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msindy
Posts:13
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| 09/04/2008 5:00 AM |
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OK, so I've decided that 4S Ranch might be a place that I'd want to live in if/when I get back to SD. I know someone here has nicknamed it Foreclosure Ranch which should help us in a few years when we move.
The prices still have to drop considerably in order for us to buy there, but was wondering what people thought of the area. Poway schools and being able to walk/ride bike to shopping, parks and schools are Huge pluses as far as I'm concerned.
Is this area already completely built-out? What about traffic congestion--has the opening of Route 56 helped alleviate any of the I-15 mess at rush hour?
Thanks as always for your help. |
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78TTop
Posts:88
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| 09/04/2008 6:19 AM |
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If you're planning to be a local, you need to use proper terminology. It's 4Closure Ranch. And if you like McMansions, you're looking in the right place.
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jpinpb
Posts:1479
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| 09/04/2008 7:01 AM |
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| Unfortunately I have occasion to go up there. The traffic, IMO, is a nightmare, 56 & 15. Neighborhood seems nice, lots of McMansions as 78T said. Big, beautiful, new homes stacked together. I just couldn't do that commute every day. Pains me to do it once a week. Not enough money or love for me to go there. As El Pato said, I wouldn't live there on a bet. BUT I guess everyone that lives there must love it despite the traffic. Schools are the best, no denying that. Unless you send to private. The Mello Roos suck. |
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LoonyQT
Posts:904
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| 09/04/2008 4:27 PM |
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| 4S is THE neighborhood to be in of the Poway School District these days. Lots of Families, Lots of Ammenities, Lots of pretty MacMansions if you like that kind of lifestyle. HOWEVER, my biggest gripe is the weather as it's set in a valley - it's a good 5' hotter than PQ. Personally, I would look at Camino Del Sur homes as there is as much distress especially in Avalon Point and I think the location is a bit better. ALSO, Carmel Valley is beginning to show distress (lots and lots of construction during the boom - more foreclosures on the horizon - inventory not moving) and 92130 will be a better "investment" in my opinion. But that's just me. Good Luck - have fun! |
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Eugene
Posts:268
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| 09/04/2008 4:44 PM |
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"4Closure Ranch" nickname is unwarranted. At the present time, 4S Ranch probably has the lowest level of distress of all major inland McMansion developments. Will the situation change a few years down the road? Maybe it will, maybe it won't. It's much closer to employment centers than neighborhoods like San Elijo Hills or Eastlake. Many people living there can actually afford their houses.
Demographics is somewhat unique. Go on a model tour, sit in a park, you'll know what I mean.
I used to live in an apartment complex in the area, it took me 20-25 minutes to get to work in Golden Triangle. 56 is congested going through Carmel Valley during rush hour. Otherwise traffic is okay. |
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LoonyQT
Posts:904
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| 09/04/2008 5:42 PM |
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| Eugene - what do you mean the demographics are unique? They seem very new community inland corridor to me - white and asian, upper-middle class. |
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teek
Posts:3
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| 09/04/2008 6:22 PM |
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There are a lot of condominiums in 4S and "smaller" homes. That means a lot of people in their mid to late 20's who are college grads. It is a little confusing. I went to Panera there in 4S and the place was packed with what seemed to be either students or other mid-twentish people. There were a few families but plenty of laptops.
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Eugene
Posts:268
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| 09/04/2008 10:39 PM |
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what do you mean the demographics are unique?
I'll say this. In many parts of San Diego you have to learn Spanish if you want to fit in. In 4S Ranch, you'll have to learn Mandarin Chinese. |
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mdkail
Posts:1
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| 09/05/2008 8:17 AM |
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[quote]Posted By teek on 09/04/2008 6:22 PM
I went to Panera there in 4S and the place was packed with what seemed to be either students or other mid-twentish people. There were a few families but plenty of laptops.
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well panera is not really indicative of the demographic of the area.
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78TTop
Posts:88
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| 09/05/2008 9:01 AM |
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Eugene,
Have you looked at a 92127 foreclosure list? Almost every 4S Ranch street name is listed. Don't let the lack of realtor signs in front yards fool you. There are tons of 4S Ranch homes for sale and lots of them are REOs.
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LoonyQT
Posts:904
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| 09/05/2008 9:48 AM |
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I like to use ZipSkinny to compare demographics.
