NOT LISTED FOR SALE

Estimated Value: $1,207,021 - $1,335,000

2 Beds
2.5 Baths
1,471 Sq Ft
$723/mo HOA Fee

Last Sold October 27, 2020

Last sale price $850,000 $578 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,578/month

96 Days on Market

Highlights

  • Community Beach Access
  • Filtered Pool
  • Fireplace in Bathroom
  • Silver Strand Elementary School Rated A
  • Gated Community
  • 4-minute walk to North Cays Park

About This Home

As of October 2020

RESORT LIVING ON THE BAY Lowest priced home in the Coronado Cays, right on the bay in Montego Village. This is the only village in the Cays that has its own pool, hot tub, tennis courts, and club house. Secure and gated. Two patios, with master bedroom patio looking over the intersection of two wide canals directly at the famous Loews Coronado Bay Resort. 2 bedrooms, 2.5 baths. Granite kitchen counters. A five-minute walk west takes you to Coronado’s beautiful Silver Strand Beach. Dock available to rent.

Last Agent to Sell the Property

Harold Nevin

Coronado Cays Realty License #00667220 Listed on: 06/13/2020

Last Buyer's Agent

Mark O'Brien

eXp Realty of Southern California, Inc. License #02077676

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,985

Year Built

  • Built in 1982

Lot Details

  • Gated Home
  • Property is Fully Fenced

HOA Fees

  • $723 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,471 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace

Kitchen

  • Stove
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport
  • Parking Storage or Cabinetry
  • Guest Parking
  • Assigned Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 615-063-20-92

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, roof maintenance, sewer, termite, trash pickup, pest control, security
  • 18 Units
  • Cchoa Association, Phone Number (619) 423-4353
  • Montego Village Community

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,985

Year Built

Built in 1982

Lot Details

0

HOA Fees

$723 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Coronado Cays Blvd.
  • Neighborhood: Montego Village
  • LP / Sq Ft: 577.16
  • Price Per Sq Ft: 577.84
  • SP/ Sq Ft: 577.84
  • Stories: 2 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1982
  • 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

  • Flooring: Laminate, Tile
  • Equipment Available: Disposal, Dryer, Refrigerator, Washer, Electric Stove
  • Fireplaces: 1
  • Fireplace: Fp In Family Room, Bath, Gas Starter
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 17x13
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: On Upper Level
  • Estimated Sq Ft: 1471
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Fiber Cement
  • Fencing: Full, Gate
  • Pool: Below Ground, Community/Common, Heated, Fenced, Filtered
  • Pool Heat: Gas
  • Roof: Metal
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Non Garage Parking: Assigned, Carport, Guest Parking, Built-In Storage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Laundry Utilities: Washer Hookup, Gas & Electric Dryer HU
  • Sewer/Septic: Public Sewer
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Montego Village
  • Total Fees: 8677.56
  • Pets Allowed: Yes
  • Units In Building: 18
  • Total Number of Units: 72
  • Community: CORONADO CAYS
  • Complex Features: Beach Rights, Tennis Courts, Gated Community, Pool, Spa/Hot Tub
  • Home Owner Association: CCHOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Pest Control, Security
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 723.13
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-423-4353
  • Other Fees Type: Cmmnty/Mstr Hm Owner Fees

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 723

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 615-063-20-92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2025
Sold by
Otiko Family Trust and Otiko Christopher A
Bought by
Ce Property Trust and Otiko
Current Estimated Value
$1,291,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,668,000
Outstanding Balance
$4,660,033
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$3,327,764

Purchase Details

Closed on
Feb 14, 2024
Sold by
Otiko Christopher and Otiko Ekaterina
Bought by
Otiko Family Trust and Otiko

Purchase Details

Listed on
Jun 13, 2020
Closed on
Oct 8, 2020
Sold by
Hutchison Rory A
Bought by
Otiko Christopher and Otiko Ekaterina
Seller's Agent
Harold Nevin
Coronado Cays Realty
Buyer's Agent
Mark O'Brien
eXp Realty of Southern California, Inc.
List Price
$849,000
Sold Price
$850,000
Premium/Discount to List
$1,000
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$510,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2018
Sold by
Hutchison Rory A
Bought by
Hutchison Rory A

Purchase Details

Closed on
Jan 20, 2018
Sold by
Puels Carl H and Puels Shanna L
Bought by
Puels Carl H and Puels Shanna L

Purchase Details

Closed on
Aug 22, 2003
Sold by
Hutchinson Rory and Hutchison Dana Reed
Bought by
Hutchinson Rory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Langston Nicholas D and Langston Allura
Bought by
Leeper Gerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 1995
Sold by
Young Robert A and Young June A
Bought by
Langston Nicholas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1993

Purchase Details

Closed on
Mar 3, 1989

Purchase Details

Closed on
May 15, 1986
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
Ce Property Trust -- None Listed On Document
Otiko Family Trust -- None Listed On Document
Otiko Christopher $850,000 First American Title Company
Hutchison Rory A -- None Available
Puels Carl H -- None Available
Hutchinson Rory A -- Fidelity National Title Co
Leeper Gerald L $419,000 Commonwealth Land Title
Langston Nicholas D $214,000 Orange Coast Title Company
-- $228,000 --
-- $229,700 --
-- $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otiko Family Trust $4,668,000
Previous Owner Otiko Christopher $510,000
Previous Owner Hutchison Rory A $179,500
Previous Owner Hutchinson Rory A $210,000
Previous Owner Hutchison Rory $109,683
Previous Owner Hutchison Rory $40,500
Previous Owner Leeper Gerald L $75,000
Previous Owner Langston Nicholas D $340,000
Previous Owner Langston Nicholas D $80,000
Previous Owner Langston Nicholas D $650,000
Previous Owner Langston Nicholas D $150,000
Previous Owner Langston Nicholas D $171,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $850,000 +0.1% $578 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $849,000 -- $577 / 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 $9,985 $920,066 $649,458 $270,608
2024 $9,985 $902,026 $636,724 $265,302
2023 $9,829 $884,340 $624,240 $260,100
2022 $9,647 $867,000 $612,000 $255,000
2021 $9,507 $850,000 $600,000 $250,000
2020 $1,604 $104,266 $24,688 $79,578
2019 $1,600 $102,222 $24,204 $78,018
2018 $1,581 $100,219 $23,730 $76,489
2017 $20 $98,255 $23,265 $74,990
2016 $1,465 $96,329 $22,809 $73,520
2015 $1,418 $94,883 $22,467 $72,416
2014 $1,359 $93,025 $22,027 $70,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200027315

San Diego MLS

APN: 615-063-20-92