$725,000
SOLD SEP 3, 2025

1338 Palomar Terrace Escondido, CA 92027

Midway Neighborhood
2 Beds
1 Bath
1,084 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$669 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • Granite Countertops
  • Galley Kitchen
  • Views
  • No HOA
  • 2 Car Attached Garage
  • Living Room

About This Home

As of September 2025

Located near the end of a quiet cul-de-sac, this 2 bedroom, 1 bath home sits on just under a 1/4 acre - imagine adding an ADU or a true primary suite. The long driveway easily accommodates an RV. The property features a variety of mature fruit trees—including citrus, sapote, and pomegranate—that add beauty and shade to the spacious backyard. Enjoy indoor-outdoor living with a newer Trex deck off the living room and two covered outdoor spaces ideal for relaxing or entertaining. Updated kitchen with new dishwasher & granite counters. Plenty of storage options with bonus space under the home and shed. This location is convenient to the 15 freeway and major shopping.

Last Agent to Sell the Property

Julie Thomas

Coldwell Banker West License #01926885 Listed on: 07/25/2025

Coldwell Banker West

Co-Listed By

Carrie Bailey

Coldwell Banker West License #01300269

Last Buyer's Agent

Ben Crosby

Compass License #01922125

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1969

Lot Details

  • 10,454 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Interior Spaces

  • 1,084 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room
  • Property Views

Kitchen

  • Galley Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 2814
  • Assessor Parcel Number 2303701100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,999

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2303701100
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1084.00
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 644.83
  • Room Type: Galley Kitchen, Kitchen, Living Room
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Escondido Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10454.40
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.2400 Acres

Tax Info

  • Tax Tract Number: 002814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2011
Sold by
Bacon Carole S
Bought by
Moulton John B and Moulton Carole S

Purchase Details

Closed on
Aug 21, 2002
Sold by
Higgins Daniel L and Higgins Sarah A
Bought by
Bacon Carole S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.17%

Purchase Details

Closed on
Jul 16, 1993

Purchase Details

Closed on
Nov 26, 1986
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed $250,000 Chicago Title Co
Deed $117,000 --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,500 New Conventional
Closed $12,000 Future Advance Clause Open End Mortgage
Closed $214,165 New Conventional
Previous Owner $95,000 Credit Line Revolving
Previous Owner $95,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $288,000 Unknown
Previous Owner $78,000 Credit Line Revolving
Previous Owner $200,000 No Value Available
Previous Owner $124,000 Unknown
Closed $37,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Sold $725,000 +3.7% $669 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
07/25/2025 07/25/25 For Sale $699,000 -- $645 / 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 $3,999 $362,066 $173,791 $188,275
2024 $3,999 $354,968 $170,384 $184,584
2023 $3,907 $348,009 $167,044 $180,965
2022 $3,864 $341,186 $163,769 $177,417
2021 $3,800 $334,497 $160,558 $173,939
2020 $3,777 $331,068 $158,912 $172,156
2019 $3,685 $324,578 $155,797 $168,781
2018 $3,581 $318,215 $152,743 $165,472
2017 $42 $311,977 $149,749 $162,228
2016 $3,453 $305,861 $146,813 $159,048
2015 $3,423 $301,267 $144,608 $156,659
2014 $2,769 $250,000 $119,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505626

California Regional Multiple Listing Service (CRMLS)

APN: 230-370-11