Nantucket Village Townhomes with Garages in Covina 91722

By
Real Estate Agent with Coldwell Banker Residential Brokerage CalBRE #01165532
http://activerain.com/droplet/52wZ

Nantucket Village

Townhomes with Garages in Covina 91722

 

A Market Update

 

Nantucket Village Townhomes For SaleThis is a real estate market activity report for the Nantucket Village townhome complex in Covina zip code 91722.  I will share information for
activity so far in 2017 with a recap of sales for the previous five years. Statistical information in this report has been gathered from our local multiple listing service(mls) and may not include all transactions in the development.  

 

Nantucket Village Covina Townhomes With GaragesThe gated complex with its Cape Cod-inspired architecture consists of 76 two story townhomes in a variety of floor plans ranging in size from one bedroom/one-and-one-half baths to two bedrooms/two baths and a loft area. Each Nantucket Village townhome has direct access to a private two car garage.  Other features in the units include:  vaulted ceilings, fireplaces(in some plans), patio areas and washer-dryer connections.  

 

Nantucket VillageTownhomes with Garages in CovinaThe nicely maintained complex has extensive mature landscaping with a pool, spa and lounge area.   There is guest parking within the complex.  

 

The location of Nantucket Village in Covina is east of the San Gabriel River(605) Freeway between the Foothill(210) and San Bernardino(10) freeways and located off Azusa Avenue. Covina is in the San Gabriel Valley of Los Angeles County and is about 26 miles from Downtown Los Angeles. The Covina Metrolink station is about two miles away.  It is less than five miles from Citrus College as well as Azusa Pacific University both of which are very close to a Gold Line light rail station which opened in 2016. There is shopping, dining and entertainment options nearby as well as in Downtown Covina.  

 

Nantucket Village Townhome With Garage in Covina

 

  • There is currently one Nantucket Village townhome on the market for sale. Newly listed is a one bedroom/one-and-one half bath loft floor plan with approximately 827 square feet priced at $275,000.   There is a two bedroom/two bath unit that is temporarily on hold according to the listing agent.   There have been no sales reported so far in 2017 according to mls statistics.

 

  • In 2016, there were three mls-reported closed transactions.  Each was a two bedroom/loft floor plan with approximately 1335 square feet.  They sold between $320,000 to $346,000 with an average sales price of $333,667(median sales price $335,000).   Each sold above their last list price for an average 101.42% and for $249.94 per square foot.   

 

  • There were no closed transactions reported in the complex in 2015.

 

  • There were two reported sales in 2014.  In March a two bedroom floor plan closed for its last list price of $289,000 and in September a one bedroom loft style unit sold for $227,000(last list price $229,000).   

 

  • In 2013, there were eight sales ranging from $188,500 to $310,000 with an average price of $253,750(median $270,750).  All but one sold at or above last list price for an average 102.63% and for $223,35 per square foot.   The low sale was a one bedroom loft floor plan which was a short sale with a notice of default filed and was a cash transaction.  

 

  • There were six closings in 2012.   The transactions covered a variety of floor plans and ranged from $163,000 to $247,000 with an average of $213,583(median $219,500).  All but one sold at or above last list price for an average 99.84% and for $188.87 per square foot.  

 

What is My Covina Townhome Nantucket Village Worth

 

While prices have increased in recent years, this Covina townhome complex remains an excellent value.  Although limited, there are some new and newer construction townhomes and single family homes in the area at higher prices which I believe puts Nantucket Village at an advantage with more land associated with the complex and very competitive pricing when units are available.  

 

If you are a prospective buyer or an owner thinking of selling a Nantucket Village townhome, more detailed information is necessary for crafting an offer to purchase or establishing the best possible marketing strategy in order to be successful in today’s market.  In addition to the size, I suggest reviewing condition, updates(or lack thereof), location within the complex, emotional appeal and timing.

 

If you would like to know more about Nantucket Village or any San Gabriel Valley real estate, let’s discuss what is important to you.  I can be reached at 818.516.4393 cell.  Let’s discuss what is important to you.

 

Published:  March 27, 2017

 

Nantucket Village

Townhomes with Garages in Covina 91722

 

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Rainmaker
2,733,707
Sally K. & David L. Hanson
Keller Williams 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce - Short Sale

WOW.....such a price in California...buyers will be beating a path to your door Michael Jacobs  to be the next residents at Nantucket Village Townhomes !

Mar 27, 2017 04:49 AM #2
Rainmaker
4,204,312
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Michael.  The name makes me think of New England.  I wonder if there are some transplants that live these Nantucket Village townhomes.

Mar 27, 2017 04:57 AM #3
Rainmaker
654,491
Nick & Trudy Vandekar, 610-203-4543
Long & Foster Real Estate Inc 610-225-7400 - Devon, PA
Tredyffrin Easttown Realtors, Philly Main Line

What a lovely looking complex and your photos make me think it is in New England although there are some clues in there that it is not. Having access to the garages must be a desirable feature buyers like.

