Dollar Point – Active
Address	#Beds	#Baths	Garage	Sq Ft	DOM	List Price	LP/Sq Ft
110 Mammoth Drive	4	3	2	3047	88	$1,950,000	$639.97
Dollar Point – Sold
Address	#Beds	#Baths	Garage	Sq Ft	DOM	List Price	Sale Price	SP/Sq Ft
133 Mammoth Drive	3	2	None	2,010	12	$1,200,000	$1,100,000	$547.26
106 Tahoma Avenue	3	2	None	1,696	11	$1,650,000	$1,590,000	$937.50
56 Observation Drive	3	2	One	1,888	9	$1,599,000	$1,700,000	$900.42
147 Marlette Drive	4	3	Two	2,026	9	$1,900,000	$1,750,000	$863.77
171 Edgewood Drive	3	2	Two	1,855	35	$1,850,000	$1,803,750	$972.37
Average Under $2M				1,895	15			$844.26
154 Skyland Way	3	2.5	Two	2,200	64	$2,099,000	$2,100,000	$954.55
201 Edgewood Drive	4	2	Two	2,068	12	$2,190,000	$2,250,000	$1,088.01
50 Tahoma Avenue	4	4	Two	3,303	272	$2,699,999	$2,500,000	$756.89
Average $2M to $3M				2,524	116			$933.15
3175 Edgewater Drive	6	5	Two	3,864	137	$5,500,000	$5,350,000	$1,384.58
50 Edgecliff Court	6	4.5	Two	6,088	18	$6,495,000	$6,300,000	$1,034.82
Average Over $3M				4,976	78			$1,209.70

Have you thought about moving but are worried about property tax increases?

Then I have great news to share with you. There are new tax benefits you could be qualified to take advantage of that will allow you to move without big tax increases.

With the passage of Proposition 19, homeowners who are 55+, severely disabled or victims of wildfire or natural disaster may transfer their property tax base of their existing home to a new home anywhere in California without price restriction. This is a significant improvement from the current law that is confusing, unfair and limiting.

Prop 19 new tax benefits for homeowners 55+, severely disabled, or victims of wildfire or natural disaster, as of April 1, 2021 include:

• Moving anywhere in California: Prop 19 removes location restrictions on property tax transfers allowing the transfer of the property tax base of an existing home to a new home anywhere in California.
• Moving to any home regardless of price: Prop 19 removes price restrictions on property tax transfers allowing the transfer of the property tax base of an existing home to a new home regardless of price (withan adjustment upward to their tax basis if the replacement property is of greater value).
• Transferring the low property tax base of your original home to a new home up to THREE times (or more for victims of wildfire or natural hazard).

This could result in substantial savings in annual property taxes!

These new tax benefits go into effect April 1, 2021.

For more details here is a link to an explanatory website of the California Association of Realtors:

https://www.caprop19.org/propertytaxportability

For transactions involving either the sale or purchase of a primary residence that close before April 1, 2021, please consult with your qualified estate planning or real estate attorney.