6820 W IOWA AVE Market Analysis

at Keller Williams Integrity

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

6820 W IOWA AVE Market Analysis SEPTEMBER 19, 2022

Suleka Amin The Bartic Group at Keller Williams

6820 W Iowa Ave, Lakewood, CO 80232-6940, Jefferson County APN: 015107

CLIP: 5168143654

Beds 4

Full Baths 2

Half Baths 1

Sale Price $182,500

Bldg Sq Ft 1,040

Lot Sq Ft 7,280

Yr Built 1957

Type SFR

Sale Date 10/25/2001

OWNER INFORMATION

Owner Name

Zekaria Murad

Mailing Zip

80232

Owner Name 2

Guedi Chankaroon

Mailing ZIP 4

6940

Mailing Address

6820 W Iowa Ave

Mailing Carrier Route

C009

Mailing City & State

Lakewood, CO

Owner Occupied

Yes

Property Zip

80232

Topography

Slope

Property Zip4

6940

Neighborhood Code

Cloverdale West / Lo-3017

Property Carrier Route

C009

Neighborhood Name (OnBoard)

Lasley

School District

Jefferson County R-1

Township

04

Elementary School

Lasley

Range

69

Middle School

Alameda Int'l

Section

23

High School

Alameda

Quarter

SE

Subdivision

Calahan Homes

Block

3

Census Tract

118.04

Lot

2

PIN

015107

% Improved

57%

Alternate PIN

49-234-03-008

Tax District

7015

Schedule Number

015107

Legal Description

SECTION 23 TOWNSHIP 04 RANG E 69 SUBDIVISIONCD 104600 SUB DIVISIONNAME CALAHAN HOMES UNIT 1 BLOCK 003 LOT 0002 SIZE: 7280 TRACT VALUE: .167

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$151,651

$116,348

$116,348

Market Value - Improved

$203,056

$187,767

$187,767

Market Value - Total

$354,707

$304,115

$304,115

Assessed Value - Land

$10,843

$8,319

$8,319

Assessed Value - Improved

$14,519

$13,425

$13,425

Assessed Value - Total

$25,362

$21,744

$21,744

YOY Assessed Change (%)

16.64%

0%

YOY Assessed Change ($)

$3,618

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$1,972

2020

$1,997

$25

1.29%

2021

$2,337

$340

17.04%

CHARACTERISTICS

Lot Acres

0.1671

Bedrooms

4

Lot Sq Ft

7,280

Baths - Total

3

Land Use - CoreLogic

SFR

Baths - Full

2

Building Type

Single Family

Baths - Half

1

Style

Ranch

Stories

1

Year Built

1957

Fireplace

Y

Bldg Sq Ft - Above Ground

1,040

Fireplaces

2

Bldg Sq Ft - Basement

1,040

Heat Type

Forced Air

Bldg Sq Ft - Finished Basement

1,040

Construction

Metal

Bldg Sq Ft - Finished

1,040

Water

Type Unknown

Bldg Sq Ft - 1st Floor

1,040

Sewer

Type Unknown

Basement Type

Finished

Quality

Fair

# Buildings

1

Property Details

Courtesy of Suleka Amin, 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: 09/19/22 Page 1/3

FEATURES

Feature Type

Size/Qty

Basement Total

1,040

First Floor

1,040

SELL SCORE

Rating

Very Low

Sell Score

327

Value As Of

2022-09-18 04:30:02

ESTIMATED VALUE

RealAVM™

$524,200

Confidence Score

76

RealAVM™ Range

$463,700 - $584,600

Forecast Standard Deviation

12

Value As Of

09/06/2022

(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

10/25/2001

Deed Type

Warranty Deed

Sale Price

$182,500

Owner Name

Zekaria Murad

Price per SqFt - Finished

$175.48

Owner Name 2

Guedi Chankaroon

Document Number

F1345393

Seller

Dobrowski Michael A & Kristen

Sale Type

Full

Sale Date

10/25/2001

08/14/1998

Sale Price

$182,500

$126,000

Buyer

Zekaria Murad

Dobrowski Michael A & Kristen

Buyer

10/20/1997

Taylor Kim M

Dobrowski Kristen

Seller

Dobrowski Michael A & Kristen

Taylor Louise K

Owner Record

Document Number

F1345393

F0677623

F0677622

Document Type

Warranty Deed

Personal Representative's Deed

Deed (Reg)

