NOT LISTED FOR SALE

Estimated Value: $1,132,789 - $1,246,000

4 Beds
3 Baths
2,776 Sq Ft
$424/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $1,025,000 $369 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,657/month

5 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Mediterranean Architecture
  • Rancho Del Rey Middle School Rated A-
  • Retreat
  • Loft

About This Home

As of February 2022

Incredible opportunity to own a perfectly turn key home. Pride of ownership displayed throughout this almost brand new, contemporary home located in the wonderful village of Montecito. This spacious 4 bed/3 bath corner lot home is drenched in natural light. One bed/one bath w/walk-in shower on first floor and large, open family room/game room upstairs makes this home great for a multi-generational family. Kitchen boasts a large island great for entertaining, beautiful quartz countertops, walk-in pantry, and plenty of cabinet space. Relax and unwind in the large master suite. Highly upgraded master bathroom includes his/her walk-in closets and vanities. Gorgeous tiles throughout the first floor and bathrooms. Custom plantation shutters adorn the windows while custom ceiling fans cool down the rooms. Laundry room is conveniently located upstairs. The wonderful backyard is laid out perfectly for entertaining both adults and children. Living in Montecito gives you access to both the Summerland Park pool and the Montecito Clubhouse which includes a resort-style swimming pool with beach entry and swimming lanes, a children's wading pool, lounge areas, and spa. There is also a state-of-the-art fitness room and a multi-purpose club room with a full kitchen for homeowner use. Other amenities include a fire pit, turf bocce ball courts, gas BBQ stations, and covered outdoor dining areas.

Last Agent to Sell the Property

Mariko Tortolero

Palisade Realty Inc License #02017723 Listed on: 10/23/2021

Palisade Realty Inc

Co-Listed By

Mona Hassan

Palisade Realty Inc License #02084801

Last Buyer's Agent

Jenny Yin

EpicPoint Properties License #02090131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,192

Year Built

  • Built in 2020

Lot Details

  • Corner Lot
  • Level Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2,776 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Loft

Kitchen

  • Walk-In Pantry
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 644-316-15-00

Community Details

Overview

  • Village Of Montecito Association, Phone Number (858) 495-0900

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Recreational Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,192

Year Built

Built in 2020

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Property Condition: Turnkey
  • Market Area: South Bay
  • Cross Street: Heritage Rd
  • Neighborhood: Otay Ranch
  • Supplement: Living in Montecito gives you access to both the Summerland Park pool and the Montecito Clubhouse which includes a resort-style swimming pool with beach entry and swimming lanes, a children's wading pool, lounge areas, and spa. There is also a state-of-the-art fitness room and a multi-purpose club room with a full kitchen for homeowner use. Other amenities include a fire pit, turf bocce ball courts, gas BBQ stations, and covered outdoor dining areas.
  • LP / Sq Ft: 342.22
  • Miscellaneous: Suburban
  • Price Per Sq Ft: 369.24
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 369.24
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2020
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Refrigerator, Washer
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Dining Room/Separate, Family Room, Great Room, Loft, Master Retreat, Kitchen, Master Bedroom, Family Kitchen, Laundry, Master Bathroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 14x20
  • Full Bathrooms: 3
  • Laundry Location: On Upper Level
  • Estimated Sq Ft: 2776
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Patio: Covered, Slab
  • Pool: Community/Common
  • Roof: Tile/Clay
  • Spa: Community/Common

Garage/Parking

  • Garage Details: Attached, Direct Garage Access
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas & Electric Dryer HU
  • Security: Fire Sprinklers, Security System, Smoke Detector, Fire/Smoke Detection Sys
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Water Heater Type: Electric, Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial), Security, Wired High Speed Internet

Condo/Co-op/Association

  • Complex Features: BBQ, Tennis Courts, Clubhouse/Rec Room, Exercise Room, Playground, Pool, Recreation Area, Spa/Hot Tub
  • Home Owner Association: Village of Montecito
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 56.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-495-0900

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Sidewalks, Street Paved, Sprinklers In Front, Sprinklers In Rear
  • Topography: Level
  • Assessor Parcel Number: 644-316-15-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Feb 10, 2022
Sold by
Villarreal Fuentes Emerico Gerardo
Bought by
Peng Stephen Hsinyeh and Tang Weina
Seller's Agent
Mariko Tortolero
Palisade Realty Inc
Buyer's Agent
Jenny Yin
EpicPoint Properties
List Price
$949,999
Sold Price
$1,025,000
Premium/Discount to List
$75,001
7.89%
Current Estimated Value
$1,175,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,947
Avg. Annual Appreciation
3.80%
Original Mortgage
$625,000
Outstanding Balance
$580,430
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$595,517

Purchase Details

Listed on
Oct 23, 2021
Closed on
Jan 26, 2022
Sold by
Beatriz Dominguez Laura
Bought by
Fuentes Emerico Gerardo Vill
Seller's Agent
Mariko Tortolero
Palisade Realty Inc
Buyer's Agent
Jenny Yin
EpicPoint Properties
List Price
$949,999
Sold Price
$1,025,000
Premium/Discount to List
$75,001
7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$580,430
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$595,517

Purchase Details

Closed on
Dec 10, 2019
Sold by
Cantamar Sr V2 R23 Llc
Bought by
Fuentes Emerico Gerardo Villarreal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,851
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2019
Sold by
Gracia Laura Beatriz Dominguez
Bought by
Fuentes Emerico Gerardo Villarreal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,851
Interest Rate
3.74%
Mortgage Type
New Conventional
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
Peng Stephen Hsinyeh $1,025,000 Wfg Title Insurance
Fuentes Emerico Gerardo Vill -- Wfg Title Insurance
Fuentes Emerico Gerardo Villarreal $739,000 Fntg Builder Services Nb
Fuentes Emerico Gerardo Villarreal -- Fidelity National Ttl Co Nb
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peng Stephen Hsinyeh $625,000
Previous Owner Fuentes Emerico Gerardo Villarreal $590,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2022 02/14/22 Sold $1,025,000 +7.9% $369 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $949,999 -7.3% $342 / Sq Ft
10/27/2021 10/27/21 Off Market $1,025,000 -- --
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 $17,192 $1,087,737 $599,582 $488,155
2024 $17,192 $1,066,410 $587,826 $478,584
2023 $16,630 $761,138 $260,733 $500,405
2022 $12,980 $761,138 $260,733 $500,405
2021 $12,545 $746,215 $255,621 $490,594
2020 $9,972 $535,896 $104,896 $431,000
2019 $4,351 $83,232 $83,232 $0
2018 $998 $81,600 $81,600 $0
2017 $970 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210029610

San Diego MLS

APN: 644-316-15