2005 Warm Springs Rd #21_LP

Page 1

MARKETING P R E S E N TAT I O N

E x clu s iv ely Pr ep a r ed Fo r Gus M yer s



On behalf of myself and the entire Engel & Völkers Gestalt Group family, I am extremely honored for this opportunity and look forward working hard to meet your real estate goals. We know your standards are high, and we aim to meet and exceed those standards by giving you an experience and the results of only the highest caliber. - Reid Sanborn

1

LEVERAGING OUR CONNECTIONS

2

DIGITAL EXPOSURE

3

PRINT ADVER TISING

4

IN SHOP PRESENCE

5

DIGITAL MULTI-MEDIA

6

JUST LISTED CAMPAIGN

ABOUT E&V | GESTALT GROUP | NETWORK |

REACH


Your Engel & Völkers Advisor Reid Sanborn

Designated Broker, Partner Global Real Estate Advisor – +1 208 720 8244 reid.sanborn@evrealestate.com reid.sanborn.evrealestate.com

As a Broker and Partner at Engel & Völkers Sun Valley, Reid Sanborn uses his leadership experience, market knowledge, and unrelenting work ethic to deliver a premium level of service to his clients and colleagues. He holds an MBA from the University of North Carolina Kenan-Flagler School of Business, an MS in Aeronautics from Embry Riddle Aeronautical University, and a BA in Hospitality Management from Washington State University. Reid is a Planning and Zoning Commissioner for the city of Sun Valley, former Sun Valley Board of Realtors President, and currently sits on the Board as their Past President. He recently completed his first multi-family Ketchum Development Project, “The Lofts @ 660” as part of Engel & Völkers Development Services. Born and raised in Mercer Island, Washington, a well-known and prominent suburb of Seattle, after completing his undergraduate degree Reid joined the United States Air Force and became a pilot in the F-15 Fighter Jet. He is a decorated military officer, and has traveled and served all over the United States and around the world. He has lived in Washington, Idaho, North Carolina, Oklahoma, Georgia, Florida, and the United Kingdom. During his service, Reid purchased, leased, and sold real estate. Reid is now a full-time resident in Sun Valley, Idaho where he enjoys skiing, biking, hiking, and playing in the outdoors with his family. Through Engel & Völkers, Reid is uniquely positioned to offer a premium level of service in the exchange of residential and commercial real estate. Reid consistently exceeds the goals of his clients through passion for service and the ability to bring people together. Reid volunteers with Higher Ground Sun Valley and is a supporter of local non-profit organizations. Reid commits a percentage of his commissions to the Engel & Völkers charity partner, Special Olympics National and local chapters, in honor of his clients.


Testimonials and Awards “What could I possibly say to express the stellar experience we had. We had a number of people throughout the experience, unprompted, express to us that Reid was their favorite Agent in town and, it was entirely clear to us why. Reid was super helpful to us in navigating our first home purchase. He helped us take full advantage of our new neighborhood with recommendations, advice, connections to local resources and way more. ” - Simon, Zillow Review “Outstanding support from a direct and transparent Reid. He has integrity and was especially responsive answering many questions and helping connect me with local surveyors and engineers with strong local reputations. As with any complex land acquisition, some of the suggestions about likely approvals for various minutia such as re-plating and stream bank improvements we not fully calibrated - but it is fair to say that this detail takes years of experience to build. I would absolutely work with Reid again. The foundation is trust.” - Peter, Zillow Review “We feel very lucky to have walked into Engel & Volkers a year ago with a few casual questions only to end up in a chat with president with the board of realtors! Reid is so low key that we didn’t even realize this fact until after our move! Can not recommend him highly enough.” - Drew, Zillow Review “Reid Sanborn was an excellent broker. We have worked with numerous brokers in the past, and Reid was one of the best. Always a step ahead in the process of the purchase, and understanding the parties involved and the best ways to work with them.” - Donald, Real Satisfied Review

Diamond Elite Advisor Engel & Völkers Americas announced that our Advisor Reid Sanborn has been recognized as a Diamond level real estate advisor in the global company’s 2020 Elite Club. This distinction recognizes Engel & Völkers Americas advisors who achieved a minimum of $250,000 in closed gross commission income or a minimum of 36 closed sides for the calendar year 2020.


1 / MARKETING PRESENTATION

1. Network Marketing The various networks and connections we have with buyers, influencers and other professionals is one of our main advantages.


Well Connected

As it is well known in real estate, it’s a relationship based industry and much of the success that professionals have is “who you know”. For the past 44 years, advisors at Engel & Völkers have had the distinct advantage to have a network of clients and professionals in other industries that foster opportunity and present it to others that allow for our clients to succeed in their goals. In addition to our brands international network, I seek out new networks and stay connected by means of exclusive networks that create further opportunity.

Gestalt Group - As part of the Gestalt Group, we have direct access to over 600 advisors in 32 offices just within our own Engel & Völkers ownership group. They will be the first to learn about our new Engel & Völkers listings when they come to market. Due to that, we expose your home to the most likely buyers in the intermountain west and California Coast. This list includes very wealthy clients who are, to mention a few, heads of banks, CEO’s, celebrities, professional athletes, Princes, and Sheikhs. This connection directly benefits our clients and gives us great marketing advantage to develop a customized sales strategy for your home. Our prowess is a truly global perspective and network, achieved by discretely leveraging the reach of the Engel & Völkers group. We seek to assist our clientele in selling distinctive real estate and thrive for long term client relationships.


