at Keller Williams Integrity
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
This week the median list price for Denver, CO is $683,500 with the market action index hovering around 65. This is less than last month's market action index of 76. Inventory has increased to 980.
Real-Time Market Profile Median List Price
$683,500
Market Action Index
Median Price of New Listings
$602,500
This answers “How’s the Market?” by comparing rate of sales versus
Per Square Foot
$369
Average Days on Market
36
Median Days on Market
28
Price Decreased
51%
Price Increased
3%
Relisted
5%
Inventory
980
Median Rent
$2,800
Market Action
65
inventory. 50
40
Buyer's Market
60
Seller's Market
70
100
10 0
on
65
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
$1,425,000
3,551
4,500 - 6,500 sqft
4
4
50
40
40
28
$795,000
2,148
4,500 - 6,500 sqft
3
2
71
37
41
28
$599,900
1,935
4,500 - 6,500 sqft
3
2
66
51
41
21
$475,000
1,358
6,500 - 8,000 sqft
3
2
67
66
57
14
Tue Aug 09 2022
2 of 6
Single-Family Homes
The Bartic Group's Market Report www.TheBarticGroup.com
Denver, CO
Median List Price
Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift. $850K $800K $750K $700K $650K $600K $550K $500K Aug 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
Aug 2022
90-Day Average
Segments
Prices have generally settled at a plateau, although Quartile 1 has been trending a bit downward in recent weeks. We’ll need to see a persistent shift in the Market Action Index before we see prices across the board move from these levels. $2.5M
$2.0M
$1.5M
$1.0M
$500K
$0 Aug 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Tue Aug 09 2022
Aug 2021
Dec 2021
Apr 2022
Aug 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 Aug 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
Aug 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. 2K
1K
1K
750
500
250
0 Aug 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
Aug 2022
90-Day Average
Tue Aug 09 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 Aug 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
Aug 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 Aug 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Tue Aug 09 2022
Aug 2021
Dec 2021
Apr 2022
Aug 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 26 days. Half of the listings have come newly on the market in the past 13 or so days. Watch the 90-day DOM trend for signals of a changing market. 80
60
40
20
0 Aug 2019
Dec 2019
Apr 2020
Aug 2020
Dec 2020
7-Day Average
Apr 2021
Aug 2021
Dec 2021
Apr 2022
Aug 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 Aug 2019
Dec 2019
Apr 2020
Top 90-Day
Aug 2020
Dec 2020
Upper 90-Day
Apr 2021
Lower 90-Day
Tue Aug 09 2022
Aug 2021
Dec 2021
Apr 2022
Aug 2022
Bottom 90-Day
6 of 6
277 S Franklin St, Denver, CO 80209-2606, Denver County APN: 5114-24-038
CLIP: 9939290206
MLS Beds 1
MLS Full Baths 1
Half Baths N/A
MLS Sale Price $467,500
MLS Sq Ft 718
Lot Sq Ft 2,200
Yr Built 1906
Type TH/RH
MLS Sale Date 05/26/2021
OWNER INFORMATION
Owner Name
Munslow Duncan
Mailing ZIP 4
2606
Mailing Address
277 S Franklin St
Mailing Carrier Route
C025
Mailing City & State
Denver, CO
Owner Occupied
Yes
Mailing Zip
80209
LOCATION INFORMATION
Property Zip
80209
Topography
Flat/Level
Property Zip4
2606
