Tag Archives: carmel valley homes for sale

Another of San Diego’s Finest Neighborhoods, Carmel Valley. Here Is The Scoop -Rina Podolsky San Diego Exclusive Properties_ Carmel Valley Homes For Sale

1 Feb

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Carmel Valley is a community in San Diego county that has become one of the prime Neighborhoods for many reasons, from its privileged location just a short distance from the beach, it’s top ranking schools and it’s easy freeway access. It has fared better than many local areas through the Real Estate market ups and downs and continues to be a very sought after place to live.

  • LOCATION

Carmel Valley is bordered to the north by the North City Future Urbanizing Area (NCFUA) and Pacific Highlands Ranch; to the south by Los Peñasquitos Canyon Preserve and Torrey Hills; to the east by Pacific Highlands Ranch and Del Mar Mesa; and to the west by Interstate 5 and Torrey Pines. Nearby is the Torrey Pines State Preserve, where one of two stands of the endangered Torrey Pine is found to occur.

While many people in the area are now referring to the entire 92130 zip code as Carmel Valley, the actual boundaries of the community remain unchanged from the original community plan. The remainder of the 92130 zip code is filled by the surrounding communities of Del Mar Mesa, Pacific Highlands Ranch, and Torrey Hills.

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Original Carmel Valley Area Map

  • HISTORY

The earliest inhabitants of the area are believed to have been the earliest settlers in the region. There have been some artifacts found along the Carmel Creek area that are said to belong to this Native American tribe, confirming their settlement in the area, however, little is known about their life in this region.

Later in time, around the 1800 to 1900 the area was known as “Cordero” in it is where we find “Ranchers” it is thus known as the Rancho Period. The main activity in the region was producing and trading cattle hides and tallow. This was immediately followed by a period of agriculture became the main trade. At this time in history, we had the California Gold Rush going at full swing and some of these gold rushers did come to settle in the area, among those settlers we had the McGonigle Family who acquired  2,040 acres of what is today known Carmel Mountain preserve. It was then that the area became known as “McGonigle Valley.

Around the 1890’s the sisters of Mercy came from San Francisco down to the region. When they established themselves in the area they gave medical care to the McGonigle family and established a dispensary in 1000 acre parcel of land that they purchased from the same family. They also established a dairy farm and a vegetable garden. They also built a three story Victorian home that has played different roles through out time, it played the role of housing orphans, dispensary for the nuns and that is what later became Mercy Hospital, it later became a private home and horse ranch and most recently, after the Carmelites land was divided in two by the passing of the 56 freeway in the middle of their land, the home became property of the Chabbad center and it is currently on sale. The other half of the property houses a Church and burial grounds.

This nuns  from the Carmelite order and were instrumental in naming the area when they named a mountain “Carmel Mountain” and their ranch “Carmel Mountain Ranch” after it. That is how the area got it’s name.

Sisters of Mercy Victorian House

However in 1975 the area was mapped out and a plan was established it was named the “North City West Master Plan” and the name of the area was changed to North City West.

Construction in the area began in 1983 and by that time the original name had stuck to the region and so in 1990 the local planing board change the name back to Carmel Valley. The area is designated with the 92130 zip code.

Today Carmel Valley has grown to include surrounding areas such as: Torrey Hills, Del Mar Mesa and Pacific Highlands Ranch.

  • SHOPPING + ENTERTAINMENT

As of Today there are 3 main shopping Areas.

The largest is Del Mar Highlands Town Center It includes fast food restaurants such as Mc Donalds, El Pollo Loco and Rubio’s,  it also has Red Robin, Sammy’s Pizza and Champagne bakery, Starbucks and Chuao chocolatiers. It is divided in upper and lower level and houses some clothing boutiques, Gepetto’s Toy store,  an Aveda and a Barnes & Noble book store. It houses two major groceries stores, Ralphs and a Jimbo’s which is a more natural and organic store. This shopping center included the Carmel Valley Ultra star movie theaters, however they ar currently close for remodel and will re-open sometime this summer.

There is another shopping center called Piazza Carmel  It is a smaller plaza that includes Souplantation, Villa Capri a Vons grocery store, some boutiques and banks. Across the street you will find a Shell Gas station and a Pat & Oscar’s restaurant.

