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3714 Dwight Street | San Diego | Spanish Style Home

by North Park Real Estate Expert-Metro San Diego

This darling Spanish Style Bungalow home is located in City Heights, right across the street from North Park's 92104 zipcode. Not too many people are familiar with this pocket so don't miss this Open House that we are holding open on Saturday and Sunday (7/28-7/29).

3714 Dwight Street

Homes for sale in San Diego's metro neighborhood are challenging to find because of the low inventory that we are experiencing. So, make sure that you have already spoken to your lender and have gotten pre-approved; better yet, if you have a great lender that is on top of things, they will have already gotten you desk DU approval. This way, if you come to the open house and fall in love with the home, you will indeed be ready to make an offer that will look stronger than someone who either has a regular pre-approval or has not been pre-approved at all.

Finding a great home for sale at an affordable price these days seems like a stretch in North Park, South Park, Normal Heights, University Heights and other parts of San Diego's Metro neighborhoods. Well, this is not the case. There are still great opportunities and several areas that some people are just not aware of. There are lots of pockets in our metro neighborhood that we can show you such as this one.

For more information about this wonderful home and this area of San Diego where great opportunities are still at ones reach, contact the McT Real Estate Group right away 619-818-8122.

3020 Bancroft Street-Open House

by North Park Real Estate Expert-Metro San Diego

Pre-Sneak- Preview- Open House Today from 1-3.

North Park, San Diego is one of the most sought out neighborhoods in San Diego's Metro Community. The culturally diverse group of people that live here, the and ability to walk to a great variety of restaurants in North Park such as Urban Solace, Sipz, cardamom bakery (just to name a few), unique shops such as Pigment or  Simply Local, and the older style Craftsman, Spanish and Bungalow Style homes make it unique and a fun place for all age groups.

Today we are introducing this beautiful Spanish Style home in North Park which has been updated with today's amenities, such as central AC, open concept kitchen, updated bathrooms, yet still captivating original charm with its' barrel ceiling and large arched picture window in the living room.

For more information or to schedule a private showing, call us directly at  (619) 940-1554.

South Park Rental Open House

by North Park Real Estate Expert-Metro San Diego

South Park has a Mult-Unit Property that has two Darling Rentals Properties and waiting for great tenants. We will have open houses for both on Sat. May 6th from 12-2pm. For more info on these detached homes, click on the images below.

 

This is the one bedroom one bathroom

1538 33rd street

 

This is the two bedroom, two bathroom home

1540 33rd

Home Inspection Tips for Buyers

by North Park Real Estate Expert-Metro San Diego

Selling a House

 

You have been searching for a home to buy in North Park, San Diego for quite some time. Finally, you found a house you love and the seller has accepted your offer - You are now in what we in San Diego call “in escrow”, so what’s next?  

 

In Escrow

 

Escrow is a third party company that holds the deed to a seller’s property until the buyer has acquired a mortgage and/or comes in with the complete funds and all conditions have been met to purchase the seller’s home.

 

It is time for you and your Realtor to schedule the home inspection.  The home inspection is a crucial part of the home-buying process, and there is only a small window of time to get it done.  A great realtor will be on top of things to make sure the process goes as smoothly as possible.

 

Although the buyer is responsible for the home inspection report, sellers will sometimes have their own pre-inspection report done in order to avoid surprises after accepting an offer. This is not to say that you are not to do your own inspection. You can, and should. However, it’s important not to assume that you will be able to renegotiate on the purchase price after your inspection is done. You are simply having this done to either confirm what is already in the seller's’ report or to have your own completed by your preferred home inspector.

 

The Purpose of the Inspection

 

The purpose of a home inspection is to evaluate the condition of a property before you buy it. You want to know exactly what you are going to be purchasing and if there is anything of concern that you should know about. This does not mean that the seller will have to fix any of the items that come up in the home inspection. Although, if you have a good buyers agent, they will be able to negotiate certain items if they are major ones. With this being said, this will depend on the seller and on whether you are in a buyer’s market or a seller’s market.


