NOT LISTED FOR SALE

4470 Tuttle St Commerce, CA 90040

Estimated Value: $699,714 - $839,000

4 Beds
2 Baths
1,462 Sq Ft
$539/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $450,000 $308 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,833/month

26 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Paved or Partially Paved Lot
  • Wall Furnace
  • James A. Garfield Senior High School Rated A

About This Home

As of January 2017

2 detached units on a lot. Front home is a legal 3 bedroom 1 bath unit, 1 of the bedrooms has been opened to be a dining/family room. Large living room and bath. Rear unit is a 1 bedroom, 1 bath with a kitchen, living room home. Both have front/rear entries. There is a detached 2 car carport. Carport is partially enclosed, 3 walls. Atop is a fenced observation deck. Property enjoys plenty of parking as driveway extends from the street to the rear of lot.

Last Agent to Sell the Property

ANTHONY MORONES

COLDWELL BANKER LEADERS License #01197623 Listed on: 11/16/2016

COLDWELL BANKER LEADERS

Co-Listed By

GEORGINA ROBLES

The Realyst Group License #01224908

Last Buyer's Agent

Liberty Gutierrez

Reliance Real Estate Services License #01941871

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,573

Year Built

  • Built in 1924

Lot Details

  • 3,979 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • 1,462 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 4
  • Tax Tract Number 4301
  • Assessor Parcel Number 5241014005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Insurance Expense $881
  • Trash Expense $500
  • Water Sewer Expense $600
  • New Taxes Expense $5,750
  • Gross Income $21,000
  • Net Operating Income $6,231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,573

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Co-listing agen
  • Other Phone Number: 323 816-1095
  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Zoning: CMR3*
  • Property Type: Residential Income
  • Parcel Number: 5241014005
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 307.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 3979.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 881.00
  • Net Operating Income: 6231.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8331.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5750.00
  • Tax Census Tract: 5323.02
  • Tax Lot: 4
  • Tax Tract Number: 4301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 21, 2016
Sold by
Deleon Anthony
Bought by
Ponce Lorraine
Seller's Agent
ANTHONY MORONES
COLDWELL BANKER LEADERS
Buyer's Agent
Liberty Gutierrez
Reliance Real Estate Services
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%
Current Estimated Value
$787,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,929
Avg. Annual Appreciation
6.40%
Original Mortgage
$412,087
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2010
Sold by
Deleon Tony and De Leon Helen
Bought by
Deleon Anthony A

Purchase Details

Closed on
May 15, 2004
Sold by
Deleon Tony and Deleon Helen A
Bought by
Deleon Tony and Deleon Helen A
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
Ponce Lorraine $450,000 Netco Title Company
Deleon Anthony -- Netco Title Company
Deleon Anthony A -- None Available
Deleon Tony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponce Lorraine $413,504
Previous Owner Ponce Lorraine $412,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2017 01/12/17 Sold $450,000 -2.2% $308 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $460,000 -- $315 / 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 $6,573 $522,256 $235,596 $286,660
2024 $6,573 $512,017 $230,977 $281,040
2023 $6,457 $501,979 $226,449 $275,530
2022 $6,142 $492,137 $222,009 $270,128
2021 $6,068 $482,488 $217,656 $264,832
2020 $6,116 $477,542 $215,425 $262,117
2019 $5,874 $468,179 $211,201 $256,978
2018 $5,753 $459,000 $207,060 $251,940
2016 $922 $43,228 $13,849 $29,379
2015 $908 $42,579 $13,641 $28,938
2014 $916 $41,746 $13,374 $28,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16749125

California Regional Multiple Listing Service (CRMLS)

APN: 5241-014-005