5510 Salem Street

at Keller Williams Integrity

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Barbara Clopton AUGUST 22, 2022

John Taylor The Bartic Group

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Online Valuation Analysis How accurate are Zestimates?

2.2%

$9,700

Zestimates varied up to 2.2% or $9,700 compared to actual MLS prices.

A

1 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

$465,000

$465,004

0.0%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

4/5/22

$475,000

$482,100

1.5%

12234 E Berkeley Place

3/30/22

$485,000

$492,200

1.5%

5545 Salem Street

6/17/22

$510,000

$512,500

0.5%

12901 Olmsted Place

6/10/22

$480,000

$482,700

0.6%

12902 Olmsted Place

2/23/22

$446,000

$455,700

2.2%

12314 Olmsted Drive

S

5 Sold

ADDRESS

13071 Olmsted Place

Source: Zillow

John Taylor The Bartic Group Cell: 3039156054

3

5510 Salem St, Denver, CO 80239-3636, Denver County APN: 1136-14-019

CLIP: 9181528196

MLS Beds 3

MLS Full Baths 2

Half Baths N/A

MLS Sale Price $90,000

MLS Sq Ft 2,118

Lot Sq Ft 6,870

Yr Built 1969

Type SFR

MLS Sale Date 11/01/2010

OWNER INFORMATION

Owner Name

Clopton Sharita T

Mailing ZIP 4

3636

Owner Name 2

Clopton Barbara Ann

Mailing Carrier Route

C022

Mailing Address

5510 Salem St

Owner Occupied

Yes

Mailing City & State

Denver, CO

DMA No Mail Flag

Mailing Zip

80239

LOCATION INFORMATION

Property Zip

80239

Location Influence

Property Zip4

3636

Topography

Flat/Level

Property Carrier Route

C022

Neighborhood Code

Montbello-0128

School District

Denver County 1

Neighborhood Name (OnBoard)

Elementary School

Amesse

Traffic

Local

Middle School

Mcglone Ece-8

Township

03S

High School

Martin L. King

Range

67W

Subdivision

Montbello 15

Section

13

Zoning

S-SU-D

Quarter

Census Tract

83.04

Block

3

Lot

19

Tax District

DENV

Condo Floor TAX INFORMATION

PIN

1136-14-019

Alternate PIN

Tax Appraisal Area

Schedule Number

0113614019000

% Improved

84%

Legal Description

MONTBELLO NO 15 B3 L19

Homestead Percent

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$53,600

$53,600

$53,600

Market Value - Improved

$288,000

$287,300

$255,700

Market Value - Total

$341,600

$340,900

$309,300

Assessed Value - Land

$3,830

$3,830

$3,830

Assessed Value - Improved

$20,590

$18,280

$18,280

Assessed Value - Total

$24,420

$22,110

$22,110

YOY Assessed Change (%)

10.45%

0%

YOY Assessed Change ($)

$2,310

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$1,594

2020

$1,640

$46

2.88%

2021

$1,822

$182

11.08%

CHARACTERISTICS

Lot Frontage

Baths - Full

Lot Depth

Baths - Half

Lot Acres

0.1577

Other Rooms

Lot Sq Ft

6,870

Stories

Lot Shape

1

Fireplace

Land Use - County

Single Family Resident

Fireplaces

Land Use - CoreLogic

SFR

Cooling Type

Building Type

Central

Heat Fuel Type

Style

Heat Type

Year Built

1969

Patio Type

Bldg Sq Ft - Above Ground

1,059

Garage Type

Bldg Sq Ft - Basement

1,059

Garage Capacity

Property Details

Tax: 3 MLS: 2

Warm Air Carport

Courtesy of John Taylor, 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: 08/22/22 Page 1/3

