NOT LISTED FOR SALE

908 E Cleveland Ave Madera, CA 93638

North Madera Neighborhood

Estimated Value: $287,000 - $384,000

4 Beds
2 Baths
1,788 Sq Ft
$193/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $320,000 $179 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,133/month

34 Days on Market

Highlights

  • Heated Floors
  • 1-Story Property
  • Wood Siding
  • Corner Lot

About This Home

As of April 2022

A perfect Duplex. This is a turn-key investment opportunity in the heart of Madera. This duplex offers twin units sharing a wall. Each unit is 2 bedroom and 1 bath with a large backyard. This property has some really nice updates including remodeled kithens and bathrooms. Property is occupied by reliable tenants, rents are $800 per month and have room for increase. With limited inventory don't miss out on this great investment opportunity for owner occupant to live in one unit and rent out the second unit, or an investor looking to expand their portfolio. This property is close to shopping and has ample parking in the back parking lot and front of the property. Do not walk the grounds or disturb the tenants. submit offers subject to walk through inspection.

Last Agent to Sell the Property

Dennis Rozadilla

The Apex Broker, Inc License #01932767 Listed on: 12/10/2021

Last Buyer's Agent

Nonmember Nonmember

Nonmember

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 6,008 Sq Ft Lot
  • Corner Lot

Parking

  • Carport

Home Design

  • Duplex
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,788 Sq Ft Home
  • 1-Story Property
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units
  • Gross Income $19,200

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: Duplex
  • Price Per Square Foot: 178.97
  • Year Built Exception: 0
  • Stories: One
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Fireplace: None
  • Bathrooms: 2.00
  • Bedrooms: 4
  • Square Footage: 1788.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood, Brick
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Floor or Wall Heat

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.1379
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 6008.00
  • Price Per Acre: 2320522.12

Building Info

  • Year Built: 1977

Rental Info

  • TenantPays: All Utilities

Multi Family

  • Annual Income: 19200.00
  • IncomeIncludes: Unit Rent, Month to Month
  • Total Units: 2

MLS Schools

  • School District 2: Madera Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Apr 8, 2022
Sold by
Orozco Karina
Bought by
Cruz Oscar Flores
Seller's Agent
Dennis Rozadilla
The Apex Broker, Inc
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$299,500
Sold Price
$320,000
Premium/Discount to List
$20,500
6.84%
Current Estimated Value
$345,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,445
Avg. Annual Appreciation
2.08%
Original Mortgage
$256,000
Outstanding Balance
$239,535
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$105,910

Purchase Details

Listed on
Dec 10, 2021
Closed on
Mar 18, 2022
Sold by
Juan S Flores And Tina Y Flores Living T
Bought by
Cruz Oscar Flores
Seller's Agent
Dennis Rozadilla
The Apex Broker, Inc
Buyer's Agent
Nonmember Nonmember
Nonmember
List Price
$299,500
Sold Price
$320,000
Premium/Discount to List
$20,500
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Outstanding Balance
$239,535
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$105,910

Purchase Details

Closed on
Jul 1, 2020
Sold by
Flores Juan S and Flores Tina Y
Bought by
Flores Juan S and Flores Tina Y

Purchase Details

Closed on
Mar 9, 2019
Sold by
Flores Tina Y
Bought by
Flores Juan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2019
Sold by
Flores Juan S
Bought by
Flores Juan S and Flores Tina Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2019
Sold by
Flores Juan S
Bought by
Flores Juan S and Flores Tina Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2019
Sold by
Nation William and Nation Janie
Bought by
Flores Juan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
U S Bank National Association
Bought by
Nation William and Nation Janie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,025
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2008
Sold by
Mendez Guillermo Omar
Bought by
U S Bank Na

Purchase Details

Closed on
Sep 29, 2004
Sold by
Baca Juan Manuel
Bought by
Mendez Guillermo Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,125
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Cloeters Dina L
Bought by
Baca Juan Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2003
Sold by
Cloeters Ivan L
Bought by
Cloeters Dina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Michelson E Ronald and Michelson Jeri D
Bought by
Cloeters Dina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.27%
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
Cruz Oscar Flores -- Chicago Title
Cruz Oscar Flores $320,000 Chicago Title
Flores Cruz Oscar $320,000 Chicago Title
Flores Juan S -- None Available
Flores Juan S -- First American Title Ins Co
Flores Juan S -- Accommodation
Flores Juan S -- First American Title
Flores Juan S -- First American Title
Flores Juan S $170,000 First American Title
Flores Juan S $170,000 First American Title Ins Co
Nation William $87,000 None Available
U S Bank Na $264,200 None Available
Mendez Guillermo Omar $247,500 First American Title
Baca Juan Manuel $150,000 Chicago Title
Cloeters Dina L -- Chicago Title
Cloeters Dina L $112,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Oscar Flores $256,000
Closed Flores Cruz Oscar $256,000
Previous Owner Flores Juan S $127,500
Previous Owner Flores Juan S $127,500
Previous Owner Nation William $65,025
Previous Owner Mendez Guillermo Omar $235,125
Previous Owner Baca Juan Manuel $103,500
Closed Baca Juan Manuel $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2022 04/12/22 Sold $320,000 +6.8% $179 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $299,500 -- $168 / Sq Ft
Source: Fresno MLS

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 $3,937 $339,586 $74,284 $265,302
2023 $3,937 $326,400 $71,400 $255,000
2022 $2,064 $178,698 $47,302 $131,396
2021 $2,026 $175,195 $46,375 $128,820
2020 $2,063 $173,400 $45,900 $127,500
2019 $1,174 $96,643 $48,378 $48,265
2018 $1,083 $94,749 $47,430 $47,319
2017 $1,071 $92,892 $46,500 $46,392
2016 $996 $86,700 $43,400 $43,300
2015 $734 $64,607 $32,341 $32,266
2014 $699 $64,607 $32,341 $32,266
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dennis Rozadilla

    The Apex Broker, Inc

    (559) 500-9976

    1 in this area

    120 Total Sales

    Dennis Rozadilla
    Section Image

  • N

    Buyer's Agent in 2022

    Nonmember Nonmember

    Nonmember

See All Agents

Map

Source: Fresno MLS

MLS Number: 570747

Fresno MLS

APN: 005-061-002

California Madera County Madera 93638 North Madera

908 E Cleveland Ave, Madera, CA

Not Listed for Sale

MultiFamily

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