NOT LISTED FOR SALE

1539 Nicola Ave Commerce, CA 90022

Estimated Value: $499,000 - $565,000

1 Bed
1 Bath
576 Sq Ft
$925/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $525,000 $911 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,021/month

45 Days on Market

Highlights

  • No HOA
  • Bathtub with Shower
  • Ceiling Fan
  • Eat-In Kitchen
  • Living Room
  • Carpet

About This Home

As of October 2024

Looking for a home to start investor journey? Look no more, welcome to your new property in the heart of commerce! This home just hit the market for the first time since 1976! Home needs a little TLC like a fresh code of paint, but the home sits on a huge 5k sqft lot with a R2 zoning which means you could create a duplex. The possibilities are endless! When have you seen a home in California with R2 zoning for less than 600k? Set up a viewing today asap before this home sells!

Last Listed By

Daniel Gonzales

VIP Real Estate Firm Brokerage Phone: 213-254-8106 License #02200780 Listed on: 08/11/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $783

Year Built

  • Built in 1949

Lot Details

  • 5,106 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CMR3YY

Parking

  • 2 Car Garage

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Rain Gutters
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 8967
  • Assessor Parcel Number 6351038006
  • $386 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$783

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CMR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6351038006
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 576.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 911.46
  • Room Type: Living Room, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Shower In Tub

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Unknown

Condo/Co-op/Association

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

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5106.00
  • Lot Size Acres: 0.1172

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5106.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 80
  • Tax Tract Number: 8967
  • TaxOtherAnnualAssessmentAmount: 386.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2024
Closed on
Sep 30, 2024
Sold by
Lopez Family Trust and Monte Isabel
Bought by
Ferrufino Veronica
Seller's Agent
Daniel Gonzales
VIP Real Estate Firm
Buyer's Agent
Marie Ojeda
T.N.G. Real Estate Consultants
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Total Days on Market
45
Views
46
Current Estimated Value
$533,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,020
Avg. Annual Appreciation
1.50%
Original Mortgage
$446,250
Outstanding Balance
$443,725
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$85,595

Purchase Details

Closed on
Jan 10, 1994
Sold by
The Lopez Family Trust
Bought by
Lopez Angel L and Lopez Jessie C

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
Ferrufino Veronica $525,000 Wfg National Title
Lopez Angel L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrufino Veronica $446,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $525,000 0.0% $911 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $525,000 -4.5% $911 / Sq Ft
08/23/2024 08/23/24 For Sale $550,000 0.0% $955 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/11/2024 08/11/24 For Sale $550,000 -- $955 / 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
2024 $783 $41,174 $25,182 $15,992
2023 $778 $40,368 $24,689 $15,679
2022 $753 $39,577 $24,205 $15,372
2021 $730 $38,802 $23,731 $15,071
2019 $706 $37,653 $23,028 $14,625
2018 $672 $36,916 $22,577 $14,339
2017 $655 $36,193 $22,135 $14,058
2016 $634 $35,484 $21,701 $13,783
2015 $606 $34,952 $21,376 $13,576
2014 $605 $34,269 $20,958 $13,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24166002

California Regional Multiple Listing Service (CRMLS)

APN: 6351-038-006