NOT LISTED FOR SALE

507 S Harris Ave Compton, CA 90221

Estimated Value: $886,870 - $940,000

5 Beds
3 Baths
3,160 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $450,000 $142 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,493/month

40 Days on Market

About This Home

As of January 2014

Excellent Owner/User property that has been fully updated with granite countertops, new carpet and paint throughout. Live in one and rent out the other two units. This triplex has a large lot with plenty of parking and is on a quiet residential street. Standard Sale, not an REO or Short Sale. The front unit is a large 3 bed / 2 bath unit and the two units in back are both 2 bed / 1 bath units.

Last Agent to Sell the Property

Daron Campbell

LPT Realty, Inc License #01150099 Listed on: 10/14/2013

LPT Realty, Inc

Last Buyer's Agent

Christian Castellanos

United Real Estate Pacific States License #01496982

United Real Estate Pacific States

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 9,182 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,160 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 7564
  • Assessor Parcel Number 6181017023

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6181017023
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 142.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9182.00
  • Lot Size Acres: 0.2110

Multi Family

  • Lot Size Area: 9182.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 7564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2014
Sold by
Soto Rogelio and Soto Rogelio
Bought by
Soto Rogelio
Current Estimated Value
$912,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$264,909
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$647,559

Purchase Details

Listed on
Oct 14, 2013
Closed on
Jan 24, 2014
Sold by
Friends Of South Central Los Angeles Reg
Bought by
Soto Rogelio and Soto Rogelio
Seller's Agent
Daron Campbell
LPT Realty, Inc
Buyer's Agent
Christian Castellanos
United Real Estate Pacific States
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$412,087
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 3, 2013
Sold by
Soto Amalia
Bought by
Soto Rogelio
Seller's Agent
Daron Campbell
LPT Realty, Inc
Buyer's Agent
Christian Castellanos
United Real Estate Pacific States
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,087
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2013
Sold by
Us Bank National Association
Bought by
Friends Of South Central Los Angeles Reg

Purchase Details

Closed on
Dec 1, 2012
Sold by
Jimenez Jose Luis
Bought by
Jimenez Jose Luis and Jimenez Marcos D

Purchase Details

Closed on
Nov 16, 2012
Sold by
Jimenez Jose Luis
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 30, 2005
Sold by
Jimenez Maria E
Bought by
Jimenez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,700
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2005
Sold by
Welch Gregory
Bought by
Jimenez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,700
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 2003
Sold by
Welch Gregory and Daniels Charlotte
Bought by
Dabbs Winston

Purchase Details

Closed on
Apr 20, 1998
Sold by
Welch Gregory
Bought by
Welch Gregory and Daniels Charlotte

Purchase Details

Closed on
Jan 13, 1998
Sold by
Welch Gregory and Daniels Charlotte
Bought by
Welch Gregory

Purchase Details

Closed on
Jun 4, 1997
Sold by
Henry Dolores A and Blair Christina
Bought by
Welch Gregory J and Welch Daniel Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,100
Interest Rate
7.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Soto Rogelio -- Lawyers Title
Soto Rogelio $450,000 Nations Title Company Of Ca
Soto Rogelio -- Nations Title Company Of Ca
Friends Of South Central Los Angeles Reg -- Nations Title Company Of Ca
Jimenez Jose Luis -- None Available
Us Bank National Association $340,000 None Available
Jimenez Jose Luis -- Diversified Title & Escrow S
Jimenez Jose Luis $577,000 --
Welch Gregory -- Diversified Title & Escrow S
Dabbs Winston -- --
Welch Gregory -- --
Welch Gregory -- --
Welch Gregory J $165,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Rogelio $350,000
Closed Soto Rogelio $412,087
Previous Owner Jimenez Jose Luis $57,700
Previous Owner Jimenez Jose Luis $461,600
Previous Owner Welch Gregory J $212,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $450,000 +0.2% $142 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $449,000 -- $142 / 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 $8,555 $546,225 $218,490 $327,735
2024 $8,555 $535,515 $214,206 $321,309
2023 $8,415 $525,015 $210,006 $315,009
2022 $6,925 $514,722 $205,889 $308,833
2021 $7,045 $504,630 $201,852 $302,778
2020 $6,908 $500,277 $199,783 $300,494
2019 $6,849 $490,485 $195,866 $294,619
2018 $6,557 $480,885 $192,026 $288,859
2016 $6,203 $461,425 $184,570 $276,855
2015 $5,874 $454,495 $181,798 $272,697
2014 $4,533 $325,000 $125,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Daron Campbell

    Seller's Agent in 2014

    Daron Campbell

    LPT Realty, Inc

    (818) 251-6980

    25 Total Sales

    Daron Campbell
    Section Image

  • C

    Buyer's Agent in 2014

    Christian Castellanos

    United Real Estate Pacific States

    (323) 562-7777

    19 Total Sales

    Christian Castellanos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13209531

California Regional Multiple Listing Service (CRMLS)

APN: 6181-017-023

California Los Angeles County Compton 90221

507 S Harris Ave, Compton, CA

Not Listed for Sale

MultiFamily

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