Jewel's Custom CMA (Tranquility)

at Keller Williams Integrity

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Jewels Purohit SEPTEMBER 13, 2022

Mark Lovett

3862 Tranquility Trl, Castle Rock, CO 80109-3545, Douglas County APN: R0450744

CLIP: 8837286268

MLS Beds 3

MLS Full Baths 1

MLS Half Baths 1

MLS Sale Price $331,000

MLS Sq Ft 1,491

Lot Sq Ft 1,089

Yr Built 2006

Type TH/RH

MLS Sale Date 01/14/2020

OWNER INFORMATION

Owner Name

Proano Joffre Alexander

Mailing ZIP 4

3545

Mailing Address

3862 Tranquility Trl

Mailing Carrier Route

H070

Mailing City & State

Castle Rock, CO

Owner Occupied

Yes

Mailing Zip

80109

LOCATION INFORMATION

Property Zip

80109

Census Tract

144.10

Property Zip4

3545

Neighborhood Code

432-432

Property Carrier Route

H070

Township

07

School District

Douglas County Re 1

Range

67

Elementary School

Soaring Hawk

Section

33

Middle School

Castle Rock

Quarter

NW

High School

Castle View

Lot

131

Subdivision

Meadows The

TAX INFORMATION

PIN

R0450744

% Improved

93%

Alternate PIN

235133221021

Tax District

1750

Schedule Number

0450744

Legal Description

LOT 131 MEADOWS NO 11 PARCE L 5 0.025 AM/L

ASSESSMENT & TAX

Assessment Year

2022 - Preliminary

2021

2020

2019

Market Value - Land

$24,000

$24,000

$23,000

$23,000

Market Value - Improved

$303,698

$303,698

$292,584

$292,584

Market Value - Total

$327,698

$327,698

$315,584

$315,584

Assessed Value - Land

$1,670

$1,720

$1,640

$1,640

Assessed Value - Improved

$21,110

$21,710

$20,920

$20,920

Assessed Value - Total

$22,780

$23,430

$22,560

$22,560

YOY Assessed Change (%)

-2.77%

3.86%

0%

YOY Assessed Change ($)

-$650

$870

$0

Tax Year

Total Tax

2019

$2,334

Change ($)

Change (%)

2020 2021

$2,326

-$8

-0.33%

$2,404

$78

3.34%

CHARACTERISTICS

Lot Acres

0.025

MLS Total Baths

3

Lot Sq Ft

1,089

Baths - Full

Tax: 3 MLS: 1

Land Use - County

Townhouse Improvement

Baths - Half

MLS: 1

Land Use - CoreLogic

Townhouse/Rowhouse

Stories

1

Building Type

Townhouse

Fireplace

Y

Style

Townhouse

Fireplaces

1

Year Built

2006

Cooling Type

Central

Bldg Sq Ft - Above Ground

1,491

Heat Type

Central

Bldg Sq Ft - Total

1,491

Garage Type

Built-In

Bldg Sq Ft - Finished

1,491

Garage Capacity

MLS: 2

# Buildings

1

Garage Sq Ft

420

Total Rooms

7

Roof Material

Composition Shingle

Bedrooms

3

Exterior

Frame

Baths - Total

3

Quality

Average

Property Details

Courtesy of Mark Lovett, 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: 09/12/22 Page 1/3

