CMA for 9408 Highland Pl

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

Michael Layer AUGUST 2, 2022

Chief Gallegos

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

Online Valuation Analysis How accurate are Zestimates?

4.5%

$29,500

Zestimates varied up to 4.5% or $29,500 compared to actual MLS prices.

A

2 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

5352 Garrison Street

$580,000

$576,363

-0.6%

5380 Iris Street

$670,000

$680,864

1.6%

PRICE

ZESTIMATE

DIFFERENCE

$574,900

$575,859

0.2%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

9275 W 53rd Place

5/28/22

$545,000

$554,600

1.8%

9705 Ridge Road

5/31/22

$575,000

$589,800

2.6%

9838 W 53rd Avenue

5/19/22

$610,000

$635,800

4.2%

5340 Independence Street

4/20/22

$657,000

$627,500

-4.5%

5/9/22

$779,000

$794,200

2.0%

P

1 Pending

ADDRESS

5315 Hoyt Street

S

5 Sold

ADDRESS

9400 Ridge Road

Source: Zillow

Chief Gallegos Cell: 303-483-8509

3

9408 Highland Pl, Arvada, CO 80002-2906, Jefferson County APN: 007295

CLIP: 8621103821

Beds 4

Full Baths 1

Half Baths 1

Sale Price $120,500

Bldg Sq Ft 875

Lot Sq Ft 7,555

Yr Built 1955

Type SFR

Sale Date 12/22/1998

OWNER INFORMATION

Owner Name

Layer Michael A

Mailing ZIP 4

2906

Mailing Address

9408 Highland Pl

Mailing Carrier Route

C009

Mailing City & State

Arvada, CO

Owner Occupied

Yes

Mailing Zip

80002

LOCATION INFORMATION

Property Zip

80002

Census Tract

103.08

Property Zip4

2906

Neighborhood Code

Arvada Plaza Area-2329

Property Carrier Route

C009

Township

03

School District

Jefferson County R-1

Range

69

Elementary School

Arvada K-8

Section

15

Middle School

Arvada

Quarter

NW

High School

Arvada

Lot

18

Subdivision

Arvada Acres

TAX INFORMATION

PIN

007295

% Improved

56%

Alternate PIN

39-152-14-014

Tax District

1013

Schedule Number

007295

Legal Description

SECTION 15 TOWNSHIP 03 RANG E 69 SUBDIVISIONCD 045600 SUB DIVISIONNAME ARVADA ACRES BLOCK LOT 0018 SIZE: 7555 TRA CT VALUE: .173

ASSESSMENT & TAX

Assessment Year

2021

2020

2019

Market Value - Land

$155,732

$140,338

$140,338

Market Value - Improved

$198,353

$184,957

$184,957

Market Value - Total

$354,085

$325,295

$325,295

Assessed Value - Land

$11,135

$10,034

$10,034

Assessed Value - Improved

$14,182

$13,224

$13,224

Assessed Value - Total

$25,317

$23,258

$23,258

YOY Assessed Change (%)

8.85%

0%

YOY Assessed Change ($)

$2,059

$0

Tax Year

Total Tax

Change ($)

Change (%)

