west sacramento realtor
Riva on the River Condo at 1380 Milano Dr #5
No sooner did I close my last sale for a Riva on the River condo did I list yet another. This listing came to me courtesy of other West Sacramento Realtors who did a mass mailing to owners in this complex. The seller of this condo received a post card that encouraged her to sell the condo, so she called me because she saw that I have sold a lot of luxury condos in Riva on the River. I know the seller was tipped off to the market by other agents because her tenant told me so.
And boy was she upset. She said her landlord would not be selling if it wasn’t for other real estate agents. She said, “Don’t they know that people want to stay here and we don’t want to move?” She blamed the agents as the reason she is now required to move. I quickly assured her that I was not the agent who contacted the seller, the seller had contacted me, but it wasn’t making her feel any better about having to move out. Fortunately, she has found a new rental and is moving in early July.
It’s not easy being a tenant in this market. You don’t have any say in the matter if you’re on a month-to-month lease. When the seller wants to sell, you have to move. And not only THAT, but you’re paying more in rent than a mortgage would cost. Not a good place to be. But some people don’t want to own a home, and some aren’t planning to stay in Sacramento very long, they all have their reasons why they want to rent.
This Riva on the River condo is a cute two bedroom, two bath, with a fireplace in the living room, granite counters in the kitchen and stainless appliances. I just sold the last two bedroom condo at about the same price, so it is a fair price of $279,900. You get indoor laundry, a patio and a two-car garage, plus the HOA dues are only $220 a month, with a pool! These condos were built in 2005.
Come to our open house on Saturday, July 1, from 1:00 to 3:00 PM, if it’s still available for sale by then. A Riva on the River condo doesn’t usually stay on the market very long. We also have private showings available on Monday, June 26. Call your West Sacramento Realtor or the listing agent, Elizabeth Weintraub, at 915.233.6759 for more information.
1380 Milano Dr, #5, West Sacramento, CA 95691, is offered exclusively by Elizabeth Weintraub at Lyon Real Estate at $279,900.
RISING PRICES AT RIVA ON THE RIVER CONDOS IN WEST SACRAMENTO
My lucky clients just closed the sale of a unit in Riva on the River condos in West Sacramento. They bought this condo at the height of the market, before the crash and avoided capital gains due to a small loss, yet it still sold at a record per-square-foot-price of $213. Prices are rising at Riva condos in West Sacramento. We can’t keep anything in inventory. Buyers are desperate to buy condos in that complex.
It’s a nice complex, too. With a swimming pool, well manicured grounds, guest parking, courtyards for each unit, I’ve sold a lot of condos in Riva over the years, and more so lately. The short sales are gone. Practically every owner has equity now, and the HOA limits the rentals to 25% of the units. There is a waiting list for rentals.
In fact, I had a seller asked me to check out another potential condo for sale in Riva a few days ago. A rental, and her tenant was very unhappy. The tenant said, “It’s all the Realtors’ fault. Realtors called my landlord and told her they had buyers. They pushed her to put this condo up for sale, and now I have to move. Don’t Realtors understand people want to live here and they don’t want to have to move? How can do they do this to me? If it weren’t for Realtors, this wouldn’t be happening.”
What? Hello? I don’t think anybody’s home. Well, it wasn’t me who called the seller. I’m just the West Sacramento Realtor who will be taking the listing. The average sales price over the past three months in the Riva condos is $268,000. Compared to the same period last year, the average prices were $238,000. That’s a $30,000 price jump.
My listing at 1260 Riva Dr #5, West Sacramento, CA 95691, just closed escrow on June 14, 2017 at $279,000. It is a 2 bedroom, 2 bath at 1307 square feet. The buyer paid cash. Local buyer, too, not a buyer from the Bay Area. The buyer purchased this home contingent on selling her home on Q Street, but since my buyer’s agent represented the buyers on the sale of her home, it was a no-brainer to take a contingent offer on condos in West Sacramento. We knew it would close. It’s all in who you know.
