NOT LISTED FOR SALE

5041 Gafford St Commerce, CA 90040

Commerce Area

Estimated Value: $623,051 - $712,000

2 Beds
1 Bath
924 Sq Ft
$708/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2019

Last sale price $426,700 $462 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,047 / mo

9 Days on Market

Highlights

  • Spanish Architecture
  • Breakfast Area or Nook
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Bay Window
  • Laundry Room

About This Home

As of May 2019

***Fantastic Opportunity! FIRST TIME ON THE MARKET! Property under the ownership of the same family since the 1920's! ***
You will LOVE this darling and charming home situated in the beautiful City of Commerce. Property features a generous living space with a living room, separate dining room, kitchen and breakfast nook, separate indoor laundry area, two bedrooms and one full bath, with a spacious private back yard with lemon tree perfect for the kids and entertaining; the one car garage has been upgraded and there is enough parking for approx. 3 cars on driveway and garage. And if you are tired of the commute, this property is within minutes from DTLA, and very close proximity to the 710 & 5 FWY's, Citadel Outlets shopping center, schools, and local supermarket. As a Commerce Resident you can enjoy the incredible amenities the City offers such as FREE local bus transportation, access to the state of the art Aquatic and Fitness centers. Activities for the kids (sports/dance ect.), and for the entire family summer and winter camps in Lake Arrowhead & field trips throughout the year. Excellent services for Seniors in the state of the art Senior Center with many fun activities & field trips throughout the year, plus everyday lunch for a very low cost & free transportation (round trips) for medical/dental visits and so much more! A GREAT HOME, AT AN AFFORDABLE PRICE! ! DON'T DELAY & CALL ME TODAY FOR A PRIVATE SHOWING!

Last Agent to Sell the Property

Lucy Ramirez

Sunrise Acceptance Corp. License #01186103 Listed on: 03/03/2019

Last Buyer's Agent

Elizabeth Regis

Khorr Realty License #01934093

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 3,984 Sq Ft Lot
  • Block Wall Fence
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned CMR1YY

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Bandini Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 154
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244016020

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

3,984 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: CMR1YY
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5244016020
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 924.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 461.80
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Bay Window(s)

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • Elementary School: Bandini
  • Elementary School #2: BANDIN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 3984.00
  • Lot Size Acres: 0.0915
  • Latitude Manual: 34.00744500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3984.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.02
  • Tax Lot: 154
  • Tax Tract Number: 8047

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2019
Closed on
May 2, 2019
Sold by
Bought by
Seller's Agent
Lucy Ramirez
Sunrise Acceptance Corp.
Buyer's Agent
Elizabeth Regis
Khorr Realty
List Price
$439,000
Sold Price
$426,700
Premium/Discount to List
-$12,300
-2.8%
Current Estimated Value
$654,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,563
Avg. Annual Appreciation
6.12%
Original Mortgage
$341,360
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 3, 2019
Closed on
Mar 14, 2019
Sold by
Bought by
Seller's Agent
Lucy Ramirez
Sunrise Acceptance Corp.
Buyer's Agent
Elizabeth Regis
Khorr Realty
List Price
$439,000
Sold Price
$426,700
Premium/Discount to List
-$12,300
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,360
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 3, 2009
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Western Resources Title Co
$427,000 Western Resources Title Co
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $338,500
Previous Owner $341,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2019 05/06/19 Sold $426,700 -2.8% $462 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $439,000 -- $475 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,906 $475,987 $380,835 $95,152
2024 $5,773 $466,655 $373,368 $93,287
2023 $5,785 $457,506 $366,048 $91,458
2022 $5,579 $448,536 $358,871 $89,665
2021 $5,385 $439,742 $351,835 $87,907
2020 $5,345 $435,234 $348,228 $87,006
2019 $3,606 $123,374 $69,057 $54,317
2018 $1,772 $120,955 $67,703 $53,252
2016 $1,688 $116,260 $65,075 $51,185
2015 $1,593 $114,515 $64,098 $50,417
2014 $1,579 $112,273 $62,843 $49,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19049843

California Regional Multiple Listing Service (CRMLS)

APN: 5244-016-020

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