Roseville, Rocklin, Lincoln, Loomis, Granite Bay - Placer County, California - Real Estate Blog - Souza Realty

Roseville, CA 95678 - Strada by John Laing Homes at Stanford (Market Activity as of 11/28/10)

Strada is a community of detached courtyard homes built by John Laing Homes near Highway 65 and Blue Oaks in Roseville, CA 95678. Although the homes are detached, they are classified as condominiums because they share a common driveway to the attached garages and front doors. The homes also are on zero lot lines, with one next-door neighbor's house as the side yard boundary.

The Strada community is governed by the Strada Owners Association and the HOA is managed by Vierra Moore, Inc. in Sacramento, CA. The HOA dues are $80 per month and include: the Strada neighborhood park with playground and BBQ area, common area landscape maintenance, shared driveway maintenance, reserves and management fees.

Here is a list of Strada homes for sale, active and contingent short sales, pending sales and closed sales as of November 28, 2010:

ACTIVE

1. 8367 Oliva Road, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1337 sq. ft. (11/6/2010) $189,950
2. 8415 Oliva Road, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1337 sq. ft. (10/22/2010) $194,900

ACTIVE SHORT

1. 8588 Cortina Circle, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1337 sq. ft. (10/30/2010) $188,000

CONTINGENT

1. 149 Vento Court, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1462 sq. ft. (7/24/2010)
   
2. 8789 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1271 sq. ft. (9/3/2010)
3. 8400 Roseto Road, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1337 sq. ft. (10/11/2010)
4. 8741 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1271 sq. ft. (10/27/2010)
5. 8797 Cortina Circle, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1271 sq. ft. (11/23/2010)

PENDING

1. 8432 Roseto Road, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1271 sq. ft. (9/10/2010)
   
2. 9069 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1271 sq. ft. (10/27/2010)
   
3. 8524 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1462 sq. ft. (10/29/2010)
4. 8508 Cortina Circle, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1271 sq. ft. (11/1/2010)
5. 9164 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1271 sq. ft. (11/8/2010)
6. 8390 Oliva Road, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1337 sq. ft. (11/18/2010)

SOLD

1. 109 Vento Court, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1462 sq. ft. (6/14/2010) $195,000
2. 8456 Roseto Road, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1462 sq. ft. (6/15/2010) $211,000
3. 8425 Roseto Road, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1337 sq. ft. (6/18/2010) $200,000
4. 9052 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1271 sq. ft. (6/28/2010) $200,000
5. 124 Vento Court, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1271 sq. ft. (7/21/2010) $188,000
6. 8612 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1464 sq. ft. (9/15/2010) $188,000
7. 8717 Cortina Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1464 sq. ft. (10/15/2010) $175,000
8. 8473 Roseto Road, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1337 sq. ft. (11/4/2010) $194,000
9. 8448 Roseto Road, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1337 sq. ft. (11/24/2010) $183,000

View Strada by John Laing Homes in a larger map

Roseville, CA 95678 - Villemont by Tim Lewis Communities at Highland Reserve (Market Activity as of 11/28/10)

Villemont is a gated community of detached courtyard homes built by Tim Lewis Communities near Highway 65 and Pleasant Grove in Roseville, CA 95678. Although the homes are detached, they are classified as condominiums because they share a common walkway to the front doors, as well as a shared driveway to the attached garages. The homes also are on zero lot lines, with one next-door neighbor's house as the side yard boundary.

The Villemont community is governed by the Villemont Owners Association and the HOA is managed by Vierra Moore, Inc. in Sacramento, CA. The HOA dues are $155 per month and include: two gated entrances, clubhouse with full kitchen, fitness center, pool, spa, BBQ, playground, common area landscape maintenance, street maintenance, reserves and management fees.

