CMA 463 S Kline St

COMPARATIVE MARKET ANALYSIS

463 South Kline Street, Lakewood, Colorado 80226

PREPARED FOR

Ray Torrez AUGUST 1, 2022

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

ONLINE VALUATION ANALYSIS

ANALYSIS

Active Listings Address

Price

297 S Hoyt Street

$340,000

Zestimate

Difference

$342,881

0.8%

Pending Listings Address

Price

Zestimate

Difference

400 S Lee Street

$425,000

$428,899

0.9%

348 S Newcombe Street

$400,000

$403,264

0.8%

Sold Listings Address

Sold Date

Sold Price

Zestimate

Difference

333 S Miller Street

11/30/21

$385,000

$486,900

26.5%

395 S Lewis Street

5/23/22

$550,000

$558,600

1.6%

335 S Lewis Street

9/24/21

$425,000

$467,800

10.1%

435 S Iris Court

5/20/22

$560,000

$563,300

0.6%

Source:

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

463 S Kline St, Lakewood, CO 80226-2747, Jefferson County APN: 054022

CLIP: 9231164290

Beds 3

Full Baths 1

Half Baths 1

Sale Price $184,900

Bldg Sq Ft 1,120

Lot Sq Ft 10,027

Yr Built 1959

Type SFR

Sale Date 03/18/2002

OWNER INFORMATION

Owner Name

Torrez Raymond III

Mailing ZIP 4

2747

Mailing Address

463 S Kline St

Mailing Carrier Route

C048

Mailing City & State

Lakewood, CO

Owner Occupied

Yes

Mailing Zip

80226

LOCATION INFORMATION

Property Zip

80226

Census Tract

117.08

Property Zip4

2747

Neighborhood Code

Briarwood-3012

Property Carrier Route

C048

Township

04

School District

Jefferson County R-1

Range

69

Elementary School

Glennon Heights

Section

16

Middle School

Creighton

Quarter

NE

High School

Lakewood

Block

3

Subdivision

Virginia Dale

Lot

19

PIN

054022

% Improved

62%

Alternate PIN

49-161-03-012

Tax District

7033

Schedule Number

054022

Legal Description

SECTION 16 TOWNSHIP 04 RANG E 69 SUBDIVISIONCD 783600 SUB DIVISIONNAME VIRGINIA DALE B LOCK 003 LOT 0019 SIZE: 10027 T RACT VALUE: .230

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$144,801

$130,123

$130,123

Market Value - Improved

$238,227

$210,615

$210,615

Market Value - Total

$383,028

$340,738

$340,738

Assessed Value - Land

$10,353

$9,304

$9,304

Assessed Value - Improved

$17,033

$15,059

$15,059

Assessed Value - Total

$27,386

$24,363

$24,363

YOY Assessed Change (%)

12.41%

0%

YOY Assessed Change ($)

$3,023

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,178

2020

$2,206

$29

1.31%

2021

$2,491

$285

12.91%

CHARACTERISTICS

Lot Acres

0.2302

Bedrooms

3

Lot Sq Ft

10,027

Baths - Total

2

Land Use - CoreLogic

SFR

Baths - Full

1

Building Type

Single Family

Baths - Half

1

Style

Ranch

Stories

1

Year Built

1959

Heat Type

Forced Air

Bldg Sq Ft - Above Ground

1,120

Garage Type

Detached Garage

Bldg Sq Ft - Basement

1,120

Garage Sq Ft

819

Bldg Sq Ft - Unfinished Basement

1,120

Construction

Masonry

Bldg Sq Ft - Finished

1,120

Water

Type Unknown

Bldg Sq Ft - 1st Floor

1,120

Sewer

Type Unknown

Basement Type

Basement

Quality

Average

# Buildings

1

Property Details

Courtesy of Chief Gallegos, 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: 08/02/22 Page 1/3

