Saddlewood is a covenant controlled community located just North of the Town of Elizabeth, Colorado. North of State Highway 86 and between County Road 17 and County Road 21.

See every home currently for sale in Saddlewood and Bonnie Ridge. Updated today!

Saddlewood is a neighborhood of about 140 homes located on 2 to 4 acres. (I think there are two to three lots that have not been built on?) Most of the homes for sale are located on treed lots with large Ponderosa Pines. The minimum lot size is 2.5 acres and all of the homes are serviced by wells.One benefit of living on the western edge of the Saddlewood neighborhood is that some of the homes actually enjoy long range views of the Front Range Mountains!

One of the most appealing aspects of Saddlewood is its location. Being close to the town of Elizabeth and all the amenities the town has to offer but still being able to enjoy the country lifestyle. Many of the residents enjoy having open spaces without the smell of horses.There is ample neighborhood open space and a wonderful walking trail.

Saddlewood subdivision in Elizabeth Colorado does not allow horses however out buildings and workshops are permitted if cleared with the Homeowners Association FIRST!

Saddlewood has an active HOA (Homeowners Association)

 

Bonnie Ridge and its 40 different 5 acre lots is located adjacent to Saddlewood however the lots are a little larger and Bonnie Ridge does allow horses.

Bonnie Ridge (HOA) Homeowners Association : P.O. BOX 926, Elizabeth, CO 80107

With lovely 5 acre lots located deep in the pine forest you will enjoy the seclusion but also are located minutes from the main Town area of Elizabeth. This close to town location makes Bonnie Ridge an ideal spot to live. You can easily get to the grocery store within 5 minutes.

Immediately See all Homes currently for sale in Bonnie Ridge.

 

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This market report is for the entire Denver Metro MLS Metrolist. All area included. For the month of October 2008 compared to the month of October 2007 with year to date homes sold data as well. If you need more detailed information for your city or even your neighborhood please give us a call and we will be happy to provide that information. You may want to look at our other posts to see if the report for your area is already available.

Contact us to sell your home.

Other Available Market Reports:

• DEP-Douglas County, Elbert and Parker Colorado Market Report.
• DHL-Douglas County Highlands Ranch and Lone Tree Colorado.
• The Timbers in Parker Colorado
• DCW-Douglas County West. Castle Rock, Larkspur, Sedalia, and Parts of Littleton

 

SOLD - Residential Single Family Homes sold. Entire Denver Metro MLS. ALL Areas!

 

	October 2007	October 2008	% Change
# Closed Sales Month	3,017	3,386	12.2%
# Closed Sales Year to Date	33,672	33,048	-1.9%
Average Days on Market	95	93	-2.1%
# Active Listings	21,947	17,842	-18.7%
# Of New Listings	8,600	7,212	-16.1%
Absorption Rate in Months	7.6	5.5	-28.4%
Average SOLD Price	$289,754	$250,172	-13.7%

 

 

SOLD- Condos Entire Denver Metro MLS. All Areas!

 

	October 2007	October 2008	% Change
# Closed Sales Month	831	896	7.8%
# Closed Sales Year to Date	9,416	8,635	-8.3%
Average Days on Market	102	102	0.0%
# Active Listings	6,981	5,278	-24.4%
# Of New Listings	2,457	1,934	-21.3%
Absorption Rate in Months	8.8	6.1	-31.1%
Average SOLD Price	$176,222	$164,686	-6.5%

 

 

 

 

 

 

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Stonegate is ideally located in the heart of Parker, Colorado. With around 3000 homes and an entirely new section of town homes and condos there is definitly a home for your liking. Real estate and homes for sale in Stonegate and the Parker Colorado area have always been a good investment. If you would like more information about homes or real estate in Parker , Colorado call or email Steven Beam. Steven Beam is a Parker, Colorado Real Estate Broker.

You are on the net looking for information about buying or selling your next home. Shouldn't your Realtor be online everywhere too? Are they? Why not? Call me. I'm here and have the technology and online presence to get your questions answered. 303-941-4663.

Stonegate Village Owners Asociation- HOA (Homeowners Association) contact information.

PCMS manages the community: 7000 S. Yosemite Street, Englewood, Colorado, 80112.

Management Company Contact: Mark Eames

Phone: 303-224-0004

Fax: 303-224-0002

Email: corpoffice@pcms.net

 

October 2008 Home Sales Statistics for Stonegate:

Total Number of Homes closed during October 2008 in Stonegate = 9

Average Home Sold for the month of October 2008 = $320,278.

Average Original Listing Price = $341,722.

Average Price per Square Foot = $133

Average % percent difference between Listing and Selling Price = 93.2%

Average Days to Sell a home in Stonegate = 86 Days.

