Market Update October 2019 | Homes For Sale

Welcome to Arizona - The Grand Cayon State

Market Update October 2019

Market Update October 2019, The demand continues for homes within 55+ communities throughout Arizona. The newly listed homes that are priced right and are either newer homes or have several updates sell within a few days of being listed. If the house is in excellent condition with a great location, it will sell above the listing price.

Buyers moving to Arizona year-round

We have worked with several clients this past summer that have decided to make Arizona their year-round home. Most of these buyers are staying in Arizona 8-10 months of the year. During our hottest months(mid-July – the end of August), they are traveling and visiting family and friends throughout the country. Many of them have bought RV’s. We have some beautiful state and national parks in northern Arizona. With a two hour drive, the temperatures can be 20-30 degrees cooler than down in the desert. San Diego, California, is only a five-hour drive from Phoenix.

Arizona Seasonal Rentals

The seasonal rental market throughout the state of Arizona is also in high demand. Most renters have come up short in their search and decided to buy instead of rent. It takes persistence and many hours of searching to find a winter rental. Even after finding one, unless you have seen it in person, you don’t know until you get there how clean it is. Unfortunately, we don’t offer any rentals. I wish I could provide some tips for you, but there is no easy way to find one. The best advice I can give you is to recruit friends and family in your search that already have a place here. You can also do a web search on vacation rental sites.

I want to buy, but I am not retired yet

Are you in a position to buy but are not ready to live in Arizona for more than a month or so? Many buyers are not retired yet. With the demand for rentals, buyers are purchasing homes and renting them out January-April. By doing this, they can pay for the property taxes, insurance, property maintenance, and HOA fees for the whole year. Some buyers use the home in December before the winter renters come in January and again in April and May after the renters leave. Other buyers have done monthly rentals. Renting the home for January and March and then using themselves for February and April. The price for seasonal rentals ranges from $1800.00 – $3,200.00 monthly(average $2,600.00). If you purchase a home for this purpose, I will assist you in finding your first seasonal renter.

Financing a second home or vacation home

One of my recent clients(couple) wanted to purchase a vacation home in Arizona. Although they had enough funds to pay cash for a home, the cost(taxes) to get their money out of IRA’s and 401k’s did not make sense. They decided to finance a home and take out a 30 mortgage. I forgot to mention this couple is in their mid-eighties. Mortgage companies cannot discriminate against age.

The majority of the buyers can pay cash but decide to do some form of financing. We continue to see desirable interest rates. I have seen current % rates for a 30yr mortgage as low as 3-1/2%. Fifteen-year mortgages are even lower. Whatever your scenario might be, there are many financing options available.

Arizona Home Search | Customized Link

The link below offers a broad search of homes for sale in several 55+ plus communities. If you have a list of specific requirements for a home or community, I can customize a link for your home searching experience. The following search is updated daily and is always current.

Homes for Sale – Click Here

Arizona, a great place to live!

Regardless of our hot summers, Arizona is a beautiful place to live. We do have almost four seasons, not all in the same place but scattered throughout the state. If you are considering a move to Arizona or looking for a vacation home, please call me, I would love to visit with you.

Jarl Kubat Arizona's Resort Community Specialist

Jarl Kubat

Contact Jarl Today!  (480-710-6326)


Arizona 55+ Community Specialist!

 

Furnished Sunland Springs Village Garden Condo

10960 E Monte Ave. Unit 124 Mesa, AZ. 85209 Sunland Spring Village

Sold July 2019  = $236,000

This is great townhouse for sale in the 45/55+ community of Sunland Springs Village in Mesa, AZ. 85209. The best part of this town-home…it can be purchased completely furnished, including the golf cart. Just as you see in the video above.

These units are very popular. For seasonal residents, these are lock and go units. When its time to leave for the summer, just flip the circuit breaker off for the electric hot water heater and shut off the main water supply on the exterior of the unit. The Home Owners Association does the exterior maintenance including, mowing, trimming, painting, weed spraying, etc…  Call Jarl Today! to arrange your showing. (480-710-6326). Experience the best realtor service around! 

