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CENTENNIAL ACRES
V A C A N T
3348 W Chenango Avenue
Englewood, CO 80110
Price $315,000
ARV $440,000
Closing: September 21, 2018
Earnest Money: $6,500
- Great layout
- Currently 5 bedrooms/3 bathrooms
- Three (3) non-conforming bedrooms in basement
- Main Floor = 1,118 Sq Ft
- Basement = 1,118 Sq Ft
- Most major items completed
- Roof to be replaced before closing
- Updated 200 amp electrical panel
- Furnace and water heater are newer
- Most windows are dual pane
- Updated plumbing
- Two sewer clean-outs in front
- Two bedrooms on main level were combined to make a master suite, could choose to keep that layout or convert back to two bedroom to make property 6/3.
- Master suite walks out to private deck
- Attached one-car garage extends past the length of the property.
Comps:
Comps average 10 days on market and go from just below asking to just above asking price.
Comps kept basement bedrooms non-conforming.
3126 W Grand Avenue SOLD @ $412,000 on 7/17/18 for $15,000 over asking. Under contract in 5 days. Comp is 4 beds and 2 baths. Subject property is 5 bed and 3 baths. Both have one car garage. Both sit on similar sized lots. Comp is outdated. Subject property should achieve higher ARV with updating to today’s standards and most major mechanical items being newer.
3207 W Monmouth Avenue SOLD @ $423,000 on 5/10/18. Under contract in 10 days. Comp is 4 beds and 2 baths. Subject property is 5 bed and 3 baths. Both have one car garage. Both sit on similar sized lots. Looks like this home was updated in 2015 before the last owners bought it. Subject property should achieve higher ARV with updating to today’s standards and most major mechanical items being newer.
5094 S Grove Street ACTIVE @ $426,000. Comp is 4 beds and 3 baths. Subject property is 5 bed and 3 baths. This property does not have a garage, subject property has 1 car garage. Both sit on similar sized lots. This property has been updated but it sides to a busy street and backs to a gas station. Subject property should achieve higher ARV as it is on a quite street.
5038 S Linden Drive SOLD @ $445,000 on 8/24/18. Under contract in 10 days. Comp is 5 beds and 3 baths. Subject property is 5 bed and 3 baths. This property has a 2 car garage, subject property has 1 car garage. This property does sit on a larger lot. This property has a small kitchen with okay updates. Subject property should achieve similar ARV with updating to today’s standards and most major mechanical items being newer.