NOT LISTED FOR SALE

7117 E Gage Ave Commerce, CA 90040

Estimated Value: $583,000 - $870,000

2 Beds
1 Bath
1,288 Sq Ft
$559/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $290,000 $225 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,193/month

23 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Wall Furnace
  • Bungalow
  • Wrought Iron Fence
  • 4-minute walk to Veterans Memorial Park

About This Home

As of May 2013

This is a Chase property, This is a great duplex for first time buyers, you can live in one and rent the other, front unit is a 1 bedroom 1 bath and a bonus room with tile floors through out, nice kitchen with wood cabinets. Rear unit is a 2 bedrooms 1 bath with a nice bright tile kitchen. Plenty of parking with a carport attached in the back unit. Close to Veteran Park. Property is being sold in AS IS present conditions.

Last Agent to Sell the Property

J.J. Lopez

CENTURY 21 REALTY MASTERS License #00897398 Listed on: 02/05/2013

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,093 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence

Home Design

  • Bungalow
  • Property Attached
  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Carport
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 6357011036

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Zoning: R32
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 6357011036
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Price Per Square Foot: 225.16

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 6093.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lot Size Area: 6093.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 28
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2015
Sold by
Ponce Juventino
Bought by
Ponce Juventino and Ponce Gustavo
Current Estimated Value
$720,206

Purchase Details

Closed on
Nov 3, 2014
Sold by
Ponce Juventino and Ponce Gilberto
Bought by
Ponce Juventino

Purchase Details

Listed on
Feb 5, 2013
Closed on
May 2, 2013
Sold by
Wells Fargo Bank Na
Bought by
Ponce Juventino and Ponce Gilberto
Seller's Agent
J.J. Lopez
CENTURY 21 REALTY MASTERS
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$277,440
Sold Price
$290,000
Premium/Discount to List
$12,560
4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2012
Sold by
Ramirez Yesenia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 2, 2007
Sold by
Castellanos Raymond and Ramirez Yesenia
Bought by
Ramirez Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
9.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Castellanos Raymond
Bought by
Castellanos Raymond and Ramirez Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
9.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Castellanos Raymond and Castellanos Edgar
Bought by
Castellanos Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2003
Sold by
Corrales Pete G and Corrales Carmen C
Bought by
Castellanos Raymond and Castellanos Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
5.77%
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
Ponce Juventino -- None Available
Ponce Juventino -- None Available
Ponce Juventino $290,000 Ticor Title Company
Wells Fargo Bank Na $617,370 Accommodation
Ramirez Yesenia -- Advantage Title
Castellanos Raymond -- Fidelity National Title
Castellanos Raymond -- Fidelity National Title
Castellanos Raymond -- Ticor Title Company
Castellanos Raymond $240,000 Fidelity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ponce Juventino $150,000
Previous Owner Ramirez Yesenia $499,500
Previous Owner Castellanos Raymond $343,200
Previous Owner Castellanos Raymond $236,292
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2013 05/08/13 Sold $290,000 +4.5% $225 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $277,440 -- $215 / 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 $5,175 $403,290 $206,528 $196,762
2024 $5,175 $395,383 $202,479 $192,904
2023 $5,184 $387,631 $198,509 $189,122
2022 $5,007 $380,031 $194,617 $185,414
2021 $4,837 $372,580 $190,801 $181,779
2020 $4,802 $368,761 $188,845 $179,916
2019 $4,653 $361,532 $185,143 $176,389
2018 $4,665 $354,444 $181,513 $172,931
2016 $4,461 $340,682 $174,465 $166,217
2015 $4,192 $335,566 $171,845 $163,721
2014 $3,718 $291,316 $150,681 $140,635
Source: Public Records

Agents Affiliated with this Home

  • J.J. Lopez

    Seller's Agent in 2013

    J.J. Lopez

    CENTURY 21 REALTY MASTERS

    (323) 722-7373

    13 Total Sales

    J.J. Lopez
    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,208 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13017012

California Regional Multiple Listing Service (CRMLS)

APN: 6357-011-036

California Los Angeles County Commerce 90040

7117 E Gage Ave, Commerce, CA

Not Listed for Sale

MultiFamily

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