3292 Madison St Carlsbad, CA 92008

$1,825,000 Sold Price as of 01/03/2019

6 Beds
6 Baths
3,778 Sq.Ft.

Off Market

$1,825,000 Sold Price as of 01/03/2019 Refinance Your Mortgage

Map preview of 3292 Madison St, Carlsbad, CA 92008

Property Overview: 3292 Madison St Carlsbad, CA has 6 bedrooms, 6 bathrooms, 3,778 living square feet and 6,914 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3292 Madison St is currently an off market home in the city of Carlsbad. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Carlsbad has a median list price of $1,495,000. The median price per/sqft for Carlsbad is $693. With those numbers in mind, if you are looking to purchase a median priced home in Carlsbad, CA and put 20% down you will need to save up $299,000 for the down payment and will need roughly $29,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Carlsbad the commission could be as much as $75,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3292 Madison St

Last sold for $1,825,000 on January 3rd, 2019

November, 2023
Nov 20, 2023

Date

Canceled

CRMLS: NDP2307441

$3,750,000

Price
Sep 22, 2023

Date

Active

CRMLS: NDP2307441

$3,899,000

Price
Listing provided courtesy of CRMLS

Carlsbad Village Apartment Complex Fully Remodeled!

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November, 2023
Nov 20, 2023

Date

Canceled

CRMLS: NDP2307453

$3,750,000

Price
Sep 22, 2023

Date

Active

CRMLS: NDP2307453

$3,899,000

Price
Listing provided courtesy of CRMLS

Carlsbad Village Apartment Complex Fully Remodeled!

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January, 2019
Jan 12, 2019

Date

Sold

CRMLS: 180052582

$1,825,000

Price
Oct 27, 2018

Date

Pending

CRMLS: 180052582

$1,950,000

Price
Sep 19, 2018

Date

Active

CRMLS: 180052582

$1,950,000

Price
Listing provided courtesy of CRMLS

We are pleased present the Madison Street apartment homes. Originally built circa 1979, & contains six (6) 1bed+1bath units averaging roughly 630 sqft each, for an estimated combined total of 3,778 rentable sqft. Situated on a corner parcel totaling approximately 6,914 sqft of land zoned R3. There is currently at least 9 surface parking spaces. There are also 5 garages currently used as storage. Owned long-term by current ownership since 1996, the property has been well maintained, and several of the units have been more recently renovated. Current rents are substantially below market, and thus the Property represents an excellent value-add opportunity for astute investors to fix up the units and increase cash flow. There is roughly 50% upside in the rents, and the possibility to add additional storage income, for a total income upside of 61%. Copy the link below to view our drone video. https://vimeo.com/realestateshowcase/3292madisonmls

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January, 2019
Jan 3, 2019

Date

Sold (Public Records)

Public Records

$1,825,000

Price
November, 1996
Nov 26, 1996

Date

Sold (Public Records)

Public Records

$319,000

Price

Tax History for 3292 Madison St

Assessed Value (2020): $1,861,500

Year	Land Value	Improved Value	Assessed Value
2020	$1,530,000	$331,500	$1,861,500

About 3292 Madison St

Detailed summary of property

3292 Madison St is categorized with a use code of Apartment House (5+ Units) in Carlsbad, CA 92008 and last sold on January 3, 2019 for $1,825,000. This property has 6 bedrooms, 6 bathrooms, roughly 3,778 living square feet, and sits on an approximately 6,914 square foot lot. Homes in Carlsbad are selling for a median price of $1,505,000 and a median price per square foot of $684. Based on Ardent Real Estate Group's Carlsbad Market Data, this home is sold 21.26% higher than the current median priced home. 3292 Madison St was last sold on January 3, 2019 for $1,825,000. Local nearby listings include 6 Poppy Hills Rd, 14 Coco Beach #202 and 43 Glen Cove #133. The average home in Carlsbad, CA is selling in 63 days. There are currently 353 homes for sale in the Carlsbad real estate market and 213 of them are single family homes while 83 of them are condos and 57 are townhomes. If you are the homeowner and looking to sell the home at 3292 Madison St Carlsbad, CA 92008 contact Ardent Real Estate Group and we will put you in touch with one of our Carlsbad agents.

Public Facts for 3292 Madison St

Public county record property details

Beds: 6
Baths: 6
Year built: 1979
Sq. Ft.: 3,778
Lot Size: 6,914
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: San Diego
Lot#: 1,2
APN: 204-083-13-00

The source for these homes facts are from public records.

92008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,800,000

Median List Price/Sq.Ft.

$813

Median Sold Price

$1,375,000

Median Sold Price/Sq.Ft.

$827

Total Inventory

105

Median Sale to List Price %

98.28%

Avg Days on Market

Loan Type

Conventional (45%), FHA (0%), VA (0%), Cash (45%), Other (5%)

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(714) 706-1823

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