Desert Ridge Golf Course Home

I have a great home for sale in Desert Ridge.  This home is located on the J.W. Marriott Wildfire Golf Course.  There are extraordinatry golf course and mountain views from the backyard.  Backyard is its own paradise with a pebbletec pool with waterfall, built-in BBQ and covered patio.

Originally listed at $449,000, I just reduced this to $444,000.  This is not a short sale or bank owned property.  There is nothing distressed about this property.  You can click here to view more photos!

Home is 2,074 square feet with a 3 car garage.  The home has upgraded cherry cabinets and newer stainless steel appliances, including a gas cooktop.  Home has 3 bedrooms.  One bedroom has a double door entry which makes it a great den or bedroom. 

There is a family room and breakfast nook off of kitchen plus a breakfast bar.  Great area for entertaining with a door off to covered patio.  The family room also has a gas fireplace. This floorplan also features a formal living and dining space.  Current homeowner used that space for a pool table and bar area.   There are large windows from this room that capture the mountain and golf course views.

Teh master bedroom also has sensation views of the golf course and the master bath has a separate tub and shower, double sinks and large walk-in closet. 

The house has custom paint throughout and upgraded 18″ tile with granite inlays everywhere except the bedrooms.  There are several other nice features like built-in garage cabinets, water softener, security system and beautiful landscaping.

Homes this size are hard to find on the golf course.  If you don’t want a huge  house but want the luxury of living on the golf course, this is it!

If you would like to view this property just give me a call at 480-201-4185 or send me an email at kanderson2121@gmail.com.

As of today, there are 22 active listings in the MLS that are listed at $250,000 or less.  There is a mix of condos and single family homes.  The boundaries I have included for Desert Ridge are 56th street to the East, Pinnacle Peak Rd to the North, Black Mountain Pkwy to the West and the 101 to the South.  I included La Verne Condos in the search as many consider it Desert Ridge – it is located off of 40th Street, just South of Fireside at Desert Ridge.

The least expensive home you can buy right now is $160,000.  It is a Trend Home in Fiesta at Desert Ridge.  Trend built these homes in 1998-1999 and they are single family homes with rather small backyards.  However, they are true single family homes with 2 car garages and this home is 1,269 square feet.  With an FHA loan, a person can put 3.5% down ($5,600) and have a payment around $842.00 (assuming average interest rate of 5.1% today and not including taxes and insurance).  This home home sold for $326,531 three years ago.  This list price is a short sale though, so the bank would still have to approve the short pay.  However, based on recent sold comps, $160,000 should get approved.

Don’t want to mess with a short sale? Then the least expensive home is $198,900. It is a lender owned property and it has been on the market over a month so it is due for a price reduction – great property to make an offer on.  The home is 1449 square feet and not overly upgraded, but could be a great home.  With all the short sales in the area, the bank will be motivated to sell.  The home is a FNMA owned home and therefore qualifies for Homepath Mortgage Financing for 3% down payment.

Lowest price per square foot home that is active is $119.00 per square foot.  That is again a Trend Home that is 1,505 square feet listed at $180,00.  Again, this is a short sale.

Probably the best deal out of all of the homes is an Arrezo Model in The Villages at Aviano at $219,000.  This is a short sale, but the price is approved by the bank already.  This model is 1,388 square feet and has granite slab counters, upgraded tile, upgraded cabinetry and many other fine appointments that are found in these Toll Brother condos.  The community has gorgeous community pools, clubhouse &  fitness center, tennis courts and many walking and bike paths.  Toll Brothers is still building there and they do not have anything under $300,000 and that is with no upgrades.

In total, of the 22 listings, 5 listings are actual sellers – not bank owned or a short sale.  10 properties are short sales and the remaining 7 are lender owned.

If you would like more information on any of these, drop me a line or give me a call at 480.201.4185 and I can email you the list.

Luxury Condos in Desert Ridge

Within the last 30 days Toll Brothers has started construction again on another building in The Villages at Aviano.  The Villages at Aviano are luxury condos in the heart of Desert Ridge.

These luxury condos have their own private pool and BBQ area, but also get to take advantage of all the amenities of Aviano at Desert Ridge, including the large clubhouse with fitness center, meeting rooms and gathering areas.  There are also numerous parks, walking paths, tennis courts, basketball courts and a huge family pool, lap pool & jacuzzi.

