I hope you all are enjoying the abundance our bountiful
Sonoma County offers or wherever your travels may be taking you these long, bright, beautiful days.
If you have a septic system,
the below is relevant to
critical changes happening.
I usually go with my clients to the county’s Permit & Resource Management Department during their due diligence time frame when an offer for a country property has been ratified. On a recent trip, we spoke to a couple of sanitarians at the septic & well desk who brought me up to date with new septic system standards going forward, particularly affecting homes near the Russian River and its many tributaries.
I followed up with the Environmental Health Specialist who wrote the manual for these new standards, Bob Swift. According to Bob, the goal for this manual (Onsite Wastewater Treatment System Regulations and Technical Standards aka OWTS Manual) is to update current county regulations to meet new state requirements. The last time we experienced big changes was in the early 90’s so this arrival is not surprising. The impetus for this is based on a recently completed, multi-year, state study on the health of our state’s water bodies. Our Russian River is officially deemed an “impaired water body” due to a variety of issues, septic systems being a significant contributor. Bob says the folks most affected by these new standards will be homeowners of country properties with septic systems that apply for remodel permits. If you own a home near the river or any of it’s tributaries and apply for a permit to remodel your kitchen, for example, it will trigger an evaluation of your septic system to make sure it is functioning optimally. If findings prove otherwise, there are options for homeowners who will be mandated to update their systems that could come at a significant cost, I was told. This is outlined in the link above. It was suggested that these new standards will be implemented in the fall of this year. Whereas you may not be affected,maybe you have a friend who will be.
The Septic & Well Division can be reached at 707-565-1900 for direct questions.
Praises to all the wonderful volunteers and members of these
2 local organizations!
The Western Sonoma Historical Society is a volunteer run nonprofit created to preserve and celebrate the heritage of our dear west county, hosting events and exhibits at the museum on Main Street. They also care for the Luther Burbank Experiment Farm at Gold Ridge, a wonderful place to visit where many of Luther’s breeding specimens are for sale.
Fresh off the press is their 2017 calendar, offering a wonderful pictoral dialogue of Sebastopol over the last 100 years. It will make a great gift and will be for sale at the museum at 261 S. Main Street, or you can call me. I serve on the Board and will have a stack for sale as well.
I have also recently had the honor of becoming a Sebastopol Rotary Club member. I had no idea the extent of their local contributions as well as significant international efforts.
“The object of Rotary is to encourage and foster the ideal of service as a basis of worthy enterprise.”
Our local rotary club supports the community by hosting fundraisers throughout the year to raise monies that are donated to various local organizations and a teacher grant fund. In addition to fundraising, the club offers many well-established Community service projects including Learn to Swim lessons, Reading programs, Interact at the local High School and Middle School, a Dictionary program, Speech Contests, and a Youth Exchange program.
Any other Rotarians out there?
Every Wednesday until Aug 31
Bring a blanket and your friends to this lively and free concert at Ive’s Park in downtown Sebastopol.Food, wine and beer vendors too! See you there sometime!
Discover these glowing creatures in Tomales Bay on an overnight camping trip!
Thursdays – Saturdays until July 23
Performances are on Thursday, Friday, and Saturday evenings at 7 p.m. in the Cannery, an outdoor venue in Santa Rosa’s Historic Railroad Square. Gates open at 5 p.m. Beverages are available for purchase. Bring a picnic, chairs and blankets! More information here
Real Estate Updates
My recent activity in West County & beyond…
158 Avila Lane, Sebastopol, CA
Just Listed at $849,000 & Just Sold at $890,000!
2bed/1bath/3 car garage/barn – 4.88 acres with fruit trees, gardens and space for another home
390 Cahill Lane, Santa Rosa, CA
In Escrow – Buyer Represented – $1,575,000
4bed/4bath/3600sqft/5 acres – tastefully remodeled – additional workshop/garage with 2 extra rooms – serene & private with expansive views
10805 River Dr, Forestville, CA
Recently Sold – Buyer Represented – $435,000
2 bed/1 bath/881 sqft – raised above flood with garage and large storage – tastefully remodeled – expansive and sunny deck with beautiful views
509 Lassen Court, Rohnert Park, CA
In Escrow – Buyer Represented – $524,950
4bed/2bath/1344sqft – .325 acre lot with a park-like setting – end of a culdesac, walking distance to town
Real Estate Trends
Sonoma County vs Sebastopol
Sebastopol’s median sales price is significantly higher than county averages and up by 18% over the last year.
Median Sale Prices
Sebastopol – June 2016 – $850,000
Sebastopol – June 2015 – $696,000
Sonoma County – June 2016- $600,000
Sonoma County – June 2015 – $520,000
What’s going on with interest rates?
My colleague and friend, Jackie Cuneo with Summit Funding, provides us this update. Thank you, Jackie!
Happy Summer everyone! The recent Brexit vote caused some tumult in the financial markets, resulting in a nice opportunity for borrowers to capture some of the best rates we’ve experienced in years in both conforming and jumbo products.
How can you take advantage of today’s rates and new products?
- If you currently have an FHA loan or any loan with mortgage insurance, you may be able to lower your rate and remove the mortgage insurance if value is adequate.
- If you have 2 loans, you may be able to combine them into a single fixed rate to lower payment and stabilize your future payments.
- If you own multiple properties, now is a good time to take a “big picture” view to see whether your debt is allocated in the most advantageous way and that you have loans that make sense for your short term and long term plans. A “loan checkup” can reveal opportunities to save or access equity for improvements.
- If you have been considering purchase of a second home or investment property, lower rates and multiple new products may bring these opportunities even closer. We can finance a second home purchase with just 15% down. Many investment properties require only 20% down, or as little as 3.5% down if you plan to occupy a unit in a multiple-unit property.
- Our new jumbo Elite product now allows purchase of a home with as little as 5% down, loan amount to $1.5 Million. This unique product is a great choice for homebuyers who want to purchase before selling their existing home. This product has no prepayment penalty and also allows us to count rental income on an existing residence to help qualify, even if the property is still being occupied by the homeowner with no lease signed.
- No downpayment? USDA loans allow purchase of primary residence in many areas of Sonoma County, especially West County, with 0% down. FHA programs allow as little as 3.5% down and a gift may be used for the downpayment. These loans may be used to purchase land with a mobile home if it is on a permanent foundation.
Let us know how we can help you buy or improve your piece of Sonoma County!
Jackie Cuneo is a licensed mortgage originator based in San Francisco and Sonoma Counties, NMLS 340022. She and her team work with clients ranging from high net worth individuals to first time homebuyers. Summit Funding is a California Based Direct Mortgage Lender and Mortgage Broker founded in 1995, and funded over $3.5 Billion in residential mortgages in 2015. Reach Jackie at 415-948-5390 or at jackiecuneo.com
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That’s it for now, folks!
I’d love to hear from you.
Give me a call if I can be of service in any way.
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