NOT LISTED FOR SALE

7525 Madison Ave Lemon Grove, CA 91945

Estimated Value: $727,000 - $831,000

3 Beds
1.5 Baths
1,235 Sq Ft
$634/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2019

Last sale price $385,500 $312 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,783 / mo

9 Days on Market

Highlights

  • RV Gated
  • Wood Flooring
  • 2 Car Attached Garage
  • Craftsman Architecture
  • Covered Patio or Porch
  • Shed

About This Home

As of August 2019

33 OFFERS RECEIVED. NO MORE SHOWING AT THIS TIME. CASH OFFERS ONLY. Bank owned fixer acquired via foreclosure. Original hard wood floors & large bedrooms. Extensive use of wrought iron fencing and gates. Large lot with several out-buildings. Tons of potential. Must close after August 1, 2019 to comply with IRS Right of Redemption. Sold in AS-IS condition only. Bank response Tuesday June 25, 2019

Last Agent to Sell the Property

Russ Petrone

Petrone Properties, Inc License #00998153 Listed on: 06/21/2019

Last Buyer's Agent

CRMLS FILL Agent

CRMLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 67x140
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • No Sprinklers

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Single Garage Door
  • Driveway
  • RV Gated

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 4802340400

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

9,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Lemon Grove
  • View: No
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4802340400
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1235.00 Square Feet
  • Stories: 1
  • Flooring: Wood
  • Appliances: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 312.15

Exterior Features

  • Patio: Yes
  • Other Structures: Outbuilding, Shed(s), Storage
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage - Single Door, RV Gated, RV Potential
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Level, Sprinklers None
  • Lot Size: 67x140
  • Lot Size Sq Ft: 9500.00
  • Lot Size Acres: 0.2200

Multi Family

  • Lot Size Area: 9500.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Urban American Homes Inc
Bought by
Gurrola Juan D and Suon Emily Sophinie D
Current Estimated Value
$782,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,800
Outstanding Balance
$471,366
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$311,285

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 10, 2019
Sold by
Zions Bancorporation Na
Bought by
Urban American Homes Inc
Seller's Agent
Russ Petrone
Petrone Properties, Inc
Buyer's Agent
CRMLS FILL Agent
CRMLS
List Price
$295,000
Sold Price
$385,500
Premium/Discount to List
$90,500
30.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Apr 3, 2019
Sold by
Jimenez Jose M and Jimenez Fabiola
Bought by
Zions Bancorporation Na and California Bank & Trust

Purchase Details

Closed on
Mar 4, 2002
Sold by
Boychew Roman G
Bought by
Jimenez Jose M and Jimenez Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,350
Interest Rate
7.5%

Purchase Details

Closed on
Oct 22, 1998
Sold by
Boychew Rita M
Bought by
Boychew Roman G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.71%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Ramiro Ramirez
Bought by
Boychew Roman G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.71%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Hobson R A
Bought by
Ramirez Ramiro and Ramirez Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,200
Interest Rate
8.51%
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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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
Gurrola Juan D $564,000 Wfg Title Co Of Ca San Diego
Urban American Homes Inc $385,500 Wfg National Title Company
Zions Bancorporation Na $119,811 Accommodation
Jimenez Jose M $252,000 United Title Company
Boychew Roman G -- Southland Title
Boychew Roman G $160,000 Southland Title
Ramirez Ramiro $118,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurrola Juan D $535,800
Previous Owner Jimenez Jose M $201,350
Previous Owner Boychew Roman G $152,000
Previous Owner Ramirez Ramiro $106,200
Closed Jimenez Jose M $50,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $385,500 +30.7% $312 / Sq Ft
06/30/2019 06/30/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $295,000 -- $239 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,948 $616,813 $519,480 $97,333
2024 $7,948 $604,720 $509,295 $95,425
2023 $7,741 $592,863 $499,309 $93,554
2022 $7,700 $581,239 $489,519 $91,720
2021 $7,594 $569,843 $479,921 $89,922
2020 $7,513 $564,000 $475,000 $89,000
2019 $4,763 $336,557 $105,937 $230,620
2018 $4,657 $329,959 $103,860 $226,099
2017 $150 $292,000 $125,000 $167,000
2016 $3,919 $275,000 $118,000 $157,000
2015 $3,824 $265,000 $114,000 $151,000
2014 $3,563 $250,000 $108,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Russ Petrone

    Seller's Agent in 2019

    Russ Petrone

    Petrone Properties, Inc

    (858) 775-1812

    1 in this area

    28 Total Sales

    Russ Petrone
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190034257

California Regional Multiple Listing Service (CRMLS)

APN: 480-234-04

California San Diego County Lemon Grove 91945

7525 Madison Ave, Lemon Grove, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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