NOT LISTED FOR SALE

3363 Michigan Ave South Gate, CA 90280

Estimated Value: $1,033,000 - $1,212,000

7 Beds
4 Baths
2,995 Sq Ft
$375/Sq Ft Est. Value

Last Sold March 30, 2015

Last sale price $595,000 $199 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,900/month

120 Days on Market

About This Home

As of March 2015

3-Separate units in a lot. Front unit has 3-bedrooms, 2-baths, second unit 2-bedrooms, 1-bath and third one 2-bedrooms, 1-bath. Close to schools, shopping stores and public transportation.

Last Agent to Sell the Property

Mary Bonilla

Excellence RE Real Estate, Inc. License #01429874 Listed on: 10/01/2014

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Abel Sicairos

International Real Estate Serv License #01349657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,829

Year Built

  • Built in 1940

Lot Details

  • 9,446 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,995 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 4936
  • Assessor Parcel Number 6208006023

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $65
  • Water Sewer Expense $300
  • New Taxes Expense $5,829
  • Operating Expense $7,294
  • Gross Income $3,835
  • Net Operating Income $42,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,829

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 6208006023
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 198.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 65.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9446.00
  • Lot Size Acres: 0.2170

Multi Family

  • Gross Income: 3835.00
  • Gross Scheduled Income: 46020.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 9446.0000 Square Feet
  • Net Operating Income: 42420.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: Yes
  • Total Expenses: 7294.00

Tax Info

  • New Taxes Expense: 5829.00
  • Tax Lot: 86
  • Tax Tract Number: 4936
  • Tax Annual Amount: 5829.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Maldonado Yovani
Bought by
Maldonado Yovani and Rodriguez Elvia
Current Estimated Value
$1,123,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,385
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 1, 2014
Closed on
Mar 20, 2015
Sold by
Schickel James J
Bought by
Schickel Sandra E
Seller's Agent
Mary Bonilla
Excellence RE Real Estate, Inc.
Buyer's Agent
Abel Sicairos
International Real Estate Serv
List Price
$665,000
Sold Price
$595,000
Premium/Discount to List
-$70,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$584,223
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 1, 2014
Closed on
Mar 19, 2015
Sold by
Rodriguez Elvia
Bought by
Maldonado Yovani
Seller's Agent
Mary Bonilla
Excellence RE Real Estate, Inc.
Buyer's Agent
Abel Sicairos
International Real Estate Serv
List Price
$665,000
Sold Price
$595,000
Premium/Discount to List
-$70,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,223
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 1, 2014
Closed on
Mar 10, 2015
Sold by
Recinos Nestor Boris
Bought by
Recinos Sonia Guadalupe
Seller's Agent
Mary Bonilla
Excellence RE Real Estate, Inc.
Buyer's Agent
Abel Sicairos
International Real Estate Serv
List Price
$665,000
Sold Price
$595,000
Premium/Discount to List
-$70,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,223
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2007
Sold by
Leiva Jose Fidel Armando and Schickel Sandra E
Bought by
Recinos Sonia Guadalupe and Martinez Virginia Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2005
Sold by
Leiva Jose Abel and Leiva Maria Adela
Bought by
Leiva Jose Marcos

Purchase Details

Closed on
Sep 29, 2004
Sold by
Leiva Rene and Leiva Sandra
Bought by
Leiva Rene A and Schickel Sandra E

Purchase Details

Closed on
Dec 13, 2000
Sold by
Leiva Nancy
Bought by
Leiva Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,813
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2000
Sold by
Guevara Eduardo A and Guevara Carmen
Bought by
Leiva Rene and Leiva Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,813
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Maldonado Yovani -- Nextitle A T&E Co
Schickel Sandra E -- Fidelity National Title Co
Maldonado Yovani -- None Available
Recinos Sonia Guadalupe -- Fidelity National Title Co
Leiva Jose Marcos -- Fidelity National Title Co
Martinez Virginia Leticia -- Fidelity National Title Co
Maldonado Yovani $595,000 Fidelity National Title Co
Recinos Sonia Guadalupe -- None Available
Leiva Jose Marcos -- --
Leiva Rene A -- --
Leiva Rene -- Gateway Title Company
Leiva Rene $271,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Yovani $190,000
Open Maldonado Yovani $678,672
Closed Maldonado Yovani $618,385
Closed Maldonado Yovani $584,223
Previous Owner Leiva Rene A $60,000
Previous Owner Leiva Rene $264,248
Previous Owner Leiva Rene $266,813
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2015 03/30/15 Sold $595,000 -10.5% $199 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $665,000 -- $222 / 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 $9,370 $715,093 $480,737 $234,356
2024 $9,370 $701,072 $471,311 $229,761
2023 $9,210 $687,326 $462,070 $225,256
2022 $8,778 $673,850 $453,010 $220,840
2021 $8,668 $660,638 $444,128 $216,510
2020 $8,732 $653,865 $439,575 $214,290
2019 $8,396 $641,045 $430,956 $210,089
2018 $8,181 $628,476 $422,506 $205,970
2016 $7,808 $604,073 $406,100 $197,973
2015 $6,000 $444,000 $270,000 $174,000
2014 $6,111 $444,000 $270,000 $174,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mary Bonilla

    Excellence RE Real Estate, Inc.

    (323) 573-7922

    1 in this area

    11 Total Sales

    Mary Bonilla
    Section Image

  • A

    Buyer's Agent in 2015

    Abel Sicairos

    International Real Estate Serv

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14215660

California Regional Multiple Listing Service (CRMLS)

APN: 6208-006-023

California Los Angeles County South Gate 90280

3363 Michigan Ave, South Gate, CA

This home is located at 3363 Michigan Ave, South Gate, CA 90280 since 01 October 2014 and is currently estimated at $1,123,033, approximately $374 per square foot. This property was built in 1940. 3363 Michigan Ave is a home located in Los Angeles County with nearby schools including Madison Elementary School, Southeast Middle School, and South Gate Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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