NOT LISTED FOR SALE

7023 E Gage Ave Commerce, CA 90040

Estimated Value: $525,000 - $600,097

2 Beds
2.5 Baths
1,101 Sq Ft
$210/mo HOA Fee

Last Sold December 10, 2013

Last sale price $210,000 $191 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $3,429/month

6 Days on Market

Highlights

  • In Ground Pool
  • Eat-In Kitchen
  • Laundry Room
  • 2 Car Attached Garage
  • Cooling Available
  • Central Heating

About This Home

As of December 2013

Beautiful well maintained 2 bedroom 2.5 bath condo in Commerce. Ground level offers a living room with wall mounted hook ups for TV cables over the beautifully decorated fireplace, dining area and a kitchen with the refrigerator included. Upstairs you will find 2 bedoom suites with their full baths and the laundry area. This is a great home for a family start up or and investor looking for rental income. There is a Pool/Spa area for the association to enjoy in the hot summers.

Last Agent to Sell the Property

Alina Hajjar

Fady Hajjar, Broker License #01748112 Listed on: 10/30/2013

Last Buyer's Agent

Jose Rosales

Realty Executives Com. & Res. License #00909730

Realty Executives Com. & Res.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • Two or More Common Walls

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,101 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 43191
  • Assessor Parcel Number 6357010026

Community Details

Overview

  • 18 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6357010026
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1101.00
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 190.74
  • Room Type: All Bedrooms Up
  • Spa Features: Association, In Ground

Exterior Features

  • Pool Features: Community, In Ground
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 210.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 1010.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1010.0000 Square Feet
  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 43191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 12, 2013
Sold by
Zacarias Hugo A
Bought by
Cielo Nancy
Seller's Agent
Alina Hajjar
Fady Hajjar, Broker
Buyer's Agent
Jose Rosales
Realty Executives Com. & Res.
List Price
$210,000
Sold Price
$210,000
Current Estimated Value
$560,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,524
Avg. Annual Appreciation
8.49%
Original Mortgage
$168,000
Outstanding Balance
$124,537
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$435,987

Purchase Details

Closed on
Jan 8, 2010
Sold by
Cyprus Brett M and Cyprus Brett
Bought by
Zacarias Hugo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2009
Sold by
Cyprus Jane Dellen
Bought by
Cyprus Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2009
Sold by
Ruiz Eudoro
Bought by
Cyprus Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Franco Jose
Bought by
Ruiz Eudoro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2001
Sold by
Holder Yolanda J
Bought by
Franco Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,220
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cielo Nancy $210,000 Title 365
Zacarias Hugo A $170,000 Lawyers Title
Cyprus Brett M -- Lawyers Title
Cyprus Brett -- None Available
Ruiz Eudoro $190,000 Southland Title
Franco Jose $126,000 Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cielo Nancy $168,000
Previous Owner Zacarias Hugo A $136,000
Previous Owner Cyprus Brett M $94,000
Previous Owner Ruiz Eudoro $142,400
Previous Owner Franco Jose $122,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2013 12/10/13 Sold $210,000 0.0% $191 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
10/30/2013 10/30/13 For Sale $210,000 -- $191 / 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 $3,383 $269,680 $107,013 $162,667
2024 $3,383 $264,393 $104,915 $159,478
2023 $3,389 $259,209 $102,858 $156,351
2022 $3,269 $254,128 $100,842 $153,286
2021 $3,154 $249,146 $98,865 $150,281
2019 $3,030 $241,759 $95,934 $145,825
2018 $3,110 $237,019 $94,053 $142,966
2016 $2,968 $227,816 $90,401 $137,415
2015 $2,789 $224,395 $89,044 $135,351
2014 $2,756 $220,000 $87,300 $132,700
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Alina Hajjar

    Fady Hajjar, Broker

  • J

    Buyer's Agent in 2013

    Jose Rosales

    Realty Executives

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13221052

California Regional Multiple Listing Service (CRMLS)

APN: 6357-010-026

California Los Angeles County Commerce 90040

7023 E Gage Ave, Commerce, CA

Not Listed for Sale

Condos

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