HOA + Taxes + Mello Roos in Dove Canyon

Real Estate Agent with Realty Benefit

When people ask me how much the taxes are in Dove Canyon, my typical response has been, "it depends".

It depends on the neighboorhood, the selling price, and the HOA.

It was because of this question that I got curious, and decided to find out how much the "additional costs" amounted to in Dove. By additional costs, I mean Real Estate taxes, Supplemental Fees (Mello Roos etc.) plus the HOA.

I looked up the tax records on every home currently listed in Dove Canyon, then imported the data in Excel. I created a few formulas and let Excel do the calculations.

I calculated several things including furture estimatate taxes, estimated tax rate, total of taxes, supplemental fees and HOA fees both monthly and annually. But the most useful number I came up with is what I'll call the "all inclusive effective rate". That takes the annual  taxes, annual supplemental and the annual HOA combined and divides it by the estimated selling price.

The range for the all inclusive effective rate was pretty dramatic - from 1.32% to 1.72% with an average of 1.6%.

I've given this data to the clients that I am currenly working with and they appreciate it.

Dove Canyon consists of less than 1500 homes in total, yet the sales there this year have been pretty good.

In southern California, it doesn't get any better than Dove Canyon, unless perhaps you are within a block or two of the Ocean.

I hold open house here pretty much every weekend. I used to be amazed by the large number of people living in Dove Canyon that were looking to stay, but move up to a larger house. It's so common that it no longer surprises me.

If you are thinking about making a move to Southern California, do yourself a favor and check out Dove Canyon.

Give me a call, I would love to give you a tour.

Curious about home prices, check out my website, and do a search of the SoCal MLS.

Thanks for looking -

Paul McDuell


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California Orange County Rancho Santa Margarita Dove Canyon
dove canyon rancho santa margarita home price price per square foot rsm southern california socal
effective rate
taxes hoa mello roos

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