2019

$2,214

2020

$2,244

$30

1.37%

2021

$2,450

$206

9.16%

CHARACTERISTICS

Lot Acres

0.1734

# Buildings

1

Lot Sq Ft

7,555

Bedrooms

4

Land Use - CoreLogic

SFR

Baths - Total

2

Building Type

Single Family

Baths - Full

1

Style

Ranch

Baths - Half

1

Year Built

1955

Stories

1

Bldg Sq Ft - Above Ground

875

Heat Type

Forced Air

Bldg Sq Ft - Basement

875

Garage Type

Carport

Bldg Sq Ft - Finished Basement

787

Construction

Metal

Bldg Sq Ft - Unfinished Basement

88

Water

Type Unknown

Bldg Sq Ft - Finished

875

Sewer

Type Unknown

Bldg Sq Ft - 1st Floor

875

Quality

Fair

Basement Type

Partial Finished

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: 08/03/22 Page 1/2

FEATURES

Feature Type

Size/Qty

Carport

700

Res

700

Detached

875

Carport

875

Basement Total First Floor SELL SCORE

Rating

Low

Sell Score

370

Value As Of

2022-07-31 05:10:26

LAST MARKET SALE & SALES HISTORY

Sale Date

12/22/1998

Sale Type

Full

Sale Price

$120,500

Deed Type

Warranty Deed

Price per SqFt - Finished

$137.71

Owner Name

Layer Michael A

Document Number

F0765412

Seller

Tapia Dorothy L

Sale Date

12/22/1998

06/08/1995

Sale Price

$120,500

$96,000

Buyer

Layer Michael A

Tapia Dorothy L

Seller

Tapia Dorothy L

Wilson Barbara J

Document Number

F0765412

F0069225

Document Type

Warranty Deed

Warranty Deed

MORTGAGE HISTORY

Mortgage Date

03/23/2004

09/10/2002

10/08/2001

12/24/1998

06/13/1995

Mortgage Amount

$172,000

$147,000

$133,000

$120,315

$76,800

Mortgage Lender

Taylor Bean & Whitake r Mtg

Fps Mtg LLC

E Trade Mtg Corp

American United Mtg

Metmor Fin'l Inc

Borrower

Layer Michael A

Layer Michael A

Layer Michael A

Layer Michael A

Tapia Dorothy L

Mortgage Type

Conventional

Conventional

Conventional

Fha

Conventional

Mortgage Purpose

Refi

Refi

Refi

Resale

Resale

Mortgage Int Rate Type

Fixed Rate Loan

Fixed Rate Loan

Mortgage Term

15

30

30

Mortgage Term

Years

Years

Years

Title Company

Transnation Title

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: 08/03/22 Page 2/2

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

P = PENDING

S = CLOSED

BEDS

BATHS

SQFT

PRICE

9408 Highland Pl

4

2.00

875

-

1

Subject

2

5066721

A

5352 Garrison Street

4

2.00

963

$580,000

3

4242572

A

5380 Iris Street

4

2.00

1,134

$670,000

4

5527495

P

5315 Hoyt Street

4

2.00

975

$574,900

5

8433184

S

9275 W 53rd Place

3

2.00

1,040

$545,000

6

4824006

S

9705 Ridge Road

5

2.00

984

$575,000

7

9577855

S

9838 W 53rd Avenue

4

2.00

1,019

$610,000

8

6631332

S

5340 Independence Street

4

2.00

975

$657,000

9

9996851

S

9400 Ridge Road

4

2.00

875

$779,000

Chief Gallegos Cell: 303-483-8509

5

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

5352 Garrison Street

Arvada, CO 80002

$580,000 ACTIVE

4 Beds 2.00 Baths Year Built 1963

7/6/22

MLS #5066721 963 Sq. Ft. ($602 / sqft) Days on market: 17

Details Prop Type: Single Family Residence

Full baths: 2.0 Lot Size (sqft): 8,448

Updated: Jul 31, 2022 9:05 AM

School District: Jefferson County R-1

County: Jefferson

Garages: 1

List Price: $580,000

High: Arvada

Subdivision: Arvada Plaza

List date: 7/6/22

Orig list price: $590,000

Middle: Arvada K-8

Taxes: $2,861

Elementary: Lawrence

Style: Mid-Century Modern

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Sump Pump, Washer

Flooring: Carpet, Tile, Vinyl, Wood

Main Level Bathrooms: 1

Heating: Active Solar, Forced Air, Natural Gas

Parking Features: Concrete

Security Features: Carbon Monoxide Detector(s), Radon Detector, Smoke Detector(s), Video Doorbell

Association Yn: false

Interior Features: Ceiling Fan(s), Granite Counters, Pantry, Radon Mitigation System, Smoke Free

Parking Total: 3

Senior Community Yn: false

Patio And Porch: Deck, Front Porch

Sewer: Public Sewer

Basement: Finished, Full, Sump Pump Construction Materials: Brick

Laundry Features: In Unit

Cooling: Evaporative Cooling

Levels: One

Exterior Features: Fire Pit, Garden, Private Yard, Rain Gutters

Listing Terms: Cash, Conventional, FHA, VA Loan

Fencing: Full

Lot Features: Landscaped

Living Area Total: 1926

Main Level Bedrooms: 2

Road Frontage Type: Public Road Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition

Structure Type: House Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 263200 SUBDIVISIONNAME GARRISON 53 BLOCK LOT 0003 SIZE: 8448 TRACT VALUE: .194

Chief Gallegos Cell: 303-483-8509

6

Comparative Market Analysis

Tax Year: 2021

9408 Highland Place, Arvada, Colorado 80002

Utilities: Cable Available, Electricity Available, Internet Access (Wired)

