1000 Sumner Court Market Research

Comparative Market Analysis

1000 Sumner Ct Erie, CO 80516

1000 Sumner Price Reduction Research JULY 19, 2023

Cody Smetzer | cody@elitehomepartnersco.com

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

S = CLOSED

BEDS

BATHS

SQFT

PRICE

1000 Sumner Ct

4

4.00

3,222

-

1

Subject

2

4572296

A

881 Sumner Way

5

5.00

4,598

$800,000

3

7393454

A

1000 Sumner Court

4

4.00

4,668

$775,000

4

IR985577

A

1364 Jackson Drive

4

4.00

4,829

$899,000

5

IR981027

S

231 Northrup Drive

4

3.00

4,132

$763,000

6

IR988453

S

1904 Clark Court

4

4.00

3,291

$755,000

7

2651811

S

375 Woodson Drive

4

5.00

3,413

$725,000

Cody Smetzer 7202023941

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

881 Sumner Way $800,000 ACTIVE

MLS #4572296

Erie, CO 80516

5 Beds 5.00 Baths

4,598 Sq. Ft. ($174 / sqft)

Year Built 2014

7/14/23

Days on market: 5

Details Prop Type: Single Family Residence

3/4 Baths: 1.0 Half baths: 1.0

Updated: Jul 19, 2023 12:58 AM

School District: St. Vrain Valley RE-1J

County: Boulder

Lot Size (sqft): 6,753

List Price: $800,000

High: Erie

Subdivision: Sunwest North

Garages: 4

Orig list price: $800,000

Middle: Erie

Style: Traditional

List date: 7/14/23

Assoc Fee: $65

Elementary: Red Hawk

Full baths: 3.0

Taxes: $5,641

Features Appliances: Bar Fridge, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Oven, Refrigerator, Sump Pump, Washer

Association Phone: 7209744129

Exterior Features: Barbecue, Lighting, Spa/Hot Tub

Association Yn: true

Fencing: Full

Basement: Finished

Association Amenities: Playground

Below Grade Unfinished Area: 182.0

Fireplace Features: Family Room

Association Fee Frequency: Monthly

Building Area Source: Public Records

Flooring: Carpet, Laminate, Tile, Wood

Association Fee Includes: Capital Reserves, Trash

Common Walls: No Common Walls

Foundation Details: Slab

Association Name: Sunwest HOA

Construction Materials: Brick, Frame

Listing Terms: Cash, Conventional, Jumbo

Cooling: Central Air

Living Area Total: 4416

Cody Smetzer 7202023941

Fireplaces Total: 1

Heating: Forced Air

Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Ceilings, In-Law Floor Plan, Kitchen Island, Pantry, Primary Suite, Radon Mitigation System, Spa/Hot Tub, Utility Sink, Walk-In Closet(s), Wet Bar Levels: Two

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Main Level Bathrooms: 1

Road Surface Type: Paved

Structure Type: House

Water Source: Public

Parking Features: Concrete, Oversized, Tandem

Roof: Composition

Tax Legal Description: LOT 10 BLK 3 SUNWEST NORTH

Window Features: Double Pane Windows, Window Coverings

Parking Total: 4 Patio And Porch: Front Porch, Patio Pets Allowed: Cats OK, Dogs OK

Security Features: Carbon Monoxide Detector(s), Radon Detector, Smoke Detector(s), Video Doorbell Senior Community Yn: false

Tax Year: 2022 Utilities: Electricity Connected, Natural Gas Connected Virtual Tour: View

Sewer: Public Sewer

Remarks Step into this fabulous 5-bedroom, 5 bathroom home with a 4 car garage. The floor plan is open with a nod to traditional. There is plenty of room for a separate formal living room/dining room that flows beautifully into the kitchen/family area. The gas fireplace adds warmth to the family area and the massive kitchen is perfect for entertaining. Double ovens, a gas cooktop, and plenty of counterspace/cabinets will bring out your inner chef. The large, stone patio adds the perfect outdoor entertainment space for BBQing, enjoying the included hot tub or just relaxing. The main floor does have a laundry area, powder room and separate office. Upstairs you will find a massive primary bedroom with a coffee bar, large south facing windows bringing in so much natural light, a spa-like ensuite bath adding to this private oasis. Two bedrooms share a full bathroom, and the fourth bedroom has its own private bath. The finished basement has its own fully equipped kitchen, double doors leading into a workout room, 6th bedroom, additional home office or whatever works best for you. A large screen, built-in speakers are included for an awesome media room. A conforming 5th bedroom with a 3/4's bath gives your guest so much privacy and living space. Large utility room with 2nd HVAC system, new furnace in the basement, 2nd laundry room plumbed for a sink, storage under the staircase and a radon mitigation system. Close to the Erie Rec Center, Old Town and numerous trails. Enjoy the farmer's market in Old Town on Thursday, fun for everyone. So many activities throughout the year make with a small-town feel. Easy commute to Boulder and Denver make this location so desirable. This home has it all...!!!! Roof will be replaced before closing. Don't wait, call Kathryn for your private tour today...!!!