Gestalt Group - A Connected Force

OR ID

NV

5

UT CA

AZ


The Connection Source We are a group of highly specialized real estate professionals at the top of our respective markets. We work together to leverage our attributes and geographical advantages to ensure all E&V advisors come out on top. Park City. Salt Lake City. San Francisco. Lake Tahoe. Napa Valley. Newport Beach. The location is irrelevant, wherever Engel & Völkers opens its doors, the philosophy remains the same. The group is an interconnected system, referrals are frequent, and cross-marketing is embraced. Outside of our group, it is not uncommon to pick up the phone to call Germany for marketing ideas, or assistance in locating an international referral agent. Above all, we are a family made up of the top agents in our markets. We represent some of the most affluent individuals in the country, and we have a fantastic time in the process.

California Santa Barbara, Santa Ynez, Newport Beach, Laguna Beach, Belmont Shores, Beverly Hills, Sherman Oaks, San Francisco (2), Sausalito, Mill Valley, San Anselmo, Kentfield, Fairfax, Santa Rosa, Healdsburg, Napa, St. Helena, Mendocino, Truckee.

Utah Park City, Salt Lake City, Eden, St. George

Nevada South Lake Tahoe, Incline Village, Reno

Idaho Sun Valley, McCall


2 / MARKETING PRESENTATION

2. Digital Exposure Will be ongoing upon launch of the property on the (MLS) Multiple Listing Service.


Our Digital Exposure

We strategically target high affluent areas such as Silicon Valley, San Francisco Bay area, Napa & Sonoma Counties, Southern California, Texas, Florida, Connecticut, Chicago and New York. Those paid ads will be placed on all major social platforms such as: YouTube, Instagram, LinkedIn, and Google. All will be platform specific to optimize the engagement potential, directed to potential buyers for your home.

+

INSTAGRAM - On Instagram we publish photography and video of your home to our 10,000+ audience. In addition, we promote each published post to the same strategic areas as mentioned above. Here we focus on choosing the right age group and interests and lifestyles that match with potential buyers. Through Instagram and Facebook, we get your property in front of over 100,000+ strategically targeted individuals per month. LINKEDIN - Linkedin is designed for business and is a terrific platform to find people that are interested in investing in real estate in markets that make sense to be in. We have curated a network of these high-networth individuals through multiple accounts that reach not only local Arizona business people, but those in key feeder markets of the greater Phoenix and Scottsdale area. YOUTUBE - On YouTube we will publish your video to expose it to our subscribed audience and create a digital link that will be embedded into all of our digital marketing. This link will direct our targeted audience to the video, which will be the ultimate medium to best show highlights of your home. In addition, we will promote your video via google ads to prospective buyers. We target prospective buyers by choosing strategically selected neighborhoods combined with relevant key words to narrow down the focus to get your video seen by as many qualified individuals as possible.


3 / MARKETING PRESENTATION

3. Print Advertising Frequent mix of local, regional and national print media exposure.


Print Advertising Your property will be featured in publications that matter. Whether locally, regionally or nationally, we use a mix of all to ensure we cover top spots to feature your home in front of affluent individuals.

SUN VALLEY PROPERTY NEWS - SVPN Magazine is a dedicated monthly printed publication to celebrating lifestyle, property, arts, entertainment, and dining that defines life and culture in the historic resort area of Sun Valley, Idaho. Our monthly issues offer expansive stories with full spreads, stunning photography, and more editorial pages than any other local magazine, resulting in a reading experience that one can get lost in. Over its 10 years in existence, SVPN has grown into THE go-to resource for everything Sun Valley. BIGLIFE - BigLife connects people who live, visit, or just daydream about life in the mountains. It is the only lifestyle magazine about the Mountain West that reaches a national audience. They have distribution in the local resort, regional and national markets. BigLife has a well rounded, aganged, active, and curious set of readers causing them to have six editorial pillars. Theyfocus on food & drink, arts & culture, issues & community, style & gear, and home & design. They key markets are Jackson Hole, Park City, Sun Valley, Aspen, Telluride, & Lake Tahoe. GG MAGAZINE - GG is an independent magazine with top quality entertainment value. Architecture, lifestyle, fashion, design, yachting, luxury, travel… We scour the globe for the most exciting topics and most fascinating personalities, and invite you, dear reader, to come along for the ride. Meet the prominent architects, illustrious designers and distinguished artists everyone is talking about, and gain an entirely new perspective on their life and work. This premium publication will keep you up to date on everyone and everything worth knowing from London to New York and from Berlin to Hong Kong. WSJ / MANSION GLOBAL - Mansion Global is the award-winning, premier digital destination for compelling content about the global real estate market. From global market analysis to relevant news, our multilingual platform is localized to address the interests of an international audience. Mansion Global also provides its high net worth audience the ability to search luxury listings for sale around the world. Mansion Global is part of Barron’s Group, which comprises publications including Barron’s magazine, MarketWatch and Financial News.


4 / TOOLS, TACTICS & TECHNIQUES

4. In Shop Presence Our shop exposure and collaborative listing marketing efforts are unique to E&V worldwide.


In-Shop Presence

Your home will be shown in 200+ shops nationwide via the company’s digital in-house EV Shop TV channel. In addition, your home will be featured as a window display in the most relevant markets.

