NOT LISTED FOR SALE

7056 E Gage Ave Commerce, CA 90040

Estimated Value: $615,000 - $667,497

3 Beds
3 Baths
1,346 Sq Ft
$240/mo HOA Fee

Last Sold May 10, 2018

Last sale price $380,000 $282 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,202/month

5 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Eat-In Kitchen
  • Neighborhood Views
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2018

Welcome home to this well appointed 3 bedroom, 3 bath beauty in the highly desirable area of Commerce. Secluded and secure this home is perfectly situated in this beautiful gated complex. This home has fresh paint and brand new carpet making it a blank canvas for you to make your own. Features include large bright kitchen with dining area, inviting family room with cozy fireplace, spacious bedrooms and a lush backyard for entertaining. Amenities covered by the HOA, pool, spa, front yard gardener, and trash. The only thing this home is missing is YOU!

Last Agent to Sell the Property

Leticia Sotomayor

KW VISION License #01338174 Listed on: 04/07/2018

KW VISION

Last Buyer's Agent

Justin Quemada

RE/MAX TOP PRODUCERS License #01931174

RE/MAX TOP PRODUCERS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • Back Yard

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Interior Spaces

  • 1,346 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 43191
  • Assessor Parcel Number 6357010023

Community Details

Overview

  • 70 Units
  • Hoag Association, Phone Number (562) 869-1556
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,245

Year Built

Built in 1986

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6357010023
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1346.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 282.32
  • Room Type: All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds, Trash, Dues Paid Monthly, Call for Rules
  • Association Fee: 240.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: HOAG
  • Phone: 562-869-1556
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 1502.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 70
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5340.02
  • Tax Lot: 7
  • Tax Tract Number: 43191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Marji Rula
Bought by
Rula S Marji Living Trust and Marji
Current Estimated Value
$647,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$445,275
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$203,927

Purchase Details

Closed on
Nov 23, 2024
Sold by
Ambriz Rafael and Medrano Astrid
Bought by
Marji Rula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$445,275
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$203,927

Purchase Details

Listed on
Apr 7, 2018
Closed on
May 2, 2018
Sold by
Lomeli Martha
Bought by
Ambriz Rafael and Medrano Astrid
Seller's Agent
Leticia Sotomayor
KW VISION
Buyer's Agent
Justin Quemada
RE/MAX TOP PRODUCERS
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$373,117
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2006
Sold by
Lomeli Martha
Bought by
Lomeli Martha

Purchase Details

Closed on
Oct 13, 1993
Sold by
Lomeli Jorge
Bought by
Lomeli Martha
Source: Public Records

Range of Values:

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Average Value
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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
Rula S Marji Living Trust -- Lawyers Title
Rula S Marji Living Trust -- Lawyers Title
Marji Rula $640,000 Lawyers Title
Marji Rula $640,000 Lawyers Title
Ambriz Rafael $380,000 Corinthian Title Company
Lomeli Martha -- Investors Title Company
Lomeli Martha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marji Rula $448,000
Closed Marji Rula $448,000
Previous Owner Ambriz Rafael $100,000
Previous Owner Rafael Ambriz $369,430
Previous Owner Ambriz Rafael $371,357
Previous Owner Ambriz Rafael $373,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $380,000 +1.3% $282 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/07/2018 04/07/18 For Sale $375,000 -- $279 / 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 $5,245 $640,000 $190,000 $450,000
2024 $5,245 $423,892 $242,846 $181,046
2023 $5,256 $415,582 $238,085 $177,497
2022 $5,069 $407,434 $233,417 $174,017
2021 $4,889 $399,446 $228,841 $170,605
2019 $4,695 $387,600 $222,054 $165,546
2018 $2,305 $174,984 $49,914 $125,070
2016 $2,191 $168,191 $47,977 $120,214
2015 $2,061 $165,666 $47,257 $118,409
2014 $2,038 $162,422 $46,332 $116,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18079234

California Regional Multiple Listing Service (CRMLS)

APN: 6357-010-023