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$1,559,000

Beds
4
Baths
3.0
sq ft
2,374

1971 Vermel Ave, Escondido, CA 92029

1971 Vermel Ave

Escondido, CA 92029

  • 36 days on market
Welcome to your dream home and then some! This stunning meticously renovated, single-level ranch-style home sits on an expansive corner lot, featuring a grand circular driveway and a 2- car garage spanning over half an acre, offering the perfect balance of comfort, style, privacy and endless possibilities. The open, airy, and spacious layout invites you in and is designed for modern living. Just off the main area leading out to the pool is a bonus room with vaulted ceiling and custom built-in shelves perfect for a home office, playroom, or cozy TV lounge—tailor it to fit your lifestyle. This single story beauty features 3 BD & 2BA. Retreat to the spacious primary suite, where a luxurious en-suite bath awaits, enjoy dual shower heads and a free-standing soaking tub, creating a spa-like escape and tranquility from the hustle and bustle of daily life. The expansive, enclosed backyard is a true outdoor oasis, featuring a newly refinished pool, a charming pergola and adjacent fire pit for the perfect setting for relaxing or hosting gatherings. Next comes the charming fully equipped ADU—with its own private entrance, bathroom, and full mini kitchen and a private cozy pergola covered outdoor garden patio it is perfect for extended family, guests, or as a rental income, offering a 4th bedroom and additional bathroom for extra flexibility and versatility. AND THEN SOME... A MULTI-GENERATIONAL ESTATE IN WAITING, THIS IMPRESSIVE PROPERTY INCLUDES PROFESSIONALLY DESIGNED PLANS AND APPROVED PERMITS FOR AN ADDITIONAL 2BD/2BA 1000sq ft SANTA BARBARA RANCH STYLE ADU HOME

Details

Property type

Single Family Residence

Est. home value

$1,289,713

Lot size

Unknown

Price per sq ft

$657

Year built

1960

Price History

02/25/2025
SanDiego

SanDiego #250020550

Listed
$1,559,000
+25.22%
01/12/2024
CRMLS

CRMLS #SW23213122

Sold
$1,245,000
+72.2%
06/13/2023
CRMLS

CRMLS #SW23085068

Sold
$723,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$890,518
Asking price
$1,559,000
Closing costs (~8% of asking)
-$124,720
Est. remaining loan balance
-$543,762
Cash to seller
$890,518

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

December 2023

Original loan amount

$550,000

Est. remaining balance

$543,762

Interest rate

7.63%

Loan type

New Conventional, 30 year

Seller

Saverio R Barbiere and Elke R Barbiere

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 11:55 PM

Listing updated: 03/29/2025 at 11:51 AM

Listed by: Shauna Shoop, Shauna Shoop, Christie's International Real Estate Sereno Phone #: (408) 335-1400

MLS: SanDiego #250020550

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