Many owners of San Francisco Bay Area mobile homes are in a quandary as to what to do with their older homes. Should they replace them with a brand new one or should they remodel them? Or, should they sell them to a dealer? Our sister company A.R.M. Homes, a mobile home and manufactured home dealership, purchases some homes from individuals even in this market. The also sell brand new manufactured homes customized to their customer’s specifications. Many buyers of mobile homes prefer the look of the older traditional mobile homes of the 1970s. There is a vagabond allure to those classics that gained popularity following World War II and developed into a ground swell of acceptance following the 1954 Lucille Ball, Desi Arnaz movie “The Long Long Trailer.” By the mid-1970s mobile home parks were popping up in every community. Living in a mobile home became vogue, especially with retirees. Parks offered more of a country club atmosphere and quickly replaced the trashy “trailer park” image of earlier decades.
Many mobile home developments dropped the word “park” in their name and replaced it with “community,” riding themselves of the last tie to ”trailer parks” of yesteryear. Mobile home communities offer amenities such as swimming pools, spas, saunas, fully equipped exercise rooms, hobby room, pool rooms, ceramics shops, mini libraries, etc. The wide array of organized activities for residents adds to the appeal of mobile home living. If you own a vintage home and want to update it, by all means do so. You’ll be in good company. Scads of people are doing the same thing. Several of my clients have chosen to buy a 1970s mobile home or manufactured home with the intention to remodel as was the case with my client client Freeman S. who set out to buy a mobile he could remodel to suit his taste and lifestyle. He did just that and the end result is breathtaking.
Remodel #1 Remodel #2 Remodel #3 Remodel #4
Mobile homes and manufactured homes built prior to 1980 usually enjoy a tax break because their licensing fee per year is about $200. This varies depending on the size of the home. The bigger the home, the higher the license fee.
In addition to the annual license fee you will pay sales tax at the time you purchase the home unless you opt to have the home placed on the personal property tax rolls. Sales tax generally runs at least $1,000 and goes up depending on the size, year and make of the home you purchase. Your escrow officer will calculate how much the sales tax will be.
If the mobile home or manufactured home is on the county personal property tax rolls the annual taxes range between $500 and $2,500 and more in some cases. However, then you do not pay sales tax at close of escrow. All modular, mobiles and manufactured homes built in 1980 or later and not on a permanent foundation automatically go onto the county’s personal property tax rolls.
For information on buying or selling mobile homes or manufactured homes, please contact me at 510-429-4800 or send me a note on the Contact Joanne form.
Best regards,
Joanne
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Joanne L. Gardiner, Broker, e-PRO Realtor®
California Department of Real Estate Brokers License Number: 00822285
California Department of Housing and Community Development Occupational License Number: SP1178511
Advantage Realty
A.R.M. Homes
3205 Whipple Road
Union City, CA 94587-1218
Office: 510-429-4800
Cell phone: 510-589-4794
Our primary service areas in the San Francisco Bay Area are: Hayward, Castro Valley, Pleasanton, Dublin, San Ramon, Danville, Fremont, Newark, Niles, San Leandro, San Lorenzo, San Ramon, Sunol, Oakland, Foster City, Burlingame and San Mateo.
Our location near the bay enables us to easily cover Alameda County, Contra Costa County, and San Mateo County. The types of real estate in which we specialize are: Single family homes, duets, condominiums, townhomes, garden homes, PUDs, manufactured homes, mobile homes, income property, investment property, tri-plexes, four-plexes, apartment property, and special use properties such as churches and mobile home parks.
Our web sites:
http://www.californiasunshinehomes.com
http://www.joannegardiner.com
Our sister site:
http://www.mobilehomelife.com
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