NOT LISTED FOR SALE

222 N Mayo Ave Compton, CA 90221

Estimated Value: $882,000 - $1,034,000

5 Beds
4 Baths
2,609 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $475,000 $182 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,883/month

77 Days on Market

About This Home

As of December 2014

TURNKEY Corner Lot 4 unit complex! Great Investment for Investor or 1st time buyer to add to your portfolio! (1) 2BR 1Bath House and (3) 1BR 1Bath. All units are in good condition 2BR House has private parking with 4 separate garages. Large lot newer wood fence with an huge backyard!!

Last Agent to Sell the Property

Rodney Klines

Onyx Realty & Finc. Serv., Inc License #01990742 Listed on: 08/06/2014

Last Buyer's Agent

George Ruiz

VIP RE Firm License #01781774

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,563 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,609 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5085
  • Assessor Parcel Number 6178013012

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,410

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6178013012
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 182.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6563.00
  • Lot Size Acres: 0.1510

Multi Family

  • Gross Income: 3410.00
  • Gross Scheduled Income: 40920.00
  • Lot Size Area: 6563.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3077.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 5085
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Oct 24, 2014
Sold by
Prope Jones Charles W and Prope Charles W Jones Separate
Bought by
Decasas Jose C
Seller's Agent
Rodney Klines
Onyx Realty & Finc. Serv., Inc
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$499,900
Sold Price
$475,000
Premium/Discount to List
-$24,900
-4.98%
Current Estimated Value
$944,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,634
Avg. Annual Appreciation
6.44%
Original Mortgage
$466,396
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2000
Sold by
Jones Charles W
Bought by
Prope Jones Charles W and Charles W Jones Separate Property Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Decasas Jose C $475,000 First American Title Company
Prope Jones Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decasas Jose C $466,396
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $475,000 -5.0% $182 / Sq Ft
10/22/2014 10/22/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $499,900 -- $192 / 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 $11,200 $570,869 $240,367 $330,502
2024 $11,200 $559,676 $235,654 $324,022
2023 $11,034 $548,703 $231,034 $317,669
2022 $9,469 $537,945 $226,504 $311,441
2021 $9,556 $527,398 $222,063 $305,335
2020 $9,388 $522,392 $219,787 $302,605
2019 $9,279 $512,158 $215,478 $296,680
2018 $9,015 $502,124 $211,253 $290,871
2016 $8,565 $482,243 $203,050 $279,193
2015 $8,183 $475,000 $200,000 $275,000
2014 $3,550 $175,167 $61,145 $114,022
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14170717

California Regional Multiple Listing Service (CRMLS)

APN: 6178-013-012