What is checked during a Home Inspection?

 

The home inspector will look at the infrastructure of the house: the heating/air-conditioning system, plumbing, structure, electrical, and fireplace ventilation.  The condition of the roof, the exterior of the building, the driveway and walkways, surrounding walls, and fences are also checked.  The inspector makes sure the house is safe to inhabit and that it is up to code.

There are hundreds of things that a home inspector checks, so it’s important to prepare if you have specific things you want to focus on.When the home inspector is finished, he or she will produce a home inspection report, a document with all the details of the findings of the inspection.

Be Present During the Home Inspection

This may be obvious, but make sure you are present for the home inspection.  You will get a lot more out of being there than by trying to read the home inspection report afterward.  You want to learn as much as possible about your new home.  The inspector will show you how the systems work. They’ll also point things out that are currently acceptable but will need maintenance down the line.  

Make sure you have ample time scheduled to be there. A home inspection in a North Park or South Park Home typically takes around 2-4 hours. This, of course, depends on the size of the house and how much access space is under the house and in the attic. Most of the homes in this part of San Diego do not have basements like in the Mid-West or East Coast. Here, we have crawl spaces, and some are not very big. So, for this reason, it can take some time for a diligent home inspector.

This is your future home - you don’t want to miss something important because you are thinking about another appointment.  Be attentive, and don’t be afraid to ask questions.  


Your Realtor - The Buyer’s Agent

Your Realtor should have the number of several trusted licensed home inspectors to choose from. You don’t want to hire an inexperienced home inspector that misses things during the inspection. Also, your Realtor should go through the seller's disclosures with you and make sure that you understand what is in them. If the seller is aware of any issues or malfunctions, hopefully, they have noted them in these disclosures.

Technically, you have 17 days to remove the home inspection contingency if you did not change that in your offer. Although, a good Buyer’s Agent will reduce the timeframe to 10 days to appeal to the sellers so that your offer looks better than your competition.  This is why an organized Realtor is crucial - you’ll need someone who’s on the ball to make sure this part of the process goes smoothly.  For more info on getting your offer accepted, check out this article.

Seller Disclosures Before Your Home Inspection

Your Realtor should ask the listing agent to provide the disclosures before you have the inspection done. This will help since the seller would have put anything and everything that they know about the home in these documents. There may have been things that the seller already repaired. By having them in front of you, you can have your inspector look at those areas.

Home Inspection Checklist

It is a good idea to make a buyer home inspection checklist beforehand.  This way, you will be able to ask the home inspector about it and make sure that they address the question of concern.  

 

  • Water Intrusion - It doesn’t rain much in San Diego, but when it does, you want to be dry when you’re in your home!  A wet crawl space is a sign the house floods when it does rain so ask the inspector if there dampness.  You can check for damp odor yourself.  Also, if the house has the original roof, there could be a leak or two - look in the attic for water stains.  This can tell you something about the roof’s current condition.  Check around the windows for any signs of leaks.  Make sure the drainage of the property is good by checking the condition of the gutters.

 

  • Electrical System - A home inspector will check the performance of the electrical panel for voltage drop and grounding. He doesn’t have to check all the outlets/light switches so it’s a good idea for you to check so you can ask about any faulty outlets you may discover.

 

  • Exterior - Look at the condition of exterior walls, porch, and surrounding areas like a patio/front garden.   Replacing concrete is costly and labor intensive, so take note of the condition the of driveway, walkways, sidewalk in front of the house.

  • Foundation - A fundamental part of the house.  Fixing can be very expensive, so make sure the foundation is in good order.  Your realtor will have trusted resources for foundation contractors and structural engineers so make sure to put this to use.

 

  • Plumbing:  The obvious is making sure all the plumbing fixtures work.  The inspector will check the water heater.  It may pass the inspection, but you can ask how soon it needs to be replaced.  Also, you don’t want the sewer line cracking after you’ve moved in, so ask the seller if it has been scoped for signs of damage. You should also have a plumber scope the sewer line during your inspection period as well.

