1037 Kings Road, Escondido, California 92027, Escondido, 92027 - 5 bed, 2 bath

1037 Kings Road, Escondido, California 92027 home-pic-0
ACTIVE$765,888$1,334/sqft
Est. Value: $791,492
3%
BelowEstimate
1037 Kings Road, Escondido, California 92027
5Beds
2Baths
1,334Sqft
Lot

Price Vs. Estimate

The estimated value ($791,491.535) is $25,603.535 (3%) higher than the list price ($765,888). This property may be underpriced.

Key pros and cons

Top Pros:
Recreational Amenities: Features a custom pool and spa, added in 2019, significantly enhancing lifestyle and property value.
Top Cons:
Limited Interior Space: The property's 1334 sqft for 5 bedrooms suggests potentially small room sizes and a compact living arrangement.

Compared to the nearby listings

Price:$765.9K vs avg $827.5K ($-61,612)36%
Size:1,334 sqft vs avg 1,702 sqft22%
Price/sqft:$574 vs avg $48478%

More Insights

Built in 1960 (66 years old).
Condition: Despite being built in 1960, this property has undergone significant and recent renovations, making it move-in ready. The kitchen features modern stainless steel appliances, updated cabinetry, light-colored countertops, and a contemporary mosaic tile backsplash, complemented by modern flooring and recessed lighting. The bathroom also appears updated with modern tiling and fixtures. Further enhancing its condition are the custom pool and spa added in 2019, paid solar panels, a tankless water heater, new interior flooring, fresh paint, and modern light fixtures/ceiling fans throughout. While the underlying infrastructure is older, the extensive updates to key areas and major systems elevate its condition considerably.
Year Built
1960
Close
-
List price
$766K
Original List price
$766K
Price/Sqft
$574
HOA
-
Days on market
-
Sold On
-
MLS number
250046200SD
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Welcome Home! This single story 5 bd 2 full bath home awaits you! Custom Pool & Spa added in 2019, proven rental record for the savvy investor. Located on a Cul-De-Sac and conveniently located for access to all major fwys and access roads. Paid Solar!! Tankless Water Heater No HOA!! No Mello Roos !! Do Not Disturb Occupants Do Not Go on Property Dogs on Property

M
Mike Sirota
Listing Agent

Nearby schools

6/10
Glen View Elementary School
Public,K-50.4mi
5/10
Conway Elementary School
Public,K-50.9mi
7/10
Quantum Academy
Public,4-81.5mi
4/10
Rincon Middle School
Public,6-81.5mi
4/10
Hidden Valley Middle School
Public,6-81.8mi
4/10
Orange Glen High School
Public,9-121.8mi

Price History

Date
Event
Price
03/25/19
Sold
$447,000
Condition Rating
Good

Despite being built in 1960, this property has undergone significant and recent renovations, making it move-in ready. The kitchen features modern stainless steel appliances, updated cabinetry, light-colored countertops, and a contemporary mosaic tile backsplash, complemented by modern flooring and recessed lighting. The bathroom also appears updated with modern tiling and fixtures. Further enhancing its condition are the custom pool and spa added in 2019, paid solar panels, a tankless water heater, new interior flooring, fresh paint, and modern light fixtures/ceiling fans throughout. While the underlying infrastructure is older, the extensive updates to key areas and major systems elevate its condition considerably.
Pros & Cons

Pros

Recreational Amenities: Features a custom pool and spa, added in 2019, significantly enhancing lifestyle and property value.
Investment Opportunity: Boasts a proven rental record, making it highly attractive for investors seeking immediate income potential.
Energy Efficiency & Cost Savings: Benefits from paid solar panels and a tankless water heater, leading to reduced utility bills and modern convenience.
Low Ownership Costs: Absence of HOA fees and Mello Roos taxes provides significant financial relief for homeowners.
Prime Location Features: Located on a quiet cul-de-sac with convenient access to major freeways, offering both tranquility and accessibility.

Cons

Limited Interior Space: The property's 1334 sqft for 5 bedrooms suggests potentially small room sizes and a compact living arrangement.
Challenging Showings: Occupancy and the presence of dogs create significant hurdles for potential buyers to view the property effectively.
Aging Infrastructure: Built in 1960, the home's age implies potential for outdated systems or deferred maintenance beyond recent upgrades.
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