NOT LISTED FOR SALE

324 W Magnolia St Compton, CA 90220

Estimated Value: $657,000 - $784,773

2 Beds
1 Bath
1,650 Sq Ft
$436/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2020

Last sale price $620,000 $376 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,882 / mo

4 Days on Market

About This Home

As of November 2020

2 units in the heart of Compton. Two separate units, each have 2 bedrooms and 1 bath, both have been recently upgraded. They sit on a large lot, side yard has fruit trees that provide ample shade. There is plenty of yard for both families entertain and/or relax. Parking is not an issue, there is a 3 car garage and on site parking for 4 cars, all alley access.

Last Agent to Sell the Property

YADIRA MUNOZ

DIVERSIFIED WORKS License #01438489 Listed on: 08/18/2020

Last Buyer's Agent

JOSE GOMEZ

NATIONAL REALTY GROUP License #01320240

NATIONAL REALTY GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 7,198 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 1,650 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry in unit

Listing and Financial Details

  • Legal Lot and Block 26 / 1
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $600
  • Trash Expense $200
  • Water Sewer Expense $200
  • New Taxes Expense $7,750
  • Operating Expense $8,800
  • Gross Income $1,200
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

7,198 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 200.00
  • Zoning: COPRH*
  • Property Type: Residential Income
  • Parcel Number: 6157017022
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 375.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7198.00
  • Lot Size Acres: 0.1652

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 7198.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: Yes
  • Total Expenses: 8800.00

Tax Info

  • New Taxes Expense: 7750.00
  • Tax Block: 1
  • Tax Census Tract: 5426.02
  • Tax Lot: 26
  • Tax Tract Number: 5922

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
Aug 18, 2020
Closed on
Nov 12, 2020
Sold by
Bought by
Seller's Agent
YADIRA MUNOZ
DIVERSIFIED WORKS
Buyer's Agent
JOSE GOMEZ
NATIONAL REALTY GROUP
List Price
$620,000
Sold Price
$620,000
Current Estimated Value
$719,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,943
Avg. Annual Appreciation
2.69%
Original Mortgage
$589,132
Outstanding Balance
$524,244
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$195,699

Purchase Details

Closed on
Sep 4, 2007
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
$350,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2003
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
$248,320
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2000
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
$157,500
Interest Rate
10.4%

Purchase Details

Closed on
Aug 22, 2000
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
$116,200
Interest Rate
8.15%

Purchase Details

Closed on
Aug 8, 2000
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
$116,200
Interest Rate
8.15%

Purchase Details

Closed on
Jun 21, 2000
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
$116,200
Interest Rate
8.15%

Purchase Details

Closed on
Jul 27, 1999
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
$112,000
Interest Rate
9.62%

Purchase Details

Closed on
Jun 16, 1999
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
$112,000
Interest Rate
9.62%

Purchase Details

Closed on
May 28, 1999
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
$112,000
Interest Rate
9.62%

Purchase Details

Closed on
Jan 15, 1999
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
$77,000
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 1998
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
$77,000
Interest Rate
6.63%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 1994
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
$65,000
Interest Rate
8.5%
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

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
$600,000 Chicago Title Company
-- Chicago Title Co
$256,000 Southland Title
$175,000 United Title Company
-- Landsafe Title
$95,000 Landsafe Title
$95,402 Landsafe Title
$160,000 American Title Co
-- --
-- --
-- --
$74,397 First Southwestern Title Co
$65,000 North American Title Company
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 $589,132
Previous Owner $350,000
Previous Owner $248,320
Previous Owner $157,500
Previous Owner $116,200
Previous Owner $112,000
Previous Owner $77,000
Previous Owner $65,000
Closed $25,015
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
11/19/2020 11/19/20 Sold $620,000 0.0% $376 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $620,000 -- $376 / 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 $12,197 $671,106 $216,485 $454,621
2024 $12,146 $657,948 $212,241 $445,707
2023 $11,981 $645,048 $208,080 $436,968
2022 $10,654 $632,400 $204,000 $428,400
2021 $10,771 $620,000 $200,000 $420,000
2020 $6,081 $332,797 $152,097 $180,700
2019 $6,012 $326,272 $149,115 $177,157
2018 $5,784 $319,876 $146,192 $173,684
2016 $5,503 $307,457 $140,516 $166,941
2015 $5,261 $302,840 $138,406 $164,434
2014 $5,168 $296,908 $135,695 $161,213
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2020

    YADIRA MUNOZ

    DIVERSIFIED WORKS

    (562) 463-9919

    4 Total Sales

    YADIRA MUNOZ
    Section Image

  • J

    Buyer's Agent in 2020

    JOSE GOMEZ

    NATIONAL REALTY GROUP

    (951) 247-7305

    27 Total Sales

    JOSE GOMEZ
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20168377

California Regional Multiple Listing Service (CRMLS)

APN: 6157-017-022

California Los Angeles County Compton 90220

324 W Magnolia St, Compton, CA

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
Your Personal Tour Guide

Ask me questions while you tour the home.