 

  • Heating/cooling system:  Set the thermostat to a cold temperature, like 60 degrees, and see how cold the air coming out of the vents get.  If it doesn’t get that very cold, the system will probably need to be serviced.  Often, when newer systems are put in, the old system will be left underneath the house.  Ask the seller if it’s been removed, or you’ll have to do it yourself.

 

What to Expect from the Seller

 

Every case is different, so it depends on how much information on the home was listed upfront. If all inspections, reports, and bids were presented upfront, before you submitted an offer, there is not much to expect that a seller will fix. If these items were not presented up front and instead they are discovered during your inspections, this is different. Again, it depends on the seller's motivation, what kind of market we are in and how reasonable, you, the buyer are being when asking for repairs. If the house comes back with major unexpected issues and the seller is not willing to renegotiate, then you may want to move on to the next property. If the seller will renegotiate, this can be a possible win-win for both you and the seller.


Conclusion

Once the house is yours, all the quirks that go with the home are now yours too.  The great thing about the home inspection is that if it comes back that the house has major issues and you do not want to deal with this, you can cancel within your contingency period and move on.  When you’re aware of what you’re getting into, or knowing beforehand that you’ll have the choice to walk away completely, you’ll feel more confident about buying a hoe. For more tips on feeling confident when buying, read this article.










North Park Real Estate Market Report

by North Park Real Estate Expert-Metro San Diego

Here is a look at the North Park Real Estate Market for December 2016. Although the market strongly favors seller, we are starting to see a little bit of a shift in 2017. This is because of the higher interest rates that have taken place in the last couple of weeks and there are talks of them going a little higher. When this happens, buyers are not able to afford what they were able to afford previously and therefore prices start to calm down a bit.

 

Here is a Look at the Housing Stats in North Park

There were 11 single family homes that sold as of December 30th of 2016. These properties sold on average at $579.00 per square foot which was a median price of $594,300.

 

2 Bedroom Homes - 121 two bedrooms homes sold in North Park in 2016 at an average of $622.00 per square foot and a median price of $564,000.

 

3 Bedrooms - 98 three bedrooms sold in North Park in 2016 at an average price of $546.00 per square foot and a median price of $775,250.

 

4 Bedrooms-14 four bedroom homes sold in North Park during the same time at an average price of $454.00 a square foot and a median price of $819,500.

 

5 Bedrooms-1 five-bedroom home sold in North Park in 2016 at $448.00 per square foot for a total of $787,000. You can see that there are very few homes in North Park that are more than 3 bedrooms. You will also notice by looking at the numbers that the more bedrooms/square footage the homes have, the less per square foot they sell at.

 

A Look at the Multi-Unit Stats in North Park

 

A look at the Condo Market Stats in North Park

 

There was a total of 15 Condos that sold in the month of December. The condo market is not as hot as the Single Family Home market, however, we are still seeing good activity. The average price per square foot for condos that sold in North Park was $394.00 with a median price of $379,000. This is a great way for someone to get into the market without having the higher prices that come with buying a Single Family Home.

1 Bedroom - There were 54 one bedroom condos that sold in North Park in 2016 at an average price of $396 per square feet and a median price of $228,500.

 

2 Bedroom - The most units sold in 2016 were the two bedrooms for a total of 137 at an average of $401.00 per square feet with a median price $349,900. 

 

3 Bedrooms - 10 three bedroom condos sold for $360.00 per square feet and a median price of $405,000.

 

What Does This All Mean?

With 1.5 month inventory, you will find that today's North Park Real Estate Market to still be a SELLERS Market. 

What does this mean if you are selling a house in North Park?

For a seller who has decided to sell their home at this time, this means that if you align yourself with a Realtor who specializes in the neighborhood, you can come up with a strategic plan where you can possibly receive multiple offers and benefit from the lack of inventory. Ultimately, you will be able to receive the highest and best offer possible which means more money in your pocket.

