NOT LISTED FOR SALE

Estimated Value: $272,000 - $328,952

4 Beds
2 Baths
1,200 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $312,000 $260 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,871/month

7 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry Room
  • Neighborhood Views
  • Evaporated cooling system
  • Tile Flooring

About This Home

As of February 2024

Discover a hassle-free investment opportunity with this tenant-occupied duplex in Madera, CA. This property is already generating rental income, making it an excellent choice for savvy investors. Each unit is a 2 bed, 1 bath with their own private laundry, evaporative cooler, dual paned windows, water heater, consistent tile flooring throughout, and plenty of parking. The property has a 5 year old roof and the owner has completed updates to both bathrooms in 2023. Situated in a great area of Madera, the duplex is close to The Crossroads, Millview Park, and a variety of restaurants. The current tenants have been cooperative, reliable, which makes the transition for the new owner seamless. Schedule your appointment today!

Last Agent to Sell the Property

Amanda Rodriguez

Real Brokerage Technologies, Inc. License #02077509 Listed on: 01/17/2024

Real Brokerage Technologies, Inc.

Last Buyer's Agent

Anita Ruvalcaba

Century 21 Select Central Valley, Inc. License #01197096

Century 21 Select Central Valley, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 5,227 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Utilities

  • Evaporated cooling system

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 008012013

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 008012013
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 260.00
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Exhaust Fan(s)

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport, Covered, Driveway, Concrete
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5227.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5227.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 9.01
  • Tax Lot: 45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2024
Sold by
Herrera Carmelo L and Herrera Carmela L
Bought by
Herrera Carmelo L and Herrera Ramona G
Current Estimated Value
$308,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Outstanding Balance
$240,420
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$68,568

Purchase Details

Listed on
Jan 17, 2024
Closed on
Feb 19, 2024
Sold by
Razon Marisol
Bought by
Herrera Carmelo L and Herrera Ramona G
Seller's Agent
Amanda Rodriguez
Real Brokerage Technologies, Inc.
Buyer's Agent
Anita Ruvalcaba
Century 21 Select Central Valley, Inc.
List Price
$300,000
Sold Price
$312,000
Premium/Discount to List
$12,000
4%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%
Original Mortgage
$234,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2022
Sold by
Razo Alvaro and Razo Amanda
Bought by
Razon Marisol

Purchase Details

Closed on
Nov 5, 2015
Sold by
Martinez Amanda
Bought by
Razon Alvaro and Razon Amanda

Purchase Details

Closed on
Sep 12, 2011
Sold by
Barriga Alejandro and Guerrero Gaby Michelle
Bought by
Martinez Amanda

Purchase Details

Closed on
Oct 18, 2007
Sold by
Barriga Alejandro
Bought by
Barriga Alejandro and Guerrero Gaby Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,350
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Lopez Ladislao G
Bought by
Barriga Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2001
Sold by
Crosson Barry and Crosson Patti
Bought by
Lopez Ladislao G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
7.15%
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
Herrera Carmelo L -- Fidelity National Title Compan
Herrera Carmelo L $312,000 First American Title
Razon Marisol -- None Listed On Document
Razon Alvaro -- None Available
Martinez Amanda $69,500 Placer Title Company
Barriga Alejandro -- Financial Title Company
Barriga Alejandro $209,000 Chicago Title
Lopez Ladislao G $68,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Carmelo L $243,000
Previous Owner Herrera Carmelo L $234,000
Previous Owner Barriga Alejandro $202,350
Previous Owner Barriga Alejandro $159,000
Previous Owner Lopez Ladislao G $54,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $312,000 +4.0% $260 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $300,000 -- $250 / 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 $3,023 $318,240 $71,400 $246,840
2023 $3,023 $250,000 $65,000 $185,000
2022 $1,005 $85,803 $36,687 $49,116
2021 $987 $84,121 $35,968 $48,153
2020 $1,004 $83,260 $35,600 $47,660
2019 $997 $81,628 $34,902 $46,726
2018 $921 $80,028 $34,218 $45,810
2017 $910 $78,460 $33,548 $44,912
2016 $888 $76,923 $32,891 $44,032
2015 $861 $75,768 $32,397 $43,371
2014 $804 $74,285 $31,763 $42,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC24010292

California Regional Multiple Listing Service (CRMLS)

APN: 008-012-013