Posted: 01 Oct 2012 05:00 AM PDT
The North Park guard-gated community boasts of properties ranging from $300s to $1.5 Million. It’s the area between Bryan, Portola Parkway, Culver and 261 Toll Road. The lower end listings talk about the proximity to the freeway, and the ease of access to the main streets. The higher end talks about the proximity to the Peter’s Canyon Trail, part of the Mountain to Sea trail. Today we will look at the high and the low in this area, and the monthly cost of owning them.
The High: 39 Vacaville, Irvine CA 92602
Listing Price: $1,449,000
Estimated Monthly Payment: $6,758
The low: 305 Terra Bella, Irvine CA 92602
Listing Price: $315,000
Estimated Monthly Payment: $1,954
So those were our highs and lows. The lowest prices condominium’s Mortgage, Property Tax and Mello Roos are almost equal to the highest priced Single Family Residence’s Property Tax and Mello Roos. But, the lower priced condominium pays almost two and half times the HOA dues as the higher priced home. Of course the HOA dues cover a lot of maintenance costs for the condominium as opposed to the single family residence.
What are your thoughts?
|You are subscribed to email updates from Irvine Housing Blog |
To stop receiving these emails, you may unsubscribe now.
|Email delivery powered by Google|
|Google Inc., 20 West Kinzie, Chicago IL USA 60610|