NOT LISTED FOR SALE

Estimated Value: $931,963 - $1,029,000

5 Beds
2 Baths
2,106 Sq Ft
$460/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $850,000 $404 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,859/month

6 Days on Market

About This Home

As of February 2023

This stylish, midcentury-modern duplex located in the historic district of Escondido is a great opportunity for both investors and owner-occupant alike. The two bedroom unit has just been completely remodeled and is currently rented out at market rents, providing a steady income stream. It boasts a brand new kitchen with shaker cabinets, stainless-steel appliances, as well as a renovated bathroom. The three bedroom unit (also updated) is ready for you to move in and make it your own, OR you can continue to rent it out for additional income. The units feature wood-look and tile flooring, ample natural light, an open floor plan great views, and a gated parking area. The location of this property is unbeatable, with easy access to local shops, restaurants, and entertainment in the heart of Old Escondido. This property offers the perfect combination of vintage charm and modern updates and must be seen to be fully appreciated. Don't miss out on this rare opportunity to own a piece of Escondido's history.

Last Agent to Sell the Property

J.C. Agajanian

eXp Realty of California, Inc. License #01397607 Listed on: 01/26/2023

eXp Realty of California, Inc.

Co-Listed By

Spencer Smock

eXp Realty of California, Inc. License #02143853

Last Buyer's Agent

Michelle Tran

Professional Realty Services License #01967080

Professional Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 8,230 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Units
  • Net Operating Income $55,140

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 229-492-08-00

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

8,230 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: North County
  • Cross Street: 3rd Ave
  • Neighborhood: Escondido
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: EAST ESCONDIDO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 229-492-08-00
  • Estimated Lot Sq Ft: 8230

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 55140
  • Gross Rent Multiplier Actual: 16.0
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 9, 2023
Sold by
Tarazon Aaron Eduardo
Bought by
Nguyen Truong Hai and Le Tram Phuoc
Seller's Agent
J.C. Agajanian
eXp Realty of California, Inc.
Buyer's Agent
Michelle Tran
Professional Realty Services
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
40
Current Estimated Value
$969,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,241
Avg. Annual Appreciation
4.49%
Original Mortgage
$637,500
Outstanding Balance
$616,092
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$353,149

Purchase Details

Closed on
Dec 14, 2017
Sold by
Viramontes Beatriz
Bought by
Tarazon Aaron Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,226
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 2017
Sold by
Clk Enterprises Llc
Bought by
Tarazon Aaron Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,226
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
May 6, 2015
Sold by
Kelly Charles Lance
Bought by
Clk Enterprises Llc

Purchase Details

Closed on
Sep 27, 2007
Sold by
Us Bank Na
Bought by
Kelly Charles Lance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2007
Sold by
Lopez Pedro
Bought by
Us Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2006
Sold by
Lopez Martha
Bought by
Lopez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 21, 2006
Sold by
Beyeler Walter E and Beyeler Martha
Bought by
Lopez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 14, 1997
Sold by
Beyeler Walter E
Bought by
Beyeler Walter E and Beyeler Martha
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nguyen Truong Hai $850,000 Fidelity National Title
Tarazon Aaron Eduardo -- First American Title Company
Tarazon Aaron Eduardo $665,000 First American Title Company
Clk Enterprises Llc -- Corinthian Title Company Inc
Kelly Charles Lance $364,000 Fidelity National Title Co
Us Bank Na $420,963 Lsi
Lopez Pedro -- Multiple
Lopez Pedro $525,000 Multiple
Beyeler Walter E -- --
Beyeler Walter E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Truong Hai $637,500
Previous Owner Tarazon Aaron Eduardo $641,226
Previous Owner Kelly Charles Lance $291,200
Previous Owner Lopez Pedro $105,000
Previous Owner Lopez Pedro $420,000
Previous Owner Lopez Pedro $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $850,000 -5.5% $404 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $899,000 -- $427 / Sq Ft
Source: San Diego MLS

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 $9,913 $884,338 $418,894 $465,444
2024 $9,913 $866,999 $410,681 $456,318
2023 $8,295 $727,270 $344,494 $382,776
2022 $8,208 $713,011 $337,740 $375,271
2021 $8,075 $699,031 $331,118 $367,913
2020 $8,028 $691,864 $327,723 $364,141
2019 $7,834 $678,299 $321,298 $357,001
2018 $7,617 $665,000 $314,999 $350,001
2017 $42 $393,510 $186,399 $207,111
2016 $4,449 $385,795 $182,745 $203,050
2015 $4,537 $397,815 $240,438 $157,377
2014 -- $350,000 $35,000 $315,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230001312

San Diego MLS

APN: 229-492-08

Your Personal Tour Guide

Ask me questions while you tour the home.