Neighborhood Code
Washington Pk-0526
Property Carrier Route
C025
Neighborhood Name (OnBoard)
Country Club
School District
Denver County 1
Traffic
Local
Elementary School
Steele
Township
04S
Middle School
Merrill
Range
68W
High School
South
Section
11
Subdivision
Shackelton Place Sub
Quarter
SE
Zoning
U-SU-C
Block
25
Census Tract
34.01
Lot
30
PIN
5114-24-038
% Improved
32%
Schedule Number
0511424038000
Tax District
DENV
Legal Description
SHACKELTON PLACE SUB BLK 2 5 S 17.8FT OF L30
TAX INFORMATION
ASSESSMENT & TAX
Assessment Year
2021
2020
2019
Market Value - Land
$248,700
$210,400
$210,400
Market Value - Improved
$115,400
$126,000
$126,000
Market Value - Total
$364,100
$336,400
$336,400
Assessed Value - Land
$17,780
$15,040
$15,040
Assessed Value - Improved
$8,250
$9,010
$9,010
Assessed Value - Total
$26,030
$24,050
$24,050
YOY Assessed Change (%)
8.23%
0%
YOY Assessed Change ($)
$1,980
$0
Tax Year
Total Tax
Change ($)
Change (%)
2019
$1,734
2020
$1,784
$50
2.88%
2021
$1,942
$158
8.85%
CHARACTERISTICS
Lot Acres
0.0505
Total Rooms
3
Lot Sq Ft
2,200
Bedrooms
1
Land Use - County
Row House Misc
Baths - Total
1
Land Use - CoreLogic
Townhouse/Rowhouse
MLS Total Baths
1
Style
Row House
Baths - Full
1
Year Built
1906
Stories
1
Bldg Sq Ft - Above Ground
618
Heat Type
Warm Air
Bldg Sq Ft - Basement
149
Garage Type
Detached Garage
Bldg Sq Ft - Total
767
Garage Capacity
MLS: 1
Bldg Sq Ft - Finished
Tax: 618 MLS: 718
Garage Sq Ft
236
Bldg Sq Ft - 1st Floor
618
Exterior
Stucco
Basement Type
Partial
Quality
Average
# Buildings
1
Property Details
Courtesy of Alex Swords, 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: 08/09/22 Page 1/3
FEATURES
Feature Type
Size/Qty
Opn Prch-Msry
45
Prch-Encl Unf
103
Det Garage-Msry
236
SELL SCORE
Rating
Low
Sell Score
471
Value As Of
2022-08-07 05:18:44
LISTING INFORMATION
MLS Listing Id
4680268
MLS Close Price
$467,500
MLS Days On Market
5
MLS Listing Contract Date
04/28/2021
MLS Source
REcolorado
MLS Close Date
05/26/2021
MLS Status
Closed
MLS List Office Name
PORCHLIGHT REAL ESTATE GRO UP
MLS Status Change Date
05/27/2021
MLS List Agent Full Name
002872-Caroline Glidden
MLS Current Price
$435,000
MLS Buyer Agent Full Name
000771-Clare Gleason
MLS Original List Price
$435,000
MLS Buyer Office Name
PORCHLIGHT REAL ESTATE GRO UP
MLS Listing #
3137805
2611849
699867
MLS Source History
REcolorado
REcolorado
REcolorado
MLS Status
Closed
Closed
Closed
MLS Listing Price
$325,000
$285,000
$219,900
MLS Orig Listing Price
$325,000
$285,000
$229,000
MLS Listing Close Price
$323,000
$279,000
$212,500
MLS Listing Date
09/28/2016
08/06/2014
08/05/2008
MLS Close Date
10/21/2016
10/07/2014
10/17/2008
MORTGAGE HISTORY
Mortgage Date
05/27/2021
11/29/2016
10/08/2014
07/31/2012
10/28/2008
Mortgage Amount
$453,475
$290,700
$185,000
$198,753
$208,701
Mortgage Lender
Fairway Independent M tg Corp
Cherry Crk Mtg Co Inc
Homeward Resid'l Inc
Cherry Creek Mtg
Liberty Svgs Bk Fsb
Borrower
Munslow Duncan
Hinds James W
Hoover Natasha
Hjelden Jacqueline J
Hjelden Jacqueline J
Mortgage Type
Conventional
Conventional
Conventional
Fha
Fha
Mortgage Purpose
Resale
Resale
Resale
Refi
Resale
Mortgage Term
30
30
30
30
30
Mortgage Term
Years
Years
Years
Years
Years
Mortgage Int Rate
5.625
Title Company
Heritage Title Co.