FEATURES

Feature Type

Size/Qty

Detached Garage

819

Basement Total

1,120

First Floor

1,120

SELL SCORE

Rating

Low

Sell Score

420

Value As Of

2022-07-31 05:10:26

LAST MARKET SALE & SALES HISTORY

Sale Date

03/18/2002

Sale Type

Full

Sale Price

$184,900

Deed Type

Administrator's Deed

Price per SqFt - Finished

$165.09

Owner Name

Torrez Raymond III

Document Number

F1450233

Seller

Allen Andrea S

Sale Date

09/28/2007

03/18/2002

Sale Price

03/18/2002

03/26/2002

10/03/1990

$184,900

Nominal

Y

Y

Buyer

Torrez Raymond III

Torrez Judy A

Y

Buyer

Torrez Anthony N

Seller

Torrez Raymond III & J udy A

Torrez Judy & Raymon d

Allen Andrea S

Owner Record

Allen John F

Document Number

115099

F1450236

F1450233

F1450232

90087572

Document Type

Special Warranty Deed

Quit Claim Deed

Administrator's Deed

Deed (Reg)

Quit Claim Deed

Title Company

Chicago

First American Heritag e Title

First American Heritag e Title

Mortgage Date

05/20/2021

06/08/2020

03/02/2018

02/17/2012

10/10/2007

Mortgage Amount

$248,500

$209,500

$192,000

$181,800

$188,000

Mortgage Lender

Fairway Independent M tg Corp

Fairway Independent M tg Corp

Eagle Hm Mtg LLC

Jp Morgan Chase Bk

Washington Mutual Bk Fa

Borrower

Torrez Raymond III

Torrez Raymond III

Torrez Raymond III

Torrez Raymond III

Torrez Raymond III

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Refi

Refi

Refi

Nominal

Mortgage Term

30

30

30

25

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Indecomm Global Svcs

Colorado Title Guarant y Co

Custom Recording Sol utions

Mortgage Date

11/15/2002

03/26/2002

03/26/2002

Mortgage Amount

$181,800

$147,900

$27,750

Mortgage Lender

Washington Mutual Bk Fa

Lehman Brothers Bk Fsb

Lehman Brothers Bk Fsb

Borrower

Torrez Judy A & Raymond III

Torrez Judy

Torrez Judy

Borrower

Torrez Anthony N

Mortgage Type

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Resale

Mortgage Int Rate

5.025

6.62

Mortgage Int Rate Type

Adjustable Int Rate Loan

Adjustable Int Rate Loan

Fixed Rate Loan

Mortgage Term

30

30

30

Mortgage Term

Years

Years

Years

Title Company

Cherry Creek Title

Torrez Judy

Allen Mark P

Allen Andrea S

Cobalt Fl

MORTGAGE HISTORY

Borrower

Torrez Anthony N

Mortgage Int Rate Mortgage Int Rate Type

Property Details

Courtesy of Chief Gallegos, 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: 08/02/22 Page 2/3

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Chief Gallegos, 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: 08/02/22 Page 3/3

MAP OF ALL LISTINGS

MLS #

Status

INTRO

Address

Price

0

Subject

463 South Kline Street, Lakewood, Colorado 80226

1

1665487

A

297 S Hoyt Street

$340,000

2

4004325

P

400 S Lee Street

$425,000

3

5639179

P

348 S Newcombe Street

$400,000

4

3973068

S

333 S Miller Street

$385,000

5

4495759

S

395 S Lewis Street

$550,000

6

9256159

S

335 S Lewis Street

$425,000

7

8700938

S

435 S Iris Court

$560,000

Status: A = Active, P = Pending, S = Closed

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS A

MLS #1665487

297 S Hoyt Street, Lakewood

$340,000

Listing information

Courtesy of Streamline Property Group, Inc.

