NOT LISTED FOR SALE

1116 San Pasqual Valley Rd Escondido, CA 92027

Midway Neighborhood

Estimated Value: $871,000 - $1,066,000

4 Beds
3 Baths
1,920 Sq Ft
$500/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $877,000 $457 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,578/month

5 Days on Market

Highlights

  • RV Access or Parking
  • 0.57 Acre Lot
  • Maid or Guest Quarters
  • Panoramic View
  • Multi-Level Bedroom
  • Main Floor Bedroom

About This Home

As of February 2024

A lovely colonial style home on over a 1/2 acre in beautiful San Pasqual Valley. The home has the unusual advantage of having the ability to be a lovely single family home, with 4 bedrooms, 2 on the entry level, 2 upstairs, plus a full bathroom on the entry level, plus kitchenette and a family room, even has its own entry and can be closed off from the rest of the home.....makes this ideal for an in- law suite, someone who wants to be close but independent. Or provide additional income. Then again, perfect for a recreation room, gym, home office, or guests. Alternatively a move in ready 4 bedroom, 3 full bathroom home, with a galley kitchen upstairs, new counter tops, faucets, new oven and stainless steel sink, stunning new wood floors throughout most of the home, new baseboards, freshly painted, new vanities in 2 bathrooms, new closet doors upstairs with poles and shelves. The home has ample parking for multiple large vehicles, RV space, plus multiple cars, an oversized 2 car garage is the perfect space for a workshop, laundry hooks ups in the garage. A deck off the entrance is the ideal place to enjoy your morning coffee, and the deck upstairs, your afternoon tea. The rear yard is a blank canvass ready for you to create your green oasis, steps off the rear lead to the kitchen upstairs. The front yard is spacious and untouched, room for an ADU, plus maybe a terraced rose garden, play structure, both yards could easily accommodate a pool. Currently a flat pad at the entry provides multiple RV parking, yet the size of the lot offers the buyer ample choices going forward. And lets not forget no HOA or Mello Roos, WOW! Easy access to I-15 and 78, close to stores, restaurants, schools, this home has it all.

Last Agent to Sell the Property

Debbie Lawes

Palisade Realty Inc. License #01455553 Listed on: 01/31/2024

Palisade Realty Inc.

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,662

Year Built

  • Built in 2001

Lot Details

  • 0.57 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • 8 Open Parking Spaces
  • Oversized Parking
  • Parking Available
  • Driveway
  • RV Access or Parking

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills
  • Valley
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room with Fireplace
  • Galley Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Multi-Level Bedroom
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Tract Number 74019
  • Assessor Parcel Number 2342103400

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,662

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2342103400
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1920.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 456.77
  • Room Type: Entry, Family Room, Galley Kitchen, Guest/Maid's Quarters, Kitchen, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Multi-Level Bedroom

Exterior Features

  • View: Canyon, City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods, Valley
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Asphalt, Oversized, RV Access/Parking, RV Potential
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 24829.20
  • Lot Size Acres: 0.5700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.5700 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 74019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Feb 7, 2024
Sold by
Shea Dillon J
Bought by
Hamilton Jake and Hamilton Valerie
Seller's Agent
Debbie Lawes
Palisade Realty Inc.
Buyer's Agent
Twana Rasoul
Compass
List Price
$849,999
Sold Price
$877,000
Premium/Discount to List
$27,001
3.18%
Views
95
Current Estimated Value
$959,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,632
Avg. Annual Appreciation
5.44%
Original Mortgage
$745,450
Outstanding Balance
$732,301
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$227,331

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 3, 2020
Sold by
Morelli Robert
Bought by
Shea Dillon J
Seller's Agent
Carly Dorendorf
eXp Realty of California, Inc.
Buyer's Agent
Corinne Casillas
Bailey Properties
List Price
$529,000
Sold Price
$550,000
Premium/Discount to List
$21,000
3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$522,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Morelli Emil and Morelli Emil Salvatore
Bought by
Morelli Emil and Morelli Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2001
Sold by
Morelli Emil
Bought by
Morelli Emil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Va
Bought by
Morelli Emil S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1999
Sold by
Lang Joseph and Lang Kim
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1999
Sold by
Morelli Nora V
Bought by
Morelli Emil Salvatore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1999
Sold by
Zook Development
Bought by
Lang Joseph and Lang Kim

Purchase Details

Closed on
Apr 2, 1998
Sold by
Kelley Kenneth E and Kelley Lillian C
Bought by
Zook Development

Purchase Details

Closed on
Sep 5, 1996
Sold by
The City Of Escondido
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hamilton Jake $877,000 Ticor Title
Shea Dillon J -- Ticor Title Company
Shea Dillon J $550,000 Guardian Title Company
Morelli Emil -- Commonwealth Land Title Co
Morelli Emil -- Commonwealth Land Title Co
Morelli Emil S -- Commonwealth Land Title Co
Va $56,500 First American Title
Morelli Emil Salvatore -- Commonwealth Land Title Co
Lang Joseph $45,000 First American Title
Zook Development $25,000 First American Title
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Jake $745,450
Previous Owner Shea Dillon J $522,500
Previous Owner Morelli Emil $200,000
Previous Owner Morelli Emil $200,000
Previous Owner Morelli Emil S $200,000
Previous Owner Morelli Emil Salvatore $200,000
Closed Morelli Emil $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2024 02/15/24 Sold $877,000 +3.2% $457 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $849,999 +54.5% $443 / Sq Ft
12/22/2020 12/22/20 Sold $550,000 +4.0% $286 / Sq Ft View Prior Sale
11/25/2020 11/25/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $529,000 -- $276 / 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 $6,662 $894,540 $586,500 $308,040
2024 $6,662 $583,662 $215,083 $368,579
2023 $6,505 $572,218 $210,866 $361,352
2022 $6,426 $560,999 $206,732 $354,267
2021 $6,318 $550,000 $202,679 $347,321
2020 $3,375 $288,760 $106,410 $182,350
2019 $3,275 $505,000 $295,000 $210,000
2018 $3,121 $277,549 $102,279 $175,270
2017 $740 $272,108 $100,274 $171,834
2016 $3,002 $266,773 $98,308 $168,465
2015 $2,973 $262,767 $96,832 $165,935
2014 $2,837 $257,621 $94,936 $162,685
Source: Public Records

Agents Affiliated with this Home

  • Debbie Lawes

    Seller's Agent in 2024

    Debbie Lawes

    Palisade Realty Inc.

    (760) 214-4947

    2 in this area

    49 Total Sales

    Debbie Lawes
    Section Image
  • Twana Rasoul

    Buyer's Agent in 2024

    Twana Rasoul

    Compass

    (619) 792-8295

    1 in this area

    192 Total Sales

    Twana Rasoul
    Section Image
  • Carly Dorendorf

    Seller's Agent in 2020

    Carly Dorendorf

    eXp Realty of California, Inc.

    (619) 277-2883

    1 in this area

    77 Total Sales

    Carly Dorendorf
    Section Image

  • C

    Buyer's Agent in 2020

    Corinne Casillas

    Bailey Properties

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2400852

California Regional Multiple Listing Service (CRMLS)

APN: 234-210-34

California San Diego County Escondido 92027 Midway

1116 San Pasqual Valley Rd, Escondido, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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