1848 Observation Way Unit 2 Chula Vista, CA 91915
Otay Ranch NeighborhoodEstimated Value: $667,000 - $714,000
3
Beds
2.5
Baths
1,430
Sq Ft
$477/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Modern Architecture
- Community Pool
- Wolf Canyon Elementary School Rated A-
- Pool View
- Outdoor Cooking Area
About This Home
As of March 2023Imagine stepping into your brand new, South-facing townhome with a stunning pool view located in the highly desirable community of "Element & Z at Millenia". This luxurious townhome boasts 3 bedrooms, 2 1/2 bathrooms, and a 2-car attached garage. As you enter through the private gated entry, you'll be greeted by a spacious patio and deck, perfect for relaxing and enjoying the beautiful So Cal weather. Inside, you'll find modern finishes and high-end upgrades in this almost brand-new home. The white shaker cabinets with quartz countertops, large single basin stainless steel sink, and glass subway tile backsplash in the kitchen are sure to impress. Cooking is a breeze with the stainless steel gas range and microwave. The 2nd floor and entrances have luxury vinyl flooring (LVP), and the 3rd-floor bathrooms and laundry closet have upgraded tile. Plantation shutters throughout the home including the slider provide both privacy and style. The home is pre-wired for surround sound in the living room and wired for Smart home tech including Cat6 wiring and fiber internet available for blazing-fast internet speeds. You'll love the convenience of the wireless garage door opener, iDevices-enabled light switches, Smart door lock, and Wi-Fi thermostat. With the Ring Doorbell camera, you'll always know who's at the front door. And, you'll appreciate the energy savings from the Rinnai tankless water heater, whole-house fan, and vinyl dual-pane windows with Low-E glass. And of course year-round comfort with air conditioning. The spacious master bedroom and living room have Apple Smart device switches and USB plugs. The garage even has overhead storage installed for extra organization conduit for a future electric car charging station. The community amenities are just as impressive with a pool and Jacuzzi, BBQ's, Tot Lot (Playground) and Dog Park in the community. It's also located right next to public Orion Park with a dog park and playground, close to lots of walking trails, and many other parks in the community including Strata, Millenia, Metro Park, and soon-to-be-built Montage Park. The community is within walking distance to many restaurants and shopping just one block away, and the Metro Park has restaurants planned as part of it. Don't miss out on the opportunity to live in this luxury townhome in one of the most desirable communities in the area. Book a showing today and make this your dream home.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $10,736
Year Built
- Built in 2020
Lot Details
- 10
HOA Fees
- $469 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Modern Architecture
- Turnkey
Interior Spaces
- 1,430 Sq Ft Home
- 3-Story Property
- Entryway
- Living Room
- Pool Views
Kitchen
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Additional Features
- 1 Common Wall
- Suburban Location
Listing and Financial Details
- Tax Tract Number 1299
- Assessor Parcel Number 6430630807
- $3,300 per year additional tax assessments
Community Details
Overview
- 176 Units
- Element/Z Association, Phone Number (619) 500-2108
- Built by Shea
- Element Z Millenia
Recreation
- Community Playground
- Community Pool
- Park
- Dog Park
- Bike Trail
Additional Features
- Outdoor Cooking Area
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2023
Closed on
Feb 17, 2023
Sold by
Laxamana Aaron Mina and Laxamana Pearl
Bought by
Romero Jacob
Seller's Agent
Curtis Chism
eXp Realty of Southern Calif.
Buyer's Agent
Arianna Ramirez
Keller Williams Realty
List Price
$599,900
Sold Price
$609,900
Premium/Discount to List
$10,000
1.67%
Total Days on Market
6
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,767
Avg. Annual Appreciation
4.55%
Original Mortgage
$579,405
Outstanding Balance
$564,334
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$107,333
Purchase Details
Closed on
Jan 6, 2020
Sold by
Shea Homes Limited Partnership
Bought by
Laxamana Aaron Mina and Feliciano Pearl San
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,716
Interest Rate
3.2%
Mortgage Type
New Conventional
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 Chula Vista, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Romero Jacob | $610,000 | Homelight Title | |
| Laxamana Aaron Mina | $431,500 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Romero Jacob | $579,405 | |
| Previous Owner | Laxamana Aaron Mina | $409,716 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2023 03/15/23 | Sold | $609,900 | +1.7% | $427 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | For Sale | $599,900 | +39.1% | $420 / Sq Ft |
| 06/18/2020 06/18/20 | Sold | $431,281 | +0.8% | $302 / Sq Ft |
| 12/20/2019 12/20/19 | Pending | -- | -- | -- |
| 11/04/2019 11/04/19 | For Sale | $428,000 | -- | $299 / 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 | $10,736 | $622,097 | $259,638 | $362,459 |
| 2023 | $8,749 | $444,462 | $185,501 | $258,961 |
| 2022 | $8,483 | $444,462 | $185,501 | $258,961 |
| 2021 | $8,287 | $435,748 | $181,864 | $253,884 |
| 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
-
Curtis Chism
Seller's Agent in 2023
Curtis Chism
eXp Realty of Southern Calif.
(858) 527-9438
3 in this area
96 Total Sales
-
A
Buyer's Agent in 2023
Arianna Ramirez
Keller Williams Realty
-
Lisa Sanshey-Beaudin
Seller's Agent in 2020
Lisa Sanshey-Beaudin
Shea Advantage
(619) 572-1060
31 in this area
108 Total Sales
-
Fabiola Leija
F
Buyer's Agent in 2020
Fabiola Leija
Coldwell Banker West
(619) 245-7815
1 in this area
10 Total Sales
-
J
Buyer's Agent in 2020
John Zhang
Global Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2300640
APN: 643-063-08-07
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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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