Seller's Agent in 2020
Lucy Salazar
RE/MAX
(559) 232-2190
4 in this area
33 Total Sales
505 Clinton St Madera, CA 93638
Downtown Madera NeighborhoodEstimated Value: $327,000 - $403,000
4
Beds
3
Baths
1,855
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Laundry Room
- Landscaped
- 1-Story Property
About This Home
As of November 2020Great Duplex located in Madera. Fully occupied units, with longtime tenants. Great rental income for this area, with potential to grow. UNIT#1: 2 bedroom, 2 bathroom with one car garage, and UNIT#2: 2 bedroom, 1 bathroom, with one car garage. Call today for more information about this property
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,842
Year Built
- Built in 1979
Lot Details
- 6,212 Sq Ft Lot
- 1 Common Wall
- Landscaped
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,855 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 1 / 97
- Assessor Parcel Number 007201021
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $2
- Gross Income $19,860
- Net Operating Income $16,982
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2020
Closed on
Oct 26, 2020
Sold by
Greystone Enterprises Llc
Bought by
Aazj Properties
Seller's Agent
Lucy Salazar
Remax Gold
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$235,000
Sold Price
$226,000
Premium/Discount to List
-$9,000
-3.83%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,192
Avg. Annual Appreciation
10.20%
Purchase Details
Listed on
Jun 14, 2016
Closed on
Jul 12, 2016
Sold by
Iqbal Muhammad S
Bought by
Greystone Enterprises Llc
Seller's Agent
Alex Salazar
Remax Gold
Buyer's Agent
Lucy Salazar
Remax Gold
List Price
$178,000
Sold Price
$155,800
Premium/Discount to List
-$22,200
-12.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Purchase Details
Closed on
Dec 14, 2010
Sold by
Lehman Brothers Holdings Inc
Bought by
Aurora Bank Fsb and Lehman Brothers Bank Fsb
Purchase Details
Closed on
Dec 2, 2010
Sold by
Federal National Mortgage Association
Bought by
Lehman Brothers Holdings Inc
Purchase Details
Closed on
Nov 29, 2010
Sold by
Aurora Loan Services Llc
Bought by
Iqbal Muhammad S
Purchase Details
Closed on
Mar 23, 2010
Sold by
Montiel Henry O and Montiel Virginia M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Apr 12, 2005
Sold by
Tarpening Rosalie
Bought by
Montiel Henry O and Montiel Virginia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aazj Properties | $226,000 | Placer Title Company | |
| Greystone Enterprises Llc | $156,000 | Old Republic Title Company | |
| Aurora Bank Fsb | $72,000 | None Available | |
| Lehman Brothers Holdings Inc | -- | First American Equity Loan S | |
| Iqbal Muhammad S | $72,000 | None Available | |
| Federal National Mortgage Association | $194,565 | Accommodation | |
| Montiel Henry O | $230,000 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Iqbal Muhammad S | $50,700 | |
| Previous Owner | Montiel Henry O | $195,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Sold | $226,000 | -3.8% | $122 / Sq Ft |
| 10/13/2020 10/13/20 | Pending | -- | -- | -- |
| 10/06/2020 10/06/20 | For Sale | $235,000 | +50.8% | $127 / Sq Ft |
| 07/21/2016 07/21/16 | Sold | $155,800 | -12.5% | $84 / Sq Ft |
| 06/28/2016 06/28/16 | Pending | -- | -- | -- |
| 06/11/2016 06/11/16 | For Sale | $178,000 | -- | $96 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,842 | $244,627 | $41,131 | $203,496 |
| 2023 | $2,842 | $235,130 | $39,535 | $195,595 |
| 2022 | $2,656 | $230,520 | $38,760 | $191,760 |
| 2021 | $2,607 | $226,000 | $38,000 | $188,000 |
| 2020 | $1,968 | $165,335 | $37,142 | $128,193 |
| 2019 | $1,953 | $162,094 | $36,414 | $125,680 |
| 2018 | $1,802 | $158,916 | $35,700 | $123,216 |
| 2017 | $1,781 | $155,800 | $35,000 | $120,800 |
| 2016 | $946 | $82,249 | $21,644 | $60,605 |
| 2015 | $920 | $81,014 | $21,319 | $59,695 |
| 2014 | $859 | $79,428 | $20,902 | $58,526 |
Source: Public Records
Agents Affiliated with this Home
-
Lucy Salazar
-
Alex Salazar
Seller Co-Listing Agent in 2020
Alex Salazar
RE/MAX
(559) 232-5668
14 in this area
530 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2020
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,819 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MD20209974
APN: 007-201-021
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