At our shops, we frequently host events like an art exhibition, new development releases, or inviting the local community for certain holidays to celebrate with us. During these events, we will feature your home via brochures and exposes to our guests. Your home will be featured inside E&V shops and as window displays in the most relevant markets for your property. It will be shown in E&V shops in San Francisco, Newport Beach, Aspen, Laguna Beach, Beverly Hills, Napa, Scottsdale, Park City, and more.


5 /4 MARKETING / TOOLS, TACTICS PRESENTATION & TECHNIQUES

5. Digital Multi-Media Prior to launch, stunning visual media will be produced.


Digital Multi-Media

Video is the most effective medium to properly engage potential buyers through social media and on the web. It will increase exposure and better communicate the lifestyle and highlights your property has to offer to potential buyers for your home.

We will use this video to provide exposure for your home through paid digital ad placements, digital interactive property brochures, and to share across social media. Our in-house photographer will take twilight photography in order to capture your home in its best form. This will allow us to enhance all print and digital advertising with stunning visuals and further increase engagement. In order to provide potential out-of-state/country buyers with a good sense of the floor plan and the layout of the home, we will create a Matterport tour. Matterport is currently the most advanced and popular 3D virtual walk-through tours on the market. It creates not only virtual walk-through capabilities, but also a “dollhouse view”, which helps potential buyers to provide a better understanding of the layout and floorplan of your home.


6 / 4MARKETING / TOOLS, TACTICS PRESENTATION & TECHNIQUES

6. Just Listed Campaign Additional direct marketing to sales professionals and beyond.


Just Listed Campaign

Upon the launch of your home on the MLS, in addition to the 1,500+ websites your property will be exposed, we will also send out an email marketing piece, featuring the photography, videography, 3D Virtual Tours, and a link to the property website to our entire data base. The email marketing pieces will get sent out to the following:

Over 8,000 top agents in Los Angeles, Orange County, San Francisco Bay Area, New York, and across the United States. The top 150 Engel & Völkers advisors world-wide, to every Engel & Völkers shop in the Americas, and to all 600+ of Paul Benson’s advisors in California, Utah, Nevada, Oregon, and Arizona. Entire Sun Valley Board of Realtors


From discreet to high-reach: Our marketing tools target the right buyer

In-shop Presence

Digital Marketing

Local Marketing

In-shop display

E&V website

Sales sign

In-shop event

Property search app

Consultation

Online marketplaces

Search customer

E&V newsletter

Content marketing

Display advertising SEO

Open House

Broker Event


Direct Marketing

Print Advertisements

E&V Network

Neighborhood

Local newspapers

E&V Shop TV

Video card

GG magazine

Direct mailings Virtual Reality Tour E-mailing

Local magazines

E&V In-House

Private residences

Regional Advisor Event

Coffee-table book

Private Office


Exclusive Listing Exposure Our Extensive Domestic & Global Exposure (EDGE) syndication platform provides unprecedented reach to get our properties in front of qualified consumers whether they’re next door, in The Americas or abroad. Once your home is uploaded to the Engel & Völkers backend system, your home will be featured on 1550+ websites internationally.

45.2M

2.3M

Monthly Visitors

Monthly Visitors

78.1M

3.1M

Monthly Visitors

Monthly Visitors

160M

Monthly Visitors

175.25M

300M

Monthly Visitors

2.9M

Monthly Visitors

Monthly Visitors

Monthly Visitors

Monthly Visitors

1.1M

890.95M

53M

Monthly Visitors

EXTENSIVE REACH

9.5B

Yearly Visitors


In-Person Engagment Brokers Open House: Invite select brokers, top producing agents and their clientele for an exclusive preview of the home. Events: In addition to the Brokers Open House, we will choose selected events to additionally expose the property and communicate the opportunity. • Ketchum Gallery Walk • Engel & Völkers Sposored Summer/Winter Events • Draw from personal relationships with successful professional Event Planners from Sun Valley Area (existing prior relationships)


24 Hours at Engel & Völkers

gures

Hours at 24 Hours at Engel & Völkers Engel & Völkers

1 Millio

People Re by Social Our clients follow us e

Facts and Figures

91 Million

Transaction Volume The total value of properties sold in one day

91 Million

Transaction Volume The total value of properties sold in one day

538

er or Seller

3,803

0.11

Shop Open Opening 3-4 per month

87

Deals 87 successfu and negotiati

New Listings We're always adding exclusives to our portfolio

brings thousands troductions First Buyer or Seller Contacts Each day brings thousands of new introductions

E&V / 16

0.11

Shop Openings Opening 3-4 shops per month

538

New Listings We're always adding exclusives to our portfolio

1,025

Website Leads 1,025 people contact us daily

1,025

Website Leads 1,025 people contact us daily

1.7

Sho 1,75 eac


1 Million

People Reached by Social Media Our clients like and follow us everywhere

Our brand strength and global network drive engagemente 24/7, opening up a world of opportunities for you project.

1

Our brand strength and global network drive engagements 24/7, 365 days a year.

nings 4 shops

100,000

Website Visits Our online connections increase daily

87

Deals 87 successful matches and negotiations.

22

Hours of Training Our real estate Academy deepens Advisor expertise

Sophisticated systems and smarter strategies are just starting points. It’s our standard of service that sets us apart…and our standards are high.

1.750

Showings 1,750 property tours each day

Engel & Völkers means handcrafted attention to every detail, expert knowledge and insight, meticulous white-glove service tailored discreetly for your property, and unmatched exposure.

164,000

Newsletters Sharing our news and our listings

E&V / 17


4 / TOOLS, TACTICS & TECHNIQUES

Custom Marketing Examples We work to create custom marketing pieces to bring your property to life for prospective buyers.


