NOT LISTED FOR SALE

1317 N Culver Ave Compton, CA 90222

Estimated Value: $602,000 - $751,000

4 Beds
2 Baths
924 Sq Ft
$730/Sq Ft Est. Value

Last Sold September 30, 2013

Last sale price $360,000 $390 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,203/month

33 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 1-Story Property
  • Carpet

About This Home

As of September 2013

1317 & 1317 1/2 Culver Avenue. Located on a quiet street in a great neighborhood. 2 beautifully remodeled homes on a 7503 SF lot. Front house is 3 bedrooms, 1 bath - 924 SF. Back house is 1 bedroom, 1 bath - 406 SF. Both homes are freshly painted inside & out, have all new carpet & baseboards, new raised panel interior doors, new entry doors & hardware, new mirrored wardrobe doors, new ceiling fans and all new faucets & fixtures throughout. Both kitchens are totally remodeled with granite counters, tile flooring and new cabinets. Both houses have totally remodeled bathrooms with custom travertine tub surrounds, tile flooring, new vanities & sinks, new toilets, mirrors and lighting. The back house has all new dual pane windows, new stucco, a new dimensional composition roof, a new wall heater, and a separate laundry area. 2 car detached garage with new drywall, epoxy-coated floor, new sectional roll-up garage door and laundry hook-ups. Both homes have copper plumbing. Large driveway - lots of parking space. Separate gas, water & electrical meters for both houses. Alley access with large gate - Room to park your RV! Standard sale... no special conditions. Close to schools, parks, shopping and freeways. Ready for you to move right in!

Last Agent to Sell the Property

Johnny Salas

Home Base Realty Inc License #00902042 Listed on: 08/23/2013

Home Base Realty Inc

Last Buyer's Agent

Memo Gamboa

Century 21 Allstars License #01223544

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 7,503 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Chain Link Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 6153025006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,080
  • Maintenance Expense $600
  • Trash Expense $1,920
  • New Taxes Expense $4,608
  • Gross Income $2,500
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 6153025006
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 389.61

Exterior Features

  • Foundation: Raised
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Garage
  • Trash Expense: 1920.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 7503.00
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 7503.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 27000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Operating Expense: 3000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4608.00
  • Tax Lot: 9
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2014
Sold by
Salas Johnny and Salas Brenda
Bought by
Aceves George and Pereda Nancy
Current Estimated Value
$674,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,985
Outstanding Balance
$265,284
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$409,497

Purchase Details

Closed on
May 24, 2013
Sold by
Ledesma Jennie
Bought by
Caro Robert and Caro Arthur

Purchase Details

Closed on
May 24, 2012
Sold by
Ledesma Robert
Bought by
Caro Robert and Caro Arthur

Purchase Details

Closed on
May 22, 2012
Sold by
Caro Robert and Caro Arthur
Bought by
Salas Johnny and Salas Brenda

Purchase Details

Closed on
May 9, 2012
Sold by
Varela Josephine
Bought by
Caro Robert and Caro Arthur
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Aceves George $380,000 Usa National Title Co
Caro Robert -- None Available
Caro Robert -- None Available
Salas Johnny $75,000 Ticor Title Company
Caro Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceves George $347,985
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $360,000 0.0% $390 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $360,000 -- $390 / 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 $8,517 $456,691 $180,271 $276,420
2024 $8,517 $447,737 $176,737 $271,000
2023 $8,392 $438,959 $173,272 $265,687
2022 $7,282 $430,353 $169,875 $260,478
2021 $7,356 $421,916 $166,545 $255,371
2020 $7,225 $417,591 $164,838 $252,753
2019 $7,140 $409,404 $161,606 $247,798
2018 $6,906 $401,378 $158,438 $242,940
2016 $6,569 $385,794 $152,287 $233,507
2015 $6,271 $380,000 $150,000 $230,000
2014 $2,367 $120,544 $60,272 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13142400

California Regional Multiple Listing Service (CRMLS)

APN: 6153-025-006