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Roseville, CA 95678 The Reserves Condos Market Report October 23, 2011

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Real Estate Broker/Owner with Souza Realty 916.408.5500 California DRE #01262541

Roseville, CA 95678 - The Reserves at Galleria Condos Market Report (October 23, 2011)

The Reserves at Galleria is a condominium community conveniently located off Hwy 65 between Galleria Blvd. and Pleasant Grove, at 501 Gibson Drive, Roseville, CA 95678. It is near the Galleria MallFountains at GalleriaCostcoSam's ClubSuper Wal-MartHome DepotLowe'sSafeway, as well as an extensive selection of restaurants.

Condos at The Reserves at Galleria were built in 2003 and there are a total of 26 buildings. There are 3 different floorplans with 1 or 2 parking spaces (it varies with each unit between carport and/or uncovered parking) and some units even come with an attached or detached garage.

  • Plan One - one bedroom, one bath, 851 square feet
  • Plan Two - two bedrooms, two baths, 1016 square feet
  • Plan Three - three bedrooms, two baths, 1211 square feet

The Reserves at Galleria HOA dues (monthly fee varies with each unit) include: security gates, clubhousepool & spafitness centercommon area maintenanceinsurancegrounds maintenance and management fees.


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Here is a list of the Villages of the Galleria condos: (there are no active listings or short sales at this time) contingent short salespending sales and closed sales as of October 23, 2011:

CONTINGENT

  1. 501 Gibson Drive #1511, Roseville, CA 95678 - 1 bedroom, 1 bath, 851 sq. ft. (10/5/11) $75,000
  2. 501 Gibson Drive #821, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (8/24/11) $105,000
  3. 501 Gibson Drive #212, Roseville, CA 95678 - 3 bedrooms, 2 baths, 1211 sq. ft. (5/25/11) $139,000

PENDING

  1. 501 Gibson Drive #2313, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (10/11/11) $99,500
  2. 501 Gibson Drive #2524, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (10/5/11) $99,900
  3. 501 Gibson Drive #1712, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (10/12/11) $110,000

SOLD

  1. 501 Gibson Drive #1122, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (9/23/11) $92,000
  2. 501 Gibson Drive #1113, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (9/23/11) $110,000
  3. 501 Gibson Drive #2521, Roseville, CA 95678 - 2 bedrooms, 2 baths, 1016 sq. ft. (8/8/11) $110,500
  4. 501 Gibson Drive #1613, Roseville, CA 95678 - 1 bedroom, 1 bath, 851 sq. ft. (7/29/11) $66,000
  5. 501 Gibson Drive #2612, Roseville, CA 95678 - 1 bedroom, 1 bath, 851 sq. ft. (6/30/11) $75,000
  6. 501 Gibson Drive #2222, Roseville, CA 95678 - 1 bedroom, 1 bath, 851 sq. ft. (6/30/11) $81,500
Real estate activity at The Reserves at Galleria have been steady and strong. With 66% of recent sales being sold to all-cash buyers, these condos remain an attractive option to investors due to their convenient location and (if marketed and priced appropriately) they also rent out pretty quickly.
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BOB & LEILANI SOUZA

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

Souza Realty - Real Estate in Roseville, Rocklin, Lincoln, Loomis and Granite Bay, CA

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Comments(1)

Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Leilani  Your market report on The Reserves at Galleria in Roseville is very professionally prepared.  Buyers and sellers would be fortunate to have your representation in that subdivision

Oct 25, 2011 12:44 PM