NOT LISTED FOR SALE

5101 E Washington Blvd Commerce, CA 90040

Estimated Value: $666,000 - $845,000

4 Beds
2 Baths
1,622 Sq Ft
$455/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $420,000 $259 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,505/month

21 Days on Market

Highlights

  • Corner Lot
  • Bungalow
  • Wall Furnace
  • Laundry Room

About This Home

As of November 2018

Welcome to City of Commerce "The Model City." This corner lot Duplex is making its first time debut on the market. Property is to be sold AS IS, this is a perfect owner-user opportunity, investment portfolio, or an easy-to-own income property for any level of investor. Property has separate gas & electric meters, a one of kind cellar, and a driveway that can fit up to 2 compact cars. Commuter friendly with instant access to 710, 5, 10, 60 Freeways. Act now, do not miss out on this opportunity.

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 10/18/2018

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Raj Gudapati

Countrywide Group License #01897788

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,887

Year Built

  • Built in 1939

Lot Details

  • 4,326 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Corners Of The Lot Have Been Marked

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,622 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 551
  • Tax Tract Number 8047
  • Assessor Parcel Number 5244031022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $550
  • Trash Expense $300
  • New Taxes Expense $5,313
  • Operating Expense $6,163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,887

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: CMM1*
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5244031022
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 258.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked
  • Lot Size Sq Ft: 4326.00
  • Lot Size Acres: 0.0993

Multi Family

  • Insurance Expense: 550.00
  • Lot Size Area: 4326.0000 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
  • Rent Control: No
  • Total Expenses: 6162.50

Tax Info

  • New Taxes Expense: 5312.50
  • Tax Census Tract: 5323.02
  • Tax Lot: 551
  • Tax Tract Number: 8047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 7, 2018
Sold by
Martinez Virginia and Martinez Manuel
Bought by
Vip Properties Llc
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Raj Gudapati
Countrywide Group
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Current Estimated Value
$738,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,271
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Jul 12, 2008
Sold by
Lopez Barbara
Bought by
Lopez Barbara and Barbara Lopez Living Trust

Purchase Details

Closed on
May 5, 2008
Sold by
Prouty Irene
Bought by
Prouty Irene and Irene Prouty Living Trust

Purchase Details

Closed on
Feb 27, 2008
Sold by
Martinez Virginia
Bought by
Martinez Virginia and Martinez Manuel

Purchase Details

Closed on
Feb 23, 2008
Sold by
Prouty Irene and Martinez Virginia
Bought by
Prouty Irene and Martinez Virginia

Purchase Details

Closed on
Mar 18, 2002
Sold by
Nieto Herminia L
Bought by
Nieto Herminia Lopez and The Herminia Lopez Nieto Livin
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
Vip Properties Llc $420,000 Wfg National Title Company O
Lopez Barbara -- None Available
Prouty Irene -- None Available
Martinez Virginia -- None Available
Prouty Irene -- None Available
Nieto Herminia Lopez -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $420,000 -1.2% $259 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $425,000 -- $262 / 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 $5,887 $468,512 $290,032 $178,480
2024 $5,887 $459,327 $284,346 $174,981
2023 $5,898 $450,321 $278,771 $171,550
2022 $5,693 $441,492 $273,305 $168,187
2021 $5,495 $432,837 $267,947 $164,890
2020 $5,455 $428,400 $265,200 $163,200
2019 $5,283 $420,000 $260,000 $160,000
2018 $1,063 $57,479 $30,788 $26,691
2016 $997 $55,249 $29,594 $25,655
2015 $953 $54,420 $29,150 $25,270
2014 $952 $53,354 $28,579 $24,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18255041

California Regional Multiple Listing Service (CRMLS)

APN: 5244-031-022