$251,000
SOLD NOV 20, 2013

216 W Cypress St Compton, CA 90220

4 Beds
2 Baths
2,136 Sq Ft
7,505 Sq Ft Lot

Recently Sold

$118 Per Sq Ft

14 Days on Market

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • Bungalow
  • No HOA
  • Laundry Room
  • Shed

About This Home

As of July 2016

3+1 Front house and 1+1 unit over the garage. The front house has been well maintained on the interior, but kitchen and bathrooms are original. Hardwood floors need to be refinished (throughout) and linoleum all should be replaced in kitchen, service porch and bathroom. The exterior of the building has a lot of deferred maintenance. Seller wants to sell the property in its "as-is" condition. There are no violations or citations on the property that we are aware of. Rear unit is over the garage and is currently uninhabitable (totally gutted out) and has been for quite some time. SELLER WOULD LIKE TO SELL THIS PROPERTY ALONG WITH 708 S. ACACIA AVE, COMPTON (separate APN #- 2 duplexes (4 units), see MLS #RS13201939). Both properties share the fenced in areas as common areas, but can be divided back into 2 separate parcels if necessary.

Last Agent to Sell the Property

Jamie Durity

eXp Realty License #01297368 Listed on: 10/02/2013

eXp Realty

Last Buyer's Agent

Eloy Villamil

ROA California Inc. License #01799836

ROA California Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,315

Year Built

  • Built in 1932

Lot Details

  • 7,505 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Flat Roof Shape
  • Raised Foundation
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,136 Sq Ft Home
  • Wood Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Doors are 32 inches wide or more
  • Shed
  • Two Homes on a Lot
  • Urban Location
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for ada upgrades, cable TV, electricity, gas
  • Tax Lot 6160
  • Tax Tract Number 8
  • Assessor Parcel Number 6160008002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,000
  • Trash Expense $480
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,100
  • Gross Income $2,600
  • Net Operating Income $27,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,315

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Bungalow
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 6160008002
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Price Per Square Foot: 117.51

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s), Two On A Lot
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat, Rolled/Hot Mop, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7505.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: ADA Upgrades, Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7505.0000 Square Feet
  • Net Operating Income: 27700.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3500.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3100.00
  • Tax Lot: 6160
  • Tax Tract Number: 008
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 30, 2016
Sold by
Oseguera Raul
Bought by
Garcia Gilberto Angeles and Espana Dayana
Seller's Agent
Ignacio Gutierrez
Pak Home Realty
Buyer's Agent
Cristina Corea
Stonewood Realty Group Inc.
List Price
$429,900
Sold Price
$445,000
Premium/Discount to List
$15,100
3.51%
Total Days on Market
14
Current Estimated Value
$750,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,515
Avg. Annual Appreciation
6.19%
Original Mortgage
$436,939
Outstanding Balance
$355,303
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$404,587

Purchase Details

Listed on
Oct 2, 2013
Closed on
Oct 23, 2013
Sold by
Gavin Linda Shields and The Elmer Shields Living Trust
Bought by
Oseguera Raul
Seller's Agent
Jamie Durity
eXp Realty
Buyer's Agent
Eloy Villamil
ROA California Inc.
List Price
$250,000
Sold Price
$251,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.32%

Purchase Details

Closed on
Jul 18, 2000
Sold by
Shields Gertrude O
Bought by
Shields Gertrude Olga and Shields Elmer
Source: Public Records

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 Type Sale Price Title Company
Grant Deed $445,000 North American Title Company
Grant Deed $251,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,939 FHA
Previous Owner $351,600 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2016 07/06/16 Sold $445,000 +3.5% $208 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $429,900 +71.3% $201 / Sq Ft
11/20/2013 11/20/13 Sold $251,000 +0.4% $118 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/02/2013 10/02/13 For Sale $250,000 -- $117 / 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 $9,315 $506,328 $199,117 $307,211
2023 $9,196 $496,401 $195,213 $301,188
2022 $8,352 $486,669 $191,386 $295,283
2021 $8,435 $477,128 $187,634 $289,494
2020 $8,284 $472,237 $185,711 $286,526
2019 $8,190 $462,978 $182,070 $280,908
2018 $7,952 $453,900 $178,500 $275,400
2016 $4,732 $259,917 $129,441 $130,476
2015 $4,527 $256,014 $127,497 $128,517
2014 $4,701 $251,000 $125,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13201004

California Regional Multiple Listing Service (CRMLS)

APN: 6160-008-002