Seller's Agent in 2018
Durga Baumann
Excellence RE Real Estate
(562) 277-0330
1 in this area
61 Total Sales
1001 S Alameda St Compton, CA 90220
Estimated Value: $986,779
2
Beds
2
Baths
3,248
Sq Ft
$304/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Laundry Room
About This Home
As of May 2018Unique Mixed Used - Commercial/Office/RESIDENTIAL - This ideal property won't last long. Corner business plus a single family home. The house is a 2 bedroom and 1 bathroom with laundry inside the house and remodeled kitchen. It also has a cozy side patio that is perfect for family gatherings. The commercial/business building is currently being use as a Auto Body Shop with an office. This is about (70% Comm/Ofc and 30% Residential) Please contact your lender to find out if a residential loan can be used on this type of property otherwise any interested buyers will have to be approved for a commercial loan.
Last Agent to Sell the Property
Excellence RE Real Estate License #01862125 Listed on: 01/26/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 7,818 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 1 Car Garage
Home Design
- 3,248 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Private Water Source
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 17
- Tax Tract Number 5432
- Assessor Parcel Number 6163027019
Community Details
Overview
- No Home Owners Association
- 2 Buildings
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $300
- Insurance Expense $150
- Trash Expense $35
- Water Sewer Expense $100
- Operating Expense $585
- Gross Income $3,600
- Net Operating Income $3,315
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2023
Sold by
Mercado Francisco G
Bought by
Francisco G Mercado Living Trust and Mercado
Current Estimated Value
Purchase Details
Listed on
Jan 26, 2018
Closed on
Apr 25, 2018
Sold by
Galdamez Fiorinda
Bought by
Mercado Francisco G
Seller's Agent
Durga Baumann
Excellence RE Real Estate
Buyer's Agent
Durga Baumann
Excellence RE Real Estate
List Price
$680,000
Sold Price
$620,000
Premium/Discount to List
-$60,000
-8.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$512,000
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 19, 2016
Sold by
Dubon Gerber Ernesto Miranda
Bought by
Galdamez Florinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 11, 2016
Sold by
Bms Associates Re
Bought by
Galdamez Florinda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 9, 2011
Sold by
Citi Property Holdings Inc
Bought by
Bms Associates Re
Purchase Details
Closed on
Jul 26, 2010
Sold by
Marquez Filomena and Marquez Ismael
Bought by
Citi Property Holdings Inc and Liquidation Properties Inc
Purchase Details
Closed on
May 10, 2010
Sold by
Marquez Ismael and Marquez Filomena
Bought by
Marquez Ismael and Marquez Filomena
Purchase Details
Closed on
May 31, 1994
Sold by
Dudley Ethel Louise
Bought by
Johnson Donald
Purchase Details
Closed on
Mar 22, 1994
Sold by
Johnson Donald
Bought by
Dudley Ethel Louise
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 |
|---|---|---|---|
| Francisco G Mercado Living Trust | -- | None Listed On Document | |
| Mercado Francisco G | $620,000 | Pacific Coast Title | |
| Galdamez Florinda | -- | Ticor Title Company | |
| Galdamez Florinda | $450,000 | Ticor Title Company | |
| Bms Associates Re | $217,000 | Stewart Title Of California | |
| Citi Property Holdings Inc | $180,000 | Accommodation | |
| Marquez Ismael | -- | None Available | |
| Johnson Donald | -- | -- | |
| Dudley Ethel Louise | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mercado Francisco G | $512,000 | |
| Previous Owner | Galdamez Florinda | $360,000 | |
| Previous Owner | Galdamez Florinda | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2018 05/01/18 | Sold | $620,000 | -8.8% | $191 / Sq Ft |
| 02/26/2018 02/26/18 | Pending | -- | -- | -- |
| 01/26/2018 01/26/18 | For Sale | $680,000 | -- | $209 / 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 | $12,773 | $705,450 | $494,953 | $210,497 |
| 2024 | $12,773 | $691,619 | $485,249 | $206,370 |
| 2023 | $12,632 | $678,059 | $475,735 | $202,324 |
| 2022 | $11,930 | $664,764 | $466,407 | $198,357 |
| 2021 | $12,038 | $651,730 | $457,262 | $194,468 |
| 2020 | $13,102 | $645,048 | $452,574 | $192,474 |
| 2019 | $11,700 | $632,400 | $443,700 | $188,700 |
| 2018 | $8,744 | $459,000 | $316,200 | $142,800 |
| 2016 | $6,241 | $316,017 | $227,273 | $88,744 |
| 2015 | $5,990 | $311,271 | $223,860 | $87,411 |
| 2014 | $5,888 | $305,174 | $219,475 | $85,699 |
Source: Public Records
Agents Affiliated with this Home
-
Durga Baumann
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18021361
APN: 6163-027-019
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.
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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