NOT LISTED FOR SALE

706 N Mayo Ave Compton, CA 90221

Estimated Value: $600,000 - $686,000

2 Beds
1 Bath
1,008 Sq Ft
$639/Sq Ft Est. Value

Last Sold July 06, 2020

Last sale price $435,000 $432 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,128/month

6 Days on Market

Highlights

  • Ocean View
  • Private Yard
  • Converted Garage
  • Property is near public transit
  • No HOA
  • Living Room

About This Home

As of July 2020

Great move in ready house! Has an excellent layout, lots of windows for great natural lighting, spacious front & back yard to play safely or gatherings, detached 1 car garage with laundry hookups & long driveway. Located next to 105 & 110 FWY, shopping centers, schools, & public transportation. Property has a lot of potential to make it the home you want. Come and Fall in Love!

Last Agent to Sell the Property

Jose Acosta

Pak Home Realty License #01488402 Listed on: 05/14/2020

Last Buyer's Agent

Gilbert Ortiz

Pak Home Realty License #02050087

Pak Home Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,391

Year Built

  • Built in 1927

Lot Details

  • 5,522 Sq Ft Lot
  • Rectangular Lot
  • Private Yard
  • Lawn
  • Back Yard
  • Property is zoned CORH*

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • Converted Garage
  • Parking Available
  • Driveway

Home Design

  • Additions or Alterations

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Schools

  • Compton High School

Additional Features

  • Property is near public transit
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 20 / 6
  • Tax Tract Number 6468
  • Assessor Parcel Number 6178011020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,391

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: CORH*
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6178011020
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1008.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 431.55
  • Room Type: Living Room

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified
  • High School: Compton
  • High School: Compton
  • High School2: COMPTO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Rectangular Lot, Near Public Transit, Yard
  • Lot Size Sq Ft: 5522.00
  • Lot Size Acres: 0.1268

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5522.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5416.05
  • Tax Lot: 20
  • Tax Tract Number: 6468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
May 20, 2020
Sold by
Ponce Hector Ramirez
Bought by
Loketi George Fotu and Masina Koreta S
Seller's Agent
Jose Acosta
Pak Home Realty
Buyer's Agent
Gilbert Ortiz
Pak Home Realty
List Price
$399,900
Sold Price
$435,000
Premium/Discount to List
$35,100
8.78%
Current Estimated Value
$643,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,620
Avg. Annual Appreciation
7.82%
Original Mortgage
$427,121
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 2007
Sold by
Molina Erneldo
Bought by
Ponce Hector Ramirez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 17, 2003
Sold by
Pineda Marco Antonio
Bought by
Molina Erneldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1999
Sold by
Women With Vision Inc
Bought by
Pineda Marco Antonio and Pineda Andres Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,163
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1999
Sold by
Neighborhood Revitalization Service Inc
Bought by
Woman With Vision Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,179
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1999
Sold by
Hud
Bought by
Neighborhood Revitalization Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,970
Interest Rate
6.86%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 3, 1998
Sold by
Espinoza Ramon M and Hernandez Dora V
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Jul 17, 1997
Sold by
Espinoza Ramon M and Hernandez Dora V
Bought by
New Haven Corp
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
Loketi George Fotu $435,000 Provident Title Company
Ponce Hector Ramirez $390,000 Southland Title Company
Molina Erneldo $170,000 --
Molina Erneldo -- Investors Title Company
Pineda Marco Antonio $126,000 Gateway Title Company
Woman With Vision Inc $77,000 Gateway Title Company
Neighborhood Revitalization Services Inc $97,500 --
Hud -- First American
Norwest Mtg Inc $133,432 First American Title Ins Co
New Haven Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loketi George Fotu $427,121
Previous Owner Ponce Hector Ramirez $14,950
Previous Owner Ponce Hector Ramirez $312,000
Previous Owner Ponce Hector Ramirez $78,000
Previous Owner Molina Erneldo $260,000
Previous Owner Molina Erneldo $136,000
Previous Owner Pineda Marco Antonio $125,163
Previous Owner Women With Vision $14,000
Previous Owner Woman With Vision Inc $96,179
Previous Owner Neighborhood Revitalization Services Inc $67,970
Closed Molina Erneldo $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $435,000 +8.8% $432 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $399,900 -- $397 / 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 $8,391 $470,854 $365,644 $105,210
2024 $8,391 $461,623 $358,475 $103,148
2023 $8,282 $452,573 $351,447 $101,126
2022 $7,485 $443,700 $344,556 $99,144
2021 $7,568 $435,000 $337,800 $97,200
2020 $7,071 $408,000 $328,000 $80,000
2019 $13,054 $408,000 $328,000 $80,000
2018 $8,808 $341,000 $274,000 $67,000
2016 $4,923 $283,000 $227,000 $56,000
2015 $4,240 $249,000 $200,000 $49,000
2014 $3,449 $198,000 $159,000 $39,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20091828

California Regional Multiple Listing Service (CRMLS)

APN: 6178-011-020