Home Buying in 93012>Question Details

Barbbeard, Both Buyer and Seller in Maryland

What will mobile homes like those on Tahquitz Drive be worth in the next year?

Asked by Barbbeard, Maryland Thu Oct 25, 2007

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10
It's never easy to say what the prices will be next without giving a price range. I see that last year the prices were in the high 100k and now they are selling in the low 200k.
0 votes Thank Flag Link Thu Dec 29, 2011
There is a mix of units in that complex. Some coaches are much newer and some include the property. The new coaches that have the property included seem to be holding their value and some are starting to increase slightly. I hope this helps.
0 votes Thank Flag Link Tue Dec 14, 2010
Barbbeard,

Here's another update: The Mobile Home in the Rancho Adolfo Mobile Estate located at 77 Caleta Drive (#159) is in a NOD status, and now also has an offer (Contingent-Back Up) as of yesterday. The Buyers and Sellers will need to wait for the Lender Approval of a Short Sale for the Camarillo mobile home. Make it a great week! The link below is good for 30 days.
0 votes Thank Flag Link Sun Sep 21, 2008
Barbbeard in Maryland,

As I mentioned last week, i now have helped a client identify and purchase the mobile home at 190 Rancho Adolfo Drive here in Camarillo. The property is now "Contingent-Back Up" -- waiting for my Buyer to remove their contingencies after performing their due-diligence.. Prior to the close of escrow, the mobile home will be converted to real property, with a "Certificate of Occupancy" being issued. This process will save my Buyers hundreds of thousand of dollars by enabling them to finance the entire property as "real property".
0 votes Thank Flag Link Sun Sep 21, 2008
Hello Barbbeard again,
Here's the latest update for the Rancho Adolfo Mobile Home Park in Camarillo, with a detailed link shown below... I have a Buyer for one of these units and we should be in escrow by early this week. Contact me at your convenience should you desire further information:

* Sold
07/17/08 $211,000 DOM 32 "223 Calle Fronte" Camarillo > 2 + 2 1344sf. 4099sf lot
* Sold
06/17/08 $239,900 DOM 36 "73 Caleta Dr" Camarillo > 2 + 2s 1440sf, 3610sf lot

Active
07/23/08 $270,000 DOM 52 "120 Tranquila Dr" Camarillo > 2 + 2 1776sf, 4764sf lot

Active
07/16/08 $262,500 DOM 59 "160 Tahquitz Dr" Camarillo > 2 + 2 1440sf, 4548sf lot

Active
07/08/08 $229,000 DOM 67 "190 Rancho Adolfo Dr" Camarillo > 2 + 2 1440sf, 3578sf lot

Active
05/24/08 $245,000 DOM 112 "242 Talud" Camarillo > 2 + 2 1440sf, 4643sf lot

Active
04/29/08 $220,000 DOM 137 "77 Caleta Dr" Camarillo 45 2 + 2 1440 4431
0 votes Thank Flag Link Sat Sep 13, 2008
Barbbeard,
Here's the current link to the Rancho Adolfo MHP listings. Five homes are now actively listed and 4 have sold since the end of February '08. The low $200s is still the trend for these properties. Enjoy your summer!
0 votes Thank Flag Link Fri Aug 1, 2008
never done a mobile home purchase. are we talking about trailers? they have blue book values, right? like cars? they depreciate in value, right? like cars? generally they rent the land - the land is the real estate. i guess in some areas you own the lot, but the few of these we still have in Loudoun County VA (near Dulles) are definately land rentals. Also - when (and they will) the owners sell the land for development, the mobile homes have no place to go, because some can't be moved and others simply can't find a place where zoning allows them. Be careful with this type of purchase, It is not a true REAL ESTATE transaction.
0 votes Thank Flag Link Thu Jul 3, 2008
Hello again Barbbeard in Maryland,

i haven't forgotten about you... I hope this finds you in good health and good spirits! I have attached a link to recent activity in the Rancho Adolfo Mobile Home Park. It appears that prices for active listings are now in the low $200s. Were you planning to explore the wonderful city of Camarillo anytime soon? I will be happy to email additional photos or check into financing for you as well....
Have a wonderful 4th!!
0 votes Thank Flag Link Thu Jul 3, 2008
I am a REALTOR specializing in Camarillo Real Estate. I am currently working with another mobile home buyer, Cassidy, who is having a bit of difficulty getting financed. We should know by this week if she's approved -- and, then, which mobiles will actually qualify for the financing. I have another lender available if this current one is unsuccessful.

The Rancho Adolfo Mobile Estates currently have six (6) active listings ranging from $169,000 to almost $375,000. In answer to your specific question, I think it depends a lot on how motivated the seller is, what condition the home is in and how liberal the lender(s) are. I pride myself in assisting buyers to negotiate the absolute best price and terms on Camarillo real estate. Afterall, we've all seen the "ceiling" and are unsure of where the "floor" is.

you can have FREE access to ALL LISTINGS in Camarillo (including Mobile/Manufactured Homes) from my website: http://www.FindCamarilloHomes.com -- The link to active Mobile Listings can be found at: http://www.findcamarillohomes.com/ourteam.aspx (Click on "Camarillo Manufactured/Mobile Homes").

I will be happy to discuss your particular needs at your earliest convenience. I can be reached toll-free Mondays and Wednesdays from 9:30am to 3:00pm at my office number indicated on my website. If you'd like, I will email you all the current Active, Pending and Solds -- so you have the information necessary to make a wise decision. Good Luck!! ~ Barry@FindCamarilloHomes.com
0 votes Thank Flag Link Sun Dec 9, 2007
Sometimes there are areas, where Trulia might not a have local agent in your community to answer correctly. I always suggest calling some local realtors and asking them to help you out. You would be amazed how talkative, and informative they can be.

Good Luck
0 votes Thank Flag Link Fri Oct 26, 2007
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