NOT LISTED FOR SALE

Estimated Value: $1,887,000 - $2,162,000

5 Beds
4.5 Baths
3,378 Sq Ft
$601/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $2,125,000 $629 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $11,658/month

35 Days on Market

Highlights

  • Art Studio
  • Fishing
  • Open Floorplan
  • San Pasqual High School Rated A-
  • Updated Kitchen
  • Community Lake

About This Home

As of September 2024

Elegant Modern Spanish Estate... Discover luxurious living in this expansive single-story home located in the prestigious Rancho Verde Estates in Escondido. This fully renovated property, spread over a generous 25,000 square-foot lot, features four large bedrooms and four bathrooms, each designed with comfort and style in mind. Step through the grand entrance and be greeted by a spacious open floor plan that integrates living, dining, and kitchen areas into a seamless flow, perfect for modern lifestyles. The kitchen is a culinary dream, boasting all new chef grade appliances, chic fixtures, and finishes that blend beautifully with the home’s modern Spanish aesthetic. The master and secondary bathrooms have been thoughtfully transformed into modern retreats. The main living area includes a large, sleek wet bar—ideal for entertaining or unwinding in style. Each space is thoughtfully designed to enhance the serene feel of the home. In addition to the main living spaces, this property offers two beautifully renovated accessory dwelling units, providing flexibility for guest accommodation, home offices, or rental opportunities. Freshly landscaped, the yard provides ample space for relaxation and outdoor activities, with plenty of room to add a pool or expanded garden. Additionally, the property includes a 60-foot long RV parking area, adding significant value for those with recreational vehicles or for those in need of extra storage space. Nestled in a serene and tranquil neighborhood, this home offers peace and privacy while maintaining convenient access to Interstate 15, Lake Hodges, and the beach communities via Del Dios Highway. This home not only reflects a refined modern Spanish design but also incorporates all the conveniences of upscale living. It’s a perfect sanctuary for those seeking a blend of elegance, privacy, and comfort, with easy access to the best of Southern California.

Last Agent to Sell the Property

Mitch Smith

eXp Realty of Southern CA Brokerage Email: mitch@URBNproperties.com License #01929243 Listed on: 07/10/2024

eXp Realty of Southern CA

Last Buyer's Agent

Arianna Schwarz

Real Broker License #01769300

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,163

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.59 Acre Lot
  • Cul-De-Sac
  • Drip System Landscaping
  • Level Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back Yard
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 3 Car Attached Garage
  • 5 Open Parking Spaces

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey
  • Stucco

Interior Spaces

  • 3,378 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Double Door Entry
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den
  • Art Studio
  • Home Gym
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Maid or Guest Quarters

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • No Heating
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 11654
  • Assessor Parcel Number 2385001900
  • $146 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Foothills
  • Mountainous Community

Recreation

  • Fishing
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,163

Year Built

Built in 1988 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2385001900
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3378.00 Square Feet
  • Interior Amenities: Bar, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Gas Starter, Great Room, Living Room, See Through
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 629.07
  • Room Type: All Bedrooms Down, Art Studio, Den, Exercise Room, Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Kitchen Island, Remodeled Kitchen, Self-Closing Cabinet Doors

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater
  • Electric: Standard
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Mountainous, Sidewalks, Storm Drains, Street Lights, Biking, Fishing, Lake

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Level with Street, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 25700.00
  • Lot Size Acres: 0.5900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25700.0000 Square Feet

Tax Info

  • Tax Tract Number: 011654
  • TaxOtherAnnualAssessmentAmount: 145.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 28, 2024
Sold by
Invest With Iconic Llc
Bought by
Riggins Clarissa
Seller's Agent
Mitch Smith
eXp Realty of Southern CA
Buyer's Agent
Arianna Schwarz
Real Broker
List Price
$1,999,995
Sold Price
$2,125,000
Premium/Discount to List
$125,005
6.25%
Views
47
Current Estimated Value
$2,029,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,417
Avg. Annual Appreciation
-4.24%
Original Mortgage
$1,700,000
Outstanding Balance
$1,680,079
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$349,504

