7017 Watcher St Commerce, CA 90040
Estimated Value: $692,000 - $797,617
5
Beds
2
Baths
1,908
Sq Ft
$384/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Accessible Parking
- Tile Flooring
- Laundry Room
About This Home
As of November 2021Two detached units with one car attached garage each. Front unit has four parking spots including garage, Rear unit has two parking spots including garage. Property located in a very unique area, minutes from 5 Fwy, Citadel Outlets, Restaurants, Community Center, Schools, Library, Veterans Memorial Park, 9.4 Miles from Downtown Los Angeles. Immediate neighboring cities, Bell Gardens, Montebello, Pico Rivera and Downey. Property has great potential for owner occupancy or investment purposes. Front Unit 7017 1/2 sits on a raised foundation and Rear Units sits on a slab.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,537
Year Built
- Built in 1963
Lot Details
- 6,137 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Interior Spaces
- 1,908 Sq Ft Home
- Tile Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Additional Features
- Accessible Parking
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities, electricity, gas
- Tax Lot 19
- Tax Tract Number 1
- Assessor Parcel Number 6357013014
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $800
- Trash Expense $210
- Water Sewer Expense $630
- New Taxes Expense $8,125
- Operating Expense $2,640
- Net Operating Income $1,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2019
Closed on
Nov 17, 2021
Sold by
Alfaro Jose R and Alfaro Maria M
Bought by
Mmvmm Properties Llc
Seller's Agent
Fernando Gomez
Downey, Realtors
List Price
$650,000
Sold Price
$565,000
Premium/Discount to List
-$85,000
-13.08%
Total Days on Market
665
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
$167,904
Purchase Details
Closed on
May 19, 2017
Sold by
Alfaro Jose Rodolfo and Alfaro Maria Margoth
Bought by
Alfaro Jose R and Alfaro Marla M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2003
Sold by
Alfaro Jose Rodolfo and Alfaro Maria Margoth
Bought by
Alfaro Jose Rodolfo and Alfaro Maria Margoth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 1996
Sold by
Lemus Luis A and Lemus Araceli
Bought by
Alfaro Jose Rodolfo and Alfaro Maria Margoth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,048
Interest Rate
7.41%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 8, 1996
Sold by
Mor Nily
Bought by
Mor Abraham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,048
Interest Rate
7.41%
Mortgage Type
FHA
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mmvmm Properties Llc | $565,000 | Fidelity Natl Ttl Co Long Be | |
| Alfaro Jose R | -- | Pct | |
| Alfaro Jose Rodolfo | -- | -- | |
| Alfaro Jose Rodolfo | $199,000 | Commonwealth Land Title Co | |
| Mor Abraham | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Alfaro Jose R | $315,000 | |
| Previous Owner | Alfaro Jose Rodolfo | $352,000 | |
| Previous Owner | Alfaro Jose Rodolfo | $55,000 | |
| Previous Owner | Alfaro Jose Rodolfo | $185,000 | |
| Previous Owner | Alfaro Jose Rodolfo | $193,048 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $565,000 | -13.1% | $296 / Sq Ft |
| 10/06/2021 10/06/21 | For Sale | $650,000 | 0.0% | $341 / Sq Ft |
| 10/04/2021 10/04/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $650,000 | +15.0% | $341 / Sq Ft |
| 03/19/2021 03/19/21 | Off Market | $565,000 | -- | -- |
| 03/19/2021 03/19/21 | For Sale | $650,000 | +15.0% | $341 / Sq Ft |
| 01/18/2021 01/18/21 | Off Market | $565,000 | -- | -- |
| 01/07/2021 01/07/21 | For Sale | $650,000 | +15.0% | $341 / Sq Ft |
| 12/31/2020 12/31/20 | Off Market | $565,000 | -- | -- |
| 12/09/2019 12/09/19 | For Sale | $650,000 | -- | $341 / 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 |
|---|---|---|---|---|
| 2024 | $7,537 | $598,230 | $468,180 | $130,050 |
| 2023 | $7,553 | $586,500 | $459,000 | $127,500 |
| 2022 | $7,289 | $575,000 | $450,000 | $125,000 |
| 2021 | $5,450 | $424,403 | $186,815 | $237,588 |
| 2020 | $5,410 | $346,296 | $107,674 | $238,622 |
| 2019 | $4,429 | $339,507 | $105,563 | $233,944 |
| 2018 | $4,445 | $332,851 | $103,494 | $229,357 |
| 2016 | $4,242 | $319,927 | $99,476 | $220,451 |
| 2015 | $3,989 | $315,122 | $97,982 | $217,140 |
| 2014 | $3,945 | $308,950 | $96,063 | $212,887 |
Source: Public Records
Agents Affiliated with this Home
-
Fernando Gomez
F
Seller's Agent in 2021
Fernando Gomez
Downey, Realtors
(562) 746-6873
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW19279048
APN: 6357-013-014
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