$250,000
SOLD FEB 26, 2016

226 W Cedar St Compton, CA 90220

3 Beds
2 Baths
1,152 Sq Ft
4,485 Sq Ft Lot

Recently Sold

$217 Per Sq Ft

15% Below List Price

69 Days on Market

About This Home

As of June 2016

property is ready for a family to invest and give it a bit of TLC... GREAT OPPORTUNITY for an Investor, located across the street from Day care. property is in need of a bit of TLC, great investment for a first time buyer...

Last Agent to Sell the Property

Maria Cuadros

Castlerock Properties License #01930288 Listed on: 06/27/2015

Last Buyer's Agent

Maria Cuadros

Castlerock Properties License #01930288 Listed on: 06/27/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,373

Year Built

  • Built in 1923

Lot Details

  • 4,485 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Parking Spaces

Home Design

  • 1,152 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 3577
  • Assessor Parcel Number 6157008010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $150
  • Insurance Expense $1,200
  • Trash Expense $75
  • Water Sewer Expense $75
  • New Taxes Expense $2,700
  • Gross Income $1,725
  • Net Operating Income $1,825

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,373

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 75.00
  • Property Type: Residential Income
  • Parcel Number: 6157008010
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 217.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4485.00
  • Price Per Lot Square Foot: 55.74
  • Lot Size Acres: 0.1030

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 1725.00
  • Gross Scheduled Income: 1975.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4485.0000 Square Feet
  • Net Operating Income: 1825.00
  • 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: 150.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2700.00
  • Tax Lot: 18
  • Tax Tract Number: 3577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2021
Sold by
Hernandez Jesus and Hernandez Felix Jesus
Bought by
Felix Jesus Hernandez and Reveles Antonio Hernandez
Current Estimated Value
$655,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$337,078
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$317,999

Purchase Details

Closed on
Aug 24, 2021
Sold by
Felix Jesus Hernander and Reveles Antonio Hernandez
Bought by
Felix Jesus Hernandez and Reveles Antonio Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Outstanding Balance
$337,078
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$317,999

Purchase Details

Closed on
Dec 18, 2019
Sold by
Jesus Hernandez
Bought by
Reveles Antonio Hernandez and Hernandez Salvador

Purchase Details

Listed on
Jun 27, 2016
Closed on
Jun 16, 2016
Sold by
Dehernandez Rosalba Reveles
Bought by
Hernandez Jesus
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Maria Hernandez
Excellence Reliable Brokers
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$292,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2015
Closed on
Apr 18, 2016
Sold by
Royalty 26 Inc
Bought by
Hernandez Jesus
Seller's Agent
Maria Cuadros
Castlerock Properties
Buyer's Agent
Maria Cuadros
Castlerock Properties
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
229.55%
Original Mortgage
$292,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2015
Closed on
Feb 1, 2016
Sold by
Guzman Martin
Bought by
Royalty 26 Inc
Seller's Agent
Maria Cuadros
Castlerock Properties
Buyer's Agent
Maria Cuadros
Castlerock Properties
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%

Purchase Details

Closed on
May 22, 2002
Sold by
Guzman Julia Hernandez
Bought by
Guzman Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.89%

Purchase Details

Closed on
Apr 9, 2002
Sold by
Hud
Bought by
Guzman Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.89%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 28, 2001
Sold by
Castro Jorge A and Castro Concepcion P
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 6, 1996
Sold by
Castro Jorge A and Castro Concepcion P
Bought by
Castro Jorge A and Castro Concepcion P

Purchase Details

Closed on
Feb 27, 1995
Sold by
Uriarte Efrain and Uriarte Maria
Bought by
Castro Jorge A and Castro Concepcion P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,334
Interest Rate
8.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- Western Resources Title
Interfamily Deed Transfer -- Western Resources Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $375,000 Fidelity National Title Co
Grant Deed $250,000 Fidelity National Title
Interfamily Deed Transfer -- --
Grant Deed $145,000 Stewart Title
Corporate Deed -- Landsafe Title
Trustee Deed $140,996 Landsafe Title
Gift Deed -- --
Grant Deed $135,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,000 New Conventional
Closed $371,000 New Conventional
Previous Owner $292,000 New Conventional
Previous Owner $145,000 No Value Available
Previous Owner $133,334 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $375,000 -3.6% $326 / Sq Ft
06/27/2016 06/27/16 For Sale $389,000 +55.6% $338 / Sq Ft
02/26/2016 02/26/16 Sold $250,000 -15.3% $217 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
06/27/2015 06/27/15 For Sale $295,000 -- $256 / 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 $7,373 $378,850 $270,608 $108,242
2024 $7,373 $371,422 $265,302 $106,120
2023 $7,263 $364,140 $260,100 $104,040
2022 $6,224 $357,000 $255,000 $102,000
2021 $7,259 $410,116 $136,705 $273,411
2020 $7,130 $405,912 $135,304 $270,608
2019 $7,048 $397,953 $132,651 $265,302
2018 $6,835 $390,150 $130,050 $260,100
2016 $3,395 $180,936 $69,627 $111,309
2015 $3,250 $178,220 $68,582 $109,638
2014 $3,199 $174,730 $67,239 $107,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15164615

California Regional Multiple Listing Service (CRMLS)

APN: 6157-008-010