NOT LISTED FOR SALE

512 N Spring Ave Compton, CA 90221

Estimated Value: $657,000 - $754,000

4 Beds
2 Baths
1,587 Sq Ft
$438/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2015

Last sale price $330,000 $208 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,372 / mo

9 Days on Market

About This Home

As of February 2015

Standard Sale!!! Recently upgraded from the interior. Great rental income.

Last Agent to Sell the Property

GERARDO CORONA

DIVERSIFIED WORKS License #00941523 Listed on: 09/15/2014

Last Buyer's Agent

Jorge Jara

SoCal 5 Real Estate License #01204137

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,500 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,587 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 5085
  • Assessor Parcel Number 6166021010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,125
  • Gross Income $2,400
  • Net Operating Income $2,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

6,500 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6166021010
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 207.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6500.0000 Square Feet
  • Net Operating Income: 2160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 240.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4125.00
  • Tax Lot: 12
  • Tax Tract Number: 5085
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2014
Closed on
Feb 5, 2015
Sold by
Bought by
Seller's Agent
GERARDO CORONA
DIVERSIFIED WORKS
Buyer's Agent
Jorge Jara
SoCal 5 Real Estate
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$695,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,313
Avg. Annual Appreciation
6.80%
Original Mortgage
$324,022
Outstanding Balance
$247,257
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$448,056

Purchase Details

Closed on
Jun 28, 2012
Sold by
Bought by

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
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Bought by

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
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
8.79%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 1997
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$330,000 Chicago Title Company
$175,000 Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- None Available
-- None Available
-- Chicago Title Co
-- None Available
-- None Available
$378,000 Orange Coast Title
-- Investors Title Company
-- --
-- --
$270,000 Chicago Title Co
$180,000 Gateway Title Company
$130,000 Orange Coast Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $324,022
Previous Owner $189,000
Previous Owner $302,400
Previous Owner $300,000
Previous Owner $256,500
Previous Owner $178,528
Previous Owner $91,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/20/2015 02/20/15 Sold $330,000 0.0% $208 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $330,000 -- $208 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,408 $396,604 $198,302 $198,302
2024 $7,733 $388,828 $194,414 $194,414
2023 $7,621 $381,204 $190,602 $190,602
2022 $6,563 $373,730 $186,865 $186,865
2021 $6,627 $366,402 $183,201 $183,201
2019 $6,437 $355,536 $177,768 $177,768
2018 $6,211 $348,566 $174,283 $174,283
2016 $5,908 $335,032 $167,516 $167,516
2015 $3,945 $220,291 $117,830 $102,461
2014 $3,881 $215,976 $115,522 $100,454
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    GERARDO CORONA

    DIVERSIFIED WORKS

    (562) 463-9919

    21 Total Sales

    GERARDO CORONA
    Section Image

  • J

    Buyer's Agent in 2015

    Jorge Jara

    SoCal 5 Real Estate

    (562) 309-9999

    44 Total Sales

    Jorge Jara
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14198844

California Regional Multiple Listing Service (CRMLS)

APN: 6166-021-010

California Los Angeles County Compton 90221

512 N Spring Ave, Compton, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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