NOT LISTED FOR SALE

7001 Lanto St Commerce, CA 90040

Estimated Value: $356,405 - $462,000

1 Bed
1 Bath
662 Sq Ft
$130/mo HOA Fee

Last Sold May 25, 2012

Last sale price $97,000 $147 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $2,439/month

Highlights

  • All Bedrooms Downstairs
  • Formal Dining Room
  • Laundry Room
  • 0.44 Acre Lot
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2012

Unique one bedroom condo. Unit is single story with a one car garage. Minor fix-ups will be needed such as paint and clean-up. There is a washer and dryer area right inside the unit. Spacious one bedroom and high vaulted ceiling in the living room. There is a private yard in the back. Property is close to freeways. There are only 7 units in the complex. All units are single story.

Last Agent to Sell the Property

Carmen King

Allison James Estates & Homes License #01084912 Listed on: 03/28/2012

Allison James Estates & Homes

Last Buyer's Agent

Carmen King

Allison James Estates & Homes License #01084912 Listed on: 03/28/2012

Allison James Estates & Homes

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 0.44

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Cosmetic Repairs Needed

Interior Spaces

  • 662 Sq Ft Home
  • Formal Dining Room
  • Carpet
  • Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5323
  • Assessor Parcel Number 6357012031

Community Details

Overview

  • 7 Units
  • Lanto Senior Citizen Homeowners Association, Phone Number (562) 928-2256

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$130 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6357012031
  • Year Built: 1986
  • Special Features: 12

Interior Features

  • Fireplace: No
  • Living Area: 662.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Separated
  • Levels: One
  • Price Per Square Foot: 146.53
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Cooktop
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 130.00
  • Association Fee Frequency: Monthly
  • Association Name: Lanto Senior Citizen Homeowners Association
  • Phone: 562-928-2256
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 19147.00
  • Lot Size Acres: 0.4400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19147.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 7

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5323.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2023
Sold by
Lamas Eduardo and Lamas Martha K
Bought by
Lamas Living Trust and Lamas
Current Estimated Value
$413,101

Purchase Details

Closed on
Sep 18, 2015
Sold by
Lamas Eduardo
Bought by
Lamas Eduardo and Alvarez Martha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 10, 2012
Sold by
Alvarez Martha K
Bought by
Lamas Eduardo
Seller's Agent
Carmen King
Allison James Estates & Homes
Buyer's Agent
Carmen King
Allison James Estates & Homes
Sold Price
$97,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$72,750
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2006
Sold by
Gonzalez Maria
Bought by
Rivera Hermes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Marroquin Arnoldo P and Marroquin Maria Teresa
Bought by
Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lamas Living Trust -- None Listed On Document
Lamas Eduardo -- Lawyers Title La
Lamas Eduardo -- Chicago Title Company
Lamas Eduardo $97,000 Chicago Title Company
Rivera Hermes $265,000 First American Title Co
Gonzalez Maria $140,000 Commerce Title
Gonzalez Maria $140,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamas Eduardo $112,500
Previous Owner Lamas Eduardo $72,750
Previous Owner Rivera Hermes $212,000
Previous Owner Gonzalez Maria $112,000
Closed Gonzalez Maria $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $97,000 -- $147 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
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 $1,730 $121,828 $48,982 $72,846
2024 $1,730 $119,440 $48,022 $71,418
2023 $1,731 $117,099 $47,081 $70,018
2022 $1,672 $114,804 $46,158 $68,646
2021 $1,618 $112,553 $45,253 $67,300
2019 $1,559 $109,215 $43,911 $65,304
2018 $1,554 $107,074 $43,050 $64,024
2016 $1,482 $102,918 $41,379 $61,539
2015 $1,399 $101,373 $40,758 $60,615
2014 $1,387 $99,388 $39,960 $59,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F11160800

California Regional Multiple Listing Service (CRMLS)

APN: 6357-012-031