Need opinions on 4S ranch property – Piggington's Econo-Almanac

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June 13, 2007 at 11:38 AM #9290

meadandale
Participant

A friend of mine, despite my best efforts, is determined to buy a place in 4S ranch.

He’s looking at this property:

http://homes.realtor.com/search/listingdetail.aspx?mlslid=076040793&ml=3&typ=7&sid=4931fe309b21433ebcfdf7bf11e4d354&lid=1081703259&lsn=1&srcnt=1#Detail

I think he’d be crazy to pay the current list price of $707k. I told him that if he REALLY wants to buy there that he should bid MAX low 600’s on this place (even though I know the seller won’t budge this low if $707k is considered ‘reduced’).

I can’t find any sales price info on this house but zillow shows that it was built in 2002 and the houses back then were selling for the 500’s. Seems like said seller is still expecting to make about 40k/yr on their investment.

Any opinions that I can forward to my friend before he makes a big mistake?

June 13, 2007 at 11:48 AM #59031

what_a_disasta
Participant

It’s not a horrible house. If they could afford it and plan to stay there long term, then the economics are not the be all and end all. I doubt it will be a big earner for them in the short medium term.

June 13, 2007 at 11:48 AM #59060

what_a_disasta
Participant

It’s not a horrible house. If they could afford it and plan to stay there long term, then the economics are not the be all and end all. I doubt it will be a big earner for them in the short medium term.

June 13, 2007 at 11:50 AM #59033

PerryChase
Participant

Here’s the sales information.
http://www.sdlookup.com/Property-E3C5F580-10192_Prairie_Fawn_Dr_San_Diego_CA_92127

Looks like a relatively small house for the price. I don’t know 4S but there was a related thread on Fieldstone’s Pienza at 3000sf+ for about the same price. But I heard the Fieldstone home have lower ceilings and are not as well designed as other builder’s houses.

There are other posters here who know 4S well and might comment.

June 13, 2007 at 11:50 AM #59062

PerryChase
Participant

Here’s the sales information.
http://www.sdlookup.com/Property-E3C5F580-10192_Prairie_Fawn_Dr_San_Diego_CA_92127

Looks like a relatively small house for the price. I don’t know 4S but there was a related thread on Fieldstone’s Pienza at 3000sf+ for about the same price. But I heard the Fieldstone home have lower ceilings and are not as well designed as other builder’s houses.

There are other posters here who know 4S well and might comment.

June 13, 2007 at 12:06 PM #59041

5yearwaiter
Participant

I can say it is bit early and going to be wrong decission to ponder 707K on this house especially in this 4S Ranch area much slide is going to be happen. Wait n watch what’s going to be in a year the same price range goes sure for 20% down and there is no doubt.

June 13, 2007 at 12:06 PM #59070

5yearwaiter
Participant

I can say it is bit early and going to be wrong decission to ponder 707K on this house especially in this 4S Ranch area much slide is going to be happen. Wait n watch what’s going to be in a year the same price range goes sure for 20% down and there is no doubt.

June 13, 2007 at 12:08 PM #59045

ocrenter
Participant

this house back up to Camino Del Norte, a main thoroughfare thru 4S + Del Sur.

let your friend know if he likes traffic noise go for it!

June 13, 2007 at 12:08 PM #59074

ocrenter
Participant

this house back up to Camino Del Norte, a main thoroughfare thru 4S + Del Sur.

let your friend know if he likes traffic noise go for it!

June 13, 2007 at 12:24 PM #59080

5yearwaiter
Participant

Ocrenter said true ! the traffic is already a non stop due to Delsur and further. Well then “When you pay for view you also reduce for noice ” – worth

June 13, 2007 at 12:24 PM #59051

5yearwaiter
Participant

Ocrenter said true ! the traffic is already a non stop due to Delsur and further. Well then “When you pay for view you also reduce for noice ” – worth

June 13, 2007 at 9:31 PM #59173

Nancy_s soothsayer
Participant

Dude, If the parcel number is this: 678-540-24-00

Then the total property tax plus mello-roos for 2006-2007 is this: (Public information, in all caps, dude!)

