737 CMA for Patricia

at Keller Williams Integrity

The Bartic Group's Market Report Denver, CO REPORT FOR 11/4/2022 Single-Family Homes

Presented by Bartic Group 720-208-7200 info@thebarticgroup.com

Single-Family Homes

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

Denver, CO

This week the median list price for Denver, CO is $650,000 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has held steady at or around 1,043.

Real-Time Market Profile Median List Price

$650,000

Market Action Index

Median Price of New Listings

$589,900

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

Per Square Foot

$357

Average Days on Market

54

Median Days on Market

35

Price Decreased

60%

Price Increased

2%

Relisted

7%

Inventory

1,043

Median Rent

$2,695

Market Action

48

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

48

90

M

ay Tod th

Las t

80

20

30

Strong Seller's Market The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Strong Seller's Market

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

Median Price

Sq. Ft.

Lot Size

Beds

Bath

Age

New

Absorbed

DOM

$1,584,250

3,950

4,500 - 6,500 sqft

4

4

23

26

28

35

$775,000

2,184

4,500 - 6,500 sqft

3

3

71

30

29

42

$575,000

1,935

6,500 - 8,000 sqft

3

2

67

33

31

35

$450,000

1,332

4,500 - 6,500 sqft

3

2

67

50

50

35

Fri Nov 04 2022

2 of 6

Single-Family Homes

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

Denver, CO

Median List Price

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend. $850K

$800K

$750K

$700K

$650K

$600K

$550K Nov 2019

Mar 2020

Jul 2020

Nov 2020

Mar 2021

7-Day Average

Jul 2021

Nov 2021

Mar 2022

Jul 2022

Oct 2022

90-Day Average

Segments

Prices have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index before prices move from these current levels. $2.5M

$2.0M

$1.5M

$1.0M

$500K

$0 Nov 2019

Mar 2020

Jul 2020

Top 90-Day

Nov 2020

Mar 2021

Upper 90-Day

Jul 2021

Lower 90-Day

Fri Nov 04 2022

Nov 2021

Mar 2022

Jul 2022

Oct 2022

Bottom 90-Day

3 of 6

Single-Family Homes

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

Denver, CO

Price Per Square Foot

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels. $425

$400

$375

$350

$325

$300

$275 Nov 2019

Mar 2020

Jul 2020

Nov 2020

Mar 2021

7-Day Average

Jul 2021

Nov 2021

Mar 2022

Jul 2022

Oct 2022

90-Day Average

Inventory

Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.

1K

1K

750

500

250

0 Nov 2019

Mar 2020

Jul 2020

Nov 2020

Mar 2021

7-Day Average

Jul 2021

Nov 2021

Mar 2022

Jul 2022

Oct 2022

90-Day Average

Fri Nov 04 2022

4 of 6

Single-Family Homes

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

Denver, CO

Market Action Index

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

120

100

80

60

40

20 Nov 2019

Mar 2020

Jul 2020

Nov 2020

Mar 2021

7-Day Average

Jul 2021

Nov 2021

Mar 2022

Jul 2022

Oct 2022

90-Day Average

Market Action Segments

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

120

100

80

60

40

20 Nov 2019

Mar 2020

Jul 2020

Top 90-Day

Nov 2020

Mar 2021

Upper 90-Day

Jul 2021

Lower 90-Day

Fri Nov 04 2022

Nov 2021

Mar 2022

Jul 2022

Oct 2022

Bottom 90-Day

5 of 6

Single-Family Homes

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

Denver, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 45 days. Half of the listings have come newly on the market in the past 31 or so days. Watch the 90-day DOM trend for signals of a changing market.

80

60

40

20

0 Nov 2019

Mar 2020

Jul 2020

Nov 2020

Mar 2021

7-Day Average

Jul 2021

Nov 2021

Mar 2022

Jul 2022

Oct 2022

90-Day Average

Segments

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

125

100

75

50

25

0 Nov 2019

Mar 2020

Jul 2020

Top 90-Day

Nov 2020

Mar 2021

Upper 90-Day

Jul 2021

Lower 90-Day

Fri Nov 04 2022

Nov 2021

Mar 2022

Jul 2022

Oct 2022

Bottom 90-Day

6 of 6

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Online Valuation Analysis How accurate are Zestimates?