Toll brothers had halted contruction on new buildings for a while in an attempt to sell their existing inventory. While they did not sell all of it, they made the decision to move forward with construction.  Currently they have 6 of the 14 units sold in the new building.  The units are currently at frame stage.

Tremendous deals can be found in the resale market and the inventory homes that Toll Brothers still has.  Today, there are 19 active listings ranging from $230,000 – $525,000.  There are a handful of bank owned and short sale properties for sale as well – presenting a tremendous opportunity to grab one of these condos below market.

As a market specialist for Villages at Aviano I can tell you that it takes some market knowledge to properly sell these units.  When scouring through the active listings today I found numerous errors in the data.  Tax record square footage rarely matches the actual marketed square footage by the builder.  Most listing agents don’t put the model in the listing which makes it difficult to compare sales – you have to know the building layouts.  There are 9 floorplans total, so it takes some time to learn them all.

I have to admit I am biased about the Villages at Aviano.  I personally live here and love it.  The “lock and go” units fit my lifestyle.  With all the amenties at my fingertips, I feel like I live in a resort every day.

If you would like more information about new construction incentives and/or resale available, call me at 480-201-4185. I can help provide market data that will show you the best opportunities to own in this amazing condo community in Desert Ridge!

We are conducting a round robin of open bidding on this home on Sunday, November 23rd. The property will be open for viewing on November 22nd and 23rd from 12-5pm.

Opening bid is $410,000 and you can read more about the open bidding rules at BidOnThisPad.com.

This home is an Elliot home that was built in 1996. This home is 2,074 square feet, 3 bedrooms, 2 baths & 3 car garage. The home sits on the #2 hole of the Faldo course at Wildfire Golf Club. The golf course views and McDowell Mountain views are spectacular.

Home has a low maintenance backyard with a pebbletec pool and waterfall. Entertain on the covered patio with built-in BBQ and fridge.

Inside the home has been upgraded with new 18″ tile with granite inlays & custom paint throughout. The kitchen has upgraded cherry cabinets, tile backsplash & newer stainless steel appliances, including a gas cooktop.

Hard to find 3 car garage at this size and it is loaded with garage cabinets for extra storage.  You can go to my Featured Properties to view more about the property or go to BidOnThisPad.com.

If you can’t make the open house this weekend, please call me at 480-201-4185 to schedule a private showing.

~Kim

Ready To Sell You Your Slice Of The Arizona Sunshine!

In the midst of bank bailouts, a real estate down turn and a fledgling economy, it is tough to get buyers to sign on the dotted line.  When people ask me if I think we have reached “bottom” I always respond by saying that it depends on several factors.  If they want to know if we have hit bottom as far as real estate prices, I also say that some homes are priced at what I would consider a bottom.  How do I know that?  They are evidenced by mulitple offers after 1-3 days on market.  Usually these are bank owned properties and obviously are in varying condition. These are usually under $150k.

In a an are like Desert Ridge, it can be tough to determine.  The home prices are higher, especially in Aviano where they can exceed 1.5 million.  There is still a lot of inventory relative to monthly closings.   Today there are 52 active listings in Aviano.  Something will have to give to move that many properties considering only 2 properties closed in September.   Prices have already experienced a major price correction in Aviano, so we are close.  That being said, is it imperative to buy at the absolute bottom?

What is most important?  Buying a distressed property may elicit the best price, but may need work.  Without having a strong understanding what repairs and/or upgrades are going to cost, a good deal may not be that good of deal when it is all said and done.  When I show or preview properties I always pay close attention to what the previous owner has already done.  Is the landscaping complete? Are there window coverings?  What kind of upgrades were done?  Are there necessary repairs?  Is it a premium lot?

Each month I will recap the monthly Desert Ridge & Cave Creek statistics, but beyond that I want to really breakdown the stats.  I want to highlight what I consider to be the best deals and why.  I want to help sellers be ahead of the curve so we can list home prices appropriate and sell them quickly.  I want to help educate buyers on what is a good deal for THEM!  By the way, with interest rates as good as they are now, a buyer doesn’t have to worry about hitting the absolute bottom.  If they are going to live in the home for more than 5 years, the rate intself will be as important as the sales price.  If you wait to see if prices are going to drop a lot more and rates go up, you will wind up paying more for the home.

In addition to the market analysis I will highlight homes that are offering creative financing.  For many this will be the definition of a good deal.  Stay tuned!  I will be providing you with NEWS YOU CAN USE!

~Kim

Ready to sell you your slice of the Arizona sunshine!