Seller's Agent in 2017
Karina chavez
Century 21 Allstars
(562) 244-5026
1 in this area
73 Total Sales
8457 Chestnut Ave Unit C South Gate, CA 90280
Estimated Value: $793,000 - $858,000
4
Beds
3
Baths
3
Sq Ft
$273,000/Sq Ft
Est. Value
Highlights
- Lawn
- Legacy High School Complex Rated A-
- No Heating
About This Home
As of October 20173 units in need of some TLC. Excellent opportunity to own a property close to Downtown LA and FWY and stores.
Last Agent to Sell the Property
Century 21 Allstars License #01360910 Listed on: 04/01/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,233
Year Built
- Built in 1923
Lot Details
- 6,016 Sq Ft Lot
- 1 Common Wall
- Lawn
Home Design
- 3 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 103
- Tax Tract Number 2917
- Assessor Parcel Number 6211020012
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $80
- Insurance Expense $230
- Trash Expense $75
- Water Sewer Expense $250
- New Taxes Expense $350,041
- Operating Expense $4,135
- Gross Income $1,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2017
Closed on
Sep 22, 2017
Sold by
Gutierrez Olivia
Bought by
Velasquez Vicente Yovanny and Velasquez Irma Daysi
Seller's Agent
Karina chavez
Century 21 Allstars
Buyer's Agent
Maria Tabares
Century 21 LOTUS
List Price
$530,000
Sold Price
$480,000
Premium/Discount to List
-$50,000
-9.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,000
Avg. Annual Appreciation
6.95%
Original Mortgage
$463,980
Outstanding Balance
$384,505
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$434,495
Purchase Details
Closed on
May 26, 2005
Sold by
Sanchez Sergio
Bought by
Gutierrez Lucio and Gutierrez Olivia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
5.13%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Aug 12, 2004
Sold by
Michel Victor J and Michel Martha
Bought by
Sanchez Sergio
Purchase Details
Closed on
Feb 4, 1999
Sold by
Brabant Donald T and Brabant Stacy E
Bought by
Michel Victor J and Michel Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,027
Interest Rate
6.96%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 10, 1994
Sold by
Koopmans Harman and Koopmans Fennechien
Bought by
Brabant Donald R and Brabant Stacy E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasquez Vicente Yovanny | $480,000 | Fidelity National Title Co | |
| Gutierrez Lucio | $545,000 | Stewart Title | |
| Sanchez Sergio | $300,000 | Stewart Title Company | |
| Michel Victor J | $185,000 | Fidelity Title | |
| Brabant Donald R | $183,500 | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasquez Vicente Yovanny | $463,980 | |
| Previous Owner | Gutierrez Lucio | $490,500 | |
| Previous Owner | Michel Victor J | $183,027 | |
| Previous Owner | Brabant Donald R | $148,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2017 10/31/17 | Sold | $480,000 | -9.4% | $160,000 / Sq Ft |
| 09/11/2017 09/11/17 | Pending | -- | -- | -- |
| 07/26/2017 07/26/17 | Price Changed | $530,000 | 0.0% | $176,667 / Sq Ft |
| 07/26/2017 07/26/17 | For Sale | $530,000 | +24.7% | $176,667 / Sq Ft |
| 04/26/2017 04/26/17 | For Sale | $425,000 | -11.5% | $141,667 / Sq Ft |
| 04/24/2017 04/24/17 | Pending | -- | -- | -- |
| 04/18/2017 04/18/17 | Off Market | $480,000 | -- | -- |
| 04/01/2017 04/01/17 | For Sale | $425,000 | -- | $141,667 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,233 | $546,152 | $227,563 | $318,589 |
| 2024 | $7,233 | $535,444 | $223,101 | $312,343 |
| 2023 | $7,110 | $524,946 | $218,727 | $306,219 |
| 2022 | $6,776 | $514,654 | $214,439 | $300,215 |
| 2021 | $6,696 | $504,564 | $210,235 | $294,329 |
| 2020 | $6,747 | $499,392 | $208,080 | $291,312 |
| 2019 | $6,486 | $489,600 | $204,000 | $285,600 |
| 2018 | $6,326 | $480,000 | $200,000 | $280,000 |
| 2016 | $8,156 | $641,728 | $247,270 | $394,458 |
| 2015 | $8,024 | $632,089 | $243,556 | $388,533 |
| 2014 | $8,027 | $619,709 | $238,786 | $380,923 |
Source: Public Records
Agents Affiliated with this Home
-
Karina chavez
-
Maria Tabares
M
Buyer's Agent in 2017
Maria Tabares
Century 21 LOTUS
(562) 806-1000
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW17082771
APN: 6211-020-012
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