Here is a list of Villemont homes for sale, contingent short sales, pending sales and closed sales as of November 28, 2010:

ACTIVE

1. 93 Talmont Circle, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1233 sq. ft. (11/5/2010) $197,900
2. 34 Villa Gardens Court, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1362 sq. ft. (11/13/2010) $208,000
3. 104 Talmont Circle, Roseville, CA 95678 - 4 bedrooms, 2.5 baths, 1996 sq. ft. (9/16/2010) $282,285

CONTINGENT

1. 87 Chambord Way, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1233 sq. ft. (8/19/2010)
   
2. 5 Villa Gardens Court, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1376 sq. ft. (9/27/2010)

PENDING

1. 112 Talmont Circle, Roseville, CA 95678 - 3 bedrooms, 3 baths, 1526 sq. ft. (10/15/2010)
   
2. 81 Chambord Way, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1351 sq. ft. (10/25/2010)
   
3. 42 Villa Gardens Court, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1362 sq. ft. (11/8/2010)
4. 92 Talmont Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1376 sq. ft. (11/11/2010)

SOLD

1. 124 Talmont Circle, Roseville, CA 95678 - 3 bedrooms, 3 baths, 1526 sq. ft. (5/14/2010) $253,350
2. 3 Villa Gardens Court, Roseville, CA 95678 - 4 bedrooms, 3 baths, 1639 sq. ft. (5/17/2010) $235,000
3. 29 Villa Gardens Court, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1357 sq. ft. (5/21/2010) $185,000
4. 45 Villa Gardens Court, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1357 sq. ft. (6/24/2010) $210,500
5. 71 Chambord Way, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1233 sq. ft. (7/30/2010) $200,000
6. 140 Talmont Circle, Roseville, CA 95678 -2 bedrooms, 2.5 baths, 1142 sq. ft. (8/12/2010) $180,000
7. 144 Talmont Circle, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1142 sq. ft. (8/18/2010) $190,000
8. 241 Chambord Way, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1376 sq. ft. (8/23/2010) $249,900
9. 75 Chambord Way, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1639 sq. ft. (9/16/2010) $195,000
10. 114 Talmont Circle, Roseville, CA 95678 - 3 bedrooms, 2.5 baths, 1331 sq. ft. (9/24/2010) $230,085
11. 47 Villa Gardens Court, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1233 sq. ft. (10/6/2010) $195,000
12. 99 Talmont Circle, Roseville, CA 95678 - 2 bedrooms, 2.5 baths, 1233 sq. ft. (11/4/2010) $172,000

View Villemont by Tim Lewis Communities in a larger map

Home Sales in Strada, a John Laing Homes Community in Roseville, CA 95678

Strada is a John Laing Homes community of detached courtyard homes in Roseville, California near I-80 at Highway 65 near Blue Oaks Boulevard and Fairway Drive. Residents have exclusive use of Strada's neighborhood park, with a playground, walking path, covered picnic tables and a BBQ area. Don't feel like cooking? Johnny Garlic's and Chili's Grill and Bar Restaurant are just a short walk away!

STRADA HOME SALES:

1. 124 Vento Court, Roseville, CA 95678 (2+loft/2.5, 1271 sq. ft.) $188,000 - 7/21/10 *short sale*
   
2. 9052 Cortina Circle, Roseville, CA 95678 (2+loft/2.5, 1271 sq. ft.) $200,000 - 6/28/10
3. 8425 Roseto Road, Roseville, CA 95678 (2/2.5, 1337 sq. ft.) $200,000 - 6/18/10 *short sale*
   
4. 8456 Roseto Road, Roseville, CA 95678 (3/2.5, 1462 sq. ft.) $211,000 - 6/15/10 *short sale*
   
5. 109 Vento Court, Roseville, CA 95678 (3/2.5, 1462 sq. ft.) $195,000 - 6/14/10 *short sale*
   
6. 9156 Cortina Circle, Roseville, CA 95678 (2/2.5, 1337 sq. ft.) $200,000 - 5/7/10 *short sale*
   
7. 8417 Roseto Road, Roseville, CA 95678 (3/2.5, 1464 sq. ft.) $200,000 - 5/4/10 *short sale*
   

AVAILABLE HOMES IN STRADA:

1. 8508 Cortina Circle, Roseville, CA 95678 (2+loft/2.5, 1271 sq. ft.) $204,950
   
2. 8717 Cortina Circle, Roseville, CA 95678 (3/2.5, 1464 sq. ft.) $199,900 *bank owned*
3. 8789 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $159,000 *short sale* (unapproved)
   
4. 9012 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $165,000 *short sale* (unapproved)
   
