One of the most common questions we get from real estate home buyers is the question about Mello Roos. I heard this term a lot when I first moved to California and had no idea what people were talking about. It's worth getting to know this term as it can cost you a lot of money if the home has it. It's pretty simple, home builders are always looking to save costs when building a brand new community. Often times they will create a bond called Mello Roos which essentially pass on many of the neighborhood building costs to the buyer. Things like sidewalks, streets, etc are costs that are often paid by the buyer in a Mello Roos bond. The bond itself normally ranges around 30 years but I've seen it as low as 25 years, it all depends on various factors. So this is an annual fee that is paid by the buyer which can add up considering most consumers will have a monthly mortgage, annual property taxes and association dues if they live in an association. The Mello Roos fee is on top of all of these costs so it's no wonder why people look for homes that are not under Mello Roos.
If you are looking at new construction homes this should be your first question to the real estate agent. Does the home have Mello Roos and how much is the cost? There are some newer neighborhoods that avoid Mello Roos and use this as part of their advertising. Some time buyers have the option to pay for all of the Mello Roos up front when they purchase the home so these homes are always very much sought after. There is currently one home for sale in the 53 Melrose community where the owner has done such that. Places to look in Carlsbad would be the older neighborhoods near the Village area. Older communities like Olde Carlsbad will often not having any association dues nor Mello Roos. For guidance on how to find homes without Mello Roos please contact our local Carlsbad Real Estate agents at 760-710-0268.
La Costa 7622 Aldea Place
Quiet & peaceful 4BD 2 1/2 BA home on over .25 acre lot, located on a cul de sac. Mature landscaping, expansive, green grass area out back. Double door entry w/vaulted ceiling. Living rm/Dining area accented by a custom tile fireplace, built-in shelving and hardwood floors. Kitchen featuring S.S. appliances, separate pantry, and granite counter tops. Adjacent family room with wet bar perfect for family gatherings and entertaining. No HOA No Mello Roos. Award winning schools! A great place t...$1,099,000
Carlsbad West 4371 Tuolumne
Single level, Leased SOLAR, backs to open space with horizon ocean view & captivating sunset views, wide cul-de-sac street, 3 car garage, 4 bedroom, Granite counters, white kitchen cabinets, 20x20 porcelain tile in kitchen, family room and entry, wood flooring throughout rest of home, dual glazed windows, Newer air conditioning unit, insulated roll-up garage doors. No HOA and no Mello Roos! Bountiful avocado tree! Private rear yard with no homes behind to enjoy the relaxing sunsets. 2.5 mil...$989,000
La Costa 2907 Platinum Place
Gorgeous & spacious 2 story 4 bedroom + loft w/ private Master Suite on first level. Modern kitchen featuring quartz countertops, contemporary backsplash & stainless steel appliances. Dramatic vaulted ceilings & windows w/ motorized blinds illuminate the home with natural light while also providing sun protection. Beautiful hardwood floors, ceiling fans & gas fireplace add comfort & ambiance. Private backyard feels secluded inviting indoor/ outdoor dining & living. Low HOA dues/ no Mello Roos.$839,000
Carlsbad West 630 Anchor Way
Huge potential opportunity west of I-5! Lowest priced detached home in coastal Carlsbad. Quiet part of the neighborhood, away from the tracks. Needs some TLC but huge potential to turn this into a darling beach home within walking distance to Tamarack Beach and downtown Carlsbad. Single story with private spacious patio, newer windows and sliders, bamboo floors in living room, dining room and master bedroom. 2 car attached garage. HOA takes care of the front yard. Low HOA fees and no Mello...$815,000
Carlsbad West 803 Spindrift Ln
This is your lucky day! Stunning DETACHED beach home with a 2 car garage in the prestigious gated community of Harbor Pointe in Carlsbad!! No Mello Roos & Low HOA with pool & spa. 2 Bedrooms, 2 Baths plus Loft area. Loft may be used as a 3rd bedroom or home office. Home is elegantly upgraded with Caribbean walnut floors, flagstone fireplace with granite hearth & mantle, built-in cabinets plus more. Short walk to the beach, La Costa lagoon, restaurants, shopping, schools & parks. Welcome ...$670,000
Carlsbad East 3772 Portland Ct
Wonderful town-home in the Crest in the highly sought-after neighborhood of Calavera Hills! Spacious bright floor plan with 3 bedrooms and 2.5 bathrooms, fireplace in living room and private backyard! Kitchen offers granite counter tops and bar seating in dining room. Full size laundry closet upstairs. Master bedroom has huge mirror closet doors and closet organizers. New dishwasher! New washer/dryer! Newly installed duct insulation! Low HOA and No Mello Roos!$588,000
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Listing information last updated on September 21st, 2020 at 6:34am PDT.