3332 Decatur St Denver, CO 80211_Price Analysis

at Keller Williams Integrity

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

John Joy NOVEMBER 9, 2022

Shaunte Brown

3332 Decatur St, Denver, CO 80211-3240, Denver County APN: 2291-28-042

CLIP: 5227331743

Beds 2

Full Baths 1

Half Baths N/A

Sale Price $251,000

Bldg Sq Ft 940

Lot Sq Ft 3,125

Yr Built 1900

Type TH/RH

Sale Date 04/12/2007

OWNER INFORMATION

Owner Name

Joy John D

Mailing ZIP 4

1650

Mailing Address

4230 Knox Ct

Mailing Carrier Route

C033

Mailing City & State

Denver, CO

Owner Occupied

No

Mailing Zip

80211

LOCATION INFORMATION

Property Zip

80211

Topography

Flat/Level

Property Zip4

3240

Neighborhood Code

Highland-0234

Property Carrier Route

C018

Neighborhood Name (OnBoard)

Highland

School District

Denver County 1

Traffic

Local

Elementary School

Edison

Township

03S

Middle School

Strive Sunnyside

Range

68W

High School

North

Section

29

Subdivision

Raes Re Sub

Quarter

NE

Zoning

U-TU-B

Block

28

Census Tract

4.03

Lot

8

PIN

2291-28-042

% Improved

28%

Schedule Number

0229128042000

Tax District

DENV

Legal Description

POTTER HIGHLANDBLK 28 L8 RA ES RESUB OF BLK 28 TO 30

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2022 - Preliminary

2021

2020

2019

Market Value - Land

$321,700

$321,700

$321,700

$306,400

Market Value - Improved

$124,200

$124,200

$123,600

$131,100

Market Value - Total

$445,900

$445,900

$445,300

$437,500

Assessed Value - Land

$22,360

$23,000

$21,910

$21,910

Assessed Value - Improved

$8,630

$8,880

$9,370

$9,370

Assessed Value - Total

$30,990

$31,880

$31,280

$31,280

YOY Assessed Change (%)

-2.79%

1.92%

0%

YOY Assessed Change ($)

-$890

$600

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,256

2020 2021

$2,321

$65

2.88%

$2,379

$58

2.5%

CHARACTERISTICS

Lot Acres

0.0717

Total Rooms

4

Lot Sq Ft

3,125

Bedrooms

2

Land Use - County

Row House Misc

Baths - Total

1

Land Use - CoreLogic

Townhouse/Rowhouse

Baths - Full

1

Style

Row House

Stories

1

Year Built

1900

Fireplace

Y

Bldg Sq Ft - Above Ground

940

Fireplaces

1

Bldg Sq Ft - Basement

280

Heat Type

Warm Air

Bldg Sq Ft - Total

1,220

Patio Type

Wood Deck

Bldg Sq Ft - Finished

940

Garage Type

Detached Garage

Bldg Sq Ft - 1st Floor

940

Garage Sq Ft

220

Basement Type

Partial

Exterior

Brick

# Buildings

1

Quality

Average

FEATURES

Property Details

Courtesy of Shaunte Brown, 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: 11/09/22 Page 1/3

Feature Type

Size/Qty

Opn Prch-Frm

64

Opn Prch-Frm

68

Prch-Encl Unfin

82

Wd Deck

134

Det Garage-Frm

220

SELL SCORE

Rating

Moderate

Sell Score

510

Value As Of

2022-11-06 04:33:38

ESTIMATED VALUE

RealAVM™

$636,700

Confidence Score

81

RealAVM™ Range

$572,600 - $700,700

Forecast Standard Deviation

10

Value As Of

10/24/2022

(1) RealAVM™ is a CoreLogic® derived value and should not be used in lieu of an appraisal.

(2) The Confidence Score is a measure of the extent to which sales data, property information, and comparable sales support the property valuation analysis process. The confidence score range is 50 - 100. Clear and consistent quality and quantity of data drive higher confidence scores while lower confidence scores indicate diversity in data, lower quality and quantity of data, and/or limited similarity of the subject property to comparable sales.

(3) The FSD denotes confidence in an AVM estimate and uses a consistent scale and meaning to generate a standardized confidence metric. The FSD is a statistic that measures the likely range or dispersion an AVM estimate will fall within, based on the consistency of the information available to the AVM at the time of estimation. The FSD can be used to create confidence that the true value has a statistical degree of certainty.

