NOT LISTED FOR SALE

987 Merced River Rd Chula Vista, CA 91913

Otay Ranch Neighborhood

Estimated Value: $1,193,000 - $1,259,000

5 Beds
3 Baths
3,151 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $552,805 $175 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $7,524/month

19 Days on Market

Highlights

  • 0.23 Acre Lot
  • Neighborhood Views
  • Cooling Available
  • Rancho Del Rey Middle School Rated A-
  • 3 Car Attached Garage
  • Paved or Partially Paved Lot

About This Home

As of May 2014

THE PROPERTY IS AN 11 YEAR OLD HOME LOCATED IN A PLANNED COMMUNITY. HOME FEATURES 3144 SQUARE FEET OF LIVING SPACE WITH 5 BEDROOMS AND 3 BATHS, A 3 CAR ATTACHED GARAGE, A COVERED PATIO AND LARGE KITCHEN. PROPERTY SOLD AS IS WITHOUT REPAIR OR WARRANTY.

Last Agent to Sell the Property

David Judd

Ojo Home California Inc. License #00621966 Listed on: 02/27/2014

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 10,110 Sq Ft Lot
  • Paved or Partially Paved Lot

HOA Fees

  • $98 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,151 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling Available
  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 14506
  • Assessor Parcel Number 6412502900

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

10,110 Sq Ft Lot

HOA Fees

$98 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6412502900
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3151.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 175.44
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 98.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 10110.00
  • Lot Size Acres: 0.2320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10110.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 14506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2014
Closed on
Mar 31, 2014
Sold by
The Bank Of New York Mellon
Bought by
Vega Cesar L and Vega Blanca E
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$456,000
Sold Price
$552,805
Premium/Discount to List
$96,805
21.23%
Current Estimated Value
$1,224,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$671,832
Avg. Annual Appreciation
6.94%
Original Mortgage
$442,244
Outstanding Balance
$336,694
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$887,943

Purchase Details

Closed on
Apr 11, 2012
Sold by
Diunugala Nimal Susantha
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Feb 6, 2006
Sold by
Diunugala Laura Eugenia
Bought by
Diunugala Nimal Susantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
1.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 12, 2006
Sold by
Biltz Dave H and Biltz Michelle L
Bought by
Diunugala Nimal Susantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
1.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 30, 2005
Sold by
Biltz Michelle L and Biltz Nelson O
Bought by
Biltz Dave H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 9, 2004
Sold by
Biltz Nelson O
Bought by
Biltz Dave H and Blitz Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.99%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 23, 2003
Sold by
Otay Ranch I West 3 Llc
Bought by
Biltz Dave H and Biltz Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
7.55%
Mortgage Type
Unknown
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
Vega Cesar L $529,000 Premium Title Of California
The Bank Of New York Mellon $425,000 Accommodation
Diunugala Nimal Susantha -- Stewart Title Of California
Diunugala Nimal Susantha $785,000 Stewart Title Of California
Biltz Dave H -- Stewart Title Of California
Biltz Dave H -- --
Biltz Dave H $508,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Cesar L $442,244
Previous Owner Diunugala Nimal Susantha $588,750
Previous Owner Biltz Dave H $100,000
Previous Owner Biltz Dave H $520,000
Previous Owner Biltz Dave H $405,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $552,805 +21.2% $175 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
02/27/2014 02/27/14 For Sale $456,000 -- $145 / 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 $11,802 $648,472 $259,388 $389,084
2024 $11,802 $635,757 $254,302 $381,455
2023 $11,643 $623,292 $249,316 $373,976
2022 $11,395 $611,072 $244,428 $366,644
2021 $11,198 $599,091 $239,636 $359,455
2020 $10,974 $592,949 $237,179 $355,770
2019 $10,731 $581,324 $232,529 $348,795
2018 $10,556 $569,926 $227,970 $341,956
2017 $10,370 $558,751 $223,500 $335,251
2016 $9,999 $547,796 $219,118 $328,678
2015 $9,765 $539,568 $215,827 $323,741
2014 -- $476,452 $190,581 $285,871
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Judd

    Ojo Home California Inc.

    Section Image

  • N

    Buyer's Agent in 2014

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    6,375 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14040649

California Regional Multiple Listing Service (CRMLS)

APN: 641-250-29

California San Diego County Chula Vista 91913 Otay Ranch

987 Merced River Rd, Chula Vista, CA

Not Listed for Sale

Detached

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