Title Company

First American Heritage Title

Multi/Split Sale Type

Multi

MORTGAGE HISTORY

Mortgage Date

02/06/2012

06/11/2003

10/26/2001

01/26/2001

08/20/1998

Mortgage Amount

$142,000

$178,920

$179,957

$10,000

$127,720

Mortgage Lender

Westerra Cu

Clarion Mtg Cap Inc

* Other Institutional Le nders

Credit Union/Denver

Praski Mtg Inc

Borrower

Guedi Chankaroon

Zekaria Murad

Zekaria Murad

Dobrowski Michael A

Dobrowski Michael A

Borrower

Zekaria Murad

Guedi Chankaroon

Dobrowski Kristen

Dobrowski Kristen

Mortgage Type

Conventional

Fha

Fha

Conventional

Va

Mortgage Purpose

Refi

Refi

Resale

Refi

Resale

Mortgage Int Rate

5.5

6.5

Mortgage Int Rate Type

Fixed Rate Loan

7

Mortgage Term

15

30

30

15

Mortgage Term

Years

Years

Years

Years

Title Company

Fidelity Nat'l Title Ins C o

Title America

Property Details

Chicago Title Co

Courtesy of Suleka Amin, 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: 09/19/22 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Suleka Amin, 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: 09/19/22 Page 3/3

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

BEDS

BATHS

6820 W Iowa Ave

4

P = PENDING

S = CLOSED

SQFT

PRICE

3.00

1,040

-

1

Subject

2

1710272

P

1453 S Pierce Street

4

2.00

1,214

$395,000

3

7687740

S

1471 S Saulsbury Street

3

2.00

1,450

$399,000

4

1680455

S

7030 W Calahan Avenue

3

1.00

1,404

$551,000

5

7301242

S

7090 W Iowa Avenue

5

3.00

2,080

$560,000

6

1735547

S

1515 S Quay Drive

4

3.00

2,369

$625,000

7

7514842

S

7065 W Oregon Drive

5

3.00

2,385

$665,000

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

4

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

1453 S Pierce Street

Lakewood, CO 80232

$395,000 PENDING

9/9/22

MLS #1710272

4 Beds 2.00 Baths

1,214 Sq. Ft. ($325 / sqft)

Year Built 2004

Days on market: 76

Details Prop Type: Multi-Family

List date: 6/25/22

Orig list price: $408,000

Middle: Alameda Int'l

County: Jefferson

Pending date: 9/9/22

Assoc Fee: $230

Elementary: Deane

Subdivision: Clover Knoll Flg 3

Off-market date: 9/9/22

Taxes: $1,858

Full baths: 2.0

Updated: Sep 9, 2022 6:37 AM

School District: Jefferson County R-1

Lot Size (sqft):

List Price: $395,000

High: Alameda Int'l

Association Phone: 303-482-2213

Heating: Forced Air

Features Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Self Cleaning Oven, Washer Association Fee Frequency: Monthly Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash Association Name: Parkview West HOA

Association Yn: true Building Area Source: Public Records

Interior Features: Breakfast Nook, Granite Counters, Smoke Free Levels: Two

Building Name: Linvale Stonebridge

Listing Terms: Cash, Conventional, FHA

Common Walls: End Unit

Living Area Total: 1214

Construction Materials: Frame

Main Level Bathrooms: 1

Cooling: Central Air

Parking Total: 1

Flooring: Stone, Tile, Wood

Patio And Porch: Patio

Property Condition: Updated/Remodeled Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse

Main Level Bedrooms: 1

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

5

Comparative Market Analysis

Tax Legal Description: SECTION 23 TOWNSHIP 04 RANGE 69 QTR NE SUBDIVISIONCD 132610 SUBDIVISIONNAME CLOVER KNOLL FLG 3 BLOCK 001 LOT 0010 SIZE: 604 TRACT VALUE: .014

