What Would $750,000 buy in Irvine? Posted: 23 Apr 2012 05:00 AM PDT Five different villages, five different floor plans. But all of the properties I am comparing today are within the price range of $740,000 to $760,000. Without analyzing each micro-market’s performance over the decade, or the age of the home and school districts, lets’ see how much house can we afford in each village. All of them are standard sales. Quail HIll: 91 Canopy Irvine, CA 92603 Listing Price | $749,000 | Beds/ bath | 3 Beds/ 2.5 bath | Area | 2000 SF | Price/ SF | $374 | Down payment | $149,800 | Monthly mortgage, assuming 20% down payment, and 30 YR Fixed at 3.875% | $2818 Monthly | Home Owner’s Dues | $214 | Mello-Roos | $2662 Annually | Property Tax (1.20782%) | $9046 Annually | Monthly Property tax +Mello Roos | $975 Monthly | Fixed Cost of owning | $4007 Monthly | Airport Area 5071 Scholarship #503 Irvine, CA 92612 Listing Price | $749,500 | Beds/ bath | 2 Beds/ 2 Baths | Area | 1675 SF | Price/ SF | $447 | Down payment | $149,900 | Monthly mortgage, assuming 20% down payment, and 30 YR Fixed at 3.875% | $2820 | Home Owner’s Dues | $975 | Mello-Roos | $14.77 | Property Tax (1.10663%) | $8294 | Monthly Property tax +Mello Roos | $692 | Portola Springs: 54 Land Grant Irvine, CA 92618 Listing Price | $749,990 | Beds/ bath | 3 Beds/ 2.5 Bath | Area | 2044 SF | Price/ SF | $367 | Down payment | $149,998 | Monthly mortgage, assuming 20% down payment, and 30 YR Fixed at 3.875% | $2821 | Home Owner’s Dues | $247 | Mello-Roos | $3680 | Property Tax (1.0595%) | $7946 | Monthly Property tax +Mello Roos | $969 | Fixed Cost of owning | $4037 | Turtle Rock: 12 Mirador #5 Irvine, CA 92612 Listing Price | $750,000 | Beds/ bath | 2 Beds/ 2.5 Bath | Area | 1839 SF | Price/ SF | $408 | Down payment | $150,000 | Monthly mortgage, assuming 20% down payment, and 30 YR Fixed at 3.875% | $2821 | Home Owner’s Dues | $487 | Mello-Roos | $145 | Property Tax (1.0496%) | $7872 | Monthly Property tax +Mello Roos | $668 | Fixed Cost of owning | $3976 | Woodbridge: 63 Lakefront Irvine, CA 92604 Listing Price | $759,000 | Beds/ bath | 3 Beds/ 2 baths | Area | 2077 SF | Price/ SF | $365 | Down payment | $151,800 | Monthly mortgage, assuming 20% down payment, and 30 YR Fixed at 3.875% | $2855 | Home Owner’s Dues | $489 | Mello-Roos | $145 | Property Tax (1.034%) | $7848 | Monthly Property tax +Mello Roos | $666 | Fixed Cost of owning | $4010 | Which condo would you buy? Do the Mello Roos and Property Tax rate affect your decision? Would you rather pay more for the house than the big HOA dues? How do you pick your village in Irvine? Discuss below or on Talk Irvine.
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