NOT LISTED FOR SALE

Estimated Value: $1,230,000 - $1,372,000

5 Beds
4.5 Baths
3,488 Sq Ft
$369/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $1,220,000 $350 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,030/month

20 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Community Pool
  • Rancho Del Rey Middle School Rated A-
  • Neighborhood Views
  • 3 Car Attached Garage

About This Home

As of January 2024

What a home!! Great location!! This elegant home is nested in a quiet cul-de-sac in the highly desirable guarded community of Otay Ranch Village!! Through the private entry courtyard, high ceilings with abundant natural light will greet you as you enter into the home. Check this video link-> https://vimeo.com/893464824 This beautiful home features new luxury laminate floor throughout the house and new paint walls in the family room, kitchen and the primary bedroom and bathroom. There is one bedroom downstairs and four bedrooms upstairs. One of three car garage spaces is converted into a storage space. The owner is willing to convert back to the third garage per request. The kitchen with spacious and newly refurbished cabinets is boasting about the huge island and a brand-new modern style refrigerator. The large backyard has lots of potential and will allow you to have a wonderful time with your friends and family. Community amenities include a clubhouse pool, park, children playground and common area. The community is guarded by security from 8pm to 4am daily. Close to 805 freeway, restaurants, hospitals, and shopping centers. Don’t miss out!!

Last Agent to Sell the Property

Nana Kim

ROA California Inc License #02091788 Listed on: 12/13/2023

Last Buyer's Agent

Qian Chen

Century 21 Affiliated License #01928172

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,887

Year Built

  • Built in 2003

Lot Details

  • 7,217 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE FAM-RES

HOA Fees

  • $126 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,488 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 14507
  • Assessor Parcel Number 6412611600
  • $4,906 per year additional tax assessments

Community Details

Overview

  • Otay Ranch III Association, Phone Number (858) 576-5596
  • Walters Management HOA

Recreation

  • Community Playground
  • Community Pool
  • Park

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,887

Year Built

Built in 2003

Lot Details

0

HOA Fees

$126 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6412611600
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3488.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 349.77
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Playground, Pool
  • Association Fee: 126.00
  • Association Fee Frequency: Monthly
  • Association Name: Otay Ranch III
  • Phone: 858-576-5596
  • Senior Community: No
  • Community Features: Sidewalks, Park
  • Association Management: Walters Management

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7217.00
  • Lot Size Acres: 0.1657

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7217.0000 Square Feet

Tax Info

  • Tax Tract Number: 014507
  • TaxOtherAnnualAssessmentAmount: 4905.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 8, 2024
Sold by
Lee Wan Soo
Bought by
Zhu Heidi and Yang Mark
Seller's Agent
Nana Kim
ROA California Inc
Buyer's Agent
Qian Chen
COLDWELL BANKER ASSOCIATED BRO
List Price
$1,240,000
Sold Price
$1,220,000
Premium/Discount to List
-$20,000
-1.61%
Views
419
Current Estimated Value
$1,288,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,155
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,246,230
Outstanding Balance
$1,224,421
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
$63,734

Purchase Details

Listed on
Oct 1, 2013
Closed on
Dec 6, 2013
Sold by
Kim Joo Yeon
Bought by
Lee Wan Soo
Seller's Agent
Alonso Fernandez
VILLA ASSOCIATES
Buyer's Agent
Mija Park
Kareic Real Estate & Investment
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 1, 2013
Closed on
Nov 8, 2013
Sold by
Jimenez Martha Yolanda
Bought by
Lee Wan Soo
Seller's Agent
Alonso Fernandez
VILLA ASSOCIATES
Buyer's Agent
Mija Park
Kareic Real Estate & Investment
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2003
Sold by
Otay Ranch Four Llc
Bought by
Jimenez Martha Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zhu Heidi $1,220,000 Lawyers Title Company
Lee Wan Soo -- Lawyers Title
Lee Wan Soo $575,000 Lawyers Title
Jimenez Martha Yolanda $539,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Heidi $1,246,230
Previous Owner Lee Wan Soo $417,000
Previous Owner Jimenez Martha Yolanda $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2024 01/24/24 Sold $1,220,000 -1.6% $350 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $1,240,000 +115.7% $356 / Sq Ft
12/16/2013 12/16/13 Sold $575,000 0.0% $165 / Sq Ft View Prior Sale
11/06/2013 11/06/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $575,000 -- $165 / 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 $12,887 $1,244,400 $816,000 $428,400
2024 $12,887 $691,039 $276,413 $414,626
2023 $12,712 $677,491 $270,994 $406,497
2022 $12,441 $664,208 $265,681 $398,527
2021 $12,229 $651,185 $260,472 $390,713
2020 $11,985 $644,509 $257,802 $386,707
2019 $11,719 $631,873 $252,748 $379,125
2018 $11,528 $619,485 $247,793 $371,692
2017 $11,323 $607,339 $242,935 $364,404
2016 $10,911 $595,431 $238,172 $357,259
2015 $10,663 $586,488 $234,595 $351,893
2014 $10,833 $575,000 $230,000 $345,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2306061

California Regional Multiple Listing Service (CRMLS)

APN: 641-261-16