NOT LISTED FOR SALE

40887 Avenue 14 Madera, CA 93636

Estimated Value: $666,000 - $1,220,000

3 Beds
2 Baths
1,892 Sq Ft
$523/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $848,000 $448 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,067/month

5 Days on Market

Highlights

  • 40.09 Acre Lot
  • Ranch Style House
  • Formal Dining Room
  • Ranchos Middle School Rated A-
  • Covered Patio or Porch
  • Fenced Yard

About This Home

As of June 2020

40 acres + 2010 Bricker-built home, short 10 minute drive to River Park. Across the street from a producing vineyard, this property is suitable for nut trees or range cattle. Includes nicely landscaped home and domestic well with ample water. Enjoy beautiful sunset views from your back patio. North of Riverstone development and West of Tesoro Viejo project -in path of future development!

Last Agent to Sell the Property

Twyla Smith

Rise Real Estate License #01397023 Listed on: 04/10/2020

Co-Listed By

Rita Amaro

Rise Real Estate License #01398115

Last Buyer's Agent

Rita Amaro

Rise Real Estate License #01398115

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 40.09 Acre Lot
  • Fenced Yard
  • Front and Back Yard Sprinklers

Parking

  • Automatic Garage Door Opener

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,892 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Formal Dining Room
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • SEER Rated 13+ Air Conditioning Units
  • Heating System Powered By Leased Propane
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Price Per Square Foot: 448.20
  • Year Built Exception: 0
  • Leased Equipment: Propane
  • Number Of Stories: Single Story
  • Special Features: None
  • Stories: 1
  • Year Built: 2010

Interior Features

  • Fireplace Type: Gas Insert
  • Number Of Fireplaces: 1
  • Flooring: Carpet, Tile
  • Bathrooms: 2.00
  • Bedrooms: 3
  • Bathroom Features: Tub/Shower, Shower
  • Dining Room Features: Formal
  • Kitchen: Built In Range/Oven
  • Laundry: Inside
  • Square Footage: 1892.00

Exterior Features

  • Yard: Sprinklers Front, Sprinklers Back, Fenced
  • Roofing: Composition
  • Exterior: Stucco
  • Detached Structures: Shed
  • Foundation: Concrete
  • Patio: Covered
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Auto Opener

Utilities

  • Heating And Cooling: Central Heat & Cool
  • Gas And Electric: Public Utilities, Propane
  • Sewer/Water: Septic Tank, Private Well

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 40.0900
  • Lot Measurement: Acres
  • Lot Size Sq Ft: 1746320.00
  • Price Per Acre: 21152.41
  • Tract Builder: Bricker

Green Features

  • Energy Efficiency: Dual Pane Windows, 13+ SEER A/C, Tankless WaterHeater

Building Info

  • Year Built: 2010

MLS Schools

  • School District: Golden Valley
  • School Type: High School
  • School Name: Liberty
  • School Type: Junior High School
  • School Name: Ranchos
  • School Type: Grade School
  • School Name: Sierra View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2021
Sold by
Rao Babar
Bought by
Rao Babar and The Babar K Rao Revocable Trus
Current Estimated Value
$990,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$415,661
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$582,917

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 10, 2020
Sold by
Smith Family Trust
Bought by
Rao Babar
Seller's Agent
Twyla Smith
Rise Real Estate
Buyer's Agent
Rita Amaro
Rise Real Estate
List Price
$848,000
Sold Price
$848,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$593,600
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 10, 2020
Closed on
May 26, 2020
Sold by
Rao Sumiyo Sudo
Bought by
Rao Babar
Seller's Agent
Twyla Smith
Rise Real Estate
Buyer's Agent
Rita Amaro
Rise Real Estate
List Price
$848,000
Sold Price
$848,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,600
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2019
Sold by
Ray Tobey Donald
Bought by
Smith Twyla

Purchase Details

Closed on
Dec 4, 2013
Sold by
Smith Twyla
Bought by
Smith Steven J and Smith Twyla

Purchase Details

Closed on
Mar 1, 2013
Sold by
Kolligian June
Bought by
Smith Twyla
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
Rao Babar -- Old Republic Title Company
Rao Babar $848,000 Chicago Title
Rao Babar -- Chicago Title Company
Smith Twyla -- --
Smith Steven J -- None Available
Tobey Donald Ray -- None Available
Smith Twyla -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rao Babar $548,250
Closed Rao Babar $593,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $848,000 0.0% $448 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $848,000 -- $448 / Sq Ft
Source: Fresno 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 $10,535 $927,408 $503,075 $424,333
2023 $10,188 $891,397 $483,541 $407,856
2022 $9,893 $873,919 $474,060 $399,859
2021 $9,613 $856,784 $464,765 $392,019
2020 $4,434 $376,990 $217,055 $159,935
2019 $4,224 $366,010 $210,733 $155,277
2018 $4,082 $355,349 $204,595 $150,754
2017 $4,028 $344,999 $198,636 $146,363
2016 $3,887 $334,950 $192,850 $142,100
2015 $3,885 $330,000 $190,000 $140,000
2014 $3,819 $330,000 $190,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Twyla Smith

    Seller's Agent in 2020

    Twyla Smith

    Rise Real Estate

    (559) 709-2349

    4 in this area

    23 Total Sales

    Twyla Smith
    Section Image
  • Rita Amaro

    Seller Co-Listing Agent in 2020

    Rita Amaro

    Rise Real Estate

    (559) 960-1899

    1 in this area

    90 Total Sales

    Rita Amaro
    Section Image
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Map

Source: Fresno MLS

MLS Number: 540193

Fresno MLS

APN: 051-214-005

California Madera County Madera 93636

40887 Avenue 14, Madera, CA

Not Listed for Sale

Detached

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