NOT LISTED FOR SALE

14626 S Atlantic Ave Compton, CA 90221

Estimated Value: $780,000 - $1,029,000

6 Beds
3 Baths
2,380 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $435,000 $183 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,363/month

19 Days on Market

About This Home

As of October 2015

First time owner special! Live in the front home, rent the 3 units in the back. The unit mix is one- 3 Bedroom 1 Bath home, and three- 1 Bedroom 1 Bath.

Last Agent to Sell the Property

Stephen Heri

S A Heri, Inc. License #01871726 Listed on: 09/14/2015

Last Buyer's Agent

Stephen Heri

S A Heri, Inc. License #01871726 Listed on: 09/14/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,971 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 10378
  • Assessor Parcel Number 6185007024

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,536
  • Trash Expense $125
  • Water Sewer Expense $125
  • New Taxes Expense $4,620
  • Gross Income $29,450
  • Net Operating Income $30,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 125.00
  • Property Type: Residential Income
  • Parcel Number: 6185007024
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 182.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 125.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 4971.00
  • Price Per Lot Square Foot: 84.49
  • Lot Size Acres: 0.1140

Multi Family

  • Gross Income: 29450.00
  • Gross Scheduled Income: 35340.00
  • Insurance Expense: 1536.00
  • Lot Size Area: 4971.0000 Square Feet
  • Net Operating Income: 30084.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 5256.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4620.00
  • Tax Lot: 2
  • Tax Tract Number: 10378

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Dec 22, 2015
Sold by
Moreno Manuel J and Moreno Sherie M
Bought by
Stamires Alexander
Seller's Agent
Stephen Heri
S A Heri, Inc.
Buyer's Agent
Stephen Heri
S A Heri, Inc.
List Price
$420,000
Sold Price
$435,000
Premium/Discount to List
$15,000
3.57%
Current Estimated Value
$864,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,047
Avg. Annual Appreciation
6.98%
Original Mortgage
$283,500
Outstanding Balance
$224,722
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$639,325

Purchase Details

Closed on
Nov 13, 2008
Sold by
Moreno Manuel and Moreno Susana
Bought by
Moreno Manuel

Purchase Details

Closed on
Oct 13, 2008
Sold by
3 Durango Properties Limited Partnership
Bought by
Moreno Manuel and Moreno Susana

Purchase Details

Closed on
Jun 23, 2008
Sold by
Blmi Properties Llc
Bought by
Moreno Manuel J and Moreno Sherie M

Purchase Details

Closed on
Aug 17, 2007
Sold by
Moreno Manuel J and Moreno Sherie M
Bought by
Blmi Properties Llc

Purchase Details

Closed on
Jun 11, 2007
Sold by
3 Durango Properties Lp
Bought by
Moreno Manuel

Purchase Details

Closed on
Aug 2, 1993
Sold by
Espinosa John L and Espinosa Sally L
Bought by
Moreno Manuel and Moreno Susana
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
Stamires Alexander $405,000 Commonwealth Land Title Co
Moreno Manuel -- None Available
Moreno Manuel -- None Available
3 Durango Properties -- None Available
Moreno Manuel J -- Accommodation
Blmi Properties Llc -- None Available
Moreno Manuel J -- None Available
Moreno Manuel -- None Available
Moreno Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamires Alexander $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2015 10/30/15 Sold $435,000 +3.6% $183 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $420,000 -- $176 / 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 $10,026 $479,431 $124,295 $355,136
2024 $10,026 $470,031 $121,858 $348,173
2023 $9,881 $460,816 $119,469 $341,347
2022 $10,588 $451,781 $117,127 $334,654
2021 $8,125 $442,924 $114,831 $328,093
2020 $9,154 $438,383 $113,654 $324,729
2019 $9,060 $429,788 $111,426 $318,362
2018 $7,676 $421,362 $109,242 $312,120
2016 $7,292 $405,000 $105,000 $300,000
2015 $4,686 $251,551 $97,821 $153,730
2014 $4,618 $246,624 $95,905 $150,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15205038

California Regional Multiple Listing Service (CRMLS)

APN: 6185-007-024