NOT LISTED FOR SALE

665 Townsite Dr Vista, CA 92084

Estimated Value: $966,000 - $2,359,000

4 Beds
2 Baths
1,536 Sq Ft
$1,264/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $860,000 $560 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $11,549/month

17 Days on Market

Highlights

  • No HOA
  • No Heating
  • 1-Story Property
  • Laundry Room
  • Back Yard
  • 5-minute walk to Raintree Park

About This Home

As of June 2023

EXTREMELY RARE INVESTMENT OPPORTUNITY. Duplex on oversized lot with opportunity to add 2 ADUs. Each duplex unit is a 2 bed/1 bath with attached garage between each unit and a rear yard. Laundry hook-ups in each unit. Duplex needs some TLC. City of Vista has approved adding 2 ADUs on this parcel. Proposed ADU #1 would be 1003 sq ft.. Proposed ADU #2 would be 1019 sq ft. Over $10,000 of Drafting Plans have been completed ready for submittal to include Structural Calculations, Structural General Notes, Foundation and Roof Framing Plans, Structural Details Plot Plan. Located in Central Vista, walking distance to shopping, restaurants and breweries. Easy access to 78 Fwy. 15 minute drive to Carlsbad Beach.

Last Agent to Sell the Property

Christine Bennett

Wisdom Properties License #01888018 Listed on: 05/24/2023

Last Buyer's Agent

MARI & GLORIA MARI & GLORIA

RE/MAX Dolphin Real Esatate-man License #70000468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,599

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1472
  • Assessor Parcel Number 1753601700

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,133
  • Water Sewer Expense $1,260
  • New Taxes Expense $5,600
  • Operating Expense $7,920
  • Gross Income $43,200
  • Net Operating Income $35,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,599

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.12
  • Price Per Unit: 427500
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1260.00
  • Zoning: R-2:MINOR MULTIPLE
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1753601700
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 559.90

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1133.00
  • Lot Size Area: 12197.0000 Square Feet
  • Net Operating Income: 35280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7920.00
  • Rent Control: No
  • Total Expenses: 7920.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Lot: 16
  • Tax Tract Number: 001472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Rize Ts Llc
Bought by
Gerald And Betty Star Revocable Living Trust and Star
Current Estimated Value
$1,941,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,009,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2015
Sold by
Real Prop Investments Inc
Bought by
Koukis James

Purchase Details

Closed on
May 13, 2013
Sold by
Reynolds Connie L
Bought by
Real Prop Investments Inc

Purchase Details

Closed on
Aug 29, 2008
Sold by
Navarette Jose P
Bought by
Reynolds Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 6, 2006
Sold by
Douglass Warren E and Douglass Ruth
Bought by
Navarrete Jose P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 1, 1996
Sold by
Douglass Alma and Douglass Kenneth
Bought by
Douglass Warren and Douglass Ruth

Purchase Details

Closed on
Oct 20, 1993
Sold by
Douglass Warren E and Douglass Kenneth H
Bought by
Douglass Warren E and Douglass Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.29%

Purchase Details

Closed on
Aug 27, 1986
Source: Public Records

Range of Values:

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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
Gerald And Betty Star Revocable Living Trust $2,220,000 Lawyers Title
Koukis James -- None Available
Real Prop Investments Inc $323,500 Pacific Coast Title Company
Reynolds Connie L $243,500 Ticor Title Company
Navarrete Jose P $485,000 Southland Title Of San Diego
Douglass Warren -- --
Douglass Warren E -- Fidelity National Title
-- $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerald And Betty Star Revocable Living Trust $1,009,000
Previous Owner Rize Ts Llc $1,345,000
Previous Owner Reynolds Connie L $193,600
Previous Owner Navarrete Jose P $388,000
Previous Owner Douglass Warren E $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $860,000 +0.6% $560 / Sq Ft
05/24/2023 05/24/23 For Sale $855,000 -- $557 / 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 $11,599 $1,346,742 $535,001 $811,741
2024 $11,599 $877,199 $524,511 $352,688
2023 $5,629 $382,650 $228,801 $153,849
2022 $5,618 $375,148 $224,315 $150,833
2021 $5,497 $367,793 $219,917 $147,876
2020 $5,455 $364,023 $217,663 $146,360
2019 $5,384 $356,887 $213,396 $143,491
2018 $5,186 $349,890 $209,212 $140,678
2017 $5,116 $343,030 $205,110 $137,920
2016 $5,001 $336,305 $201,089 $135,216
2015 $4,967 $331,254 $198,069 $133,185
2014 $4,853 $324,767 $194,190 $130,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2303863

California Regional Multiple Listing Service (CRMLS)

APN: 175-360-17