NOT LISTED FOR SALE

309 W Magnolia St Compton, CA 90220

Compton Area
8 Beds
8 Baths
5,568 Sq Ft
5,992 Sq Ft Lot

Sale Details

Date Sold: October 3, 2016

Last sale price $790,000 $142 Per Sq Ft

146 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Rectangular Lot
  • Benjamin O. Davis Middle School Rated 9+

About This Home

As of October 2016

- 8 - 1 BEDROOM UNITS, EACH UNIT HAS AN ADDITIONAL CLOSET BEING USED AS A BONUS ROOM, CENTRALY LOCATED IN GOOD CONDITION, AROUND THE CORNER FROM COMPTON CITY HALL, METRO STATION AND BUSINESSES.

Last Agent to Sell the Property

Roberto Cruz

Excellence RE Real Estate License #01070064 Listed on: 04/15/2016

Last Buyer's Agent

Nadege Labat

West Shores Realty, Inc. License #01298033

West Shores Realty, Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,192

Year Built

  • Built in 1925

Lot Details

  • 5,992 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 8 Car Garage

Home Design

  • 5,568 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017031

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $436
  • Insurance Expense $2,000
  • Water Sewer Expense $2,735
  • Gross Income $6,500
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,192

Year Built

Built in 1925

Lot Details

5,992 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2735.00
  • Property Type: Residential Income
  • Parcel Number: 6157017031
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 141.88

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 5992.00
  • Price Per Lot Square Foot: 139.77

Multi Family

  • Electric Expense: 436.00
  • Gross Income: 6500.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 78000.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 5922
  • Tax Annual Amount: 5192.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 7, 2016
Sold by
Bought by
Seller's Agent
Roberto Cruz
Excellence RE Real Estate
Buyer's Agent
Nadege Labat
West Shores Realty, Inc.
List Price
$889,950
Sold Price
$790,000
Premium/Discount to List
-$99,950
-11.23%

Purchase Details

Closed on
Sep 28, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 2001
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,580,000 Old Republic Title Company
-- --
-- American Title Co
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $132,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/03/2016 10/03/16 Sold $790,000 -11.2% $142 / Sq Ft
04/15/2016 04/15/16 For Sale $889,950 -- $160 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,784 $916,856 $232,114 $684,742
2024 $16,698 $898,879 $227,563 $671,316
2023 $16,508 $881,254 $223,101 $658,153
2022 $15,590 $863,976 $218,727 $645,249
2021 $15,713 $847,037 $214,439 $632,598
2019 $15,262 $821,916 $208,080 $613,836
2018 $14,902 $805,800 $204,000 $601,800
2016 $5,393 $231,252 $81,786 $149,466
2015 $5,191 $227,779 $80,558 $147,221
2014 $5,148 $223,318 $78,980 $144,338
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16080502

California Regional Multiple Listing Service (CRMLS)
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