The other shopping area is  Torrey Hills Shopping Center located in the southern part of Carmel Valley, this plaza is the most recently built but it is also the smallest one, it has a Vons groceries store as well, Starbucks, an italian restaurant three banks and the Carmel Valley office of Windermere Exclusive Properties.

The Scoop is that there will be 3 more shopping areas built in Carmel Valley, 2 of them are expected to be big shopping centers. One is located on the corner of Del Mar Heights and El Camino Real right across of Del Mar Highlands Town Center and construction is expected to begin soon.

The other major shopping area that is expected to be built is in the Pacific Highlands Ranch Neighborhood, it is said that it will include some major department stores but no word yet on which ones or when it will be built.

Finally, in the corner of Carmel Mountain and Carmel Country, Pardee is building a new community, part of the land, the south-west corner of it to be precise, is designated to be commercial/retail, No word yet what stores will be there but it is a much smaller space.

There is also a little known secret, here is the Scoop there is an Organic Farm right in the middle of Carmel Valley called Sea Breeze Farms

Also coming to the neighborhood we have 3 restaurants opening their doors in 2011, all of the in Del Mar Highlands town center. Rimel’s Rotisserie, The Counter which will be a burger place, Searsucker a great downtown restaurant is also working on opening up a new restaurant as is Swirls, a yoghurt ice cream store.

The movie theater will re-open with a new concept of VIP theaters where patrons will be able to reserve their seat ahead of time and there will be drinks and dinner served to your seat.

There are many excerisze places that go from yoga and pilates studios to full out sport centers. There are 2 in particular that are worth mentioning:

Pacific Athletic Club – One of San Diego’s  finest sports resorts.

The Training Club – An innovative, high energy, and fun workout facility, totally committed to creating exercise programs for groups and individuals.

 

  • REAL ESTATE MARKET

There are currently 230 Homes listed as Active

Here is a brief chart of the current listing statistics

out of which 160 are Detaches homes 70 are attached

There are 33 homes showing as contingent (this is a recently added status that means an offer has been accepted by the buyer and an approval is being negotiated with the bank in the case of a short sale)

There are 62 homes in escrow or listed as pending

In the past 30 days there were 35 homes that Sold here is a chart to view the stats of past months sale

out of those 35, 22 were detached homes and 13 were attached

There are 224 properties in the public records list of homes in some stage of Foreclosure, you can search foreclosures here

In general this area has fared very well thru the Real Estate market downtown.

You will be able to find many different communities within the area and prices go from $205,000 to $7,980,000 but the average sales price is around $1,ooo,000. If you want to look for homes in this area be sure to check out this site

  • SCHOOLS
  • 

ELEMENTARY

There are 3 main School District operating in the area as far as elementary schools go.

Solana Beach School District

  • Solana Highlands: 3520 Long Run Drive; Office: 858.794.4300, Fax: 858.794.4350, CDC: 858.794.4377
  • Carmel Creek: 4210 Carmel Center Road; Office: (858) 794-4400, Fax: (858) 794-4450, Absence: (858) 794-4451, CDC: (858) 794-4477
  • Solana Pacific: 3901 Townsgate Drive; Office: (858) 794-4500, Fax: (858) 794-4550, CDC: (858) 794-4577, Absence: (858) 794-4551
  • Del Mar Union School District

    • Ashley Falls: 13030 Ashley Falls Drive; voice 858.259.7812, fax 858.259.1828
    • Carmel Del Mar: 12345 Carmel Park Drive; voice 858.481.6789, fax 858.481.7418
      
    • Del Mar Heights: 13555 Boquita Drive, Del Mar, CA 92014; voice:858.755.9367, fax:858.509.1412
    • Del Mar Hills: 14085 Mango Drive, Del Mar, CA 92014; voice: 858.755.9763, fax: 858.755.6107
    • Sage Canyon: 5290 Harvest Run Drive; voice: 858.481.7844, fax: 858.481.7949
    • Torrey Hills: 10830 Calle Mar de Mariposa; voice: 858.481.4266, fax: 858.481.0344
    • Sycamore Ridge: 5333 Old Carmel Valley Road; voice: 858-755-1060
    • Ocean Air: 11444 Canter Heights Drive; voice: 858.481.4040

    Poway Unified School District

    MIDDLE SCHOOL

    Both Solana Beach and Del Mar Union school districts merge when it comes to upper grades but Poway remains separate. We have:

      

