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Fringe

Fringe

at Novel Park

NEW HOME COMMUNITY DESCRIPTION

The new homes at Fringe are in Irvine, California, in the master plan community, Novel Park. Fringe offers four different plans ranging from 1267-1724 square feet, two to three bedrooms, and two and three bathrooms. The townhomes are all three stories and include two-car attached garages.

RESIDENCE 1 Plan is 1267 sq. ft. | three-stories | two bedrooms | two bathrooms | two-car attached garage

RESIDENCE 2 WLH Plan is 1498 sq. ft. | three-stories | two bedrooms | two bathrooms | two-car attached garage

RESIDENCE 3 WLH Plan is 1562 sq. ft. | three-stories | two bedrooms | two bathrooms | two-car attached garage

RESIDENCE 4 WLH Plan is 1724 sq. ft. | three-stories | three bedrooms | three bathrooms | two-car attached garage

HOME BUILDER

NEW HOME DETAILS

Property Type:

Bedrooms:

Bathrooms:

Square Footage:

Floors:

Garage:

Single Family Homes

2-3

2-3

3

1267-1724

2 Car Attached

Gated:

Year Built:

Smart Home:

Solar Included:

HOA:

Mello-Roos:

Yes

2020

No

Yes

No

Yes

Mello-Roos is an additional cost to pay for community improvements like schools and streets etc., applied to regular property taxes for a set period between 20 to 40 years. The IRS typically doesn't allow you to write Mello-Roos off as you would with property taxes, so make sure you know the yearly cost before purchasing; they can be as high as $600 per month.
Solar should be included; builders pay bulk pricing for solar. Yes, they work it into the new home price, but it usually makes little noticeable difference to the monthly mortgage payment compared to your two to six hundred dollar electric bill.

Meets Comps.

HOME INSIGHTS

STARTING FROM

$643,990

COMPS. RANGE

$700k-1.2m

The new town-homes at Fringe are in the elegant and upcoming Novel Park community. The town-homes' exterior style has a contemporary style with attractive vertical and horizontal standing seam wall panels. I'm also impressed that with the use of the tall corner windows, they implemented instead of the generic windows that most builders use. As far as the area, the schools are all highly ranked, and the crime score is quite better than the national average. The guest parking seems to be minimal, which is typical of town-home communities, but these have up to four bedrooms; you may want to keep your options open if your family will require more than two vehicles. Unfortunately, they didn't plan for more storage room in the garage. It would have been nice to have room for a golf cart. Most HOAs have strict parking rules, so make sure and look at the CC&R's & ByLaws before purchasing -The sales agent is required to provide copies if you request them.

Upside

  • Modern & attractive exteriors

  • Paired townhomes

  • Quartz kitchen counters

  • White shaker cabinets

  • Smart home hub

  • Video doorbell

  • Smart thermostat

  • Smart locks

  • Great recreation center with unique amenities

  • Great parks

  • Well above average schools

Flipside

  • Minimal guest parking

  • Not Gated

  • Solar is not included

  • High Mello-Roos of around $5,000-$6,000 per year

  • High HOA of around $450

chula vista new homes.jpg

Irvine

LOCATION

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*School ratings are provided by GreatSchools.org

*Crime data is provided by the ADT Crime Map.

110330

143072

212375

Population 1980        Population 1990        Population 2000        Population 2010

62134

143 Mirth, Irvine, CA 92618, USA

7/10

9/10

n/a

Well Below National Average

Elementary School:

Middle School:

High School:

Crime Data:

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