NOT LISTED FOR SALE

8617 Chestnut Ave South Gate, CA 90280

Estimated Value: $778,000 - $818,000

1 Bed
1 Bath
1,768 Sq Ft
$454/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $387,450 $219 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,740/month

154 Days on Market

About This Home

As of January 2016

4 units in 2 buildings all units are 1 bedroom 1 bath each. property needs lots of work.
Please see agent's remarks for more information.

Last Agent to Sell the Property

Francisco Granadeno

Big Block Powerhouse Realty License #01070335 Listed on: 07/10/2015

Last Buyer's Agent

David Gomez Ortiz

David E Gomez License #01898760

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 5,993 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard

Home Design

  • 1,768 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 129
  • Tax Tract Number 3233
  • Assessor Parcel Number 6204015013

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6204015013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 219.15

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Level with Street, Level, Walkstreet
  • Lot Size Sq Ft: 5993.00
  • Price Per Lot Square Foot: 64.65
  • Lot Size Acres: 0.1380

Multi Family

  • Lot Size Area: 5993.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 129
  • Tax Tract Number: 3233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2019
Sold by
Perez Antonio
Bought by
Perez Antonio and Perez Dawn
Current Estimated Value
$802,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$211,557
Interest Rate
3.7%
Estimated Equity
$591,110

Purchase Details

Listed on
Jul 10, 2015
Closed on
Dec 29, 2015
Sold by
Perez Dawn
Bought by
Perez Antonio
Seller's Agent
Francisco Granadeno
Big Block Powerhouse Realty
Buyer's Agent
David Gomez Ortiz
David E Gomez
List Price
$405,000
Sold Price
$387,450
Premium/Discount to List
-$17,550
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$387,450
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 10, 2015
Closed on
Dec 14, 2015
Sold by
Torrejon Erika
Bought by
Perez Antonio
Seller's Agent
Francisco Granadeno
Big Block Powerhouse Realty
Buyer's Agent
David Gomez Ortiz
David E Gomez
List Price
$405,000
Sold Price
$387,450
Premium/Discount to List
-$17,550
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,450
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2014
Sold by
Campos Elena and Campos David
Bought by
Torrejon Erika

Purchase Details

Listed on
Jan 3, 2013
Closed on
Jan 10, 2013
Sold by
Torrejon Erika
Bought by
Campos Elena and Campos David
Seller's Agent
Thelmo Garcia
Maxi Realty Group
Buyer's Agent
Thelmo Garcia
Maxi Realty Group
List Price
$236,600
Sold Price
$236,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Sep 12, 2006
Sold by
Christian Brother Construction Inc
Bought by
Torrejon Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 23, 2006
Sold by
Martinez Jesse
Bought by
Christian Brother Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 28, 2006
Sold by
Lopez Nelly and Martinez Estela
Bought by
Martinez Jesse

Purchase Details

Closed on
Jul 22, 2004
Sold by
Alarado Imelda
Bought by
Lopez Nelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,900
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 1996
Sold by
Texas Commerce Bank
Bought by
Ge Capital Mtg Services Inc

Purchase Details

Closed on
Oct 5, 1995
Sold by
Moraga Lourdes and Texas Commerce Bank
Bought by
Texas Commerce Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Antonio -- Stewart Title Of Ca Inc
Perez Antonio -- Lawyers Title Company
Perez Antonio $387,500 Lawyers Title Company
Torrejon Erika -- None Available
Campos Elena -- None Available
Torrejon Erika $630,000 Fatcola
Christian Brother Construction Inc -- None Available
Christian Brother Construction Inc -- Accommodation
Martinez Jesse -- Accommodation
Lopez Nelly $407,000 Chicago Title Co
Ge Capital Mtg Services Inc -- Stewart Title
Texas Commerce Bank $172,955 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Antonio $240,000
Previous Owner Perez Antonio $387,450
Previous Owner Perez Antonio $387,450
Previous Owner Torrejon Erika $504,000
Previous Owner Lopez Nelly $345,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2016 01/05/16 Sold $387,450 -4.3% $219 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $405,000 +170.0% $229 / Sq Ft
05/06/2015 05/06/15 Sold $150,000 0.0% $85 / Sq Ft View Prior Sale
02/06/2015 02/06/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $150,000 -36.6% $85 / Sq Ft
01/31/2013 01/31/13 Sold $236,600 0.0% $134 / Sq Ft View Prior Sale
01/03/2013 01/03/13 For Sale $236,600 -15.7% $134 / Sq Ft
11/30/2012 11/30/12 Sold $280,500 -16.2% $159 / Sq Ft View Prior Sale
09/14/2012 09/14/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $334,700 -- $189 / Sq Ft
09/11/2012 09/11/12 Pending -- -- --
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 $6,405 $463,321 $269,920 $193,401
2024 $6,405 $454,237 $264,628 $189,609
2023 $6,297 $445,332 $259,440 $185,892
2022 $6,010 $436,601 $254,353 $182,248
2021 $5,936 $428,041 $249,366 $178,675
2019 $5,753 $415,727 $241,971 $173,756
2018 $5,606 $407,584 $237,227 $170,357
2016 $5,353 $391,394 $228,016 $163,378
2015 $4,861 $350,911 $174,345 $176,566
2014 $4,580 $319,443 $150,681 $168,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15150971

California Regional Multiple Listing Service (CRMLS)

APN: 6204-015-013