NOT LISTED FOR SALE

2543 Leo Ave Commerce, CA 90040

Estimated Value: $648,000 - $731,000

2 Beds
1 Bath
812 Sq Ft
$844/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $440,000 $542 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,209/month

15 Days on Market

Highlights

  • Lawn
  • Bathtub
  • Landscaped
  • No HOA
  • Laundry Room
  • Central Air

About This Home

As of February 2018

This house will not last! This 2 bedroom 1 bath cozy home is located in a highly desirable area in the city of Commerce. A completely remodeled home which includes new hardwood flooring beautiful white, kitchen cabinets, marble tile, A/C unit. The home offers a spacious backyard perfect for family get-togethers.

Commerce is one of the most sought-after communities in the area. Residents have many great community programs funded from local taxes which includes activities for kids, teens, and seniors from four libraries, a senior center, a teen center, low cost pre-school, an aquatics center, winter and summer campgrounds, holiday festivities and local parks. Commerce is also one of the few cities in California that provides its residents with free bus service which operates five bus lines within the city.

Last Agent to Sell the Property

Nicolas Romo

Realty Connection Group License #01787685 Listed on: 12/20/2017

Last Buyer's Agent

Nicolas Romo

Realty Connection Group License #01787685 Listed on: 12/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 1944

Lot Details

  • 5,486 Sq Ft Lot
  • Landscaped
  • Front Yard Sprinklers
  • Lawn
  • Property is zoned CMR1YY

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 9962
  • Assessor Parcel Number 6334013020

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,043

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 5625698669
  • Property Attached: No
  • View: No
  • Zoning: CMR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6334013020
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 812.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 541.87
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower, Remodeled

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 5486.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 43
  • Tax Tract Number: 9962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Jan 4, 2018
Sold by
Acosta Ambrosio
Bought by
Loya Steve and Loya Veronica Elaine
Seller's Agent
Nicolas Romo
Realty Connection Group
Buyer's Agent
Nicolas Romo
Realty Connection Group
List Price
$439,950
Sold Price
$440,000
Premium/Discount to List
$50
0.01%
Current Estimated Value
$685,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,171
Avg. Annual Appreciation
5.70%
Original Mortgage
$426,800
Outstanding Balance
$362,292
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$307,735

Purchase Details

Closed on
Jul 28, 2017
Sold by
Medrano Donald
Bought by
Acosta Ambrosio and 1St Class Realty Rei Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2006
Sold by
Medrano Abel S
Bought by
Medrano Abel S and The Abel S Medrano Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.52%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Loya Steve $440,000 Fidelity National Title Comp
Acosta Ambrosio $335,000 None Available
Medrano Abel S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loya Steve $426,800
Previous Owner Acosta Ambrosio $320,000
Previous Owner Medrano Abel S $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $440,000 0.0% $542 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $439,950 +31.3% $542 / Sq Ft
11/23/2017 11/23/17 Sold $335,000 0.0% $413 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $335,000 -- $413 / 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 $6,043 $500,641 $400,514 $100,127
2024 $6,043 $490,825 $392,661 $98,164
2023 $6,054 $481,202 $384,962 $96,240
2022 $5,839 $471,767 $377,414 $94,353
2021 $5,638 $462,517 $370,014 $92,503
2019 $5,414 $448,800 $359,040 $89,760
2018 $4,316 $335,000 $268,000 $67,000
2017 $712 $39,662 $21,520 $18,142
2016 $687 $38,886 $21,099 $17,787
2015 $656 $38,303 $20,783 $17,520
2014 $655 $37,553 $20,376 $17,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17278108

California Regional Multiple Listing Service (CRMLS)

APN: 6334-013-020