240 W Lincoln Ave 16, Escondido, California 92026, Escondido, 92026 - 2 bed, 2 bath
ACTIVE$375,000
240 W Lincoln Ave 16, Escondido, California 92026
2Beds
2Baths
873Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Extensive Modern Upgrades: The unit has been thoroughly upgraded with a new kitchen (cabinets, granite counters, stainless steel appliances), new plumbing fixtures, LED lighting, faux wood blinds, and designer wood/tile flooring, making it move-in ready.
Top Cons:
High Monthly Association Fee: The property carries a substantial monthly association fee of $505.0, which significantly adds to the overall cost of ownership.
Compared to the nearby listings
Price:$375.0K vs avg $500.0K ($-125,000)17%
Size:873 sqft vs avg 1,071 sqft41%
Price/sqft:$430 vs avg $47221%
More Insights
Built in 1978 (47 years old).
Condition: Despite being built in 1978, this property has undergone a recent and extensive 'top-down' renovation. The kitchen features new white shaker cabinets, modern quartz-like countertops, and new stainless steel appliances (range, microwave, refrigerator). The unit boasts new wood-look laminate and tile flooring throughout, fresh paint, new plumbing fixtures, and ceiling LED lights. The bathroom also appears updated with a new tub/shower insert and modern fixtures. The overall condition reflects a property that is virtually new inside, meeting current quality standards with no visible deferred maintenance.
Year Built
1978
Close
-
List price
$375K
Original List price
$425K
Price/Sqft
$430
HOA
$505
Days on market
-
Sold On
-
MLS number
250030708SD
Home ConditionExcellent
Features
Deck
View-
About this home
GATED COMMUNITY.Welcome to Sunridge, prime Escondido Community. Great Central location with easy access to freeways ,shopping and all. The unit is located on second floor and offer more privacy. Close to pool and clubhouse. The unit has been upgraded topdown with new kitchen Cabinets, granite counters including new stainless steal appliances.All upgraded and freshly painted . In unit washer dryer hook-up makes it really convenient for the laundry. The unit is also upgraded with new plumbing fixtures, ceiling LED lights, faux wood blind window coverings,All designer wood and tile floors combination is great. Must see .
Condition Rating
Excellent
Despite being built in 1978, this property has undergone a recent and extensive 'top-down' renovation. The kitchen features new white shaker cabinets, modern quartz-like countertops, and new stainless steel appliances (range, microwave, refrigerator). The unit boasts new wood-look laminate and tile flooring throughout, fresh paint, new plumbing fixtures, and ceiling LED lights. The bathroom also appears updated with a new tub/shower insert and modern fixtures. The overall condition reflects a property that is virtually new inside, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Extensive Modern Upgrades: The unit has been thoroughly upgraded with a new kitchen (cabinets, granite counters, stainless steel appliances), new plumbing fixtures, LED lighting, faux wood blinds, and designer wood/tile flooring, making it move-in ready.
Prime Central Location: Located in a 'prime Escondido Community' with excellent central access to freeways, shopping, and essential services, enhancing convenience for residents.
Gated Community & Enhanced Privacy: Situated within a secure gated community, and its second-floor location offers additional privacy and reduced foot traffic.
Convenient In-Unit Laundry: Features in-unit washer/dryer hook-ups, providing a highly convenient amenity for condo living.
Access to Community Amenities: The unit is conveniently close to the community pool and clubhouse, offering easy access to recreational facilities.
Cons
High Monthly Association Fee: The property carries a substantial monthly association fee of $505.0, which significantly adds to the overall cost of ownership.
Recent Price Reduction: The listing has seen a significant price reduction from $425,000 to $375,000, potentially indicating market resistance or initial overpricing.
Older Building Age: Built in 1978, the building is over 45 years old, which could lead to higher maintenance costs or potential special assessments for common area repairs in the future, despite the unit's interior upgrades.