NOT LISTED FOR SALE

8561 W Lilac Rd Escondido, CA 92026

4 Beds
3 Baths
10,508 Sq Ft
26.11 Acres

Last Sold May 04, 2015

Last sale price $2,350,000 $224 Per Sq Ft

98 Days on Market

Highlights

  • In Ground Pool
  • Mountainous Community
  • 2 Car Garage
  • 26.11 Acre Lot

About This Home

As of May 2015

Kamp Kuper is an operating Christian camp for youth. Amenities include a 1400 sf Chapel, 3600 sf worship center/commercial kitchen, 2X 1200 sf dormitory's, a 2 bedroom leader cottage, volleyball court, tennis court and soccer/baseball field. Those amenities are included in the existing major use permit covering approximately 5 acres of the 28 acre retreat. Additional amenities include a barn, 2 caretaker homes and a one level adobe residence of 4 bedrooms and prox.3200 sf. Home includes private, spacious pool area and outdoor bathrooms, and very large outdoor kitchen and entertaining area overlooking the Kamp Kuper facility below. Endless possibilities, existing retreats booked through june, 2015 and many retreats book a year in advance. You can own this fabulous benchmark property and facility that is located on 28 pristine acres in the direct path of development right next to I-15! Unsurpassed value and opportunity. Financial expenses are for the operation of the entire retreat and maintenance of all 28 acs

Last Agent to Sell the Property

Kim Carlson

NON-MEMBER/NBA or BTERM OFFICE License #00968586 Listed on: 11/20/2014

NON-MEMBER/NBA or BTERM OFFICE

Last Buyer's Agent

Kim Carlson

NON-MEMBER/NBA or BTERM OFFICE License #00968586 Listed on: 11/20/2014

NON-MEMBER/NBA or BTERM OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,291

Year Built

  • Built in 1992

Lot Details

  • 26.11 Acre Lot
  • No Common Walls
  • Density is 26-30 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 10,508 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • In Ground Pool
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 1270722800

Community Details

Overview

  • 8 Buildings
  • Mountainous Community

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Water Meters
  • Electric Expense $8,000
  • Insurance Expense $4,585
  • Maintenance Expense $20,000
  • Pool Expense $1,500
  • Supplies Expense $8,000
  • Trash Expense $1,400
  • Water Sewer Expense $18,000
  • New Taxes Expense $34,185
  • Gross Income $9,594
  • Net Operating Income $34,530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,291

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Supplies Expense: 8000.00
  • Water Sewer Expenses: 18000.00
  • Property Type: Residential Income
  • Parcel Number: 1270722800
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 223.64

Exterior Features

  • Pool Expense: 1500.00
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Mountainous

Lot Info

  • Lot Features: 26-30 Units/Acre
  • Lot Size Sq Ft: 1137352.00
  • Lot Size Acres: 26.1100

Multi Family

  • Electric Expense: 8000.00
  • Gross Income: 9594.00
  • Gross Scheduled Income: 135000.00
  • Insurance Expense: 4585.00
  • Lot Size Area: 1137352.0000 Square Feet
  • Maintenance Expense: 20000.00
  • Net Operating Income: 34530.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 1
  • Operating Expense: 100470.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 34185.00
  • Tax Lot: 28
  • Tax Tract Number: 000
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
8561 West Lilac Road Llc
Bought by
8561 W Lilac Road Llc

Purchase Details

Listed on
Nov 20, 2014
Closed on
Mar 16, 2015
Sold by
Wieser Enterprises Llc
Bought by
8561 West Lilac Road Llc
Seller's Agent
Kim Carlson
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
Kim Carlson
NON-MEMBER/NBA or BTERM OFFICE
List Price
$2,650,000
Sold Price
$2,350,000
Premium/Discount to List
-$300,000
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 28, 1995
Sold by
Wieser Family Trust 12-22-87
Bought by
Wieser Enterprises Llc

Purchase Details

Closed on
Sep 5, 1995
Sold by
Wieser Charles J and Wieser Gwendolyn J
Bought by
Wieser Enterprises Llc

Purchase Details

Closed on
Dec 3, 1993
Sold by
First Interstate Bank
Bought by
Wieser Charles J and Wieser Gwendolyn J

Purchase Details

Closed on
Mar 10, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
8561 W Lilac Road Llc -- Lawyers Title Burbank
8561 West Lilac Road Llc $2,350,000 Fidelity National Title
Wieser Enterprises Llc -- --
Wieser Charles J -- --
Wieser Enterprises Llc -- --
Wieser Charles J $592,500 Chicago Title Co
-- $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8561 West Lilac Road Llc $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2015 05/04/15 Sold $2,350,000 -11.3% $224 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
11/20/2014 11/20/14 For Sale $2,650,000 -- $252 / 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 $34,291 $2,772,660 $757,161 $2,015,499
2024 $34,291 $2,718,295 $742,315 $1,975,980
2023 $33,433 $2,664,996 $727,760 $1,937,236
2022 $32,794 $2,612,742 $713,491 $1,899,251
2021 $32,021 $2,561,512 $699,501 $1,862,011
2020 $31,806 $2,535,248 $692,329 $1,842,919
2019 $31,209 $2,485,538 $678,754 $1,806,784
2018 $31,203 $2,436,803 $665,446 $1,771,357
2017 $30,573 $2,389,024 $652,399 $1,736,625
2016 $29,894 $2,342,181 $639,607 $1,702,574
2015 $25,260 $1,975,465 $539,462 $1,436,003
2014 $24,995 $1,956,566 $528,895 $1,427,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW14257560

California Regional Multiple Listing Service (CRMLS)

APN: 127-072-28