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420 S Madrona Ave, Brea, CA 92821
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420 S Madrona Ave Brea, CA 92821

$1,200,000 Sold Price as of 01/10/2022
  • 5 Beds
  • 3.5 Baths
  • 2,889 Sq.Ft.
Sold
$1,200,000 Sold Price as of 01/10/2022 Refinance Your Mortgage
Map preview of 420 S Madrona Ave, Brea, CA 92821

Property Overview: 420 S Madrona Ave Brea, CA has 5 bedrooms, 3.5 bathrooms, 2,889 living square feet and 6,970 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Lovely two-story historic home close to City Hall Park. Main house is completely updated and remodeled with warm natural wood floors, new carpeting, new paint inside and out, new recessed lighting, newer kitchen with sunny nook for eating, separate dining area, newer bathrooms, living room with wood-burning fireplace, central air, two master bedrooms, front porch and brick side patio. There is a detached 4-car garage with a 2 Bedroom unit above. This property shows true pride of ownership. Agent is related to seller.

Listed by Bernie Needham | BRE #00454716 | HomeSmart Realty Group
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
6,970
HOA Dues
$0/mo
Year built
1922
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
RS21222598
City
Brea
County
Orange
Time on Site
938 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $42,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $16,200
  • Pro Forma/Market Rent: $22,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,200
  • Net Operating Income: $42,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $22,100
  • New Taxes: $17,500
  • Trash: $600
  • Gardener: $1,000
  • Insurance: $1,800
  • Water/Sewer: $1,200

Property Details for 420 S Madrona Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room, Wood Burning
Room Information
  • Flooring: Carpet, Wood
  • Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Vinyl, Wood
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 28424106
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: unknown
  • Directions: W of Brea Blvd, S of Imperial
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Brea Agent

Sale History for 420 S Madrona Ave

Last sold for $1,200,000 on January 10th, 2022

  • November, 2021

  • Nov 30, 2021

    Date

    Pending

    CRMLS: RS21222598

    $1,295,000

    Price

  • Oct 23, 2021

    Date

    Price Change

    CRMLS: RS21222598

    $1,295,000

    Price

  • November, 2021

  • Nov 30, 2021

    Date

    Pending

    CRMLS: RS21220790

    $1,295,000

    Price

  • Oct 23, 2021

    Date

    Price Change

    CRMLS: RS21220790

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    Lovely two-story historic home close to City Hall Park. Completely updated and remodeled with warm natural wood floors, new carpeting, new paint inside and out, new recessed lighting, newer kitchen with sunny nook for eating, separate dining area, newer bathrooms, living room with wood burning fireplace, central air, two master bedrooms, front porch and brick side patio. This property shows true pride of ownership and has a 2-bedroom rental unit above the four-car garage. Agent is related to seller.

  • July, 2003

  • Jul 17, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2002

  • Dec 4, 2002

    Date

    Sold (Public Records)

    Public Records

    $252,900

    Price

Show More

Tax History for 420 S Madrona Ave

Assessed Value (2020): $252,793
Year Land Value Improved Value Assessed Value
2020 $65,766 $187,027 $252,793

Home Value Compared to the Market

This property vs the competition

420 S Madrona Ave sold on January 10, 2022 for 7.92% higher than the current median sold price for the city of Brea which is $1,200,000. The median sold price per/sqft for Brea is $601 and this home is sold at $448.25 per/sqft which puts the price per square foot 25.42% lower than the current median sale per square foot for the city of Brea.

About 420 S Madrona Ave

Detailed summary of property

420 S Madrona Ave is a multi family that recently sold in Brea, CA 92821. This multi family property offered 5 bedrooms, 3.5 bathrooms, roughly 2,889 living square feet, and sits on an approximately 6,970 square foot lot. 420 S Madrona Ave was first listed on ArdentRealEstateGroup.com on October 7, 2021. The homeowner sold the property for $1,200,000. Home in Brea are selling for a median price of $1,200,000 and a median price per square foot of $601. Based on Ardent Real Estate Group's Brea Market Data, this home is sold 7.92% higher than the current median priced home. Local homes that are currently for sale include 12044 Sycamore St, 7122 Natal Dr and 7122 Natal Dr. While the average home in Brea, CA is selling in 40 days, 420 S Madrona Ave has a days on market of 50 days. There are currently 40 homes for sale in the Brea real estate market and 35 of them are single family homes while 4 of them are condos and 1 are townhomes. For more information on this home for sale at 420 S Madrona Ave Brea, CA 92821 contact Ardent Real Estate Group and we will put you in touch with one of our Brea agents.

Public Facts for 420 S Madrona Ave

Public county record property details
Beds
2
Baths
1
Year built
1922
Sq. Ft.
1,038
Lot Size
6,854
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
21
APN
284-241-06

The source for these homes facts are from public records.

92821 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$548
Median Sold Price
$1,185,150
Median Sold Price/Sq.Ft.
$589
Total Inventory
32
Median Sale to List Price %
118.52%
Avg Days on Market
19
Loan Type
Conventional (59.09%), FHA (0%), VA (0%), Cash (22.73%), Other (18.18%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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