Virtual Tour: View Water Source: Public

Window Features: Double Pane Windows, Window Coverings

Remarks Stop searching and start living! Pride in home ownership with this mid-century Arvada charmer. This bright and open home faces west and is flooded with natural light and located just outside Olde Town Arvada. Walking in, you notice the unique tiled entrance combined with the original hardwood floors throughout which leads into a spacious Living/Dining Room combo. The natural flow leads you right into the large kitchen featuring freshly painted cabinets, new: hardware, granite countertops, backsplash, sink, disposal and lighting. The terrific layout continues into two large main bedrooms and full bath updated with new vanity top, sink, hardware and faucet. The beautifully finished basement is great for movie and game nights and also has two conforming bedrooms with egress windows. You'll also find a large laundry/storage room and another full bath. The back deck and fully fenced yard are perfect for outdoor entertaining and roasting marshmallows over the new firepit and watching the kids and dog play. The backyard is a blank canvas for inspiring landscapers. Professional plans were drawn up for complete backyard makeover. New in 2020: Evaporative Cooler and radon Mitigation System. New HW Heater 2019 and New garage door in 2021. Solar offsets the electric portion from Xcel.

Close proximity to I-70 for mountain access and Old Town Arvada shops, restaurants and bars make this home a winner.

Schedule your showing today!

Chief Gallegos Cell: 303-483-8509

7

Comparative Market Analysis

5352 Garrison Street $580,000 ACTIVE

7/6/22

9408 Highland Place, Arvada, Colorado 80002 Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1963

MLS #5066721 963 Sq. Ft. ($602 / sqft) Days on market: 17

Chief Gallegos Cell: 303-483-8509

8

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

5380 Iris Street $670,000 ACTIVE

MLS #4242572

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1955

7/14/22

1,134 Sq. Ft. ($591 / sqft) Days on market: 17

Details Prop Type: Single Family Residence

Full baths: 2.0 Lot Size (sqft): 7,193

Updated: Jul 31, 2022 10:05 AM

School District: Jefferson County R-1

County: Jefferson

Garages: 1

List Price: $670,000

High: Arvada

Subdivision: Independence

List date: 7/14/22

Orig list price: $670,000

Middle: Arvada K-8

Taxes: $2,829

Elementary: Arvada K-8

Interior Features: Built-in Features, Granite Counters, Open Floorplan, Smoke Free

Parking Total: 2

Style: Traditional

Features Appliances: Dishwasher, Disposal, Microwave, Range

Distance To Bus Units: Minutes

Association Yn: false

Electric: 220 Volts

Basement: Finished, Full

Exterior Features: Garden, Private Yard, Rain Gutters

Laundry Features: In Unit

Pets Allowed: Yes

Levels: One

Fencing: Full

Property Condition: Updated/Remodeled

Building Area Source: Public Records

Patio And Porch: Covered, Deck, Front Porch

Common Walls: No Common Walls

Flooring: Carpet, Wood

Listing Terms: Cash, Conventional, FHA, VA Loan

Foundation Details: Slab

Living Area Total: 2268

Construction Materials: Brick, Concrete

Furnished: Unfurnished Heating: Forced Air

Lot Features: Landscaped, Level, Many Trees, Near Public Transit

Road Responsibility: Public Maintained Road

Horse Yn: false

Main Level Bathrooms: 1

Roof: Composition

Cooling: Central Air Direction Faces: West Distance To Bus Numeric: 12

Road Frontage Type: Public Road

Road Surface Type: Paved

Main Level Bedrooms: 3 Parking Features: Concrete

Chief Gallegos Cell: 303-483-8509

9

Comparative Market Analysis

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s) Senior Community Yn: false Sewer: Public Sewer Structure Type: House

9408 Highland Place, Arvada, Colorado 80002

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 374200 SUBDIVISIONNAME INDEPENDENCE BLOCK LOT 0056 SIZE: 7193 TRACT VALUE: .165

Tax Year: 2021

Water Source: Public

Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available

Window Features: Double Pane Windows, Window Coverings

Virtual Tour: aView

Remarks Welcome home to this beautiful solid brick home in the heart of the popular Arvada community. This newly remodeled home includes so much new, from windows and interior paint, to the HVAC, AC and garage door. The roof is only 4 years old. As you pull up to the property in this quiet tight-knit community, you'll find a 1 car garage to keep your vehicle safe from the elements. Plenty of street parking is available + the extended driveway and adjacent RV parking. The large covered front porch is perfect for neighborhood watching or relaxing. Entering the front door you'll discover newly finished original hardwood floors all around + original contoured ceilings and entryways. Just beyond the living room you can find a dining area right off of the kitchen for convenience. This elegant kitchen includes granite counters, stainless steel appliances, bright inviting custom cabinets, + a perfect workspace to get tasks done while keeping an eye on the family or a meal on the stove. Recessed lighting mixes w/ natural lighting for the perfect aesthetic. Down the hall from the living room are 3 bedrooms. All bedrooms include carpet for warmth and comfort. The master bedroom includes its own ensuite full master bath via access through the attached barn door. Heading down to the basement you'll discover a large family room to customize to your liking. The laundry/utility room is nearby and a 4th bedroom includes double egress windows and its own en-suite full bath. Heading to the backyard via access from the kitchen, you'll find plenty of room for play, hosting gatherings and to create your own oasis. The deck is perfect for bbq's. This lot is a gardeners dream w/ so much room to make your own and is fully fenced. W/ shopping, entertainment, restaurants, trails, parks, quick access to I-70 and much more! The only thing missing from this home is you. Come, schedule your showing today!