2 0 0 5 W a r m Sp r i n g s Ro a d # 2 1 Ke t ch u m I d a h o , 8 3 3 4 0 1 BEDROOMS - 1 BATHS - 625 Sqft - MLS# 21-328257 Recently remodeled 1 bedroom Snow Valley condo in the heart of Warm Springs, featuring a spacious kitchen and thoughtful updates throughout. This beautiful condo makes for the perfect mountain retreat, complete with a spacious storage locker, balcony views, and easy access to the mountain and park.

OFFERED AT $399,000

REID SANBORN - 208-720-8244 - REID.SANBORN@EVREALESTATE.COM ENGEL & VÖLKERS SUN VALLEY | 291 FIRST AVENUE NORTH | KETCHUM, ID 83340 REIDSANBORN.EVREALESTATE.COM ©2021 Engel & Völkers. All rights reserved. Each brokerage independently owned and operated. Engel & Völkers and its independent License Partners are Equal Opportunity Employers and fully support the principals of the Fair Housing Act. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.


E&V ID A M -2 0 3 1 4 0 ®

R E CE N T LY R E M O D E L E D SN OW VA L L E Y CO N D O 2 0 0 5 W a r m Sp r in g s R o a d #2 1 - K et ch u m - Id a h o - 8 3 3 4 0

Bedrooms - Dormitorios - Schlafzimmer Bathrooms - Baños - Badezimmer L ot Size - Superficie Construida - Wohnzimmer Pr ice - Precio - Preis www.sunvalley.evrealestate.com

1 1 625 Sqft $399,000

© 2021 Engel & Völkers. All rights reserved. Engel & Völkers and its independent franchisees are Equal Opportunity Employers and fully support the principles of the Fair Housing Act. Each property shop is independently owned and operated. All information provided is deemed reliable but is not guaranteed and should be independently verified. If your property is currently represented by a real estate broker, this is not an attempt to solicit your listing.


SVPN Magaine Ad Example


Prepared exclusively for:

Prepared by:

Gus Myers

Reid Sanborn

2005 Warm Springs Rd # 21 Ketchum, ID 83340

Date: October 20, 2021

Engel & Völkers Sun Valley 291 First Ave N 208-720-8244 reidsanborn.evrealestate.com reid.sanborn@evusa.com


Suggested List Price

Analysis of the comparable properties suggests a list price of:

$399,000 $638 / sqft

Comparable Averages per Status S

6 Sold

$412,500 $707 / sqft 34 Days on Market

Additional Notes The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data fields such as single-family or condo, number of bedrooms, number of baths, postal codes, and many other factors. Its purpose is to show fair market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Dear Gus, In order to effectively inform you about the current happenings in today's market, I have prepared this comparative market analysis (CMA). There are many properties on the market today and each has different amenities, sizes, and values. By reviewing this CMA, you will have the information needed to price your home in the appropriate range for today's Sun Valley market. Based on comparable property sales in the area, the market indicates a value in the $410,000.00 range. However, from my experience, if we were to market the home at $399,000.00 I believe we would generate more action for the listing and could see more potential buyers with competitive offers. Please let me know if you have any questions, and once you've had a chance to review the CMA and Marketing Plan let's set up a call to discuss further. Looking forward to working together.

Sincerely, Reid

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Summary of Comparable Properties S

SOLD LISTINGS

ADDRESS

SOLD DATE

BEDS

BATHS

SQFT

PRICE

$/SQ.FT

125 Picabo St, F7

8/19/21

1

1.00

570

$482,000

$846

1515 Warm Springs Rd, 17

4/16/21

1

1.00

713

$458,000

$642

125 Picabo St, F9

10/1/21

1

1.00

551

$429,000

$779

7/2/21

1

1.00

525

$428,000

$815

318 Bald Mountain Rd, 116

3/26/21

1

1.00

534

$350,000

$655

2005 Warm Springs Road #44

8/11/21

1

1.00

653

$328,000

$502

591

$412,500

$707

104 Jane Lane #10

Averages

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Home

MLS #21-328257

125 Picabo St, F7

$482,000

Ketchum, ID 83340

1 Bed

CLOSED

8/19/21

1.00 Baths

Days on market: 43

570 Sq. Ft. ($846 / sqft)

Year Built 1973

Features View:

Prjct Condo/T Condo/Townhse: ownhse: International Village

Agent Owned: No

Views: true

Lot:

Reo: No

Cable Tv: true

Zoning: K/GR-H

Public Syndication: Yes

Shor Shortt Sale: No

Custom Closets: true

Taxes: 1013.7

Unit #: F7

Construction: Exterior:

Hoe: Yes

Interior:

Assn Dues: 252.0

Flooring:

Assn Dues Fr Frequency: equency: Monthly

Dir Directions: ections: From Warm Springs Rd., turn onto Jane Lane, left on Picabo St. - turn right into International Village, building F is at the back, over the bridge.

Fir Fireplace eplace W Wood: ood: true

Tax Y Year: ear: 2020

Financing: Cash

Wood Bur Burning ning Fir Fireplace: eplace: true

Roof: Architectural Asphlt Garage: None

Gr Green een Featur Features: es: No

Pur Purchaser chaser Name: Undisclosed

Main Flr Master Bdr Bdrm: m: true Walk In Closet: true Window Coverings: true Efa: true

Cooling:

Excluded Items: Chairs on back deck, living room rug, living room throw pillows.

