NOT LISTED FOR SALE

Estimated Value: $1,728,233 - $1,930,000

7 Beds
5 Baths
3,878 Sq Ft
$464/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,625,000 $419 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,757/month

50 Days on Market

Highlights

  • Sound Studio
  • Two Primary Bedrooms
  • Recreation Room
  • Solar Power System
  • 15,896 Sq Ft lot
  • Retreat

About This Home

As of July 2022

A one of a kind, new construction treasure w/a studio & ADU on a quiet road in Escondido and has potential to generate over $10k/mo in rental income. This property is perfect for multi household families as it contains a spacious main house, two-bed casita, attached studio, and a two-car garage all on one lot. Entering the front door of the main house, you are welcomed with warm walls of exposed brick, unique lighting fixtures, & an expansive open floor plan. There is a surprising sense of intimacy in such a large space with unexpected accent colors in the kitchen, a massive fireplace & entertainment station, & a bright formal dining all flowing into one cohesive room. Off the formal dining are sliding doors leading to a long balcony with views of the charming neighborhood. See supp remarks Opposite of this and off the kitchen, are the outdoor quarters that cover all the bases- a patch of lush grass, a shaded gazebo, an open and sunny seating area, and a casita. Upon opening the front door of the casita, you are wowed by a modern kitchen, a second floor to ceiling fireplace, beaming skylights, two sizable bedrooms, and a bathroom dressed in eccentric tile and modern fixtures. Reentering the main house, on the left wing, there are three clean lined bedrooms and a bathroom that holds a separate tub and shower. Across on the right wing of the home is the master suite. The master is vast with multiple large-scale closets, and a monochromatic bathroom scheme with yet another stand-alone tub and shower. Remaining on this side of the home, there is a fourth full bathroom and a decked-out laundry room. Adjacent to the front door are the stairs leading you to the homes attached two car garage that has EV charging outlets. On the opposite wall of the garage with its own private entrance, is a fully livable studio. The studio is complete with an oven, microwave, mini fridge, and full-size bathroom. As yet another two bonuses, this property is equipped with a 9.1KW ground-mounted solar panels system and there are no mello-roos! This listing is an absolute novelty with all of its rare amenities and state-of-the-art features. With showings all weekend long, this is definitely a residence you will want to make time for!

Last Agent to Sell the Property

Sonia Azizi

Compass License #01889023 Listed on: 04/26/2022

Compass

Co-Listed By

Melissa Blattler

Compass License #02160299

Last Buyer's Agent

Benjamin Biggs

LPT Realty,Inc License #02016327

LPT Realty,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,926

Year Built

  • Built in 2020

Lot Details

  • 0.36 Acre Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 3,878 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Separate Family Room
  • Living Room
  • Dining Area
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sound Studio
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Retreat
  • Double Master Bedroom
  • 5 Full Bathrooms

Eco-Friendly Details

  • Solar Power System
  • Heating system powered by passive solar

Listing and Financial Details

  • Assessor Parcel Number 224-280-65-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,926

