NOT LISTED FOR SALE

1208 N Tamarind Ave Compton, CA 90222

Estimated Value: $635,000 - $739,000

2 Beds
1 Bath
1,816 Sq Ft
$382/Sq Ft Est. Value

Last Sold April 20, 2014

Last sale price $300,000 $165 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,279/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of April 2014

Fantastic opportunity for this income property! Spacious 2/1 homes with inside laundry room & private garage for each. Both Units are in good condition with long term tenants, & positive cash flow!!!! This is a great deal, a must see.. All offers are subject to interior inspection due to tenants but will coordinate a date & time to show property soon. Please only drive-by property for now, thank you!

Last Agent to Sell the Property

Mirna Martinez

ROA California Inc. License #01773121 Listed on: 02/11/2014

Last Buyer's Agent

Mirna Martinez

ROA California Inc. License #01773121 Listed on: 02/11/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 5,461 Sq Ft Lot
  • No Common Walls
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,816 Sq Ft Home
  • Traditional Architecture
  • Flat Tile Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 9584
  • Assessor Parcel Number 6167004011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $900
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,439
  • Gross Income $2,250
  • Net Operating Income $21,441

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 6167004011
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 165.20

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 1200.00
  • 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: 5461.00
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2250.00
  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5461.0000 Square Feet
  • Net Operating Income: 21441.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 612.00
  • Rent Control: No
  • Total Actual Rent: 2250.00

Tax Info

  • New Taxes Expense: 3439.00
  • Tax Lot: 11
  • Tax Tract Number: 9584
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2017
Sold by
Sauce
Bought by
Sauce
Current Estimated Value
$693,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,617
Outstanding Balance
$270,773
Interest Rate
4.16%
Estimated Equity
$423,064

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 9, 2014
Sold by
Saucedo Maria G
Bought by
Saucedo Angel Gerardo
Seller's Agent
Mirna Martinez
ROA California Inc.
Buyer's Agent
Mirna Martinez
ROA California Inc.
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$289,656
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 11, 2014
Closed on
Mar 5, 2014
Sold by
Silva Maria Neli Ramirez
Bought by
Saucedo Hector Alejandro and Saucedo Angel Gerardo
Seller's Agent
Mirna Martinez
ROA California Inc.
Buyer's Agent
Mirna Martinez
ROA California Inc.
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,656
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2012
Sold by
Ramirez Ascencion
Bought by
Silva Maria Neli Ramirez

Purchase Details

Closed on
Jul 7, 2010
Sold by
Silva Maria Neli Ramirez
Bought by
Ramirez Ascencion

Purchase Details

Closed on
Jun 23, 2009
Sold by
Martinez Benjamin Barajas
Bought by
Silva Maria Neli Ramirez

Purchase Details

Closed on
Jun 18, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Silva Maria Neli Ramirez

Purchase Details

Closed on
May 7, 2008
Sold by
Rodriguez Coronado
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 13, 2007
Sold by
Rodriguez Coronado M
Bought by
Quality Lending and Tng Management

Purchase Details

Closed on
Oct 11, 2006
Sold by
Eula Mae Tarlton Revocable Living Trust
Bought by
Rodriguez Coronado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2004
Sold by
Tarlton Eula M and Tarlton Revocable Livin Eula M
Bought by
Tarlton Eula Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Tarlton Eula M
Bought by
Tarlton Eula M and Eula M Tarlton Revocable Living Trust
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
Sauce -- --
Saucedo Angel Gerardo -- Chicago Title
Saucedo Hector Alejandro $295,000 Chicago Title
Silva Maria Neli Ramirez -- None Available
Ramirez Ascencion -- None Available
Silva Maria Neli Ramirez -- First American Title Ins Co
Silva Maria Neli Ramirez $155,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $389,829 First American Title Ins Co
Quality Lending -- None Available
Rodriguez Coronado $425,000 Alliance
Tarlton Eula Mae -- California Counties Title Co
Tarlton Eula M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sauce $326,617
Closed Sauce --
Previous Owner Saucedo Hector Alejandro $289,656
Previous Owner Rodriguez Coronado $340,000
Previous Owner Tarlton Eula Mae $207,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2014 04/20/14 Sold $300,000 +1.7% $165 / Sq Ft
03/04/2014 03/04/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $295,000 -- $162 / 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 $7,730 $398,411 $172,032 $226,379
2024 $7,730 $390,600 $168,659 $221,941
2023 $7,617 $382,942 $165,352 $217,590
2022 $6,558 $375,434 $162,110 $213,324
2021 $6,621 $368,074 $158,932 $209,142
2020 $6,504 $364,301 $157,303 $206,998
2019 $6,430 $357,159 $154,219 $202,940
2018 $6,245 $350,157 $151,196 $198,961
2016 $5,439 $305,480 $119,085 $186,395
2015 $5,494 $300,893 $117,297 $183,596
2014 $4,347 $245,910 $122,955 $122,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14029455

California Regional Multiple Listing Service (CRMLS)

APN: 6167-004-011