NOT LISTED FOR SALE

706 E Ohio Ave Escondido, CA 92025

Central Escondido Neighborhood

Estimated Value: $757,298 - $963,000

6 Beds
3 Baths
-- Sq Ft
6,969 Sq Ft Lot

Last Sold September 10, 2012

Last sale price $302,500

Est. 176% increase in value since last sale

Current estimated payment $4,673/month

51 Days on Market

Highlights

  • Gated Parking
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Corner Lot
  • Whole House Fan
  • Wood Siding

About This Home

As of September 2012

Great Opportunity To own an amazing duplex, renovated in 2010 with new roof back unit, new baths for both, floorings, etc.. Already rented for $3200 per month. Long term tenants that pay rent every month with no delays. 2 units with separate entrances, large lots, plenty of parking. These units have been rented since day 1 with NO vacancy! It's time to make the investment! Assumable loan for 200K, see supplement.

Last Agent to Sell the Property

Joe Corbisiero

Compass License #01886351 Listed on: 06/21/2012

Compass

Last Buyer's Agent

Andrea Noriega

Century 21 Award License #01731271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,969 Sq Ft Lot
  • Corner Lot
  • Manual Sprinklers System

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property

Parking

  • Parking Available
  • Gated Parking
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Whole House Fan
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2301611300

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • CapRate: 9.00
  • Subdivision Name Other: EAST ESCONDIDO
  • Zoning: 5
  • Property Type: Residential Income
  • Parcel Number: 2301611300
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated, Uncovered

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Cooling: Wall/Window Unit(s), Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot, Sprinklers Manual
  • Lot Size: 0.13
  • Lot Size Sq Ft: 6969.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Multiplier: 9.00
  • Gross Scheduled Income: 38400.00
  • Lot Size Area: 6969.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Heuschele Daniel R and Heuschele Carol A
Bought by
Heuschele And Lord Family Trust and Heuschele
Current Estimated Value
$835,099

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 19, 2012
Sold by
Corbisiero Giuseppe
Bought by
Heuschele Daniel R and Lord Carol A
Seller's Agent
Joe Corbisiero
Compass
Buyer's Agent
Andrea Noriega
Century 21 Award
List Price
$365,000
Sold Price
$302,500
Premium/Discount to List
-$62,500
-17.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$226,875
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2012
Sold by
Corbisiero Giuseppe and Ciolfi Tina G
Bought by
Corbisiero Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,875
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Rodriguez Pedro
Bought by
Corbisiero Giuseppe and Ciolfi Tina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.03%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2006
Sold by
Digerness Gary D and Digerness Shirley G
Bought by
Rodriguez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 16, 2000
Sold by
Michael E
Bought by
Digerness Gary D and Digerness Shirley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,174
Interest Rate
8.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 2, 1988
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
Heuschele And Lord Family Trust -- None Listed On Document
Heuschele Daniel R $303,000 Ticor Title
Corbisiero Giuseppe -- None Available
Corbisiero Giuseppe $225,000 Chicago Title
Rodriguez Pedro $525,000 Lawyers Title Company
Digerness Gary D -- California Title
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heuschele Daniel R $226,875
Previous Owner Corbisiero Giuseppe $200,000
Previous Owner Rodriguez Pedro $420,000
Previous Owner Digerness Gary D $44,174
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $302,500 -17.1% --
08/11/2012 08/11/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $365,000 -- --
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 $4,196 $372,492 $184,707 $187,785
2024 $4,196 $365,189 $181,086 $184,103
2023 $4,101 $358,030 $177,536 $180,494
2022 $4,057 $351,010 $174,055 $176,955
2021 $3,992 $344,129 $170,643 $173,486
2020 $3,969 $340,602 $168,894 $171,708
2019 $3,873 $333,925 $165,583 $168,342
2018 $3,766 $327,379 $162,337 $165,042
2017 $3,705 $320,960 $159,154 $161,806
2016 $3,634 $314,668 $156,034 $158,634
2015 $3,604 $309,943 $153,691 $156,252
2014 $3,455 $303,873 $150,681 $153,192
Source: Public Records

Agents Affiliated with this Home

  • Joe Corbisiero

    Seller's Agent in 2012

    Joe Corbisiero

    Compass

    (760) 201-9252

    77 Total Sales

    Joe Corbisiero
    Section Image

  • A

    Buyer's Agent in 2012

    Andrea Noriega

    Century 21 Award

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120031757

California Regional Multiple Listing Service (CRMLS)

APN: 230-161-13

California San Diego County Escondido 92025 Central Escondido

706 E Ohio Ave, Escondido, CA

Not Listed for Sale

MultiFamily

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