NOT LISTED FOR SALE

8668 Chestnut Ave South Gate, CA 90280

Estimated Value: $822,000 - $903,000

2 Beds
1 Bath
2,246 Sq Ft
$389/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $430,000 $191 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,312/month

35 Days on Market

Highlights

  • No HOA
  • Accessible Parking
  • Wall Furnace
  • Legacy High School Complex Rated A-
  • Central Air
  • Front Yard

About This Home

As of August 2015

Centrally Located 2 Units/Separate Buildings. Front Unit 2 bedroom 1 bath, Back Unit 4 bedrooms 2 Bath.
Agents please note: South Gate requires a Pre-sale Inspection.

Last Agent to Sell the Property

Patricia Ramires

CENTURY 21 CULTURE License #01244632 Listed on: 06/03/2015

CENTURY 21 CULTURE

Last Buyer's Agent

GREG RODRIGUEZ

GJR REAL ESTATE License #01013710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,944

Year Built

  • Built in 1925

Lot Details

  • 5,992 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,246 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Air
  • Wall Furnace

Additional Features

  • Accessible Parking
  • Suburban Location

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 5356
  • Assessor Parcel Number 6204014044

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $12,000
  • Trash Expense $900
  • Water Sewer Expense $1,332
  • New Taxes Expense $4,932
  • Gross Income $700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,944

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1332.00
  • Property Type: Residential Income
  • Parcel Number: 6204014044
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 191.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 900.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 5992.00
  • Price Per Lot Square Foot: 71.76
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Income: 700.00
  • Gross Scheduled Income: 1700.00
  • Insurance Expense: 12000.00
  • Lot Size Area: 5992.0000 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
  • Operating Expense: 1000.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4932.00
  • Tax Lot: 114
  • Tax Tract Number: 5356
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2015
Closed on
Aug 11, 2015
Sold by
Pineda Zenayda
Bought by
Nunez Elizabeth
Seller's Agent
Patricia Ramires
CENTURY 21 CULTURE
Buyer's Agent
GREG RODRIGUEZ
GJR REAL ESTATE
List Price
$399,000
Sold Price
$430,000
Premium/Discount to List
$31,000
7.77%
Current Estimated Value
$873,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,477
Avg. Annual Appreciation
7.24%
Original Mortgage
$422,211
Outstanding Balance
$331,388
Interest Rate
3.97%
Mortgage Type
FHA
Estimated Equity
$542,089

Purchase Details

Closed on
Feb 23, 2007
Sold by
Pineda Zenayda and Elvirez Zenayda
Bought by
Pineda Zenayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Pineda Rafael O and Elvirez Zenayda
Bought by
Elvirez Zenayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2003
Sold by
Pineda Ilber B
Bought by
Pineda Rafael O and Elvirez Zenayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1995
Sold by
Ayala George M
Bought by
Elvirez Zenayda and Pineda Ilber B
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
Nunez Elizabeth $430,000 Stewart Title Of Ca Inc
Pineda Zenayda -- New Century Title Company
Elvirez Zenayda -- First American Title Ins Co
Pineda Rafael O -- Southland Title Corporation
Elvirez Zenayda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Elizabeth $422,211
Previous Owner Pineda Zenayda $487,500
Previous Owner Elvirez Zenayda $348,750
Previous Owner Pineda Rafael O $220,000
Closed Pineda Rafael O $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2015 08/21/15 Sold $430,000 +7.8% $191 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $399,000 -- $178 / 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 $7,944 $615,567 $414,325 $201,242
2024 $7,944 $603,498 $406,201 $197,297
2023 $7,807 $591,666 $398,237 $193,429
2022 $7,433 $580,066 $390,429 $189,637
2021 $7,343 $568,693 $382,774 $185,919
2020 $7,400 $562,863 $378,850 $184,013
2019 $7,110 $551,827 $371,422 $180,405
2018 $6,951 $541,008 $364,140 $176,868
2016 $6,637 $520,000 $350,000 $170,000
2015 $4,928 $375,050 $132,733 $242,317
2014 $4,932 $367,704 $130,133 $237,571
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patricia Ramires

    CENTURY 21 CULTURE

    Section Image

  • G

    Buyer's Agent in 2015

    GREG RODRIGUEZ

    GJR REAL ESTATE

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15119003

California Regional Multiple Listing Service (CRMLS)

APN: 6204-014-044

California Los Angeles County South Gate 90280

8668 Chestnut Ave, South Gate, CA

This home is located at 8668 Chestnut Ave, South Gate, CA 90280 since 03 June 2015 and is currently estimated at $873,477, approximately $388 per square foot. This property was built in 1925. 8668 Chestnut Ave is a home located in Los Angeles County with nearby schools including Willow Elementary, South Gate Middle School, and Southeast Middle School.

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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