3.4%

$45,900

Zestimates varied up to 3.4% or $45,900 compared to actual MLS prices.

A

2 Active

ADDRESS

735 Glencoe Street 780 Elm Street

S

PRICE

ZESTIMATE

DIFFERENCE

$939,000

$933,475

-0.6%

$1,985,000

$1,970,296

-0.7%

2 Sold

ADDRESS

SOLD DATE

SOLD PRICE

ZESTIMATE

DIFFERENCE

730 Dahlia Street

10/12/22

$900,000

$901,000

0.1%

725 Eudora Street

10/31/22

$1,340,000

$1,294,100

-3.4%

Source: Zillow

Logan Alpizar-Lopez Cell: 7204674044

3

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Map of Comparable Listings

STATUS:

MLS #

STATUS

ADDRESS

A = ACTIVE

S = CLOSED

BEDS

BATHS

SQFT

PRICE

737 Eudora St

4

3.00

3,472

-

1

Subject

2

4976674

A

735 Glencoe Street

3

2.00

2,204

$939,000

3

1639003

A

780 Elm Street

4

4.00

4,793

$1,985,000

4

8209843

S

730 Dahlia Street

3

3.00

1,960

$900,000

5

7347292

S

725 Eudora Street

4

3.00

2,603

$1,340,000

Logan Alpizar-Lopez Cell: 7204674044

4

737 Eudora St, Denver, CO 80220-5115, Denver County APN: 6064-26-021

CLIP: 2477229170

MLS Beds 4

MLS Full Baths 2

Half Baths 1

MLS Sale Price $310,000

MLS Sq Ft 1,668

Lot Sq Ft 8,770

Yr Built 1942

Type SFR

MLS Sale Date 09/09/2008

OWNER INFORMATION

Owner Name

Bainter Patricia

Mailing ZIP 4

5115

Mailing Address

737 Eudora St

Mailing Carrier Route

C004

Mailing City & State

Denver, CO

Owner Occupied

Yes

Mailing Zip

80220

LOCATION INFORMATION

Property Zip

80220

Topography

Flat/Level

Property Zip4

5115

Neighborhood Code

S Hale-0607

Property Carrier Route

C004

Traffic

Local

School District

Denver County 1

Township

04S

Elementary School

Steck

Range

67W

Middle School

Hill

Section

06

High School

George Washington

Quarter

SE

Subdivision

Porter & Raymonds Second Add T o Montclair

Block

18

Zoning

E-SU-DX

Lot

28

Census Tract

43.08

TAX INFORMATION

PIN

6064-26-021

% Improved

56%

Schedule Number

0606426021000

Tax District

DENV

Legal Description

L 26 & 27 & N 1/2 OF L 25 & S 1/2 OF LT 28 EXC REAR 8FT TO CITY BLK 18 PORTER & RAYMONDS 2N D ADD TO MONTCLAIR

ASSESSMENT & TAX

Assessment Year

2022 - Preliminary

2021

2020

2019

Market Value - Land

$441,600

$441,600

$441,600

$441,600

Market Value - Improved

$560,900

$560,900

$568,600

$568,600

Market Value - Total

$1,002,500

$1,002,500

$1,010,200

$1,010,200

Assessed Value - Land

$30,690

$31,570

$31,570

$31,570

Assessed Value - Improved

$38,980

$40,100

$40,660

$40,660

Assessed Value - Total

$69,670

$71,670

$72,230

$72,230

YOY Assessed Change (%)

-2.79%

-0.78%

0%

YOY Assessed Change ($)

-$2,000

-$560

$0

Tax Year

Total Tax

2019

$5,209

Change ($)

Change (%)

2020 2021

$5,359

$150

2.88%

$5,348

-$11

-0.21%

CHARACTERISTICS

Lot Acres

0.2013

Total Rooms

8

Lot Sq Ft

8,770

Bedrooms

4

Land Use - County

Single Family Resident

Baths - Total

Tax: 4 MLS: 3

Land Use - CoreLogic

SFR

MLS Total Baths

3

Year Built

1942

Baths - Full

Tax: 3 MLS: 2

Bldg Sq Ft - Above Ground

2,937

Baths - Half

1

Bldg Sq Ft - Basement

535

Stories

Tax: 2 MLS: 1

Bldg Sq Ft - Finished Basement

520

Fireplace

Y

Bldg Sq Ft - Unfinished Basement

15

Fireplaces

1

Bldg Sq Ft - Total

3,472

Heat Type

Warm Air

Bldg Sq Ft - Finished

Tax: 3,457 MLS: 1,668

Garage Type

Attached Garage

Bldg Sq Ft - 1st Floor

2,033

Garage Capacity

MLS: 1

Bldg Sq Ft - 2nd Floor

904

Garage Sq Ft

543

Property Details

Courtesy of Logan Alpizar - Lopez, 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: 11/03/22 Page 1/3

