NOT LISTED FOR SALE

508 N Willow Ave Compton, CA 90221

Estimated Value: $650,752 - $760,000

4 Beds
2 Baths
1,964 Sq Ft
$359/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $380,000 $193 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,625/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Wrought Iron Fence
  • Wall Furnace
  • Tile Countertops
  • Carpet

About This Home

As of October 2014

Triplex (2) 1 Bed + 1 Bath and (1) 3 bed + 1 bath, excellent income property, great location, easy freeway access, seller is very motivated and will review all reasonable offers.

Last Agent to Sell the Property

Lorena Amaya

Century 21 My Real Estate License #01378332 Listed on: 06/27/2014

Last Buyer's Agent

Susana Hernandez

Excellence RE Real Estate License #01029371

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,599 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Brick Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Composition Roof

Interior Spaces

  • 1,964 Sq Ft Home
  • Carpet
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / 6
  • Tax Tract Number 5085
  • Assessor Parcel Number 6166024013

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CORH
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6166024013
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 193.48

Exterior Features

  • Fencing: Brick, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Flat
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • 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: 6599.00
  • Lot Size Acres: 0.1510

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6599.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 6
  • Tax Lot: 12
  • Tax Tract Number: 5085
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Arellano Emily Gomez
Bought by
Ayala Manuel
Current Estimated Value
$704,688

Purchase Details

Closed on
Sep 28, 2021
Sold by
Ray Gomez Living Trust and Gomez Ray
Bought by
Ayala Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2015
Sold by
Gomez Ray
Bought by
The Ray Gomez Living Trust

Purchase Details

Closed on
Jul 17, 2014
Sold by
Herrera Douglas A
Bought by
Gomez Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,950
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2011
Sold by
Aguilar Gloria
Bought by
Herrera Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,676
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2004
Sold by
Pena Evelyn
Bought by
Aguilar Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Herrera Antonio and Herrera Douglas
Bought by
Pena Evelyn and Aguilar Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.84%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Gonzalez Miguel A and Gonzalez Veronica
Bought by
Herrera Antonio and Herrera Douglas
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
Ayala Manuel -- New Title Company Name
Ayala Manuel $550,000 New Title Company Name
The Ray Gomez Living Trust -- Fidelity National Title Co
Gomez Ray $380,000 Fidelity National Title Co
Herrera Douglas A $210,000 Fidelity National Title Co
Aguilar Gloria -- Fidelity National Title Comp
Pena Evelyn $212,000 American Title Co
Herrera Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ayala Manuel $412,500
Previous Owner Gomez Ray $345,950
Previous Owner Herrera Douglas A $204,676
Previous Owner Aguilar Gloria $285,000
Previous Owner Pena Evelyn $169,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $380,000 -1.3% $193 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $385,000 -- $196 / 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 $11,197 $583,664 $424,483 $159,181
2024 $11,197 $572,220 $416,160 $156,060
2023 $11,030 $561,000 $408,000 $153,000
2022 $7,585 $430,355 $147,226 $283,129
2021 $7,656 $421,918 $144,340 $277,578
2020 $7,522 $417,592 $142,860 $274,732
2019 $7,435 $409,405 $140,059 $269,346
2018 $7,220 $401,378 $137,313 $264,065
2016 $6,864 $385,794 $131,982 $253,812
2015 $6,559 $380,000 $130,000 $250,000
2014 $4,011 $215,172 $112,709 $102,463
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lorena Amaya

    Century 21 My Real Estate

  • S

    Buyer's Agent in 2014

    Susana Hernandez

    Excellence RE Real Estate

    (562) 252-0132

    11 Total Sales

    Susana Hernandez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14135973

California Regional Multiple Listing Service (CRMLS)

APN: 6166-024-013

California Los Angeles County Compton 90221

508 N Willow Ave, Compton, CA

Not Listed for Sale

MultiFamily

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