NOT LISTED FOR SALE

4462 Lovett St Commerce, CA 90040

Estimated Value: $729,000 - $911,000

5 Beds
2 Baths
1,824 Sq Ft
$453/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $350,000 $192 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,808/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of February 2012

Move in ready Duplex front unit has 2 bedrooms 1 bath, with new paint inside and out, new kitchen cabinets, granite counter tops, tile floor, new washer and dryer hook ups. Back unit has 3 bedroom 1 bath, granite countertops, tile in kitchen, dinning area and living room. The is a long driveway with plenty of parking and a covered carport. Also each unit is metered seperate for gas and electricity. Live in one rent the other, or rent both no rent control. This is in the ELA Area.

Last Agent to Sell the Property

Mario Acevedo

Acevedo Group License #01714944 Listed on: 11/30/2011

Acevedo Group

Co-Listed By

Michelle Secord

Century 21 Allstars License #01811033

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,774 Sq Ft Lot

Home Design

  • 1,824 Sq Ft Home
  • Contemporary Architecture
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Parking

  • 6 Parking Spaces
  • Carport
  • Parking Available
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2 / 15
  • Tax Tract Number 4301
  • Assessor Parcel Number 5241028002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5241028002
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 191.89

Exterior Features

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

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6774.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6774.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 1048
  • Tax Block: 15
  • Tax Lot: 2
  • Tax Tract Number: 4301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2011
Sold by
Lovett Street Trust
Bought by
Rojas Daniel and Rojas Everardo
Current Estimated Value
$827,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,127
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 2011
Sold by
Molina Marcos A
Bought by
Lovett Street Trust and Premier Money Source Inc

Purchase Details

Closed on
May 14, 2007
Sold by
Molina Marcos A
Bought by
Magallon Eddie

Purchase Details

Closed on
Sep 9, 2002
Sold by
Rivera Laura P and Garcia Aurelio M
Bought by
Molina Marcos A

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
5.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2002
Sold by
Rivera Laura P and Rivera Laura
Bought by
Rivera Laura P and Garcia Aurelio M

Purchase Details

Closed on
Feb 15, 2002
Sold by
Salazar Alma
Bought by
Rivera Laura

Purchase Details

Closed on
May 20, 1996
Sold by
Prieto Jesus R and Prieto Belen J
Bought by
Salazar Alma and Rivera Laura
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rojas Daniel $350,000 First American Title Company
Lovett Street Trust -- Accommodation
Magallon Eddie -- None Available
Molina Marcos A $260,000 Southland Title Corporation
Rivera Laura P -- --
Rivera Laura -- --
Salazar Alma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rojas Daniel $341,127
Previous Owner Molina Marcos A $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2012 02/22/12 Sold $350,000 +6.4% $192 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
11/30/2011 11/30/11 For Sale $329,000 -- $180 / 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 $5,781 $439,606 $326,569 $113,037
2024 $5,781 $430,987 $320,166 $110,821
2023 $5,683 $422,538 $313,889 $108,649
2022 $5,414 $414,254 $307,735 $106,519
2021 $5,346 $406,132 $301,701 $104,431
2020 $5,387 $401,969 $298,608 $103,361
2019 $5,181 $394,088 $292,753 $101,335
2018 $5,016 $386,362 $287,013 $99,349
2016 $4,791 $371,361 $275,869 $95,492
2015 $4,714 $365,784 $271,726 $94,058
2014 $4,717 $358,620 $266,404 $92,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1107164

California Regional Multiple Listing Service (CRMLS)

APN: 5241-028-002