NOT LISTED FOR SALE

240 W Lincoln Ave Unit 30 Escondido, CA 92026

Central Escondido Neighborhood

Estimated Value: $411,000 - $523,000

2 Beds
2 Baths
873 Sq Ft
$433/mo HOA Fee

Last Sold August 11, 2022

Last sale price $385,000 $441 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,135/month

15 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Balcony
  • No Units Above
  • Wood Flooring
  • Laundry closet

About This Home

As of August 2022

Charming 2-bed/2-bath upstairs condo inside the gated community of Sun Ridge. Upgraded features include tile floors in kitchen, dining area and bathrooms; brand new carpet in living room & both bedrooms; maplewood-colored cabinetry & slab granite countertops in kitchen and 2 bathrooms; stainless appliances and central HVAC system. This lovely end unit condo is privately tucked away inside the community facing a big grassy area good for pets and kids. Balcony connecting the living room faces the school field instead of any neighbors. Near shopping, school, Freeway CA-78 & I-15 access, Costco & Palomar Hospital. It is a great property for a small family or investor pursuing high rental income.

Last Agent to Sell the Property

Victor Kung

Abacus Properties Inc. License #01290374 Listed on: 07/01/2022

Abacus Properties Inc.

Last Buyer's Agent

Patricia Blair

Coldwell Banker-bay Area Properties License #01270101

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,506

Year Built

  • Built in 1978

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Fire Rated Drywall
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 873 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 2 Parking Spaces
  • Carport
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 229-010-10-30

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, roof maintenance, sewer, trash pickup, water
  • 8 Units
  • Sun Ridge HOA, Phone Number (760) 407-7575
  • Sun Ridge Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,506

Year Built

Built in 1978

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: North County
  • Cross Street: North Escondido Blvd.
  • Neighborhood: Escondido
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 423.83
  • Price Per Sq Ft: 441.01
  • Residential Unit Location: No Unit Above, End Unit, 1 common wall
  • SP/ Sq Ft: 441.01
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Sub Flooring: Wood other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Oven, Gas Range, Counter Top
  • Walls: Drywall
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x10
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 873
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Pool: Below Ground, Community/Common
  • Roof: Composition, Flat
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Non Garage Parking: Assigned, Carport, Uncovered
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Sun Ridge
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 8
  • Total Number of Units: 41
  • Property Management Company: Silverado Management
  • Community: NORTH ESCONDIDO
  • Complex Features: Gated Community, Pool
  • Home Owner Association: Sun Ridge HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 433.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760-407-7575

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1
  • Assessor Parcel Number: 229-010-10-30
  • Map Code Column: H
  • Map Code Page: 1129
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Wei and Songna
Bought by
Vargas Antonio and Vargas Mariela
Current Estimated Value
$441,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,450
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2017
Sold by
Elh Investors-2 Lp
Bought by
Wei Yunfeng and Yang Songna

Purchase Details

Closed on
May 3, 2012
Sold by
Hinojosa Lopez Cirilo
Bought by
Elh Investors 2 Lp

Purchase Details

Closed on
Jun 21, 2007
Sold by
Benancio Cadenas Mayola
Bought by
Hinojosa Lopez Cirilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2007
Sold by
Hammer Lincoln Llc
Bought by
Hinojosa Lopez Cirilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Vargas Antonio $385,000 Fidelity National Title
Wei Yunfeng $210,000 Chicago Title Company
Elh Investors 2 Lp $81,000 Stewart Title Of California
Hinojosa Lopez Cirilo -- First American Title Co
Hinojosa Lopez Cirilo $250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vargas Antonio $373,450
Previous Owner Hinojosa Lopez Cirilo $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2022 08/11/22 Sold $385,000 +4.1% $441 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $370,000 +3.1% $424 / Sq Ft
07/01/2022 07/01/22 For Sale $359,000 -- $411 / 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 $4,506 $400,553 $173,074 $227,479
2024 $4,506 $392,700 $169,681 $223,019
2023 $4,177 $365,000 $157,000 $208,000
2022 $2,663 $229,661 $99,234 $130,427
2021 $2,620 $225,159 $97,289 $127,870
2020 $2,605 $222,851 $96,292 $126,559
2019 $2,542 $218,482 $94,404 $124,078
2018 $2,472 $214,199 $92,553 $121,646
2017 $1,032 $87,660 $37,877 $49,783
2016 $1,012 $85,942 $37,135 $48,807
2015 $1,004 $84,652 $36,578 $48,074
2014 $963 $82,995 $35,862 $47,133
Source: Public Records

Agents Affiliated with this Home

  • Victor Kung

    Seller's Agent in 2022

    Victor Kung

    Abacus Properties Inc.

    (760) 715-8496

    4 in this area

    63 Total Sales

    Victor Kung
    Section Image

  • P

    Buyer's Agent in 2022

    Patricia Blair

    Coldwell Banker-bay Area Properties

  • S

    Buyer's Agent in 2022

    SUZANNE BONNER

    Coldwell Banker Realty

  • Iris Diaz

    Buyer's Agent in 2022

    Iris Diaz

    McLain Properties

    (760) 505-9317

    2 in this area

    18 Total Sales

    Iris Diaz
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220016848

San Diego MLS

APN: 229-010-10-30

California San Diego County Escondido 92026 Central Escondido

240 W Lincoln Ave Unit 30, Escondido, CA

Not Listed for Sale

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