NOT LISTED FOR SALE

3540 Madison Ave Unit 4 San Diego, CA 92116

Normal Heights Neighborhood

Estimated Value: $546,000 - $769,000

2 Beds
2 Baths
720 Sq Ft
$320/mo HOA Fee

Last Sold December 06, 2021

Last sale price $535,000 $743 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,144/month

18 Days on Market

Highlights

  • Balcony
  • Walk-In Closet
  • Property is Fully Fenced
  • 1 Car Attached Garage
  • Laundry closet
  • 4-minute walk to Adams Community Park

About This Home

As of December 2021

Amazing unit in University Heights! Upgraded 2 bed with 2 full baths unit situated on the South side of the building with tons of natural light and large balcony that spans across the full width of the unit. Upgrades include ceramic wood look tile, high traffic carpet, granite counters, upgraded cabinets and MORE. Ideally situated over the garages so no one above or below. In unit laundry, large walk in closet and generous sized rooms. Also includes one car garage and one off street parking spot. Close to all and near Adams. Don't miss this one! Please view the virtual tour and virtual tour video!

Last Agent to Sell the Property

Lyndie Gauthier

Innovate Realty, Inc. License #01756825 Listed on: 10/23/2021

Co-Listed By

Zandra Ulloa

Team Z Realty License #01849548

Last Buyer's Agent

VINCE PROFACA VINCE PROFACA

Cashin Company License #01232068

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,867

Year Built

  • Built in 1984

Lot Details

  • 5,881

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Utilities

  • Gravity Heating System
  • Separate Water Meter

Additional Features

  • Balcony
  • Property is Fully Fenced

Listing and Financial Details

  • Assessor Parcel Number 440-570-31-04

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, gated community, limited insurance, termite
  • 7 Units
  • Madison Gardens Maintenan Association, Phone Number (858) 564-0579
  • Madison Gardens Community

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,867

Year Built

Built in 1984

Lot Details

0

HOA Fees

$320 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Adams and Wilson
  • Neighborhood: University Heights
  • LP / Sq Ft: 687.5
  • Price Per Sq Ft: 743.06
  • SP/ Sq Ft: 743.06
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1984
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Oven, Counter Top
  • Searchable Rooms: Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 720
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Balcony
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Assigned, Attached
  • Garage Spaces: 1
  • Non Garage Parking: Driveway
  • Garage Spaces: 1
  • Parking Spaces Total: 2

Utilities

  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Wall/Gravity
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Madison Gardens
  • Total Fees: 3840.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 7
  • Total Number of Units: 7
  • Community: UNIVERSITY HEIGHTS
  • Home Owner Association: Madison Gardens Maintenan
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Limited Insurance, Termite
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 320.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-564-0579

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 320

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 440-570-31-04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Nov 24, 2021
Sold by
Guerrero Abigail
Bought by
Gavares Danell and Gavares John
Seller's Agent
Lyndie Gauthier
Innovate Realty, Inc.
Buyer's Agent
VINCE PROFACA VINCE PROFACA
Cashin Company
List Price
$495,000
Sold Price
$535,000
Premium/Discount to List
$40,000
8.08%
Current Estimated Value
$613,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,347
Avg. Annual Appreciation
3.64%
Original Mortgage
$428,000
Outstanding Balance
$393,542
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$219,805

Purchase Details

Closed on
Nov 14, 2016
Sold by
Rutledge Taylor
Bought by
Guerrero Abigail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2012
Sold by
Wright Thomas and Wright Ericka
Bought by
Rutlege Taylor

Purchase Details

Closed on
Feb 24, 2004
Sold by
3540 Madison Avenue Llc
Bought by
Wright Thomas and Wright Ericka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,920
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gavares Danell $535,000 Ticor Title Co Sd Branch
Guerrero Abigail $315,000 California Title Company
Rutlege Taylor $143,000 Fidelity National Title
Wright Thomas $330,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavares Danell $428,000
Previous Owner Guerrero Abigail $299,250
Previous Owner Wright Thomas $263,920
Closed Wright Thomas $49,485
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $535,000 +8.1% $743 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $495,000 -- $688 / Sq Ft
Source: San Diego MLS

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 $6,867 $567,743 $277,913 $289,830
2024 $6,867 $556,612 $272,464 $284,148
2023 $6,716 $545,699 $267,122 $278,577
2022 $6,538 $535,000 $261,885 $273,115
2021 $4,106 $337,740 $165,325 $172,415
2020 $4,055 $334,278 $163,630 $170,648
2019 $3,982 $327,724 $160,422 $167,302
2018 $3,722 $321,299 $157,277 $164,022
2017 $3,632 $315,000 $154,194 $160,806
2016 $1,775 $148,750 $72,814 $75,936
2015 $1,749 $146,517 $71,721 $74,796
2014 $1,722 $143,648 $70,317 $73,331
Source: Public Records

Agents Affiliated with this Home

  • Lyndie Gauthier

    Seller's Agent in 2021

    Lyndie Gauthier

    Innovate Realty, Inc.

    (858) 344-0191

    2 in this area

    45 Total Sales

    Lyndie Gauthier
    Section Image

  • Z

    Seller Co-Listing Agent in 2021

    Zandra Ulloa

    Team Z Realty

    Section Image

  • V

    Buyer's Agent in 2021

    VINCE PROFACA VINCE PROFACA

    Cashin Company

  • D

    Buyer's Agent in 2021

    Doug Wafer

    Compass

    Section Image
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Map

Source: San Diego MLS

MLS Number: 210029604

San Diego MLS

APN: 440-570-31-04

California San Diego County San Diego 92116 Normal Heights

3540 Madison Ave Unit 4, San Diego, CA

This home is located at 3540 Madison Ave Unit 4, San Diego, CA 92116 since 23 October 2021 and is currently estimated at $613,347, approximately $851 per square foot. This property was built in 1984. 3540 Madison Ave Unit 4 is a home located in San Diego County with nearby schools including John Adams Elementary School, Wilson Middle School, and Herbert Hoover High School.

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