NOT LISTED FOR SALE

3540 Madison Ave Unit 7 San Diego, CA 92116

Normal Heights Neighborhood

Estimated Value: $516,000 - $648,000

2 Beds
2 Baths
720 Sq Ft
$290/mo HOA Fee

Last Sold November 30, 2021

Last sale price $451,000 $626 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,727/month

85 Days on Market

Highlights

  • Contemporary Architecture
  • Level Lot
  • 4-minute walk to Adams Community Park
  • Family Room
  • Fence is in good condition

About This Home

As of November 2021

Charming 2 bedroom, 2 bathroom, upper level, end unit, single story condo in the community of Madison Gardens in the area of Normal Heights in San Diego! Enjoy a light, bright open floor plan with laminate wood flooring, a breakfast nook, and a private neighborhood view balcony. The kitchen offers granite countertops, a breakfast bar, and a breakfast nook. The bedrooms feature large closets and a beautiful updated primary bathroom with a shower-in-tub. Additional property highlights include the inside laundry room and assigned parking space. Convenient to area cafes, restaurants, boutique shopping, and major freeways!

Last Agent to Sell the Property

Justin Tye

Active Realty Inc License #01728694 Listed on: 08/07/2021

Co-Listed By

Zandra Ulloa

Team Z Realty License #01849548

Last Buyer's Agent

Wesley Guest

Wesley Tyler Real Estate Group License #01855519

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,708

Year Built

  • Built in 1984

Lot Details

  • Fence is in good condition

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 720 Sq Ft Home
  • 2-Story Property
  • Family Room

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 1 Parking Space
  • Assigned Parking

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Community Details

  • Association fees include common area maintenance
  • 4 Units
  • Madison Gardens Maintenan Association, Phone Number (858) 564-0579
  • Madison Gardens Community

Listing and Financial Details

  • Assessor Parcel Number 440-570-31-07

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,708

Year Built

Built in 1984

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: 35th St
  • Neighborhood: Normal Heights
  • LP / Sq Ft: 618.06
  • Price Per Sq Ft: 626.39
  • SP/ Sq Ft: 626.39
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • 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: 7
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Range/Oven
  • Searchable Rooms: Family Room, Kitchen
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x10
  • Full Bathrooms: 2
  • Laundry Location: Inside
  • Estimated Sq Ft: 720
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Good Condition
  • Roof: Composition

Garage/Parking

  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Unknown
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Madison Gardens
  • Total Fees: 3480.0
  • Units In Building: 4
  • Total Number of Units: 100
  • Community: NORMAL HEIGHTS
  • Home Owner Association: Madison Gardens Maintenan
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 290.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-564-0579

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 290

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 440-570-31-07
  • Estimated Lot Sq Ft: 5886
  • Estimated Number of Acres: 0.14
  • Map Code Column: F
  • Map Code Page: 1269
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2021
Closed on
Nov 23, 2021
Sold by
Zillow Homes Property Trust
Bought by
Jones Megan Kathleen
Seller's Agent
Justin Tye
Active Realty Inc
Buyer's Agent
Wesley Guest
Wesley Tyler Real Estate Group
List Price
$500,900
Sold Price
$451,000
Premium/Discount to List
-$49,900
-9.96%
Current Estimated Value
$558,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,524
Avg. Annual Appreciation
5.73%
Original Mortgage
$360,800
Outstanding Balance
$330,886
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$227,638

Purchase Details

Closed on
Jul 16, 2021
Sold by
Li Henry K
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Apr 1, 2014
Sold by
Watschke Jessica D
Bought by
Li Henry K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2010
Sold by
Madden Amy M
Bought by
Watschke Jessica D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2004
Sold by
3540 Madison Avenue Llc
Bought by
Carlson Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,920
Interest Rate
5.25%
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
Jones Megan Kathleen $451,000 Zillow Closing & Escrow Svcs
Zillow Homes Property Trust $486,000 Zillow Closing & Escrow Svcs
Li Henry K $239,000 Fidelity National Title
Watschke Jessica D $190,000 Stewart Title Of California
Madden Amy M -- Stewart Title Of California
Carlson Amy M $315,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Megan Kathleen $360,800
Previous Owner Li Henry K $215,100
Previous Owner Watschke Jessica D $152,000
Previous Owner Carlson Amy M $251,920
Closed Carlson Amy M $62,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $451,000 +1.3% $626 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $445,000 -2.2% $618 / Sq Ft
10/09/2021 10/09/21 Price Changed $455,000 -1.1% $632 / Sq Ft
09/17/2021 09/17/21 Price Changed $460,000 -4.2% $639 / Sq Ft
09/03/2021 09/03/21 Price Changed $480,000 -3.0% $667 / Sq Ft
08/20/2021 08/20/21 Price Changed $495,000 -1.2% $688 / Sq Ft
08/07/2021 08/07/21 For Sale $500,900 -- $696 / 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 $5,708 $478,602 $277,086 $201,516
2024 $5,708 $469,218 $271,653 $197,565
2023 $5,667 $460,019 $266,327 $193,692
2022 $5,516 $451,000 $261,105 $189,895
2021 $3,365 $270,662 $156,699 $113,963
2020 $3,325 $267,888 $155,093 $112,795
2019 $3,266 $262,636 $152,052 $110,584
2018 $3,055 $257,487 $149,071 $108,416
2017 $2,982 $252,440 $146,149 $106,291
2016 $2,934 $247,491 $143,284 $104,207
2015 $2,891 $243,774 $141,132 $102,642
2014 $2,305 $200,065 $115,827 $84,238
Source: Public Records

Agents Affiliated with this Home

  • Justin Tye

    Seller's Agent in 2021

    Justin Tye

    Active Realty Inc

    (949) 381-8581

    3 in this area

    2,281 Total Sales

    Justin Tye
    Section Image

  • Z

    Seller Co-Listing Agent in 2021

    Zandra Ulloa

    Team Z Realty

    Section Image
  • Wesley Guest

    Buyer's Agent in 2021

    Wesley Guest

    Wesley Tyler Real Estate Group

    (619) 379-7675

    1 in this area

    29 Total Sales

    Wesley Guest
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210022487

San Diego MLS

APN: 440-570-31-07

California San Diego County San Diego 92116 Normal Heights

3540 Madison Ave Unit 7, San Diego, CA

This home is located at 3540 Madison Ave Unit 7, San Diego, CA 92116 since 07 August 2021 and is currently estimated at $558,524, approximately $775 per square foot. This property was built in 1984. 3540 Madison Ave Unit 7 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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