NOT LISTED FOR SALE

2198 Element Way Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $738,116 - $801,000

3 Beds
2.5 Baths
1,775 Sq Ft
$429/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $700,000 $394 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,200/month

3 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Wolf Canyon Elementary School Rated A-
  • Laundry Room
  • Dining Area

About This Home

As of March 2022

Modern living in Chula Vista's premier community. Millenia is an urban community that is walking distance to restaurants, shopping, grocery stores, a dog park and community pool. This home has an open floorplan perfect for entertaining guests with a patio lounge on main level, it also features a downstairs room perfect for working or studying from home. Solar system is paid off, and the entire downstairs has steel security screens to keep the breeze in and the unwanted out. Must see!

Last Agent to Sell the Property

Kevin Matulac

LPT Realty,Inc License #01496119 Listed on: 01/07/2022

LPT Realty,Inc

Last Buyer's Agent

Sean Azizzi

RE/MAX Connections License #01276013

RE/MAX Connections

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,775 Sq Ft Home
  • 3-Story Property
  • Dining Area
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 643-063-08-55
  • $288 Monthly special tax assessment

Community Details

Overview

  • Association fees include common area maintenance
  • First Service Residential Association, Phone Number (800) 527-3914
  • Millenia Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

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: Observation Way
  • Neighborhood: Millenia
  • LP / Sq Ft: 380.23
  • Price Per Sq Ft: 394.37
  • SP/ Sq Ft: 394.37
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Refrigerator
  • Searchable Rooms: Dining Area
  • Total Bedrooms: 3
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1775
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Community/Common
  • 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: Sewer Connected
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Millenia
  • Pets Allowed: Allowed w/Restrictions
  • Community: CHULA VISTA
  • Home Owner Association: First Service Residential
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 210.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 8005273914

Fee Information

  • CFD Mello Roos Fee: 288.0
  • CFD Mello Roos Fee Reflects: Month
  • CFD Mello Roos Fee Frequency: Annual

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 643-063-08-55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Feb 24, 2022
Sold by
Shekiba Nekzad
Bought by
Wahidi Homayon
Seller's Agent
Kevin Matulac
LPT Realty,Inc
Buyer's Agent
Sean Azizzi
RE/MAX Connections
List Price
$674,900
Sold Price
$700,000
Premium/Discount to List
$25,100
3.72%
Current Estimated Value
$762,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,279
Avg. Annual Appreciation
2.20%
Original Mortgage
$450,000
Outstanding Balance
$415,420
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$346,859

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jan 18, 2022
Sold by
Mae Guzman Maggie and Mae Brian F
Bought by
Wahidi Rasuldad and Wahidi Homayon
Seller's Agent
Kevin Matulac
LPT Realty,Inc
Buyer's Agent
Sean Azizzi
RE/MAX Connections
List Price
$674,900
Sold Price
$700,000
Premium/Discount to List
$25,100
3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$415,420
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$346,859

Purchase Details

Closed on
Oct 3, 2017
Sold by
Shea Homes Lp
Bought by
Guzman Maggie Mae and Guzman Brian Anthony F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,651
Interest Rate
3.95%
Mortgage Type
FHA
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
Wahidi Homayon -- Ticor Title
Wahidi Rasuldad $700,000 Ticor Title
Guzman Maggie Mae $492,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahidi Rasuldad $450,000
Previous Owner Guzman Maggie Mae $479,651
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $700,000 +3.7% $394 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $674,900 -- $380 / 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 $12,367 $742,845 $364,191 $378,654
2024 $12,367 $728,280 $357,050 $371,230
2023 $11,905 $692,000 $339,000 $353,000
2022 $9,754 $527,059 $258,399 $268,660
2021 $9,540 $516,726 $253,333 $263,393
2020 $9,318 $511,429 $250,736 $260,693
2019 $9,096 $501,402 $245,820 $255,582
2018 $9,277 $491,571 $241,000 $250,571
Source: Public Records

Agents Affiliated with this Home

  • Kevin Matulac

    Seller's Agent in 2022

    Kevin Matulac

    LPT Realty,Inc

    (619) 253-0636

    4 in this area

    39 Total Sales

    Kevin Matulac
    Section Image
  • Sean Azizzi

    Buyer's Agent in 2022

    Sean Azizzi

    RE/MAX

    (858) 876-1666

    2 in this area

    56 Total Sales

    Sean Azizzi
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220000283

San Diego MLS

APN: 643-063-08-55

California San Diego County Chula Vista 91915 Otay Ranch

2198 Element Way, Chula Vista, CA

Not Listed for Sale

Detached

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