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Largest and Only Condo in Westlake Villas for Sale
4800 Westlake Parkway #1805 is one of 8 three bedroom units.
An agent in my Lyon real estate office lives in Westlake Villas, and she says there are only 8 of these three-bedroom units in that complex. Further, she says out of 300 units, 171 are rented. This particular unit was rented in the past, but the seller spruced it up for a new owner occupant. So, it’s turnkey and ready to move into. None of this information has been verified by me or my team, but the buyer should do her own due diligence and study the HOA docs.
This is one of the nicest complexes in Natomas. Many units are 3 stories but this unit is only two stories. Plus a two-garage comes with it, which is also unusual. The HOA dues are affordable, too. Only $271 a month. Dues cover water, trash, common areas, swimming pool, spa, rec area, clubhouse, road, exterior, roof, association management and grounds maintenance. The HOA allows 2 dogs per unit, according to unverified sources.
Available financing is conventional or cash, and you could own this 1,429 square foot condo (per the Sacramento County Assessor’s). The configuration is one bath downstairs with kitchen and living room, and three bedrooms up, which include a master suite, with two more baths. Laundry on the second floor with cabinets. Washer and dryer can stay. Even the refrigerator can stay if you ask for it. Right there you save $4,000 by not buying new appliances!
In the kitchen, you’ll find granite counters, a gas range, built-in dishwasher and a never-used microwave. It’s open to the living room so you can still entertain guests while cooking and not feel so isolated and stuck in another room. It is also minutes to the freeway. Easy off and easy on.
4800 Westlake Parkway, #1805, Sacramento, CA 95835 is offered exclusively by Elizabeth Weintraub and Lyon Real Estate at $269K. For more information, call Elizabeth at 916.233.6759.
Natomas Realtor Presents Home for Sale in Riverdale HOA
Clubhouse at Riverdale North is a few blocks away from 3341 Tice Creek Way.
This Natomas Realtor loves the Beazer-built homes in the Riverdale HOA in Sacramento, and so will you. Most of these homes were built from 2006 to 2008, so they are much newer than other parts of Natomas. Not only are they newer, but they are more affordable, with prices ranging in the $220,000 to $270,000 range, depending on square footage, amenities, location and condition. The Riverdale HOA clubhouse is shown above. When I was there shooting photos, I noticed the HOA has just drained the pool.
The seller called this Natomas Realtor because he had hoped to hire one of the top short sale agents in Sacramento. I was happy to oblige and calm his fears about the short sale by letting him know that this Natomas Realtor has sold more short sales over 7 counties than any other agent for the past 10 years. I checked the stats. He cannot possibly hire a Sacramento short sale Realtor with more direct experience than Elizabeth Weintraub. Plus, I have sold my fair share of homes in the Riverdale HOA, including having filmed an HGTV House Hunters 2009 show featuring short sale homes in the Riverdale HOA.
Natomas short sale, 3341 Tice Creek Way, is for sale at $225K.
You really can’t beat the price of $225,000 for this home in Natomas at 3341 Tice Creek Way. Another home of identical square footage recently sold at $238,000. The reason this price is so low is because there is no carpeting on the lower level. With the exception of the ceramic tiled entry, the flooring is slab and the carpeting has been removed. This will make it easy for a new buyer to install the type of flooring everybody wants, which is engineered hardwood.
It’s a perfect home for a first-time home buyer or an investor. Rents are sometimes higher than mortgage payments in this neck of the woods, which means a first-time home buyer might actually be saving money to buy this home over renting it. And an investor might also gain a bit of cash flow, which is the cornerstone of most investments.
Kitchen features maple cabinets and ceramic counters
It features an open kitchen and family room on the first level, plus a half bath. The garage is attached. There are ceramic counters in the kitchen, maple cabinets, a built-in dishwasher, microwave, gas cooking range, separate oven and a free-standing refrigerator. At the top of the stairs on the second floor you’ll find a built-in office area, with a desk and cabinets. There is a second bedroom in the hall, plus a full hall bath, including a master suite with a full bath featuring a tub with a shower.
3341 Tice Creek Way, Sacramento, CA 95833 is offered exclusively by your Natomas Realtor Elizabeth Weintraub at Lyon Real Estate at $225,000. It will be held open this Sunday, October 23, 2016, from 2:00 to 4:00 PM, hosted by the incredible Josh Amolsch from the Elizabeth Weintraub Team. Call 916.233.6759 for more information.
Park Place Natomas Condo SOLD at Record Price
This Park Place Natomas Condo just closed at a record price for this model.
When I began working on the marketing verbiage for the Park Place Natomas condo in Regency Park, I noticed that I had typed the proverbial his-and-hers closets. Whoa. That seemed a bit discriminatory. Why are two closets called his-and-hers? For starters they are both hers, just ask any guy. Second, I don’t want to leave out any buyers from consideration nor offend a soul. To be cute, I penned: Perfect for a roommate or couple, with his-and-his, hers-and-hers or his-and-hers closets, your choice.
