NOT LISTED FOR SALE

12615 S Slater Ave Compton, CA 90222

Estimated Value: $584,000 - $679,807

2 Beds
1 Bath
964 Sq Ft
$645/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $580,000 $602 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,821/month

25 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Bathtub
  • Compton Early College Rated 9+
  • Neighborhood Views
  • Living Room

About This Home

As of July 2024

The subject property shows as a legal 2 bedrooms/1 bath SFR located in the Willowbrook neighborhood; an unincorporated area
in the South L.A. region of Los Angeles County.

This property abounds with potential! Although the LEGAL – PERMITTED PORTION appears to be 964 SF per tax records including 2 bedrooms/1 bath, the actual physical description is 2,200 SF (per floor plan attached) including 3 bedrooms/2 baths plus family room, a covered patio in the rear and a storage shed structure at the rear (also unpermitted) ... all on a 9,506 SF R1 lot!

Subject is within walking distance of schools elementary thru high school. MLK Hospital and Earvin “Magic” Johnson Recreation Park are less than 6 blocks away.

BUYER EXCLUSIVE: “The property is subject to California Civil Code Section 2429p" “This property is subject to the Freddie Mac First Look Initiative. The Freddie Mac First Look Initiative limits offers from being entertained during the first 30 days of listing to owner occupant and non-profit buyers. Investor offers will be responded to after the first look period ends on 06/30/2024.”

The seller is currently in a multiple offer scenario, the property is under H&B with a current due date of 6/24/2024 11:59:00 PM Mountain Time, Any offers received after this time may not be considered.

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties Brokerage Phone: 562-708-0870 License #00458210 Listed on: 05/31/2024

Last Buyer's Agent

Daniel Hernandez

Executive Bankers Realty License #01366544

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 9,509 Sq Ft Lot
  • Fenced
  • Back and Front Yard
  • Property is zoned LCR1*

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Suburban Location
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 12990
  • Assessor Parcel Number 6147008004
  • $763 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR1*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6147008004
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 964.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 601.66
  • Room Type: All Bedrooms Down, Living Room
  • Bathroom Features: Bathtub

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking Features: Driveway, Street

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9509.00
  • Lot Size Acres: 0.2183
  • Latitude Manual: 33.91782700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9509.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5408.00
  • Tax Lot: 21
  • Tax Tract Number: 12990
  • TaxOtherAnnualAssessmentAmount: 763.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 18, 2024
Sold by
Csmc 2021-Nqm6 Trust and Wilmington Savings Fund Society Fsb
Bought by
Medina Omar
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Daniel Hernandez
Executive Bankers Realty
List Price
$572,000
Sold Price
$580,000
Premium/Discount to List
$8,000
1.4%
Views
47
Current Estimated Value
$621,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,452
Avg. Annual Appreciation
4.88%
Original Mortgage
$522,000
Outstanding Balance
$514,778
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$106,674

Purchase Details

Closed on
Feb 12, 2024
Sold by
Nat'L Default Svcs Corporation
Bought by
Csmc 2021-Nqm6 Trust and Wilmington Svg Fund Society F

Purchase Details

Closed on
Jun 14, 2019
Sold by
Hill Ricky
Bought by
Waba Spano Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Knox Topsy
Bought by
Hill Ricky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2006
Sold by
Knox Booker
Bought by
Knox Topsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1997
Sold by
Knox Topsy B
Bought by
Tillman Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,510
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medina Omar $580,000 Servicelink
Csmc 2021-Nqm6 Trust $451,099 Accommodation/Courtesy Recordi
Waba Spano Group Llc $310,000 First American Title Co
Hill Ricky -- Chicago Title Insurance Co
Knox Topsy -- Ticor Title
Knox Topsy -- Ticor Title
Knox Topsy -- Ticor Title
Tillman Edward $94,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Omar $522,000
Previous Owner Waba Spano Group Llc $309,000
Previous Owner Hill Ricky $225,000
Previous Owner Knox Topsy $118,500
Previous Owner Tillman Edward $93,510
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $580,000 +1.4% $602 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $572,000 -- $593 / 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 $6,848 $580,000 $458,700 $121,300
2024 $6,848 $517,303 $419,870 $97,433
2023 $6,761 $507,161 $411,638 $95,523
2022 $6,278 $497,217 $403,567 $93,650
2021 $6,208 $469,937 $381,309 $88,628
2020 $5,469 $412,000 $336,000 $76,000
2019 $5,516 $412,000 $336,000 $76,000
2018 $5,748 $436,000 $355,400 $80,600
2016 $4,622 $347,000 $235,700 $111,300
2015 $3,530 $265,000 $180,000 $85,000
2014 $3,527 $265,000 $180,000 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24110675

California Regional Multiple Listing Service (CRMLS)

APN: 6147-008-004