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

SALE PENDING - Gorgeous 2 Bedroom + Loft Detached Courtyard Home (8508 Cortina Circle, Roseville, CA 95678)

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

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Roseville, CA: Beautiful 2 Bedroom + Loft Detached Courtyard Home (SALE PENDING)

12.8% Cap Rate Investment Property - 8508 Cortina Circle, Roseville, CA 95678 (MLS #10058757 and #40494238)

$190,000.00 - purchase price

$38,000.00 - 20% downpayment (non-owner occupied, 720 FICO)

$152,000.00 - loan amount

$1,650.00 - market rent

($851.16) - principal & interest (30-yr fixed fully amortized @ 5.375%)

($242.87) - property taxes

($70.00) - insurance

($80.00) - HOA

($0.00) - free property management for the 1st year (offered by Souza Realty)

($1,244.03) - monthly expenses

$405.97 - monthly cash flow

$4,871.64 - annual cash flow

12.8% cap rate

10.6% Cap Rate Investment Property - 8508 Cortina Circle, Roseville, CA 95678 (MLS #10058757 and #40478916)

$200,000.00 - purchase price

$40,000.00 - 20% downpayment (non-owner occupied, 720 FICO)

$160,000.00 - loan amount

$1,650.00 - market rent

($895.95) - principal & interest (30-yr fixed fully amortized @ 5.375%)

($251.21) - property taxes

($70.00) - insurance

($80.00) - HOA

($0.00) - free property management for the 1st year (offered by Souza Realty)

($1,297.16) - monthly expenses

$352.84 - monthly cash flow

$4,234.08 - annual cash flow

10.6% cap rate

8508 Cortina Circle, Roseville, CA 95678 - $200,000

2 bedrooms + loft / 3rd bedroom, 2.5 baths, 2-car attached garage, 1271 sq. ft. built in 2004

New 20" faux travertine tile, new paint, large freshly landscaped backyard, 1-story rear neighbors

Strada (2005 BIA Community of the Year), neighborhood park, covered picnic tables, BBQ area

For more information, please visit - http://cortinacircle.needstosell.com

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