Better Location for Resale in Irvine

[Irvinecommuter]

Quick question.  Generally, what's the difference in Mello Roos between SG and PP, assuming the same size house?

I'm sure that has been answered elsewhere, but if somebody knows that difference off the top of their head, that would be great.

Sagewood:

Approximate Tax rate: 1.16%

Approximate Mello Roos (aka Community Facilities District tax): range from $5,902 ? $6,934, subject to an increase by 2% per year

http://www.irvinehousingblog.com/2014/01/31/a-review-of-the-sagewood-tract-at-pavilion-park/

Arcadia: 1.45%
http://www.irvinehousingblog.com/20...the-arcadia-tract-at-stonegate-residence-one/

Mendocino: 

Base Property Tax: 1.05%

AD Tax: $2,246 per year

CFD Tax: $1,700 per year

Other Taxes: $160 per year

Overall Effective Tax Rate: Approximately 1.6% (amounts are estimates based on info currently available from the City of Irvine and Irvine Unified School District)

http://www.irvinehousingblog.com/2012/11/01/a-review-of-the-mendocino-tract-at-stonegate/

Anyone know if PP mello roos went up?  I assume not since it built up.

 

[paydawg]

I looked at a couple properties that sold in Q4 of last year.  1 in SG and 1 in PP, with similar square footage, but PP had a bigger lot. 
https://www.redfin.com/CA/Irvine/76-Haviland-92620/home/58556994
https://www.redfin.com/CA/Irvine/135-Cardinal-92618/home/51683001

That PP home has higher MR and HOA dues each year that total to about $4,100 extra per year.  I'd need an extra $102K (earning 4%/year interest) just to payoff that extra $4,100 each year!  That drives the cost of that Cardinal home up to about $508/sq ft.  The SG home sold for $480/sq ft. 

The extra $28/sq ft so you can increase your lot size by a total of 1,600 sq ft. seems way too much for me.  If you have the extra disposable income to afford that, than more power to you.  I personally cannot.  I'd stick with SG. 

 

[bones]

I looked at a couple properties that sold in Q4 of last year.  1 in SG and 1 in PP, with similar square footage, but PP had a bigger lot. 
https://www.redfin.com/CA/Irvine/76-Haviland-92620/home/58556994
https://www.redfin.com/CA/Irvine/135-Cardinal-92618/home/51683001

That PP home has higher MR and HOA dues each year that total to about $4,100 extra per year.  I'd need an extra $102K (earning 4%/year interest) just to payoff that extra $4,100 each year!  That drives the cost of that Cardinal home up to about $508/sq ft.  The SG home sold for $480/sq ft. 

The extra $28/sq ft so you can increase your lot size by a total of 1,600 sq ft. seems way too much for me.  If you have the extra disposable income to afford that, than more power to you.  I personally cannot.  I'd stick with SG. 

Wow - that Haviland house was asking $1.98M when it was listed?

 

[Kings]

I looked at a couple properties that sold in Q4 of last year.  1 in SG and 1 in PP, with similar square footage, but PP had a bigger lot. 
https://www.redfin.com/CA/Irvine/76-Haviland-92620/home/58556994
https://www.redfin.com/CA/Irvine/135-Cardinal-92618/home/51683001

That PP home has higher MR and HOA dues each year that total to about $4,100 extra per year.  I'd need an extra $102K (earning 4%/year interest) just to payoff that extra $4,100 each year!  That drives the cost of that Cardinal home up to about $508/sq ft.  The SG home sold for $480/sq ft. 

The extra $28/sq ft so you can increase your lot size by a total of 1,600 sq ft. seems way too much for me.  If you have the extra disposable income to afford that, than more power to you.  I personally cannot.  I'd stick with SG.

The curb appeal on that PP home wins out all day against that SG stucco box.

 

[Zion]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.
if i had enough money to full cash buy, then i might choose parasol park from these.
if not from these, then hidden canyon or turtle rock.

 

[Burn That Belly]

x

 

[Kings]

When it comes time to do roofing one day, I'm going to find guys way out in the boonies.

careful you don't go too far out in the boonies
https://www.youtube.com/watch?v=xw5n-5uoGbU

 

[Burn That Belly]

x

 

[nosuchreality]

When it comes time to do roofing one day, I'm going to find guys way out in the boonies.

careful you don't go too far out in the boonies

My roof ain't like that. It's clay roof. More idiot proof. I would go way out in the boonies but make sure that they have 5-star yelp reviews and 500 instagram followers ;D

Thats the $49.99 promote your business package out of Mumbai


Yiu could go with that Irvine firm but they cost more.

 

[Happiness]

No, everything has a price and some things I am not willing to pay for.

#whoami

Seriously...is there a reason why you feel the need to continue with this discussion?  I could share about the fun that I had with my kids by walking to the park, having dinner next to the pool, and watching them play in the pool without lifting a finger to clean the grill or patio furniture.

Park is fine if you don't mind grilling in someone else's filth and lugging all of your food, drinks, and supplies to the park since there is no prep area at the park, no storage, no warming drawer, no bbq island, no sink, no fridge, no pot burners etc. Not to mention that every 15 minutes you have to remember to reactivate and relight the grill with your key fob. Also, how can you grill without enjoying a fine brew (no glass containers at the park).