MLS#: 1665487

Beds: 3

SqFt: 1,494

List Date: 6/16/22

Status: Active

Baths: 1.00

YrBlt: 1981

DOM: 5

Features Association Fee Frequency: Monthly Association Fee Includes: Capital Reserves, Insurance, Water Association Name: Campus West Condominium Association Association Phone: 720-377-0100 Association YN: true Building Area Source: Public Records Construction Materials: Frame Cooling: None Heating: Forced Air, Hot Water Levels: One Listing Terms: 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan Living Area Total: 1494 Main Level Bathrooms: 1 Main Level Bedrooms: 3 Pets Allowed: Cats OK, Dogs OK Property Condition: Fixer Roof: Unknown Senior Community YN: false Remarks Great opportunity to fix and flip or add sweat equity. This property makes a great investment opportunity and was previously a rental. Spacious 3 bed 1 bath property ready for someone who wants a project. Layout is generous and could be reworked to add another bathroom. Backs to Frisbee golf course.

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

LISTING PHOTOS A

297 S Hoyt Street, Lakewood

MLS #1665487 $340,000

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS P

MLS #4004325

400 S Lee Street, Lakewood

$425,000

Listing information

Courtesy of RE/MAX 100 INC.

MLS#: 4004325

Beds: 3

SqFt: 1,079

List Date: 7/19/22

Status: Pending

Baths: 1.00

YrBlt: 1958

DOM: 10

Features Lot Size: 10221.0 Association YN: false Basement: Full, Unfinished Below Grade Unfinished Area: 1079.0 Building Area Source: Public Records Construction Materials: Brick, Frame Cooling: Central Air Fencing: Full Flooring: Carpet, Linoleum Foundation Details: Concrete Perimeter Heating: Forced Air Interior Features: High Speed Internet, Smoke Free Levels: Two Listing Terms: Cash, Conventional Living Area Total: 1079 Main Level Bathrooms: 1 Main Level Bedrooms: 3 Parking Total: 1 Property Condition: Updated/Remodeled Roof: Composition Senior Community YN: false Remarks Great opportunity for investor or a buyer with update skills. Great Lakewood neighborhood convenient to schools, services and shopping and easy commute to downtown or getaway to the mountains.

Location Location. Big lot. Nice views. Full unfinished basement ready for your own purpose and design. Windows have all been replaced as well as the garage door. Newer tankless hot water heater plus updated furnace. Tremendous upside all around. Structural reports provided due to cracks in walls and foundation. Seller is elderly and the sale will be as-is, notwithstanding a $14,000 credit for foundation repair. Priced for flip, investor hold or a resourceful homeowner to build sweat equity.

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

LISTING PHOTOS P

400 S Lee Street, Lakewood

MLS #4004325 $425,000

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS P

MLS #5639179

348 S Newcombe Street, Lakewood

Listing information

$400,000 Courtesy of LIFEPOINT REALTY LLC

MLS#: 5639179

Beds: 2

SqFt: 820

List Date: 7/14/22

Status: Pending

Baths: 1.00

YrBlt: 1957

DOM: 8

Features Lot Size: 10626.0 Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer Association YN: false Basement: Crawl Space Construction Materials: Brick, Cedar Cooling: None Direction Faces: West Distance To Bus Numeric: 1 Distance To Bus Units: Blocks Fencing: Full Heating: Forced Air Levels: One Listing Terms: Cash, Conventional Living Area Total: 820 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 2 Property Condition: Fixer Roof: Composition Senior Community YN: false Sewer: Public Sewer Structure Type: House Remarks Are you looking for a Fixer-Upper? A well loved home looking for a re-set? Investment Property Close to everything? Looking for a large lot to do some urban farming? This is a great little house that needs some TLC but the possibilities are endless!! This home is right across from the Federal Center.

