12411 North Pennsylvania Street, Suite 300, Carmel, Indiana 46032
Real
Traci Garontakos & Jaci Cleveland
Estate
STONEGATE
Market Report
For the month of March 2022
REALTORS® | Neighbors | Listing Specialists
317.741.0861
E: Traci.Garontakos@EncoreSIR.com W:www.LiveInStonegate.com
IN THIS REPORT: Featured Listings | Why Sotheby’s? | Appraisal Process | Market Update Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022
REC EN T ACT IVITY
BY THE GARONTAKOS GROUP
For more information on these beautiful properties, or if you are ready to list your home, call us today at 317.741.0861. PENDING
PENDING
PENDING
6723 E STONEGATE DRIVE
7657 DEERFIELD LANE
6658 E STONEGATE DRIVE
6 Beds | 5.2 Baths | 6,785 Est. Sq. Ft. Offered at $1,400,000
5 Beds | 4.1 Baths | 4,690 Est. Sq. Ft. Offered at $1,125,000
4 Beds | 4.1 Baths | 5,795 Est. Sq. Ft. Offered at $875,000
PENDING
PENDING
SOLD
2802 W HIGH GROVE CIRCLE
2783 W HIGH GROVE CIRCLE
8840 FOXLAND RUN
6 Beds | 4.1 Baths | 5,191 Est. Sq. Ft. Offered at $699,000
4 Beds | 4.1 Baths | 5,068 Est. Sq. Ft. Offered at $699,000
6 Beds | 6.1 Baths | 7,789 Est. Sq. Ft. Sold for $1,350,000
S O L D $ 1 5 0,0 0 0 OV E R A S K I N G
SOLD
SOLD
PREPARED ESPECIALLY FOR
Jonathan and Angela-Marie Williams 6734 W STONEGATE DRIVE
4380 STRATHMORE LANE
6536 W DEERFIELD DRIVE
4 Beds | 4.3 Baths | 6,713 Est. Sq. Ft. Sold for $1,125,000
38,333 Sq. Ft. Lot in Holliday Farms Sold for $665,000
0.46-Acre Lot in Stonegate Spec Home Coming Soon
Presented by The Garontakos Group YOUR STONEGATE REAL ESTATE SPECIALISTS AND NEIGHBORS
Jonathan and Angela-Marie, If you are thinking of selling this year, let our resources and expertise make your home stand out and help you achieve success. Call us at 317.741.0861 to discuss your options.
LiveInStonegate.com
Real Traci Garontakos & Jaci Cleveland REALTORS® | Neighbors | Listing Specialists
317.741.0861
Estate
Jonathan and Angela-Marie, When it comes to selling your home, the Sotheby’s brand and the value it provides speaks for itself. Below are some of the many reasons we chose Sotheby’s and why you should too.
STONEGATE
Market Report
Jonathan and Angela-Marie, This market report was created especially for you. For a more in-depth, comparative market analysis on your property, call us at 317.741.0861.
E: Traci.Garontakos@EncoreSIR.com W:www.LiveInStonegate.com
5
27
102%
5,500
TOTAL SALES
AVERAGE DOM
AVERAGE SP/LP
AVERAGE SQ. FT.*
HOMES RECENTLY SOLD
Last 90 Days
STATUS
ADDRESS
BEDS BATHS EST. SQ. FT.*
LIST PRICE SOLD PRICE SOLD DATE
BASEMENT
Sold
6734 West Stonegate Drive
4
7
6,700
$975,000
$1,125,000
03/03/22
Yes
Sold
6590 West Deerfield Drive
5
5
6,600
$1,277,000
$1,277,000
02/07/22
Yes
Sold
6696 Beekman Place
4
3
3,400
$500,000
$500,000
01/26/22
Yes
Sold
7680 St. Lawrence Court
6
5
6,100
$1,195,000
$1,140,000
01/07/22
Yes
Sold
6710 Chapel Crossing
4
4
4,800
$775,000
$785,000
12/10/21
Yes
Traci Garontakos, Jaci Cleveland, and Encore Sotheby’s International Realty are not in any way affiliated with Stonegate Home Owners Association, nor is this in any way an official advertisement or publication of Stonegate. ©2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MIBOR MLS from December 3rd, 2021 through March 3rd, 2022. Listings and sales may not be those of Encore Sotheby’s International Realty. The National Association of Realtors® and MIBOR MLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.*Estimated square feet rounded down to nearest hundred.
WH Y SOTHEBY'S ?
U N D ERSTA N D I N G T H E A P P RA ISA L P RO C ESS
OUR L EGACY
SU PPORT TEA M
The prestige of the Sotheby’s brand is unparalleled. Sotheby’s speaks to the integrity, authenticity, and heritage of a remarkable and timeless brand.
Our clients receive the benefit of our dedicated full service brand tools and resources.
We often get asked questions about the appraisal process and its implication on a transaction. It is one of the major hurdles we face when selling a home. An appraisal ordered by the bank to protect its investment is said to be an unbiased, professional opinion of a home's value completed by a licensed appraiser.
MA RKE TI NG P L AT FO RM
OU R W EBSI TE
By promoting our brand through world-class media outlets with consistent messaging and creativity, we reinforce the brand expectation that our properties and agents are the very best.
Our Webby award-winning website, which has double the views of any other real estate website, features our properties in a distinct and unique way.
SE ASON ED P RO F ESS I O N A LS
IN TERN ATION AL EXP OSURE
Many factors go into the assessment of a home's value. Most people would be surprised to know that the price per square foot is not the most important. This is because all square footage is not created equal. We need to look at the lot, construction grade, bedroom and bathroom count, finished space such as basements or attics, level of finishes, condition of the home, and how the home compares to other recently sold homes. Value is added or subtracted based on what the comparables have to offer.
access to listing photos and details, which might not always display the true condition of the comparable. This is why it is critical to hire a broker that can accurately assess your home's value and provide necessary information about comparables to the appraiser to make the appraisal process as smooth as possible. If the appraisal comes in low, the bank will only lend on the appraised value, and the buyer may not be able to complete the transaction at the originally agreed-upon purchase price.
The company promotes quality over quantity when partnering with agents, and our clients benefit from agents who deliver a luxury experience at any price point.
A powerful global network, which transcends 1,000 offices and 79 countries, promotes idea sharing and connects buyers and sellers with specialized agents around the world.
Comparables must be in the same neighborhood if they are available, and if not, a very short distance from the property and sold within the last six months. The appraiser only has
If you would like more information on an accurate assessment of your home's value, we would be happy to provide a mock appraisal for you.
support staff, who will highlight your listing using all the
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