Hi Jill and Alex,
Here are the current search results using the parameters you provided:
I also recommend checking in with a local pro to see if they may be of assistance:
Hope that helps get you started!
-Kim, Community Manager... more
I know of a property that will be availble in August which hasn't gone on the rental market yet. It's a 4 bedroom with a granny unit/home office and has a lovely yard and garden with a built in pool. The price is $3800. Please let me know if you're interested. It is within walking distance to downtown but has a country feel.
I not sure what specific rentals you were asking about but someone who can definitely answer your questions is Jonathan Teeter of Task Property Management. He's a great guy and oversees many, many Sonoma County rentals. His phone # is (707) 579-2013.
Owner-Realtor/Flipper Chick... more
Are you talking about a permanent trade or just for a vacation? If it's just a vacation trade you may want to check out www.homeforxchange.com. I've been a member for a few years and love it. Made some great trades to Washington DC, France, England.... more
Property and Area Description
5403 El Mercado Parkway home for rent:
Wikiup is an upscale area of Santa Rosa, located between the town of Windsor and Santa Rosa, heading north on Hwy 101. Many know this area of town as Lakefield. This home is accessed from the Old Redwood Hwy by turning into the Wikiup community.
You have probably had a chance to see some of the pictures. The home has 3 nice sized bedrooms, a formal dining area, a family room with a fireplace and a living room with large picture windows looking out to the front.
Rent is $1,895. per mo. A deposit of $2,000 is required along with a credit report and any explanations that you have for derogatory remarks that such a report might reveal. We will consider a small pet, but an additional deposit will be required of $400.
The subject property is just one story, so it can accommodate people who might have challenges with stairs. The floor plan flows nicely from the front living room, to the formal dining room that could also accommodate a home office should there be a need. Next to it is the kitchen where all the appliances you would expect in a modern home could be found. This area is separated by a built in breakfast bar/table that divides it from the family room where large glass doors lead to the rear deck… a wonderful place to enjoy a backyard meal.
The master bedroom is in the back. It is the largest of 3 bedrooms and features a big walk-in closet and a private bathroom.
There is an attached garage with an automatic door opener. A laundry area is in the garage that includes a cabinet with a wash sink and a door that goes outside along the side yard.
The fenced in back yard features a nice deck off of the family room and a small storage shed for garden tools and such. It’s perfect for a home gardener.
This is a great neighborhood with lots to recommend it, including easy access to the airport, the 101 freeway and public recreational facilities.
The area attractions that are steeped in history include A Tennis and Swim club that offers a local recreational facility for the whole family. The club offers 3 swimming pools, a diving board, volley ball court, BBQs and picnic facilities. A pro shop and Tennis courts are adjacent to the swimming facility.
There is a nearby public golf course just around the corner at 5001 Carriage Lane. With 18 holes the course has many challenges such as sand, water and trees that are designed into the fairways.
You will find some world renowned wineries and restaurants within a 15 mile radius of the property.
If you are into horses, there are wonderful trails and facilities to explore. Rancho Wikiup is one such place. It was built as a prized thoroughbred horse facility and inn in 1915. Today it offers a wonderful venue for small events or a place for an intimate weekend retreat in the wine country. It could be a great spot for a wedding.
Call me for an appointment to see it. I am a property manager for the owner.
Hart & Co. // Richard at 707-539-2001... more
I don't do rentals but a good friend of mine, Johnathan Teeter, owns "Task Property Management" and they have many rentals throughout Santa Rosa. Try him at 707-579-2013 and he may be able to help you find just what you are looking for. He's a very friendly guy.
Best, Lynn... more
A lot of people use Craig's list to find rentals. They can also try some of the local property Management Companies.
Timely Property Mgt. 707-588-9200 or Hills and Homes 707-585-2913.
you can have them call me direct at 707-794-7325.... more
Property values are starting to go up fast in this area. If you have any interest in buying in this area in the near future, try and rent short term and not sign a long lease. If you have a job waiting or other opportunities, why not consider buying now! Give me a call, I would be happy to see what we could find for you!... more
It is the 2nd best things in life that cost money. Mortgage rates are at record lows so buying in many cases is cheaper that renting... if you can squeeze through the loan process.
Here is a strategy:
Find a seller who is in trouble... facing default and agree to take over the property as is.
A lease with an option to purchase would be ideal. If you can find a seller, with a home that is worth less than the loan, (example the FMV is $300K and the loan balance is $400K) there is a strategy that has worked for others. You agree to rent the home, pay all utilities, taxes and maintenance costs that the current owner pays. The seller pays nothing more on the home as long as you reside in it. You pay everything... and have the right to buy it down the road. Your purchase price will be the loan balance at the time you exercise your option.
This might be more than the FMR (fair market rent) but it gives you the right to buy the home. The option should be for a long term... 10 years. The seller must agree to sell you the home at whatever the current loan balance is at the time you exercise the option. This balance will get less and less over time. We hope the value will go up and up over time.
It is a hedge strategy. The loan should go down a bit every time the rent is paid (rent is equal to the principal, interest, taxes and insurance (PITI). The hope is that the home will go up in value over the time you live there. You will be able to control the property, do with it what you want. YES Virginia... you can have pets.
The seller will be able to salvage their credit, not worry about the property and get a tax deduction for depreciation.... more