NOT LISTED FOR SALE
5 Beds
5 Baths
3,800 Sq Ft
8,750 Sq Ft Lot

Sale Details

Date Sold: April 25, 2023

Last sale price $490,000 $129 Per Sq Ft

32 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Heating Available

About This Home

As of April 2023

Wonderful units in Madera. Located in a great part of town with close proximity to major shopping, schools and Freeway. The first unit is a 2 bed 2 bath SFR with a garage and has been recently remodeled. The others are mix of 2 bed and 1 Bed Freestanding buildings. Current lease income is below market rent from a recent survey of comparable properties in the area. Lots of potential.There are 2 addresses, 114 S Madera Ave and 116 S Madera.

Last Agent to Sell the Property

Moe Essa

MBB Group License #01303281 Listed on: 02/20/2023

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 8,750 Sq Ft Lot

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • 5 Units
  • Gross Income $507,000

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

8,750 Sq Ft Lot

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 128.95
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1933

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 5
  • Square Footage: 3800.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Both

Garage/Parking

  • Additional Parking: Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool, Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2009
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8750.00
  • Price Per Acre: 2439024.39

Building Info

  • Year Built: 1933

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 507000.00
  • IncomeIncludes: Unit Rent
  • Total Units: 5

MLS Schools

  • School District 2: Madera Unified

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Apr 18, 2023
Sold by
Bought by
Seller's Agent
Moe Essa
MBB Group
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$530,000
Sold Price
$490,000
Premium/Discount to List
-$40,000
-7.55%
Views
111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
3.84%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$390,000 Chicago Title Company
$465,000 Chicago Title Company
$175,000 Chicago Title Company
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $341,250
Closed $320,000
Previous Owner $158,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2023 04/25/23 Sold $490,000 -7.5% $129 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $530,000 0.0% $139 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $530,000 -- $139 / Sq Ft
Source: Fresno MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $4,552 $403,258 $84,896 $318,362
2025 $4,586 $395,352 $83,232 $312,120
2023 $4,586 $346,800 $61,200 $285,600
2022 $3,914 $340,000 $60,000 $280,000
2021 $1,886 $162,448 $34,808 $127,640
2020 $1,921 $160,784 $34,452 $126,332
2019 $1,907 $157,632 $33,777 $123,855
2018 $1,760 $154,542 $33,115 $121,427
2017 $1,739 $151,513 $32,466 $119,047
2016 $1,696 $148,543 $31,830 $116,713
2015 $1,662 $146,312 $31,352 $114,960
2014 $1,552 $143,447 $30,738 $112,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 590890

Fresno MLS

APN: 010-213-003

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