NOT LISTED FOR SALE

Estimated Value: $405,000 - $466,000

1 Bed
1 Bath
560 Sq Ft
$407/mo HOA Fee

Last Sold June 24, 2024

Last sale price $422,000 $754 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,011/month

10 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Community Pool
  • Kraemer Middle School Rated A
  • Granite Countertops
  • Eat-In Kitchen

About This Home

As of June 2024

Welcome to 2900 Madison Ave #A27 in the gated Arbor community. This 1 bed 1 bath second level unit is move-in ready and makes for a great starter home or investment. Conveniently located to the 57 freeway and Cal State Fullerton, this home features a private patio with storage, in-unit washer and dryer hookups, new air conditioner, new dishwasher, and recently painted kitchen cabinets. The carport parking space is conveniently located just steps away. This FHA approved community also contains a swimming pool, clubhouse, and community laundry. Come make this home yours now as it will not last long!

Last Agent to Sell the Property

Ismael Chavez

The Agency Brokerage Email: ichavez@theagencyre.com License #01797522 Listed on: 05/17/2024

The Agency

Co-Listed By

Michael Wolitski

Real Brokerage Technologies Brokerage Email: ichavez@theagencyre.com License #02074287

Last Buyer's Agent

Suzanne Malerbe

RE/MAX Select One License #01467209

RE/MAX Select One

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971 | Remodeled

HOA Fees

  • $407 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 560 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Entryway
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11816
  • Assessor Parcel Number 93344270
  • $375 per year additional tax assessments

Community Details

Overview

  • 124 Units
  • The Arbor Association, Phone Number (626) 967-7921
  • Lordon Management HOA

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$407 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: The Arbor
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93344270
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 560.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 753.57
  • Room Type: Entry, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Vanity Area
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 407.00
  • Association Fee Frequency: Monthly
  • Association Name: The Arbor
  • Phone: (626) 967-7921
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Lordon Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Latitude Manual: 33.88266200

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 124
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 115.04
  • Tax Lot: 1
  • Tax Tract Number: 11816
  • TaxOtherAnnualAssessmentAmount: 375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
May 29, 2024
Sold by
Martinez Michael
Bought by
Romero Elijah
Seller's Agent
Ismael Chavez
The Agency
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$419,900
Sold Price
$422,000
Premium/Discount to List
$2,100
0.5%
Views
37
Current Estimated Value
$426,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,652
Avg. Annual Appreciation
0.72%
Original Mortgage
$414,356
Outstanding Balance
$409,139
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$17,513

Purchase Details

Listed on
Apr 18, 2022
Closed on
May 3, 2022
Sold by
Preciado Lira Christian and Preciado Maribel
Bought by
Martinez Michael
Seller's Agent
Jeffery Mcgonigle
Real Broker
Buyer's Agent
Sandra Mehr-Froehlich
Keller Williams Realty N. Tustin
List Price
$319,000
Sold Price
$375,000
Premium/Discount to List
$56,000
17.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$324,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2020
Sold by
Lira Christian Preciado and Sierra Maribel
Bought by
Lira Christian Preciado and Sierra Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,073
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 1, 2020
Closed on
Mar 12, 2020
Sold by
Liu Zhao
Bought by
Lira Christian Perciado and Perciado Maribel
Seller's Agent
William Tong
GOLDEN LAND INV. & FINANCIAL
Buyer's Agent
Jeffery Mcgonigle
Real Broker
List Price
$280,000
Sold Price
$272,000
Premium/Discount to List
-$8,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$267,073
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 16, 2014
Closed on
Oct 22, 2014
Sold by
Williams Daniel and Williams Elizabeth
Bought by
Liu Zhao
Seller's Agent
Curtis Rodriguez
HomeSmart, Evergreen Realty
Buyer's Agent
Curtis Rodriguez
HomeSmart, Evergreen Realty
List Price
$154,000
Sold Price
$154,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Mar 24, 2010
Sold by
Federal National Mortgage Association
Bought by
Williams Daniel and Williams Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2010
Sold by
Zarate Jose W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2005
Sold by
Zarate Rosa
Bought by
Zarate Jose W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 14, 2005
Sold by
Fuentes Abundio
Bought by
Zarate Jose W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 2, 2001
Sold by
Remijio Gabriel
Bought by
Fuentes Abundio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,950
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romero Elijah $422,000 First American Title
Martinez Michael $375,000 None Listed On Document
Lira Christian Preciado -- Stewart Title Guaranty Co
Lira Christian Perciado $272,000 Fidelity National Title Co
Liu Zhao $154,000 Western Resources Title Co
Williams Daniel $135,000 First American Title Ins Co
Federal National Mortgage Association $201,104 Accommodation
Zarate Jose W -- Lawyers Title
Zarate Jose W $223,500 Lawyers Title
Fuentes Abundio $81,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Elijah $414,356
Previous Owner Martinez Michael $324,000
Previous Owner Lira Christian Preciado $267,073
Previous Owner Lira Christian Perciado $267,073
Previous Owner Williams Daniel $132,554
Previous Owner Zarate Jose W $178,800
Previous Owner Fuentes Abundio $76,950
Closed Zarate Jose W $44,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $422,000 +0.5% $754 / Sq Ft
05/17/2024 05/17/24 For Sale $419,900 +12.0% $750 / Sq Ft
05/12/2022 05/12/22 Sold $375,000 0.0% $670 / Sq Ft View Prior Sale
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 Off Market $375,000 -- --
04/18/2022 04/18/22 For Sale $319,000 +17.3% $570 / Sq Ft
04/16/2020 04/16/20 Sold $272,000 -2.9% $486 / Sq Ft View Prior Sale
04/02/2020 04/02/20 Price Changed $280,000 0.0% $500 / Sq Ft
04/02/2020 04/02/20 For Sale $280,000 0.0% $500 / Sq Ft
02/01/2020 02/01/20 For Sale $280,000 +81.8% $500 / Sq Ft
10/31/2014 10/31/14 Sold $154,000 0.0% $266 / Sq Ft View Prior Sale
10/22/2014 10/22/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $154,000 -- $266 / 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 $4,517 $430,440 $371,798 $58,642
2024 $4,517 $390,150 $337,853 $52,297
2023 $4,441 $382,500 $331,228 $51,272
2022 $3,542 $294,996 $247,240 $47,756
2021 $3,329 $274,817 $228,383 $46,434
2020 $2,133 $169,234 $120,131 $49,103
2019 $2,065 $165,916 $117,775 $48,141
2018 $2,039 $162,663 $115,465 $47,198
2017 $2,005 $159,474 $113,201 $46,273
2016 $1,966 $156,348 $110,982 $45,366
2015 $2,016 $154,000 $109,315 $44,685
2014 $1,864 $142,152 $97,342 $44,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24099849

California Regional Multiple Listing Service (CRMLS)

APN: 933-442-70