Courtesy of Coldwell Banker Realty 18 Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparative Market Analysis

881 Sumner Way $800,000 ACTIVE

1000 Sumner Court, Erie, Colorado 80516

MLS #4572296

Erie, CO 80516

5 Beds 5.00 Baths

7/14/23

Cody Smetzer 7202023941

Year Built 2014

4,598 Sq. Ft. ($174 / sqft) Days on market: 5

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

1000 Sumner Court $775,000 ACTIVE

MLS #7393454

Erie, CO 80516

4 Beds 4.00 Baths Year Built 2014

7/6/23

4,668 Sq. Ft. ($166 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,452

Orig list price: $775,000

Middle: Erie

Garages: 4

Assoc Fee: $170

Elementary: Red Hawk

County: Boulder

List date: 7/6/23

Taxes: $5,198

Subdivision: Sunwest North Full baths: 3.0

Updated: Jul 10, 2023 3:01 AM

School District: St. Vrain Valley RE-1J

Half baths: 1.0

List Price: $775,000

High: Erie

Below Grade Unfinished Area: 1446.0

Heating: Forced Air, Natural Gas

Construction Materials: Frame, Vinyl Siding

Horse Yn: false

Features Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer Association Fee Frequency: Quarterly Association Fee Includes: Trash

Exterior Features: Private Yard

Interior Features: Eat-in Kitchen, Five Piece Bath, Kitchen Island, Primary Suite, Smoke Free, Walk-In Closet(s)

Association Name: Sunwest Homeowners Association

Fencing: Full

Levels: Two

Fireplace Features: Family Room, Gas, Gas Log

Listing Terms: Cash, Conventional, FHA, VA Loan

Fireplaces Total: 1

Living Area Total: 3222

Association Phone: 303-232-9200 Association Yn: true Basement: Unfinished

Cody Smetzer 7202023941

Cooling: Central Air

Flooring: Carpet, Linoleum, Wood

Lot Features: Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1

Road Responsibility: Public Maintained Road

Parking Total: 4 Road Frontage Type: Public Road

Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector(s)

Comparative Market Analysis

Senior Community Yn: false

1000 Sumner Court, Erie, Colorado 80516

Tax Year: 2022

Sewer: Public Sewer Structure Type: House Tax Legal Description: LOT 7 BLK 1 SUNWEST NORTH

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

Water Source: Public Window Features: Double Pane Windows

Remarks Experience the perfect blend of luxury and comfort in this stunning 4 bedroom, 4 bathroom home in Erie, Colorado. Located on a spacious corner lot, this beautiful property offers an array of top-notch features and amenities for you and your family to enjoy.

Entertain guests and create unforgettable family memories in the open concept great room with a cozy gas fireplace. The adjacent kitchen boasts hardwood floors, a breakfast nook, brand-new paint finishes, new carpet with premium pads, and state-of-the-art appliances, making meal preparation a breeze. Escape to your private oasis in the primary suite retreat, complete with a 5-piece ensuite bathroom. Relax and unwind in the luxurious soaking tub, or indulge in a rejuvenating shower in the separate glass enclosure.

Each of the additional three bedrooms offers ample space and comfort for family members or guests. The three other full bathrooms are designed with modern fixtures and finishes, ensuring a harmonious blend of style and practicality. Step outside to enjoy the beautifully landscaped yard, perfect for outdoor activities and gatherings. Just a short walk away, you'll find a picturesque park for leisurely strolls and recreation. The 4-car garage provides plenty of space for vehicles, storage, or even a workshop. Nestled in the charming town of Erie, this exceptional home is close to top-rated schools, shopping, dining, and recreational opportunities. With easy access to Boulder and Denver, you'll enjoy the best of both worlds a serene suburban lifestyle with urban conveniences. Don't miss the chance to make this exquisite Erie, Colorado property your forever home. Contact us today to schedule a personal tour and experience all this stunning 4 bed, 4 bath home has to offer.