Water: true

New Construction: No

Sewer: true

Sf Deck: 40.0

Fenced:

Fur Furnished: nished: Included

Levels: 1 Story

Sf Per: Owner

Utilities: Sale T Type: ype:

Yr Remodeled Cmplete: 2000.0

Apx Basement Sq Ft:

Water aterfr front: ont: No

Assn Pool: true

Apx Basement Finished:

Bc: EVS

Deck: true

1 Stor Story: y: true

Vir irtual tual T Tour: our:

Soc: 3.0

Sprinkler Blw Gr Ground: ound: true

Cash: true

Soc T Type: ype: %

Storage Closet: true

To Show Phone: Maryland: 8186894854

Heating:

Range Elec: true

None: true

Refrigerator: true

Site Built (Stick): true

Electrical: true

Other: true

Private: true

Asphalt: true

Paved: true

Wood: true

Ar Architectural chitectural Asphlt: true

Assn Hot T Tub: ub: true

City/Public: true Full Bath: true

Undergr Undergrnd nd Utilities: true

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

Oven Elec: true

Concessions: No


City Connected: true

Avalanche: true

Fee Simple: true

Snow Removal: true

Electric: true

Cc & R's: true

Insurance: true

Trash: true

War arm m Springs Cr Creek: eek: true

Easement: true

Maintenance Gr Grounds: ounds: true

K/Gr H: true

Lead Base Paint: true

Maintenance Structur Structure: e: true

Pr Prop op T Type: ype: Condominium

Subdivision: N/A

Sold date: 8/19/21

List Price: $479,950

County: Blaine

Style: 1 Story

Of Off-market f-market date: 8/19/21

Orig list price: $479,950

Ar Area: ea: Warm Springs in Ketchum, Warm Springs in Ketchum

Lot Size:

Updated: Sep 3, 2021 11:18 AM

Assoc Fee: $252

Details

List date: 6/25/21

Taxes: $1,014

Remarks Fully remodeled and beautifully furnished ski in-ski out condo, ideally located on the Warm Springs lift line. This one bedroom, one bathroom home boasts amazing amenities including a private heated association pool and hot tub, onsite laundry, private parking, and easy creek access. A ski lovers dream, enjoy all Sun Valley has to offer right out your front door.

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Home

MLS #21-327850

1515 W War arm m Springs Rd, 17

$458,000

Ketchum, ID 83340

1 Bed

CLOSED

4/16/21

1.00 Baths

Days on market: 2

713 Sq. Ft. ($642 / sqft)

Year Built 1980

Features View:

Prjct Condo/T Condo/Townhse: ownhse: Warm Springs Tennis

Water aterfr front: ont: No

Landscaping: true

Lot:

Bc: IMR

Near Park: true

Zoning: K/T

Public Syndication: Yes

Soc: 3.0

Sprinkler Blw Gr Ground: ound: true

Taxes: 1183.78

Unit #: 17

Soc T Type: ype: %

Storage Closet: true

Construction:

Tax Y Year: ear: 2020

Agent Owned: Related

Views: true

Exterior:

Hoe: No

Reo: No

Cable Tv: true

Interior:

Assn Dues: 825.0

Shor Shortt Sale: No

Fir Fireplace eplace W Wood: ood: true

Flooring:

Assn Dues Fr Frequency: equency: Quarterly

Dir Directions: ections: Main St Ketchum to Warm Springs Rd parking lot is on left just after passing West Canyon Rd on right

High Ceilings: true

Financing: N/A

Window Coverings: true None: true

Roof: Metal Garage: None

Spec Assess: 250.0

Pr Progr ogrmabl mabl Ther Thermostat: mostat: true Radon Mitigaton Sys: true

Heating:

Spec Assmt Fr Frequency: equency: Quarterly

Cooling:

Gr Green een Featur Features: es: No

Water: City Connected

Excluded Items: None

Pur Purchaser chaser Name: Undisclosed

Sewer: City/Public

Excluded Par Parties: ties: None

Concessions: No

Dishwasher: true

Fenced:

For R.Com Ad City: Ketchum

Disposal: true

Levels:

Hoa Company Name: Boulder Mt Prop Mgmt

Micr Microwave: owave: true

Utilities:

Efa: true

Hoa Phone #: 208-639-9890

For Idx Ad Only Ar Area: ea: Warm Springs

Sale T Type: ype:

New Construction: No

Site Built (Stick): true

Refrigerator: true

Apx Basement Sq Ft:

Studio/Loft: Plus Loft

Asphalt: true

Stack W/D: true

Apx Basement Finished:

Sf Per: Assessor

Wood: true

Electrical: true

Vir irtual tual T Tour: our:

Yr Remodeled Cmplete: 2004.0

Balcony: true

Public: true

Deck: true

Paved: true

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

Range Elec: true


Metal: true

Same Day Notice: true

Electric: true

City/Public: true

To Show Phone: Amy 208-720-7063

K/T K/T:: true

Cash: true

Fee Simple: true

Cc & R's: true

City Connected: true

Details Pr Prop op T Type: ype: Condominium

Subdivision: N/A

Of Off-market f-market date: 4/16/21

Orig list price: $395,000

County: Blaine

Lot Size: List date: 4/1/21

Updated: Sep 3, 2021 11:18 AM

Assoc Fee: $825

Ar Area: ea: Warm Springs in Ketchum, Warm Springs in Ketchum

Sold date: 4/16/21

List Price: $395,000

Taxes: $1,184

Remarks This is a terrific condo in a fantastic location. End unit with huge deck, views of the mtns The original renovation included raising the sunken Livingroom floor, installing oak floors in entrance and kitchen, concrete countertops, reconfiguring the location of the loft ladder and enclosing the Bedroom for privacy. Recent changes include new paint, buffed the countertops & wood floors..

