NOT LISTED FOR SALE

7540 Madison Ave Lemon Grove, CA 91945

Estimated Value: $714,000 - $827,000

3 Beds
2 Baths
1,254 Sq Ft
$619/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $365,000 $291 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,681/month

2 Days on Market

Highlights

  • Laundry Room
  • Partially Fenced Property
  • 1-Story Property
  • Floor Furnace
  • Wood Siding

About This Home

As of June 2016

Adorable 2 bedroom, 1 bath home with an optional detached 270 sq ft - 1 bedroom, 1 bath and kitchen guest house. 1 Car Garage! White picket fence! Neighborhoods: Lemon Grove Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Bob Kelly

Berkshire Hathaway HomeService License #01096271 Listed on: 04/30/2016

Berkshire Hathaway HomeService

Last Buyer's Agent

Maria Rappleyea

Big Block Realty, Inc License #01952354

Big Block Realty, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 5,401

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Partially Fenced Property
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 4802351600

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Lemon Grove
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4802351600
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Living Area: 1254.00
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 291.07
  • Room Type: Main Floor Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Calderon Albert and Calderon Patricia G
Bought by
Panela Gilbert and Panela Shanna Lynn
Current Estimated Value
$775,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,450
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2016
Closed on
May 3, 2016
Sold by
Fero Anton L and Fero Courtney S
Bought by
Calderon Albert and Calderon Patricia G
Seller's Agent
Bob Kelly
Berkshire Hathaway HomeService
Buyer's Agent
Maria Rappleyea
Big Block Realty, Inc
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$351,515
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2013
Closed on
Apr 11, 2013
Sold by
Thruston Janice E
Bought by
Fero Anton L and Fero Courtney S
Seller's Agent
Bob Kelly
Berkshire Hathaway HomeService
Buyer's Agent
Bob Kelly
Berkshire Hathaway HomeService
List Price
$213,000
Sold Price
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.98%
Original Mortgage
$209,142
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2007
Sold by
Panela Gilbert and Panela Shanna Lynn
Bought by
Panela Family Trust and Panela

Purchase Details

Closed on
Jun 11, 1997
Sold by
Ruth Martin
Bought by
Martin Beulah Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Panela Gilbert $477,000 Lawyers Title Company
Calderon Albert $365,000 California Title Company
Fero Anton L $213,000 California Title Company
Panela Family Trust -- None Listed On Document
Martin Beulah Ruth -- --
Martin Ruth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panela Gilbert $405,450
Previous Owner Calderon Albert $351,515
Previous Owner Fero Anton L $209,142
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2016 06/07/16 Sold $365,000 0.0% $291 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $365,000 +71.4% $291 / Sq Ft
05/03/2013 05/03/13 Sold $213,000 0.0% $313 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $213,000 -- $313 / 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 $6,757 $521,663 $450,579 $71,084
2024 $6,757 $511,436 $441,745 $69,691
2023 $6,581 $501,409 $433,084 $68,325
2022 $6,544 $491,579 $424,593 $66,986
2021 $6,454 $481,941 $416,268 $65,673
2020 $6,382 $477,000 $412,000 $65,000
2019 $5,305 $387,340 $212,241 $175,099
2018 $5,186 $379,746 $208,080 $171,666
2017 $5,101 $372,300 $204,000 $168,300
2016 $3,188 $221,568 $104,023 $117,545
2015 $3,169 $218,241 $102,461 $115,780
2014 $3,050 $213,967 $100,454 $113,513
Source: Public Records

Agents Affiliated with this Home

  • Bob Kelly

    Seller's Agent in 2016

    Bob Kelly

    Berkshire Hathaway HomeService

    (619) 445-6556

    153 Total Sales

    Bob Kelly
    Section Image

  • M

    Buyer's Agent in 2016

    Maria Rappleyea

    Big Block Realty, Inc

    Section Image
  • Mindy Henderson

    Buyer's Agent in 2016

    Mindy Henderson

    Compass

    (415) 407-1522

    2 Total Sales

    Mindy Henderson
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160023292

California Regional Multiple Listing Service (CRMLS)

APN: 480-235-16

California San Diego County Lemon Grove 91945

7540 Madison Ave, Lemon Grove, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.