Comparable Market Analysis 7435 White Ash Place

at Keller Williams Integrity

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

Comparable Market Analysis OCTOBER 13, 2022

Kendra Madrid

7435 White Ash Pl, Parker, CO 80134-5464, Douglas County APN: R0332901

Expired Listing

CLIP: 8473474247

MLS Beds 6

MLS Full Baths 2

MLS Half Baths 1

Sale Price $344,500

MLS Sq Ft 4,049

Lot Sq Ft 10,367

Yr Built 1996

Type SFR

Sale Date 01/29/2014

OWNER INFORMATION

Owner Name

Britt Clint W

Mailing ZIP 4

5464

Mailing Address

7435 White Ash Pl

Mailing Carrier Route

R001

Mailing City & State

Parker, CO

Owner Occupied

Yes

Mailing Zip

80134

LOCATION INFORMATION

Property Zip

80134

Census Tract

139.09

Property Zip4

5464

Neighborhood Code

109-109

Property Carrier Route

R001

Township

07

School District

Douglas County Re 1

Range

66

Elementary School

Northeast Elem/Mtn.

Section

14

Middle School

Sagewood

Quarter

SW

High School

Ponderosa

Block

5

Subdivision

Pinery

Lot

107

Zoning

PDU

TAX INFORMATION

PIN

R0332901

% Improved

84%

Alternate PIN

234914305046

Tax District

0367

Schedule Number

0332901

Legal Description

LOT 107 THE PINERY #8B 0.238 A M/L

ASSESSMENT & TAX

Assessment Year

2022 - Preliminary

2021

2020

2019

Market Value - Land

$85,956

$85,956

$80,219

$80,219

Market Value - Improved

$445,603

$445,603

$446,270

$446,270

Market Value - Total

$531,559

$531,559

$526,489

$526,489

Assessed Value - Land

$5,970

$6,150

$5,740

$5,740

Assessed Value - Improved

$30,970

$31,860

$31,910

$31,910

Assessed Value - Total

$36,940

$38,010

$37,650

$37,650

YOY Assessed Change (%)

-2.82%

0.96%

0%

YOY Assessed Change ($)

-$1,070

$360

$0

Tax Year

Total Tax

2019

$3,100

Change ($)

Change (%)

2020 2021

$3,088

-$12

-0.38%

$3,103

$15

0.49%

CHARACTERISTICS

Lot Acres

0.238

Bedrooms

Tax: 4 MLS: 6

Lot Sq Ft

10,367

Baths - Total

Tax: 3 MLS: 4

Land Use - County

Res Single Family Improvements

MLS Total Baths

4

Land Use - CoreLogic

SFR

Baths - Full

Tax: 3 MLS: 2

Building Type

Single Family

Baths - Half

MLS: 1

Year Built

1996

Stories

2

Bldg Sq Ft - Above Ground

2,703

Fireplace

Y

Bldg Sq Ft - Basement

1,420

Fireplaces

1

Bldg Sq Ft - Finished Basement

1,346

Heat Type

Forced Air

Bldg Sq Ft - Unfinished Basement

74

Garage Type

Built-In

Bldg Sq Ft - Total

4,123

Garage Capacity

MLS: 3

Bldg Sq Ft - Finished

4,049

Garage Sq Ft

645

Basement Type

Partial

Roof Material

Composition Shingle

# Buildings

1

Exterior

Frame

Total Rooms

8

Quality

Good

Property Details

Courtesy of Kendra Madrid, 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: 10/13/22 Page 1/3