LAST MARKET SALE & SALES HISTORY

Sale Date

04/12/2007

Deed Type

Warranty Deed

Sale Price

$251,000

Owner Name

Joy John D

Price per SqFt - Finished

$267.02

Seller

Right Angle LLC

Document Number

71834

Sale Date

04/12/2007

Sale Price

$251,000

04/12/2007

Nominal Buyer

Joy John D

05/26/2006

Y

Y

Right Angle LLC

Right Angle LLC

Buyer

05/26/2006

11/01/1991

$337,415

$57,950

Nordstrom Ents LLC

Quintana Seferino R

Amy & Carol LLC

Seller

Right Angle LLC

Right Angle LLC

Nordstrom Ents LLC

Quintana Seferino R & Julia M

Strang James W & Stra ng Sharyl

Document Number

71834

71833

90430

90425

109988

Document Type

Warranty Deed

Quit Claim Deed

Quit Claim Deed

Warranty Deed

Warranty Deed

Title Company

Land Title Corp

Land Title Corp

Security Title Co

Security Title Co

Sale Date

03/01/1990

09/13/1989

Sale Price

$23,900

$17,623

11/23/1987

Buyer

Strang James W & Sharyl

Phh Asset Management

Adm Of Veterans Affrs

Buyer

Strang Sharyl

Seller

Phh Asset Management

Adm Of Veterans Affrs

Fleet National Bk

Document Number

22824

86189

220689

Document Type

Special Warranty Deed

Special Warranty Deed

Deed (Reg)

Nominal

Title Company MORTGAGE HISTORY

Mortgage Date

04/17/2015

05/20/2009

05/05/2007

06/11/2006

12/02/2004

Mortgage Amount

$173,250

$200,000

$200,800

$193,450

$30,000

Mortgage Lender

Megastar Fin'l Corp

America's Mtg LLC

Bank Of America

Peak Nat'l Bk

US Bk Na/Nd

Borrower

Joy John D

Joy John D

Joy John D

Right Angle LLC

Quintana Seferino R

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Resale

Nominal

Refi

Mortgage Term

15

30

30

Mortgage Term

Years

Years

Years

Title Company

Land Title Guarantee

Land Title Corp

Borrower

Quintana Julia M

Mortgage Int Rate Type

Mortgage Date Property Details

Fixed Rate Loan

07/05/2000

First American Equity Loan Svc

11/07/1991

03/14/1990

Courtesy of Shaunte Brown, 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: 11/09/22 Page 2/3

Mortgage Amount

$10,000

Mortgage Lender

Gmac Mtg

$54,950

$32,000

Borrower

Quintana Seferino R

Borrower

Quintana Julia M

Mortgage Type

Conventional

Private Party Lender

Conventional

Mortgage Purpose

Refi

Resale

Resale

Sage Cap Corp Quintana Seferino R

Strang James W Strang Sharyl

Mortgage Int Rate Type Mortgage Term Mortgage Term Title Company PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Shaunte Brown, 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: 11/09/22 Page 3/3

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

Online Valuation Analysis How accurate are Zestimates?

0.4%

$2,600

Zestimates varied up to 0.4% or $2,600 compared to actual MLS prices.

