475 Midway Dr #254
DEscondido, CA 92027
Soft Appraisal Value: $439,200 · 3.2% below estimate
Beds
2
Baths
2
Sqft
964
Year Built
1979
Days on Market
18
Property Type
Condo
HOA/mo
$400
MLS ID
260006358SD
Description
Step into this inviting upper-level condo located in the gated community of Midway North in Escondido. Featuring 2 bedrooms and 2 bathrooms, this light-filled home offers a spacious and functional layout with thoughtful updates throughout, including newer HVAC and appliances. The open-concept living and dining areas create a seamless flow, ideal for both relaxing and entertaining, while the elevated position on the 2nd floor provides added privacy and natural light. A standout feature of the home is the eye-catching rock fireplace in the living room, bringing a touch of natural texture and warmth that creates a cozy, cabin-like feel right at home. Residents enjoy access to community amenities such as a two pools, grill areas, gated community, laundry room, all within close proximity to shopping, schools, dining, and major commuter routes. HOA to include exterior building maintenance, water, trash pick up, sewer, two designated parking spots, and landscape. This is a fantastic opportunity for homeowners and investors alike to purchase in a centrally located North County neighborhood. Upstairs unit in a gated community with access to pool. HOA includes common area maintenance (buyer to verify all HOA details, fees, and restrictions). Unit features updated appliances, newer HVAC system, and a well-designed floor plan. Assigned parking with additional guest parking available. Laundry in unit and community. Centrally located near shopping, dining, and major commuter routes. All information deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information, including square footage, HOA, permits, and condition prior to COE.
Mortgage Calculator
Est. Monthly Payment
$3,098
Comparable Properties
5 comps foundThis Property
$2,331
Comp Average
$2,032
475 Midway Drive
2bd / 1ba · 828 sqft · Condo
$335K
Est. $2,000/mo
1811 Grand Ave
2bd / 2ba · 979 sqft · Condo
$338K
Est. $2,197/mo
1817 Grand Avenue
2bd / 2ba · 979 sqft · Condo
$310K
Est. $2,015/mo
2094 Grand Ave
2bd / 2ba · 959 sqft · Condo
$339K
Est. $2,204/mo
1811 Grand Avenue
1bd / 1ba · 709 sqft · Condo
$275K
Est. $1,742/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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