NOT LISTED FOR SALE

1544 Miracle Place Commerce, CA 90022

Estimated Value: $1,028,000 - $1,252,000

3 Beds
2 Baths
2,600 Sq Ft
$431/Sq Ft Est. Value

Last Sold August 24, 2012

Last sale price $485,000 $187 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,488/month

96 Days on Market

About This Home

As of August 2012

Two UNDER CONSTRUCTION brand new separated houses, Granite kitchen, ceramic floor, hardwood in all bedrooms, live in one and rent the second one

Last Agent to Sell the Property

Adelso Flores

Continental Real Estate License #00910310 Listed on: 05/01/2012

Last Buyer's Agent

Nino Zepeda

CENTURY 21 REALTY MASTERS License #01880762

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011

Lot Details

  • 6,406

Parking

  • 4 Parking Spaces

Home Design

  • 2,600 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,406 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 0.1
  • Tax Tract Number 8967
  • Assessor Parcel Number 6351039004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $680
  • New Taxes Expense $4,900
  • Gross Income $4,000
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.77
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6351039004
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 186.54

Exterior Features

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

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6406.00
  • Lot Size Acres: 0.1470

Multi Family

  • Gross Income: 4000.00
  • Gross Multiplier: 9.98
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 680.00
  • Lot Size Area: 6406.0000 Square Feet
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00

Tax Info

  • New Taxes Expense: 4900.00
  • Tax Area: 6518
  • Tax Lot: 0.1
  • Tax Tract Number: 8967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2012
Closed on
Aug 24, 2012
Sold by
Mojarro Leticia
Bought by
Mojarro Juan Miguel
Seller's Agent
Adelso Flores
Continental Real Estate
Buyer's Agent
Nino Zepeda
CENTURY 21 REALTY MASTERS
List Price
$479,000
Sold Price
$485,000
Premium/Discount to List
$6,000
1.25%
Current Estimated Value
$1,119,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,860
Avg. Annual Appreciation
6.47%

Purchase Details

Closed on
Jun 8, 2012
Sold by
Senemar Steven and Senemar Lobat
Bought by
Mojarro Juan A and Mojarro Juan Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2011
Sold by
Vasquez Luis Carlos and Vasquez Carmen
Bought by
Senemar Steven and Senemar Lobat
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mojarro Juan Miguel -- Stewart Title Company
Mojarro Juan A $485,000 Stewart Title Company
Senemar Steven $100,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mojarro Juan A $476,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2012 08/24/12 Sold $485,000 +1.3% $187 / Sq Ft
08/05/2012 08/05/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $479,000 -- $184 / 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 $7,456 $597,233 $246,282 $350,951
2024 $7,456 $585,523 $241,453 $344,070
2023 $7,472 $574,043 $236,719 $337,324
2022 $7,212 $562,788 $232,078 $330,710
2021 $6,953 $551,754 $227,528 $324,226
2020 $6,901 $546,097 $225,195 $320,902
2019 $6,683 $535,390 $220,780 $314,610
2018 $6,804 $524,893 $216,451 $308,442
2016 $6,488 $504,513 $208,047 $296,466
2015 $6,093 $496,935 $204,922 $292,013
2014 $6,017 $487,201 $200,908 $286,293
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Adelso Flores

    Continental Real Estate

    (323) 249-2892

    24 Total Sales

    Adelso Flores
    Section Image
  • Nino Zepeda

    Buyer's Agent in 2012

    Nino Zepeda

    CENTURY 21 REALTY MASTERS

    (323) 485-4518

    20 Total Sales

    Nino Zepeda
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P820732

California Regional Multiple Listing Service (CRMLS)

APN: 6351-039-004

California Los Angeles County Commerce 90022

1544 Miracle Place, Commerce, CA

Not Listed for Sale

MultiFamily

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