Townhome in Gated Arborwalk Community in Santa Maria CAThe Arborwalk and Autumn Glen townhome communities are newer homes built between 2003 – 2006 and offer an ideal location in south Santa Maria. Both communities are close to shopping, restaurants and other amenities. Arborwalk is a gated community at the intersection of Miller & McCoy, and Autumn Glen is located across from the Crossroads Shopping Center at the intersection of Crossroad Lane & Bradley Rd. The Autumn Glen community is smaller in size than Arborwalk and offers townhome floorplans from 1500 – 1800 sq. ft. in size. The Arborwalk community offers larger model townhomes with floorplans that range from 1600 sq. ft. up to about 2400 sq. ft. in size. Both offer sideyards or patios and HOA fees that are under $100 per month. Arborwalk recently reduced monthly dues to $88 per month.
In the past 6 months, seven homes were reported sold in the Arborwalk development, with sold prices which ranged from $245,000 – $277,000. The median price was $260,000 and the average price per square foot was about $126. Of the seven sales, one was a short sale, one was a regular sale, and five were foreclosures (REOs). Current asking prices for active/pending listings in Arborwalk range from $249,000 to $278,900. In the last 6 months, 7 homes have sold in the Autumn Glen development with sold prices which range from $230,000 to $263,000. The average selling price in Autumn Glen was about $244,000 and the average price per square foot was $142. Of the seven that sold, only one was a regular sale, two were foreclosures (REOs), and four were short sales.
If you are interested in a townhome in one of these developments, click here to search for homes in Arborwalkand click here to search for homes in Autumn Glen. If you are ready to buy in one of these developments, give me a call at (805) 878-9879 and I will set up a tour. I also have a new listing coming up in Arborwalk this week, check back here for details.
*Based on the information from the Central Coast Regional MLS. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.
In July 2006, Mint Properties opened an office in the Mission Creek Plaza on Santa Maria Way. Tni’s stated aim is to offer the highest quality representation and professional service to her clients. Independence affords her the ability to avoid a volume driven approach; the result is prompt, reliable, individualized service coupled with straightforward advice. Indeed, she brings the same level of professionalism to real estate as she did to the law.
Cash buyers are getting the best deals in this competitive market. I've found that the best deals tend to be bank owned homes vs. short sales, and cash does help in the ban owned bidding process. Banks tend to be more conservative about selling prices for short sales where they still have the borrower on the hook. So, I find that short sales tend to close right at current selling prices or slightly higher. Whereas, the goal with REOs is to move that asset off of the books quickly. So, you will see bigger price discounts on bank owned properties.
River Oaks is a community of newer homes for sale in northeast Santa Maria. The neighborhood offers a secluded feeling and borders the Santa Maria Riverbed ad walking trails. At the center of the neighborhood is Ida Redmond Taylor Elementary, and directly behind is a community park which includes a lake, playground, and picnic area. These homes were constructed between about 1999 – 2003.
