1015 W Palmer St Compton, CA 90220
Estimated Value: $493,000 - $613,637
5
Beds
2
Baths
1,578
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- Open Floorplan
- No HOA
- Den
- Traditional Architecture
- Neighborhood Views
- Covered patio or porch
About This Home
As of July 2023GREAT INVESTMENT OPPORTUNITY !!!......SPACIOUS 5 BEDROOM, 2 BATHROOM HOME WITH AN UPGRADED KITCHEN WITH SKY LIGHT, UPGRADED BATHROOMS, DINING ROOM AND LIVING ROOM. 5TH BEDROOM IS USED AS A DEN WITH OWN ENTRY DOOR AND HAS A CLOSET INSTALLED. TAX AND BUILDING RECORDS INDICATE 4 BEDROOMS AND A DEN. ADDITIONAL IMPROVEMENTS INCLUDE AN UPGRADED ELECTRICAL PANEL, UPGRADED WALL FURNACE AND A NEWER ROOF. REAR YARD HAS A STUDIO UNIT WITH A BATHROOM INSTALLED AND A SEPARATE STORAGE SHED. SAME FAMILY HAS OWNED THIS HOME FOR OVER 50 YEARS. ."THIS IS A PROBATE SALE WITH COURT CONFIRMATION REQUIRED AND POSSIBLE OVER BIDDING DURING PROBATE COURT CONFIRMATION HEARING"........."ALL CASH SALE PREFERRED"....... HOME HAS SOME INTERIOR AND EXTERIOR DEFERRED MAINTENANCE. "PLEASE READ..."ALL" ATTACHED MLS SUPPLEMENTS" TO REVIEW PURCHASE OFFER GUIDELINES, PERMITS, AVID, ESD, BUILDING RECORDS FROM TAX ASSESSOR, TERMITE REPORT, CITY OF COMPTON INSPECTION REPORT AND FINCEN FORM. THIS IS AN EXCELLENT INVESTMENT OPPORTUNITY FOR A BUILDER, INVESTOR OR HOME BUYER THAT WANTS TO ADD TO HOME, IMPROVE OR REMODEL HOME. THIS HOME HAS TREMENDOUS INVESTMENT POTENTIAL FOR A BUYER WITH VISION AND LOOKING FOR AN INVESTMENT WITH UPSIDE POTENTIAL. CLOSE TO CHURCHES, AWARD WINNING K-8 SCHOOL, COLLEGES, PARKS, PUBLIC TRANSPORTATION AND SHOPPING....SUBMIT ALL OFFERS ON THE NEW RPA FORM ALONG WITH PROBATE AGREEMENT PURCHASE ADDENDUM "PA-PA"AND PROBATE ADVISORY "PA". BUYER TO SUBMIT PURCHASE OFFER AND REMOVE ANY AND ALL CONTINGENCIES ON CONTINGENCY REMOVAL FORM "CR", PRIOR TO PURCHASE OFFER BEING REVIEWED AND ACCEPTED BY PROBATE ADMINISTRATOR AND PROBATE ATTORNEY....PROPERTY IS BEING SOLD .."AS IS".. IN PRESENT CONDITION WITHOUT ANY WARRANTIES, EXPRESSED OR IMPLIED. "NO BLIND PURCHASE OFFERS WILL BE RESPONDED TO"...PLEASE THOUROUGHLY READ PURCHASE OFFER GUIDELINES WITHIN MLS SUPPLEMENTS AND ALL ADDITIONAL MLS SUPPLEMENTS PRIOR TO SUBMITTING A PURCHASE OFFER.....*..PLEASE READ ENTIRE AGENT REMARKS...*SELLERS' CHOICE OF ALL SERVICES*.
Last Agent to Sell the Property
Heard Real Estate Company, Inc. License #00816094 Listed on: 12/05/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,069
Year Built
- Built in 1925
Lot Details
- 4,894 Sq Ft Lot
- Wood Fence
- Block Wall Fence
- Rectangular Lot
- Back and Front Yard
- Property is zoned CORM*
Home Design
- Traditional Architecture
- Additions or Alterations
- Raised Foundation
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,578 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Sliding Doors
- Dining Room
- Den
- Center Hall
- Neighborhood Views
Kitchen
- Breakfast Area or Nook
- Tile Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Main Level Bedrooms
- Bathtub with Shower
- Walk-in Shower
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Attached Carport
- Parking Available
- Driveway
Outdoor Features
- Covered patio or porch
- Exterior Lighting
- Shed
- Outbuilding
Utilities
- Wall Furnace
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 10 / C
- Tax Tract Number 5797
- Assessor Parcel Number 6143019023
- $616 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 22, 2023
Sold by
Lewis Scherell
Bought by
507 Broad Ave Llc
Total Days on Market
100
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 507 Broad Ave Llc | $450,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 507 Broad Ave Llc | $315,000 | |
| Previous Owner | Lewis Pauletta | $724,500 | |
| Previous Owner | Lewis Pauletta | $675,000 | |
| Previous Owner | Lewis Jp | $6,950 | |
| Previous Owner | Lewis J P | $241,000 | |
| Previous Owner | Lewis Jp | $32,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $450,000 | -12.3% | $285 / Sq Ft |
| 03/15/2023 03/15/23 | Pending | -- | -- | -- |
| 12/05/2022 12/05/22 | For Sale | $513,000 | -- | $325 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,069 | $520,000 | $380,000 | $140,000 |
| 2023 | $1,901 | $84,614 | $15,045 | $69,569 |
| 2022 | $1,816 | $82,955 | $14,750 | $68,205 |
| 2021 | $1,817 | $81,329 | $14,461 | $66,868 |
| 2019 | $1,770 | $78,919 | $14,033 | $64,886 |
| 2018 | $4,931 | $77,372 | $13,758 | $63,614 |
| 2016 | $1,573 | $74,370 | $13,225 | $61,145 |
| 2015 | $1,515 | $73,254 | $13,027 | $60,227 |
| 2014 | $1,497 | $71,820 | $12,772 | $59,048 |
Source: Public Records
Agents Affiliated with this Home
-
Dwight Heard
Seller's Agent in 2023
Dwight Heard
Heard Real Estate Company, Inc.
(562) 760-3130
3 in this area
29 Total Sales
-
Jay Dharmasuriya
J
Buyer's Agent in 2023
Jay Dharmasuriya
Realty Brokerage Group Inc
(310) 851-6700
4 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22250108
APN: 6143-019-023
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