NOT LISTED FOR SALE

349 S Wilmington Ave Compton, CA 90220

Compton Area

Estimated Value: $744,000 - $903,994

4 Beds
4 Baths
2,496 Sq Ft
$337/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2017

Last sale price $537,000 $215 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,473 / mo

15 Days on Market

Highlights

  • Lawn
  • Floor Furnace
  • 3-minute walk to Dr. Walter R. Tucker, Sr. Park
  • Laurel Street Elementary School Rated 9+
  • 1-Story Property

About This Home

As of October 2017

The tenants pay their electric and gas! Laundry hook-ups in the garages! Termite inspection completed in July 2017!

Last Agent to Sell the Property

Jesse Owens

Estate Properties License #01045242 Listed on: 07/28/2017

Last Buyer's Agent

Edgar Gutierrez

Century 21 Allstars License #02009795

Century 21 Allstars

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 7,012 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,496 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 14124
  • Assessor Parcel Number 6161004007

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $800
  • Water Sewer Expense $2,000
  • New Taxes Expense $6,875
  • Operating Expense $11,475
  • Gross Income $39,180
  • Net Operating Income $27,426

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

7,012 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: COCL*
  • Property Type: Residential Income
  • Parcel Number: 6161004007
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 215.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 7012.00

Multi Family

  • Gross Income: 39180.00
  • Gross Scheduled Income: 39180.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 27426.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11754.00
  • Rent Control: No
  • Total Actual Rent: 3265.00
  • Total Expenses: 11475.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Census Tract: 5425.01
  • Tax Lot: 7
  • Tax Tract Number: 14124

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

Closed on
Feb 5, 2017
Sold by
Tapps Mildred
Bought by
Current Estimated Value
$832,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,150
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2002
Sold by
Eleopoulos James
Bought by
Tapps Carl and Tapps Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
7.12%

Purchase Details

Closed on
Jun 24, 1999
Sold by
U S Bank National
Bought by
Eleopoulos James

Purchase Details

Closed on
Aug 28, 1998
Sold by
Nunez Alma L
Bought by
1994 Sasi 94-4
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Compton, CA

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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
$537,000 Progressive Title Co Inc
Tapps Carl $250,000 Orange Coast
Eleopoulos James $120,000 Investors Title Company
1994 Sasi 94-4 $116,000 Stewart 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 $615,000
Closed Torre Saul De La $506,600
Previous Owner Dela Torre Jr Saul $510,150
Previous Owner Tapps Carl $246,688
Previous Owner Tapps Carl $272,000
Previous Owner Tapps Carl $250,000
Previous Owner Tapps Carl $226,000
Previous Owner Tapps Carl $212,500
Previous Owner Tapps Carl $187,500
Previous Owner Eleopoulos James $191,000
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
10/02/2017 10/02/17 Sold $537,000 -2.4% $215 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $550,000 -- $220 / 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
2026 $10,823 $623,228 $158,996 $464,232
2025 $10,823 $611,009 $155,879 $455,130
2024 $10,742 $599,029 $152,823 $446,206
2023 $10,618 $587,284 $149,827 $437,457
2022 $10,009 $575,770 $146,890 $428,880
2021 $10,104 $564,481 $144,010 $420,471
2020 $9,926 $558,694 $142,534 $416,160
2019 $9,809 $547,740 $139,740 $408,000
2018 $9,572 $537,000 $137,000 $400,000
2016 $5,726 $305,852 $134,574 $171,278
2015 $5,479 $301,259 $132,553 $168,706
2014 $5,395 $295,359 $129,957 $165,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17173519

California Regional Multiple Listing Service (CRMLS)

APN: 6161-004-007

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