CMA - 12404 W 85th Avenue

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Arvada, CO

This week the median list price for Arvada, CO is $877,217 with the market action index hovering around 83. This is an increase over last month's market action index of 77.

Inventory has decreased to 43.

Real-Time Market Profile Median List Price

$877,217

Market Action Index

Median Price of New Listings

$622,500

This answers “How’s the Market?” by comparing rate of sales versus

Per Square Foot

$305

Average Days on Market

116

Median Days on Market

63

Price Decreased

44%

Price Increased

7%

Relisted

26%

Inventory

43

Median Rent

$2,400

Market Action

83

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

83

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Strong Seller's Market

Market Segments Each segment below represents approximately 25% of the market ordered by price.

Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$2,175,000

2,385

1 - 2.5 acres

3

2

66

0

2

105

$1,051,943

2,480

0.25 - 0.5 acre

4

2

71

1

2

189

$754,900

3,100

8,000 - 10,000 sqft

4

3

47

2

5

35

$565,000

2,000

8,000 - 10,000 sqft

3

2

66

3

8

28

Tue Jan 04 2022

2 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Arvada, CO

Median List Price

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently. $900K

$800K

$700K

$600K

$500K Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Segments

Pricing across most of the market has been relatively strong recently. While Quartile 4 is basically flat, all other segments are in an up trend period. Unless the Market Action Index has a persistent downward shift, expect that Quartile 4 will assume a similar trend with the other groups. $1.8M

$1.5M

$1.3M

$1.0M

$750K

$500K

$250K Jan 2019

May 2019

Sep 2019

Top 90-Day

Jan 2020

May 2020

Upper 90-Day

Sep 2020

Lower 90-Day

Tue Jan 04 2022

Jan 2021

May 2021

Sep 2021

Dec 2021

Bottom 90-Day

3 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Arvada, CO

Price Per Square Foot

The market appears to be placing an increasing premium on homes. When list prices and price per square foot consistently increase in tandem, as they’re doing now, you can often find short-term investment opportunities. Watch the Market Action Index for persistent changes as a leading indicator for these trends to flatten or drop. $350

$300

$250

$200

$150 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Inventory

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

300

250

200

150

100

50

0 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Tue Jan 04 2022

4 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Arvada, CO

Market Action Index

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

120

100

80

60

40

20 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Market Action Segments

Not surprisingly, all segments in the market are showing high levels of demand. Watch the quartiles for changes before the whole market changes. Often one end of the market (e.g. the high-end) will weaken before the rest of the market and signal a slowdown for the whole group.

120

100

80

60

40

20 Jan 2019

May 2019

Sep 2019

Top 90-Day

Jan 2020

May 2020

Upper 90-Day

Sep 2020

Lower 90-Day

Tue Jan 04 2022

Jan 2021

May 2021

Sep 2021

Dec 2021

Bottom 90-Day

5 of 6

Single-Family Homes

The Bartic Group's Market Report www.TheBarticGroup.com

Arvada, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 73 days. Half of the listings have come newly on the market in the past 35 or so days. Watch the 90-day DOM trend for signals of a changing market.

100

80

60

40

20

0 Jan 2019

May 2019

Sep 2019

Jan 2020

May 2020

7-Day Average

Sep 2020

Jan 2021

May 2021

Sep 2021

Dec 2021

90-Day Average

Segments

It is not uncommon for the higher priced homes in an area to take longer to sell than those in the lower quartiles.

