NOT LISTED FOR SALE

5538 E Village Dr Commerce, CA 90040

Estimated Value: $817,522 - $940,000

4 Beds
3 Baths
1,610 Sq Ft
$540/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $550,000 $342 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,201/month

106 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of November 2018

Location Location Location!!! Beautiful Single Family Residence 4 bedroom 3 bath sits on a large lot with ample room to enjoy. Located in highly desirable Commerce Area. Spacious Bedrooms and Bathrooms with a Smooth and Functional Layout Gives this House a Comfortable and Cozy Feel. This home features a spacious living room with fireplace, complementing dining room, kitchen, and indoor laundry room. Back Yard Features a spacious and inviting area that's perfect for relaxing, entertaining, and enjoying with family and friends. Covered patio, attached 2-car garage, copper plumbing, automatic sprinklers. Pride of ownership with amazing curb appeal nestled in highly desirable Montebello Unified School District. Conveniently close to shops, restaurants, markets, and freeways.

Last Agent to Sell the Property

Victor Flores

PREFERRED REALTY & LENDING License #01781600 Listed on: 06/21/2018

Last Buyer's Agent

Michael Andrew

Americas Real Estate Agents License #01206164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,368

Year Built

  • Built in 1980

Lot Details

  • 5,579 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CMR1*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,610 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Location

  • Suburban Location

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 37889
  • Assessor Parcel Number 6335027028

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,368

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CMR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6335027028
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1610.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 341.61
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • 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, Suburban

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5579.00
  • Lot Size Acres: 0.1281

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5579.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 88
  • Tax Tract Number: 37889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Briones Phillip A and Briones Diane
Bought by
Briones Family Trust and Briones
Current Estimated Value
$868,631

Purchase Details

Listed on
Jun 21, 2018
Closed on
Oct 5, 2018
Sold by
Patel Chandra Mahendra and Chandra Patel Separat M
Bought by
Borgen Carlos Gutierrez and Palacios Grimanesa
Seller's Agent
Victor Flores
PREFERRED REALTY & LENDING
Buyer's Agent
Michael Andrew
Americas Real Estate Agents
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$524,953
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2011
Sold by
Mohan Kiran and Patel Chandra
Bought by
Patel Chandra Mahendra and Chandra Patel Separat M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2011
Sold by
Patel Chandra Mahendra and The Chandra Mahendra Patel Sep
Bought by
Mohan Kiran and Patel Chandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1998
Sold by
Mohan Kiran
Bought by
Patel Chandra Mahendra and The Chandra Mahendra Patel Sep

Purchase Details

Closed on
Sep 16, 1997
Sold by
Patel Chandra
Bought by
Patel Chandra Mahendra and The Mahendrakumar Mohanbhai Pa

Purchase Details

Closed on
Jul 18, 1996
Sold by
Mohan Kiran
Bought by
Patel Chandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.25%
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
Briones Family Trust -- None Listed On Document
Borgen Carlos Gutierrez $545,000 Fidelity National Title
Patel Chandra Mahendra -- Old Republic Title Company
Mohan Kiran -- Old Republic Title Company
Patel Chandra Mahendra -- --
Patel Chandra Mahendra -- --
Patel Chandra Mahendra -- --
Patel Chandra Mahendra -- --
Patel Chandra -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutierrez Borgen Carlos $53,914
Previous Owner Gutierrez Borgen Carlos $11,321
Previous Owner Gutierrez Borgen Carlos $34,215
Previous Owner Borgen Carlos Gutierrez $527,919
Previous Owner Borgen Carlos Gutierrez $524,953
Previous Owner Mohan Kiran $240,000
Previous Owner Patel Chandra $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $550,000 0.0% $342 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/16/2018 09/16/18 For Sale $549,900 0.0% $342 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $549,900 -- $342 / 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 $7,368 $607,951 $423,894 $184,057
2024 $7,368 $596,032 $415,583 $180,449
2023 $7,385 $584,346 $407,435 $176,911
2022 $7,123 $572,890 $399,447 $173,443
2021 $6,873 $561,658 $391,615 $170,043
2020 $6,821 $555,900 $387,600 $168,300
2019 $6,601 $545,000 $380,000 $165,000
2018 $3,501 $269,561 $152,546 $117,015
2016 $3,334 $259,095 $146,623 $112,472
2015 $3,134 $255,204 $144,421 $110,783
2014 $3,095 $250,205 $141,592 $108,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18146601

California Regional Multiple Listing Service (CRMLS)

APN: 6335-027-028