NOT LISTED FOR SALE

723 S Tulip St Escondido, CA 92025

Central Escondido Neighborhood

Estimated Value: $901,539 - $1,240,000

4 Beds
2 Baths
1,622 Sq Ft
$636/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $495,000 $305 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,316/month

10 Days on Market

Highlights

  • Panoramic View
  • 0.35 Acre Lot
  • Heating System Uses Natural Gas
  • San Pasqual High School Rated A-
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of May 2016

This duplex is grandfathered in an all single home residence, is always rented on a month to month lease, units have been fairly maintained over the years. new roof new windows of about 8 yrs. Property is conveniently located close to Schools..., elementary school is at walking distance, Shopping, downtown Escondido with easy access to freeways: I-15, I-78,. This property has ample potential with an extensive lot for the creative buyer. Please do not disturb tenants. Please drive by only. 723- 700 SF 1 car garage, rents for $1,430 plus a set fee of $130.00 for water use. total $1,560.00 725- 922 SF 2 beds 1 bath, one extra area that could be enclosed for an extra room and an extra room for laundry area, 1 carport rents for $1,375.00 plus a set fee of $65.00 for water use. This unit is a bigger unit and it has a potential to increase the rent. Agent is related to seller. Neighborhoods: Escondido Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 723 Unit # for Unit 2: 725 Unit # for Unit 3: 0 Unit # for Unit 4: 0 Number of Furnished Units: 0 Topography: LL,GSL

Last Agent to Sell the Property

Sara Thuemmler

HomeSmart Realty West License #01383623 Listed on: 03/25/2016

Last Buyer's Agent

Robert Seneker

Allison James Estates & Homes License #01967522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,164

Year Built

  • Built in 1952

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Manual Sprinklers System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Panoramic Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas
  • Assessor Parcel Number 2323400500

Community Details

Overview

  • 2 Units
  • Duplex

Building Details

  • Net Operating Income $8,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,164

Year Built

Built in 1952

Lot Details

0

Listing Details

  • CapRate: 13.50
  • Park Name: Duplex
  • Subdivision Name Other: Southwest Escondido
  • View: Yes
  • Zoning: R-1
  • Property Type: Residential Income
  • Parcel Number: 2323400500
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • View: Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Features: Sprinklers Manual
  • Lot Size Sq Ft: 15246.00
  • Lot Size Acres: 0.3500

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 15246.0000 Square Feet
  • Net Operating Income: 8350.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2021
Sold by
Phillips Adam C and Calder Elaine E
Bought by
Langley Norman D and Langley Sondra L
Current Estimated Value
$1,031,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 22, 2016
Sold by
Szpak Michael
Bought by
Szpak Gabriela
Seller's Agent
Sara Thuemmler
HomeSmart Realty West
Buyer's Agent
Robert Seneker
Allison James Estates & Homes
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$486,034
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 8, 2016
Sold by
Szpak Gabriela and Covarrubias Gabriel M
Bought by
Phillips Adam C and Calder Elaine E
Seller's Agent
Sara Thuemmler
HomeSmart Realty West
Buyer's Agent
Robert Seneker
Allison James Estates & Homes
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,034
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2006
Sold by
Rapoza Sara Carolina and Rapoza Kyle John
Bought by
Covarrubias Gabriela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2002
Sold by
M & L Financial Company Xiii
Bought by
Covarrubias Sara Carolina and Covarrubias Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.99%

Purchase Details

Closed on
Aug 9, 1999
Sold by
Castle Capital Corp
Bought by
M & L Financial Company Xiii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 5, 1998
Sold by
Ruczewski Robert S
Bought by
M & L Financial Properties Inc

Purchase Details

Closed on
Feb 23, 1993

Purchase Details

Closed on
May 31, 1990
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
Langley Norman D $854,500 First American Title Company
Szpak Gabriela -- Fidelity Title Company
Phillips Adam C $495,000 Fidelity Title Company
Covarrubias Gabriela M -- Ticor Title Co
Covarrubias Sara Carolina $237,500 United Title Company
M & L Financial Company Xiii $115,000 Commonwealth Land Title Co
Castle Capital Corp -- Commonwealth Land Title
M & L Financial Properties Inc $90,000 --
-- $146,500 --
-- $153,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langley Norman D $457,500
Previous Owner Phillips Adam C $486,034
Previous Owner Covarrubias Gabriela M $300,000
Previous Owner Covarrubias Sara Carolina $190,000
Previous Owner M & L Financial Company Xiii $103,500
Closed Covarrubias Sara Carolina $23,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2016 05/04/16 Sold $495,000 0.0% $305 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $495,000 -- $305 / 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 $10,164 $906,801 $795,906 $110,895
2024 $10,164 $889,021 $780,300 $108,721
2023 $9,935 $871,590 $765,000 $106,590
2022 $9,830 $541,352 $328,093 $213,259
2021 $6,261 $541,352 $328,093 $213,259
2020 $6,224 $535,802 $324,729 $211,073
2019 $6,074 $525,297 $318,362 $206,935
2018 $5,906 $514,998 $312,120 $202,878
2017 $5,811 $504,900 $306,000 $198,900
2016 $3,526 $305,247 $93,588 $211,659
2015 $3,497 $300,663 $92,183 $208,480
2014 $3,353 $294,775 $90,378 $204,397
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sara Thuemmler

    HomeSmart Realty West

  • R

    Buyer's Agent in 2016

    Robert Seneker

    Allison James Estates & Homes

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160016093

California Regional Multiple Listing Service (CRMLS)

APN: 232-340-05

California San Diego County Escondido 92025 Central Escondido

723 S Tulip St, Escondido, CA

This home is located at 723 S Tulip St, Escondido, CA 92025 since 25 March 2016 and is currently estimated at $1,031,635, approximately $636 per square foot. This property was built in 1952. 723 S Tulip St is a home located in San Diego County with nearby schools including Felicita Elementary, Del Dios Academy of Arts & Sciences, and San Pasqual 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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