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27592 Avenue 16, Madera, CA 93638
$1,299,000
27592 Avenue 16, Madera, CA 93638View this property at 27592 Avenue 16, Madera, CA 93638
27592 Avenue 16MaderaCA93638
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Property Description
Explore the boundless possibilities of this remarkable development opportunity nestled on just under 10 acres, boasting three distinct dwellings with a total of 6 parcel numbers, all conveniently packaged together. 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 possibilities this property offers. The three residences on the property include a spacious 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.
Full Property Details
Full Property Details for 27592 Avenue 16
General
- Price: $1,299,000
- Status: Active
- Type: Multi-Family
- MLS ID: 224014539
- Updated: 5/20/2024
- Added to Site: 99 day(s) ago
Interior
- Flooring: Carpet
Rooms
Other Rooms
- Laundry: In Each Unit
Parking
- Total Spaces: 6
- Parking: Carport, Garage
Location
- Area: 23001
- County: Madera
- Cross Streets: Jericho Dr
- Driving 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
School Information
- School District: Madera
- Elem School District: Other
- Midd School District: Other
- High School District: Other
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, City, Electric, Internet Available
Structural Information
- Architectural Style: One Story
- Construction: Stucco
- Foundation: Slab
- Stories/Levels: 0
- Year Built: 2002
Unit Information
- Units in Building: 3
Unit 1
- Bedrooms: 4
Unit 2
- Bedrooms: 3
Unit 3
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 9.15
- Lot Size (Sq. Ft.): 398,574
- Irrigation System: None
- Zoning: RRS
- Lot Description: Shape Regular
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: None
- APN: 037-131-009
Listed by Tinetti Realty
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Schools
Schools serving 27592 Avenue 16
School District:Madera Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1505 E Ellis St, Madera, CA 93638 | K-6 | 0.4 mi | |
26490 Martin St, Madera, CA 93638 | 7-8 | 1.3 mi | |
705 W Pecan Ave, Madera, CA 93637 | 9-12 | 3.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27592 Avenue 16
Date
Details
Price
Change
Source
5/10/2024
Price Reduced
$1,299,000
-0.08%
MLS
2/16/2024
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27592 Avenue 16
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,935
4%
$163,570
2%
2022
$1,852
2%
$160,364
2%
2021
$1,817
-2%
$157,220
1%
2020
$1,850
1%
$155,609
2%
2019
$1,836
8%
$152,559
2%
2018
$1,693
1%
$149,569
2%
2017
$1,673
3%
$146,637
2%
2016
$1,631
1%
$143,763
2%
2015
$1,608
7%
$141,605
2%
2014
$1,502
—
$138,833
—
2013
$1,504
—
$138,207
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27592 Avenue 16
27592 Avenue 16, Madera, CA 93638 (MLS# 224014539) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 27592 Avenue 16 is currently listed for $1,299,000 and was received on February 19, 2024. Want to learn more about 27592 Avenue 16? Do you have questions about finding other Multi-Family real estate for sale in Madera? You can browse all Madera real estate or contact a Coldwell Banker agent to request more information.