NOT LISTED FOR SALE

453 W Magnolia St Compton, CA 90220

Estimated Value: $635,963 - $879,000

4 Beds
3 Baths
1,718 Sq Ft
$432/Sq Ft Est. Value

Last Sold April 22, 2020

Last sale price $540,000 $314 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,841/month

51 Days on Market

About This Home

As of April 2020

FANTASTIC OPPORTUNITY FOR A LARGE FAMILY, LIVE ON ONE AND RENT THE REAR UNIT. OR TWO FAMILIES CAN
ACQUIRED THIS PROPERTY AND SHARE THE PAYMENT.

Front house has 2 bedroom 2 bath, large living room with dining area, inside laundry
units shows well.

Rear house has 2 bedroom 1 bath. Large kitchen with dining area large formal dining room
small yard in the back with a two car garage. In need of TLC.

Last Agent to Sell the Property

Marie Ojeda

T.N.G. Real Estate Consultants License #01093554 Listed on: 01/19/2020

T.N.G. Real Estate Consultants

Last Buyer's Agent

Juan Ramirez

DLP Realty Sales & Loans License #01245671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,653

Year Built

  • Built in 1947

Lot Details

  • 5,997 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,718 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 32 / 2
  • Tax Tract Number 6207
  • Assessor Parcel Number 6157021032

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $350
  • Trash Expense $16
  • Water Sewer Expense $150
  • New Taxes Expense $6,529
  • Operating Expense $166
  • Gross Income $34,200
  • Net Operating Income $2,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,653

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Zoning: CORH*
  • Property Type: Residential Income
  • Parcel Number: 6157021032
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 314.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 16.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5997.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 34200.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 350.00
  • Lot Size Area: 5997.0000 Square Feet
  • Net Operating Income: 2850.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: Yes
  • Total Expenses: 166.00

Tax Info

  • New Taxes Expense: 6529.00
  • Tax Block: 2
  • Tax Census Tract: 5426.02
  • Tax Lot: 32
  • Tax Tract Number: 6207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2024
Sold by
Jones Christopher Morris
Bought by
Christopher M Jones Revocable Living Trust and Jones
Current Estimated Value
$745,611

Purchase Details

Closed on
Jul 14, 2021
Sold by
Jones Christopher Morris and Ramos Boris Orlando
Bought by
Jones Christopher Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2020
Closed on
Apr 1, 2020
Sold by
Wolde Girma and Wondimu Yewbdar
Bought by
Jones Christopher Morris and Ramos Boris Orlando
Seller's Agent
Marie Ojeda
T.N.G. Real Estate Consultants
Buyer's Agent
Juan Ramirez
DLP Realty Sales & Loans
List Price
$533,900
Sold Price
$540,000
Premium/Discount to List
$6,100
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$530,219
Interest Rate
3.29%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2015
Sold by
Wolde Girma
Bought by
Wolde Wondimu Family Revocable Trust

Purchase Details

Closed on
Apr 8, 2009
Sold by
Wolde Girma and Wondimu Yewbdar
Bought by
Wolde Girma

Purchase Details

Closed on
Jan 9, 2009
Sold by
Aurora Loan Services Llc
Bought by
Wolde Girma and Wondimu Yewbdar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2008
Sold by
Cortez Beatriz
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 18, 2006
Sold by
Cortez Jose
Bought by
Cortez Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2006
Sold by
Frutos Josefina and Frutos Jesus
Bought by
Cortez Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 5, 2006
Sold by
Frutos Josefina Guzman
Bought by
Guzman Frutos Jesus and Guzman Frutos Josefina

Purchase Details

Closed on
Feb 3, 1999
Sold by
Hud
Bought by
The Nunoi Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.77%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 27, 1997
Sold by
Gomez Hector and Nationsbanc Mtg Corp
Bought by
Nationsbanc Mtg Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Christopher M Jones Revocable Living Trust -- None Listed On Document
Jones Christopher Morris -- North American Title
Jones Christopher Morris $540,000 Ticor Title
Wolde Wondimu Family Revocable Trust -- None Available
Wolde Girma -- None Available
Wolde Girma $225,000 First American Title Company
Aurora Loan Services Llc $381,800 Accommodation
Cortez Beatriz -- Ticor Title Company
Cortez Beatriz $495,000 Ticor Title Company
Guzman Frutos Jesus -- None Available
The Nunoi Foundation $113,500 --
Hud -- Benefit Land Title Ins Co
Nationsbanc Mtg Corp $156,339 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Christopher Morris $521,000
Previous Owner Jones Christopher Morris $530,219
Previous Owner Wolde Girma $168,750
Previous Owner Cortez Beatriz $99,000
Previous Owner Cortez Beatriz $396,000
Previous Owner The Nunoi Foundation $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2020 04/22/20 Sold $540,000 +1.1% $314 / Sq Ft
03/07/2020 03/07/20 For Sale $533,900 -1.1% $311 / Sq Ft
02/26/2020 02/26/20 Off Market $540,000 -- --
02/18/2020 02/18/20 Price Changed $533,900 +3.7% $311 / Sq Ft
02/05/2020 02/05/20 Price Changed $514,900 -0.2% $300 / Sq Ft
02/01/2020 02/01/20 Price Changed $515,900 -0.8% $300 / Sq Ft
01/29/2020 01/29/20 Price Changed $519,900 0.0% $303 / Sq Ft
01/20/2020 01/20/20 Price Changed $520,000 +2.0% $303 / Sq Ft
01/19/2020 01/19/20 For Sale $510,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,653 $590,564 $295,282 $295,282
2024 $10,653 $578,986 $289,493 $289,493
2023 $10,502 $567,634 $283,817 $283,817
2022 $9,259 $560,750 $286,625 $274,125
2021 $9,469 $545,594 $272,797 $272,797
2020 $4,895 $264,925 $117,744 $147,181
2019 $4,889 $259,732 $115,436 $144,296
2018 $4,642 $254,640 $113,173 $141,467
2016 $4,410 $244,754 $108,779 $135,975
2015 $4,216 $241,079 $107,146 $133,933
2014 $4,145 $236,358 $105,048 $131,310
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20013117

California Regional Multiple Listing Service (CRMLS)

APN: 6157-021-032