NOT LISTED FOR SALE

Estimated Value: $720,000 - $821,000

5 Beds
3 Baths
1,872 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $470,000 $251 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,978/month

235 Days on Market

Highlights

  • Attached Carport
  • Gated Home
  • 1-Story Property
  • Ceiling Fan

About This Home

As of June 2017

JUST REDUCED!Take advantage of this amazing opportunity in the City of Compton. The property features two units, front 3 berdroom/ 2 bath and back 2 bedroom/1 bath. This property has been well maintained and each includes their own parking spaces, laundry facilities and large yard both attached by a big patio. LOTS OF UP GRADES, PRIDE OF OWNERSHIP VERY WELL KEEP UNITS. The property is conveniently located off the 91 freeway/710 fwy and is close to schools, parks, stores. Property will be vacant at the close of escrow. IN AS IS CONDITIONS

Last Agent to Sell the Property

Judith Combes

Spalding & Associates License #01856931 Listed on: 08/26/2016

Last Buyer's Agent

Maria De Jesus De Santiago

Pak Home Realty License #01724254

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,808 Sq Ft Lot
  • Gated Home

Home Design

  • Asbestos Shingle Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • Attached Carport

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 7302-017-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,000

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1872
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave
  • Price Per S Q F T: 266.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Asbestos Shingle
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached
  • Total Parking: 5

Utilities

  • Water Heater: Electric
  • Cooling: Wall Unit(s)
  • Heating: Combination
  • Security: Gated
  • Water: In Street

Lot Info

  • Assessed Improvement Value: 219516
  • Assessed Land Value: 177349
  • Assessor Parcel Number: 7302-017-002
  • Geocode Override: No
  • Lot Size Area: 5808

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Jun 10, 2017
Sold by
Magana Marta
Bought by
Hernandez Fernando Magana
Seller's Agent
Judith Combes
Spalding & Associates
Buyer's Agent
Maria De Jesus De Santiago
Pak Home Realty
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Current Estimated Value
$780,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,636
Avg. Annual Appreciation
6.49%
Original Mortgage
$489,961
Outstanding Balance
$410,138
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$370,498

Purchase Details

Listed on
Aug 26, 2016
Closed on
May 19, 2017
Sold by
Bolanos Yesica A and Bolanos Jose
Bought by
Magana Magana Daniel Garcia Daniel Garcia and Magana Hernandez Fernando
Seller's Agent
Judith Combes
Spalding & Associates
Buyer's Agent
Maria De Jesus De Santiago
Pak Home Realty
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,961
Outstanding Balance
$410,138
Interest Rate
3.99%
Mortgage Type
FHA
Estimated Equity
$370,498

Purchase Details

Closed on
Sep 11, 2007
Sold by
Paredes Wilber A
Bought by
Bolanos Yesica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2004
Sold by
Richard Janelle E
Bought by
Bolanos Yesica A and Bolanos Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Williams Byrd Jr Phillip E and Williams Byrd Terri
Bought by
Richard Janelle E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,068
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hernandez Fernando Magana -- Title 365
Magana Magana Daniel Garcia Daniel Garcia $499,000 Title 365
Bolanos Yesica A -- Chicago Title Co
Bolanos Yesica A $258,000 Fatcola
Richard Janelle E $125,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magana Daniel Garcia $20,803
Open Magana Magana Daniel Garcia Daniel Garcia $489,961
Previous Owner Bolanos Yesica A $441,000
Previous Owner Bolanos Jose E $105,000
Previous Owner Bolanos Yesica A $280,000
Previous Owner Bolanos Yesica A $70,000
Previous Owner Bolanos Yesica A $258,000
Previous Owner Richard Janelle E $147,000
Previous Owner Richard Janelle E $123,068
Previous Owner Byrd Phillip E $68,350
Previous Owner Byrd Phillip E $35,000
Closed Richard Janelle E $3,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2017 06/22/17 Sold $470,000 -5.8% $251 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $499,000 +6.2% $267 / Sq Ft
02/26/2017 02/26/17 Off Market $470,000 -- --
02/02/2017 02/02/17 For Sale $499,000 0.0% $267 / Sq Ft
02/02/2017 02/02/17 Price Changed $499,000 +6.2% $267 / Sq Ft
01/26/2017 01/26/17 Off Market $470,000 -- --
11/03/2016 11/03/16 Price Changed $579,000 -2.7% $309 / Sq Ft
08/26/2016 08/26/16 For Sale $595,000 -- $318 / 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
2024 $8,000 $567,771 $226,424 $341,347
2023 $7,732 $556,639 $221,985 $334,654
2022 $7,205 $545,726 $217,633 $328,093
2021 $7,345 $535,026 $213,366 $321,660
2020 $7,200 $529,541 $211,179 $318,362
2019 $7,140 $519,159 $207,039 $312,120
2018 $6,929 $508,980 $202,980 $306,000
2016 $5,502 $402,916 $180,053 $222,863
2015 $5,217 $396,865 $177,349 $219,516
2014 $5,126 $389,091 $173,875 $215,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-157194

The MLS

APN: 7302-017-002