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883 Madeira Ave

Salinas, CA 93905

4 bd 3 ba 1,660 sqft Built 1981 Lot 9,495 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 #ML81906487
Sep 7, 2022 Listed $665,000 MLS #ML81906487

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $416,160 $332,928 $749,088 $10,960
2024 $416,160 $332,928 $749,088 $9,261
2023 $162,742 $35,559 $198,301 $2,344
2022 $159,551 $34,862 $194,413 $2,252
2021 $156,423 $34,179 $190,602 $2,164
2020 $154,820 $33,829 $188,649 $2,106
2019 $151,785 $33,166 $184,951 $2,087
2018 $148,809 $32,516 $181,325 $2,057
2017 $145,892 $31,879 $177,771 $2,058
2016 $143,032 $31,254 $174,286 $2,060
2015 $140,884 $30,785 $171,669 $2,077
2014 $138,125 $30,182 $168,307 $1,940
2013 $137,501 $30,046 $167,547 $1,969
2012 $134,805 $29,457 $164,262 $1,905
2011 $132,162 $28,880 $161,042 $1,879
2010 $131,175 $28,665 $159,840 $1,857
2009 $131,487 $28,734 $160,221 $1,881
2008 $128,909 $28,171 $157,080 $1,787
2007 $126,382 $27,619 $154,001 $1,705

Property facts

Year built
1981
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
1,660 sqft
Lot size
9,495 sqft
ZIP code
93905
City
Salinas
Street
Madeira Ave
Coordinates
36.68375, -121.62356

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
$5,312
Gross rental yield
11.18%
Implied cap rate
7.27%
Trend-extrapolated value

Frequently asked questions

When did 883 Madeira Ave last sell?
883 Madeira Ave most recently sold on Oct 14, 2022 for $570,000.
What is the current tax assessment for 883 Madeira Ave?
The most recent total assessment for 883 Madeira Ave (year 2025) is $749,088 with $10,960 in property tax.
How does 883 Madeira Ave's assessment compare to its last sale price?
The current assessment is 31.4% above the last sale price of $570,000.
When was 883 Madeira Ave built?
883 Madeira Ave was built in 1981.
How does 883 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 883 Madeira Ave?
883 Madeira Ave is a 4 bed, 3 bath, 1,660 sqft, 9,495 sqft lot multi_family.
Is 883 Madeira Ave a flip candidate?
No — 883 Madeira Ave does not appear in our flips dataset.
Is 883 Madeira Ave a tax-appeal candidate?
Yes — 883 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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