Private Park at EdgewoodThe Edgewood Homes in Orcutt are a delightful collection of one and two story homes just west of Bradley Road and north of Union Valley Parkway, adjacent to the Oak Knoll neighborhood and St. Joseph High School. These homes are located in the Orcutt school district and are a 20 minute drive to Vandenberg AFB. They were built in the mid to late 1980’s and range in size from 1300 sq. ft. to 1800 sq. ft. The development includes a private park that is gated and for the use of residents only. Homeowners association dues are approximately $100 per quarter and ensure that the park and common areas are maintained. In the past six months, 4 homes were reported sold in the Edgewood development. Selling prices ranged from $275,000 to $305,000. The two most recent sales occured within the last week. On November 13th, a two story 1579 sq. ft. home on Bridgeport Rd. sold for $305,000. And on, November 10th, a 1300 sq. ft., short sale listing on Breezy Glen Drive closed for $275,000.
If you would like a list of homes available in the Edgewood development, or in Orcutt generally, send an email to me at tni@mintprop.com, give me a call at (805) 878-9879, or feel free to search for homes on my website: www.iLoveOrcutt.com.
*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. Prospective home buyers should always check with the local school boards for updates to school boundaries.
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.
Today's information is encouraging. As reported in the MLS, currently in the Santa Maria and Orcutt areas, there are 720 homes on the market, 127 homes that are pending or contingent, and in the past thirty days, 73 homes sold. So, the market is still moving at a steady clip. Inventory had fallen below 700 homes at one time, so it has edged up, I believe in anticipation of the upcoming spring buying season.
Driftwood Gardens is a small community of homes in southeast Santa Maria near George Washington Battles Elementary School. The street names have an aviary theme: Raven Court, Swallow Street, Lark Drive and Bluebird Street. They consist of two story 2, 3, and 4 bedroom plans ranging in size between approximately 1400 - 2200 square feet. The floor plans are open and inviting often featuring an upstairs loft; some floor plans even offer two master bedroom suites.
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.
