NOT LISTED FOR SALE

2394 Element Way Unit 5 Chula Vista, CA 91915

Otay Ranch Neighborhood

Estimated Value: $685,827 - $737,000

3 Beds
2.5 Baths
1,475 Sq Ft
$489/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $710,000 $481 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,076/month

3 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • 10 Acre Lot
  • Wolf Canyon Elementary School Rated A-
  • Panoramic View
  • Deck

About This Home

As of August 2024

BEAUTIFUL UPGRADED END UNIT WITH PANORAMIC VIEWS OF THE MOUNTAINS AND HAS A VIEW DECK ON THE 2ND FLOOR AND FANTASTIC VIEWS FROM THE GROUND LEVEL FRONT PATIO. PATIO & DECK ARE VERY PRIVATE. PROPERTY HAS CEILING FANS, WHOLE HOUSE FAN, DUAL A/C, QUARTZ COUNTER TOPS, CUSTOM BACKSPLASH IN KITCHEN, PLANTATION SHUTTERS THROUGHOUT, REFRIGERATOR/WASHER/DRYER STAY. ALSO, THE WEIGHT RACK IN THE GARAGE STAYS ALONG WITH ALL THE STORAGE CABINETS. THERE IS ALSO A 220V CHARGER FOR YOUR EV IN THE GARAGE. EPOXY FLOOR IN THE GARAGE. WOOD LAMINATE FLOORING THROUGHOUT THE HOME. STAINLESS APPLIANCES, USB WALL OUTLET, TANKLESS WATER HEATER, RING DOORBELL AND SMART THERMOSTAT. LARGE KITCHEN ISLAND WITH QUARTZ COUNTERTOP, SHIPLAP WALLS, SECURITY SYSTEM, TANKLESS WATER HEATER AND MAIN BATHROOM HAS RAINFALL SHOWERHEAD ABOVE AND A REGULAR SHOWERHEAD AS WELL.

Last Agent to Sell the Property

Joseph Nichols

Berkshire Hathaway HomeService License #00967374 Listed on: 07/12/2024

Berkshire Hathaway HomeService

Last Buyer's Agent

Mariko Tortolero

Palisade Realty Inc License #02017723

Palisade Realty Inc

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2019

Lot Details

  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,475 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

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

Listing and Financial Details

  • Tax Tract Number 16150
  • Assessor Parcel Number 6430630788
  • $3,376 per year additional tax assessments

Community Details

Overview

  • 174 Units
  • Element & Z Association, Phone Number (888) 662-4627
  • Moonstone Mgt HOA

Recreation

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

Townhouse Details

Home Type

Townhome

Year Built

Built in 2019

Lot Details

10 Acres

HOA Fees

$468 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: CONDOMINIUM UNIT RESIDENTIAL
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6430630788
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1475.00
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Appliances: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 481.36
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Hills, Mountain(s), Panoramic
  • Fence: No
  • Patio And Porch Features: Covered, Deck, Patio, Patio Open, Slab
  • Pool Features: Association, In Ground
  • 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: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Pool, Spa/Hot Tub
  • Association Fee: 468.00
  • Association Fee Frequency: Monthly
  • Association Name: ELEMENT & Z
  • Phone: 888-662-4627
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban, Dog Park, Park
  • Association Management: MOONSTONE MGT

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 435600.00
  • Lot Size Acres: 10.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10.0000 Acres
  • Number Of Units In Community: 174

Tax Info

  • Tax Tract Number: 16150
  • TaxOtherAnnualAssessmentAmount: 3376.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Jul 18, 2024
Sold by
Villegas Isaac and San Juanita
Bought by
Corod Avelino and Corod Cindy Marie
Seller's Agent
Joseph Nichols
Berkshire Hathaway HomeService
Buyer's Agent
Mariko Tortolero
Palisade Realty Inc
List Price
$705,000
Sold Price
$710,000
Premium/Discount to List
$5,000
0.71%
Views
15
Current Estimated Value
$698,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,506
Avg. Annual Appreciation
0.93%
Original Mortgage
$710,000
Outstanding Balance
$701,306
Interest Rate
6.86%
Mortgage Type
VA
Estimated Equity
$19,401

Purchase Details

Listed on
Aug 17, 2021
Closed on
Sep 7, 2021
Sold by
Bedard Raymond Lee and Resurreccion Pamela Green
Bought by
Villegas Isaac and Villegas San Juanita
Seller's Agent
Lorena Buitrago
Real Broker
List Price
$655,000
Sold Price
$640,000
Premium/Discount to List
-$15,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$603,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2020
Sold by
Bedard Raymond Lee and Resurreccion Pamela Green
Bought by
Bedard Raymond Lee and Resurreccion Pamela Green

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,364
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Apr 19, 2019
Sold by
Shea Homes Limited Partnership
Bought by
Bedard Raymond Lee and Resurrection Pamela Green

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,469
Interest Rate
3.6%
Mortgage Type
VA
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
Corod Avelino $710,000 California Title Company
Villegas Isaac $640,000 Fidelity Natl Ttl San Diego
Bedard Raymond Lee -- Timios Title A Ca Corp
Bedard Raymond Lee $470,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corod Avelino $710,000
Previous Owner Villegas Isaac $603,250
Previous Owner Bedard Raymond Lee $479,364
Previous Owner Bedard Raymond Lee $480,469
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2024 08/09/24 Sold $710,000 +0.7% $481 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $705,000 +10.2% $478 / Sq Ft
10/05/2021 10/05/21 Sold $640,000 -2.3% $434 / Sq Ft View Prior Sale
08/30/2021 08/30/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $655,000 0.0% $444 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $655,000 -- $444 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,209 $710,000 $316,909 $393,091
2024 $11,209 $665,854 $297,204 $368,650
2023 $11,012 $652,799 $291,377 $361,422
2022 $10,745 $640,000 $285,664 $354,336
2021 $8,782 $475,355 $212,175 $263,180
2020 $8,580 $470,482 $210,000 $260,482
2019 $3,980 $62,405 $62,405 $0
2018 $3,891 $61,182 $61,182 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Nichols

    Seller's Agent in 2024

    Joseph Nichols

    Berkshire Hathaway HomeService

    (619) 200-8885

    7 in this area

    25 Total Sales

    Joseph Nichols
    Section Image
  • Mariko Tortolero

    Buyer's Agent in 2024

    Mariko Tortolero

    Palisade Realty Inc

    (619) 520-4134

    11 in this area

    63 Total Sales

    Mariko Tortolero
    Section Image

  • V

    Buyer Co-Listing Agent in 2024

    Vanessa Tortolero

    Section Image

  • L

    Seller's Agent in 2021

    Lorena Buitrago

    Real Broker

    Section Image
  • Michelle Tramel

    Seller Co-Listing Agent in 2021

    Michelle Tramel

    Mission Realty Group

    (619) 761-0888

    22 in this area

    197 Total Sales

    Michelle Tramel
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2404186

California Regional Multiple Listing Service (CRMLS)

APN: 643-063-07-88

California San Diego County Chula Vista 91915 Otay Ranch

2394 Element Way Unit 5, Chula Vista, CA

Not Listed for Sale

Townhouses

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