After work and getting the kids down to an early bed time last night, it was time to do run # 2 for my latest project. At dusk I headed over to the American River trailsin Rancho Cordovato take some photos while riding my bike. I showed a video in a previous postof the first round of this biking / photography experiment, and now I have a second video.
Last time (the first time), I manually held the camera on my handlebars and managed to snap 800+ photos while riding. Yes, my fingers and wrists were extremely tired. The video turned out okay considering it was a first stab, but since I wanted to increase stabilization this time, I put on my MacGyver thinking cap and ended up making a contraption to mount the camera on my handlebars. The great thing too is that this device cost me only 87 cents.
I found that the mount helped to stabilize the camera a whole lot better (not perfect though), but since I still had to manually click each of the 653 pictures, I am still on the hunt to find a way to take images with a remote or some other method so that I can give maximum attention to steering. The more I can steer straight, the better the end product will be. Whatever the case, it’s fun to be creative and to learn something new. You can see the new video on my YouTube pageor below.
If you have any ideas or resources for me to improve my technique and explore the possibilities for biking / photography, I am open to your suggestions. Thank you.
I have been thinking of doing a little photography / biking experiment for the past couple of weeks, and yesterday I made it happen. I set out to snap some pictures from my bike (and then make a video out of it). I manually took 882 photos while holding a small Canon SD300 in my hands. You can see the video below or HERE directly.
I rode through the trails surrounding the “Stone Creek” neighborhood in Rancho Cordova and then I headed North on Kilgore to International. I then cut through the “Capital Village” neighborhood in Rancho Cordova on the way back to my truck in the parking lot of CVS Pharmacy.
This was a little experiment and I’m glad I did it. There is definitely some room for improvement in methodology, so keep in mind that this was a first stab. I’m not a photographer by any stretch of the imagination, but just a guy who loves to ride throughout my home town.
What’s been happening in the Rancho Cordova real estate market North of Highway 50 (referred to as the ”Riverside” portion of Rancho Cordova due to being on the side of the freeway with the “river” – clever, huh)? Let’s take a look below at some data and graphs. What do you notice?
Rancho Cordova Real Estate Market Trends (North of Hwy 50):
Over the past 90 days there were 83 sales North of Highway 50 (not including South of Highway 50 – Stone Creek, Anatolia, Capital Village…). All data is based upon single family residential units.
20 current Active listings
53 current Active Short Sale listings
44 current Pending properties
59% of sales since January 1, 2009 have been bank-owned sales
19% of sales since January 1, 2009 have been short sales
Low Price over past 90 days: $76,000
High Price over past 90 days: $265,000
The graph above shows all the current listings North of Highway 50 in Rancho Cordova (including pendings).
The data above is not meant to be exhaustive or be representative of every niche North of Highway 50. The Riverside portion of Rancho Cordova contains a multitude of neighborhoods and they are not all comparable to each other. You don’t have to be an expert in real estate, for example, to explain some of the differences between Sunriver, White Rock, Cordova Meadows or Croetto. So when data is lumped together as above, it does not mean that there are sales below $100,000 in every neighborhood North of Highway 50, or that the percentages of bank-owned and short sale properties are the same in each neighborhood either, or that there were even sales within certain areas of Rancho Cordova in the past 90 days.
The data above is meant solely for educational purposes. If you have a need for more detailed analysis or a need for a valuation for estate settlement, purchase, refinance, bankruptcy, pre-listing, litigation or any other type of appraisal purpose, feel free to reach me (Ryan) at 916-595-3735 or www.lundquistcompany.com.
I shot this videobelow earlier while in the field in between inspections. There are quite a few people searching for information on the “Capital Village” neighborhood in Rancho Cordova and this site is getting a good amount of hits on the subject. I figured it would be relevant then to shoot a little informative video about this Rancho Cordova subdivision.
Let me know if you have any questions about Capital Village, the local real estate market or if you have any potential real estate appraisal needs. As an experienced FHA approved real estate appraiser in the Sacramento area, I am glad to be in business and to serve my client’s needs. Please contact me at 916-595-3735, www.lundquistcompany.com or LundquistCompany@gmail.com.
Yesterday I took some photos from the field of the “Stone Creek” neighborhood in Rancho Cordova.
Stone Creek is a fairly new community within Southern Rancho Cordova in the 95670 zip code just South of Highway 50 in between International Drive & Mather Air Field basically. Stone Creek has a unique plan in that it has a large bike/walking path that basically surrounds the entire subdivision. Additionally, Stone Creek has a very nice 21-acre park (Stone Creek Community Park).
This neighborhood is not difficult to spot since there is a giant water tower on the Eastern end of the tract. Have you seen this one while traveling South on Sunrise Blvd?
Stone Creek is just North of Mather Air Field and there is still some vacant land to be built on (probably when the market rebounds). The image below is of the Stone Creek community in the background along with vacant land in the foreground.
