NOT LISTED FOR SALE

2553 Gaspar Ave Commerce, CA 90040

Estimated Value: $667,000 - $752,000

3 Beds
2 Baths
1,074 Sq Ft
$673/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $475,000 $442 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,306/month

21 Days on Market

Highlights

  • Property is near park and public transit
  • Private Yard
  • Neighborhood Views
  • Corner Lot
  • No HOA
  • Community Pool

About This Home

As of May 2019

This City of Commerce property is ready for you to make it yours! A 3 Bd/2 Bth home with tons of character located in a highly desirable area of Commerce. Featuring an open concept living room, dining room, and kitchen area and a spacious backyard that is an inviting area to relax, entertain, and enjoy with family/friends along with a covered patio and outdoor fire grill that is perfect for family gatherings. The detached two car garage with added space for two cars in front, is perfect for a large family with multiple vehicles. Enjoy all the amenities the City of Commerce offers to its residents including public libraries, state of the art aquatic center, low cost pre-school, state of the art senior citizen center with extensive services, and free local bus transportation. Local parks offer recreational activities for kids and teens including winter and summer camps, fitness centers, racquet ball courts, and holiday festivities among other events. This home is within walking distance of Rosewood Park, Rosewood Park Elementary School, Rosewood Park Neighborhood Library, and City Hall. Only minutes away from Citadel Outlets Shopping Center, Steven's Steakhouse, many other restaurants, and convenient access to the 5 & 710 freeways. Come give this home your special touch to make it your own and turn it into the house of your dreams.

Last Agent to Sell the Property

Marco Otero

Century 21 A Better Service License #01952996 Listed on: 04/01/2019

Century 21 A Better Service

Last Buyer's Agent

Candrus Franklin

Coldwell Banker Envision License #01714323

Coldwell Banker Envision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 5,889 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Property is zoned CMR1YY

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,074 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near park and public transit
  • Suburban Location

Schools

  • Rosewood Elementary School

Listing and Financial Details

  • Tax Lot 120
  • Tax Tract Number 10556
  • Assessor Parcel Number 6334009011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool
  • Park
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: CMR1YY
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6334009011
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1074.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 442.27
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio Open
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Rosewood
  • Elementary School #2: ROSEWO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Lawn, Near Public Transit, Park Nearby, Paved, Walkstreet, Yard
  • Lot Size Sq Ft: 5889.00
  • Lot Size Acres: 0.1352

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5889.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 120
  • Tax Tract Number: 10556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 25, 2019
Sold by
Sermeno John Martinez
Bought by
Salazar Medina Jose Angel and Salazar Medina Judy
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Candrus Franklin
Coldwell Banker Envision
List Price
$499,999
Sold Price
$475,000
Premium/Discount to List
-$24,999
-5%
Current Estimated Value
$722,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,783
Avg. Annual Appreciation
6.55%
Original Mortgage
$451,250
Outstanding Balance
$395,107
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,676

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 12, 2019
Sold by
Sermeno Jorn Martinez and Dillard Carmen Lupe
Bought by
Sermeno Jorn Martinez
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Candrus Franklin
Coldwell Banker Envision
List Price
$499,999
Sold Price
$475,000
Premium/Discount to List
-$24,999
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Outstanding Balance
$395,107
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,676

Purchase Details

Closed on
Mar 21, 2019
Sold by
Sermeno John Martinez and Sermeno John
Bought by
Sermeno John Martinez and Dillard Carmen Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,250
Outstanding Balance
$395,107
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,676

Purchase Details

Closed on
Jun 3, 2003
Sold by
Vargas Ruben R and Vargas Yolanda
Bought by
Sermeno John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
Vargas Yolanda
Bought by
Hernandez Agustin

Purchase Details

Closed on
Dec 4, 2001
Sold by
Vargas Yolanda and Villalpando Arturo
Bought by
Vargas Ruben R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salazar Medina Jose Angel $475,000 Orange Coast Title
Sermeno Jorn Martinez -- None Available
Sermeno John Martinez -- None Available
Sermeno John $274,500 Orange Coast Title Co
Hernandez Agustin -- American Title Co
Vargas Ruben R -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Medina Jose Angel $451,250
Previous Owner Sermeno John $219,600
Previous Owner Vargas Ruben R $137,000
Closed Sermeno John $54,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2019 05/23/19 Sold $475,000 -5.0% $442 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $499,999 -- $466 / 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 $6,354 $529,866 $423,894 $105,972
2024 $6,354 $519,478 $415,583 $103,895
2023 $6,366 $509,293 $407,435 $101,858
2022 $6,138 $499,308 $399,447 $99,861
2021 $5,924 $489,518 $391,615 $97,903
2020 $5,879 $484,500 $387,600 $96,900
2019 $1,488 $349,853 $234,512 $115,341
2018 $4,345 $342,994 $229,914 $113,080
2016 $4,151 $329,677 $220,987 $108,690
2015 $3,896 $324,726 $217,668 $107,058
2014 $3,807 $315,000 $211,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19076426

California Regional Multiple Listing Service (CRMLS)

APN: 6334-009-011