Courtesy of Keller Williams Integrity Real Estate LLC Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparative Market Analysis

1000 Sumner Court $775,000 ACTIVE

1000 Sumner Court, Erie, Colorado 80516

MLS #7393454

Erie, CO 80516

4 Beds 4.00 Baths

7/6/23

Cody Smetzer 7202023941

Year Built 2014

4,668 Sq. Ft. ($166 / sqft) Days on market: 4

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

1364 Jackson Drive $899,000 ACTIVE

MLS #IR985577

Erie, CO 80516

4/15/23

4 Beds 4.00 Baths

4,829 Sq. Ft. ($186 / sqft)

Year Built 2018

Days on market: 75

Details Prop Type: Single Family Residence

Half baths: 1.0

List Price: $899,000

High: Erie

Lot Size (sqft): 6,678

Orig list price: $990,000

Middle: Erie

County: Boulder

Garages: 3

Assoc Fee: $65

Elementary: Red Hawk

Subdivision: Creekside

List date: 4/15/23

Taxes: $5,407

Style: Contemporary

Updated: Jun 28, 2023 12:20 PM

School District: St. Vrain Valley RE-1J

Association Yn: true

Fireplace Features: Gas, Gas Log, Great Room

Full baths: 3.0

Features Appliances: Dishwasher, Disposal, Down Draft, Microwave, Oven, Refrigerator Association Amenities: Park, Trail(s) Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves Association Name: Homestead Mgmt- Creekside Association Phone: 303-547-1444

Cody Smetzer 7202023941

Basement: Full, Unfinished Below Grade Unfinished Area: 1382.0 Building Area Source: Assessor Construction Materials: Stone, Wood Frame Cooling: Ceiling Fan(s), Central Air Direction Faces: North Fencing: Fenced

Heating: Forced Air Interior Features: Eat-in Kitchen, Jack & Jill Bath, Kitchen Island, Open Floorplan, Pantry, Smart Thermostat, Vaulted Ceiling(s), Walk-In Closet(s) Laundry Features: In Unit Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan

Living Area Total: 3447 Lot Features: Cul-De-Sac, Open Space, Rolling Slope, Sprinklers In Front Main Level Bathrooms: 1 Other Equipment: Satellite Dish Parking Features: Oversized, Tandem Parking Total: 3 Patio And Porch: Patio Possible Use: Residential

Comparative Market Analysis

Road Frontage Type: Public Road

1000 Sumner Court, Erie, Colorado 80516

Structure Type: House

Road Surface Type: Paved

Tax Legal Description: LOT 10 BLK 8 CREEKSIDE

Roof: Composition

Tax Year: 2022

Sewer: Public Sewer

Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Virtual Tour: View Water Source: Public

Vegetation: Wooded

Window Features: Double Pane Windows, Window Coverings

View: City, Mountain(s)

Zoning: SFR

Remarks Welcome to your dream home with mountain views! This stunning property is nestled in a quiet, safe subdivision, close to elementary and middle schools, with open space in the backyard, and easy access to trails, playgrounds, and parks. This practically brand-new home is in excellent condition and is now available for you to make it yours. This beautiful home comes with the added benefit of NO METRO TAX and low HOA monthly dues, making it an even more affordable and attractive option for prospective buyers. Step inside and experience the huge open concept with a remarkable kitchen and pantry, well appointed great room, separate dining space and office for a luxurious main level. The upstairs is designed for maximum comfort, with room for everyone. The primary bedroom boasts million-dollar views of the mountain range and a beautiful bathroom with ample space. Two separate walk-in closets provide all the space you need for your shopping trends. There are four roomy bedrooms upstairs, all with large closet space, and three full bathrooms. Want simplicity? The spacious upstairs laundry room eases the timing of chores while being tucked away and quiet. The spacious yet cozy loft is ideal for relaxing, watching tv, and hanging out. The full-size unfinished basement with extended height to ceilings provides so much potential for any additional space needed. Enjoy some Downtown flare as Old Town Erie is nearby, with all the fun shops and restaurants to keep you entertained. You'll love the neighborhood and highly rated St Vrain Valley School District.

This home truly has it all, and it won't last long. Act fast and make it yours today!

