[IHB] A Review of the Cambria Tract at Stonegate: Residence One

[zovall]

Blog post by Karen:http://www.irvinehousingblog.com/bl...-the-cambria-tract-in-stonegate-residence-one

 

[freedomcm]

so a good starter, but $1100/mo fees plus PII?  maybe $3200/month total?

 

[nosuchreality]

It's really $290 in fees plus PITI.    If you want to treat the mello-roos/CFD as a fee then it's $600 plus PITI.

BTW, what's an AD Tax?  Oh, Assessment District.

What do they get for that?  Yea yea, I get it, new roads, sewers, etc. But I mean, what do they get for community amenities?

Northpark II has multiple big pools, clubhouses, pocket parks (that's all HOA for maintenance), the schools, streets etc, for the mello-roos.

What does Cambria have? I all I see in the plans are streets filled with houses.

 

[Goriot]

It's really $290 in fees plus PITI.    If you want to treat the mello-roos/CFD as a fee then it's $600 plus PITI.

BTW, what's an AD Tax?  Oh, Assessment District.

What do they get for that?  Yea yea, I get it, new roads, sewers, etc. But I mean, what do they get for community amenities?

Northpark II has multiple big pools, clubhouses, pocket parks (that's all HOA for maintenance), the schools, streets etc, for the mello-roos.

What does Cambria have? I all I see in the plans are streets filled with houses.

I think Jeffrey Open Trail is right next to Cambria community.  They are also building a park right next to Cambria with a pool, etc.  Also, few other parks are nearby. 

 

[usctrojancpa]

Due to a job relocation, I'll be listing one of my client's Plan 1 for sale next month.