Property Q&A in Ardenwood>Question Details

Sam, Home Buyer in Union City, CA

Does the HOA fee for a typical condo include property tax?

Asked by Sam, Union City, CA Mon Mar 23, 2009

In specific, I am looking for an investmental property in Ardenwood(Fremont) area. I saw a lot of listings for condos, such as one in Tacoma or Musk terrace etc. But need to know how much will it cost to me including HOA fees!

-=-
Sam

Help the community by answering this question:

Answers

5
Hi Sam,
As Walter mentioned, the homeowners association fees/dues do not include property taxes.
Although some include following; water, trash, earthquake insurance, and street & lighting maintainance.

Take care,
Brian Ripp, CRS, GRI
Broker, Notary
http://www.BrianRipp.com
http://www.RealtyWorld-Viking.com
Real Estate Market Weekly Update Webcast: http://realtytimes.com/REUv/BrianRipp
510-710-4905 cell
510-794-9006 wk
Realtor since 1985
1 vote Thank Flag Link Mon Mar 23, 2009
Hello Sam,

HOA fees does not include property taxes, not in Ardenwood where you are interested.

How much will it cost including HOA?....depends on the asking and
contract price of a subject property.

I help you with all the calculation.

Please feel free to call at 510-381-2105
or email me at CharoBhatt@gmail.com

Good luck to you,

Charo Bhatt
510-381-2105
http://www.HomesByCharo.com
0 votes Thank Flag Link Thu Apr 2, 2009
Hi Sam,

Every HOA has their own fees so they can vary from one condo complex to the other. Do not go by the fees listed in the MLS. Make sure you agent calls the Home owners association to find out exactly how much the association fees are. And no, they do ot include the property taxes.

I had a buyer looking for a condo that showed $160 in the MLS. I called the listing office to find out if that was the real figure and they assured me that it was correct. I still wanted to be absolutely sure so I called the HOA and they told me it was $360 per month. What a difference that was from the listing agent's numbers. Needless to say my buyer did not buy that unit even though it was perfect in every other way. So please look into the HOA fees first before putting in an offer if that is just as important to you.

If I can be of any hel, you can reach me at 510-279-9580.

Meena Gujral
Help-U-Sell Achievers Realty
40083 Mission Blvd
Fremont, Ca. 94539
510-279-9580
0 votes Thank Flag Link Tue Mar 24, 2009
Sam:

If you are interested in a specific property, I can run a Net Sheet for you that will spell out the specific costs to buy the property and the monthly costs going forward. Let me know if that would be helpful for you.
.
Web Reference: http://www.carlmedford.com
0 votes Thank Flag Link Mon Mar 23, 2009
Hi Sam,
HOA fees typically DO NOT include property taxes.
Sorry, Walter
0 votes Thank Flag Link Mon Mar 23, 2009
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer