5324 Spur Cross Tr Personalized Market Analysis

Page 1



Single-Family Homes

Altos Market Data for Realtors Schedule a demo today at AltosResearch.com

Parker, CO 80134

This week the median list price for Parker, CO 80134 is $869,950 with the market action index hovering around 85. This is an increase over last month's market action index of 83. Inventory has decreased to 36.

Real-Time Market Profile Median List Price

$869,950

Market Action Index

Median Price of New Listings

$789,000

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

Per Square Foot

$235

Average Days on Market

84

Median Days on Market

56

Price Decreased

14%

Price Increased

25%

Relisted

6%

Inventory

36

Median Rent

$2,813

Market Action

85

inventory. 50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

85

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Strong Seller's Market

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

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$3,200,000

6,504

1 - 2.5 acres

5

6

13

2

2

154

$1,300,000

5,210

2.5 - 5 acres

4

4

1

4

2

77

$780,000

3,736

8,000 - 10,000 sqft

3

4

17

5

4

28

$665,000

3,205

6,500 - 8,000 sqft

3

2

10

4

7

7

Fri Feb 18 2022 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2022 Altos Research, Inc.

2 of 6


Single-Family Homes

Altos Market Data for Realtors Schedule a demo today at AltosResearch.com

Parker, CO 80134

Median List Price

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels. $1.1M

$1.0M

$900K

$800K

$700K

$600K

$500K Feb 2019

Jul 2019

Nov 2019

Mar 2020

Jul 2020

7-Day Average

Nov 2020

Mar 2021

Jul 2021

Nov 2021

90-Day Average

Segments

In the quartile market segments, we see the upper end of the market in this zip code showing signs of strength. While this strength hasn't percolated through to Quartiles 3 and 4 yet, expect the low end of the market to follow up, should the upper-end strength continue. $4.0M

$3.0M

$2.0M

$1.0M

$0 Feb 2019

Jul 2019

Nov 2019

Top 90-Day

Mar 2020

Jul 2020

Upper 90-Day

Nov 2020

Lower 90-Day

Mar 2021

Jul 2021

Nov 2021

Bottom 90-Day

Fri Feb 18 2022 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2022 Altos Research, Inc.

3 of 6


Single-Family Homes

Altos Market Data for Realtors Schedule a demo today at AltosResearch.com

Parker, CO 80134

Price Per Square Foot

The value placed on homes continues to increase, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller homes have more influence on overall prices. $275

$250

$225

$200

$175

$150

$125 Feb 2019

Jul 2019

Nov 2019

Mar 2020

Jul 2020

7-Day Average

Nov 2020

Mar 2021

Jul 2021

Nov 2021

90-Day Average

Inventory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply. 300

250

200

150

100

50

0 Feb 2019

Jul 2019

Nov 2019

Mar 2020

Jul 2020

7-Day Average

Nov 2020

Mar 2021

Jul 2021

Nov 2021

90-Day Average

Fri Feb 18 2022 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2022 Altos Research, Inc.

4 of 6


Single-Family Homes

Altos Market Data for Realtors Schedule a demo today at AltosResearch.com

Parker, CO 80134

Market Action Index

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues. 120

100

80

60

40

20 Feb 2019

Jul 2019

Nov 2019

Mar 2020

Jul 2020

7-Day Average

Nov 2020

Mar 2021

Jul 2021

Nov 2021

90-Day Average

Market Action Segments

Not surprisingly, all segments in this zip code 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 highend) will weaken before the rest of the market and signal a slowdown for the whole group. 120

100

80

60

40

20 Feb 2019

Jul 2019

Nov 2019

Top 90-Day

Mar 2020

Jul 2020

Upper 90-Day

Nov 2020

Lower 90-Day

Mar 2021

Jul 2021

Nov 2021

Bottom 90-Day

Fri Feb 18 2022 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2022 Altos Research, Inc.

