NOT LISTED FOR SALE

1616 N Wilmington Ave Compton, CA 90222

Compton Area
1 Bed
1 Bath
4,896 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: August 6, 2012

Last sale price $490,000 $100 Per Sq Ft

248 Days on Market

Highlights

  • Gated Parking
  • 11,526 Sq Ft lot
  • Open Patio
  • Benjamin O. Davis Middle School Rated 9+
  • Fenced Yard
  • Rectangular Lot

About This Home

As of August 2012

Bankcruptcy Court Sale. All information provided by Debtor. Seller nor Broker makes any warranties. Buyer to perform all due diligence and confirm income and expenses. All offers subject to bankcruptcy court approval and possible overbid; property sold "as-is"; addendum to accompany all offers.

Last Agent to Sell the Property

Bill Friedman

Coldwell Banker Realty License #00672015 Listed on: 11/01/2011

Coldwell Banker Realty

Last Buyer's Agent

Mike Iryami

BRC Advisors- BH License #01825516

BRC Advisors- BH
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 11,526 Sq Ft Lot
  • Fenced Yard
  • Rectangular Lot

Home Design

  • Shingle Roof

Interior Spaces

  • 4,896 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • 12 Parking Spaces
  • Gated Parking
  • Uncovered Parking

Outdoor Features

  • Open Patio

Community Details

  • 12 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6155-014-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4896
  • Stories: 2
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 142.77

Exterior Features

  • Construction: Frame and Stucco
  • Patio: Patio Open
  • Pool: No
  • Roof: Shingle

Garage/Parking

  • Parking Garage: Gated, Uncovered
  • Total Parking: 12

Lot Info

  • Assessed Improvement Value: 233465
  • Assessed Land Value: 530604
  • Assessor Parcel Number: 6155-014-016
  • Lot Description: Fenced, Fenced Yard, Lot Shape-Rectangular
  • Lot Size Area: 11526

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106
  • Number Of Units: 12
  • Type Of Units: Multi-Family

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2011
Closed on
Aug 23, 2012
Sold by
Bought by
Seller's Agent
Bill Friedman
Coldwell Banker Realty
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$775,000
Sold Price
$490,000
Premium/Discount to List
-$285,000
-36.77%

Purchase Details

Listed on
Nov 1, 2011
Closed on
Jul 27, 2012
Sold by
Bought by
Seller's Agent
Bill Friedman
Coldwell Banker Realty
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$775,000
Sold Price
$490,000
Premium/Discount to List
-$285,000
-36.77%

Purchase Details

Listed on
Nov 1, 2011
Closed on
Jul 5, 2012
Sold by
Bought by
Seller's Agent
Bill Friedman
Coldwell Banker Realty
Buyer's Agent
Mike Iryami
BRC Advisors- BH
List Price
$775,000
Sold Price
$490,000
Premium/Discount to List
-$285,000
-36.77%

Purchase Details

Closed on
Aug 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$490,000 Advantage Title Company
-- Advantage Title Inc
-- Lawyers Title Ins
-- Lawyers Title
$103,500 Gateway Title
$220,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $895,011
Closed $665,000
Previous Owner $275,000
Previous Owner $50,000
Previous Owner $28,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/06/2012 08/06/12 Sold $490,000 -36.8% $100 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
11/01/2011 11/01/11 For Sale $775,000 -- $158 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,351 $603,388 $197,024 $406,364
2024 $12,199 $591,558 $193,161 $398,397
2023 $12,062 $579,960 $189,374 $390,586
2022 $11,444 $568,589 $185,661 $382,928
2021 $11,505 $557,441 $182,021 $375,420
2019 $11,187 $540,909 $176,623 $364,286
2018 $10,909 $530,304 $173,160 $357,144
2016 $10,309 $509,714 $166,437 $343,277
2015 $9,882 $502,058 $163,937 $338,121
2014 $9,764 $492,224 $160,726 $331,498
Source: Public Records

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Map

Source: The MLS

MLS Number: 11-565741

The MLS
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