1842 Observation Way Unit 2 Chula Vista, CA 91915
Otay Ranch NeighborhoodEstimated Value: $705,000 - $727,000
3
Beds
2.5
Baths
1,430
Sq Ft
$327/mo
HOA Fee
Highlights
- Community Pool
- Living Room
- Forced Air Heating and Cooling System
- Wolf Canyon Elementary School Rated A-
- Laundry Room
- Wood Siding
About This Home
As of May 2020Model home plan 2 available in prime location facing park. Loaded w/builder upgrades, high end finishes, upgraded flooring & much more! Anticipated move in May 2020. 2 Br, den 2.5 Ba & 2 Car attached garage. Private gated entry w/spacious patio & deck for outdoor living. Stunning open kitchen w/white cabinets, upgraded counters, stainless steel appliances, refrigerator & gourmet Island. Living, dining areas & master suites deliver elegance. Newly included "Smart Home Connectivity. " Please see supplement. Distinctively urban architecture, Decorative metal siding, clean-lined brick veneer and wood accents per architectural plan, Smooth panel roll up garage door. Therma Tru front door in a designer selected color scheme with Kwikset® Tavaris polished chrome door hardware and satin etched glass, Composition shingle roof for a clean modern look, distinctive European style white Thermofoil cabinetry with stainless steel pulls , Smooth finish five panel interior doors with Kwikset® Ladera polished chrome hardware, Sleek door casings and 3.5 inch baseboards, Advanced Category 5e wiring for high-speed computer and telephone connections, USB/Duplex outlet at kitchen,6 inch x 6 inch white ceramic tile on shower walls with 2 inch x 2 inch white ceramic tile on shower floor, Cultured marble countertops with square edge with 4” back splash, Moen ® Align series hardware trim in shower and sink, Conduit for a future electric car charging station *Conduit only, trim not included, Rinnai® tankless water heater with expansion tank, vinyl dual-pane windows with low-e glass. Element and Z at Millenia, where urban living is transformed into a complete lifestyle. A network of shops, parks, and restaurants intertwines as the epicenter of an upbeat culture. This exclusive neighborhood is truly a mini-metropolis unto itself, tucked away in San Diego’s growing South County. Every home in Element and Z is marked by exceptional design, characterized by fresh aesthetic composition a...
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,964
Year Built
- Built in 2016
Lot Details
- 10
HOA Fees
- $327 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,430 Sq Ft Home
- 3-Story Property
- Entryway
- Living Room
Kitchen
- Gas Oven or Range
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- 176 Units
- First Service Residential Association, Phone Number (800) 527-3914
- Z
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2021
Sold by
Velasco Alejandro Mendoza
Bought by
Vargas Humberto E and Novoa Bernhein Lucia
Total Days on Market
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 5, 2020
Sold by
Shea Homes Limited Partnership
Bought by
Velasco Alejandro Mendoza
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vargas Humberto E | $605,000 | Fidelity Natl Ttl San Diego | |
| Velasco Alejandro Mendoza | $491,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vargas Humberto | $52,645 | |
| Open | Vargas Humberto E | $482,600 | |
| Closed | Vargas Humberto E | $476,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2020 05/15/20 | Sold | $491,000 | -5.8% | $343 / Sq Ft |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- |
| 01/25/2020 01/25/20 | For Sale | $521,182 | -- | $364 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,964 | $642,028 | $235,366 | $406,662 |
| 2023 | $10,773 | $629,440 | $230,751 | $398,689 |
| 2022 | $10,436 | $617,099 | $226,227 | $390,872 |
| 2021 | $8,967 | $496,085 | $181,864 | $314,221 |
| 2020 | $4,016 | $63,653 | $63,653 | $0 |
| 2019 | $3,933 | $62,405 | $62,405 | $0 |
| 2018 | $3,845 | $61,182 | $61,182 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Sanshey-Beaudin
Seller's Agent in 2020
Lisa Sanshey-Beaudin
Shea Advantage
(619) 572-1060
31 in this area
108 Total Sales
-
Alex Lombrozo
Buyer's Agent in 2020
Alex Lombrozo
LIFE residential Inc.
(619) 977-7492
5 in this area
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 200004201
APN: 643-063-08-03
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