NOT LISTED FOR SALE

1512 S Concourse Ave Commerce, CA 90022

Estimated Value: $604,000 - $643,000

2 Beds
2 Baths
672 Sq Ft
$921/Sq Ft Est. Value

Last Sold January 15, 2019

Last sale price $375,000 $558 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,661/month

21 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Montebello/Commerce
  • Living Room
  • Galley Kitchen
  • Bathtub with Shower
  • Laundry Room

About This Home

As of January 2019

Welcome to one of the best deals in the area! This cozy home is perfect for the first time home buyer looking to get a good deal in a nice, quiet area. This home is well maintained with a small yard in the front and the back of the house. Both bedrooms are a good size with huge closets and plenty of storage space above and below closets. Bathroom is large and has great potential for a buyer looking to put their own mark by creating their dream bathroom! There's plenty of room to put in a nice large vanity and a jacuzzi tub if desired. Galley kitchen with wood cabinets and double bowl stainless steel sink. All in very good condition. Behind the kitchen you will find a really great, large laundry area with plenty of room. Side door leads to the backyard and bonus unit that can bring in some extra income or be used as a home for extended family! Bonus unit is 1 bed, 1 bath fully remodeled. Come see it ASAP you will love it.

Last Agent to Sell the Property

Christina Aleman

Simple Real Estate License #01988143 Listed on: 11/09/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 2,437 Sq Ft Lot
  • Front Yard
  • Property is zoned MNR3*

Parking

  • On-Street Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11111
  • Assessor Parcel Number 6337025004

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: MNR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6337025004
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 672.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 558.04
  • Room Type: Galley Kitchen, Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s)

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2437.00
  • Lot Size Acres: 0.0559

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2437.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5319.02
  • Tax Lot: 1
  • Tax Tract Number: 11111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2020
Sold by
Magana Jorge Alberto
Bought by
Magana Jorge Alberto
Current Estimated Value
$618,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,375
Outstanding Balance
$335,025
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$283,838

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 5, 2018
Sold by
Shimidzu Alberto and Shimidzu Hortensia
Bought by
Magana Jorge Alberto
Seller's Agent
Christina Aleman
Simple Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$359,999
Sold Price
$375,000
Premium/Discount to List
$15,001
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$363,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2016
Sold by
Roman Alma Adriana
Bought by
Roman Jose

Purchase Details

Closed on
May 17, 2016
Sold by
Roman Alma Adnana
Bought by
Roman Jose

Purchase Details

Closed on
Aug 24, 2011
Sold by
Wang Jialiang
Bought by
Shimidzu Alberto and Roman Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,056
Interest Rate
4.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2011
Sold by
Qian Yi Tina
Bought by
Wang Jialiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,056
Interest Rate
4.05%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2011
Sold by
Roman Jose
Bought by
Wang Jialiang

Purchase Details

Closed on
Aug 8, 2007
Sold by
Lorenzana Martha
Bought by
Roman Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Magana Jorge Alberto -- Provident Title Company
Magana Jorge Alberto $375,000 Western Resources Title Comp
Roman Jose -- None Available
Roman Jose -- None Available
Shimidzu Alberto $195,000 Investors Title Company
Wang Jialiang -- Investors Title Company
Wang Jialiang $130,000 None Available
Roman Jose -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magana Jorge Alberto $378,375
Closed Magana Jorge Alberto $363,750
Previous Owner Shimidzu Alberto $190,056
Previous Owner Roman Jose $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2019 01/15/19 Sold $375,000 +4.2% $558 / Sq Ft
11/09/2018 11/09/18 For Sale $359,999 -- $536 / 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 $5,484 $418,316 $306,766 $111,550
2024 $5,484 $410,114 $300,751 $109,363
2023 $5,492 $402,073 $294,854 $107,219
2022 $5,308 $394,190 $289,073 $105,117
2021 $5,136 $386,461 $283,405 $103,056
2019 $3,723 $266,357 $181,349 $85,008
2018 $3,781 $261,136 $177,794 $83,342
2016 $3,105 $206,899 $154,379 $52,520
2015 $2,940 $203,793 $152,061 $51,732
2014 $2,854 $199,802 $149,083 $50,719
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christina Aleman

    Simple Real Estate

    (562) 565-5440

    3 in this area

    14 Total Sales

    Christina Aleman
    Section Image

  • N

    Buyer's Agent in 2019

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    6,236 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18270368

California Regional Multiple Listing Service (CRMLS)

APN: 6337-025-004

California Los Angeles County Commerce 90022

1512 S Concourse Ave, Commerce, CA

Not Listed for Sale

Detached

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