Courtesy of RE/MAX Nexus Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparative Market Analysis

1364 Jackson Drive $899,000 ACTIVE

4/15/23

Cody Smetzer 7202023941

1000 Sumner Court, Erie, Colorado 80516

MLS #IR985577

Erie, CO 80516

4 Beds 4.00 Baths

4,829 Sq. Ft. ($186 / sqft)

Year Built 2018

Days on market: 75

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

231 Northrup Drive $763,000 CLOSED

MLS #IR981027

Erie, CO 80516

3/23/23

4 Beds 3.00 Baths

4,132 Sq. Ft. ($185 / sqft)

Year Built 2005

Days on market: 17

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,653 Garages: 3

Updated: Mar 23, 2023 9:30 AM

School District: St. Vrain Valley RE-1J

County: Boulder

List date: 1/24/23

List Price: $775,000

High: Erie

Subdivision: Creekside

Sold date: 3/23/23

Orig list price: $795,000

Middle: Erie

Full baths: 2.0

Off-market date: 3/23/23

Assoc Fee: $75

Elementary: Red Hawk

Half baths: 1.0

Taxes: $4,709

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Washer Association Amenities: Park, Playground, Trail(s)

Association Yn: true

Fireplace Features: Gas

Basement: Unfinished

Flooring: Tile, Wood

Below Grade Unfinished Area: 1441.0

Heating: Forced Air

Concessions: Cash

Interior Features: Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

Concessions Amount: 14000

Laundry Features: In Unit

Association Name: Creekside Homestead Management

Construction Materials: Wood Frame

Levels: Two

Association Phone: 3034571444

Cooling: Central Air

Listing Terms: Cash, Conventional, FHA, VA Loan

Direction Faces: West

Living Area Total: 2691

Association Fee Frequency: Monthly Association Fee Includes: Trash

Cody Smetzer 7202023941

Building Area Source: Assessor

Lot Features: Corner Lot, Flood Zone, Level, Sprinklers In Front Main Level Bathrooms: 1 Parking Total: 3 Patio And Porch: Patio Possible Use: Residential Road Frontage Type: Public Road Road Surface Type: Paved Roof: Composition

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Security Features: Smoke Detector

Tax Legal Description: LOT 1 BLK 2 CREEKSIDE

Virtual Tour: View

Sewer: Public Sewer

Tax Year: 2021

Structure Type: House

Utilities: Electricity Available, Natural Gas Available

Window Features: Window Coverings

Zoning: R

Water Source: Public

Remarks Beautiful home on a large corner lot in Erie! You will love living in this gorgeous 4 bedroom 3 bathroom home with a 3-car garage.

Inside, you'll discover a welcoming living room, formal dining area, and a bright & airy family room with picture windows, a delightful fireplace, and walnut wood flooring throughout. The modern kitchen boasts recessed lighting, white cabinets with crown molding, SS appliances, gas range, tile backsplash, a breakfast bar, and a breakfast nook with backyard access. Also on the main level gorgeous French doors lead to the sizable den or home office. Next to a half bath and the laundry room. Upstairs you will find a large loft is ideal for a TV area or another home office. The primary suite enjoys vaulted ceilings, a bay window, an elegant ensuite with dual sinks, a soaking tub, shower and a walk-in closet. Upstairs you will find 3 additional bedrooms, all with west-facing windows and stunning mountain views. Finish it off with a full bathroom with dual vanity. A spacious unfinished basement ready for your finishing touches. The delightful backyard includes a patio perfect for relaxing or hosting fun barbecues! Near neighborhood park and walking trails and just a block from Redhawk Elementary. A must-see gem!

Courtesy of RE/MAX Vista Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparative Market Analysis

231 Northrup Drive $763,000 CLOSED

3/23/23

Cody Smetzer 7202023941

1000 Sumner Court, Erie, Colorado 80516

MLS #IR981027

Erie, CO 80516

4 Beds 3.00 Baths

4,132 Sq. Ft. ($185 / sqft)

Year Built 2005

Days on market: 17

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

1904 Clark Court $755,000 CLOSED

MLS #IR988453

Erie, CO 80516

4 Beds 4.00 Baths

3,291 Sq. Ft. ($229 / sqft)

Year Built 1999

6/29/23

Days on market: 5

Details Prop Type: Single Family Residence

Full baths: 2.0

Sold date: 6/29/23

Assoc Fee: $100

3/4 Baths: 1.0

Off-market date: 6/29/23

County: Boulder

Half baths: 1.0

Subdivision: CANYON CREEK FLG 2 CORRECTION - ER

Lot Size (sqft): 8,898

Updated: Jun 29, 2023 11:30 AM

School District: St. Vrain Valley RE-1J

Garages: 2

List Price: $745,000

Middle: Erie

Style: Contemporary

List date: 5/23/23

Orig list price: $745,000

Elementary: Erie

Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Oven, Refrigerator

Association Phone: 303-952-4004

Fireplace Features: Gas

Association Yn: true

Association Amenities: Park, Trail(s)