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Home

MLS #21-327832

125 Picabo St, F9

$429,000

Ketchum, ID 83340

1 Bed

CLOSED

1.00 Baths

Days on market: 137

551 Sq. Ft. ($779 / sqft)

Year Built 1973

Features View: Lot:

Prjct Condo/T Condo/Townhse: ownhse: International Village

Zoning: K/A, K/T

Public Syndication: Yes

Taxes: 1010.0

Unit #: F9

Shor Shortt Sale: No

Efa: true Woodstove: true

Construction:

Tax Y Year: ear: 2020

Dir Directions: ections: Turn into IV off Picabo street and proceed straight toward the mountain. Unit is at the far end of the F building, 1st floor.

Exterior:

Hoe: No

Financing: Conv

Micr Microwave: owave: true

Interior:

Assn Dues: 253.0

Flooring:

Pur Purchaser chaser Name: Undisclosed

Range Elec: true

Assn Dues Fr Frequency: equency: Monthly

Concessions: No

Gr Green een Featur Features: es: No

Washer: true

For R.Com Ad City: Ketchum

Excluded Items: None

Electrical: true

For Idx Ad Only Ar Area: ea: Warm Springs

Private: true

Roof: Composition Garage: None Heating: Cooling:

Excluded Par Parties: ties: None

Water: true

Hoa Company Name: Engelmann

Crawl: true

Sewer: true

Hoa Phone #: 2087212220

Fenced:

Aerial V View: iew: true

New Construction: No

Levels:

Plat: true

Sf Per: Realtor

Utilities:

Wood: true

Water aterfr front: ont: No

Sale T Type: ype:

Assn Pool: true

Bc: BHHS

Apx Basement Sq Ft:

Cable Tv: true

Soc: 3.0

Apx Basement Finished:

Main Flr Master Bdr Bdrm: m: true

Soc T Type: ype: %

Vir irtual tual T Tour: our:

Walk In Closet: true

Agent Owned: No

Window Coverings: true

Reo: No

None: true

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

10/1/21

Site Built (Stick): true

Dishwasher: true Dr Dryer: yer: true Hood Fan: true

Refrigerator: true

Paved: true Composition: true Selling Bc: BHHS City/Public: true Full Bath: true Moder Modern: n: true Cash: true New Loan: true Same Day Notice: true To Show Phone: sue 208-720-0680


Owner Occ. Par Partt Time: true

K/T K/T:: true

Fee Simple: true

Snow Removal: true

City Connected: true

K/A: true

Insurance: true

Trash: true

Electric: true

Avalanche: true

Maintenance Gr Grounds: ounds: true

See Realtor Remarks: true

Cc & R's: true

Pest Contr Control: ol: true

Pr Prop op T Type: ype: Condominium

Subdivision: N/A

Sold date: 10/1/21

List Price: $439,000

County: Blaine

Style: Modern

Of Off-market f-market date: 10/1/21

Orig list price: $350,000

Ar Area: ea: Warm Springs in Ketchum, Warm Springs in Ketchum

Lot Size:

Updated: Oct 1, 2021 4:07 PM

Assoc Fee: $253

Details

List date: 3/27/21

Taxes: $1,010

Remarks One of the few ski-in ski-out condos in Warm Springs, this 1 bedroom offers the perfect solution to guest overflow, Warm Springs parking space, or rental opportunity. Tucked away on the mountain side of Warm Springs Creek, you can listen to the water flow by winter and summer. On-site year round pool. Washer and dryer in unit with communal W/D on-site.

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Home

MLS #21-327910

104 Jane Lane #10

$428,000

Ketchum, ID 83340

1 Bed

CLOSED

7/2/21

1.00 Baths

Days on market: 16

525 Sq. Ft. ($815 / sqft)

Year Built 1972

Features View: Lot:

Prjct Condo/T Condo/Townhse: ownhse: Snowrun

Pr Progr ogrmabl mabl Ther Thermostat: mostat: true

Construction:

Hoe: Yes

Dir Directions: ections: Warm Springs Road to Jane Lane. Snow Run is on the right #10 is upstairs. Note Unit is leased until 8/31/21 at $1, 100 monthly.

Zoning: K/T-3000

Public Syndication: Yes

Taxes: 600.0

Tax Y Year: ear: 20

Exterior:

Assn Dues: 262.0

Financing: Conv

Disposal: true

Interior:

Assn Dues Fr Frequency: equency: Monthly

Pur Purchaser chaser Name: mason

Dr Dryer: yer: true

Concessions: Yes

Gr Green een Featur Features: es: No

Oven Elec: true

For R.Com Ad City: Ketchum

Range Elec: true

Garage: None

Excluded Items: Tenant's personal belongings

Refrigerator: true

Heating:

For Idx Ad Only Ar Area: ea: Ketchum

New Construction: No

Cooling:

None: true

Fur Furnished: nished: Not Included

Water: true

Site Built (Stick): true

Sf Per: Other

Sewer: City/Public

Plat: true

Fenced:

Yr Remodeled Cmplete: 2016.0

Wood: true

Levels:

