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550 East 8th Avenue

550 East 8th Avenue, Escondido, CA 92025
Sold Jul 17, 2013
$309,000
$405,000 by Zillow Home Loans Llc
Mortgage Due Nov 01, 2051
Sold Jun 08, 1994
$115,000
$92,000 by Directors Mortgage
Mortgage Due Jul 01, 2024
550 East 8th Avenue in Escondido, CA was first built in 1954 and is 70 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 550 East 8th Avenue has 1,460 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,000 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of block. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing floor/wall heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 8, 2013 for $309,000. That's $211.64 per sqft. Prior to that sales transaction, the property was also sold in May 19, 1994 for $115,000. 550 East 8th Avenue was last assessed in 2023. The total value of the property was assessed at $364,072. Specifically, the land the property is located on was valued at $235,647. While improvements on the property were assessed at a total of $128,425. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,169. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: B
  • Building Style: Contemporary
  • Exterior Walls Type: Block
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,000
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 1,460
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SCOVIL ADD
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 13 /EXC ALLEY OP/ TR 002694

Ownership

  • Current Owner : PENA RAPHAEL IGNACIO
  • Previous Owner : THE ADAINGER TRUST II
  • Owner Before Previous Owner: THOMAS BRIAN R
  • Owner Before Previous Owner 2: THOMAS DEBBIE K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Escondido Union Elementary School District
  • School Tax School District: ESCONDIDO CITY
  • Census Tract: 020602

Zoning

  • Zoning: R-1-6

Geography

  • Assessors Map Reference: 002694
  • Subdivision Tract Number: 002694
  • Parcel: 233-430-10-00
  • Lot: 13
  • Municipality: CITY OF ESCONDIDO
  • Latitude: 33.1183
  • Longitude: -117.072

    Address

  • Full Address: 550 E 8th Ave
  • Address - House Number: 550
  • Street Direction: E
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Escondido
  • Carrier Code: C006
  • 4-Digit Zip Code: 5121
  • Zip Code: 92025

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,169
  • Tax Rate Code Area: 04-000

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 790,334
  • High Value: 925,120
  • Low Value: 655,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: ZILLOW HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,072
  • Assessed Land Value: $235,647
  • Assessed Improvements Value: $128,425

    Sales

  • Current Sale Contract Date: May 08, 2013
  • Current Sale Recording Date: Jul 17, 2013
  • Current Sale Transaction ID: 1038925706
  • Current Sale Price: $309,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013-0444556
  • Previous Sale Recording Date: Jun 08, 1994
  • Previous Sale Contract Date: May 19, 1994
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Jul 17, 2013
  • First Mortgage Loan Amount: $303,403
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: DIRECTORS MORTGAGE
  • Previous Mortgage Transaction Date: Jun 08, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2024

About Central Escondido



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Unit for rent at 1461 N Broadway, Escondido, CA, 92026

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1461 N Broadway #D, Escondido, CA, 92026 Listing by Norma Noonkester

Frequently Asked Questions

What neighborhood is 550 East 8th Avenue located in?
The 550 East 8th Avenue is a located in the neighborhood of Central Escondido in Central Escondido, Escondido.
What is the average sales price for listings in 550 East 8th Avenue?
The average sales price for units in 550 East 8th Avenue is $0 currently.

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