Chief Gallegos Cell: 303-483-8509

10

Comparative Market Analysis

5380 Iris Street $670,000 ACTIVE

7/14/22

9408 Highland Place, Arvada, Colorado 80002

MLS #4242572

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1955

1,134 Sq. Ft. ($591 / sqft) Days on market: 17

Chief Gallegos Cell: 303-483-8509

11

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

5315 Hoyt Street $574,900 PENDING

MLS #5527495

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1958

7/27/22

975 Sq. Ft. ($590 / sqft) Days on market: 27

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,405 Garages: 1

Updated: Jul 27, 2022 3:01 AM

School District: Jefferson County R-1

County: Jefferson

List date: 6/30/22

List Price: $574,900

High: Arvada

Subdivision: Vada Valley

Pending date: 7/27/22

Orig list price: $585,000

Middle: Arvada K-8

Style: Traditional

Off-market date: 7/27/22

Taxes: $2,495

Elementary: Arvada K-8

Flooring: Carpet, Tile

Living Area Total: 1950

Foundation Details: Slab Furnished: Unfurnished

Lot Features: Landscaped, Level

Road Responsibility: Public Maintained Road

Heating: Forced Air

Main Level Bathrooms: 1

Roof: Composition

Interior Features: Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet

Main Level Bedrooms: 2

Senior Community Yn: false

Parking Features: Concrete

Sewer: Public Sewer

Parking Total: 1

Structure Type: House

Full baths: 2.0

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer Association Yn: false Basement: Finished Common Walls: No Common Walls Construction Materials: Brick, Frame, Wood Siding

Laundry Features: In Unit

Cooling: Central Air

Patio And Porch: Deck, Front Porch

Levels: One

Exterior Features: Private Yard, Rain Gutters

Pets Allowed: Yes

Listing Terms: Cash, Conventional, FHA, VA Loan

Road Frontage Type: Public Road

Fencing: Full

Road Surface Type: Paved

Chief Gallegos Cell: 303-483-8509

12

Comparative Market Analysis

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 771400 SUBDIVISIONNAME VADA VALLEY BLOCK 002 LOT 0008 SIZE: 7296 TRACT VALUE: .167

9408 Highland Place, Arvada, Colorado 80002

Tax Year: 2020

Virtual Tour: View

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

Water Source: Public Window Features: Double Pane Windows

Vegetation: Grassed

Remarks Click the Virtual Tour link to view the 3D walkthrough of this charming 4-bed/2-bath single-story home in the heart of Arvada. It's located just a short bike ride from Olde Town Arvada with many great spots for shopping, dining, and entertainment. With Jack B Tomlinson Park, including fishing, multiple walking trails, and the Arvada Ridge Light Rail Station just a few blocks away, this is an ideal location for commuters and those who like to get out and exercise. Nearby I-70 provides easy access to the mountains, downtown, and anything else you may need.

Step inside the open living room to find plenty of windows that provide natural light throughout, freshly painted walls, and a dining area right around the corner. The kitchen features beautiful wooden cabinets, stainless steel appliances, granite countertops, and natural stone flooring. The main level also includes the primary bedroom, an additional bedroom, and a beautiful full bath with a standing shower and dual vanity sinks. That's not all! Underneath the carpet, you'll find original hardwood floors.

Head down to the finished basement to find two more bedrooms, another full bath, and an oversized laundry/craft room with extra storage. This level also has a second living space that would make a great media room or home office!

The fully-fenced backyard has mature landscaping, and the attached deck has a pergola with shades on the side providing much-needed shade in the summertime. Both the front and backyards have in-ground sprinklers, and you will love the water-wise landscaping and raised beds for gardening. Welcome home!

