Seller's Agent in 2023
Michelle Crochet
eXp Realty of Greater Los Angeles, Inc.
(818) 688-2062
1 in this area
76 Total Sales
2538 Leo Ave Commerce, CA 90040
Estimated Value: $698,000 - $772,000
3
Beds
1
Bath
984
Sq Ft
$740/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- Covered Patio or Porch
- Cooling System Mounted To A Wall/Window
- No HOA
- Eat-In Kitchen
- Bathtub with Shower
About This Home
As of July 2023Welcome Home. Once you enter this home, located on a nice street and family-owned for over 50 years, you will feel a sense of being home. Flooded with natural light, this home has an ideal layout with the living room and kitchen flowing out into the large backyard with detached garage (with ADU potential). The home has been recently painted, all original hardwood floors have been refinished, the bathroom has been upgraded, there is a new A/C unit and new furnace, and the living room carpet is new. It’s move-in ready yet offers the opportunity for a new owner to add their own special touch. The location of this home should not be overlooked either. You will enjoy being just a few minutes walk to the famous Rosewood Park, Rosewood Park K-8 school, and the Commerce City Senior Citizens center among many others you will enjoy discovering. It’s also very conveniently located near the 5 freeway, Citadel specialty outlets and The Commerce Casino and Hotel. The Commerce city bus service is free as well as trash service. This property has one remarkable feature that will appeal strongly to buyers! It adds significantly to the home’s value and should not be overlooked. Ask your agent to reach out for an appointment today so you can truly understand what a hidden gem this property truly is. Seller is ready to downsize and has prioritized a quick sale to a worthy buyer.
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles, Inc. License #02099298 Listed on: 06/02/2023
Last Buyer's Agent
Eddie Halaby
Redfin Corporation License #01944476
Home Details
Home Type
- Single Family
Year Built
- Built in 1944
Lot Details
- 5,240 Sq Ft Lot
- Block Wall Fence
- Density is up to 1 Unit/Acre
- Property is zoned CMR1YY
Parking
- 2 Car Garage
- Parking Available
- Driveway
Home Design
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 984 Sq Ft Home
- 1-Story Property
- Family Room
- Carpet
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Laminate Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
- Makeup or Vanity Space
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer Hookup
Outdoor Features
- Covered Patio or Porch
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Heat Pump System
Listing and Financial Details
- Tax Lot 49
- Tax Tract Number 9962
- Assessor Parcel Number 6334019010
- $470 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2023
Closed on
Jul 6, 2023
Sold by
Velasquez Revocable Living Trust
Bought by
Gonzalez Michael M and Ordaz-Gonzalez Andrea
Seller's Agent
Michelle Crochet
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Eddie Halaby
Redfin Corporation
List Price
$589,000
Sold Price
$661,000
Premium/Discount to List
$72,000
12.22%
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,505
Avg. Annual Appreciation
4.07%
Original Mortgage
$649,027
Outstanding Balance
$632,662
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$95,843
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Michael M | $661,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Michael M | $649,027 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2023 07/24/23 | Sold | $661,000 | +12.2% | $672 / Sq Ft |
| 06/02/2023 06/02/23 | For Sale | $589,000 | -- | $599 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,085 | $674,220 | $513,264 | $160,956 |
| 2024 | $8,085 | $661,000 | $503,200 | $157,800 |
| 2023 | $937 | $45,884 | $24,003 | $21,881 |
| 2022 | $909 | $44,985 | $23,533 | $21,452 |
| 2021 | $880 | $44,104 | $23,072 | $21,032 |
| 2020 | $874 | $43,653 | $22,836 | $20,817 |
| 2019 | $854 | $42,798 | $22,389 | $20,409 |
| 2018 | $758 | $41,959 | $21,950 | $20,009 |
| 2016 | $711 | $40,332 | $21,099 | $19,233 |
| 2015 | $680 | $39,728 | $20,783 | $18,945 |
| 2014 | $678 | $38,950 | $20,376 | $18,574 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Crochet
-
Eddie Halaby
E
Buyer's Agent in 2023
Eddie Halaby
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB23094461
APN: 6334-019-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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