bear valley parkway & birch avenue | escondido, ca€¦ · by accepting this marketing brochure...
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bear valley parkway & birch avenue | escondido, ca
MATT [email protected] Lic#01367183
AL [email protected] Lic#01323215
ALEXANDER [email protected] Lic#02030313
approved 4 lot tentative map
o Approximately 4.6 Gross Acres o Maximum Lot Size 1 Acre o Area of New Home Values Between $700,000 to $950,000 o Tentative Map Approved through May 9, 2021
ASKING PRICE: $599,000
SUBJECTSUBJECT PROPERTYPROPERTY
Idaho Ave
Idaho Ave
Birch AveBirch Ave Bear Valley PkwyBear Valley Pkwy
22
LEE & ASSOCIATES HEREBY ADVISES ALL PROSPECTIVE PURCHASERS AS FOLLOWS:
The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not and will not verify any of this information, nor has Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.
As the Buyer of real estate, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this opportunity. Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance or value of this property. The value of the property to you depends on factors that should be evaluated by you and your tax, financial, consultants and legal advisors. Buyer and Buyer’s tax, financial, legal, consultants and all advisors should conduct a careful, independent investigation of any property to determine to your satisfaction the suitability of the property for your needs.
Like all real estate, this property carries significant risks. Buyer and Buyer’s consultants, legal and financial advisors must request and carefully review all legal and documents related to the property. Any info provided including fees and costs are not guaranteed and should be verified by Buyer. These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any potential development or use of the property. By accepting this Marketing Brochure you agree to release Lee & Associates and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.
contents4 aerials
7 location map
8 property information
9 development impact fees
10 document links
11 tentative map
12 plat map
13 sale comparables
15 education
16 demographics
aerial
4
NN
SUBJECTSUBJECT PROPERTYPROPERTY
Bear Valley Pkwy
Bear Valley Pkwy
Birch AveBirch Ave
aerial
5
NN
SUBJECTSUBJECT PROPERTYPROPERTY
Bear Valley Pkwy
Bear Valley Pkwy
Birch Ave
Birch Ave
aerial
6
SUBJECTSUBJECT PROPERTYPROPERTY
Bear Valley Pkwy
Bear Valley Pkwy
Birc
h A
veBi
rch
Ave
NN
OCEANSIDE
SAN CLEMENTE
CARLSBAD
ENCINITAS
SOLANA BEACH
DEL MAR
LA JOLLA
OCEAN BEACH
SAN DIEGO
CORONADO
CHULA VISTA
EL CAJON
LA MESA
ESCONDIDO
RAMONA
POWAY
ALPINE
SANTA YSABEL
JULIAN
SANTA ROSA & SAN JACINTO MOUNTAINS
MT LAGUNA
PINE VALLEY
BOULEVARD
OCOTILLO
MURRIETA
TEMECULA
SALTON CITY
VISTA
PALOMAR MOUNTAIN
CLEVELAND NATIONAL
FOREST
ANZA BORREGO DESERT STATE
PARK
USA/MEXICO BORDER
BORREGOSPRINGS
SANMARCOS
777
N
location map
subjectproperty
Idaho Ave
Citru
s Ave
Bea
r Val
ley
Pkw
y
Birch Ave
sale comparables
8
property information
location:The property is positioned on the southwest intersection of Bear Valley Parkway and Birch Avenue in Escondido. Less than 1 mile east of the 78 and less than 4 miles east of Interstate 15, this property has convenient access to major employment centers in both Riverside and San Diego County. With schools, parks, and retail nearby, this site is ideally positioned for a residential builder.
jurisdiction:County of San Diego
apn:234-120-66-00
acreage:Approx. 4.6
zoning:A-70
general plan:Semi-Rural Residential (SR-1, Max 1 DU/Acre)
topography:Flat
project status:On May 9, 2018, the County of San Diego Planning & Development Services Department approved the 4 lot Tentative Subdivision Map, with minimum lot sizes of 1 acre. The Tentative Map will expire unless extended by May 9, 2021.
