NOT LISTED FOR SALE

7117 E Gage Ave Commerce, CA 90040

Commerce Area

Estimated Value: $616,000 - $749,478

2 Beds
1 Bath
1,288 Sq Ft
$533/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2013

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

Est. 137% increase in value since last sale

Current estimated payment $4,225 / mo

23 Days on Market

Highlights

  • Bungalow
  • Laundry Facilities
  • Wall Furnace
  • Tile Flooring
  • 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

General NONMEMBER

NONMEMBER MRML

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

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

6,093 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2015
Sold by
Bought by
Current Estimated Value
$686,620

Purchase Details

Closed on
Nov 3, 2014
Sold by
Bought by

Purchase Details

Listed on
Feb 5, 2013
Closed on
May 2, 2013
Sold by
Bought by
Seller's Agent
J.J. Lopez
CENTURY 21 REALTY MASTERS
Buyer's Agent
General NONMEMBER
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
6.72%
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2007
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Commerce, CA

  • Gonzalo Gomez Real Estate Agent - EXCELLENCE RE REAL ESTATE

    Gonzalo Gomez

    EXCELLENCE RE REAL ESTATE

    (562) 414-5730

    39 Total Sales

    2 in Commerce

    $476,000 Price Range

    Gonzalo Gomez
     Section Image
  • Armando Arenas Real Estate Agent - GEORGE MICHAEL REALTY

    Armando Arenas

    GEORGE MICHAEL REALTY

    (562) 454-0391

    42 Total Sales

    1 in Commerce

    $590,000 Price

    Armando Arenas
     Section Image
  • Carlos Barron Real Estate Agent - T.N.G. Real Estate Consultants

    Carlos Barron

    T.N.G. Real Estate Consultants

    (657) 385-7956

    82 Total Sales

    1 in Commerce

    $350,000 Price

    Carlos Barron
     Section Image
  • Brian Larsen Real Estate Agent - Beverly and Company, Inc.

    Brian Larsen

    Beverly and Company, Inc.

    (323) 553-5369

    15 Total Sales

    1 in Commerce

    $520,000 Price

    Brian Larsen
     Section Image
  • Patricia Ramirez Real Estate Agent - Century 21 Allstars

    Patricia Ramirez

    Century 21 Allstars

    (562) 526-0839

    55 Total Sales

    1 in Commerce

    $620,000 Price

    Patricia Ramirez
     Section Image
  • Blanca M Lopez Real Estate Agent - RE/MAX One

    Blanca M Lopez

    RE/MAX One

    (657) 385-8005

    60 Total Sales

    2 in Commerce

    $718,000 Price Range

    Blanca M Lopez
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$290,000 Ticor Title Company
$617,370 Accommodation
-- Advantage Title
-- Fidelity National Title
-- Fidelity National Title
-- Ticor Title Company
$240,000 Fidelity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $55,500
Previous Owner $444,000
Previous Owner $499,500
Previous Owner $394,200
Previous Owner $343,200
Previous Owner $310,000
Previous Owner $236,292
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,326 $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 Real Estate Agent - CENTURY 21 REALTY MASTERS

    Seller's Agent in 2013

    J.J. Lopez

    CENTURY 21 REALTY MASTERS

    (323) 722-7373

    16 Total Sales

    J.J. Lopez
    Section Image

  • G

    Buyer's Agent in 2013

    General NONMEMBER

    NONMEMBER MRML

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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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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