1350 N Escondido Blvd 37, Escondido, California 92026, Escondido, 92026 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$350,000$921/sqft
1350 N Escondido Blvd 37, Escondido, California 92026
2Beds
2Baths
921Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Gated Community & Largest Floorplan: The property is located within a gated community, offering enhanced security and amenities, and boasts the largest floorplan available in Sommerset Villas, providing more living space.
Top Cons:
High Monthly Association Fee: The monthly association fee of $441 is substantial for a 921 sqft condo, which can significantly impact overall affordability and potential investment returns.
Compared to the nearby listings
Price:$350.0K vs avg $500.0K ($-150,000)20%
Size:921 sqft vs avg 996 sqft50%
Price/sqft:$380 vs avg $4767%
More Insights
Built in 1980 (46 years old).
Condition: Built in 1980, this condo is well-maintained and move-in ready, but the kitchen and bathrooms feature dated cabinets, countertops, and tile work, suggesting renovations were done 15-25 years ago. Appliances are a mix of newer stainless steel and older white units. Flooring is a combination of laminate and carpet, which appear clean but not new. The wall-mounted heating/cooling unit is also an older system. While functional, the property requires minor cosmetic updates to meet current aesthetic standards.
Year Built
1980
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$380
HOA
$441
Days on market
-
Sold On
-
MLS number
250046076SD
Home ConditionFair
Features
Good View:
Pool
Spa
Patio
View-
About this home
Perfect Starter Home or Investment Opportunity! Welcome to this the largest floorplan in the gated coummunity of Sommerset Villas in Escondido. 2-bedroom, 2-bathroom ground floor end unit condo is ready for a new owner. Enjoy the convenience of in-unit laundry, two full bathrooms, and easy freeway access—ideal for commuters. Located near schools, parks, and shopping, this condo offers both comfort and convenience in a friendly, well-maintained neighborhood. Whether you're a first-time buyer or savvy investor, this is a smart opportunity you don’t want to miss!
J
Jaime Z Harris
Listing Agent
Nearby schools
5/10
North Broadway Elementary School
Public,•K-5•1.3mi
4/10
Rincon Middle School
Public,•6-8•1.3mi
7/10
Quantum Academy
Public,•4-8•3.3mi
5/10
Escondido High School
Public,•9-12•0.2mi
Price History
Date
Event
Price
01/25/24
Sold
$450,000
12/18/09
Sold
$110,000
07/18/08
Sold
$310,000
Condition Rating
Fair
Built in 1980, this condo is well-maintained and move-in ready, but the kitchen and bathrooms feature dated cabinets, countertops, and tile work, suggesting renovations were done 15-25 years ago. Appliances are a mix of newer stainless steel and older white units. Flooring is a combination of laminate and carpet, which appear clean but not new. The wall-mounted heating/cooling unit is also an older system. While functional, the property requires minor cosmetic updates to meet current aesthetic standards.
Pros & Cons
Pros
Gated Community & Largest Floorplan: The property is located within a gated community, offering enhanced security and amenities, and boasts the largest floorplan available in Sommerset Villas, providing more living space.
Prime Location & Accessibility: Enjoy easy freeway access, ideal for commuters, and close proximity to schools (including a high-rated high school just 0.23 miles away), parks, and shopping centers.
Ground Floor End Unit: As a ground floor end unit, it offers convenient accessibility, potentially more natural light, and fewer shared walls, enhancing privacy and reducing noise.
Desirable Interior Features: The condo includes practical and sought-after features such as in-unit laundry and two full bathrooms, adding significant convenience and functionality for residents.
Broad Market Appeal: Explicitly marketed as a 'Perfect Starter Home or Investment Opportunity,' this property is positioned to attract a wide range of buyers, from first-time homeowners to savvy investors.
Cons
High Monthly Association Fee: The monthly association fee of $441 is substantial for a 921 sqft condo, which can significantly impact overall affordability and potential investment returns.
Property Age & Potential for Updates: Built in 1980, the property is over 40 years old. While the neighborhood is well-maintained, the unit itself may require updates to systems, fixtures, or aesthetics, which are not explicitly mentioned as completed.
Significant Price Discrepancy from Recent Sale: The current list price of $350,000 is $100,000 lower than its last recorded sale price of $450,000 in January 2024, raising questions about the property's current condition, market value, or other underlying factors.