NOT LISTED FOR SALE

322 W Almond St Compton, CA 90220

Estimated Value: $604,000 - $696,000

0.18 Acre
$3,643,233 Price per Acre
7,787 Sq Ft Lot

Last Sold December 16, 2022

Last sale price $570,000 $669 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,293/month

209 Days on Market

About This Lot

As of December 2022

LOT WITH APPROVED PLANS - For Builders and Investors – Looking for land? Here it is!
Very Close to Compton City Hall, Compton Blue Line Station, Stores, Restaurants and Schools.
Seller has plans and renderings for 6 dwellings with entitlements which are Ready To Issue. The breakdown is as follows: 4 units of 2 bedrooms, 2 baths with balconies. In addition, 1 attached accessory dwelling unit of 1 bedroom, 1 bath and a detached accessory dwelling unit with 3 bedrooms, 2 baths. The plans will include 6 enclosed parking spaces and 1 guess parking.

Last Agent to Sell the Property

Dene Molina-Cabrera

Empiric Brokers Realty License #01067683 Listed on: 05/11/2022

Last Buyer's Agent

Shea Nelson

Keller Williams Huntington Beach License #01349164

Keller Williams Huntington Beach

Property Details

Property Type

  • Land

Lot Details

  • 7,787 Sq Ft Lot
  • Lot Dimensions are 50 x 155
  • Density is 6-10 Units/Acre
  • Property is zoned COR3*

Listing and Financial Details

  • Legal Lot and Block 4 / 9
  • Assessor Parcel Number 6160003008
  • $485 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: COR3*
  • Property Type: Land
  • Parcel Number: 6160003008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 73.20

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size: 50 X 155
  • Lot Size Sq Ft: 7787.00
  • Lot Size Acres: 0.1788

Multi Family

  • Lot Size Area: 7787.0000 Square Feet

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 5425.02
  • Tax Lot: 4
  • TaxOtherAnnualAssessmentAmount: 485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
New Castle Beverage Inc
Bought by
Mars 2020
Current Estimated Value
$651,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$80,270
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$571,140

Purchase Details

Closed on
Dec 7, 2018
Sold by
Pro Renovation Enterprises Inc
Bought by
New Castle Beverage Inc

Purchase Details

Closed on
Oct 12, 2018
Sold by
Nash David and Nash Rose
Bought by
Pro Renovation Enterprises Inc

Purchase Details

Closed on
Oct 28, 2011
Sold by
Griffin George
Bought by
Nash David and Nash Rose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mars 2020 $340,000 Pacific Coast Title Company
New Castle Beverage Inc -- None Available
Pro Renovation Enterprises Inc $230,000 Pacific Coast Title Company
Nash David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mars 2020 $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $570,000 -8.8% $669 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/29/2022 11/29/22 Price Changed $625,000 -10.6% $734 / Sq Ft
10/26/2022 10/26/22 Price Changed $699,000 -7.9% $820 / Sq Ft
08/10/2022 08/10/22 Price Changed $759,000 -2.6% $891 / Sq Ft
08/08/2022 08/08/22 For Sale $779,000 0.0% $914 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $779,000 -0.8% $914 / Sq Ft
06/13/2022 06/13/22 Price Changed $785,000 -0.6% $921 / Sq Ft
05/11/2022 05/11/22 For Sale $790,000 -- $927 / 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 $10,445 $593,028 $593,028 --
2024 $10,445 $581,400 $581,400 --
2023 $10,321 $570,000 $570,000 $0
2022 $6,416 $346,800 $346,800 $0
2021 $5,977 $340,000 $340,000 $0
2020 $4,272 $234,600 $234,600 $0
2019 $4,273 $230,000 $230,000 $0
2018 $3,442 $182,138 $137,985 $44,153
2016 $3,281 $175,068 $132,628 $42,440
2015 $3,142 $172,439 $130,636 $41,803
2014 $3,091 $169,063 $128,078 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22099415

California Regional Multiple Listing Service (CRMLS)

APN: 6160-003-008