NOT LISTED FOR SALE

1119 S Atlantic Dr Compton, CA 90221

Estimated Value: $720,000 - $778,000

4 Beds
3 Baths
1,752 Sq Ft
$431/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $180,000 $103 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $4,522/month

About This Home

As of November 2012

this is a Three Unit property with a community drive way and two parking spaces and a garage that could be rented to one of the Tenants. The units will not quilify for any FHA loan. Property needs plumming on each unit and need floors. there is a Room that is not permitted in last unit. please call me for details Great opportunity for investment !

Last Agent to Sell the Property

Carlos Rincon

Corner Properties License #01808549 Listed on: 10/30/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,255

Home Design

  • 1,752 Sq Ft Home
  • Frame Construction

Additional Features

  • 6,255 Sq Ft Lot
  • No Heating

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 18303
  • Assessor Parcel Number 7301004010

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7301004010
  • Year Built: 1954
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 102.74

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Water Connected
  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6255.00
  • Lot Size Acres: 0.1440

Multi Family

  • Gross Multiplier: 76.88
  • Gross Scheduled Income: 2600.00
  • Lot Size Area: 6255.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 2800
  • Tax Lot: 10
  • Tax Tract Number: 18303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2013
Sold by
Molina Sonia
Bought by
Investment Real Estate Properties Inc
Current Estimated Value
$755,000

Purchase Details

Listed on
Oct 30, 2012
Closed on
Nov 26, 2012
Sold by
Ochoa Refugio N and Lee Carol J
Bought by
Molina Sonia
Seller's Agent
Carlos Rincon
Corner Properties
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Ochoa Refugio N
Bought by
Ochoa Refugio N and Lee Carol J

Purchase Details

Closed on
Apr 30, 2004
Sold by
Castro Angel and Amado Maria
Bought by
Ochoa Refugio N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2002
Sold by
The Atlantic Trust
Bought by
Castro Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2002
Sold by
Park Michael and Villapuda Diana
Bought by
The Atlantic Trust and U C F

Purchase Details

Closed on
Jun 20, 1996
Sold by
Norwest Mtg Inc
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.39%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1996
Sold by
Hud
Bought by
Park Michael and Villapuda Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.39%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 1995
Sold by
Benitez Ricardo and Norwest Mtg Inc
Bought by
Norwest Mtg Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Investment Real Estate Properties Inc -- None Available
Molina Sonia $165,000 Lawyers Title
Ochoa Refugio N -- None Available
Ochoa Refugio N $365,000 Fatcola
Castro Angel -- Orange Coast Title Co
The Atlantic Trust $160,000 --
Hud -- Fidelity National Title Ins
Park Michael $107,000 First Surety Title
Norwest Mtg Inc $195,739 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ochoa Refugio N $255,500
Previous Owner Castro Angel $206,755
Previous Owner Park Michael $132,000
Closed Ochoa Refugio N $109,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2012 11/21/12 Sold $180,000 -10.0% $103 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $199,900 -- $114 / 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 $6,808 $307,844 $153,922 $153,922
2024 $6,808 $301,808 $150,904 $150,904
2023 $6,694 $295,892 $147,946 $147,946
2022 $5,389 $290,092 $145,046 $145,046
2021 $5,433 $284,404 $142,202 $142,202
2019 $5,281 $275,970 $137,985 $137,985
2018 $5,088 $270,560 $135,280 $135,280
2016 $4,837 $260,056 $130,028 $130,028
2015 $4,628 $256,150 $128,075 $128,075
2014 $4,555 $251,134 $125,567 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1205695

California Regional Multiple Listing Service (CRMLS)

APN: 7301-004-010