NOT LISTED FOR SALE

2801 Cherry Tree Ln Madera, CA 93637

West Madera Neighborhood

Estimated Value: $401,000 - $435,000

4 Beds
2 Baths
1,849 Sq Ft
$229/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $139,000 $75 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $2,383/month

10 Days on Market

Highlights

  • 1 Fireplace
  • Ground Level Unit
  • Bathtub with Shower
  • Corner Lot
  • Double Pane Windows
  • Living Room

About This Home

As of August 2012

This single story HUD-OWNED property is an excellent buy at this price. This property features over 1849 SF of living space with 4 bedrooms, 2 bathrooms, formal living room, utility/laundry room and a family/dining combo room. This property sits on a corner lot which allows for additional parking. This property is FHA eligible with Repair Escrow (IE). This property is currently only available to owner occupants, non-profits and goverment agencies. Only electronic bids will be accepted.

Last Agent to Sell the Property

Joe Nunez

Cal-Prime Realty License #01800615 Listed on: 04/28/2012

Last Buyer's Agent

Salvador Villalobos

Old Mission Real Estate Servic License #01452828

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 6,452 Sq Ft Lot
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Concrete Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,849 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in Utility Room
  • Gas Dryer Hookup

Additional Features

  • Ground Level Unit
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Price Per Square Foot: 75.18
  • Year Built Exception: 0
  • Number Of Stories: Single Story
  • Unit Description: Ground Floor
  • Special Features: None
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Fireplace Type: Insert
  • Number Of Fireplaces: 1
  • Flooring: Carpet, Tile
  • Bathrooms: 2.00
  • Bedrooms: 4
  • Bathroom Features: Tub/Shower, Shower, Spa Tub
  • Dining Room Features: Living Room/Area
  • Kitchen: F/S Range/Oven, Gas Appliances, Disposal, Dishwasher, Microwave
  • Laundry: Inside, Utility Room, Gas Hook Up
  • Square Footage: 1849.00

Exterior Features

  • Yard: Sprinklers Front
  • Roofing: Tile
  • Exterior: Stucco
  • Foundation: Concrete
  • Pool: No

Garage/Parking

  • Parking Features: Potential RV Parking

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

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.1481
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6452.00
  • Price Per Acre: 938555.03

Green Features

  • Energy Efficiency: Dual Pane Windows

Building Info

  • Year Built: 2006

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: Alpha

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2021
Sold by
Armiento Arthur and Armiento Mary E
Bought by
Armiento Cynthia D
Current Estimated Value
$422,582

Purchase Details

Listed on
Apr 28, 2012
Closed on
Jul 24, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Armiento Arthur and Armiento Mary E
Seller's Agent
Joe Nunez
Cal-Prime Realty
Buyer's Agent
Salvador Villalobos
Old Mission Real Estate Servic
List Price
$139,000
Sold Price
$139,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$136,482
Outstanding Balance
$94,764
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$327,818

Purchase Details

Closed on
Mar 23, 2012
Sold by
Guild Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 4, 2011
Sold by
Marmolejo Michael
Bought by
Guild Mortgage Company

Purchase Details

Closed on
Jul 8, 2008
Sold by
Marmolejo Mandy
Bought by
Marmolejo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 1, 2008
Sold by
Us Bank Na
Bought by
Marmolejo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 25, 2008
Sold by
Soto Guillermo and Soto Irma
Bought by
Us Bank Na and Citigroup Mortgage Loan Trust Inc

Purchase Details

Closed on
Apr 12, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Soto Guillermo and Soto Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,116
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armiento Cynthia D -- None Available
Armiento Arthur $139,000 Chicago Title Company
The Secretary Of Housing & Urban Develop -- None Available
Guild Mortgage Company $140,054 North American Title Company
Marmolejo Michael -- None Available
Marmolejo Michael $180,000 None Available
Us Bank Na $291,556 None Available
Soto Guillermo $336,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armiento Arthur $136,482
Previous Owner Marmolejo Michael $60,000
Previous Owner Marmolejo Michael $116,319
Previous Owner Soto Guillermo $269,116
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2012 08/03/12 Sold $139,000 0.0% $75 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $139,000 -- $75 / 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 $2,026 $171,157 $43,093 $128,064
2023 $2,026 $164,513 $41,421 $123,092
2022 $1,895 $161,288 $40,609 $120,679
2021 $1,859 $158,126 $39,813 $118,313
2020 $1,890 $156,505 $39,405 $117,100
2019 $1,876 $153,437 $38,633 $114,804
2018 $1,732 $150,429 $37,876 $112,553
2017 $1,702 $147,481 $37,134 $110,347
2016 $1,660 $144,590 $36,406 $108,184
2015 $1,618 $142,419 $35,860 $106,559
2014 $1,511 $139,630 $35,158 $104,472
Source: Public Records

Agents Affiliated with this Home

  • Joe Nunez

    Seller's Agent in 2012

    Joe Nunez

    Cal-Prime Realty

    (661) 209-1102

    1 in this area

    24 Total Sales

    Joe Nunez
    Section Image

  • S

    Buyer's Agent in 2012

    Salvador Villalobos

    Old Mission Real Estate Servic

    (559) 347-8567

    1 in this area

    14 Total Sales

    Salvador Villalobos
    Section Image
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Map

Source: Fresno MLS

MLS Number: 391442

Fresno MLS

APN: 009-561-011

California Madera County Madera 93637 West Madera

2801 Cherry Tree Ln, Madera, CA

Not Listed for Sale

Detached

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