NOT LISTED FOR SALE

723 Washington Ave Madera, CA 93638

East Madera Neighborhood

Estimated Value: $234,345 - $485,000

3 Beds
1 Bath
888 Sq Ft
$401/Sq Ft Est. Value

Last Sold December 27, 2023

Last sale price $190,000 $214 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,054/month

27 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Wood Burning Fireplace
  • Combination Dining and Living Room

About This Home

As of December 2023

Diamond in the Rough. Major Income potential here, With some Work . 3 bedroom 1 Bath home PLUS additional Duplex consisting of 1 Bedroom/1 Bath Each Unit. Great for investor wanting to Add to their Portfolio . AS- IS Sale. Buyer to Verify all. Flip. Sold AS IS. Buyer to verify financing options due to condition. Won't Last

Last Agent to Sell the Property

Isaias Escobedo

Capitol Real Estate Group License #01894708 Listed on: 11/14/2023

Last Buyer's Agent

Jaime Bedoy

HomeSmart PV & Associates License #01452493

HomeSmart PV & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 7,343 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Laminate Countertops
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 008-031-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Subtype Description: Attached,Detached
  • Property Subtype 1: 3+ Houses on Lot
  • Remodeled Updated: No
  • Stories: 1
  • Year Built: 1976
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Flooring: Other
  • Total Bathrooms: 1
  • Bathroom Features: None
  • Dining Room Features: Dining/Living Combo
  • Kitchen Features: Laminate Counter
  • Living Room Features: Other
  • Main Level: Bedroom(s),Living Room
  • Price Per Square Foot: 213.96
  • Square Footage: 888.00

Exterior Features

  • Construction Materials: Stucco, Wood Siding
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 199900.00
  • Lot Features: Shape Regular
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Second Unit Kitchen: Yes

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Security: Other
  • Sewer: Public Sewer
  • Utilities: Public
  • Cooling: None
  • Electric: Other
  • Heating: Wall Furnace
  • Laundry Features: Hookups Only
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: Buyer to Verify
  • Irrigation: None
  • Lot Size Acres: 0.1686
  • Lot Size Sq Ft: 7343.00

Tax Info

  • Assessor Parcel Number: 008-031-014
  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • Unit 2 Partial Bathrooms: 0
  • Unit 2 Description: Duplex
  • Unit 2 Occupied: No
  • Unit 2 Type: Attached

MLS Schools

  • School District (County): Madera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 20, 2023
Sold by
Sbe Lp
Bought by
Arriola Antonia Aguilar
Seller's Agent
Isaias Escobedo
Capitol Real Estate Group
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
167
Current Estimated Value
$356,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,086
Avg. Annual Appreciation
37.33%
Original Mortgage
$124,000
Outstanding Balance
$121,705
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$234,381

Purchase Details

Listed on
Nov 14, 2023
Closed on
Nov 8, 2023
Sold by
Affinia Default Services Llc
Bought by
Sbe Lp and Salgado
Seller's Agent
Isaias Escobedo
Capitol Real Estate Group
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$121,705
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$234,381

Purchase Details

Listed on
Nov 14, 2023
Closed on
Nov 7, 2023
Sold by
Affinia Default Services Llc
Bought by
Sbe Lp
Seller's Agent
Isaias Escobedo
Capitol Real Estate Group
Buyer's Agent
Jaime Bedoy
HomeSmart PV & Associates
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$121,705
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$234,381

Purchase Details

Closed on
Apr 5, 2002
Sold by
Espinosa Ricardo
Bought by
Mendoza Abelino and Salgado Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,415
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2001
Sold by
Castano Andrea
Bought by
Espinosa Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
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
Arriola Antonia Aguilar $190,000 Placer Title Company
Sbe Lp $140,600 Placer Title Company
Sbe Lp $140,600 Placer Title Company
Mendoza Abelino $69,500 First American Title Co
Espinosa Ricardo -- First American Title Co
Espinosa Ricardo -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arriola Antonia Aguilar $124,000
Previous Owner Mendoza Abelino $67,415
Previous Owner Espinosa Ricardo $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2023 12/27/23 Sold $190,000 -5.0% $214 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $199,900 0.0% $225 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $199,900 -- $225 / Sq Ft
Source: MetroList

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 $2,261 $193,800 $86,700 $107,100
2023 $2,261 $98,663 $21,288 $77,375
2022 $1,132 $96,729 $20,871 $75,858
2021 $1,111 $94,833 $20,462 $74,371
2020 $1,131 $93,862 $20,253 $73,609
2019 $1,123 $92,022 $19,856 $72,166
2018 $1,037 $90,218 $19,467 $70,751
2017 $1,025 $88,450 $19,086 $69,364
2016 $1,000 $86,716 $18,712 $68,004
2015 $970 $85,414 $18,431 $66,983
2014 $906 $83,741 $18,070 $65,671
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Isaias Escobedo

    Capitol Real Estate Group

    (206) 660-5523

    1 in this area

    420 Total Sales

    Isaias Escobedo
    Section Image
  • Jaime Bedoy

    Buyer's Agent in 2023

    Jaime Bedoy

    HomeSmart PV & Associates

    (209) 622-6053

    1 in this area

    53 Total Sales

    Jaime Bedoy
    Section Image
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Map

Source: MetroList

MLS Number: 223109971

MetroList

APN: 008-031-014

California Madera County Madera 93638 East Madera

723 Washington Ave, Madera, CA

Not Listed for Sale

MultiFamily

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