NOT LISTED FOR SALE

8940 Cypress Ave South Gate, CA 90280

Estimated Value: $673,000 - $792,000

3 Beds
2 Baths
1,449 Sq Ft
$507/Sq Ft Est. Value

Last Sold September 25, 2012

Last sale price $260,000 $179 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $4,159/month

4 Days on Market

About This Home

As of September 2012

This home is located at 8940 Cypress Ave, South Gate, CA 90280 since 16 August 2012 and is currently estimated at $735,076, approximately $507 per square foot. This property was built in 1936. 8940 Cypress Ave is a home located in Los Angeles County with nearby schools including Willow Elementary, Southeast Middle School, and South Gate Middle School.

Last Agent to Sell the Property

Juan Murguia

RE/MAX Time License #01711049 Listed on: 08/16/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1936

Lot Details

  • 5,629

Parking

  • 2 Parking Spaces

Home Design

  • 1,449 Sq Ft Home

Additional Features

  • 5,629 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 256
  • Tax Tract Number 3477
  • Assessor Parcel Number 6204008029

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $75
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 6204008029
  • Year Built: 1936
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 179.43

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5629.00
  • Lot Size Acres: 0.1290

Multi Family

  • Electric Expense: 75.00
  • Lot Size Area: 5629.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 664
  • Tax Lot: 256
  • Tax Tract Number: 3477

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2006
Sold by
Aguilar Maria Guadalupe
Bought by
Aguilar Jose
Current Estimated Value
$735,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$251,219
Interest Rate
1.75%
Mortgage Type
Negative Amortization
Estimated Equity
$483,857

Purchase Details

Closed on
Oct 23, 2006
Sold by
Aguilar Miguel
Bought by
Partida Victor and Partida Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$251,219
Interest Rate
1.75%
Mortgage Type
Negative Amortization
Estimated Equity
$483,857

Purchase Details

Closed on
Oct 11, 2006
Sold by
Partida Victor and Partida Sara
Bought by
Partida Victor and Partida Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$251,219
Interest Rate
1.75%
Mortgage Type
Negative Amortization
Estimated Equity
$483,857

Purchase Details

Closed on
Mar 9, 2000
Sold by
Partida Victor and Aguilar Miguel
Bought by
Partida Victor and Partida Sara

Purchase Details

Closed on
Dec 14, 1999
Sold by
Partida Sara
Bought by
Partida Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.67%

Purchase Details

Closed on
Oct 25, 1999
Sold by
Rosales Miguel R and Rosales Rosa M
Bought by
Aguilar Miguel and Partida Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Aguilar Jose -- Chicago Title Co
Partida Victor -- Chicago Title Co
Partida Victor -- Chicago Title Co
Partida Victor -- --
Partida Victor -- Stewart Title
Aguilar Miguel $175,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilar Jose $408,000
Previous Owner Aguilar Miguel $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $260,000 0.0% $179 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $260,000 -- $179 / 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 $3,746 $268,938 $117,407 $151,531
2024 $3,746 $263,665 $115,105 $148,560
2023 $3,683 $258,497 $112,849 $145,648
2022 $3,517 $253,430 $110,637 $142,793
2021 $3,470 $248,462 $108,468 $139,994
2020 $3,491 $245,915 $107,356 $138,559
2019 $3,362 $241,094 $105,251 $135,843
2018 $3,237 $236,368 $103,188 $133,180
2016 $3,082 $227,191 $99,182 $128,009
2015 $3,032 $223,780 $97,693 $126,087
2014 $3,037 $219,398 $95,780 $123,618
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Juan Murguia

    RE/MAX Time

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S709013

California Regional Multiple Listing Service (CRMLS)

APN: 6204-008-029

California Los Angeles County South Gate 90280

8940 Cypress Ave, South Gate, CA

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