NOT LISTED FOR SALE

2831 E Madison Ave Fresno, CA 93701

Jefferson Neighborhood

Estimated Value: $264,000 - $340,000

4 Beds
3 Baths
1,160 Sq Ft
$267/Sq Ft Est. Value

Last Sold March 22, 2017

Last sale price $159,900 $138 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,038/month

27 Days on Market

About This Home

As of March 2017

There are two homes on this traditional sale property. It is zoned Multi-Single Family Residence. The main 3 bedroom 2 bath house has been completely remodeled with new carpet, new laminate flooring, fresh paint, a new HVAC unit,a newly remodeled kitchen with new stainless steel appliances, tile floors and granite counters. It also has new and remodeled bathrooms with tile and granite. Additionally there is also a back house that has been remodeled as well. The smaller back house has laminate floors and is a 1 bedroom, 1 bath. There is a detached garage on the property and there is even RV Parking. Tax records state that this gem is 1160 square feet but it is really much larger. Live in one and rent the other or rent out both for immediate cash flow. The front home should easily rent for $1050 and the smaller back home should easily rent for $550. Awesome income potential for any investor at this price.

Last Agent to Sell the Property

Jason Gobeli

Solid Real Estate Solutions License #01832506 Listed on: 01/07/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,162

Year Built

  • Built in 1920

Lot Details

  • 6,250 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Uncovered Parking

Home Design

  • 1,160 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 45909212

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,162

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 45909212
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 137.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6250.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Feb 24, 2017
Sold by
Shaalan Llc
Bought by
Gutierrez Angel
Seller's Agent
Jason Gobeli
Solid Real Estate Solutions
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$306,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,397
Avg. Annual Appreciation
8.14%
Original Mortgage
$159,900
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Listed on
Sep 22, 2016
Closed on
Oct 31, 2016
Sold by
Marquez Helen M and Segura Helen Mary
Bought by
Shaalan Llc
Seller's Agent
Carlos Fierro
REI Group
Buyer's Agent
Jason Gobeli
Solid Real Estate Solutions
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
427.45%
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
Gutierrez Angel $160,000 Fidelity National Title Co
Shaalan Llc $85,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Angel $147,760
Closed Gutierrez Angel $159,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $159,900 0.0% $138 / Sq Ft
01/07/2017 01/07/17 For Sale $159,900 +88.1% $138 / Sq Ft
11/04/2016 11/04/16 Sold $85,000 0.0% $73 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
09/22/2016 09/22/16 For Sale $85,000 -- $73 / 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 $4,162 $185,569 $29,011 $156,558
2023 $4,135 $178,366 $27,886 $150,480
2022 $4,103 $174,870 $27,340 $147,530
2021 $2,204 $171,442 $26,804 $144,638
2020 $2,194 $169,685 $26,530 $143,155
2019 $2,110 $166,359 $26,010 $140,349
2018 $2,065 $163,098 $25,500 $137,598
2017 $1,095 $85,000 $15,000 $70,000
2016 $577 $44,053 $9,143 $34,910
2015 $569 $43,392 $9,006 $34,386
2014 $553 $42,543 $8,830 $33,713
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jason Gobeli

    Solid Real Estate Solutions

    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,766 Total Sales

    Section Image
  • Carlos Fierro

    Seller's Agent in 2016

    Carlos Fierro

    REI Group

    (559) 307-8296

    23 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MD17004330

California Regional Multiple Listing Service (CRMLS)

APN: 459-092-12

California Fresno County Fresno 93701 Jefferson

2831 E Madison Ave, Fresno, CA

This home is located at 2831 E Madison Ave, Fresno, CA 93701 since 07 January 2017 and is currently estimated at $309,317, approximately $266 per square foot. This property was built in 1920. 2831 E Madison Ave is a home located in Fresno County with nearby schools including Webster Elementary School, Tehipite Middle School, and Roosevelt 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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