NOT LISTED FOR SALE

1631 E Saunders St Compton, CA 90221

Estimated Value: $886,000 - $1,099,435

7 Beds
5 Baths
2,653 Sq Ft
$369/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $575,000 $217 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,247/month

242 Days on Market

About This Home

As of October 2016

Perfect for your Investors with a high income return. Next to recreational park with public swimming facility. (4- units) First unit consists of 3 bedrooms / 2 bath, second Unit: 2 bedrooms / 1 bath. Third and fourth units are both: 1 bath/ 1 bedroom each. Easy access to the 105 and 710 Freeways.

Last Agent to Sell the Property

Roger Martinez

20/20 Realtors, Inc. License #01758480 Listed on: 12/31/2015

Last Buyer's Agent

Yen-Chiung Liang

Home Team Realty License #00969433

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,172 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Landscaped
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 2,653 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 14585
  • Assessor Parcel Number 6184002037

Community Details

Overview

  • 9 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,100
  • Net Operating Income $34,440

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Parcel Number: 6184002037
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 216.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Yard
  • Lot Size Sq Ft: 5172.00
  • Price Per Lot Square Foot: 111.18
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Lot Size Area: 5172.0000 Square Feet
  • Net Operating Income: 34440.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 9
  • Operating Expense: 14650.00
  • Rent Control: No

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 14585
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2015
Closed on
Oct 19, 2016
Sold by
Franco Jesse
Bought by
Gan Lewin and Gan Eng Kuan
Seller's Agent
Roger Martinez
20/20 Realtors, Inc.
Buyer's Agent
Yen-Chiung Liang
Home Team Realty
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Current Estimated Value
$979,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,109
Avg. Annual Appreciation
5.97%
Original Mortgage
$431,250
Outstanding Balance
$345,508
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$633,601

Purchase Details

Listed on
Sep 11, 2015
Closed on
Sep 2, 2015
Sold by
Vindel Irma
Bought by
Franco Jesse and Zepeda Elia
Seller's Agent
Roger Martinez
20/20 Realtors, Inc.
Buyer's Agent
Roger Martinez
20/20 Realtors, Inc.
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.47%
Original Mortgage
$3,337,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2013
Sold by
Barrera Eusebio Sanchez
Bought by
Vindel Irma

Purchase Details

Closed on
Oct 29, 2012
Sold by
Castaneda Leonardo L
Bought by
Barrera Eusebio S

Purchase Details

Closed on
May 10, 2010
Sold by
Zana Corina
Bought by
Castaneda Leonardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2006
Sold by
Mgbojirikwe Remigius
Bought by
Zana Corina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2004
Sold by
Morachimo Jose M
Bought by
Mgbojirikwe Remigius and Mgbojirikwe Techla Nonye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Morachimo Jose Martin
Bought by
Morachimo Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,024
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2002
Sold by
Hart Community Inc
Bought by
Morachimo Jose Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,405
Interest Rate
6.74%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Hud
Bought by
Hart Community Homes Inc

Purchase Details

Closed on
Sep 8, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
May 3, 2000
Sold by
Landeros Jose F
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Sep 14, 1998
Sold by
Rodriguez Pedro
Bought by
Landeros Jose F and Perez Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,131
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1998
Sold by
Barbosa Francisco
Bought by
Rodriguez Pedro and Barbosa Francisco

Purchase Details

Closed on
Apr 23, 1997
Sold by
First Federal Bank Of California
Bought by
Barbosa Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.96%

Purchase Details

Closed on
Mar 4, 1997
Sold by
Lunn Philip
Bought by
First Federal Bank Of California and First Fsb Of California

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.96%
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
Gan Lewin $575,000 Fatcola
Franco Jesse $450,000 First American Title Company
Vindel Irma -- None Available
Barrera Eusebio S -- None Available
Castaneda Leonardo $340,000 Pct
Zana Corina $619,000 Transunion Title & Escrow Of
Mgbojirikwe Remigius $365,000 Landsafe Title
Morachimo Jose M -- Stewart Title Of Ca Inc
Morachimo Jose Martin $250,000 American Title Co
Hart Community Homes Inc $160,000 Benefit Land Title
Hud -- --
Chase Manhattan Mtg Corp $217,174 American Title
Landeros Jose F $199,000 First Southwestern Title Co
Rodriguez Pedro $199,000 Equity Title Company
Barbosa Francisco J $135,000 Equity Title
First Federal Bank Of California $105,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gan Lewin $431,250
Previous Owner Franco Jesse $3,337,500
Previous Owner Castaneda Leonardo $333,841
Previous Owner Zana Corina $495,200
Previous Owner Mgbojirikwe Remigius $255,500
Previous Owner Morachimo Jose M $249,024
Previous Owner Morachimo Jose Martin $237,405
Previous Owner Landeros Jose F $193,131
Previous Owner Barbosa Francisco J $110,000
Closed Mgbojirikwe Remigius $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2016 10/25/16 Sold $575,000 -11.5% $217 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $650,000 +44.4% $245 / Sq Ft
09/13/2015 09/13/15 Sold $450,000 0.0% $170 / Sq Ft View Prior Sale
05/27/2015 05/27/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $450,000 -- $170 / 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 $13,398 $667,331 $203,099 $464,232
2024 $13,398 $654,247 $199,117 $455,130
2023 $13,205 $641,419 $195,213 $446,206
2022 $14,025 $628,843 $191,386 $437,457
2021 $10,962 $616,514 $187,634 $428,880
2019 $12,103 $598,230 $182,070 $416,160
2018 $11,766 $586,500 $178,500 $408,000
2016 $9,263 $450,000 $150,000 $300,000
2015 $6,777 $307,381 $112,706 $194,675
2014 $6,680 $301,361 $110,499 $190,862
Source: Public Records

Agents Affiliated with this Home

  • Roger Martinez

    Seller's Agent in 2016

    Roger Martinez

    20/20 Realtors, Inc.

    (562) 688-3915

    8 Total Sales

    Roger Martinez
    Section Image

  • Y

    Buyer's Agent in 2016

    Yen-Chiung Liang

    Home Team Realty

    (310) 707-6336

    1 Total Sale

    Yen-Chiung Liang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16000127

California Regional Multiple Listing Service (CRMLS)

APN: 6184-002-037

California Los Angeles County Compton 90221

1631 E Saunders St, Compton, CA

Not Listed for Sale

MultiFamily

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