“PROPERTY ADDRESS – DESCRIPTION- SUBDIVISION
TOTAL L&I 513,157
DOCUMENT DATE 11/29/01
EXEMPTIONS
HOMEOWNERS $ -7000
OTHER 0
NET TAXABLE VALUE 506157

PARCEL NO TAX RATE AREA CORTAC NO FIRST INSTALLMENT SECOND INSTALLMENT TOTAL DUE
678-540-24-00 64105 4,067.54 + 4,067.54 = 8,135.08
YOUR TAX DISTRIBUTION
AGENCY BASE RATE TAX AMOUNT
1% TAX ON NET VALUE NET 1.00000 5,061.57
VOTER APPROVED BONDS:
PALOMAR POMERADO HEALTH 2005A – DEBT SERVICE NET 0.01775 89.84
MWD D/S REMAINDER OF SDCWA 15019999 NET 0.00470 23.78
TOTAL ON NET VALUE 1.02245 5175.18

FIXED CHARGE ASSMTS: PHONE
CWA WTR AVAILABILITY 858-522-6900 10.00
MWD WTR STANDBY CHRG 800-755-6864 11.50
SEWER SERVICE CHARGE 760-753-6466 494.00
ASSMT DIST 96-1 760-753-6466 54.48
POWAY UNIFIED CFD#6 800-969-4382 2240.94
MOSQUITO/DISEASE CTR 800-273-5167 6.36
CO MOSQUITO/RAT CTRL 800-273-5167 2.28
FIRE DIST SPEC TAX 858-756-5971 12.50
CSA 83A PARK MAINT 858-694-3026 98.00
CSA 17 EMER AMBUL SV 619-285-6429 23.94
SD CO ST LTG ZONE A 858-571-4261 5.88

TOTAL AMOUNT 8135.08

SAN DIEGO COUNTY 2006-2007 SECURED PROPERTY TAX
For Fiscal Year Beginning July 1,2006 and Ending June 30,2007

Both Installments are paid.
INSTALLMENT DUE DATE DELINQUENT AFTER PAYMENT STATUS AMOUNT
First Installment 12-11-2006 12-11-2006 PAID ON 12/05 4,067.54
Second Installment 04-10-2007 04-10-2007 PAID ON 04/09 4,067.54
Total 8,135.08 ”

The caps are not mine (they were copy/pasted.) Mello-roos is about $2,959.90 based on current assessed value of $506,157.

I know how to do search of public information from the “internets” (a’la Bush), dudes!

June 13, 2007 at 9:31 PM #59202

Nancy_s soothsayer
Participant

Dude, If the parcel number is this: 678-540-24-00

Then the total property tax plus mello-roos for 2006-2007 is this: (Public information, in all caps, dude!)

“PROPERTY ADDRESS – DESCRIPTION- SUBDIVISION
TOTAL L&I 513,157
DOCUMENT DATE 11/29/01
EXEMPTIONS
HOMEOWNERS $ -7000
OTHER 0
NET TAXABLE VALUE 506157

PARCEL NO TAX RATE AREA CORTAC NO FIRST INSTALLMENT SECOND INSTALLMENT TOTAL DUE
678-540-24-00 64105 4,067.54 + 4,067.54 = 8,135.08
YOUR TAX DISTRIBUTION
AGENCY BASE RATE TAX AMOUNT
1% TAX ON NET VALUE NET 1.00000 5,061.57
VOTER APPROVED BONDS:
PALOMAR POMERADO HEALTH 2005A – DEBT SERVICE NET 0.01775 89.84
MWD D/S REMAINDER OF SDCWA 15019999 NET 0.00470 23.78
TOTAL ON NET VALUE 1.02245 5175.18

FIXED CHARGE ASSMTS: PHONE
CWA WTR AVAILABILITY 858-522-6900 10.00
MWD WTR STANDBY CHRG 800-755-6864 11.50
SEWER SERVICE CHARGE 760-753-6466 494.00
ASSMT DIST 96-1 760-753-6466 54.48
POWAY UNIFIED CFD#6 800-969-4382 2240.94
MOSQUITO/DISEASE CTR 800-273-5167 6.36
CO MOSQUITO/RAT CTRL 800-273-5167 2.28
FIRE DIST SPEC TAX 858-756-5971 12.50
CSA 83A PARK MAINT 858-694-3026 98.00
CSA 17 EMER AMBUL SV 619-285-6429 23.94
SD CO ST LTG ZONE A 858-571-4261 5.88

TOTAL AMOUNT 8135.08

SAN DIEGO COUNTY 2006-2007 SECURED PROPERTY TAX
For Fiscal Year Beginning July 1,2006 and Ending June 30,2007

Both Installments are paid.
INSTALLMENT DUE DATE DELINQUENT AFTER PAYMENT STATUS AMOUNT
First Installment 12-11-2006 12-11-2006 PAID ON 12/05 4,067.54
Second Installment 04-10-2007 04-10-2007 PAID ON 04/09 4,067.54
Total 8,135.08 ”

The caps are not mine (they were copy/pasted.) Mello-roos is about $2,959.90 based on current assessed value of $506,157.

I know how to do search of public information from the “internets” (a’la Bush), dudes!

October 18, 2011 at 9:59 AM #730915

Anonymous
Guest

Zestimate®: $559,100

October 18, 2011 at 10:30 AM #730916

tdelamater
Participant

[quote=Nancy_s soothsayer]
The caps are not mine (they were copy/pasted.)[/quote]

http://caseconverter.com/
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