SELL SCORE

Rating

Low

Sell Score

450

Value As Of

2022-10-09 04:33:39

LISTING INFORMATION

MLS Listing Id

9410767

MLS Current Price

$799,000

MLS Days On Market

91

MLS Original List Price

$889,000

MLS Source

REcolorado

MLS Listing Contract Date

07/01/2022

MLS Status

Expired

MLS List Office Name

HOMIE

MLS Status Change Date

09/30/2022

MLS List Agent Full Name

055086-Denise Morales

MLS Listing #

7700006

MLS Source History

REcolorado

MLS Status

Closed

MLS Listing Price

$350,000

MLS Orig Listing Price

$350,000

MLS Listing Close Price

$344,500

MLS Listing Date

11/27/2013

MLS Close Date

01/27/2014

LAST MARKET SALE & SALES HISTORY

Sale Date

01/29/2014

Deed Type

Warranty Deed

Sale Price

$344,500

Owner Name

Britt Clint W

Price per SqFt - Finished

$85.08

Seller

Buchen Gerald M & Carol A

Document Number

5331

Sale Date

01/29/2014

08/29/2003

04/25/1996

05/07/1993

Sale Price

$344,500

$339,000

$235,000

$28,000

Buyer

Britt Clint W

Buchen Gerald M & Carol A

Vassilaros George C & Terri J

Rycor Builders

Buchen Carol A

Vassilaros Terri J

Buyer Seller

Buchen Gerald M & Carol A

Vassilaros George C & Terri J

Rycor Builders Inc

Associated Inv Co Of El Pas o

Document Number

5331

135233

1337-295

1125-1425

Document Type

Warranty Deed

Warranty Deed

Special Warranty Deed

Warranty Deed

Title Company

First American Title Insuran ce

Title America

Multi/Split Sale Type

Multiple

MORTGAGE HISTORY

Mortgage Date

06/03/2021

06/29/2018

06/09/2015

01/31/2014

01/10/2006

Mortgage Amount

$283,000

$321,000

$330,133

$332,442

$59,000

Mortgage Lender

Guardian Mtg

Nfm Lndg

Mortgage West

Mortgage West

Jp Morgan Chase Bk

Borrower

Britt Clint W

Britt Clint W

Britt Clint W

Britt Clint W

Buchen Gerald M

Mortgage Type

Conventional

Conventional

Fha

Fha

Conventional

Mortgage Purpose

Refi

Refi

Refi

Resale

Refi

Borrower

Buchen Carol A

Mortgage Int Rate Mortgage Int Rate Type

Fixed Rate Loan

Mortgage Term

15

15

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

Title Company

Fitco-First Integrity Titl e

Land Title Guarantee

Other

Mortgage Date

09/09/2003

07/27/2001

06/20/2001

Mortgage Amount

$269,000

$40,000

$275,000

Mortgage Lender

Washington Mutual Bk Fa

Greenpoint Mtg Fndg

Washington Mutual Bk Fa

Borrower

Buchen Gerald M

Vassilaros George C

Vassilaros George C

Borrower

Buchen Carol A

Vassilaros Terri J

Vassilaros Terri J

Mortgage Type

Conventional

Conventional

Conventional

Mortgage Purpose

Resale

Refi

Refi

Mortgage Int Rate

5

Property Details

Courtesy of Kendra Madrid, 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: 10/13/22 Page 2/3

Mortgage Int Rate Type

Adjustable Int Rate Loan

Mortgage Term

30

25

30

Mortgage Term

Years

Years

Years

Transnation Title Ins Co

Transnation Title Ins Co

Title Company PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Kendra Madrid, 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: 10/13/22 Page 3/3

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

Online Valuation Analysis How accurate are Zestimates?

4.1%

$35,900

Zestimates varied up to 4.1% or $35,900 compared to actual MLS prices.

