NOT LISTED FOR SALE
5 Beds
1 Bath
2,252 Sq Ft
7,500 Sq Ft Lot

Sale Details

Date Sold: February 29, 2024

Last sale price $375,000 $167 Per Sq Ft

16 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Ceiling Fan
  • Corner Lot
  • Tile Flooring
  • Refrigerated and Evaporative Cooling System

About This Home

As of February 2024

FOURPLEX CENTRALLY LOCATED IN MADERA WITH TONS OF POTENTIAL! This property features a 2bed, 1 bath home in the front, and 3 1bed, 1bath homes in the back. The property sits on a large corner lot. New roof just installed 2 years ago on the front home. All tenants are long time tenants on month to month contracts that pay low rents. Perfect opportunity for an investor looking to collect increased rents.

Last Agent to Sell the Property

Serina Molina

The Real Estate Syndicate License #01865018 Listed on: 01/09/2024

Last Buyer's Agent

Serina Molina

The Real Estate Syndicate License #01865018 Listed on: 01/09/2024

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 7,500 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,252 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Tile
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 003-043-008

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1942
  • Architectural Style: Traditional
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl
  • Price Per Square Foot: 166.52
  • Square Footage: 2252.00

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Raised, Slab, Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 460000.00
  • Lot Features: Corner
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Utilities: Electric, Natural Gas Connected, Sewer Connected & Paid
  • Cooling: Ceiling Fan(s), Evaporative Cooler, Other
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning: res
  • Irrigation: Public District
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 003-043-008
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Madera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 22, 2024
Sold by
Bought by
Seller's Agent
Serina Molina
The Real Estate Syndicate
Buyer's Agent
Serina Molina
The Real Estate Syndicate
List Price
$505,000
Sold Price
$375,000
Premium/Discount to List
-$130,000
-25.74%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$273,724
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$300,000 Chicago Title Company
$375,000 Chicago Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $281,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $375,000 -18.5% $167 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/21/2024 01/21/24 Price Changed $460,000 -8.9% $204 / Sq Ft
01/09/2024 01/09/24 For Sale $505,000 -- $224 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,403 $390,150 $31,212 $358,938
2025 $340 $382,500 $30,600 $351,900
2023 $340 $26,072 $8,466 $17,606
2022 $319 $25,561 $8,300 $17,261
2021 $314 $25,061 $8,138 $16,923
2020 $319 $24,805 $8,055 $16,750
2019 $317 $24,320 $7,898 $16,422
2018 $294 $23,844 $7,744 $16,100
2017 $291 $23,378 $7,593 $15,785
2016 $284 $22,921 $7,445 $15,476
2015 $256 $22,578 $7,334 $15,244
2014 $240 $22,137 $7,191 $14,946
Source: Public Records

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Map

Source: MetroList

MLS Number: 224002226

MetroList

APN: 003-043-008

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