impact fees:Approx. $33,637 per lot (4 lots)
school district: Escondido Union School District
services:Gas/Electric SDG&EWater City of EscondidoSewer Private SepticFire Escondido Fire DepartmentPolice San Diego County Sheriff’s Department
PRICE:$599,000
Bear Valle
y Pkwy
Bear Valle
y Pkwy
Birch Ave
Birch Ave
9
development impact fees
Amount$12,736$4,690$5,301$147
$0$6,162$4,601
$33,637
*Water Connection Fee (based on minimum 3/4” meter)
Estimated Development Impact FeesPer Approximate 3,200 SF Residence
ItemSchool Fee ($3.98/SF)
Notes:*Assumes a 3/4" water meter
**Project does not have sewer. Private septic systems planned.
TOTAL PER SFD
*SDCWA Capacity Fee*SDCWA Water Treatment Fee**Sewer Connection FeePark FeeTraffic Impact Fee (North County Metro - Non-Village)
10
document links
BIOLOGICAL RESOURCES LETTER REPORT
CEQA DRAINAGE STUDY, PDP, SWQMP & CIVIL ENGINEER STATEMENT
CLEAR SPACE EASEMENT
GENERAL PLAN LAND USE
NOISE REPORT
PHASE I AND LIMITED PHASE II ENVIRONMENTAL SITE ASSESSMENT
RECORDED EASEMENT SETTLEMENT
TENTATIVE PARCEL MAP FINAL NOTICE OF APPROVAL
ZONING INFORMATION
click to view document links
11
tentative map
12
plat mapTax Map Bear Valley Pkwy, Escondido, CA 92027
Tax Map Bear Valley Pkwy, Escondido, CA 92027 4/1/2020 Page 1 (of 1)
©2005-2020 First American Financial Corporation and/or its affiliates. All rights reserved.
Limitation of Liability for Informational ReportIMPORTANT – READ CAREFULLY:THIS REPORT IS NOT AN INSURED PRODUCT OR SERVICE OR A REPRESENTATION OF THE CONDITIONOF TITLE TO REAL PROPERTY. IT IS NOT AN ABSTRACT, LEGAL OPINION, OPINION OF TITLE, TITLE INSURANCE COMMITMENT ORPRELIMINARY REPORT, OR ANY FORM OF TITLE INSURANCE OR GUARANTY. THIS REPORT IS ISSUED EXCLUSIVELY FOR THE BENEFITOF THE APPLICANT THEREFOR, AND MAY NOT BE USED OR RELIED UPON BY ANY OTHER PERSON. THIS REPORT MAY NOT BEREPRODUCED IN ANY MANNER WITHOUT FIRST AMERICAN’S PRIOR WRITTEN CONSENT. FIRST AMERICAN DOES NOT REPRESENT ORWARRANT THAT THE INFORMATION HEREIN IS COMPLETE OR FREE FROM ERROR, AND THE INFORMATION HEREIN IS PROVIDEDWITHOUT ANY WARRANTIES OF ANY KIND, AS-IS, AND WITH ALL FAULTS. AS A MATERIAL PART OF THE CONSIDERATION GIVEN INEXCHANGE FOR THE ISSUANCE OF THIS REPORT, RECIPIENT AGREES THAT FIRST AMERICAN’S SOLE LIABILITY FOR ANY LOSS ORDAMAGE CAUSED BY AN ERROR OR OMISSION DUE TO INACCURATE INFORMATION OR NEGLIGENCE IN PREPARING THIS REPORTSHALL BE LIMITED TO THE FEE CHARGED FOR THE REPORT. RECIPIENT ACCEPTS THIS REPORT WITH THIS LIMITATION AND AGREESTHAT FIRST AMERICAN WOULD NOT HAVE ISSUED THIS REPORT BUT FOR THE LIMITATION OF LIABILITY DESCRIBED ABOVE. FIRSTAMERICAN MAKES NO REPRESENTATION OR WARRANTY AS TO THE LEGALITY OR PROPRIETY OF RECIPIENT’S USE OF THEINFORMATION HEREIN.
