NOT LISTED FOR SALE

1251 Palomar Terrace Escondido, CA 92027

Midway Neighborhood

Estimated Value: $596,000 - $722,070

2 Beds
1 Bath
974 Sq Ft
$670/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $490,000 $503 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,005/month

52 Days on Market

Highlights

  • City Lights View
  • Covered Patio or Porch
  • Bathtub with Shower
  • Wood Flooring
  • 2 Car Detached Garage
  • Awning

About This Home

As of July 2021

Great opportunity to make this your own. Endless possibilities await to either renovate this quaint 2 bed/1 bath home or to add on. Home sits on a huge lot with potential space to build an ADU. Room for RV parking and more. Situated on a quiet street with easy access to freeways, shopping, restaurants, and more. Don't miss this one. It won't last!

Last Agent to Sell the Property

Jackson Campbell

Keller Williams Realty License #01144967 Listed on: 04/26/2021

Keller Williams Realty

Last Buyer's Agent

J.R. St Julien

eXp Realty of California, Inc. License #02016233

eXp Realty of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,540

Year Built

  • Built in 1953

Lot Details

  • Gated Home
  • Wood Fence
  • Chain Link Fence
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • RV Potential

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Fixer Upper
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Awning
  • Living Room with Fireplace
  • Stove

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Natural Gas Connected
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 230-370-22-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,540

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Ranch
  • Residential Styles: Detached
  • Property Condition: Fixer
  • Market Area: North County
  • Cross Street: N Ash Street
  • Neighborhood: Escondido
  • LP / Sq Ft: 431.21
  • Price Per Sq Ft: 503.08
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 503.08
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1953
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Bathtub, Shower, Shower In Tub
  • Flooring: Linoleum/Vinyl, Wood
  • Equipment Available: Refrigerator, Gas Stove
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Kitchen, Living Room, All Bedrooms Down
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x12
  • Full Bathrooms: 1
  • Laundry Location: Kitchen
  • Estimated Sq Ft: 974
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate, Chain Link, Wood
  • Patio: Awning/Porch Covered, Brick, Covered, Porch - Rear
  • Roof: Asphalt, Shingle
  • View: Evening Lights, Neighborhood, City Lights

Garage/Parking

  • Parking for RV: Potential Space
  • Garage Details: Detached, Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Driveway - Concrete, Street
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EAST ESCONDIDO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 230-370-22-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Jun 23, 2021
Sold by
Sulla Larry J and Sulla Laura J
Bought by
Nelson Linda Marie and The Linda Marie Nelson Revocab
Seller's Agent
Jackson Campbell
Keller Williams Realty
Buyer's Agent
J.R. St Julien
eXp Realty of California, Inc.
List Price
$420,000
Sold Price
$490,000
Premium/Discount to List
$70,000
16.67%
Current Estimated Value
$652,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,768
Avg. Annual Appreciation
7.59%
Original Mortgage
$446,500
Outstanding Balance
$406,882
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$259,877

Purchase Details

Closed on
Apr 23, 2004
Sold by
Sulla Larry J and Sulla Laura J
Bought by
Sulla Larry J and Sulla Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1999
Sold by
Parsons Elizabeth V Trust 09-26-94 and Buzzelli Marlene
Bought by
Sulla Larry J and Sulla Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,709
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 1994
Sold by
Parsons Elizabeth V
Bought by
Parsons Elizabeth
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
Nelson Linda Marie $490,000 Ticor Title Company
Sulla Larry J -- Chicago Title Co
Sulla Larry J $137,500 Chicago Title Co
Parsons Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Linda Marie $446,500
Previous Owner Sulla Larry J $155,000
Previous Owner Sulla Larry J $135,709
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $490,000 +16.7% $503 / Sq Ft
04/29/2021 04/29/21 For Sale $420,000 -- $431 / 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 $6,540 $582,413 $210,045 $372,368
2024 $6,540 $570,994 $205,927 $365,067
2023 $5,824 $509,799 $201,890 $307,909
2022 $5,650 $490,000 $197,932 $292,068
2021 $2,198 $195,216 $78,856 $116,360
2020 $2,184 $193,215 $78,048 $115,167
2019 $2,130 $189,427 $76,518 $112,909
2018 $2,070 $185,714 $75,018 $110,696
2017 $2,035 $182,074 $73,548 $108,526
2016 $1,994 $178,505 $72,106 $106,399
2015 $1,976 $175,824 $71,023 $104,801
2014 $1,894 $172,381 $69,632 $102,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210010947

San Diego MLS

APN: 230-370-22