NOT LISTED FOR SALE

315 N Wilmington Ave Compton, CA 90220

Compton Area

Estimated Value: $640,645 - $683,000

4 Beds
2 Baths
1,306 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2018

Last sale price $437,500 $335 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,310 / mo

26 Days on Market

Highlights

  • Corner Lot
  • Benjamin O. Davis Middle School Rated 9+
  • Wall Furnace

About This Home

As of February 2018

TWO AWESOME COMPLETELY REMODELED UNITS. 2 BEDROOMS 1 BATH EACH. ONE CURRENTLY OCCUPIED, RENTS FOR $1350. NO RENT CONTROL. ALL NEW KITCHENS, BATHS, WINDOWS, COPPER PLUMBING, WATER HEATERS AND LAMINATE FLOORING. SEPARATE METERS FOR GAS AND ELECTRICITY. EACH UNIT HAS ITS OWN DRIVEWAY. DO NOT BOTHER REAR TENANT. BOTH UNITS ARE IDENTICAL.

Last Agent to Sell the Property

Julio Gonzalez

Keller Williams SELA License #01203986 Listed on: 12/21/2017

Keller Williams SELA

Last Buyer's Agent

Randy Merino

Premier Properties License #01821057

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 3,953 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Interior Spaces

  • 1,306 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 5627
  • Assessor Parcel Number 6156012001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Fuel Expense $1
  • Insurance Expense $500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,500
  • Operating Expense $8,761
  • Net Operating Income $23,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

3,953 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: CORM*
  • Property Type: Residential Income
  • Parcel Number: 6156012001
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 334.99

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3953.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Fuel Expense: 1.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 500.00
  • Net Operating Income: 23300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 9100.00
  • Rent Control: No
  • Total Actual Rent: 1350.00
  • Total Expenses: 8761.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Census Tract: 5427.00
  • Tax Lot: 1
  • Tax Tract Number: 5627

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
Dec 21, 2017
Closed on
Jan 19, 2018
Sold by
Bought by
Seller's Agent
Julio Gonzalez
Keller Williams SELA
Buyer's Agent
Randy Merino
Premier Properties
List Price
$444,900
Sold Price
$437,500
Premium/Discount to List
-$7,400
-1.66%
Current Estimated Value
$657,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,911
Avg. Annual Appreciation
4.97%
Original Mortgage
$429,575
Interest Rate
0.0437%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$437,500 Pacific Coast Title
$292,000 Pacific Coast Title
-- --
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
Open $420,000
Closed $419,807
Closed $429,575
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
02/20/2018 02/20/18 Sold $437,500 -1.7% $335 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
12/21/2017 12/21/17 For Sale $444,900 -- $341 / 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 $8,861 $497,794 $227,563 $270,231
2024 $9,160 $488,034 $223,101 $264,933
2023 $9,028 $478,466 $218,727 $259,739
2022 $7,872 $469,086 $214,439 $254,647
2021 $7,958 $459,889 $210,235 $249,654
2020 $7,813 $455,175 $208,080 $247,095
2019 $7,722 $446,250 $204,000 $242,250
2018 $5,197 $292,000 $146,000 $146,000
2016 $818 $23,348 $9,499 $13,849
2015 $794 $22,998 $9,357 $13,641
2014 $796 $22,548 $9,174 $13,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17278466

California Regional Multiple Listing Service (CRMLS)

APN: 6156-012-001

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