NOT LISTED FOR SALE

1202 Merced St Madera, CA 93638

North Madera Neighborhood

Estimated Value: $275,000 - $311,137

3 Beds
2 Baths
1,024 Sq Ft
$284/Sq Ft Est. Value

Last Sold October 01, 2015

Last sale price $119,000 $116 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $1,840/month

69 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Refrigerated and Evaporative Cooling System
  • Ranch Style House
  • Covered Patio or Porch
  • Carpet

About This Home

As of October 2015

Great corner lot located in Madera. This 3 bedroom 2 bath home has a two car garage on 8,093 sq ft lot. The back yard has a covered patio along with pool, that needs TLC. Great starter home or investment property.

Last Agent to Sell the Property

Maurice Gonzales

Iron Key Real Estate License #01390928 Listed on: 04/14/2015

Iron Key Real Estate

Last Buyer's Agent

Gregory Kosareff

Realty Concepts, Ltd. - Fresno License #01195078

Realty Concepts, Ltd. - Fresno

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 8,093 Sq Ft Lot
  • Corner Lot

Home Design

  • 1,024 Sq Ft Home
  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Additional Features

  • Laundry in Garage
  • Refrigerated and Evaporative Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 116.21
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1954

Interior Features

  • Flooring: Carpet, Vinyl
  • Bathrooms: 2.00
  • Bedrooms: 3
  • Laundry: In Garage
  • Square Footage: 1024.00

Exterior Features

  • Roofing: Composition
  • Pool Type: In Ground
  • Exterior: Stucco
  • Foundation: Concrete
  • Patio: Covered
  • Pool: Yes

Utilities

  • Heating And Cooling: Evaporative Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.1858
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 8093.00
  • Price Per Acre: 640473.63

Building Info

  • Year Built: 1954

MLS Schools

  • School District: Madera Unified
  • School Type: High School
  • School Name: Madera
  • School Type: Junior High School
  • School Name: Jack G. Desmond
  • School Type: Grade School
  • School Name: James Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Sep 18, 2015
Sold by
Sandoval Betzabel Mendoza
Bought by
Salgado Eduardo Cortez
Seller's Agent
Maurice Gonzales
Iron Key Real Estate
Buyer's Agent
Gregory Kosareff
Realty Concepts, Ltd. - Fresno
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$290,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,534
Avg. Annual Appreciation
9.06%
Original Mortgage
$116,844
Outstanding Balance
$92,548
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$197,986

Purchase Details

Closed on
Jun 26, 2015
Sold by
Marin Manolo
Bought by
Salgado Eduardo Cortez

Purchase Details

Closed on
Jan 23, 2007
Sold by
Marin Stacey
Bought by
Marin Manolo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salgado Eduardo Cortez -- Chicago Title Company
Salgado Eduardo Cortez $119,000 Chicago Title Company
Marin Manolo -- Chicago Title Company
Marin Manolo $125,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salgado Eduardo Cortez $116,844
Previous Owner Marin Manolo $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Sold $119,000 0.0% $116 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $119,000 -- $116 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $4,029 $140,865 $29,591 $111,274
2024 $4,029 $138,104 $29,011 $109,093
2023 $3,990 $135,397 $28,443 $106,954
2022 $3,921 $132,743 $27,886 $104,857
2021 $3,887 $130,141 $27,340 $102,801
2020 $3,913 $128,807 $27,060 $101,747
2019 $3,890 $126,282 $26,530 $99,752
2018 $3,772 $123,807 $26,010 $97,797
2017 $1,399 $121,380 $25,500 $95,880
2016 $1,365 $119,000 $25,000 $94,000
2015 $937 $82,492 $37,496 $44,996
2014 $819 $75,681 $34,400 $41,281
Source: Public Records

Agents Affiliated with this Home

  • Maurice Gonzales

    Seller's Agent in 2015

    Maurice Gonzales

    Iron Key Real Estate

    (559) 288-1904

    153 Total Sales

    Maurice Gonzales
    Section Image
  • Gregory Kosareff

    Buyer's Agent in 2015

    Gregory Kosareff

    Realty Concepts, Ltd. - Fresno

    (559) 960-5628

    1 in this area

    147 Total Sales

    Gregory Kosareff
    Section Image
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Map

Source: Fresno MLS

MLS Number: 443276

Fresno MLS

APN: 005-093-007

California Madera County Madera 93638 North Madera

1202 Merced St, Madera, CA

Not Listed for Sale

Detached

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