Bldg Sq Ft - Finished Basement

953

Garage Sq Ft

Bldg Sq Ft - Unfinished Basement

106

Roof Material

Bldg Sq Ft - Total

2,118

Construction

Bldg Sq Ft - Finished

Tax: 2,012 MLS: 2,118

Exterior

Bldg Sq Ft - 1st Floor

1,059

Floor Cover

Bldg Sq Ft - 2nd Floor

Brick

Foundation

Basement Type

Full

Pool

# Units

Pool Size

# Buildings

1

Water

Total Rooms

5

Sewer

Bedrooms

3

Quality

Baths - Total

3

Other Impvs

MLS Total Baths

3

Equipment

Average

FEATURES

Feature Type

Size/Qty

Att Carport-Frm

298

Opn Prch-Frm

294

Opn Prch-Frm

56

Building Description

Building Size

LISTING INFORMATION

MLS Listing Id

929689

MLS Listing Contract Date

MLS Days On Market

24

MLS Pending Date

09/14/2010

MLS Source

REcolorado

MLS Close Date

11/01/2010

MLS Status

Closed

MLS List Office Name

KELLER WILLIAMS DTC

MLS Status Change Date

11/11/2010

MLS List Agent Full Name

025655-Sue Kenner

MLS Current Price

$94,500

MLS Buyer Agent Full Name

17284n-Todd Holmes

MLS Original List Price

$94,500

MLS Buyer Office Name

RE/MAX ALLIANCE

MLS Close Price

$90,000

MLS Listing # MLS Source History MLS Status MLS Listing Cancellation Date MLS Listing Price MLS Orig Listing Price MLS Listing Close Price MLS Listing Date MLS Close Date MLS Listing Expiration Date LAST MARKET SALE & SALES HISTORY

Sale Date

11/01/2010

Deed Type

Special Warranty Deed

Sale Price

$90,000

Owner Name

Clopton Sharita T

Price per SqFt - Finished

$44.73

Owner Name 2

Clopton Barbara Ann

Document Number

132739

Seller

Federal Natl Mtg Assn Fnma

Sale Type Sale Date

11/01/2010

Sale Price

$90,000

Nominal

09/22/2010

02/21/2008

Y

Y

Federal Natl Mtg Assn Fnma

Moore Jowinnie

05/16/2006

01/01/1979

$164,000

$45,500

Moore Jowinnie

Borja Juan R & Adela S

Buyer

Clopton Sharita T & Ba rbara A

Buyer

Clopton Barbara A

Seller

Federal Natl Mtg Assn Fnma

Chief Deputy Public Te Of Denver

Moore Jowinnie

Borja Juan R

Document Number

132739

107380

31762

89385

1848-382

Document Type

Special Warranty Deed

Public Trustees Deed

Quit Claim Deed

Warranty Deed

Deed (Reg)

Henderson Demita J

Title Company

Borja Adela S

American Liberty Title

Multi/Split Sale Type

Sale Date

11/01/1975

Sale Price

$28,000

Property Details

Courtesy of John Taylor, 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: 08/22/22 Page 2/3

Nominal Buyer

Hill Jack D & Joann E

Buyer

Hill Joann E

Seller Document Number

1165-534

Document Type

Deed (Reg)

Title Company Multi/Split Sale Type MORTGAGE HISTORY

Mortgage Date

04/26/2018

10/30/2014

06/09/2006

06/09/2006

Mortgage Amount

$60,000

$30,000

$131,200

$32,800

Mortgage Lender

Navy Fcu

Navy Fcu

First Horizon Hm Ln Corp

First Horizon Hm Ln Corp

Borrower

Clopton Barbara A

Clopton Sharita T

Moore Jowinnie

Moore Jowinnie

Borrower

Clopton Sharita T

Clopton Barbara A

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Resale

Resale

Mortgage Int Rate Mortgage Int Rate Type Mortgage Term

40

30

15

Mortgage Term

Years

Years

Years

Title Company

First American Title Insuran ce

First American Title Insuran ce

FORECLOSURE HISTORY

Document Type

Certificate Of Purchase

Notice Of Trustee's Sale

Default Date Foreclosure Filing Date

04/16/2010

Recording Date

08/30/2010

04/23/2010

Document Number

97464

44289

Final Judgment Amount

$126,641

$126,641

Original Doc Date

06/09/2006

06/09/2006

Original Document Number

89386

89386

Book Number Page Number Default Amount

Original Book Page Lien Type PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of John Taylor, 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: 08/22/22 Page 3/3

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

S = CLOSED

BEDS

BATHS

SQFT

PRICE

5510 Salem St

3

3.00

2,118

-

1

Subject

2

IR970630

A

12314 Olmsted Drive

4

3.00

1,622

$465,000

3

4104781

S

13071 Olmsted Place

3

2.00

1,732

$475,000

4

8943383

S

12234 E Berkeley Place

5

2.00

2,269

$485,000

5

4343036

S

5545 Salem Street

5

2.00

1,876

$510,000

6

4667887

S

12901 Olmsted Place

2

2.00

1,516

$480,000

7

8890208

S

12902 Olmsted Place

5

3.00

2,309

$446,000

John Taylor The Bartic Group Cell: 3039156054

5

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

12314 Olmsted Drive

Denver, CO 80239

$465,000 ACTIVE

4 Beds 3.00 Baths Year Built 1969

7/9/22

MLS #IR970630 1,622 Sq. Ft. ($287 / sqft) Days on market: 36

Details Prop Type: Single Family Residence County: Denver Subdivision: Montbello 13