This is a view of part of the bike trail/path along the perimeter of the subdivision.
I am very familiar with the Stone Creek neighborhood from my real estate appraisal experience within the community. If you have any questions about Stone Creek or any potential real estate appraisal needs, please contact me at www.lundquistcompany.com or 916-595-3735.
Here is a quick post to show what you can buy a house for in the 95670 zip code in Rancho Cordova these days. It looks like there are some good deals, huh? The 95670 zip code covers the North side of the freeway (“Riverside” portion) as well as some of the Southern side of Highway 50 (Stone Creek, Capital Village, some older tracts). There are currently 193 listings in MLS for detached single family residential properties.
Capital Village is a planned community in Rancho Cordova built by Beazer Homes (construction is ongoing still). Within the development there are a combination of detached and attached housing units ranging from one to three stories. The community has two parks, access to local commercial retail shops within walking distance, active residents, and a convenient location within close proximity to many local employers (and Rancho Cordova City Hall).
There are four housing styles within Capital Village:
Bungalows: 1 and 2 story properties on the Eastern side of the development.
Reflections: Units along and near International Drive that are 2 and 3 stories in design. These units were previously called “Brownstones” and the word is that many residents still refer to them as such.
Fusion: As pictured above, these multi-colored attached units are hard to miss when driving through Capital Village. Fusion has a higher HOA fee than the other three property styles due to being attached. There are actually two separate HOAs within the Capital Village development (one for attached units and one for detached units). The Fusion units were formally called “Villas” but Beazer changed their name to Fushion.
Cottages: Units with a garage on the front of the house and located between Bungalows and Fusion. All other units have garage access in the rear.
Capital Village Real Estate Data in Rancho Cordova (MLS Data):
8 current Active listings in MLS (note: Beazer very likely has other properties that are listed for sale but are not on MLS).
3 current Short Sale Active listings
21 current Pending listings
3 short sales listings are between $195,000-$200,000
Pendings range from $184,664 to $315,759
High MLS sale in past 12 months was $312,889
Low MLS sale in past 12 months was $190,000
If you have any questions about Capital Village or the data above, feel free to contact me at 916-595-3735 or www.lundquistcompany.com or “ryan [at] lundquistcompany [dot] com”. Additionally, if you purchased your home when the Capital Village community was brand new and you feel that your property has declined in value over time, but the Assessor has not adjusted your property taxes accordingly, let’s talk.
NOTE: The data above is based on properties of all sizes and design (attached and detached). Beazer Homes has other properties which have sold maybe higher or lower than the data above indicates. Beazer is tending to list many of their properties on MLS, but they do not list all of them.
“Anatolia” is a newly-built HOA community in Southern Rancho Cordova located within the 95742 zip code. There are roughly 2000 housing units which have been built since 2005 and construction is still ongoing. Below you will find some of the latest real estate market trends in Anatolia as of today’s date.
The following graphs take the past thirteen months of sales into consideration and are based upon data provided through Sacramento Metrolist.
“Anatolia” in Rancho Cordova Real Estate Market Data:
347 sales over past 12 months
80 sales over past 90 days
Average of 26.67 sales per month over past 90 days
201 current Listings
7.5 months of housing supply currently listed on the market (due to aggressive pricing, this inventory may not necessarily be on the market that long. In fact, the previous 90 days had 8.5 months of inventory and then the six months prior to that had 12.4 months of inventory. It would appear then that right now the inventory is decreasing).
Median Sales Price over past 90 days: $288,000
Median Sales Price over previous 90 days: $312,016
Median current List Price: $275,000
Median Listing Days on Market: 54
Please feel free to give your two cents, ask questions, or provide any supplementary information or data by commenting above. You are welcome to contact me for additional information and questions too at 916-595-3735 or www.lundquistcompany.com
I had a conversation today with a friend about Rancho Cordova real estate market trends and I made this graph to show her in an image of what words so often say – that the market has declined.
When making trend graphs in many local areas and cities in the Greater Sacramento Region, I often think the overall trend looks like a ski slope. This one above is maybe a bit more bunny-slope-like, but still, you get the point. If you have questions about the local real estate market, feel free to contact me at 916-595-3735 or www.lundquistcompany.com
A Closing Thought: Looking at market trends doesn’t often times “bring gladness to the heart of man” so to speak (that was a quote from Chimay, if you follow), so let’s remember that relationships and so much of life can be wonderful even though home values aren’t much to brag about right now.
