Tuesday, October 23, 2012

High Desert Hijinks

Welcome to the world of Victorville, Hesperia, Apple Valley and Phelan.  Sometimes referred to as the high desert.  That used to mean it was up the hill through the San Bernardino Pass.  Then it later took on a second meaning vice (and I do mean vice) a reputation as meth lab central. 


13248 Pomona Street, Hesperia CA 92344

Buyer just walked, back on the market pending cancelation of previous escrow. [misspelling in original listing]

Description: Nice 1 story in the Heart of Hesperia, walk to schools and Malibu Park on the corner, minutes to down the hill. Granite kitchen counter tops, spacious rooms, real wood flooring in LR,,DR and family room with Fireplace.

 So?  Other than no jobs, crushing utility bills and $4 gas what's the problem?  The problem is taxes.  With a valuation of $140,000 the taxes run $3,500/yr.  Yup, 2 1/2% not the 1% promised by Prop 13 in days of yore.  $300 per month.

Zillow back data here.  

Why am I calling hijinks?  Well because of the listing history.  See for yourself.  And now the most recent buyer backs out? 

10/22/2012Listed for sale$138,000-1.4%$63

07/16/2012Listing removed$140,000--$64

06/21/2012Listed for sale$140,00055.6%$64

02/05/2011Listing removed$90,000--$41

01/16/2011Pending sale$90,000--$41
out of area agent
01/08/2011Listed for sale$90,000-67.4%$41

new home


Rob Dawg said...

Apologies for the crappy formatting. The new blogger tools are anything but intuitive or consistent.

TJandTheBear said...

WTH? Why no reassesment??

Rob Dawg said...

Almost every property built in the 2000s has any number of surtaxes embedded to circumvent Prop 13 letter and intent. There are special assessment district fees for such luxuries as roads, schools, street lights, sewers etc that aren't part of what regular people pay for with property taxes.

TJandTheBear said...

Ah, yes, they had to have those because THEY WERE BUILDING IN A FRICKIN' DESERT! :-)

Rob Dawg said...

By my figuring the $300/mo tax bill subtracts $50k of asset value compared to any of the thousands of nearby houses that don't carry such fees.