Arborwalk Gated Townhomes in Santa Maria CA – 1st Quarter 2012 Real Estate Update
Located in southeast Santa Maria, Arborwalk is a gated community of townhomes at the intersection of McCoy and Miller. This development is close to shopping, banks, and restaurants with rose gardens throughout. Shopping at Albertson’s and Food Maxx, dining at Yanagi Sushi & Grill and Natural Café, shopping at Kohls, Target and Pier One are all within walking distance of the Arborwalk development. These town homes are an affordable alternative for first time home buyers that still offer enough outdoor space for a pet and a BBQ grill. Arborwalk is a 20 minute trip to the main gate of Vandenberg AFB.
Address
Date
Size
Detail
Sale Type
Sold Price
336 Alcazar Dr
1/19/12
1955 sq. ft.
4 bed / 3 bath
Short Sale
$197,000
2339 Cordoban
3/30/12
1683 sq. ft.
3 bed / 3 bath
Foreclosure
$207,000
If you are considering selling your Arborwalk 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 Arborwalk Town Home I will be happy to assist you and provide a list of available homes in this development and the surrounding Santa Maria-Orcutt area.
Tni LeBlanc is 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. Information deemed reliable but not verified or guranteed by broker. 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.
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.
There are 295 active and pending homes and condos in the Orcutt zip code of 93455. Of those 295 properties, 41 homes are foreclosures (13.8%) and 113 are short sales (38.3%). So currently, over 50% of the Orcutt market is either a bank owned property or a short sale. Average asking price overall was $337,392, asking prices for foreclosures was significantly lower at $256,678, and for short sales it was $269,678.
Everyone in the Santa Maria and Lompoc housing marlet is talking about short sales these days. They love them, they hate them, they love to hate them, they. . . well you get the picture. There are a lot of opinions on them. One thing is for sure, if you are a short sale seller you should work with an experienced agent and obtain legal and tax advice before entering into a short sale arrangement. Short sales have significant financial, legal, tax, and credit consequences.