NOT LISTED FOR SALE

900 Owens St Madera, CA 93638

North Madera Neighborhood

Estimated Value: $267,000 - $326,000

2 Beds
1 Bath
1,440 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 20, 2018

Last sale price $165,000 $115 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,773/month

11 Days on Market

Highlights

  • Evaporated cooling system
  • 2 Attached Carport Spaces
  • Wall Furnace

About This Home

As of November 2018

Great rental demand in this neighborhood. This property consists of 2 single level units, offering 2 bedrooms and 1 bathroom per unit. Parking consists of one covered carport plus an additional concrete slab. Chain link perimeter fencing with minimal exterior landscape upkeep. Excellent potential and overall great value.

Last Agent to Sell the Property

Jessica Meza

Cal Prime Realty Madera License #01457554 Listed on: 10/24/2018

Last Buyer's Agent

Jessica Meza

Cal Prime Realty Madera License #01457554 Listed on: 10/24/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,145 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping

Home Design

  • 1,440 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Location

  • Urban Location

Utilities

  • Evaporated cooling system
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 003052003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $553
  • Trash Expense $113
  • Water Sewer Expense $113
  • New Taxes Expense $2,062
  • Operating Expense $2,728
  • Gross Income $18,600
  • Net Operating Income $15,250

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 113.00
  • Property Type: Residential Income
  • Parcel Number: 003052003
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 114.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 113.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 7145.00
  • Lot Size Acres: 0.1640

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 18600.00
  • Gross Scheduled Income: 18600.00
  • Insurance Expense: 553.00
  • Lot Size Area: 7145.0000 Square Feet
  • Net Operating Income: 15250.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3350.00
  • Rent Control: No
  • Total Expenses: 2728.00

Tax Info

  • New Taxes Expense: 2062.00
  • Tax Census Tract: 6.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 20, 2018
Sold by
Miriam Jimenez Andrea
Bought by
Perez Juan Carlos and Perez Juana Suemi
Seller's Agent
Jessica Meza
Cal Prime Realty Madera
Buyer's Agent
Jessica Meza
Cal Prime Realty Madera
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,000
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Dec 11, 2017
Sold by
Jimrez Cesar Manuel
Bought by
Jimrez Ruth Jackelline

Purchase Details

Closed on
Dec 8, 2017
Sold by
Jimenez Andrea Miriam
Bought by
Jimenez Andrea Miram and Jimenez Ruth Jackeline

Purchase Details

Closed on
Sep 18, 2014
Sold by
Paredes Alfonso S
Bought by
Jimenez Andrea Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2011
Sold by
Paredes Amparo B
Bought by
Paredes Alfonso S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Vaseuez Jose
Bought by
Paredes Alfonso

Purchase Details

Closed on
Jun 14, 2007
Sold by
Vasquez Jose
Bought by
Vasquez Jose and Vasquez Benito

Purchase Details

Closed on
Jan 26, 2006
Sold by
Vasquez Julie
Bought by
Vasquez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,700
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2006
Sold by
Gutierrez Miguel Angel Vasquez
Bought by
Vasquez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,700
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2005
Sold by
Gutierrez Miguel Angel Vasquez
Bought by
Vasquez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,700
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 1999
Sold by
Jose Vasquez
Bought by
Molina John
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
Perez Juan Carlos $165,000 Chicago Title
Jimrez Ruth Jackelline -- None Available
Jimenez Andrea Miram -- Chicago Title Co
Jimenez Andrea Miriam $115,000 Chicago Title Company
Paredes Alfonso S -- None Available
Paredes Alfonso $60,000 None Available
Vasquez Jose -- None Available
Vasquez Jose -- None Available
Vasquez Jose -- None Available
Vasquez Jose -- None Available
Vasquez Jose -- Public
Molina John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Andrea Miriam $112,917
Previous Owner Paredes Alfonso S $39,000
Previous Owner Vasquez Jose $126,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2018 11/20/18 Sold $165,000 0.0% $115 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $165,000 -- $115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,130 $184,057 $27,886 $156,171
2023 $2,146 $176,911 $26,804 $150,107
2022 $2,006 $173,443 $26,279 $147,164
2021 $1,969 $170,043 $25,764 $144,279
2020 $2,004 $168,300 $25,500 $142,800
2019 $1,990 $165,000 $25,000 $140,000
2018 $1,385 $121,467 $36,967 $84,500
2017 $1,369 $119,087 $36,243 $82,844
2016 $1,335 $116,753 $35,533 $81,220
2015 $1,306 $115,000 $35,000 $80,000
2014 $665 $61,477 $35,862 $25,615
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jessica Meza

    Cal Prime Realty Madera

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MD18257855

California Regional Multiple Listing Service (CRMLS)

APN: 003-052-003

California Madera County Madera 93638 North Madera

900 Owens St, Madera, CA

Not Listed for Sale

MultiFamily

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