NOT LISTED FOR SALE

1872 Observation Way Unit 1 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $706,707 - $830,000

3 Beds
2.5 Baths
1,475 Sq Ft
$509/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $632,000 $428 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,231/month

Highlights

  • 10.01 Acre Lot
  • Community Pool
  • 2 Car Attached Garage
  • Wolf Canyon Elementary School Rated A-
  • Breakfast Area or Nook
  • Laundry closet

About This Home

As of October 2021

Entry only, sold prior to listing

Last Agent to Sell the Property

Jared Nelson

Compass License #01380018 Listed on: 10/13/2021

Compass

Co-Listed By

Josette Alvarez

Compass License #01931420

Last Buyer's Agent

Blake Evans

Compass License #01785508

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,194

Year Built

  • Built in 2017

Lot Details

  • Partially Fenced Property
  • Gentle Sloping Lot

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,475 Sq Ft Home
  • 3-Story Property

Kitchen

  • Breakfast Area or Nook
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 643-063-08-11
  • $250 Monthly special tax assessment

Community Details

Overview

  • Association fees include common area maintenance
  • 3 Units
  • Milenia Community Association, Phone Number (619) 555-1212
  • Milenia Community

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,194

Year Built

Built in 2017

Lot Details

0

HOA Fees

$335 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: South Bay
  • Cross Street: Strata
  • Neighborhood: Milenia
  • LP / Sq Ft: 426.44
  • Price Per Sq Ft: 428.47
  • SP/ Sq Ft: 428.47
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2017
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Equipment Available: Gas Stove
  • Searchable Rooms: Breakfast Area
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12X12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1475
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Community/Common
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Milenia
  • Total Fees: 4020.0
  • Units In Building: 3
  • Total Number of Units: 150
  • Community: CHULA VISTA
  • Home Owner Association: Milenia Community
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 335.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-555-1212

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • CFD Mello Roos Fee: 250.0
  • CFD Mello Roos Fee Reflects: Month
  • Total Monthly Fees: 585
  • CFD Mello Roos Fee Frequency: Semi-Annually

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Slope Gentle
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 643-063-08-11
  • Estimated Lot Sq Ft: 436054
  • Estimated Number of Acres: 10.01
  • Map Code Column: G
  • Map Code Page: 1331
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Sep 24, 2021
Sold by
Kerleshi Artan
Bought by
Galy Austin P
Seller's Agent
Jared Nelson
Compass
Buyer's Agent
Blake Evans
Compass
List Price
$629,000
Sold Price
$632,000
Premium/Discount to List
$3,000
0.48%
Current Estimated Value
$750,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,427
Avg. Annual Appreciation
3.03%
Original Mortgage
$632,000
Outstanding Balance
$578,821
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$132,512

Purchase Details

Closed on
May 20, 2019
Sold by
Genesis New Homes Llc
Bought by
Kerleshi Artan

Purchase Details

Closed on
Oct 3, 2017
Sold by
Shea Homes Lp
Bought by
Kerleshi Artan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,937
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2017
Sold by
Genicot Sophie
Bought by
Kerleshi Artan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,937
Interest Rate
3.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Galy Austin P $632,000 Lawyers Title Company
Kerleshi Artan $542,500 First American Title Company
Kerleshi Artan $440,000 First American Title Company
Kerleshi Artan -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galy Austin P $632,000
Previous Owner Kerleshi Artan $416,113
Previous Owner Kerleshi Artan $431,937
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 For Sale $629,000 -0.5% $426 / Sq Ft
10/08/2021 10/08/21 Sold $632,000 -- $428 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
Source: San Diego MLS

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 $11,194 $670,680 $378,101 $292,579
2024 $11,194 $657,531 $370,688 $286,843
2023 $10,998 $644,639 $363,420 $281,219
2022 $10,655 $632,000 $356,295 $275,705
2021 $8,558 $462,418 $260,692 $201,726
2020 $8,360 $457,677 $258,019 $199,658
2019 $8,160 $448,704 $252,960 $195,744
2018 $8,079 $439,906 $248,000 $191,906
Source: Public Records

Agents Affiliated with this Home

  • Jared Nelson

    Seller's Agent in 2021

    Jared Nelson

    Compass

    (619) 261-5524

    2 in this area

    76 Total Sales

    Jared Nelson
    Section Image
  • Josette Alvarez

    Seller Co-Listing Agent in 2021

    Josette Alvarez

    Compass

    (619) 244-3934

    4 in this area

    100 Total Sales

    Josette Alvarez
    Section Image
  • Blake Evans

    Buyer's Agent in 2021

    Blake Evans

    Compass

    (619) 962-8238

    2 in this area

    57 Total Sales

    Blake Evans
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210028716

San Diego MLS

APN: 643-063-08-11

California San Diego County Chula Vista 91915 Otay Ranch

1872 Observation Way Unit 1, Chula Vista, CA

This home is located at 1872 Observation Way Unit 1, Chula Vista, CA 91915 since 13 October 2021 and is currently estimated at $750,427, approximately $508 per square foot. This property was built in 2017. 1872 Observation Way Unit 1 is a home located in San Diego County with nearby schools including Wolf Canyon Elementary School, Eastlake Middle School, and Olympian High School.

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