New and Resale Homes Closed in Desert Ridge
The builder spec Saguaro model in Fireside at 3974 East Zachary Drive just sold for $513,650 or $134 for each of the 3826 sq ft. 4 bedrooms, 3.5 baths and a 3 car split garage that sides to a greenbelt with a north facing backyard and south facing front. Part of the Monument Series of homes, this model has the master bedroom on the first floor. The second floor has 2 kids bedrooms that share a hall bath and then a 4th, larger bedrooms with its own full bath and walk-in closet. Floorplan Bird view
The normal sale Strada model at 3773 East Donald Drive had a contract fallthrough and is now back on the market. Priced at $540K, this home has a larger lot and a well done backyard. 3339 sq ft with 4 bedrooms, 3.5 baths, pool and 3 car garage. Bird view
The short sale Velez model at 3995 East Crest Lane just closed in an all cash deal for $400K or $105 for each of the 3795 sq ft. Original asking price was $437K on 1.28.11, was under contract 3.4.11 and closed 5.18.11 which is great time for a short sale. 4 bedrooms, 3.5 baths, pool and 3 car garage with a spanish colonial elevation. This is a poster child for the pricing roller coaster since the beginning of Aviano; sold new by Toll 8.31.04 for $449K, sold on 2.25.08 for $650 (both 8.31.04 and 2.25.08 were no money down and 2 loans) and sold 5.18.11 for $400K cash.
If we were all able to see into the future, we should have bought 5 Aviano homes in '04-'05, sold them a year later for a net of $200K minimum on each, stuck that money in a minicipal bond fund and currently be enjoying the modest monthly or quarterly income thrown off of those investments without touching the principle. But that run up will likely not happen again in our lifetimes. Congratulations to our new neighbors!
Floorplan Bird view
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.
