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Rocklin, CA 95765 - Park Place Condominiums Market Report (November 30, 2011)

Rocklin, CA 95765 - Park Place Condominiums Market Report (November 30, 2011)

Park Place Condominiums is a gated condo community in Rocklin conveniently located off Hwy 65 and Pleasant Grove (which turns into Park Drive) and directly across the street from Twin Oaks Community Park and Twin Oaks Elementary Schoolin Rocklin, CA. It is also just around the corner from Rocklin High School and down the street from the Safeway Shopping Center at the corner of Park Drive and Sunset Boulevard.

Park Place Condos were built by D.R. Horton between 2001 and 2002 and the street names in this gated community are:Boardwalk WayIllinois WayIndiana WayKentucky WayMarvin Gardens WayReading WaySaint Charles Way and Saint James WayMonopoly, anyone? :)



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Park Place Condominiums HOA dues are $215/month and they include: the security gate, clubhouse, pool, spa, BBQ area, common area maintenance, insurance and management fees.

  • Plan 1 - two bedrooms, two baths, 1083 square feet, 1-car attached garage
  • Plan 2 - two bedrooms, two and a half baths, 1490 square feet, 2-car attached garage
  • Plan 3 - three bedrooms, two and a half baths, 1658 square feet, 2-car attached garage

Here is a list of Park Place condosactive listings, active short salescontingent short salespending sales and closed sales as of November 30, 2011:

ACTIVE

  1. 939 Marvin Gardens Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (10/18/11) $109,900
  2. 1403 Indiana Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (3/16/11) $138,500
  3. 1201 Reading Way, Rocklin, CA 95765 - 3 bedrooms, 2.5 baths, 1658 sq. ft. (11/12/11) $165,000

ACTIVE SHORT SALE

  1. 1401 Indiana Way, Rocklin, CA 95765 - 3 bedrooms, 2.5 baths, 1658 sq. ft. (3/12/11) $200,000

CONTINGENT

  1. 1602 Kentucky Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (11/9/11) $99,990
  2. 1015 Boardwalk Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (11/13/11) $105,000

PENDING

  1. 1610 Kentucky Way, Rocklin, CA 95765 - 3 bedrooms, 2.5 bath, 1658 sq. ft. (9/30/11) $155,990

SOLD

  1. 921 Marvin Gardens Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (11/16/11) $129,000
  2. 905 Marvin Gardens Way, Rocklin, CA 95765 - 2 bedrooms, 2.5 baths, 1490 sq. ft. (11/4/11) $136,000
  3. 1203 Reading Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (10/27/11) $110,000
  4. 947 Marvin Gardens Way, Rocklin, CA 95765 - 3 bedrooms, 2.5 baths, 1658 sq. ft. (10/19/11) $168,000
  5. 1400 Indiana Way, Rocklin, CA 95765 - 2 bedrooms, 2.5 baths, 1490 sq. ft. (10/18/11) $124,000
  6. 969 Marvin Gardens Way, Rocklin, CA 95765 - 2 bedrooms, 2 baths, 1083 sq. ft. (9/19/11) $105,000
  7. 1410 Indiana Way, Rocklin, CA 95765 - 3 bedrooms, 2.5 baths, 1653 sq. ft. (9/16/11) $145,000
  8. 919 Marvin Gardens Way, Rocklin, CA 95765 - 2 bedrooms, 2.5 baths, 1490 sq. ft. (8/29/11) $130,099
  9. 935 Marvin Gardens Way, Rocklin, CA 95765 - 3 bedrooms, 2.5 baths, 1658 sq. ft. (7/26/11) $185,000
Park Place HOA is currently in litigation, so obtaining financing can be difficult (but not impossible - 1 closed sale was FHA and 1 was seller-financed). The remaining 7 sales were all-cash transactions. 44% were bank-owned, 44% were short sales and 12% were traditional sales. Sales prices of Park Place condos have declined since the beginning of 2011.

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BOB & LEILANI SOUZA
Real Estate Investment Specialists
Southwest Placer County, CA

Souza Realty, Bob & Leilani Souza - Real Estate Investment Specialists in Southwest Placer County, CA

Bob Souza - 925.513.3400 - bob@souzarealty.com

Leilani Souza - 916.408.5500 - leilani@souzarealty.com

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Comments

Bob and Leilani - Good market report.  I liked how you used the map to show where the different condo groups were located at.  Nicely done!

Posted by Laura Allen, Lake Tahoe Homes, Property for Sale. www.TahoeLauraLuxuryHomes.com (Coldwell Banker, Tahoe City, CA (530) 414-1260) 6 months ago

These look really affordable and I love the street names.  What a great location being close to everything.

Posted by Doug Bullwinkel NMLS #281609 (Vitek Mortgage Group) 6 months ago

Thank you, Laura! I love incorporating the aerial view maps in my neighborhood market reports...what better way to show the community? :)

Leilani

Posted by Souza Realty/Roseville-Rocklin-Lincoln-Loomis-Granite Bay-CA 6 months ago

Doug, with the prices at their all-time low in this neighborhood, it's a great time to buy for the right buyer. I also love the street names as I loved to play Monopoly as a child! :)

Leilani

Posted by Souza Realty/Roseville-Rocklin-Lincoln-Loomis-Granite Bay-CA 6 months ago

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