Basement Type

Partial

Exterior

Brick

# Buildings

1

Quality

Good

FEATURES

Feature Type

Size/Qty

Att Garage-Msnry

543

Opn Prch-Frm

338

Det Garage-Msry

390

SELL SCORE

Rating

Very High

Sell Score

838

Value As Of

2022-10-30 04:33:26

LISTING INFORMATION

MLS Listing Id

652352

MLS Close Price

$310,000

MLS Days On Market

105

MLS Listing Contract Date

05/06/2008

MLS Source

REcolorado

MLS Close Date

09/09/2008

MLS Status

Closed

MLS List Office Name

ASSIST-2-SELL

MLS Status Change Date

09/11/2008

MLS List Agent Full Name

008780-Daniel J Omeara

MLS Current Price

$340,000

MLS Buyer Agent Full Name

260141-Susan Mathews

MLS Original List Price

$400,000

MLS Buyer Office Name

PERRY & CO

Sale Date

Tax: 12/11/2006 MLS: 09/09/2008

Deed Type

Warranty Deed

Sale Price

$570,000

Owner Name

Bainter Patricia

Price per SqFt - Finished

$164.88

Seller

Peters Melodie

Document Number

201407

LAST MARKET SALE & SALES HISTORY

Sale Date

11/03/2010

04/07/2009

Sale Price Nominal

Y

Y

Buyer

Bainter Patricia

Patrician Props Eudora LLC

Buyer

09/09/2008

12/11/2006

09/19/2006

$310,000

$570,000

$409,000

Wagner Rob

Lipsett Randall

Peters Melodie

Bainter Patricia

Seller

Patrician Props Eudora LLC

Wagner Rob

Lipsett Randall

Peters Melodie

Farris Lisle E Family Tr ust

Document Number

127749

66328

126344

201407

157462

Document Type

Warranty Deed

Warranty Deed

Warranty Deed

Warranty Deed

Warranty Deed

Title Company

Security Title Co

Security Title Co

Land Title Corp

Sale Date

04/01/2002

Sale Price Nominal

Y

Buyer

Farris Lisle E Trust

Buyer Seller

Farris Mary I

Document Number

69240

Document Type

Quit Claim Deed

Title Company MORTGAGE HISTORY

Mortgage Date

04/26/2017

12/28/2006

12/28/2006

10/03/2006

10/03/2006

Mortgage Amount

$120,000

$456,000

$114,000

$327,200

$81,800

Mortgage Lender

Alpine Bk

Silver St Mtg

Silver St Mtg

Southstar Fndg LLC

Southstar Fndg LLC

Borrower

Bainter Patricia

Lipsett Randall

Lipsett Randall

Peters Melodie

Peters Melodie

Mortgage Type

Conventional

Conventional

Conventional

Conventional

Conventional

Mortgage Purpose

Refi

Resale

Resale

Resale

Resale

Mortgage Int Rate

8

Mortgage Int Rate Type

Adjustable Int Rate Loa n

Adjustable Int Rate Loa n

Mortgage Term

20

30

30

30

30

Mortgage Term

Years

Years

Years

Years

Years

FORECLOSURE HISTORY

Property Details

Courtesy of Logan Alpizar - Lopez, 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: 11/03/22 Page 2/3

Document Type

Release Of Lis Pendens/Notice

Foreclosure Filing Date

Notice Of Trustee's Sale 03/19/2008

Recording Date

09/17/2008

03/27/2008

Document Number

128258

42505

Final Judgment Amount

$456,000

Original Doc Date

03/27/2008

12/28/2006

Original Document Number

42505

201408

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Logan Alpizar - Lopez, 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: 11/03/22 Page 3/3