Chief Gallegos Cell: 303-483-8509

13

Comparative Market Analysis

5315 Hoyt Street $574,900 PENDING

7/27/22

9408 Highland Place, Arvada, Colorado 80002

MLS #5527495

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1958

975 Sq. Ft. ($590 / sqft) Days on market: 27

Chief Gallegos Cell: 303-483-8509

14

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

9275 W 53rd Place $545,000 CLOSED

MLS #8433184

Arvada, CO 80002

3 Beds 2.00 Baths Year Built 1957

5/28/22

1,040 Sq. Ft. ($524 / sqft) Days on market: 7

Details Prop Type: Single Family Residence

Lot Size (sqft): 9,207 Garages: 1

Updated: May 28, 2022 9:49 AM

School District: Jefferson County R-1

County: Jefferson

List date: 4/28/22

List Price: $545,000

High: Arvada

Subdivision: Vada Valley

Sold date: 5/28/22

Orig list price: $545,000

Middle: Arvada K-8

Style: Traditional

Off-market date: 5/5/22

Taxes: $2,317

Elementary: Arvada K-8

Cooling: Evaporative Cooling, None

Listing Terms: Cash, Conventional, FHA, VA Loan

Road Surface Type: None, Paved

Direction Faces: South

Living Area Total: 1040

Roof: Composition

Association Yn: false

Exterior Features: Garden, Private Yard, Rain Gutters

Main Level Bathrooms: 2

Basement: Crawl Space

Fencing: Full

Building Area Source: Public Records

Parking Total: 2

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Flooring: Stone, Tile, Wood

Patio And Porch: Patio

Heating: Forced Air

Property Condition: Updated/Remodeled

Full baths: 2.0

Features Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Concessions: Buyer Closing Costs/Seller Points Paid Concessions Amount: 1000 Construction Materials: Frame, Stone

Interior Features: Breakfast Nook, Ceiling Fan(s), Granite Counters, Smoke Free

Main Level Bedrooms: 3

Senior Community Yn: false Sewer: Public Sewer Structure Type: House

Road Frontage Type: Public Road

Levels: One

Chief Gallegos Cell: 303-483-8509

15

Comparative Market Analysis

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 QTR NW SUBDIVISIONCD 771400 SUBDIVISIONNAME VADA VALLEY BLOCK 001 LOT 0004 SIZE: 9207 TRACT VALUE: .211

9408 Highland Place, Arvada, Colorado 80002

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

Window Features: Double Pane Windows, Window Coverings

Virtual Tour: View Water Source: Public

Remarks STILL ON THE MARKET! Welcome to this beautiful brick ranch in Arvada's desirable Vada Valley community! Upon entering the front door, you'll notice the beautiful hardwood flooring flowing throughout the main living space, bathed in natural light streaming in through the large front window. The living room provides plenty of flexibility, and can even include a formal dining area perfect for hosting guests or simply enjoying a quiet meal in your new home. The main living space opens into the eat-in kitchen, complete with beautiful stone countertops, stainless steel appliances, plenty of cabinet storage space, and a convenient separated laundry room. Continue through the home to view your new primary bedroom, complete with its own private full bathroom and spacious closet. Stop in to view the two additional bedrooms on your way to the backyard, featuring a large lawn with additional space serving as a blank canvas for whatever you can dream up. Don't forget about the RV parking for all your toys! With it's unbeatable location near three different parks, a wealth of shopping, dining, and entertainment options, Old Town Arvada, and easy access to I-70, this home is the perfect mix of comfort and convenience!

Chief Gallegos Cell: 303-483-8509

16

Comparative Market Analysis

9275 W 53rd Place $545,000 CLOSED

5/28/22

9408 Highland Place, Arvada, Colorado 80002

MLS #8433184

Arvada, CO 80002

3 Beds 2.00 Baths Year Built 1957

1,040 Sq. Ft. ($524 / sqft) Days on market: 7

Chief Gallegos Cell: 303-483-8509

17

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

9705 Ridge Road $575,000 CLOSED

MLS #4824006

Arvada, CO 80002

5 Beds 2.00 Baths Year Built 1955

5/31/22

984 Sq. Ft. ($584 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Lot Size (sqft): 7,840 Garages: 1

Updated: Jun 2, 2022 3:00 AM

School District: Jefferson County R-1

County: Jefferson

List date: 5/5/22

List Price: $550,000

High: Arvada

Subdivision: Arvada Plaza

Sold date: 5/31/22

Orig list price: $550,000

Middle: Arvada K-8

Full baths: 1.0

Off-market date: 5/8/22

Taxes: $2,338

Elementary: Arvada K-8

Appliances: Dishwasher, Microwave, Oven, Refrigerator

Concessions: No

Living Area Total: 1664

Construction Materials: Brick

Parking Total: 1

Association Yn: false

Cooling: Evaporative Cooling

Property Condition: Updated/Remodeled

Basement: Full

Heating: Forced Air

Roof: Composition

Below Grade Unfinished Area: 304.0

Levels: One

Senior Community Yn: false

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 374200 SUBDIVISIONNAME INDEPENDENCE BLOCK LOT 0051 SIZE: 7831 TRACT VALUE: .180

