NOT LISTED FOR SALE

2507 Leo Ave Commerce, CA 90040

Estimated Value: $664,000 - $696,000

2 Beds
1 Bath
1,130 Sq Ft
$607/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $575,000 $509 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,414/month

17 Days on Market

Highlights

  • Den with Fireplace
  • No HOA
  • Living Room
  • Traditional Architecture
  • 2 Car Attached Garage
  • Dining Area

About This Home

As of April 2022

Court date is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. Agents please see private remarks for additional information. Wonderful opportunity in the City of Commerce to own this two bedroom one bath home featuring a large den with fireplace, large yard and detached two car garage. Located in the Rosewood Park neighborhood and close to major freeways and shopping centers. Trust sale, court confirmation is required.

Last Listed By

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 10/12/2021

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1944

Lot Details

  • 4,888 Sq Ft Lot
  • Lot Dimensions are 45x105
  • Property is zoned CMR1*

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Den with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6334-013-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,331

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1130
  • Lot Acreage: 0.1122
  • Lot Dimensions: 45x105
  • Probate: Yes
  • Stories: 1
  • Year Built: 1944
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 1
  • Price Per S Q F T: 534.73

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6334-013-013
  • Lot Size Area: 4888

Rental Info

  • Court Approve: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Apr 8, 2022
Sold by
Wilson Welch
Bought by
Carlin Larry
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matias Masucci
Berkshire Hathaway HomeServices California Properties
List Price
$425,000
Sold Price
$575,000
Premium/Discount to List
$150,000
35.29%
Total Days on Market
17
Current Estimated Value
$686,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,015
Avg. Annual Appreciation
6.06%
Original Mortgage
$402,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2021
Closed on
Feb 7, 2022
Sold by
Wilson Welch Living Trust
Bought by
Ramos Martin and Ramos Felicitas
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Matias Masucci
Berkshire Hathaway HomeServices California Properties
List Price
$425,000
Sold Price
$575,000
Premium/Discount to List
$150,000
35.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2015
Sold by
Welch Wilson
Bought by
Welch Wilson

Purchase Details

Closed on
Apr 26, 2010
Sold by
Welch Wilson
Bought by
Welch Wilson and Welch Family Living Trust

Purchase Details

Closed on
Mar 16, 2006
Sold by
Welch Mary Ann
Bought by
Welch Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 9, 2005
Sold by
Welch Randy
Bought by
Welch Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 20, 2005
Sold by
Welch Randy and Welch Wilson
Bought by
Welch Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 18, 2001
Sold by
Welch Rosalia
Bought by
Welch Wilson

Purchase Details

Closed on
Mar 1, 2001
Sold by
Hernandez John M and Hernandez Olga
Bought by
Welch Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,790
Interest Rate
7.03%
Mortgage Type
FHA

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
Ramos Martin $575,000 Chicago Title
Welch Wilson -- None Available
Welch Wilson -- None Available
Welch Wilson -- First American Title
Welch Wilson -- --
Welch Randy -- Chicago Title Co
Welch Wilson -- Commonwealth Title
Welch Randy $143,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramos Martin $402,500
Previous Owner Welch Wilson $182,500
Previous Owner Welch Wilson $204,000
Previous Owner Welch Randy $195,000
Previous Owner Welch Randy $140,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $575,000 -4.8% $509 / Sq Ft
12/03/2021 12/03/21 Price Changed $604,250 +42.2% $535 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $425,000 -- $376 / Sq Ft
Source: The MLS

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 $7,331 $598,230 $478,584 $119,646
2023 $7,347 $586,500 $469,200 $117,300
2022 $2,785 $203,028 $162,428 $40,600
2021 $2,689 $199,048 $159,244 $39,804
2019 $2,589 $193,146 $154,522 $38,624
2018 $2,600 $189,360 $151,493 $37,867
2016 $2,479 $182,009 $145,611 $36,398
2015 $2,334 $179,276 $143,424 $35,852
2014 $2,308 $175,765 $140,615 $35,150
Source: Public Records

Agents Affiliated with this Home

  • Nancy Sanborn

    Seller's Agent in 2022

    Nancy Sanborn

    Berkshire Hathaway HomeServices California Properties

    (310) 777-7800

    1 in this area

    223 Total Sales

    Nancy Sanborn
    Section Image
  • Brian Joy

    Seller Co-Listing Agent in 2022

    Brian Joy

    Berkshire Hathaway HomeServices California Properties

    (818) 590-7303

    1 in this area

    193 Total Sales

    Brian Joy
    Section Image
  • Matias Masucci

    Buyer's Agent in 2022

    Matias Masucci

    Berkshire Hathaway HomeServices California Properties

    (310) 734-8068

    1 in this area

    86 Total Sales

    Matias Masucci
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-792078

The MLS

APN: 6334-013-013

California Los Angeles County Commerce 90040

2507 Leo Ave, Commerce, CA

Homes for Sale in Commerce, CA

This home is located at 2507 Leo Ave, Commerce, CA 90040 since 12 October 2021 and is currently estimated at $686,015, approximately $607 per square foot. This property was built in 1944. 2507 Leo Ave is a home located in Los Angeles County with nearby schools including Rosewood Park School, Bell Gardens High, and KIPP Raices Academy.

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