 

[Irvinecommuter]

No, everything has a price and some things I am not willing to pay for.

#whoami

Seriously...is there a reason why you feel the need to continue with this discussion?  I could share about the fun that I had with my kids by walking to the park, having dinner next to the pool, and watching them play in the pool without lifting a finger to clean the grill or patio furniture.

Park is fine if you don't mind grilling in someone else's filth and lugging all of your food, drinks, and supplies to the park since there is no prep area at the park, no storage, no warming drawer, no bbq island, no sink, no fridge, no pot burners etc. Not to mention that every 15 minutes you have to remember to relight the grill with your key fob. Also, how can you grill without enjoying a fine brew (no glass containers at the park).

We do very basic BBQ or just bring food there to eat.  Paper plates and plastic silverware...throw everything away at the end of the day.

Plenty of people drink at the pool.  I don't drink.

 

[irvinehomeowner]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.

Another BTB victim.

 

[eyephone]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.
if i had enough money to full cash buy, then i might choose parasol park from these.
if not from these, then hidden canyon or turtle rock.

But the trailer homes across the streeet. Jk

 

[Burn That Belly]

x

 

[Liar Loan]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.
if i had enough money to full cash buy, then i might choose parasol park from these.
if not from these, then hidden canyon or turtle rock.

But the trailer homes across the streeet. Jk

The trailer homes are actually unicorns. Where can you find "Irvine living" for only $350K these days? The Groves is where you find it! You get to reap in all the benefits without paying exorbitant MR and HOA. Not to mention, it's GATED!!!!  And it's zoned to NW high! hahaha ;D

3bed for $350K. WOW. This is 1996 prices in Irvine.https://www.redfin.com/CA/Irvine/5200-Irvine-Blvd-92620/unit-223/home/5977177

Only a fool would pass this place up and pick Travata.

Without any space rent, that's actually one of the better mobile home deals in Orange County.

 

[Burn That Belly]

x

 

[Kings]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.
if i had enough money to full cash buy, then i might choose parasol park from these.
if not from these, then hidden canyon or turtle rock.

But the trailer homes across the streeet. Jk

The trailer homes are actually unicorns. Where can you find "Irvine living" for only $350K these days? The Groves is where you find it! You get to reap in all the benefits without paying exorbitant MR and HOA. Not to mention, it's GATED!!!!  And it's zoned to NW high! hahaha ;D

3bed for $350K. WOW. This is 1996 prices in Irvine.https://www.redfin.com/CA/Irvine/5200-Irvine-Blvd-92620/unit-223/home/5977177

Only a fool would pass this place up and pick Travata.

Without any space rent, that's actually one of the better mobile home deals in Orange County.

And no yard to worry about!

 

[WTTCHMN]

The trailer homes are actually unicorns. Where can you find "Irvine living" for only $350K these days? The Groves is where you find it! You get to reap in all the benefits without paying exorbitant MR and HOA. Not to mention, it's GATED!!!!  And it's zoned to NW high! hahaha ;D

3bed for $350K. WOW. This is 1996 prices in Irvine.https://www.redfin.com/CA/Irvine/5200-Irvine-Blvd-92620/unit-223/home/5977177

Only a fool would pass this place up and pick Travata.

Don't forget all the amenities - pools, spa, gym, community garden, putting green, lawn bowling, bocce ball....

sounds like GP without all the mello-roos. 

 

[Zion]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.
if i had enough money to full cash buy, then i might choose parasol park from these.
if not from these, then hidden canyon or turtle rock.

But the trailer homes across the streeet. Jk

The trailer homes are actually unicorns. Where can you find "Irvine living" for only $350K these days? The Groves is where you find it! You get to reap in all the benefits without paying exorbitant MR and HOA. Not to mention, it's GATED!!!!  And it's zoned to NW high! hahaha ;D

3bed for $350K. WOW. This is 1996 prices in Irvine.https://www.redfin.com/CA/Irvine/5200-Irvine-Blvd-92620/unit-223/home/5977177

Only a fool would pass this place up and pick Travata.

Without any space rent, that's actually one of the better mobile home deals in Orange County.

It's perfect for irvinecommuter! He doesn't need a yard nor a driveway. He can walk across the street to EW and utilize their common areas for free. Sneak into the pool, bbq, etc.

don't you have to be over 55?

 

[eyephone]

i like bigger yard better than no yard. i prefer traditional home styles than modern...
however...
based on what i've read from talkirvine and seen from redfin and zillow sales history, the resale might be the easiest at eastwood, then following stonegate, cypress village, and pavilion park. it might really depend how it's priced though. i don't live in any of those villages so i'm not biased.
if i had enough money to full cash buy, then i might choose parasol park from these.
if not from these, then hidden canyon or turtle rock.

But the trailer homes across the streeet. Jk

The trailer homes are actually unicorns. Where can you find "Irvine living" for only $350K these days? The Groves is where you find it! You get to reap in all the benefits without paying exorbitant MR and HOA. Not to mention, it's GATED!!!!  And it's zoned to NW high! hahaha ;D

3bed for $350K. WOW. This is 1996 prices in Irvine.https://www.redfin.com/CA/Irvine/5200-Irvine-Blvd-92620/unit-223/home/5977177

Only a fool would pass this place up and pick Travata.

It?s like the jail to baker ranch. (Don?t want to see it)