NOT LISTED FOR SALE

1768 Regency Way Unit C Chula Vista, CA 91911

Otay Mesa West Neighborhood

Estimated Value: $562,471 - $695,000

3 Beds
2.5 Baths
1,212 Sq Ft
$217/mo HOA Fee

Last Sold January 21, 2021

Last sale price $422,000 $348 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,660/month

7 Days on Market

Highlights

  • Attic
  • Community Pool
  • Patio
  • End Unit
  • Hiking Trails
  • Laundry Room

About This Home

As of January 2021

Two-story end unit townhome facing 200+ acre Otay Valley Regional Park! Rancho Rios is a pet friendly complex situated in a parklike setting with hiking & walking trails nearby as well as a community pool. All three bedrooms and are located upstairs with a powder room downstairs. Fully fenced patio/yard off the living area includes a private laundry closet and access to a two covered parking spaces. This spacious home is in one of the best locations within the complex and ready for your personal touches.

Last Agent to Sell the Property

Scott DeMoss

SD Real Estate License #01337929 Listed on: 12/15/2020

Last Buyer's Agent

Patti McKelvey

Coldwell Banker West License #00956130

Coldwell Banker West

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • 1,212 Sq Ft Home

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Patio
  • End Unit
  • Wall Furnace
  • Attic

Listing and Financial Details

  • Tax Tract Number 7428
  • Assessor Parcel Number 6243711300

Community Details

Overview

  • 272 Units
  • Rancho Rios Association, Phone Number (619) 427-5011
  • Rancho Rios

Recreation

  • Community Pool
  • Hiking Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Assessments: No
  • Park Name: Rancho Rios
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6243711300
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1212.00
  • Common Walls: End Unit
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 348.18
  • Room Type: All Bedrooms Up, Attic

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted, Pool
  • Association Fee: 217.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Rios
  • Phone: 619-427-5011
  • Senior Community: No
  • Community Features: Hiking

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 0.02

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.0200 Square Feet
  • Number Of Units In Community: 272

Tax Info

  • Tax Tract Number: 007428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2020
Closed on
Jan 4, 2021
Sold by
Fermanich Justin M and Fermanich Jodie R
Bought by
Svane Brian K
Seller's Agent
Scott DeMoss
SD Real Estate
Buyer's Agent
Patti McKelvey
Coldwell Banker West
List Price
$389,000
Sold Price
$422,000
Premium/Discount to List
$33,000
8.48%
Current Estimated Value
$602,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,368
Avg. Annual Appreciation
7.56%
Original Mortgage
$422,000
Outstanding Balance
$376,636
Interest Rate
2.71%
Mortgage Type
VA
Estimated Equity
$225,732

Purchase Details

Closed on
May 9, 2016
Sold by
Fermanich Paul M
Bought by
Fermanich Jodie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2016
Sold by
Long Yuri L
Bought by
Long Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2016
Sold by
Long Luis
Bought by
Fermanich Justin M and Fermanich Jodie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.58%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2012
Sold by
Long Luis and Long Linda C
Bought by
Long Luis

Purchase Details

Closed on
Oct 1, 2008
Sold by
Chase Home Finance Llc
Bought by
Long Luis and Long Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 13, 2008
Sold by
Hernandez Josefina
Bought by
Chase Home Finance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 8, 2006
Sold by
Hernandez Nestor
Bought by
Hernandez Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 9, 2006
Sold by
Molina Jose and Molina Margarita
Bought by
Hernandez Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
1.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 30, 2003
Sold by
Magno Salinas Jose Vicente and Mota Magno Martha Elizabeth
Bought by
Molina Jose and Molina Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2002
Sold by
Magno Vicente and Magno Maria
Bought by
Magno Salinas Jose Vicente and Mota Magno Martha Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.05%

Purchase Details

Closed on
Apr 2, 2001
Sold by
Munroe Lee Ramsay and Munroe Marci
Bought by
Magno Salinas Jose Vicente and Mota Magno Martha Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2001
Sold by
Munroe Ronald L
Bought by
Munroe Lee Ramsay and Munroe Marci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,759
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 1993
Sold by
Munroe Penny A
Bought by
Munroe Ronald L

Purchase Details

Closed on
Apr 25, 1990

Purchase Details

Closed on
Aug 31, 1984
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Svane Brian K $422,000 First American Title Company
Fermanich Jodie R -- Lawyers Title
Long Luis -- Lawyers Title
Fermanich Justin M $270,000 Lawyers Title
Long Luis -- None Available
Long Luis $138,000 First American Title Company
Chase Home Finance Llc $179,256 Stewart Title
Hernandez Josefina -- California Title Company
Hernandez Josefina $335,000 California Title Company
Molina Jose $235,000 Diversified Title & Escrow S
Magno Salinas Jose Vicente -- United Title Company
Magno Salinas Jose Vicente $145,000 Commonwealth Land Title
Munroe Lee Ramsay -- Commonwealth Land Title Co
Munroe Ronald L -- Commonwealth Land Title
-- $98,900 --
-- $68,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Svane Brian K $422,000
Previous Owner Fermanich Justin M $265,109
Previous Owner Long Luis $106,000
Previous Owner Hernandez Josefina $268,000
Previous Owner Molina Jose $231,369
Previous Owner Magno Salinas Jose Vicente $168,000
Previous Owner Magno Salinas Jose Vicente $142,759
Closed Molina Jose $14,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $422,000 -1.6% $348 / Sq Ft
12/26/2020 12/26/20 Price Changed $429,000 +10.3% $354 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $389,000 -- $321 / 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 $3,291 $456,784 $292,256 $164,528
2024 $3,291 $447,828 $286,526 $161,302
2023 $2,362 $439,048 $280,908 $158,140
2022 $2,434 $430,440 $275,400 $155,040
2021 $898 $295,280 $117,683 $177,597
2020 $3,305 $292,253 $116,477 $175,776
2019 $3,219 $286,524 $114,194 $172,330
2018 $3,168 $280,906 $111,955 $168,951
2017 $3,101 $275,399 $109,760 $165,639
2016 $1,664 $150,115 $59,828 $90,287
2015 $1,640 $147,861 $58,930 $88,931
2014 $1,612 $144,965 $57,776 $87,189
Source: Public Records

Agents Affiliated with this Home

  • Scott DeMoss

    Seller's Agent in 2021

    Scott DeMoss

    SD Real Estate

    (858) 717-3353

    1 in this area

    51 Total Sales

    Scott DeMoss
    Section Image
  • Patti McKelvey

    Buyer's Agent in 2021

    Patti McKelvey

    Coldwell Banker West

    (619) 271-8300

    7 in this area

    464 Total Sales

    Patti McKelvey
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2002053

California Regional Multiple Listing Service (CRMLS)

APN: 624-371-13

California San Diego County Chula Vista 91911 Otay Mesa West

1768 Regency Way Unit C, Chula Vista, CA

Not Listed for Sale

Condos

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