Wondering what your home is worth? Find out instantly with our 15 second home value calculator.

 


Here are the most recent home listings that have just been added to the MLS database in the average range for North Park. All homes here are priced at $700,000 or less.

 



What does this mean if you are buying a house in North Park?

Do Open Houses In North Park Work?

by North Park Real Estate Expert-Metro San Diego

 North Park Open House sign

Here at the McT Real Estate Group, we do things a little different. The week before the open house we advertise to our database of over 7,000 people that are actively looking to buy a home in the North Park and surrounding neighborhoods. We also call and send out invitations to people in the neighborhood. We do this because people in the neighborhood have friends that may want to buy a home in the same neighborhood as their friends. We also post ads on Facebook and Instagram as we get a lot of inquiries from these sources. On the morning of the open house, at least 20-30 directional signs are put out letting people know that during 1-3 we will have your home open to the public.

You may ask, “Have we ever sold a house because of an open house?" The answer is yes. This has happened on many occasions. The reason is because potential buyers don’t always have time during the workweek to see a home because of the late hours that they work. By advertising that the home will be open during the weekend, buyers have come through and have fallen in love with the homes, put offers on them and ultimately purchased them. By marketing the home to as many people as possible for a weekend open house and making it easy for potential buyers to see your home, this will bring you, the seller, great results.

If you have any questions on buying or selling your home in North Park, South Park or any of the Metro Neighborhoods in San Diego, give the McT Real Estate Group a call. We would love the opportunity to speak with you. 

Good Schools can Raise Home Values by 77%

by North Park Real Estate Expert-Metro San Diego

Good schools help home buyers determine where they want to focus their property searches. Families want neighborhoods with an excellent quality of life where they can ensure their children receive the best education possible….BUT good schools are not just a benefit to those homeowners with young children! According to the recently released ATTOM Data Solutions 2016 Schools and Housing Report, homes in zip codes that contain at least one highly ranked elementary school have home values 77 percent higher than homes in zip codes without one!!!

To find these results, ATTOM Data Solutions examined almost 19,000 elementary schools across the nation in 4,435 zip codes. Elementary schools were defined as “good” if their 2015 average test scores were at least one-third above the respective state average. This data was then analyzed alongside the 2016 home values and price appreciation in the local area.  

As of July 2016, the average estimated home value was $427,402 in 1,661 zip codes with at least one good school. This is compared to the average estimated home value of $241,096 in the 2,774 zip codes without a good school. That’s a difference of 77%!

Homes in zip codes with good schools also provide a good long term investment for owners. The study found that homeowners residing in such zip codes had...on average...a 32 percent return on their investment! Over the past decade, home appreciation values have been far more volatile in those zip codes without any good schools.

Looking for a home in a neighborhood with a great school in the San Diego metro area?! It’s incredibly easy to do! Many communities in San Diego are served by Poway Unified School District. This school district has been ranked as the 15th best in California by Niche! Poway received high grades from Niche for its excellence in academics, educational and teaching staff, and educational outcomes.


Set your child up for academic success and increase the value of your home by living near one of these top ranked elementary schools:

The top rated elementary schools in San Diego, Park Village Elementary School  (7930 Park Village Road) is a National Blue Ribbon Winner! This program awards schools based on their overall academic excellence. It acknowledges excellence in teaching and learning and is a great honor for schools to receive. The school has also been named a California Distinguished School in recent years. Current Homes for Sale near Park Village.

Creekside Elementary School  (12362 Springhurst Drive) has been highly ranked by Niche. The website ranks the school within the state’s top 80 for best academics and teachers! The school is uniquely organized into 5 “villages” that increase collaborative learning amongst classrooms. Current Homes for Sale near Creekside.

Del Sur Elementary School (15665 Paseo Del Sur) instills a strong sense of academic pride within its young students. According to California education standards, 94% of the students at Del Sur Elementary are proficient in reading and math making them amongst the best and brightest students. Current Homes for Sale near Del Sur.

