NOT LISTED FOR SALE

308 W Laurel St Compton, CA 90220

Estimated Value: $855,000 - $928,000

4 Beds
3 Baths
2,144 Sq Ft
$410/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $800,000 $373 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,772/month

40 Days on Market

Highlights

  • Laundry Room
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Tile Flooring

About This Home

As of September 2023

Three units on RV large lot duplex on front. One bedroom for each rear unit. The rear unit has two bedrooms which is freshly painted, has a new kitchen sink, separate dining, and new carpet. Each unit has a private yard. Open parking iron fence. Walking distance to City Hall. Close to shopping and freeways. City Report Pending.

Last Agent to Sell the Property

Lupe Martinez

Coldwell Banker Envision License #00954766 Listed on: 06/07/2023

Coldwell Banker Envision

Last Buyer's Agent

Raul Vega

Bankers Investment Group Inc. License #01870029

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,798 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 5 / 13
  • Tax Tract Number 5425
  • Assessor Parcel Number 6160004012
  • $896 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Insurance Expense $2,800
  • Trash Expense $780
  • Water Sewer Expense $2,040
  • Operating Expense $7,160
  • Gross Income $50,400
  • Net Operating Income $43,240

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2040.00
  • Zoning: CORH*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 6160004012
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 373.13
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7798.00
  • Lot Size Acres: 0.1790

Multi Family

  • Gross Income: 50400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 7798.0000 Square Feet
  • Net Operating Income: 43240.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 7160.00
  • Rent Control: Yes
  • Total Expenses: 7160.00

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 5425.02
  • Tax Lot: 5
  • Tax Tract Number: 5425
  • TaxOtherAnnualAssessmentAmount: 896.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2023
Sold by
Amaya Delmira
Bought by
Pacheco Keterin Y
Current Estimated Value
$878,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,985
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2018
Sold by
Jimenez Roque
Bought by
Amaya Deimira

Purchase Details

Listed on
Jan 17, 2017
Closed on
May 4, 2017
Sold by
Jimenez Martha G
Bought by
Jimenez Roque
Seller's Agent
Jose Palencia
Popular Funding & Real Estate
Buyer's Agent
Jose Palencia
Popular Funding & Real Estate
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Feb 17, 2017
Sold by
Lopez Felipe and Alvarez Isabella Lopez
Bought by
Jimenez Roque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,696
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2015
Sold by
Martinez Manuel S and Martinez Maria Isabel
Bought by
Lopez Felipe and Lopez Maria I

Purchase Details

Closed on
Jan 22, 2004
Sold by
Lopez Santiago
Bought by
Lopez Felipe and Lopez Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,250
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Martinez Maria
Bought by
Martinez Manuel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2002
Sold by
Westhaven Llc
Bought by
Lopez Felipe and Lopez Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,292
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2001
Sold by
Lopez Jose L Sanchez
Bought by
West Haven Llc

Purchase Details

Closed on
Apr 26, 2000
Sold by
Rodriguez Gregorio and Rodriguez Nancy
Bought by
Lopez Jose L Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,450
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 1999
Sold by
Richardson Ella M
Bought by
Rodriguez Gregorio and Rodriguez Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.82%
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
Pacheco Keterin Y $800,000 Orange Coast Title Company
Amaya Deimira $10,000 Stewart Title
Jimenez Roque -- Old Republic Title Company
Jimenez Roque $435,000 Old Republic Title Company
Lopez Felipe -- Fidelity National Title Co
Lopez Felipe -- Chicago Title Co
Martinez Manuel S -- Fidelity National Title Co
Lopez Felipe $240,000 Fidelity National Title Co
West Haven Llc $157,250 --
Lopez Jose L Sanchez $185,000 Investors Title Company
Rodriguez Gregorio $120,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pacheco Keterin Y $754,985
Previous Owner Jimenez Roque $425,696
Previous Owner Lopez Felipe $280,250
Previous Owner Lopez Felipe $236,292
Previous Owner Lopez Jose L Sanchez $183,450
Previous Owner Rodriguez Gregorio $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $800,000 +5.4% $373 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $759,000 +74.5% $354 / Sq Ft
06/05/2017 06/05/17 Sold $435,000 -8.4% $217,500 / Sq Ft View Prior Sale
02/21/2017 02/21/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $475,000 0.0% $237,500 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $475,000 -- $237,500 / 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 $13,883 $816,000 $561,000 $255,000
2024 $13,883 $800,000 $550,000 $250,000
2023 $10,389 $519,480 $191,387 $328,093
2022 $8,856 $509,295 $187,635 $321,660
2021 $8,942 $499,309 $183,956 $315,353
2020 $8,784 $494,190 $182,070 $312,120
2019 $8,682 $484,500 $178,500 $306,000
2018 $7,924 $443,700 $137,700 $306,000
2016 $5,917 $325,742 $136,231 $189,511
2015 $5,284 $296,658 $127,412 $169,246
2014 $5,198 $290,848 $124,917 $165,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23100716

California Regional Multiple Listing Service (CRMLS)

APN: 6160-004-012