NOT LISTED FOR SALE

1509 S Concourse Ave Commerce, CA 90022

Estimated Value: $576,000 - $727,000

2 Beds
2 Baths
1,132 Sq Ft
$563/Sq Ft Est. Value

Last Sold February 10, 2012

Last sale price $183,000 $162 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $3,703/month

93 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Montebello/Commerce
  • Wall Furnace
  • Living Room
  • Bungalow

About This Home

As of February 2012

"This is a Fannie Mae HomePath Property". Great starter income property in a very desirable area of Los Angeles, adjacent to City of Commerce and Montebello. Duplex is a 1 bedroom 1 bath each with tile flooring, dining area, alley access with 2 single attached garages. Property is centrally located to shopping and public transportation. To be sold in "AS IS" present conditions.

Last Agent to Sell the Property

J.J. Lopez

CENTURY 21 REALTY MASTERS License #00897398 Listed on: 09/26/2011

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Mercedes De La Cruz

Century 21 Allstars License #01414738

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,874

Year Built

  • Built in 1952

Lot Details

  • 2,382

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,132 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2,382 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 228
  • Tax Tract Number 10083
  • Assessor Parcel Number 6351012019

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,874

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • View: No
  • Zoning: LCR3YY
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6351012019
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 161.66
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 2382.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lot Size Area: 2382.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 228
  • Tax Tract Number: 10083
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2011
Closed on
Jan 23, 2012
Sold by
Gatica Theresa
Bought by
Rodriguez Rene Abraham
Seller's Agent
J.J. Lopez
CENTURY 21 REALTY MASTERS
Buyer's Agent
Mercedes De La Cruz
Century 21 Allstars
List Price
$234,900
Sold Price
$183,000
Premium/Discount to List
-$51,900
-22.09%
Current Estimated Value
$637,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,595
Avg. Annual Appreciation
9.55%
Original Mortgage
$178,360
Outstanding Balance
$123,846
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$513,749

Purchase Details

Listed on
Sep 26, 2011
Closed on
Jan 17, 2012
Sold by
Federal National Mortgage Association
Bought by
Rodriguez Rene Abraham
Seller's Agent
J.J. Lopez
CENTURY 21 REALTY MASTERS
Buyer's Agent
Mercedes De La Cruz
Century 21 Allstars
List Price
$234,900
Sold Price
$183,000
Premium/Discount to List
-$51,900
-22.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,360
Outstanding Balance
$123,846
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$513,749

Purchase Details

Closed on
Aug 25, 2010
Sold by
Laclette Amado
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 8, 2006
Sold by
Laclette Amado
Bought by
Amado Laclette 2006 Revocable Trust

Purchase Details

Closed on
Mar 28, 2005
Sold by
Interiano Peter
Bought by
Laclette Amado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 14, 2003
Sold by
Saavedra Ruben and Saavedra Maria Elena
Bought by
Interiano Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rodriguez Rene Abraham -- Lsi Title Company Inc
Rodriguez Rene Abraham $183,000 Lsi Title Company Inc
Federal National Mortgage Association $369,527 None Available
Amado Laclette 2006 Revocable Trust -- None Available
Laclette Amado $350,000 Southland Title Company
Interiano Peter $195,000 Fidelity
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rene Abraham $178,360
Previous Owner Laclette Amado $280,000
Previous Owner Interiano Peter $156,000
Closed Interiano Peter $39,000
Closed Laclette Amado $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2012 02/10/12 Sold $183,000 -22.1% $162 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
09/26/2011 09/26/11 For Sale $234,900 -- $208 / Sq Ft
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 $3,874 $229,845 $156,999 $72,846
2024 $3,874 $225,339 $153,921 $71,418
2023 $3,702 $220,921 $150,903 $70,018
2022 $3,594 $216,591 $147,945 $68,646
2021 $3,490 $212,345 $145,045 $67,300
2019 $3,379 $206,048 $140,744 $65,304
2018 $3,411 $202,009 $137,985 $64,024
2016 $3,277 $194,167 $132,628 $61,539
2015 $3,121 $191,251 $130,636 $60,615
2014 $3,041 $187,506 $128,078 $59,428
Source: Public Records

Agents Affiliated with this Home

  • J.J. Lopez

    Seller's Agent in 2012

    J.J. Lopez

    CENTURY 21 REALTY MASTERS

    (323) 722-7373

    1 in this area

    13 Total Sales

    J.J. Lopez
    Section Image
  • Mercedes De La Cruz

    Buyer's Agent in 2012

    Mercedes De La Cruz

    Century 21 Allstars

    (704) 326-2649

    86 Total Sales

    Mercedes De La Cruz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M11126863

California Regional Multiple Listing Service (CRMLS)

APN: 6351-012-019

California Los Angeles County Commerce 90022

1509 S Concourse Ave, Commerce, CA

This home is located at 1509 S Concourse Ave, Commerce, CA 90022 since 26 September 2011 and is currently estimated at $637,595, approximately $563 per square foot. This property was built in 1952. 1509 S Concourse Ave is a home located in Los Angeles County with nearby schools including Washington Elementary School, Montebello Intermediate School, and Montebello 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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