5 of 6


Single-Family Homes

Altos Market Data for Realtors Schedule a demo today at AltosResearch.com

Parker, CO 80134

Median Days on Market (DOM)

The properties have been on the market for an average of 64 days. Half of the listings have come newly on the market in the past 22 or so days. Watch the 90-day DOM trend for signals of a changing market. 80

60

40

20

0 Feb 2019

Jul 2019

Nov 2019

Mar 2020

Jul 2020

7-Day Average

Nov 2020

Mar 2021

Jul 2021

Nov 2021

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles. 200

150

100

50

0 Feb 2019

Jul 2019

Nov 2019

Top 90-Day

Mar 2020

Jul 2020

Upper 90-Day

Nov 2020

Lower 90-Day

Mar 2021

Jul 2021

Nov 2021

Bottom 90-Day

Fri Feb 18 2022 Powered by Altos Research, Inc. | www.altos.re | Copyright © 2022 Altos Research, Inc.

6 of 6


5324 Spur Cross Trl, Parker, CO 80134-5256, Douglas County Beds 3

Baths 3

Sale Price $428,424

Sale Date 04/08/2005

Bldg Sq Ft 2,859

Lot Sq Ft 12,110

Yr Built 2005

Type SFR

OWNER INFORMATION

Owner Name

Johnson Elizabeth J

Mailing ZIP 4

5256

Mailing Address

5324 Spur Cross Trl

Mailing Carrier Route

R053

Mailing City & State

Parker, CO

Owner Occupied

Yes

Mailing Zip

80134

LOCATION INFORMATION

Property Zip

80134

Zoning

PDU

Property Zip4

5256

Census Tract

140.13

Property Carrier Route

R053

Neighborhood Code

128-128

School District

Douglas County Re 1

Township

07

Elementary School

Northeast Elem/Mtn.

Range

66

Middle School

Sagewood

Section

16

High School

Ponderosa

Quarter

SE

Subdivision

Pinery West

Lot

38

PIN

R0441738

% Improved

81%

Alternate PIN

234916403067

Tax District

2670

Schedule Number

0441738

Legal Description

LOT 38 PINERY WEST FLG 1E 0.27 8 AM/L

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021 - Preliminary

2020

2019

2018

Market Value - Land

$103,892

$108,938

$108,938

$98,264

Market Value - Improved

$516,117

$465,119

$465,119

$426,644

Market Value - Total

$620,009

$574,057

$574,057

$524,908

Assessed Value - Land

$7,430

$7,790

$7,790

$7,080

Assessed Value - Improved

$36,900

$33,260

$33,260

$30,720

Assessed Value - Total

$44,330

$41,050

$41,050

$37,800

YOY Assessed Change (%)

7.99%

0%

8.6%

YOY Assessed Change ($)

$3,280

$0

$3,250

Tax Year

Total Tax

Change ($)

Change (%)

2018

$4,209

2019 2020

$4,616

$407

9.67%

$4,602

-$14

-0.29%

CHARACTERISTICS

Lot Acres

0.278

Total Rooms

7

Lot Sq Ft

12,110

Bedrooms

3

Land Use - County

Res Single Family Improvements

Baths - Total

3

Land Use - CoreLogic

SFR

Baths - Full

3

Building Type

Single Family

Stories

1

Style

Ranch

Fireplace

Y

Year Built

2005

Fireplaces

1

Bldg Sq Ft - Above Ground

2,859

Cooling Type

Central

Bldg Sq Ft - Basement

2,841

Heat Type

Central

Bldg Sq Ft - Unfinished Basement

2,841

Garage Type

Attached Garage

Bldg Sq Ft - Total

5,700

Garage Sq Ft

672

Bldg Sq Ft - Finished

2,859

Roof Material

Composition Shingle

Basement Type

Unfinished

Exterior

Frame

# Buildings

1

Quality

Good

Low

Value As Of

2022-02-13 03:14:33

SELL SCORE

Rating Property Details

Courtesy of Nancy Sammons, 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: 02/18/22 Page 1/2


Sell Score

370

ESTIMATED VALUE

RealAVM™

$834,900

Confidence Score

68

RealAVM™ Range

$726,363 - $943,437

Forecast Standard Deviation

13

Value As Of

02/15/2022

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal. (2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales. (3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LAST MARKET SALE & SALES HISTORY

