NOT LISTED FOR SALE

660 E Mission Ave Escondido, CA 92025

Central Escondido Neighborhood

Estimated Value: $624,761 - $765,000

6 Beds
4 Baths
3,148 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $1,100,000 $349 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $4,417/month

3 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 4 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2022

Great Central Escondido opportunity for buy-and-hold investors! 2 Separate detached single family homes each on their separate lots with SEPARATE Parcel numbers and own fully fenced yards. Both homes are identical with 3 beds 2.5 baths 1574sqft soaring ceilings, lots of natural light, attached garages and private yards ready for buyer customization. 656 E Mission Ave - APN#229-160-55-00 Tenant lease until Sept 2023. Current rent $2708/Month. 660 E Mission Ave - APN#229-160-56-00 Tenant lease until Sept 2022. Current Rent $2729.50/Month. Please do not disturb the tenants, DRIVE BY ONLY. Walkthrough with an Accepted Offer.

Last Agent to Sell the Property

Sonal Kanodia

Willis Allen Real Estate License #01937217 Listed on: 01/10/2022

Willis Allen Real Estate

Last Buyer's Agent

Gloria Sheehan

Coldwell Banker Realty License #00541395

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 7,373 Sq Ft Lot
  • Lot Dimensions are 48.27x62.02x31.40x28.28x81.99 42.68x81.89x42.72x81.99
  • No Common Walls
  • Fenced
  • Fence is in fair condition
  • No Landscaping
  • Level Lot
  • Private Yard
  • 229-160-56-00. 656 E Mission Ave - APN#229-160-55-00 Lot:3501sqft; 660 E Mission Ave - APN#229-160-56-00 Lot:3872 sqft

Parking

  • 4 Car Garage
  • 6 Open Parking Spaces
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,148 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 55,56
  • Tax Tract Number 202
  • Assessor Parcel Number 2291605500

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,600
  • New Taxes Expense $7,360
  • Operating Expense $11,048
  • Gross Income $54,250
  • Net Operating Income $54,202

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 4.94
  • Property Attached: No
  • View: No
  • Zoning: R-1 SINGLE
  • Property Type: Residential Income
  • Parcel Number: 2291605500
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 349.43

Exterior Features

  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 229-160-56-00. 656 E Mission Ave - APN#229-160-55-00 Lot:3501sqft; 660 E Mission Ave - APN#229-160-56-00 Lot:3872 sqft
  • Land Lease: No
  • Lot Features: Level, No Landscaping, Yard
  • Lot Size: 48.27x62.02x31.40x28.28x81.99 42.68x81.89x42.72x81.99
  • Lot Size Sq Ft: 7373.00
  • Lot Size Acres: 0.1693

Multi Family

  • Gross Income: 54250.00
  • Gross Scheduled Income: 65250.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 7373.0000 Square Feet
  • Net Operating Income: 54202.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 11048.00
  • Rent Control: No
  • Total Actual Rent: 5437.50
  • Total Expenses: 11048.00

Tax Info

  • New Taxes Expense: 7360.00
  • Tax Lot: 55,56
  • Tax Tract Number: 202.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 3, 2022
Sold by
Apollo Development Group Llc
Bought by
Eftekari Boma Joseph and Eftekari Allison Daniele
Seller's Agent
Sonal Kanodia
Willis Allen Real Estate
Buyer's Agent
Gloria Sheehan
Coldwell Banker Realty
List Price
$1,098,000
Sold Price
$1,100,000
Premium/Discount to List
$2,000
0.18%
Current Estimated Value
$745,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$354,658
Avg. Annual Appreciation
-10.98%
Original Mortgage
$412,500
Outstanding Balance
$382,571
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$311,369

Purchase Details

Closed on
Dec 4, 2021
Sold by
Patel Amitkumar V and Patel Navinbhai B
Bought by
Apollo Development Group Llc

Purchase Details

Closed on
Nov 25, 2019
Sold by
Apollo Development Group Llc
Bought by
Patel Amitkumar V and Patel Navinbhai B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,000
Interest Rate
3.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Eftekari Boma Joseph $550,000 Lawyers Title
Apollo Development Group Llc -- Accommodation
Patel Amitkumar V -- Fidelity National Title
Patel Amitkumar V -- Fidelity National Title
Patel Navinbhai B -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eftekari Boma Joseph $412,500
Previous Owner Patel Amitkumar V $358,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2022 02/07/22 Sold $1,100,000 +0.2% $349 / Sq Ft
01/10/2022 01/10/22 For Sale $1,098,000 0.0% $349 / Sq Ft
08/31/2020 08/31/20 Rented $2,650 0.0% --
08/30/2020 08/30/20 Under Contract -- -- --
08/20/2020 08/20/20 For Rent $2,650 +1.9% --
10/15/2018 10/15/18 Rented $2,600 -13.3% --
09/15/2018 09/15/18 Under Contract -- -- --
08/27/2018 08/27/18 For Rent $3,000 0.0% --
02/02/2015 02/02/15 Sold $129,000 0.0% -- View Prior Sale
12/15/2014 12/15/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $129,000 -- --
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 $6,554 $583,664 $318,362 $265,302
2024 $6,554 $572,220 $312,120 $260,100
2023 $5,883 $515,000 $280,000 $235,000
2022 $6,413 $556,504 $371,003 $185,501
2021 $6,309 $545,593 $363,729 $181,864
2020 $3,680 $315,678 $70,878 $244,800
2019 $3,592 $309,489 $69,489 $240,000
2018 $3,090 $268,128 $68,128 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Sonal Kanodia

    Seller's Agent in 2022

    Sonal Kanodia

    Willis Allen

    (858) 876-4110

    1 in this area

    21 Total Sales

    Sonal Kanodia
    Section Image

  • G

    Buyer's Agent in 2022

    Gloria Sheehan

    Coldwell Banker Realty

  • Monica Sylvester

    Buyer's Agent in 2022

    Monica Sylvester

    Willis Allen

    (858) 449-1812

    1 in this area

    28 Total Sales

    Monica Sylvester
    Section Image
  • Kathy Blair

    Seller's Agent in 2020

    Kathy Blair

    Pacific Sotheby's Int'l Realty

    (760) 405-6324

    1 in this area

    21 Total Sales

    Kathy Blair
    Section Image

  • L

    Seller's Agent in 2015

    Larry Dean

    Hanson Realty

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2200226

California Regional Multiple Listing Service (CRMLS)

APN: 229-160-55

California San Diego County Escondido 92025 Central Escondido

660 E Mission Ave, Escondido, CA

Not Listed for Sale

MultiFamily

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