NOT LISTED FOR SALE

3147 Cherokee Ave South Gate, CA 90280

Estimated Value: $857,000 - $889,000

4 Beds
3 Baths
1,805 Sq Ft
$485/Sq Ft Est. Value

Last Sold January 04, 2012

Last sale price $294,500 $163 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $5,024/month

65 Days on Market

Highlights

  • Contemporary Architecture
  • Legacy High School Complex Rated A-
  • No Heating

About This Home

As of January 2012

3 Units. 2bd 1 bth, 1bd 1bth, 1bd 1bth. Subject Property is located in a pride of ownership area in close proximity to many neighborhood support facilities (shopping, schools, and transported).

Last Agent to Sell the Property

Ron Edison

Tower Realty & Investments License #00640718 Listed on: 08/31/2011

Last Buyer's Agent

Outside Agent

Multi-Regional MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,352

Year Built

  • Built in 1948

Lot Details

  • 7,721

Parking

  • 3 Parking Spaces

Home Design

  • 1,805 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 7,721 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 368
  • Tax Tract Number 7046
  • Assessor Parcel Number 6207023020

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,352

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6207023020
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Price Per Square Foot: 163.16

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7721.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lot Size Area: 7721.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 664
  • Tax Lot: 368
  • Tax Tract Number: 7046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2011
Closed on
Nov 25, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Napoles Armando and Napoles Marisela
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
Outside Agent
Multi-Regional MLS
List Price
$250,000
Sold Price
$294,500
Premium/Discount to List
$44,500
17.8%
Current Estimated Value
$874,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,167
Avg. Annual Appreciation
8.20%
Original Mortgage
$286,991
Outstanding Balance
$200,178
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$674,489

Purchase Details

Closed on
Apr 1, 2011
Sold by
Paredes Manuel G and Paredes Rosa E
Bought by
Deutsche Bank National Trust Company
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
Napoles Armando $294,500 Ticor Title
Deutsche Bank National Trust Company $264,678 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Napoles Armando $286,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2012 01/04/12 Sold $294,500 +17.8% $163 / Sq Ft
11/04/2011 11/04/11 Pending -- -- --
08/31/2011 08/31/11 For Sale $250,000 -- $139 / 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 $5,352 $369,895 $131,252 $238,643
2024 $5,165 $362,643 $128,679 $233,964
2023 $5,078 $355,533 $126,156 $229,377
2022 $4,851 $348,563 $123,683 $224,880
2021 $4,788 $341,729 $121,258 $220,471
2020 $4,819 $338,226 $120,015 $218,211
2019 $4,641 $331,595 $117,662 $213,933
2018 $4,473 $325,094 $115,355 $209,739
2016 $4,264 $312,473 $110,877 $201,596
2015 $4,195 $307,780 $109,212 $198,568
2014 $4,203 $301,752 $107,073 $194,679
Source: Public Records

Agents Affiliated with this Home

  • Ron Edison

    Seller's Agent in 2012

    Ron Edison

    Tower Realty & Investments

    (310) 614-6501

    16 Total Sales

    Ron Edison
    Section Image

  • O

    Buyer's Agent in 2012

    Outside Agent

    Multi-Regional MLS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1105581

California Regional Multiple Listing Service (CRMLS)

APN: 6207-023-020

California Los Angeles County South Gate 90280

3147 Cherokee Ave, South Gate, CA

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