NOT LISTED FOR SALE

318 Orange Ave Chowchilla, CA 93610

Estimated Value: $376,000 - $420,000

4 Beds
4 Baths
2,326 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $295,000 $127 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,403/month

121 Days on Market

Highlights

  • 1 Car Attached Garage
  • 1-Story Property
  • 3-minute walk to RC Wisener Park
  • Forced Air Heating and Cooling System

About This Home

As of May 2017

ATTENTION! BUY 1 OR BUY ALL 3!!! Seller is selling 3 separate duplexes located side by side! A total of 6 rentals! Each duplex has it's own APN and is individually listed on the MLS. Each unit is approximately 1163sf, 2 bedrooms, 2 bathrooms, plus attached 1 car garage, private fenced yards. Very well maintained units with long-term tenants!

Last Agent to Sell the Property

Michelle Arensdorf

Park Place Realty License #00867211 Listed on: 12/06/2016

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 2005

Lot Details

  • 6,882 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,326 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $20,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Operating Expense $1,651
  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Year Built

2005

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2326
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Interior Features

  • Living Sq Ft: 2326
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6864.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6864.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.70
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters
  • Expenses Total: 1651
  • Income Annual Gross: 20400.00
  • Income Annual Rental: 20400
  • Income Gross Scheduled: 20400
  • Income Includes: Rents
  • Meters: Master Gas, Separate Electric, Separate Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2021
Sold by
Selby Marcia
Bought by
Selby Marcia A and Marcia Selby Living Trust
Current Estimated Value
$403,319

Purchase Details

Listed on
Dec 6, 2016
Closed on
Apr 13, 2017
Sold by
Stoffers William and Stoffers Carol Kurtz
Bought by
Selby Melvin and Selby Marcia
Seller's Agent
Michelle Arensdorf
Park Place Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$329,000
Sold Price
$295,000
Premium/Discount to List
-$34,000
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Mar 27, 2013
Sold by
Stoffers William and Stoffers Carol Kurtz
Bought by
Stoffers William and Stoffers Carol Kurtz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,018
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2013
Sold by
Stoffers William and Stoffers Carol Kurtz
Bought by
Stoffers William and Stoffers Carol Kurtz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,018
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2005
Sold by
Stoffers William
Bought by
Kurtz Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 26, 2005
Sold by
Smith James W and Smith Darlene
Bought by
Stoffers William
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
Selby Marcia A -- None Available
Selby Melvin $295,000 Chicago Title Company
Stoffers William -- None Available
Stoffers William -- Lsi
Kurtz Carol -- First American Title
Stoffers William H $295,000 First American Title
Stoffers William $295,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoffers William $253,018
Previous Owner Stoffers William H $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $295,000 0.0% $127 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/07/2017 04/07/17 Off Market $295,000 -- --
01/09/2017 01/09/17 Price Changed $299,900 -8.8% $129 / Sq Ft
12/06/2016 12/06/16 For Sale $329,000 -- $141 / Sq Ft
Source: MLSListings

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 $3,660 $342,367 $46,420 $295,947
2023 $3,660 $329,074 $44,618 $284,456
2022 $3,422 $322,623 $43,744 $278,879
2021 $3,374 $316,298 $42,887 $273,411
2020 $3,287 $313,056 $42,448 $270,608
2019 $3,259 $306,918 $41,616 $265,302
2018 $3,187 $300,900 $40,800 $260,100
2017 $1,701 $160,000 $40,000 $120,000
2016 $1,651 $160,000 $40,000 $120,000
2015 $1,449 $140,000 $40,000 $100,000
2014 $1,451 $130,000 $30,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Michelle Arensdorf

    Seller's Agent in 2017

    Michelle Arensdorf

    Park Place Realty

    (831) 206-5190

    29 Total Sales

    Michelle Arensdorf
    Section Image

  • R

    Buyer's Agent in 2017

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81633340

MLSListings

APN: 002-048-014

California Madera County Chowchilla 93610

318 Orange Ave, Chowchilla, CA

Not Listed for Sale

MultiFamily

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