Generally speaking, Asians like to buy new construction in early phases (anecdotal and confirmed by other's anecdotal experience). The asians in san diego tend to more densely occupy the 15 corridor from mira mesa to 4s as well as carmel valley. |
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Eugene
Posts:268
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| 09/05/2008 12:33 PM |
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Have you looked at a 92127 foreclosure list? Almost every 4S Ranch street name is listed. Don't let the lack of realtor signs in front yards fool you. There are tons of 4S Ranch homes for sale and lots of them are REOs.
I have a subscription to ForeclosureRadar. Right now it is showing:
within 1/2 mile from the intersection of Windingwalk St & Morning Star Dr, Chula Vista (Otay Ranch): 25 bank-owned houses
within 1/2 mile from Questhaven Rd and Thorley Way, San Marcos (San Elijo Hills): 14 bank-owned houses
within 1/2 mile from Ralphs Ranch Rd and Camino San Thomas, San Diego (4S Ranch): 5 bank-owned houses |
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Eugene
Posts:268
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LoonyQT
Posts:904
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| 09/05/2008 1:02 PM |
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[quote]Posted By Eugene on 09/05/2008 12:46 PM
Also, it is showing 6 REOs in all of Carmel Valley, and one of them has already been sold, the just don't know that yet.
quote]
WHAT?!?!
just go to realtytrac.com and punch in 92130 (carmel valley). For free, you can see the pendings, auctions, and bank-owneds. There are way more than 6 my friend.
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LoonyQT
Posts:904
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| 09/05/2008 1:06 PM |
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Page 1 of bankowned properties (of like 15 pages)
12576 Caminito Mira Del Mar
San Diego, CA 92130 9/4/2008 NA NA $436,000.00
3622 Bernwood Pl # 49
San Diego, CA 92130 8/30/2008 1 1 $279,000.00
12775 Caminito Diego
San Diego, CA 92130 8/29/2008 NA NA $636,000.00
13104 Chambord Way
San Diego, CA 92130 8/22/2008 5 3 $690,000.00
3504 Caminito El Rincon # 8
San Diego, CA 92130 8/20/2008 2 2 $318,000.00
4889 Ruette De Mer
San Diego, CA 92130 8/19/2008 5 3 $839,000.00
12630 Carmel Country Rd # 108
San Diego, CA 92130 8/18/2008 2 2 $380,000.00
13598 Dogwood Way
San Diego, CA 92130 8/15/2008 4 3 $632,000.00
13549 Tiverton Rd
San Diego, CA 92130 8/14/2008 2 2 $415,000.00
12530 Carmel Creek Rd # 138
San Diego, CA 92130
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LoonyQT
Posts:904
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| 09/05/2008 1:08 PM |
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page 2 of banked owned in 92130
3857 Pell Pl
San Diego, CA 92130 8/6/2008 2 2 $320,553.00
12668 Carmel Country Rd # 60
San Diego, CA 92130 8/2/2008 2 2.5 $544,500.00
3857 Pell Pl # 305
San Diego, CA 92130 8/1/2008 1 1 $290,000.00
3857 Pell Pl # 205
San Diego, CA 92130 7/31/2008 1 1 $321,000.00
12668 Carmel Country Rd
San Diego, CA 92130 7/30/2008 2 3 NA
3605 Bernwood Pl # 73
San Diego, CA 92130 7/30/2008 2 2 $337,000.00
13211 Petunia Way
San Diego, CA 92130 7/26/2008 3 2.5 $613,000.00
12143 Caminito Mira Del Mar
San Diego, CA 92130 7/26/2008 2 2.5 $406,000.00
4039 Carmel View Rd # 108
San Diego, CA 92130 7/26/2008 2 2 $368,000.00
12510 Carmel Creek Rd # 185
San Diego, CA 92130
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LoonyQT
Posts:904
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| 09/05/2008 1:29 PM |
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to get back on topic - here are BANK OWNED properties in 4S (just the 1st 2 pages)
12656 Springbrook Dr
San Diego, CA 92128 5/12/2008 NA NA $418,000.00
10834 Autillo Way