Heating: Forced Air

Lot Features: Corner Lot, CulDe-Sac, Level, Sprinklers In Front

Basement: Full

Construction Materials: Wood Frame

Interior Features: Eat-in Kitchen, Five Piece Bath, Jack & Jill Bath, Kitchen Island, Open Floorplan, Walk-In Closet(s), Wet Bar

Cooling: Central Air

Levels: Two

Exterior Features: Spa/Hot Tub

Listing Terms: Cash, Conventional

Fencing: Fenced, Partial

Living Area Total: 3291

High: Erie

Features

Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Trash Association Name: Canyon Creek South

Cody Smetzer 7202023941

Building Area Source: Assessor

Flooring: Wood

Main Level Bathrooms: 1 Parking Features: Oversized Parking Total: 2 Patio And Porch: Deck Possible Use: Residential Road Surface Type: Paved Roof: Composition Security Features: Smoke Detector

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Structure Type: House

Tax Year: 2023

Virtual Tour: View

Tax Legal Description: LOT 20 BLK 1 CANYON CREEK FLG 2 CORRECTION PLAT

Utilities: Natural Gas Available

Water Source: Public

Vegetation: Wooded

Window Features: Bay Window(s) Zoning: RES

Remarks Here's your chance to live in one of the most established neighborhoods in West Erie! This home sits on the largest corner lot in the cul-de-sac, boasting mature trees and a backyard oasis complete with a hot tub and gazebo. Generous square footage invites main level entertaining with an eat-in kitchen and formal dining area that opens to a family room, office with built-ins and laundry. Upstairs you'll find two bedrooms with a Jack and Jill bath and a spacious primary bedroom with tastefully updated ensuite. Head downstairs to a finished basement set up to entertain with a custom cherry wood bar and media area wired for surround sound, gym space, guest suite with walk-in closet, an updated full bathroom with double shower heads, an additional office/project space with built-ins and plenty of storage! New roof coming, upgraded 50-gallon water heater, fresh interior paint, new carriage-style insulated garage door, extended driveway and 2.5 car garage. Nestled in a quiet Boulder county community with numerous parks, endless biking/walking paths, towering trees and mountain views. Walking distance to nearby Thomas Reservoir, minutes to Erie Community Park, rec center, library, and charming downtown. Close to 287 and easy access to I25, ideal location near Boulder and Longmont. NO METRO TAXES!

Courtesy of Homestead Real Estate, LLC Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparative Market Analysis

1904 Clark Court $755,000 CLOSED

1000 Sumner Court, Erie, Colorado 80516

MLS #IR988453

Erie, CO 80516

4 Beds 4.00 Baths

6/29/23

Cody Smetzer 7202023941

Year Built 1999

3,291 Sq. Ft. ($229 / sqft) Days on market: 5

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

375 Woodson Drive $725,000 CLOSED

MLS #2651811

Erie, CO 80516

4 Beds 5.00 Baths

3,413 Sq. Ft. ($212 / sqft)

Year Built 1998

4/25/23

Days on market: 8

Details Prop Type: Single Family Residence

Lot Size (sqft): 6,499 Garages: 3

Updated: Apr 26, 2023 2:09 AM

School District: St. Vrain Valley RE-1J

County: Boulder

List date: 3/10/23

List Price: $725,000

High: Erie

Subdivision: Sunwest

Sold date: 4/25/23

Orig list price: $725,000

Middle: Erie

Full baths: 3.0

Off-market date: 3/18/23

Assoc Fee: $162

Elementary: Red Hawk

Half baths: 2.0

Taxes: $3,195

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer Association Amenities: Park, Playground, Trail(s) Association Fee Frequency: Quarterly Association Fee Includes: Maintenance Grounds Association Name: Sunwest HOA Association Phone: (720) 974-4129

Cody Smetzer 7202023941

Association Yn: true

Fencing: Full

Basement: Finished

Fireplace Features: Gas, Living Room

Building Area Source: Public Records

Living Area Total: 3413

Concessions: Buyer Credit/ Incentives

Flooring: Carpet, Wood

Lot Features: Sprinklers In Front, Sprinklers In Rear

Heating: Forced Air

Main Level Bathrooms: 1

Concessions Amount: 1000

Interior Features: Ceiling Fan(s), Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)