6820 West Iowa Avenue, Lakewood, Colorado 80232

Tax Year: 2020 Water Source: Public Window Features: Double Pane Windows, Window Coverings

Remarks Welcome home! This beautiful 4 bedroom townhome is ready for you to make it your own. Enjoy this end unit townhome, for the most privacy. The home has been loved by one owner and updated throughout. The living room flows into the kitchen area, that gives you access to the private, fenced in back patio. There is a front bedroom on the main level, that would make a perfect office. The upstairs offers the additional 3 bedrooms. This home has updated bathrooms, an updated kitchen with granite counter tops, a gorgeous stone backsplash, heated flooring, a large walk in custom shower upstairs and a brand new washer and dryer that are included. This home is close to the popular Belmar neighborhood where you can enjoy the best shopping, restaurants and also still be close to Denver.

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

6

Comparative Market Analysis

1453 S Pierce Street $395,000 PENDING

9/9/22

6820 West Iowa Avenue, Lakewood, Colorado 80232 Lakewood, CO 80232

MLS #1710272

4 Beds 2.00 Baths

1,214 Sq. Ft. ($325 / sqft)

Year Built 2004

Days on market: 76

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

7

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

1471 S Saulsbury Street $399,000 CLOSED

Lakewood, CO 80232

3 Beds 2.00 Baths Year Built 1962

9/16/22

MLS #7687740 1,450 Sq. Ft. ($275 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

3/4 Baths: 1.0 Lot Size (sqft): 7,357

Updated: Sep 16, 2022 10:32 AM

School District: Jefferson County R-1

County: Jefferson

List date: 8/25/22

List Price: $399,000

High: Alameda Int'l

Subdivision: Cloverdale West

Sold date: 9/16/22

Orig list price: $399,000

Middle: Alameda Int'l

Off-market date: 8/28/22

Taxes: $2,375

Elementary: Emory

Basement: Crawl Space

Construction Materials: Frame

Interior Features: No Stairs, Open Floorplan

Building Area Source: Public Records

Cooling: Attic Fan, Evaporative Cooling

Laundry Features: In Unit

Patio And Porch: Covered, Front Porch, Patio

Carport Spaces: 1

Direction Faces: East

Levels: One

Roof: Composition

Common Walls: No Common Walls

Exterior Features: Private Yard

Listing Terms: Cash, Other

Senior Community Yn: false

Concessions: Buyer Closing Costs/Seller Points Paid

Fireplace Features: Family Room

Living Area Total: 1450

Sewer: Public Sewer

Main Level Bathrooms: 2

Structure Type: House

Fireplaces Total: 1

Main Level Bedrooms: 3

Concessions Amount: 4400

Flooring: Tile, Wood

Parking Total: 3

Full baths: 1.0

Features Association Yn: false

Property Condition: Fixer

Heating: Forced Air

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

8

Comparative Market Analysis

Tax Legal Description: SECTION 23 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 170800 SUBDIVISIONNAME COUNTRY LANE RESUB OF BLOCK LOT 0026 SIZE: 7357 TRACT VALUE: .169

6820 West Iowa Avenue, Lakewood, Colorado 80232

Tax Year: 2021 Window Features: Storm Window(s)

Remarks THIS IS A FANTASTIC OPPORTUNITY JUST BLOCKS FROM BELMAR SHOPPING DISTRICT, BELMAR PARK, REC CENTER, OTHER PARKS & PATHS/TRAILS! This Cloverdale West Ranch is Ready for Your TLC and Priced Accordingly. Just Look at the House 4 Doors Down at 1431 S Saulsbury that Recently Sold for $540,000! You'll Love this Superb Floor Plan on a Great Lot! The Floorplan (Floorplan Sketch is in Photos) is Awesome from the 2 Separate Living/Family Rooms, the Large Kitchen w/ Plenty of Space for Dining, the 3 Bedrooms with Great Natural Light & 2 Bathsthis Home Totally Lives Large! Family Room Features a Fireplace Full of Charm & Character & Master Has a Sliding Glass Door to the Back Yard. (Slider Needs Glass). Wood Floors Throughout & Storm Windows in Place! Plus Theres a Huge Utility Room Between the Covered, Attached Carport and the Family Room that Can Also Be Used as a Mud Room or Work Shop or Both! Huge Outdoor Shed Attached to Back Side of Carport is Also There & Is Also a Perfect Work Shop or Storage Center! Tons of Off Street Parking and Even Room for a Camper or RV (as allowed by city/county). You Can Really Make this Home Shine AgainPerfect for an Investor & an Easy Flip or Rental, or Bring Your Design Ideas & Vision to Create Your Dream Home! The Possibilities are Endless!

