Seller's Agent in 2023
Paul Tatarian
The Apex Broker, Inc
(559) 260-1763
1 in this area
170 Total Sales
314 Lilly St Madera, CA 93638
East Madera NeighborhoodEstimated Value: $244,000 - $413,000
9
Beds
6
Baths
3,375
Sq Ft
$100/Sq Ft
Est. Value
About This Home
As of September 2023Turn-key investment opportunity! Existing structure is a triplex, which offers 3 separate units each featuring 3 bedrooms, 2 bathrooms, and approximately 1,125 sqft, all on a 17,000 sqft lot. The structure was built and nearly finished in 2007 at which time there was a fire, which caused damage to the back two units. Sale includes the building plans for the remodel, which have been approved by the City of Madera and permits have been issued. Section 8 vouchers for 3 bedroom apartments are currently approaching $2,000 a month, with comparable rental properties renting for similar pricing. This is a rare value-add opportunity for an investor and/or developer looking to build equity and generate substantial cash flow through the completion of the existing triplex and the potential development of an ADU. Seller will consider selling neighboring vacant lot as well at an additional cost.
Last Agent to Sell the Property
The Apex Broker, Inc License #02004998 Listed on: 09/08/2023
Property Details
Home Type
- Multi-Family
Lot Details
- 16,996 Sq Ft Lot
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,375 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Community Details
- 3 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Aug 29, 2023
Sold by
Bought by
Seller's Agent
Paul Tatarian
The Apex Broker, Inc
Buyer's Agent
Alex Salazar
RE/MAX Gold
List Price
$380,000
Sold Price
$380,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,000
Avg. Annual Appreciation
-4.24%
Purchase Details
Closed on
Feb 17, 2022
Sold by
Bought by
Purchase Details
Closed on
Mar 28, 2001
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2000
Sold by
Bought by
Purchase Details
Closed on
Aug 25, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $378,500 | Orange Coast Title | ||
| $240,000 | Chicago Title | ||
| $25,000 | Chicago Title Co | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2023 09/08/23 | Sold | $380,000 | 0.0% | $113 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | For Sale | $380,000 | -- | $113 / Sq Ft |
Source: Fresno MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,564 | $217,770 | $115,770 | $102,000 |
| 2023 | $2,564 | $188,700 | $86,700 | $102,000 |
| 2022 | $614 | $49,000 | $49,000 | $0 |
| 2021 | $614 | $49,000 | $49,000 | $0 |
| 2020 | $631 | $49,000 | $49,000 | $0 |
| 2019 | $638 | $49,000 | $49,000 | $0 |
| 2018 | $603 | $49,000 | $49,000 | $0 |
| 2017 | $607 | $49,000 | $49,000 | $0 |
| 2016 | $604 | $49,000 | $49,000 | $0 |
| 2015 | $557 | $49,000 | $49,000 | $0 |
| 2014 | $530 | $49,000 | $49,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Tatarian
-
Alex Salazar
Buyer's Agent in 2023
Alex Salazar
RE/MAX
(559) 232-5668
35 in this area
557 Total Sales
Map
Source: Fresno MLS
MLS Number: 601771
APN: 008-051-037
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.
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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