Somerset Gardens Santa Maria Luxury Town Homes – 2011 Real Estate Market UpdateSomerset Gardens
Somerset Gardensis a small enclave of luxury town homes in Santa Maria, California. The development is located in the southwest of Santa Maria near Country Club Estates and Foxenwood Country Club Estates. For those who want to travel to Vandenberg Air Force Base, Somerset Gardens is about a 20 minute drive to the main gate. The Somerset Gardens community was built from about 2003 through 2005 and is comprised of townhomes which range in size from 1600 – 2100 sq.ft. There are 3 floor plans — 2 two story plans and a one story end unit floor plan. Somerset Gardens in Santa Maria offers a community clubhouse and pool, as well as a small putting green. For those who like to et out and about, Somerset Gardens offers a prime location within walking distance of grocery stores, new restaurants, and department store shopping.
Recent Somerset Gardens Town Home Sales:
Address
Date
Size
Detail
Sale Type
Sold Price
2327 Westbury Wy
4/22/11
2149 sq.ft.
3bed/2.5bath
Resale
$255,000
2314 Westbury Wy
4/21/11
2149 sq.ft.
3bed/2.5bath
Resale
$270,000
2336 Timsbury Wy
3/11/11
1987 sq.ft.
3bed/2.5bath
Foreclosure
$276,000
Putting Green at Somerset Gardens
If you are considering selling your Somerset Gardens town home and you would like a comparative market analysis, feel free to contact my office at (805) 938-9950 and set up an appointment. I specialize in short sales and distress sales. If you are interested in buying a home in Somerset Gardens, I will be happy to assist you and provide a list of available townhomes in this development and the surrounding area.
Tni LeBlancis an independent Real Estate Broker, Attorney, Short Sale Agent, Certified HAFA Specialist (CHS), and Certified Distressed Property Expert (CDPE) serving the Santa Maria, Orcutt and Five Cities area of the Central Coast of California.
* Based on the information from the Central Coast Regional MLS. The Association, the Multiple Listing Service, nor 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 real estate market. School district boundaries are subject to change and must be verified with the appropriate authority. Nothing in this article is intended to solicit listings currently under contract with another broker. This article offers no legal or tax advice and is for information purposes only. Those considering a short sale are advised to consult with their own attorney for legal advice, and their tax professional for tax advice prior to entering into a short sale listing agreement. Mint Properties is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan.
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.
Wondering what the cheap foreclosure homes sell for in Santa Maria? Last month, the average foreclosure property in Santa Maria sold for $210,630, and for over its list price by nearly 2%. But, how much for the cheap ones you ask? There wer 30 homes that sold, and the cheapest was a 2 bedroom one bath fixer on West Mill which sold for $90,350. After that the cheapest foreclosure sold in Santa Maria was 3 bedroom one bath home on East Las Flores (near Hancock College) which sold for $109,900.*
What is an approved short sale? Let's start with what a short sale is -- a short sale is where the owner owes more on their loan than their home is worth but they still must sell the home. So, the home is placed on the market and offers are accepted -- subject to lender approval. Lender approval can take months to obtain. An approved short sale is a short sale where the seller has already received approval from the bank. So, usually they list the property at a price that the bank has already indicated that they will accept, and they typically indicate how much closing costs credit and any repair credits the bank will allow.
