$390,000
SOLD FEB 21, 2025

154 N Madeira Ave Unit G Salinas, CA 93905

East Salinas Neighborhood
2 Beds
1.5 Baths
960 Sq Ft
$425/mo HOA Fee

Recently Sold

$406 Per Sq Ft

10 Days on Market

Highlights

  • Balcony
  • Skylights
  • Bathtub
  • 1 Car Detached Garage
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of February 2025

This beautifully updated 2 bedroom, 1.5 bath townhouse is a fantastic opportunity for homebuyers! Enjoy brand new flooring throughout, an updated kitchen with brand new appliances, and an abundance of natural light. The property offers washer dryer hookups inside the unit, and a garage parking space plus an additional spot right in front for your convenience. Enjoy the private backyard for relaxing or entertaining, and make use of the front courtyard with extra storage for added functionality. Don't miss this incredible opportunity to own a move-in-ready property in Salinas!

Last Agent to Sell the Property

Kelly Kim

eXp Realty of California Inc License #02003613 Listed on: 01/21/2025

eXp Realty of California Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,535

Year Built

  • Built in 1985

Lot Details

  • 828 Sq Ft Lot
  • Back and Front Yard Fenced

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Separate Family Room
  • Dining Area
  • Utility Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • Bathtub

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 004-024-024-000

Community Details

Overview

  • Association fees include exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, roof, water
  • La Terraza Association

Amenities

  • Courtyard

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,535

Year Built

Built in 1985

Lot Details

0

HOA Fees

$425 per month

Parking

1

Listing Details

  • Subclass: Townhouse
  • Age: 40
  • Listing Class: Residential
  • Structure Sq Ft: 960
  • Year Built: 1985
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 960
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Vinyl / Linoleum
  • Additional Rooms: Utility Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half on Ground Floor, Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Courtyard
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces, Detached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 425
  • HOA Documents: Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Roof, Water
  • H O A Name Text: La Terraza
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Salinas Union High

Lot Info

  • Parcel Number: 004-024-024-000
  • Lot Acres: 0.0190
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 826.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 826.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Salinas Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Feb 18, 2025
Sold by
Alvarez Reydenn and Zhang Chunchun
Bought by
Singleton Kaleb Charles and Zarate Angeles Jimenez
Seller's Agent
Kelly Kim
eXp Realty of California Inc
List Price
$390,000
Sold Price
$390,000
Total Days on Market
10
Views
57
Current Estimated Value
$394,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,276
Avg. Annual Appreciation
-2.81%
Original Mortgage
$351,000
Outstanding Balance
$350,708
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$35,525

Purchase Details

Listed on
Mar 24, 2024
Closed on
Apr 24, 2024
Sold by
Johnson Bryan
Bought by
Alvarez Reydenn and Zhang Chunchun
Seller's Agent
Anthony Pietragallo
Resource Real Estate Loans
Buyer's Agent
Kelly Kim
eXp Realty of California Inc
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.96%
Original Mortgage
$228,750
Interest Rate
6.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $390,000 Old Republic Title Company
Grant Deed $305,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $351,000 New Conventional
Previous Owner $228,750 New Conventional
Previous Owner $114,000 Unknown
Previous Owner $73,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2025 02/21/25 Sold $390,000 0.0% $406 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $390,000 +27.9% $406 / Sq Ft
04/26/2024 04/26/24 Sold $305,000 +1.7% $318 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/24/2024 03/24/24 For Sale $299,900 -- $312 / Sq Ft
Source: MLSListings

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
2024 $3,535 $305,000 $160,000 $145,000
2023 $3,417 $295,000 $140,000 $155,000
2022 $1,544 $295,000 $140,000 $155,000
2021 $1,483 $130,844 $28,285 $102,559
2020 $1,443 $129,503 $27,995 $101,508
2019 $1,431 $126,965 $27,447 $99,518
2018 $1,413 $124,476 $26,909 $97,567
2017 $1,414 $122,036 $26,382 $95,654
2016 $1,415 $119,644 $25,865 $93,779
2015 $1,427 $117,848 $25,477 $92,371
2014 $1,333 $115,540 $24,978 $90,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81991137

MLSListings

APN: 004-024-024-000