Ian Clark's Personal Market Analysis

at Keller Williams Integrity

Single-Family Homes

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

Commerce City, CO

This week the median list price for Commerce City, CO is $600,000 with the market action index hovering around 77.

This is less than last month's market action index of 85.

Inventory has increased to 117.

Real-Time Market Profile Median List Price

$600,000

Market Action Index

Median Price of New Listings

$579,900

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

Per Square Foot

$200

Average Days on Market

28

Median Days on Market

14

Price Decreased

32%

Price Increased

9%

Relisted

2%

Inventory

117

Median Rent

$3,045

Market Action

77

inventory.

50

40

Buyer's Market

60

Seller's Market

70

100

10 0

on

77

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

$740,570

4,197

6,500 - 8,000 sqft

4

4

5

5

3

28

$635,280

3,207

4,500 - 6,500 sqft

4

3

1

4

3

28

$586,000

2,947

4,500 - 6,500 sqft

4

3

9

6

5

7

$512,500

1,911

4,500 - 6,500 sqft

3

2

20

10

7

7

Mon Jul 11 2022

2 of 6

Single-Family Homes

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

Commerce City, 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. $700K

$650K

$600K

$550K

$500K

$450K

$400K Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 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. $800K

$700K

$600K

$500K

$400K

$300K Jul 2019

Dec 2019

Apr 2020

Top 90-Day

Aug 2020

Dec 2020

Upper 90-Day

Apr 2021

Lower 90-Day

Mon Jul 11 2022

Aug 2021

Dec 2021

Apr 2022

Bottom 90-Day

3 of 6

Single-Family Homes

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

Commerce City, CO

Price Per Square Foot

While prices have been basically flat, the price per square foot has been heading downward. While not a sign of broad strength in a market, larger homes are coming more available and buyers are tending to get more home for their money. $350

$300

$250

$200

$150

$100 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 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.

200

150

100

50

0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 2022

90-Day Average

Mon Jul 11 2022

4 of 6

Single-Family Homes

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

Commerce City, 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 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 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 Jul 2019

Dec 2019

Apr 2020

Top 90-Day

Aug 2020

Dec 2020

Upper 90-Day

Apr 2021

Lower 90-Day

Mon Jul 11 2022

Aug 2021

Dec 2021

Apr 2022

Bottom 90-Day

5 of 6

Single-Family Homes

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

Commerce City, CO

Median Days on Market (DOM)

The properties have been on the market for an average of 19 days. Half of the listings have come newly on the market in the past 10 or so days. Watch the 90-day DOM trend for signals of a changing market.

80

60

40

20

0 Jul 2019

Dec 2019

Apr 2020

Aug 2020

Dec 2020

7-Day Average

Apr 2021

Aug 2021

Dec 2021

Apr 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.

80

60

40

20

0 Jul 2019

Dec 2019

Apr 2020

Top 90-Day

Aug 2020

Dec 2020

Upper 90-Day

Apr 2021

Lower 90-Day

Mon Jul 11 2022

Aug 2021

Dec 2021

Apr 2022

Bottom 90-Day

6 of 6

18070 E 106th Ave, Commerce City, CO 80022-9039, Adams County APN: R0200301

CLIP: 1000925609

Beds 3

Full Baths 2

Half Baths 1

Sale Price N/A

Bldg Sq Ft 2,065

Lot Sq Ft 4,059

Yr Built 2021

Type SFR

Sale Date N/A

OWNER INFORMATION

Owner Name

Clark Ian J

Mailing Zip

80022

Owner Name 2

Piper Addison R

Mailing ZIP 4

9090

Mailing Address

18070 E 106th Pl

Mailing Carrier Route

R014

Mailing City & State

Commerce City, CO

Owner Occupied

Yes

Property Zip

80022

High School

Prairie View

Property Zip4

9039

Subdivision

Reunion

Property Carrier Route

R014

Census Tract

85.38

School District

School District 27j

Neighborhood Code

Commerce City East-530

Middle School

Otho Stuart

Lot

30

PIN

R0200301

Schedule Number

R0200301

Alternate PIN

1723-09-4-07-020

Tax District

459

Legal Description

REUNION FLG NO 26 AMEND NO 1 LOT 30

LOCATION INFORMATION

TAX INFORMATION

ASSESSMENT & TAX

Assessment Year

2022 - Preliminary

2021

2020

2019

Market Value - Land

$83,000

$72,025

$66,926

$22,664

Market Value - Improved

$256,771

Market Value - Total

$339,771

$72,025

$66,926

$22,664

Assessed Value - Land

$5,770

$20,890

$19,410

$6,570

Assessed Value - Improved

$17,850

Assessed Value - Total

$23,620

$20,890

$19,410

$6,570

YOY Assessed Change (%)

