1117 Copeland

COMPETITIVE MARKET ANALYSIS

1117 Copeland Creek Dr, Rohnert Park 94928 Prepared for: Lisa Mendivil 10-4–18

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

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 Selds 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.

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

2

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

Map Of Comparable Homes

STATUS:

MLS #

1

STATUS

Subject

ADDRESS

BEDS

BATHS

1117 Copeland Creek Dr

3

S = SOLD

A = ACTIVE

SQFT

PRICE

2.00

1,427

-

2 21820419

S

6454 Amberwood Street

3

2.00

1,503

$515,000

3 21814700

S

7594 Bernice Avenue

3

2.00

1,200

$540,000

4 21820284

S

7031 Almond Street

3

2.00

1,200

$450,000

5 21822550

A

540 Baron Drive

4

2.00

1,400

$510,000

6 21823254

A

7348 castile Court

3

2.00

1,506

$578,000

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

4

Listings

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

6454 Amberwood Street $515,000 SOLD

9/24/18

Rohnert Park, CA 94928

MLS #21820419

3 Beds 2 Baths

1,503 Sq. Ft. ($343 / sqft)

Year Built 1978

Days on market: 42

Details Prop Type: Single Family Residence

Acres: 0.12

Sold date: 9/24/18

Orig list price: $500,000

Lot Size: 5,227

Off-market date: 9/24/18

County: Sonoma

Garages: 2

Updated: Sep 24, 2018 9:10 AM

Area: Cotati/Rohnert Park

List date: 8/1/18

List Price: $500,000

Auction: No

Floors: Hardwood

LotSizeUnits: Acres

AssociationYN: false

Special Listing Conditions: None

Utilities: Internet Available, PG&E, Other

Construction Type: Wood Frame

Heat/Cool: Ceiling Fan(s), Central Heat

Senior: No

View(s): Other

Sewer/Septic: Sewer Public

Exterior: Stucco, Wood Siding

Lot Description: Level

2nd Unit on Lot: No

LivingAreaSource: Realist Public Rec

Roof: Composition

PropertyAttachedYN: false

Full baths: 2.0

Features

Fireplace(s): Other

Remarks Single Level, Open Toor plan 3 bedroom 2 bath home in great location. Side of home gate swings open with enough room to park boat or car on side of home. Updated Kitchen with island and recessed lighting. Don't let this one get away!

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

6

Comparative Market Analysis

6454 Amberwood Street $515,000 SOLD

9/24/18

1117 Copeland Creek Drive, Rohnert Park, California 94928 Rohnert Park, CA 94928

MLS #21820419

3 Beds 2 Baths

1,503 Sq. Ft. ($343 / sqft)

Year Built 1978

Days on market: 42

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

7

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

7594 Bernice Avenue

Rohnert Park, CA 94928

$540,000 SOLD

7/9/18

MLS #21814700

3 Beds 2 Baths

1,200 Sq. Ft. ($450 / sqft)

Year Built 1964

Days on market: 23

Details Prop Type: Single Family Residence

Acres: 0.14

Sold date: 7/9/18

Orig list price: $519,000

Lot Size: 6,199

Off-market date: 7/9/18

County: Sonoma

Garages: 2

Updated: Jul 9, 2018 4:29 PM

Area: Cotati/Rohnert Park

List date: 6/12/18

List Price: $519,000

LotSizeUnits: Acres

Floors: Laminate, W/W Carpet

Gar/Prk: 2 Car, Garage, Attached, Auto Door

Construction Type: Wood Frame

Foundation: Concrete Perimeter

Roof: Composition

Utilities: Gas Water Heater, PG&E

Dining Room: Dining Area

AssociationYN: false

Special Listing Conditions: Other

LivingAreaSource: Realist Public Rec

Exterior: Stucco, Wood Siding

Heat/Cool: Central Heat

Senior: No

Lot Description: Level

Sewer/Septic: Sewer Public

Fireplace(s): 1 Fireplace, Wood Burning

Living Room: Fireplace(s)

2nd Unit on Lot: No

Full baths: 2.0

Features Auction: No

PropertyAttachedYN: false

Remarks Cute single level 3 bedroom 2 bath home! Bright sunny kitchen with granite counters and stainless steel appliances. New carpet, ample living area with cozy Sreplace. Updated baths. Dual pane windows. Spacious yard is ideal for entertaining.

Two car garage with extra storage.

