NOT LISTED FOR SALE

4561 Leonis St Commerce, CA 90040

Estimated Value: $663,000 - $835,000

4 Beds
2 Baths
1,166 Sq Ft
$632/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $335,000 $287 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,303/month

53 Days on Market

About This Home

As of May 2014

Both units have been complete rehabbed and are very nicely done. All new floors throughout, laminate in the living space, ceramic tile bathrooms, carpet in the bedrooms. Both units have brand new stainless steel range and microwave oven and both units have newer windows. Quiet neighborhood with easy access to transportation and major freeways. Easy to show.

Last Agent to Sell the Property

Cristina Warfield

Compass License #01823970 Listed on: 02/10/2014

Compass

Last Buyer's Agent

Johanna Aragon

License #01838884

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,337

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,337 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5243-024-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1166
  • Stories: 1
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Range/Oven
  • Price Per S Q F T: 282.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 56826
  • Assessed Land Value: 133050
  • Assessor Parcel Number: 5243-024-013
  • Geocode Override: No
  • Lot Size Area: 5337

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Two on a lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2015
Sold by
Arellano Cirilo and Chavira Christina
Bought by
Arellano Cirilo and Chavira Chrstina
Current Estimated Value
$736,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,897
Outstanding Balance
$248,563
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$488,376

Purchase Details

Listed on
Feb 10, 2014
Closed on
Apr 10, 2014
Sold by
Sovereign Ventures Inc
Bought by
Arellano Cirilo and Chavira Christina
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Johanna Aragon
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$323,819
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2012
Sold by
Villanueva Raul
Bought by
Sovereign Ventures Inc

Purchase Details

Closed on
Aug 27, 1998
Sold by
Villanueva Elisa
Bought by
Villanueva Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1994
Sold by
Villanueva Elisa
Bought by
Villanueva Raul

Purchase Details

Closed on
Sep 14, 1993
Sold by
Reyes Mary
Bought by
Villanueve Raul and Silva Teodoro
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
Arellano Cirilo -- Title 365
Arellano Cirilo $335,000 Provident Title Company
Sovereign Ventures Inc -- Provident Title Company
Villanueva Raul -- First American Title Co
Villanueva Raul -- First American Title Co
Villanueva Raul -- Stewart Title
Villanueve Raul $72,000 Stewart Title
Villanueve Raul $72,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Cirilo $324,897
Closed Arellano Cirilo $323,819
Previous Owner Villanueva Raul $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $335,000 +1.8% $287 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $329,000 -- $282 / Sq Ft
Source: The MLS

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 $5,156 $410,650 $245,166 $165,484
2024 $5,156 $402,599 $240,359 $162,240
2023 $5,165 $394,706 $235,647 $159,059
2022 $4,985 $386,968 $231,027 $155,941
2021 $4,813 $379,382 $226,498 $152,884
2020 $4,778 $375,493 $224,176 $151,317
2019 $4,626 $368,131 $219,781 $148,350
2018 $4,731 $360,914 $215,472 $145,442
2016 $4,525 $346,902 $207,106 $139,796
2015 $4,252 $341,693 $203,996 $137,697
2014 $2,240 $161,529 $140,635 $20,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-736633

The MLS

APN: 5243-024-013