LISTING INFORMATION

MLS Listing Id

2927712

MLS Close Price

$331,000

MLS Days On Market

44

MLS Listing Contract Date

11/01/2019

MLS Source

REcolorado

MLS Close Date

01/14/2020

MLS Status

Closed

MLS List Office Name

RE/MAX PROFESSIONALS

MLS Status Change Date

01/15/2020

MLS List Agent Full Name

025006-Marie Hunter

MLS Current Price

$335,000

MLS Buyer Agent Full Name

046763-Steve Nickerson

MLS Original List Price

$337,500

MLS Buyer Office Name

KELLER WILLIAMS EXECUTIVES

MLS Listing #

8943349

9775315

1042732

MLS Source History

REcolorado

REcolorado

REcolorado

MLS Status

Closed

Closed

Closed

MLS Listing Price

$325,000

$250,000

$165,000

MLS Orig Listing Price

$325,000

$250,000

$165,000

MLS Listing Close Price

$322,500

$247,500

$163,000

MLS Listing Date

06/13/2018

04/16/2015

10/13/2011

MLS Close Date

07/30/2018

05/26/2015

12/05/2011

LAST MARKET SALE & SALES HISTORY

Sale Date

01/14/2020

Deed Type

Special Warranty Deed

Sale Price

$331,000

Owner Name

Proano Joffre Alexander

Price per SqFt - Finished

$222.00

Seller

Chavez Anne M

Document Number

4509

Sale Date

01/14/2020

07/30/2018

05/26/2015

12/05/2011

Sale Price

$331,000

$322,500

$247,500

$163,000

Buyer

Proano Joffre A

Chavez Anne M

Byers Carroll C

Nalls Welby M III

Seller

Chavez Anne M

Byers Carroll C

Nalls Welby M III

Hud-Housing Of Urban Dev

Document Number

4509

46387

35915

76700

Document Type

Special Warranty Deed

Warranty Deed

Warranty Deed

Special Warranty Deed

Title Company

Prestige Title & Escrow

Heritage Title Co.

First American Title

American Title Svcs

MORTGAGE HISTORY

Mortgage Date

09/10/2021

10/26/2020

01/22/2020

08/01/2018

12/06/2011

Mortgage Amount

$327,153

$331,700

$331,000

$316,658

$130,400

Mortgage Lender

Freedom Mtg Corp

Homebridge Finl Svcs I nc

Homebridge Fin'l Svcs Inc

US Bk Na

Wells Fargo Bk Na

Borrower

Proano Joffre A

Proano Joffre A

Proano Joffre A

Chavez Anne M

Nalls Welby M III

Mortgage Type

Va

Va

Va

Fha

Conventional

Mortgage Purpose

Refi

Refi

Resale

Resale

Resale

Mortgage Int Rate

2.875

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Mortgage Term

30

30

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Other

Homestead Title & Esc row

Mortgage Date

06/24/2009

Mortgage Amount

$189,446

Mortgage Lender

First Mtg Co LLC

Borrower

Conner Kimberley J

Mortgage Type

Fha

Mortgage Purpose

1st Time Sale

Mortgage Int Rate

5.5

Mortgage Int Rate Type Mortgage Term

30

Mortgage Term

Years

Title Company FORECLOSURE HISTORY

Document Type

Certificate Of Purchase

Foreclosure Filing Date Recording Date Property Details

Notice Of Trustee's Sale 11/26/2010

08/17/2011

12/09/2010

Courtesy of Mark Lovett, 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: 09/12/22 Page 2/3

Document Number

49878

87068

Final Judgment Amount

$187,106

$187,106

Original Doc Date

06/24/2009

06/24/2009

Original Document Number

49859

49859

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Mark Lovett, 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: 09/12/22 Page 3/3

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

P = PENDING

S = CLOSED

BEDS

BATHS

SQFT

PRICE

3862 Tranquility Trl

3

3.00

1,491

-

1

Subject

2

7936978

P

3735 Tranquility Trail

3

3.00

1,539

$450,000

3

9159157

P

4101 Nordland Trail

3

3.00

1,491

$460,000

4

9229760

S

3505 Tranquility Trail

3

3.00

1,539

$461,000

5

3158708

S

3928 Nordland Trail

3

3.00

1,539

$460,000

6

3029688

S

4115 Nordland Trail

2

3.00

1,583

$485,000

Mark Lovett Cell: 3038680312

4

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Online Valuation Analysis How accurate are Zestimates?

2.3%

$11,300

Zestimates varied up to 2.3% or $11,300 compared to actual MLS prices.