The buyer of Riva had asked the sellers to sign a Request for Repair, even after agreeing to buy the home in its AS IS condition. The buyer found a few plumbing leaks and other things. So? We served the buyer with a Notice to Perform to remove the inspection contingencies. The buyer’s agent asked, aren’t we responding to his Request for Repair? We did. We sent the Notice to Perform. Which allows us to cancel if they don’t move forward. We are not required to respond to the Request for Repair.
Buyers don’t always understand how these things work in this market. They saw the light and removed their contingencies, thank goodness, and we didn’t do any repairs.
This is a hot market, especially for condos in West Sacramento. I look forward to my next listing in Riva on the River. Probably next week.
New Listing: Designer Home in Bridgeway Island of West Sacramento
The only thing that brightens my day more than being able to present this gorgeous designer home in Bridgeway Island to you is knowing that there seems to be no end of dark clouds following Trump around as he continues to dig his own grave. Just once it would be nice to not read daily his name blowing up headlines, destroying yet other American institution, ripping up the earth, stomping on progressive values, groping women, kicking little guys when they’re down and insulting all human intelligence. So for just two minutes, let’s take a gander at a beautiful, serene, and peaceful home in Bridgeway Island where that kind of crap does not exist.
This is a zen-like four-bedroom home. You feel that energy the minute you walk up the low rising flagstone steps toward the stone entry. To the left is a Tamukeyama, a small deciduous Japanese maple whose spring greenery morphs into fiery red in the fall. I call this a designer home because the sellers invested time and expertise to choose just the right custom blend of colors, interior and exterior, that speak to the environment and nature. Much of the flooring is environmentally friendly cork, which is very soft on the feet.
It’s a fairly open floor plan. From the entry, a formal dining room is to the left, featuring a recessed ceiling and stunning chandelier, and to the right is a formal living room with cutouts to allow a view to the family room. If you’re like most people, you’ll enter the family room, take note of the fireplace and then make a beeline for the gorgeous back yard. You’ll come back later to visit the kitchen and bedrooms, but that back yard has your name all over it. You can’t wait.
So, don’t wait. Open the door and go outside. Go on, it’s OK. You can have dessert first. Step onto the stamped concrete. Walk over to the custom raised deck and built-in spa to admire the waterfall and pond. Breathe in the fragrance of yellow lilies. Touch the bottlebrush and feel its petals. Appreciate the non-invasive bamboo, gaze upon the Chinese Pistache tree, trident maple, bay laurel, river birch tree, pineapple guava tree and Meyer lemon tree. Sit under a shade tree and relax in the lounge chair. This could all be yours.
Come back into the house and what do you see? Extra cabinets built into the kitchen, including cabinets that house a new double oven. A dining bar in the kitchen, a walk-in pantry and a breakfast nook. What is that around the corner? A separate laundry room with hookups and more cabinets. Does the storage in this Bridgeway Island home ever stop? I guess not.
But wait until you see the master suite. Bellissimo! A rocambolesco experience. Yes, that’s hand-finished Venetian plaster on the walls, topped by polished wood crown molding. Feel the walls and the craftsmanship. The master enjoys its own private patio, too, and is situated toward the back of the home, away from the other 3 bedrooms. My team member Josh loves the master bath so much he might duplicate some of those design elements in his own home.
It’s everything you want. An oasis in the middle of ordinary homes in Bridgeway Island in West Sacramento. Close enough to get you downtown Sac in 10 minutes. Located at the end of new construction, it’s also near enough to encourage a quick weekend trip to visit Clarksburg wineries. Shopping centers and grocery stores are nearby.
Come to our open house on Sunday, May 21st, from 2:00 to 4:00 PM, hosted by the incredible Josh Amolsch from the Elizabeth Weintraub Team. 3380 Guadelupe Street, West Sacramento, CA 95691 is offered exclusively by Elizabeth Weintraub and Lyon Real Estate at $445K. Call 916.233.6759 for more information.
Before you go, take a peek into the 3-car garage. Yup, there’s a utility sink in the garage. Wish I had a utility sink in my home. Do yourself a favor and watch the virtual tour of this home in Bridgeway Island.
