NOT LISTED FOR SALE

524 W Elm St Compton, CA 90220

Estimated Value: $717,829 - $924,000

6 Beds
4 Baths
2,388 Sq Ft
$348/Sq Ft Est. Value

Last Sold May 05, 2014

Last sale price $404,000 $169 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,177/month

68 Days on Market

Highlights

  • Traditional Architecture
  • 2 Car Direct Access Garage
  • Dining Area
  • Great Room

About This Home

As of May 2014

At last - a wonderful opportunity to buy a newer duplex (built in 1993 per assessor). Each townhouse style unit with approx 1200 sq.ft. feels like a single family residence. Live in one and rent the other. #526 is occupied by long term tenant with current monthly rent of $1676. #524 is vacant for owner occupancy although it is rent ready with new paint & new carpeting. Both units are identical with 3 bedrms, 2 bathrms, attached 2 car garage with direct access & separate yds. Great room downstairs has spacious living room, kitchen with built-ins, dining area & conveniently located door to the grassy backyd. All good size bedrooms are located upstairs with ample closet space. Washer & dryer hookups are located in the garage. Ample parking - 2 car garage + 2 parking spots in the driveway i.e. a total of 4 parking spots for each unit. Within walking distance to schools. Appliance vouchers (stove & dish/washer) will be given for vacant unit at COE. Sellers will consider FHA offer

Last Agent to Sell the Property

Prabhavati Bharadwa Mina

Power Brokers License #00845317 Listed on: 01/12/2014

Last Buyer's Agent

Edgar Cortez

License #01270740

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,197

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 5,002 Sq Ft Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,388 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Great Room
  • Dining Area
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 6151-013-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,197

Year Built

Built in 1993 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2388
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1993
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 179.65
  • Windows: Mini Blinds

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Attached, Covered Parking, Direct Entrance, Door Opener, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Private Garage
  • Total Parking: 8

Utilities

  • Heating: Wall Gas
  • Sewer: In Street Paid
  • Water Expense: 2943.00

Fee Information

  • Insurance Expense: 695.00

Lot Info

  • Assessed Improvement Value: 102768
  • Assessed Land Value: 103795
  • Assessor Parcel Number: 6151-013-010
  • Geocode Override: Yes
  • Lot Size Area: 5002

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.75
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 8757
  • Type Of Units: Duplex
  • Vacancy Rate: 50

Tax Info

  • Tax Expense: 3724.00
  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2014
Sold by
Bharadwa Rajnikant
Bought by
Colon Isaac T
Current Estimated Value
$831,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2012
Sold by
Bharadwa Rajnikant
Bought by
Bharadwa Rajnikant and Bharadwa Prabhavati

Purchase Details

Closed on
Aug 20, 2009
Sold by
Us Bank National Association
Bought by
Bharadwa Rajnikant and Bharadwa Prabhavati

Purchase Details

Closed on
Jun 25, 2009
Sold by
Ramirez Aaron
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 25, 2008
Sold by
Alcor Investments Llc
Bought by
Ramirez Aaron

Purchase Details

Closed on
May 24, 2007
Sold by
Ramirez Aaron
Bought by
Alcor Investments Llc

Purchase Details

Closed on
Jul 19, 2000
Sold by
Ramirez Aaron
Bought by
Ramirez Aaron and Ramirez Saul

Purchase Details

Closed on
Jul 1, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Ramirez Aaron and Saravia Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,438
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1999
Sold by
Aguilar Luis E
Bought by
Washington Mutual Bank Fa
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 Buyer Sale Price Title Company
Colon Isaac T $404,000 Priority Title
Bharadwa Rajnikant -- None Available
Bharadwa Rajnikant $201,000 First American Title Company
Us Bank National Association $198,936 Accommodation
Ramirez Aaron -- None Available
Alcor Investments Llc -- None Available
Ramirez Aaron -- --
Ramirez Aaron $191,000 Chicago Title Co
Ramirez Saul -- Chicago Title Co
Washington Mutual Bank Fa $96,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colon Isaac T $323,200
Previous Owner Ramirez Aaron $189,438
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2014 05/05/14 Sold $404,000 -5.8% $169 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
01/12/2014 01/12/14 For Sale $429,000 -- $180 / Sq Ft
Source: The MLS

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 $9,197 $495,238 $122,581 $372,657
2024 $9,197 $485,528 $120,178 $365,350
2023 $9,065 $476,009 $117,822 $358,187
2022 $7,915 $466,676 $115,512 $351,164
2021 $7,988 $457,527 $113,248 $344,279
2019 $7,752 $443,958 $109,890 $334,068
2018 $7,540 $435,254 $107,736 $327,518
2016 $7,159 $418,354 $103,553 $314,801
2015 $6,835 $412,071 $101,998 $310,073
2014 $3,840 $211,648 $106,350 $105,298
Source: Public Records

Agents Affiliated with this Home

  • E

    Buyer's Agent in 2014

    Edgar Cortez

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Map

Source: The MLS

MLS Number: 14-727085

The MLS

APN: 6151-013-010

California Los Angeles County Compton 90220

524 W Elm St, Compton, CA

This home is located at 524 W Elm St, Compton, CA 90220 since 12 January 2014 and is currently estimated at $831,957, approximately $348 per square foot. This property was built in 1993. 524 W Elm St is a home located in Los Angeles County with nearby schools including Dickison Elementary School, Benjamin O. Davis Middle School, and Compton High School.

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