Seller's Agent in 2021
Xio Sandoval
CENTURY 21 REALTY MASTERS
(323) 253-5456
1 in this area
109 Total Sales
624 Gulf Ave Wilmington, CA 90744
Estimated Value: $754,000 - $981,347
5
Beds
3
Baths
2,104
Sq Ft
$407/Sq Ft
Est. Value
Highlights
- New Construction
- Laundry Room
- Turnkey
- Neighborhood Views
- Forced Air Zoned Heating and Cooling System
- Back and Front Yard
About This Home
As of May 20212 ON A LOT **Live Smart...Rent 1 and Live in 1** Opportunity knocks in the heart of Wilmington under $340.00 per square foot AND walking distance to the approved "Wilmington Waterfront Promenade" designed by the distinguished "Sasaki Firm"- Construction on the promenade broke ground in late October 2020 and is expected to be completed by 2023. Move in ready and just a short distance for it all. Front Unit is a functional 2 bedrooms 1 bath featuring a large kitchen with a separate eating area/nook, an adjacent individual laundry area with its own rear exit door to the rear side yard. Rear unit is a legal (with its own address & gas/electric meter) new construction 3 bedroom & 2 bath. Units are detached with individual green yards for summer time family gatherings. The kitchens were carefully designed with customized cabinetry and quartz counter tops, remodeled bathroom w/modern cabinetry and modern tile. This area is quiet, green lawns to your left & right. Commuters enjoy all mayor freeways & public transportation within close proximity. Everywhere you look there are new ventures & growth. Neighboring South Bay Cities: Long Beach, Gardena, Hawthorne, West Athens, Lennox, Lawndale, El Segundo, Redondo Beach! This is the one, perfect for an extended family & or a 1031 exchange buyer! This design choice is invaluable to renters, who appreciate having their own separate living quarters & outdoor space including the convenience of not having to share parking access.
Last Agent to Sell the Property
CENTURY 21 REALTY MASTERS License #01308913 Listed on: 03/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,530
Year Built
- Built in 2020 | New Construction
Lot Details
- 6,207 Sq Ft Lot
- No Common Walls
- Back and Front Yard
Home Design
- Turnkey
Interior Spaces
- 2,104 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Gravel Driveway
Outdoor Features
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Private Water Source
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 2559
- Assessor Parcel Number 7416018012
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Trash Expense $300
- Water Sewer Expense $1,500
- New Taxes Expense $8,937
- Operating Expense $11,737
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 9, 2021
Closed on
May 5, 2021
Sold by
5 Star Discount Homes Llc
Bought by
Zamora Daniel and Rubio Magdalena
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Nathaniel Topete
NEST REAL ESTATE
List Price
$714,900
Sold Price
$800,000
Premium/Discount to List
$85,100
11.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,788
Avg. Annual Appreciation
1.61%
Original Mortgage
$760,000
Outstanding Balance
$691,671
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$164,666
Purchase Details
Listed on
Aug 13, 2019
Closed on
Dec 4, 2019
Sold by
Regan Daniel T and Estate Of Shirley Finch
Bought by
5 Star Discount Homes Llc
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
List Price
$370,000
Sold Price
$375,000
Premium/Discount to List
$5,000
1.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.48%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zamora Daniel | $800,000 | Wfg National Title Company | |
| 5 Star Discount Homes Llc | $375,000 | Clearmark Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zamora Daniel | $760,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $800,000 | +11.9% | $380 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | For Sale | $714,900 | +90.6% | $340 / Sq Ft |
| 12/26/2019 12/26/19 | Sold | $375,000 | +1.4% | $389 / Sq Ft |
| 08/13/2019 08/13/19 | For Sale | $370,000 | -- | $384 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,530 | $865,945 | $595,337 | $270,608 |
| 2024 | $10,530 | $848,966 | $583,664 | $265,302 |
| 2023 | $10,328 | $832,320 | $572,220 | $260,100 |
| 2022 | $9,762 | $816,000 | $561,000 | $255,000 |
| 2021 | $4,697 | $378,885 | $303,108 | $75,777 |
| 2020 | $702 | $45,439 | $22,386 | $23,053 |
| 2019 | $682 | $44,549 | $21,948 | $22,601 |
| 2018 | $634 | $43,676 | $21,518 | $22,158 |
| 2016 | $594 | $41,983 | $20,684 | $21,299 |
| 2015 | $587 | $41,354 | $20,374 | $20,980 |
| 2014 | $598 | $40,545 | $19,975 | $20,570 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Nathaniel Topete
NEST REAL ESTATE
(951) 808-7653
1 in this area
83 Total Sales
-
Seller's Agent in 2019
Paige Charnick
Beach Equities
(562) 597-8413
87 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB21049773
APN: 7416-018-012
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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