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1248 Monterey Street

1248 Monterey Street, Madera, CA 93637
Property in Madera
Sold Aug 06, 2021
$313,500
$142,653 by Sierra Pacific Mortgage Co Inc
Mortgage Due Sep 01, 2051
1248 Monterey Street has been categorized by the local assessors in Madera, CA as a residential type of property. The building on the property was first built in 2021 and is 3 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1248 Monterey Street has 1,711 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,301 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1248 Monterey Street was last sold in Apr 28, 2021 for $313,500. According to our calculations, that's $183.23 per sqft. Current property owners are expected to pay $4,071 in taxes per year. The property on 1248 Monterey Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $313,200. To break that down further, the land itself was valued at $40,000. While improvements to the property were assessed at a total of $273,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,301
  • Total Building Area: 1,711
  • Gross Building Area: 1,711
  • Building Area: 1,711
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,711
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 17 S 02 VARBELLA ESTATES I
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VARBELLA ESTATES 1 LOT 5

Ownership

  • Current Owner : PEREZ MARCO
  • Current Owner 2: PEREZ SARAH LOUISE
  • Previous Owner : DMP DEVELOPMENT CORP
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Madera Unified School District
  • Census Tract: 000511

Geography

  • Parcel: 012-461-005-000
  • Lot: 5
  • Latitude: 36.941
  • Longitude: -120.061

    Address

  • Full Address: 1248 Monterey Ave
  • Address - House Number: 1248
  • Address - Street Name: Monterey
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Madera
  • Carrier Code: R019
  • 4-Digit Zip Code: 8870
  • Zip Code: 93637

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,071
  • Tax Rate Code Area: 002002

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: May 24, 2023
  • Confidence Score: 77
  • Final Value: 408,520
  • High Value: 478,814
  • Low Value: 338,226

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $192,653
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $142,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051
  • Second Open Lien Mortgage Lender: GOLDEN 1 CU
  • Second Open Lien Mortgage Recording Date: May 24, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 25, 2038

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $313,200
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $273,200

    Sales

  • Current Sale Contract Date: Apr 28, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11847251865
  • Current Sale Price: $313,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021024797

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $142,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

About Madera



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Frequently Asked Questions

What neighborhood is 1248 Monterey Street located in?
The 1248 Monterey Street is a located in the neighborhood of Madera in Madera, Madera.
What is the average sales price for listings in 1248 Monterey Street?
The average sales price for units in 1248 Monterey Street is $0 currently.

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