NOT LISTED FOR SALE

1701 N Spring Ave Compton, CA 90221

Estimated Value: $623,000 - $769,000

4 Beds
2 Baths
1,801 Sq Ft
$399/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $550,000 $305 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,934/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • Double Pane Windows
  • Tile Flooring

About This Home

As of January 2020

Nice Duplex in the city of Compton, Front unit 2bedrooms 1bathroom and Back unit 2bedrooms 1bathroom.The front unit has been recently updated with dual-panel windows, laminated flooring, kitchen cabinets, granite countertops, recess lights, and bathroom vanity. Units are conveniently located near the 710, 105 and 91 freeways. Don't miss the opportunity to live in one unit and rent the other one.

Last Listed By

Roberto Rivas Cortes

Vismar Real Estate License #01977243 Listed on: 11/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,963

Year Built

  • Built in 1928

Lot Details

  • 5,659 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,801 Sq Ft Home
  • Double Pane Windows
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 95
  • Tax Tract Number 7243
  • Assessor Parcel Number 6167008024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $680
  • Operating Expense $6,180
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,963

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: CORM*
  • Property Type: Residential Income
  • Parcel Number: 6167008024
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 305.39
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5659.00
  • Lot Size Acres: 0.1299

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 680.00
  • Lot Size Area: 5659.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 6180.00

Tax Info

  • Tax Census Tract: 5416.03
  • Tax Lot: 95
  • Tax Tract Number: 7243

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Nov 23, 2019
Sold by
Altamirano Maria E
Bought by
Sampson Jamie
Seller's Agent
Roberto Rivas Cortes
Vismar Real Estate
Buyer's Agent
George Ruiz
VIP Real Estate Firm
List Price
$524,900
Sold Price
$550,000
Premium/Discount to List
$25,100
4.78%
Total Days on Market
3
Current Estimated Value
$718,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,168
Avg. Annual Appreciation
5.00%
Original Mortgage
$540,038
Interest Rate
4.25%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Sampson Jamie $550,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sampson Jamie $25,792
Closed Sampson Jamie $30,275
Open Sampson Jamie $65,438
Previous Owner Sampson Jamie $540,038
Previous Owner Altamirano Maria E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $550,000 0.0% $305 / Sq Ft
11/20/2019 11/20/19 Off Market $550,000 -- --
11/15/2019 11/15/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $524,900 -- $291 / 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 $10,963 $589,708 $294,854 $294,854
2023 $10,811 $578,146 $289,073 $289,073
2022 $9,552 $566,810 $283,405 $283,405
2021 $9,654 $555,698 $277,849 $277,849
2020 $4,123 $215,302 $86,119 $129,183
2019 $4,076 $211,081 $84,431 $126,650
2018 $3,927 $206,943 $82,776 $124,167
2016 $3,731 $198,909 $79,562 $119,347
2015 $3,573 $195,922 $78,367 $117,555
2014 $3,516 $192,085 $76,832 $115,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19263099

California Regional Multiple Listing Service (CRMLS)

APN: 6167-008-024