NOT LISTED FOR SALE

5541 E Mission Way Commerce, CA 90040

Estimated Value: $822,638 - $889,000

4 Beds
3 Baths
1,873 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $505,000 $270 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,211/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • Central Heating
  • Modern Architecture
  • Attached Garage
  • 4-minute walk to Rosewood Park

About This Home

As of June 2017

LA getting way too pricey? Welcome to the City of Commerce, a 15 min drive from Downtown LA! This four bed, three bath, two-story home is located in the highly sought-after neighborhood of "Commerce Village." Outside you'll see a manicured lawn and sky-reaching palms, giving you true California curb-appeal. As you walk inside, discover a living room with vaulted ceilings and plenty of natural light. In case it ever gets "chilly," enjoy the toasty warmth from the fireplace. Central air / heating is also available. Prepare a fresh meal in the spacious kitchen, and watch your favorite program in the large family room. Having friends over? Lead them past the sliding door and into the rear patio. While you're there, enjoy some fresh guava and persimmon fruit, right off the tree! After a long day, relax and have a good-nights sleep in the master bedroom. Home is centrally located to schools, shopping and entertainment centers, freeways, places of worship, and much more!

Last Agent to Sell the Property

Steven Pasillas

Keller Williams Larchmont License #01887464 Listed on: 04/25/2017

Keller Williams Larchmont

Last Buyer's Agent

Seyed Noori

Mountain House Real Estate Grp License #01870841

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,037

Year Built

  • Built in 1981

Lot Details

  • 4,581 Sq Ft Lot
  • Property is zoned CMR1*

Home Design

  • Modern Architecture

Interior Spaces

  • 1,873 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Laundry in Garage

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6335-027-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,037

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: LA getting way too pricey? Welcome to the City of Commerce, a 15 min drive from Downtown LA! This four bed, three bath, two-story home is located in the highly sought-after neighborhood of "Commerce Village." Outside you'll see a manicured lawn and sky-reaching palms, giving you true California curb-appeal. As you walk inside, discover a living room with vaulted ceilings and plenty of natural light. In case it ever gets "chilly," enjoy the toasty warmth from the fireplace. Central air / heating is also available. Prepare a fresh meal in the spacious kitchen, and watch your favorite program in the large family room. Having friends over? Lead them past the sliding door and into the rear patio. While you're there, enjoy some fresh guava and persimmon fruit, right off the tree! After a long day, relax and have a good-nights sleep in the master bedroom. Home is centrally located to schools, shopping and entertainment centers, freeways, places of worship, and much more!
  • Living Area: 1873
  • Stories: 2
  • Year Built: 1981
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 261.61

Exterior Features

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

Garage/Parking

  • Parking Garage: Attached, Driveway, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, On street

Utilities

  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6335-027-047
  • Geocode Override: No
  • Lot Size Area: 4581

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
May 19, 2017
Sold by
Ruvalcaba Lyz Lyeanette and The Ruvalcaba Family Trust
Bought by
Palacios Derek J and Palacios Christine M
Seller's Agent
Steven Pasillas
Keller Williams Larchmont
Buyer's Agent
Seyed Noori
Mountain House Real Estate Grp
List Price
$490,000
Sold Price
$505,000
Premium/Discount to List
$15,000
3.06%
Current Estimated Value
$848,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,910
Avg. Annual Appreciation
6.30%
Original Mortgage
$404,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Ruvalcaba Ramon and Ramon Ruvalcaba Family Trust
Bought by
Ruvalcaba Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Ruvalcaba Ramon
Bought by
Ruvalcaba Ramon and Ramon Ruvalcaba Family Trust

Purchase Details

Closed on
Dec 5, 2005
Sold by
Montes Bertha A
Bought by
Ruvalcaba Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2001
Sold by
Kang Hwan Hung and Kang Young Sook
Bought by
Ruvalcaba Jose Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,420
Interest Rate
6.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Palacios Derek J $505,000 Lawyers Title
Ruvalcaba Ramon -- Nations Title Company Of Ca
Ruvalcaba Ramon -- None Available
Ruvalcaba Ramon -- Lawyers Title
Ruvalcaba Ramon -- Lawyers Title
Ruvalcaba Jose Dejesus $250,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Derek J $387,000
Closed Palacios Derek J $30,000
Closed Palacios Derek J $404,000
Previous Owner Ruvalcaba Ramon $175,000
Previous Owner Ruvalcaba Ramon $100,000
Previous Owner Ruvalcaba Ramon $168,000
Previous Owner Ruvalcaba Jose Dejesus $230,416
Previous Owner Ruvalcaba Jose Dejesus $231,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $505,000 +3.1% $270 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $490,000 -- $262 / 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 $7,037 $586,088 $371,616 $214,472
2024 $7,037 $574,597 $364,330 $210,267
2023 $7,051 $563,332 $357,187 $206,145
2022 $6,799 $552,287 $350,184 $202,103
2021 $6,557 $541,459 $343,318 $198,141
2019 $6,295 $525,401 $333,136 $192,265
2018 $6,432 $515,100 $326,604 $188,496
2016 $5,808 $459,908 $304,575 $155,333
2015 $5,302 $447,000 $319,000 $128,000
2014 $4,605 $383,000 $273,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 17-224682

The MLS

APN: 6335-027-047