NOT LISTED FOR SALE

Estimated Value: $673,000 - $729,000

2 Beds
2.5 Baths
1,504 Sq Ft
9.08 Acres

Last Sold August 31, 2022

Last sale price $660,000 $439 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,530/month

Highlights

  • Community Pool
  • Fireplace
  • Laundry closet
  • Saburo Muraoka Elementary School Rated A-
  • 1 Car Attached Garage
  • 5-minute walk to Montecito Park

About This Home

As of December 2022

AVAILABLE NOW! Beautiful two-bedroom, two-and-a-half bath condo in the highly desirable Village of Montecito at Otay Ranch. Residents have access to great amenities, such as a large lap pool, spa, gym, and multiple parks/playgrounds!! Walking distance to top-rated schools, and minutes from public transportation, shopping centers, dining, and entertainment you can have it all! Come home to this beautiful tri-level condo boasting open-concept living and kitchen spaces with shaker cabinets, granite countertops, and a spacious pantry. Relax in one of the dual master suites with walk-in closets and enjoy an optional third bedroom or office and spacious bathrooms. Other highlights include a new in-unit washer & dryer attached one-car garage, one assigned parking, and a private balcony. Hablo espanol.

Last Agent to Rent the Property

Karla Mexia

Premier Agency Real Estate Inc. License #02136510 Listed on: 10/19/2022

Last Renter's Agent

Karla Mexia

Premier Agency Real Estate Inc. License #02136510 Listed on: 10/19/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,833

Year Built

  • Built in 2016

Lot Details

  • 9.08

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Uncovered Parking
  • Parking Permit Required
  • Assigned Parking

Interior Spaces

  • 1,504 Sq Ft Home
  • 3-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $3,650
  • Requirements for Move-In include 1 month rent, cashier check/money order, credit report, prorated rent, security deposit
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 644-310-49-42

Community Details

Overview

  • Montecito Community

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,833

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Lease Required: Yes
  • Move In Requirements: 1 Month Rent, Cashier Check/Money Order, Credit Report, Prorated Rent, Security Deposit
  • Rental Type: Residential
  • Security Deposit: 3650
  • Vacation Rental Minimum Length: 12

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Rental Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Santa Victoria Rd
  • Neighborhood: Otay Ranch
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 2.16
  • Price Per Sq Ft: 2.16
  • Stories: 3 Story
  • Price Reflects: Monthly
  • Total Stories: 3
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Total Bedrooms: 3
  • Optional Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1504
  • Total Bathrooms: 3

Exterior Features

  • Pool: Community/Common

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 1
  • Non Garage Parking: Assigned, Permit/Decal, Uncovered
  • Garage Spaces: 1
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Montecito
  • Pets Allowed: No Pets Allowed

Lot Info

  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 644-310-49-42
  • Map Code Column: D
  • Map Code Page: 1331
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 27, 2022
Sold by
Soto Gallegos Briseida
Bought by
Barajas Osvaldo Alvarez
Seller's Agent
Ryan Branco
The Agency
Buyer's Agent
Karla Mexia
Premier Agency Real Estate Inc.
List Price
$639,900
Sold Price
$660,000
Premium/Discount to List
$20,100
3.14%
Current Estimated Value
$696,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,498
Avg. Annual Appreciation
1.79%
Original Mortgage
$154,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 14, 2022
Sold by
Sosa Felipe C and Sosa Imelda C
Bought by
Barajas Osvaldo Alvarez
Seller's Agent
Ryan Branco
The Agency
Buyer's Agent
Karla Mexia
Premier Agency Real Estate Inc.
List Price
$639,900
Sold Price
$660,000
Premium/Discount to List
$20,100
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2016
Sold by
Otay Ranch Village Ii Pc-11 Llc
Bought by
Sosa Felipe and Sosa Imelda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,720
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Barajas Osvaldo Alvarez -- Pacific Coast Title
Barajas Osvaldo Alvarez $660,000 Pacific Coast Title
Sosa Felipe $351,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barajas Osvaldo Alvarez $154,500
Previous Owner Sosa Felipe $266,250
Previous Owner Sosa Felipe $280,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Rented $3,250 0.0% --
11/05/2022 11/05/22 Price Changed $3,250 -8.5% $2 / Sq Ft
10/31/2022 10/31/22 Price Changed $3,550 -2.7% $2 / Sq Ft
10/19/2022 10/19/22 For Rent $3,650 0.0% --
08/31/2022 08/31/22 Sold $660,000 +3.1% $439 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $639,900 0.0% $425 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $639,900 -- $425 / 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 $9,833 $686,663 $313,099 $373,564
2024 $9,833 $673,200 $306,960 $366,240
2023 $9,302 $641,000 $292,000 $349,000
2022 $6,133 $383,758 $174,983 $208,775
2021 $5,929 $376,234 $171,552 $204,682
2020 $5,791 $372,377 $169,793 $202,584
2019 $5,648 $365,076 $166,464 $198,612
2018 $5,515 $357,918 $163,200 $194,718
2017 $5,413 $350,900 $160,000 $190,900
2016 $1,601 $32,660 $32,660 $0
2015 $403 $32,170 $32,170 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220026218

San Diego MLS

APN: 644-310-49-42