NOT LISTED FOR SALE

1875 Observation Way Unit 4 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $642,000 - $654,734

3 Beds
2.5 Baths
1,430 Sq Ft
$452/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $670,000 $469 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,748/month

8 Days on Market

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • Community Pool
  • Wolf Canyon Elementary School Rated A-
  • Neighborhood Views
  • 2 Car Attached Garage

About This Home

As of September 2022

Welcome home! Presenting this elegant, modern, turn key, move-in Tri-Level condo located in the highly desirable neighborhood of Millenia. This luxurious home is where modern meets elegance with true pride of ownership. As you walk through to the main living area, you are greeted with ample open space, granite countertops, a center kitchen island, upgraded lighting, luxury vinyl flooring, stainless steel appliances, 1/2 bathroom, custom paint, built in speakers, upgraded dishwasher and a covered patio to sit and enjoy San Diego’s great weather. You can pull up to your own 2 car attached garage with plenty of room for additional storage. Top floor welcomes you with an Owners Suite, 3 total bedrooms, 2 bathrooms, laundry room and life proof/pet proof upgraded carpet. This 2017-built by Shay home sits just across from the community pool. The community offers a pool, parks, dog parks, playground area, trails, and it is a short distance to Otay Ranch Town Center, other shopping centers, restaurants, beauty salons, and so much more. With A-rated schools, this home has everything you are looking for and more. Video: https://player.vimeo.com/video/715817101

Last Agent to Sell the Property

James Osorio

Coldwell Banker West License #02086534 Listed on: 07/11/2022

Coldwell Banker West

Last Buyer's Agent

Tina Wheeler

ERA Ranch & Sea Realty License #01042168

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,438

Year Built

  • Built in 2017

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,430 Sq Ft Home
  • Entryway
  • Family Room
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 1299
  • Assessor Parcel Number 6430630742
  • $3,276 per year additional tax assessments

Community Details

Overview

  • 177 Units
  • Moonstone Management Association, Phone Number (888) 662-4627

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,438

Year Built

Built in 2017

Lot Details

0

HOA Fees

$384 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6430630742
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1430.00 Square Feet
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Price Per Square Foot: 468.53
  • Room Type: All Bedrooms Up, Entry, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Features: Association, Community
  • 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: In Closet, Washer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Call for Rules, Pet Rules, Playground, Pool, Spa/Hot Tub
  • Association Fee: 384.00
  • Association Fee Frequency: Monthly
  • Association Name: Moonstone Management
  • Phone: 888-662-4627
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Dog Park, Park

Schools

  • School District: Sweetwater Union

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 177

Tax Info

  • Tax Tract Number: 01299
  • TaxOtherAnnualAssessmentAmount: 3276.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Jul 26, 2022
Sold by
Joseph Brancato Charles and Chere Erica
Bought by
Brey Keith Jay and Brey Virginia Nicole
Seller's Agent
James Osorio
Coldwell Banker West
Buyer's Agent
Tina Wheeler
ERA Ranch & Sea Realty
List Price
$660,000
Sold Price
$670,000
Premium/Discount to List
$10,000
1.52%
Views
12
Current Estimated Value
$645,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,066
Avg. Annual Appreciation
-0.81%
Original Mortgage
$561,756
Outstanding Balance
$538,632
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$114,930

Purchase Details

Closed on
Nov 2, 2017
Sold by
Shea Homes Lp
Bought by
Brancato Joseph and Brancato Erica Chere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,870
Interest Rate
3.95%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Brey Keith Jay $670,000 Ticor Title
Brancato Joseph $407,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brey Keith Jay $561,756
Previous Owner Brancato Charles Joseph $437,000
Previous Owner Brancato Charles Joseph $406,535
Previous Owner Brancato Joseph $406,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $670,000 +1.5% $469 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $660,000 -- $462 / 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
2025 $11,438 $697,066 $371,773 $325,293
2024 $11,438 $683,399 $364,484 $318,915
2023 $11,239 $670,000 $357,338 $312,662
2022 $6,641 $436,243 $232,666 $203,577
2021 $6,535 $427,690 $228,104 $199,586
2020 $7,931 $423,306 $225,766 $197,540
2019 $7,742 $415,007 $221,340 $193,667
2018 $7,587 $406,870 $217,000 $189,870
Source: Public Records

Agents Affiliated with this Home

  • James Osorio

    Seller's Agent in 2022

    James Osorio

    Coldwell Banker West

    (619) 779-0969

    5 in this area

    21 Total Sales

    James Osorio
    Section Image
  • Tina Wheeler

    Buyer's Agent in 2022

    Tina Wheeler

    ERA Ranch & Sea Realty

    (760) 533-3052

    2 in this area

    45 Total Sales

    Tina Wheeler
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2204645

California Regional Multiple Listing Service (CRMLS)

APN: 643-063-07-42

California San Diego County Chula Vista 91915 Otay Ranch

1875 Observation Way Unit 4, Chula Vista, CA

This home is located at 1875 Observation Way Unit 4, Chula Vista, CA 91915 since 11 July 2022 and is currently estimated at $645,934, approximately $451 per square foot. This property was built in 2017. 1875 Observation Way Unit 4 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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