What’s been happening in the real estate market in the city of Rancho Cordova in 2009 so far? Below is a graph and some stats for you:
Rancho Cordova Real Estate Market Trends in 2009:
179 total sales in MLS in 2009
77 current Active listings
129 current Short Sale listings
104 current Pending listings
99 of 179 sales were in the 95670 zip code
80 of 179 sales were in the 95742 zip code (Anatolia)
Overall 2009 Median Sales Price for 95670: $165,000
Overall 2009 Median Sales Price for 95742: $290,000
Low Sales Price in 95670 in 2009: $75,000
High Sales Price in 95670 in 2009: $420,000
Low Sales Price in 95742 in 2009: $220,000
High Sales Price in 95742 in 2009: $510,000
Property Taxes in Rancho Cordova (and Surrounding Counties):
While on the subject of Rancho Cordova, I wanted to say a few words on property taxes. When looking at my blog stats and what keywords people are typing in to get here, it is clear that property taxes are on the minds of fellow Cordovans as well as many locals in surrounding counties. There are quite a few people finding this blog by searching for things like “How to Lower Property Taxes in Rancho Cordova”, “City Taxes in Rancho Cordova”, “Stockton Property Taxes”, or “Placer County Property Taxes” (etc…)
I hope the following information proves to be helpful:
1.Our local cities (including Rancho Cordova) do not collect property taxes. Property taxes are handled through the local Assessor’s Office (for Rancho Cordova, that would be the Sacramento County Assessor’s Office).
2. The Sacramento County Assessor’s Office has not yet released their assessed values for 2009. Their assessed values will be based upon January 1, 2009. You should receive a letter in the mail if they determined that your property taxes have decreased based upon a decline in value last year.
3. When the Assessor’s Office releases their assessment of your property in hopefully May 2009, you can follow a specific set of steps to contest the level of your property taxes if you disagree with their opinion (this process is the same for anyone in Sacramento County or for that matter, anyone in surrounding counties. The exact dates for appealing taxes may differ, so you can check with your local Assessor with specific dates).
4. Read an article I wrote called “The Skinny on Lowering Property Taxes” that gives you the gist of what you need to do to contest your property taxes. I would be glad to help you with this process also. Please see www.SacramentoTaxAppeals.com for further information.
Let me know if you have any questions. I am glad to talk you through the process of appealing your property taxes in Rancho Cordova (or elsewhere) and help you understand what you need to do. Even if you are in a surrounding county that I also serve (Placer, Yolo, El Dorado, San Joaquin….), feel free to give me a call at 916-595-3735. Just last week I spoke with two property owners who found me through this blog and I was able to shed light on what they need to do for 2009 property taxes and also what they could have done in 2008.
Here are some images from the field today in the “Capital Village” neighborhood within the City of Rancho Cordova. Capital Village is a new and ongoing project by Beazer Homes. It is distinct locally because of its mixed-use concept and unique design (small lots, 1 to 3 stories, units attached or detached, flat or pitched roofing, vibrant or earth-tone colors, close proximity to commercial retail, two parks…).
Vibrant Colors & Unique Design:
View of one of the local parks and detached units in background:
Construction is currently ongoing within Capital Village.
Located in Rancho Cordova, off Zinfandel Drive just south of Highway 50, Capital Village is a progressive new home community featuring a combination of various architectural designs, several popular retail stores and restaurants, a mixed-use town center, numerous parks, a water feature and more! Urban living meets true suburban comfort at the new Capital Village community by Beazer Homes.
If you are a Capital Village home owner, what is it that drew you to this community? And what do you think now that you are there? What commercial retail shops do you want to see come into your neighborhood?
If anyone has appraisal-related questions pertaining to Capital Village, let me know. I am experienced with appraising properties in the Capital Village market as well as the nearby “Stone Creek” area of Rancho Cordova. I can be reached at 916-595-3735 or www.ranchocordovaappraiser.com And no, I am not paid to advertise Capital Village. I simply mention things I think I worthy of mentioning.
Ryan Lundquist is a Certified Residential real estate appraiser serving the Greater Sacramento Region. He is FHA approved and does work for brokers, banks, governmental agencies, Realtors, attorneys, home owners and more. Ryan speaks some Spanish too.
Get a Text Message Reminder for Property Tax Appeal Deadlines (if you live in the Greater Sacramento Region, Central Valley, or Bay Area)
*Standard text messaging rates may apply from your carrier. We will not call you or give your phone number to anyone. This is a simple and helpful reminder for you.
Property Tax Appeal Video
Advertise on Our Website
We are always looking for additional companies that would like to advertise on our website. Our rates are very reasonable. Contact us today at 916-595-3735 for details.
Appraisals for Divorce
We Do Appraisals for Estate Settlement
Disclaimer
The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist. The information on this website is meant soley for educational purposes and is not intended in any way to support an opinion of value for your appraisal needs or any sort of value conclusion for a loan, litigation or any other potential appraisal-related purpose. The material found on this website is meant for casual reading only. For more detailed market analysis to be used for an appraisal report or any appraisal-related purpose, please contact us for more information. Thank you.
