NOT LISTED FOR SALE

1040 S Gerhart Ave Commerce, CA 90022

Estimated Value: $377,288

-- Bed
-- Bath
2,425 Sq Ft
$156/Sq Ft Est. Value

About This Home

This home is located at 1040 S Gerhart Ave, Commerce, CA 90022 and is currently estimated at $377,288, approximately $155 per square foot. 1040 S Gerhart Ave is a home located in Los Angeles County with nearby schools including Winter Gardens Elementary School, Eastmont Intermediate School, and Schurr High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2012
Sold by
Villa Capital Inc
Bought by
Richardson Larry and Larry C Richardson Trust
Current Estimated Value
$377,288

Purchase Details

Closed on
Aug 22, 2012
Sold by
Richardson Larry and Larry C Richardson Trust
Bought by
Dragonis Investments Llc Series 7

Purchase Details

Closed on
Jan 7, 2011
Sold by
Villa Capital Group Llc
Bought by
Richardson Larry and Larry C Richardson Trust

Purchase Details

Closed on
Jan 20, 2010
Sold by
Villa Capital Inc
Bought by
Villa Capital Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2009
Sold by
Posada Mercedes
Bought by
Villa Capital Inc

Purchase Details

Closed on
Apr 21, 2005
Sold by
Sinquimani Manuel and Sinquimani Rosalinda
Bought by
Posada Mercedes

Purchase Details

Closed on
Jan 30, 1996
Sold by
Sinquimani Manuel and Sinquimani Rosalinda
Bought by
Sinquimani Manul

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Richardson Larry -- Fidelity National Title Co
Dragonis Investments Llc Series 7 $150,000 Fidelity National Title Co
Richardson Larry -- Fidelity National Title Co
Villa Capital Group Llc -- Accommodation
Villa Capital Inc $1,000 North American Title Company
Posada Mercedes $245,000 Investors Title Company
Sinquimani Manul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villa Capital Group Llc $760,000
Previous Owner Posada Mercedes $50,000
Previous Owner Posada Mercedes $710,000
Previous Owner Posada Mercedes $595,291
Previous Owner Posada Mercedes $127,375
Previous Owner Posada Mercedes $33,990
Previous Owner Sinquimani Manuel $175,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,821 $181,080 $78,468 $102,612
2023 $2,823 $177,530 $76,930 $100,600
2022 $2,736 $174,050 $75,422 $98,628
2021 $2,642 $170,639 $73,944 $96,695
2019 $2,554 $165,579 $71,751 $93,828
2018 $2,557 $162,334 $70,345 $91,989
2016 $2,430 $156,032 $67,614 $88,418
2015 $2,305 $153,689 $66,599 $87,090
2014 $2,281 $150,680 $65,295 $85,385
Source: Public Records

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