NOT LISTED FOR SALE

1331 Palomar Terrace Escondido, CA 92027

Midway Neighborhood

Estimated Value: $848,000 - $967,000

5 Beds
3 Baths
2,210 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 24, 2017

Last sale price $476,000 $215 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,371/month

10 Days on Market

Highlights

  • Gated Parking
  • Bonus Room
  • Formal Dining Room
  • Main Floor Primary Bedroom
  • Great Room
  • Laundry Room

About This Home

As of July 2017

Beautiful family home sits on a 10,400 sq. ft lot situated on a quiet cul-de sac in East Escondido. Large floor plan ready to accommodate multi-generational or growing families with plenty of private space. Drought tolerant landscaping and lush citrus trees throughout the yard. Newer roof and new plumbing inside, permitted addition, ample parking equipped to fit an RV. Neighborhoods: Escondido Other Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL

Last Agent to Sell the Property

Lavon Moreno

Big Block Realty, Inc. License #01994908 Listed on: 06/04/2017

Last Buyer's Agent

Melanie Fergason

CENTURY 21 Masters License #01771564

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,084

Year Built

  • Built in 1969

Lot Details

  • 10,411

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway
  • Gated Parking

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,210 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2303701700

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,084

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Escondido
  • Zoning: R-1
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2303701700
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2210.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 215.38
  • Room Type: Main Floor Bedroom, Bonus Room, Family Room, Great Room, Main Floor Master Bedroom, Laundry, Separate Family Room

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Gated, Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2017
Closed on
Jul 22, 2017
Sold by
Fitch Rafael V and Fitch Soledad
Bought by
Reyes Julio and Reyes Zaira
Seller's Agent
Lavon Moreno
Big Block Realty, Inc.
Buyer's Agent
Melanie Fergason
CENTURY 21 Masters
List Price
$465,000
Sold Price
$476,000
Premium/Discount to List
$11,000
2.37%
Current Estimated Value
$917,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,492
Avg. Annual Appreciation
8.34%
Original Mortgage
$467,378
Outstanding Balance
$389,979
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$527,513

Purchase Details

Closed on
Jun 10, 2004
Sold by
Fitch Rafael V and Fitch Soledad
Bought by
Fitch Rafael and Fitch Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2003
Sold by
Fitch Rafael V and Fitch Soledad
Bought by
Fitch Rafael and Fitch Soledad

Purchase Details

Closed on
Apr 8, 2003
Sold by
Fitch Rafael F and Fitch Soledad
Bought by
Fitch Rafael and Fitch Soledad

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
5.54%

Purchase Details

Closed on
May 15, 1998
Sold by
Trust Leclerc Roland A & Vivette L Revoca and Leclarc Roland A
Bought by
Fitch Rafael F and Fitch Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,792
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 1993
Sold by
Leclerc Roland A and Leclerc Vivette L
Bought by
Leclerc Roland A and Leclerc Vivette L

Purchase Details

Closed on
Jan 24, 1992

Purchase Details

Closed on
Mar 28, 1986
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
Reyes Julio $476,000 Orange Coast Title Company
Fitch Rafael -- Stewart Title Of Ca Inc
Fitch Rafael -- --
Fitch Rafael -- American Title Co
Fitch Rafael F $172,000 Fidelity National Title
Leclerc Roland A -- --
-- $163,500 --
-- $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Julio $467,378
Previous Owner Fitch Rafael $210,000
Previous Owner Fitch Rafael $155,000
Previous Owner Fitch Rafael F $167,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $476,000 +2.4% $215 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $465,000 -- $210 / 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 $6,084 $541,601 $284,454 $257,147
2024 $6,084 $530,982 $278,877 $252,105
2023 $5,947 $520,571 $273,409 $247,162
2022 $5,884 $510,365 $268,049 $242,316
2021 $5,789 $500,359 $262,794 $237,565
2020 $5,755 $495,230 $260,100 $235,130
2019 $5,616 $485,520 $255,000 $230,520
2018 $5,461 $476,000 $250,000 $226,000
2017 $42 $284,986 $82,432 $202,554
2016 $3,150 $279,399 $80,816 $198,583
2015 $3,122 $275,204 $79,603 $195,601
2014 $2,992 $269,814 $78,044 $191,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170029618

California Regional Multiple Listing Service (CRMLS)

APN: 230-370-17