NOT LISTED FOR SALE

1412 N Spring Ave Compton, CA 90221

Estimated Value: $561,000 - $688,787

2 Beds
2 Baths
1,388 Sq Ft
$462/Sq Ft Est. Value

Last Sold December 24, 2018

Last sale price $415,000 $299 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,354/month

58 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2018

Back on the market, Great Looking Duplex in Compton!!!!!!!!!!!!!! Both units 1 bedrooms and 1 bath each, total Updated Kitchen with Granite counter tops, new flooring, Recently updated kitchen cabinets, recess lighting, nice laminated floors throughout, updated plumbing, new windows, on back unit. Front unit has not been remodeled but is in very good condition, new painted exterior on both the front unit and the rear unit. The property has a long driveway with a nice gate. The property has a large backyard for the back unit to enjoy for bbq's and family gatherings, the property also has 2 car garage, this will not last do not miss the opportunity to live in this great property or to collect rental income.

Last Listed By

Martin Gonzalez

Realty Executives All Cities License #01204139 Listed on: 07/16/2018

Realty Executives All Cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,216

Year Built

  • Built in 1929

Lot Details

  • 5,880 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,388 Sq Ft Home
  • Laminate Flooring
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 7243
  • Assessor Parcel Number 6167012021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,050
  • Trash Expense $960
  • Water Sewer Expense $1,260
  • New Taxes Expense $8,380
  • Operating Expense $3,270
  • Gross Income $25,140
  • Net Operating Income $21,870

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,216

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1260.00
  • Zoning: CORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6167012021
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 298.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5880.00
  • Lot Size Acres: 0.1350

Multi Family

  • Average1 Bed Area: 694 Square Feet
  • Gross Income: 25140.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1050.00
  • Lot Size Area: 5880.0000 Square Feet
  • Net Operating Income: 21870.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3270.00
  • Rent Control: No
  • Total Expenses: 3270.00

Tax Info

  • New Taxes Expense: 8380.00
  • Tax Census Tract: 5416.03
  • Tax Lot: 123
  • Tax Tract Number: 7243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Chavez Zaragoza Javier Chavez and Chavez Nunez Maria Del Carmen
Bought by
Nunez Rodrigo Chavez and Cervantes Enriqueta
Total Days on Market
58
Current Estimated Value
$640,697

Purchase Details

Closed on
Oct 19, 2018
Sold by
Tejeda Gabriel
Bought by
Chavez Zaragoza Javier Chavez and Chavez Nunez Maria Del Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 2014
Sold by
Cerrillos Saul
Bought by
Tejeda Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,567
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2009
Sold by
Wells Fargo Bank Na
Bought by
Cerrillos Saul

Purchase Details

Closed on
Jun 2, 2009
Sold by
Cardona Eddie
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 1, 2004
Sold by
Affinity Properties Llc
Bought by
Cardona Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Johanns Kristen
Bought by
Affinity Properties Llc

Purchase Details

Closed on
Jan 7, 2004
Sold by
De La Cueva Group Inc
Bought by
Johanns Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,930
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Escudero James
Bought by
De La Cueva Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,930
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2002
Sold by
Kessler Phillipe J
Bought by
Escudero James

Purchase Details

Closed on
Jul 23, 2002
Sold by
Clark Robert A and Clark Joy J
Bought by
Kessler Phillipe J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
6.29%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Mcfarland Joseph A
Bought by
Clark Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2001
Sold by
Alliance Funding Company
Bought by
Mcfarland Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.24%

Purchase Details

Closed on
Oct 3, 2000
Sold by
Jimerson Dwight
Bought by
Alliance Funding Company

Purchase Details

Closed on
Dec 9, 1999
Sold by
Western Developments For Affordable Hous
Bought by
Jimerson Dwight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,100
Interest Rate
11.25%

Purchase Details

Closed on
Oct 2, 1998
Sold by
Hud
Bought by
Western Developments For Affordable Hous

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
6.63%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Oct 5, 1995
Sold by
Williams Ardelia M
Bought by
Bouvier Jacques

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,718
Interest Rate
7.47%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Nunez Rodrigo Chavez -- None Available
Chavez Zaragoza Javier Chavez $415,000 Old Republic Title Company
Tejeda Gabriel $290,000 Fidelity National Title
Cerrillos Saul $150,000 Lsi Title Company
Wells Fargo Bank Na $134,555 None Available
Cardona Eddie $308,000 Fatcola
Affinity Properties Llc -- --
Johanns Kristen $233,500 Security Union Title Insuran
De La Cueva Group -- --
Escudero James -- --
Kessler Phillipe J $215,000 First Southwestern Title Co
Clark Robert -- United Title Company
Mcfarland Joseph A $112,000 Fidelity Title
Alliance Funding Company -- Fidelity Title
Jimerson Dwight $166,000 Provident Title
Western Developments For Affordable Hous $101,500 --
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $152,780 Fidelity National Title Ins
Bouvier Jacques $144,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chavez Zaragoza Javier Chavez $407,483
Previous Owner Tejeda Gabriel $265,452
Previous Owner Tejeda Gabriel $265,567
Previous Owner Cardona Eddie $408,000
Previous Owner Cardona Eddie $51,000
Previous Owner Cardona Eddie $332,000
Previous Owner Cardona Eddie $41,500
Previous Owner Cardona Eddie $246,400
Previous Owner Johanns Kristen $174,930
Previous Owner Kessler Phillipe J $204,250
Previous Owner Mcfarland Joseph A $113,000
Previous Owner Mcfarland Joseph A $104,000
Previous Owner Jimerson Dwight $141,100
Previous Owner Western Developments For Affordable Hous $93,750
Previous Owner Bouvier Jacques $141,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2018 12/24/18 Sold $415,000 -1.0% $299 / Sq Ft
12/17/2018 12/17/18 For Sale $419,000 +1.0% $302 / Sq Ft
12/16/2018 12/16/18 Off Market $415,000 -- --
09/12/2018 09/12/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $419,000 +44.5% $302 / Sq Ft
01/21/2015 01/21/15 Sold $290,000 -3.0% $217 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/14/2014 06/14/14 For Sale $299,000 -- $223 / 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 $9,216 $475,733 $251,537 $224,196
2023 $8,734 $444,961 $230,522 $214,439
2022 $7,610 $436,237 $226,002 $210,235
2021 $7,571 $427,684 $221,571 $206,113
2020 $7,436 $423,300 $219,300 $204,000
2019 $7,351 $415,000 $215,000 $200,000
2018 $5,513 $306,316 $153,158 $153,158
2016 $5,246 $294,422 $147,211 $147,211
2015 $2,908 $161,099 $107,401 $53,698
2014 $2,864 $157,945 $105,298 $52,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18168348

California Regional Multiple Listing Service (CRMLS)

APN: 6167-012-021