    And Poway Unified School District

    HIGH SCHOOL

      

    And Poway Unified School District

    Only a very small section of Carmel Valley falls into the Poway School District designated boundaries and most people don’t even know that this is the case, so make sure you confirm that the home you are considering moving into falls into the boundaries of the school district that you are looking for. All of the schools in the area have received top rankings you can check the scores in this CA state website

    You will also find Private schools in Carmel Valley:

      

    If you have any other questions about Carmel Valley, would like any additional information or want information in any of the surrounding areas please feel free to contact me at : info@SanDiegoExclusiveProperties.com

     

     

    A year in review. 2010 San Diego Real Estate Market Analysis -Rina Podolsky Carmel Valley Homes For Sale-

    29 Dec

    Here we are once again at the close of a year. I find it helpful to look back and see how the Real Estate Market in San Diego, specially in the areas where I do most of my business trended. I am sharing with you a very brief summary of the Real estate Market of homes that sold in Carmel Valley, Del Mar, La Jolla, Rancho Santa Fe, Solana Beach and Coronado. I am hoping you find it useful or at the very least interesting. In a future blog post I will be talking about the Real Estate Forecast for 2011.

    • CARMEL VALLEY 92130

    Sold Homes :

    Detached

    # sold 411

    Price:

    High: $5,100,000    Low: $522,000   Average: $1,026,345

    Price per S.F:

    High: $573.03             Low: $221.07      Average: $337.78

    Selling Price vs. Asking Price :  Average 96%

    Days on Market: Average 51

    Attached

    # sold 256

    Price:

    High: $712,000  Low: $198,100 Average: $408,806

    Price per S.F:

    High: $447.76             Low: $251.91      Average: $339.13

    Selling Price vs. Asking Price :  Average 97%

    Days on Market: Average 68

    Most Expensive Home Sold in Carmel Valley in 2010. Sale price was $5,100,00

    • DEL MAR 92014

    Sold Homes :

    Detached

    # sold 93

    Price:

    High: $8,000,000    Low: $685,000   Average: $1,726,665

    Price per S.F:

    High: $2580.65             Low: $241.63      Average: $637.40

    Selling Price vs. Asking Price :  Average 93%

    Days on Market: Average 101

    Attached

    # sold 44

    Price:

    High: $1,850,000  Low: $182,500 Average: $534,783

    Price per S.F:

    High: $1.013.22             Low: $248.80      Average: $437.55

    Selling Price vs. Asking Price :  Average 97%

    Days on Market: Average 68

    Most Expensive Home Sold in Del Mar in 2010

    • LA JOLLA 92037

    Sold Homes :

    Detached

    # sold 254

    Price:

    High: $10,000,000    Low: $100,000   Average: $1,337,000

    Price per S.F:

    High: $1,550.39             Low: $221.07      Average: $619.74

    Selling Price vs. Asking Price :  Average 92%

    Days on Market: Average 96

    Attached

    # sold 276

    Price:

    High: $5,950,000  Low: $175,000 Average: $648,893

    Price per S.F:

    High: $1,574.07             Low: $206.55      Average: $439.66

    Selling Price vs. Asking Price :  Average 95%

    Days on Market: Average : 80

    Most Expensive Home Sold in La Jolla in 2010. Sold for $10,000,000

    • RANCHO SANTA FE 92067

    Sold Homes :

    # sold 174

    Price:

    High: $9,575,000    Low: $650,000   Average: $2,470,799

    Price per S.F:

    High: $907.41             Low: $152.85      Average: $430.21

    Selling Price vs. Asking Price :  Average 90%

    Days on Market: Average 151

    Most Expensive Home Sold in Rancho Santa Fe in 2010. Selling Price was $9,575,000

    • SOLANA BEACH 92075

    Sold Homes :

    Detached

    # sold 90

    Price:

    High: $4,550,000    Low: $499,500   Average: $1,241,699

    Price per S.F:

    High: $1,481.60             Low: $239.59      Average: $537.09

    Selling Price vs. Asking Price :  Average 95%

    Days on Market: Average 88

    Attached

    # sold 75

    Price:

    High: $1,600,000  Low: $195,000   Average: $637,313

    Price per S.F:

    High: $1,074.75             Low: $201.48      Average: $426.29

    Selling Price vs. Asking Price :  Average 95%

    Days on Market: Average 64

    Most Expensive Home Sold in Solana Beach in 2010. Sale price was $4,550,00

    • CORONADO 92118

    Sold Homes :

