NOT LISTED FOR SALE

221 N Spring Ave Compton, CA 90221

Estimated Value: $686,000 - $760,000

5 Beds
3 Baths
1,876 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $452,000 $241 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,605/month

41 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 3-minute walk to Wilson Park
  • Level Lot
  • Front Yard

About This Home

As of July 2017

This a grate opportunity to own 2 house on one lot. Live in one and rent the other. The owner has taken very good care of this 2
houses on a lot. Back house has a detached 2 car garage. The front house has a long driveway with plenty of parking space for 3
cars. Your client will love this duplex.
EXCLUSIONS:

Last Agent to Sell the Property

Francisco Ramirez

Realty Masters & Associates License #01418376 Listed on: 04/30/2017

Realty Masters & Associates

Last Buyer's Agent

Diana Cifuentes

Keller Williams South Bay License #02011257

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,348 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,876 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Location

  • Urban Location
  • Suburban Location

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 5085
  • Assessor Parcel Number 6166017024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $720
  • Trash Expense $480
  • Operating Expense $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: COPRH*
  • Property Type: Residential Income
  • Parcel Number: 6166017024
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 240.94

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: Common Area, Gas Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level
  • Lot Size Sq Ft: 6348.00
  • Lot Size Acres: 0.1457

Multi Family

  • Insurance Expense: 720.00
  • Lot Size Area: 6348.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 1200.00

Tax Info

  • Tax Census Tract: 5416.06
  • Tax Lot: 27
  • Tax Tract Number: 5085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2019
Sold by
Guardado Alirio Salvador Oreliana and Rodriguez Maira Navar
Bought by
Orellana Alirio and Navar Maira
Current Estimated Value
$725,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,208
Outstanding Balance
$390,618
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$335,096

Purchase Details

Listed on
Apr 30, 2017
Closed on
May 24, 2017
Sold by
Garcia Jesus and Islas Maria Adriana
Bought by
Guardano Alirio Salvador Orellana and Rodriguez Maira Navar
Seller's Agent
Francisco Ramirez
Realty Masters & Associates
Buyer's Agent
Diana Cifuentes
Keller Williams South Bay
List Price
$460,000
Sold Price
$452,000
Premium/Discount to List
-$8,000
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$443,813
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 15, 2015
Sold by
Garcia Alondra
Bought by
Garcia Jesus
Seller's Agent
Isabel Sanchez
First Class Real Estate
Buyer's Agent
Francisco Ramirez
Realty Masters & Associates
List Price
$370,000
Sold Price
$375,000
Premium/Discount to List
$5,000
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$368,207
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 8, 2015
Sold by
Barrientos Mayra C
Bought by
Islas Maria Adriana and Garcia Jesus
Seller's Agent
Isabel Sanchez
First Class Real Estate
Buyer's Agent
Francisco Ramirez
Realty Masters & Associates
List Price
$370,000
Sold Price
$375,000
Premium/Discount to List
$5,000
1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2010
Sold by
Monterrosa Rosario
Bought by
Barrientos Mayra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,478
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2010
Sold by
Duarte Juan Carlos
Bought by
Monterrosa Rosario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,478
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2010
Sold by
Alvarado Hugo
Bought by
Monterrosa Rosario

Purchase Details

Closed on
Nov 10, 2009
Sold by
Resmae Mortgage Corporation
Bought by
Uni Source Llc

Purchase Details

Closed on
Jul 23, 2009
Sold by
Santiago Alfonso
Bought by
Resmae Mortgage Corporation

Purchase Details

Closed on
Jul 14, 2005
Sold by
Santiago Alfonso
Bought by
Santiago Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Bought by
Santiago Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2003
Sold by
Santiago Alfonso and Bernal Leticia
Bought by
Santiago Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1995
Sold by
Ceballos Cande
Bought by
Santiago Alfonso and Bernal Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,546
Interest Rate
8.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1995
Sold by
Ceballos Maria G
Bought by
Ceballos Cande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,546
Interest Rate
8.43%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1993
Sold by
Specialized Inc
Bought by
Transohio Svgs Bank

Purchase Details

Closed on
Oct 7, 1993
Sold by
Transohio Svgs Bank
Bought by
Hud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orellana Alirio -- Fidelity National Title Co
Guardano Alirio Salvador Orellana $452,000 Priority Title Company
Garcia Jesus -- Usa National Title Co
Islas Maria Adriana $375,000 Usa National Title
Barrientos Mayra C $265,000 Stewart Title Of California
Monterrosa Rosario -- Accommodation
Monterrosa Rosario -- Accommodation
Monterrosa Rosario -- None Available
Uni Source Llc -- Orange Coast Title Company O
Resmae Mortgage Corporation $219,607 Servicelink
Santiago Alfonso -- Stewart Title Of Ca Inc
Santiago Alfonso -- Equity Title Company
Santiago Alfonso -- Equity Title Company
Santiago Alfonso $177,000 Southland Title
Ceballos Cande -- California Counties Title Co
Transohio Svgs Bank $176,019 --
Hud -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orellana Alirio $448,208
Previous Owner Guardano Alirio Salvador Orellana $443,813
Previous Owner Islas Maria Adriana $368,207
Previous Owner Barrientos Mayra C $261,478
Previous Owner Santiago Alfonso $300,000
Previous Owner Santiago Alfonso $202,500
Previous Owner Santiago Alfonso $202,500
Previous Owner Santiago Alfonso $172,546
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2017 07/21/17 Sold $452,000 -1.7% $241 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $460,000 +22.7% $245 / Sq Ft
02/12/2015 02/12/15 Sold $375,000 +1.4% $200 / Sq Ft View Prior Sale
11/20/2014 11/20/14 Pending -- -- --
11/07/2014 11/07/14 For Sale $370,000 -- $198 / 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 $9,638 $514,294 $172,947 $341,347
2024 $9,638 $504,210 $169,556 $334,654
2023 $9,503 $494,325 $166,232 $328,093
2022 $8,330 $484,633 $162,973 $321,660
2021 $8,414 $475,131 $159,778 $315,353
2020 $8,264 $470,260 $158,140 $312,120
2019 $8,170 $461,040 $155,040 $306,000
2018 $7,901 $452,000 $152,000 $300,000
2016 $6,652 $380,718 $177,668 $203,050
2015 $4,953 $284,614 $107,401 $177,213
2014 $4,866 $279,040 $105,298 $173,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17093817

California Regional Multiple Listing Service (CRMLS)

APN: 6166-017-024