NOT LISTED FOR SALE

222 N Spring Ave Compton, CA 90221

Estimated Value: $776,000 - $944,000

5 Beds
4 Baths
1,998 Sq Ft
$439/Sq Ft Est. Value

Last Sold March 30, 2016

Last sale price $450,000 $225 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,449/month

7 Days on Market

About This Home

As of March 2016

Fantastic opportunity for FHA buyer to move into this fully renovated Compton triplex. 3 bed 2 bath front unit will be delivered vacant at the close of escrow. Unit has been remodeled with wood laminate flooring, granite counter tops in the kitchen, new window blinds throughout and ceiling fans in the bedrooms. This unit has tons of natural light. Huge backyard to the right of the unit. In the rear, two occupied one bedroom units delivering $960 and $885 ($1,845 total) in rent. Three covered garage spaces at the back of the lot.

Last Agent to Sell the Property

John Chelius

Property Works RE, Inc. License #01936287 Listed on: 01/27/2016

Last Buyer's Agent

Miguel Vazquez

Home Central Realty License #01717478

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,772 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,998 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5085
  • Assessor Parcel Number 6166022003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6166022003
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 225.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5772.00
  • Price Per Lot Square Foot: 77.96
  • Lot Size Acres: 0.1330

Multi Family

  • Average1 Bed Area: 450
  • Average3 Bed Area: 1100
  • Lot Size Area: 5772.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 5085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2020
Sold by
Vazquez Laura Fabiola
Bought by
Vazquez Jose Guadalupe
Current Estimated Value
$876,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$398,891
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$477,536

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 10, 2016
Sold by
Turnstone Holding I Lp
Bought by
Vazquez Jose Guadalupe and Vazquez Laura Fabiola
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
Miguel Vazquez
Home Central Realty
List Price
$439,000
Sold Price
$450,000
Premium/Discount to List
$11,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$434,904
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 2013
Sold by
Oliva Jose
Bought by
Turnstone Holding I Lp

Purchase Details

Closed on
Jul 25, 2007
Sold by
Brooks Dewahn
Bought by
Olivia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 5, 2005
Sold by
Brooks Dewahn
Bought by
Brooks Dewahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2005
Sold by
Brooks Wanda
Bought by
Brooks Dewahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2004
Sold by
Martinez Isabel and Manjarrez Gricelda
Bought by
Brooks Dewahn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2002
Sold by
Sacred House Of Al Islam
Bought by
Martinez Isabel and Manjarrez Gricelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,925
Interest Rate
6.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2000
Sold by
Hud
Bought by
Sacred House Of Al Islam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,088
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 1998
Sold by
Rodriguez Domingo
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Feb 23, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Feb 26, 1996
Sold by
Rosas George and Rosas Helen
Bought by
Rodriguez Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,645
Interest Rate
7%
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
Vazquez Jose Guadalupe -- Provident Title Company
Vazquez Jose Guadalupe $445,000 Old Republic Title Company
Turnstone Holding I Lp $285,000 Provident Title Company
Olivia Jose $550,000 Ticor Title Co Glendale
Brooks Dewahn -- Ticor Title Co Glendale
Brooks Dewahn -- Ticor Title Co Glendale
Brooks Dewahn $399,000 Southland Title
Martinez Isabel $189,000 Provident Title Company
Sacred House Of Al Islam $128,000 --
Countrywide Home Loans Inc $183,947 Landsafe Title
Hud -- Landsafe Title
Rodriguez Domingo $170,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez Jose Guadalupe $450,000
Previous Owner Vazquez Jose Guadalupe $434,904
Previous Owner Olivia Jose $385,000
Previous Owner Brooks Dewahn $375,000
Previous Owner Brooks Dewahn $375,000
Previous Owner Brooks Dewahn $319,200
Previous Owner Martinez Isabel $195,925
Previous Owner Sacred House Of Al Islam $166,088
Previous Owner Rodriguez Domingo $165,645
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $450,000 +2.5% $225 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $439,000 0.0% $220 / Sq Ft
05/05/2014 05/05/14 Rented $1,550 0.0% --
05/05/2014 05/05/14 For Rent $1,550 -- --
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 $10,289 $526,781 $236,756 $290,025
2024 $10,289 $516,453 $232,114 $284,339
2023 $10,131 $506,327 $227,563 $278,764
2022 $8,615 $496,400 $223,101 $273,299
2021 $8,693 $486,668 $218,727 $267,941
2020 $8,541 $481,679 $216,485 $265,194
2019 $8,437 $472,236 $212,241 $259,995
2018 $8,221 $462,978 $208,080 $254,898
2016 $5,522 $295,126 $113,908 $181,218
2015 $5,283 $290,693 $112,197 $178,496
2014 $5,202 $285,000 $110,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    5 Total Sales

    John Chelius
    Section Image
  • Miguel Vazquez

    Buyer's Agent in 2016

    Miguel Vazquez

    Home Central Realty

    (562) 881-9811

    1 in this area

    43 Total Sales

    Miguel Vazquez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16017450

California Regional Multiple Listing Service (CRMLS)

APN: 6166-022-003

California Los Angeles County Compton 90221

222 N Spring Ave, Compton, CA

Not Listed for Sale

MultiFamily

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