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Ocotillo Collection Analysis

Since there are multiple offers on the bank owned Borrego at 3638 E. Sands Drive which is priced at $404, lets look at the 7 homes for sale that are part of the Ocotillo Collection and are priced in that same strata. Obviously, only one of those multiple buyers is going to get the home so for those that will not, please pay attention:

$375K or $114 a sq ft for the short sale Cassero at 22424 North 37th Run.
$399K or $119 a sq ft for the short sale Brezza at 3984 East Hummingbird Lane.
$600K or $174 a sq ft for the short sale Strada at 22608 North 39th Run.

These are the 3 short sales. List price on short sales may be what the final agreement notice comes in at or it may be just a teaser price meant to get an offer in to the bank before it is sent to the trustee sale. Bottom line is that the end sale price of a short sale may be nowhere near the list price. Combine that hassle with the inherent waiting game of a short sale and hoping the trustee sale date, if there is one, gets pushed back. These are a pain in the ass for buyers.

Lets look at the 4 normal sales:  

$399,950 or $131 a sq ft for the San Benito at 3975 East Crest Lane.
$405K or $120 a sq ft for the Brezza model at 3976 East Hummingbird Lane.
$415K or $124 a sq ft for the Strada at 22611 North 39th Terrace.
$423K or $126 a sq ft for the Brezza at 3957 East Sandpiper Lane.

The San Benito on Crest backs to Rough Rider so there will be road noise.
The Strada on 39th Terrace has been on the market 96 days.
The 2 Brezza models have been on the market 18 days. Right now these may be the 2 best options for folks looking in this price range and who like this Collection of homes.

Anytime one of the model homes comes on the market it is special. Toll went all out on the model homes. Lot #1, 3911 East Williams Drive is a Serrantina model - part of the Cassia Collection and is a short sale priced at $499,900. Upgraded out the wazzoo, this home has 2631 sq ft, 3 bedrooms, 3.5 baths, pool, and 2 car garage. Serrantina models have a cassita that you enter via a sliding patio door from the entry courtyard. Located in the cul de sac at the west end of Williams and right next to the community center.  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.

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