Half baths: 1.0

School District: Denver 1

Lot Size (sqft): 6,750

Updated: Aug 15, 2022 11:00 AM

Garages: 2

List Price: $465,000

Middle: Other

List date: 7/9/22

Orig list price: $475,000

Elementary: Other

Full baths: 2.0

High: Montbello

Taxes: $1,257

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

Heating: Forced Air

Association Yn: false

Laundry Features: In Unit

Basement: Full Below Grade Unfinished Area: 500.0 Building Area Source: Assessor Construction Materials: Brick, Wood Frame Exterior Features: Spa/ Hot Tub Fencing: Fenced, Partial

Interior Features: Eat-in Kitchen

Other Equipment: Satellite Dish Parking Features: RV Access/Parking Parking Total: 2

Levels: One

Patio And Porch: Patio

Listing Terms: Cash, Conventional, FHA, VA Loan

Possible Use: Residential Property Condition: Fixer

Living Area Total: 1622

Road Frontage Type: Public Road

Lot Features: Level, Sprinklers In Front

Roof: Composition

Main Level Bathrooms: 2 Main Level Bedrooms: 3

Tax Legal Description: MONTBELLO NO 13 B6 L27 Tax Year: 2021 Utilities: Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available Virtual Tour: View Water Source: Public Zoning: S-SU-D

Sewer: Public Sewer Structure Type: House

John Taylor The Bartic Group Cell: 3039156054

6

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Remarks All brick ranch ideally located on a quiet street. New roof & gutters a few years ago. Granite counters in kitchen. Large garage for projects. Includes all appliances, including hot tub. Great investor opportunity. 4 bedrooms, 2.5 bathrooms. Some love and attention and this house will really shine. Easy access to shopping & I-70. Estate sale, no Property Disclosure form, property sold in As-Is condition. All measurements are approximate.

John Taylor The Bartic Group Cell: 3039156054

7

Comparative Market Analysis

12314 Olmsted Drive $465,000 ACTIVE

7/9/22

5510 Salem Street, Denver, Colorado 80239 Denver, CO 80239

4 Beds 3.00 Baths Year Built 1969

MLS #IR970630 1,622 Sq. Ft. ($287 / sqft) Days on market: 36

John Taylor The Bartic Group Cell: 3039156054

8

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

13071 Olmsted Place

Denver, CO 80239

$475,000 CLOSED

3 Beds 2.00 Baths Year Built 1969

4/5/22

MLS #4104781 1,732 Sq. Ft. ($274 / sqft) Days on market: 11

Details Prop Type: Single Family Residence County: Denver Subdivision: Montbello

Lot Size (sqft): 6,000

School District: Denver 1

List date: 2/8/22

Updated: Apr 5, 2022 10:25 AM

Sold date: 4/5/22

List Price: $469,900

Middle: McGlone

Off-market date: 2/19/22

Orig list price: $499,900

Elementary: Amesse

Full baths: 2.0

High: DCIS at Montbello

Taxes: $1,478

Features Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator Association Yn: false

Exterior Features: Private Yard

Lot Features: Level Main Level Bathrooms: 1

Senior Community Yn: false

Fencing: Full

Main Level Bedrooms: 2

Sewer: Public Sewer

Flooring: Carpet, Vinyl

Parking Features: Concrete

Structure Type: House

Basement: Finished, Full

Foundation Details: Concrete Perimeter

Building Area Source: Public Records

Heating: Forced Air, Natural Gas

Concessions: No

Interior Features: Granite Counters

Construction Materials: Brick Cooling: Evaporative Cooling

Levels: One Listing Terms: Cash, Conventional, VA Loan Living Area Total: 1732

Parking Total: 2 Patio And Porch: Covered, Front Porch, Patio Property Condition: Updated/Remodeled

Tax Legal Description: MONTBELLO NO 15 B9 L16 Tax Year: 2020 Virtual Tour: View Water Source: Public Zoning: S-SU-D

Roof: Composition Security Features: Smoke Detector(s)

John Taylor The Bartic Group Cell: 3039156054

9

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Remarks Are you looking for a fantastic home that has recently been renovated? Look no further! Complete with 3 bedrooms 2 bathrooms this home includes all new paint and flooring throughout. The open kitchen has been updated with new shaker cabinets, granite countertops, and stainless steel appliances. Home also has a brand new HVAC system. Has a large backyard that is perfect for hosting, playing, or simply enjoying the amazing Colorado weather. Finally enjoy the low energy bills with the owned solar panels! Come look at this great home before its gone!