S

2 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

3352 Clay Street

10/7/22

$568,000

$570,300

0.4%

3241 Clay Street

10/18/22

$590,000

$592,600

0.4%

Source: Zillow

Shaunte Brown Cell: 7207674024

4

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

S = CLOSED

BEDS

BATHS

SQFT

PRICE

3332 Decatur St

2

1.00

940

-

1

Subject

2

7845123

S

3352 Clay Street

2

1.00

857

$568,000

3

6789816

S

3241 Clay Street

2

1.00

839

$590,000

Shaunte Brown Cell: 7207674024

5

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

3352 Clay Street $568,000 CLOSED

MLS #7845123

Denver, CO 80211

2 Beds 1.00 Baths Year Built 1905

10/7/22

857 Sq. Ft. ($663 / sqft) Days on market: 28

Details Prop Type: Multi-Family

Lot Size (sqft): 1,720

County: Denver Subdivision: Potter Highlands

School District: Denver 1

List date: 8/19/22

Updated: Oct 7, 2022 7:46 AM

Sold date: 10/7/22

List Price: $585,000

Middle: Skinner

Off-market date: 9/16/22

Orig list price: $585,000

Elementary: Edison

3/4 Baths: 1.0

High: North

Taxes: $2,109

Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer

Concessions Amount: 3250

Fireplaces Total: 1

Construction Materials: Brick

Flooring: Tile, Wood

Lot Features: Sprinklers In Rear

Foundation Details: Slab

Main Level Bathrooms: 1

Association Yn: false

Cooling: Air ConditioningRoom

Furnished: Unfurnished

Main Level Bedrooms: 2

Heating: Forced Air

Patio And Porch: Deck, Front Porch

Basement: Partial, Unfinished Below Grade Unfinished Area: 330.0 Building Area Source: Appraiser Common Walls: End Unit, 1 Common Wall Concessions: Buyer Closing Costs/Seller Points Paid

Direction Faces: West Distance To Bus Numeric: 2 Distance To Bus Units: Blocks Exterior Features: Private Yard

Interior Features: Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Smoke Free Laundry Features: In Unit Levels: One

Fencing: Full

Listing Terms: Cash, Conventional, FHA, VA Loan

Fireplace Features: Living Room

Living Area Total: 857

Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition

Shaunte Brown Cell: 7207674024

6

Comparative Market Analysis

Security Features: Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Duplex

3332 Decatur Street, Denver, Colorado 80211

Tax Legal Description: POTTER HIGHLANDS RUSSELLS RESUB B27 W 68FT OF L2 & W 68 FT OF S 0.3FT OF L1

Tax Year: 2021

Window Features: Skylight(s)

Utilities: Cable Available, Electricity Available

Zoning: U-TU-B

Virtual Tour: View Water Source: Public

Remarks Incredible opportunity to own in the coveted Potter Highland Historic District! This charming, bright 1/2 duplex boasts hardwood floors, an abundance of natural light, skylight and *** NO HOA! *** Immaculately maintained and move-in ready.

An open floor plan boasts a formal dining area that opens to the adorable kitchen allowing you to entertain flawlessly. The updated bathroom was thoughtfully remodeled and expanded with a large walk-in shower. Spacious closet in the 2nd bedroom and large built-in closet in the primary bedroom. Impressive unfinished lower level with massive storage space and laundry area including washer and dryer. The generous, private yard is fully fenced with mature gardens & fresh sod; perfect for enjoying beautiful Colorado summer nights. Ample street parking. Entertainment abounds with restaurants, shops, and parks galore including the Holiday Theatre, Park Burger, Duo, Spuntino, Highland Tap and Burger, and so many more are just a five minute walk down 32nd Ave. Hop on your bike and arrive at Confluence Park then further into downtown within ten minutes. The famous Little Man Ice Cream, Coors Field Broncos Stadium and so much more are in your backyard; you absolutely cannot find a neighborhood with more to do. Walk to everything; downtown Denver, restaurants, retail, entertainment, and the Holiday theatre. Quick access to I-25, I-70, walking, biking, and jogging trails...you simply cannot beat this location!!