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 22, 2024
Sold by
Riggins David C
Bought by
Riggins Clarissa
Seller's Agent
Mitch Smith
eXp Realty of Southern CA
Buyer's Agent
Arianna Schwarz
Real Broker
List Price
$1,999,995
Sold Price
$2,125,000
Premium/Discount to List
$125,005
6.25%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,680,079
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$349,504

Purchase Details

Closed on
Feb 9, 2024
Sold by
Socal Metro Holding Llc
Bought by
Invest With Iconic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,304,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2024
Sold by
Weeden Living Trust
Bought by
Socal Metro Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,304,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2022
Sold by
Weeden and Genevieve
Bought by
Weeden Living Trust

Purchase Details

Closed on
Apr 17, 2019
Sold by
R & J Trust
Bought by
Weeden Ryan and Weeden Genevieve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 1, 2018
Sold by
Glade Place Llc
Bought by
Leuthold Richard R and Leuthold Janet S

Purchase Details

Closed on
Nov 14, 2016
Sold by
Hoffman William I
Bought by
Glade Place Llc

Purchase Details

Closed on
Apr 8, 2016
Sold by
Hoffman William Lewis
Bought by
William Lewis Hoffman Revocable Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2016
Sold by
Hoffman William L
Bought by
The Catherine E Hoffman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2014
Sold by
Hoffman William Lewis
Bought by
William Lewis Hoffman Revocable Living T

Purchase Details

Closed on
Jan 29, 1988
Bought by
Hoffman William L Mitchell Pamela A
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
Riggins Clarissa $2,125,000 Chicago Title
Riggins Clarissa -- Chicago Title
Invest With Iconic Llc $1,355,000 Chicago Title
Socal Metro Holding Llc $1,300,000 Chicago Title
Weeden Living Trust -- Powell William Daniel
Weeden Ryan $890,000 Chicago Title Company
Leuthold Richard R -- None Available
Glade Place Llc $121,000 None Available
William Lewis Hoffman Revocable Living T -- None Available
Hoffman William Lewis -- None Available
The Catherine E Hoffman Trust $2,605,332 None Available
The Catherine E Hoffman Trust -- None Available
William Lewis Hoffman Revocable Living T -- None Available
Hoffman William L Mitchell Pamela A $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggins Clarissa $1,700,000
Previous Owner Invest With Iconic Llc $1,304,000
Previous Owner Weeden Ryan $712,000
Previous Owner The Catherine E Hoffman Trust $995,000
Previous Owner The Catherine E Hoffman Trust $995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $2,125,000 +6.3% $629 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $1,999,995 0.0% $592 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,999,995 +100.0% $592 / Sq Ft
07/31/2016 07/31/16 Sold $999,945 0.0% $293 / Sq Ft View Prior Sale
06/01/2016 06/01/16 Pending -- -- --
08/28/2014 08/28/14 For Sale $999,945 -- $293 / 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 $11,163 $2,125,000 $1,400,000 $725,000
2024 $11,163 $973,341 $492,139 $481,202
2023 $10,907 $954,257 $482,490 $471,767
2022 $10,783 $935,547 $473,030 $462,517
2021 $10,600 $917,204 $463,755 $453,449
2020 $10,538 $907,800 $459,000 $448,800
2019 $10,364 $890,000 $450,000 $440,000
2018 $10,805 $936,360 $468,180 $468,180
2017 $10,629 $918,000 $459,000 $459,000
2016 $6,078 $527,285 $66,058 $461,227
2015 $6,026 $519,365 $65,066 $454,299
2014 $5,776 $509,192 $63,792 $445,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2405951

California Regional Multiple Listing Service (CRMLS)

APN: 238-500-19