P

2 Pending

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

3735 Tranquility Trail

$450,000

$449,700

-0.1%

4101 Nordland Trail

$460,000

$460,002

0.0%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

3505 Tranquility Trail

8/16/22

$461,000

$462,800

0.4%

3928 Nordland Trail

7/20/22

$460,000

$463,700

0.8%

4115 Nordland Trail

4/7/22

$485,000

$496,300

2.3%

S

3 Sold

ADDRESS

Source: Zillow

Mark Lovett Cell: 3038680312

5

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

3735 Tranquility Trail

Castle Rock, CO 80109

$450,000 PENDING

3 Beds 3.00 Baths Year Built 2010

8/16/22

MLS #7936978 1,539 Sq. Ft. ($292 / sqft) Days on market: 28

Details Prop Type: Multi-Family

Half baths: 1.0 Lot Size (sqft):

Updated: Aug 19, 2022 4:28 AM

School District: Douglas RE-1

County: Douglas Subdivision: The Meadows

Garages: 2

List Price: $450,000

High: Castle View

List date: 7/19/22

Orig list price: $469,000

Middle: Castle Rock

Style: Contemporary

Pending date: 8/16/22

Assoc Fee: $250

Full baths: 1.0

Off-market date: 8/16/22

Taxes: $2,392

Elementary: Soaring Hawk

Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven

Association Fee Includes: Insurance, Maintenance Grounds, Snow Removal, Trash

Association Yn: true

Association Amenities: Clubhouse, Pool, Tennis Court(s)

Association Name: Morgan's Run HOA

3/4 Baths: 1.0

Features

Association Fee 2: 235

Association Name 2: The Meadows Community

Association Fee 2 Frequency: Quarterly

Association Phone: 303-804-9800

Association Fee Frequency: Monthly

Association Phone 2: 303-420-4433

Building Area Source: Public Records Construction Materials: Frame, Wood Siding Cooling: Central Air Exterior Features: Private Yard, Rain Gutters Flooring: Carpet, Laminate, Wood Heating: Forced Air

Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, Open Floorplan, Primary Suite Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1539 Main Level Bathrooms: 1 Parking Total: 2

Mark Lovett Cell: 3038680312

6

Comparative Market Analysis

Patio And Porch: Covered, Front Porch Roof: Composition Senior Community Yn: false

3862 Tranquility Trail, Castle Rock, Colorado 80109

Sewer: Public Sewer Structure Type: Townhouse

Tax Legal Description: LOT 208 MEADOWS NO 11 PARCEL 5 0.041 AM/L

Window Features: Double Pane Windows

Tax Year: 2021

Remarks Stunning Meadows 2-story Castle Rock townhome! 3 bedroom 3 bath home with 2 car garage! Feels like a single family home without all the upkeep and maintenance. Upon entering the home you will notice the open feel and natural light that spills throughout the home. Designer touches throughout! The living room has gorgeous wood wainscoting that adds a warm feel. Gorgeous primary suite with private bath along with ceiling fans, and vaulted ceilings in upstairs bedrooms. Xeriscaped front yard makes your life quite a bit easier. Resort-style community with pool, tennis courts, and clubhouse. You will love living in such an amazing neighborhood close to so many great parks, hiking and bike trails. Walking distance to the Grange which is a big hit with the Castle Rock folks. Acclaimed Douglas County Schools, and Redhawk Golf Club is nearby as well. Book your showing today!

Mark Lovett Cell: 3038680312

7

Comparative Market Analysis

3735 Tranquility Trail $450,000 PENDING

8/16/22

3862 Tranquility Trail, Castle Rock, Colorado 80109 Castle Rock, CO 80109

3 Beds 3.00 Baths Year Built 2010

MLS #7936978 1,539 Sq. Ft. ($292 / sqft) Days on market: 28

Mark Lovett Cell: 3038680312

8

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

4101 Nordland Trail

Castle Rock, CO 80109

$460,000 PENDING

3 Beds 3.00 Baths Year Built 2004

8/22/22

MLS #9159157 1,491 Sq. Ft. ($309 / sqft) Days on market: 37

Details Prop Type: Multi-Family

Lot Size (sqft): Garages: 2

Updated: Aug 22, 2022 7:19 AM

School District: Douglas RE-1

County: Douglas Subdivision: The Meadows

List date: 7/16/22

List Price: $460,000

High: Castle View

Pending date: 8/22/22

Orig list price: $480,000

Middle: Castle Rock

Full baths: 2.0

Off-market date: 8/22/22

Assoc Fee: $250

Elementary: Soaring Hawk

Half baths: 1.0

Taxes: $2,284

Features Appliances: Dishwasher, Microwave, Oven, Refrigerator Association Amenities: Clubhouse, Playground, Pool Association Fee 2: 225 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly

Association Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Snow Removal, Trash Association Name: Morgan's Run HOA Association Name 2: Meadows Master Association Association Phone: 720-439-8184

Association Phone 2: 303-814-2358 Association Yn: true

Listing Terms: Cash, Conventional, FHA, VA Loan

Construction Materials: Frame

Living Area Total: 1491

Cooling: Central Air

Parking Total: 2

Flooring: Carpet, Wood

Roof: Composition

Heating: Forced Air

Senior Community Yn: false

Laundry Features: In Unit Levels: Three Or More

Main Level Bathrooms: 1

Sewer: Public Sewer Structure Type: Townhouse

Mark Lovett Cell: 3038680312

9

Comparative Market Analysis

Tax Legal Description: LOT 5 MEADOWS NO 11 PARCEL 5 0.025 AM/L

3862 Tranquility Trail, Castle Rock, Colorado 80109

Tax Year: 2021

Remarks This great 3 bedroom, 2.5 bathroom home features new carpet and paint throughout! The attached two car garage leads up to the main floor which boasts a spacious living room. Up a few stairs and you will be greeted by a fabulous flex space that would make a great office or playroom! This is just around the corner from the kitchen, half bath and laundry area. Upstairs you will find a primary retreat, 2 secondary bedrooms and a bathroom. The front of the home includes a great yard space for any of your outdoor inspiration to take hold! Don't miss this one, its a real gem!

Mark Lovett Cell: 3038680312

10

Comparative Market Analysis

4101 Nordland Trail $460,000 PENDING

8/22/22

3862 Tranquility Trail, Castle Rock, Colorado 80109 Castle Rock, CO 80109

3 Beds 3.00 Baths Year Built 2004

MLS #9159157 1,491 Sq. Ft. ($309 / sqft) Days on market: 37

Mark Lovett Cell: 3038680312

11

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

3505 Tranquility Trail

Castle Rock, CO 80109

$461,000 CLOSED

3 Beds 3.00 Baths Year Built 2011

8/16/22

MLS #9229760 1,539 Sq. Ft. ($300 / sqft) Days on market: 25

Details Prop Type: Multi-Family

Half baths: 1.0 Lot Size (sqft): 1,786

Updated: Aug 18, 2022 4:45 AM

School District: Douglas RE-1

County: Douglas Subdivision: The Meadows

Garages: 2

List Price: $469,900

High: Castle View

List date: 6/24/22

Orig list price: $485,000

Middle: Castle Rock

Style: Contemporary

Sold date: 8/16/22

Assoc Fee: $250

Full baths: 1.0

Off-market date: 7/19/22

Taxes: $2,402

Elementary: Soaring Hawk

Association Fee Frequency: Monthly

Association Phone: 720-439-8184

Construction Materials: Frame, Wood Siding

Association Fee Includes: Capital Reserves, Insurance, Maintenance Grounds, Recycling, Snow Removal, Trash

Association Phone 2: 303-814-2358

Cooling: Central Air

Association Yn: true

Distance To Bus Numeric: 6

3/4 Baths: 1.0

Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator Association Amenities: Clubhouse, Parking, Pool, Spa/Hot Tub, Tennis Court(s) Association Fee 2: 235

Association Name: Morgan's Run HOA

Association Fee 2 Frequency: Quarterly

Association Name 2: The Meadows HOA

Building Area Source: Public Records Building Name: Morgans Run Common Walls: 1 Common Wall