Mortgage Date
10/22/2007
Mortgage Amount
$171,000
Mortgage Lender
Everbank
Borrower
Phillips Suzette
Mortgage Type
Conventional
Mortgage Purpose
Resale
Mortgage Int Rate Mortgage Term
30
Mortgage Term
Years
Title Company
Property Details
Courtesy of Alex Swords, 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: 08/09/22 Page 2/3
PROPERTY MAP
*Lot Dimensions are Estimated
Property Details
Courtesy of Alex Swords, 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: 08/09/22 Page 3/3
Map of Property Locations
273 S Franklin Street, Denver, CO Listing Id: Status: Price: 1 Subtype: Ttl SqFt: Bd/Bth: Show #:
80209 6404531 Active 06/03/22 $515,000 MLF 959 1/1 3035737469
250 S Lafayette Street, Denver, CO 80209 Listing Id: 7573392 Status: Closed 04/21/22 Price: $570,000 3 Subtype: MLF Ttl SqFt: 1,344 Bd/Bth: 2/1 Show #: 1-800-746-9464 280 S Lafayette Street, Denver, CO 80209 Listing Id: 7244375 Status: Closed 02/28/22 Price: $680,000 5 Subtype: SFR Ttl SqFt: 1,500 Bd/Bth: 3/2 Show #:
251 S Lafayette Street, Denver, CO 80209 Listing Id: 8717900 Status: Pending 07/09/22 Price: $650,000 Subtype: SFR 2 Ttl SqFt: 1,115 Bd/Bth: 2/2 Show #: 7202073756 256 S Marion Parkway, Denver, CO 80209 Listing Id: 4642117 Status: Closed 03/15/22 Price: $600,000 Subtype: SFR 4 Ttl SqFt: 900 Bd/Bth: 1/1 Show #: 303-573-7469 260 S Marion Parkway, Denver, CO 80209 Listing Id: 4188397 Status: Closed 11/19/21 Price: $750,000 Subtype: SFR 6 Ttl SqFt: 1,250 Bd/Bth: 2/2 Show #:
Full Property View - Client
273 S Franklin Street, Denver, CO 80209
----
$515,000 - Active
Listing ID: 6404531 MLS Status: Active County: Denver List Price: $515,000 Property Type: Residential Original List Price: $550,000 Property Subtype: Multi-Family Structure Type: Duplex Basement: Yes Levels: One Year Built: 1908 Subdivision Name: Country Club Listing Contract Date: 06/03/2022 Spec. Listing Cond: None Known Days in MLS: 67 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,587 Tax Year: 2021 Tax Legal Desc: SHACKELTON PLACE SUB B25 L32 & N/2 OF L31 EXC PT L32 BEG NE COR L32 S 16.56FT W 16.88FT S 0.65FT W 41.5FT N 3.38FT SW 3.26FT W 5.8FT SW 25.12FT W 32.77FT N 18.57F E 124.83F POB
Interior Area & SqFt Building Area Total (SqFt Total): 959 Living Area (SqFt Finished): 959 Area Source: Above Grade Finished Area: 713 Below Grade Total Area: 246 Below Grade Finished Area: 246 Below Grade Unfinished Area: 0 PSF Total: $537 PSF Above Grade: $722 PSF Finished: $537 Basement: Partial Bsmnt Ceiling Ht: Foundation: Fireplace: 1/Living Room Heating: Forced Air, Natural Gas Cooling: Central Air HVAC Description: Security Features: Flooring: Wood Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Oven, Range, Range Hood, Refrigerator, Washer Exclusions: Tenant Personal Property
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
1 0 1 0 0
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
1 0 1 0 0
Bathrooms Full: Three Quarter: Half: One Quarter:
1 0 0 0
Detailed Room Info Room Type Living Room Kitchen Bathroom (Full) Bedroom Office
Rm Level Main Main Main Main Main
Dimensions Description
Parking Parking Total: 1 Parking Type Garage (Detached)
# of Spaces 1
Garage Spaces: 1 Parking Length Parking Width
Offstreet Spaces: Parking Description
0
Site & Location Information Current Use:
Elementary School: Steele / Denver 1 Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 School of Choice: Zoning: U-SU-C View Walk, Bike, & Transit Scores
Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:
5114-24-034 57
Building Information Architectural Style: Construction Materials: Brick, Stone, Wood Siding Roof: Composition, Membrane, Exterior Features: Tar/Gravel
Water & Utilities Water Included:
Water Source:
Public
Sewer:
Public Sewer
Public Remarks Lovely half duplex home in amazing location just two blocks north of Washington Park! Work from home in this one bed, one bath, one office residence that has been updated while keeping its original charm. Bright and airy with neutral colors, hardwood floors, high ceilings and a working gas fireplace. Old meets new with the gorgeous window moldings and fireplace mantle balancing the remodeled kitchen with its white cabinets and gas range. One-bedroom with walk-in closet, one-bath with a claw foot tub. Downstairs is an unfinished basement with a washer and dryer and lots of storage space. Office with sliding glass door overlooks the west facing back yard. Outside you will enjoy your private raised deck overlooking a grassy fenced yard with garden beds. The detached garage fits one car and offers room for bikes, skis, and more. Stay cool with central air conditioning. Unbeatable Wash Park location offers so much including local favorites in all directions – Restaurant Olivia, Blackbird Public House, Bonnie Brae ice cream, and the shops and restaurants on South Gaylord Street. Steps to the Cherry Creek bike path and about a mile to Cherry Creek for more shopping and dining, and
fresh veggies at the Cherry Creek farmers market all summer long. Do not delay, this cute home will not be around long! Lease in place until 3/15/2023.
