flooring: Carpet, Wood

Basement: Partial, Unfinished

Current Use: Live/Work

Heating: Forced Air, Natural Gas

Main Level Bathrooms: 2

Below Grade Unfinished Area: 330.0

Distance To Bus Numeric: 1

Interior Features: Laminate Counters, Solid Surface Counters, Walk-In Closet(s)

Parking Total: 3

Building Area Source: Public Records Concessions: No

Direction Faces: East Electric: 110V, 220 Volts Exterior Features: Garden, Private Yard, Rain Gutters Fencing: Full

Fireplaces Total: 1

Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 1478 Lot Features: Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Main Level Bedrooms: 1 Patio And Porch: Front Porch Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Brendan Bartic The Bartic Group

22


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Road Surface Type: Paved

Sewer: Public Sewer

Tax Year: 2020

Water Source: Public

Roof: Composition

Structure Type: House

Zoning: U-SU-C1

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Tax Legal Description: BERKELEY 02193 B11 L30 & 31 & N/2 OF L29 EXC REAR 8FT TO CITY

Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Connected, Phone Available

Senior Community Yn: false

Virtual Tour: View

Remarks Fantastic 1910 home with exceptional interior location located in the heart of Berkeley! Within walking/biking distance to all downtown Highlands has to offer (Approximately 6 blocks)! Gorgeous 2020 addition adds generous living area to an already exceptional floorplan! Spacious main floor primary bedroom. with walk-in closet and full bath! Spacious family room with gas log fireplace! 3 beds total! Located on an exceptionally generous .17 acre lot...rare for Berkeley! Hardwood flooring on 80% of flooring surfaces! Newer furnace and windows! Gas range! Per seller, zoned for a future ADU (guest house)... imagine the possibilities (Buyer to verify/confirm zoning allows for the same)! Detached garage with additional space for 2 cars (next to garage). Better run.. It's a winner!

Brendan Bartic The Bartic Group

23


Comparative Market Analysis

3927 Yates Street $865,000 CLOSED

3/11/22

4132 Vrain Street, Denver, Colorado 80212

MLS #3980882

Denver, CO 80212

3 Beds 2.00 Baths Year Built 1910

1,478 Sq. Ft. ($585 / sqft) Days on market: 4

Brendan Bartic The Bartic Group

24


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

4121 Stuart Street $880,000 CLOSED

MLS #3522762

Denver, CO 80212

4 Beds 2.00 Baths Year Built 1958

9/24/21

2,130 Sq. Ft. ($413 / sqft) Days on market: 10

Details Prop Type: Single Family Residence

Lot Size (sqft): 6,340

List Price: $850,000

Middle: Denver Montessori

List date: 8/17/21

Orig list price: $850,000

Elementary: Centennial

County: Denver

Sold date: 9/24/21

Taxes: $3,140

Subdivision: Thompsons

Off-market date: 8/30/21

School District: Denver 1

Full baths: 1.0

Updated: Sep 27, 2021 6:50 AM

High: North

Lot Features: Level

Sewer: Public Sewer

Basement: Partial

Cooling: Air ConditioningRoom

Main Level Bathrooms: 1

Structure Type: House

Carport Spaces: 2

Heating: Forced Air

Main Level Bedrooms: 3

Concessions: No

Levels: One

Parking Total: 2

Construction Materials: Brick, Frame

Listing Terms: Cash, Conventional

Roof: Composition

Tax Legal Description: ARGYLE PARK THOMPSONS RESUB 02194 B3 L23 & 24

3/4 Baths: 1.0

Features Association Yn: false

Living Area Total: 2130

Senior Community Yn: false

Tax Year: 2019 Zoning: U-TU-C

Remarks Welcome to this amazing opportunity in the up and coming Berkeley neighborhood!! This property is in a developing area and changing quickly if you want to be a part of it. It has 3 bedrooms on the main floor with 1 bathroom, another 3

Brendan Bartic The Bartic Group

25


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

bedrooms (2 non-conforming) and 1 bathroom in the basement with a full kitchen. A mother-in-law addition in the back of property by alley entrance is also 2 bedrooms, 1 bathroom, and a full kitchen and living room. There have also been many scrap and new builds in the area with the same size lots allowing for townhomes or duplexes to be built on the lot. Home will be sold in stricly as-is conditions. Open house this Sat 8/21 & Sun 8/22 from 11-3pm

Brendan Bartic The Bartic Group

26


Comparative Market Analysis

4121 Stuart Street $880,000 CLOSED

9/24/21

4132 Vrain Street, Denver, Colorado 80212

MLS #3522762

Denver, CO 80212

4 Beds 2.00 Baths Year Built 1958

2,130 Sq. Ft. ($413 / sqft) Days on market: 10

Brendan Bartic The Bartic Group

27


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

3869 Zenobia Street

Denver, CO 80212

$1,000,000 CLOSED

4 Beds 3.00 Baths Year Built 1896

5/11/22

MLS #3049033 1,943 Sq. Ft. ($515 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 4/25/22