A

1 Active

ADDRESS

PRICE

ZESTIMATE

DIFFERENCE

$813,000

$799,213

-1.7%

PRICE

ZESTIMATE

DIFFERENCE

$880,000

$844,100

-4.1%

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

6/2/22

$700,000

$713,900

2.0%

5039 Bur Oak Lane

6/30/22

$815,000

$829,400

1.8%

5001 Bur Oak Lane

4/18/22

$975,000

$999,600

2.5%

5217 Crocus Way

P

1 Pending

ADDRESS

7472 Bur Oak Place

S

3 Sold

ADDRESS

7415 Pine Forest Lane

Source: Zillow

Kendra Madrid Cell: 7203573397

4

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

P = PENDING

S = CLOSED

BEDS

BATHS

SQFT

PRICE

7435 White Ash Pl

6

3.00

2,703

-

1

Subject

2

3526983

A

5217 Crocus Way

4

5.00

4,300

$813,000

3

8359889

P

7472 Bur Oak Place

4

5.00

4,390

$880,000

4

5844672

S

7415 Pine Forest Lane

4

3.00

2,142

$700,000

5

8021949

S

5039 Bur Oak Lane

5

5.00

4,460

$815,000

6

7377786

S

5001 Bur Oak Lane

5

5.00

4,390

$975,000

Kendra Madrid Cell: 7203573397

5

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

5217 Crocus Way $813,000 ACTIVE

MLS #3526983

Parker, CO 80134

4 Beds 5.00 Baths Year Built 1999

7/8/22

4,300 Sq. Ft. ($189 / sqft) Days on market: 59

Details Prop Type: Single Family Residence

Half baths: 1.0

List Price: $813,000

High: Ponderosa

Lot Size (sqft): 14,045

Orig list price: $848,000

Middle: Sagewood

County: Douglas

Garages: 2

Assoc Fee: $162

Elementary: Mountain View

Subdivision: The Pinery

List date: 7/8/22

Taxes: $3,413

Full baths: 3.0

Updated: Sep 5, 2022 3:23 PM

School District: Douglas RE-1

Appliances: Convection Oven, Cooktop, Dishwasher, Disposal, Double Oven, Range Hood, Refrigerator, Warming Drawer

Basement: Exterior Entry, Finished, Full, Walk-Out Access

Fireplaces Total: 2

Below Grade Unfinished Area: 300.0

Association Fee Frequency: Annually

Lot Features: Corner Lot, CulDe-Sac, Landscaped

Building Area Source: Public Records

Association Name: The Pinery South 8B HOA

Construction Materials: Brick, Stucco

Association Phone: 303-841-8572

Cooling: Central Air

Interior Features: Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, Jack & Jill Bath, Jet Action Tub, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Walk-In Closet(s), Wet Bar Levels: Two

Roof: Composition

3/4 Baths: 1.0

Features

Association Yn: true

Fireplace Features: Family Room, Gas, Gas Log, Primary Bedroom

Heating: Forced Air, Natural Gas

Listing Terms: Cash, FHA, Other, VA Loan Living Area Total: 4300

Main Level Bathrooms: 1 Parking Total: 2 Patio And Porch: Covered, Deck, Patio Road Surface Type: Paved Senior Community Yn: false

Kendra Madrid Cell: 7203573397

6

Comparative Market Analysis

Sewer: Public Sewer Structure Type: House

7435 White Ash Place, Parker, Colorado 80134

Tax Legal Description: LOT 81 THE PINERY #8B 0.274 AM/L

Utilities: Electricity Available, Natural Gas Available, Phone Available

Tax Year: 2021

Water Source: Public

Window Features: Double Pane Windows Zoning: PDU

Remarks Beautiful single family home in the desirable The Pinery, Parker area! Open concept living area on the main floor with a gas fireplace and tons of natural light! Stunning hardwood floors throughout the entryway and the main level! The kitchen has exquisite granite counter tops, stainless-steel appliances, hood ranged, island, under cabinet lighting, and gorgeous cabinets with tons of space for storage! The primary bedroom offers shutters blinds, gas fireplace and a phenomenal spa like 5 piece bath plus a large walk-in closet! The basement is finished plus an additional living area that could be a game room, gym or a flex space! The backyard includes a spacious trex deck with a covered patio area below perfect for entertaining! Convenient access to nearby parks, schools, stores, and restaurants! Welcome home!