Mar 27, 2017 05:23 AM #4
Rainmaker
2,605,119
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Good morning Michael. The price point alone should have buyers lined up for an opportunity to be an owner in the Nantucket Village Townhome complex! Enjoy your day!

Mar 27, 2017 05:30 AM #5
Rainmaker
3,486,876
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Michael, had not heard of Covina before, so nice presentation of Nantucket Village, and looks like a great option for an affordable townhome yet close to downtown.

Mar 27, 2017 05:34 AM #6
Rainmaker
2,814,287
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

A nicely maintained community is what buyers will find when they call and hire Michael Jacobs to show them the 1 bedroom townhouse now available at Nantucket Village in Covina!

Mar 27, 2017 05:35 AM #7
Rainmaker
850,293
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Michael Jacobs - You are always rekindling fond memories. My first home was located off Azusa in West Covina (Woodside Village) and we constantly were running errands and visiting our favorite resturant Northwoods Inn in Covina 22. These townhomes are a real find for buyers who want to be located in this area and of course they will need your representation to get the very best deal.

Mar 27, 2017 06:06 AM #8
Rainmaker
2,859,037
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Sheri Sperry - MCNE® --- someone was mentioning North Woods Inn(there's a location in San Gabriel) the other day -- it's been many years since I've been there.  

 

Mar 27, 2017 07:05 AM #9
Rainmaker
3,687,814
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Michael,

What a nice profile of the Natucket Village in Covina.  It does have a bit of the Nantucket feel.  It has been years since we were out that way.  On Ron's mother's side, she had a cousin who was a doctor and lived in Covina, and every so often, there would be a family affair there.  It is a very nice area, and I hope you sell that available unit.  A

Mar 27, 2017 07:11 AM #10
Rainmaker
1,500,709
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good Morning Michael - Nantucket Village Townhouses are beautiful and really priced well.

Mar 27, 2017 08:56 AM #11
Rainmaker
1,981,241
Elizabeth Weintraub Sacramento Real Estate Agent, Top 1% of Lyon Agents
Lyon Real Estate - Sacramento, CA
Put 40 years of experience to work for you

HI Michael: No wonder I am drawn to the Nantucket Village townhouses as the second home we bought is also blue and white. There is something about that Cape Cod design I really love. And the landscaping is gorgeous. It shows pride of ownership in that community, and the prices, well, hey, the prices are on par with Sacramento, which means to me they are extremely affordable. Unlike other communities you have shown us near Pasadena.

Mar 27, 2017 09:00 AM #12
Ambassador
2,289,600
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

This community is just neat as a pin.  Everything is pruned perfectly and the white fence is pristine.

Mar 27, 2017 10:27 AM #13
Ambassador
2,675,647
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

Few people here on ActiveRain can paint a picture of a development the way you do Michael Jacobs. Your market reports are a work of art and stand the test of time.

Mar 27, 2017 10:47 AM #14
Ambassador
2,618,839
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Michael - Excellent market report for a very lovely townhome development, and the pricing is certainly attractive.Interested buyers should contact you for a full understanding of this opportunity.

Mar 27, 2017 12:57 PM #15
Ambassador
3,270,938
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Michael- what a different look for your area! Love the Nantucket look and the fact that they have their own garages!!!   You always prove that you have a great understanding of your local market. 

Mar 27, 2017 02:17 PM #16
Rainmaker
1,367,409
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hi Michael, love the Cape Cod inspired architect of Nantucket Village in Covina. I suspect that one available unit will be under contract in a short time, hope you are the one to assist that one lucky buyer.

Mar 27, 2017 02:40 PM #17
Rainmaker
1,306,489
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Michael, excellent overview of the Nantucket Village townhome neighborhood  in Covina. Sure looks like an affordable option close to the city. Buyers better contact you before the one property that's for sale is already gone. Your expertise is exactly what they need working on their behalf.

Mar 27, 2017 05:04 PM #18
Ambassador
3,632,221
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

There has not been a lot of activity in Nantucket Village the last few years. That is a sign that homeowners like it and want to stay.

Mar 27, 2017 08:05 PM #19
Rainmaker
3,233,665
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Michael

The Nantucket Village Townhomes with Garages in Covina California 91722 are in a very nice setting.

Good luck and success.

Lou Ludwig

Mar 27, 2017 09:10 PM #20
Rainmaker
2,859,037
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Thank you very much for stopping by and your comments on this update for the Nantucket Village townhome community in the city of Covina.  

Mar 28, 2017 07:56 PM #21
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Rainmaker
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Michael Jacobs

Los Angeles Pasadena Area Real Estate 818.516.4393
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