NOT LISTED FOR SALE

7028 Watcher St Commerce, CA 90040

Estimated Value: $713,000 - $1,063,000

5 Beds
2 Baths
2,215 Sq Ft
$406/Sq Ft Est. Value

Last Sold October 07, 2014

Last sale price $480,000 $217 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,309/month

4 Days on Market

About This Home

As of October 2014

This home is located at 7028 Watcher St, Commerce, CA 90040 since 18 August 2014 and is currently estimated at $900,035, approximately $406 per square foot. This property was built in 1948. 7028 Watcher St is a home located in Los Angeles County with nearby schools including Suva Elementary School, Suva Intermediate School, and Bell Gardens High.

Last Agent to Sell the Property

Cristina Warfield

Compass License #01823970 Listed on: 08/18/2014

Compass

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,272 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 2,215 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6357-012-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2215
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 216.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Total Parking: 2

Lot Info

  • Assessed Improvement Value: 104040
  • Assessed Land Value: 260100
  • Assessor Parcel Number: 6357-012-010
  • Geocode Override: No
  • Lot Size Area: 8272

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2 on a lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2014
Closed on
Sep 3, 2014
Sold by
Sovereign Ventures Inc
Bought by
Gonzalez Miguel A
Seller's Agent
Cristina Warfield
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$469,000
Sold Price
$480,000
Premium/Discount to List
$11,000
2.35%
Current Estimated Value
$900,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,035
Avg. Annual Appreciation
5.77%
Original Mortgage
$345,000
Outstanding Balance
$263,435
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$636,600

Purchase Details

Closed on
Aug 2, 2010
Sold by
Deloa Jose G and Hernandez Bertha
Bought by
Sovereigh Ventures Inc

Purchase Details

Closed on
Sep 18, 2000
Sold by
Gomez David
Bought by
Ortiz Miryam

Purchase Details

Closed on
Jul 15, 2000
Sold by
Garcia Martiniano and Garcia Maria J
Bought by
Deloa Jose G and Hernandez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,980
Interest Rate
7.98%
Mortgage Type
FHA
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
Gonzalez Miguel A -- Provident Title Company
Sovereigh Ventures Inc -- Accommodation
Ortiz Miryam -- Old Republic Title Company
Deloa Jose G $247,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Miguel A $345,000
Previous Owner Deloa Jose G $244,980
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2014 10/07/14 Sold $480,000 +2.3% $217 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/18/2014 08/18/14 For Sale $469,000 -- $212 / Sq Ft
Source: The MLS

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 $7,115 $564,860 $300,457 $264,403
2024 $7,115 $553,785 $294,566 $259,219
2023 $7,129 $542,928 $288,791 $254,137
2022 $6,884 $532,283 $283,129 $249,154
2021 $6,645 $521,847 $277,578 $244,269
2020 $6,596 $516,497 $274,732 $241,765
2019 $6,390 $506,371 $269,346 $237,025
2018 $6,417 $496,443 $264,065 $232,378
2016 $6,130 $477,167 $253,812 $223,355
2015 $5,756 $470,000 $250,000 $220,000
2014 $4,611 $365,792 $261,280 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-780401

The MLS

APN: 6357-012-010