NOT LISTED FOR SALE

1203 E Tucker St Compton, CA 90221

Estimated Value: $895,000 - $1,062,000

11 Beds
4 Baths
4,042 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $505,000 $125 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,021/month

6 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Laundry Room
  • No Heating

About This Home

As of August 2014

Four units. 3 of them are 3 bedrooms and 1 bathroom. the front unit has 2 bedrooms and 1 bathroom. Great income property, good condition, all units are occupied.

Last Agent to Sell the Property

Carmen Ortega

Carrington Real Estate Service License #01432809 Listed on: 06/11/2014

Carrington Real Estate Service

Last Buyer's Agent

Jerry Lohman

American 1st Real Estate License #01844559

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 4,042 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Tax Tract Number 4828
  • Assessor Parcel Number 6167028007

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,435
  • Trash Expense $960
  • Water Sewer Expense $6,000
  • New Taxes Expense $7,244
  • Net Operating Income $43,761

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 6000.00
  • Property Type: Residential Income
  • Parcel Number: 6167028007
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 124.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10889.00
  • Lot Size Acres: 0.2500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1435.00
  • Lot Size Area: 10889.0000 Square Feet
  • Net Operating Income: 43761.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 15639.00
  • Rent Control: No
  • Total Actual Rent: 4950.00

Tax Info

  • New Taxes Expense: 7244.00
  • Tax Lot: 7
  • Tax Tract Number: 4828
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2014
Closed on
Aug 6, 2014
Sold by
Sandoval Celia Rodriguez
Bought by
Sandoval Javier
Seller's Agent
Carmen Ortega
Carrington Real Estate Service
Buyer's Agent
Jerry Lohman
American 1st Real Estate
List Price
$485,000
Sold Price
$505,000
Premium/Discount to List
$20,000
4.12%
Current Estimated Value
$971,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,589
Avg. Annual Appreciation
5.92%
Original Mortgage
$378,750
Outstanding Balance
$288,796
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$682,793

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jun 20, 2014
Sold by
Montalvo Francisco
Bought by
Sandoval Alfredo
Seller's Agent
Carmen Ortega
Carrington Real Estate Service
Buyer's Agent
Jerry Lohman
American 1st Real Estate
List Price
$485,000
Sold Price
$505,000
Premium/Discount to List
$20,000
4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Outstanding Balance
$288,796
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$682,793

Purchase Details

Closed on
Apr 9, 2004
Sold by
Montalvo Francisco and Diaz Carolina
Bought by
Montalvo Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Sandoval Javier -- Lawyers Title
Sandoval Alfredo $505,000 Lawyers Title
Montalvo Francisco -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Javier $378,750
Previous Owner Montalvo Francisco $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $505,000 +4.1% $125 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $485,000 -- $120 / 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 $10,982 $606,927 $240,367 $366,560
2024 $10,982 $595,027 $235,654 $359,373
2023 $10,859 $583,361 $231,034 $352,327
2022 $10,253 $571,923 $226,504 $345,419
2021 $10,335 $560,710 $222,063 $338,647
2020 $10,156 $554,962 $219,787 $335,175
2019 $10,040 $544,081 $215,478 $328,603
2018 $9,635 $533,413 $211,253 $322,160
2016 $9,139 $512,701 $203,050 $309,651
2015 $8,734 $505,000 $200,000 $305,000
2014 $7,251 $416,037 $190,359 $225,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14123479

California Regional Multiple Listing Service (CRMLS)

APN: 6167-028-007