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ocrenter
ParticipantJim the Realtor did a post on Stonebridge recently:
ParticipantLow $1 million for 4000+ resales in scripps is the going rate, regardless of whether there are over the top wrought iron staircases. Just saying you got to factor in the big discount in price before the crying and screaming regarding the MR and HOA.
Not going to get into another long argument with BG. It is bad for my mental well being.
ParticipantLow $1 million for 4000+ resales in scripps is the going rate, regardless of whether there are over the top wrought iron staircases. Just saying you got to factor in the big discount in price before the crying and screaming regarding the MR and HOA.
Not going to get into another long argument with BG. It is bad for my mental well being.
ParticipantLow $1 million for 4000+ resales in scripps is the going rate, regardless of whether there are over the top wrought iron staircases. Just saying you got to factor in the big discount in price before the crying and screaming regarding the MR and HOA.
Not going to get into another long argument with BG. It is bad for my mental well being.
ParticipantLow $1 million for 4000+ resales in scripps is the going rate, regardless of whether there are over the top wrought iron staircases. Just saying you got to factor in the big discount in price before the crying and screaming regarding the MR and HOA.
Not going to get into another long argument with BG. It is bad for my mental well being.
ParticipantLow $1 million for 4000+ resales in scripps is the going rate, regardless of whether there are over the top wrought iron staircases. Just saying you got to factor in the big discount in price before the crying and screaming regarding the MR and HOA.
Not going to get into another long argument with BG. It is bad for my mental well being.
Participant[quote=CA renter]Holy cow…almost $6,000/yr Mello-Roos!?!?!?!?!?
Add to that $177 (IIRC) in HOA fees, and that house would only be a “good deal” if it were priced at $200K.
Sorry, no way anyone should ever have to pay fees like that on their “own” home.
Add property taxes on top of that, and you’re really screwed.[/quote]
everything has to be in prospective.
nearby south of pomerado home built in ’85 that’s slightly smaller at 4500 sqft recently sold for 1.025 million. with HOA of $235 per month.
http://www.sdlookup.com/MLS-110030145-11645_Caminito_Magnifica_San_Diego_CA_92131
so let’s do some math.
at 20% down ($205000), south of pomerado home will incur $4033 per month of mortgage payment. monthly property tax and HOA equals $1174, total monthly cost of $5200.
the stonebridge home, with the same downpayment of $205000, will be at 25% down. mortgage will be $2955. monthly property tax and HOA and MR equals $1400, total monthly cost would be $4365.
despite the high MR, the monthly cost is still almost $1k less than more established areas of Scripps.
today if other 4000+ sqft homes in the Scripps and Poway area are going for $300k, then yes, this house should be $200k.
I know some folks automatically scream and run when they see large MR. and this is when you capitalize on that screaming and running. look at the final numbers and decide for yourself.
Participant[quote=CA renter]Holy cow…almost $6,000/yr Mello-Roos!?!?!?!?!?
Add to that $177 (IIRC) in HOA fees, and that house would only be a “good deal” if it were priced at $200K.
Sorry, no way anyone should ever have to pay fees like that on their “own” home.
Add property taxes on top of that, and you’re really screwed.[/quote]
everything has to be in prospective.
nearby south of pomerado home built in ’85 that’s slightly smaller at 4500 sqft recently sold for 1.025 million. with HOA of $235 per month.
http://www.sdlookup.com/MLS-110030145-11645_Caminito_Magnifica_San_Diego_CA_92131
so let’s do some math.
at 20% down ($205000), south of pomerado home will incur $4033 per month of mortgage payment. monthly property tax and HOA equals $1174, total monthly cost of $5200.
the stonebridge home, with the same downpayment of $205000, will be at 25% down. mortgage will be $2955. monthly property tax and HOA and MR equals $1400, total monthly cost would be $4365.
despite the high MR, the monthly cost is still almost $1k less than more established areas of Scripps.
today if other 4000+ sqft homes in the Scripps and Poway area are going for $300k, then yes, this house should be $200k.
I know some folks automatically scream and run when they see large MR. and this is when you capitalize on that screaming and running. look at the final numbers and decide for yourself.
Participant[quote=CA renter]Holy cow…almost $6,000/yr Mello-Roos!?!?!?!?!?
Add to that $177 (IIRC) in HOA fees, and that house would only be a “good deal” if it were priced at $200K.