Sale Date

04/08/2005

Deed Type

Warranty Deed

Sale Price

$428,424

Owner Name

Johnson Elizabeth J

Price per SqFt - Finished

$149.85

Seller

Kdb Homes Inc

Document Number

31165

Sale Date

04/08/2005

Sale Price

$428,424

Buyer

Johnson Zane C & Elizabeth J

Buyer

Johnson Elizabeth J

Seller

Kdb Homes Inc

Document Number

31165

Document Type

Warranty Deed

Title Company

First American Heritage Title

MORTGAGE HISTORY

Mortgage Date

05/07/2008

10/19/2005

04/11/2005

04/11/2005

Mortgage Amount

$93,758

$50,000

$130,000

$277,000

Mortgage Lender

Wells Fargo Bk Na

Wells Fargo Bk Na

Dhi Mtg Co Ltd

Dhi Mtg Co Ltd

Borrower

Johnson Zane C

Johnson Zane C

Johnson Zane C

Johnson Zane C

Borrower

Johnson Elizabeth J

Johnson Elizabeth J

Johnson Elizabeth J

Johnson Elizabeth J

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

1st Time Sale

1st Time Sale

Adjustable Int Rate Loan

Fixed Rate Loan

Fixed Rate Loan

Mortgage Int Rate Type Mortgage Term

10

40

30

10

Mortgage Term

Years

Years

Years

Years

Title Company

Custom Recording Solution s

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Nancy Sammons, 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: 02/18/22 Page 2/2


Map of Property Locations

5520 Spur Cross Trail, Parker, CO Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:

Search Criteria Listing Id is 5545422 Property Type is 'Residential' Selected 1 of 1 result.

80134 5545422 Closed 06/15/21 $850,000 SFR 5,655 6/5 303-573-7469


Full Property View - Client

5520 Spur Cross Trail, Parker, CO 80134

----

Listing ID:

$850,000 - Closed

5545422

MLS Status: Closed Close Price: $850,000 County: Douglas List Price: $850,000 Property Type: Residential Original List Price: $850,000 Property Subtype: Single Family Residence Structure Type: House Basement: Yes Levels: One Year Built: 2006 Subdivision Name: Pinery West Listing Contract Date: 05/27/2021 Spec. Listing Cond: None Known Purchase Contract Date: 05/29/2021 Contingency: None Known Close Date: 06/15/2021 Days in MLS: 2 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $340.00 Tax Annual Amt: $6,419 Tax Year: 2020 Tax Legal Desc: LOT 12 PINERY WEST FLG 1E 0.282 AM/L

Interior Area & SqFt Building Area Total (SqFt Total): 5,655 Living Area (SqFt Finished): 5,655 Area Source: Public Records Above Grade Finished Area: 2,827 Below Grade Total Area: 2,828 Below Grade Finished Area: 2,828 Below Grade Unfinished Area: 0 PSF Total: $150 PSF Above Grade: $301 PSF Finished: $150 Basement: Daylight, Exterior Entry, Full, Walk-Out Bsmnt Ceiling Ht: Access Foundation: Fireplace: 2/Family Room, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, InLaw Floor Plan, Jack & Jill Bath, Kitchen Island, Master Suite, Open Floorplan, Pantry, Radon Mitigation System, Smoke Free, Spa/Hot Tub, Utility Sink, Walk-In Closet(s), Wet Bar, Wired for Data Security Features: Carbon Monoxide Detector(s), Security Flooring: Carpet, Wood System Double Pane Windows, Window Window Features: Spa Features: Coverings Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Sump Pump, Washer Other Equipment: Laundry: In Unit Exclusions: Sellers personal property

Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:

6 0 3 0 3

Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:

5 0 3 0 2

Bathrooms Full: Three Quarter: Half: One Quarter:

2 2 1 0

Detailed Room Info Room Type Bathroom (1/2) Bathroom (Full) Master Bathroom (Full) Master Bedroom Bedroom Bedroom Laundry Office Family Room Living Room Kitchen Dining Room Kitchen Media Room Bathroom (3/4) Bathroom (3/4) Bedroom Bedroom Living Room Mud Room Bedroom

