Desert Ridge Sold Condos
With Memorial Day coming up, those of us living in Desert Ridge have the National Memorial Cemetery close by to visit. Stop by and say thanks to the folks buried there who gave years of their lives or made the ultimate scrifice so that we can go about our lives in freedom unparalleled in human history.
The investor flip of the Arrezo model, unit 1184 in building 14 in the Villages just sold for $197,700 cash. 1490 sq ft with 3 floors, 2 bedrooms, 2.5 baths and a 2 car garage. Built in 2007 by Toll Brothers, the Villages is still in the process of building - 7 more buildings to go before the project is complete. 28 buildings will eventually be built with 14 units per building for a total of 392 units. Floorplan Villages map
Down at the bottom of 40th Street is La Verne condominiums. Unit 2065 is an investor flip and just sold for $175K cash. 1469 sq ft with 3 levels. 2 bedrooms, 2 baths and a 1 car garage.
Bird view
Back on the market as a normal sale is the Blanca model at 22120 North 36th Way. Priced at $630K or $175 for each of the 3590 sq ft. One of the first homes in Aviano to go to the trustee sale after the initial buyer, a very nice guy who was trying to flip it after buying new from Toll, could not get it sold. Timing is everything and 2007 is when the wave of bad mojo hit Aviano home values. So investors bought it at a much reduced price in December of '07 at the trustee sale and sold it quickly for a slim profit. The home was on the market for 118 days in 2010 and the current owner has put a ton of money into it - really nice finishes. The home was priced from $699K to $675K in 2010 before the listing was cancelled. It has the bonus room over the garage and a full bathroom on the first floor, so 3590 sq ft. Floorplan Bird view
The Contemporary elevation Solaria model at 3818 East Crest Lane is new to the market as a lease. Priced at $3550 per month furnished, it has 3000 sq ft, 3 bedrooms, 3.5 baths, pool and 2 car garage. On a cul de sac, right across the wash from the community center. In the last 6 months there have been 18 single family home rentals in Aviano ranging from $2400 to $3700 a month with a sold price of .86 per sq ft on average. Floorplan Bird view
The next Aviano real estate meeting is 6.1.11 at the community center at 6:30 PM. Free, casual and lasts an hour. Bring your laptop and we will mine that monster database called MLS to see what happened in the last month or so for wherever you would like to look. See you there.
Rumor has it the new school in Fireside will start construction in June. Just a rumor but they better get crackin if they want to open for the 2012-13 school year.
And from DSNews.com: Post-Foreclosure: "Study finds Mortgage-only Defaulters pose less Risk". There are huge numbers of folks out there that are like this and many more to come. I do think in time that it will reshape the whole credit score scene. When we list property for lease there are many, many applicants that have 17 credit accounts and all are paid as agreed except for the mortgage on that last house they walked away from or short sold.
Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,foreclosure,fireside at desert ridge,Toll Brothers,pulte del web,bella monte. Information and pictures supplied by MLS and deemed reliable but not guaranteed. Proud to wake up, live and work in the great State of Arizona.
The investor flip of the Arrezo model, unit 1184 in building 14 in the Villages just sold for $197,700 cash. 1490 sq ft with 3 floors, 2 bedrooms, 2.5 baths and a 2 car garage. Built in 2007 by Toll Brothers, the Villages is still in the process of building - 7 more buildings to go before the project is complete. 28 buildings will eventually be built with 14 units per building for a total of 392 units. Floorplan Villages mapDown at the bottom of 40th Street is La Verne condominiums. Unit 2065 is an investor flip and just sold for $175K cash. 1469 sq ft with 3 levels. 2 bedrooms, 2 baths and a 1 car garage.
Bird view
Back on the market as a normal sale is the Blanca model at 22120 North 36th Way. Priced at $630K or $175 for each of the 3590 sq ft. One of the first homes in Aviano to go to the trustee sale after the initial buyer, a very nice guy who was trying to flip it after buying new from Toll, could not get it sold. Timing is everything and 2007 is when the wave of bad mojo hit Aviano home values. So investors bought it at a much reduced price in December of '07 at the trustee sale and sold it quickly for a slim profit. The home was on the market for 118 days in 2010 and the current owner has put a ton of money into it - really nice finishes. The home was priced from $699K to $675K in 2010 before the listing was cancelled. It has the bonus room over the garage and a full bathroom on the first floor, so 3590 sq ft. Floorplan Bird view
The Contemporary elevation Solaria model at 3818 East Crest Lane is new to the market as a lease. Priced at $3550 per month furnished, it has 3000 sq ft, 3 bedrooms, 3.5 baths, pool and 2 car garage. On a cul de sac, right across the wash from the community center. In the last 6 months there have been 18 single family home rentals in Aviano ranging from $2400 to $3700 a month with a sold price of .86 per sq ft on average. Floorplan Bird view
The next Aviano real estate meeting is 6.1.11 at the community center at 6:30 PM. Free, casual and lasts an hour. Bring your laptop and we will mine that monster database called MLS to see what happened in the last month or so for wherever you would like to look. See you there.
Rumor has it the new school in Fireside will start construction in June. Just a rumor but they better get crackin if they want to open for the 2012-13 school year.
And from DSNews.com: Post-Foreclosure: "Study finds Mortgage-only Defaulters pose less Risk". There are huge numbers of folks out there that are like this and many more to come. I do think in time that it will reshape the whole credit score scene. When we list property for lease there are many, many applicants that have 17 credit accounts and all are paid as agreed except for the mortgage on that last house they walked away from or short sold.
Tags:aviano,desert ridge,phoenix,real estate,villages at aviano,fireside,Arizona,short sale,foreclosure,fireside at desert ridge,Toll Brothers,pulte del web,bella monte. Information and pictures supplied by MLS and deemed reliable but not guaranteed. Proud to wake up, live and work in the great State of Arizona.
