NOT LISTED FOR SALE

2542 Commerce Way Commerce, CA 90040

Estimated Value: $691,000 - $902,000

4 Beds
2 Baths
1,592 Sq Ft
$484/Sq Ft Est. Value

About This Home

This home is located at 2542 Commerce Way, Commerce, CA 90040 and is currently estimated at $771,177, approximately $484 per square foot. 2542 Commerce Way is a home located in Los Angeles County with nearby schools including Rosewood Park School, Bell Gardens High, and KIPP Raices Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2019
Sold by
Rivas Louis and Rivas Mery
Bought by
Rivas Louis and Rivas Mery
Current Estimated Value
$749,128

Purchase Details

Closed on
Sep 6, 2010
Sold by
Rivas Louis A
Bought by
Rivas Louis A and Rivas Mery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,500
Outstanding Balance
$146,854
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$624,323

Purchase Details

Closed on
Sep 20, 2001
Sold by
Rivas Louis A
Bought by
Rivas Louis A

Purchase Details

Closed on
Apr 6, 2001
Sold by
Rivas Mery Patricia
Bought by
Rivas Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 26, 2001
Sold by
Rivas Albert C and Rivas Augustina M
Bought by
Rivas Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 31, 1995
Sold by
Rivas Albert C and Rivas Agustina
Bought by
Rivas Albert C and Rivas Augustina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Rivas Louis -- None Available
Pathirana Anna M -- None Available
Rivas Louis A -- Ortc
Rivas Louis A -- --
Rivas Louis A -- Lawyers Title Company
Rivas Louis A -- Lawyers Title Company
Rivas Albert C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Louis A $234,500
Closed Rivas Louis A $234,500
Closed Rivas Louis A $147,000
Closed Rivas Louis A $147,000
Previous Owner Rivas Albert C $95,000
Source: Public Records

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 $3,729 $278,601 $187,716 $90,885
2024 $3,729 $273,139 $184,036 $89,103
2023 $3,734 $267,784 $180,428 $87,356
2022 $3,608 $262,535 $176,891 $85,644
2021 $3,484 $257,388 $173,423 $83,965
2019 $1,150 $53,573 $24,592 $28,981
2018 $1,091 $52,523 $24,110 $28,413
2016 $1,028 $50,485 $23,175 $27,310
2015 $983 $49,727 $22,827 $26,900
2014 $984 $48,754 $22,380 $26,374
Source: Public Records

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