$422,000
SOLD AUG 13, 2025
4 Beds
4 Baths
2,298 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

32 Days on Market

About This Home

As of August 2025

Discover this fully occupied triplex in the heart of Central Madera, an excellent opportunity to launch or expand your investment portfolio. The property features a brand new roof and fresh exterior paint, enhancing its appeal. Each unit boasts private yards and covered parking, with convenient alley access. The spacious center apartment offers 2 bedrooms and 2 baths, while the two end units each feature 1 bedroom and 1 bath. Conveniently located off 4th Street, this triplex is a must-see for any savvy investor!

Last Agent to Sell the Property

Junia Painter

Independent Realty Group License #01360744 Listed on: 05/29/2025

Last Buyer's Agent

Junia Painter

Independent Realty Group License #01360744 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1947

Parking

  • Carport

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,298 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,970 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Units
  • Gross Income $33,900

Listing and Financial Details

  • Tenant pays for electricity, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,316

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Triplex
  • Price Per Square Foot: 183.64
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1947

Interior Features

  • Fireplace: None
  • Bathrooms: 4.00
  • Bedrooms: 4
  • Square Footage: 2298.00

Exterior Features

  • Yard: Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Domestic Water, Public Sewer
  • Heat/Cool: Floor or Wall Heat, Window or Wall A/C

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.1600
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6970.00
  • Price Per Acre: 2637500.00

Building Info

  • Year Built: 1947

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 33900.00
  • IncomeIncludes: Month to Month, Lease
  • Total Units: 3

MLS Schools

  • School District 2: Madera Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 8, 2025
Sold by
Mertz Wilbur R and Mertz Trust
Bought by
Ruiz Maria
Seller's Agent
Junia Painter
Independent Realty Group
Buyer's Agent
Junia Painter
Independent Realty Group
List Price
$420,000
Sold Price
$422,000
Premium/Discount to List
$2,000
0.48%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-19.47%
Original Mortgage
$312,280
Outstanding Balance
$311,732
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$97,669

Purchase Details

Listed on
May 9, 2014
Closed on
Aug 13, 2014
Sold by
Braga Michael and Braga Julia
Bought by
The Mertz Trust
Seller's Agent
Junia Painter
Independent Realty Group
Buyer's Agent
Junia Painter
Independent Realty Group
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Braga Michael and Braga Julia

Purchase Details

Closed on
Oct 27, 2010
Sold by
Villar Francisco J and Villar Linda M
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 2007
Sold by
Villar Francisco Javier
Bought by
Villar Francisco Javier

Purchase Details

Closed on
Aug 5, 2005
Sold by
Bernstein Michael S
Bought by
Villar Francisco J and Villar Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2003
Sold by
Landucci Joseph and Landucci Flora
Bought by
Bernstein Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,230
Interest Rate
5.78%
Mortgage Type
Stand Alone First
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 Type Sale Price Title Company
Grant Deed $422,000 Socal Title Company
Grant Deed $165,000 Chicago Title Company
Grant Deed $105,000 None Available
Trustee Deed $102,804 Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $324,000 Stewart
Grant Deed $129,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,280 New Conventional
Previous Owner $243,000 Unknown
Previous Owner $90,230 Stand Alone First
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2025 08/13/25 Sold $422,000 +0.5% $184 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $420,000 +154.5% $183 / Sq Ft
08/25/2014 08/25/14 Sold $165,000 -5.7% $72 / Sq Ft View Prior Sale
08/04/2014 08/04/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $175,000 -- $76 / 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 $2,316 $198,735 $42,059 $156,676
2023 $2,316 $191,037 $40,427 $150,610
2022 $2,166 $186,861 $39,635 $147,226
2021 $2,126 $183,698 $38,858 $144,840
2020 $2,166 $181,890 $38,460 $143,430
2019 $2,185 $181,295 $37,706 $143,589
2018 $2,017 $177,850 $36,967 $140,883
2017 $1,996 $174,514 $36,243 $138,271
2016 $1,948 $171,235 $35,533 $135,702
2015 $1,910 $168,170 $35,000 $133,170
2014 $1,222 $112,907 $26,128 $86,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 631194

Fresno MLS

APN: 006-084-012