NOT LISTED FOR SALE

711 N Mayo Ave Compton, CA 90221

Estimated Value: $613,000 - $812,000

3 Beds
2 Baths
1,494 Sq Ft
$457/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $330,000 $221 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,239/month

40 Days on Market

About This Home

As of September 2016

Duplex property, 2-bedrooms 1 bath home in the front and a studio 1 bedroom, 1 bath in the back. 1 car detach garage sit on a good sized lot. Plenty of front yard and patio in the back. Centrally located to shopping and freeways.

Last Agent to Sell the Property

David Moreno

Ontrak Real Estate License #01137297 Listed on: 05/20/2016

Last Buyer's Agent

David Moreno

Ontrak Real Estate License #01137297 Listed on: 05/20/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,424 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,494 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 5416
  • Assessor Parcel Number 6178010006

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $450
  • Trash Expense $75
  • Water Sewer Expense $150
  • New Taxes Expense $3,873
  • Gross Income $1,300
  • Net Operating Income $1,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 6178010006
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 220.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 4424.00
  • Price Per Lot Square Foot: 83.41

Multi Family

  • Gross Income: 1300.00
  • Gross Scheduled Income: 1300.00
  • Insurance Expense: 450.00
  • Net Operating Income: 1100.00
  • 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: 200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3873.00
  • Tax Lot: 33
  • Tax Tract Number: 5416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Oct 20, 2016
Sold by
Voorhees Theodore and Voorhees Viola
Bought by
Ixtlilco Santiago and Ixtlilco Maria A
Seller's Agent
David Moreno
Ontrak Real Estate
Buyer's Agent
David Moreno
Ontrak Real Estate
List Price
$369,000
Sold Price
$330,000
Premium/Discount to List
-$39,000
-10.57%
Current Estimated Value
$682,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,815
Avg. Annual Appreciation
8.19%
Original Mortgage
$324,022
Outstanding Balance
$258,020
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$424,795

Purchase Details

Closed on
Apr 22, 1994
Sold by
Fisher Catherine E
Bought by
Voorhees Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.5%
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
Ixtlilco Santiago $330,000 Lawyers Title
Voorhees Theodore $70,000 Gateway Title
Voorhees Theodore -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ixtlilco Santiago $324,022
Previous Owner Voorhees Theodore $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $330,000 -10.6% $221 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $369,000 -- $247 / 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 $7,935 $382,988 $150,874 $232,114
2024 $7,935 $375,479 $147,916 $227,563
2023 $7,806 $368,117 $145,016 $223,101
2022 $6,429 $360,900 $142,173 $218,727
2021 $6,489 $353,825 $139,386 $214,439
2020 $6,377 $350,198 $137,957 $212,241
2019 $6,302 $343,332 $135,252 $208,080
2018 $6,119 $336,600 $132,600 $204,000
2016 $4,046 $212,815 $92,219 $120,596
2015 $3,874 $209,619 $90,834 $118,785
2014 $3,816 $205,514 $89,055 $116,459
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Moreno

    Ontrak Real Estate

    (562) 774-5630

    1 in this area

    10 Total Sales

    David Moreno
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16110216

California Regional Multiple Listing Service (CRMLS)

APN: 6178-010-006

California Los Angeles County Compton 90221

711 N Mayo Ave, Compton, CA

Not Listed for Sale

MultiFamily

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