$460,000
SOLD MAR 13, 2024

406 E Laurel St Compton, CA 90221

2 Beds
1 Bath
960 Sq Ft
7,249 Sq Ft Lot

Recently Sold

$479 Per Sq Ft

10% Below List Price

8 Days on Market

Highlights

  • Craftsman Architecture
  • Main Floor Bedroom
  • Porch
  • Wood Flooring
  • No HOA
  • 4-minute walk to Wilson Park

About This Home

As of June 2024

Contractors Dream! Golden opportunity FIXER, FIXER with great potential to customize this home with all the modern details you like! Come with a visionary mindset to design your new kitchen and living space. Situated on a spacious lot, this property can accommodate an ADU for additional income potential. Separate garage has been converted for living space with a bathroom. Can easily be turned back into a garage. Unsure of any permits for 2 additional bathrooms on the property. Sold in AS-IS condition. Seller will not make any type of repairs. Buyer to pay for city Pre-Sale Inspection.

Located close to DMV, Post Office, freeways and transportation, you'll enjoy easy access to everything you need. Don't miss out on this amazing opportunity! With its tremendous potential and location, this home won't stay on the market for long. Seize the opportunity and submit your offer promptly to secure this promising property.

Last Agent to Sell the Property

M.J. Porchas

Chapeau Properties License #01130499

Last Buyer's Agent

M.J. Porchas

Chapeau Properties License #01130499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,824

Year Built

  • Built in 1924

Lot Details

  • 7,249 Sq Ft Lot
  • Wrought Iron Fence
  • Wood Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned COPRH*

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Plaster

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry Located Outside

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Gravity Heating System
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 5684
  • Assessor Parcel Number 6179004007
  • $598 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,824

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: COPRH*
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6179004007
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 960.00 Square Feet
  • Stories: 1
  • Entry Location: Front/1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 479.17
  • Room Type: All Bedrooms Down, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Gas Range, Water Heater
  • Heating Type: Gravity
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 7249.00
  • Lot Size Acres: 0.1664

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7249.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5424.01
  • Tax Lot: 5
  • Tax Tract Number: 5684
  • TaxOtherAnnualAssessmentAmount: 598.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
May 28, 2024
Sold by
Abundiz Sanchez Arturo David
Bought by
Deleon Aida J Sanchez
Seller's Agent
Malcolm Scatliffe
CHAMPIONS REAL ESTATE
Buyer's Agent
Daniel Franco
Daniel A. Franco, SRES
List Price
$649,900
Sold Price
$649,900
Total Days on Market
8
Views
132
Current Estimated Value
$630,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,017
Avg. Annual Appreciation
-3.02%
Original Mortgage
$32,495
Interest Rate
7.1%

Purchase Details

Listed on
Feb 17, 2024
Closed on
Feb 28, 2024
Sold by
Troncoso Mario A
Bought by
Ms83 Investments Llc
Seller's Agent
M.J. Porchas
Chapeau Properties
Buyer's Agent
M.J. Porchas
Chapeau Properties
List Price
$510,000
Sold Price
$460,000
Premium/Discount to List
-$50,000
-9.8%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
349.32%
Original Mortgage
$414,000
Interest Rate
6.63%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 15, 2019
Sold by
Ramirez Sanjuana Sanchez and Troncoso Maria
Bought by
Troncoso Mario A

Map

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- Orange Coast Title Company
Grant Deed $650,000 Orange Coast Title Company
Grant Deed $460,000 Orange Coast Title Company
Interfamily Deed Transfer -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $32,495 No Value Available
Open $487,425 Construction
Previous Owner $414,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $649,900 0.0% $445 / Sq Ft
05/09/2024 05/09/24 For Sale $649,900 +41.3% $445 / Sq Ft
03/13/2024 03/13/24 Sold $460,000 -9.8% $479 / Sq Ft
03/01/2024 03/01/24 For Sale $510,000 +10.9% $531 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/20/2024 02/20/24 Off Market $460,000 -- --
02/17/2024 02/17/24 For Sale $510,000 -- $531 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $6,824 $362,004 $285,005 $76,999
2023 $4,224 $201,375 $139,357 $62,018
2022 $3,574 $197,427 $136,625 $60,802
2021 $3,604 $193,557 $133,947 $59,610
2019 $3,501 $187,818 $129,975 $57,843
2018 $3,365 $184,136 $127,427 $56,709
2016 $3,202 $176,988 $122,480 $54,508
2015 $3,065 $174,331 $120,641 $53,690
2014 $3,014 $170,917 $118,278 $52,639
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24017406

California Regional Multiple Listing Service (CRMLS)

APN: 6179-004-007