NOT LISTED FOR SALE

2603 Illinois Ave South Gate, CA 90280

Estimated Value: $690,144 - $746,000

3 Beds
1 Bath
1,317 Sq Ft
$544/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $585,000 $444 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,548/month

71 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property
  • Legacy High School Complex Rated A-
  • Laundry Room
  • 2-minute walk to Stanford Avenue Park

About This Home

As of January 2023

Don't miss out on this 3 Bedroom GEM in South Gate, CA. Low maintenance tile floors throughout. Large living room, separate dining room, Back yard is partly paved offering the new owner low maintenance on traditional yard work and savings on water expenditure. Plenty of parking with a detached 2 car garage as well as a driveway for an additional 2 cars. This home is a great starter home especially for the price it's offered at. As of the date of this listing, this is the best priced home for a 3 bedroom 1 bath in all of South Gate. Bedroom are good sized and spread out evenly throughout the home for added privacy.

Last Agent to Sell the Property

Maria Palacios

Berkshire Hathaway H.S.C.P. License #01378393 Listed on: 10/04/2022

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Micaela Solis

Berkshire Hathaway Home Srvs License #02057893

Berkshire Hathaway Home Srvs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,693

Year Built

  • Built in 1941

Lot Details

  • 5,576 Sq Ft Lot
  • Corner Lot
  • Property is zoned SGR3YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,317 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 5527
  • Assessor Parcel Number 6205003011
  • $585 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,693

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: SGR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6205003011
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1317.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 444.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5576.00
  • Lot Size Acres: 0.1280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5576.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5356.04
  • Tax Lot: 71
  • Tax Tract Number: 5527
  • TaxOtherAnnualAssessmentAmount: 585.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 20, 2022
Sold by
Sanchez Jose and Sanchez Maria G
Bought by
Vazquez Diego and Martinez Mayra A
Seller's Agent
Maria Palacios
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Micaela Solis
Berkshire Hathaway Home Srvs
List Price
$595,000
Sold Price
$585,000
Premium/Discount to List
-$10,000
-1.68%
Views
82
Current Estimated Value
$717,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,036
Avg. Annual Appreciation
7.63%
Original Mortgage
$555,750
Outstanding Balance
$538,313
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$169,392

Purchase Details

Closed on
Jan 10, 2013
Sold by
Moreno Francisca
Bought by
Sanchez Jose and Sanchez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Moreno Francisca
Bought by
Moreno Francisca and Sanchez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Covarubia Jesus
Bought by
Moreno Francisca and Sanchez Jose

Purchase Details

Closed on
Jun 12, 2002
Sold by
Silva Celio R
Bought by
Covarubia Jesus and Gonzalez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,630
Interest Rate
5.62%

Purchase Details

Closed on
Jun 29, 1999
Sold by
Wicks Investments Inc
Bought by
Silva Celio R and Tovar Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,592
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1999
Sold by
Alaska Seaboard Partners Ltd Prtnshp
Bought by
Wicks Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,592
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 1998
Sold by
Lasalle National Bank
Bought by
Alaska Seaboard Partners Ltd Prtnrshp

Purchase Details

Closed on
Nov 25, 1998
Sold by
Diaz Pedro
Bought by
Lasalle Naitonal Bank
Source: Public Records

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
Vazquez Diego $585,000 Orange Coast Title Company
Sanchez Jose -- Old Republic Title Company
Moreno Francisca -- Fidelity National Title Co
Sanchez Jose -- Fidelity National Title Co
Moreno Francisca $395,000 Security Union Title
Covarubia Jesus $180,000 Fidelity National Title
Silva Celio R $160,000 Fidelity National Title Co
Wicks Investments Inc -- Fidelity Title
Wicks Scott A $120,000 American Title Co
Alaska Seaboard Partners Ltd Prtnrshp -- American Title Co
Lasalle Naitonal Bank $500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Diego $555,750
Previous Owner Sanchez Jose $208,000
Previous Owner Sanchez Jose $408,000
Previous Owner Covarubia Jesus $173,630
Previous Owner Silva Celio R $158,592
Previous Owner Wicks Scott A $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $585,000 -1.7% $444 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $595,000 -- $452 / 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 $7,693 $608,633 $486,907 $121,726
2024 $7,693 $596,700 $477,360 $119,340
2023 $5,905 $452,779 $343,726 $109,053
2022 $5,621 $443,902 $336,987 $106,915
2021 $5,554 $435,199 $330,380 $104,819
2019 $5,376 $422,293 $320,582 $101,711
2018 $5,025 $394,000 $300,000 $94,000
2016 $4,545 $357,000 $272,000 $85,000
2015 $4,336 $340,000 $259,000 $81,000
2014 $4,068 $311,000 $237,100 $73,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22215388

California Regional Multiple Listing Service (CRMLS)

APN: 6205-003-011