NOT LISTED FOR SALE

510 S Ivy St Escondido, CA 92025

Central Escondido Neighborhood

Estimated Value: $819,000 - $1,036,773

1 Bed
1 Bath
1,645 Sq Ft
$586/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $917,500 $558 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,166/month

19 Days on Market

Highlights

  • Private Pool
  • Property is near a park
  • No HOA
  • No Units Above
  • Private Yard
  • Landscaped

About This Home

As of May 2022

This charming duplex is located in the Historical District in Escondido. Strong Rental income area. Property is located within walking distance to restaurants, transportation, schools, etc. Both units are approx. 820 SF in size with hardwood floors throughout. Each unit is 1 bedroom, 1 bath with a 1 car garage and both have private patios. This property truly has curb appeal and character. New roof in 2020. 100% Occupied, annual current total rents: $41,400.00. Proforma: $45,600.00

Last Agent to Sell the Property

Mia Worley

Luxre Realty Inc License #01421643 Listed on: 04/13/2022

Luxre Realty Inc

Last Buyer's Agent

Frantz Farreau

HomeSmart Realty West License #01990674

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,911

Year Built

  • Built in 1948

Lot Details

  • 7,162 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 233-282-16-00
  • Tax Tract Number 336
  • Assessor Parcel Number 2332821600

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,440
  • Water Sewer Expense $1,440
  • New Taxes Expense $6,400
  • Operating Expense $12,420
  • Gross Income $28,980
  • Net Operating Income $28,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,911

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 3.05
  • Inclusions: Refrigerators, Window AC units, stove/ovens
  • Price Per Unit: 475000
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1440.00
  • Zoning: R-1 Single Family Residential Land ...
  • Property Type: Residential Income
  • Parcel Number: 2332821600
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: No
  • Price Per Square Foot: 557.75

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Lot 6500-9999, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 7162.00
  • Lot Size Acres: 0.1644

Multi Family

  • Gross Income: 28980.00
  • Gross Multiplier: 4.40
  • Gross Scheduled Income: 41400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7162.0000 Square Feet
  • Net Operating Income: 28980.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 3
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 12420.00
  • Rent Control: No
  • Total Actual Rent: 3450.00
  • Total Expenses: 12420.00

Tax Info

  • New Taxes Expense: 6400.00
  • Tax Lot: 233-282-16-00
  • Tax Tract Number: 336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2022
Closed on
May 10, 2022
Sold by
H Salas Trust and Salas Henry A
Bought by
Wanderfield Llc Series Ivy
Seller's Agent
Mia Worley
Luxre Realty Inc
Buyer's Agent
Frantz Farreau
HomeSmart Realty West
List Price
$950,000
Sold Price
$917,500
Premium/Discount to List
-$32,500
-3.42%
Current Estimated Value
$964,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,193
Avg. Annual Appreciation
1.27%

Purchase Details

Closed on
Jan 14, 2019
Sold by
Winkler Christopher J and Winkler Michelle K
Bought by
Salas Henry A and The H Salas Trust

Purchase Details

Closed on
Mar 30, 2016
Sold by
Winkier Michelle K and Winkler Christopher J
Bought by
Winkler Christopher J and Winkler Michelle K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2009
Sold by
Bavelas Dimitrios and Bavelas Vicky
Bought by
Kirsch Michelle K and Winkler Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2004
Sold by
Wilson Ken Allan and Wilson Diane Lee
Bought by
Bavelas Dimitrios and Bavelas Vicky Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2001
Sold by
Wilson Ken Allan and Wilson Diane Lee
Bought by
Wilson Ken Allan and Wilson Diane Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
7.26%

Purchase Details

Closed on
Aug 9, 1996
Sold by
Warner Thomas N & Warner Family
Bought by
Wilson Ken Allan and Wilson Diane Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
8.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 19, 1995
Sold by
Record Ross E
Bought by
Warner Thomas N

Purchase Details

Closed on
Mar 14, 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
Wanderfield Llc Series Ivy $917,500 Chicago Title
Salas Henry A $535,000 First American Title Company
Winkler Christopher J -- Placer Title Company
Kirsch Michelle K $240,000 Chicago Title Company
Bavelas Dimitrios $455,000 Fidelity National Title Co
Wilson Ken Allan -- American Title Co
Wilson Ken Allan $130,000 Chicago Title Co
Warner Thomas N -- Chicago Title Co
-- $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winkler Christopher J $360,000
Previous Owner Winkler Christopher J $297,500
Previous Owner Kirsch Michelle K $236,954
Previous Owner Kirsch Michelle K $235,653
Previous Owner Bavelas Dimitrios $420,000
Previous Owner Bavelas Dimitrios $318,500
Previous Owner Wilson Ken Allan $227,000
Previous Owner Wilson Ken Allan $129,000
Previous Owner Wilson Ken Allan $127,500
Closed Bavelas Dimitrios $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $917,500 -3.4% $558 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $950,000 -- $578 / 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 $10,911 $973,655 $543,438 $430,217
2024 $10,911 $954,565 $532,783 $421,782
2023 $10,665 $935,849 $522,337 $413,512
2022 $6,481 $551,352 $307,733 $243,619
2021 $6,376 $551,352 $307,733 $243,619
2020 $6,339 $545,699 $304,578 $241,121
2019 $3,146 $277,707 $155,000 $122,707
2018 $3,058 $272,262 $151,961 $120,301
2017 $3,007 $266,925 $148,982 $117,943
2016 $2,947 $261,692 $146,061 $115,631
2015 $2,921 $257,763 $143,868 $113,895
2014 $2,800 $252,714 $141,050 $111,664
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mia Worley

    Luxre Realty Inc

    Section Image

  • F

    Buyer's Agent in 2022

    Frantz Farreau

    HomeSmart Realty West

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2203491

California Regional Multiple Listing Service (CRMLS)

APN: 233-282-16

California San Diego County Escondido 92025 Central Escondido

510 S Ivy St, Escondido, CA

This home is located at 510 S Ivy St, Escondido, CA 92025 since 13 April 2022 and is currently estimated at $964,693, approximately $586 per square foot. This property was built in 1948. 510 S Ivy St is a home located in San Diego County with nearby schools including Central Elementary School, Del Dios Academy of Arts & Sciences, and Orange Glen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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