417 E Palmer St Compton, CA 90221
Estimated Value: $1,036,000 - $1,074,000
8
Beds
4
Baths
3,164
Sq Ft
$334/Sq Ft
Est. Value
About This Home
As of May 2015** Price Reduction** Great looking building, close to stores, church, schools and public transportation. All units are 2 bedrooms, great location and opportunity to generate cash flow.
Last Listed By
Edison Echeverry
Keller Williams Realty License #01224344 Listed on: 02/20/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,412
Year Built
- Built in 1944
Lot Details
- 6,051 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Private Yard
Parking
- 4 Car Garage
- Parking Available
Home Design
- 3,164 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 6166018001
Community Details
Overview
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $600
- New Taxes Expense $6,875
- Net Operating Income $7,826
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2019
Sold by
Ibarra Ricardo and Ibarra Alicia
Bought by
Ibarra Alicia and Ibarra Ricardo
Total Days on Market
59
Current Estimated Value
Purchase Details
Closed on
Jul 18, 2018
Sold by
Rodriguez Fabian
Bought by
Ibarra Ricardo and Ibarra Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$214,965
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$840,578
Purchase Details
Listed on
Feb 20, 2015
Closed on
May 1, 2015
Sold by
Banks John L
Bought by
Rodriguez Fabian
Seller's Agent
Edison Echeverry
Keller Williams Realty
Buyer's Agent
George Ruiz
VIP Real Estate Firm
List Price
$550,000
Sold Price
$472,000
Premium/Discount to List
-$78,000
-14.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$471,306
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 1998
Sold by
Knott Curtis E
Bought by
Banks John L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.63%
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
Similar Homes in Compton, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ibarra Alicia | -- | None Available | |
| Ibarra Ricardo | $695,000 | Old Republic Title Company | |
| Rodriguez Fabian | $480,000 | Fidelity National Title Co | |
| Banks John L | -- | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ibarra Ricardo | $245,000 | |
| Previous Owner | Rodriguez Fabian | $510,276 | |
| Previous Owner | Rodriguez Fabian | $469,214 | |
| Previous Owner | Rodriguez Fabian | $471,306 | |
| Previous Owner | Banks John L | $300,000 | |
| Previous Owner | Banks John L | $243,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2015 05/27/15 | Sold | $472,000 | -14.2% | $149 / Sq Ft |
| 04/20/2015 04/20/15 | Pending | -- | -- | -- |
| 02/20/2015 02/20/15 | For Sale | $550,000 | -- | $174 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,412 | $760,079 | $218,727 | $541,352 |
| 2023 | $13,257 | $745,177 | $214,439 | $530,738 |
| 2022 | $12,486 | $730,567 | $210,235 | $520,332 |
| 2021 | $12,608 | $716,243 | $206,113 | $510,130 |
| 2019 | $12,237 | $695,000 | $200,000 | $495,000 |
| 2018 | $9,132 | $507,004 | $158,438 | $348,566 |
| 2016 | $8,670 | $487,319 | $152,287 | $335,032 |
| 2015 | $6,401 | $358,464 | $184,488 | $173,976 |
| 2014 | $6,296 | $351,444 | $180,875 | $170,569 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2015
Edison Echeverry
Keller Williams Realty
(562) 644-4544
11 Total Sales
-
George Ruiz
Buyer's Agent in 2015
George Ruiz
VIP Real Estate Firm
(562) 746-9412
2 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR15036289
APN: 6166-018-001
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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
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