1662 S. Riverbend Ln, Superior, CO 80027 was just evaluated in the Rock Creek North neighborhood in Superior. Was this a good deal? Our 8z Neighborhood Expert, Brad Klein, knows and dishes the scoop on this recently sold home.
Listed at: $579,900
Sold for: $593,000 Closed June 12, 2015 House went under contract on May 8th. This was at the tail end of the spring demand.
I was completely surprised by this sale. It is true that the home had many of the prerequisites for a higher than normal price (walkout basement, backing to open space, remodeled kitchen, PV solar system etc.) but it far surpassed the average price of surrounding homes. While it backed to open space the view was out to a major thoroughfare (88th St. roundabout). The kitchen was beautifully remodeled but the master bathroom and second upstairs bathroom were circa 1992. New windows and a full finished basement were significant upgrades but the home did show sign of wear and tear. The previous high price for this area of R.C was when 1559 Hillrose sold 3/15 for $519,000. The main thing that holds these homes back in value is the 2-car garage and their age.
This home was bought at the tail end of the spring rush buying season. As of June 15th there are 4 homes in R.C looking for offers with similar bedrooms/baths priced between $499,900 and $539,900. That would not have been the case in late April/early May.
*Not all properties were listed and/or sold by 8z Real Estate. This data is based on content supplied by REcolorado, IRES, PPAR, and/or MLSListings. Content is deemed reliable but not guaranteed. Content may not reflect all real estate activity in the market.
The listing office for this property is Re/Max Alliance. Need a market expert’s assistance? To see homes in the area contact 8z Realtor, Brad Klein, at 303-449-0195 or email@example.com.
Have you viewed the home above? Do you agree with Brad Klein? Let us know! Please feel free to submit your comments below.
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