Kendra Madrid Cell: 7203573397

7

Comparative Market Analysis

5217 Crocus Way $813,000 ACTIVE

7/8/22

7435 White Ash Place, Parker, Colorado 80134

MLS #3526983

Parker, CO 80134

4 Beds 5.00 Baths Year Built 1999

4,300 Sq. Ft. ($189 / sqft) Days on market: 59

Kendra Madrid Cell: 7203573397

8

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

7472 Bur Oak Place $880,000 PENDING

MLS #8359889

Parker, CO 80134

4 Beds 5.00 Baths Year Built 1997

9/23/22

4,390 Sq. Ft. ($200 / sqft) Days on market: 111

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 9/21/22

Taxes: $3,369

Lot Size (sqft): 12,196

County: Douglas

Garages: 5

Updated: Sep 23, 2022 11:38 AM

School District: Douglas RE-1

Subdivision: The Pinery

List date: 6/2/22

List Price: $880,000

High: Ponderosa

Full baths: 3.0

Pending date: 9/23/22

Orig list price: $975,000

Middle: Sagewood

Assoc Fee: $162

Elementary: Mountain View

Cooling: Central Air

Interior Features: Built-in Features, Ceiling Fan(s), Eatin Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Jack & Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Radon Mitigation System, Smoke Free, Solid Surface Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

3/4 Baths: 1.0

Features Appliances: Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Oven, Refrigerator, Sump Pump, Washer, Water Purifier, Water Softener

Association Phone: 303-841-8572

Association Amenities: Playground

Below Grade Unfinished Area: 171.0

Association Fee Frequency: Annually

Builder Name: Premier Homes Inc

Flooring: Carpet, Tile, Wood

Association Name: Pinery 8b HOA

Building Area Source: Public Records

Heating: Forced Air, Natural Gas

Association Yn: true Basement: Finished, Full, Sump Pump

Construction Materials: Brick, Frame, Wood Siding

Exterior Features: Garden, Private Yard Fireplace Features: Basement, Family Room, Gas Log, Great Room Fireplaces Total: 2 Furnished: Unfurnished

Levels: Two

Kendra Madrid Cell: 7203573397

9

Comparative Market Analysis

Listing Terms: Cash, Conventional, Jumbo, VA Loan

7435 White Ash Place, Parker, Colorado 80134

Patio And Porch: Front Porch, Patio

Sewer: Public Sewer

Water Source: Public

Structure Type: House

Zoning: PDU

Living Area Total: 4390

Property Condition: Updated/Remodeled

Main Level Bathrooms: 1

Roof: Composition

Parking Features: Concrete, Floor Coating

Security Features: Carbon Monoxide Detector(s), Radon Detector, Smart Cameras

Tax Legal Description: LOT 19 BLK 1 THE PINERY 8B SECOND AMENDMENT 0.283 AM/L

Parking Total: 5

Tax Year: 2022 View: Mountain(s)

Senior Community Yn: false

Remarks Welcome home to this beautifully updated house on a quiet cul-de-sac in the Pinery South neighborhood. This home has a 5 car garage and has been renovated from top to bottom with high end finishes throughout. Right as you walk in you will notice the beautiful staircase and chandelier. The main level is light and airy and features a family room and patio right off of the kitchen making it easier than ever to entertain.This home features 2 home office areas making it perfect for those that work from home. The formal dining room makes a statement with its beautiful white wainscoting. The master bedroom boasts walk-in closets and a 5 piece master bath complete with soaking tub, heated floors and a heated bench!

The basement has a full wet bar, fireplace, extra room, bathroom and large flex space. The backyard has been beautifully landscaped to be a completely private oasis in a few years. The charming rock wall is full of Rocky mountain wildflowers.

Topping everything off is the wonderful quiet neighborhood of the Pinery South. People living there enjoy strolls through the neighborhood with stunning views of Pikes Peak. They also enjoy the Horse Park festivities throughout the summer.

The Pinery South also has an abundance of wildlife providing a peaceful sanctuary for all types of animals.

Updates included: All new plumbing fixtures, new Acacia wood flooring throughout main and upper level with transferable warranty, all new interior and exterior paint, brand new carpet in bedrooms, new baseboard and trim, new hot water heater, water softener and whole home humidifier. R/O drinking water in kitchen. New Kitchenaid refrigerator, oven, dishwasher and microwave.All bathrooms updated with top of the line finishes. 5 piece master includes marble shower pan, frameless shower, rain shower head, heated floors, bench and quartz counters. All new lighting fixtures and new patio and slab retaining wall in backyard. 5 car garage has nicely updated epoxy floors.