Luxury Condos in West Sacramento: New Listing from Elizabeth Weintraub
When you’re looking for luxury condos in West Sacramento, you owe it to yourself to check out Riva on the River. These condos were built at the height of the real estate market in 2005, just before the crash, so many of these units had been short sales during the early downturn of the market. But that dip in the Sacramento real estate market has rebounded pretty much by now, and condos in this complex are selling like hotcakes. Although, come to think of it, using that simile, I don’t know how well iHop is doing these days. Who cares. The association fee by itself at Riva on the River is reason enough to buy. It’s only $220 a month. That’s relatively affordable as compared to the fees for competitive homeowner associations. Why, a few of the larger luxury condos at the Sawyer Residences are rumored to be planning an HOA assessment of nearly $4,000 a month!
This new listing is like a gem, though, unlike probably any other of the luxury condos in West Sacramento. The reason is the sellers bought this condo for cash and have never lived in it year-round. It’s a vacation home. And it looks like nobody has ever lived there. Everything is spotless and so new and shiny and pretty. No chips in the sink or counters. Immaculate condition. It’s like it’s been preserved in a time warp.
The condo is situated with northern orientation. The seller say this positioning keeps it cool in the summer and they rarely run the AC. It also reportedly stays warm in the winter, enough that they usually do not turn on the heat. It is also a first-floor unit and is a single-level, which is in high demand in West Sacramento right now. It features 2 bedrooms and 2 baths. Off the entrance is a formal dining area and a chandelier. The family room features a fireplace, and the kitchen has granite counters, plus a dining bar in addition to space for a breakfast table. One of the other special attributes is the covered patio accessible from the master suite. I’ve seen some owners in the complex grow vines that provide more privacy on the patio.
You’ll also get a two-car garage with an extra storage room, maybe 6-feet by 8-feet for all that stuff that has to go somewhere, you just don’t know where to put it. Pets are allowed by the HOA, and there is a swimming pool and recreation facilities. Plus, the location of the unit is toward the back of the complex, close to the river levee, so traffic is at a minimum in that particular area.
Come check out this complex of luxury condos in West Sacramento at our open house scheduled for Sunday, May 7th, from 1:00 to 4:00 P.M. 1260 Riva Dr, #5, West Sacramento, CA 95691 is offered exclusively by Elizabeth Weintraub at Lyon Real Estate, at $275K. Call Elizabeth Weintraub at 916.233.6759. See the virtual tour here.
Just Listed: Fixer Home for Sale in West Sacramento
My new listing is a fixer home for sale in West Sacramento. I have not inspected this home since April of last year, so its condition is unknown, and we have tried to price it accordingly. The price should make up for any unexpected surprises. I’ve been told that when the previous occupants moved out, they broke a few things and squatters might have moved in. I even listed the occupant’s name as Squatters and the phone number as 9-1-1 in MLS, yet agents still email this Sacramento Realtor to ask if they can use conventional financing and ask when they can show it.
I realize we have little inventory in the greater Sacramento region and everybody is desperate for listings, but still, agents should read the listing, you would think. They would see that conventional financing is not listed as an option. Financing option is cash or submit, meaning maybe hard money would be OK.
The last time I saw this fixer home for sale in West Sacramento, it was in pretty good shape. Perhaps a little dry rot and deferred maintenance, but a family lived there. Most of the flooring is ceramic and laminate. The home features 4 bedrooms and 2 baths, but one of the bedrooms is a garage conversion, which doesn’t appear to be permitted.
We are looking for a fast sale and the first offer that can quickly close at list price or better will get this house. We’re not vying for multiple offers or trying to drive up the price. The seller is out of area and never lived at this property. Comparable sales average near $265,000. If you do write an offer, please use the Notice of Default contract form. If this went to trustee’s sale in June, it would sell for more than this list price. Your opportunity is NOW.
There are no keys available for this fixer home for sale in West Sacramento, and it is sold strictly AS IS. Inspect at your own risk. That is the reason for the low price. 821 Kegle Dr, West Sacramento, CA 95605 is listed exclusively by Elizabeth Weintraub and Lyon Real Estate at $209K. Call Elizabeth for more information at 916.233.6759.
Photos from April 2016.