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1062 Madison Ave, Los Banos, CA, 93635

4beds
2baths
1,676sqft
$459,000
$274price/sqft
$3,253/moest. monthly cost
$130,120/yrincome needed

About This Home

Welcome to this charming 4-bedroom, 2-bath home located in one of Los Banos' most sought-after southside neighborhoods! This spacious residence has a separate family room an living room . Enjoy peace of mind with a brand-new roof, new furnace, and new central AC systemperfect for year-round comfort. The newly remodeled bathrooms feature contemporary fixtures and fresh design touches that add a touch of luxury. The open, inviting floor plan offers plenty of natural light and space for entertaining or relaxing. Outside, you'll find a nicely sized yard with potential for gardening, play, or outdoor gatherings. Conveniently located near top-rated schools, parks, shopping, and easy commuter access, this home combines modern updates with a great location. Don't miss your chance to own this move-in-ready gem on the south side of Los Banos!

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

2/10
2/10
Creekside Junior HighGrades 7-82.0 mi
4/10
Los Banos High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1963

Materials

  • Foundation: Raised
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: DiningAreainLivingRoom

Family Room

  • Features: SeparateFamilyRoom

Features

  • Fireplace features: Gas Starter

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 1,676
  • Total interior livable area: 1,676 sqft

Property

Details

  • Parcel number: 026275026000
  • Zoning: R-1
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 7,350 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Drought
    DroughtModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Drought
Lightning

FEMA Declared Disasters in Merced County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,320$27,840
Home Insurance *$117$1,404
Property Taxes $418$5,016
Electricity $398$4,786
Total$3,253$39,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,531/yr
40% on housing$97,590/yr
45% on housing$86,746/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$274This listing

vs Other Active Listings

Avg $/sqft

ZIP 93635$252
Merced County$326

vs Homes Sold Last Month

Median $/sqft

ZIP 93635$266
Merced County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Price change$465,000
2025-12-03Price change$470,000
2025-10-23Listed for sale$480,000
2021-08-24Sold$370,000
2021-05-31Contingent$380,000
2021-05-26Listed for sale$380,000
2015-11-18Sold$230,000
2014-07-23Sold$220,000
2013-10-10Sold$198,000
2004-07-09Sold$340,000
1998-05-15Sold$130,000

For Sale by Agent

AgentDesiree Soliz
BrokerageCentury 21 Select Real Estate

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