    # sold 225

    Price:

    High: $10,500,000    Low: $479,900   Average: $1,452,743

    Price per S.F:

    High: $4,506.07             Low: $246.44      Average: $728.82

    Selling Price vs. Asking Price :  Average 92%

    Days on Market: Average 119

    Most Expensive Home Sold in Coronado in 2010. Sale price was $10,500,000

    If you want any more information on the data shown here or how to best use and interpret this information, feel free to contact us. You can reach us thru our web site www.SanDiegoExclusiveProperties.com where you can also search for all the listings and foreclosures available in San Diego.

    Wishing you a happy healthy 2011!!!

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    The Begining Of A Crown Jewel: La Jolla’s History & Current Real Estate Statistics -Rina Podolsky Carmel Valley Real Estate_

    16 Dec


    La Jolla’s zip code 92037 has remained for many years in the list of Most expensive Real Estate areas in the Country and the World. Today, the Real Estate Market in La Jolla has slowed down quite a bit just like many of the other most exclusive markets in the world, however it has not lost so much of its value. Here are the current statistics for the Real Estate market in La Jolla according to the Multiple Listing Service:

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    Active Listings: 400

    Detached-217

    Attached-183

    Contingent Listings: 27

    Detached-13

    Attached-14

    Pending (In escrow): 63

    Detached-38

    Attached-25

    Sold in last 30 Days: 42

    Detached-20

    Attached-22

    Of those sold in the last 30 days:

    Average Days on Market-96

    Average of Sale Price vs. asking price 96%

    Average price per S.F.-$540.81

    Average Price- $1,216,964

    The most expensive Home Sold so far in 2010 was sold for $10,000,000

    The most expensive Home Currently listed for Sale has an asking price of $29,500,000

    This is what La Jolla Real Estate Market happens to look like today, but if you ever wonder, how did it all begin? Here is a brief look at the History of this Jewel so many people call home.

    La Jolla is believed to have been inhabited by Native American cultures and there have been some artifacts that were found and conform this idea, however, there is no clear knowledge of who they were, and what happened to them. The earliest written records that have been found, are scattered records back from 1870, in which the spelling of the area was “La Joya” Which is consistent with the Spanish spelling of the word “Jewel, so it was called “The Jewel”. Some people have argued that the real name comes from the Native American term “Woholle” which means hole in the mountain.

    Although there is no certainty of where the name came from, the idea of the area being called La Jolla after the word Jewell does make a lot of sense, it is certainly considered to be one pf the crowning Jewell’s to San Diego, with it’s breathtaking views of the ocean and its mansion lined streets, this area really shines.

    This city was incorporated in the year 1850. 1869 is the year where they had the first recorded sale of land in this area, the purchase of these lots, called the “Sizer” lots, was made by two brothers. The cost of the land was $1.25 per ACRE, each brother bought a 80 Acre parcel of land on what is now Downtown La Jolla.

    However, the first man to start auctioning pieces of land was Frank Terril Bostford, that earned him the nickname of “Father of La Jolla”.

    La Jolla Country Club

    This area went from having 350 residents in the year 1900 to having 4000 by the end of the World War I. The economic basis for this area was tourism.

    Regarding it’s Architecture, it shifted from being mainly cottages to a Spanish Mission Style. However by 1929 with the Market crash and the economy collapsing, the area saw almost no new construction for the following 10 years. It was until the beginning of World War II that the area saw a new boom, this time the hills adjacent to this area were also includes in the new development of the area. At the end of the War, many people made thi area their home and a new growing spur was visible. The surrounding areas were made into subdivisions.

    By 1960 La Jolla had 17,000 people calling it home and today there are about 40,000 residents.

    Another historical fact that put La Jolla in the History books, was the fact that Charles Lindbergh learned to fly his gliders, flying out of the top of Mt. Soledad. Today, there are no Gliders flying out that same spot however there is very well known Glide Port in the Torrey Pines area right above the Scripps Institution of Oceanography.

    And speaking about area attractions, there is the 7 caves at La Jolla Cove, today only 1 of the caves remains accessible but it is a favorite exploration spot for scuba divers and kayakers, there are many people who come to the area for both water activities.

