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2800 S Dexter Way
Score
0
Denver, CO

2800 S Dexter Way

1.5M
4 bd • 3 ba • 4,497 sf

This analysis was generated on 3/2/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$1,500,000

Price/Sq.Ft

$334

Year Built

2014

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Quartz Countertops: Durable and aesthetically pleasing countertops, adding approximately $5,000 in value. • Stainless Steel Appliances: Modern and efficient appliances, adding approximately $3,000 in value. • Hardwood Flooring: Adds warmth and elegance, increasing property value by approximately $7,000. • Modern Fireplace: Adds a focal point and ambiance to the living space, increasing property value by approximately $4,000. • Modern Exterior Design • Open Floor Plan • Stainless Steel Appliances • Quartz Countertops • Hardwood Flooring • Price Position: At $333.56 per square foot, the property is priced slightly below the recent average of $347 per square foot for the 80222 zip code. However, this comparison should be refined by analyzing comparable properties in the University Hills neighborhood with similar features and condition. • Appreciation Trend: The property's price history shows significant appreciation since its purchase in 2002 ($160,000) and 2013 ($205,500). However, the most recent listing price represents an 88.1% increase from the 2015 sale price, which needs to be justified by market conditions and property improvements. • Potential Equity: Property could be worth up to $50,000 more than the asking price • Rental Income: $2,750/month with 90% occupancy (0.0% cap rate) • Future Development: No specific large-scale developments are mentioned in the immediate vicinity. The description highlights proximity to retail and restaurants on S. Colorado Blvd. • Excellent natural light throughout the main living areas due to large windows and an open floor plan. The high ceilings and strategically placed windows enhance the brightness of the interior.
Quartz Countertops

Quartz Countertops

Durable and aesthetically pleasing countertops, adding approximately $5,000 in value.

Hardwood Flooring

Hardwood Flooring

Adds warmth and elegance, increasing property value by approximately $7,000.

The Bad

• Hamilton Middle School's low rating (3/10) may deter some families, potentially impacting resale value. • Moderate air quality risk (4/10) and heat risk (3/10) could be concerns for some buyers, requiring mitigation strategies. • Potential interest rate hikes could reduce buyer affordability and slow down market activity. • School Quality Issue: Proximity to Bradley Elementary (8/10) likely adds a premium to property value. The low rating of Hamilton Middle School (3/10) may negatively impact property values for families with middle school-aged children.

The Ugly

No critical issues identified

Reimagine This House

What would you change about this home? Describe your vision and see it transformed by AI.

Original space

Original

Durable and aesthetically pleasing countertops, adding approximately $5,000 in value.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $33,000 with 90% occupancy rate Value Investors: Projected 16.7% appreciation potential in moderate scenario

Not For

No specific buyer categories to avoid identified
Demographics
Area Median Income

$78,585

Property History

Price History
Ownership Timeline
$797,500Financed
Mar 18, 2015
Blane C HarveyJames G Armstrong
Warranty Deed
Standard Sale (Purchase/Resales)
$205,500Financed
Sep 27, 2013
Rj Investment Real Estate LlcBlane C Harvey
Warranty Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
May 14, 2003
Roy KlineRj Investment Real Estate Llc
Quit Claim Deed
Non-Arm's Length Transactions

Property Taxes

$7,648
2024 Tax Assessment
15.0%from previous year
Assessed Value$98,700
Tax Rate7.75%

Market Insights

Real-time analysis of the local housing market

February 2025
Seller's Market

This is currently a competitive market for buyers in 80222. Homes are selling quickly and often above asking price, so be prepared to act fast and make strong offers.

$598,199
$347/sqft
0.5%
Change from last month
Your price: $1.5M (+151%)
Your price/sqft: $334/sqft (-4%)
148
26 sold last month
18.4%
Change from last month
59 days
Average for homes in this area
91.0%
Change from last month
0

Sale Price Distribution

Last month
5
Over Asking
homes
3
At Asking
homes
18
Under Asking
homes
Total: 26 homes sold

If you're buying a home in 80222, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Sale Time Distribution

Last month
13
Under 30 Days
homes
Your property
5
30-90 Days
homes
8
Over 90 Days
homes
Total: 26 homes sold

Many homes in 80222 are selling fast, if you're buying plan to act quickly.

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Risk Assessment

Climate Risks

airMODERATE

4 bad air quality days per year

heatMINIMAL

7 extreme heat days per year

98th percentile: 92°F

windMINIMAL

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

fireMINIMAL

Insurance: Optional

Risk Analysis

• Hamilton Middle School's low rating (3/10) may deter some families, potentially impacting resale value. • Moderate air quality risk (4/10) and heat risk (3/10) could be concerns for some buyers, requiring mitigation strategies. • Potential interest rate hikes could reduce buyer affordability and slow down market activity. • Climate & Insurance: Given the minimal flood and fire risk, immediate mitigation costs are low. Standard weatherization improvements (insulation, sealing) could cost $3,500-$4,500.
Insurance
Annual Cost

$5,400

$450 per month

Cost & Affordability

Monthly Costs

Breakdown of estimated monthly expenses for this property

Monthly Payment
$0
* Estimated at 1% of home value annually. Actual costs may vary.
Not Included in Estimate
• Utilities (electricity, gas, water, internet)
• Home improvements and upgrades
• Landscaping and yard maintenance
• Pest control and home services
• Emergency repairs and replacements

Can You Afford This Home?

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20.0% of purchase price

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$1,500 monthly
$450 monthly

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Schools

Showing top 5 of 11 schools

Slavens K-8 School

PublicGrades K-8
9/10
ElementaryMiddle
734 students

Cherry Hills Village Elementary School

PublicGrades PK-5
8/10
Elementary
539 students

Cherry Creek High School

PublicGrades 9-12
8/10
High
3,641 students

Southmoor Elementary School

PublicGrades PK-5
7/10
Elementary
467 students

Merrill Middle School

PublicGrades 6-8
7/10
Middle
567 students

Financials

Monthly Costs
Market Rent (4 bed)

$2,750

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,500,000
Price/sqft
$334
Layout
4 bd3 ba
0

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$731,667

105.0%

Your price is 105.0% above average

Median Price

$750,000

100.0%

Based on 3 recent sales

Price per Sq.Ft

$296

12.7%

Your price is 12.7% above average $/sqft

Comparable Properties

2549 S Ivanhoe Place, Denver, CO 80222
Price: $1,095,000
Sq.Ft: 3,701
Beds/Baths: 5/4
$/Sq.Ft:
$29611.3%
Sale Date: 11/19/2024
2370 S Monroe Street, Denver, CO 80210
Price: $350,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 11/12/2024
4645 E Highline Place, Denver, CO 80222
Price: $750,000
Sq.Ft: N/A
Beds/Baths: N/A/N/A
$/Sq.Ft: N/A
Sale Date: 10/4/2024

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