NOT LISTED FOR SALE

Estimated Value: $953,000 - $1,169,000

4 Beds
2.5 Baths
2,275 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $885,500 $389 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,674/month

4 Days on Market

Highlights

  • Fitness Center
  • Heated Pool
  • Clubhouse
  • Saburo Muraoka Elementary School Rated A-
  • No Units Above
  • 2-minute walk to Grove Park

About This Home

As of March 2022

Multiple offers received! No more showing! Click the virtual tour video link! Welcome home to this beautiful single house located in the heart of the Village of Montecito, a resort-style community in highly desirable Otay Ranch!! This home has a welcoming front yard, spacious entrance, open-concept floor plan that features a gourmet kitchen with granite countertops, gas cooking, stainless steel appliances, spacious pantry and a center island. New wood plank floor throughout the 1st floor. Private and low-maintenance backyard, perfect for your friends and family to enjoy yummy BBQ! The community amenities include access to the Montecito Clubhouse, resort pools, fitness center, tennis courts, basketball courts, soccer fields, and playground for the kids. To secure the future of the kids, it is very accessible to the best schools in Otay Ranch. Located close to shops and easy access to both the 125 and 805 freeway. You don't want to miss this house!

Last Agent to Sell the Property

Nana Kim

ROA California Inc License #02091788 Listed on: 02/04/2022

Last Buyer's Agent

Cheryl Li

EpicPoint Properties License #01987594

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,385

Year Built

  • Built in 2012

Lot Details

  • 2,975 Sq Ft Lot
  • No Units Located Below
  • Front Yard
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Shutters
  • Blinds
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

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

Additional Features

  • Heated Pool
  • Central Air

Listing and Financial Details

  • Tax Tract Number 15865
  • Assessor Parcel Number 6443500400
  • $3,097 per year additional tax assessments

Community Details

Overview

  • Montecito At Otay Ranch Community Association, Phone Number (619) 656-3220

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,385

Year Built

Built in 2012

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6443500400
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2275.00 Square Feet
  • Stories: 2
  • Common Walls: No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 389.23
  • Room Type: All Bedrooms Up, Master Bedroom
  • Window Features: Blinds, Shutters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community, Heated
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Management, Playground, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 56.00
  • Association Fee Frequency: Monthly
  • Association Name: Montecito at Otay Ranch Community Association
  • Phone: 619-656-3220
  • Senior Community: No
  • Community Features: Sidewalks, Park

Schools

  • School District: Sweetwater Union

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size: 2975 sqft
  • Lot Size Sq Ft: 2975.00
  • Lot Size Acres: 0.0683

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2975.0000 Square Feet

Tax Info

  • Tax Tract Number: 15865
  • TaxOtherAnnualAssessmentAmount: 3097.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Feb 11, 2022
Sold by
Michael Henry Thomas
Bought by
Li Jing and Zhang Weiyi
Seller's Agent
Nana Kim
ROA California Inc
Buyer's Agent
Cheryl Li
EpicPoint Properties
List Price
$820,000
Sold Price
$885,500
Premium/Discount to List
$65,500
7.99%
Current Estimated Value
$1,018,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,649
Avg. Annual Appreciation
3.95%
Original Mortgage
$808,107
Outstanding Balance
$751,650
Interest Rate
3.69%
Mortgage Type
VA
Estimated Equity
$266,499

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 4, 2019
Sold by
Galinato Rommel Gonzales
Bought by
Henry Thomas Michael
Seller's Agent
Toan Thi
Capital Management Realty, Inc
Buyer's Agent
Alex Conti
eXp Realty of California, Inc.
List Price
$565,000
Sold Price
$555,000
Premium/Discount to List
-$10,000
-1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.88%
Original Mortgage
$505,743
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Dec 5, 2012
Sold by
Otay Ranch Ii Sun 5 Llc
Bought by
Galinato Rommel Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,938
Interest Rate
3.37%
Mortgage Type
VA
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
Li Jing $885,500 Lawyers Title
Henry Thomas Michael $555,000 Fidelity National Title Co
Galinato Rommel Gonzalez $374,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jing $808,107
Previous Owner Henry Thomas Michael $505,743
Previous Owner Galinato Rommel Gonzalez $381,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2022 03/03/22 Sold $885,500 +8.0% $389 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $820,000 +47.7% $360 / Sq Ft
05/01/2019 05/01/19 Sold $555,000 0.0% $244 / Sq Ft View Prior Sale
03/28/2019 03/28/19 Pending -- -- --
03/14/2019 03/14/19 Price Changed $555,000 -1.8% $244 / Sq Ft
02/22/2019 02/22/19 For Sale $565,000 -- $248 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,385 $939,698 $575,671 $364,027
2024 $14,385 $921,274 $564,384 $356,890
2023 $13,534 $870,000 $532,000 $338,000
2022 $9,905 $583,401 $357,399 $226,002
2021 $9,590 $571,963 $350,392 $221,571
2020 $9,367 $566,100 $346,800 $219,300
2019 $7,424 $401,705 $143,505 $258,200
2018 $7,356 $393,830 $140,692 $253,138
2017 $7,214 $386,109 $137,934 $248,175
2016 $6,950 $378,539 $135,230 $243,309
2015 $6,727 $372,854 $133,199 $239,655
2014 $6,623 $365,551 $130,590 $234,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2200805

California Regional Multiple Listing Service (CRMLS)

APN: 644-350-04