John Taylor The Bartic Group Cell: 3039156054

10

Comparative Market Analysis

13071 Olmsted Place $475,000 CLOSED

4/5/22

5510 Salem Street, Denver, Colorado 80239 Denver, CO 80239

3 Beds 2.00 Baths Year Built 1969

MLS #4104781 1,732 Sq. Ft. ($274 / sqft) Days on market: 11

John Taylor The Bartic Group Cell: 3039156054

11

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

12234 E Berkeley Place $485,000 CLOSED

Denver, CO 80239

5 Beds 2.00 Baths Year Built 1975

3/30/22

MLS #8943383 2,269 Sq. Ft. ($214 / sqft) Days on market: 4

Details Prop Type: Single Family Residence County: Denver Subdivision: Montbello

Lot Size (sqft): 8,090

School District: Denver 1

List date: 3/1/22

Updated: Apr 11, 2022 5:15 PM

Sold date: 3/30/22

List Price: $465,000

Off-market date: 3/5/22

Orig list price: $465,000

Middle: Noel Community Arts School

Taxes: $1,721

Elementary: Amesse

Construction Materials: Brick

Interior Features: In-Law Floor Plan

Cooling: Central Air Direction Faces: East

Laundry Features: In Unit

Parking Features: Concrete, DrivewayGravel

Electric: 220 Volts

Levels: One

Exterior Features: Private Yard

Listing Terms: Cash, Conventional, FHA, VA Loan

Full baths: 2.0

High: Montbello

Features Appliances: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer Association Yn: false Basement: Finished, Full Building Area Source: Public Records Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 5000

Fencing: Full Flooring: Carpet, Laminate, Tile, Vinyl

Parking Total: 3 Road Responsibility: Public Maintained Road Road Surface Type: Paved

Living Area Total: 2269

Roof: Composition

Lot Features: Level

Heating: Forced Air

Main Level Bathrooms: 1

Senior Community Yn: false

Horse Yn: false

Main Level Bedrooms: 3

Sewer: Public Sewer Structure Type: House

John Taylor The Bartic Group Cell: 3039156054

12

Comparative Market Analysis

Tax Legal Description: MONTBELLO NO 26 B1 L31 Tax Year: 2020

5510 Salem Street, Denver, Colorado 80239

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

Virtual Tour: View Water Source: Public Zoning: S-SU-D

Remarks This home is a great 5 Bedroom, 2 Bath Single Family Ranch Style property in the City and County of Denver. The home sits on a large 8000+ square foot lot with a full basement with a separate entrance. The main floor has three bedrooms with a spacious and private primary bedroom (the garage was converted to the bedroom)tile floor in the kitchen, living room, and dining area. The basement has a kitchenette, a second bathroom, and two non-conforming bedrooms. There is no HOA, and the expansive private fenced yard is waiting for your personal touches. This is a desirable location close to Downtown Denver, Public Transportation, Denver International Airport & amenities. See today.

