Sweet Orange

Can this 1982 condo with 1400 square feet at 33 Christamon S in Irivne’s Northwood sell with an asking price of $429,000 or $307 per square foot? The reason that I am wondering is that some brand new condo’s in Ivy Woodbury East are selling for $400,990. The Ivy homes have three bedrooms and 1397 square feet. However, the Ivy homes have a Mello Roos tax of about $3,971 per year, and this Northwood home has none. Also, the Ivy HOA fee is $134 for the master association and $175 for the sub-association; the Northwood has an HOA fee of $248 per month.

Ivy is within walking distance of the very nice and new Woodbury Town Center. The Christamon home is within walking distance of the Northwood Shopping Center–not so new and a little run down. (But you can get some very cheap fresh fruit and some other interesting things in the Korean supermarket that is located in the former Von’s location.)

Ivy is near the Jeffery Open Space Trail. Christamon is within walking distance of the picturesque Hick Canyon Trail. What I like about the Hicks trail is that in addition to the paved trails–which Irvine seems to likes so well–there is a dirt trail. This dirt trail is particularly popular with runners and bike riders.

33 CHRISTAMON Irvine, CA 92620 (near Irvine Boulevard and Yale Avenue)

• 1985 Northwood condo with two stories
• 1400 SF with 2 beds/2.5 baths
• Asking Prie: $429,900 ($307/SF)

Note: The Ivy homes are near Irvine Boulevard and Sand Canyon. And the Ivy homes also have two stories.