NOT LISTED FOR SALE

228 Wallace Ave Madera, CA 93638

East Madera Neighborhood

Estimated Value: $203,000 - $334,000

2 Beds
2 Baths
782 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $121,200 $155 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,412/month

27 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to McNally Park
  • 1-Story Property
  • Wood Siding

About This Home

As of December 2017

This move in ready home is a must see! It even has a new AC Unit and tile floors. Bring your 1st time home buyer or investor as a rental property. Currently the tenant living at the property is paying $825 rent. This home is a great rental income property.

Last Agent to Sell the Property

Lucila Osorio de Gurrola

Oro Financial Of California In License #01782752 Listed on: 10/19/2017

Last Buyer's Agent

Kenneth Lindsay

Jason Gobeli Referrals License #01969773

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1955

Lot Details

  • 6,539

Home Design

  • Wood Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,539 Sq Ft Lot
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 154.99
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Flooring: Tile
  • Bathrooms: 2.00
  • Bedrooms: 2
  • Laundry: Inside
  • Square Footage: 782.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood
  • Foundation: Wood Sub Floor
  • Pool: No

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water, Public Sewer

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1501
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6539.00
  • Price Per Acre: 807461.69

Building Info

  • Year Built: 1955

MLS Schools

  • School District 2: Madera Unified
  • School Type: High School
  • School Name: Madera
  • School Type: Junior High School
  • School Name: Thomas Jefferson
  • School Type: Grade School
  • School Name: Sierra Vista

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2017
Closed on
Dec 12, 2017
Sold by
Gutirrez Maria Guadalupe
Bought by
Verduzco Juan Carlos
Seller's Agent
Lucila Osorio de Gurrola
Oro Financial Of California In
Buyer's Agent
Kenneth Lindsay
Jason Gobeli Referrals
List Price
$121,200
Sold Price
$121,200
Current Estimated Value
$240,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,566
Avg. Annual Appreciation
9.24%
Original Mortgage
$103,020
Outstanding Balance
$87,340
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$151,611

Purchase Details

Listed on
Aug 5, 2014
Closed on
Nov 12, 2014
Sold by
Sheikh Ambreen Fatima
Bought by
Gutierrez Maria Guadalupe
Seller's Agent
Louie Fimbrez
Madera Realty
Buyer's Agent
Louie Fimbrez
Madera Realty
List Price
$84,000
Sold Price
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$45,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 5, 2014
Closed on
Oct 15, 2014
Sold by
Fatima Ambreen and Shekh Ambrieen Fatima
Bought by
Fatima Ambreen
Seller's Agent
Louie Fimbrez
Madera Realty
Buyer's Agent
Louie Fimbrez
Madera Realty
List Price
$84,000
Sold Price
$84,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 25, 2014
Closed on
Apr 5, 2014
Sold by
Watson Andrew and Watson Ann
Bought by
Sheikh Ambreen Fatima
Seller's Agent
Nora Hall
Realty One Group Action
Buyer's Agent
Nora Hall
Realty One Group Action
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
320.05%
Source: Public Records

Range of Values:

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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
Verduzco Juan Carlos $121,500 Fidelity National Title Co
Gutierrez Maria Guadalupe $84,000 Chicago Title Company
Fatima Ambreen -- Wfg National Title
Sheikh Ambreen Fatima $35,000 Chicago Title Company
Sheikh Ambreen Fatima -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verduzco Juan Carlos $103,020
Previous Owner Gutierrez Maria Guadalupe $60,000
Previous Owner Gutierrez Maria Guadalupe $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $121,200 0.0% $155 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
10/19/2017 10/19/17 For Sale $121,200 +44.3% $155 / Sq Ft
11/24/2014 11/24/14 Sold $84,000 0.0% $107 / Sq Ft
11/04/2014 11/04/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $84,000 +140.0% $107 / Sq Ft
04/14/2014 04/14/14 Sold $35,000 0.0% $45 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $35,000 -- $45 / 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 $1,614 $138,242 $34,133 $104,109
2023 $1,614 $132,875 $32,808 $100,067
2022 $1,509 $130,270 $32,165 $98,105
2021 $1,481 $127,717 $31,535 $96,182
2020 $1,508 $126,408 $31,212 $95,196
2019 $1,497 $123,930 $30,600 $93,330
2018 $1,381 $121,500 $30,000 $91,500
2017 $675 $57,989 $25,888 $32,101
2016 $658 $56,853 $25,381 $31,472
2015 $636 $56,000 $25,000 $31,000
2014 $527 $48,730 $17,401 $31,329
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lucila Osorio de Gurrola

    Oro Financial Of California In

    Section Image

  • K

    Buyer's Agent in 2017

    Kenneth Lindsay

    Jason Gobeli Referrals

    Section Image

  • L

    Seller's Agent in 2014

    Louie Fimbrez

    Madera Realty

    (559) 673-0101

    1 in this area

    1 Total Sale

    Section Image
  • Nora Hall

    Seller's Agent in 2014

    Nora Hall

    Realty One Group Action

    (559) 706-6048

    41 Total Sales

    Section Image
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Map

Source: Fresno MLS

MLS Number: 492037

Fresno MLS

APN: 011-251-008

California Madera County Madera 93638 East Madera

228 Wallace Ave, Madera, CA

This home is located at 228 Wallace Ave, Madera, CA 93638 since 19 October 2017 and is currently estimated at $258,563, approximately $330 per square foot. This property was built in 1955. 228 Wallace Ave is a home located in Madera County with nearby schools including Sierra Vista Elementary School, Martin Luther King Jr. 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.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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