NOT LISTED FOR SALE

532 W Laurel St Compton, CA 90220

Estimated Value: $676,000 - $1,014,000

4 Beds
2 Baths
1,933 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 02, 2012

Last sale price $350,000 $181 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,026/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Tile Flooring
  • Corner Lot
  • 3 Car Direct Access Garage
  • No Heating

About This Home

As of November 2012

Spectacular Duplex on large lot with POOL! This beautiful remodeled duplex is situated on an enormous lot of over 10,000 sqft and features totally re-built 3 car garages, beautifully re-plastered pool with new pump, brand NEW ROOF, new stucco/paint, new dual pane, low-e windows, and so much more! 1st unit features 2 bedrooms 1 bathroom and second unit features 3 bedrooms, 2 bathrooms. Both units are completely remodeled and feature beautiful cherry stained kitchen cabinets with granite countertops, beautifully tiled bathrooms, espresso laminate wood flooring, new drywall, and new electrical. Each unit has its own sub-panel and property is equipped with full 220amp power! Dream duplex on dream lot, perfect for entertaining. FHA/VA OK!

Last Agent to Sell the Property

Abraham Sandoval

Investorforeclose Real Estate License #01854398 Listed on: 09/13/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,260

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 10,414 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Direct Access Garage

Home Design

  • 1,933 Sq Ft Home
  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Flooring

  • Laminate
  • Tile

Additional Features

  • Granite Countertops
  • No Heating

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 11908
  • Assessor Parcel Number 6161015012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,260

Year Built

Built in 1945 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.89
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6161015012
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Laminate, Tile
  • Appliances: No
  • Price Per Square Foot: 181.07

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 10414.00
  • Lot Size Acres: 0.2390

Multi Family

  • Average2 Bed Area: 800
  • Average3 Bed Area: 1200
  • Gross Income: 2800.00
  • Gross Multiplier: 10.12
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 10414.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 2800
  • Tax Lot: 62
  • Tax Tract Number: 11908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2012
Closed on
Sep 20, 2012
Sold by
Stremiz Ruben
Bought by
Valdivia Ricardo
Seller's Agent
Abraham Sandoval
Investorforeclose Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$319,900
Sold Price
$350,000
Premium/Discount to List
$30,100
9.41%
Current Estimated Value
$818,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,259
Avg. Annual Appreciation
6.79%
Original Mortgage
$343,660
Outstanding Balance
$235,544
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$582,715

Purchase Details

Listed on
Mar 3, 2012
Closed on
Mar 15, 2012
Sold by
Stremiz Priscilla Vanessa
Bought by
Stremiz Ruben
Seller's Agent
Sarah Lynch
Re/Max One
Buyer's Agent
Abraham Sandoval
Investorforeclose Real Estate
List Price
$127,900
Sold Price
$160,000
Premium/Discount to List
$32,100
25.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
276.86%

Purchase Details

Closed on
Jan 16, 2012
Sold by
Parra Richard and Houston Jean Marie
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 21, 1997
Sold by
Houston Jean M
Bought by
Parra Ricahrd and Houston Jean Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,700
Interest Rate
10.15%
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
Valdivia Ricardo $350,000 Fatcola
Stremiz Ruben -- Lsi Title Company
Stremiz Ruben $160,000 Lsi Title Company
Deutsche Bank National Trust Company $169,814 None Available
Parra Ricahrd -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdivia Ricardo $343,660
Previous Owner Parra Ricahrd $114,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2012 11/02/12 Sold $350,000 +9.4% $181 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $319,900 +99.9% $165 / Sq Ft
03/30/2012 03/30/12 Sold $160,000 +25.1% $104 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
03/03/2012 03/03/12 For Sale $127,900 -- $83 / 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 $8,260 $430,989 $246,282 $184,707
2024 $8,260 $422,539 $241,453 $181,086
2023 $8,140 $414,255 $236,719 $177,536
2022 $7,054 $406,133 $232,078 $174,055
2021 $7,121 $398,171 $227,528 $170,643
2019 $6,916 $386,763 $220,780 $165,983
2018 $6,593 $379,188 $216,451 $162,737
2016 $6,268 $364,081 $208,047 $156,034
2015 $5,986 $358,613 $204,922 $153,691
2014 $5,876 $351,589 $200,908 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P834894

California Regional Multiple Listing Service (CRMLS)

APN: 6161-015-012