NOT LISTED FOR SALE

1708 Merced St Unit 100 Madera, CA 93638

North Madera Neighborhood

Estimated Value: $416,360 - $490,000

8 Beds
4 Baths
2,354 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $180,000 $76 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,788/month

90 Days on Market

About This Home

As of June 2014

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

Tejinder Khehra

RE/MAX Gold License #01477569 Listed on: 01/11/2014

RE/MAX Gold

Last Buyer's Agent

Tejinder Khehra

RE/MAX Gold License #01477569 Listed on: 01/11/2014

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,529

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

Est. Annual Taxes

$2,529

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: 76.47
  • 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: 1125000.00

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

Listed on
Jan 11, 2014
Closed on
Jun 9, 2014
Sold by
Liu En
Bought by
Li Fen
Seller's Agent
Tejinder Khehra
RE/MAX Gold
Buyer's Agent
Tejinder Khehra
RE/MAX Gold
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$466,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,590
Avg. Annual Appreciation
8.93%
Original Mortgage
$134,250
Outstanding Balance
$102,853
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$363,737

Purchase Details

Closed on
Aug 13, 2013
Sold by
Brar Holdings Inc
Bought by
Bawa Navraj and Bawa Harpreet

Purchase Details

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

Purchase Details

Closed on
Mar 21, 2005
Sold by
Marathon Properties Llc
Bought by
Mckenzie Don and Mc Kenzie 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:

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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 Buyer Sale Price Title Company
Li Fen -- Chicago Title Company
Li Fen $179,000 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 Li Fen $134,250
Previous Owner Mckenzie Don $224,000
Previous Owner Marathon Properties Llc $186,000
Previous Owner Marathon Properties Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $180,000 0.0% $76 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $180,000 -- $76 / 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 $2,529 $219,419 $36,771 $182,648
2023 $2,529 $210,900 $35,344 $175,556
2022 $2,362 $206,765 $34,651 $172,114
2021 $2,318 $202,712 $33,972 $168,740
2020 $2,361 $200,634 $33,624 $167,010
2019 $2,343 $196,701 $32,965 $163,736
2018 $2,160 $192,845 $32,319 $160,526
2017 $2,134 $189,065 $31,686 $157,379
2016 $2,080 $185,359 $31,065 $154,294
2015 $2,074 $182,576 $30,599 $151,977
2014 $1,758 $162,500 $30,000 $132,500
Source: Public Records

Agents Affiliated with this Home

  • Tejinder Khehra

    Seller's Agent in 2014

    Tejinder Khehra

    RE/MAX

    (559) 994-6636

    112 Total Sales

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Map

Source: Fresno MLS

MLS Number: 419830

Fresno MLS

APN: 005-140-041

California Madera County Madera 93638 North Madera

1708 Merced St Unit 100, Madera, CA

This home is located at 1708 Merced St Unit 100, Madera, CA 93638 since 11 January 2014 and is currently estimated at $466,590, approximately $198 per square foot. This property was built in 2005. 1708 Merced St Unit 100 is a home located in Madera County with nearby schools including James Monroe Elementary School, Jack G. Desmond Middle School, and Madera South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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