220 South Madera Avenue

220 South Madera Avenue has been categorized by the local assessors in Kerman, CA as a residential type of property. The building on the property was first built in 1973 and is 51 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 220 South Madera Avenue has 364 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 517,493 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 220 South Madera Avenue sold most recently in Feb 16, 2018 for a total of $7,000,000. If you work out the math, that's approximately a cost of $19,230.77 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $84,722 in taxes each year. 220 South Madera Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $7,435,697. If we break it down further, the land itself was valued at $5,402,611. Improvements to the property, however, were assessed at a total of $2,033,086. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!