13.07%

7.62%

195.43%

YOY Assessed Change ($)

$2,730

$1,480

$12,840

Tax Year

Total Tax

2019

$1,373

Change ($)

Change (%)

2020

$4,058

$2,685

195.51%

2021

$4,384

$327

8.05%

CHARACTERISTICS

Lot Acres

0.0932

Baths - Total

3

Lot Sq Ft

4,059

Baths - Full

2

Land Use - County

Single Family Resid

Baths - Half

1

Land Use - CoreLogic

SFR

Stories

2

Building Type

Residential

Cooling Type

Central

Year Built

2021

Heat Type

Central

Bldg Sq Ft - Above Ground

2,065

Garage Type

Attached Garage

Bldg Sq Ft - Basement

886

Garage Sq Ft

461

Bldg Sq Ft - Finished

2,065

Roof Material

Composition Shingle

Basement Type

Unfinished

Construction

Frame

# Buildings

1

Exterior

Frame

Total Rooms

6

Quality

Average

Bedrooms

3

FEATURES

Feature Type

Size/Qty

Bath 5

1

Attached

461

Cvrd Slab

192

Property Details

Courtesy of Mitch Helfer, 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: 07/11/22 Page 1/2

Cvrd Slab

110

Unfinished

886

Bath 2

1

Bath 4

1

Laundry Facility

1

Rough In

1

SELL SCORE

Rating

Low

Sell Score

389

Value As Of

2022-07-10 07:06:05

Owner Name 2

Piper Addison R

LAST MARKET SALE & SALES HISTORY

Owner Name

Clark Ian J

Sale Date

01/12/2022

Nominal

Y

Buyer

Clark Ian J

Buyer

Piper Addison R

Seller

Tri Pointe Homes Holdings Inc

Document Number

4289

Document Type

Special Warranty Deed

Title Company

First American Title Insurance

MORTGAGE HISTORY

Mortgage Date

01/13/2022

Mortgage Amount

$503,500

Mortgage Lender

Loandepot.com LLC

Borrower

Clark Ian J

Borrower

Piper Addison R

Mortgage Type

Conventional

Mortgage Purpose

1st Time Sale

Mortgage Term

30

Mortgage Term

Years

PROPERTY MAP

*Lot Dimensions are Estimated

Property Details

Courtesy of Mitch Helfer, 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: 07/11/22 Page 2/2

Map of Property Locations

18044 E 107th Place, Commerce City, CO 80022 Listing Id: 5475645 Status: Closed 02/07/22 Price: $559,500 1 Subtype: SFR Ttl SqFt: 2,734 Bd/Bth: 3/3 Show #: 800-746-9464 18183 E 104th Way, Commerce City, CO 80022 Listing Id: 8743625 Status: Active 06/01/22 Price: $515,000 3 Subtype: SFR Ttl SqFt: 2,200 Bd/Bth: 3/3 Show #: 800-746-9464 10541 Truckee Street, Commerce Listing Id: Status: Price: 5 Subtype: Ttl SqFt: Bd/Bth: Show #:

City, CO 80022 7884364 Closed 05/26/22 $570,000 SFR 2,202 3/4 303.486.8915

18093 E 104th Place, Commerce City, CO 80022 Listing Id: 3450125 Status: Active 06/27/22 Price: $586,000 Subtype: SFR 2 Ttl SqFt: 2,184 Bd/Bth: 2/2 Show #: 720-594-6202 10566 Waco Street, Commerce City, CO 80022 Listing Id: 2922391 Status: Closed 03/08/22 Price: $555,000 Subtype: SFR 4 Ttl SqFt: 2,200 Bd/Bth: 3/4 Show #: 303-457-4800 10532 Truckee Street, Commerce Listing Id: Status: Price: Subtype: 6 Ttl SqFt: Bd/Bth: Show #:

