NOT LISTED FOR SALE

2038 E Nord St Compton, CA 90222

Estimated Value: $678,000 - $914,000

5 Beds
3 Baths
1,800 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $284,990 $158 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,329/month

222 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Compton Early College Rated 9+
  • Living Room
  • Tile Flooring

About This Home

As of May 2013

** BEAUTIFULLY RENOVATED DUPLEX! 1ST UNIT IS 3 BED 2 BATH & 2ND UNIT IS 1 BED + A DEN 1 BATH APPROX 1800 SQUARE FEET ON A 5000 SQFT LOT!! MOVE IN READY WITH ALL THE UPGRADES! ***FHA OFFERS WELCOME*** ***CONV & VA OFFERS WELCOME*** THIS HOME HAS NEW INTERIOR AND EXTERIOR PAINT, GRANITE COUNTER TOPS IN KITCHEN, NEW FIXTURES, SINKS, TILE FLOORING, UPGRADED PLUSH CARPET, ETC!!! A PERFECT SIZED FRONT LAWN AND PLENTY OF ROOM IN THE BACK YARD FOR ENTERTAINING. HOME IS ON A QUIET STREET AND NEARBY THE 710/110/105 FREEWAY WITH EASY ACCESS. READY TO MOVE IN IMMEDIATELY. PRICED TO SELL, THIS HOME WILL NOT LAST LONG. SELLER UNAWARE OF PERMIT STATUS. BUYER TO VERIFY ALL INFO FOR ITS ACCURACY. (APPLIANCES WILL BE INSTALLED PRIOR TO CLOSE OF ESCROW)

Last Agent to Sell the Property

JESSICA TRAN

PLATINUM REAL ESTATE GROUP License #01338491 Listed on: 03/28/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,316

Year Built

  • Built in 1937

Lot Details

  • 5,000

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 5,000 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 14 / H
  • Tax Tract Number 5414
  • Assessor Parcel Number 6152017009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $480
  • Maintenance Expense $300
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $3,640
  • Gross Income $2,100
  • Net Operating Income $17,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,316

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Assessments: Yes
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 6152017009
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Levels: Two
  • Price Per Square Foot: 158.33
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Trash Expense: 600.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 480.00
  • Lot Size Area: 5000.0000 Square Feet
  • Maintenance Expense: 300.00
  • Net Operating Income: 17840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3640.00
  • Tax Block: H
  • Tax Lot: 14
  • Tax Tract Number: 5414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2013
Closed on
May 29, 2013
Sold by
Shark Investments Llc
Bought by
Arredondo Felix
Seller's Agent
JESSICA TRAN
PLATINUM REAL ESTATE GROUP
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$299,990
Sold Price
$284,990
Premium/Discount to List
-$15,000
-5%
Current Estimated Value
$740,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,988
Avg. Annual Appreciation
7.92%
Original Mortgage
$279,827
Outstanding Balance
$199,141
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$541,837

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jun 4, 2012
Sold by
The Bank Of New York Mellon
Bought by
Shark Investments Llc
Seller's Agent
Lino Ponce
Lino Ponce, Broker
Buyer's Agent
Lino Ponce
Lino Ponce, Broker
List Price
$169,900
Sold Price
$130,000
Premium/Discount to List
-$39,900
-23.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.50%
Original Mortgage
$99,693
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2011
Sold by
Figueroa Cirilo
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 17, 2003
Sold by
Figueroa Julio
Bought by
Figueroa Cirilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1998
Sold by
Marquez Jesus
Bought by
Figueroa Julio and Figueroa Cirilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,458
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 1996
Sold by
Marquez Jesus and Marquez Salvador
Bought by
Marquez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,775
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arredondo Felix $285,000 Landsafe Title Of Ca Inc
Shark Investments Llc $130,000 Stewart Title Of California
The Bank Of New York Mellon $175,500 Landsafe Title
Figueroa Cirilo -- Ticor Title
Figueroa Julio $136,000 American Title Co
Marquez Jesus -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arredondo Felix $279,827
Previous Owner Shark Investments Llc $99,693
Previous Owner Figueroa Cirilo $161,500
Previous Owner Figueroa Julio $134,458
Previous Owner Marquez Jesus $116,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2013 05/31/13 Sold $284,990 -5.0% $158 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
09/07/2012 09/07/12 For Sale $299,990 +130.8% $167 / Sq Ft
07/18/2012 07/18/12 Sold $130,000 -23.5% $119 / Sq Ft View Prior Sale
07/04/2012 07/04/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $169,900 +30.7% $155 / Sq Ft
06/10/2012 06/10/12 Sold $130,000 -23.5% $119 / Sq Ft View Prior Sale
05/16/2012 05/16/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $169,900 -- $155 / 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 $5,316 $350,945 $209,337 $141,608
2024 $5,316 $344,065 $205,233 $138,832
2023 $5,084 $337,319 $201,209 $136,110
2022 $4,757 $330,706 $197,264 $133,442
2021 $4,835 $324,223 $193,397 $130,826
2020 $4,744 $320,899 $191,414 $129,485
2019 $4,704 $314,608 $187,661 $126,947
2018 $4,581 $308,440 $183,982 $124,458
2016 $4,347 $296,465 $176,839 $119,626
2015 $4,133 $292,013 $174,183 $117,830
2014 $4,352 $286,293 $170,771 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12112390

California Regional Multiple Listing Service (CRMLS)

APN: 6152-017-009