San Diego, CA 92127 9/4/2008 NA NA $540,000.00
7870 Sendero Angelica
San Diego, CA 92127 9/4/2008 NA NA $624,000.00
11333 Avenida De Los Lobos # F
San Diego, CA 92127 8/28/2008 1 1 $221,000.00
10274 Prairie Springs Rd
San Diego, CA 92127 8/26/2008 3 2 $542,000.00
17127 W Bernardo Dr # 206
San Diego, CA 92127 8/26/2008 2 1 $239,000.00
17195 W Bernardo Dr # 105
San Diego, CA 92127 8/22/2008 2 1 $238,000.00
17038 Albert Ave
San Diego, CA 92127 8/20/2008 4 4 $817,000.00
7436 Rancho Cabrillo Trl
San Diego, CA 92127 8/15/2008 4 3 $1,178,000.00
17246 4s Ranch Pkwy
San Diego, CA 92127 8/14/2008 5 4 $672,000.00
17165 W Bernardo Dr # 207
San Diego, CA 92127 8/12/2008 2 2 $241,000.00
10556 Hollingsworth Way
San Diego, CA 92127 8/9/2008 NA NA $483,000.00
17378 Carranza Dr
San Diego, CA 92127 8/8/2008 4 2 $433,000.00
18115 Moon Song Ct
San Diego, CA 92127 8/8/2008 4 2.5 $467,613.00
16978 Robins Nest Way # 1
San Diego, CA 92127 8/8/2008 2 2 $278,000.00
17016 Matinal Rd
San Diego, CA 92127 8/8/2008 4 2 $470,000.00
14790 Encendido
San Diego, CA 92127 8/8/2008 4 4 $2,004,000.00
17161 Alva Rd # 3116
San Diego, CA 92127 8/6/2008 2 2 $161,000.00
16160 Cayenne Creek Pl
San Diego, CA 92127 8/2/2008 5 2.5 $773,000.00
17161 Alva Rd # 2038
San Diego, CA 92127 8/1/2008 2 2 $242,000.00
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Eugene
Posts:268
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| 09/05/2008 1:34 PM |
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realtytrac.com is incredibly poorly maintained, properties aren't added or removed promptly, sometimes they even show houses that were in distress 2 years ago but no one bothered to update their database. Also, whenever you search for a zip code, they show you all bank-owned properties in that zip code and a 10 mile radius around it. ForeclosureRadar is much more reliable.
Also, most of the distress in CV is in condos. Single family houses fare much better. There are 6 bank-owned SFRs and 23 bank-owned condos in CV.
12576 Caminito Mira Del Mar - condo
3622 Bernwood Pl # 49 - condo
12775 Caminito Diego - condo
13104 Chambord Way - already sold (MLS# 080054965)
3504 Caminito El Rincon # 8 - condo
4889 Ruette De Mer - on my list
12630 Carmel Country Rd # 108 - condo
13598 Dogwood Way - on my list
13549 Tiverton Rd - condo
12530 Carmel Creek Rd # 138 - condo
etc. |
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LoonyQT
Posts:904
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| 09/05/2008 1:39 PM |
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But Eugene - there seems to be sooooooooo much more than 6+23. RealtyTrac is the leader in this foreclosure info business - they can't be that off? can they?
I'm starting a new thread about foreclosure subscription sites now - maybe I need a new one. Feel free to share what you like about foreclosureradar.com there. thanks |
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Eugene
Posts:268
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| 09/05/2008 1:44 PM |
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From your list, only 8 properties are actually in 4S Ranch, and at least 3 of those are condos. I'll look deeper with ForeclosureRadar.
12656 Springbrook Dr - Sabre Springs
10834 Autillo Way - old Rancho Bernardo
7870 Sendero Angelica - Santaluz
11333 Avenida De Los Lobos # F - Rancho Bernardo
10274 Prairie Springs Rd - 4S
17127 W Bernardo Dr # 206 - old RB
17195 W Bernardo Dr # 105 - old RB
17038 Albert Ave - 4S
7436 Rancho Cabrillo Trl - Santaluz
17246 4s Ranch Pkwy - 4S
17165 W Bernardo Dr # 207 - Santaluz
10556 Hollingsworth Way - 4S
17378 Carranza Dr - old RB
18115 Moon Song Ct - old RB
16978 Robins Nest Way # 1 - 4S
17016 Matinal Rd - old RB
14790 Encendido - Santaluz
17161 Alva Rd # 3116 - 4S
16160 Cayenne Creek Pl - 4S
17161 Alva Rd # 2038 - 4S
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