400

300

200

100

0 Jan 2019

May 2019

Sep 2019

Top 90-Day

Jan 2020

May 2020

Upper 90-Day

Sep 2020

Lower 90-Day

Tue Jan 04 2022

Jan 2021

May 2021

Sep 2021

Dec 2021

Bottom 90-Day

6 of 6

12404 W 85th Ave, Arvada, CO 80005-1168, Jefferson County

Expired Listing

MLS Beds 4

MLS Baths 4

Sale Price $278,000

Sale Date 06/23/2005

MLS Sq Ft 2,176

Lot Sq Ft 8,253

Yr Built 1988

Type SFR

OWNER INFORMATION

Owner Name

Badgley Steven M

Mailing ZIP 4

1168

Mailing Address

12404 W 85th Ave

Mailing Carrier Route

C019

Mailing City & State

Arvada, CO

Owner Occupied

Yes

Mailing Zip

80005

LOCATION INFORMATION

Property Zip

80005

Census Tract

98.15

Property Zip4

1168

Neighborhood Code

Lakecrest, Standley Lake, Mac Pa1011

Property Carrier Route

C019

Township

02

School District

Jefferson County R-1

Range

69

Elementary School

Sierra

Section

29

Middle School

Oberon

Quarter

NW

High School

Ralston Valley

Block

6

Subdivision

Landing At Standley Lake Flg #2

Lot

82

PIN

190770

% Improved

65%

Alternate PIN

29-292-11-083

Tax District

1011

Schedule Number

190770

Legal Description

SECTION 29 TOWNSHIP 02 RANG E 69 QTR NW SUBDIVISIONCD 459 200 SUBDIVISIONNAME LANDING AT STANDLEY LAKE FLG #2 BLO CK 006 LOT 0082 SIZE: 8253 TRAC T VALUE: .189

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021 - Preliminary

2020

2019

2018

Market Value - Land

$159,195

$153,362

$153,362

$101,257

Market Value - Improved

$303,886

$280,990

$280,990

$256,047

Market Value - Total

$463,081

$434,352

$434,352

$357,304

Assessed Value - Land

$11,382

$10,965

$10,965

$7,291

Assessed Value - Improved

$21,728

$20,091

$20,091

$18,435

Assessed Value - Total

$33,110

$31,056

$31,056

$25,726

YOY Assessed Change (%)

6.61%

0%

20.72%

YOY Assessed Change ($)

$2,054

$0

$5,330

Tax Year

Total Tax

2018

$2,519

Change ($)

Change (%)

2019 2020

$2,956

$437

17.37%

$2,997

$40

1.37%

CHARACTERISTICS

Lot Acres

0.1895

MLS Total Baths

4

Lot Sq Ft

8,253

Baths - Full

Tax: 3 MLS: 2

Land Use - CoreLogic

SFR

Baths - Half

1

Building Type

Single Family

Stories

2

Year Built

1988

Fireplace

Y

Bldg Sq Ft - Above Ground

1,567

Fireplaces

1

Bldg Sq Ft - Basement

609

Heat Type

Forced Air

Bldg Sq Ft - Finished Basement

609

Patio Type

Deck

Bldg Sq Ft - Total

2,176

Garage Type

Attached Garage

Bldg Sq Ft - Finished

Tax: 1,567 MLS: 2,176

Garage Capacity

MLS: 2

Bldg Sq Ft - 1st Floor

919

Garage Sq Ft

400

Bldg Sq Ft - 2nd Floor

648

Construction

Wood

Basement Type

Finished

Water

Type Unknown

# Buildings

1

Sewer

Type Unknown

Bedrooms

4

Quality

Average

Property Details

Courtesy of Leolani Kaan, 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: 01/04/22 Page 1/3