Shaunte Brown Cell: 7207674024

7

Comparative Market Analysis

3352 Clay Street $568,000 CLOSED

10/7/22

3332 Decatur Street, Denver, Colorado 80211

MLS #7845123

Denver, CO 80211

2 Beds 1.00 Baths Year Built 1905

857 Sq. Ft. ($663 / sqft) Days on market: 28

Shaunte Brown Cell: 7207674024

8

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

3241 Clay Street $590,000 CLOSED

MLS #6789816

Denver, CO 80211

2 Beds 1.00 Baths Year Built 1910

10/18/22

839 Sq. Ft. ($703 / sqft) Days on market: 9

Details Prop Type: Multi-Family

Garages: 1

List Price: $585,000

Middle: Bryant-Webster

County: Denver

List date: 9/13/22

Orig list price: $585,000

Elementary: Edison

Subdivision: Potter Highlands

Sold date: 10/18/22

Taxes: $2,303

Off-market date: 9/22/22

School District: Denver 1

3/4 Baths: 1.0

Updated: Oct 18, 2022 5:34 AM

High: North

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

Concessions: Buyer Closing Costs/Seller Points Paid

Fireplace Features: Family Room

Living Area Total: 839

Concessions Amount: 5150

Fireplaces Total: 1

Association Yn: false

Main Level Bedrooms: 2

Flooring: Tile, Wood

Basement: Partial

Construction Materials: Brick, Frame

Parking Features: Exterior Access Door

Below Grade Unfinished Area: 336.0

Cooling: Air ConditioningRoom, Evaporative Cooling

Parking Total: 2

Building Area Source: Appraiser

Direction Faces: East

Interior Features: Granite Counters, High Ceilings, Open Floorplan

Entry Location: Ground

Laundry Features: In Unit

Common Walls: End Unit, No One Above, No One Below, 1 Common Wall

Exterior Features: Garden, Private Yard

Levels: One

Property Condition: Updated/Remodeled

Listing Terms: Cash, Conventional, FHA, VA Loan

Road Frontage Type: Public Road

Lot Size (sqft): 3,149

Features

Fencing: Full

Heating: Forced Air

Main Level Bathrooms: 1

Patio And Porch: Front Porch, Patio

Shaunte Brown Cell: 7207674024

9

Comparative Market Analysis

Road Surface Type: Paved Roof: Membrane Senior Community Yn: false Sewer: Public Sewer

3332 Decatur Street, Denver, Colorado 80211

Tax Legal Description: POTTER HIGHLANDS DAVIS SUB BLK 33 L 6 & S .3FT L 5

Utilities: Electricity Connected, Natural Gas Connected

Window Features: Double Pane Windows, Window Coverings

Tax Year: 2021

Water Source: Public

Zoning: U-TU-B

Structure Type: Townhouse

Remarks Welcome to 3241 Clay Street, a classic Denver half-duplex brimming with historic character, charm, and modern updates.

Elevated from the street and beautifully landscaped, the home sits in one of the most accessible but private locations in the Historic Potter Highlands neighborhood, just blocks from Denver's hottest restaurants and shops. Beyond the front porch, the main level is bright, spacious and efficient. An inviting living room welcomes you and leads to a dining room and freshly updated, stylish kitchen. The south facing bedrooms are large and bright sharing an updated bathroom pristine with a modern palette. The backyard is a quiet oasis within the city, landscaped with fresh sod and a seating area.

A detached 1 car garage with additional parking space completes the lot. Washer and dryer included, new roof. This home is a one of a kind mix of vintage charm, modern conveniences, livability and design details that are rarely found at this price point. Blocks away from some of the best restaurants in Denver; MiddleState Coffee, Spuntino, Wooden Spoon, Duo, Park Burger, Uncle, Bar Dough...just to name a few. Easy access to LoHi, Berkeley, Sunnyside, West Highlands, Jefferson Park...plus a quick drive to LoDo and an easy commute to the mountains!

Shaunte Brown Cell: 7207674024

10

Comparative Market Analysis

3241 Clay Street $590,000 CLOSED

10/18/22

3332 Decatur Street, Denver, Colorado 80211

MLS #6789816

Denver, CO 80211

2 Beds 1.00 Baths Year Built 1910

839 Sq. Ft. ($703 / sqft) Days on market: 9

Shaunte Brown Cell: 7207674024

11

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

Comparable Property Statistics S

2 Sold Listings LOWEST

$568,000

AVERAGE

$579,000

HIGH

$590,000

AVG PRICE / SQFT

AVG DOM

$683

18

Shaunte Brown Cell: 7207674024

12

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

Sold Property Analysis Averages

99.0%

Homes sold for an average of 99.0% of their list price.

18

Days on market

It took an average of 18 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

3352 Clay Street

$585,000

$568,000

97.09%

28

$663

3241 Clay Street

$585,000

$590,000

100.85%

9

$703

$585,000

$579,000

98.97%

18

$683

Averages

Shaunte Brown Cell: 7207674024

13

Comparative Market Analysis

3332 Decatur Street, Denver, Colorado 80211

Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3352 Clay Street

10/7/22

2

1.00

857

$568,000

$663

3241 Clay Street

10/18/22

2

1.00

839

$590,000

$703

848

$579,000

$683

Averages

Shaunte Brown Cell: 7207674024

14

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

720.208.7200 TheBarticGroup.com A Veteran Owned Business