    AS far as Hotel’s go, Downtown La Jolla is home to “La Valencia Hotel” which was a destination hotel for many of the movie stars of the  Golden Era, and it still remains today as one of the most exclusive hotels with a magnificent view of the ocean and a lavish Sunday Brunch that has become a tradition for localites.

    Hotel La Valencia

    It is no surprise that La Jolla, with its natural beauty has been the home and inspiration of many  artist and writers. Perhaps one of the best known in the area would be Theodore Geisel A.K.A Dr. Seuss, his paintings can still be seen in some of the Gallery’s on Prospect St.

    During the 1960’s La Jolla became the home of the prestiged school UCSD and the Salk institute, recognized also for its infamous architecture, designed by Louis I Kahn, one of the great Architects of that century.

    Salk Institute

    Today, La Jolla remains a breathtaking upscale area where you can go see some of the most magnificent homes in the country.

    Glasshouse

    Homes around La Jolla

    Another Beautiful La Jolla Home

    Here is a Timeline of other interesting facts:

  • 1893 – Opening of La Jolla Park Hotel
  • 1894 – Railroad extended to La Jolla from San Diego; La Jolla Post Office established; Reading Room opened; Anna Held arrived in La Jolla and created Green Dragon Colony
  • 1895 – First La Jolla Village Improvement Society organized
  • 1896 – Ellen Browning Scripps buys two lots on the ocean side of Prospect Street and builds her first home
  • 1897 – Library Association of La Jolla formed
  • 1899 – Barber Tract development begins (first known as Neptunia); first telephone lines installed
  • 1904 – Wisteria Cottage built
  • 1905 – Marine Biological Association organized, later Scripps Institution of Oceanography
  • 1906 – Ground broken for new bathhouse at the Cove; first La Jolla newspaper is published
  • 1910 – The Bishop’s School is built
  • 1911 – Electricity introduced into La Jolla
  • 1913 – Opening of Colonial Inn (Grande Colonial La Jolla)
  • 1915 – Arsonist sets fire to several La Jolla buildings, including Ellen Browning Scripps’ house; work begins on new home designed by architect Irving Gill
  • 1918 – Scripps Memorial Hospital opens (first known as the Sanitarium); paving of La Jolla streets begins
  • 1924 – Electric railroad starts running; Casa de Manana opens as resort hotel; street lights introduced; summer “Jollification” celebration held
  • 1926 – La Valencia opens; Balmer School started (today La Jolla Country Day); La Jolla Country Club takes shape; The Muirlands begin development
  • 1927 – La Jolla Beach and Yacht Club formed (now La Jolla Beach and Tennis Club)
  • 1960 – Location of University of California San Diego campus determined in La Jolla
  • 1964 – Salk Institute built along with high-rise at 939 Coast Blvd. and Seville apartments at 1001 Genter Street
  • 1974 – La Jolla commercial areas impacted by opening of University Towne Center shopping mall
  • 1983 – BLOB (“Ban Large Office Buildings”) organized to oppose large structures being built through the 1980s by banks and other developers
  • La Jolla Today

    La Jolla Coast

    For any information on this post or any other post contained in this Blog please contact me at:

    http://www.SanDiegoExclusiveProperties.com

    or follow me in twitter:  http://twitter.com/RinaPodolsky

    Best Priced Homes In Rancho Santa Fe 92067 – Rina Podolsky Carmel Valley Real Estate-Rina & Sergio San Diego Exclusive Properties-

    13 Dec

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    Being a Real Estate agent, there are some questions that I get asked very often, most of them can be summed up basically in How is the market? Have we hit bottom yet? Is it the right time to buy or sell? and, How much is my Home worth? That is as far as people’s questions for me go. Now the most common answer I get is when I ask a buyer, what are you looking for? the most common answer has to be…A deal! There is no, I want to buy a 4 bedroom home in Carmel Valley or a single story house in La Jolla, no I want a home in Rancho Santa Fe with 2 acres of land, it is a one answer fits all!

    Now, a deal is something that needs to be defined carefully, it does not mean the same thing to everyone, you have to pay close attention to different variables. However, I will be putting together periodical postings of  “Great Deals”. This time I am starting with incredibly great priced Homes for Sale in Rancho Santa Fe, California. As you very well may know, Rancho Santa Fe is considered one of the most expensive zip codes in the country.  In today’s market, that is precisely where any expert will agree, you will find the best opportunities in our current market, The high end Real Estate Market was slow to feel the crash of the housing market, yet it has felt it by now and continues to do so. There are multiple reasons that explain this but the most important ones would be the lack of jumbo loans and the fact that many people who own expensive homes held on longer to their properties but have started falling into foreclosures a little later in the game.

