NOT LISTED FOR SALE

427 W Laurel St Compton, CA 90220

Estimated Value: $1,440,000 - $2,731,000

14 Beds
8 Baths
5,172 Sq Ft
$346/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2016

Last sale price $800,000 $155 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $10,879 / mo

345 Days on Market

Highlights

  • Tile Flooring
  • Wrought Iron Fence
  • Heating System Uses Natural Gas
  • Benjamin O. Davis Middle School Rated 9+

About This Home

As of December 2016

Huge well maintained 4plex. New roof, tiled foors most units. Fully occupied. Easy to take care. Great investment opportunity. Must see! Well priced under market value.

Last Agent to Sell the Property

DanThao Doan

DanThao T. Doan - Broker License #01707223 Listed on: 05/12/2016

Last Buyer's Agent

Elena Moric

The Realestate Group License #01494643

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,154

Year Built

  • Built in 1965

Lot Details

  • 8,060 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre

Parking

  • 8 Car Garage
  • Carport
  • Parking Available

Home Design

  • 5,172 Sq Ft Home
  • Ranch Style House
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Stucco

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Freezer
  • Formica Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Sewer Paid

Community Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $1,997
  • Trash Expense $2,046
  • Water Sewer Expense $2,100
  • New Taxes Expense $8,679
  • Operating Expense $15,373
  • Gross Income $5,915
  • Net Operating Income $55,601

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 72
  • Assessor Parcel Number 6161022022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,154

Year Built

Built in 1965

Lot Details

8,060 Sq Ft Lot

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 6161022022
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formica Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 154.68

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Free-Standing Range, Freezer, Gas Oven, Gas Cooktop
  • Heating Type: Natural Gas
  • Sewer: Sewer Paid
  • Trash Expense: 2046.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8060.00
  • Price Per Lot Square Foot: 99.26
  • Lot Size Acres: 0.1850

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 5915.00
  • Gross Scheduled Income: 70980.00
  • Insurance Expense: 1997.00
  • Lot Size Area: 8060.0000 Square Feet
  • Net Operating Income: 55601.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Operating Expense: 15379.00
  • Rent Control: No
  • Total Expenses: 15373.00

Tax Info

  • New Taxes Expense: 8679.00
  • Tax Lot: 72
  • Tax Annual Amount: 7154.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Dec 5, 2016
Sold by
Povolo Luis Marcelo and De La Cruz Monica Evert
Bought by
Cygnum Group Inc
Seller's Agent
DanThao Doan
DanThao T. Doan - Broker
Buyer's Agent
Elena Moric
The Realestate Group
List Price
$699,000
Sold Price
$800,000
Premium/Discount to List
$101,000
14.45%
Current Estimated Value
$1,788,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$988,889
Avg. Annual Appreciation
8.90%
Original Mortgage
$459,000
Outstanding Balance
$210,325
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,578,564

Purchase Details

Listed on
May 12, 2016
Closed on
Nov 7, 2016
Sold by
Rodriguez Dan Thao Doan and Doan Dan Thao Thai
Bought by
Povolo Luis Marcelo and Delacruz Monica Evert
Seller's Agent
DanThao Doan
DanThao T. Doan - Broker
Buyer's Agent
Elena Moric
The Realestate Group
List Price
$699,000
Sold Price
$800,000
Premium/Discount to List
$101,000
14.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Outstanding Balance
$210,325
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$1,578,564

Purchase Details

Closed on
Mar 25, 2016
Sold by
Rodriguez Ozcar Mario
Bought by
Rodriguez Dan Thao Doan

Purchase Details

Closed on
Mar 29, 2006
Sold by
Nguyen Minh Thanh
Bought by
Doan Dan Thao Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2004
Sold by
Le Say Thi
Bought by
Nguyen Minh Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Nguyen Thuy Thi
Bought by
Nguyen Minh Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Blair Nicholas
Bought by
Nguyen Thuy Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2000
Sold by
Hud
Bought by
Blair Nicholas

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
4.95%

Purchase Details

Closed on
Jan 13, 1999
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jan 7, 1999
Sold by
Ramirez Gustavo and Ramirez Esteban
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp

Purchase Details

Closed on
Nov 6, 1995
Sold by
Thomas Russell E and Thomas Annie B
Bought by
Ramirez Gustavo and Ramirez Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,911
Interest Rate
7.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 1994
Sold by
Thomas Russell E and Thomas Annie E B
Bought by
Thomas Russell E and Thomas Annie E B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Cygnum Group Inc -- None Available
Povolo Luis Marcelo $800,000 First American Title Company
Rodriguez Dan Thao Doan -- First American Title Company
Doan Dan Thao Thai $725,000 Fidelity National Title
Nguyen Minh Thanh -- Security Union Title
Nguyen Minh Thanh $500,000 Security Union
Nguyen Thuy Thi $410,000 Southland Title
Blair Nicholas $250,000 Stewart Title
Hud -- First Southwestern Title Co
Fleet Mtg Corp $254,485 --
Ramirez Gustavo $229,000 --
Thomas Russell E -- --
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 Povolo Luis Marcelo $459,000
Previous Owner Doan Dan Thao Thai $471,250
Previous Owner Nguyen Minh Thanh $311,500
Previous Owner Nguyen Thuy Thi $369,000
Previous Owner Blair Nicholas $225,000
Previous Owner Ramirez Gustavo $220,911
Closed Nguyen Minh Thanh $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $800,000 0.0% $155 / Sq Ft
11/22/2016 11/22/16 Off Market $800,000 -- --
08/12/2016 08/12/16 Price Changed $800,000 +14.4% $155 / Sq Ft
12/22/2015 12/22/15 For Sale $699,000 -- $135 / 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
2025 $16,069 $928,462 $232,114 $696,348
2024 $16,069 $910,258 $227,563 $682,695
2023 $15,885 $892,410 $223,101 $669,309
2022 $14,962 $874,913 $218,727 $656,186
2021 $15,098 $857,759 $214,439 $643,320
2019 $14,654 $832,320 $208,080 $624,240
2018 $14,248 $816,000 $204,000 $612,000
2016 $9,760 $550,000 $227,600 $322,400
2015 $8,679 $500,000 $206,900 $293,100
2014 $7,905 $450,000 $186,200 $263,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15265765

California Regional Multiple Listing Service (CRMLS)

APN: 6161-022-022

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