NOT LISTED FOR SALE

202 & 204 E Madden Dr Avondale, AZ 85323

Old Town Neighborhood

Estimated Value: $318,000 - $339,000

2 Beds
1 Bath
1,691 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 02, 2022

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

Est. 26% decrease in value since last sale

Current estimated payment $1,841/month

5 Days on Market

Highlights

  • Guest House
  • No HOA
  • Patio
  • Agua Fria High School Rated A-
  • Eat-In Kitchen
  • Central Air

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

Kitchen

  • Kitchen Updated in 2021
  • Eat-In Kitchen
  • Built-In Microwave

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

0

Listing Details

  • Cross Street: 3rd St and E Madden Dr
  • Legal Info Range: 1W
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • 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
  • Parking Spaces Slab Parking Spaces: 2.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 1940
  • Tax Year: 2021
  • Directions: South on 3rd St to E Madden Dr then right to property.
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Subdivision Name: Ludlow Heights
  • Property Attached Yn: No
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement YN: No
  • Spa Features: None
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1691.0
  • Stories: 1
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Non-laminate Counter: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Gravel/Stone Front, Gravel/Stone Back
  • Pool Features: None
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Patio
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Separate Guest House: Yes

Garage/Parking

  • Open Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

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 Book Number: 500.00
  • Tax Lot: 1
  • Tax Map Number: 17.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Michan and Naava
Bought by
Terra Equity Group Llc
Current Estimated Value
$330,291

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

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
Terra Equity Group Llc -- Keffler Douglas Jason
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 Salmons Properties Llc $90,000
Previous Owner Salmons Properties Llc $30,254
Previous Owner Salmons Properties Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $497 $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

  • T

    Seller's Agent in 2022

    Thomas Salmons

    Arizona Premier Realty Homes & Land, LLC

    Section Image
  • Rachel Krill

    Buyer's Agent in 2022

    Rachel Krill

    Real Broker

    (928) 246-4714

    1 in this area

    231 Total Sales

    Rachel Krill
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6371139

Arizona Regional Multiple Listing Service (ARMLS)

APN: 500-17-151

Arizona Maricopa County Avondale 85323 Old Town

202 & 204 E Madden Dr, Avondale, AZ

This home is located at 202 & 204 E Madden Dr, Avondale, AZ 85323 since 19 March 2022 and is currently estimated at $330,291, approximately $195 per square foot. This property was built in 1940. 202 & 204 E Madden Dr is a home located in Maricopa County with nearby schools including Lattie Coor, Eliseo C. Felix School, and Avondale Middle 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.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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