NOT LISTED FOR SALE

1524 S Tamarind Ave Compton, CA 90220

Estimated Value: $767,000 - $1,151,000

8 Beds
5 Baths
3,447 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 22, 2012

Last sale price $368,000 $107 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $6,057/month

390 Days on Market

Highlights

  • Contemporary Architecture
  • Tile Flooring
  • No Heating

About This Home

As of March 2012

SHORT SALE, Nice and Classic Property, 3 Units on a large Lot. Property needs some work, most likely will not qualify for FHA Financing.

Last Agent to Sell the Property

Beatriz Herrera

Anguiano and Associates, Inc. License #01039560 Listed on: 01/05/2011

Last Buyer's Agent

Beatriz Herrera

Anguiano and Associates, Inc. License #01039560 Listed on: 01/05/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,718

Year Built

  • Built in 1947

Lot Details

  • 10,585

Parking

  • 6 Parking Spaces

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,447 Sq Ft Home
  • Tile Flooring

Utilities

  • No Heating

Listing and Financial Details

  • Tax Tract Number 2883
  • Assessor Parcel Number 6163022007

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,718

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 0.45
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6163022007
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: No
  • Price Per Square Foot: 106.76

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Multiplier: 160.98
  • Gross Scheduled Income: 2050.00
  • Net Operating Income: 1500.00
  • Number Of Units Total: 3
  • Operating Expense: 550.00

Tax Info

  • Tax Tract: Custom
  • Tax Tract Number: 2883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2017
Sold by
Rivera Heladio and Rivera Gloria
Bought by
Rivera Heladio and Rivera Gloria
Total Days on Market
390
Current Estimated Value
$983,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,825
Outstanding Balance
$331,638
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$652,808

Purchase Details

Closed on
May 1, 2016
Sold by
Rivera Galvan Heladio and Rivera Gloria
Bought by
Rivera Galvan Heladio and Rivera Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,773
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2015
Sold by
Rivera Galvan Heladio and Rivera Gloria
Bought by
Rivera Galvan Heladio and Rivera Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,037
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2011
Sold by
Muniz Cindy and Solis Claudia
Bought by
Rivera Heladio and Rivera Gloria

Purchase Details

Closed on
Jul 8, 2011
Sold by
Sydney Properties Llc
Bought by
Muniz Cindy and Solis Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,671
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2011
Sold by
Rivera Heladio and Rivera Gloria
Bought by
Sydney Properties Llc

Purchase Details

Closed on
Dec 16, 2010
Sold by
Martinez Michael and The Fred Reese Ginger Reese Ke
Bought by
Galvan Heladio Rivera and Rivera Gloria

Purchase Details

Closed on
Jun 2, 2010
Sold by
Galvan Heladio Rivera and Rivera Gloria
Bought by
Martinez Michael and The Fred & Ginger Reese & Ken

Purchase Details

Closed on
Feb 7, 2005
Sold by
Rivera Gilberto G and Govea Julio C
Bought by
Rivera Heladio and Rivera Gloria

Purchase Details

Closed on
May 14, 1999
Sold by
Mcdowell Barbara
Bought by
Rivera Gilberto G and Govea Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,700
Interest Rate
7.82%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Rivera Heladio -- Lawyers Title
Rivera Galvan Heladio -- Pct
Rivera Galvan Heladio -- Lawyers Title
Rivera Heladio -- None Available
Muniz Cindy $368,000 Pacific Coast Title Company
Sydney Properties Llc $255,000 Lps Default Title & Closing
Galvan Heladio Rivera -- None Available
Martinez Michael -- None Available
Rivera Heladio -- --
Rivera Gilberto G $159,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Heladio $35,000
Open Rivera Heladio $396,825
Closed Rivera Galvan Heladio $364,773
Closed Rivera Galvan Heladio $351,037
Previous Owner Muniz Cindy $358,671
Previous Owner Rivera Heladio $57,900
Previous Owner Rivera Heladio $500,000
Previous Owner Rivera Heladio $40,000
Previous Owner Rivera Heladio $436,000
Previous Owner Rivera Heladio $285,000
Previous Owner Rivera Gilberto G $157,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2012 03/22/12 Sold $368,000 +11.5% $107 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
01/05/2011 01/05/11 For Sale $330,000 -- $96 / 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 $6,718 $301,808 $150,904 $150,904
2023 $6,620 $295,892 $147,946 $147,946
2022 $5,646 $290,092 $145,046 $145,046
2021 $5,677 $284,404 $142,202 $142,202
2020 $5,585 $281,488 $140,744 $140,744
2019 $5,523 $275,970 $137,985 $137,985
2018 $5,275 $270,560 $135,280 $135,280
2016 $4,999 $260,056 $130,028 $130,028
2015 $4,791 $256,150 $128,075 $128,075
2014 $4,720 $251,134 $125,567 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P764771

California Regional Multiple Listing Service (CRMLS)

APN: 6163-022-007