All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 08/09/2022 4:04:07 PM
251 S Lafayette Street, Denver, CO 80209 Listing ID:
$650,000 - Pending
---8717900
MLS Status: Accepting Backups: County: Denver List Price: Property Type: Residential Original List Price: Property Subtype: Single Family Residence Structure Type: House Basement: Levels: Two Year Built: Subdivision Name: Country Club Listing Contract Date: 04/21/2022 Spec. Listing Cond: Purchase Contract Date: 07/09/2022
Contingency:
Pending Yes $650,000 $749,000 Yes 1900 None Known Kickout Contingent on home sale
Days in MLS: 59 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,036 Tax Year: 2021 Tax Legal Desc: L 34 BLK 27 SHACKELTON PLACE SUB
Interior Area & SqFt Building Area Total (SqFt Total): 1,115 Living Area (SqFt Finished): 1,005 Area Source: Listor Measured Above Grade Finished Area: 1,005 Below Grade Total Area: 110 Below Grade Finished Area: 0 Below Grade Unfinished Area: 110 PSF Total: $583 PSF Above Grade: $647 PSF Finished: $647 Basement: Partial, Sump Pump, Unfinished Bsmnt Ceiling Ht: Foundation: Slab Fireplace: Heating: Forced Air Cooling: None HVAC Description: Exclusions: None
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
2 1 1 0 0
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
2 1 1 0 0
Bathrooms Full: Three Quarter: Half: One Quarter:
1 0 1 0
Detailed Room Info Room Type Family Room Dining Room Kitchen Bedroom Bathroom (1/2) Bedroom Bathroom (Full)
Rm Level Main Main Main Main Main Upper Upper
Dimensions Description
Parking Parking Total: 2 Garage Spaces: 2 Offstreet Spaces: 0 Parking Type # of Spaces Parking Length Parking Width Parking Description Garage (Detached) 2 New 2 Car Oversized - Heated and Insulated w/220v Parking Features: 220 Volts, Heated Garage, Insulated, Lighted, Oversized
Site & Location Information Lot Size: Current Use: Lot Features:
0.07 Acres / 3,120 SqFt
Fencing:
Level
Elementary School: Steele / Denver 1 Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 School of Choice: Zoning: U-TU-C View Walk, Bike, & Transit Scores
Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:
5114-22-022 65
Building Information Architectural Style: Bungalow Construction Materials: Brick Roof: Architectural Shingles
Exterior Features:
Water & Utilities Water Included:
Yes
Water Source:
Sewer:
Public Sewer
Public Remarks Beautiful and well-maintained Bungalow in highly-desirable North Wash Park/ Country Club. Just blocks from the park, you'll find this delightful home nestled in the perfect tree-lined subdivision. This charming home was recently remodeled with granite countertops, new kitchen appliances, and energy efficient windows and window treatments. The hardwood floors were installed 10 years ago and are in great condition. The upstairs main bedroom has a wonderful loft feel, and the upstairs main bathroom was also remodeled recently. Fully fenced back yard, great for entertaining, barbequing, or just relaxing and playing with your pet. The front and backyard were both xeri-scaped/artificial turfed to minimize water usage and add ease of maintenance. Additionally, this house boasts a modern insulated/heated oversize 2-car garage with 220v, constructed just 3 years ago. Don’t miss this amazing opportunity to be part of the Wash Park community! All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 08/09/2022 4:04:08 PM
250 S Lafayette Street, Denver, CO 80209
$570,000 - Closed
----
Listing ID:
7573392
MLS Status: Close Price: List Price: Original List Price:
Closed $570,000 $535,000 $535,000
