NOT LISTED FOR SALE

Estimated Value: $384,000 - $449,000

4 Beds
2 Baths
1,800 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $200,000 $111 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,520/month

About This Home

As of March 2022

Duplex, two units on one corner lot located near Madera High.

Last Agent to Sell the Property

Alex Salazar

RE/MAX Gold Brokerage Phone: 559-232-5668 License #01723956 Listed on: 03/17/2022

RE/MAX Gold

Last Buyer's Agent

Alex Salazar

RE/MAX Gold Brokerage Phone: 559-232-5668 License #01723956 Listed on: 03/17/2022

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 7 / 63
  • Assessor Parcel Number 010141005

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 010141005
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 111.11

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 63
  • Tax Census Tract: 8.00
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Mar 7, 2022
Sold by
Future Investments Ltd
Bought by
Khadashi Management Llc
Seller's Agent
Alex Salazar
RE/MAX Gold
Buyer's Agent
Alex Salazar
RE/MAX Gold
List Price
$200,000
Sold Price
$200,000
Current Estimated Value
$420,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,667
Avg. Annual Appreciation
21.55%
Original Mortgage
$877,500
Outstanding Balance
$819,868
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
-$399,201

Purchase Details

Closed on
Oct 15, 2003
Sold by
Alhomedi Ahmed S
Bought by
Alhomedi Investments Ltd

Purchase Details

Closed on
Feb 20, 2003
Sold by
Alhomedi Ahmed S
Bought by
City Of Madera

Purchase Details

Closed on
Dec 27, 2002
Sold by
Alhomedi Investments Ltd
Bought by
Future Investments Ltd
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
Khadashi Management Llc $1,350,000 Placer Title
Alhomedi Investments Ltd -- --
City Of Madera -- Chicago Title
Future Investments Ltd -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khadashi Management Llc $877,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2022 03/17/22 For Sale $200,000 0.0% $111 / Sq Ft
03/16/2022 03/16/22 Sold $200,000 -- $111 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
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 $3,857 $331,095 $63,672 $267,423
2023 $3,857 $318,240 $61,200 $257,040
2022 $1,113 $93,902 $23,468 $70,434
2021 $1,093 $92,061 $23,008 $69,053
2020 $1,112 $91,118 $22,773 $68,345
2019 $1,104 $89,332 $22,327 $67,005
2018 $1,021 $87,582 $21,890 $65,692
2017 $1,009 $85,865 $21,461 $64,404
2016 $985 $84,183 $21,041 $63,142
2015 $942 $82,919 $20,725 $62,194
2014 $880 $81,296 $20,320 $60,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MD22052038

California Regional Multiple Listing Service (CRMLS)

APN: 010-141-005