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

735 Glencoe Street $939,000 ACTIVE

MLS #4976674

Denver, CO 80220

3 Beds 2.00 Baths Year Built 1946

8/2/22

Photo not available

2,204 Sq. Ft. ($426 / sqft) Days on market: 88

Photo not available

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

3/4 Baths: 1.0

School District: Denver 1

Lot Size (sqft): 6,250

Updated: Oct 29, 2022 8:05 AM

Garages: 2

List Price: $939,000

Middle: Hill

List date: 8/2/22

Orig list price: $990,000

Elementary: Carson

Full baths: 1.0

High: George Washington

Taxes: $3,422

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

Exterior Features: Private Yard, Rain Gutters Fencing: Partial

Listing Terms: Cash, Conventional, FHA, Jumbo, VA Loan Living Area Total: 2204

Association Yn: false

Fireplace Features: Living Room

Basement: Finished

Fireplaces Total: 1

Below Grade Unfinished Area: 41.0

Flooring: Carpet, Tile, Wood

Parking Features: Concrete, Electric Vehicle Charging Station (s)

Building Area Source: Public Records Construction Materials: Brick, Frame Cooling: Air ConditioningRoom, Central Air

Heating: Forced Air Interior Features: Built-in Features, Five Piece Bath Laundry Features: In Unit Levels: Two

Lot Features: Level

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

Parking Total: 2

Tax Legal Description: L 23 & 24 BLK 14 PORTER & RAYMONDS 2ND ADD TO MONTCLAIR

Patio And Porch: Front Porch

Tax Year: 2021

Road Frontage Type: Private Road

Virtual Tour: View

Road Responsibility: Public Maintained Road

Zoning: E-SU-DX

Water Source: Public

Logan Alpizar-Lopez Cell: 7204674044

6

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Remarks This beautiful Cape Cod home is lovely inside and out & located on one of the best blocks in the neighborhood! Blocks from the National Blue-Ribbon award-winning Carson Elem School & Robinson Park, which holds a new playground,summer movie nights, one of the best sledding hills in the city,& Denver Tennis Club.The main floor feels like home from the moment you walk in with a bright, spacious living room,wood burning fireplace, natural hardwood floors and French doors opening to enclosed patio & spacious backyard perfect for indoor-outdoor entertaining.A formal dining room is ideal for hosting family and friends or an intimate dinner for two and classic built-ins.The kitchen features classic counters, new stainless appliances including a Bosch dishwasher, stylish new floors and opens to an expansive,private backyard. The space off the kitchen is filled with possibilities from a breakfast nook to a quiet reading space. Downstairs you'll find a secluded primary suite retreat. The completely renovated space features a spacious bedroom brimming w/ natural light,a walk-in closet & built-ins designed to meet your every need. The suite also includes its own private living room,a fully redesigned bath featuring a circular shower, & adjacent laundry room.On the second floor,there is a completely remodeled bath with all the modern conveniences including a bidet,bookend by two spacious, bright bedrooms.Each features 2 closets a window seat w/built-in drawers, the perfect hideaway! Step out back where you can relax in a lovely & secluded yard w/mature landscaping & sunken garden ideal for entertaining.The 2-car garage includes a level-2 electric car charger & enough power to add a second.With many school-aged kids, welcoming families, a monthly book club,annual pool party and holiday celebrations.Enjoy dining or a movie at 9th & Colorado.Centrally located within blocks of several parks&schools, a 15-minute drive to downtown & close to Childrens,Rose & University Hospitals.

Logan Alpizar-Lopez Cell: 7204674044

7

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

780 Elm Street $1,985,000 ACTIVE

MLS #1639003

Denver, CO 80220

4 Beds 4.00 Baths Year Built 2013

10/6/22

4,793 Sq. Ft. ($414 / sqft) Days on market: 8

Details Prop Type: Single Family Residence County: Denver Subdivision: Porter and Raymonds Montclair/Mayfair Style: Contemporary,Spanish/SW

Full baths: 3.0

High: George Washington

Half baths: 1.0

Updated: Oct 14, 2022 6:57 AM

Lot Size (sqft): 6,969

List Price: $1,985,000

Elementary: Carson

Garages: 3

Orig list price: $2,100,000

List date: 10/6/22

Taxes: $6,578

Middle: Hill

School District: Denver 1

Features Appliances: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Self Cleaning Oven, Sump Pump, Washer, Wine Cooler