Baths - Total

4

FEATURES

Feature Type

Size/Qty

Covered Porch

160

Wood Deck

340

Attached Garage

400

First Floor

919

Second Floor

648

Basement Total

609

SELL SCORE

Rating

Low

Sell Score

495

Value As Of

2022-01-02 03:36:01

LISTING INFORMATION

MLS Listing Id

6739171

MLS Current Price

$479,900

MLS Days On Market

17

MLS Original List Price

$479,900

MLS Source

REcolorado

MLS Listing Contract Date

08/03/2018

MLS Status

Expired

MLS List Office Name

RE/MAX ALLIANCE

MLS Status Change Date

08/01/2019

MLS List Agent Full Name

318445-Valerie Skorka Westmark

Sale Date

06/23/2005

Deed Type

Warranty Deed

Sale Price

$278,000

Owner Name

Badgley Steven M

Price per SqFt - Finished

$177.41

Seller

Wheeler Reuben J & Danielle R

Document Number

40606

LAST MARKET SALE & SALES HISTORY

Sale Date

06/23/2005

06/27/2001

Sale Price

$278,000

$239,950

Buyer

Badgley Steven M

Wheeler Reuben & Dan ielle R

Buyer

03/18/1998

Vincent Joanne

Wheeler Danielle R

10/30/1996

10/05/1994

$149,900

$140,000

Vincent Joanne & Peter sSM

Fitzsimmons Michael & Lisa T

Vincent Peters S M

Fitzsimmons Lisa T

Seller

Wheeler Reuben J & D anielle R

Vincent Joanne

Peters Steven M

Fitzsimmons Michael & Lisa T

Wendler Annabelle Kay

Document Number

40606

F1280641

F0577115

F0333649

94163056

Document Type

Warranty Deed

Warranty Deed

Quit Claim Deed

Warranty Deed

Warranty Deed

Title Company

First American Heritag e Title

Attorneys Title Guarant y Fund

Sale Date

06/30/1992

02/21/1991

07/16/1990

Sale Price

$119,200

$104,000

$86,400

Buyer

Wendler Annabelle Kay

Palavin Kenneth J

Home Savings Of America

Seller

Palavin Kenneth J & Palavin M

Home Savings Of America

Phillips Helen

Document Number

92080619

91016918

90059494

Document Type

Warranty Deed

Special Warranty Deed

Public Trustees Deed

Buyer

Title Company MORTGAGE HISTORY

Mortgage Date

05/06/2013

06/29/2005

11/25/2003

09/05/2002

07/20/2001

Mortgage Amount

$175,285

$200,000

$206,300

$203,150

$203,950

Mortgage Lender

Wells Fargo Bk Na

Wells Fargo Bk Na

Affiliated Fin'l Grp Inc

Abn Amro Mtg Grp Inc

Affiliated Fin'l Grp Inc

Borrower

Badgley Steven M

Badgley Steven M

Wheeler Reuben J

Wheeler Rueben J

Wheeler Reuben

Wheeler Danielle R

Wheeler Danielle R

Wheeler Danielle R

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Refi

Refi

Resale

Borrower

Mortgage Int Rate

3.75

Mortgage Int Rate Type

Fixed Rate Loan

Adjustable Int Rate Loa n

Fixed Rate Loan

Adjustable Int Rate Loa n

Mortgage Term

15

30

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Custom Recording Sol utions

Land Title Guarantee

First American Title Ins urance

Property Details

Courtesy of Leolani Kaan, 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: 01/04/22 Page 2/3

Mortgage Date

05/01/1998

11/22/1996

10/11/1994

Mortgage Amount

$134,750

$132,822

$133,000

Mortgage Lender

Austin Mtg Inc

Principal Resid'l Mtg Inc

First Fsb/Co

Borrower

Vincent Joanne

Vincent Joanne

Fitzsimmons Michael

Vincent Peters S M

Fitzsimmons Lisa T

Borrower Mortgage Type

Conventional

Fha

Conventional

Mortgage Purpose

Refi

Resale

Resale

Mortgage Int Rate Mortgage Int Rate Type

Adjustable Int Rate Loan

Mortgage Term Mortgage Term Title Company PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Leolani Kaan, 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: 01/04/22 Page 3/3

Map of Property Locations

8547 Union Circle, Arvada, CO 80005 Listing Id: 4831436 Status: Closed 12/30/21 Price: $540,000 1 Subtype: SFR Ttl SqFt: 1,945 Bd/Bth: 3/2 Show #: 303-573-7469 12807 W 85th Circle, Arvada, CO 80005 Listing Id: 6089523 Status: Closed 08/27/21 Price: $596,500 3 Subtype: SFR Ttl SqFt: 2,464 Bd/Bth: 5/4 Show #: 303-573-7469

8548 Union Circle, Arvada, CO 80005 Listing Id: 5215005 Status: Closed 09/28/21 Price: $580,000 Subtype: SFR 2 Ttl SqFt: 1,945 Bd/Bth: 3/3 Show #: 3035737469 12064 W 85th Avenue, Arvada, CO Listing Id: Status: Price: Subtype: 4 Ttl SqFt: Bd/Bth: Show #:

