$1,299,000 Price Analysis    ♡   Madera, CA 93638 14 bed 4 bath 3,999 SqFt ($324/SqFt) 9.15 acre lot. Built 2002 Listed 2024-02-19, Taxes $1,851 | Ⓧ USDA Ineligible due to price & location near Madera |
Explore the boundless possibilities of this remarkable development opportunity nestled on under 10 acres
Boasting three distinct dwellings with a total of 6 parcel numbers, all conveniently packaged tgether. Located within a city poised for growth, this property is currently earmarked for potential transformation into a medium to high-density residential development, as per city planning. The 10-acre canvas holds significant potential, with the prospect of accommodating up to 15 dwelling units per acre under medium-density zoning or an impressive 50 dwelling units per acre with high-density zoning, as outlined by the city regulations.
Buyers are encouraged to engage with the city for confirmation and explore the p ossibilities this property offers. The three residences on the property include a open 4-bedroom, 2-bathroom home spanning 2, 367 sq ft, a charming 3-bedroom, 1-bathroom dwelling covering 912 sq ft and an additional 3-bedroom, 1-bathroom residence with 720 sq ft of living space. The property's location, combined with its multiple parcels and diverse housing options, positions it as a lucrative investment opportunity.
Presented by Serina Vargas at
Tinetti Realty Group.
Property MLS #224014539 from MetroList
Heating Features: Central
Lot Dimensions Source: Acres
Lot Size Acres: 9.15
Lot Size Square Feet: 398574
Parking Total: 6
Calculated Total Monthly Association Fees: 0
Number of 1 Bedroom Units: 4
Number of 3 Bedroom Units: 2
Number of 4 Bedroom Units: 1
Bedrooms in Unit-1: 4
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 3
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Square Feet: 2367
Unit-2 Square Feet: 912
Unit-3 Square Feet: 720
County: Madera
Cross Street: Jericho Dr
Directions: Exit Hwy 99 onto W Cleveland Ave; Turn left onto N Lake St; Turn right onto Kennedy St; Kennedy turns into Ave 16. Property is on the right hand side
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Area: Madera County
Source Neighborhood: 23001
Parcel Number: 037-131-009
Postal Code Plus 4: 1808
Zoning: RRS
Property Subtype: Planned Unit Develop
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $151,177 + $9,187 $160,364 | $1,851 |
| 2021 | $148,213 + $9,007 $157,220 | $1,817 |
| 2020 | $146,694 + $8,915 $155,609 | $1,849 |
| 2019 | $143,818 + $8,741 $152,559 | $1,836 |
| 2018 | $140,999 + $8,570 $149,569 | $1,693 |
| 2017 | $138,235 + $8,402 $146,637 | $1,673 |
| 2016 | $135,525 + $8,238 $143,763 | $1,631 |
| 2015 | $133,490 + $8,115 $141,605 | $1,608 |
| 2014 | $130,876 + $7,957 $138,833 | $1,502 |
| 2013 | $130,285 + $7,922 $138,207 | $1,503 |
| 2012 | $127,731 + $7,767 $135,498 | $1,470 |
| 2011 | $125,227 + $7,615 $132,842 | $1,440 |
| 2010 | $124,292 + $7,559 $131,851 | $1,430 |
| 2009 | $124,588 + $7,577 $132,165 | $1,431 |
| 2008 | $122,146 + $7,429 $129,575 | $1,363 |
| 2007 | $119,751 + $7,284 $127,035 | $1,351 |
$1,299,000
Fresno
Price Changed 2024-05-10
$1,299,000
CRMLS
Price Changed 2024-05-10
$1,299,000
MetroList
Listed 2024-03-15
$1,300,000
Fresno
Listed 2024-02-19
$1,300,000
MetroList
Listed 2024-02-17
$1,300,000
CRMLS
Sold 1988-03-11
$28,000
Public Record
Construction Materials: Stucco
Foundation Details: Slab
Levels: One
Property Age: 22
Cable Available
City
Electric
Internet Available
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.