Kendra Madrid Cell: 7203573397

10

Comparative Market Analysis

7472 Bur Oak Place $880,000 PENDING

9/23/22

7435 White Ash Place, Parker, Colorado 80134

MLS #8359889

Parker, CO 80134

4 Beds 5.00 Baths Year Built 1997

4,390 Sq. Ft. ($200 / sqft) Days on market: 111

Kendra Madrid Cell: 7203573397

11

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

7415 Pine Forest Lane

Parker, CO 80134

$700,000 CLOSED

4 Beds 3.00 Baths Year Built 1986

6/2/22

MLS #5844672 2,142 Sq. Ft. ($327 / sqft) Days on market: 13

Details Prop Type: Single Family Residence

Lot Size (sqft): 13,373 Garages: 3

Updated: Jun 3, 2022 4:41 AM

School District: Douglas RE-1

County: Douglas

List date: 4/22/22

List Price: $700,000

High: Ponderosa

Subdivision: Pinery

Sold date: 6/2/22

Orig list price: $695,000

Middle: Sagewood

Style: Traditional

Off-market date: 5/6/22

Assoc Fee: $165

Elementary: Mountain View

Full baths: 3.0

Taxes: $2,056

Features Appliances: Dishwasher, Microwave, Range, Refrigerator

Building Area Source: Public Records

Heating: Forced Air, Natural Gas

Senior Community Yn: false

Concessions: No

Association Fee Frequency: Annually

Structure Type: House

Construction Materials: Brick, Frame, Wood Siding

Interior Features: Breakfast Nook

Association Name: Pinery 8B

Cooling: None

Association Phone: (303) 841-8572

Direction Faces: Southwest

Listing Terms: Cash, Conventional, FHA, VA Loan

Fencing: None

Living Area Total: 2142

Fireplace Features: Family Room

Parking Total: 3

Basement: Unfinished

Patio And Porch: Deck, Patio

Tax Legal Description: Lot 110, Pinery Subdivision Filing No. 8B, as shown on the Map recorded June 14, 1985, at Reception No. 355360, Records of Douglas County, County of Douglas, State of Colorado.

Below Grade Unfinished Area: 466.0

Fireplaces Total: 1

Road Surface Type: Paved

Tax Year: 2021

Flooring: Carpet

Roof: Composition

View: Mountain(s)

Association Yn: true

Levels: Tri-Level

Sewer: Public Sewer

Kendra Madrid Cell: 7203573397

12

Comparative Market Analysis

Virtual Tour: View

7435 White Ash Place, Parker, Colorado 80134

Water Source: Public

Window Features: Skylight(s)

Zoning: PDU

Remarks The wonderful use of space in the home combined with the absolutely beautiful landscaped huge lot makes this one highly desirable! This tri-level ,with an unfinished basement, (the county records are inaccurate) offers 4 bed rooms, 3 full baths and a loft to go along with the incredible views! 3 car attached garage is hard to come by in this neighborhood. The turn key opportunity to own this home makes it a must see! Come take a look before it's gone, there is only so much that can be seen in photos, come see this in person! You won't be disappointed. Did I mention the landscaping??

Kendra Madrid Cell: 7203573397

13

Comparative Market Analysis

7415 Pine Forest Lane $700,000 CLOSED

6/2/22

7435 White Ash Place, Parker, Colorado 80134 Parker, CO 80134

4 Beds 3.00 Baths Year Built 1986

MLS #5844672 2,142 Sq. Ft. ($327 / sqft) Days on market: 13

Kendra Madrid Cell: 7203573397

14

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

5039 Bur Oak Lane $815,000 CLOSED

MLS #8021949

Parker, CO 80134

5 Beds 5.00 Baths Year Built 1999

6/30/22

4,460 Sq. Ft. ($183 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 5/23/22

