NOT LISTED FOR SALE

450 E Madison Ave El Cajon, CA 92020

Estimated Value: $701,000 - $776,000

3 Beds
2 Baths
1,152 Sq Ft
$631/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $515,000 $447 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,419/month

10 Days on Market

Highlights

  • Solar Power System
  • Wood Flooring
  • Breakfast Area or Nook
  • Updated Kitchen
  • Granite Countertops
  • Galley Kitchen

About This Home

As of October 2020

Amazing location at a reasonable price! 3 bedroom 2 bath. Great for first time homebuyers. Seller recently installed new A/C, New Paid Off Solar, upgraded both bathrooms and flooring in living room and hallway. This charming 1,152-square-foot home sits on a generous 6,200-square foot piece of land, featuring spacious front and back yards, in their original natural state, suitable to be landscaped or converted into patio areas. Recently renovated. See supplemental and confidential remarks. [Supplement]: Amazing location at a reasonable price! Just a few blocks away from I-8 and major thoroughfares, and minutes away from state routes 67, 52, and 125. , Schools, parks, and restaurants are just a stone's throw away, in addition to entertainment venues and weekend destinations at a short drive's distance. This charming 1,152-square-foot detached unit sits on a generous 6,200-square foot piece of land, featuring spacious front and back yards, in their original natural state, suitable to be landscaped or converted into patio areas. Recently renovated, the home offers updates features throughout, including beautiful hardwood floors, an airy kitchen with new granite counters, rich, dark cabinets, and stainless steel appliances. A traditional pitched ceiling with visible wooden beams accentuate the three-bedroom, two-bathroom property; the open living room & dining areas are simple, yet spacious. A one-vehicle carport sits at the end of a spacious driveway. No nonsense, down-to-earth, comfortable living. Welcome home.

Last Agent to Sell the Property

Minerva Rzeslawski

RE/MAX City Real Estate License #01019749 Listed on: 09/01/2020

RE/MAX City Real Estate

Last Buyer's Agent

Rick Evans

eXp Realty of Southern California, Inc. License #01276065

eXp Realty of Southern California, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 6,200 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-1:SINGLE

Home Design

  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Galley Kitchen
  • Updated Kitchen
  • Breakfast Area or Nook
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Carport
  • Driveway
  • RV Potential

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 4833520800

Home Details

Home Type

Single Family

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: El Cajon
  • Zoning: R-1:SINGLE
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4833520800
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Living Area: 1152.00 Square Feet
  • Interior Amenities: Granite Counters, Unfurnished
  • Stories: 1
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 447.05
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Carport, Driveway, RV Potential
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Solar
  • Laundry Features: In Kitchen
  • Sewer: Private Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6200.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lot Size Area: 6200.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 13, 2020
Sold by
Zurita David
Bought by
Coronado Melissa and Coronado Michael
Seller's Agent
Minerva Rzeslawski
RE/MAX City Real Estate
Buyer's Agent
Rick Evans
eXp Realty of Southern California, Inc.
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Current Estimated Value
$727,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,247
Avg. Annual Appreciation
6.88%
Original Mortgage
$499,550
Outstanding Balance
$443,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$283,734

Purchase Details

Closed on
Aug 25, 2020
Sold by
Zurita David and Fuentes Briana M
Bought by
Zurita David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,550
Outstanding Balance
$443,513
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$283,734

Purchase Details

Closed on
Feb 13, 2014
Sold by
Aslan Residential I Llc
Bought by
Zurita David and Fuentes Briana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,450
Interest Rate
4.47%
Mortgage Type
VA

Purchase Details

Listed on
Jun 15, 2013
Closed on
Sep 4, 2013
Sold by
California Foreclosure Prevention Inc
Bought by
Aslan Residential I Llc
Seller's Agent
Silvia Clark
Coldwell Banker West
Buyer's Agent
Silvia Clark
Coldwell Banker West
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%

Purchase Details

Listed on
Jun 15, 2013
Closed on
Aug 22, 2013
Sold by
Fernandez Hilario
Bought by
California Foreclosure Prevention Inc
Seller's Agent
Silvia Clark
Coldwell Banker West
Buyer's Agent
Silvia Clark
Coldwell Banker West
List Price
$235,000
Sold Price
$235,000

Purchase Details

Closed on
Nov 28, 2006
Sold by
Fernandez Rosa Elia
Bought by
Fernandez Hilario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 11, 2006
Sold by
Mccormick Gerald P
Bought by
Fernandez Hilario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 2004
Sold by
Mccormick Harriet E
Bought by
Mccormick Harriet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2003
Sold by
Mccormick Harriet E
Bought by
Mccormick Harriet E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Coronado Melissa $515,000 First American Title
Zurita David -- First American Title Ins Co
Zurita David -- First American Title
Zurita David $300,000 First American Title Company
Aslan Residential I Llc -- Accommodation
California Foreclosure Prevention Inc $238,000 First American Title San Die
Fernandez Hilario -- United Title Company
Fernandez Hilario $385,000 United Title Company
Mccormick Harriet E -- --
Mccormick Harriet E -- Southland Title
Mccormick Harriet E -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronado Melissa $499,550
Previous Owner Zurita David $306,450
Previous Owner Fernandez Hilario $77,000
Previous Owner Fernandez Hilario $308,000
Previous Owner Mccormick Harriet E $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2020 10/27/20 Sold $515,000 +3.2% $447 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $499,000 +112.3% $433 / Sq Ft
08/29/2013 08/29/13 Sold $235,000 0.0% $204 / Sq Ft View Prior Sale
08/20/2013 08/20/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $235,000 -- $204 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,444 $557,450 $297,668 $259,782
2024 $7,444 $546,521 $291,832 $254,689
2023 $7,195 $535,806 $286,110 $249,696
2022 $7,049 $525,300 $280,500 $244,800
2021 $6,745 $515,000 $275,000 $240,000
2020 $4,406 $336,261 $179,339 $156,922
2019 $4,046 $329,669 $175,823 $153,846
2018 $7,960 $323,206 $172,376 $150,830
2017 $3,930 $316,870 $168,997 $147,873
2016 $3,774 $310,658 $165,684 $144,974
2015 $3,755 $305,993 $163,196 $142,797
2014 $3,682 $300,000 $160,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200042389

California Regional Multiple Listing Service (CRMLS)

APN: 483-352-08