City, CO 80022 6507539 Closed 05/31/22 $588,000 SFR 2,344 3/3

Client 1 Page 18044 E 107th Place, Commerce City, CO 80022 (Status: Closed, Listing ID: 5475645) Close Price: $559,500 County: Adams List Price: $525,000 Property Type: Residential Original List Price: $525,000 Property Subtype: Single Family Residence Levels: Two Basement: Yes Structure Type: House Year Built: 2018 Subdivision Name: Reunion Listing Contract Date: 01/06/2022 Purchase Contract Date: 01/10/2022 Contingency: None Known Close Date (DIM): 02/07/2022 Days In MLS: 4 Association: Y Multiple: N Cov/Rest: N Assoc Fee Tot Annl: $438.00 Tax Annual Amt: $5,134 Tax Year: 2020 Tax Legal Desc: REUNION SUBD FLG NO 26 LOT 114 Interior Area & SqFt Building Area Total (SqFt Total): 2,734 Living Area (SqFt Finished): 1,926 Above Grade Finished Area: 1,926 Below Grade Total Area: 808 Below Grade Finished Area: 0 Below Grade Unfinished Area: 808 PSF Total: $205 PSF Finished: $291 PSF Above Grade: $291 Basement: Crawl Space, Unfinished Bsmnt Ceiling Ht: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Granite Counters, Kitchen Island, Primary Suite, Pantry, Quartz Counters, Walk-In Closet(s) Appliances: Dishwasher, Microwave, Oven, Refrigerator, Water Softener Flooring: Carpet, Wood Exclusions: Washer, dryer, and all TV's Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 1 Baths Three Quarter: 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $109.50 Quarterly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Clubhouse, Fitness Center, Park, Pool, Trail(s) Senior Community: No Restriction Covenants: Pets Allowed: Cats OK, Dogs OK Rentals Allowed: Site & Location Information Lot Size: 0.11 Acres / 4,684 SqFt Waterfront Feat: Lot Features: Landscaped Elementary School: Reunion / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Direction Faces: North View: Construction Materials: Frame Roof: Composition Exterior Features: Fire Pit Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks You will love this gorgeous custom home that is just like new! Step through the front door onto the beautiful engineered hardwood floors that extend throughout the main level and relax in the spacious living room. Share a meal with your family in the comfortable dining room after cooking in the stunning kitchen with slab granite countertops, Maple cabinets with soft close doors, tile backsplash,...

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/11/2022 9:14:37 AM

Full Property View

18044 E 107th Place, Commerce City, CO 80022

----

$559,500 - Closed

18093 E 104th Place, Commerce City, CO 80022 (Status: Active, Listing ID: 3450125) County: Adams List Price: $586,000 Property Type: Residential Original List Price: $586,000 Property Subtype: Single Family Residence Levels: Two Basement: No Structure Type: House Year Built: 2018 Subdivision Name: REUNION C Listing Contract Date: 06/27/2022 Days In MLS: 14 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $175.00 Tax Annual Amt: $5,921 Tax Year: 2021 Tax Legal Desc: REUNION SUBD FLG NO 18 AMND 1 LOT 31 Interior Area & SqFt Building Area Total (SqFt Total): 2,184 Living Area (SqFt Finished): 2,184 Above Grade Finished Area: 2,184 PSF Total: $268 PSF Finished: $268 PSF Above Grade: $268 Foundation: Fireplace: 0 Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Appliances: Dishwasher, Microwave, Oven Exclusions: Alarm and Kwikset lock do not convey.

Bed & Bath Summary Bedrooms Total: 2 Bathrooms Total: 2 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 0 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $175.00 AnnuallyAssoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Assoc Amenities: Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.12 Acres / 5,271 SqFt Waterfront Feat: Elementary School: Reunion / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Construction Materials: Frame, Vinyl Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Sewer: Public Sewer Public Remarks Welcome to this gorgeous neighborhood! Terrific 2 bedroom and 2 bath home with a 2 car garage. Enjoy cooking in this stylish kitchen with stainless appliances and a center island, great for food preparation. Step inside this beautiful interior with hardwood floors throughout, plenty of natural light, and neutral palette. Bedrooms offer plush carpet and ceiling fans. Entertain on the back patio, pe...

