NOT LISTED FOR SALE

1406 S Gerhart Ave Commerce, CA 90022

Estimated Value: $667,850

0.18 Acre
$3,633,569 Price per Acre
8,006 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $460,000

Est. 45% increase in value since last sale

Current estimated payment $4,149/month

123 Days on Market

About This Lot

As of November 2018

Great location! The property is fenced, paved, and commercially zoned.

Last Agent to Sell the Property

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 07/02/2018

Century 21 Allstars

Last Buyer's Agent

Monica Olmos

Century 21 Masters License #01227976

Century 21 Masters

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,119

Lot Details

  • 8,006 Sq Ft Lot
  • Property is zoned CMM1*

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6338034001

Property Details

Property Type

Land

Est. Annual Taxes

$6,119

Lot Details

0

Listing Details

  • View: No
  • Zoning: CMM1*
  • Property Type: Land
  • Parcel Number: 6338034001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 57.46

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 8006.00
  • Lot Size Acres: 0.1838

Multi Family

  • Lot Size Area: 8006.0000 Square Feet

Tax Info

  • Tax Census Tract: 5323.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Oct 25, 2018
Sold by
Alvarez Teresa De Jesus
Bought by
Ramos Leopoldo U
Seller's Agent
Luther Sanchez
Century 21 Allstars
Buyer's Agent
Monica Olmos
Century 21 Masters
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$667,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,850
Avg. Annual Appreciation
5.47%
Original Mortgage
$230,000
Outstanding Balance
$202,635
Interest Rate
4.8%
Mortgage Type
Construction
Estimated Equity
$456,888

Purchase Details

Closed on
Jan 30, 2018
Sold by
Alvarez Teresa De Jesus
Bought by
Alvarez Teresa De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 2016
Sold by
Alvarez Teresa De Jesus
Bought by
Alvarez Teresa De Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2005
Sold by
Gonzalez Salvador
Bought by
Alvarez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2005
Sold by
Operation Shuttle Inc
Bought by
Gonzalez Salvador and Gonzalez Reyna

Purchase Details

Closed on
May 11, 2000
Sold by
Hagerty Lois Charlene
Bought by
Operation Shuttle Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.55%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1996
Sold by
Hagerty Ralph Eugene
Bought by
Hagerty Ralph Eugene and Hagerty Lois Charlene
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ramos Leopoldo U $460,000 Fidelity National Title
Alvarez Teresa De Jesus -- First American Title Company
Alvarez Teresa De Josus -- First American Title Company
Alvarez Teresa De Jesus -- First American Title
Alvarez Teresa $300,000 --
Alvarez Teresa -- --
Gonzalez Salvador $170,000 Security Union Title
Operation Shuttle Inc $92,500 North American Title Co
Hagerty Ralph Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Leopoldo E $135,000
Open Ramos Leopoldo U $230,000
Previous Owner Alvarez Teresa De Jesus $268,800
Previous Owner Dejesus Alvarez Teresa $69,547
Previous Owner Alvarez Teresa De Jesus $200,000
Previous Owner Alvarez Teresa De Jesus $100,000
Previous Owner Alvarez Teresa $100,000
Previous Owner Operation Shuttle Inc $250,000
Previous Owner Operation Shuttle Inc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $460,000 0.0% --
11/02/2018 11/02/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $460,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $6,119 $513,136 $507,560 $5,576
2024 $6,119 $503,075 $497,608 $5,467
2023 $6,136 $493,211 $487,851 $5,360
2022 $5,919 $483,541 $478,286 $5,255
2021 $5,722 $474,060 $468,908 $5,152
2019 $5,497 $460,000 $455,000 $5,000
2018 $4,418 $360,305 $342,293 $18,012
2016 $4,239 $346,315 $329,002 $17,313
2015 $3,973 $341,114 $324,061 $17,053
2014 $3,925 $334,433 $317,714 $16,719
Source: Public Records

Agents Affiliated with this Home

  • Luther Sanchez

    Seller's Agent in 2018

    Luther Sanchez

    Century 21 Allstars

    (562) 505-4901

    96 Total Sales

    Luther Sanchez
    Section Image
  • Monica Olmos

    Buyer's Agent in 2018

    Monica Olmos

    Century 21 Masters

    (626) 715-4663

    49 Total Sales

    Monica Olmos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18158786

California Regional Multiple Listing Service (CRMLS)

APN: 6338-034-001

California Los Angeles County Commerce 90022

1406 S Gerhart Ave, Commerce, CA

This home is located at 1406 S Gerhart Ave, Commerce, CA 90022 since 02 July 2018 and is currently estimated at $667,850. 1406 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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