    Here are my top picks por great priced properties in Rancho Santa Fe:

    *Click on any of the images bellow for more detailed information.

    Deal #1 @$191 per S.F.

    $191 per S.F. WOW!!!!

    1.- $191 per S.F.!!!!

    Pool

    Pool

    Entrance

    Entrance

    Living Room

    Deal #2 @$299 per S.F.

    $299 per S.F.

    Pool

    Pool

    Kitchen

    Kitchen

    Family Room

    Deal # 3 @ $307 per S.F.

    $307 per S.F.

    Backyard

    Pool

    Expansive Yard

    Tennis Court

    Balcony/View

    Kitchen

    Office

    Deal #4 @ $311 per S.F.

    $311 per S.F.

    Indoor / outdoor Living

    Exposed Beams

    Kitchen

    Indoor Pool

    Deal # 5 @ $316 per S.F.

    $316 per S.F.

    Unique Adobe Style Entrance

    Vega Wood Beams

    Living Room

    Kitchen

    Master Bedroom

    Outside Detail

    Deal #6 @ $339 per S.F.

    $339 per S.F.

    Pool

    Foyer

    Family Room

    Kitchen / Nook

    Dining Room

    Dining Room

    Master Bedroom

    Office

    Deal #7  This is more of a special mention. It is NOT yet completed!!! It will require some money to be built out. $156 per S.F.

    Bank Owned Home $156 per S.F.

    If you would like any details on any of these Homes for Sale please contact me and I will be happy to provide them for you. This are great buying opportunities in a a very exclusive area that will eventually get back up. It has the name, the great schools and prices won’t stay low forever, and even though the high-end market it’s not expected to come back for a year or so, this homes are way bellow market value so that even with falling prices you are still buying a great deal!

    As far as Market Statistics for Rancho Santa Fe, there are currently 213 Homes listed for Sale 9 Homes listed as being Contingent, 27 Homes in Escrow and 11 Homes that have Sold in the last 30 days. Of the homes that Sold in the last 30 days They had the Following averages: 130 Days on Market, Sold for 89% of Asking Price, at $424.67 pers S.F. $2,946,172 was the average selling price.

    Please leave a comment or if you have any questions you can contact us at www.SanDiegoExclusiveProperties.com or Follow us on Facebook http://www.facebook.com/?ref=logo#!/group.php?gid=123662939207 and twitter http://twitter.com/RinaPodolsky

    How You Can Transfer Your Lower Property Tax Basis To Your New Home -Rina Podolsky -Carmel Valley Real Estate Homes For Sale

    3 Dec

    For some people, the idea of buying a NEW HOME sounds appealing. They have their finances in order, qualify for a loan and have the Down Payment ready to go, but if they purchased their current home many years ago, they might end up paying a much higher property tax, and that might be stopping them from going forward with the purchase. For example, lets say a couple purchased a home in Rancho Santa Fe in 1995, they might have paid $800,000.00  and now they want to sell their Rancho Santa Fe property and  buy a home in Del Mar. The new home has a price of $1,500,000.00 and their current home will be selling for $2,500,000 so even though they are downsizing the property tax that they will be paying on the new house is almost double of what they are currently paying.

    There are two Propositions in the state of California that allow you to transfer your current tax base to your new property, those are prop 60 and prop 90.

    Now there is a catch, actually more than a catch there are several restrictions in order to qualify for either one of this propositions.

    1. One of the owners must be 55 years or older at the time of the sale of the original Property

    2.Both Properties have to have been or will be your principal residence.

    3.The Replacement property must be of “Equal or Lesser current market value” than the original property. You are not allowed to combine two separate properties as a total value even if both of you are selling two homes to purchase a new one together.

    4.The replacement property must be built (If new construction) or purchased, within two years of the sale of the original property (This may be two years before or after)

    5.The owner has to complete and file an application within 3 years of the purchase of the replacement property, or new construction completion date.

    This benefit can only be used once in your lifetime, unless you become severely disabled in which case there is a different exemption that applies (Proposition 110).

