NOT LISTED FOR SALE

1158 Hubbard Ave Escondido, CA 92027

Midway Neighborhood

Estimated Value: $949,000 - $1,002,000

4 Beds
4 Baths
1,760 Sq Ft
$558/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $940,000 $534 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,060/month

7 Days on Market

Highlights

  • 2.93 Acre Lot
  • No HOA
  • Mountainous Community
  • Mountain View
  • Laundry Room
  • Family Room

About This Home

As of April 2023

Hilltop family compound with 2.93 acres. City says splittable into 20,000 sq ft estate lots. House is a true family compound, with separate and private quarters with spectacular views over the city and back country. Room for all your toys. Beamed cielings, 2 stone fireplaces Oak floors and kitchen cabinets. Large patio that is covered and perfect for grilling and chilling. Oversized 2 car garage. Terraced gardens and mature landscape. Fruit trees and room for acres of gardens. Grow grapes?exotic fruit? Nuts? Great soil and there is potential for a well to serve agriculture needs. Cost around $45,000 to have unlimited water. Could split into 4 additional lots behind the big house.Maybe even create another lot next to the big house. House has tenants who would like to remain. Could use paint and carpet and the usual personalized touches, but in good shape. Present owner is a trust that never occupied the property. Potential galore to aquire and carve off the lots as needed. Sewer and water right there. 6 acre ranch next door owned by same trust and would consider sale That would be around 9 acres total. Could be 12-15 lot deal. Seller may consider a trade. Let’s discuss. Easy to show with appointment.

Last Agent to Sell the Property

Dave Henderson

Nuevo-Real Estate License #00912503 Listed on: 03/21/2023

Last Buyer's Agent

Meliton Sanchez

Meliton Sanchez License #01331099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,011

Year Built

  • Built in 1974

Lot Details

  • 2.93 Acre Lot

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Split Level Home
  • Entry on the 2nd floor

Interior Spaces

  • 1,760 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Utilities

  • No Heating
  • Conventional Septic

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 4
  • Assessor Parcel Number 2271013800

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,011

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Rancho Rincon Del Diablo
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2271013800
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1760.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 534.09
  • Room Type: Family Room

Exterior Features

  • View: Mountain(s)
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 127631.00
  • Lot Size Acres: 2.9300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 127631.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 04-187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 24, 2023
Sold by
Gushing Deep Well & Increase Llc
Bought by
Sanchez Meliton and Sanchez Meliton
Seller's Agent
Dave Henderson
Nuevo-Real Estate
Buyer's Agent
Meliton Sanchez
Meliton Sanchez
List Price
$1,175,000
Sold Price
$940,000
Premium/Discount to List
-$235,000
-20%
Views
27
Current Estimated Value
$982,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,399
Avg. Annual Appreciation
1.78%
Original Mortgage
$790,500
Outstanding Balance
$768,530
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$213,869

Purchase Details

Closed on
Dec 12, 2019
Sold by
U S Financial Lp
Bought by
Gushing Deep Well & Increase Llc

Purchase Details

Closed on
May 6, 2019
Sold by
Wettstein Brad R
Bought by
1158 Hubbard Ave Trust

Purchase Details

Closed on
Apr 14, 2017
Sold by
Scherer Brenda
Bought by
Wettstein Brad R and Wettstein Brock

Purchase Details

Closed on
Jul 11, 2006
Sold by
Wettstein Brad R
Bought by
Wettstein Brad R and Wettstein Brock

Purchase Details

Closed on
Jan 23, 2006
Sold by
Wettstein Kathryn Yvonne
Bought by
Wettstein Brad R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2004
Sold by
Wettstein Brad R and Wettstein Brock R
Bought by
Wettstein Brad R

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
5.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2003
Sold by
Wettstein Brad R
Bought by
Wettstein Brad R and Wettstein Brock R

Purchase Details

Closed on
Jan 31, 2003
Sold by
Wettstein Brad R and Wettstein Brock R
Bought by
Wettstein Brad R

Purchase Details

Closed on
May 19, 1999
Sold by
Wettstein Judy E
Bought by
Wettstein Brad R and Wettstein Brock R

Purchase Details

Closed on
Aug 17, 1990
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
Sanchez Meliton $940,000 First American Title
Gushing Deep Well & Increase Llc $670,000 Corinthian Title Company Inc
1158 Hubbard Ave Trust $398,000 None Available
Wettstein Brad R -- None Available
Wettstein Brad R -- None Available
Scherer Brenda -- None Available
Wettstein Brock -- None Available
Wettstein Brad R -- Chicago Title Co
Wettstein Brad R -- Chicago Title Co
Wettstein Brad R -- American Title Co
Wettstein Brad R -- American Title Co
Wettstein Brad R -- American Title Co
Scherer Brenda R -- American Title Co
Wettstein Brock R -- American Title Co
Wettstein Brad R -- --
-- $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Meliton $790,500
Previous Owner Wettstein Brad R $298,000
Previous Owner Wettstein Brad R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $940,000 -5.9% $534 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/27/2023 03/27/23 Price Changed $999,000 -15.0% $568 / Sq Ft
03/21/2023 03/21/23 For Sale $1,175,000 -- $668 / 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 $11,011 $977,974 $583,865 $394,109
2024 $11,011 $958,799 $572,417 $386,382
2023 $8,076 $704,287 $420,470 $283,817
2022 $7,990 $690,478 $412,226 $278,252
2021 $7,862 $676,941 $404,144 $272,797
2020 $7,816 $670,000 $400,000 $270,000
2019 $5,300 $461,371 $250,924 $210,447
2018 $5,153 $452,325 $246,004 $206,321
2017 $42 $443,457 $241,181 $202,276
2016 $4,971 $434,762 $236,452 $198,310
2015 $4,929 $428,233 $232,901 $195,332
2014 $4,725 $419,845 $228,339 $191,506
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dave Henderson

    Nuevo-Real Estate

    Section Image

  • M

    Buyer's Agent in 2023

    Meliton Sanchez

    Meliton Sanchez

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2302046

California Regional Multiple Listing Service (CRMLS)

APN: 227-101-38

California San Diego County Escondido 92027 Midway

1158 Hubbard Ave, Escondido, CA

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