NOT LISTED FOR SALE

339 E 4th St Madera, CA 93638

Downtown Madera Neighborhood

Estimated Value: $428,000 - $452,156

8 Beds
5 Baths
3,398 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $310,000 $91 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,702/month

74 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3 Car Garage

About This Home

As of May 2020

Great investment property with long term renters. Because renters have been renting for many years, rents are under market. Rents could be increased to today's rental rates. Property is in great location and condition. Great renters, easy to manage. Little maintenance required. Close to schools and downtown. Property has been recently painted so some of the pictures are before and after painting. Thank you

Last Agent to Sell the Property

Jose Gutierrez

HomeSmart PV & Associates License #01470141 Listed on: 02/13/2020

HomeSmart PV & Associates

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 1958

Lot Details

  • 7,496

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • 7,496 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 007-083-005

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Insurance Expense $1,481
  • Net Operating Income $23,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,957

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1958
  • Stories: 2
  • Number of Four Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Gas Range,Gas Water Heater
  • Flooring: Carpet,Tile
  • Window Features: Weather Stripped

Exterior Features

  • Construction Materials: Frame,Stucco,Vinyl Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 325000.00
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 3
  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: MULTI FAMILY TRIPLEX
  • Lot Size Acres: 0.1721
  • Lot Size Sq Ft: 7496

Rental Info

  • Tenant Pays: Cable TV,Electricity
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1481
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 007-083-005
  • Current RE Taxes: 1957
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Madera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Madrigal Ricardo and Madrigal Gloria
Bought by
Hokokian John and Hokokian Vicki
Current Estimated Value
$439,289

Purchase Details

Closed on
Aug 27, 2021
Sold by
West Coast Usa Properties Llc
Bought by
Madrigal Ricardo and Madrigal Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2020
Closed on
May 14, 2020
Sold by
Gutierrez Alex
Bought by
West Coast Usa Properties Llc
Seller's Agent
Jose Gutierrez
HomeSmart PV & Associates
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$450,000
Sold Price
$310,000
Premium/Discount to List
-$140,000
-31.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$325,000
Interest Rate
3.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Gutierrez Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2009
Sold by
Loera Amador
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 29, 2004
Sold by
Truhitte Bob and Truhitte Wanda
Bought by
Loera Amador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back
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
Hokokian John $397,500 Chicago Title
Madrigal Ricardo $325,000 Placer Title Company
West Coast Usa Properties Llc $310,000 Fidelity National Title Co
Gutierrez Alex $140,000 None Available
Deutsche Bank National Trust Company $150,000 None Available
Loera Amador $349,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrigal Ricardo $160,000
Previous Owner West Coast Usa Properties Llc $325,000
Previous Owner Gutierrez Alex $105,000
Previous Owner Loera Amador $279,000
Closed Loera Amador $26,430
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $310,000 -4.6% $91 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
03/31/2020 03/31/20 Price Changed $325,000 -7.1% $96 / Sq Ft
03/06/2020 03/06/20 Price Changed $350,000 -22.2% $103 / Sq Ft
02/13/2020 02/13/20 For Sale $450,000 -- $132 / Sq Ft
Source: MetroList

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 $4,794 $413,558 $48,898 $364,660
2023 $4,794 $397,500 $47,000 $350,500
2022 $3,677 $319,474 $46,375 $273,099
2021 $3,608 $313,211 $45,466 $267,745
2020 $1,971 $165,231 $41,306 $123,925
2019 $1,957 $161,993 $40,497 $121,496
2018 $1,805 $158,817 $39,703 $119,114
2017 $1,784 $155,704 $38,925 $116,779
2016 $1,740 $152,652 $38,162 $114,490
2015 $1,708 $150,360 $37,589 $112,771
2014 $1,595 $147,415 $36,853 $110,562
Source: Public Records

Agents Affiliated with this Home

  • Jose Gutierrez

    Seller's Agent in 2020

    Jose Gutierrez

    HomeSmart PV & Associates

    (209) 872-1131

    73 Total Sales

    Jose Gutierrez
    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 20008753

MetroList

APN: 007-083-005

California Madera County Madera 93638 Downtown Madera

339 E 4th St, Madera, CA

Not Listed for Sale

MultiFamily

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