Blocks away from Light Rail. Steps away from a bus line. Two minutes to St Anthony's Hospital and Medical Complexes. Everything is nearby! Come take a look-- the baton is ready to be passed--Make an offer! It is an Estate Sale and the home is strictly being sold as-is so keep that in mind as you make your offer. (More Photos will be uploaded this weekend)

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

LISTING PHOTOS P

348 S Newcombe Street, Lakewood

MLS #5639179 $400,000

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS S

MLS #3973068

333 S Miller Street, Lakewood

$385,000

Listing information

Courtesy of Financial Security Realty

MLS#: 3973068

Beds: 2

SqFt: 830

Sold Date: 11/30/21

Status: Closed

Baths: 1.00

YrBlt: 1957

DOM: 3

Features Lot Size: 10473.0 Association YN: false Basement: Crawl Space Building Area Source: Public Records Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 10000 Construction Materials: Vinyl Siding Cooling: None Direction Faces: East Fireplace Features: Living Room Fireplaces Total: 1 Flooring: Wood Heating: Forced Air Levels: One Listing Terms: Cash, Conventional Living Area Total: 830 Main Level Bathrooms: 1 Main Level Bedrooms: 2 Parking Total: 1 Property Condition: Fixer Roof: Unknown Senior Community YN: false Sewer: Public Sewer Remarks Great opportunity in central Lakewood - 2 bedroom ranch that's close to Federal Center, Addenbrooke Park and 6th Avenue. Attached garage and nice size 1/4 acre lot. Hardwood floors and newer electrical panel. Property needs some work and is sold as-is - seller will not do any repairs.

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

LISTING PHOTOS S

333 S Miller Street, Lakewood

MLS #3973068 $385,000

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS S

MLS #4495759

395 S Lewis Street, Lakewood

$550,000

Listing information

Courtesy of Lark & Key Real Estate

MLS#: 4495759

Beds: 3

SqFt: 1,188

Sold Date: 5/23/22

Status: Closed

Baths: 1.00

YrBlt: 1956

DOM: 4

Features Lot Size: 9750.0 Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Association YN: false Building Area Source: Public Records Concessions: No Construction Materials: Frame Cooling: Central Air Distance To Bus Numeric: 2 Distance To Bus Units: Blocks Exterior Features: Private Yard Flooring: Carpet, Wood Heating: Forced Air Interior Features: No Stairs, Radon Mitigation System Levels: One Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1188 Lot Features: Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1 Remarks Tastefully updated, sunny ranch home on a large lot with mature trees. Tons of natural light highlights the hardwood floors and new designer interior paint. The open floor plan flows out to a covered patio and a yard featuring mountain views, a Norwegian Maple tree and a shed with electricity and a window that would make a fabulous artists studio, playroom, or reading retreat. Current owners have lovingly maintained this home with new siding, professional maintenance of the trees, a new radon mitigation system, and more. This amazing location is just down the road from all of the trails in Green Mountain, 4 blocks to Addenbrooke Park, minutes to Highway 6 and the Federal Center, and less than 10 minutes from Belmar.

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

LISTING PHOTOS S

395 S Lewis Street, Lakewood

MLS #4495759 $550,000

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS S

MLS #9256159

335 S Lewis Street, Lakewood

$425,000

Listing information

Courtesy of Precision Homes Real Estate

MLS#: 9256159

Beds: 3

SqFt: 936

Sold Date: 9/24/21

Status: Closed

Baths: 1.00

YrBlt: 1954

DOM: 3

Features Lot Size: 9147.0 Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator Association YN: false Basement: Crawl Space Building Area Source: Public Records Concessions: No Construction Materials: Frame, Wood Siding Cooling: Central Air Exterior Features: Lighting, Private Yard, Rain Gutters Fencing: Partial Flooring: Carpet, Laminate Heating: Forced Air Interior Features: Eat-in Kitchen, Kitchen Island, No Stairs, Open Floorplan, Quartz Counters, Walk-In Closet(s) Laundry Features: Laundry Closet Levels: One Listing Terms: Cash, Conventional Remarks Beautifully remodeled ranch in the great Virginia Dale neighborhood! This warm, open and contemporary styled home boasts 3 bedrooms and 1 full bathroom. Brand new quartz countertops, stark white cabinets and stainless-steel appliances give this kitchen a crisp modern feel. New flooring and fresh paint throughout. Convenience is yours with in-unit laundry hook-ups! Concrete driveway allows for 2 off-street parking spots, as well as ample street parking for your guests! Walking distance to Addenbrooke park that has multiple acres of green space with baseball fields, a playground & courts for basketball & tennis plus picnic areas. Dont miss your opportunity to call this incredible property, home!