 

Let us help you find your dream home in San Diego! Give the McT Real Estate Group a call today or visit our website at www.marymctsoldme.com.

Resource: RISMedia

3078 Ivy Street-San Diego- Just Listed

by McT Real Estate Experts-Metro San Diego

South Park Open House

Just Listed in South Park, a beautiful 3 bedroom Craftsman Bungalow. We will be open this Saturday and Sunday,

Dec. 27th and 28th from 1-3pm. We hope to see you there.

Coming Soon in Morley Field-North Park

by North Park Real Estate Expert-Metro San Diego

Coming Soon, on Oct. 13th.

Morley Field, in North Park introduces this darling Spanish Style Bungalow.

Quaint and private in the sought out neighborhood of Morley Field, in North Park sits this delightful Spanish Style home on a large 6300 sq.ft.lot, with tremendous room for expansion. The south facing living room features a gas fireplace with new brick facade/ hearth,  coved ceiling and a nice bay window, allowing desirable natural lighting to filter in. Newer dual pane windows throughout (with the exception of the bay window )helps keep this home cool in the summer and warm in the winter. Dine outside on the redwood deck just off the spacious kitchen which features new stainless steel appliances.

Separate detached 12x18 structure in rear of property makes a great home office, or workout studio.  Park in the front driveway or in the large ( 2+ car or RV/boat) gated parking area off the back alley.  Move in and enjoy it’s current charm or build your dream home.  Walk to North Park's eclectic restaurants and shops , Balboa Park, where you can enjoy swimming, tennis, hiking trails and bring your dog to the dog park. Just minutes away from Downtown, Hillcrest and San Diego Airport. 

 

Villa Terrace

Coming Soon in Morley Field-North Park

by North Park Real Estate Expert-Metro San Diego

North Park Spanish Style Home

Coming Soon, Mid October

Call us to find out how to be the first person in to see this beautiful home and have the opportunity to buy it.

  

 3446 Arizona Street

Morley Field North Park

3446 Arizona Street master

 

Beautiful Spanish Style home located in the desirable and sought out neighborhood of Morley Field in North Park, one block in from the park. Recently designed and remodeled mostly by Marrokal, a well known design and remodeling company in San Diego. Some features include an inviting entryway with flagstone pathway, a fountain exuding serenity, professionally designed landscape, including a drip system, French drain system and lighting on each step as you walk up into the home.

The outside has been completely re-stucco'd with a spanish style finish and warm color that is appealing to the eye. Enter in the Mission Grille style door into the living room featuring a cozy gas fireplace restored by Authentic Fireplaces. An open layout with hardwood floors, wood molding and trim, inset ceilings throughout adding character and craftsmanship to the design. French Doors in the dining room lead out to the large and private balcony underneath a beautiful trellis with views of the park, designed for outdoor dining and entertainment. The kitchen is bright with lot's of natural light, and embraced with a plenitude of cabinets, and counter space. French Doors lead out to the very private back yard dressed with pavers and very low maintenance. Another great feature are the double glazed high performance Low E windows and with the newly insulation of this home, you rarely have to use the central heat or ac, although it is nice to have it available these days.

The upstairs master suite is large and cozy featuring recessed lighting, inset ceiling that ties in with the rest of the home. Also featuring a beautiful designer bathroom where you can soak in the deep bathtub or use the separate glass enclosed shower. Also included in this magnificent space is the walk in closet. Enjoy the view of the out door as you open the French sliding door that leads to a Romeo and Juliet balcony. Another fantastic feature of this home is that it is completely wired with CAT6 lines, surround sound with speaker wire from control locations.Featured as well is a very large 2 car garage where you can drive in and access the home with out having to walk back to the front of the house. Steps away from Morley Field Park.

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Photo of McT Real Estate Group Real Estate
McT Real Estate Group
EXP Realty of California Inc
3855 Granada Ave
San Diego CA 92104
619-818-8122
619-736-7003