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
Sold for $325,000
Listed by: Coldwell Banker West • Zina Hanna • Contact: 619-820-7249
Bought with: Palisade Realty Inc
$325,000
505 E Madison Ave Unit 81, El Cajon, CA 92020
1beds
710sqft
Condominium
Built in 1970
-- sqft lot
$321,100 Zestimate®
$458/sqft
$1,691 Estimated rent
Home value
$321,100
$305,000 - $337,000
$1,691/mo
Zestimate® history
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$2,456/mo
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Dog parkCovered parking lotHot water
Zillow last checked:
Listing updated:
Listed by:
Zina Hanna DRE #01180013 Zihanna123@gmail.com,
Coldwell Banker West
Bought with:
Erika Wedemeyer, DRE #01862495
Palisade Realty Inc
Source: CRMLS,MLS#: PTP2401525
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Up
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- All Bedrooms Up
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 710 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Living room
- Has private pool: Yes
- Pool features: In Ground, Association
- Has view: Yes
- View description: None
Details
- Parcel number: 4833101834
- Zoning: R-1:SINGLE FAM-RES
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1970
Community & HOA
Community
- Features: Dog Park
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Pool
- HOA fee: $403 monthly
- HOA name: Madison Ave -The Helm
- HOA phone: 619-589-6222
Location
- Region: El Cajon
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $331,499
- Annual tax amount: $3,843
- Date on market: 3/19/2024
- Listing terms: Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2024 | Sold | $325,000+0.3%$458/sqft |
Source:  CRMLS #PTP2401525 Report a problem | ||
| 5/16/2024 | Pending sale | $324,000$456/sqft |
Source: CRMLS #PTP2401525 Report a problem | ||
| 5/9/2024 | Price change | $324,000-4.1%$456/sqft |
Source: CRMLS #PTP2401525 Report a problem | ||
| 4/19/2024 | Listed for sale | $338,000+75.1%$476/sqft |
Source: CRMLS #PTP2401525 Report a problem | ||
| 7/11/2005 | Sold | $193,000$272/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,843 +25.4% | $331,499 +28.3% |
| 2024 | $3,064 +2.7% | $258,422 +2% |
| 2023 | $2,984 +1.6% | $253,356 +2% |
| 2022 | $2,936 +7.5% | $248,389 +8% |
| 2021 | $2,731 +0.1% | $230,000 |
| 2020 | $2,729 +5.5% | $230,000 +4.5% |
| 2019 | $2,587 +20.4% | $220,000 +22.2% |
| 2018 | $2,148 +12.1% | $180,000 +12.5% |
| 2017 | $1,917 +21.6% | $160,000 +18.5% |
| 2016 | $1,576 -1% | $135,000 |
| 2015 | $1,592 +12.9% | $135,000 +12.5% |
| 2014 | $1,410 | $120,000 +130.8% |
| 2013 | -- | $52,000 +23.8% |
| 2012 | -- | $42,000 |
| 2011 | -- | $42,000 |
| 2010 | -- | $42,000 -50% |
| 2009 | -- | $84,000 -35.4% |
| 2008 | -- | $130,000 -33.9% |
| 2007 | -- | $196,758 +2% |
| 2006 | -- | $192,900 +363% |
| 2005 | -- | $41,666 |
Find assessor info on the county website
Neighborhood: 92020
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Nearby schools
GreatSchools rating
- 3/10Naranca Elementary SchoolGrades: K-6Distance: 0.7 mi
- 4/10Cajon Valley Middle SchoolGrades: 6-8Distance: 0.1 mi
- 3/10El Cajon Valley High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$321,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$321,100
- California
- San Diego County
- El Cajon
- 92020
- 505 E Madison Ave Unit 81
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