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

8

Comparative Market Analysis

7594 Bernice Avenue $540,000 SOLD

7/9/18

1117 Copeland Creek Drive, Rohnert Park, California 94928 Rohnert Park, CA 94928

MLS #21814700

3 Beds 2 Baths

1,200 Sq. Ft. ($450 / sqft)

Year Built 1964

Days on market: 23

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

9

Comparative Market Analysis

7594 Bernice Avenue

1117 Copeland Creek Drive, Rohnert Park, California 94928 Rohnert Park, CA 94928

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

MLS #21814700

10

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

11

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

7031 Almond Street

Rohnert Park, CA 94928

$450,000 SOLD

9/28/18

MLS #21820284

3 Beds 2 Baths

1,200 Sq. Ft. ($375 / sqft)

Year Built 1960

Days on market: 49

Details Prop Type: Single Family Residence

Acres: 0.16

Sold date: 9/28/18

Orig list price: $479,000

Lot Size: 7,000

Off-market date: 9/29/18

County: Sonoma

Garages: 2

School District: ["Rohnert Updated: Sep 29, 2018 11:36 AM Park"]

Area: Cotati/Rohnert Park

List date: 6/18/18

List Price: $450,000

Auction: No

Living Room

PropertyAttachedYN: false

LotSizeUnits: Acres

Floors: Tile, Vinyl/Linoleum

Gar/Prk: 2 Car, Garage, Attached Roof: Composition

View(s): Mountains Yard/Grounds: Covered Patio(s), Patio(s) LivingAreaSource: Realist Public Rec

Full baths: 2.0

Features

Construction Type: Wood Frame

Foundation: Concrete Perimeter

Dining Room: Kitchen Combo

AssociationYN: false

Special Listing Conditions: Offer As Is

Heat/Cool: Central Heat

Senior: No

Exterior: Stucco

Lot Description: Level

Sewer/Septic: Sewer Public

Fireplace(s): 1 Fireplace,

Living Room: Fireplace(s)

2nd Unit on Lot: No

Utilities: PG&E, Satellite Dish

Remarks Welcome to your new home. Well cared 3 bed. 2 bath home is ready for your family. Large driveway for RV or extra trucks.

Backyard is great for entertaining with covered patio. Raised beds for your farm to table dinners with artichokes.

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

12

Comparative Market Analysis

7031 Almond Street $450,000 SOLD

9/28/18

1117 Copeland Creek Drive, Rohnert Park, California 94928 Rohnert Park, CA 94928

MLS #21820284

3 Beds 2 Baths

1,200 Sq. Ft. ($375 / sqft)

Year Built 1960

Days on market: 49

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

13

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

540 Baron Drive $510,000 ACTIVE

MLS #21822550

Rohnert Park, CA 94928

8/27/18

4 Beds 2 Baths

1,400 Sq. Ft. ($364 / sqft)

Year Built 1966

Days on market: 30

Details Prop Type: Single Family Residence

Full baths: 2.0

Garages: 2

Updated: Sep 27, 2018 4:24 AM

Acres: 0.14

List date: 8/27/18

List Price: $510,000

County: Sonoma

Lot Size: 6,098

Off-market date: 8/28/18

Orig list price: $510,000

Auction: No

AssociationYN: false

Senior: No

LotSizeUnits: Acres

Heat/Cool: Natural Gas

Sewer/Septic: Sewer Public

LivingAreaSource: Realist Public Rec

Construction Type: Wood Frame

Lot Description: City

2nd Unit on Lot: No

Gar/Prk: 2 Car

PropertyAttachedYN: false

Exterior: Wood Siding

Special Listing Conditions: None

Utilities: PG&E

Area: Cotati/Rohnert Park

Features

Fireplace(s): 1 Fireplace

Virtual Tour URL: https://www.homesandland.com/ UnbrandedVirtualTour/?53927940&Vir

Remarks 4 bedroom, 2 bath single story home in Rohnert Park. Family room with wood-burning Sreplace. Walk-in closet in master bedroom. Mature, low maintenance landscaping. 2 car attached garage. Bonus - boat or RV parking! Close to public transportation and shopping.

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

14

Comparative Market Analysis

540 Baron Drive $510,000 ACTIVE

8/27/18

1117 Copeland Creek Drive, Rohnert Park, California 94928

MLS #21822550

Rohnert Park, CA 94928

4 Beds 2 Baths

1,400 Sq. Ft. ($364 / sqft)

Year Built 1966

Days on market: 30

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

15

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

7348 castile Court

Rohnert Park, CA 94928

$578,000 ACTIVE

8/22/18

MLS #21823254

3 Beds 2 Baths

1,506 Sq. Ft. ($384 / sqft)