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/11/2022 9:14:37 AM

18093 E 104th Place, Commerce City, CO 80022

Staged Photo

----

$586,000 - Active

Staged Photo

18183 E 104th Way, Commerce City, CO 80022 (Status: Active, Listing ID: 8743625) County: Adams Property Type: Residential Property Subtype: Single Family Residence Levels: Three Or More Structure Type: House Subdivision Name: Reunion Listing Contract Date: 06/01/2022 Days In MLS: 9 Association: Y Multiple: Y Cov/Rest: N Tax Annual Amt: $6,051 Tax Legal Desc: REUNION SUBD FLG NO 18 Interior Area & SqFt 2,200 Living Area (SqFt Finished): 2,200 $234 PSF Finished: $234

List Price: Original List Price:

$515,000 $515,000

Basement: Year Built:

No 2018

Assoc Fee Tot Annl: Tax Year: AMND 1 LOT 25

$1,218.00 2021

Building Area Total (SqFt Total): Above Grade Finished Area: 2,200 PSF Total: PSF Above Grade: $234 Heating: Electric Cooling: Central Air HVAC Description: Interior Features: Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Microwave, Oven, Range, Refrigerator Flooring: Carpet, Wood Exclusions: Washer, Dryer, Personal Property and Staging Items.

Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 3 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 3 Garage Spaces: 3 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $65.00 Monthly Assoc 2 Fee/Frequency: $109.50 QuarteAssoc 3 Fee/Frequency: Assoc Fee Incl: Snow Removal, Trash Assoc Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Senior Community: No Trail(s) Restriction Covenants: Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.10 Acres / 4,295 SqFt Waterfront Feat: Elementary School: Turnberry / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Architectural Style: Contemporary Construction Materials: Frame, Vinyl Siding Roof: Composition Exterior Features: Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Have you ever wanted a second opportunity and wished you had it? We are back on the market!!!! No issues with inspection or appraisal (there were no requests as a result of this fantastic and “like new” condition. Welcome home to this Beautiful, like new St. Julien Model floorplan built by Oakwood Homes. This home is situated on one of the best corner lot locations in the Amenity Rich Reunion c...

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/11/2022 9:14:37 AM

18183 E 104th Way, Commerce City, CO 80022

----

$515,000 - Active

10566 Waco Street, Commerce City, CO 80022 (Status: Closed, Listing ID: 2922391) Close Price: $555,000 County: Adams List Price: $520,000 Property Type: Residential Original List Price: $520,000 Property Subtype: Single Family Residence Levels: Three Or More Basement: No Structure Type: House Year Built: 2019 Subdivision Name: Reunion Listing Contract Date: 02/09/2022 Purchase Contract Date: 02/14/2022 Contingency: None Known Close Date (DIM): 03/08/2022 Days In MLS: 5 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,596.00 Tax Annual Amt: $5,745 Tax Year: 2020 Tax Legal Desc: REUNION FLG NO 20 AMND 1 LOT 42 Interior Area & SqFt 2,200 Living Area (SqFt Finished): 2,200 Above Grade Finished Area: 2,200 $252 PSF Finished: $252 PSF Above Grade: $252 Fireplace: 1/Family Room

Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Central Vacuum, Granite Counters Appliances: Disposal, Dryer, Microwave, Range, Refrigerator, Washer Flooring: Carpet, Tile, Wood Exclusions: SELLERS PERSONAL PROPERTY Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 4 Baths Full: 2 Baths Three Quarter: 0 Baths Half: 2 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $133.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Snow Removal Assoc Amenities: Clubhouse, Pool Senior Community: No Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.08 Acres / 3,314 SqFt Waterfront Feat: Elementary School: Second Creek / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Prairie View / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Direction Faces: North View: Construction Materials: Concrete, Frame, Stone, Wood Siding Roof: Composition Exterior Features: Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Welcome To This Gorgeous Model-Like Home. Upon Entering You Are Greeted By Flowing Engineered Hardwood Floors And An Abundance Of Natural Light.

First Level Highlights Include A Powder Bath, Garage Bonus Space That Is Perfect For Your Home Gym Or Your Toys, And A Flex Area With Upgraded Renewal By Anderson Door Where You Can Walk Out To A Beautiful Patio And Garden Area. Second Story Open Concept ...