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

9

Comparative Market Analysis

1471 S Saulsbury Street $399,000 CLOSED

9/16/22

6820 West Iowa Avenue, Lakewood, Colorado 80232 Lakewood, CO 80232

3 Beds 2.00 Baths Year Built 1962

MLS #7687740 1,450 Sq. Ft. ($275 / sqft) Days on market: 3

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

10

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

7030 W Calahan Avenue $551,000 CLOSED

Lakewood, CO 80232

MLS #1680455

3 Beds 1.00 Baths

1,404 Sq. Ft. ($392 / sqft)

Year Built 1959

5/9/22

Days on market: 5

Details Prop Type: Single Family Residence County: Jefferson Subdivision: Cloverdale West Style: Traditional

Lot Size (sqft): 7,840

High: Alameda Int'l

Garages: 1

Updated: May 9, 2022 6:15 AM

List date: 4/6/22

List Price: $525,000

Elementary: Lasley

Sold date: 5/9/22

Orig list price: $525,000

Off-market date: 4/11/22

Taxes: $1,926

Middle: Alameda Int'l

School District: Jefferson County R-1

Full baths: 1.0

Features Appliances: Dishwasher, Microwave, Oven, Refrigerator

Current Use: Live/Work

Living Area Total: 1404

Exterior Features: Private Yard

Lot Features: Corner Lot, Sloped

Association Yn: false

Fencing: Full

Main Level Bathrooms: 1

Structure Type: House

Basement: Crawl Space

Flooring: Carpet, Wood

Main Level Bedrooms: 3

Building Area Source: Public Records

Heating: Forced Air, Natural Gas

Concessions: No

Horse Yn: false

Parking Features: Driveway-Dirt, Finished, Heated Garage, Insulated

Construction Materials: Other

Levels: One

Parking Total: 5

Listing Terms: Cash, Conventional, FHA, VA Loan

Patio And Porch: Deck

Tax Legal Description: SECTION 23 TOWNSHIP 04 RANGE 69 QTR SE SUBDIVISIONCD 104800 SUBDIVISIONNAME CALAHAN HOMES UNIT 2 BLOCK 009 LOT 0001 SIZE: 7874 TRACT VALUE: .181

Cooling: Evaporative Cooling

Roof: Composition

Senior Community Yn: false Sewer: Public Sewer

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

11

Comparative Market Analysis

Tax Year: 2020

6820 West Iowa Avenue, Lakewood, Colorado 80232

Water Source: Public

Virtual Tour: View

Window Features: Double Pane Windows

Zoning: RES

Remarks Welcome home to this great ranch open floor plan. New kitchen with wall removed to open up the roomeverything is new-cabinets, counters, appliances, and a huge island! This kitchen has lots of storage and is perfect for entertaining! Garage has been converted to a HEATED office and dog spa with water, drain, and storage area. This would be perfect for someone that wants to work from home and have their own private office, hair salon, nail salon, pet grooming, etc. Gleaming hardwood floors throughout and a large deck to the private back yard. Shed is perfect for additional storage as well as a pad and electrical already set up for your hot tub. This corner lot with two driveways and is perfect for your camper, boat, or trailer since there is no HOA in this neighborhood-bring your toys! New furnace in 2019, water heater in 2013, rebuilt swamp cooler in 2020. This home has great bones and is ready to move into!

