[quote=SK in CV][quote=bearishgurl]
Okay, is each one on sts facing Mission Bay (whether or not the home’s orientation faces the bay) or in “Princess Del Cerro” (facing south or SE, towards SDSU).
Thx.[/quote]
In Del Cerro, not Princess Del Cerro. For people that grew up there in the 60’s, the two are not the same, though the orientation of the homes is not dissimilar. Most streets in both neighborhoods run generally from east to west, so the front of the homes face either north or south depending on which side of the street they’re on. Very few homes in Del Cerro face the bay, except for a handful up on the hill. The bay is more than 10 miles away. SDSU is due south of almost all of the west side of Del Cerro and due south of all of Princess Del Cerro.[/quote]
Okay, then your mom’s home and your sister’s home are not too dissmilar in value. Your sister must have truly loved her home not to want to have your mom’s home for $3500 yr less (for now … much more as the years go by) in taxes.
SK, per chance, did your mom’s death occur in one of the years where property values were down (2008-2011)?
Thx, and sorry for so many questions. I’m not trying to make any “identification” here and have no way of doing so. I’m just trying to understand the motivation of typical “CA heirs” who pass up an oppt’y for severely-lowered property taxes for the balance of their lifetimes and going forward … and on a property in a very decent neighborhood, at that!