Taxes: $3,708

Lot Size (sqft): 11,761

County: Douglas

Garages: 5

Updated: Jul 1, 2022 10:19 AM

School District: Douglas RE-1

Subdivision: Pinery

List date: 5/20/22

List Price: $800,000

High: Ponderosa

Style: Traditional

Sold date: 6/30/22

Orig list price: $800,000

Middle: Sagewood

Assoc Fee: $200

Elementary: Northeast

Cooling: Central Air

Interior Features: Audio/ Video Controls, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, High Speed Internet, In-Law Floor Plan, Jack & Jill Bath, Jet Action Tub, Kitchen Island, Primary Suite, Smart Thermostat, Spa/Hot Tub, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Full baths: 4.0

Features Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer, Wine Cooler

Association Phone: (303) 841-0800

Association Fee Frequency: Annually

Below Grade Unfinished Area: 110.0

Association Fee Includes: Maintenance Grounds, Road Maintenance

Building Area Source: Public Records

Fireplace Features: Family Room, Outside

Common Walls: No Common Walls

Fireplaces Total: 2

Concessions: No

Heating: Forced Air

Construction Materials: Frame

Horse Yn: true

Association Name: Pinery South B

Association Yn: true Basement: Walk-Out Access

Exterior Features: Balcony, Fire Pit, Garden, Lighting, Private Yard, Spa/Hot Tub, Water Feature Fencing: Partial

Flooring: Carpet, Tile, Wood

Kendra Madrid Cell: 7203573397

15

Comparative Market Analysis

Levels: Two Listing Terms: 1031 Exchange, Cash, Conventional Living Area Total: 4460 Main Level Bathrooms: 1

7435 White Ash Place, Parker, Colorado 80134

Other Equipment: Home Theater

Roof: Composition

Tax Legal Description: LOT 39 PINERY #8B .274 AM/L

Parking Features: Tandem

Security Features: Smoke Detector(s)

Parking Total: 5

Senior Community Yn: false

Water Source: Public

Patio And Porch: Covered, Deck, Patio

Sewer: Public Sewer

Zoning: PDU

Tax Year: 2021

Structure Type: House

Remarks This gorgeous and unique piece of property is elevated on a hill with a lovely view of the multiple acre ranch below as well as stunning views of the mountains and countryside. The property features a rare 5 car oversized garage, vaulted ceilings, formal living, formal dining room, family room, a wonderful formal study on its own level, spacious kitchen open to the family room, and tons of outdoor living spaces! This unique floor plan provides convenience, character and a custom home feel that is not your typical cookie cutter home. Embrace the stunning views from all of your main entertaining areas. Enjoy the beautiful kitchen with granite countertops, a large center island with electric cooktop, lots of storage, a built in desk area and breakfast nook area with tons of natural light. The kitchen flows beautifully to the family room and features a gas fireplace and built-in book shelves.The lower level is its own private oasis, perfect for a mother-in-law apartment or excellent entertaining. Complete with a fabulous rec room, a kitchenette, eating or game area, theater room, incredible wine room, full bathroom, plenty of storage space and a 5th bedroom or bonus room! The covered patio below that includes a hot tub and is next to a beautiful built-in pond with waterfall feature makes this the perfect place to relax and unwind.The primary suite features 2 full walk-in closets and a larger 5 piece bath and a tub area with exceptional views and an abundance of natural light. The three other spacious bedrooms upstairs include an adjoining bath and one is complete with an ensuite bath. This Gorgeous private lot with multiple outdoor living spaces include a massive upper deck that feels like its own special treehouse surrounded by mature trees and backing to an open ranch with views of the mountains, complete with a built in fire pit. The lower level patio includes a hot tub and a beautiful built in pond and waterfall feature, gardens galore, side yard with gate.