Water aterfr front: ont: No

Utilities:

Bc: SPI

Sale T Type: ype:

Soc: 3.0

Apx Basement Sq Ft:

Soc T Type: ype: %

Apx Basement Finished:

Agent Owned: No

Vir irtual tual T Tour: our:

Reo: No

Flooring: Roof: Metal

Shor Shortt Sale: No

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

Deck: true Landscaping: true Sprinkler Blw Gr Ground: ound: true Storage Closet: true Views: true Cable Tv: true Ceiling Fan: true High Ceilings: true

Window Coverings: true Wall Heater: true Cooktop: true Dishwasher: true

Washer: true Electrical: true Public: true Paved: true Metal: true Selling Bc: kws City/Public: true Utility Closet: true 2 Stor Storyy Basement: true New Loan: true Call Of Office: fice: true Occupied T Tenant: enant: true


Prior Day Notice: true

No: true

Fee Simple: true

Trash: true

To Show Phone: 208 309-4444

K/T 3000: true

Insurance: true

Cc & R's: true

Maintenance Gr Grounds: ounds: true

City Connected: true

Lead Base Paint: true

Snow Removal: true

Pr Prop op T Type: ype: Condominium

Subdivision: N/A

Sold date: 7/2/21

List Price: $425,000

County: Blaine

Style: 2 Story Basement

Of Off-market f-market date: 7/2/21

Orig list price: $425,000

Ar Area: ea: Warm Springs in Ketchum, Warm Springs in Ketchum

Lot Size:

Updated: Sep 3, 2021 11:18 AM

Assoc Fee: $262

Electric: true

Details

List date: 4/15/21

Taxes: $600

Remarks Snowrun condos are in the middle of the Warmspring fun zone!! Two blocks from Baldy lifts, Warm Springs lodge, Sturtevants, Apples & Irving's hot dogs, fly fishing on warmspring creek, hot springs, hiking and mountain biking trails. Or catch the bus to the YMCA, Sun Valley village or town. This Snowrun unit makes for the perfect get away and is in high demand as a short or long term rental.

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Home

MLS #21-327753

318 Bald Mountain Rd, 116

$350,000

Ketchum, ID 83340

1 Bed

CLOSED

3/26/21

1.00 Baths

Days on market: 4

534 Sq. Ft. ($655 / sqft)

Year Built 1972

Features View:

Prjct Condo/T Condo/Townhse: ownhse: Limelight

Star Startt Showing Date: 2021-03-10

Plat: true

Lot: Zoning: K/GR-L

Public Syndication: Yes

Bc: BHHS

Shingle: true

Taxes: 936.8

Unit #: 116

Soc: 3.0

Stucco: true

Construction:

Tax Y Year: ear: 2020

Soc T Type: ype: %

Assn Pool: true

Exterior:

Hoe: No

Agent Owned: No

Balcony: true

Interior:

Assn Dues: 248.0

Reo: No

Fence: true

Flooring:

Assn Dues Fr Frequency: equency: Monthly

Shor Shortt Sale: No

Landscaping: true

Dir Directions: ections: Take Warm Spring Rd to Bald Mountain Rd on the left. Follow to small parking area on the street and walk in through the garage, up the stairs to #116.

Sprinkler Blw Gr Ground: ound: true

Roof: Shake/Shingle Garage: 1 Car, Underground Heating: Cooling: Water: true Sewer: true

Gr Green een Featur Features: es: No Excluded Items: Personal property Per Perm m Book Msg: 1 bedroom condo

Asphalt: true

Storage Closet: true Views: true Cable Tv: true Pantr Pantry: y: true Wood Flooring: true

Fenced:

Hoa Company Name: Pioneer West

Levels: 2 Story

Hoa Phone #: 208-726-9897

Pur Purchaser chaser Name: Undisclosed

Utilities:

New Construction: No

Concessions: No

Ebb: true

Sale T Type: ype:

Fur Furnished: nished: Not Included

For R.Com Ad City: Ketchum

Dishwasher: true

Apx Basement Sq Ft:

Sf Per: Assessor

Disposal: true

Apx Basement Finished:

Yr Remodeled Cmplete: 2021.0

For Idx Ad Only Ar Area: ea: Warm Springs None: true

Range Elec: true

Site Built (Stick): true

Refrigerator: true

Vir irtual tual T Tour: our:

Water aterfr front: ont: No

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

Financing: Cash

1 Car: true Undergr Underground: ound: true

Micr Micro/Hood o/Hood Combo: true


Stack W/D: true

Full Bath: true

City Connected: true

Insurance: true

Electrical: true

Utility Closet: true

Electric: true

Maintenance Gr Grounds: ounds: true

Public: true

2 Stor Story: y: true

No: true

Trash: true

Paved: true

Lodge: true

K/Gr L: true

Shake/Shingle: true

Cash: true

Cc & R's: true

City/Public: true

Go Without Notice: true

Fee Simple: true

Hoa Insurance Coverage: Sun Valley Insurance; see documents

Pr Prop op T Type: ype: Condominium

Subdivision: N/A

Sold date: 3/26/21

List Price: $335,000

County: Blaine

Style: 2 Story, Lodge

Of Off-market f-market date: 3/26/21

Orig list price: $335,000

Ar Area: ea: Warm Springs in Ketchum, Warm Springs in Ketchum

Lot Size:

Updated: Sep 3, 2021 11:18 AM

Assoc Fee: $248

Details

List date: 3/8/21

Taxes: $937

Remarks This hidden gem is a rare find. Completely updated from top to bottom, front to back. All new floors, paint, cabinetry, doors, hardware and appliances. Best of all, tucked off a quiet street with views of trees, grass and multimillion dollar homes. Escape to this hideaway and relax. Association allows pets and short term rentals. Hurry, it won't last long.