Sorry, no way anyone should ever have to pay fees like that on their “own” home.
Add property taxes on top of that, and you’re really screwed.[/quote]
everything has to be in prospective.
nearby south of pomerado home built in ’85 that’s slightly smaller at 4500 sqft recently sold for 1.025 million. with HOA of $235 per month.
http://www.sdlookup.com/MLS-110030145-11645_Caminito_Magnifica_San_Diego_CA_92131
so let’s do some math.
at 20% down ($205000), south of pomerado home will incur $4033 per month of mortgage payment. monthly property tax and HOA equals $1174, total monthly cost of $5200.
the stonebridge home, with the same downpayment of $205000, will be at 25% down. mortgage will be $2955. monthly property tax and HOA and MR equals $1400, total monthly cost would be $4365.
despite the high MR, the monthly cost is still almost $1k less than more established areas of Scripps.
today if other 4000+ sqft homes in the Scripps and Poway area are going for $300k, then yes, this house should be $200k.
I know some folks automatically scream and run when they see large MR. and this is when you capitalize on that screaming and running. look at the final numbers and decide for yourself.
Participant[quote=CA renter]Holy cow…almost $6,000/yr Mello-Roos!?!?!?!?!?
Add to that $177 (IIRC) in HOA fees, and that house would only be a “good deal” if it were priced at $200K.
Sorry, no way anyone should ever have to pay fees like that on their “own” home.
Add property taxes on top of that, and you’re really screwed.[/quote]
everything has to be in prospective.
nearby south of pomerado home built in ’85 that’s slightly smaller at 4500 sqft recently sold for 1.025 million. with HOA of $235 per month.
http://www.sdlookup.com/MLS-110030145-11645_Caminito_Magnifica_San_Diego_CA_92131
so let’s do some math.
at 20% down ($205000), south of pomerado home will incur $4033 per month of mortgage payment. monthly property tax and HOA equals $1174, total monthly cost of $5200.
the stonebridge home, with the same downpayment of $205000, will be at 25% down. mortgage will be $2955. monthly property tax and HOA and MR equals $1400, total monthly cost would be $4365.
despite the high MR, the monthly cost is still almost $1k less than more established areas of Scripps.
today if other 4000+ sqft homes in the Scripps and Poway area are going for $300k, then yes, this house should be $200k.
I know some folks automatically scream and run when they see large MR. and this is when you capitalize on that screaming and running. look at the final numbers and decide for yourself.
Participant[quote=CA renter]Holy cow…almost $6,000/yr Mello-Roos!?!?!?!?!?
Add to that $177 (IIRC) in HOA fees, and that house would only be a “good deal” if it were priced at $200K.
Sorry, no way anyone should ever have to pay fees like that on their “own” home.
Add property taxes on top of that, and you’re really screwed.[/quote]
everything has to be in prospective.
nearby south of pomerado home built in ’85 that’s slightly smaller at 4500 sqft recently sold for 1.025 million. with HOA of $235 per month.
http://www.sdlookup.com/MLS-110030145-11645_Caminito_Magnifica_San_Diego_CA_92131
so let’s do some math.
at 20% down ($205000), south of pomerado home will incur $4033 per month of mortgage payment. monthly property tax and HOA equals $1174, total monthly cost of $5200.
the stonebridge home, with the same downpayment of $205000, will be at 25% down. mortgage will be $2955. monthly property tax and HOA and MR equals $1400, total monthly cost would be $4365.
despite the high MR, the monthly cost is still almost $1k less than more established areas of Scripps.
today if other 4000+ sqft homes in the Scripps and Poway area are going for $300k, then yes, this house should be $200k.
I know some folks automatically scream and run when they see large MR. and this is when you capitalize on that screaming and running. look at the final numbers and decide for yourself.
Participant[quote=AN]I know a few low-income students and this statement doesn’t apply to them. Also, doesn’t welfare and food stamps suppose to pay for their food?[/quote]
yeah, isn’t this double dipping???
Participant[quote=AN]I know a few low-income students and this statement doesn’t apply to them. Also, doesn’t welfare and food stamps suppose to pay for their food?[/quote]
yeah, isn’t this double dipping???
Participant[quote=AN]I know a few low-income students and this statement doesn’t apply to them. Also, doesn’t welfare and food stamps suppose to pay for their food?[/quote]
yeah, isn’t this double dipping???
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