80005 9017546 Closed 12/21/21 $620,000 SFR 1,817 3/3 303-573-7469

Broker 1 Page 8547 Union Circle, Arvada, CO 80005 (Status: Closed, Listing ID: 4831436) Close Price: $540,000 County: Jefferson List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1988 Subdivision Name: Landing at Stanley Lake Listing Contract Date: 11/30/2021 Purchase Contract Date: 12/05/2021 Contingency: None Known Close Date (DIM): 12/30/2021 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $372.00 Tax Annual Amt: $2,420 Tax Year: 2020 Tax Legal Desc: SECTION 29 TOWNSHIP 02 RANGE 69 QTR NE SUBDIVISIONCD 459000 SUBDIVISIONNAME LANDING AT STANDLEY LAKE FLG #1 BLOCK 007 LOT 0027 SIZE: 4235 TRACT VALUE: .097 Interior Area & SqFt Building Area Total (SqFt Total): 1,945 Living Area (SqFt Finished): 1,309 Above Grade Finished Area: 1,309 Below Grade Total Area: 636 Below Grade Finished Area: 0 Below Grade Unfinished Area: 636 PSF Total: $278 PSF Finished: $413 PSF Above Grade: $413 Basement: Partial, Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Family Room Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Eat-in Kitchen, Entrance Foyer, Master Suite, Open Floorplan, Pantry, Vaulted Ceiling(s) Appliances: Dishwasher, Microwave, Range, Refrigerator Flooring: Carpet, Laminate Exclusions: seller's personal belongings, Shelving in the garage except the shelving on the south side of garage, Coffee cup holder in kitchen, refrigerator in garage, washer/dryer, tv mounts on wall, porch swing, as well as Gunderson Ranch sign Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $93.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.10 Acres / 4,235 SqFt Waterfront Feat: Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Sierra / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Oberon / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Construction Materials: Frame Roof: Wood Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome home to this beautiful property in The Landing At Standley Lake! This home is just a short walk to the Standley Lake Regional Park and Wildlife Refuge. Showings start Thursday 12/2 at 5 p.m. and end Sunday 12/5 at noon. All offers due at 6 p.m on Sunday 12/5 with an acceptance time of 6 p.m on Monday 12/6. All of the major components are recently updated including newer roof, water heate...

Confidential Information Buyer Agency Comp: 2.8% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.8%

List Agent: Kevin Shaw List Office: Keller Williams Preferred Realty Email:

KEVIN@KEVINSHAWREALESTATE.COM

Buyer Agent: Afton Hartmann Buyer Office: Redfin Corporation Email:

afton.hartmann@redfin.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 303-946-7358 Mobile: 303-946-7358 Buyer Agent Phone: 720-774-9144 Mobile: 720-774-9144 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/04/2022 3:46:21 PM

Full Property View

8547 Union Circle, Arvada, CO 80005

----

$540,000 - Closed

8548 Union Circle, Arvada, CO 80005 (Status: Closed, Listing ID: 5215005) Close Price: $580,000 County: Jefferson List Price: $550,000 Property Type: Residential Original List Price: $550,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1988 Subdivision Name: Landing at Standley Lake Listing Contract Date: 08/25/2021 Purchase Contract Date: 08/28/2021 Contingency: None Known Close Date (DIM): 09/28/2021 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $372.00 Tax Annual Amt: $2,994 Tax Year: 2020 Tax Legal Desc: SECTION 29 TOWNSHIP 02 RANGE 69 QTR NE SUBDIVISIONCD 459000 SUBDIVISIONNAME LANDING AT STANDLEY LAKE FLG #1 BLOCK 008 LOT 0009 SIZE: 3950 TRACT VALUE: .091 Interior Area & SqFt 1,945 Living Area (SqFt Finished): 1,945 Above Grade Finished Area: 1,309 636 Below Grade Finished Area: 636 Below Grade Unfinished Area: 0 $298 PSF Finished: $298 PSF Above Grade: $443 Bsmnt Ceiling Ht: Fireplace: 1/Family Room

Building Area Total (SqFt Total): Below Grade Total Area: PSF Total: Basement: Finished Foundation: Structural Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Master Suite, Open Floorplan, Pantry, Quartz Counters, Vaulted Ceiling(s) Appliances: Dishwasher, Disposal, Gas Water Heater, Humidifier, Microwave, Oven, Refrigerator Flooring: Laminate Furnished: Unfurnished Exclusions: Personal Property, Washer, Dryer, curtains throughout home (curtain rods are included).

Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 2 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $93.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.09 Acres / 3,950 SqFt Waterfront Feat: Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear Elementary School: Sierra / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Oberon / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Architectural Style: Traditional Direction Faces: West View: Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Garden, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks You will fall in love with this newly updated 3 bedroom, 3 bath home in the highly sought after Landing at Standley Lake. The main level features open sight lines throughout with vaulted ceilings in the family room offering a spacious feel. Enjoy the freshly painted interior, recessed lighting and a newly remodeled Kitchen that features updated cabinets, quartz counters, backsplash, stainless ste...

Confidential Information Private Remarks: All information listed above is deemed reliable but is not guaranteed. It is the Buyer's Broker's responsibility to verify all information including but not limited to the following: taxes, school districts and enrollment availability, square footage, HOA details, and any other information that raises a question or a concern to the Buyer. Adhere to all CDC guidelines. Please do not show the proper Buyer Agency Comp: 2.5% Dual Variable: No Submitted Prosp: No Transaction Broker Comp: 2.0%

List Agent: Deona Barr List Office: KELLER WILLIAMS AVENUES REALTY Email:

Deonabarr@KW.com

Buyer Agent: Joshua Larsen Buyer Office: Keller Williams Integrity Real Estate LLC Email:

joshl@kw.com

Concessions: No Buyer Financing: Conventional

List Agent Phone: 720-272-5350 Mobile: 720-272-5350 Buyer Agent Phone: 303-482-7945 Mobile: 303-482-7945 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/04/2022 3:46:22 PM

Full Property View

8548 Union Circle, Arvada, CO 80005

----

$580,000 - Closed

12807 W 85th Circle Lot 16, Arvada, CO 80005 (Status: Closed, Listing ID: 6089523) Close Price: $596,500 County: Jefferson List Price: $589,000 Property Type: Residential Original List Price: $589,000 Property Subtype: Single Family Residence Levels: Multi/Split Basement: Yes Structure Type: House Year Built: 1994 Subdivision Name: Landing at Standley Lake Listing Contract Date: 07/21/2021 Purchase Contract Date: 07/26/2021 Contingency: None Known Close Date (DIM): 08/27/2021 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $372.00 Tax Annual Amt: $2,935 Tax Year: 2020 Tax Legal Desc: Lot 16, Block 3, The Landing at Standley Lake Filing No. 2, County of Jefferson, State of Colorado Interior Area & SqFt Building Area Total (SqFt Total): 2,464 Living Area (SqFt Finished): 2,408 Above Grade Finished Area: 1,832 Below Grade Total Area: 632 Below Grade Finished Area: 576 Below Grade Unfinished Area: 56 PSF Total: $242 PSF Finished: $248 PSF Above Grade: $326 Basement: Finished Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Family Room, Gas Log Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Speed Internet, Master Suite, Open Floorplan, Pantry, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Flooring: Carpet, Tile, Wood Exclusions: Seller's personal property Bed & Bath Summary Bedrooms Total: 5 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 2 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $93.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Recycling, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.18 Acres / 7,645 SqFt Waterfront Feat: Lot Features: Sprinklers In Front, Sprinklers In Rear Elementary School: Sierra / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Oberon / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Architectural Style: Contemporary Construction Materials: Frame, Wood Siding Roof: Composition Exterior Features: Fire Pit Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Awesome location in the coveted neighborhood of The Landing at Standley Lake. This 5BD/4BA home is a short walk to Standley Lake Regional Park which offers a multitude of water activities and is also close to an extensive network of hiking and biking trails right out your front door. The light and open floor plan features formal living and dining rooms along with a spacious, eat-in kitchen that ...

