NOT LISTED FOR SALE

7554 Wellman St Commerce, CA 90040

Estimated Value: $615,000 - $743,000

2 Beds
1 Bath
818 Sq Ft
$825/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $405,000 $495 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,154/month

1 Day on Market

Highlights

  • Heated Spa
  • Property is near a park
  • Bonus Room
  • RV Access or Parking
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2016

This home is move in ready, here are some of the great features. Beautiful kitchen with travertine flooring, granite counter tops and a stainless steel sink. The living space has hard wood floors, crown moldings, and ceiling fans in every room. The main bathroom in the home is recently remodeled. Off of the bedrooms is a bonus area and an addition bathroom. A large backyard perfect for entertaining and for relaxing, soak in your hot tub while enjoying your manicured yard. Also in the backyard you will find storage sheds for your toys or lawn equipment. For those that have larger toys, you will find plenty of space to park your boat, jet skis, ATV and more. Property is fenced all around for privacy and security. Extra savings for The City of Commerce residence, no city utility tax! Many benefits to residents including free aquatics center, camp Commerce for the whole family and city funded money towards home exterior upgrades every year. This home is a great home in a mature residential area, which is centrally located minutes away from the I-710, I-60, I-605 and I-5 Freeways, Metrolink, Citadel Outlets, Bicycle Casino and Downtown LA. Quiet and secluded neighborhood with back access to main street and additional parking. Valued Priced at $399,900!!!

Last Agent to Sell the Property

Joseph Rudd

Keller Williams Realty-Studio City License #01518987 Listed on: 09/01/2016

Keller Williams Realty-Studio City

Last Buyer's Agent

Flor Martinez

Century 21 Masters License #01302500

Century 21 Masters

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,753

Year Built

  • Built in 1941

Lot Details

  • 6,477 Sq Ft Lot
  • South Facing Home
  • Security Fence
  • Wrought Iron Fence
  • Brick Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned C1-R2

Home Design

  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Asphalt Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 818 Sq Ft Home
  • Partially Furnished
  • Crown Molding
  • Brick Wall or Ceiling
  • Ceiling Fan
  • Awning
  • Window Screens
  • Living Room
  • Bonus Room
  • Storage
  • Utility Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • RV Access or Parking
  • Unassigned Parking

Pool

  • Heated Spa
  • Above Ground Spa
  • Fiberglass Spa

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Location

  • Property is near a park
  • Urban Location

Utilities

  • Wall Furnace
  • 220 Volts For Spa
  • Gas Water Heater
  • Cable TV Available
  • TV Antenna

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 12751
  • Assessor Parcel Number 6356011014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,753

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: refrigerator, range, washer and dryer
  • Other Phone Description: 818-605-7732
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: C1-R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6356011014
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 818.00
  • Interior Amenities: Brick Walls, Ceiling Fan(s), Crown Molding, Granite Counters, Partially Furnished, Pantry, Storage
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 495.11
  • Room Type: Bonus Room, Living Room, Utility Room
  • Spa Features: Above Ground, Fiberglass, Heated, Private
  • Window Features: Screens

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), Rain Gutters, TV Antenna
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Security, Wrought Iron
  • Patio And Porch Features: Covered, Porch, Front Porch, Patio
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Parking: No
  • Parking Features: Concrete, Driveway, Garage, Off Street, Private, RV Access/Parking, Street, Unassigned, Uncovered

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator
  • Electric: 220 Volts For Spa, Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Outside, Washer Hookup, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level, Rectangular Lot, Lot 6500-9999, Level with Street, Paved, Park Nearby, Yard
  • Lot Size Sq Ft: 6477.00
  • Price Per Lot Square Foot: 61.74

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 45
  • Tax Tract Number: 12751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Sep 9, 2016
Sold by
Martinez Anthony
Bought by
Gutierrez Mayte
Seller's Agent
Joseph Rudd
Keller Williams Realty-Studio City
Buyer's Agent
Flor Martinez
Century 21 Masters
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Current Estimated Value
$674,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,473
Avg. Annual Appreciation
5.66%
Original Mortgage
$397,664
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 11, 2015
Sold by
Hernandez Jennifer M
Bought by
Martinez Anthony
Seller's Agent
Richard Reyes
24 Hour Real Estate
Buyer's Agent
Joseph Rudd
Keller Williams Realty-Studio City
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$338,751
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2013
Sold by
Diaz Herbert L
Bought by
Hernandez Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2006
Sold by
Anderson Mary K and Nellie M Burns Living Trust
Bought by
Diaz Herbert L and Diaz Francis Henguelbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
Burns Nellie M and The Nellie M Burns Living Trus
Bought by
Burns Nellie M and The Nellie M Burns Living Trus

Purchase Details

Closed on
Jun 13, 1996
Sold by
Burns Nellie Mae
Bought by
Burns Nellie M and Nellie M Burns Living Trust
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
Gutierrez Mayte $405,000 Lawyers Title
Martinez Anthony $345,000 Old Republic Title Company
Hernandez Jennifer M $205,000 Pacific Coast Title Company
Diaz Herbert L $425,000 First American Title Company
Burns Nellie M -- None Available
Burns Nellie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Mayte $400,000
Closed Gutierrez Mayte $397,664
Previous Owner Martinez Anthony $338,751
Previous Owner Hernandez Jennifer M $201,286
Previous Owner Diaz Herbert L $392,000
Previous Owner Diaz Herbert L $49,000
Previous Owner Diaz Herbert L $340,000
Previous Owner Burns Nellie M $20,000
Previous Owner Burns Nellie M $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $405,000 +1.3% $495 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $399,900 +15.9% $489 / Sq Ft
06/17/2015 06/17/15 Sold $345,000 -3.9% $422 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $359,000 -- $439 / 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 $5,753 $470,031 $333,316 $136,715
2024 $5,753 $460,816 $326,781 $134,035
2023 $5,765 $451,781 $320,374 $131,407
2022 $5,561 $442,924 $314,093 $128,831
2021 $5,370 $434,240 $307,935 $126,305
2019 $5,159 $421,361 $298,802 $122,559
2018 $5,250 $413,100 $292,944 $120,156
2016 $4,387 $350,260 $262,340 $87,920
2015 $2,676 $210,043 $168,035 $42,008
2014 -- $205,930 $164,744 $41,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16193303

California Regional Multiple Listing Service (CRMLS)

APN: 6356-011-014