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

LISTING PHOTOS S

335 S Lewis Street, Lakewood

MLS #9256159 $425,000

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

PROPERTY DETAILS S

MLS #8700938

435 S Iris Court, Lakewood

$560,000

Listing information

Courtesy of Equity Colorado Real Estate

MLS#: 8700938

Beds: 3

SqFt: 1,230

List Date:

Status: Closed

Baths: 3.00

YrBlt:

Sold Date: 5/20/22

Features Lot Size: 7737.0 Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 2500 Living Area Total: 2460 Parking Total: 2 Structure Type: House Tax Legal Description: SECTION 15 TOWNSHIP 04 RANGE 69 SUBDIVISIONCD 012000 SUBDIVISIONNAME ALAMEDA HOMES 2ND FLG BLOCK 005 LOT 0005 SIZE: 7737 TRACT VALUE: .178 Tax Year: 2020 Remarks

Photo not available

Photo not available

Information is deemed reliable but not guaranteed.

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

COMPARABLE PROPERTY STATISTICS

ANALYSIS

Active Listings Number of listings

1

Lowest price

$340,000

Average price

$340,000

Highest price

$340,000

Avg price per sqft

$228

Avg DOM

5

Pending Listings Number of listings

2

Lowest price

$400,000

Average price

$412,500

Highest price

$425,000

Avg price per sqft Avg DOM

$441 9

Sold Listings Number of listings

4

Lowest price

$385,000

Average price

$480,000

Highest price

$560,000

Avg price per sqft Avg DOM

$459 3

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

SOLD PROPERTY ANALYSIS

Address

Orig List Price

Sold Price

333 S Miller Street

$399,000

$385,000

395 S Lewis Street

$495,000

335 S Lewis Street 435 S Iris Court Averages

ANALYSIS

% of Orig List Price

DOM

$ per Sqft

96.49%

3

$464

$550,000

111.11%

4

$463

$385,000

$425,000

110.39%

3

$454

$560,000

$560,000

100.00%

$459,750

$480,000

104.40%

$455 3

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509

$459

SUMMARY OF COMPARABLE PROPERTIES

INTRO

Active Listings Address

Beds

297 S Hoyt Street

Baths

3

YrBlt

1.00

1981

Averages

SqFt

Lot Size

1,494 1,494

Price

Sold Date

$340,000 0

$340,000

Pending Listings Address

Beds

Baths

YrBlt

SqFt

Lot Size

400 S Lee Street

3

1.00

1958

1,079

10,221

$425,000

348 S Newcombe Street

2

1.00

1957

820

10,626

$400,000

949

10,423

$412,500

Averages

Price

Sold Date

Sold Listings Address

Beds

Baths

YrBlt

333 S Miller Street

2

1.00

1957

830

10,473

$385,000

11/30/21

395 S Lewis Street

3

1.00

1956

1,188

9,750

$550,000

5/23/22

335 S Lewis Street

3

1.00

1954

936

9,147

$425,000

9/24/21

435 S Iris Court

3

3.00

1,230

7,737

$560,000

5/20/22

1,046

9,276

$480,000

Averages

SqFt

Lot Size

Price

Sold Date

Chief Gallegos | 50 S. Steele St. Denver CO 80209 | Mobile: 303-483-8509 | Office: 303-483-8509