Confidential Information Private Remarks: Showings begin on Friday, 7/23. Seller prefers a post occupancy until early September. Seller will convey with a Special Warranty Deed.

Seller requests no "love" letters, please. Buyer and Buyer's Broker to verify all information including but not limited to square footage, schools, HOA, etc.

There are electronic surveillance/listening devices (Ring doorbell) on the Property. Buyer and Buyer`s Bro Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: No Transaction Broker Comp: 2.8% List Agent Phone: 303-638-3035 Mobile: 303-638-3035

List Agent: Anne Lucius List Office: RE/MAX 100 INC. Email:

anne@lucius.com

Buyer Agent: Corey Nabors Buyer Office: Corey Nabors Email: nabors.corey@gmail.com Concessions: Buyer Closing Costs/Seller Points Paid, $2500 Buyer Financing: FHA

Buyer Agent Phone: 720-422-6230 Mobile: 720-422-6230 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/04/2022 3:46:22 PM

Full Property View

12807 W 85th Circle, Arvada, CO 80005

----

$596,500 - Closed

Welcome Home to The Landing at Standley Lake - a short walk to Standley Lake and an extensive network of walking/biking paths right out your front door!

Beautiful no-maintenance patio.

Tall, vaulted ceilings grace the Foyer and Living Room.

Vaulted Formal Living Room.

Vaulted Living Room and Foyer.

Spacious backyard with extensive patio area.

Large backyard with spacious, no-maintenance paver stone patio with fire pit.

Foyer and Living Room looking into Dining Room.

Formal Dining Room overlooks backyard.

Foyer with hardwood flooring. Formal Living and Dining Room.

Eat-in kitchen with slab granite countertops, stainless steel appliances and pantry.

Eat-in kitchen with ample cabinetry and hardwood floors.

Great Family Room is Open to Kitchen above.

View of Vaulted Family Room from Kitchen.

Cozy gas fireplace.

Kitchen overlooks Family Room.

12064 W 85th Avenue, Arvada, CO 80005 (Status: Closed, Listing ID: 9017546) Close Price: $620,000 County: Jefferson List Price: $575,000 Property Type: Residential Original List Price: $575,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 1991 Subdivision Name: Landing at Standley Lake Listing Contract Date: 12/01/2021 Purchase Contract Date: 12/04/2021 Contingency: None Known Close Date (DIM): 12/21/2021 Days In MLS: 3 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $372.00 Tax Annual Amt: $2,842 Tax Year: 2020 Tax Legal Desc: SECTION 29 TOWNSHIP 02 RANGE 69 QTR NE SUBDIVISIONCD 459000 SUBDIVISIONNAME LANDING AT STANDLEY LAKE FLG #1 BLOCK 011 LOT 0043 SIZE: 4349 TRACT VALUE: .100 Interior Area & SqFt Building Area Total (SqFt Total): 1,817 Living Area (SqFt Finished): 1,817 Above Grade Finished Area: 1,307 Below Grade Total Area: 0 Below Grade Finished Area: Below Grade Unfinished Area: 0 PSF Total: $341 PSF Finished: $341 PSF Above Grade: $474 Basement: Crawl Space, Daylight, Finished, Full, Bsmnt Ceiling Ht: 7.5' Interior Entry/Standard, Sump Pump, Walk-Out Access Foundation: Fireplace: 1/Gas, Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Interior Features: Ceiling Fan(s), High Speed Internet, Laminate Counters, Master Suite, Open Floorplan, Pantry, Smart Thermostat, Smoke Free, Vaulted Ceiling(s), Walk-In Closet(s) Appliances: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven, Sump Pump Flooring: Carpet, Laminate, Tile, Vinyl Furnished: Unfurnished Exclusions: Sellers Personal Property, Washer, Dryer, metal shelving in garage, and curtains Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 1 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $93.00 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Recycling, Trash Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.10 Acres / 4,349 SqFt Waterfront Feat: Lot Features: Landscaped, Level, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Elementary School: Sierra / Jefferson County R-1 Bldg/Complex Name: Middle/Junior Sch: Oberon / Jefferson County R-1 High School: Ralston Valley / Jefferson County R-1 Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: No Common Walls Unit Count: Construction Materials: Brick, Frame, Wood Siding Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Lovely 2-Story home with WALK-OUT basement that backs to Little Dry Creek Trail. Located in the highly desirable Landing at Standley Lake neighborhood. This home features the classic covered front porch. Walk in the front door to the perfect Great Room with gas fireplace connecting the dining area to a spacious, well-appointed kitchen with lots of cabinets and counter space plus a pantry. Kitchen ...

