NOT LISTED FOR SALE

5017 Gafford St Commerce, CA 90040

Estimated Value: $706,517 - $770,000

3 Beds
2 Baths
1,220 Sq Ft
$603/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $700,000 $574 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,987/month

28 Days on Market

Highlights

  • Attic
  • No HOA
  • Eat-In Kitchen
  • Bonus Room
  • Neighborhood Views
  • Bathtub

About This Home

As of April 2024

Nice home located in Commerce, boasting three bedrooms and two bathrooms, this home is ideal for families or individuals seeking ample room to spread out. As you approach the residence, you're greeted by a spacious driveway, providing convenient parking for multiple vehicles. The roof, a vital component of any home, was installed three years ago, ensuring peace of mind for the new homeowners. Upon entering, large windows in the living room allow natural light to cascade in, creating a bright and airy atmosphere. The kitchen is well-appointed, with plenty of counter space and cabinets for storage, catering to the needs of aspiring chefs and culinary enthusiasts. Additionally, the attic offers the potential for expansion, with closet space making it suitable for use as an additional bedroom or versatile living space. A one-car garage provides convenient parking and storage options. Outside, the expansive backyard holds endless possibilities, featuring a built-in shed for extra storage and a brick BBQ, perfect for outdoor entertaining and dining al fresco. With its combination of comfort, functionality, and potential, this Commerce property offers an ideal canvas for creating the perfect home.

Last Agent to Sell the Property

Fio Vazquez

Keller Williams Realty Irvine Brokerage Email: fiovazquez29@gmail.com License #02063259 Listed on: 03/06/2024

Keller Williams Realty Irvine

Co-Listed By

Fred Sedighravesh

Keller Williams Realty Irvine Brokerage Email: fiovazquez29@gmail.com License #01423187

Last Buyer's Agent

MATTHEW WONG

EXP REALTY OF CALIFORNIA INC License #02013717

EXP REALTY OF CALIFORNIA INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $879

Year Built

  • Built in 1925

Lot Details

  • 4,252 Sq Ft Lot
  • Fenced
  • Fence is in average condition
  • Back and Front Yard
  • Property is zoned CMR1*

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Carpet
  • Neighborhood Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

  • Bandini Elementary School

Additional Features

  • Accessible Parking
  • Open Patio
  • Urban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 149
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244016014
  • $470 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$879

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Text Fio
  • Other Phone Number: 949-431-3845
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: CMR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5244016014
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1220.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 573.77
  • Room Type: Attic, Bonus Room, Converted Bedroom
  • Bathroom Features: Bathtub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Montebello Unified
  • Elementary School: Bandini
  • Elementary School: Bandini
  • Elementary School #2: BANDIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4252.00
  • Lot Size Acres: 0.0976

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4252.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.02
  • Tax Lot: 149
  • Tax Tract Number: 8047
  • TaxOtherAnnualAssessmentAmount: 470.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 18, 2024
Sold by
Evangelina Tony P and Evangelina Garcia
Bought by
Sanchez Ruben and Vasquez Valerie
Seller's Agent
Fio Vazquez
Keller Williams Realty Irvine
Buyer's Agent
MATTHEW WONG
EXP REALTY OF CALIFORNIA INC
List Price
$699,900
Sold Price
$700,000
Premium/Discount to List
$100
0.01%
Views
79
Current Estimated Value
$735,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,379
Avg. Annual Appreciation
3.48%
Original Mortgage
$629,300
Outstanding Balance
$619,645
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$115,734

Purchase Details

Closed on
Apr 22, 2004
Sold by
Escalera Tony P and Escalera Evangelina G
Bought by
Escalera Tony P
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
Sanchez Ruben $700,000 First American Title Company
Escalera Tony P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Ruben $629,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $700,000 0.0% $574 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $699,900 0.0% $574 / Sq Ft
03/26/2024 03/26/24 Off Market $700,000 -- --
03/06/2024 03/06/24 For Sale $699,900 -- $574 / 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 $879 $714,000 $406,980 $307,020
2024 $879 $42,235 $24,244 $17,991
2023 $875 $41,408 $23,769 $17,639
2022 $848 $40,597 $23,303 $17,294
2021 $820 $39,802 $22,847 $16,955
2019 $795 $38,623 $22,170 $16,453
2018 $718 $37,867 $21,736 $16,131
2016 $670 $36,398 $20,893 $15,505
2015 $641 $35,853 $20,580 $15,273
2014 $640 $35,151 $20,177 $14,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24045413

California Regional Multiple Listing Service (CRMLS)

APN: 5244-016-014