Direction Faces: West

Distance To Bus Units: Miles Entry Level: 1 Entry Location: Ground

Concessions: No

Mark Lovett Cell: 3038680312

12

Comparative Market Analysis

Exterior Features: Private Yard, Rain Gutters Fencing: Full Flooring: Carpet, Laminate, Tile Foundation Details: Slab Heating: Forced Air, Natural Gas Interior Features: Ceiling Fan(s), Five Piece Bath, Open Floorplan, Primary Suite, Smoke Free, Tile Counters, Walk-In Closet(s) Laundry Features: In Unit

3862 Tranquility Trail, Castle Rock, Colorado 80109

Levels: Two Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1539 Lot Features: Greenbelt, Master Planned, Open Space Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Patio Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Road Surface Type: Paved Roof: Composition Security Features: Carbon Monoxide Detector(s), Security System, Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: Townhouse

Tax Year: 2021 Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected View: Meadow, Mountain(s) Virtual Tour: View Water Source: Public Window Features: Double Pane Windows, Window Coverings Zoning: RES

Tax Legal Description: LOT 190 MEADOWS NO 11 PARCEL 5 0.041 AM/L

Remarks Stylish Townhome in The Meadows @ Morgans Run*Perfectly situated West facing with fantastic mountain views and open space!Relax on your fenced in patio and soak up the sun. Modern designer features throughout. Thoughtful flooplan that maximizes all the space. Welcome in to a beautiful sun filled drenched great room, with vaulted ceiling, newer windows & pre wired for light fixture or ceiling fan. Flow through living and dining. Great kitchen space that includes all the appliances, under cabinet lighting, breakfast bar, tile countertop and flooring. Laundry includes 3 year old Maytag washer and dryer. Open and Airy you will be delighted and want to call it "home" Stroll upstairs to 3 bedrooms that are all generous size and feature Luxury vinyl flooring. Primary bedroom is inviting and made for relaxation at the end of the day. Ensuite 5 piece bath, soaking tub, separate shower and double vanity. Upstairs additional bath, has private door to bedroom. Attached 2 car garage. This neighborhood has plenty of additional parking for your guests. Dog park, and trails are just steps away. Minutes from Restaurants, cafe's, bars, movies, parks & hospital make this a perfect location. Pool & Clubhouse, Tennis & more. Easy access to freeway. Come see yourself what makes this home special!

Mark Lovett Cell: 3038680312

13

Comparative Market Analysis

3505 Tranquility Trail $461,000 CLOSED

8/16/22

3862 Tranquility Trail, Castle Rock, Colorado 80109 Castle Rock, CO 80109

3 Beds 3.00 Baths Year Built 2011

MLS #9229760 1,539 Sq. Ft. ($300 / sqft) Days on market: 25

Mark Lovett Cell: 3038680312

14

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

3928 Nordland Trail

Castle Rock, CO 80109

$460,000 CLOSED

3 Beds 3.00 Baths Year Built 2005

7/20/22

MLS #3158708 1,539 Sq. Ft. ($299 / sqft) Days on market: 3

Details Prop Type: Multi-Family

Lot Size (sqft):

List Price: $469,000

Middle: Castle Rock

County: Douglas

Garages: 2

Orig list price: $469,000

Subdivision: The Meadows

List date: 6/17/22

Assoc Fee: $250

Elementary: Soaring Hawk

Sold date: 7/20/22

Taxes: $2,330

Full baths: 1.0

Off-market date: 6/20/22

3/4 Baths: 1.0

Updated: Jul 22, 2022 2:29 PM

School District: Douglas RE-1

Quarter baths: 1.0

High: Castle View

Features Appliances: Refrigerator Association Amenities: Clubhouse, Pool, Trail(s) Association Fee 2: 225 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly

Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Snow Removal, Trash Association Name: Morgan's Run HOA

