NOT LISTED FOR SALE

1702 Merced St Unit 100 Madera, CA 93638

North Madera Neighborhood

Estimated Value: $497,000 - $523,717

25 Beds
14 Baths
8,000 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $535,000 $67 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,996/month

33 Days on Market

About This Home

As of August 2013

RARE FIND! This property consists of 3 separate APN's, there is a triplex building consisting of three(3) 3 bedroom 2 bathroom units, and two(2) separate duplex buildings, each unit consisting of 4 bedrooms 2 bathrooms. This property is located on a large corner lot, and is a newer build! Property was built in 2006, and almost all units were COMPLETELY rehabbed last month! Each unit offers washer and dryer hookups, large bedrooms, updated flooring, dual pane windows, central heating and air, and so much more! Bring your pickiest investors and we will see you at closing!!!!!!

Last Agent to Sell the Property

Sarah Gillespie

Executive Realty Associates License #01843339 Listed on: 06/26/2013

Last Buyer's Agent

Tejinder Khehra

RE/MAX Gold License #01477569

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 2006

Lot Details

  • 10,454

Parking

  • Carport

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 8,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 25 Bedrooms
  • 14 Bathrooms

Additional Features

  • Corner Lot
  • Central Air

Community Details

  • 3 Buildings
  • 7 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,967

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Property Sub Type 2: Triplex
  • Price Per Square Foot: 66.88
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Disposal: All units
  • Stove: All units
  • Bathrooms: 14.00
  • Bedrooms: 25
  • Square Footage: 8000.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Unit: 100
  • Site Amenities: Corner

Lot Info

  • Lot Measurement: Square Feet

Building Info

  • Year Built: 2006

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • IncomeIncludes: Unit Rent, Month to Month, Lease, Both
  • Total Units: 7

MLS Schools

  • School District 2: Madera Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2020
Sold by
Bawa Navraj
Bought by
Bawa Harpreet
Current Estimated Value
$504,429

Purchase Details

Closed on
Apr 7, 2016
Sold by
Bawa Navraj and Bawa Harpreet
Bought by
Clearwater Lake Investments Llc

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 13, 2013
Sold by
Brar Holdings Inc
Bought by
Bawa Navraj and Bawa Harpreet
Seller's Agent
Sarah Gillespie
Executive Realty Associates
Buyer's Agent
Tejinder Khehra
RE/MAX Gold
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%

Purchase Details

Closed on
Mar 28, 2013
Sold by
Mckenzie Don and Mc Kenzie Christy
Bought by
Brar Holdings Inc

Purchase Details

Closed on
Apr 20, 2005
Sold by
Marathon Properties Llc
Bought by
Mckenzie Don and Mc Kenzie Christine

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
5.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 3, 2003
Sold by
Arsenault Steven Mark and Santeufemia Marco
Bought by
Marathon Properties Llc

Purchase Details

Closed on
Mar 25, 2003
Sold by
Rodriguez Andrea
Bought by
Arsenault Steven Mark and Santeufemia Marco
Source: Public Records

Range of Values:

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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
Bawa Harpreet -- None Listed On Document
Clearwater Lake Investments Llc -- None Available
Bawa Navraj $210,000 Multiple
Brar Holdings Inc -- Placer Title Company
Mckenzie Don $400,000 First American Title
Marathon Properties Llc $85,500 Chicago Title
Santeufemia Marco -- Chicago Title
Arsenault Steven Mark -- Chicago Title
Arsenault Steven Mark $45,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenzie Don $320,000
Previous Owner Marathon Properties Llc $245,000
Previous Owner Marathon Properties Llc $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2013 08/20/13 Sold $535,000 0.0% $67 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
06/26/2013 06/26/13 For Sale $535,000 -- $67 / 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 $2,967 $257,422 $49,029 $208,393
2023 $2,967 $247,427 $47,126 $200,301
2022 $2,771 $242,576 $46,202 $196,374
2021 $2,719 $237,821 $45,297 $192,524
2020 $2,769 $235,383 $44,833 $190,550
2019 $2,749 $230,768 $43,954 $186,814
2018 $2,534 $226,244 $43,093 $183,151
2017 $2,504 $221,809 $42,249 $179,560
2016 $2,441 $217,461 $41,421 $176,040
2015 $2,433 $214,195 $40,799 $173,396
2014 $2,272 $210,000 $40,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 410630

Fresno MLS

APN: 005-140-043