$718,000
PENDING $12K PRICE DROP

1220 Palomar Terrace Escondido, CA 92027

Midway Neighborhood

Estimated payment $4,558/month

Total Views 3,722
2 Beds
1 Bath
931 Sq Ft
$771 Price per Sq Ft

Highlights

  • Art Studio
  • Maid or Guest Quarters
  • No HOA
  • Bluff View
  • Retreat
  • Living Room

About This Home

Nestled in the serene Rancho Palomar neighborhood of East Escondido, this charming single-story sits on a generous .23-acre lot, offering privacy and endless potential. Surrounded by lush, vibrant foliage reminiscent of a colorful English garden, the property features a butterfly habitat and fruit-producing fig trees, perfect for landscaping enthusiasts. This unique home boasts timeless character with original oak wood plank flooring, a vintage fireplace in the living room, and stunning beams of natural light. Modern comforts include vinyl shutters, a gas cooktop, a water filtration system, and elegant crown molding. The newly painted sunroom is ideal for relaxation, yoga, or entertaining friends. The expansive lot offers ample space and versatility, including a new driveway, on-property storage, and a studio in the back—perfect as a separate office or art studio. A Jr. ADU with a bathroom and connections for water which provides the opportunity to add a kitchen, making it ideal for an income-generating rental or multigenerational living. With plenty of parking and storage space, this gem is a rare find for those seeking a blend of charm, functionality, and investment potential. Discover the endless possibilities of Tranquil Cottage—your private oasis awaits!

Listing Agent

Ana Paula Alessi

eHomes Brokerage Email: ana.alessi@ehomesteam.com License #02011763 Listed on: 07/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,752

Year Built

  • Built in 1951

Lot Details

  • 10,200 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 931 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Art Studio
  • Bluff Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Maid or Guest Quarters
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 4234
  • Assessor Parcel Number 2303700200

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,752

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2303700200
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 931.00
  • Stories: 1
  • Entry Location: Froont Door
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Gas
  • Levels: One
  • Price Per Square Foot: 771.21
  • Room Type: Art Studio, Guest/Maid's Quarters, Kitchen, Living Room, Main Floor Bedroom, Primary Bedroom, Retreat

Exterior Features

  • View: Bluff
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Escondido Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped
  • Lot Size: 10,200
  • Lot Size Sq Ft: 10200.00
  • Lot Size Acres: 0.2342

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10200.0000 Square Feet

Tax Info

  • Tax Tract Number: 04234

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,752 $690,928 $434,092 $256,836
2024 $7,752 $677,381 $425,581 $251,800
2023 $4,971 $426,122 $267,722 $158,400
2022 $4,918 $426,122 $267,722 $158,400
2021 $4,839 $417,768 $262,473 $155,295
2020 $4,810 $413,485 $259,782 $153,703
2019 $4,694 $405,379 $254,689 $150,690
2018 $4,565 $397,432 $249,696 $147,736
2017 $4,491 $389,640 $244,800 $144,840
2016 $4,405 $382,000 $240,000 $142,000
2015 $2,054 $182,602 $85,110 $97,492
2014 $1,969 $179,026 $83,443 $95,583
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2025 08/23/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $718,000 -1.6% $771 / Sq Ft
07/11/2025 07/11/25 For Sale $730,000 +9.9% $784 / Sq Ft
03/28/2023 03/28/23 Sold $664,100 +2.3% $713 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $649,000 +69.9% $697 / Sq Ft
10/28/2015 10/28/15 Sold $382,000 0.0% $407 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $382,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $664,500 Equity Title
Grant Deed $382,000 Ticor Title San Diego
Grant Deed $140,000 Chicago Title
Grant Deed -- Commonwealth Land Title Co
Deed $150,000 --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $531,280 New Conventional
Previous Owner $305,600 New Conventional
Previous Owner $190,442 New Conventional
Previous Owner $195,000 Unknown
Previous Owner $165,000 Fannie Mae Freddie Mac
Previous Owner $70,000 Credit Line Revolving
Previous Owner $122,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $15,000 Stand Alone Second
Previous Owner $112,000 No Value Available
Previous Owner $114,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2506835

California Regional Multiple Listing Service (CRMLS)

APN: 230-370-02