Association Phone 2: 303-814-2358

Exterior Features: Private Yard

Association Yn: true

Fireplace Features: Family Room

Common Walls: No One Above, No One Below, 2+ Common Walls

Fireplaces Total: 1 Flooring: Carpet, Wood

Concessions: No

Heating: Forced Air

Association Name 2: Meadows Master Assoc

Construction Materials: Frame

Levels: Two

Association Phone: 720-439-8184

Cooling: Central Air

Listing Terms: Cash, Conventional, FHA

Electric: 110V, 220 Volts

Living Area Total: 1539

Mark Lovett Cell: 3038680312

15

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Main Level Bathrooms: 1

Roof: Composition

Parking Total: 2

Senior Community Yn: false

Patio And Porch: Front Porch

Sewer: Public Sewer

Structure Type: Townhouse

Tax Year: 2021

Tax Legal Description: LOT 38 MEADOWS NO 11 PARCEL 5 0.041 AM/L

Water Source: Public

View: Mountain(s)

Remarks Welcome to 3928 Nordland Trail, this wonderfully maintained Townhome is conveniently located in the highly desired Meadows Neighborhood. This townhome has it all, Upon entering from the attached two car garage you are greeted with real stained hardwood floors and a new and freshly painted home. The living room has a gas fireplace for those cold Colorado evenings and the kitchen is the perfect size to cook all of your favorite meals. The high bar top is perfect to entertain while working in the kitchen and the dining room is the perfect size to entertain friends and family. The Primary Suite is spacious and boasts its own ensuite bathroom. The other two bedrooms are very spacious and share a 3/4 bathroom on the upper level.

This home also boasts a front fenced in patio where you can watch the sunset over the majestic Rocky Mountains with friends and family. Close to shopping and conveniently located near The Meadows Recreation Center, this townhome is a prize in itself. Welcome home!

Mark Lovett Cell: 3038680312

16

Comparative Market Analysis

3928 Nordland Trail $460,000 CLOSED

7/20/22

3862 Tranquility Trail, Castle Rock, Colorado 80109 Castle Rock, CO 80109

3 Beds 3.00 Baths Year Built 2005

MLS #3158708 1,539 Sq. Ft. ($299 / sqft) Days on market: 3

Mark Lovett Cell: 3038680312

17

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

4115 Nordland Trail

Castle Rock, CO 80109

$485,000 CLOSED

2 Beds 3.00 Baths Year Built 2004

4/7/22

MLS #3029688 1,583 Sq. Ft. ($306 / sqft) Days on market: 5

Details Prop Type: Multi-Family

Lot Size (sqft): 1,350

List Price: $485,000

Middle: Castle Rock

County: Douglas

Garages: 2

Orig list price: $485,000

Subdivision: Meadows

List date: 3/9/22

Assoc Fee: $215

Elementary: Soaring Hawk

Style: Urban Contemporary

Sold date: 4/7/22

Taxes: $2,378

Off-market date: 3/14/22

Full baths: 2.0

Updated: Apr 8, 2022 3:45 AM

School District: Douglas RE-1

Half baths: 1.0

High: Castle View

Features Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator Association Amenities: Clubhouse, Pool, Trail(s) Association Fee 2: 235 Association Fee 2 Frequency: Quarterly Association Fee Frequency: Monthly

Association Fee Includes: Maintenance Grounds, Maintenance Structure, Recycling, Road Maintenance, Snow Removal, Trash Association Name: Morgan's Run HOA Association Name 2: Meadows Master Association

Association Phone: 720-439-8184 Association Phone 2: 303-814-2358 Association Yn: true Basement: Crawl Space Building Area Source: Public Records Building Name: Morgan's Run

Common Walls: End Unit, No One Above, No One Below Concessions: No Construction Materials: Cement Siding, Frame, Rock Cooling: Central Air Fencing: Full Fireplace Features: Family Room, Gas, Gas Log

Mark Lovett Cell: 3038680312

18

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Fireplaces Total: 1

Levels: Two

Flooring: Carpet, Tile, Wood

Listing Terms: Cash, Conventional, FHA, VA Loan

Furnished: Unfurnished Heating: Forced Air, Natural Gas Interior Features: Jet Action Tub, Open Floorplan, Pantry, Primary Suite, Smart Thermostat, Smoke Free, Walk-In Closet(s) Laundry Features: In Unit