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new home sale comparables
project name: Andalucia Contessa Oak Creek Whittingham Winchester
builder name: Lennar Lennar KB Home Lennar Lennar
city: Escondido Escondido Escondido Escondido Escondido
open date: 5/30/2015 5/25/2019 8/24/2019 12/16/2017 9/19/2019
product type: Detached Detached Detached Detached Detached
typical lot size: 5,460 6,500 10,000 13,200 14,000
min unit size: 2,980 2,952 2,066 3,183 3,743
max unit size: 3,640 3,465 2,745 4,155 4,243
min. price: $700,900 $772,900 $758,490 $865,900 $831,900
max. price: $839,900 $823,900 $828,490 $943,900 $918,900
min. $/sf: $230.74 $237.78 $301.82 $227.17 $216.57
max. $/sf: $235.20 $261.82 $367.13 $272.04 $222.25
total units planned:
129 56 65 120 63
total units sold: 126 25 5 69 12
total remaining: 3 31 60 51 51
zip code: 92029 92029 92029 92029 92029
sale comparables
14
resale comparables
Information Provided Courtesy Of:DRE Lic#: CA
Search Criteria:Albert Apuzzo01323215
760-929-9700
Lee & Associates - Office: 760-929-9700©CRMLS and ©SDMLS. Information is believed to be accurate, but shall not be relied upon
Class=RE,RI,LN,RT,TS,RN,HO,MH,OF,BO,LR ANDMLS=180035927,190002330,190020026,190042564,190052099
03/09/2020 08:45 AM
CMA Summary Report
RESIDENTIAL Summary Statistics
High Low Average MedianLP:$1,035,900 $724,450 $895,955 $898,000SP:$1,035,000 $715,000 $876,656 $878,280
RESIDENTIAL - Sold Number of Properties: 5
Num MLS # Status Style FllAdd ZipArea Beds TotB COEDate LotSFApx EstSF DOM LP LP/EstSF SP SP/EstSF1 180035927 SOLD DET 1810 W El Norte Pkwy ESCONDIDO (92026) 4 5 9/6/2018 2,754 60 $699,990 - $724,450 $263.05 $715,000 $259.622 190042564 SOLD DET 1504 Vista Verde ESCONDIDO (92026) 4 5 10/31/2019 29,822 4,115 10 $945,528 $229.78 $905,000 $219.933 190052099 SOLD DET 1293 Palomar Circle ESCONDIDO (92027) 4 4 11/1/2019 23,566 2,935 17 $898,000 $305.96 $850,000 $289.614 190002330 SOLD DET 22029 Gallop Way ESCONDIDO (92029) 4 4 5/31/2019 39,900 3,183 87 $875,900 $275.18 $878,280 $275.935 190020026 SOLD DET 22078 Gallop Way ESCONDIDO (92029) 4 4 6/7/2019 39,900 3,183 22 $1,035,900 $325.45 $1,035,000 $325.16
Avg 4 4 33297 3234 39 $895,956 $279.88 $876,656 $274.05
Min 4 4 23566 2754 10 $724,450 $229.78 $715,000 $219.93
Max 4 5 39900 4115 87 $1,035,900 $325.45 $1,035,000 $325.16
Med 4 4 34861 3183 22 $898,000 $275.18 $878,280 $275.93
15
education
2
1
3
Bear Valley Middle School3003 Bear Valley PkwyEscondido, CA 92025
788 API
Orange Glen High School 2200 Glen Ridge RoadEscondido, CA 92027
725 API
L R Green Elementary School3115 Las Palmas AvenueEscondido, CA 92025
867 API
LR Green Elementary School is highly sought-after and one of the most distinguished schools in Escondido.
subjectsubjectpropertyproperty
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3
escondido union high school district
escondido union school district
EUHSD is proud to not only have one of the county’s oldest schools (Escondido High, founded in 1894), but one of the newest campuses (Del Lago Academy, opened in Fall 2013). For over 120 years, generations of students have been inspired, guided and at times gently nudged to reach for the stars. Whether in the classroom, library, Learning Center, lunch room or on the field, every student deserves the chance to develop knowledge and skills that will prepare them for a successful future. With Advanced Placement, Independent Study, after school enrichment, career exploration, and college/career technical programs available on every campus, opportunities are abundant. No matter which campus you choose (Escondido, Orange Glen, San Pasqual, Valley or Del Lago Academy) you will find a unique learning environment in which students can truly thrive.
The Escondido Union School District (EUSD) is a school district that serves the city of Escondido, California. The district serves over 17,000 elementary and middle school students with a student to teacher ratio of 19.6 to 1. The district contains 5 middle schools, 17 elementary schools, and one specialty school.
Source: https://eusd.org/Source: https://www.euhsd.org/
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2019 demographics
population
14,137
average household income
$98,166
median household income
$76,523
total employees
1,191 total employees
42,405 total employees
70,611
estimated households
4,503 estimated households
37,285estimated households
58,330
average household income
$84,295
median household income
$72,803
average household income
$90,262
median household income
$77,843
population
124,361population
180,344
5 miles3 miles1 mile
Lee & Associates, Inc - North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com/sandiegonorth
for more information, please contact
MATT [email protected] Lic#01367183
AL [email protected] Lic#01323215
ALEXANDER [email protected] Lic#02030313