$465,000
SOLD MAR 22, 2019

1000 S Castlegate Ave Compton, CA 90221

3 Beds
2 Baths
1,302 Sq Ft
5,310 Sq Ft Lot

Recently Sold

$357 Per Sq Ft

2% Below List Price

38 Days on Market

About This Home

As of August 2021

Beautiful duplex. 2BD+1BA and 1BD+1BA. Located in a nice area of East Compton. Great for first time homebuyer or an investor. Upgraded and ready for new owners. Owners added new sewage lines in 2016, along with upgraded electrical. Solar added in 2017 for lower utility costs. Tenants pay $1500 (rear) and $1200 (front). Tenants pay electric and gas. Each unit has a one car garage. Property has bonus storage room and separate laundry room (perfect to additional income with coin laundry installed). Family friendly neighborhood near Kelly Park. Close to Dominguez High School. Easy access to 710/91/105 freeways. This is a great property as a starter home or first-time investor. Will not last!

Last Agent to Sell the Property

Andrew Watkins

Century 21 Masters License #01478668 Listed on: 12/11/2018

Century 21 Masters

Last Buyer's Agent

Margaret Nelson

License #01910248

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,653

Year Built

  • Built in 1949

Parking

  • 2 Car Garage

Home Design

  • 1,302 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 5,310 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7301-010-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,653

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Beautiful duplex. 2BD+1BA and 1BD+1BA. Located in a nice area of East Compton. Great for first time homebuyer or an investor. Upgraded and ready for new owners. Owners added new sewage lines in 2016, along with upgraded electrical. Solar added in 2017 for lower utility costs. Tenants pay $1500 (rear) and $1200 (front). Tenants pay electric and gas. Each unit has a one car garage. Property has bonus storage room and separate laundry room (perfect to additional income with coin laundry installed). Family friendly neighborhood near Kelly Park. Close to Dominguez High School. Easy access to 710/91/105 freeways. This is a great property as a starter home or first-time investor. Will not last!
  • Living Area: 1302
  • Probate: No
  • Year Built: 1949
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 364.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Expense: 2400.00

Fee Information

  • Insurance Expense: 2500.00

Lot Info

  • Assessed Improvement Value: 188700
  • Assessed Land Value: 188700
  • Assessor Parcel Number: 7301-010-002
  • Geocode Override: No
  • Lot Size Area: 5310

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.66
  • Number Of Units: 2
  • Total Annual Expense: 12275
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 6175.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 23, 2021
Sold by
Guardado Henry Cruz and Paredes Andrea
Bought by
Chong Stephanie and Chong Katherine A
Seller's Agent
Josephine Velasco
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Julio Chong
Berkshire Hathaway H.S.C.P.
List Price
$600,000
Sold Price
$610,000
Premium/Discount to List
$10,000
1.67%
Current Estimated Value
$751,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,729
Avg. Annual Appreciation
4.08%
Original Mortgage
$589,641
Outstanding Balance
$537,698
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$177,874

Purchase Details

Closed on
May 21, 2020
Sold by
Guardado Henry Cruz and Cruz Crystal Lizeth
Bought by
Guardado Henry Cruz and Paredes Andrea

Purchase Details

Listed on
Dec 11, 2018
Closed on
Feb 26, 2019
Sold by
Sesay Maryam
Bought by
Guardado Henry Cruz and Cruz Crystal Lizeth
Seller's Agent
Andrew Watkins
Century 21 Masters
Buyer's Agent
Margaret Nelson
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$456,577
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 8, 2016
Closed on
Apr 6, 2016
Sold by
Clark Marlo M
Bought by
Sesay Maryam
Seller's Agent
Lacy Robertson
Equity Smart Real Estate Services
Buyer's Agent
Century 21 Hollywood
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$363,298
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2012
Sold by
Clark Marlo M
Bought by
Clark Marlo M and Marlo M Clark Family Trust

Purchase Details

Closed on
Dec 26, 2002
Sold by
Oden Brenda Jean Brown and Brown Leonard
Bought by
Clark Marlo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
5.97%
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $610,000 Orange Coast Title
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $465,000 Fidelity National Title
Grant Deed $370,000 Wfg National Title
Interfamily Deed Transfer -- None Available
Grant Deed $155,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $589,641 FHA
Previous Owner $468,253 FHA
Previous Owner $456,577 FHA
Previous Owner $363,298 FHA
Previous Owner $200,000 Credit Line Revolving
Previous Owner $34,000 Credit Line Revolving
Previous Owner $175,200 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $147,250 No Value Available
Previous Owner $74,500 Unknown
Previous Owner $8,300 Unknown
Previous Owner $8,300 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $610,000 +1.7% $610,000 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $600,000 0.0% $600,000 / Sq Ft
03/10/2021 03/10/21 For Sale $600,000 -1.6% $600,000 / Sq Ft
07/13/2020 07/13/20 Off Market $610,000 -- --
03/11/2020 03/11/20 For Sale $560,000 +20.4% $560,000 / Sq Ft
03/22/2019 03/22/19 Sold $465,000 -2.1% $357 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
12/11/2018 12/11/18 For Sale $475,000 +28.4% $365 / Sq Ft
05/06/2016 05/06/16 Sold $370,000 -1.3% $284 / Sq Ft
03/20/2016 03/20/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $375,000 0.0% $288 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $375,000 -- $288 / Sq Ft
Source: The MLS

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 $11,653 $647,336 $424,483 $222,853
2024 $11,653 $634,644 $416,160 $218,484
2023 $11,502 $622,200 $408,000 $214,200
2022 $11,456 $610,000 $400,000 $210,000
2021 $9,038 $519,686 $208,696 $310,990
2020 $8,819 $474,300 $204,000 $270,300
2019 $7,556 $392,646 $196,323 $196,323
2018 $7,350 $384,948 $192,474 $192,474
2016 $4,066 $189,622 $160,266 $29,356
2015 $3,905 $186,775 $157,859 $28,916
2014 $3,847 $183,117 $154,767 $28,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-414928

The MLS

APN: 7301-010-002