Parking Features: Finished

Levels: Two

Senior Community Yn: false

Construction Materials: Frame Cooling: Central Air Exterior Features: Lighting, Rain Gutters, Spa/Hot Tub, Water Feature

Fireplaces Total: 1

Listing Terms: Cash, Conventional, FHA, Jumbo

Parking Total: 3 Patio And Porch: Patio Roof: Composition Sewer: Public Sewer

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Structure Type: House

Tax Year: 2022

Tax Legal Description: LOT 29 BLK 8 SUNWEST SUB

Water Source: Public

Window Features: Double Pane Windows, Skylight(s)

Remarks Pride of ownership shows from the moment you walk in the door. You will notice the gorgeous hardwood floors and vaulted ceilings on the main floor as well as the sky lights in the living room. When you make your way into the dining room/ family room you will notice how big this area is and how much natural light is let in with all of the windows. Right around the corner is the eat-in kitchen that offers granite countertops, stainless steel appliances, tons of counter space and an island. The kitchen is open to the living room and is a great place to entertain! In the living room there is a gas fireplace, built ins and 2 skylights! Off of the living room is a large room that could be used as an office or a non-conforming bedroom and had an attached half bathroom with a large storage closet.

Upstairs at the end of the hallway is a large bedroom with a big walk-in closet. Additionally, there is an updated full bathroom with a large soaker tub, granite countertops and a skylight. There is a 2nd large bedroom upstairs as well! Across the walkway is the primary suite that includes a walk-in closet, an updated bathroom with granite countertops, a tiled shower, bathtub, double sinks and 2 large windows. There is also a laundry chute in the linen closet in the bathroom. High quality new, carpet and padding throughout the upstairs. In the basement there is a bedroom bathroom suite, a large living room and a powder room. Also, a large storage area. The backyard oasis has been landscaped with a great stone patio, a small pond and a grassy area all surrounded by large mature trees. This home is surrounded by walking paths, close to great school and the expanding downtown Erie.

Courtesy of Due South Realty Information is deemed reliable but not guaranteed.

Cody Smetzer 7202023941

Comparative Market Analysis

375 Woodson Drive $725,000 CLOSED

1000 Sumner Court, Erie, Colorado 80516

MLS #2651811

Erie, CO 80516

4 Beds 5.00 Baths

4/25/23

Cody Smetzer 7202023941

Year Built 1998

3,413 Sq. Ft. ($212 / sqft) Days on market: 8

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Comparable Property Statistics A

S

3 Active Listings LOWEST

AVERAGE

HIGH

$775,000

$824,666

$899,000

LOWEST

AVERAGE

HIGH

$725,000

$747,666

$763,000

AVG PRICE / SQFT

AVG DOM

$175

28

AVG PRICE / SQFT

AVG DOM

$209

10

3 Sold Listings

Cody Smetzer 7202023941

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Sold Property Analysis Averages

99.11%

Homes sold for an average of 99.11% of their list price.

10

Days on market

It took an average of 10 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

231 Northrup Drive

$795,000

$763,000

95.97%

17

$185

1904 Clark Court

$745,000

$755,000

101.34%

5

$229

375 Woodson Drive

$725,000

$725,000

100.00%

8

$212

$755,000

$747,667

99.11%

10

$209

Averages

Cody Smetzer 7202023941

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

881 Sumner Way

-

5

5.00

4,598

$800,000

$174

1000 Sumner Court

-

4

4.00

4,668

$775,000

$166

1364 Jackson Drive

-

4

4.00

4,829

$899,000

$186

4,698

$824,666

$175

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

231 Northrup Drive

3/23/23

4

3.00

4,132

$763,000

$185

1904 Clark Court

6/29/23

4

4.00

3,291

$755,000

$229

375 Woodson Drive

4/25/23

4

5.00

3,413

$725,000

$212

3,612

$747,666

$209

Averages

Cody Smetzer 7202023941

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

INTELLIGENT PRICING & TIMING

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.

Comparative Market Analysis

1000 Sumner Court, Erie, Colorado 80516

Suggested List Price

Analysis of the comparable properties suggests a list price range of:

$725,000 - $745,000 $225 / sqft - $231 / sqft

Comparable Averages per Status A

3 Active

S

3 Sold

$824,666 $175 / sqft

$747,666 $209 / sqft

$824,667 $175 / sqft

$747,667 $209 / sqft

28 Days on Market

10 Days on Market

Disclaimer 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 fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Cody Smetzer 7202023941