Year Built 1977

Days on market: 30

Details Prop Type: Single Family Residence

Full baths: 2.0

Garages: 2

Updated: Oct 5, 2018 2:40 AM

Acres: 0.19

List date: 8/22/18

List Price: $578,000

County: Sonoma

Lot Size: 8,342

Off-market date: 9/5/18

Orig list price: $589,000

Foundation: Concrete Perimeter

Auto Door, Off Street, RV/ Boat

2nd Unit on Lot: No

AssociationYN: false

Roof: Composition, Shingle

Utilities: PG&E

Dining Room: LR/DR Combo

Heat/Cool: Ceiling Fan(s), Gas

Special Listing Conditions: Offer As Is

LivingAreaSource: Realist Public Rec

Exterior: Steel Siding, Other

Lot Description: Cul-De-Sac

Senior: No

Fencing: Wood Board

Gar/Prk: 2 Car, Attached,

Sewer/Septic: Sewer Public

Area: Cotati/Rohnert Park

Features Auction: No LotSizeUnits: Acres Construction Type: Wood Frame

PropertyAttachedYN: false

Remarks Single Level 3/2 on a large lot located in an ideal cul-de-sac location. Boasting Hardwood Floors, high baseboards, dual pane windows, recessed lighting, new3 dishwasher, scraped ceiling, new master shower and so much more. Possible Boat/RV parking and possible setback to allow an additional unit. Many opportunities here to enjoy don't wait but run to see this while you have the chance. .

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

16

Comparative Market Analysis

7348 castile Court $578,000 ACTIVE

8/22/18

1117 Copeland Creek Drive, Rohnert Park, California 94928 Rohnert Park, CA 94928

MLS #21823254

3 Beds 2 Baths

1,506 Sq. Ft. ($384 / sqft)

Year Built 1977

Days on market: 30

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

17

Comparative Market Analysis

7348 castile Court

1117 Copeland Creek Drive, Rohnert Park, California 94928 Rohnert Park, CA 94928

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

MLS #21823254

18

Analysis

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

Comparable Property Statistics S

A

Sold Listings

Active Listings

HIGHEST PRICE

$540,000

AVERAGE PRICE

$501,667

AVG DOM

LOWEST PRICE

$450,000

SOLD LISTINGS

HIGHEST PRICE

$578,000

AVERAGE PRICE

$544,000

AVG DOM

LOWEST PRICE

$510,000

ACTIVE LISTINGS

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

AVG PRICE / SQFT

AVG PRICE / SQFT

$389 38 3

$374 30 2

20

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

Sold Property Analysis Averages

102.5%

Homes sold for an average of 102.5% of their list price.

38

Days on market

It took an average of 38 days for a home to sell.

Analysis ADDRESS

LIST PRICE

SOLD PRICE

% OF LIST PRICE

DOM

$ PER SQFT

6454 Amberwood Street

$500,000

$515,000

103.0%

42

$343

7594 Bernice Avenue

$519,000

$540,000

104.0%

23

$450

7031 Almond Street

$450,000

$450,000

100.0%

49

$375

$489,667

$501,667

102.5%

38

$389

Averages

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

21

Comparative Market Analysis

1117 Copeland Creek Drive, Rohnert Park, California 94928

The Value of Your Home In a neighborhood of similar homes, why is one worth more than another? That's the question that's teased buyers and sellers for ages, but the answer is simple.

Every home is different When a home is sold, a willing seller and a willing buyer determine the value of that home with the sale price. That price then becomes a benchmark for other similar homes, but other factors come into play. The most important are:

Location The closer a home is to jobs, parks, transportation, schools, and community services, the more desirable it is.

Size Square footage impacts home value because a larger home is built using more materials, and gives the homeowner more usable space. And a larger lot size could mean more privacy than a smaller one.

Number of bedrooms and baths Additional bedrooms and bathrooms raise the value of a home compared to similar homes that do not have those rooms.

Features and <nishes Features such as outdoor kitchens and spa baths make a home more luxurious. A home Snished with hardwood Toors and granite countertops is going to cost more than a home with carpet and laminate countertops.

Condition The closer a home is to new construction, the more it will retain its value. It's perceived as more modern, up to date, and perhaps safer. Homes that are not updated or in poor repair sell for less as purchasers' factor in the cost of updating and eventually replacing appliances and systems.

Curb appeal From the street, the home looks clean, fresh, and inviting. Fresh landscaping and Towers won't change the size or location, but they certainly add charm.

When two homes are identical in the same neighborhood, a higher price may come down to something as simple as views, paint colors, or the overall taste of the homeowner.

Tony Toney - RE/MAX Marketplace - Mobile: 7072911712 - tonytoney@remax.net - Tonytoney.com - : 01996945

22

Curious what your home could sell for?

Already considering moving Ready to see yourself somewhere new?

Call us now!

707.291.1712

David Rendino Erika Hernandez-Rendino Realtors/Founding Partners Drendino@mac.com

Tony Toney Direct: 707-291-1712 Tonytoney@remax.net