John Taylor The Bartic Group Cell: 3039156054

13

Comparative Market Analysis

12234 E Berkeley Place $485,000 CLOSED

3/30/22

5510 Salem Street, Denver, Colorado 80239 Denver, CO 80239

5 Beds 2.00 Baths Year Built 1975

MLS #8943383 2,269 Sq. Ft. ($214 / sqft) Days on market: 4

John Taylor The Bartic Group Cell: 3039156054

14

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

5545 Salem Street

Denver, CO 80239

$510,000 CLOSED

5 Beds 2.00 Baths Year Built 1969

6/17/22

MLS #4343036 1,876 Sq. Ft. ($272 / sqft) Days on market: 5

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 5/24/22

School District: Denver 1

Lot Size (sqft): 6,600

High: High Tech EC

County: Denver

Garages: 2

Updated: Jun 18, 2022 6:26 PM

Subdivision: Montbello

List date: 5/19/22

List Price: $490,000

Middle: Dr. Martin Luther King

Style: Traditional

Sold date: 6/17/22

Orig list price: $490,000

Elementary: Amesse

Full baths: 1.0

Taxes: $1,851

Features Appliances: Dryer, Microwave, Oven, Refrigerator, Washer

Cooling: None Direction Faces: East

Association Yn: false

Exterior Features: Private Yard

Basement: Cellar, Finished, Full

Fencing: Full

Below Grade Unfinished Area: 152.0

Heating: Forced Air, Natural Gas

Listing Terms: Cash, Conventional, FHA, VA Loan

Senior Community Yn: false

Living Area Total: 1876

Structure Type: House

Lot Features: Level, Near Public Transit

Tax Legal Description: MONTBELLO NO 15 B2 L5

Main Level Bathrooms: 1

Tax Year: 2021 Utilities: Cable Available

Parking Total: 2

View: City

Sewer: Public Sewer

Building Area Source: Public Records

Interior Features: Eat-in Kitchen, Kitchen Island, Wired for Data

Main Level Bedrooms: 3

Concessions: No

Roof: Composition

Levels: One

Virtual Tour: View

Security Features: Smoke Detector(s)

Water Source: Public

Construction Materials: Brick, Frame

John Taylor The Bartic Group Cell: 3039156054

15

Comparative Market Analysis

Window Features: Double Pane Windows

5510 Salem Street, Denver, Colorado 80239

Zoning: S-SU-D

Remarks Great single-family, ranch-style home in Denver. A little TLC will go a long way in this 4 bedroom 2 bathroom with the garage turned into a full studio. Main level has hardwood floors, Living Room, Kitchen with stainless-steel appliances, 3 bedrooms, and full bathroom. Basement has large Rec Room, 2 bedrooms (1 non-conforming), and 3/4 bathroom. Spacious back yard with mature trees, expansive concrete slab is ideal for RV/Boat parking! Call now to schedule your showing!

John Taylor The Bartic Group Cell: 3039156054

16

Comparative Market Analysis

5545 Salem Street $510,000 CLOSED

6/17/22

5510 Salem Street, Denver, Colorado 80239 Denver, CO 80239

5 Beds 2.00 Baths Year Built 1969

MLS #4343036 1,876 Sq. Ft. ($272 / sqft) Days on market: 5

John Taylor The Bartic Group Cell: 3039156054

17

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

12901 Olmsted Place

Denver, CO 80239

$480,000 CLOSED

6/10/22

MLS #4667887

2 Beds 2.00 Baths

1,516 Sq. Ft. ($317 / sqft)

Year Built 1969

Days on market: 63

Details Prop Type: Single Family Residence County: Denver Subdivision: MONTBELLO NO 15

Lot Size (sqft): 9,730

School District: Denver 1

List date: 3/10/22

Updated: Jun 12, 2022 4:25 PM

Sold date: 6/10/22

List Price: $480,000

Off-market date: 5/12/22

Orig list price: $530,000

Middle: DCIS at Montbello

Taxes: $1,516

Elementary: Amesse

High: DCIS at Montbello

Full baths: 2.0

Features Appliances: Microwave, Oven

Concessions Amount: 3090

Listing Terms: Cash, Conventional, VA Loan

Sewer: Public Sewer

Association Yn: false

Construction Materials: Brick, Wood Siding

Living Area Total: 1516

Below Grade Unfinished Area: 216.0

Cooling: Central Air

Main Level Bathrooms: 1

Tax Legal Description: MONTBELLO NO 15 B9 L24

Heating: Electric

Main Level Bedrooms: 2

Tax Year: 2020

Concessions: Buyer Closing Costs/Seller Points Paid

Interior Features: Granite Counters

Roof: Other

Utilities: Electricity Available, Natural Gas Available

Basement: Full, Partial

Levels: One

Lot Features: Level

Senior Community Yn: false

Structure Type: House

Zoning: S-SU-D

John Taylor The Bartic Group Cell: 3039156054

18

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Remarks Fantastic 3 bedroom home in sought after Denver, CO location. The kitchen boasts generous counter space and a breakfast bar, making cooking and entertaining a delight. Lighting, ceiling fans, and fixtures throughout. Relax in your primary suite, complete with a walk-in closet. Relax with your favorite drink in the fenced in backyard with great potential for adding personal touches. Hurry, this wont last long!

