NOT LISTED FOR SALE

1250 E Madison Ave Unit A El Cajon, CA 92021

Estimated Value: $468,000 - $505,000

2 Beds
2 Baths
1,088 Sq Ft
$520/ mo HOA Fee

Last Sold March 29, 2024

Last sale price $510,000 $469 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,574/month

1 Day on Market

Highlights

  • Neighborhood Views
  • Laundry Room
  • No Heating
  • Community Pool
  • Central Air
  • 5-minute walk to Wells Park

About This Home

As of March 2024

Step into this immaculate 2 bed, 2 bath condo in the rarely available Barbara Terrace community. The expansive 1088 sq ft corner unit features lofty ceilings adorned with exposed beams and shares just one wall with the neighboring home. Enjoy the ambiance of a lavish gas fireplace in the living room, along with private enclosed outdoor space for quality time with family and friends. This unit has 2 patios! Other highlights include ceiling fans, engineered hardwood flooring in the bedrooms, a reserved carport space, and a sizable storage unit housing your washer and dryer to minimize in-home laundry noise (alternatively, there's a washer/dryer hookup on the outdoor patio area). The community offers a generous pool, a clubhouse, a half basketball court, 2 dog runs, and convenient proximity to the 8 freeway, local parks, and essential amenities. Welcome home!

Last Agent to Sell the Property

Angel Flores

ShoppingSDHouses License #02084170 Listed on: 03/04/2024

ShoppingSDHouses

Last Buyer's Agent

Jose Cabarcas Guerra

Realty Source Incorporated License #02066100

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • No Common Walls

HOA Fees

  • $520 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 5556
  • Assessor Parcel Number 4893101108

Community Details

Overview

  • 2 Units
  • Barbara Terrace Association, Phone Number (619) 589-6222

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

5.04 Acres

HOA Fees

$520 per month

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4893101108
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1088.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 468.75
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 520.00
  • Association Fee Frequency: Monthly
  • Association Name: Barbara Terrace
  • Phone: 619-589-6222
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2

Tax Info

  • Tax Tract Number: 005556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 8, 2024
Sold by
Pastrana Arcy and Pastrana Jesica
Bought by
Herrera Edgar Giovanni
Seller's Agent
Angel Flores
ShoppingSDHouses
Buyer's Agent
Jose Cabarcas Guerra
Realty Source Incorporated
List Price
$499,999
Sold Price
$510,000
Premium/Discount to List
$10,001
2%
Views
102
Current Estimated Value
$484,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,889
Avg. Annual Appreciation
-2.60%
Original Mortgage
$520,965
Outstanding Balance
$512,525
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$28,414

Purchase Details

Listed on
Feb 23, 2022
Closed on
Mar 3, 2022
Sold by
Samuel Loya Jr
Bought by
Pastrana Arcy and Pastrana Jesica
Seller's Agent
Ben Lawson
Keller Williams Realty
Buyer's Agent
Angel Flores
ShoppingSDHouses
List Price
$419,000
Sold Price
$440,000
Premium/Discount to List
$21,000
5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$450,120
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Listed on
Aug 23, 2019
Closed on
May 26, 2020
Sold by
Murphy Haley
Bought by
Loya Samuel
Seller's Agent
Jesse Zagorsky
eXp Realty of California, Inc
Buyer's Agent
Carlos Simental
LPT Realty, Inc.
List Price
$295,000
Sold Price
$315,000
Premium/Discount to List
$20,000
6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%
Original Mortgage
$322,245
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Mar 5, 2018
Sold by
Aller Benjamin J
Bought by
Murphy Haley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2013
Sold by
Aller Benjamin J
Bought by
Benjamin T Aller Trust

Purchase Details

Closed on
Mar 15, 2012
Sold by
Fannie Mae
Bought by
Aller Benjamin J

Purchase Details

Closed on
Feb 16, 2012
Sold by
Aller Emelita
Bought by
Aller Benjamin L

Purchase Details

Closed on
May 16, 2011
Sold by
Davic John
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2004
Sold by
Hansen Jeffrey T
Bought by
Davic John

Purchase Details

Closed on
Sep 13, 2003
Sold by
Hansen Bernard Martin
Bought by
The Bernard Martin Hansen Family Trust

Purchase Details

Closed on
Aug 9, 2001
Sold by
Hansen Bernard
Bought by
George Loraine

Purchase Details

Closed on
Jul 6, 2001
Sold by
Hansen Nancy Lee
Bought by
Hansen Bernard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Herrera Edgar Giovanni $510,000 Lawyers Title Company
Pastrana Arcy $440,000 First American Title
Loya Samuel -- First American Title
Loya Samuel $315,000 Ticor Title
Murphy Haley $280,000 Ticor Title San Diego Branch
Benjamin T Aller Trust -- None Available
Aller Benjamin J $95,500 Commerce Title
Aller Benjamin L -- Commerce Title
Federal National Mortgage Association $229,606 Accommodation
Davic John $289,000 California Title Company
The Bernard Martin Hansen Family Trust -- --
George Loraine $39,000 --
Hansen Bernard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Edgar Giovanni $520,965
Previous Owner Pastrana Arcy $450,120
Previous Owner Loya Samuel $322,245
Previous Owner Murphy Haley $274,928
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $510,000 +2.0% $469 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $499,999 +13.6% $460 / Sq Ft
03/11/2022 03/11/22 Sold $440,000 +5.0% $404 / Sq Ft View Prior Sale
02/23/2022 02/23/22 For Sale $419,000 +33.0% $385 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
05/28/2020 05/28/20 Sold $315,000 +6.8% $290 / Sq Ft View Prior Sale
04/24/2020 04/24/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $295,000 -- $271 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,093 $520,199 $231,200 $288,999
2024 $6,093 $457,774 $203,455 $254,319
2023 $6,037 $448,799 $199,466 $249,333
2022 $4,435 $324,628 $144,279 $180,349
2021 $4,390 $318,263 $141,450 $176,813
2020 $3,468 $291,310 $64,732 $226,578
2019 $3,424 $285,599 $63,463 $222,136
2018 $1,320 $105,085 $23,351 $81,734
2017 $1,303 $103,026 $22,894 $80,132
2016 $1,252 $101,007 $22,446 $78,561
2015 $1,245 $99,490 $22,109 $77,381
2014 $1,222 $97,542 $21,676 $75,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2401207

California Regional Multiple Listing Service (CRMLS)

APN: 489-310-11-08

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