NOT LISTED FOR SALE

5541 E Village Dr Commerce, CA 90040

Estimated Value: $808,822 - $880,000

4 Beds
3 Baths
1,528 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $530,000 $347 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,106/month

37 Days on Market

Highlights

  • Granite Countertops
  • Eat-In Kitchen
  • Laundry Room
  • No HOA
  • Recessed Lighting
  • Central Heating and Cooling System

About This Home

As of March 2018

Fantastic Village Home!!
Well maintained 4 bedroom, 3 bath home 1,528 sq ft on a large lot. Beautiful hardwood floors set on a diagonal throughout the entry and family room. Spacious family room with fireplace with updated mantle. Kitchen has a nice neutral beige floor tile and over-sized custom pantry. Staircase is all hardwood flooring with hardwood pickets and handrail continuing upstairs through the hallway. All bedrooms are located upstairs with neutral beige carpet. Bathroom has been remodeled and upgraded with stained maple vanity and granite counter tops. Large windows in the family room give you a nice view of the the spacious, well laid out backyard. Lots of space to entertain even for the largest family gatherings. Concrete walkways with brick border lead to several areas- seating area under a large patio cover with an outdoor fireplace, large palapa covering an island with a BBQ, refrigerator, radio, individual cooktop. Backyard is completely landscaped to be a tropical oasis with large palm trees and lush plants. Block walls on all sides. All major systems have been updated: new roof, HVAC system, water heater, new vinyl low- E windows and new doors.

Last Agent to Sell the Property

Richard Reyes

24 Hour Real Estate License #01230262 Listed on: 08/18/2017

Last Buyer's Agent

Jose M. Rosales

Realty Executives Com. & Res. License #00909730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,283

Year Built

  • Built in 1980

Lot Details

  • 5,868 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CMR1*

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Turnkey
  • Partial Copper Plumbing

Interior Spaces

  • 1,528 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6520
  • Tax Tract Number 37889
  • Assessor Parcel Number 6335026012

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,283

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CMR1*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6335026012
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1528.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 346.86
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5868.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.03
  • Tax Lot: 6520
  • Tax Tract Number: 37889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Feb 22, 2018
Sold by
Hernandez Rafael
Bought by
Arellano Jorge and Arellano Lizette
Seller's Agent
Richard Reyes
24 Hour Real Estate
Buyer's Agent
Jose M. Rosales
Realty Executives Com. & Res.
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Current Estimated Value
$821,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,724
Avg. Annual Appreciation
6.47%
Original Mortgage
$484,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1993
Sold by
Martinez Jimmy J
Bought by
Martinez Jimmy J and Martinez Martha G
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
Arellano Jorge $530,000 Old Republic Title Company
Martinez Jimmy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arellano Jorge $462,500
Closed Arellano Jorge $471,100
Closed Arellano Jorge $484,500
Previous Owner Hernandez Rafael $416,887
Previous Owner Martinez Jimmy J $165,000
Previous Owner Martinez Jimmy J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $530,000 0.0% $347 / Sq Ft
09/24/2017 09/24/17 Pending -- -- --
09/21/2017 09/21/17 Off Market $530,000 -- --
08/18/2017 08/18/17 For Sale $525,000 +23.5% $344 / Sq Ft
11/24/2014 11/24/14 Sold $425,000 -3.2% $278 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $439,000 -- $287 / 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 $7,283 $603,042 $415,532 $187,510
2024 $7,283 $591,219 $407,385 $183,834
2023 $7,299 $579,628 $399,398 $180,230
2022 $7,039 $568,264 $391,567 $176,697
2021 $6,792 $557,123 $383,890 $173,233
2019 $6,522 $540,600 $372,504 $168,096
2018 $5,714 $448,911 $279,276 $169,635
2016 $5,461 $431,481 $268,432 $163,049
2015 $5,124 $425,000 $264,400 $160,600
2014 $1,991 $152,724 $64,405 $88,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17192187

California Regional Multiple Listing Service (CRMLS)

APN: 6335-026-012