J
Seller's Agent in 2016
John Chelius
Property Works RE, Inc.
(310) 722-0360
1 in this area
6 Total Sales
8929 San Luis Ave South Gate, CA 90280
Estimated Value: $819,698 - $1,037,000
5
Beds
3
Baths
2,163
Sq Ft
$415/Sq Ft
Est. Value
About This Home
As of October 2016Fantastic owner occupant opportunity in a large, renovated duplex on a beautiful tree lined street in South Gate. Back unit built in 1999, 1,363 sq ft 3 bedroom 2 bath with 3 car garage currently collecting $1,950 in rent. Front unit 2 bedroom 1 bath with attached 2 car garage will be delivered vacant at the close of escrow. Unit has been updated with new paint, carpet and finishes in bathroom and kitchen. This property will easily qualify FHA. Opportunity to use rental income from back unit to qualify.
Last Agent to Sell the Property
Property Works RE, Inc. License #01936287 Listed on: 09/01/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,910
Year Built
- Built in 1926
Lot Details
- 5,993 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- 2,163 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 133
- Tax Tract Number 3722
- Assessor Parcel Number 6210008020
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2020
Sold by
Perez Bridget and Perez Maria G
Bought by
Perez Bridget and Perez Maria G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Outstanding Balance
$407,755
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$489,170
Purchase Details
Listed on
Sep 1, 2016
Closed on
Oct 25, 2016
Sold by
Colfin Al Ca 5 Llc
Bought by
Perez Bridget and Perez Maria G
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Sergio Labra
SOUTHLAND Real Estate Service
List Price
$499,000
Sold Price
$527,777
Premium/Discount to List
$28,777
5.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$422,221
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 1, 2016
Closed on
Sep 30, 2016
Sold by
Perez Leopoldo
Bought by
Perez Maria G
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Sergio Labra
SOUTHLAND Real Estate Service
List Price
$499,000
Sold Price
$527,777
Premium/Discount to List
$28,777
5.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,221
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2012
Sold by
Serrato Claudia E
Bought by
Colfin Ai Ca 5 Llc
Purchase Details
Closed on
Jun 1, 2006
Sold by
Badillo Mario Eulises Serrato
Bought by
Serrato Claudia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
May 15, 2006
Sold by
Hernandez Jose Armando
Bought by
Serrato Claudia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 14, 2005
Sold by
Juarez Juan and Juarez Socorro
Bought by
Hernandez Jose Armando
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
8.24%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 24, 1997
Sold by
Ambrocio Arcelia
Bought by
Juarez Juan and Juarez Socorro
Purchase Details
Closed on
Jun 11, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Juarez Juan and Juarez Socorro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,450
Interest Rate
7.98%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 13, 1996
Sold by
Palafox Juan J Ramirez and Palafox Maria Delcarmen
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Mar 19, 1996
Sold by
Palafox Juan J Ramirez and Palafox Maria Delcarmen
Bought by
Home Svgs Of America Fsb
Purchase Details
Closed on
Aug 16, 1995
Sold by
Palafox Juan J Ramirez and Palafox Maria Delcarmen
Bought by
Palafox Guillermo Perez and Palafox Martha
Purchase Details
Closed on
Aug 20, 1993
Sold by
Palafox Juan J Ramirez
Bought by
Palafox Juan J Ramirez and Palafox Maria Del Carmen
Purchase Details
Closed on
Apr 23, 1993
Sold by
Palafox Guillermo Ramirez and Palafox Martha
Bought by
Palafox Juan J and Palafox Maria Del Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.37%
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 |
|---|---|---|---|
| Perez Bridget | -- | Stewart Title | |
| Perez Bridget | $528,000 | Fidelity National Title Co | |
| Perez Maria G | -- | Fidelity National Title Co | |
| Colfin Ai Ca 5 Llc | -- | Fidelity Van Nuys | |
| Serrato Claudia E | -- | Southland Title Corporation | |
| Serrato Claudia E | $618,000 | Southland Title Corporation | |
| Hernandez Jose Armando | $425,000 | Investors Title | |
| Juarez Juan | -- | Universal Title Company | |
| Juarez Juan | $121,000 | -- | |
| Federal Home Loan Mortgage Corporation | $126,000 | Fidelity National Title Ins | |
| Home Svgs Of America Fsb | $123,000 | Fidelity National Title Ins | |
| Palafox Guillermo Perez | -- | -- | |
| Palafox Juan J Ramirez | -- | Stewart Title | |
| Palafox Juan J | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Bridget | $460,000 | |
| Closed | Perez Maria G | $422,221 | |
| Previous Owner | Serrato Claudia E | $123,600 | |
| Previous Owner | Serrato Claudia E | $494,400 | |
| Previous Owner | Hernandez Jose Armando | $340,000 | |
| Previous Owner | Juarez Juan | $120,450 | |
| Previous Owner | Palafox Juan J | $140,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2016 10/31/16 | Sold | $527,777 | +5.8% | $244 / Sq Ft |
| 09/09/2016 09/09/16 | Pending | -- | -- | -- |
| 09/01/2016 09/01/16 | For Sale | $499,000 | -- | $231 / 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 | $7,910 | $612,784 | $348,173 | $264,611 |
| 2024 | $7,910 | $600,770 | $341,347 | $259,423 |
| 2023 | $7,774 | $588,991 | $334,654 | $254,337 |
| 2022 | $7,402 | $577,443 | $328,093 | $249,350 |
| 2021 | $7,313 | $566,121 | $321,660 | $244,461 |
| 2020 | $7,370 | $560,317 | $318,362 | $241,955 |
| 2019 | $7,081 | $549,331 | $312,120 | $237,211 |
| 2018 | $6,917 | $538,560 | $306,000 | $232,560 |
| 2016 | $5,422 | $384,886 | $208,047 | $176,839 |
| 2015 | $4,175 | $310,968 | $177,769 | $133,199 |
| 2014 | $4,180 | $304,877 | $174,287 | $130,590 |
Source: Public Records
Agents Affiliated with this Home
-
John Chelius
-
Sergio Labra
S
Buyer's Agent in 2016
Sergio Labra
SOUTHLAND Real Estate Service
(323) 855-8568
2 in this area
19 Total Sales
-
S
Buyer's Agent in 2016
Sergio Casas
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16192934
APN: 6210-008-020
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