NOT LISTED FOR SALE

8962 May Ct South Gate, CA 90280

Estimated Value: $704,000 - $822,000

3 Beds
2 Baths
1,342 Sq Ft
$553/Sq Ft Est. Value

Last Sold July 20, 2015

Last sale price $350,000 $261 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,346/month

9 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Legacy High School Complex Rated A-
  • 1 Car Garage

About This Home

As of July 2015

Spacious South Gate home located in highly desirable area...walking distance to beautiful South Gate Park. Three large bedrooms, one with French doors leading to the backyard. Two bathrooms with room for storage and kitchen that opens to the living room. Living room has built in window seats and wainscotting. Backyard is the perfect size for entertaining with plenty of room for parking. Great space with low maintenance. Conveniently located to the new and almost completed shopping center as well as public transportation.

Last Agent to Sell the Property

REBECCA MARTINEZ

RE/MAX MASTERS REALTY License #01194359 Listed on: 06/02/2015

RE/MAX MASTERS REALTY

Last Buyer's Agent

JEANNINE LONDONO

KELLER WILLIAMS PREMIER PROPER License #01280409

KELLER WILLIAMS PREMIER PROPER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1940

Lot Details

  • 3,855

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • RV Potential

Interior Spaces

  • 1,342 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • 3,855 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 10486
  • Assessor Parcel Number 6222009014

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,424

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6222009014
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1342.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 260.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Faces Rear, RV Potential
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Lot Size Sq Ft: 3855.00
  • Price Per Lot Square Foot: 90.79
  • Lot Size Acres: 0.0880

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3855.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 10486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jun 16, 2015
Sold by
Dipeppe Larry
Bought by
Mendoza Emerson Mario
Seller's Agent
REBECCA MARTINEZ
RE/MAX MASTERS REALTY
Buyer's Agent
JEANNINE LONDONO
KELLER WILLIAMS PREMIER PROPER
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$742,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,452
Avg. Annual Appreciation
7.59%
Original Mortgage
$332,500
Outstanding Balance
$258,446
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$484,006

Purchase Details

Closed on
Dec 24, 2009
Sold by
Leon Alejandro
Bought by
Dipeppe Larry and Dipeppe Aide

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2001
Sold by
Cervantes David A
Bought by
Leon Alejandro and Leon Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,194
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1999
Sold by
Cervantes David A
Bought by
Cervantes David A and Cervantes Monica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.75%
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
Mendoza Emerson Mario $350,000 Lawyers Title
Dipeppe Larry $290,000 Lawyers Title
Leon Alejandro $175,000 American Title Co
Cervantes David A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Emerson Mario $332,500
Previous Owner Dipeppe Larry $284,747
Previous Owner Leon Alejandro $172,194
Previous Owner Cervantes David A $130,000
Closed Leon Alejandro $5,247
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2015 07/20/15 Sold $350,000 0.0% $261 / Sq Ft
06/11/2015 06/11/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $349,900 -- $261 / 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 $5,424 $414,320 $287,304 $127,016
2024 $5,424 $406,197 $281,671 $124,526
2023 $5,331 $398,234 $276,149 $122,085
2022 $5,078 $390,427 $270,735 $119,692
2021 $5,017 $382,773 $265,427 $117,346
2019 $4,859 $371,421 $257,555 $113,866
2018 $4,751 $364,139 $252,505 $111,634
2016 $4,539 $350,000 $242,700 $107,300
2015 $4,078 $311,464 $193,323 $118,141
2014 -- $305,364 $189,537 $115,827
Source: Public Records

Agents Affiliated with this Home

  • REBECCA MARTINEZ

    Seller's Agent in 2015

    REBECCA MARTINEZ

    RE/MAX

    (626) 922-5977

    86 Total Sales

    REBECCA MARTINEZ
    Section Image

  • J

    Buyer's Agent in 2015

    JEANNINE LONDONO

    KELLER WILLIAMS PREMIER PROPER

    (909) 821-3999

    7 Total Sales

    JEANNINE LONDONO
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15118061

California Regional Multiple Listing Service (CRMLS)

APN: 6222-009-014

California Los Angeles County South Gate 90280

8962 May Ct, South Gate, CA

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