5. 9164 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $174,500 *short sale* (unapproved)
6. 8415 Oliva Road, Roseville, CA 95678 (2/2.5, 1337 sq. ft.) $179,900 *short sale* (unapproved)
7. 8741 Cortina Circle, Roseville, CA 95678 (3/2.5, 1271 sq. ft.) $189,000 *short sale* (unapproved)
8. 8448 Roseto Road, Roseville, CA 95678 (3/2.5, 1337 sq. ft.) $190,000 *short sale*
9. 8524 Cortina Circle, Roseville, CA 95678 (3/2.5, 1462 sq. ft.) $192,000 *short sale* (unapproved)

What's the deal with with these "rock bottom" unapproved short sale prices?

Unapproved short sale listings are like a "bait-and-switch" because their list prices are nothing more than a random number that the listing agent/seller came up with...many times simply to delay foreclosure so they can either continue to live in the house payment-free or continue to collect rent from the tenant while they don't pay their mortgage.

They price the home significantly under market value to snag a buyer quickly and submit the short sale offer to the bank. This commences the short sale approval process, which typically takes 4-8 months or longer, depending upon the bank...however, this doesn't always stop a foreclosure from happening (see my blog post) nor does it mean the bank won't respond with a counter offer with a higher sales price.

As you can see by recent home sales, banks usually do not accept "rock bottom" pricing...they sell for market value. Also, homes that are bank owned or short sales typically sell for less money when they need work (the backyard may be overgrown with weeds, the carpet may need replacing, walls may need to be painted and the tile floors may be just plain ugly or small and outdated!) Location also has a lot do with desirability and price...homes that back up to busy streets may sell for less than homes in a quiet location.

Home Sales in Villemont, a Tim Lewis Community in Roseville, CA 95678

Villemont is a gated community of detached courtyard homes built by Tim Lewis Communities in Roseville, California near I-80 at Highway 65 and Pleasant Grove Boulevard between Highland Pointe Drive and East Roseville Parkway. Residents have exclusive use of Villemont's clubhouse, fitness center, swimming pool, spa, BBQ and playground.

VILLEMONT HOME SALES:

1. 144 Talmont Circle, Roseville, CA 95678 (2/2.5, 1142 sq. ft.) $190,000 - 8/18/10
2. 140 Talmont Circle, Roseville, CA 95678 (2/2.5, 1142 sq. ft.) $180,000 - 8/12/10 *short sale*
   
3. 71 Chambord Way, Roseville, CA 95678 (2/2.5, 1233 sq. ft.) $200,000 - 7/30/10
4. 45 Villa Gardens Court, Roseville, CA 95678 (3/2.5, 1357 sq. ft.) $210,500 - 6/24/10
5. 29 Villa Gardens Court, Roseville, CA 95678 (2/2.5, 1357 sq. ft.) $185,000 - 5/21/10 *short sale*
   
6. 3 Villa Gardens Court, Roseville, CA 95678 (4/3, 1639 sq. ft.) $235,000 - 5/17/10
7. 124 Talmont Circle, Roseville, CA 95678 (3/3, 1826 sq. ft.) $253,350 - 5/14/10

AVAILABLE HOMES IN VILLEMONT:

1. 47 Villa Gardens Court, Roseville, CA 95678 (2/2.5, 1233 sq. ft.) $199,950 *NEW LISTING*
   
2. 5 Villa Gardens Court, Roseville, CA 95678 (3/2.5, 1376 sq. ft.) $185,000 *short sale* (unapproved)
   
3. 92 Talmont Circle, Roseville, CA 95678 (3/2.5, 1376 sq. ft.) $195,000 *short sale* (unapproved)
   

Note: An unapproved short sale basically means that the home has been listed at a price less than what is owed and the bank or lender has not approved the listed price. The approval process may take months and the bank may require a higher sales price or even foreclose on the home after a buyer has submitted an offer.

This is exactly what just happened with 42 Villa Gardens Court, Roseville, CA 95678 - the bank foreclosed on the home on 7/29/10, the day before the listing agent sent an offer to the bank's short sale department. This home had remained on the market as "active short contingent" (meaning an offer has been submitted on a short sale, but it has not been approved) for 26 days AFTER it had foreclosed, when I wrote a blog post about it and notified the listing agent.