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

12

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

7030 W Calahan Avenue $551,000 CLOSED

5/9/22

Lakewood, CO 80232

MLS #1680455

3 Beds 1.00 Baths

1,404 Sq. Ft. ($392 / sqft)

Year Built 1959

Days on market: 5

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

13

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

7090 W Iowa Avenue

Lakewood, CO 80232

$560,000 CLOSED

5 Beds 3.00 Baths Year Built 1958

4/1/22

MLS #7301242 2,080 Sq. Ft. ($269 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

3/4 Baths: 2.0 Lot Size (sqft): 6,748

Updated: Apr 1, 2022 8:47 AM

School District: Jefferson County R-1

County: Jefferson

List date: 3/3/22

List Price: $450,000

High: Alameda Int'l

Subdivision: Calahan

Sold date: 4/1/22

Orig list price: $450,000

Middle: Alameda Int'l

Style: Traditional

Off-market date: 3/7/22

Taxes: $2,038

Elementary: Lasley

Direction Faces: North

Heating: Forced Air

Electric: 110V, 220 Volts

Interior Features: Pantry, Smart Lights, Walk-In Closet(s)

Parking Features: Concrete

Full baths: 1.0

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Association Yn: false Basement: Finished Building Area Source: Public Records Concessions: No Construction Materials: Brick, Frame Cooling: Evaporative Cooling

Exterior Features: Private Yard Fencing: Partial Fireplace Features: Basement, Wood Burning

Laundry Features: In Unit Levels: One

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

Flooring: Carpet, Tile, Wood

Listing Terms: Cash, Conventional, FHA, VA Loan

Road Responsibility: Public Maintained Road

Foundation Details: Slab

Living Area Total: 2080

Road Surface Type: Paved

Green Energy Efficient: Lighting

Main Level Bathrooms: 2

Roof: Composition

Main Level Bedrooms: 3

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

14

Comparative Market Analysis

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Community Structure Type: House

6820 West Iowa Avenue, Lakewood, Colorado 80232

Tax Legal Description: SECTION 23 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 104600 SUBDIVISIONNAME CALAHAN HOMES UNIT 1 BLOCK 008 LOT 0006 SIZE: 6748 TRACT VALUE: .155

Tax Year: 2020 Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Window Features: Double Pane Windows

Virtual Tour: View Water Source: Public

Remarks With 5 bedrooms, 3 baths, and 2,080 total finished square feet, this single story home offers great family space and flexibility for all your particular needs. The main floor features hardwood flooring throughout the living areas and bedrooms. The cozy living/dining room opens to the kitchen and provides a built-in pantry cabinet plus a small breakfast bar for additional eating space. The kitchen includes all stainless appliances.

The main bedroom suite enjoys a private full bath with newer tile flooring, vanity, mirror, and lighting. Two secondary bedrooms share a hall bath with newer tile floor, vanity, lighting, and clear glass shower enclosure. The finished basement features a spacious family room with a wood-burning stove and attractive brick surround. Two non-conforming bedrooms share a hall bath with newer tile floor, vanity, mirror, and lighting. There is plenty of storage space in the finished storage room, plus extra space in the large laundry/ utility room that includes the washer and dryer. Enjoy BBQs and gatherings in the large, partially fenced backyard with more storage available in the shed.

Dont miss this fantastic opportunity to own a home in the popular Calahan neighborhood! You'll be conveniently close to Belmar shopping, a beautiful park, and more. Hurry - this will go quickly! https://www.zillow.com/view-imx/ 523216aa-117e-4cb7-8d74-7fc6476e751f?setAttribution=mls&wl=true&initialViewType=pano&hidePhotos=true

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

15

Comparative Market Analysis

7090 W Iowa Avenue $560,000 CLOSED

4/1/22

6820 West Iowa Avenue, Lakewood, Colorado 80232 Lakewood, CO 80232

5 Beds 3.00 Baths Year Built 1958

MLS #7301242 2,080 Sq. Ft. ($269 / sqft) Days on market: 4

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

16

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

1515 S Quay Drive

Lakewood, CO 80232

$625,000 CLOSED

4 Beds 3.00 Baths Year Built 1956

7/26/22

MLS #1735547 2,369 Sq. Ft. ($264 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