Listing Terms: Cash, Conventional, FHA, VA Loan

Sewer: Public Sewer

Tax Year: 2020

Structure Type: House

Water Source: Well

3/4 Baths: 1.0

Features

Building Area Source: Public Records

Remarks Completely renovated, move-in ready home with great spacing and excellent finishes. The main floor features an updated

Chief Gallegos Cell: 303-483-8509

18

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

kitchen and bathroom with new, wide-plank, composite flooring throughout. Fresh paint inside and out give a clean and inviting finishing touch accented by all new light fixtures. This 5 bedroom, 2 bath home is perfect for any first time home owner. Enjoy the secluded backyard with patio and privacy of a corner lot. The location provides easy access to Old Town Arvada, I-70 and the light rail, making a trip to the mountains or downtown Denver a breeze. Even more important than the homes appearance, the renovations also included significant work behind the walls with updated plumbing, electric, evaporative cooler and foundation repairs. So you can rest easy knowing that his house should be maintenance free for years to come.

Chief Gallegos Cell: 303-483-8509

19

Comparative Market Analysis

9705 Ridge Road $575,000 CLOSED

5/31/22

9408 Highland Place, Arvada, Colorado 80002

MLS #4824006

Arvada, CO 80002

5 Beds 2.00 Baths Year Built 1955

984 Sq. Ft. ($584 / sqft) Days on market: 3

Chief Gallegos Cell: 303-483-8509

20

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

9838 W 53rd Avenue

Arvada, CO 80002

$610,000 CLOSED

4 Beds 2.00 Baths Year Built 1957

5/19/22

MLS #9577855 1,019 Sq. Ft. ($599 / sqft) Days on market: 8

Details Prop Type: Single Family Residence

3/4 Baths: 1.0

Off-market date: 4/26/22

Lot Size (sqft): 7,046

County: Jefferson

Garages: 5

Updated: May 20, 2022 10:33 AM

Subdivision: Sandra Terri

List date: 4/15/22

List Price: $550,000

Middle: Arvada K-8

Style: Traditional

Sold date: 5/19/22

Orig list price: $550,000

Elementary: Arvada K-8

Full baths: 1.0

School District: Jefferson County R-1 High: Arvada

Taxes: $2,486

Features Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer

Concessions Amount: 2200

Cooling: Central Air

Levels: One

Association Yn: false

Direction Faces: North

Basement: Finished

Electric: 220 Volts

Listing Terms: Cash, Conventional, FHA, VA Loan

Building Area Source: Public Records

Fencing: Partial

Living Area Total: 1883

Flooring: Wood

Common Walls: No Common Walls

Foundation Details: Concrete Perimeter

Lot Features: Corner Lot, Sprinklers In Front

Concessions: Buyer Closing Costs/Seller Points Paid

Heating: Forced Air

Construction Materials: Brick, Frame, Wood Siding

Interior Features: Laminate Counters, Smoke Free Laundry Features: In Unit

Main Level Bathrooms: 1 Main Level Bedrooms: 3

Parking Features: 220 Volts, Concrete, Dry Walled, Exterior Access Door, Finished, Heated Garage, Insulated, Lighted, Oversized, Oversized Door Parking Total: 5 Patio And Porch: Front Porch, Patio Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Chief Gallegos Cell: 303-483-8509

21

Comparative Market Analysis

Road Surface Type: Paved Roof: Composition Senior Community Yn: false Sewer: Public Sewer Structure Type: House

9408 Highland Place, Arvada, Colorado 80002

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 657200 SUBDIVISIONNAME SANDRA TERRI BLOCK 007 LOT 0009 SIZE: 7046 TRACT VALUE: .162

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

Window Features: Bay Window(s), Double Pane Windows Zoning: residential

Water Source: Public

Remarks Adorable brick home in quiet neighborhood of "Old Town" Arvada. 3 bedrooms up and non conforming bedroom and family room in basement. Hardwood floors throughout, newer windows, stainless steel appliances, newer furnace and A/C and tankless water heater. Large corner lot and private enclosed patio with front patio space. Attached 4 car "shop" insulated and heated with 3-220 outlets and 1 car garage attached. Ample parking including large enclosed concrete RV space. No HOA, Close to light rail, shopping and schools. Home being sold in "as is" condition but very well maintained.