Lowest Current Listing Price = $256,000

Highest current Listing Price = $520,000.

Current number of homes Under Contract/Pending Sale = 14.

Highest priced currently under contract = $470,000

Average price for currently under contract homes = $309,257.

CURRENTLY ACTIVE

There are currently 40 homes for sale in Stonegate.

Average current listing price = $331,524.

Lowest Current Listing price = $205,000.

Highest current listing price = $539,000.

 

Would you like more information about Stonegate and other homes for sale in the Parker area? Here are a few more articles you may enjoy.

 

 

http://www.parkercoloradorealestatehomesforsale.com/00818F

Steven Beam Client Testimonials

1. "Thank you for being a patient REALTOR and helping us find a great first home!" Jamie and Katie, Highands Ranch, CO. June 2008.

2. "Steven did a fantastic job on just 24 hour notice and spent the next 2 days showing us homes and making offers. Our previous broker could not do this. We are sincerely appreciative of his efforts and will recommend him to our Associates!"

Kelly and Carol Patterson -New homeowners in the Idyllwilde subdivision in Parker, CO.

3. Steven-Thank you for selling two of our Parker homes at one time. It was very scary trying to sell two homes at once over the holidays. You sold our investment property in 20 days and our primary home in a little over a month. I will reference for you anytime.

Jason and Jill R.

Parker, Colorado

4. Moving to a new state and buying a home can be stressful and intimidating.  Steve Beam made the purchase of our home a very enjoyable experience.  With his professionalism and knowledge, he was helpful, informative and never pushy.   He was always prompt and attentive and stayed way ahead of the game throughout the whole process.  Having Steve working for us gave us the confidence we needed during this time.

Richard & Stephanie Colunga

Centennial, CO
From: Huntsville, Texas

5. I want to express my gratitude for employing such a wonderful associate.  My husband and I have moved all over the country over the past 20 years.  We just moved to Denver and we had the pleasure of working with Steve Beam.  The best way to describe my home buying experience is to tell you that it was the best real estate experience my husband and I have ever had.  Steve was a true joy to work with. He was very patient, knowledgeable, and helpful at all times.  I "will" recommend Steve Beam to everyone.  He is a true professional and treasured jewel to his industry.

Sincerely,

The Phillips

Cherry Creek, CO

6. I would like to take this opportunity to express my gratitude and satisfaction with our realtor Steve Beam. His thorough and professional customer service allowed us a very smooth transaction from our initial meeting, looking at various neighborhoods, all the way up to, during and after closing our new house.  Steve continues to be an excellent resource for us on our house related issues, even now, months after close.  I would gladly refer all potential real estate clients to him.

Mark and Lisa Boland

Castle Rock, CO
Relocation from Sweden

7. "Selling our home through Steve Beam exceeded all of our expectations. Thanks for your outstanding efforts. I wish everyone was as diligent, courteous, and knowledgeable as you!  You will be receiving many referrals from us".  Thanks for a wonderful experience!"

Mr. and Mrs. Ross Lewis
Lone Tree, Colorado

8. Our family met Steve Beam while he was hosting an open house at a client's home.  We leisurely walked through the home when he asked us what type of house we were looking for. After telling him, he told me that he would be happy to email me a copy of listings to look over that met our basic criteria.  Being in sales myself, I was very comfortable working with someone such as Steve.  He wasn't pushy and he seemed very down to earth.  As a test, I gave him our information, we shook hands and then we left. I remember sitting in the car telling my wife how comfortable I felt with Steve.  

Sure enough, a day later, I got an email with the listings that matched just what we had discussed.  My instinct told me that Steve was for real. We worked with Steve for about 4 months and he never missed a beat.   He always returned phone calls (my hot button) and he always made us feel like we were his only clients. 

My best story about Steve comes from a trip while out looking at homes.  Our basic criteria for a home were:  a three car garage, a small porch to sit on, decent yard, and a house facing either West or South.  We were looking at a brand new home in Castle Rock which had many of the features we wanted, but the house wasn't in the area that we desired and it faced east.  My wife and I picked out a few features that we really liked.  Steve could see in my eyes that I was thinking about putting down a deposit.  The sales associate working for the builder was going "for the close".  All of a sudden, Steve told the sales associate, "why don't we think about this and we'll get back to you."  He knew, he remembered and he cared enough to say something that would lose a sale for him and the sales associate--I thanked him repeatedly on the way home. A few days later we found our dream home which met all of our criteria. We would recommend Steve Beam to anyone, at anytime. He made looking for a home a truly enjoyable experience--he is truly an asset to his industry. 

