NOT LISTED FOR SALE

2040 Quartet Loop Unit 2 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $618,000 - $666,000

3 Beds
2.5 Baths
1,384 Sq Ft
$255/mo HOA Fee

Last Sold February 27, 2019

Last sale price $418,000 $302 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,250/month

109 Days on Market

Highlights

  • Loft
  • Community Pool
  • Forced Air Heating and Cooling System
  • Wolf Canyon Elementary School Rated A-
  • Laundry Room
  • Partially Fenced Property

About This Home

As of February 2019

2 bed plus Loft w/2.5 ba 2 story condo is almost Brand New & located by the Otay Ranch Mall. UPGRADES included: Luxury Vinyl plank flooring, looks like wood. High quality carpet/padding, beautiful light colored cabinets & quartz counter tops. Stainless Steel Appliances, A/C & tankless water heater. Additional upgrades added after original purchase: Plantation Shutters & Window Coverings, Samsung Washer, Dryer & Refrigerator, Epoxy Garage Floor in the 2 car garage with side by side parking. MOVE-IN READY EAST CHULA VISTA, NEW COMMUNITY AT MILENIA IN OTAY RANCH. UPGRADED LUXURY VINYL FLOORING, HIGH QUALITY CARPET & PADDING, CABINETS, COUNTER-TOPS, OPEN IRON HANDRAILS, GARAGE FLOOR EPOXY, MIRROR TRIMS, FAUCETS, PLANTATION SHUTTERS.. Neighborhoods: OTAY RANCH Equipment: Dryer,Fire Sprinklers,Garage Door Opener, Washer Other Fees: 44 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Carlos Valdez

Casey Property Group License #01881540 Listed on: 10/12/2018

Last Buyer's Agent

Carlos Valdez

Casey Property Group License #01881540 Listed on: 10/12/2018

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • Partially Fenced Property

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,384 Sq Ft Home
  • 2-Story Property
  • Loft
  • Carpet

Kitchen

  • Gas Oven or Range
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 160 Units
  • Genesis c/o Walters Association, Phone Number (858) 495-0900
  • METRO

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: METRO
  • Property Attached: Yes
  • Subdivision Name Other: Chula Vista
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 0000000000
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Living Area: 1384.00
  • Stories: 2
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 302.02
  • Room Type: Loft

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Range, Counter Top, Gas Cooking
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: Genesis c/o Walters
  • Phone: 858-495-0900

Multi Family

  • Number Of Units In Community: 160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Jan 31, 2019
Sold by
Chung Kelly S and Chung Marilyn V
Bought by
Yamamoto Julieann S
Seller's Agent
Carlos Valdez
Casey Property Group
Buyer's Agent
Carlos Valdez
Casey Property Group
List Price
$450,000
Sold Price
$418,000
Premium/Discount to List
-$32,000
-7.11%
Current Estimated Value
$647,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,739
Avg. Annual Appreciation
6.62%
Original Mortgage
$374,625
Outstanding Balance
$328,691
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$319,048

Purchase Details

Closed on
Feb 14, 2018
Sold by
Genesis New Homes Llc
Bought by
Chung Kelly S and Chung Marilyn V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yamamoto Julieann S $418,000 First American Title
Chung Kelly S $433,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yamamoto Julieann S $374,625
Previous Owner Chung Kelly S $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $418,000 -7.1% $302 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
10/12/2018 10/12/18 For Sale $450,000 -- $325 / 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 $7,211 $466,282 $223,101 $243,181
2024 $7,211 $457,140 $218,727 $238,413
2023 $7,084 $448,178 $214,439 $233,739
2022 $6,852 $439,391 $210,235 $229,156
2021 $6,689 $430,776 $206,113 $224,663
2020 $6,530 $426,360 $204,000 $222,360
2019 $6,634 $442,026 $204,000 $238,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180057367

California Regional Multiple Listing Service (CRMLS)

APN: 643-060-88-30