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/11/2022 9:14:37 AM

10566 Waco Street, Commerce City, CO 80022

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$555,000 - Closed

10541 Truckee Street Lot 8, Commerce City, CO 80022 (Status: Closed, Listing ID: 7884364) Close Price: $570,000 County: Adams List Price: $570,000 Property Type: Residential Original List Price: $570,000 Property Subtype: Single Family Residence Levels: Three Or More Basement: No Structure Type: House Year Built: 2018 Subdivision Name: Reunion Listing Contract Date: 04/26/2022 Purchase Contract Date: 04/27/2022 Contingency: None Known Close Date (DIM): 05/26/2022 Days In MLS: 1 Association: Y Multiple: N Cov/Rest: Y Assoc Fee Tot Annl: $1,212.00 Tax Annual Amt: $6,412 Tax Year: 2021 Tax Legal Desc: REUNION FLG NO 20 AMND 1 LOT 5 Interior Area & SqFt 2,202 Living Area (SqFt Finished): 2,202 Above Grade Finished Area: 2,202 $259 PSF Finished: $259 PSF Above Grade: $259 Fireplace: 1/Gas, Great Room

Building Area Total (SqFt Total): PSF Total: Foundation: Heating: Forced Air Cooling: Central Air HVAC Description: Interior Features: Audio/Video Controls, Breakfast Nook, Built-in Features, Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Open Floorplan, Primary Suite, Quartz Counters, Smart Thermostat, Smoke Free, Solid Surface Counters, Sound System, Stone Counters, Utility Sink, Walk-In Closet(s), Wired for Data Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Sump Pump, Washer Flooring: Carpet, Tile, Wood Exclusions: Taxes are an annual estimate. Pictures will be updated as construction progresses. Earnest Money based on using Preferred Lender, NEST Home Lending.

Bed & Bath Summary Bedrooms Total: 3 Bathrooms Total: 4 Baths Full: 3 Baths Three Quarter: 0 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $101.00 Monthly Assoc 2 Fee/Frequency: Assoc 3 Fee/Frequency: Assoc Fee Incl: Exterior Maintenance w/out Roof, Irrigation Water, Maintenance Grounds, Road Maintenance, Sewer, Snow Removal Assoc Amenities: Clubhouse, Fitness Center, Park, Parking, Playground, Senior Community: No Pond Seasonal, Trail(s) Restriction Covenants: Commercial Pets Allowed: Rentals Allowed: Long Term Vehicle Restrictions, Vehicle Height Restrictions Site & Location Information Lot Size: 0.08 Acres / 3,520 SqFt Waterfront Feat: Lot Features: Corner Lot, Greenbelt, Irrigated, Landscaped, Master Planned, Sprinklers In Front, Sprinklers In Rear Elementary School: Reunion / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Landmark Academy / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Construction Materials: Frame, Vinyl Siding Roof: Architectural Shingles Exterior Features: Balcony, Lighting, Private Yard, Rain Gutters Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks 2202 Total and Finished Sq Ft, 3 Bedroom, 3.5 bathroom, 2 car garage, covered front porch, 2nd Sliding Glass Door at Front Balcony, Gas Line at Range with 110 outlet, Non- Grotto Kitchen Appliance Package, Pendant Lights at Kitchen Island, Led Downlight Package at Great Room, Barn Door at Primary Bath, LED Down Light Package at Flex Space, LED Downlight Package at Primary Suite, 40 Gallon Water He...

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/11/2022 9:14:37 AM

10541 Truckee Street, Commerce City, CO 80022

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$570,000 - Closed

10532 Truckee Street Lot 68, Commerce City, CO 80022 (Status: Closed, Listing ID: 6507539) Close Price: $588,000 County: Adams List Price: $579,000 Property Type: Residential Original List Price: $579,000 Property Subtype: Single Family Residence Levels: Three Or More Basement: No Structure Type: House Year Built: 2019 Subdivision Name: Reunion Listing Contract Date: 04/26/2022 Purchase Contract Date: 04/27/2022 Contingency: None Known Close Date (DIM): 05/31/2022 Days In MLS: 1 Association: Y Multiple: Y Cov/Rest: Y Assoc Fee Tot Annl: $1,218.00 Tax Annual Amt: $6,303 Tax Year: 2021 Tax Legal Desc: REUNION FLG NO 20 AMND 1 LOT 68 Interior Area & SqFt 2,344 Living Area (SqFt Finished): 2,344 Above Grade Finished Area: 2,344 $251 PSF Finished: $251 PSF Above Grade: $251

Building Area Total (SqFt Total): PSF Total: Heating: Forced Air Cooling: Central Air Appliances: Disposal, Oven Exclusions: Personal Property

