NOT LISTED FOR SALE

1131 Magellan Way Chula Vista, CA 91910

Rancho Del Rey Neighborhood

Estimated Value: $634,000 - $657,000

2 Beds
2.5 Baths
1,130 Sq Ft
$234/mo HOA Fee

Last Sold September 01, 2023

Last sale price $645,000 $571 Per Sq Ft

Current estimated payment $4,260/month

5 Days on Market

Highlights

  • Gated Community
  • 1.14 Acre Lot
  • 1 Car Attached Garage
  • Rancho Del Rey Middle School Rated A-
  • Community Pool
  • 1-minute walk to Voyager Park

About This Home

As of September 2023

UPGRADED!!! No Mello-Roos!!! Rare opportunity to own in the Exclusive Bolero community, walking distance to top-of-the-line schools and parks! This end-unit home has been thoroughly upgraded, with a re-designed kitchen maximizing counter space with added bar seating!! Custom cabinets in both the kitchen and the living room give the entire downstairs and ulta-modern feel. 2 large bedrooms with full bathrooms upstairs. Private upgraded patio backs up to open space and is perfect for entertaining. VA and FHA approved complex!!

Last Agent to Sell the Property

Jim Tyner

Home Solutions Group- Realty & Mortgage License #01803901 Listed on: 07/27/2023

Last Buyer's Agent

Mark Magnaye

Real Broker License #02096600

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,681

Year Built

  • Built in 1999

Lot Details

  • 1.14

HOA Fees

  • $234 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Area

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Patio
  • Property is Fully Fenced
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 640-430-07-12

Community Details

Overview

  • Association fees include common area maintenance
  • 3 Units
  • Bolero At Rancho Del Rey Association, Phone Number (858) 795-7015
  • Bolero Community

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,681

Year Built

Built in 1999

Lot Details

0

HOA Fees

$234 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Balboa Cir
  • Neighborhood: Rancho Del Rey
  • LP / Sq Ft: 557.43
  • Price Per Sq Ft: 570.8
  • SP/ Sq Ft: 570.8
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1999
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate
  • Equipment Available: Dryer, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Electric
  • Searchable Rooms: Dining Area
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 1130
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Patio
  • Pool: Community/Common
  • Roof: Tile/Clay
  • Spa: Community/Common

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 1
  • Non Garage Parking: Assigned
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Bolero
  • Units In Building: 3
  • Total Number of Units: 240
  • Community: CHULA VISTA
  • Complex Features: BBQ, Gated Community, Pool
  • Home Owner Association: Bolero at Rancho Del Rey
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 234.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-795-7015

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 640-430-07-12
  • Estimated Lot Sq Ft: 49774
  • Estimated Number of Acres: 1.14
  • Map Code Column: B
  • Map Code Page: 1311
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Sep 1, 2023
Sold by
Brito Jonathan W and Brito Angela B
Bought by
Quezada Michael Kevin and Quezada Jenny Fernanda
Seller's Agent
Jim Tyner
Home Solutions Group- Realty & Mortgage
Buyer's Agent
Mark Magnaye
Real Broker
List Price
$629,900
Sold Price
$645,000
Premium/Discount to List
$15,100
2.4%
Views
92
Current Estimated Value
$647,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,011
Avg. Annual Appreciation
0.14%
Original Mortgage
$580,500
Outstanding Balance
$567,767
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$79,244

Purchase Details

Closed on
Jan 30, 2020
Sold by
Stone Lyle Douglas Howard and Stone Nicky Kathryn Adams
Bought by
Brito Jonathan W and Brito Angela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Adams Nicky K
Bought by
Stone Lyle Douglas Howard and Stone Nicky Kathryn Adams

Purchase Details

Closed on
Feb 5, 2009
Sold by
Adams Louis E
Bought by
Stone Nicky K Adams

Purchase Details

Closed on
Oct 6, 2000
Sold by
Michels Hilary A
Bought by
Adams Louis E

Purchase Details

Closed on
Mar 1, 1999
Sold by
Shea Homes Ltd Partnership
Bought by
Michels Hilary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,050
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Quezada Michael Kevin $645,000 Lawyers Title
Brito Jonathan W $390,000 First American Title Company
Stone Lyle Douglas Howard -- None Available
Stone Nicky K Adams -- None Available
Adams Louis E $180,000 Lawyers Title
Michels Hilary A $149,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quezada Michael Kevin $580,500
Previous Owner Brito Jonathan W $370,500
Previous Owner Michels Hilary A $144,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $645,000 +2.4% $571 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $629,900 -- $557 / Sq Ft
Source: San Diego MLS

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 $7,681 $657,899 $158,922 $498,977
2024 $7,681 $645,000 $155,806 $489,194
2023 $5,737 $409,957 $99,029 $310,928
2022 $5,546 $401,920 $97,088 $304,832
2021 $5,415 $394,040 $95,185 $298,855
2020 $2,629 $138,954 $33,566 $105,388
2019 $2,565 $136,230 $32,908 $103,322
2018 $2,517 $133,560 $32,263 $101,297
2017 $2,469 $130,942 $31,631 $99,311
2016 $2,403 $128,375 $31,011 $97,364
2015 $2,364 $126,448 $30,546 $95,902
2014 $2,320 $123,972 $29,948 $94,024
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jim Tyner

    Home Solutions Group- Realty & Mortgage

    Section Image
  • Mark Magnaye

    Buyer's Agent in 2023

    Mark Magnaye

    Real Broker

    (760) 707-3535

    1 in this area

    24 Total Sales

    Mark Magnaye
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230014524

San Diego MLS

APN: 640-430-07-12

California San Diego County Chula Vista 91910 Rancho Del Rey

1131 Magellan Way, Chula Vista, CA

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