Chief Gallegos Cell: 303-483-8509

22

Comparative Market Analysis

9838 W 53rd Avenue $610,000 CLOSED

5/19/22

9408 Highland Place, Arvada, Colorado 80002 Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1957

MLS #9577855 1,019 Sq. Ft. ($599 / sqft) Days on market: 8

Chief Gallegos Cell: 303-483-8509

23

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

5340 Independence Street $657,000 CLOSED

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1955

4/20/22

MLS #6631332 975 Sq. Ft. ($674 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

3/4 Baths: 1.0 Lot Size (sqft): 7,015

Updated: Apr 20, 2022 8:44 AM

School District: Jefferson County R-1

County: Jefferson

List date: 3/16/22

List Price: $569,900

High: Arvada

Subdivision: Arvada Acres

Sold date: 4/20/22

Orig list price: $569,900

Middle: Arvada K-8

Style: Traditional

Off-market date: 3/31/22

Taxes: $1,957

Elementary: Arvada K-8

Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator

Electric: 110V, 220 Volts

Living Area Total: 1950

Road Surface Type: Paved

Exterior Features: Private Yard, Rain Gutters

Main Level Bathrooms: 1

Roof: Composition

Association Yn: false

Main Level Bedrooms: 2

Senior Community Yn: false

Flooring: Carpet, Tile, Wood

Basement: Finished, Full

Parking Total: 4

Sewer: Public Sewer

Heating: Forced Air

Building Area Source: Public Records

Patio And Porch: Deck, Front Porch, Patio

Structure Type: House

Interior Features: Kitchen Island, Marble Counters, Open Floorplan

Full baths: 1.0

Features

Concessions: Buyer Closing Costs/Seller Points Paid

Laundry Features: In Unit

Concessions Amount: 5000

Levels: One

Construction Materials: Brick

Listing Terms: 1031 Exchange, Cash, Conventional

Cooling: Central Air

Property Condition: Updated/Remodeled Road Frontage Type: Public Road Road Responsibility: Public Maintained Road

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 SUBDIVISIONCD 045600 SUBDIVISIONNAME ARVADA ACRES BLOCK LOT 0025 SIZE: 7015 TRACT VALUE: .161 Tax Year: 2020

Chief Gallegos Cell: 303-483-8509

24

Comparative Market Analysis

Virtual Tour: View

9408 Highland Place, Arvada, Colorado 80002

Water Source: Public

Zoning: RES

Remarks Modern, urban living awaits you in this stunningly remodeled 4 bed/2 bath home in the hot Arvada Acres neighborhood.

Only the finest finishes were selected for the kitchen including decadent herringbone counter to ceiling tile, timeless Calacatta quartz countertops, designer flooring and new stainless-steel appliances, including a gas stove with an extra burner for those who love to cook. This luxurious kitchen seamlessly flows with the rest of this open concept main floor living area that includes exceptional craftsmanship highlighted by the customized railing and wooden wall panels, as well as a generous separate dining and living area perfect for entertaining. You will also love the gorgeous finishes in the bathrooms including eye-catching penny tile, a new glass enclosed shower and beautiful contemporary fixtures. Other features of note include double pane windows that flood the home with natural light, new luxury vinyl flooring and carpet throughout and roomy bedroom closets. The elegance of this home continues to the basement which features tall ceilings, a separate spacious living area perfect for football parties or a playroom and an oversized bedroom with a new egress window and plenty of room for a king size bed, couch and accent chairs. Combined with a new sewer line, newer roof and windows, easy-to-maintain xeriscaping in the front yard, beautifully refinished deck perfect for summer BBQs and great backyard for your Colorado pup, this home is move-in ready! Its also conveniently located and minutes to Olde Town Arvada, easy access to the mountains, essential retail shopping, Lightrail and more. Priced to move, this home wont last long so schedule your showing today!

Chief Gallegos Cell: 303-483-8509

25

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

5340 Independence Street $657,000 CLOSED

4/20/22

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1955

MLS #6631332 975 Sq. Ft. ($674 / sqft) Days on market: 4

Chief Gallegos Cell: 303-483-8509

26

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

9400 Ridge Road $779,000 CLOSED

MLS #9996851

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1955

5/9/22

875 Sq. Ft. ($890 / sqft) Days on market: 4

Details Prop Type: Single Family Residence

Garages: 2

List Price: $679,900

Middle: Arvada K-8

List date: 4/21/22

Orig list price: $679,900

Elementary: Arvada K-8

County: Jefferson

Sold date: 5/9/22

Taxes: $2,235

Subdivision: Arvada Acres

Off-market date: 4/25/22

Full baths: 2.0

Updated: May 9, 2022 9:48 AM

School District: Jefferson County R-1

Lot Size (sqft): 6,901

High: Arvada

Features Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Sump Pump, Washer Association Yn: false Basement: Finished Building Area Source: Public Records Concessions: No Construction Materials: Brick, Frame Cooling: Central Air

