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505 E Madison Ave Unit 81, El Cajon, CA, 92020

$338,000

Home List Price

$4,014*

Closing Credit

1 Bedroom
1 Full Bath
710 SqFt
$476/SqFt
Condo
Schools Nearby

Location

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505 E Madison Ave Unit 81, El Cajon$338,000

Buyer Closing Credits

$4,014*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Year Built1970
CoolingElectric, Wall/Window Unit(s)
FireplaceNone
ViewNone
Private PoolYes
MLS #PTP2401525
StatusActive

About 505 E Madison Ave Unit 81

Motivated seller! Price adjusted to $338,000 with a $2,500 credit offered for window replacement. Great opportunity for Investors and first time home buyers. Move in ready, affordable upstairs unit with one bedroom, one bath, and spacious living room in a quiet gated community with covered parking lot. Recently painted with new carpet, it offers access to amenities including a pool, spa, gym, and dog park. HOA covers hot water and trash pickup. Conveniently located just minutes from shopping centers, malls, and Freeways

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Stories: 2
  • Living Area: 710 SqFt

Listing Office:

  • Office Name: Coldwell Banker West
  • Office Email: Zihanna123@gmail.com
  • Listing Agent: Zina Hanna

Interior Features

Interior Information:

  • Interior: All Bedrooms Up
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: None

Utilities

Utilities Information:

  • Cooling: Electric, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • El Cajon Valley High School, Public District Grades 9-12
  • Cajon Valley Middle School, Public District Grades 6-8
  • Naranca Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Cross Street - Avocado

Price Information

Listing Price Info

Price Summary:

  • List Price: $338,000
  • Price Per SqFt: $476/SqFt

HOA Fees:

  • Amount: $403
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,729
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in El Cajon, CA.

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El Cajon, CA

City

Med. Sold Price

$750K

Med. Price/SqFt

$481

Avg. Days On Market

23

# of Sold Homes

87

505 E Madison Ave Unit 81 vs El Cajon

41 DAYS ON ROCKET

+18 Days

$338,000

-$412K Less

$476/SqFt

-$5 Less

KEY TAKEAWAY

This property is $412K less than the Median Sold Price and $5/SqFt less than other homes in El Cajon, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PTP2401525

Listing Office:

  • Office Name: Coldwell Banker West
  • Office Email: Zihanna123@gmail.com
  • Listing Agent: Zina Hanna

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 9:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 11, 2005Home Sold
$193,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,729$230,000
2020$2,729$230,000
2019$2,147$220,000
2018$2,148$180,000
2017$1,917$160,000

History based on county public records data.

Payment Calculator

$2,157

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,080

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3612865
3
/10

  • Naranca Elementary School

  • 1030 Naranca Ave

  • 0.66 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3612866
2
/10

  • Cajon Valley Middle School

  • 550 E Park Ave

  • 0.10 miles

  • Public District Grades 6-8

High School

school-card-donut-3612867
2
/10

  • El Cajon Valley High School

  • 1035 E Madison Ave

  • 0.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,770. Typical income of El Cajon, CA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 E Madison Ave Unit 81

What is the listing price of this property?

The listing price of 505 E Madison Ave Unit 81 property is $338,000.

What type of property is this?

The property 505 E Madison Ave Unit 81 is a condo located in El Cajon, California, 92020.

Is this property for sale now?

Active Listing: 505 E Madison Ave Unit 81 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 E Madison Ave Unit 81 are:
Naranca Elementary School: GreatSchools Rating 3/10
Cajon Valley Middle School: GreatSchools Rating 2/10
El Cajon Valley High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,729 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 11, 2005 for $193,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 E Madison Ave Unit 81 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 E Madison Ave Unit 81 is 710 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 E Madison Ave Unit 81 is 1970.

Rocket Homes›California›San Diego County›El Cajon›92020›505 E Madison Ave Unit 81

This home is located at 505 E Madison Ave Unit 81 in El Cajon, CA and zip code 92020. This 710 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $338,000.

Over 45 listings were sold over their listed price in March 2024 in El Cajon, CA. In the same period over 28 listings were sold below the listed price and 14 listings were sold for the listed price. The inventory of homes for sale in El Cajon, CA between February 2024 and March 2024 increased by 6.4%. In March 2024 median list price was $750,000 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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