[quote=sdrealtor]Isnt Eastern Chula Vista the home of obscene Mello Roos and HOA fees?[/quote]
For sfr’s only:
BVHS attendance area – 85% no MR (1/3 of MR street bonds only – avg $80 mo), annual HOA only (abt $450).
Eastlake attendance area – 85% with MR (65% low to moderate; 35% high); 90% HOA with 1/4 of these encumbered by 2 HOAs.
Olympian attendance area – 100% MR (80% moderate, 20% obscene), 90%+ HOA encumbered.
Otay Ranch attendance area – 100% MR (90%+ obscene), 90%+ HOA encumbered.
Hilltop/BVHS “swing area” of Terra Nova has no MR but is HOA encumbered <$100 mo.
Consider that the "obscene" amount of annual MR for a $535K house in Otay Ranch of the same age and with exactly the same "Tuscan" building style, square footage and lot size as a $650K+ house in 4S Ranch may be substantially less than the “obscene” amount charged in 4S.
Every homebuyer with a family should do this math to see exactly what they are getting for ALL the money they will be spending and take ALL the schools in the respective attendance areas into account. That is … the ones willing to pay MR to reside in particular attendance areas.
In the BVHS attendance area, there is largely no MR, except in the tracts immediately surrounding Rancho Del Rey Middle. (Most of the 20 year-old tracts behind BVMS are nearly finished paying off their street bonds.) HOWEVER, based upon what I’ve read there, most Piggs wouldn’t care for the inventory there. It is zoned >=3 units to an acre, the average age is 30+ years old and many of the lots there would NOT be considered “low maintenance.” And some areas are on septic. For the handy Piggs, it’s a contractor’s and entertainer’s dream ….
break out the chain link and porta pottis … there are still some good buys in 91902, IMO :=]
