NOT LISTED FOR SALE

2031 Element Way Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $745,444 - $816,000

3 Beds
3.5 Baths
1,775 Sq Ft
$440/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $565,000 $318 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,266/month

32 Days on Market

Highlights

  • 10.01 Acre Lot
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Wolf Canyon Elementary School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of October 2020

Resort Living and a whole new lifestyle are awaiting you at this newer (2018) build at Element in Millenia. Rare Plan 1 Single family DETACHED home! A clean, well thought out build- with all bedrooms having their own en-suite (and yes- there's even a bedroom on the first floor!) On the second floor, you will find a beautiful, bright, open kitchen with large island, dining area, living area, and covered patio area for dining al fresco while enjoying park and mountain views. Other features include: dual pane windows throughout, new luxury laminate wood flooring, new luxury carpet, new patio pavers, updated tile in master bath, large sized secondary bedrooms, and a large garage. This home is in a great location near the pool and park. When you buy in Millenia, you're really buying into a lifestyle. There are over 80 walkable city blocks filled with parks, promenades, gardens, dog parks, splash pads, and even a hotel for your guests to stay at! Otay Ranch Town Center is a quick stroll away and has coffee shops, restaurants, retail therapy, movie theatre, and grocery stores. The schools are highly rated (Wolf Canyon Elem, Eastlake Middle, Olympian High- all 9's!!). There really is no reason to look anywhere else!

Last Agent to Sell the Property

Trish Yelenosky & Mindi Estrada

Wedgewood Homes Realty License #01881210 Listed on: 08/14/2020

Last Buyer's Agent

Franklin Suela

5RG Realty License #01904436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,951

Year Built

  • Built in 2018

Lot Details

  • 10.01 Acre Lot
  • Level Lot
  • Property is zoned R-1:SINGLE

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,775 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Stove
  • Gas Range
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 643-063-08-20
  • $3,447 annual special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance
  • First Service Residential Association, Phone Number (800) 527-3914

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,951

Year Built

Built in 2018

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: Strata
  • Neighborhood: Millenia
  • Supplement: pane windows throughout, new luxury laminate wood flooring, new luxury carpet, new patio pavers, updated tile in master bath, large sized secondary bedrooms, and a large garage. This home is in a great location near the pool and park. When you buy in Millenia, you're really buying into a lifestyle. There are over 80 walkable city blocks filled with parks, promenades, gardens, dog parks, splash pads, and even a hotel for your guests to stay at! Otay Ranch Town Center is a quick stroll away and has coffee shops, restaurants, retail therapy, movie theatre, and grocery stores. The schools are highly rated (Wolf Canyon Elem, Eastlake Middle, Olympian High- all 9's!!). There really is no reason to look anywhere else!
  • LP / Sq Ft: 318.25
  • Price Per Sq Ft: 318.31
  • SP/ Sq Ft: 318.31
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 2018
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Microwave, Gas Stove, Gas Range
  • Searchable Rooms: Bedroom Entry Level, Living Room, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1775
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood/Stucco
  • Pool: Community/Common
  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Total Fees: 2520.0
  • Community: CHULA VISTA
  • Home Owner Association: First Service Residential
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 210.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-527-3914

Fee Information

  • CFD Mello Roos Fee: 3446.74
  • CFD Mello Roos Fee Reflects: Year
  • Total Monthly Fees: 497
  • CFD Mello Roos Fee Frequency: Semi-Annually

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 643-063-08-20
  • 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 14, 2020
Closed on
Oct 20, 2020
Sold by
Catamont Properties 2018 Llc
Bought by
Austria Joherickson and Gravamen Stephanie
Seller's Agent
Trish Yelenosky & Mindi Estrada
Wedgewood Homes Realty
Buyer's Agent
Franklin Suela
5RG Realty
List Price
$569,900
Sold Price
$565,000
Premium/Discount to List
-$4,900
-0.86%
Current Estimated Value
$780,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,361
Avg. Annual Appreciation
6.66%
Original Mortgage
$577,995
Outstanding Balance
$520,167
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$246,643

Purchase Details

Closed on
Jul 7, 2020
Sold by
Poulidis Elia
Bought by
Catamount Properties 2018 Llc

Purchase Details

Closed on
May 2, 2018
Sold by
Shea Homes Lp
Bought by
Poulidis Elia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,420
Interest Rate
4.6%
Mortgage Type
New Conventional
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
Austria Joherickson $565,000 Usa Ntc
Catamount Properties 2018 Llc $477,000 Synrgo Inc
Poulidis Elia $512,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Austria Joherickson $577,995
Previous Owner Poulidis Elia $483,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $565,000 0.0% $318 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/04/2020 09/04/20 Price Changed $564,900 -0.9% $318 / Sq Ft
08/14/2020 08/14/20 For Sale $569,900 -- $321 / 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
2024 $8,951 $599,582 $297,138 $302,444
2023 $8,856 $576,300 $285,600 $290,700
2022 $10,311 $576,300 $285,600 $290,700
2021 $10,163 $565,000 $280,000 $285,000
2020 $9,520 $522,668 $265,200 $257,468
2019 $9,294 $512,420 $260,000 $252,420
2018 $4,519 $61,182 $61,182 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Buyer's Agent in 2020

    Franklin Suela

    5RG Realty

    (619) 754-3625

    4 in this area

    8 Total Sales

    Franklin Suela
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Map

Source: San Diego MLS

MLS Number: 200039166

San Diego MLS

APN: 643-063-08-20

California San Diego County Chula Vista 91915 Otay Ranch

2031 Element Way, Chula Vista, CA

This home is located at 2031 Element Way, Chula Vista, CA 91915 since 14 August 2020 and is currently estimated at $780,361, approximately $439 per square foot. This property was built in 2018. 2031 Element Way 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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