2724 Slippery Elm, Chula Vista, California 91915, Chula Vista, 91915 - 2 bed, 3 bath
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2724 Slippery Elm
Chula Vista, California 91915
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,332Sq Ft
95,571Lot Size
Property Price
LIST PRICE$575,000
EST. MARKET VALUE
$612,051
6% BelowMARKET VALUE
SUMMARY
This Turnkey Tri-Level Townhome is a Strong Value Opportunity, listed at $575,000—positioned well below the $612,052 Fair Market Value by 6%. This valuation gap offers $37,052 in Instant Equity. Featuring a Good Condition Rating, the home includes Solar Panels, a Bonus Room, and Dual Master Suites. Located near Top-Rated Schools like Eastlake High (9/10), this property balances modern efficiency with lifestyle convenience. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready residence.
Estimated Market Value
$612,051+$37,051 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Chula Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2724 Slippery Elm Subject 2 bd · 3 ba · 1,332 sqft · $459 | $575,000* List Price | 2 | 3 | 1,332 | $459 | - |
A 1646 Hickory Nut Place Sold 3 bd · 4 ba · 1,697 sqft · $371 · 0.0 mi | $630,000 | 3 | 4 | 1,697 | $371 | 0.0 mi |
B 1242 Stagecoach Trail Loop Sold 3 bd · 3 ba · 1,368 sqft · $517 · 0.8 mi | $707,500 | 3 | 3 | 1,368 | $517 | 0.8 mi |
C 2750 Sparta Rd Unit 2 Sold 2 bd · 3 ba · 1,062 sqft · $536 · 0.2 mi | $569,000 | 2 | 3 | 1,062 | $536 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005, this 19-year-old property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready with functional updates including stainless steel appliances and a tile backsplash in the kitchen. While the countertops appear to be original builder-grade tile, the addition of solar panels is a significant system upgrade, and the overall aesthetic is clean and modern enough for immediate occupancy.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Eastlake Elementary School (9/10). High School: Eastlake High School (9/10).
- Solar Energy System
The inclusion of solar panels provides significant long-term value by reducing monthly utility costs and increasing the home's energy efficiency.
- Versatile Floor Plan
The tri-level layout features a first-floor bonus room and dual master suites, offering excellent flexibility for a home office, guest space, or roommate situation.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $442 is relatively high for a two-bedroom townhome, which may impact the overall affordability for budget-conscious first-time buyers.
- Multi-Level Living
The tri-level configuration requires frequent use of stairs to access living areas and bedrooms, which may be a drawback for buyers seeking single-level accessibility.
About 2724 Slippery Elm
Great tri-level townhome in quiet & desirable complex. Two bedroom property with lots of natural light. Bonus room on the first floor perfect for an office, den, kids playroom or additional bedroom. 2nd floor open living area with balcony perfect for barbecues and entertaining. Kitchen boasts huge center island, lots of counter space and storage. 3rd floor 2 master suites each with own bathroom. 2-car attached garage and SOLAR!! Community pool and spa with a beautiful view. Close to shopping, restaurants, schools and parks. Perfect starter home. Don't miss this incredible opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 95,571 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $442.0 / Month
Neighborhood Insights
Chula Vista Unified Schools
Camarena (Enrique S.) Elementary
Grades K-6 • 1.0 mi
8/10
Olympic View Elementary School
Grades K-6 • 1.4 mi
8/10
Salt Creek Elementary School
Grades K-6 • 1.4 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,332 | 1,235.534 |
| Lot Size | 95,571 | 59,391.943 |
| Price | $575.0K | $614.7K |
| Price per sq ft | $432 | $477 |
| Built year | 2005 | 2000 |
| HOA | $442.0 | $338 |
| Days on market | 16 | 56 |
Pricing History
Listed for Sale
Oct 9, 2026
$575,000
Initial Listing
Sold
Aug 21, 2020
$425,000
Public Record
Sold
Nov 2, 2017
$365,000
Public Record
Sold
Jun 22, 2015
$305,000
Public Record
Sold
Oct 31, 2012
$220,000
Public Record
Sold
Feb 20, 2009
$190,000
Public Record