Living Area Total: 1583

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

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

Lot Features: Corner Lot, Cul-De-Sac, Greenbelt, Master Planned

Senior Community Yn: false

Virtual Tour: View

Sewer: Public Sewer

Main Level Bathrooms: 1

Structure Type: Townhouse

Window Features: Double Pane Windows, Skylight(s), Window Coverings

Parking Total: 2 Patio And Porch: Front Porch, Wrap Around Pets Allowed: Yes

Tax Legal Description: LOT 7 MEADOWS NO 11 PARCEL 5 0.031 AM/L

Water Source: Public

Remarks Stunning end unit townhome in the Meadows with spectacular views! As you enter the home, you will immediately notice the open feel and the gorgeous Hickory hard wood floors on the main level! The abundance of windows makes this home shine bright! Enjoy cozy nights by the gas fireplace in the family room! The dining area can accommodate a large table and the kitchen counter is a great place to enjoy that morning cup of coffee! For the chef, the kitchen will not disappoint as it features stainless steel appliances, upgraded cabinets, a large pantry, and a gas range! A beautiful 1/2 bath and laundry room round out the main floor. Head up the stairs to the two master suites that each have their own full bathrooms! This floor plan was typically built with three bedrooms, but was upgraded to feature an oversized master suite. The views of the front range from this room can't be beat! The second master suite features two closets, and an ensuite bathroom with a jetted tub! As you head down to the attached two car garage, there is a huge storage room that could also be used as a workshop, possible gym, or ?? A gated wrap around porch at the front door, newer AC, upgraded light fixtures, designer window coverings, newer garage door, blackout shades in one of the master bedrooms, phone app enabled Honeywell thermostat, home humidifier, and skylight are just a few more items that will absolutely insure pride of ownership! The Meadows dog park, clubhouse, pool, open space, and walking trails are all within close proximity! Easy access to the outlet shops, numerous restaurants, and I25. Be sure to schedule your showing today!

Mark Lovett Cell: 3038680312

19

Comparative Market Analysis

4115 Nordland Trail $485,000 CLOSED

4/7/22

3862 Tranquility Trail, Castle Rock, Colorado 80109 Castle Rock, CO 80109

2 Beds 3.00 Baths Year Built 2004

MLS #3029688 1,583 Sq. Ft. ($306 / sqft) Days on market: 5

Mark Lovett Cell: 3038680312

20

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Comparable Property Statistics P

2 Pending Listings LOWEST

$450,000

S

AVERAGE

$455,000

HIGH

$460,000

AVG PRICE / SQFT

AVG DOM

$300

32

AVG PRICE / SQFT

AVG DOM

$302

11

3 Sold Listings LOWEST

$460,000

AVERAGE

$468,666

HIGH

$485,000

Mark Lovett Cell: 3038680312

21

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Sold Property Analysis Averages

98.7%

Homes sold for an average of 98.7% of their list price.

11

Days on market

It took an average of 11 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

3505 Tranquility Trail

$485,000

$461,000

95.05%

25

$300

3928 Nordland Trail

$469,000

$460,000

98.08%

3

$299

4115 Nordland Trail

$485,000

$485,000

100.00%

5

$306

$479,666

$468,666

97.71%

11

$302

Averages

Mark Lovett Cell: 3038680312

22

Comparative Market Analysis

3862 Tranquility Trail, Castle Rock, Colorado 80109

Summary of Comparable Properties P

PENDING LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3735 Tranquility Trail

-

3

3.00

1,539

$450,000

$292

4101 Nordland Trail

-

3

3.00

1,491

$460,000

$309

1,515

$455,000

$300

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

3505 Tranquility Trail

8/16/22

3

3.00

1,539

$461,000

$300

3928 Nordland Trail

7/20/22

3

3.00

1,539

$460,000

$299

4115 Nordland Trail

4/7/22

2

3.00

1,583

$485,000

$306

1,553

$468,666

$302

Averages

Mark Lovett Cell: 3038680312

23

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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