Village of Northpoint CondosThe 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.
Entrance to Village of NorthpointLooking 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.
Clubhouse & Pool at NorthpointIf 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.
Built in 2004 and 2005, Arborwalk is located at the intersection of Miller & McCoy in the heart of "New" Santa Maria. This gated development is close to shopping, banks, and restaurants and it offers a fitness trail, greenbelt basin, and rose gardens throughout. Once you drive home you truly don't need your car; you can get out and walk to everything; units in this development earn high "walkability" scores. These detached town homes are excellent for buyers who don't want the obligations of yard work but still need a little outdoor space for their pet and/or a BBQ grill. Also, these homes are fantastic for investors who plan to market a rental to nearby Vandenberg Air Force Base. Arborwalk is tremendously attractive to potential renters as it sits adjacent to grocery stores, coffee shops, and restaurants.
In a short sale, the seller asks the bank to allow a sale even though they owe more on the mortgage than the property is worth. Accordingly, the seller is not permitted to take any proceeds from a short sale. In a "normal" sale, sellers have a vested interest in getting the highest price for their home. A higher offer means a bigger net for the seller.