tomo logo

$899,900

Beds
4
Baths
3.5
sq ft
2,157

2240 Element Way, Chula Vista, CA 91915

2240 Element Way

Chula Vista, CA 91915

  • 57 days on market
Discover modern living in Millenia, Otay Ranch. This pristine single-family detached home, built in 2018, offers a bright and open main level complete with a stylish, updated kitchen featuring a spacious island. Enjoy the convenience of a half bath and private outdoor retreat on this floor. Upstairs, find three bedrooms, two full baths, a dedicated office space, and laundry. The top level boasts a versatile loft perfect for entertaining or a fourth bedroom, plus an additional full bath. Invest in your comfort with included Solar panels, a Whole-house water filtration and Softener system, and alkaline water 'FULLY PAID' for. Enhanced security with a Ring doorbell and ADT installed. With a fresh coat of paint and professional cleaning, this home is ready for immediate occupancy. This home is ideally located within easy reach to restaurants, the Otay Ranch Mall, and top-rated schools. Don't miss this opportunity to make Millenia your new home.

Details

Property type

Single Family Residence

Est. home value

$870,501

Lot size

10.0104 acres

Price per sq ft

$418

Year built

2018

Monthly HOA fee

$289

Price History

08/09/2024
SanDiego

SanDiego #NDP2408021

Listed
$899,900
+14.2%
09/14/2022
SanDiego

SanDiego #PTP2205263

Sold
$788,000
+30.25%
11/14/2019
SanDiego

SanDiego #190050862

Sold
$605,000

Schools & Community

Neighborhood: 

Otay Ranch

Elementary school: 

Unknown

Middle school: 

Sweetwater Union High School District

High school: 

Sweetwater Union High School District

Community features: 

Pool

Number of units in community: 

100

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$363,899
Asking price
$899,900
Closing costs (~8% of asking)
-$71,992
Est. remaining loan balance
-$464,009
Cash to seller
$363,899

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

October 2022

Original loan amount

$476,266

Est. remaining balance

$464,009

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Ramakrishna Chaitanya Thotakura and Divya Yalavarthi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/04/2024 at 7:30 PM

Listing updated: 09/29/2024 at 3:36 PM

Listed by: Divya Yalavarthi, Phone #: (760) 431-3330

MLS: SanDiego #NDP2408021

SanDiego logo

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