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County
  • Cross Street: Tesla
  • Neighborhood: Escondido
  • Supplement: Opposite of this and off the kitchen, are the outdoor quarters that cover all the bases- a patch of lush grass, a shaded gazebo, an open and sunny seating area, and a casita. Upon opening the front door of the casita, you are wowed by a modern kitchen, a second floor to ceiling fireplace, beaming skylights, two sizable bedrooms, and a bathroom dressed in eccentric tile and modern fixtures. Reentering the main house, on the left wing, there are three clean lined bedrooms and a bathroom that holds a separate tub and shower. Across on the right wing of the home is the master suite. The master is vast with multiple large-scale closets, and a monochromatic bathroom scheme with yet another stand-alone tub and shower. Remaining on this side of the home, there is a fourth full bathroom and a decked-out laundry room. Adjacent to the front door are the stairs leading you to the homes attached two car garage that has EV charging outlets. On the opposite wall of the garage with its own private entrance, is a fully livable studio. The studio is complete with an oven, microwave, mini fridge, and full-size bathroom. As yet another two bonuses, this property is equipped with a 9.1KW ground-mounted solar panels system and there are no mello-roos! This listing is an absolute novelty with all of its rare amenities and state-of-the-art features. With showings all weekend long, this is definitely a residence you will want to make time for!
  • LP / Sq Ft: 425.48
  • Price Per Sq Ft: 419.03
  • SP/ Sq Ft: 419.03
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Solar Panels
  • Searchable Rooms: Bonus Room, Breakfast Area, Den, Dining Area, Family Room, Master Bdrm 2, Master Retreat, Office, Optional Bedrooms, Kitchen, Living Room, Master Bedroom, Recreation, Entry, Laundry, Master Bathroom, Separate Family Room, Sound Studio
  • Total Bedrooms: 7
  • Bedrooms: 7
  • Master Bedroom Dimensions: 15x40
  • Full Bathrooms: 5
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3878
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Passive Solar
  • Heating Fuel: Solar

Condo/Co-op/Association

  • Community: NORTH ESCONDIDO

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 224-280-65-00
  • Estimated Lot Sq Ft: 15896

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Sarmiento Randy and Sarmiento Elaine
Bought by
Sarmiento Family Trust
Current Estimated Value
$1,868,297

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jul 12, 2022
Sold by
Vanny Russel K and Vanny Viravine
Bought by
Sarmiento Randy and Sarmiento Elaine
Seller's Agent
Sonia Azizi
Compass
Buyer's Agent
Benjamin Biggs
LPT Realty,Inc
List Price
$1,695,000
Sold Price
$1,625,000
Premium/Discount to List
-$70,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$605,250
Interest Rate
5.78%
Mortgage Type
VA

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 19, 2020
Sold by
Montemuro Michael P
Bought by
Vanny Russel K and Vanny Viravine
Seller's Agent
Nicole Montemuro
The Montemuro Group, Inc.
Buyer's Agent
Sonia Azizi
Compass
List Price
$1,140,000
Sold Price
$1,055,000
Premium/Discount to List
-$85,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.44%
Original Mortgage
$701,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2019
Sold by
Montemuro Carroll
Bought by
Montemuro Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 4, 2019
Sold by
M & P Developments Inc
Bought by
Montemuro Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
4.3%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 11, 2014
Sold by
Ciuffo Lawrence G and Ciuffo Cynthia L
Bought by
M & P Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.38%
Mortgage Type
Unknown
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
Sarmiento Family Trust -- --
Sarmiento Randy $1,625,000 First American Title
Vanny Russel K $1,055,000 Fidelity National Title Co
Montemuro Michael P -- First American Title
Montemuro Michael P -- First American Title
M & P Developments Inc $90,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarmiento Family Trust $50,000
Previous Owner Sarmiento Randy $605,250
Previous Owner Vanny Russel K $701,500
Previous Owner Montemuro Michael P $630,000
Previous Owner M & P Development Inc $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $1,625,000 -1.5% $419 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/10/2022 06/10/22 Price Changed $1,649,999 -2.7% $425 / Sq Ft
04/26/2022 04/26/22 For Sale $1,695,000 +60.7% $437 / Sq Ft
12/30/2020 12/30/20 Sold $1,055,000 -7.5% $272 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,140,000 -- $294 / 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 $18,926 $1,690,650 $936,360 $754,290
2024 $18,926 $1,657,500 $918,000 $739,500
2023 $16,682 $1,076,100 $357,000 $719,100
2022 $12,387 $1,076,100 $357,000 $719,100
2021 $12,170 $1,055,000 $350,000 $705,000
2020 $997 $84,065 $84,065 $0
2019 $993 $82,417 $82,417 $0
2018 $966 $80,801 $80,801 $0
2017 $950 $79,217 $79,217 $0
2016 $932 $77,664 $77,664 $0
2015 $924 $76,498 $76,498 $0
2014 $145 $9,150 $9,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220009745

San Diego MLS

APN: 224-280-65