County: Denver Property Type: Residential Property Subtype: Multi-Family Structure Type: Townhouse Basement: Yes Levels: One Year Built: 1922 Subdivision Name: Shackelton Place Listing Contract Date: 03/10/2022 Spec. Listing Cond: None Known Purchase Contract Date: 03/14/2022 Contingency: None Known Close Date: 04/21/2022 Days in MLS: 4 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,352 Tax Year: 2020 Tax Legal Desc: PT L 13 BLK 26 SHACKELTON PLACE SUB BEG NW COR SD BLK TH E 124.83FT TH S 24.591FT TH W 67.68FT TH N .4FT TH W 57.25FT TH N 24.191FT
Interior Area & SqFt Building Area Total (SqFt Total): 1,344 Living Area (SqFt Finished): 672 Area Source: Public Records Above Grade Finished Area: 672 Below Grade Total Area: 672 Below Grade Finished Area: 0 Below Grade Unfinished Area: 672 PSF Total: $424 PSF Above Grade: $848 PSF Finished: $848 Basement: Full, Unfinished Bsmnt Ceiling Ht: Foundation: Fireplace: Heating: Forced Air Cooling: None HVAC Description: Security Features: Carbon Monoxide Detector(s), Smoke Flooring: Wood Detector(s) Window Features: Skylight(s) Spa Features: Appliances: Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer Other Equipment: Laundry: In Unit Exclusions: All Sellers Personal Property
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
2 0 2 0 0
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
1 0 1 0 0
Bathrooms Full: Three Quarter: Half: One Quarter:
1 0 0 0
Detailed Room Info Room Type Bedroom Bedroom Bathroom (Full) Kitchen
Rm Level Main Main Main
Dimensions Description
Parking Parking Total: 1 Carport Spaces: 1 Parking Type Carport (Detached)
# of Spaces 1
Garage Spaces: 0 Reserved Spaces: 0 Parking Length Parking Width
Offstreet Spaces: RV Spaces: Parking Description
0 0
Site & Location Information Lot Size: Current Use: Lot Features:
0.07 Acres / 3,050 SqFt
Fencing:
Near Public Transit
Elementary School: Steele / Denver 1 Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 School of Choice: Zoning: U-TU-C View Walk, Bike, & Transit Scores
Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:
Full
5114-23-034 65
Building Information Architectural Style: Construction Materials: Brick, Other Roof: Other Patio/Porch Feat: Patio
Exterior Features: Pool Features:
Water Included:
Water Source:
Garden, Private Yard
Water & Utilities Public
Sewer:
Public Sewer
Public Remarks This charming half of a duplex is blocks from Wash Park! This 2 bedroom, 1 bath residence features a fully fenced backyard, covered front patio and solar panels. With hardwood floors and some serious charm, you’ll love the classic feel of this cozy home. From the brick accent to the built-ins in the dining room to the cabinet space in the kitchen, there are unique details that can only be found in a home like this one. Bask in the natural light from the many windows and skylight while enjoying a meal in the homey dining room. The comfortable main bedroom is right off the living room, and a spare bedroom currently serves as a home office. The home features all new plumbing installed in February 2022, brand new faucet in the kitchen, an unfinished basement boasting potential and detached one-car parking. Start planning your backyard barbecue now since you’ll find a great use of the fenced-in backyard for entertaining, cooking, relaxing or playing
with your pup. This home is close to great restaurants including Mecca Grill, Sportsbook Bar and Grill (Wash Park) and is walking distance to Smith Lake. ***Brokers please see offer instructions and seller's property disclosure in MLS supplements.***
All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 08/09/2022 4:04:08 PM
256 S Marion Parkway, Denver, CO 80209
$600,000 - Closed
----
Listing ID:
4642117
