NOT LISTED FOR SALE

1522 S Duncan Ave Commerce, CA 90040

Estimated Value: $960,000 - $1,534,000

8 Beds
6 Baths
2,538 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $1,210,000 $477 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,138/month

12 Days on Market

Highlights

  • New Construction
  • No Units Above
  • No HOA
  • James A. Garfield Senior High School Rated A
  • Private Yard
  • Laundry Room

About This Home

As of October 2021

BRAND NEW duplex centrally located in Commerce, this duplex is as turn key as they come! Both 4 bedroom 3 bath units were brilliantly designed and executed. From the quartz counter tops, NEW shaker cabinets, NEW appliances, decorative interior wall accents, gorgeous decorative tiles in each restroom, recessed lighting throughout the home, in unit laundry hookups, central air in both units with nest thermometers, mirrored closet doors, crown molding throughout the home, a 2 car garage for each unit with electrical wiring ready for electrical vehicle charging station, NEW landscaping, NEW concrete drive way with flagstone design, both bottom floors have porcelain flooring for high traffic area, 2nd floor is hardwood flooring, each unit has a tankless water heater, fire sprinklers installed in both units, electric gate at driveway entry. This duplex was thought out to the smallest detail and built with LOTS of pride and integrity. What a GREAT opportunity to start or add onto your real estate portfolio!

Last Agent to Sell the Property

Olivia Mendoza

Y Realty License #01953197 Listed on: 08/16/2021

Last Buyer's Agent

Mey Ly

T.N.G. Real Estate Consultants License #01970907

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,611

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 6,488 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,538 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Additional Features

  • Laundry Room
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 5323
  • Tax Tract Number 5100
  • Assessor Parcel Number 5244004005
  • $1,048 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,105
  • Fuel Expense $240
  • Insurance Expense $456
  • Trash Expense $1,740
  • Water Sewer Expense $1,740
  • Operating Expense $456
  • Gross Income $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,611

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: (562) 455-9984
  • Price Per Unit: 600000
  • Property Attached: Yes
  • Water Sewer Expenses: 1740.00
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5244004005
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 476.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 1740.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 6488.00
  • Lot Size Acres: 0.1489

Multi Family

  • Electric Expense: 1105.00
  • Fuel Expense: 240.00
  • Gross Income: 7000.00
  • Gross Scheduled Income: 7000.00
  • Insurance Expense: 456.00
  • Lot Size Area: 6488.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 456.00

Tax Info

  • Tax Lot: 5323
  • Tax Tract Number: 5100
  • TaxOtherAnnualAssessmentAmount: 1048.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Sep 7, 2021
Sold by
Jt Leasing Llc
Bought by
Rath Sarang
Seller's Agent
Olivia Mendoza
Y Realty
Buyer's Agent
Mey Ly
T.N.G. Real Estate Consultants
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%
Current Estimated Value
$1,248,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,835
Avg. Annual Appreciation
1.68%
Original Mortgage
$1,020,000
Outstanding Balance
$932,161
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$358,034

Purchase Details

Closed on
Jul 6, 2021
Sold by
Venegas Tina M
Bought by
Jt Leasing Llc

Purchase Details

Listed on
Oct 26, 2020
Closed on
Oct 28, 2020
Sold by
Rodriguez Vidal and Rodriguez Lucia Delcarmen
Bought by
Venegas Tina M
Seller's Agent
Felipe Aragon
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.20%

Purchase Details

Listed on
Jan 1, 2018
Closed on
Feb 20, 2018
Sold by
Gallego Karen E
Bought by
Rodriguez Vidal and Rodriguez Lucie Del Carmen
Seller's Agent
Arthur Vega
Community Brokers
Buyer's Agent
Felipe Aragon
Coldwell Banker Realty
List Price
$310,000
Sold Price
$315,000
Premium/Discount to List
$5,000
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%

Purchase Details

Closed on
Jul 20, 1998
Sold by
Gallego Frank L
Bought by
Gallego Frank L and Gallego Angelina A
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
Rath Sarang $1,210,000 Orange Coast Title Company
Jt Leasing Llc -- None Available
Venegas Tina M $390,000 First American Title
Rodriguez Vidal $315,000 Provident Title
Gallego Frank L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rath Sarang $1,020,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $1,210,000 +0.8% $477 / Sq Ft
09/29/2021 09/29/21 Price Changed $1,200,000 0.0% $473 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $1,200,000 +207.7% $473 / Sq Ft
12/15/2020 12/15/20 Sold $390,000 0.0% $602 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $390,000 +23.8% $602 / Sq Ft
03/07/2018 03/07/18 Sold $315,000 +1.6% $485 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $310,000 0.0% $477 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $310,000 0.0% $477 / Sq Ft
01/13/2018 01/13/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $310,000 -- $477 / 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 $15,611 $1,284,061 $711,009 $573,052
2024 $15,611 $1,258,884 $697,068 $561,816
2023 $15,332 $1,234,200 $683,400 $550,800
2022 $14,567 $1,210,000 $670,000 $540,000
2021 $4,979 $390,000 $312,000 $78,000
2020 $4,293 $327,725 $297,554 $30,171
2019 $4,125 $321,300 $291,720 $29,580
2018 $3,823 $297,865 $178,508 $119,357
2017 $760 $37,433 $24,824 $12,609
2016 $737 $36,700 $24,338 $12,362
2015 $725 $36,150 $23,973 $12,177
2014 $731 $35,443 $23,504 $11,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21176655

California Regional Multiple Listing Service (CRMLS)

APN: 5244-004-005