Exterior Features: Fire Pit, Private Yard

Lot Features: Landscaped, Near Public Transit

Road Surface Type: Paved

Flooring: Carpet, Tile, Wood

Main Level Bathrooms: 1

Heating: Forced Air

Main Level Bedrooms: 2

Interior Features: Butcher Counters, Eat-in Kitchen, Kitchen Island, Quartz Counters, Radon Mitigation System

Parking Features: Concrete

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Parking Total: 4

Senior Community Yn: false

Property Condition: Updated/Remodeled

Sewer: Public Sewer

Levels: One

Road Frontage Type: Public Road

Listing Terms: Cash, Conventional, FHA, VA Loan Living Area Total: 1750

Roof: Composition

Structure Type: House

Road Responsibility: Public Maintained Road

Chief Gallegos Cell: 303-483-8509

27

Comparative Market Analysis

Tax Legal Description: SECTION 15 TOWNSHIP 03 RANGE 69 QTR NW SUBDIVISIONCD 045600 SUBDIVISIONNAME ARVADA ACRES BLOCK LOT 0040 SIZE: 6901 TRACT VALUE: .158

9408 Highland Place, Arvada, Colorado 80002

Tax Year: 2020 Virtual Tour: View Water Source: Public Window Features: Bay Window(s)

Remarks Be prepared! You have been waiting for this beautiful home that is minutes away from Olde Town Arvada. You couldnt ask for a better location. This property is 1.5 Miles to Olde Town Arvada, half a mile to Arvada Ridge Station, easy access to highway 70 to get you to the mountains and plenty of parks around the neighborhood. This home has been beautifully upgraded with an open kitchen to the living room, new kitchen quartz countertops, new kitchen butcher block island, new stainless steel appliances, new finished red oak hardwood floors, remodeled bathrooms, painted inside and out and more!

Let's not forget the oversized garage with extra space for your tools. Nice size lot with an enclosed LARGE and PRIVATE yard for entertainment or family time. Dont miss this opportunity come and check this out!

Chief Gallegos Cell: 303-483-8509

28

Comparative Market Analysis

9400 Ridge Road $779,000 CLOSED

5/9/22

9408 Highland Place, Arvada, Colorado 80002

MLS #9996851

Arvada, CO 80002

4 Beds 2.00 Baths Year Built 1955

875 Sq. Ft. ($890 / sqft) Days on market: 4

Chief Gallegos Cell: 303-483-8509

29

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

Comparable Property Statistics A

2 Active Listings LOWEST

$580,000

P

$625,000

HIGH

$670,000

AVG PRICE / SQFT

AVG DOM

$597

17

AVG PRICE / SQFT

AVG DOM

$590

27

AVG PRICE / SQFT

AVG DOM

$654

5

1 Pending Listings LOWEST

$574,900

S

AVERAGE

AVERAGE

$574,900

HIGH

$574,900

5 Sold Listings LOWEST

$545,000

AVERAGE

$633,200

HIGH

$779,000

Chief Gallegos Cell: 303-483-8509

30

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

Sold Property Analysis Averages

109.4%

Homes sold for an average of 109.4% of their list price.

5

Days on market

It took an average of 5 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

9275 W 53rd Place

$545,000

$545,000

100.00%

7

$524

9705 Ridge Road

$550,000

$575,000

104.55%

3

$584

9838 W 53rd Avenue

$550,000

$610,000

110.91%

8

$599

5340 Independence Street

$569,900

$657,000

115.28%

4

$674

9400 Ridge Road

$679,900

$779,000

114.58%

4

$890

$578,960

$633,200

109.37%

5

$654

Averages

Chief Gallegos Cell: 303-483-8509

31

Comparative Market Analysis

9408 Highland Place, Arvada, Colorado 80002

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

5352 Garrison Street

-

4

2.00

963

$580,000

$602

5380 Iris Street

-

4

2.00

1,134

$670,000

$591

1,048

$625,000

$597

Averages

P

PENDING LISTINGS

ADDRESS

5315 Hoyt Street

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

2.00

975

$574,900

$590

975

$574,900

$590

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

9275 W 53rd Place

5/28/22

3

2.00

1,040

$545,000

$524

9705 Ridge Road

5/31/22

5

2.00

984

$575,000

$584

9838 W 53rd Avenue

5/19/22

4

2.00

1,019

$610,000

$599

5340 Independence Street

4/20/22

4

2.00

975

$657,000

$674

5/9/22

4

2.00

875

$779,000

$890

978

$633,200

$654

9400 Ridge Road

Averages

Chief Gallegos Cell: 303-483-8509

32