Builder Model: CUSTOM

Cooling: Central Air

Association Yn: false

Fireplace Features: Family Room, Outside, Primary Bedroom

Current Use: Live/Work

Basement: Cellar, Finished, Full, Sump Pump

Fireplaces Total: 3

Direction Faces: West

Flooring: Wood

Distance To Bus Numeric: 3

Foundation Details: Slab

Below Grade Unfinished Area: 83.0

Building Area Source: Public Records Building Name: Denver Construction Materials: Rock, Stucco

Exterior Features: Balcony, Barbecue, Dog Run, Fire Pit, Garden, Gas Grill, Gas Valve, Lighting, Private Yard

Heating: Forced Air, Radiant Floor

Fencing: Full

Distance To Bus Units: Blocks

Logan Alpizar-Lopez Cell: 7204674044

8

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Interior Features: Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, High Ceilings, Kitchen Island, Marble Counters, Open Floorplan, Primary Suite, Quartz Counters, Smoke Free, Utility Sink, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar

Listing Terms: Cash, Conventional, Jumbo

Property Condition: Updated/Remodeled

Living Area Total: 4793

Road Frontage Type: Public Road

Irrigation Source: Gated Pipe

Parking Total: 3

Senior Community Yn: false

Laundry Features: In Unit

Patio And Porch: Deck, Front Porch, Patio, Rooftop

Sewer: Public Sewer

Levels: Two

Lot Features: Irrigated, Landscaped, Level, Near Public Transit, Secluded, Sprinklers In Front, Sprinklers In Rear Parking Features: Concrete, Dry Walled, Finished, Floor Coating, Insulated, Oversized, Tandem

Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Spanish Tile Security Features: Carbon Monoxide Detector(s), Security System

Tax Legal Description: LTS 6 & 7 & N 1/2 OF L 8 EXC REAR 8FT TO CITY BLK 3 PORTER & RAYMONDS 2ND ADD TO MONTCLAIR Tax Year: 2021 Vegetation: Grassed, Mixed, Natural State, Xeriscaping Water Source: Public Window Features: Window Coverings, Window Treatments Zoning: E-MU-2.5

Structure Type: House

Remarks Mayfair custom newer built home prominently sitting on a 7300 square foot lot, this home has impressive curb appeal.

Vaulted ceilings throughout, abundant millwork, custom iron accoutrements and rich wide plank hickory hardwoods throughout. Private front office with patio and garden views, formal dining with huge windows and double tray ceiling, spacious family room with limestone surround fireplace, a remarkable kitchen boasting a huge slab granite island with generous bar seating. Professional appliances including 6- burner Gas Range with griddle, built in Wine Cooler and butlers station. Large back patio with giant built in fireplace with outdoor kitchen with pergola and mood lighting/TV. Grand twostory hallway with floor to ceiling windows flanked by library style wood cabinets upper landing and lower landing houses custom wine cellar. All bedrooms located on upper level, the primary bedroom is well appointed to include; stone surround fireplace, turret reading space with large balcony, dual vanities and customized closets... The lower level has been thoughtfully designed for enjoyment. Billard and theater, bar with wet sink and beverage cooler and seating, additional bedroom with en-suite full bath. Just far enough from 6th Avenue to enjoy peace and quiet but still easily access the tree lined parkway. Close to Crestmoor Park, Carson Elementary School and the buzz and excitement of 9+CO, Hale Park, Snooze, Trader Joes and the huge new AMC theatre!

Perfected located near shopping (Lowry and Cherry Creek), restaurants, recreation, and close to several schools; private, public, and charter, this home is in the center of everything.

Logan Alpizar-Lopez Cell: 7204674044

9

Comparative Market Analysis

780 Elm Street

737 Eudora Street, Denver, Colorado 80220

$1,985,000 ACTIVE

MLS #1639003

Denver, CO 80220

10/6/22

4 Beds 4.00 Baths Year Built 2013

4,793 Sq. Ft. ($414 / sqft) Days on market: 8

Logan Alpizar-Lopez Cell: 7204674044

10

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

730 Dahlia Street $900,000 CLOSED

MLS #8209843

Denver, CO 80220

3 Beds 3.00 Baths Year Built 1952

10/12/22

1,960 Sq. Ft. ($459 / sqft) Days on market: 3

Details Prop Type: Single Family Residence

Half baths: 1.0

Off-market date: 9/10/22

School District: Denver 1

Lot Size (sqft): 5,850 Garages: 2

Updated: Oct 12, 2022 11:12 AM

High: George Washington

County: Denver

List date: 9/7/22

List Price: $895,000

Elementary: Steck

Sold date: 10/12/22

Orig list price: $895,000

Subdivision: Hilltop/Mayfair Style: Traditional Full baths: 2.0

Middle: Hill

Taxes: $2,733

Features Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator Association Yn: false Basement: Bath/Stubbed, Finished, Full Building Area Source: Public Records