Confidential Information Private Remarks: ALL OFFERS ARE DUE BY 12/5/21 @ noon. NO CONTRACT ACCEPTANCE DEADLINES BEFORE 12/6/21 @ 8:00 p.m. BUYER MUST PREVIEW THE HOME PRIOR TO SUBMITTING AN OFFER. Agent is CTM user. Please provide pre-approval letter with offer if buyer is obtaining financing. Cash offers please send proof of funds. Buyers/Buyers agent responsible for verifying all information. Seller reserves the right to accept an offe Buyer Agency Comp: 2.8% Dual Variable: Yes Submitted Prosp: Yes Transaction Broker Comp: 2.8%

List Agent: Joyce Davis List Office: Coldwell Banker Realty 56 Email:

joycelyn.davis@comcast.net

Buyer Agent: Shelle Pennington Buyer Office: Addison & Maxwell Email:

shelle@addisonmaxwell.com

Concessions: Buyer Closing Costs/Seller Points Paid, $2000 Buyer Financing: Conventional

List Agent Phone: 303-235-0400 Mobile: 720-495-2786 Buyer Agent Phone: 303-667-3335 Mobile: 303-667-3335 Close Information

Not intended for public use. All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 01/04/2022 3:46:23 PM

Full Property View

12064 W 85th Avenue, Arvada, CO 80005

WELCOME HOME!!

----

$620,000 - Closed

Classic covered front porch!

Enter in the front door to this lovely home!

Living Room with gas fireplace!

Plenty of space to entertain your guests!

Kitchen with lots of cabinets, counter space, and a pantry!

All appliances stay!

Dining bay window offers a serene, peaceful view of the trail below!

Back Deck that sits high where you can enjoy morning coffee while enjoying the view!

Enjoy the view of Little Dry Creek from the back deck!

Master suite with dual closets!

Master Suite with full-size bathroom that leads to a walk-in closet!

Full-size master bathroom!

2nd Bedroom located on the upper level!

Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 01/04/2022 to 07/08/2021 Latitude, Longitude is within 0.25 mi of

12404 W 85th Ave, Arvada, CO 80005, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' Comparable Listing YN is no 8 Properties have been discarded.

Residential Closed Properties Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

Arvada

3

2

1,309

1,945

1,309

12/30/21

$413

$278

$413

5215005 8548 Union CIR

Arvada

3

3

1,309

1,945

1,945

09/28/21

$443

$298

6089523 12807 W 85th CIR

Arvada

5

4

1,832

2,464

2,408

08/27/21

$326

9017546 12064 W 85th AVE

Arvada

3

3

1,307

1,817

1,817

12/21/21

$474

Averages:

1,439

2,043

1,870

$414

Listing ID Address

City

4831436 8547 Union CIR

Count: 4

Closed Price:

Report Totals

Presented By: Leolani Kaan Generated on: 01/04/2022

Count : 4

High $620,000

SqFt Abv Averages: 1,439

SqFt Ttl 2,043

List Price Close Price

CP/OLP

5

525,000

$525,000 $540,000

103%

$298

3

550,000

$550,000 $580,000

105%

$242

$248

5

589,000

$589,000 $596,500

101%

$341

$341

575,000

$575,000 $620,000

108%

$290

$325

3 4

$559,750

$559,750 $584,125

104%

Orig Price $559,750

List Price Close Price $559,750 $584,125

CP/OLP 104 %

Low $540,000 Sqft Fin 1,870

PSF Abv $ 414

PSF Fin DIM Orig Price

Median $588,250 PSF Ttl

$290

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $325

CMA 1-Line Page 1 of 1

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.

720-208-7200