NOT LISTED FOR SALE

408 E Palmer St Compton, CA 90221

Estimated Value: $744,084 - $922,000

6 Beds
6 Baths
2,435 Sq Ft
$347/Sq Ft Est. Value

Last Sold October 20, 2015

Last sale price $455,000 $187 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,315/month

6 Days on Market

About This Home

As of October 2015

FANTASTIC OPPORTUNITY TO OWN A FRESH 2006 BUILT DUPLEX IN THE CITY OF COMPTON. LOCATED IN A HIGHLY DESIRABLE AREA, THIS HOME WILL NOT LAST LONG. BLOCKS AWAY FROM ALL SHOPPING AMENITIES. THIS HOME IS MOVE IN READY! WHAT ARE YOU WAITING FOR? SEE AND MAKE THIS HOME YOURS TODAY! BUYERS MUST PROVIDE PROOF OF FUNDS, DATED WITHIN 1 WEEK OF OFFER. SEE PRIVATE REMARKS FOR SHOWING INSTRUCTION AND OFFER DETAILS.

Last Agent to Sell the Property

Randy Merino

Premier Properties License #01821057 Listed on: 08/21/2015

Last Buyer's Agent

Randy Merino

Premier Properties License #01821057 Listed on: 08/21/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,048

Year Built

  • Built in 2006

Lot Details

  • 6,367 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,435 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6166-017-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,048

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2435
  • Probate: No
  • Stories: 2
  • Year Built: 2006
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 176.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 184835
  • Assessed Land Value: 100454
  • Assessor Parcel Number: 6166-017-003
  • Geocode Override: No
  • Lot Size Area: 6367

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 10, 2015
Sold by
Colfin Ai Ca 5 Llc
Bought by
Mendoza Carolina
Seller's Agent
Randy Merino
Premier Properties
Buyer's Agent
Randy Merino
Premier Properties
List Price
$430,000
Sold Price
$455,000
Premium/Discount to List
$25,000
5.81%
Total Days on Market
6
Current Estimated Value
$843,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,771
Avg. Annual Appreciation
6.63%
Original Mortgage
$341,250
Outstanding Balance
$270,512
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$573,259

Purchase Details

Closed on
Jul 12, 2012
Sold by
Chirinos Sulma
Bought by
Colfin Ai Ca 5 Llc

Purchase Details

Closed on
Jan 31, 2006
Sold by
Martinez Carlos O
Bought by
Chirinos Sulma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2004
Sold by
Garrett Johnny and Garrett Wanda L
Bought by
Aguirre Cristobal

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
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Mendoza Carolina $455,000 Ticor Title Co
Colfin Ai Ca 5 Llc -- Fidelity Van Nuys
Chirinos Sulma -- United Title Company
Chirinos Sandra $555,000 United Title Company
Aguirre Cristobal $100,000 United Title Company-La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Carolina $341,250
Previous Owner Chirinos Sandra $111,000
Previous Owner Chirinos Sulma $444,000
Previous Owner Aguirre Cristobal $90,000
Closed Aguirre Cristobal $47,725
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2015 10/20/15 Sold $455,000 +5.8% $187 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $430,000 -- $177 / Sq Ft
Source: The MLS

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
2024 $10,048 $528,061 $145,071 $382,990
2023 $9,908 $517,708 $142,227 $375,481
2022 $8,710 $507,558 $139,439 $368,119
2021 $8,795 $497,606 $136,705 $360,901
2019 $8,539 $482,849 $132,651 $350,198
2018 $8,295 $473,382 $130,050 $343,332
2016 $7,882 $455,000 $125,000 $330,000
2015 $5,091 $290,989 $102,461 $188,528
2014 $5,002 $285,289 $100,454 $184,835
Source: Public Records

Agents Affiliated with this Home

  • Randy Merino

    Seller's Agent in 2015

    Randy Merino

    Premier Properties

    (310) 422-4238

    1 in this area

    40 Total Sales

    Randy Merino
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Map

Source: The MLS

MLS Number: 15-935015

The MLS

APN: 6166-017-003

California Los Angeles County Compton 90221

408 E Palmer St, Compton, CA

This home is located at 408 E Palmer St, Compton, CA 90221 since 21 August 2015 and is currently estimated at $843,771, approximately $346 per square foot. This property was built in 2006. 408 E Palmer St is a home located in Los Angeles County with nearby schools including Mayo Elementary School, Benjamin O. Davis Middle School, and Compton High School.

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