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| Mesa Dunes Sunflower |
My research agrees with the points about big banks and Community West Bank. (See Financing Highlights). That left a question in my mind about whether or not Murphy Bank was "big enough." So I sent Richard Laxton at Murphy Bank an email and asked him if they could handle 50 sales in the first 90 days. (After that Community West Bank would be interested.)
His response was brief and reassuring: "50 lots is fine."
Ed. Note: this information was sent to me by a smart, savvy resident who prefers to remain anonymous. I'm delighted to print anything that helps us understand more about our homes and potential value.
HOW MUCH IS OUR MESA DUNES MOBILE HOME WORTH TODAY?
Many of us have expressed concerns about the future value of our home if we purchase our lot. Many of us do not know what our home's market value is in today's market. Knowing today's value might impact our conversion decisions.
One resident recently obtained facts on specific sizes and ages of MD homes that sold during a one year period. Since Mesa Dunes has over 300 homes of all ages, sizes and condition, present market value comparisons can only be done between similar homes. If your home is similar, this information may help you find what your home likely is worth in today's market. If you upgraded or remodeled your home, the market value may be higher than these averages. There are many variables in real estate that we cannot identify in these sales prices. Things such as home condition, park location, traffic, landscaping, lot size, view, condition of neighboring homes, etc. Only a certified appraiser can inspect your home and give a market value of what your home is likely worth. This comparison is for general information only.
FACTS ON MD HOMES SOLD BETWEEN APRIL 1, 2012 AND MARCH 31, 2013
This comparison has eight sold homes. All were built in 1999 or later, have at least 3 bedrooms and 2 bathrooms and are at least 1300 sq. ft.
SALE PRICE SOLD BED/BA BUILT SQ. FT. $/SQ. FT
54,000 5/4/2012 3/2 2000 1344 $40
85,000 5/15/2012 3/2 2004 1630 $52
74,000 7/19/2012 3/2 1999 1500 $49
47,000 7/31/2012 4/2 2001 1560 $30
136,000* 8/14/2012 3/2 ? 1990 $68
136,000* 8/14/2012 3/2 ? 1990 $68
82,500 9/25/2012 3/2 2000 1568 $53
85,000 10/26/2012 3/2 1999 1512 $56
87,500 12/27/2012 3/2 2001 1608 $54
89,000 3/28/2013 3/2 2001 1500 $59
AVG. SALE AVG AGE AVG SIZE
$75,500 (not including *sale) 2000 1528 sq. ft.
* This sale was reported by an anonymous comment ... Zillow.com says this unit had $40K of upgrades in past 8 years ... including a 40 foot trex deck.
Here's a recap of AG mobile home with lots listings as of 9/9/2013. Both Bolsa Chica and Sunrise Terrace are "shared membership" parks.
Address
|
Price
|
Built
|
SqFt/ $ per sqft
|
Days on Market
|
812 Hacienda (ST)
|
$15K + memb
|
1976
|
1200
$179/sq ft
|
33
|
374 Sunrise (ST)
|
$20.9K + memb
|
1977
|
1440
$153/sq ft
|
74
|
296 Sunrise (ST)
|
$175K (includes memb)
|
1977
|
960
$182/sq ft
|
398
|
848 Convington (ST)
|
$250K
|
2003
|
1458
$171/sq ft
|
56
|
820 Innesley (ST)
|
$292.5K
|
1975 (remodeled)
|
1600
$164/sq ft
|
59
|
820 Broadmoor (ST)
|
$299.5K
|
2005
|
1357
$220/sq ft
|
294
|
350 Sunrise (ST)
|
$343K
|
2003
|
1570
$218/sq ft
|
23
|
812 Devonshire (ST)
|
$349K
|
2005
|
1790
$194/sq ft
|
536
|
Bolsa Chica #12
|
$239.5
|
2007
|
1612
$148/sq ft
|
60
|
Bolsa Chica #26
|
$255K
|
2001
|
1720
$148/sq ft
|
53
|
ST = Sunrise Terrace
Numbers Game:
This is another meaningless number of course until the actual appraisal is available, however, it does give us a range to think about.
Sales in Mesa Dunes 1998 - 2013
Connie Winstead, realtor, furnished us with detailed sales from 1998-2013. Here are the median prices and average square foot prices.
Sales in Mesa Dunes 1998 - 2013