School District: Denver 1

Half baths: 1.0 Lot Size (sqft): 6,250

Updated: May 12, 2022 3:31 AM

High: North

County: Denver

Garages: 1

List Price: $898,500

Elementary: Centennial

List date: 4/21/22

Orig list price: $898,500

Sold date: 5/11/22

Taxes: $4,582

Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer

Direction Faces: East

Levels: Two

Exterior Features: Fire Pit, Garden, Private Yard

Listing Terms: Cash, Conventional

Association Yn: false

Fencing: Full

Living Area Total: 1943

Property Condition: Updated/Remodeled

Basement: Crawl Space, Unfinished

Flooring: Carpet, Tile, Wood

Lot Features: Landscaped, Level

Road Frontage Type: Public Road

Heating: Forced Air, Natural Gas

Main Level Bathrooms: 2

Road Responsibility: Public Maintained Road

Interior Features: Butcher Counters, Open Floorplan, Smart Thermostat, Smoke Free

Parking Features: Concrete, Insulated

Subdivision: Berkeley Style: Bungalow,Urban Contemporary Full baths: 1.0

Middle: Skinner

Features

Building Area Source: Public Records Concessions: No Construction Materials: Frame, Vinyl Siding Cooling: Evaporative Cooling

Furnished: Unfurnished

Main Level Bedrooms: 3

Patio And Porch: Covered, Front Porch

Road Surface Type: Paved Roof: Composition

Parking Total: 1

Brendan Bartic The Bartic Group

28


Comparative Market Analysis

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

4132 Vrain Street, Denver, Colorado 80212

Structure Type: House

Senior Community Yn: false

Tax Legal Description: BERKELEY 02193 B1 L41 & 42 EXC REAR 8FT TO CITY

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Sewer: Public Sewer

Tax Year: 2021

Virtual Tour: View

Water Source: Public Zoning: U-SU-C1

Remarks The quintessential Berkeley bungalow meets new build modern farmhouse in this rare opportunity to buy two homes for the price of one. Choose your favorite home to live in while renting out the other for the ultimate house hack. This double lot allows each home to have its own private yard while their placements maximize privacy. Layers of old school charm and character with a refreshed personality welcome you to the 2 bed/1 bath, 1080 sqft front house with a covered front porch that has welcomed friends for over a century. Big picture windows bring the sunshine in to light up the kitchen with its white cabinets, butcher block counters, open shelves and gas range. Hardwood floors connect the open plan that lives larger than its size. The upstairs boasts a bedroom and office allowing a comfortable space to work from home. The modern design of the 2 bed/1.5 bath, 863 sqft ADU could spring from the pages of Dwell magazine. The careful design elements greet you at the front porch with its tongue and groove ceiling, glass inlaid front door, wood beams with steel accents and character light fixtures that tie the home to its original neighborhood. The contrasting matte black and bright white are warmed by the real white oak floors and accents and illuminated by the high ceilings and skylights. The dramatic, hanging light fixtures show off the scale of the ceiling height. The wide array of windows are specifically chosen to maximize each unique viewpoint and surround the living space in light. The thoughtful details are equaled not only on the main level where barn doors, desk nooks, solid doors, and high end bath finishes are found, but also overall where an ERV and tankless H2O heater provide an exceptionally energy efficient home. Both homes offer the convenience of having a washer and dryer. Berkeley is one of Denvers hottest destinations with the Tennyson Art District, notable restaurants, breweries, boutiques and numerous lakes and parks all within walking distance.

Brendan Bartic The Bartic Group

29


Comparative Market Analysis

3869 Zenobia Street $1,000,000 CLOSED

5/11/22

4132 Vrain Street, Denver, Colorado 80212 Denver, CO 80212

4 Beds 3.00 Baths Year Built 1896

MLS #3049033 1,943 Sq. Ft. ($515 / sqft) Days on market: 4

Brendan Bartic The Bartic Group

30


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

4319 Wolff Street $1,100,000 CLOSED

MLS #9736373

Denver, CO 80212

3 Beds 2.00 Baths Year Built 1900

2/22/22

1,587 Sq. Ft. ($693 / sqft) Days on market: 6

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 2/7/22

School District: Denver 1

Lot Size (sqft): 6,240 Garages: 3

Updated: Feb 22, 2022 10:29 AM

High: North

County: Denver

List date: 2/1/22

List Price: $850,000

Elementary: Centennial

Sold date: 2/22/22

Orig list price: $850,000

Subdivision: Berkeley Style: Victorian Full baths: 1.0

Middle: Skinner

Taxes: $3,235

Features Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer Association Yn: false Concessions: No Construction Materials: Brick, Frame, Stucco Cooling: Evaporative Cooling Exterior Features: Private Yard Fencing: Full Fireplace Features: Gas Log, Living Room