Sincerely,

The Thompson's
Parker, Colorado

8. We listed our house for sale with Steve Beam, who is with RE/MAX Alliance.  We received an acceptable offer and the closing took place without a hitch. The initial listing to closing took place in less than 3 months, which in today's Denver real estate market I believe to be quite good.  I believe this was possible because Steve gave us good advice on a reasonable range of listing prices.  Steve continuously kept us updated on the market activity by providing us with updated listing and sold prices in the area. He conducted a number of open houses which acquainted our property to various local Realtors and potential buyers.  Through demographic research, he was able to identify a number of potential buyers, some of whom were interested in our property.  Throughout this period, Steven Beam was friendly, courteous and diligent.  We would recommend him to anyone who needs the services of a realtor.

Sincerely,

George & Mary Cogorno

 

9. Thank you for a great job! We found our home with your guidance in two days. We love it!

Richard and Family, Clarke Farms, Parker, Colorado

 

http://www.parkercoloradorealestatehomesforsale.com/008173

Buying a home in Parker, Colorado or anywhere else in this great country is becoming a little more complicated. Some new rules and regulations that we all need to be aware of have been passed along to me from a great local lender Jocelyn Predovich at Limetree Lending in 303-325-3578.

Parker Homes for sale $200,000 to $300,000.

Parker Homes for sale $301,000 to $400,000.

Parker Homes for Sale $401,000 to $500,000.

Parker Homes for Sale $501,000 to $700,000.

Parker Homes for Sale $701,000 to $900,000.

Luxury Million Dollar Homes for Sale in Parker Colorado.

 

Effective August 1, 2008, Fannie Mae has implemented some major changes with regard to seasoning of bankruptcies, seasoning of short sales, seasoning of Foreclosures, & conversions of primary residences into rental properties.  This update will give you all the pertinent information you need to conduct your business in the best manner possible.  These are not all of the guidelines but it will give you the important details of the changes.

Bankruptcy Seasoning

• All bankruptcy filings, except for chapter 13, must be seasoned for 4 years from the date of discharge or dismissal. The major change to this was the dismissal addition.
• Chapter 13 Bankruptcies must be seasoned 2 years from the date of discharge or 4 years from the date of dismissal.
• In cases of multiple filings in the past 7 years, the borrower must wait a minimum of 5 years from the date of the most recent dismissal or discharge regardless of the bankruptcy action.
• In cases of extenuating circumstances, borrowers must wait 2 years from the date of discharge or dismissal regardless of the bankruptcy action.

 

Foreclosures

Borrowers that have had previous foreclosures are now under greater scrutiny when applying for financing under these new guidelines.  Below are some of the major bullet points:

 

• Minimum time frame a borrower must wait before they are eligible for financing is increased to 5 years from the date the foreclosure was completed.
• Between the 5 and 7 year time frame a borrower may only purchase a primary residence. Investment properties and second homes are not permitted.
• Each borrower applying for the loan must contain a minimum FICO score of 680.
• Minimum down payment of 10% is required.

 

Pre-Foreclosure or Short Sales

 

Fannie Mae views any sale of a property to a third party for less than is owed on the delinquent mortgage to be a pre-foreclosure sale.  (We call them short sales)  The new guideline states that the borrower must wait for a minimum period of 2 years from the date of the sale, before being eligible to buy a new primary residence.  Currently, there is no exceptions to this due to extenuating circumstances.

When speaking to clients this is one of the reasons why short sales are more preferred than a foreclosure - they can buy a primary residences in 2 years instead of 5!

Conversion of Primary Residences to rental property

VERY IMPORTANT THIS HAPPENS A LOT

Changes to guidelines with regards to converting a primary residence into an investment property are extremely important.  Fannie Mae felt that the previous guidelines that stated a borrower simply had to supply a 12 month lease agreement and lenders could offset the monthly mortgage payment by the amount stated in the lease is no longer valid.  The new guidelines state that if a borrower wants to purchase another home and turn their current primary residence into a rental, the following will apply:

• The borrower must provide proof they have at least 30% equity in the current primary residence. This can be determined by an appraisal, AVM, or BPO.
• The borrower must provide an executed 12 month lease agreement on the current residence to offset the mortgage payment. Also, the borrower must provide receipt of the security deposit and show the security deposit has been deposited in the borrowers account.
• 75% of the monthly lease amount will be used to offset any mortgage payment. 25% is used to account for any vacancy that may occur.

If 30% percent equity cannot be determined, the following will apply:

• Rental income on the current property may not be used to offset the mortgage payment. Borrowers must qualify for both mortgage payments.
• Borrowers and home buyers must have at least 6 months PITI reserves for both mortgage payments; sourced and seasoned.

Please understand these guidelines only apply to conventional financing and does not include FHA or VA

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