John Taylor The Bartic Group Cell: 3039156054

19

Comparative Market Analysis

12901 Olmsted Place $480,000 CLOSED

6/10/22

5510 Salem Street, Denver, Colorado 80239 Denver, CO 80239

MLS #4667887

2 Beds 2.00 Baths

1,516 Sq. Ft. ($317 / sqft)

Year Built 1969

Days on market: 63

John Taylor The Bartic Group Cell: 3039156054

20

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

12902 Olmsted Place

Denver, CO 80239

$446,000 CLOSED

5 Beds 3.00 Baths Year Built 1970

2/23/22

MLS #8890208 2,309 Sq. Ft. ($193 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

School District: Denver 1

List date: 1/13/22

Updated: Feb 24, 2022 5:02 AM

Sold date: 2/23/22

List Price: $375,000

Off-market date: 1/21/22

Orig list price: $375,000

Middle: Noel Community Arts School

Taxes: $1,707

Elementary: Amesse

Concessions: Buyer Closing Costs/Seller Points Paid

Interior Features: Limestone Counters

Senior Community Yn: false

Levels: One

Sewer: Public Sewer

Association Yn: false

Concessions Amount: 4000

Structure Type: House

Basement: Finished, Full, Interior Entry/Standard

Construction Materials: Brick

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 2309

Tax Legal Description: MONTBELLO NO 15 B10 L10

Below Grade Unfinished Area: 121.0

Cooling: Central Air

Lot Features: Level

Tax Year: 2020

Flooring: Carpet, Laminate, Tile

Main Level Bathrooms: 2

Utilities: Cable Available

Heating: Forced Air, Natural Gas

Main Level Bedrooms: 3 Parking Total: 2

Window Features: Double Pane Windows

Roof: Composition

Zoning: S-SU-D

County: Denver Subdivision: Montbello 15

Lot Size (sqft): 8,170

Full baths: 3.0

High: High Tech EC

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

Building Area Source: Public Records

John Taylor The Bartic Group Cell: 3039156054

21

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Remarks If you're looking for an amazing place to call home, look no further! With 5 bedrooms (2 bedrooms in basement are non-conforming), 3 bathrooms, and over 2,400 square feet, this house will provide you with all the space and comfort you need. It also has a large backyard that is perfect for hosting get-togethers, playing with children and pets, or simply enjoying the outdoors. Come look at this great home while you have a chance!

John Taylor The Bartic Group Cell: 3039156054

22

Comparative Market Analysis

12902 Olmsted Place $446,000 CLOSED

2/23/22

5510 Salem Street, Denver, Colorado 80239 Denver, CO 80239

5 Beds 3.00 Baths Year Built 1970

MLS #8890208 2,309 Sq. Ft. ($193 / sqft) Days on market: 4

John Taylor The Bartic Group Cell: 3039156054

23

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Comparable Property Statistics A

1 Active Listings LOWEST

$465,000

S

AVERAGE

$465,000

HIGH

$465,000

AVG PRICE / SQFT

AVG DOM

$287

36

AVG PRICE / SQFT

AVG DOM

$254

17

5 Sold Listings LOWEST

$446,000

AVERAGE

$479,200

HIGH

$510,000

John Taylor The Bartic Group Cell: 3039156054

24

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Sold Property Analysis Averages

105.1%

Homes sold for an average of 105.1% of their list price.

17

Days on market

It took an average of 17 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

13071 Olmsted Place

$499,900

$475,000

95.02%

11

$274

12234 E Berkeley Place

$465,000

$485,000

104.30%

4

$214

5545 Salem Street

$490,000

$510,000

104.08%

5

$272

12901 Olmsted Place

$530,000

$480,000

90.57%

63

$317

12902 Olmsted Place

$375,000

$446,000

118.93%

4

$193

$471,980

$479,200

101.53%

17

$254

Averages

John Taylor The Bartic Group Cell: 3039156054

25

Comparative Market Analysis

5510 Salem Street, Denver, Colorado 80239

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

12314 Olmsted Drive

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

3.00

1,622

$465,000

$287

1,622

$465,000

$287

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

4/5/22

3

2.00

1,732

$475,000

$274

12234 E Berkeley Place

3/30/22

5

2.00

2,269

$485,000

$214

5545 Salem Street

6/17/22

5

2.00

1,876

$510,000

$272

12901 Olmsted Place

6/10/22

2

2.00

1,516

$480,000

$317

12902 Olmsted Place

2/23/22

5

3.00

2,309

$446,000

$193

1,940

$479,200

$254

13071 Olmsted Place

Averages

John Taylor The Bartic Group Cell: 3039156054

26

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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