NOT LISTED FOR SALE

2379 Element Way Unit 2 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $682,972 - $694,000

3 Beds
2.5 Baths
1,430 Sq Ft
436,036 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $705,000 $493 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,071/month

33 Days on Market

Highlights

  • Community Pool
  • Home Office
  • Living Room
  • Wolf Canyon Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2024

VA ASSUMABLE RATE OF 3.2%!!! This elegant newer three-story home is situated in the highly sought-after Millenia community, renowned for its desirable amenities and accessible atmosphere. Boasting a spacious and modern floor plan, this residence exemplifies pride of ownership at its finest. With an open concept layout seamlessly integrating the living room, kitchen, and dining areas, this home offers the ideal setting for comfortable living and entertaining. Noteworthy upgrades abound throughout the property, including luxurious quartz countertops, a generously sized island perfect for culinary endeavors and casual dining, enhanced lighting fixtures to illuminate the space with elegance, and upgraded flooring that adds both style and durability. With its turn-key status, this home presents an enticing opportunity for prospective buyers seeking a move-in ready residence. Don't miss the chance to experience all that this exceptional home has to offer—including an assumable VA loan!

Last Agent to Sell the Property

Madeline Foley

Costa Modern Properties License #02056028 Listed on: 03/01/2024

Last Buyer's Agent

Anna Hong

T.N.G. Real Estate Consultants License #01825610

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • Cross Fenced

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,430 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Area
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 643-063-07-79
  • $273 Monthly special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, limited insurance, roof maintenance
  • 6 Units
  • Moonstone Association, Phone Number (888) 662-4627
  • Millenia Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

10.01 Acres

HOA Fees

$468 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: ELEMENT WAY & OBSERVATION
  • Neighborhood: Millenia
  • Supplement: Noteworthy upgrades abound throughout the property, including luxurious quartz countertops, a generously sized island perfect for culinary endeavors and casual dining, enhanced lighting fixtures to illuminate the space with elegance, and upgraded flooring that adds both style and durability. With its turn-key status, this home presents an enticing opportunity for prospective buyers seeking a move-in ready residence. Don't miss the chance to experience all that this exceptional home has to offer—including an assumable VA loan!
  • LP / Sq Ft: 488.81
  • Price Per Sq Ft: 493.01
  • SP/ Sq Ft: 493.01
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium, Fee Simple
  • Total Stories: 3
  • Year Built: 2018
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave
  • Searchable Rooms: Den, Dining Area, Family Room, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 14X12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1430
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing
  • Pool: Community/Common
  • Roof: None, Shingle

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Millenia
  • Units In Building: 6
  • Total Number of Units: 176
  • Community: CHULA VISTA
  • Home Owner Association: Moonstone
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 468.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 8886624627

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • CFD Mello Roos Fee: 273.0
  • CFD Mello Roos Fee Reflects: Month
  • CFD Mello Roos Fee Frequency: Monthly

Lot Info

  • Lot Size: 4+ to 10 AC
  • Topography: Level
  • Assessor Parcel Number: 643-063-07-79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 6, 2024
Sold by
Sherman Nicholas and Frisina Carolan
Bought by
Johnson Feona Mae and Johnson Lamour
Seller's Agent
Madeline Foley
Costa Modern Properties
Buyer's Agent
Anna Hong
T.N.G. Real Estate Consultants
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Views
316
Current Estimated Value
$690,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,507
Avg. Annual Appreciation
-1.14%

Purchase Details

Listed on
Dec 28, 2021
Closed on
Feb 3, 2022
Sold by
Opendoor Property Trust
Bought by
Sherman Nicholas and Frisina Carolan
Seller's Agent
Ben Braksick
Opendoor Brokerage Inc.
Buyer's Agent
Josh Nottingham
Real Broker
List Price
$665,000
Sold Price
$675,000
Premium/Discount to List
$10,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$690,525
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Listed on
Jun 10, 2021
Closed on
Nov 26, 2021
Sold by
Holguin Jessica
Bought by
Opendoor Property Trust
Seller's Agent
Cloretta Banks
Coldwell Banker West
Buyer's Agent
Ben Braksick
Opendoor Brokerage Inc.
List Price
$599,000
Sold Price
$591,300
Premium/Discount to List
-$7,700
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
108.65%

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jul 27, 2020
Sold by
Todaro Nicholas Anthony and Todaro Katharine Jane
Bought by
Holguin Jessica
Seller's Agent
Marc Pierce
LPT Realty,Inc
Buyer's Agent
Cloretta Banks
Coldwell Banker West
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$511,500
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Apr 3, 2018
Sold by
Shea Homes Lp
Bought by
Todaro Nicholas Anthony and Todaro Katherine Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,883
Interest Rate
4.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Feona Mae $53,000 Lawyers Title Company
Sherman Nicholas $675,000 None Listed On Document
Opendoor Property Trust $591,500 None Listed On Document
Holguin Jessica $500,000 Ticor Title San Diego
Todaro Nicholas Anthony $396,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sherman Nicholas $690,525
Previous Owner Holguin Jessica $511,500
Previous Owner Todaro Nicholas Anthony $340,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Sold $705,000 +0.9% $493 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $699,000 +3.6% $489 / Sq Ft
02/04/2022 02/04/22 Sold $675,000 +1.5% $472 / Sq Ft View Prior Sale
01/13/2022 01/13/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $665,000 0.0% $465 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $665,000 +12.5% $465 / Sq Ft
12/02/2021 12/02/21 Sold $591,300 -1.3% $413 / Sq Ft View Prior Sale
07/05/2021 07/05/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $599,000 +19.8% $419 / Sq Ft
09/01/2020 09/01/20 Sold $500,000 +5.3% $350 / Sq Ft View Prior Sale
07/21/2020 07/21/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $475,000 0.0% $332 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $475,000 -- $332 / Sq Ft
Source: San Diego MLS

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 $11,654 $719,100 $408,000 $311,100
2024 $11,654 $702,270 $327,769 $374,501
2023 $11,251 $671,000 $313,000 $358,000
2022 $10,144 $591,300 $275,977 $315,323
2021 $9,011 $500,000 $233,365 $266,635
2020 $7,810 $412,388 $192,474 $219,914
2019 $7,624 $404,302 $188,700 $215,602
2018 $3,845 $61,182 $61,182 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Madeline Foley

    Costa Modern Properties

    (619) 679-1206

    2 in this area

    109 Total Sales

    Madeline Foley
    Section Image

  • A

    Buyer's Agent in 2024

    Anna Hong

    T.N.G. Real Estate Consultants

  • B

    Seller's Agent in 2022

    Ben Braksick

    Opendoor Brokerage Inc.

    Section Image
  • Josh Nottingham

    Buyer's Agent in 2022

    Josh Nottingham

    Real Broker

    (858) 900-1300

    2 in this area

    68 Total Sales

    Josh Nottingham
    Section Image
  • Cloretta Banks

    Seller's Agent in 2021

    Cloretta Banks

    Coldwell Banker West

    (619) 227-1104

    2 in this area

    20 Total Sales

    Cloretta Banks
    Section Image

  • M

    Seller's Agent in 2020

    Marc Pierce

    LPT Realty,Inc

    Section Image
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Map

Source: San Diego MLS

MLS Number: 240004310

San Diego MLS

APN: 643-063-07-79

California San Diego County Chula Vista 91915 Otay Ranch

2379 Element Way Unit 2, Chula Vista, CA

Not Listed for Sale

Condos

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