Mohr Park

WE KNOW MOHR PARK and WE KNOW THIS MARKET

My name is Roy Dronkers with Keller Williams Realty.  I’ve been a Pleasanton Realtor since 1986.  My family and I lived in Mohr Park some years ago.  Quite a few years ago, we participated along with other Mohr Park families in working with the City Of Pleasanton in the design and development of the Nielson Community Park at the corner of Kamp and Stoneridge Drive.  Mohr Park has and continues to be a wonderful community to live and raise a family.

I’ve represented over 50 families in the purchase or sale of their Mohr Park home over the last several years.  I would like to introduce my Realtor partner Farida Chapman.  Farida is a top-notch professional fluent in Mandarin, Cantonese and Indonesian.  Along with our Mortgage partner, Diane Koizumi, we are excited to provide you with timely updates about this neighborhood.

There is a tremendous amount of calamity in the real estate market right now.  Consequently, there is a lot of apprehension and many misconceptions that are pervading the local marketplace.

With our knowledge and experience, we can help you navigate through the current turbulence.

Time to sell or wait it out? We’ve got some strategies for you.

Having difficulty making your mortgage payments? We’ve got access to legitimate mortgage modification programs that will help you re-negotiate your payments with your current lender.  Email us or give us a call.

Snapshot History of Mohr Park

Did you know that Mohr Park consists of 335 homes built between 1985 and 1990?  The development was built by Shea Homes in three Communities:

  • The Gardens of Mohr Park offered 4 models and were built from 1985 to 1988. 198 homes were built with original starting prices from $135,000 for the two bedroom Dahlia model to $155,000 for the three bedroom Iris model.
  • The Glens of Mohr Park offered 3 models and were built from 1988 to 1990. 80 homes were built with original starting prices of $174,000 for the two bedroom Calliope model to $194,000 for the three bedroom Rivoli model.
  • The Estates of Mohr Park were built form 1990 to 1992. 57 homes were built with original starting prices of $382,000 for the single story Paloma model to $437,000 for the 5 bedroom Gibson model.

Mohr Park Testimonial

This is the third time we’ve worked with Roy to represent us in the purchase or sale of a home. Most recently we purchased a home here in Mohr Park. Roy did an outstanding job of helping us navigate through this changing market and directing us to make a prudent purchase. During the course of the transaction Roy and his staff were constantly in touch with us to keep us updated with timely progress reports.  Roy was always personally available to speak to me or would return my calls promptly. When he discovered some repairs that were not completed properly, Roy was persistent with the repair company until the work was completed to our satisfaction.

Roy is a Realtor with the highest standard of professionalism, sincerity and integrity.  We will use Roy again and will highly recommend him to others. - Dave and Laura Strother

Mohr Park Market in a Minute-April 2009

How many homes are on the market in Pleasanton?

As of 4/29/2009, there were 242 single family homes available for sale in Pleasanton.  Since the beginning of this year the inventory is increasing at a pattern consistent with the 1st quarter of the last two years.  By mid April the inventory had increased to 255.  However, the last two weeks of April have seen strong sales activity with 60 “pending” transactions in April.

 

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan09

Feb09

Mar09

255

256

283

261

252

234

222

180

197

234

242

 

How many homes are on the market in Mohr Park?

As of 4/29/2009, only three homes are available for sale in Mohr Park.  This includes the Glens, the Gardens and the Estates of Mohr Park.  Unfortunately the two homes on Rheem Drive are “short sale” transactions so both prices are far below market value.

1924 Rheem Dr

$495,000

15 days on mkt

Aster model

(The Gardens)

1481 SF

3 bedrooms

2.5 baths

*Short sale

1923 Rheem Dr

$475,000

5 days on mkt

Iris model

(The Gardens)

1745 SF

4 bedrooms

2.5 baths

*Short sale

1956 Palmer Dr

$1,029,888

257 days on market

Paloma

(The Estates)

2566 SF

3 BR plus Den

3 baths

 

·         *Short Sales are distress sales where the current owners mortgage debt exceeds the current market value.  Negotiations are in progress with the lender to accept less than the amount owed to complete the sale and avoid foreclosure.

How many homes have gone “pending” in Pleasanton in 2009?

 

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Jan09

Feb09

Mar09

55

50

44

52

58

31

22

25

33

30

43

As of 4/29/2009 60 homes have gone to “pending” status during the month of April. This will represent the highest number of monthly “pendings” since April of 2008.

How many homes have gone “pending” in Mohr Park?

1987 Rheem

List Price $519,000

Sales Price

 

Calliope

(Glens)

1314 SF

2 BR

2.5 Bath

COE Date

6/2/2009

2092 Eilene Dr

 

$599,750

 

 

Woodstar

(Glens)

 

1586 SF

 

3 BR

 

3  Bath

COE Date

5/31/2009

2223 Oakland

$525,000

Short sale

Woodstar

(Glens)

1586 SF

3 BR

3 BATH

COE DATE

?

 

No Mohr Park homes have closed escrow thus far in 2009.