159 W 5th Ave, Escondido, California 92025, Escondido, 92025 - 2 bed, 2 bath
ACTIVE$699,000
159 W 5th Ave, Escondido, California 92025
2Beds
2Baths
937Sqft
7,000Lot
Price Vs. Estimate
The estimated value ($630,791.185) is $68,208.815 (9%) lower than the list price ($699,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Walkability: Located in a Historic District on a corner lot, directly across from Central Elementary and within a short walk to shops, coffee, and restaurants, offering excellent convenience and neighborhood appeal.
Top Cons:
Compact Interior Square Footage: With 937 sqft, the interior living space is relatively small, which may not suit buyers looking for more expansive living areas or accommodating larger families.
Compared to the nearby listings
Price:$699.0K vs avg $920.0K ($-221,000)18%
Size:937 sqft vs avg 1,986 sqft6%
Price/sqft:$746 vs avg $51195%
More Insights
Built in 1918 (107 years old).
Condition: Despite its 1918 build year, this Craftsman home has undergone extensive and recent renovations, including a new kitchen with modern white shaker cabinets, quartz countertops, and new stainless steel appliances. Major systems such as electrical, central heating and cooling, windows, and the sewer line have also been replaced, indicating a high level of maintenance and functionality. The living areas and bedrooms feature well-maintained hardwood floors and recessed lighting. However, the main bathroom, while clean and functional, features a dated wood vanity, light fixture, and flooring, which prevents an 'Excellent' rating. Overall, the property is move-in ready with significant modern updates to critical components.
Year Built
1918
Close
-
List price
$699K
Original List price
$750K
Price/Sqft
$746
HOA
-
Days on market
-
Sold On
-
MLS number
250041990SD
Home ConditionGood
Features
Patio
View-
About this home
Craftsman home in Historic District. Corner lot across from Central Elementary and a short walk to shops, coffee, restaurants and fun. Enjoy period charm with modern convenience. Home has been remodeled with new kitchen; new electric service and panel, new central heating and cooling, new windows, new sewer line and a whole house fan. Fenced rear lot is part of this property and available for development or can park four cars inside gates. Alley access to rear lot makes it ideal for future development. Some images have been digitally staged.
Nearby schools
3/10
Central Elementary School
Public,•K-5•0.1mi
4/10
Felicita Elementary School
Public,•K-5•0.8mi
4/10
Juniper Elementary School
Public,•K-5•1.1mi
4/10
Farr Avenue Elementary School
Public,•K-5•1.5mi
4/10
Pioneer Elementary School
Public,•K-5•1.5mi
4/10
Mission Middle School
Public,•6-8•1.2mi
5/10
Del Dios Middle School
Public,•6-8•1.3mi
5/10
Bear Valley Middle School
Public,•6-8•2.7mi
7/10
Quantum Academy
Public,•4-8•3.2mi
5/10
Escondido High School
Public,•9-12•2.0mi
4/10
Orange Glen High School
Public,•9-12•2.6mi
6/10
San Pasqual High School
Public,•9-12•3.0mi
Condition Rating
Good
Despite its 1918 build year, this Craftsman home has undergone extensive and recent renovations, including a new kitchen with modern white shaker cabinets, quartz countertops, and new stainless steel appliances. Major systems such as electrical, central heating and cooling, windows, and the sewer line have also been replaced, indicating a high level of maintenance and functionality. The living areas and bedrooms feature well-maintained hardwood floors and recessed lighting. However, the main bathroom, while clean and functional, features a dated wood vanity, light fixture, and flooring, which prevents an 'Excellent' rating. Overall, the property is move-in ready with significant modern updates to critical components.
Pros & Cons
Pros
Prime Location & Walkability: Located in a Historic District on a corner lot, directly across from Central Elementary and within a short walk to shops, coffee, and restaurants, offering excellent convenience and neighborhood appeal.
Extensive Modern Renovations: The home has undergone significant upgrades including a new kitchen, new electric service and panel, new central heating and cooling, new windows, and a new sewer line, providing modern comfort while retaining period charm.
Development Potential / Flexible Lot Use: The fenced rear lot, part of the property, offers alley access and is available for future development or can accommodate parking for four cars, adding significant value and versatility.
Desirable Architectural Style: As a Craftsman home in a historic district, the property possesses a sought-after architectural style and character that appeals to a specific buyer segment.
Recent Price Reduction: The listing price has been reduced multiple times from $750,000 to $699,000, potentially indicating a motivated seller and a more competitive price point for buyers.
Cons
Compact Interior Square Footage: With 937 sqft, the interior living space is relatively small, which may not suit buyers looking for more expansive living areas or accommodating larger families.
Digitally Staged Images: The use of digitally staged images in the listing may create potentially misleading expectations regarding the actual size or feel of the rooms, requiring buyers to verify in person.
Lower-Rated Local Schools: The closest elementary school (Central Elementary) has a rating of 3, and other nearby elementary schools are rated 4, which could be a drawback for families prioritizing top-tier public education.