    So what is the difference between proposition 60 and Proposition 90?  Proposition 60 allows the tax transfer benefit only within the same county(intracounty). Whereas Proposition 90, will alow  transfers from one county to another county in California (intercounty) It is however at the discretion of the county to allow such transfers. Not all counties will accept applications for this proposition and you are required to fill out a form and follow a process, this transfer will not happen automatically.

    For more detailed information you can go to the California Board of Equalization Web Site http://www.boe.ca.gov/proptaxes/faqs/propositions60_90.htm#2 or ask your trusted CPA or Real Estate Lawyer.

    For any other questions or comments please feel free to contact us at www.SanDiegoExclusiveProperties.com

    Most Expensive Homes That Have Been Sold In San Diego In The Last Year – Carmel Valley homes for Sale Rina Podolsky-

    6 Nov

     

     

     

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    Here are the most expensive homes that have SOLD in San Diego County in the last 12 months.

    Most of this houses are in:

    • La Jolla (2 )
    • Rancho Santa Fe (1)
    • Del Mar (1)
    • Coronado (1)

    If we look at prices per square foot the most expensive one would be the one in Del Mar.

    Also out of these 5 homes, 5 are ocean front and only 1, the one in Rancho Santa Fe is not, it also happens to be the one with the largest lot and that sold for less money per s.f.

    To view the information on each of these houses, including:

    • Size
    • Lot
    • Days On Market
    • Price per s.f.
    • Description

    Just click on each image.

    La Jolla / $18,1500,000

    Del Mar / $12,000,000

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    Carlsbad School Shooting. Lessons to be learned?

    12 Oct

    The breaking news came in and what I heard was one of parents worst nightmares. To hear that a local elementary school had been the victim of such  a violent act. On Friday October 8, 2010, A single gun shooter jumped the fence at the campus of Kelly Elementary in the Carlsbad area and began shooting at the kids.

    The gunman managed to hit two second grade girls, 6 and 7 years old, they were both shot in the arm and both were eventually flown to Rady Children’s Hospital and are expected to recover fully from the gun wounds. But what about the mental scars that these kids, all of the kids that lived thru this ordeal will carry with them?

    This was a case of a horrible situation with the best possible ending thanks to both construction workers who were working on a campus project and reacted bravely and quickly and to the fact that the gunman was a poor shooter and did not reload.

    For many of us the question remains, can incidents like this one be prevented? are our school campuses too easy to access and a prime target for anyone who wants to make a statement or who looses their sanity?

    First of all, everyone who knows something about securing an institution will tell you that if someone wants to seriously target any school, will find a way to do so, even if the campus was a closed off institution. Not only would it be very costly to re-design our schools and add security to each and every one, it might prove to be a deterrent but not a unusrpassable solution. And of course there is the matter of the cost of doing all this at a time where there are no funds available to keep teachers in the school roster, much less pay for everything that this would require.

    Now, it is also true that new schools are still being built and many of them pay little regard to school safety from an intrusion point of view, so if we are building new schools, I believe we should be trying to make them as safe as possible from the get-go.

    There should also be an assessment of the current schools to see if there are small steps that can be taken in each case to help prevent at any rate, an intrusion scenario.

    However, I believe that the most important action we can take at this point is training. We need to train people on campus as well as students on how to react if such a scenario were to occur. Unfortunately, most schools do not have construction work being done at all times which means they wont all have well fit, willing and able construction workers to come to the rescue. And it should not be left up to chance to see if someone happens to be there that can aid the children.

    We as parents need to prepare our kids as well and make sure that they know how to react in bad situations such as this one. We need to sit down with our children and discuss what happened and what they should do in a similar case. Many time we ourselves don’t know what is the right way to react so we need to get the school district to put such training and information out there so that it is available for everyone. We need to work as a community, keeping a constant eye out for things and people who may seem out-of-place or out-of-order in and around our schools and we have to let the authorities know immediately.

    So going back to my question, are s to be learned from this incident? My answer is yes, in every incident there are always lessons to be learned. In this particular one I would say the most important ones are to be aware of our surroundings, be prepared, make sure the children are also aware and prepared and to work as a community.

    If you would like to read the complete story on the School Shooting you can find it at http://www.signonsandiego.com/news/2010/oct/08/carlsbad-police-respond-to-reports-of-shots-at-a-s/

    If you have any comments, feedback is always welcome