NOT LISTED FOR SALE

321 W Magnolia St Compton, CA 90220

Estimated Value: $1,017,000 - $1,237,000

8 Beds
4 Baths
3,282 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 05, 2016

Last sale price $570,000 $174 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $7,024/month

9 Days on Market

About This Home

As of July 2016

Great opportunity for a owner occupied investment. One of the advantages to this property is the street access. Each unit includes 2 Bedroom and 1 Bath. Kitchens and bathrooms have been recently remodeled. Don't let this opportunity pass you by!

Last Agent to Sell the Property

CASEY THIEL

CENTURY 21 CITRUS REALTY INC License #01988568 Listed on: 06/10/2016

Co-Listed By

Albert Rodriguez

CENTURY 21 CITRUS REALTY INC License #01250095

Last Buyer's Agent

David Hwang

Dream Realty & Investments Inc License #01956201

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,993 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • 3,282 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017034

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,575
  • Water Sewer Expense $1,575
  • New Taxes Expense $7,188
  • Operating Expense $10,338
  • Gross Income $4,400
  • Net Operating Income $40,879

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • CapRate: 7.11
  • Property Attached: Yes
  • Water Sewer Expenses: 1575.00
  • Property Type: Residential Income
  • Parcel Number: 6157017034
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 173.67

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Trash Expense: 1575.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5993.00
  • Price Per Lot Square Foot: 95.11

Multi Family

  • Gross Income: 4400.00
  • Gross Scheduled Income: 52800.00
  • Net Operating Income: 40879.00
  • 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: 10338.00
  • Rent Control: No
  • Total Expenses: 10338.00

Tax Info

  • New Taxes Expense: 7188.00
  • Tax Lot: 6
  • Tax Tract Number: 5922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2019
Sold by
Park On Jung
Bought by
Gosey Travon
Current Estimated Value
$1,106,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.75%

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jun 28, 2016
Sold by
Edwards Tonya
Bought by
Park On Jung
Seller's Agent
CASEY THIEL
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
David Hwang
Dream Realty & Investments Inc
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$427,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Cao Jessica Dai
Bought by
Edwards Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Hud
Bought by
Cao Jessica Dai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 19, 2001
Sold by
Bank Of America Na
Bought by
Hud

Purchase Details

Closed on
Apr 18, 2001
Sold by
Thomas Michael L
Bought by
Bank Of America Na and Bank Of America Nt & Sa

Purchase Details

Closed on
Jan 18, 2000
Sold by
Mad Mac
Bought by
Thomas Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,064
Interest Rate
8.14%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 17, 1999
Sold by
Hud
Bought by
Mad Mac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,400
Interest Rate
7.77%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 1999
Sold by
Retana Jose
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Sep 10, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Nov 10, 1997
Sold by
Agredanoi Leo
Bought by
Retana Jose and Retana Ana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,829
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 1997
Sold by
Agredano Cecilia
Bought by
Agredano Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,829
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 1997
Sold by
Great Western Bank
Bought by
Agredano Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,829
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1997
Sold by
Washington Elbert
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Jan 12, 1996
Sold by
Washington Jr Elbert
Bought by
Hall Edward J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gosey Travon $790,000 Lawyers Title
Park On Jung $570,000 Fidelity National Title Co
Park On Jung -- Fidelity National Title Co
Edwards Tonya $370,000 Old Republic Title Company
Cao Jessica Dai $224,000 First Southwestern Title Co
Hud -- First American Title Ins Co
Bank Of America Na $281,783 First American Title Ins Co
Thomas Michael L $265,000 Fidelity Title
Mad Mac $150,000 First American Title Co
Countrywide Home Loans Inc $259,137 Landsafe Title
Hud -- Landsafe Title
Retana Jose $240,000 Chicago Title Co
Agredano Leo -- Stewart Title
Agredano Leo $117,000 Stewart Title
Great Western Bank Fsb $115,000 Stewart Title
Hall Edward J -- First American Title Co
Washington Jr Elbert -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gosey Travon $780,000
Previous Owner Park On Jung $427,500
Previous Owner Edwards Tonya $288,000
Previous Owner Cao Jessica Dai $200,000
Previous Owner Thomas Michael L $263,064
Previous Owner Mad Mac $155,400
Previous Owner Retana Jose $230,829
Previous Owner Agredano Leo $87,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2016 07/05/16 Sold $570,000 -0.9% $174 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $575,000 -- $175 / 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 $14,704 $863,976 $246,068 $617,908
2024 $14,704 $847,037 $241,244 $605,793
2023 $14,531 $830,429 $236,514 $593,915
2022 $13,678 $814,147 $231,877 $582,270
2021 $13,813 $798,184 $227,331 $570,853
2019 $10,585 $593,028 $208,080 $384,948
2018 $10,327 $581,400 $204,000 $377,400
2016 $7,971 $444,379 $156,133 $288,246
2015 $7,618 $437,705 $153,788 $283,917
2014 $7,486 $429,132 $150,776 $278,356
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    CASEY THIEL

    CENTURY 21 CITRUS REALTY INC

  • Albert Rodriguez

    Seller Co-Listing Agent in 2016

    Albert Rodriguez

    CENTURY 21 CITRUS REALTY INC

    (626) 255-4854

    57 Total Sales

    Albert Rodriguez
    Section Image

  • D

    Buyer's Agent in 2016

    David Hwang

    Dream Realty & Investments Inc

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16106304

California Regional Multiple Listing Service (CRMLS)

APN: 6157-017-034

California Los Angeles County Compton 90220

321 W Magnolia St, Compton, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes