$500,000
SOLD JUL 31, 2015

301 W Magnolia St Compton, CA 90220

6 Beds
4 Baths
3,184 Sq Ft
5,944 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

38 Days on Market

About This Home

As of July 2015

FHA READY!! FHA READY!! GREAT PROPERTY! GREAT INVESTMENT! 4-Plex/4-car garage. Great Condition, close to courthouse and transportation.****potential for rents to be increased.

Last Agent to Sell the Property

Silvestre Madrigal

Express Realty & Investments License #01363650 Listed on: 06/17/2015

Last Buyer's Agent

Gus Islas

Century 21 Allstars License #00956639

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,016

Year Built

  • Built in 1952

Lot Details

  • 5,944 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,184 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $6
  • Gross Income $3,900
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,016

Year Built

Built in 1952

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 6157017029
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 157.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5944.00
  • Lot Size Acres: 0.1360

Multi Family

  • Electric Expense: 1.00
  • Gross Income: 3900.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 1.00
  • Lot Size Area: 5944.0000 Square Feet
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12000.00
  • Rent Control: No
  • Total Expenses: 6.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 1
  • Tax Tract Number: 5922
  • Tax Annual Amount: 7016.00
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2018
Sold by
Rodriguez Alberto
Bought by
Rodriguez Jose Luis

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 24, 2015
Sold by
Alvarez Gabriel
Bought by
Rodriguez Alberto and Rodriguez Jose Luis
Seller's Agent
Silvestre Madrigal
Express Realty & Investments
Buyer's Agent
Gus Islas
Century 21 Allstars
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$375,000
Outstanding Balance
$296,747
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$658,766

Purchase Details

Closed on
Sep 6, 2013
Sold by
Giron Argedis A
Bought by
Alvarez Gabriel and Alvarez Charlyn Fernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Monge Maribel
Bought by
Giron Argedis Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2010
Sold by
Giron Yulisa
Bought by
Giron Argedis Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2007
Sold by
Fattal Rafie and Fattal Orna
Bought by
Monge Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
9.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2006
Sold by
Lum Siu Guy
Bought by
Fattal Rafie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 17, 2003
Sold by
Los Angeles #1 Development Corp
Bought by
Lum Siu Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2003
Sold by
Mascorro Rafael
Bought by
Los Angeles #1 Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Melchor Antonia
Bought by
Mascorro Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.6%

Purchase Details

Closed on
Nov 20, 2001
Sold by
Prayer Time Mission
Bought by
Melchor Antonia

Purchase Details

Closed on
Jul 20, 2000
Sold by
Hud
Bought by
Prayer Time Mission

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.13%

Purchase Details

Closed on
May 18, 2000
Sold by
Old Kent Mtg Company
Bought by
Hud

Purchase Details

Closed on
Sep 1, 1999
Sold by
Aguilera Lucy A
Bought by
Old Kent Mtg Company and National Pacific Mtg Corp

Purchase Details

Closed on
Aug 11, 1998
Sold by
Perez Rafael and Pacheco Pedro Chico
Bought by
Aguilera Lucy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,078
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1996
Sold by
Herrera Alix
Bought by
Perez Rafael and Pacheco Pedro Chico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,434
Interest Rate
7.8%

Purchase Details

Closed on
Jan 31, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Herrera Alix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,434
Interest Rate
7.8%

Purchase Details

Closed on
Sep 21, 1995
Sold by
Pnc Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- None Available
Grant Deed $500,000 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $399,000 Pacific Coast Title Glendale
Grant Deed $300,000 Ticor Title Company
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $625,000 Security Union Title
Interfamily Deed Transfer -- Security Union Title
Grant Deed -- None Available
Grant Deed $303,000 Act
Grant Deed -- --
Grant Deed -- --
Grant Deed $280,000 --
Grant Deed $280,000 Bridgespan Title
Grant Deed -- --
Grant Deed $175,000 Provident Title
Corporate Deed -- American Title
Trustee Deed $226,642 Benefit Land Title Ins Co
Grant Deed $215,000 Fidelity National Title Co
Grant Deed $171,500 First American
Corporate Deed $112,500 First American Title
Grant Deed -- First American Title Ins Co
Trustee Deed $155,000 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $299,250 New Conventional
Previous Owner $294,566 FHA
Previous Owner $562,500 Purchase Money Mortgage
Previous Owner $2,500,000 Fannie Mae Freddie Mac
Previous Owner $242,400 Purchase Money Mortgage
Previous Owner $266,000 No Value Available
Previous Owner $157,000 No Value Available
Previous Owner $208,078 FHA
Previous Owner $167,434 No Value Available
Previous Owner $90,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $999,999 +100.0% $314 / Sq Ft
07/31/2015 07/31/15 Sold $500,000 0.0% $157 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $499,900 +29.8% $157 / Sq Ft
11/16/2012 11/16/12 Sold $385,000 -22.2% $121 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $495,000 -- $155 / 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 $10,907 $604,563 $181,898 $422,665
2023 $10,782 $592,710 $178,332 $414,378
2022 $10,168 $581,089 $174,836 $406,253
2021 $10,258 $569,696 $171,408 $398,288
2019 $9,602 $530,604 $132,651 $397,953
2018 $9,330 $520,200 $130,050 $390,150
2016 $8,858 $500,000 $125,000 $375,000
2015 $7,137 $406,971 $111,177 $295,794
2014 $7,016 $399,000 $109,000 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15102697

California Regional Multiple Listing Service (CRMLS)

APN: 6157-017-029