The Village of Northpoint condominium community offers residents a tucked away feel in the heart of Orcutt. Located just off Foster Road and within walking distance of both Righetti and St. Joseph’s High Schools, this development boasts a pool, clubhouse and tennis courts. Mature trees line the blacktopped streets dotted by clusters of townhomes with blue tinted tile roofs. There are 3 and 4 bedroom plans, each with the bedrooms upstairs and the main living space and half bath downstairs. Units have a patio, and a balcony off the master suite. Monthly association dues range from about $220 – $250 per month.
Looking at sales in the 3 month span from November 2008 – January 2009, there have been 4 sales in Northpoint, with an average selling price just under $200,000. All of the units were bank owned. Interestingly, all these sales took place in January. The highest re-sale was a 3 bedroom unit on Shady Lane which sold for $209,000. The only 4 bedroom unit sold was on Northpoint and went for $205,900. The least expensive unit sold was on Parkview and sold for $185,000.
If you would like information or a list of available Orcutt condos, foreclosures, or short sales send an email to me at tni@mintprop.com. You can also search for properties on my websites: www.iLoveSantaMaria.com, www.SantaMariaRealEstateSearch.com, & www.BuySantaMariaForeclosures.com (map based search). If you have questions about a specific property, or would like to set up an appointment to consult about a possible short sale of your property, I can be reached at (805) 878-9879.
*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.
The Santa Maria and Lompoc real estate markets are currently dominated by foreclosure listings. Of the 663 active listings for homes/condos in the Santa Maria - Orcutt area, approximately 25% (165) are bank owned properties (REOs), and about 50% (339) were short sales. Similarly in the Lompoc - Vandenberg Village active market for homes and condos, there are 198 total listings, and 20% (39) were REOs and 40% (81) were short sales. This means that 75% of the active market in Santa Maria and 60% of the active market in Lompoc and its surrounding areas could be classified as either a foreclosure or a pre-foreclosure. Certain trends or practices are becoming fairly routine in this market.