MLS Status: Close Price: County: Denver List Price: Property Type: Residential Original List Price: Property Subtype: Single Family Residence Structure Type: House Basement: Levels: One Year Built: Subdivision Name: Washington Park Listing Contract Date: 03/04/2022 Spec. Listing Cond: Purchase Contract Date: 03/06/2022 Contingency: Close Date: 03/15/2022 Days in MLS: 2 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: Tax Annual Amt: $1,557 Tax Year: Tax Legal Desc: L 11 BLK 27 SHACKELTON PLACE
Closed $600,000 $599,900 $599,900 No 1905 None Known None Known $0.00 2020
Interior Area & SqFt Building Area Total (SqFt Total): 900 Living Area (SqFt Finished): 900 Area Source: Above Grade Finished Area: 900 PSF Total: $667 PSF Above Grade: $667 PSF Finished: Foundation: Fireplace: Heating: Forced Air, Natural Gas Cooling: None HVAC Description: Interior Features: High Ceilings, No Stairs, Open Floorplan, Vaulted Ceiling(s) Security Features: Flooring: Wood Other Equipment: Laundry: In Unit Exclusions: Seller's personal property
Listor Measured $667
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
1 0 1 0 0
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
1 0 1 0 0
Bathrooms Full: Three Quarter: Half: One Quarter:
1 0 0 0
Detailed Room Info Room Type Sun Room Family Room Kitchen Bathroom (Full) Laundry Bedroom
Rm Level Main Main Main Main Main Main
Dimensions Description
Parking Parking Total: 1 Carport Spaces: 1 Parking Type Carport (Attached)
# of Spaces 1
Garage Spaces: 0 Reserved Spaces: 0 Parking Length Parking Width
Offstreet Spaces: RV Spaces: Parking Description
0 0
Site & Location Information Lot Size: Current Use: Lot Features: Road Surf/Front:
0.07 Acres / 3,120 SqFt
Fencing:
Landscaped, Level, Near Public Transit Alley Paved/Public Road
Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:
5114-22-007 65
Road Responsibility: Public Maintained Road Elementary School: Steele / Denver 1 Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 School of Choice: Zoning: U-TU-C View Walk, Bike, & Transit Scores
Building Information Architectural Style: Traditional Entry Level/Loc:
Common Walls:
Direction Faces: West View: Construction Materials: Brick, Frame, Wood Siding Roof: Composition Exterior Features: Property Condition: Fixer Builder Name:
No Common Walls
Builder Model:
Water & Utilities Water Included:
Yes
Water Source:
Public
Sewer:
Public Sewer
Outbuildings # of Outbuildings: 1 Outbuilding Type SqFt Workshop
Stories Yr Blt Stalls Doors Length/Width Floor
Public Remarks
Stall Floor
Features Electrical, Heated
Description great flex space for studio or office space
Awesome location located on South Marion Parkway. Walking distance to Washington Park, Cherry Creek, Old Gaylord, shopping, bars and restaurants. Perfect fixer upper that has all ready been started to live in or flip. Scrape and redevelop. It has been demoed and some remodel work has been started. Awesome heated shed (pictured). Brand new roof (main house). Alley access, carport. Cash or hard money only!!! Selling as is. Please do your own due diligence. More pictures to be added.
All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 08/09/2022 4:04:08 PM
280 S Lafayette Street, Denver, CO 80209
$680,000 - Closed
----
Listing ID:
7244375
MLS Status: Closed Close Price: $680,000 County: Denver List Price: $680,000 Property Type: Residential Original List Price: $680,000 Property Subtype: Single Family Residence Structure Type: House Basement: Levels: Year Built: Subdivision Name: Washington Park Listing Contract Date: Spec. Listing Cond: Purchase Contract Date: Contingency: Close Date: 02/28/2022 Days in MLS: 0 Association: Multiple: Cov/Rest: Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $2,834 Tax Year: 2020 Tax Legal Desc: L 19 & N 1/3 OF 20 BLK 26 SHACKELTON PLACE SHACKELTON PLACE SUB
Interior Area & SqFt Building Area Total (SqFt Total): Above Grade Finished Area: Below Grade Total Area: PSF Total: Foundation: Exclusions: None.
