NOT LISTED FOR SALE

621 E 7th St Madera, CA 93638

East Madera Neighborhood

Estimated Value: $326,000 - $394,433

6 Beds
1.5 Baths
2,392 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $245,000 $102 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,113/month

26 Days on Market

Highlights

  • 1-Story Property
  • Central Air
  • Wood Siding

About This Home

As of February 2021

unit one 3 bedroom 1.5 bath. unit two3 bedroom 1.5 bath and 3 detach car garage. It may be just perfect for a investor.Monthly rent per unit $950.00 Monthly

Last Agent to Sell the Property

Roberto Salazar

Madera Realty License #01439028 Listed on: 12/19/2020

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.26

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,392 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 1.5 Bathrooms

Additional Features

  • 0.26 Acre Lot
  • Central Air

Community Details

  • 2 Units
  • Gross Income $23,000

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas, propane, water, trash collection, cable TV

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 102.42
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1978

Interior Features

  • Fireplace: None
  • Bathrooms: 1.50
  • Bedrooms: 6
  • Square Footage: 2392.00

Exterior Features

  • Roofing: Composition
  • Exterior: Wood, Other
  • Foundation: Concrete Perimeter

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2605
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11347.00
  • Price Per Acre: 940499.04

Building Info

  • Year Built: 1978

Rental Info

  • TenantPays: All Utilities, Electricity, Gas, Propane, Water, Trash Collection, Cable TV

Multi Family

  • Annual Income: 23000.00
  • IncomeIncludes: Unit Rent, Garage Rent, Laundry, Month to Month
  • Total Units: 2

MLS Schools

  • School District: Madera Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2022
Bought by
Ear Investments 1 Llc
Current Estimated Value
$354,108

Purchase Details

Listed on
Dec 19, 2020
Closed on
Feb 10, 2021
Seller's Agent
Roberto Salazar
Madera Realty
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%

Purchase Details

Listed on
Dec 19, 2020
Closed on
Feb 8, 2021
Sold by
Latif Muhammad and Akhtar Naheed
Seller's Agent
Roberto Salazar
Madera Realty
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$245,000
Sold Price
$245,000

Purchase Details

Closed on
Aug 27, 2019
Sold by
Latif Muhammad and Akhtar Naheed
Bought by
Latif Muhammad and Akhtar Naheed

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 2, 2018
Sold by
Cazarez and Trini
Bought by
Latif Muhammad and Akhtar Naheed
Seller's Agent
Victor Jimenez
Real Estate eBroker Inc.
Buyer's Agent
Victor Jimenez
Real Estate eBroker Inc.
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$70,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Cazarez Arturo V and Cazarez Maria Trinidad
Bought by
Cazarez Arturo and Cazarez Maria Trinidad
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
Ear Investments 1 Llc -- Michael L Dobrov
-- -- Chicago Title Company
-- -- Chicago Title Company
-- $245,000 Chicago Title Company
Latif Muhammad -- None Available
Latif Muhammad $145,000 Chicago Title
Cazarez Arturo -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latif Muhammad $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2021 02/18/21 Sold $245,000 0.0% $102 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $245,000 +69.0% $102 / Sq Ft
08/14/2018 08/14/18 Sold $145,000 0.0% $61 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $145,000 -- $61 / 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 $3,097 $265,194 $32,472 $232,722
2023 $3,097 $254,898 $31,212 $223,686
2022 $2,895 $245,000 $30,000 $215,000
2021 $1,748 $149,432 $25,764 $123,668
2020 $1,780 $147,900 $25,500 $122,400
2019 $1,767 $145,000 $25,000 $120,000
2018 $1,566 $136,310 $28,524 $107,786
2017 $1,548 $133,638 $27,965 $105,673
2016 $1,510 $131,018 $27,417 $103,601
2015 $1,466 $129,051 $27,006 $102,045
2014 $1,369 $126,524 $26,477 $100,047
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Roberto Salazar

    Madera Realty

    (559) 718-0753

    5 in this area

    28 Total Sales

    Roberto Salazar
    Section Image

  • N

    Buyer's Agent in 2021

    Nonmember Nonmember

    Nonmember

  • Victor Jimenez

    Seller's Agent in 2018

    Victor Jimenez

    Real Estate eBroker Inc.

    (559) 681-0091

    1 in this area

    27 Total Sales

    Victor Jimenez
    Section Image
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Map

Source: Fresno MLS

MLS Number: 552400

Fresno MLS

APN: 007-203-026

California Madera County Madera 93638 East Madera

621 E 7th St, Madera, CA

Not Listed for Sale

MultiFamily

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