NOT LISTED FOR SALE

409 W Laurel St Compton, CA 90220

Estimated Value: $884,000 - $1,038,000

5 Beds
4 Baths
2,193 Sq Ft
$424/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $480,000 $219 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,834/month

11 Days on Market

About This Home

As of August 2016

TRIPLEX, COMPLETE REMODEL, STANDARD SALE IN COMPTON. FRONT HOUSE IS 3 BEDROOMS 2 BATHS. DUPLEX IN THE BACK, EACH UNIT IS ONE BEDROOM ONE BATH AND TWO CAR GARAGE IN BETWEEN, ALL ON A HUGE OVER 8,000 SF LOT.GATED PROPERTY FEATURES ALL NEW FLOORING, NEW KITCHEN, NEW APPLIANCES, NEW RECESSED LIGHTS, NEW WINDOWS, NEW TILE IN KITCHEN AND BATHROOMS, NEW PAINT, NEW VANITIES, NEW TILE IN BATHROOMS, NEW FRONT LANDSCAPE, AND MUCH MORE. PROPERTY IS PRICED WELL FOR INVESTOR WHO WANTS TO RENT IT OUT OR OWNER OCCUPIED WHO WANTS TO RENT THE BACK UNITS TO PAY THE MORTGAGE.THIS PROPERTY WILL NOT LAST

Last Agent to Sell the Property

Tal Bader

Bader Realty, Inc. License #01751052 Listed on: 06/13/2016

Last Buyer's Agent

Jairo Erazo

Pacific Properties Realty Group License #01454181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,849

Year Built

  • Built in 1923

Lot Details

  • 8,093

Parking

  • 2 Car Garage

Home Design

  • 2,193 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • 8,093 Sq Ft Lot
  • Floor Furnace

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6161-022-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,849

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2193
  • Probate: No
  • Year Built: 1923
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 214.27

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 208900
  • Assessed Land Value: 181100
  • Assessor Parcel Number: 6161-022-026
  • Geocode Override: No
  • Lot Size Area: 8093

Multi Family

  • Unit Type: 2106
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: 0
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Rivera Luis
Bought by
Rivera-Raya Luis
Current Estimated Value
$929,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Outstanding Balance
$290,451
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$639,426

Purchase Details

Listed on
Jun 13, 2016
Closed on
Jun 28, 2016
Sold by
Better Investments Llc
Bought by
Rivera Luis
Seller's Agent
Tal Bader
Bader Realty, Inc.
Buyer's Agent
Jairo Erazo
Pacific Properties Realty Group
List Price
$469,900
Sold Price
$480,000
Premium/Discount to List
$10,100
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$333,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2016
Closed on
Apr 22, 2016
Sold by
Wells Fargo Bank National Association
Bought by
Better Investments Llc
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Tal Bader
Bader Realty, Inc.
List Price
$390,000
Sold Price
$357,525
Premium/Discount to List
-$32,475
-8.33%

Purchase Details

Closed on
Feb 1, 2016
Sold by
Gilharry Moses Althea B
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Apr 20, 2005
Sold by
Gunasekara Hissanka
Bought by
Gilharry Moses Althea B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,300
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2004
Sold by
Gunasekara Harshini N
Bought by
Gunasekara Hissanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2004
Sold by
Osband Scott Jeffrey
Bought by
Gunasekara Hissanka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2002
Sold by
Loria Jose Dolores and Loria Maria Eugenia
Bought by
Osband Scott Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,678
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2001
Sold by
Gonzalez Ernesto Diaz
Bought by
Loria Jose Dolores and Loria Maria Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,650
Interest Rate
7.15%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Munoz David L
Bought by
Gonzalez Ernesto Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,100
Interest Rate
8.37%
Source: Public Records

Range of Values:

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Average Value
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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
Rivera-Raya Luis -- Fidelity National Title
Rivera Luis $480,000 Title365
Better Investments Llc $358,000 Title365 Company
Wells Fargo Bank National Association $427,196 Accommodation
Gilharry Moses Althea B $501,000 Lawyers Title
Gunasekara Hissanka -- Lawyers Title
Gunasekara Hissanka $300,000 Lawyers Title
Osband Scott Jeffrey $215,000 Lawyers Title Company
Loria Jose Dolores $208,500 Lawyers Title Company
Gonzalez Ernesto Diaz $107,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera-Raya Luis $321,000
Previous Owner Rivera Luis $333,000
Previous Owner Gilharry Moses Althea B $402,300
Previous Owner Gunasekara Hissanka $225,000
Previous Owner Osband Scott Jeffrey $211,678
Previous Owner Loria Jose Dolores $187,650
Previous Owner Gonzalez Ernesto Diaz $118,100
Closed Gilharry Moses Althea B $50,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2016 08/08/16 Sold $480,000 +2.1% $219 / Sq Ft
06/13/2016 06/13/16 For Sale $469,900 +31.4% $214 / Sq Ft
05/04/2016 05/04/16 Sold $357,525 -8.3% $163 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $390,000 -- $178 / 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
2025 $10,849 $557,075 $208,902 $348,173
2024 $10,849 $546,153 $204,806 $341,347
2023 $10,688 $535,445 $200,791 $334,654
2022 $9,139 $524,947 $196,854 $328,093
2021 $9,227 $514,655 $192,995 $321,660
2020 $9,065 $509,379 $191,017 $318,362
2019 $8,960 $499,392 $187,272 $312,120
2018 $8,670 $489,600 $183,600 $306,000
2016 $6,950 $390,000 $181,100 $208,900
2015 $6,732 $390,000 $181,100 $208,900
2014 $5,728 $325,000 $150,900 $174,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-134622

The MLS

APN: 6161-022-026