1,500 1,270 230 $453
Living Area (SqFt Finished): 1,270
Area Source:
Below Grade Finished Area: 0 PSF Above Grade: $535 Fireplace:
Below Grade Unfinished Area: 230 PSF Finished: $535
Bed & Bath Summary Bedrooms Total: 3 Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
2
Bathrooms Full: Three Quarter: Half: One Quarter:
Detailed Room Info Parking Parking Total: 1 Parking Type Garage (Detached)
# of Spaces 1
Garage Spaces: 1 Parking Length Parking Width
Offstreet Spaces: Parking Description structurally unsound
0
Site & Location Information Lot Size: Current Use:
0.09 Acres / 4,130 SqFt
Fencing:
Parcel Number: Walk Score:
5114-23-012 60
Elementary School: / High School: / School of Choice: View Walk, Bike, & Transit Scores
Public Remarks New roof 2015, new water heater 2019. 50 amp electrical panel. Main floor bath just renovated. Originally a 1-story home, used as a rental for many years until 2019. During its time as a rental, a staircase was added to create additional living space above the first floor (1 bedroom, 1 full bath, and an open area for an office or den). Structural engineer noted the additional weight of the 2nd floor living space created some sagging in the main floor ceiling joists, as the joists were designed for a 1 story home. He recommended some relatively easy structural improvements in the basement and the ceiling joists of the main floor for better support, as well as better drainage around the perimeter. The garage was deemed to be structurally unsound, and should be demolished.
All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 08/09/2022 4:04:08 PM
Wash Park bungalow with 3 beds/2 baths above grade
New fence 2020. New roof 2015 from hail damage.
Garage is structurally unsound; Structural Engineer recommended demolition.
Foyer. To the right is a bedroom.
Living/dining. Seller has never used the fireplace.
Home was used as a rental for many years; during that time, a staircase was added to convert attic space into living space.
View from the kitchen.
Duck your head to get to the kitchen!
Kitchen; laminate counters and "stick on" backsplash.
260 S Marion Parkway, Denver, CO 80209
$750,000 - Closed
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Listing ID:
4188397
MLS Status: Closed Close Price: $750,000 County: Denver List Price: $575,000 Property Type: Residential Original List Price: $575,000 Property Subtype: Single Family Residence Structure Type: House Basement: Yes Levels: One Year Built: 1949 Subdivision Name: Washington Park Listing Contract Date: 10/27/2021 Spec. Listing Cond: None Known Purchase Contract Date: 10/30/2021 Contingency: None Known Close Date: 11/19/2021 Days in MLS: 3 Association: N Multiple: Cov/Rest: N Assoc Fee Tot Annl: $0.00 Tax Annual Amt: $3,144 Tax Year: 2020 Tax Legal Desc: L 14 & S1/2 OF 13 BLK 27 SHACKELTON PLACE
Interior Area & SqFt Building Area Total (SqFt Total): 1,250 Living Area (SqFt Finished): 1,150 Area Source: Public Records Above Grade Finished Area: 625 Below Grade Total Area: 625 Below Grade Finished Area: 525 Below Grade Unfinished Area: 100 PSF Total: $600 PSF Above Grade: $1,200 PSF Finished: $652 Basement: Full Bsmnt Ceiling Ht: Foundation: Fireplace: Heating: Hot Water Cooling: Evaporative Cooling HVAC Description: Security Features: Flooring: Wood Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer Exclusions: Tenants personal property.