Fireplaces Total: 1 Flooring: Tile, Wood Heating: Baseboard, Hot Water Interior Features: Breakfast Nook, Built-in Features, Eat-in Kitchen, Quartz Counters, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s)

Lot Features: Level, Sprinklers In Front, Sprinklers In Rear

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Main Level Bathrooms: 1

Senior Community Yn: false

Main Level Bedrooms: 1

Sewer: Public Sewer

Parking Total: 3

Structure Type: House

Patio And Porch: Covered, Front Porch, Patio

Tax Legal Description: BERKELEY B21 L29 & 30 EXC REAR 8FT TO CITY

Levels: Two

Property Condition: Updated/Remodeled

Listing Terms: Cash, Conventional, FHA, VA Loan

Roof: Composition

Living Area Total: 1587

Tax Year: 2020 Virtual Tour: View Water Source: Public

Brendan Bartic The Bartic Group

31


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Zoning: U-SU-C1

Remarks Welcome to 4319 Wolff Street, where old world charm and modern amenities seamlessly come together. This handsome Victorian is perched on a 6,240sf lot with zoning for an ADU (carriage house). Heading towards the entrance you're greeted with a timeless wrap around porch, a tranquil spot to enjoy a book and meet some neighbors. Hardwood floors welcome you inside the home where you'll find a cozy living room anchored by a gas fireplace wrapped in original tilework. The generously sized formal dining room is filled with south facing windows and light, the perfect place for hosting meals with family and friends. A third bedroom on the main floor with glass french doors makes for the perfect home office or guest room. Head into the kitchen where the imperfection and beauty of exposed brick is perfectly juxtaposed against clean modern lines of white quartz and stainless appliances. Upstairs you'll find a gorgeously updated 3/4 bathroom and two large bedrooms featuring vaulted ceilings. The oversized lot with mature landscaping and trees is the perfect setting for enjoying the Colorado sunshine. This home also boasts a rare 3-car detached garage perfect for keeping the cars clean and storing all of gear. Just 3 blocks from the best shopping and dining on Tennyson street; this one is what we consider a forever home.

Brendan Bartic The Bartic Group

32


Comparative Market Analysis

4319 Wolff Street $1,100,000 CLOSED

2/22/22

4132 Vrain Street, Denver, Colorado 80212

MLS #9736373

Denver, CO 80212

3 Beds 2.00 Baths Year Built 1900

1,587 Sq. Ft. ($693 / sqft) Days on market: 6

Brendan Bartic The Bartic Group

33


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Comparable Property Statistics A

1 Active Listings LOWEST

$785,000

X

$785,000

HIGH

$785,000

AVG PRICE / SQFT

AVG DOM

$681

10

AVG PRICE / SQFT

AVG DOM

$600

18

AVG PRICE / SQFT

AVG DOM

$520

4

1 Expired Listings LOWEST

$975,000

S

AVERAGE

AVERAGE

$975,000

HIGH

$975,000

7 Sold Listings LOWEST

$825,000

AVERAGE

$917,857

HIGH

$1,100,000

Brendan Bartic The Bartic Group

34


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Sold Property Analysis Averages

110.7%

Homes sold for an average of 110.7% of their list price.

4

Days on market

It took an average of 4 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

3904 Wolff Street

$849,900

$900,000

105.89%

3

$533

4129 Zenobia Street

$825,000

$825,000

100.00%

2

$410

3864 Yates Street

$799,900

$855,000

106.89%

3

$492

3927 Yates Street

$729,900

$865,000

118.51%

4

$585

4121 Stuart Street

$850,000

$880,000

103.53%

10

$413

3869 Zenobia Street

$898,500

$1,000,000

111.30%

4

$515

4319 Wolff Street

$850,000

$1,100,000

129.41%

6

$693

$829,028

$917,857

110.71%

4

$520

Averages

Brendan Bartic The Bartic Group

35


Comparative Market Analysis

4132 Vrain Street, Denver, Colorado 80212

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

4347 Yates Street

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

3

2.00

1,153

$785,000

$681

1,153

$785,000

$681

Averages

X

EXPIRED LISTINGS

ADDRESS

4372 Yates Street

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

3

3.00

1,625

$975,000

$600

1,625

$975,000

$600

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3904 Wolff Street

6/23/22

3

3.00

1,689

$900,000

$533

4129 Zenobia Street

5/20/22

3

3.00

2,012

$825,000

$410

3864 Yates Street

10/29/21

3

3.00

1,737

$855,000

$492

3927 Yates Street

3/11/22

3

2.00

1,478

$865,000

$585

4121 Stuart Street

9/24/21

4

2.00

2,130

$880,000

$413

3869 Zenobia Street

5/11/22

4

3.00

1,943

$1,000,000

$515

4319 Wolff Street

2/22/22

3

2.00

1,587

$1,100,000

$693

1,796

$917,857

$520

Averages

Brendan Bartic The Bartic Group

36


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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