NOT LISTED FOR SALE

3712 Ardmore Ave South Gate, CA 90280

Estimated Value: $852,000 - $942,000

1 Bed
1 Bath
2,045 Sq Ft
$435/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $350,000 $171 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $5,172/month

49 Days on Market

About This Home

As of August 2014

Great opportunity for your firs time home buyer or your investor. This property offers 3 bedrooms and 3 baths. Each Units has 1 bedroom/1 bath. Two units on second floor and one unit on the bottom.

Last Agent to Sell the Property

Elmer Salguero

Amer Ex Realty Inc. License #01495243 Listed on: 05/12/2014

Last Buyer's Agent

Saul Miranda

Amer Ex Realty Inc. License #01432460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,201

Year Built

  • Built in 1958

Lot Details

  • 3,157 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,045 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 217
  • Tax Tract Number 3722
  • Assessor Parcel Number 6210013026

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,160
  • Pest Control $900
  • Trash Expense $900
  • Water Sewer Expense $1,260
  • New Taxes Expense $3,750
  • Operating Expense $9,870
  • Gross Income $2,400
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,201

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1260.00
  • Property Type: Residential Income
  • Parcel Number: 6210013026
  • Year Built: 1958
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 171.15

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Pest Control Expense: 900.00
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3157.00
  • Lot Size Acres: 0.0720

Multi Family

  • Gross Income: 2400.00
  • Gross Operating Income: 27360.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 2160.00
  • Lot Size Area: 3157.0000 Square Feet
  • Net Operating Income: 25200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2160.00
  • Rent Control: No
  • Total Expenses: 9870.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 3750.00
  • Taxes Percent: 1.25
  • Tax Lot: 217
  • Tax Tract Number: 3722
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Corea Cristina D
Bought by
Corea Cristina D and The Revocable Trust Of Cristin
Current Estimated Value
$889,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,300
Outstanding Balance
$396,370
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$492,963

Purchase Details

Closed on
Apr 3, 2018
Sold by
Corea Cristina Desiree
Bought by
Corea Cristina D and The Revocable Trust Of Cristin

Purchase Details

Closed on
Jun 10, 2015
Sold by
Corea Cristina D
Bought by
Corea Cristina Desiree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2014
Closed on
Aug 8, 2014
Sold by
Zepeda Oscar A and Arias Zepeda Gloria E
Bought by
Corea Cristina D
Seller's Agent
Elmer Salguero
Amer Ex Realty Inc.
Buyer's Agent
Saul Miranda
Amer Ex Realty Inc.
List Price
$299,000
Sold Price
$350,000
Premium/Discount to List
$51,000
17.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$280,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2014
Sold by
Zepeda Gloria E Arias
Bought by
Sanchez Raymond and Zepeda Gloria Arias

Purchase Details

Closed on
Aug 30, 2008
Sold by
Zepeda Oscar and Zepeda Gloria E Arias
Bought by
Zepeda Gloria E Arias

Purchase Details

Closed on
Jul 22, 2003
Sold by
Winter Stanley and Doerr Jessie
Bought by
Zepeda Oscar and Zepeda Gloria E Arias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,747
Interest Rate
6.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1998
Sold by
Espinoza Luisa M
Bought by
Doerr Jessie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,600
Interest Rate
6.78%
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
Corea Cristina D -- Western Resources Title
Cores Cristina D -- Western Resources Title
Corea Cristina D -- None Available
Corea Cristina Desiree -- Pacific Coast Title Company
Corea Cristina D $350,000 First American Title
Zepeda Oscar A -- First American Title
Sanchez Raymond -- Multiple
Zepeda Gloria E Arias -- None Available
Zepeda Oscar $340,000 Lawyers Title Company
Doerr Jessie $179,500 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cores Cristina D $447,300
Closed Corea Cristina Desiree $330,000
Closed Corea Cristina D $280,000
Previous Owner Zepeda Oscar $334,747
Previous Owner Doerr Jessie $143,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $350,000 +17.1% $171 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $299,000 -- $146 / 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 $6,201 $461,501 $240,367 $221,134
2024 $6,201 $452,453 $235,654 $216,799
2023 $6,096 $443,583 $231,034 $212,549
2022 $5,811 $434,886 $226,504 $208,382
2021 $5,737 $426,360 $222,063 $204,297
2020 $5,779 $421,990 $219,787 $202,203
2019 $5,557 $413,717 $215,478 $198,239
2018 $5,470 $405,605 $211,253 $194,352
2016 $5,219 $389,856 $203,050 $186,806
2015 $5,135 $384,000 $200,000 $184,000
2014 -- $394,337 $150,776 $243,561
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Elmer Salguero

    Amer Ex Realty Inc.

    Section Image

  • S

    Buyer's Agent in 2014

    Saul Miranda

    Amer Ex Realty Inc.

    (562) 753-1584

    51 Total Sales

    Saul Miranda
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14065102

California Regional Multiple Listing Service (CRMLS)

APN: 6210-013-026

California Los Angeles County South Gate 90280

3712 Ardmore Ave, South Gate, CA

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