NOT LISTED FOR SALE

18342 Mcrae Rd Madera, CA 93638

Estimated Value: $306,000 - $441,000

3 Beds
2 Baths
1,212 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $115,550 $95 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $2,094/month

12 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2012

Traditional Sale! 1/2 acre lot. Just outside of town, this home is not far from Highway 99 and close to golf and shopping. Built in 2001, this 3 bedroom 1 3/4 bath home sits on a large lot that has been landscaped for family entertainment. RV parking has already been established with 2 large gates, one on each side of the home and a cement drive on one. Inside you'll find a vaulted ceiling in living room with a wood beam & an open floor plan and sliding glass door leading out to the back patio area. The kitchen features a gas stove, dishwasher, garbage disposal and breakfast bar. The master bedroom has its own bathroom with a shower only. The 2 car garage has the laundry area. Automatic sprinkler system in the front yard. Move in ready for your family.

Last Agent to Sell the Property

Terri Cortez

Osborne Homes License #01715987 Listed on: 04/11/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 0.49 Acre Lot
  • Rural Setting

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,212 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 036213003

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 036213003
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1212.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 95.34
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Lot Size Sq Ft: 21344.00
  • Lot Size Acres: 0.4900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21344.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 25, 2012
Sold by
Mro Investments Inc
Bought by
Lopez Jose Monges
Seller's Agent
Terri Cortez
Osborne Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$109,900
Sold Price
$115,550
Premium/Discount to List
$5,650
5.14%
Current Estimated Value
$374,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,783
Avg. Annual Appreciation
9.04%
Original Mortgage
$113,456
Outstanding Balance
$78,460
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$295,873

Purchase Details

Listed on
Apr 11, 2012
Closed on
May 22, 2012
Sold by
Gonzalez Ruth Monges
Bought by
Lopez Jose Monges
Seller's Agent
Terri Cortez
Osborne Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$109,900
Sold Price
$115,550
Premium/Discount to List
$5,650
5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,456
Outstanding Balance
$78,460
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$295,873

Purchase Details

Closed on
Mar 29, 2012
Sold by
Figueroa Ramon and Figueroa Irene M
Bought by
Mro Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,456
Outstanding Balance
$78,460
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$295,873

Purchase Details

Closed on
Mar 30, 2007
Sold by
Figueroa Ramon and Figueroa Irene M
Bought by
Figueroa Ramon and Figueroa Irene

Purchase Details

Closed on
May 8, 2001
Sold by
Koop Jake R and Koop Josie
Bought by
Figueroa Ramon and Figueroa Irene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,032
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 2001
Sold by
Bradley William
Bought by
Koop Jake R and Koop Josie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,032
Interest Rate
6.99%
Mortgage Type
FHA
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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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
Lopez Jose Monges $116,000 Placer Title Company
Lopez Jose Monges -- Placer Title Company
Mro Investments Inc -- Placer Title
Figueroa Ramon -- None Available
Figueroa Ramon $98,000 First American Title Co
Koop Jake R $22,000 First American Title Co
Bradley William -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Jose Monges $113,456
Previous Owner Figueroa Ramon $97,032
Previous Owner Koop Jake R $75,000
Closed Figueroa Ramon $5,874
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $115,550 +5.1% $95 / Sq Ft
04/23/2012 04/23/12 Pending -- -- --
04/11/2012 04/11/12 For Sale $109,900 -- $91 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,590 $145,125 $43,956 $101,169
2023 $1,590 $139,492 $42,250 $97,242
2022 $1,482 $136,758 $41,422 $95,336
2021 $1,453 $134,077 $40,610 $93,467
2020 $1,479 $132,703 $40,194 $92,509
2019 $1,466 $130,102 $39,406 $90,696
2018 $1,350 $127,552 $38,634 $88,918
2017 $1,333 $125,052 $37,877 $87,175
2016 $1,297 $122,601 $37,135 $85,466
2015 $1,292 $120,761 $36,578 $84,183
2014 $1,205 $118,396 $35,862 $82,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC12046552

California Regional Multiple Listing Service (CRMLS)

APN: 036-213-003