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879 Madeira Ave

Salinas, CA 93905

4 bd 6 ba 2,220 sqft Built 1981 Lot 6,840 sqft multi_family
Most recent sale
$570,000
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $570,000 MLS #ML81906485
Sep 7, 2022 Listed $635,000 MLS #ML81906485

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $418,200 $326,400 $744,600 $9,316
2024 $418,200 $326,400 $744,600 $8,527
2023 $167,639 $35,559 $203,198 $2,389
2022 $164,352 $34,862 $199,214 $2,299
2021 $161,130 $34,179 $195,309 $2,209
2020 $159,478 $33,829 $193,307 $2,149
2019 $156,351 $33,166 $189,517 $2,133
2018 $153,286 $32,516 $185,802 $2,104
2017 $150,281 $31,879 $182,160 $2,106
2016 $147,335 $31,254 $178,589 $2,107
2015 $145,122 $30,785 $175,907 $2,125
2014 $142,280 $30,182 $172,462 $1,985
2013 $141,637 $30,046 $171,683 $2,014
2012 $138,860 $29,457 $168,317 $1,949
2011 $136,138 $28,880 $165,018 $1,922
2010 $135,121 $28,665 $163,786 $1,900
2009 $135,442 $28,734 $164,176 $1,924
2008 $132,787 $28,171 $160,958 $1,828
2007 $130,184 $27,619 $157,803 $1,744

Property facts

Year built
1981
Property type
multi_family
Stories
2
Beds
4
Baths
6
Living area
2,220 sqft
Lot size
6,840 sqft
ZIP code
93905
City
Salinas
Street
Madeira Ave
Coordinates
36.68373, -121.62378

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 879 Madeira Ave last sell?
879 Madeira Ave most recently sold on Oct 14, 2022 for $570,000.
What is the current tax assessment for 879 Madeira Ave?
The most recent total assessment for 879 Madeira Ave (year 2025) is $744,600 with $9,316 in property tax.
How does 879 Madeira Ave's assessment compare to its last sale price?
The current assessment is 30.6% above the last sale price of $570,000.
When was 879 Madeira Ave built?
879 Madeira Ave was built in 1981.
How does 879 Madeira Ave compare to others on Madeira Ave?
We track 8 other properties on Madeira Ave. Browse the list under "Other properties on Madeira Ave" to compare beds, baths, and sale history.
What are the property facts for 879 Madeira Ave?
879 Madeira Ave is a 4 bed, 6 bath, 2,220 sqft, 6,840 sqft lot multi_family.
Is 879 Madeira Ave a flip candidate?
No — 879 Madeira Ave does not appear in our flips dataset.
Is 879 Madeira Ave a tax-appeal candidate?
Yes — 879 Madeira Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.4%
Implied 1-yr
+9.6%
2026 Q3
$693.2K
2026 Q4
$707.5K
ZIP 93905 — Median Price History + Forecast

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