NOT LISTED FOR SALE

Estimated Value: $804,000 - $845,000

3 Beds
2.5 Baths
1,360 Sq Ft
$609/Sq Ft Est. Value

Sale Details

Date Sold: April 19, 2024

Last sale price $868,000 $638 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,416 / mo

7 Days on Market

Highlights

  • 0.39 Acre Lot
  • Colonial Architecture
  • Deck
  • San Pasqual High School Rated A-
  • Mountain View
  • Quartz Countertops

About This Home

As of April 2024

Investor's Dream with Stunning Views: Renovated Dual Unit Property

Welcome to 850 W 7th Avenue in the charming city of Escondido! This newly renovated property presents a unique investment opportunity with two separate units, perfect for savvy investors or homeowners seeking additional income potential.

The bottom unit features a spacious 2-bedroom, 1.5-bathroom layout spanning 900 square feet, while the top unit serves as an ADU (Accessory Dwelling Unit) with 1 bedroom and 1 bathroom across 460 square feet. Both units have undergone recent renovations, including a new roof, freshly renovated kitchen and bathrooms, new paint, and flooring, ensuring a modern and inviting atmosphere for residents.

Nestled on a sprawling 17,000 square foot lot, this property offers ample space for parking and outdoor activities, making it ideal for tenants or homeowners with active lifestyles. Additionally, the large lot size presents the opportunity for further development, with the potential for an owner lot split or the addition of a full-size detached ADU.

One of the most captivating features of this property is its stunning mountain views, providing a picturesque backdrop for daily living and relaxation. Imagine waking up to the sight of majestic mountains every morning, or unwinding on the balcony while soaking in the beauty of the surrounding landscape.

Conveniently located in Escondido, residents will enjoy easy access to local amenities, shopping centers, dining establishments, and recreational activities. With its prime location and income-generating potential, this property is not only a wise investment but also a desirable place to call home.

Whether you're an investor looking to maximize rental income or a homeowner seeking additional space for extended family or guests, 850 W 7th Avenue offers endless possibilities. Don't miss out on this exceptional opportunity – schedule a showing today and explore the potential of this unique property!

Last Agent to Sell the Property

Nichole Quiroz

Side, Inc. Brokerage Phone: 619-316-1627 License #01955611 Listed on: 03/28/2024

Side, Inc.

Last Buyer's Agent

Max Wilkerson

Compass License #02018826

Compass

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 17,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,360 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Vinyl Flooring
  • Mountain Views
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 1 / 228
  • Tax Tract Number 336
  • Assessor Parcel Number 2323201700
  • $33 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • South Escondido Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0.39 Acres

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: South Escondido
  • View: Yes
  • Zoning: R1
  • Architectural Style: Colonial
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2323201700
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1360.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 638.24
  • Room Type: Kitchen, Living Room
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17000.00
  • Lot Size Acres: 0.3903

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17000.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 228
  • Tax Census Tract: 205.00
  • Tax Lot: 1
  • Tax Tract Number: 336
  • TaxOtherAnnualAssessmentAmount: 33.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Apr 9, 2024
Sold by
One Mission Properties Llc
Bought by
Seller's Agent
Nichole Quiroz
Side, Inc.
Buyer's Agent
Max Wilkerson
Compass
List Price
$799,000
Sold Price
$868,000
Premium/Discount to List
$69,000
8.64%
Views
206
Current Estimated Value
$828,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,390
Avg. Annual Appreciation
-1.93%

Purchase Details

Closed on
Oct 24, 2023
Sold by
Ronald A Lamb Living Trust
Bought by
One Mission Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2006
Sold by
Lamb Ronald A
Bought by
Ronald Adiel Lamb Living Trust

Purchase Details

Closed on
Apr 11, 2005
Sold by
Lamb Gail Ann
Bought by
Lamb Ronald A

Purchase Details

Closed on
Jul 31, 2002
Sold by
Lamb Ronald A and Lamb Gail A
Bought by
Lamb Ronald A and Lamb Gail A
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Escondido, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$868,000 Corinthian Title
One Mission Properties Llc $510,000 Corinthian Title
Ronald Adiel Lamb Living Trust -- None Available
Lamb Ronald A -- None Available
Lamb Ronald A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $139,000
Previous Owner One Mission Properties Llc $613,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $868,000 +8.6% $638 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $799,000 -- $588 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,130 $903,067 $624,240 $278,827
2025 $5,845 $885,360 $612,000 $273,360
2024 $5,845 $510,000 $440,643 $69,357
2023 $1,446 $124,373 $107,459 $16,914
2022 $1,430 $121,935 $105,352 $16,583
2021 $1,407 $119,545 $103,287 $16,258
2020 $1,399 $118,320 $102,228 $16,092
2019 $1,366 $116,001 $100,224 $15,777
2018 $1,329 $113,727 $98,259 $15,468
2017 $1,307 $111,498 $96,333 $15,165
2016 $1,281 $109,313 $94,445 $14,868
2015 $1,271 $107,672 $93,027 $14,645
2014 $1,220 $105,564 $91,205 $14,359
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24061172

California Regional Multiple Listing Service (CRMLS)

APN: 232-320-17

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