La Cresta at Woodbury

NEW -> Contingent Buyer Assistance Program
H        O        M        E        R said:
Qwerty- Did you get your notice of the price increase of our taxes?? :(
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no i have not.  are you talking about the potential annual 2% increase on the MR?  what taxes went up (base, MR, etc) and how much? that sucks!
 
qwerty said:
there is nothing wrong with living on former marine bases  :)
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You typed that with these:
weird_fingers_typing.jpg


:)
 
Qwerty- Just the increase because our home value went up.  If I wasn't renting it out right now I would have sold it... $200k profit.. is good!
 
No Quarter said:
Where you would move to (or replace it) if you sold it?  Since supply is constrained, demand cannot be met = huge run up in prices buyers are willing to pay.
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I have two homes.  One in Irvine and one in Santa Ana Tustin.
 
No Quarter said:
Lambert Ranch's Mello Roos are baked into the purchase price.  No way the government gives up a chance to make some $$$.  And obviously, the builder / developer is going to pass that cost on to the buyer.
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When LR started selling the Grove last year I thought it was ~$1.3M for their smallest plan (4000sqft) and no MR. LaCresta is selling for ~$1.5M + MR for their largest plan (4000sqft).
 
bones said:
I think LR will be zoned for the new HS and possibly the new K-8 school they're building at the great park.  While the schools may be "better", I wouldn't want to send my kids to school on a superfund site.
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There will be a lot of homes build for the GP and it is not clear to me where IUSD will draw the new boundary lines.

Currently LR schools are: Stonegate Elementary, Sierra Vista Middle School, and Northwood HS.

If your child is currently enrolled in any of these schools, it is unlikely your child will be forced to move to the new school.
 
Pls keep in mind that the "land usage" at LR is very very odd.  The original owner of the land STILL owns the best part of the land in the center of the community, and still lives there.

Not sure how much the land was sold to THNC for LR development, but I imagine THNC got a good discount since orig owner decided to keep a good % of land.  This prob offset the MR cost.

Orig LR land owner gave part of land for cell tower usage, kept the old house, and got $$ for selling land to TNHC.  I guess we know who the smartest one is.

 
At this rate Plan 3 will be close to $2 million by the last phase.

Phase 1 Pricing
Plan 1: $1,358,000 - $1,399,830
Plan 2: $1,424,500 - $1,437,200
Plan 3: $1,513,800 - $1,524,300

Phase 2 Pricing
Plan 1: $1,376,000 - $1,406,300
Plan 2: $1,470,500 - $1,498,000
Plan 3: $1,571,700 - $1,593,999
 
test said:
At this rate Plan 3 will be close to $2 million by the last phase.

Phase 1 Pricing
Plan 1: $1,358,000 - $1,399,830
Plan 2: $1,424,500 - $1,437,200
Plan 3: $1,513,800 - $1,524,300

Phase 2 Pricing
Plan 1: $1,376,000 - $1,406,300
Plan 2: $1,470,500 - $1,498,000
Plan 3: $1,571,700 - $1,593,999
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test, arent we contradicting ourselves here again. LMFAO.


"Re: Housing about to Blowup
? Reply #16 on: May 29, 2013, 09:44:45 PM ?

Rising Mortgage Rates, Home Prices a Lethal Brew
http://www.cnbc.com/id/100772471

It's over.  Housing bubble 2.0 has popped.  Rising interest rates is the nail in the coffin.  Nikkei is also down 15% from last week and still tanking today.  Stock market crash is the soil on top of the coffin."
http://www.talkirvine.com/index.php/topic,3918.msg60174.html#msg60174
 
I heard that they were doing their Phase 3 release sometime this week.

Anyone have info on the Phase 3 pricing? 

 
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