NOT LISTED FOR SALE

1704 Merced St Unit 100 Madera, CA 93638

North Madera Neighborhood

Estimated Value: $309,000 - $456,000

8 Beds
4 Baths
2,354 Sq Ft
$171/Sq Ft Est. Value

Last Sold August 20, 2013

Last sale price $160,000 $68 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,312/month

21 Days on Market

About This Home

As of August 2013

Rare find in Madera! This property is a 2 story newer built duplex. There is one 4 bedroom 2 bath upstairs, and an identical unit downstairs. Each unit includes an indoor laundry room, large bedrooms, open floor plan, 2 full bathrooms, dual pane windows, central H/A, and so much more. Each unit rents for $900 a month. Property is also being sold with the 2 surrounding properties. APN#'s 005-140-043, and 050-140-041. There is a potential for a 7 unit complex!!!! Call today for more info, and to schedule a private showing!!!!!

Last Agent to Sell the Property

Sarah Gillespie

Executive Realty Associates License #01843339 Listed on: 07/08/2013

Last Buyer's Agent

Tejinder Khehra

RE/MAX Gold License #01477569

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,354 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Carport
  • Uncovered Parking

Utilities

  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Property Sub Type 2: 5 to 15 Units
  • Price Per Square Foot: 67.97
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 2005

Interior Features

  • Bathrooms: 4.00
  • Bedrooms: 8
  • Square Footage: 2354.00

Exterior Features

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

Garage/Parking

  • Additional Parking: Carport, Covered, Uncovered, More than One Space

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

  • Acres: 0.1600
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6970.00
  • Price Per Acre: 1000000.00

Building Info

  • Year Built: 2005

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • IncomeIncludes: Unit Rent
  • Total Units: 2

MLS Schools

  • School District 2: Madera Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2014
Sold by
Li Fen
Bought by
Liu En
Current Estimated Value
$403,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$102,228
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$301,448

Purchase Details

Closed on
May 20, 2014
Sold by
Bawa Navraj and Bawa Harpreet
Bought by
Liu En

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$102,228
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$301,448

Purchase Details

Listed on
Jul 8, 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
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%

Purchase Details

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

Purchase Details

Closed on
Aug 26, 2004
Sold by
Marathon Properties Llc
Bought by
Mckenzie Don and Mckenzie Christy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.57%
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:

--
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
Liu En -- Chicago Title Company
Liu En $183,000 Chicago Title Company
Bawa Navraj $162,500 Multiple
Brar Holdings Inc -- Placer Title Company
Mckenzie Don $280,000 First American Title Co
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
Open Liu En $135,000
Previous Owner Mckenzie Don $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2013 08/20/13 Sold $160,000 0.0% $68 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $160,000 -- $68 / 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 $2,586 $224,321 $36,771 $187,550
2023 $2,586 $215,612 $35,344 $180,268
2022 $2,415 $211,385 $34,651 $176,734
2021 $2,369 $207,241 $33,972 $173,269
2020 $2,413 $205,117 $33,624 $171,493
2019 $2,395 $201,096 $32,965 $168,131
2018 $2,208 $197,154 $32,319 $164,835
2017 $2,182 $193,289 $31,686 $161,603
2016 $2,127 $189,500 $31,065 $158,435
2015 $2,120 $186,655 $30,599 $156,056
2014 $1,758 $162,500 $30,000 $132,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sarah Gillespie

    Executive Realty Associates

    (559) 367-0200

    126 Total Sales

    Sarah Gillespie
    Section Image
  • Tejinder Khehra

    Buyer's Agent in 2013

    Tejinder Khehra

    RE/MAX

    (559) 994-6636

    103 Total Sales

    Tejinder Khehra
    Section Image
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Map

Source: Fresno MLS

MLS Number: 411197

Fresno MLS

APN: 005-140-042

California Madera County Madera 93638 North Madera

1704 Merced St Unit 100, Madera, CA

Not Listed for Sale

MultiFamily

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