NOT LISTED FOR SALE

1411 Garfield Ave Commerce, CA 90022

Estimated Value: $696,991 - $1,025,000

6 Beds
4 Baths
3,040 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 02, 2015

Last sale price $370,000 $122 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $4,911/month

129 Days on Market

About This Home

As of January 2015

This is beautiful two unit new 2014 construction. As you walk in you are greeted with dark wood floors leading to a open living area. Kitchen has granite counter tops with great cabinetry and new stainless steel appliances. There are 3 spacious bedrooms and 3 bathrooms in each unit. Master bedroom is very big with walk in closet and nice bathroom. New construction follows all Los Angeles County code compliance. Home features up to code fire sprinklers, insulation, and is water and electrical efficient. This is MUST SEE to appreciate. Come on by to see what this home has to offer as it will go fast.

Last Agent to Sell the Property

Erica Moreno

Century 21 Allstars License #01860905 Listed on: 08/24/2014

Century 21 Allstars

Last Buyer's Agent

Arnold Pena

Century 21 Allstars License #01829661

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 5,080 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 3,040 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6351015031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $720
  • New Taxes Expense $8,000
  • Gross Income $4,000
  • Net Operating Income $38,500

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 6351015031
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 121.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 5080.00
  • Lot Size Acres: 0.1170

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 4000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5080.0000 Square Feet
  • Net Operating Income: 38500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Oct 8, 2014
Sold by
Ajg Realty Inc
Bought by
Mejia Elmer A Lopez and Laguna Elizabeth
Seller's Agent
Erica Moreno
Century 21 Allstars
Buyer's Agent
Arnold Pena
Century 21 Allstars
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Current Estimated Value
$850,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,330
Avg. Annual Appreciation
7.71%
Original Mortgage
$363,298
Outstanding Balance
$282,561
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$567,769

Purchase Details

Listed on
Jun 9, 2012
Closed on
Nov 18, 2012
Sold by
Lewis Darlene and The Darlene Lewis Living Trust
Bought by
Ajg Realty Inc
Seller's Agent
Jaime Perez
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
Jaime Perez
REALTY WORLD CALIFORNIA PROPERTIES
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.99%

Purchase Details

Closed on
May 2, 2012
Sold by
Lewis Darlene
Bought by
Lewis Darlene and The Darlene Lewis Living Trust

Purchase Details

Closed on
Jan 31, 2004
Sold by
Lewis Burt
Bought by
Lewis Burt and The Burt Lewis Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mejia Elmer A Lopez $370,000 Wfg Title Company
Ajg Realty Inc $165,000 Calcounties Title Nation
Lewis Darlene -- None Available
Lewis Darlene -- None Available
Lewis Burt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Elmer A Lopez $363,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2015 01/02/15 Sold $370,000 0.0% $122 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
11/14/2014 11/14/14 Sold $370,000 -2.4% $243 / Sq Ft View Prior Sale
10/01/2014 10/01/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $379,000 -52.6% $249 / Sq Ft
08/24/2014 08/24/14 For Sale $799,999 +384.8% $263 / Sq Ft
11/29/2012 11/29/12 Sold $165,000 0.0% $413 / Sq Ft View Prior Sale
06/21/2012 06/21/12 Pending -- -- --
06/09/2012 06/09/12 For Sale $165,000 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,834 $444,674 $180,271 $264,403
2024 $5,834 $435,956 $176,737 $259,219
2023 $5,843 $427,409 $173,272 $254,137
2022 $5,647 $419,029 $169,875 $249,154
2021 $5,458 $410,814 $166,545 $244,269
2019 $5,255 $398,631 $161,606 $237,025
2018 $5,357 $390,816 $158,438 $232,378
2016 $5,128 $375,642 $152,287 $223,355
2015 $4,832 $370,000 $150,000 $220,000
2014 $1,300 $82,874 $82,874 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14182530

California Regional Multiple Listing Service (CRMLS)

APN: 6351-015-031