Full baths: 2.0

Off-market date: 7/11/22

School District: Jefferson County R-1

Half baths: 1.0

County: Jefferson

Lot Size (sqft): 7,820

Updated: Jul 26, 2022 11:12 AM

Subdivision: Calahan Homes

Garages: 1

List Price: $625,000

Middle: Alameda Int'l

List date: 7/6/22

Orig list price: $625,000

Elementary: Lasley

Style: Mid-Century Modern

Sold date: 7/26/22

Taxes: $2,573

Direction Faces: East

Interior Features: High Speed Internet, Pantry, Quartz Counters, Radon Mitigation System

High: Alameda Int'l

Features Appliances: Dishwasher, Oven, Range, Refrigerator Association Yn: false

Exterior Features: Private Yard

Basement: Finished

Fencing: Partial

Building Area Source: Public Records

Fireplace Features: Basement

Carport Spaces: 1

Fireplaces Total: 1

Concessions: No

Flooring: Carpet, Vinyl, Wood

Construction Materials: Brick Cooling: Evaporative Cooling

Heating: Forced Air Horse Yn: false

Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2369 Lot Features: Corner Lot, Sprinklers In Front, Sprinklers In Rear

Main Level Bathrooms: 2 Main Level Bedrooms: 3 Parking Features: Concrete Parking Total: 2 Patio And Porch: Covered, Front Porch, Patio Property Condition: Updated/Remodeled Road Frontage Type: Public Road

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

17

Comparative Market Analysis

Road Responsibility: Public Maintained Road

6820 West Iowa Avenue, Lakewood, Colorado 80232

Sewer: Public Sewer

Tax Legal Description: SECTION 23 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 104600 SUBDIVISIONNAME CALAHAN HOMES UNIT 1 BLOCK 007 LOT 0001 SIZE: 7820 TRACT VALUE: .180

Structure Type: House

Tax Year: 2021

Road Surface Type: Paved Roof: Composition Senior Community Yn: false

Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected Water Source: Public Window Features: Double Pane Windows

Remarks Here's your chance to own a mid-century gem located in the heart of Lakewood! This 1956, 4 bed 3 bath ranch combines vintage beauty with thoughtful modern updates. You will love the functionality of the newly remodeled kitchen with stainless steel appliances, Cambria quartz counter tops and soft close cabinetry. Fabulous pops of design are found throughout the home including the large mud room that could double as an office. Entertain your friends and family with not one but TWO backyard porches and relax in the beautiful landscaping adorned with many fruit trees. Gleaming, original hardwood floors enhance a flowing floor plan, perfect for bringing the party indoors. You'll find an additional 1100+ sq ft in the finished basement with guest bedroom, bath, bar and fireplace-increasing the vintage vibes. Radon mitigation system and all new electrical. Truly a MUST SEE.

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

18

Comparative Market Analysis

1515 S Quay Drive $625,000 CLOSED

7/26/22

6820 West Iowa Avenue, Lakewood, Colorado 80232 Lakewood, CO 80232

4 Beds 3.00 Baths Year Built 1956

MLS #1735547 2,369 Sq. Ft. ($264 / sqft) Days on market: 5

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

19

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

7065 W Oregon Drive

Lakewood, CO 80232

$665,000 CLOSED

5 Beds 3.00 Baths Year Built 1959

5/26/22

MLS #7514842 2,385 Sq. Ft. ($279 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,323 Garages: 2

Updated: May 27, 2022 6:16 AM

School District: Jefferson County R-1

County: Jefferson

List date: 4/22/22

List Price: $659,900

High: Alameda Int'l

Subdivision: Calahan

Sold date: 5/26/22

Orig list price: $659,900

Middle: Alameda Int'l

Style: Traditional

Off-market date: 4/25/22

Taxes: $1,543

Elementary: Lasley

Construction Materials: Brick, Frame

Heating: Forced Air

Main Level Bathrooms: 2

Interior Features: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Suite, Quartz Counters, Smoke Free

