$349,000
SOLD OCT 16, 2013

505 W Palm St Compton, CA 90220

2 Beds
1 Bath
1,536 Sq Ft
6,241 Sq Ft Lot

Recently Sold

$227 Per Sq Ft

24 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Wall Furnace
  • No HOA
  • Wood Fence

About This Home

As of May 2019

Brand New 2 Unit Duplex. Everything has been redone. New Roof, New Kitchens, New Appliances, New Baths, New Flooring, New Carpet in all rooms, Ceiling Fans, New Electrical Panels, Private Fence, Fresh Paint inside and out MUST SEE! WILL NOT LAST! Perfect for 1st Buyer Live in one and rent the other. No need to do anything else. Great area and Close to Shops!

Last Agent to Sell the Property

Alfred Zamudio

Berkshire Hathaway H.S.C.P. License #01248176 Listed on: 08/16/2013

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Diego Esquivel

Camerra Capital License #01733351

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,460

Year Built

  • Built in 1945

Lot Details

  • 6,241 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,536 Sq Ft Home
  • Double Pane Windows
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 11908
  • Assessor Parcel Number 6161017013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,460

Year Built

Built in 1945

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6161017013
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 227.21
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Microwave
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6241.00
  • Lot Size Acres: 0.1430

Multi Family

  • Average2 Bed Area: 768
  • Lot Size Area: 6241.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Range: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 11908
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Apr 12, 2019
Sold by
Moran Lorenzo and Chen Xingtong
Bought by
Shayan Sheila
Seller's Agent
Ulises Gutierrez
Realty One Group United
Buyer's Agent
Jaklin Elia
Rodeo Realty
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$763,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,383
Avg. Annual Appreciation
6.52%
Original Mortgage
$408,000
Outstanding Balance
$356,493
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$406,890

Purchase Details

Listed on
Sep 12, 2014
Closed on
Nov 24, 2014
Sold by
Rosario Yahira Maria
Bought by
Moran Lorenzo and Chen Xingtong
Seller's Agent
Diego Esquivel
Camerra Capital
Buyer's Agent
Ulises Gutierrez
Realty One Group United
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$262,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2013
Closed on
Sep 11, 2013
Sold by
Ajja Investments Llc
Bought by
Rosario Yahira Maria
Seller's Agent
Alfred Zamudio
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Diego Esquivel
Camerra Capital
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$342,678
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Ajja Investments Llc

Purchase Details

Closed on
Feb 3, 2011
Sold by
Portillo Omar and Leon Micaela
Bought by
Deutsche Bank National Trust Company and Ocwen Loan Servicing Llc

Purchase Details

Closed on
Dec 17, 2003
Sold by
Portillo Omar and Figueroa Soledad B
Bought by
Portillo Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2002
Sold by
Lopez L Martin
Bought by
Lopez Jesus B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 2002
Sold by
Lopez Jesus B
Bought by
Portillo Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $510,000 Fidelity National Title Co
Grant Deed $380,000 North American Title Co
Grant Deed $349,000 Orange Coast Title Company O
Grant Deed $191,500 Premium Title Of Ca Inc
Trustee Deed $207,000 None Available
Interfamily Deed Transfer -- United Title Company/La
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $160,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $408,000 New Conventional
Previous Owner $262,500 New Conventional
Previous Owner $342,678 FHA
Previous Owner $189,000 Purchase Money Mortgage
Previous Owner $157,528 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $510,000 0.0% $332 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/06/2019 04/06/19 Price Changed $510,000 +2.2% $332 / Sq Ft
02/22/2019 02/22/19 For Sale $499,000 +31.3% $325 / Sq Ft
12/08/2014 12/08/14 Sold $380,000 -2.5% $247 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
09/12/2014 09/12/14 For Sale $389,900 +11.7% $254 / Sq Ft
10/16/2013 10/16/13 Sold $349,000 0.0% $227 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $349,000 -- $227 / 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 $10,460 $568,909 $223,101 $345,808
2024 $10,460 $557,755 $218,727 $339,028
2023 $10,314 $546,820 $214,439 $332,381
2022 $9,088 $536,099 $210,235 $325,864
2021 $9,186 $525,588 $206,113 $319,475
2020 $9,020 $520,200 $204,000 $316,200
2019 $7,294 $409,405 $175,612 $233,793
2018 $7,065 $401,378 $172,169 $229,209
2016 $6,722 $385,794 $165,485 $220,309
2015 $6,419 $380,000 $163,000 $217,000
2014 $5,936 $349,000 $149,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13165534

California Regional Multiple Listing Service (CRMLS)

APN: 6161-017-013