NOT LISTED FOR SALE

1848 Observation Way Unit 3 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $714,000 - $771,000

3 Beds
2 Baths
1,430 Sq Ft
$347/mo HOA Fee

Last Sold July 07, 2022

Last sale price $770,000 $538 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,468/month

16 Days on Market

Highlights

  • In Ground Pool
  • Pool View
  • 2 Car Attached Garage
  • Wolf Canyon Elementary School Rated A-
  • Community Fire Pit
  • Community Playground

About This Home

As of July 2022

A stunning home nestled in one of the newest and most desired neighborhoods ELEMENT "Z" @ Milenia.  Situated in one of the best locations with poolside views.  Elegance, spacious, and open floor plan with attention to details.  This pride of ownership delivers you a lifestyle with upgraded wood flooring, upgraded quartz countertops, upgraded LED recessed lighting, upgraded Island with dual stainless steel sinks, upgraded plantation shutters, and a paradise entryway to your home. 3 bedrooms, 2.5 bathrooms, 2 car attached garage, and patio with poolside views all wrapped up in a smart home with a tankless water heater.  Enjoy your surroundings with a community pool, parks, BBQ, dog park, and so much more like your proximity to Otay Rancho Town Center and accessibility to FWY 125.  If you were looking for the right home?  You just found home. More and more upgrades including: Paradigm Fossil Luxury Vinyl plank at Entry, Stair 1, all of second level ,laundry, master bath and bath 2. Dorado Carpet color Canteen with 1/2" 81b padding at stair #2, all bedrooms and upstairs hall on 3rd floor. Step Light Package, OPT Insulation Pkg-Option, Upgraded paint to Sherwin Williams Velvin Flat in choice of designer color. Music Package "PREWIRE ONLY". 5.1 Surround Sound Pre-Wire Package. Security System Package, OPT Closet Organizer-Basic System @ Master Bedroom White Melamine, UPG Kitchen Sink- Amerisink Double Basin (60/40) Undermoun Stainless Steel, UPG Appliance Package, OPT Refrigerator 2 - GE French Door Counter Depth with external dispenser - Stainless Steel, UPG Powder Framed Mirror, Bath 2 Tub Enclosure, UPG Cabinet, OPT Recycle Bin in Kitchen, Option - Bath 2 Master, Bath 2 and powder counter: One Quartz Kodak with square edge and 4" splash, Custom Option - Kitchen Kitchen perimeter and island: Silestone Bianco Calacatta Quartz with square edge and WATERFALL at island. Kitchen splash: AT 3D Haisa Blue split stack stone, Custom Option - Master Master shower:EPC cottage white 3 x 12 subway tile to lid. Shower pan: A20 Union industrial gray mosaic. Frosted Glass Sliding Barn Door at Master Bed to Master Bath - Matte Black Frame. Master Bedroom Double Sided Mirror Walk-in Closet Door. Brushed Nickel Finish Package - Mon Faucets "Align" Series in all Baths. Coordinating Bath Accessories. Rough Plumbing for Future Raincans - Rain Can Shower Head -Ceiling Mount Mon. Water System Package.

Last Agent to Sell the Property

Cesar Zepe Ybarra

Coldwell Banker West License #01850330 Listed on: 05/26/2022

Coldwell Banker West

Co-Listed By

Fabiola Gonzalez

Coldwell Banker West License #01402106

Last Buyer's Agent

Lily Luu

HNA Realty, Inc. License #01981996

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,606

Year Built

  • Built in 2020

Lot Details

  • 10

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Additional Features

  • In Ground Pool
  • Two or More Common Walls

Listing and Financial Details

  • Tax Tract Number 1299
  • Assessor Parcel Number 6430630806
  • $3,205 per year additional tax assessments

Community Details

Overview

  • 176 Units
  • Mellenia Association, Phone Number (800) 428-5588

Amenities

  • Community Fire Pit
  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,606

Year Built

Built in 2020

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6430630806
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1430.00
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 538.46

Exterior Features

  • View: Pool
  • Fence: No
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Fire Pit, Management, Pet Rules, Pets Permitted, Playground
  • Association Fee: 347.00
  • Association Fee Frequency: Monthly
  • Association Name: Mellenia
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Sweetwater Union

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 176

Tax Info

  • Tax Tract Number: 01299
  • TaxOtherAnnualAssessmentAmount: 3205.08

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ngo Minhthy Thi $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $770,000 0.0% $538 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $770,000 -3.1% $538 / Sq Ft
05/26/2022 05/26/22 For Sale $795,000 +67.4% $556 / Sq Ft
07/01/2020 07/01/20 Sold $474,955 +10.7% $332 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $429,000 -- $300 / 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 $12,606 $785,400 $540,600 $244,800
2023 $12,055 $741,000 $510,000 $231,000
2022 $8,936 $484,454 $183,600 $300,854
2021 $8,729 $474,955 $180,000 $294,955
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

  • Cesar Zepe Ybarra

    Seller's Agent in 2022

    Cesar Zepe Ybarra

    Coldwell Banker West

    (619) 289-1408

    10 in this area

    63 Total Sales

    Cesar Zepe Ybarra
    Section Image
  • Fabiola Gonzalez

    Seller Co-Listing Agent in 2022

    Fabiola Gonzalez

    Coldwell Banker West

    (619) 279-7167

    11 in this area

    98 Total Sales

    Fabiola Gonzalez
    Section Image
  • Lily Luu

    Buyer's Agent in 2022

    Lily Luu

    HNA Realty, Inc.

    (619) 382-7963

    1 in this area

    13 Total Sales

    Lily Luu
    Section Image
  • Lisa Sanshey-Beaudin

    Seller's Agent in 2020

    Lisa Sanshey-Beaudin

    Shea Advantage

    (619) 572-1060

    22 in this area

    93 Total Sales

    Lisa Sanshey-Beaudin
    Section Image

  • S

    Buyer's Agent in 2020

    Stacy Tokko

    Keller Williams-Silicon Valley

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2203459

California Regional Multiple Listing Service (CRMLS)

APN: 643-063-08-06

California San Diego County Chula Vista 91915 Otay Ranch

1848 Observation Way Unit 3, Chula Vista, CA

This home is located at 1848 Observation Way Unit 3, Chula Vista, CA 91915 since 26 May 2022 and is currently estimated at $736,833, approximately $515 per square foot. This property was built in 2020. 1848 Observation Way Unit 3 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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