Main Level Bedrooms: 2

Full baths: 3.0

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

Cooling: Central Air

Association Yn: false

Exterior Features: Private Yard

Basement: Finished, Full

Fencing: Full

Building Area Source: Public Records

Fireplace Features: Family Room

Concessions: Buyer Closing Costs/Seller Points Paid

Fireplaces Total: 1

Concessions Amount: 1000

Flooring: Carpet, Tile, Wood Foundation Details: Concrete Perimeter

Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2385 Lot Features: Sloped

Parking Total: 6 Patio And Porch: Covered, Front Porch Property Condition: Updated/Remodeled Roof: Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

20

Comparative Market Analysis

Senior Community Yn: false Sewer: Public Sewer Structure Type: House

6820 West Iowa Avenue, Lakewood, Colorado 80232

Tax Legal Description: SECTION 23 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 104800 SUBDIVISIONNAME CALAHAN HOMES UNIT 2 BLOCK 005 LOT 0014 SIZE: 7323 TRACT VALUE: .168

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

Remarks Welcome home to this beautifully remodeled ranch-style home in highly sought-after Lakewood! Boasting an array of sleek finishes and a thoughtful open plan layout, this immaculate 5-bedroom, 3-bathroom home is turn-key and ready to enjoy. Features of this 2385 sq. ft. home include; refinished hardwood floors, tons of natural light, a large driveway, RV parking, new paint throughout interior/exterior, newer mechanicals, newly tiled fireplace, newly tiled and completely upgraded bathrooms, double pane windows, new carpet, private backyard and a 2 car heated oversized garage. Beyond the fabulous finishes, this home has a luminous, open-concept living, dining, kitchen, and family room area. The open kitchen is equipped with quartz countertops, white shaker cabinets, tiled floors, a white herringbone pattern backsplash, and brand-new stainless steel appliances. The master bedroom includes a large double sink ensuite bathroom. The sizable covered front porch area allows for great seating and is the perfect location for your morning coffee. Nearby Parks, Belmar, in and out, shopping, restaurants, and minutes drive to highways. Dont miss this captivating home schedule a tour today!

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

21

Comparative Market Analysis

7065 W Oregon Drive $665,000 CLOSED

5/26/22

6820 West Iowa Avenue, Lakewood, Colorado 80232 Lakewood, CO 80232

5 Beds 3.00 Baths Year Built 1959

MLS #7514842 2,385 Sq. Ft. ($279 / sqft) Days on market: 3

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

22

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

Comparable Property Statistics P

1 Pending Listings LOWEST

$395,000

S

AVERAGE

$395,000

HIGH

$395,000

AVG PRICE / SQFT

AVG DOM

$325

76

AVG PRICE / SQFT

AVG DOM

$296

4

5 Sold Listings LOWEST

$399,000

AVERAGE

$560,000

HIGH

$665,000

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

23

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

Sold Property Analysis Averages

105.3%

Homes sold for an average of 105.3% 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

1471 S Saulsbury Street

$399,000

$399,000

100.00%

3

$275

7030 W Calahan Avenue

$525,000

$551,000

104.95%

5

$392

7090 W Iowa Avenue

$450,000

$560,000

124.44%

4

$269

1515 S Quay Drive

$625,000

$625,000

100.00%

5

$264

7065 W Oregon Drive

$659,900

$665,000

100.77%

3

$279

$531,780

$560,000

105.31%

4

$296

Averages

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

24

Comparative Market Analysis

6820 West Iowa Avenue, Lakewood, Colorado 80232

Summary of Comparable Properties P

PENDING LISTINGS

ADDRESS

1453 S Pierce Street

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

2.00

1,214

$395,000

$325

1,214

$395,000

$325

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

9/16/22

3

2.00

1,450

$399,000

$275

7030 W Calahan Avenue

5/9/22

3

1.00

1,404

$551,000

$392

7090 W Iowa Avenue

4/1/22

5

3.00

2,080

$560,000

$269

1515 S Quay Drive

7/26/22

4

3.00

2,369

$625,000

$264

7065 W Oregon Drive

5/26/22

5

3.00

2,385

$665,000

$279

1,937

$560,000

$296

1471 S Saulsbury Street

Averages

Suleka Amin The Bartic Group at Keller Williams Cell: 7202780699

25

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.

Results That MOVE You

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