NOT LISTED FOR SALE

309 W Myrrh St Compton, CA 90220

Estimated Value: $932,000 - $1,141,000

9 Beds
6 Baths
3,225 Sq Ft
$322/Sq Ft Est. Value

Last Sold January 20, 2016

Last sale price $535,000 $166 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,510/month

34 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Level Lot

About This Home

As of January 2016

Excellent income property, all units are 3 Bedrooms and 2 Bathrooms with a 2 car garage each. Long cemented drive way for additional parking. Close to all transportation, entertainment and schools. All units occupied.

Last Agent to Sell the Property

Fernando Moreno

Berkshire Hathaway H.S.C.P. License #01086376 Listed on: 10/16/2015

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Jose Manjarrez

eHomes License #01829173

eHomes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,138

Year Built

  • Built in 1950

Lot Details

  • 9,315 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • 3,225 Sq Ft Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 6160004032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,000
  • Gross Income $4,265
  • Net Operating Income $43,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,138

Year Built

Built in 1950

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6160004032
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 165.89

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Lot 6500-9999, Level with Street, Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 9315.00
  • Price Per Lot Square Foot: 57.43
  • Lot Size Acres: 0.2140

Multi Family

  • Gross Income: 4265.00
  • Gross Scheduled Income: 51180.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9315.0000 Square Feet
  • Net Operating Income: 43012.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 8288.00
  • Rent Control: No

Tax Info

  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Mejia David and Sandoval Rigoberto
Bought by
Mejia David
Current Estimated Value
$1,036,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Outstanding Balance
$425,834
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$611,076

Purchase Details

Closed on
Feb 28, 2018
Sold by
Graciano Everaldo Mejia
Bought by
Mejia David and Sandoval Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2015
Sold by
Perez Manuel
Bought by
Mejia David and Graciano Everaldo Mejia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,225
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2004
Sold by
Access Community Housing Inc
Bought by
Perez Manuel and Perez Gloria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 25, 2003
Sold by
Access Community Housing Inc
Bought by
Access Community Housing Inc and Arce Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
5.87%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 25, 2000
Sold by
Rosenbaum Benjamin
Bought by
Mednick Robert
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 Buyer Sale Price Title Company
Mejia David -- Title365
Mejia David -- Wfg Title Company
Mejia David $535,000 Old Republic Title Company
Perez Manuel $315,000 Fidelity National Title Ins
Access Community Housing Inc -- First American Title Co
Mednick Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia David $483,000
Closed Mejia David $478,000
Previous Owner Mejia David $478,225
Previous Owner Perez Manuel $267,000
Previous Owner Access Community Housing Inc $267,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2016 01/20/16 Sold $535,000 -6.0% $166 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $569,000 -- $176 / 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 $12,138 $660,958 $310,103 $350,855
2024 $12,138 $647,999 $304,023 $343,976
2023 $12,307 $635,294 $298,062 $337,232
2022 $10,656 $622,838 $292,218 $330,620
2021 $10,759 $610,627 $286,489 $324,138
2020 $10,310 $588,382 $263,602 $324,780
2019 $10,193 $576,846 $258,434 $318,412
2018 $9,700 $556,614 $260,100 $296,514
2016 $6,699 $378,322 $204,174 $174,148
2015 $6,403 $372,641 $201,108 $171,533
2014 $6,288 $365,342 $197,169 $168,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15215634

California Regional Multiple Listing Service (CRMLS)

APN: 6160-004-032