Direction Faces: West Electric: 110V, 220 Volts Exterior Features: Garden, Private Yard, Rain Gutters Fencing: Full Fireplace Features: Electric, Living Room Fireplaces Total: 1

Concessions: No

Flooring: Carpet, Tile, Wood

Construction Materials: Brick

Heating: Forced Air

Cooling: Central Air

Interior Features: Five Piece Bath, Primary Suite, Quartz Counters, Walk-In Closet(s)

Main Level Bedrooms: 2

Levels: One

Parking Total: 2

Listing Terms: Cash, Conventional

Patio And Porch: Covered, Front Porch, Patio

Living Area Total: 1960

Property Condition: Updated/Remodeled

Lot Features: Irrigated, Landscaped, Level, Many Trees, Near Public Transit, Sprinklers In Front, Sprinklers In Rear Main Level Bathrooms: 1

Parking Features: Exterior Access Door, Oversized

Roof: Architectural Shingles, Composition Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)

Logan Alpizar-Lopez Cell: 7204674044

11

Comparative Market Analysis

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

737 Eudora Street, Denver, Colorado 80220

Tax Legal Description: W 117FT OF L 8 & 9 BLK 18 PORTER & RAYMONDS 2ND ADD TO MONTCLAIR

Tax Year: 2021 Virtual Tour: View

Window Features: Double Pane Windows

Water Source: Public

Zoning: E-SU-DX

Remarks Elegant newly updated brick beauty with gorgeous mature landscaping and gardens nestled just off the prestigious Sixth Avenue Parkway. Hands down the best primary bedroom suite you will see in this price range with charming shiplap accent wall in the spacious bedroom, an enormous walk-in closet plus a linen closet, all new 5-piece bath with beautiful freestanding tub, walk-in shower with dual shower heads, double vanity. Walk-in the front door to a spacious living area with cozy fireplace, newly refinished hardwood floors and an amazing all-new kitchen with quartz countertops, stainless appliances, splashes of warm color, and crisp white cabinetry. Two spacious main floor bedrooms with newly updated bath plus a charming dining room with french doors that spill out to a jaw-dropping back yard with colorful flower beds, covered patio, a second rustic pergola-covered patio and an oversized 2-car garage. Spacious lower level family room with adjacent half bath. All this on a stellar block amongst stately homes in an eminently walkable location - stroll down a couple blocks to Snooze for an omelet or Postino for a late afternoon nosh, amble back along the gorgeous tree-lined parkway, grab some groceries at Trader Joe's or enjoy a movie at the nearby theater. New roof, gutters, tile, updated kitchen and baths plus sewer line has been scoped and repaired. Feeds to Hilltop schools (Steck elementary and Hill middle).

Logan Alpizar-Lopez Cell: 7204674044

12

Comparative Market Analysis

730 Dahlia Street $900,000 CLOSED

10/12/22

737 Eudora Street, Denver, Colorado 80220

MLS #8209843

Denver, CO 80220

3 Beds 3.00 Baths Year Built 1952

1,960 Sq. Ft. ($459 / sqft) Days on market: 3

Logan Alpizar-Lopez Cell: 7204674044

13

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

725 Eudora Street $1,340,000 CLOSED

MLS #7347292

Denver, CO 80220

4 Beds 3.00 Baths

2,603 Sq. Ft. ($515 / sqft)

