NOT LISTED FOR SALE

504 W Elm St Compton, CA 90220

Estimated Value: $606,000 - $781,000

4 Beds
2 Baths
1,208 Sq Ft
$579/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $412,000 $341 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,392/month

55 Days on Market

Highlights

  • Spanish Architecture
  • Laundry Room
  • 2 Car Garage
  • Living Room
  • Ceiling Fan
  • Wrought Iron Fence

About This Home

As of November 2016

A rare find, fully remodeled duplex in Compton. Both units come with two spacious bedrooms, a bathroom, a living room, and a kitchen. Units are ready to move in. As you walk in, you will notice the custom laminate flooring, that carries through out the kitchen. As you pass the living room, and into the kitchen, you will notice the sleek white shaker cabinets, with custom quartz counter tops. Followed by the bedrooms, which all have new carpet flooring. The bathrooms have been redone with new vanities, shower enclosures, toilets, and flooring. The outside of the building has a new electrical panel for both units. If that was not enough, you will get all new windows, and interior and exterior paint fully redone. Basically you will not find units like these very easily. So do not let them go by, come and take a look.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 09/27/2016

Last Buyer's Agent

Lorena Madrid

Supreme Realty License #01800211

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,000 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Property Attached
  • Raised Foundation
  • Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,208 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3,4
  • Tax Tract Number 4000
  • Assessor Parcel Number 6151013002

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,400
  • Net Operating Income $28,800

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: COR2YY
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 6151013002
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Price Per Square Foot: 341.06
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Clay, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 5000.00
  • Price Per Lot Square Foot: 80.00

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 3,4
  • Tax Tract Number: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2016
Closed on
Nov 1, 2016
Sold by
Breckenridge Property Fund 2015 Llc
Bought by
Duran Walter Antonio and Delvillar Miriam Carolina
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Lorena Madrid
Supreme Realty
List Price
$400,000
Sold Price
$412,000
Premium/Discount to List
$12,000
3%
Current Estimated Value
$699,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,068
Avg. Annual Appreciation
5.96%
Original Mortgage
$404,537
Outstanding Balance
$328,109
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$370,959

Purchase Details

Closed on
Nov 24, 2015
Sold by
Zamora Cecilio
Bought by
Breckenridge Property Fund 2015 Llc

Purchase Details

Closed on
May 6, 2002
Sold by
Hud
Bought by
Zamora Cecilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
6.83%

Purchase Details

Closed on
Feb 8, 2002
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Nov 29, 2001
Sold by
Nelson Andrew
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Purchase Details

Closed on
Aug 30, 2000
Sold by
Sngiem Phirum
Bought by
Nelson Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,618
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 1999
Sold by
Hud
Bought by
Sngiem Phirum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 21, 1998
Sold by
Mesa Jose
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 29, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jan 12, 1995
Sold by
Nieves Manuel G
Bought by
Mesa Jose and Mesa Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duran Walter Antonio $412,000 Title 365
Breckenridge Property Fund 2015 Llc $226,000 Accommodation
Zamora Cecilio $145,000 Fidelity Title
Hud -- Fidelity National Title Ins
Wells Fargo Home Mtg Inc $183,079 --
Nelson Andrew $169,000 --
Sngiem Phirum $88,500 Provident Title
Countrywide Home Loans Inc $150,291 Landsafe Title
Hud -- Landsafe Title
Mesa Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duran Walter Antonio $404,537
Previous Owner Zamora Cecilio $140,650
Previous Owner Nelson Andrew $167,618
Previous Owner Sngiem Phirum $82,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $412,000 +3.0% $341 / Sq Ft
10/06/2016 10/06/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $400,000 -2.9% $331 / Sq Ft
08/29/2016 08/29/16 Off Market $412,000 -- --
08/29/2016 08/29/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $400,000 -- $331 / 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 $8,885 $478,152 $239,076 $239,076
2024 $8,885 $468,778 $234,389 $234,389
2023 $8,757 $459,588 $229,794 $229,794
2022 $7,620 $450,578 $225,289 $225,289
2021 $7,703 $441,744 $220,872 $220,872
2019 $7,476 $428,644 $214,322 $214,322
2018 $7,289 $420,240 $210,120 $210,120
2016 $4,083 $226,000 $113,000 $113,000
2015 $3,216 $178,221 $86,038 $92,183
2014 $3,165 $174,731 $84,353 $90,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16177491

California Regional Multiple Listing Service (CRMLS)

APN: 6151-013-002