Bed & Bath Summary Bedrooms Total: Upper Level Bedrooms: Main Level Bedrooms: Lower Level Bedrooms: Basement Level Bedrooms:
2 0 1 0 1
Bathrooms Total: Upper Level Bathrooms: Main Level Bathrooms: Lower Level Bathrooms: Basement Level Bathrooms:
2 0 1 0 1
Bathrooms Full: Three Quarter: Half: One Quarter:
0 2 0 0
Detailed Room Info Room Type Bathroom (3/4) Bathroom (3/4) Bedroom Bedroom
Rm Level Dimensions Description Main Basement Main Basement non-conforming
Parking Parking Total: 2 Parking Type Garage (Detached)
# of Spaces 2
Garage Spaces: 2 Parking Length Parking Width
Offstreet Spaces: Parking Description
0
Site & Location Information Lot Size: Current Use: Lot Features:
0.11 Acres / 4,680 SqFt
Fencing:
Level
Elementary School: Steele / Denver 1 Middle/Junior Sch: Merrill / Denver 1 High School: South / Denver 1 School of Choice: Zoning: U-TU-C View Walk, Bike, & Transit Scores
Bldg/Complex Name: Parcel Number: Is Incorporated: Walk Score:
Full
5114-22-009 65
Building Information Architectural Style: Construction Materials: Brick Roof: Composition Patio/Porch Feat: Covered
Exterior Features: Pool Features:
Private Yard
Water & Utilities Water Included:
Yes
Water Source:
Public
Sewer:
Public Sewer
Public Remarks Little red brick house on beautiful lot and a half on Marion Parkway! Perfect for a new build or a great rental property as is. Current tenants on month-to-month lease. Fenced backyard. All appliances included in sale. House has one bedroom on main with a non-conforming bedroom in the basement. Newer oversized 2-car garage. Fenced backyard. All appliances included in sale. Walk to Washington Park, Starbucks, Cherry Creek and Old South Gaylord shops and restaurants. SHOWINGS FRIDAY 10am to 5pm and SATURDAY 10am to 2pm ONLY. Set appointment through showing time. Listing agent will let you in. Please do not disturb tenants at any other times.
Directions From Alemeda. Go north on Marion for 1/3 block to house on right. All data deemed reliable but not guaranteed. © REcolorado 2022.
Generated on: 08/09/2022 4:04:09 PM
Property Type is 'Residential' Mls Status is one of 'Active', 'Pending' Mls Status is 'Closed' Status Contractual Search Date is 08/09/2022 to 08/09/2021 Latitude, Longitude is within 0.25 mi of 277
S Franklin St, Denver, CO 80209, USA Originating System Name is one of 'REcolorado', 'ROCC', 'SSBR', 'IRES*' 63 Properties have been discarded.
Residential Active Properties Listing ID Address
City
6404531 273 S Franklin ST
Denver
Bds
Bths
Abv
Ttl
Fin
List
PSF Abv
PSF Ttl
1
1
713
959
959
06/03/22
$722
$537
$537
Averages:
713
959
959
$722
$537
$537
Count: 1
High $515,000
List Price:
Low $515,000
PSF Fin DIM Orig Price
List Price
550,000
$515,000
$550,000
$515,000
PSF Fin DIM Orig Price
List Price
67 67
Median $515,000
Pending Properties Listing ID Address
City
8717900 251 S Lafayette ST
Denver
Bds
Bths
Abv
Ttl
Fin
Pending
PSF Abv
PSF Ttl
2
2
1,005
1,115
1,005
07/09/22
$647
$583
$647
Averages:
1,005
1,115
1,005
$647
$583
$647
Count: 1
High $650,000
List Price:
Low $650,000
59 59
749,000
$650,000
$749,000
$650,000
Median $650,000
Closed Properties Listing ID Address
City
Bds
Bths
Abv
Ttl
Fin
Close
PSF Abv
PSF Ttl
7573392 250 S Lafayette ST
Denver
2
1
672
1,344
672
04/21/22
$848
$424
$848
4642117 256 S Marion PKWY
Denver
1
1
900
900
900
03/15/22
$667
$667
7244375 280 S Lafayette ST
Denver
3
2
1,270
1,500
1,270
02/28/22
$535
4188397 260 S Marion PKWY
Denver
2
2
625
1,250
1,150
11/19/21
$1,200
Averages:
867
1,249
998
$813
Count: 4
Closed Price:
Report Totals
Presented By: Alex Swords Generated on: 08/09/2022
Count : 6
Averages:
High $750,000
SqFt Abv 864
SqFt Ttl 1,178
List Price Close Price
CP/OLP
4
535,000
$535,000 $570,000
107%
$667
2
599,900
$599,900 $600,000
100%
$453
$535
0
680,000
$680,000 $680,000
100%
$600
$652
575,000
$575,000 $750,000
130%
$536
$676
3 2
$597,475
$597,475 $650,000
109%
Orig Price $614,817
List Price Close Price $592,483 $650,000
CP/OLP 109 %
Low $570,000 Sqft Fin 993
PSF Abv $ 770
PSF Fin DIM Orig Price
Median $640,000 PSF Ttl
$544
All data deemed reliable but not guaranteed. Copyright REcolorado © 2022. All rights reserved. REcolorado.com
PSF Fin $648
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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