NOT LISTED FOR SALE

340 W School St Compton, CA 90220

Estimated Value: $668,000 - $701,000

4 Beds
2 Baths
1,460 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 18, 2017

Last sale price $365,000 $250 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,309/month

5 Days on Market

About This Home

As of April 2017

Two UNITS, Two Bedrooms 1 Bath each unit, 2 Detached Car Garage with long Driveway and rear back yard. Great Investment property or Owner occupied live in one and rent the other. Sold as is.

Last Agent to Sell the Property

GONZALO HERNANDEZ

REALTY ONE GROUP WEST - CORONA License #01754161 Listed on: 03/08/2017

REALTY ONE GROUP WEST - CORONA

Last Buyer's Agent

GONZALO HERNANDEZ

REALTY ONE GROUP WEST - CORONA License #01754161 Listed on: 03/08/2017

REALTY ONE GROUP WEST - CORONA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,059 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 1,460 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 5922
  • Assessor Parcel Number 6157017043

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • New Taxes Expense $5,625
  • Operating Expense $7,000
  • Gross Income $24,000
  • Net Operating Income $500

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6157017043
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 250.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6059.00

Multi Family

  • Gross Income: 24000.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 700.00
  • Net Operating Income: 500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 7000.00

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Lot: 16
  • Tax Tract Number: 5922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Castro Gerardo Pucheco and Fernandez Elvira
Bought by
Castro Gerardo Pacheco and Fernandez Elvira
Current Estimated Value
$687,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,562
Outstanding Balance
$306,521
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$380,684

Purchase Details

Listed on
Mar 8, 2017
Closed on
Mar 15, 2017
Sold by
Ramierz Gladys Teresa De Jesus Barajas and Ramirez Wendy Marlen Barajas
Bought by
Castro Gerardo Pacheco and Fernandez Elvira
Seller's Agent
GONZALO HERNANDEZ
REALTY ONE GROUP WEST - CORONA
Buyer's Agent
GONZALO HERNANDEZ
REALTY ONE GROUP WEST - CORONA
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$363,298
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2012
Sold by
Ramirez Ascencion
Bought by
Ramirez Gladys Teresa De Jesus Barajas and Ramirez Wendy Marlen Barajas

Purchase Details

Closed on
Jul 7, 2010
Sold by
Silva Maria Neli Ramirez
Bought by
Ramirez Ascencion

Purchase Details

Closed on
Jun 24, 2009
Sold by
Martinez Benjamin Barajas
Bought by
Silva Maria Neli Ramirez

Purchase Details

Closed on
Jun 22, 2009
Sold by
Deutsche Bank Trust Company Americas
Bought by
Silva Maria Neli Ramirez

Purchase Details

Closed on
Aug 6, 2008
Sold by
Moran Gregorio Morales
Bought by
Deutsche Bank Trust Co Americas and Morgan Stanley Abs Capital I Inc Msac 20

Purchase Details

Closed on
Nov 21, 2006
Sold by
Salcedo Argenis M and Salcedo Geovany M
Bought by
Moran Gregorio Morales

Purchase Details

Closed on
Jun 13, 2005
Sold by
Morales Gregorio and Morales Maximino
Bought by
Salcedo Argenis M and Salcedo Geovany M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,515
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2003
Sold by
Avenida Properties Inc
Bought by
Morales Gregorio and Morales Maximino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,214
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2002
Sold by
Barlow Willie L
Bought by
Avenida Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
6.51%
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
Castro Gerardo Pacheco -- Wfg Title Company Of Ca
Castro Gerardo Pacheco $370,000 Lawyers Title
Ramirez Gladys Teresa De Jesus Barajas -- None Available
Ramirez Ascencion -- None Available
Silva Maria Neli Ramirez -- Old Republic Title Company
Silva Maria Neli Ramirez $153,000 Old Republic Title Company
Deutsche Bank Trust Co Americas $289,000 Accommodation
Moran Gregorio Morales -- Stewart Title
Salcedo Argenis M $355,000 United Independent
Morales Gregorio $245,000 First American Title Co
Avenida Properties Inc $140,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Gerardo Pacheco $381,562
Closed Castro Gerardo Pacheco $363,298
Previous Owner Salcedo Argenis M $349,515
Previous Owner Morales Gregorio $241,214
Previous Owner Avenida Properties Inc $162,500
Closed Avenida Properties Inc $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2017 04/18/17 Sold $365,000 -2.7% $250 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $375,000 -- $257 / 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 $8,361 $439,603 $208,190 $231,413
2024 $8,361 $430,984 $204,108 $226,876
2023 $8,240 $422,534 $200,106 $222,428
2022 $7,140 $414,250 $196,183 $218,067
2021 $7,214 $406,129 $192,337 $213,792
2020 $6,936 $392,646 $180,405 $212,241
2019 $6,857 $384,948 $176,868 $208,080
2018 $6,669 $377,400 $173,400 $204,000
2016 $4,443 $244,037 $137,934 $106,103
2015 $4,249 $240,373 $135,863 $104,510
2014 $4,173 $235,665 $133,202 $102,463
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    GONZALO HERNANDEZ

    REALTY ONE GROUP WEST - CORONA

    (714) 261-3917

    16 Total Sales

    GONZALO HERNANDEZ
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17049352

California Regional Multiple Listing Service (CRMLS)

APN: 6157-017-043

California Los Angeles County Compton 90220

340 W School 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