NOT LISTED FOR SALE

1412 S Wilmington Ave Compton, CA 90220

Estimated Value: $877,000 - $962,000

7 Beds
3 Baths
2,595 Sq Ft
$354/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $550,000 $212 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,860/month

9 Days on Market

Highlights

  • Ceiling Fan
  • 1-Story Property
  • 4-minute walk to Greenleaf Parkway

About This Home

As of August 2017

Great investment opportunity! Recently remodeled triplex with 2 current vacancies. New landscaping. 2, 2 bedroom 1 bath units and 1, 3 bedroom 1 bath unit with 3 car garage parking. Units are individually metered for gas and power. Perfect for owner occupancy or investment.

Last Agent to Sell the Property

Alexander McCallop

eXp Realty of Southern California, Inc. License #01995997 Listed on: 07/10/2017

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Marco Garcia

License #01188916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,903

Year Built

  • Built in 1955

Lot Details

  • 6,225

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,595 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,225 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6162-004-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,903

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2595
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 208.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 1 Car, Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 235000
  • Assessed Land Value: 150000
  • Assessor Parcel Number: 6162-004-026
  • Geocode Override: No
  • Lot Size Area: 6225

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 30.00
  • Number Of Units: 3
  • Total Annual Expense: 8000
  • Type Of Units: Triplex
  • Vacancy Rate: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Jul 28, 2017
Sold by
Christopher James P
Bought by
Flores Laura Nalleli and Martin Adam Dale
Seller's Agent
Alexander McCallop
eXp Realty of Southern California, Inc.
Buyer's Agent
Marco Garcia
List Price
$540,000
Sold Price
$550,000
Premium/Discount to List
$10,000
1.85%
Current Estimated Value
$918,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,256
Avg. Annual Appreciation
6.50%
Original Mortgage
$522,500
Outstanding Balance
$436,807
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$481,449

Purchase Details

Listed on
Aug 24, 2015
Closed on
Nov 9, 2015
Sold by
Harvey Frank
Bought by
Christopher James P
Seller's Agent
Janeth Pazmino
Keller Williams SELA
Buyer's Agent
Kenneth Booker
TM Real Estate Brokers
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.19%
Original Mortgage
$288,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2008
Sold by
The Bank Of New York Mellon
Bought by
Harvey Frank and Harvey Krista Shepherd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,925
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2007
Sold by
Bullock Donald
Bought by
Bank Of New York and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bullock Donald
Bought by
Mcgirt Tracy D

Purchase Details

Closed on
Jul 2, 2004
Sold by
Affinity Properties Llc
Bought by
Bullock Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2004
Sold by
Johanns Kristen
Bought by
Affinity Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2003
Sold by
Investment Management M & L 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
$238,235
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2003
Sold by
Perez Abel
Bought by
Investment Management M & L Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,235
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Perez Abel
Bought by
Perez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,950
Interest Rate
7.75%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Morequity Inc
Bought by
Perez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
7.12%

Purchase Details

Closed on
Sep 11, 2000
Sold by
Yeargin William A
Bought by
Morequity Inc

Purchase Details

Closed on
Aug 27, 1998
Sold by
Yeargin Alma J
Bought by
Yeargin William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
11%

Purchase Details

Closed on
Feb 25, 1994
Sold by
Yeargin William A
Bought by
Yeargin William A and Yeargin Alma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
8.79%
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 Buyer Sale Price Title Company
Flores Laura Nalleli $550,000 Progressive Title Company
Christopher James P $385,000 Fidelity National Title Co
Harvey Frank $280,000 Lawyers Title Company
Bank Of New York $411,000 Accommodation
Mcgirt Tracy D -- --
Bullock Donald $419,000 Fatcola
Affinity Properties Llc -- --
Johanns Kristen $265,000 Fidelity National Title Co
Investment Management M & L Inc -- Fidelity National Title Co
Perez Abel -- Stewart Title Of Ca Inc
Perez Abel $155,000 Fidelity National Title
Morequity Inc $115,000 First Southwestern Title
Yeargin William A -- Fidelity National Title
Yeargin William A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Laura Nalleli $522,500
Previous Owner Christopher James P $288,750
Previous Owner Harvey Frank $209,925
Previous Owner Bullock Donald $335,200
Previous Owner Johanns Kristen $238,235
Previous Owner Perez Abel $209,950
Previous Owner Perez Abel $149,500
Previous Owner Yeargin William A $154,000
Previous Owner Yeargin William A $127,000
Closed Bullock Donald $41,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2017 08/25/17 Sold $550,000 +1.9% $212 / Sq Ft
07/10/2017 07/10/17 For Sale $540,000 +40.3% $208 / Sq Ft
11/13/2015 11/13/15 Sold $385,000 -3.5% $148 / Sq Ft View Prior Sale
10/11/2015 10/11/15 Pending -- -- --
08/24/2015 08/24/15 For Sale $399,000 -- $154 / Sq Ft
Source: The MLS

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 $11,903 $625,801 $199,118 $426,683
2024 $11,903 $613,531 $195,214 $418,317
2023 $11,728 $601,502 $191,387 $410,115
2022 $10,111 $589,709 $187,635 $402,074
2021 $10,210 $578,147 $183,956 $394,191
2019 $9,911 $561,000 $178,500 $382,500
2018 $9,659 $550,000 $175,000 $375,000
2016 $6,875 $385,000 $150,000 $235,000
2015 $5,342 $299,903 $214,294 $85,609
2014 $5,254 $294,030 $210,097 $83,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-250370

The MLS

APN: 6162-004-026