NOT LISTED FOR SALE

1118 Magellan Way Chula Vista, CA 91910

Rancho Del Rey Neighborhood

Estimated Value: $657,000 - $673,051

3 Beds
3 Baths
1,369 Sq Ft
$487/Sq Ft Est. Value

About This Home

This home is located at 1118 Magellan Way, Chula Vista, CA 91910 and is currently estimated at $666,763, approximately $487 per square foot. 1118 Magellan Way is a home located in San Diego County with nearby schools including Chula Vista Hills Elementary School, Rancho Del Rey Middle School, and Otay Ranch Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2015
Sold by
Fraga Jose Luis
Bought by
Lazarit Jaime
Current Estimated Value
$666,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,400
Outstanding Balance
$209,989
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$456,774

Purchase Details

Closed on
Jul 6, 2012
Sold by
Bazzel Duane E
Bought by
Bazzel Duane E and Montalvo Stella M

Purchase Details

Closed on
Aug 26, 2005
Sold by
Nejorado Gabriela A
Bought by
Fraga Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 8, 2005
Sold by
Lim Jae Yung and Lim Mi Kyung
Bought by
Fraga Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 2004
Sold by
Krowitz Greta C
Bought by
Lim Jae Yung and Lim Mi Kyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
1.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1999
Sold by
Shea Homes Ltd Partnership
Bought by
Best Lawrence R and Best Trisha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lazarit Jaime $350,000 Title 365
Bazzel Duane E -- None Available
Fraga Jose Luis -- First American Title Co
Fraga Jose Luis $460,000 First American Title Co
Lim Jae Yung $427,500 Chicago Title Co
Best Lawrence R $171,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazarit Jaime $269,400
Previous Owner Fraga Jose Luis $92,000
Previous Owner Fraga Jose Luis $368,000
Previous Owner Lim Jae Yung $342,000
Previous Owner Best Lawrence R $164,250
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,929 $414,320 $215,179 $199,141
2024 $4,929 $406,197 $210,960 $195,237
2023 $5,684 $398,233 $206,824 $191,409
2022 $5,498 $390,425 $202,769 $187,656
2021 $5,368 $382,771 $198,794 $183,977
2020 $5,238 $378,847 $196,756 $182,091
2019 $5,102 $371,420 $192,899 $178,521
2018 $5,010 $364,138 $189,117 $175,021
2017 $12 $356,999 $185,409 $171,590
2016 $4,776 $350,000 $181,774 $168,226
2015 $4,256 $310,000 $161,000 $149,000
2014 $4,024 $290,000 $151,000 $139,000
Source: Public Records

Map

California San Diego County Chula Vista 91910 Rancho Del Rey

1118 Magellan Way, Chula Vista, CA

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