$275,000
SOLD JUN 15, 2015

115 W Elm St Compton, CA 90220

5 Beds
2 Baths
1,740 Sq Ft
5,793 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

25% Above List Price

145 Days on Market

About This Home

As of August 2016

ATTN. INVESTORS LOOKING FOR RENTAL PROPERTY ***APPROVED APPROVED APPROVED SHORT SALE*** TWO SEPARATE UNITS 3 BEDROOMS 1/ BATH WITH A 2 CAR ATTACHED GARAGE AND 2 BEDROOM 1 BATH. IN THE NEED OF REPAIRS, PROPERTY TO BE SOLD IN ITS PRESENT AS IS PHYSICAL CONDITION. CASH OFFERS PREFERRED. UNITS WILL BE VACANT AT CLOSE OF ESCROW. PLEASE DO NOT GO DIRECT.

***PLEASE READ AGENT REMARKS FOR SHOWINGS.****

Last Agent to Sell the Property

Amaury Montalvo

Century 21 Realty Masters License #01208761 Listed on: 04/07/2015

Century 21 Realty Masters

Last Buyer's Agent

Amaury Montalvo

Century 21 Realty Masters License #01208761 Listed on: 04/07/2015

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,117

Year Built

  • Built in 1921

Lot Details

  • 5,793 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,740 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3577
  • Assessor Parcel Number 6157001034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,800
  • Insurance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $720
  • New Taxes Expense $3,413
  • Gross Income $2,200
  • Net Operating Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,117

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 6157001034
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 600.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Lot Info

  • Lot Size Sq Ft: 5793.00
  • Price Per Lot Square Foot: 47.47
  • Lot Size Acres: 0.1330

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 2200.00
  • Gross Scheduled Income: 2200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5793.0000 Square Feet
  • Net Operating Income: 2200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3413.00
  • Tax Lot: 22
  • Tax Tract Number: 3577
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Aug 18, 2016
Sold by
I & L Capital Investments Inc
Bought by
Gonzalez David Contreras and Sanchez Erika
Seller's Agent
Ignacio Gutierrez
Pak Home Realty
Buyer's Agent
IVAN ANTHONY SOLIS
CENTRAL FINANCIAL AND REALTY
List Price
$444,900
Sold Price
$455,000
Premium/Discount to List
$10,100
2.27%
Total Days on Market
145
Current Estimated Value
$756,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,062
Avg. Annual Appreciation
5.25%
Original Mortgage
$341,250
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2015
Closed on
Jun 9, 2015
Sold by
Franco Obdulla
Bought by
Franco Nasario
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Amaury Montalvo
Century 21 Realty Masters
List Price
$220,000
Sold Price
$275,000
Premium/Discount to List
$55,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.61%
Original Mortgage
$330,000
Interest Rate
3.64%

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 13, 2015
Sold by
Franco Nasario
Bought by
I & L Capital Investments Inc
Seller's Agent
Amaury Montalvo
Century 21 Realty Masters
Buyer's Agent
Amaury Montalvo
Century 21 Realty Masters
List Price
$220,000
Sold Price
$275,000
Premium/Discount to List
$55,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.64%

Purchase Details

Closed on
Aug 17, 2010
Sold by
Franco Nasario
Bought by
Zepeda David and The Peter Moore Sandra Moore T

Purchase Details

Closed on
Jul 7, 2006
Sold by
Defranco Obdulia Trinidad
Bought by
Franco Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Defranco Obdulia Trinidad
Bought by
Franco Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2004
Sold by
Mena Jorge A
Bought by
Franco Nasario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed $455,000 North American Title Company
Warranty Deed -- Old Republic Title Company
Warranty Deed $275,000 Old Republic Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Financial Title Company La
Interfamily Deed Transfer -- Southland Title Corporation
Grant Deed $380,000 Southland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Closed $341,250 New Conventional
Previous Owner $330,000 No Value Available
Previous Owner $477,000 Purchase Money Mortgage
Previous Owner $414,000 Balloon
Previous Owner $304,000 Purchase Money Mortgage
Closed $76,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $455,000 +2.3% $261 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $444,900 +61.8% $256 / Sq Ft
06/15/2015 06/15/15 Sold $275,000 +25.0% $158 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $220,000 -- $126 / 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
2024 $10,117 $517,709 $176,362 $341,347
2023 $9,963 $507,558 $172,904 $334,654
2022 $8,445 $497,607 $169,514 $328,093
2021 $8,532 $487,851 $166,191 $321,660
2020 $8,378 $482,849 $164,487 $318,362
2019 $8,282 $473,382 $161,262 $312,120
2018 $8,054 $464,100 $158,100 $306,000
2016 $4,979 $279,192 $139,596 $139,596
2015 $7,327 $191,879 $106,600 $85,279
2014 -- $188,121 $104,512 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14255074

California Regional Multiple Listing Service (CRMLS)

APN: 6157-001-034