Furnished Sunland Springs Village Townhouse

  • 1100 Condo Floor Plan
  • 2 bed / 2 bath / 2 car garage
  • Approximate Sq/Ft. – 1,064
  • Year Built – 2013
  • Builder – Farnsworth Homes
  • 2018 Property Taxes – $1,564.00
  • Condo Monthly HOA Fees = $95.00
    • The exterior is maintained by the Home Owners Association

Exterior Features

  • Cement Block common walls between units
  • North \ South Exposure (south facing back patio)

Interior Features

  • Split Bedrooms
  • 9′ Ceilings
  • Water Softener
  • Upgraded window blinds
  • Master Bedroom/Master Bath
    • private toilet room
    • double sinks
    • walk-in closet
  • Upgraded Tile Flooring
    • Only the bedrooms have carpet

Rooms Sizes

  • Living Room – 15′-0″ x 19′-10″
  • Eat-in Kitchen With Breakfast Bar
  • Guest Bedroom – 10′-10″ x 11′-0″
  • Master Bedroom – 13′-0″ x 12″-2″
  • 2 Car Garage – 18′-0″ x 20′-0″
  • Cover Back Patio – 9′-0″ x 18′-4″

2019 SSV HOA Owners Fees

  • Master HOA Annual Fee = $665.00
  • Junior HOA Monthly Fee = $95.00 (town-homes only)
  • Master HOA Resale Disclosure Fee = $245.00 (seller’s fee)
  • Junior HOA Resale Disclosure Fee = $400.00 (seller’s fee)(town-homes only)
  • Master HOA Community Transfer Fee = $155.00 (one-time fee)
  • Master HOA Capital Improvement Fee = $665.00 (one-time fee)
  • Junior HOA Capital Improvement Fee = $190.00 (one-time fee)(town-homes only)

*** Please check out the 23 other Mesa 55+ Communities  Check out all 4 Farnsworth 55+ CommunitiesDreamland Village Sunland Springs Village | Sunland Village East | Sunland Village 

Sun City West Golf Course Home

Sold January 2019 – $332,500

This beautiful Sun City West Golf Course Home is ready to move into. Being located just off of the 13th tee box of the Echo Mesa Golf course makes golf balls almost non-existent (unless I am golfing). The home boasts many updates/improvements including but not limited to: interior/exterior paint, new Milgard windows, granite countertops, and new flooring throughout. The pride of ownership shows in every part of the home. Call Jarl Today! to arrange your personal showing. (480-710-6326)

Cromwell Floor Plan

Exterior Features

  • Golf Course Home (just off 13th tee box of Echo Mesa golf course)
  • Front Exposure (North East
  • Rear Exposure(South West)
  • Double Door Entryway
  • Front Court yard
  • Large Extended Screened in Patio
  • Landscape By Design
  • Newer Exterior Paint

Interior Features

  • 2 Bed / 2 Bath / Den
  • Split Bedrooms
  • Vaulted Ceilings
  • Granite Counter-Tops (kitchen)
  • Plantation Shutters | Hunter Douglas Mini Blinds
  • Large Master Bedroom 
    • private toilet room
    • separate shower / separate tub
    • walk-in closet
  • New Flooring (tile & carpet)

Room Sizes

  • Family Room
  • Formal Living/Dining
  • Living / Dining (vaulted ceiling)
  • Den
  • Guest Bedroom
  • Master Bedroom (vaulted ceiling)
  • Screened in Patio
  • Garage (epoxy floor)

Sun City West 2019 HOA Fees

  • Rec Center Annual Fee = $445.00 (per deeded owner)
  • Disclosure Fee = $115.00 (one time)
  • Monthly Fee = Monthly fees vary & apply primarily to condos/patio homes.
  • Transfer Fee = $240.00 (one time fee)
  • Capital Improvement Fee = $3,500.00 (one time fee)

Phoenix – NorthWest Valley 55+ Communities

Also, check out homes for sale in the other northwest valley 55+ communities:

Sun City West | Golf Course Homes |  Patio Homes | Sun City AZ |Sun City FestivalSun City Grand | Corte Bella |Trilogy at Vistancia |Victory at Verrado | Westbrook Village