NOT LISTED FOR SALE

505 N Poinsettia Ave Compton, CA 90221

Estimated Value: $739,000 - $893,000

4 Beds
2 Baths
1,674 Sq Ft
$492/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $642,000 $384 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,080/month

6 Days on Market

Highlights

  • Stone Countertops
  • Tile Flooring
  • Turnkey
  • Laundry Room
  • ENERGY STAR Qualified Windows
  • Wood Fence

About This Home

As of May 2020

BEAUTIFULLY REMODELED DUPLEX!! CONSISTING OF 2 BEDROOMS 1 BATH EACH!! BOTH UNITS ARE IDENTICAL AND WENT THROUGH EXTREME REHABILITATION!! BOTH HOMES FEATURE A GREAT OPEN FLOOR PLAN!! NEW KITCHEN CABINETS WITH QUARTZ COUNTERTOPS, NEW LAMINATE FLOORING THROUGHOUT, RECESS LIGHTING, NEW ELECTRICAL PANELS AND WIRING, NEW BATHROOMS AND FIXTURES, NEW PLUMBING, NEW WINDOWS, NEW ROOF!! EVERYTHING IS NEW!!! ALL DONE WITH CITY PERMITS!! 2 CAR DETACHED GARAGE WITH NEW DOOR AND AUTOMATIC OPENER!! ALSO HAS AN EXTRA STORAGE ROOM ATTACHED TO GARAGE!! ZERO MAINTENANCE PROPERTY FOR MANY YEARS!! LIVE IN ONE AND RENT THE OTHER!! CAN CONVERT GARAGE INTO ADU FOR MORE INCOME!! HUGE LOT ZONED RH* CAN BUILD UP TO 5 UNITS!! MULTIPLE POSSIBILITIES!! BRING YOUR PICKIEST BUYERS!!! TOO MUCH TO LIST!!

Last Agent to Sell the Property

Israel Vega Ochoa

Remax Innovative License #02044580 Listed on: 03/25/2020

Remax Innovative

Last Buyer's Agent

Genesis White

Pacific Home Brokers License #01976959

Pacific Home Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 7,025 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached
  • Turnkey
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Windows
  • Stone Countertops
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 32 / 27
  • Tax Tract Number 5085
  • Assessor Parcel Number 6178018031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1948 | Remodeled

Lot Details

7,025 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Zoning: CORH*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6178018031
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Stone Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 383.51
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • 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: Lot 6500-9999
  • Lot Size Sq Ft: 7025.00
  • Lot Size Acres: 0.1613

Multi Family

  • Lot Size Area: 7025.0000 Square Feet
  • 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 Block: 27
  • Tax Census Tract: 5416.05
  • Tax Lot: 32
  • Tax Tract Number: 5085

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Wilkerson Errol
Bought by
Errol Wilkerson Living Trust and Wilkerson
Current Estimated Value
$783,515

Purchase Details

Listed on
Mar 25, 2020
Closed on
Apr 28, 2020
Sold by
Maximum Properties Inc
Bought by
Wilkerson Errol
Seller's Agent
Israel Vega Ochoa
Remax Innovative
Buyer's Agent
Genesis White
Pacific Home Brokers
List Price
$639,999
Sold Price
$642,000
Premium/Discount to List
$2,001
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$665,112
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Aug 19, 2019
Closed on
Nov 7, 2019
Sold by
Gilliams Floyd A
Bought by
Williams Delia C
Seller's Agent
DARRYL GILLIAMS
ALTICORE REALTY
Buyer's Agent
Rosie Botero
TAMAYO & ASSOC. R.E.
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.25%
Original Mortgage
$40,000
Interest Rate
3.6%

Purchase Details

Listed on
Aug 19, 2019
Closed on
Nov 5, 2019
Sold by
Weatherspoon Margaret
Bought by
Maximum Properties Inc
Seller's Agent
DARRYL GILLIAMS
ALTICORE REALTY
Buyer's Agent
Rosie Botero
TAMAYO & ASSOC. R.E.
List Price
$469,900
Sold Price
$460,000
Premium/Discount to List
-$9,900
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.6%

Purchase Details

Closed on
Aug 27, 2019
Sold by
Weatherspoon Julius
Bought by
Weatherspoon Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.6%
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

Date Buyer Sale Price Title Company
Errol Wilkerson Living Trust -- None Listed On Document
Wilkerson Errol $642,000 First American Title Company
Williams Delia C -- First American Title Company
Maximum Properties Inc $460,000 First American Title Company
Weatherspoon Margaret -- First American Title Company
Weatherspoon Margaret -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilkerson Errol $665,112
Previous Owner Williams Delia C $40,000
Previous Owner Maximum Properties Inc $437,000
Previous Owner Weatherspoon Margaret $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2020 05/15/20 Sold $642,000 +0.3% $384 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $639,999 +39.1% $382 / Sq Ft
11/27/2019 11/27/19 Sold $460,000 -2.1% $271 / Sq Ft View Prior Sale
10/18/2019 10/18/19 Pending -- -- --
08/19/2019 08/19/19 For Sale $469,900 -- $277 / 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 $12,580 $702,118 $328,093 $374,025
2024 $12,580 $688,352 $321,660 $366,692
2023 $12,409 $674,855 $315,353 $359,502
2022 $11,052 $661,623 $309,170 $352,453
2021 $11,174 $648,651 $303,108 $345,543
2020 $8,468 $460,440 $220,000 $240,440
2019 $1,309 $45,867 $21,066 $24,801
2018 $1,192 $44,977 $20,653 $24,324
2016 $1,125 $42,809 $19,852 $22,957
2015 $1,090 $42,167 $19,554 $22,613
2014 $1,087 $41,342 $19,171 $22,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20063101

California Regional Multiple Listing Service (CRMLS)

APN: 6178-018-031

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