HVAC Description:

Bed & Bath Summary 3 1 Baths Half: 1 Baths One Quarter: 0 Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Association Information Assoc 1 Fee/Frequency: $65.00 Monthly Assoc 2 Fee/Frequency: $109.50 QuarteAssoc 3 Fee/Frequency: Assoc Fee Incl: Maintenance Grounds, Snow Removal Assoc Amenities: Clubhouse, Fitness Center, Park, Playground, Pool, Senior Community: No Trail(s) Restriction Covenants: Other Pets Allowed: Rentals Allowed: Site & Location Information Lot Size: 0.08 Acres / 3,683 SqFt Waterfront Feat: Elementary School: Second Creek / School District 27-J Bldg/Complex Name: Middle/Junior Sch: Otho Stuart / School District 27-J High School: Prairie View / School District 27-J Building & Water Information Architectural Style: Contemporary Entry Level/Loc: Common Walls: No Common Walls Construction Materials: Frame, Vinyl Siding Roof: Composition Exterior Features: Balcony, Private Yard Water Included: Yes Water Source: Public Sewer: Public Sewer Public Remarks Low maintenance at it's best! Welcome home to this meticulously maintained Reagan floorplan built by Oakwood Homes. This home is situated on one of the best lot locations in the community. Over $50,000 in upgrades this home has a gorgeous chef's kitchen with ss appliances that include a a massive eat in island, stove with double ovens, upgraded Macchiatto cabinets, granite countertops, hardwood fl...

Bedrooms Total: Baths Full:

3 1

Bathrooms Total: Baths Three Quarter:

All data deemed reliable but not guaranteed. © REcolorado 2022.

Generated on: 07/11/2022 9:14:37 AM

10532 Truckee Street, Commerce City, CO 80022

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$588,000 - Closed

This search was narrowed to a specific set of Properties. Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 07/11/2022 to 01/12/2022 Latitude, Longitude is within 0.25 mi of 18070 E 106th Pl, Commerce City, CO 80022, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*'

Residential Active Properties Listing ID Address

City

8743625 18183 E 104th WAY

Commerce City Commerce City Count: 2

3450125 18093 E 104th PL

Bds

Bths

Abv

Ttl

Fin

List

PSF Abv

PSF Ttl

3

3

2,200

2,200

2,200

06/01/22

$234

$234

$234

9

515,000

$515,000

2

2

2,184

2,184

2,184

06/27/22

$268

$268

$268

14

586,000

$586,000

Averages:

2,192

2,192

2,192

$251

$251

$251

12

$550,500

$550,500

High $586,000

List Price:

Low $515,000

PSF Fin DIM Orig Price

List Price

Median $550,500

Closed Properties Listing ID Address

City

2922391 10566 Waco ST

Commerce City Commerce City Commerce City Commerce City Count: 4

5475645 18044 E 107th PL 7884364 10541 Truckee ST 6507539 10532 Truckee ST

Bds

Bths

Abv

Ttl

Fin

Close

PSF Abv

PSF Ttl

List Price Close Price

CP/OLP

3

4

2,200

2,200

2,200

03/08/22

$252

$252

$252

5

520,000

$520,000 $555,000

107%

3

3

1,926

2,734

1,926

02/07/22

$291

$205

$291

4

525,000

$525,000 $559,500

107%

3

4

2,202

2,202

2,202

05/26/22

$259

$259

$259

1

570,000

$570,000 $570,000

100%

3

3

2,344

2,344

2,344

05/31/22

$251

$251

$251

1

579,000

$579,000 $588,000

102%

Averages:

2,168

2,370

2,168

$263

$242

$263

3

$548,500

$548,500 $568,125

104%

Orig Price $549,167

List Price Close Price $549,167 $568,125

CP/OLP 104 %

Closed Price:

Report Totals

Presented By: Mitch Helfer Generated on: 07/11/2022

Count : 6

Averages:

High $588,000

SqFt Abv 2,176

SqFt Ttl 2,311

Low $555,000 Sqft Fin 2,176

PSF Abv $ 259

PSF Fin DIM Orig Price

Median $564,750 PSF Ttl

$245

All data deemed reliable but not guaranteed.

Copyright REcolorado © 2022. All rights reserved.

REcolorado.com

PSF Fin $259

CMA 1-Line Page 1 of 1

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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