NOT LISTED FOR SALE

1842 Observation Way Unit 2 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $703,273 - $717,000

3 Beds
2.5 Baths
1,430 Sq Ft
$327/mo HOA Fee

Last Sold May 15, 2020

Last sale price $491,000 $343 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,172/month

17 Days on Market

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 2020

Model 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...

Last Agent to Sell the Property

Lisa Sanshey-Beaudin

Shea Advantage License #00876338 Listed on: 01/25/2020

Last Buyer's Agent

Alex Lombrozo

LIFE residential Inc. License #01713700

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,964

Year Built

Built in 2016

Lot Details

0

HOA Fees

$327 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: Z
  • Property Attached: Yes
  • Subdivision Name Other: Chula Vista
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 9999999999
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Living Area: 1430.00
  • Stories: 3
  • Entry Location: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 343.36
  • Room Type: Living Room, Master Bedroom, All Bedrooms Up, Entry, Laundry, Master Bathroom

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Free-Standing Range, Gas Cooking
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 327.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Residential
  • Phone: 800-527-3914

Multi Family

  • Number Of Units In Community: 176

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
Current Estimated Value
$711,818

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
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
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

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
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

    22 in this area

    95 Total Sales

    Lisa Sanshey-Beaudin
    Section Image
  • Alex Lombrozo

    Buyer's Agent in 2020

    Alex Lombrozo

    LIFE residential Inc.

    (619) 977-7492

    4 in this area

    46 Total Sales

    Alex Lombrozo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200004201

California Regional Multiple Listing Service (CRMLS)

APN: 643-063-08-03

California San Diego County Chula Vista 91915 Otay Ranch

1842 Observation Way Unit 2, Chula Vista, CA

This home is located at 1842 Observation Way Unit 2, Chula Vista, CA 91915 since 25 January 2020 and is currently estimated at $711,818, approximately $497 per square foot. This property was built in 2016. 1842 Observation Way Unit 2 is a home located in San Diego County with nearby schools including Wolf Canyon Elementary School, Eastlake Middle School, and Olympian High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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