Kendra Madrid Cell: 7203573397

16

Comparative Market Analysis

5039 Bur Oak Lane $815,000 CLOSED

6/30/22

7435 White Ash Place, Parker, Colorado 80134

MLS #8021949

Parker, CO 80134

5 Beds 5.00 Baths Year Built 1999

4,460 Sq. Ft. ($183 / sqft) Days on market: 3

Kendra Madrid Cell: 7203573397

17

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

5001 Bur Oak Lane $975,000 CLOSED

MLS #7377786

Parker, CO 80134

5 Beds 5.00 Baths Year Built 1997

4/18/22

4,390 Sq. Ft. ($222 / sqft) Days on market: 2

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 3/20/22

Taxes: $3,317

Lot Size (sqft): 11,761

County: Douglas

Garages: 3

Updated: Apr 18, 2022 12:54 PM

School District: Douglas RE-1

Subdivision: The Pinery

List date: 3/18/22

List Price: $925,000

High: Ponderosa

Full baths: 3.0

Sold date: 4/18/22

Orig list price: $925,000

Middle: Sagewood

Assoc Fee: $162

Elementary: Mountain View

Interior Features: Built-in Features, Ceiling Fan(s), Eatin Kitchen, Entrance Foyer, Five Piece Bath, High Ceilings, Jack & Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Radon Mitigation System, Vaulted Ceiling(s), Wet Bar

3/4 Baths: 1.0

Features Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator, Sump Pump

Basement: Full, Sump Pump, Walk-Out Access

Exterior Features: Private Yard

Below Grade Unfinished Area: 171.0

Fireplace Features: Family Room, Gas Log

Association Amenities: Playground

Builder Name: Premier Homes Inc

Fireplaces Total: 1

Association Fee Frequency: Annually

Building Area Source: Public Records

Furnished: Unfurnished

Association Name: Pinery 8b HOA

Concessions: No

Association Phone: 303-841-8572 Association Yn: true

Construction Materials: Brick, Frame, Wood Siding Cooling: Central Air

Flooring: Tile, Wood Heating: Forced Air, Natural Gas

Levels: Two Listing Terms: Cash, Conventional, Jumbo, VA Loan

Kendra Madrid Cell: 7203573397

18

Comparative Market Analysis

Living Area Total: 4390

7435 White Ash Place, Parker, Colorado 80134

Sewer: Public Sewer

Water Source: Public

Main Level Bathrooms: 1

Property Condition: Updated/Remodeled

Structure Type: House

Parking Features: Concrete

Roof: Composition

Parking Total: 3

Security Features: Carbon Monoxide Detector(s), Radon Detector, Smart Cameras

Tax Legal Description: LOT 11 BLK 2 THE PINERY 8B SECOND AMENDMENT 0.269 AM/L

Window Features: Double Pane Windows

Senior Community Yn: false

Tax Year: 2020

Patio And Porch: Covered, Deck, Front Porch

Zoning: PDU

Remarks Welcome home to this beautifully renovated house in the coveted Pinery South. You will be in awe the moment you walk through the front door and are greeted by the grand staircase and 18 foyer, which sets the tone for the rest of this wonderful home. The main level is completely updated with a dining room, sitting room, custom built-in mudroom and family room all on one level with 9 ceilings throughout and lots of natural light. The kitchen is bright and airy with a breakfast nook and opens to the family room and deck, making entertaining a breeze. The large master bedroom is complete with vaulted ceilings, his and her walk-in closets and beautiful views of rolling hills. The spacious master bathroom is completely renovated with a double vanity, freestanding tub and walk-in rain shower! Every bedroom has an updated, en-suite bathroom. The walkout basement is complete with a mother-in-law suite, laundry room, storage, recreation room and four seasons covered patio. This east / west facing home backs to the Colorado Horse park which is a little hidden gem to everyone that lives in Pinery South. The summers are spent walking to the horse park and enjoying all the events it has to offer! To top everything off, the Pinery South has an abundance of wildlife providing a peaceful sanctuary for all types of animals. This executive home truly has it all to keep your family comfortable and flourishing for years to come.

Updates included: New furnace with warranty, new A/C with warranty, new water heater, new whole house filtration, newer water softener, R/O drinking water in kitchen, new appliances, Quartz countertops, updated bathrooms, red oak flooring on the staircase and throughout the upstairs, 4 3/4 baseboards, new lighting and ceiling fans, new front door and garage door opener, 100 amp sub panel in basement, 19'x9' basement room for storage or workout space!