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Home

MLS #21-327996

2005 W War arm m Springs Road #44

$328,000

Ketchum, ID 83340

1 Bed

CLOSED

8/11/21

1.00 Baths

Days on market: 7

653 Sq. Ft. ($502 / sqft)

Year Built 1967

Features View:

Prjct Condo/T Condo/Townhse: ownhse: Snow Valley

Water aterfr front: ont: No

Storage Closet: true

Lot:

Bc: BHHS

Undergr Undergrnd nd Utilities: true

Zoning: K/GR-L

Public Syndication: Yes

Soc: 3.0

Views: true

Taxes: 1053.0

Tax Y Year: ear: 2020

Soc T Type: ype: %

Main Flr Master Bdr Bdrm: m: true

Construction:

Hoe: No

Agent Owned: No

None: true

Exterior:

Assn Dues: 275.0

Reo: No

Ebb: true

Interior:

Assn Dues Fr Frequency: equency: Monthly

Shor Shortt Sale: No

Dishwasher: true

Dir Directions: ections: Head West on Warm Springs Road, Left onto Bald Mountain Road. Parking for Complex is on the Right side of the road. Access to units is from Bald Mountain Road. Unit 44 is on 4th Floor.

Oven Elec: true

Flooring: Roof: Flat

Spec Assess: 1000.0

Garage: None

Spec Assmt Fr Frequency: equency: Semi-Annual

Heating:

Master Assc Or Other: 25.0

Cooling:

Master Fr Frequency: equency: Monthly

Water: true

Gr Green een Featur Features: es: No

Sewer: true

Financing: Cash

Fenced:

Excluded Items: Tenant's Personal Property

Levels:

Excluded Par Parties: ties: None

Concessions: No

Utilities:

Hoa Company Name: Korby Financial Serv

For R.Com Ad City: Ketchum

Sale T Type: ype: Apx Basement Sq Ft:

New Construction: No

For Idx Ad Only Ar Area: ea: Warm Springs

Apx Basement Finished:

Fur Furnished: nished: Not Included

Site Built (Stick): true

Vir irtual tual T Tour: our:

Sf Per: Assessor

Wood: true

Yr Remodeled Cmplete: 2015.0

Near Park: true

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

Pur Purchaser chaser Name: Johnson

Range Elec: true Refrigerator: true Public: true Paved: true Flat: true City/Public: true Cash: true Leave Car Card: d: true Occupied T Tenant: enant: true Prior Day Notice: true To Show Phone: 208-720-3189 Shar Shared ed W Well: ell: true Electric: true


K/Gr L: true

Cable Tv: true

Pest Contr Control: ol: true

Cc & R's: true

Insurance: true

Snow Removal: true

Fee Simple: true

Maintenance Gr Grounds: ounds: true

Trash: true

Pr Prop op T Type: ype: Condominium

Subdivision: Warm Springs

Of Off-market f-market date: 8/11/21

Orig list price: $310,000

County: Blaine

Lot Size: List date: 5/5/21

Updated: Oct 11, 2021 2:02 PM

Assoc Fee: $275

Ar Area: ea: Warm Springs in Ketchum, Warm Springs in Ketchum

Sold date: 8/11/21

List Price: $310,000

Details

Taxes: $1,053

Remarks Remodeled in 2015, this 1 bedroom condo has a lot to offer. Top floor views, wonderful kitchen with stainless steel appliances, custom cabinetry, honed tile countertop and plenty of counter space. Bedroom has built-in custom closets and bathroom was remodeled this year. There is a nice sized deck with sliding glass doors to let in all the sunshine. Oversized storage closet next door.

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


Comparable Property Statistics S

6 Sold Listings LOWEST

$328,000

AVERAGE

$412,500

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com

HIGH

$482,000

AVG PRICE / SQFT

AVG DOM

$707

34


Sold Property Analysis Averages

103.8% 34 Homes sold for an average of 103.8% of their list price.

Days on market

It took an average of 34 days for a home to sell.

Analysis ADDRESS

ORIG LIST PRICE

SOLD PRICE

% OF ORIG LIST PRICE

DOM

$ PER SQFT

125 Picabo St, F7

$479,950

$482,000

100.43%

43

$846

1515 Warm Springs Rd, 17

$395,000

$458,000

115.95%

2

$642

125 Picabo St, F9

$350,000

$429,000

122.57%

137

$779

104 Jane Lane #10

$425,000

$428,000

100.71%

16

$815

318 Bald Mountain Rd, 116

$335,000

$350,000

104.48%

4

$655

2005 Warm Springs Road #44

$310,000

$328,000

105.81%

7

$502

$382,491

$412,500

107.85%

34

$707

Averages

Reid Sanbor Sanborn n · Engel & V Völkers ölkers Sun V Valley alley 291 First Ave N 208-720-8244 reid.sanborn@evusa.com


LIFE’S TAKING YOU PLACES. WE’LL HELP YOU GET THERE. We look forward to a long lasting partnership and all that comes with it.

RE I D SA N BO R N De s i gnat ed Brok er, P art ner

+1 208-720-8244 reid.sanbor n@evrealestate.com

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