— Side Note: Discrimination is a big thing in real estate, even if some agents disagree with the state and federal Fair Housing laws, and I hear that a lot, mostly from agents in states other than California. Morons. Those types of agents don’t deserve to practice real estate. I hope they get their licenses yanked and they can go back to working at the car wash or selling guns or whatever they did before jumping into real estate. It’s bad enough that we have to make a federal law not to discriminate and it’s even worse when agents, of all people, ignore it. —
This Park Place Natomas condo came on the market toward the end of June, and we had 13 showings over 24 hours resulting in multiple offers. It was a tough choice to choose an offer. The seller opted for the offer that presented the least amount of possible hiccups. Even then, there was a question about the occupancy ratios from the HOA because the proportionate share of rental units exceeded the number that particular lender would allow.
Yet, conventional loans are possible for a Park Place Natomas condo. We reached a little further, gathered more information, and the lender was able to accommodate the buyer. For this size of condo, only 1,114 square feet, we sold at the highest price ever on Club Center Drive. I helped the seller to push the envelope on price, and we sold the Park Place Natomas condo for $227,000.
If you’re interested in selling a Park Place Natomas condo, please call Elizabeth Weintraub at 916.233.6759. You’ll be glad you did. 2001 Club Center Dr, Unit 6114, Sacramento, CA 95835 closed escrow on July 20, 2016 at $227K.
Affordable Home in Natomas on Brookstone Coming Soon
Affordable home in Natomas at 2980 Brookstone Way, Sacramento
When your Sacramento Realtor walked into this affordable home in Natomas on Friday, the Bob Marley tribute hanging on the living room wall was the first thing I spotted. The seller’s daughter smiled as she opened the door, and smiled even broader when I said, “I’ve been in that guy’s house.” Her eyes widened. “Yup, in Kingston; touched the bullet holes in the wall, too.” It was at that point that I realized perhaps she did not know that much about Bob Marley, and maybe some things are better left unsaid. So much for small talk.
Living room at 2980 Brookstone Way
The bottom line to remember is this is an affordable home in Natomas. It is coming to the market tomorrow, Monday, May 16th. The reason it is affordable is because it is priced at $249,000. Trying to buy a 3-bedroom, two-bath home in Natomas for under $250,000 can be difficult right now due to low inventory in Sacramento. For homes without an HOA in south Natomas, there are only 4 listings in MLS under $250K, and one of those is a short sale. This is not.
This affordable home in Natomas will need a little bit of TLC, but it’s little stuff that most homeowners want to do such as choosing new flooring and painting the walls a brighter color. Besides that, you’ll love the features such as an extra big living room with a vaulted ceiling. A formal dining space and a workable kitchen with a dishwasher, range and refrigerator.
If a person painted the south-facing garage door trim, the home would probably qualify for FHA financing, too. The laundry, of course, is located inside the garage, so you don’t have to listen to the noise from the washer or dryer. The water heater is newer. There is a garage door opener on the ceiling.
Check out this coming soon listing tomorrow. Your affordable home in Natomas, 2980 Brookstone Way, Sacramento, CA 95833 is offered exclusively by Lyon Real Estate and your Natomas Realtor Elizabeth Weintraub, at $249K. Call 916.233.6759 for more information.
Timing the Micro Housing Markets in Natomas Sacramento
Study the housing markets in Natomas before selling
There are a few neighborhoods in Natomas that comprise such a high percentage of rental homes that the unbalanced situation is negatively affecting property values. Home buyers relocate to Natomas because they want that close-to-downtown urban commute but they also want the suburban lifestyle offered in part by other homeowners who live nearby and who are just like them. If they wanted to live near tenants, they’d live downtown Sacramento or in Midtown. No matter how you cut it, if your street begins to dip toward more tenant-occupied homes than owner-occupied homes, your property values will undoubtedly suffer.
Landlords for a home in Natomas called last fall to ask about listing their rental. It’s a home that had been underwater for years, and they, like many people, did not want to do a short sale. Luckily for them, they were not so far under that they could not rebuild equity, unlike others. Further, the comparable sales in that neighborhood supported higher values, high enough that they could have sold, paid all expenses and probably pocketed $20,000 or so. But, they decided to wait.
Fast forward to this year, with far less inventory and fewer sales, which resulted in fewer comparable sales. This is a disappointing situation for those who try to time the market. I have sold a lot of homes in Natomas and, in particular, in this certain neighborhood. One of those homes, in fact, was an identical model to my client’s home. Same square footage and located a block away. That other home was filmed in 2009 for a House Hunter’s episode because it had been sold as a Sacramento short sale, and I used it as one of the 3 homes my buyers chose when I appeared on that HGTV show.
The sellers struggled with the value I presented. It wasn’t as high as the value from last fall, but the housing markets in Natomas and for that neighborhood had changed. The comparable sales did not support that higher price. The strategy I suggested was to list it under a certain price point and let buyers bid it up by a few thousand over that particular price point, and it worked. Market demand dictates price. We sold the home. Yet, I got the feeling that the sellers had wished for a better turnout, a better return.
They sold the home for slightly more than they paid for it 8 years ago, and they made a few thousand in profit. That’s better than a poke in the eye with a stick, don’t you think?
It’s really difficult to time the real estate market. I monitor the housing markets in Natomas day-in and day-out, and I would not try to time the market, even though my finger is on the pulse. I sense the lesson of this particular situation is when the price is right for you, jump on it and put that home on the market. Don’t always try to push that envelope by waiting to squeeze a bit more because it might backfire.