Kendra Madrid Cell: 7203573397

19

Comparative Market Analysis

5001 Bur Oak Lane $975,000 CLOSED

4/18/22

7435 White Ash Place, Parker, Colorado 80134

MLS #7377786

Parker, CO 80134

5 Beds 5.00 Baths Year Built 1997

4,390 Sq. Ft. ($222 / sqft) Days on market: 2

Kendra Madrid Cell: 7203573397

20

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

Comparable Property Statistics A

1 Active Listings LOWEST

$813,000

P

$813,000

HIGH

$813,000

AVG PRICE / SQFT

AVG DOM

$189

59

AVG PRICE / SQFT

AVG DOM

$200

111

AVG PRICE / SQFT

AVG DOM

$244

6

1 Pending Listings LOWEST

$880,000

S

AVERAGE

AVERAGE

$880,000

HIGH

$880,000

3 Sold Listings LOWEST

$700,000

AVERAGE

$830,000

HIGH

$975,000

Kendra Madrid Cell: 7203573397

21

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

Sold Property Analysis Averages

102.7%

Homes sold for an average of 102.7% of their list price.

6

Days on market

It took an average of 6 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

7415 Pine Forest Lane

$695,000

$700,000

100.72%

13

$327

5039 Bur Oak Lane

$800,000

$815,000

101.88%

3

$183

5001 Bur Oak Lane

$925,000

$975,000

105.41%

2

$222

$806,666

$830,000

102.89%

6

$244

Averages

Kendra Madrid Cell: 7203573397

22

Comparative Market Analysis

7435 White Ash Place, Parker, Colorado 80134

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

5217 Crocus Way

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

5.00

4,300

$813,000

$189

4,300

$813,000

$189

Averages

P

PENDING LISTINGS

ADDRESS

7472 Bur Oak Place

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

-

4

5.00

4,390

$880,000

$200

4,390

$880,000

$200

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

6/2/22

4

3.00

2,142

$700,000

$327

5039 Bur Oak Lane

6/30/22

5

5.00

4,460

$815,000

$183

5001 Bur Oak Lane

4/18/22

5

5.00

4,390

$975,000

$222

3,664

$830,000

$244

7415 Pine Forest Lane

Averages

Kendra Madrid Cell: 7203573397

23

at Keller Williams Integrity

INTELLIGENT PRICING & TIMING Pricing a home for sale is as much art as science, but there are a few truisms that never change. ☐ ☐ ☐

Fair market value attracts buyers, overpricing never does.

The first two weeks of marketing are crucial.

The market never lies, but it can change its mind.

ASKING PRICE

PERCENTAGE OF BUYERS

+15%

10%

+10%

30%

Market Value

60%

-10%

75%

-15%

90%

Fair market value is what a willing buyer and a willing seller agree by contract is a fair price for the home. Values can be impacted by a wide range of reasons but the two largest are location and condition. Generally, fair market value can be determined by comparables - other similar homes that have sold or are currently for sale in the same area.

Sellers often view their homes as special which tempts them to put a higher price on the home, believing they can always come down later, but that’s a serious mistake.

Overpricing prevents the very buyers who are eligible to buy the home from ever seeing it. Most buyers shop by price range, and look for the best value in that range.

ACTIVITY

at Keller Williams Integrity

1

2

3

4

5

6

TIME ON MARKET (IN WEEKS)

Your best chance of selling your home is in the first two weeks of marketing. Your home is fresh and exciting to buyers and to their agents.

With a sign in the yard, a description in the local Multiple Listing Service, distribution across the internet, open houses, broker’s caravan, ads, and email blasts to your listing agent’s buyers, your home will get the greatest flurry of attention and interest in the first two weeks.

If you don’t get many showings or offers, you’ve probably overpriced your home, and it’s not comparing well to the competition. Since you can’t change the location, you’ll have to improve the home’s condition or lower the price.

Consult with your agent and ask for feedback. Perhaps you can do a little more to spruce up your home’s curb appeal, or perhaps stage the interior to better advantage.

The market can always change its mind and give your home another chance, but by then you’ve lost precious time and perhaps allowed a stigma to cloud your home’s value.

Intelligent pricing isn’t about getting the most for your home – it’s about getting your home sold quickly at fair market value.

Results That MOVE You

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