NOT LISTED FOR SALE

202 & 204 E Madden Dr Avondale, AZ 85323

Old Town Neighborhood

Estimated Value: $275,000 - $358,113

2 Beds
1 Bath
1,691 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $449,000 $266 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,644/month

5 Days on Market

Highlights

  • Guest House
  • Eat-In Kitchen
  • Central Air
  • No HOA
  • Patio
  • Heating Available

About This Home

As of May 2022

ATTENTION INVESTORS AND OWNER OCCUPANTS! Excellent lot with (2) Single Family Detached homes! Rents for INVESTORS in this area can reach $1,500 per unit returning a generous ROI of 8%+. Less than $225k per home!! Perfect for OWNERS, as you can live in either home & rent the other to supplement your mortgage. Each home has 2 bedrooms & 1 bath (Front home also has a storage basement) & are ready for immediate move in! Both homes have been completely REDONE! Newer dual pane windows, interior doors, stainless-steel appliances to include top quality gas stove, microwave, fridge, kitchen cabinets, Quartz counter tops, fresh paint, LED lighting including front & backyard motion sensors, remodeled walk-in shower & bathroom, fixtures, ceiling fans throughout, & waterproof laminate flooring. Each home is on its own breaker box with separate utilities. The back home is very private with a block wall surrounding the home. Located close to restaurants, shopping, schools and I-10 freeway only a few miles away.

Last Agent to Sell the Property

Thomas Salmons

Arizona Premier Realty Homes & Land, LLC License #SA561422000 Listed on: 03/19/2022

Arizona Premier Realty Homes & Land, LLC

Last Buyer's Agent

Rachel Krill

Real Broker License #BR559282000

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $501

Year Built

  • Built in 1940

Lot Details

  • 5,734 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Open Parking Spaces

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 1,691 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen

Flooring

  • Floors Updated in 2021
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom Updated in 2021
  • 1 Bathroom

Schools

  • Avondale Middle School
  • Agua Fria High School

Utilities

  • Central Air
  • Heating Available
  • Plumbing System Updated in 2021

Additional Features

  • Patio
  • Guest House

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Ludlow Heights Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 500-17-151

Home Details

Home Type

Single Family

Est. Annual Taxes

$501

Year Built

Built in 1940

Lot Details

5,734 Sq Ft Lot

Listing Details

  • Cross Street: 3rd St and E Madden Dr
  • Property Type: Residential
  • Ownership: Fee Simple
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2021
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2021
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2021
  • Updated Plumbing: Full
  • Items Updated Plmbg Yr Updated: 2021
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Ludlow Heights
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 265.52
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Appliances: Disposal, Refrigerator, Microwave, Gas Oven, Gas Range, Washer, Dryer, Stacked Washer/Dryer
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Non-laminate Counter
  • Living Area: 1691.0
  • Stories: 1

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Block, Painted, Stucco
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:PAD Fee YN2: N

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Avondale Middle School
  • High School: Agua Fria High School
  • Junior High Dist: Agua Fria Union High School District
  • Middle Or Junior School: Avondale Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5734.0
  • Parcel #: 500-17-151

Building Info

  • Builder Name: None

Tax Info

  • Tax Annual Amount: 501.0
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Michan David and Michan Naava
Bought by
Terra Equity Group Llc
Current Estimated Value
$311,278

Purchase Details

Listed on
Mar 19, 2022
Closed on
Apr 17, 2022
Sold by
Nickolas Biscotti
Bought by
Michan David and Michan Naava
Seller's Agent
Thomas Salmons
Arizona Premier Realty Homes & Land, LLC
Buyer's Agent
Rachel Krill
Real Broker
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.12%
Original Mortgage
$291,850
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2016
Sold by
Salmons Properties Llc
Bought by
Biscotti Nickolas

Purchase Details

Closed on
Jan 10, 2014
Sold by
Gill Matthew Gary
Bought by
Salmons Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2012
Sold by
Irrevocable Gill Joseph Brett and Irrevocable David Vachel Gill
Bought by
Gill Matthew Gary

Purchase Details

Closed on
Nov 30, 2002
Sold by
Gill David V
Bought by
Gill David V and David Vachel Gill Living Trust

Purchase Details

Closed on
Dec 31, 1996
Sold by
Gill Lillian A
Bought by
Gill David V
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Terra Equity Group Llc -- Keffler Douglas Jason
Michan David $449,000 Millennium Title Company
Biscotti Nickolas -- Accommodation
Salmons Properties Llc $91,000 Grand Canyon Title Agency In
Gill Matthew Gary -- None Available
Gill David V -- --
Gill David V $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michan David $291,850
Previous Owner Salmons Properties Llc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Sold $449,000 0.0% $266 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $449,000 -- $266 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $535 $4,755 -- --
2024 $493 $4,529 -- --
2023 $493 $19,810 $3,960 $15,850
2022 $475 $13,810 $2,760 $11,050
2021 $501 $10,370 $2,070 $8,300
2020 $485 $9,070 $1,810 $7,260
2019 $482 $8,350 $1,670 $6,680
2018 $484 $6,330 $1,260 $5,070
2017 $472 $5,270 $1,050 $4,220
2016 $482 $5,050 $1,010 $4,040
2015 $448 $4,420 $880 $3,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6371139

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-17-151

Your Personal Tour Guide

Ask me questions while you tour the home.