Rm Level Main Main

Dimensions Description

Main Main Main Main Main Main Main Main Main Main Basement Basement Basement Basement Basement Basement Basement Main Basement

Parking Parking Total: 3 Parking Type Garage (Attached)

# of Spaces 3

Garage Spaces: 3 Parking Length Parking Width

Offstreet Spaces: Parking Description

Association Information Association Name: Association Type: Association Phone:

Association 1 Pradera Community Professionally Managed 303-420-4433

Association 2

Association 3

0


Association Website: Assoc Fee/Frequency: $340.00 Annually Assoc Fee Annual: $340.00 Assoc Fee Tot Annl: $340.00 Assoc Fee Incl: Trash Assoc Amenities: Clubhouse, Pool Restriction Covenants:

$0.00

$0.00

Pets Allowed:

Senior Community:

No

Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:

0.28 Acres / 12,284 SqFt

Fencing:

Full

Irrigated, Landscaped, Sprinklers In Front, Sprinklers In Rear Paved/Public Road Road Responsibility: Elementary School: Mountain View / Douglas RE-1 Bldg/Complex Name: Middle/Junior Sch: Sagewood / Douglas RE-1 High School: Ponderosa / Douglas RE-1 Parcel Number: R0441712 School of Choice: Is Incorporated: Zoning: PDU Walk Score: 4 View Walk, Bike, & Transit Scores

Building Information Architectural Style: Direction Faces: South Construction Materials: Frame Roof: Composition Patio/Porch Feat: Front Porch

View: Exterior Features: Pool Features:

Balcony, Lighting, Private Yard, Spa/Hot Tub

Water & Utilities Water Included:

Yes

Water Source:

Public

Sewer:

Public Sewer

Public Remarks Don’t miss this stunning, incredibly functional, multi-generational friendly floorplan that truly offers Colorado living at its best. The entrance from the covered patio and professionally landscaped front yard opens to a wonderful great room boasting large, light-filled windows and a gas fireplace. As you make your way to the spacious living room and eat-in kitchen, you are greeted with natural light, high ceilings, granite countertops, an abundance of cabinets, stainless steel appliances, a grand center island, a second fireplace and hardwood floors that lead to a large composite deck perfect for hosting summer night BBQs with family and friends. Make your way down the hall and through the French doors that lead to your master suite featuring walk-out access to the oversized deck, a 5-piece bathroom with a jetted tub, and large walkin closet. Two additional bedrooms are featured on the main level, and an office with stunning glass French doors. The fully finished basement is truly an entertainers dream with a full kitchen, theatre room, 3 additional bedrooms, two full bathrooms, and plenty of space for game tables and a private gym. Host guests in the 2 private suites featuring a jack and jill vanity, wet bar, and private access through the walkout basement. As you make your way outside to your expansive fenced in yard, adore the beautifully landscaped scenery as you soak in the hot tub while embracing the 300 days of sunshine that Colorado has to offer.

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 02/18/2022 11:45:37 AM



Search Criteria Listing Id is 5545422 Property Type is 'Residential' Selected 1 of 1 result.


Listing Id is 5545422 Property Type is 'Residential'

Residential Closed Properties Listing ID Address

City

5545422 5520 Spur Cross TRL

Parker Count: 1

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

6

5

2,827

5,655

5,655

06/15/21

$301

$150

$150

Averages:

2,827

5,655

5,655

$301

$150

$150

Closed Price:

Report Totals

Presented By: Nancy Sammons Generated on: 02/18/2022

Count : 1

Averages:

High $850,000

SqFt Abv 2,827

SqFt Ttl 5,655

Low $850,000 Sqft Fin 5,655

PSF Abv $ 301

PSF Fin DIM Orig Price

2 2

List Price Close Price

CP/OLP

850,000

$850,000 $850,000

100%

$850,000

$850,000 $850,000

100%

Orig Price $850,000

List Price Close Price $850,000 $850,000

CP/OLP 100 %

Median $850,000 PSF Ttl

$150

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

PSF Fin $150

CMA 1-Line Page 1 of 1




Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.