NOT LISTED FOR SALE

1872 Observation Way Unit 3 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $702,962 - $734,000

3 Beds
4 Baths
1,475 Sq Ft
$347/mo HOA Fee

Last Sold October 21, 2021

Last sale price $625,000 $424 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,090/month

48 Days on Market

Highlights

  • Heated Pool
  • 10.01 Acre Lot
  • ENERGY STAR Qualified Appliances
  • Wolf Canyon Elementary School Rated A-
  • 2 Car Attached Garage
  • Stacked Washer and Dryer

About This Home

As of October 2021

Back on market, buyer unable to perform. No fault of seller. Enjoy the proximity to restaurants and entertainment with the space you seek of a suburban home at San Diego’s next iconic urban village – Millenia, intelligently designed into 80 walkable city blocks — about the size of downtown San Diego. This unit boasts a modern kitchen with an endless amount of counterspace, top-notch stainless-steel appliances, a spacious 2-car garage with water softener hook-ups, smart home features you can control remotely, and a completely paid off 2.9kW Solar System with a backup LG storage battery worth $22k. NO HIGH ELECTRICITY BILLS HERE! Many more upgrades, a must see!

Last Agent to Sell the Property

Howard Diaz

Los Olivos Realty License #01923214 Listed on: 08/03/2021

Last Buyer's Agent

Carla Molino

Coldwell Banker Realty License #01271186

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,030

Year Built

  • Built in 2017

Lot Details

  • 10.01

HOA Fees

  • $347 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Clay Roof
  • Aluminum Siding
  • Stucco Exterior

Interior Spaces

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

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Full Size Washer or Dryer
  • Stacked Washer and Dryer

Pool

  • Heated Pool

Utilities

  • Heating Available
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 643-063-08-09
  • $3,200 annual special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance
  • 4 Units
  • First Service Residential Association, Phone Number (800) 428-5588
  • Z At Millenia Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,030

Year Built

Built in 2017

Lot Details

0

HOA Fees

$347 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Strata St
  • Neighborhood: Millenia
  • LP / Sq Ft: 419.66
  • Price Per Sq Ft: 423.73
  • SP/ Sq Ft: 423.73
  • 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: 3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Energy Star Appliances, Free Standing Range, Gas Oven, Water Line to Refr
  • Searchable Rooms: Kitchen, Master Bedroom, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Laundry Location: Closet Full Sized, Closet Stacked, On Upper Level
  • Estimated Sq Ft: 1475
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Brick, Stucco, Aluminum Siding
  • Pool: Community/Common, Heated
  • Roof: Tile/Clay

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Z At Millenia
  • Total Fees: 4164.0
  • Units In Building: 4
  • Total Number of Units: 176
  • Community: CHULA VISTA
  • Home Owner Association: First Service Residential
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 347.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-428-5588

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • CFD Mello Roos Fee: 3199.84
  • CFD Mello Roos Fee Reflects: Year
  • Total Monthly Fees: 614
  • CFD Mello Roos Fee Frequency: Monthly

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Rolling
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 643-063-08-09
  • 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
Aug 3, 2021
Closed on
Sep 29, 2021
Sold by
Norman Michael Thomas
Bought by
Mclean Mike Emmanuel and Mclean Mako
Seller's Agent
Howard Diaz
Los Olivos Realty
Buyer's Agent
Carla Molino
Coldwell Banker Realty
List Price
$619,000
Sold Price
$625,000
Premium/Discount to List
$6,000
0.97%
Current Estimated Value
$724,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,241
Avg. Annual Appreciation
3.83%
Original Mortgage
$639,375
Outstanding Balance
$584,314
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$139,927

Purchase Details

Closed on
Oct 3, 2017
Sold by
Shea Homes Ltd
Bought by
Norman Michael Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,121
Interest Rate
3.95%
Mortgage Type
VA
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
Mclean Mike Emmanuel $625,000 First American Title
Norman Michael Thomas $398,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Mike Emmanuel $639,375
Previous Owner Norman Michael Thomas $412,318
Previous Owner Norman Michael Thomas $405,241
Previous Owner Norman Michael Thomas $406,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $625,000 +1.0% $424 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/11/2021 09/11/21 Price Changed $619,000 0.0% $420 / Sq Ft
09/11/2021 09/11/21 For Sale $619,000 +1.6% $420 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $609,000 0.0% $413 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/24/2021 08/24/21 Price Changed $609,000 -3.3% $413 / Sq Ft
08/03/2021 08/03/21 For Sale $630,000 -- $427 / Sq Ft
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 $11,030 $663,252 $343,660 $319,592
2024 $11,030 $650,248 $336,922 $313,326
2023 $10,836 $637,499 $330,316 $307,183
2022 $10,494 $625,000 $323,840 $301,160
2021 $8,135 $417,919 $216,542 $201,377
2020 $7,949 $413,635 $214,322 $199,313
2019 $7,761 $405,525 $210,120 $195,405
2018 $7,611 $397,574 $206,000 $191,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210021898

San Diego MLS

APN: 643-063-08-09