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