
Escondido, California 92025
This Historic Spanish Revival Residence is a Strong Value Opportunity, listed at $850,000—positioned above the $780,263 Fair Market Value. While priced for its unique character, the property features a Good Condition Rating with significant capital improvements, including 18 Paid Solar Panels, a New Electrical Panel, and Split HVAC Units. The Mills Act eligibility provides a strategic path to long-term tax savings. With its Detached Garages and Covered Patio, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 147 W 7th Avenue Subject | $850,000* List Price | 3 | 2 | 1,280 | $610 | - |
A 211 W 9th Ave Sold | $625,000 | 3 | 2 | 990 | $631 | 0.1 mi |
B 944 W 5th Avenue Sold | $789,999 | 3 | 2 | 1,244 | $635 | 0.7 mi |
C 159 W 5th Ave Sold | $670,000 | 2 | 2 | 937 | $715 | 0.2 mi |
D 1305 Kiso Glen Sold | $690,000 | 3 | 3 | 1,216 | $567 | 1.0 mi |
E 940 S Upas St Sold | $799,000 | 3 | 2 | 1,246 | $641 | 0.8 mi |
F 135 E 10th Sold | $985,000 | 3 | 2 | 1,670 | $590 | 0.2 mi |
G 610 W 11th Avenue Active | $749,900 List Price | 3 | 2 | 1,444 | $519 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1926, the property has undergone significant recent updates that make it move-in ready. Key improvements include a brand-new electrical panel with updated wiring, new split HVAC units in all main rooms, a newer roof, and solar panels. The kitchen features modern appliances and the original hardwood floors are well-maintained, though some finishes like the bathroom tile and vanities appear to be from an older renovation cycle (10-15 years), placing it firmly in the 'Good' category.
As a designated historic home, the property qualifies for the Mills Act, offering significant potential property tax savings of up to one-third while preserving its unique 1926 Spanish Revival character.
The home features extensive capital improvements including 18 fully paid solar panels, a brand-new electrical panel with updated wiring, and efficient split AC/heating units in every room for modern comfort.
The property boasts two detached garages with a dedicated workspace, a backyard bar, and a large covered patio, providing exceptional utility and entertainment space rarely found in historic lots.
The assigned public schools, including Central Elementary and Orange Glen High, carry lower performance ratings, which may be a drawback for education-focused families.
At 1,280 square feet for a three-bedroom, two-bathroom residence, the interior living space may feel somewhat constrained for buyers accustomed to more expansive modern floor plans.
Charming Spanish Revival Gem in Historic Old Escondido! The Trussell House, a Historic home seeped in history going back to the early days of Escondido and the San Pasqual Valley. Discover elegance in this beautifully maintained single-level home, ideally situated in the heart of Historic Old Escondido. Gleaming original hardwood floors flow throughout, showcasing three generously sized bedrooms and two full bathrooms designed for comfortable, effortless living. The thoughtfully upgraded kitchen features modern appliances perfect for everyday cooking and entertaining, while a brand-new electrical panel and fully updated wiring throughout provide lasting peace of mind. Stay comfortable in every season with efficient split AC/heating units installed in each bedroom and living space, complemented by 18 fully paid solar panels for exceptional energy efficiency and savings. Both the home and detached garages boast a newer roof, adding durability and enhanced curb appeal. Step outside to your private oasis—unwind under the expansive covered patio, get creative in the versatile workspace of one of two detached garages, or gather with friends at the delightful backyard bar. Additional off-alley parking offers two more spaces, ensuring ample room for vehicles, hobbies, or storage. This exceptional property also qualifies for the Mills Act, paperwork at the city for approval, offering potential property tax savings of up to one-third—an incredible bonus for the savvy buyer. Perfectly centrally located within charming Historic Downtown Escondido, this home offers the ideal blend of classic character, modern upgrades, and unbeatable convenience. A rare opportunity you won't want to miss!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,280 | 2,028 |
| Lot Size | 7,000 | 10,454.4 |
| Price | $850.0K | $936.5K |
| Price per sq ft | $664 | $486 |
| Built year | 1926 | 1985 |
| HOA | $0 | $225 |
| Days on market | 13 | 46 |
Jul 9, 2026
$850,000
Initial Listing
May 1, 2020
$507,000
Public Record