Year Built 1941

10/31/22

Photo not available

Days on market: 7

Photo not available

Details Prop Type: Single Family Residence

3/4 Baths: 2.0

Off-market date: 9/25/22

School District: Denver 1

Lot Size (sqft): 6,380 Garages: 2

Updated: Oct 31, 2022 8:27 AM

High: George Washington

County: Denver

List date: 9/8/22

List Price: $1,300,000

Elementary: Steck

Sold date: 10/31/22

Orig list price: $1,300,000

Subdivision: Mayfair Style: Tudor Full baths: 1.0

Middle: Hill

Taxes: $4,017

Features Appliances: Microwave, Oven, Range, Refrigerator

Exterior Features: Garden, Private Yard

Listing Terms: Cash, Conventional

Association Yn: false

Fireplace Features: Gas Log

Living Area Total: 2603

Basement: Finished

Fireplaces Total: 1

Lot Features: Level

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

Below Grade Unfinished Area: 103.0

Flooring: Carpet, Tile, Wood

Main Level Bathrooms: 1

Senior Community Yn: false

Heating: Forced Air

Main Level Bedrooms: 2

Building Area Source: Public Records

Sewer: Public Sewer

Parking Features: Oversized, Storage

Structure Type: House

Construction Materials: Brick, Frame, Wood Siding

Interior Features: Entrance Foyer, Granite Counters, Primary Suite, Radon Mitigation System, Walk-In Closet(s)

Cooling: Evaporative Cooling

Levels: Two

Roof: Composition

Concessions: No

Parking Total: 2 Patio And Porch: Covered

Logan Alpizar-Lopez Cell: 7204674044

14

Comparative Market Analysis

Tax Legal Description: L 22 & N 17FT OF L 21 & S 12 1/2FT OF L 23 EXC REAR 8FT TO CITY BLK 18 PORTER & RAYMONDS 2ND ADD TO MONTCLAIR

737 Eudora Street, Denver, Colorado 80220

Tax Year: 2021 Virtual Tour: View Water Source: Public Zoning: E-SU-DX

Remarks Situated on one of Mayfairs most desirable blocks, this 1941 Tudor combines classic charm and character with many timeless updates. Welcoming and warm, this light-filled home features hardwood floors and many beautiful original architectural details. The spacious living and dining rooms offer wonderful space to relax or entertain. Sun streams into the updated kitchen, with ample storage and plenty of counter space. Two bedrooms and a gorgeous full bathroom round out the main floor. Escape upstairs to the private primary suite, complete with a walk-in closet and an airy, updated bathroom. The additional loft area upstairs provides great bonus space, perfect for a home office or fitness area. Heading downstairs, the finished basement boasts a large yet cozy family room, 4th bedroom, and bathroom. Abundant storage and closets throughout. Relax outside in the large, private backyard and covered patio. Dont miss the enormous garage, which easily fits two SUVs plus all your gear! Two of the neighborhoods most magnificent trees anchor the lot and offer plenty of shade in hot summer months. Easy access to all of the restaurants and shops at 9&Co, multiple neighborhood parks, and Steck and Graland schools.

Logan Alpizar-Lopez Cell: 7204674044

15

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Comparable Property Statistics A

2 Active Listings LOWEST

$939,000

S

AVERAGE

$1,462,000

HIGH

$1,985,000

AVG PRICE / SQFT

AVG DOM

$420

48

AVG PRICE / SQFT

AVG DOM

$487

5

2 Sold Listings LOWEST

$900,000

AVERAGE

$1,120,000

HIGH

$1,340,000

Logan Alpizar-Lopez Cell: 7204674044

16

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Sold Property Analysis Averages

102.1%

Homes sold for an average of 102.1% 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

$895,000

$900,000

100.56%

3

$459

$1,300,000

$1,340,000

103.08%

7

$515

$1,097,500

$1,120,000

102.05%

5

$487

730 Dahlia Street 725 Eudora Street

Averages

Logan Alpizar-Lopez Cell: 7204674044

17

Comparative Market Analysis

737 Eudora Street, Denver, Colorado 80220

Summary of Comparable Properties A

ACTIVE LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

735 Glencoe Street

-

3

2.00

2,204

$939,000

$426

780 Elm Street

-

4

4.00

4,793

$1,985,000

$414

3,498

$1,462,000

$420

Averages

S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

730 Dahlia Street

10/12/22

3

3.00

1,960

$900,000

$459

725 Eudora Street

10/31/22

4

3.00

2,603

$1,340,000

$515

2,281

$1,120,000

$487

Averages

Logan Alpizar-Lopez Cell: 7204674044

18

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.

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