NOT LISTED FOR SALE

1501 S Long Beach Blvd Compton, CA 90221

Estimated Value: $565,000 - $651,000

2 Beds
1 Bath
880 Sq Ft
$693/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $265,000 $301 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,770/month

86 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Cooling Available

About This Home

As of July 2015

Standard Sale. Upgraded 2 bedroom 1 bath with nice hardwood floors. Updated plumbing and a lot of potential for commercial use due to COCL zoning. Lot size 6,462 sqft!! This is perfect for your business. Located in front of busy street with easy access to the 91, 710, 605, 110 freeways. The 2 bedrooms are above a 2 car garage with a bonus room as well as a utility room and laundry area next to it. This set up is perfect if you want to open up your business. Chain link fence around the property with electric gate that opens with the push of a button.
Good for car dealership, mechanic shop, Party Supply, etc.
Also for sale for $70,000 is the 3,435 sqft lot next to it. Address 1505 S. Long Beach Blvd is perfect for parking or business expansion.

Last Agent to Sell the Property

Jorg Locker

No Firm Affiliation License #01312570 Listed on: 02/03/2015

Last Buyer's Agent

Jorg Locker

No Firm Affiliation License #01312570 Listed on: 02/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1931

Lot Details

  • 6,462 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 880 Sq Ft Home
  • Bonus Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Urban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 6107
  • Assessor Parcel Number 6164023010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,363

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6164023010
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 880.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Bonus Room
  • Levels: Two
  • Price Per Square Foot: 301.14
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Lot Features: Rectangular Lot, Corner Lot
  • Lot Size Sq Ft: 6462.00
  • Price Per Lot Square Foot: 41.01
  • Lot Size Acres: 0.1480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6462.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 6107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jun 30, 2015
Sold by
Bowlay Williams Kyle
Bought by
Barela Louis D and Dela Torre Moises
Seller's Agent
Jorg Locker
No Firm Affiliation
Buyer's Agent
Jorg Locker
Homes4LA
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Current Estimated Value
$609,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,875
Avg. Annual Appreciation
8.57%
Original Mortgage
$259,708
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 3, 2015
Closed on
Jun 29, 2015
Sold by
Delatorre Adriana E
Bought by
Dela Torre Moises
Seller's Agent
Jorg Locker
No Firm Affiliation
Buyer's Agent
Jorg Locker
Homes4LA
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,708
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 20, 2013
Closed on
Oct 18, 2013
Sold by
Cannady Shirley J
Bought by
Bowlay Williams Elizabeth
Seller's Agent
Rogelio Flores
Berkshire Hathaway Home Srvs
Buyer's Agent
Jorg Locker
Homes4LA
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.97%
Original Mortgage
$175,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 1998
Sold by
Boldt Thelma J
Bought by
Boldt Thelma J and Thelma J Boldt Family Trust
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
Barela Louis D $264,500 Pct
Dela Torre Moises -- Pct
Bowlay Williams Elizabeth $270,000 Orange Coast Title
Boldt Thelma J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barela Louis D $257,681
Closed Barela Louis D $259,708
Previous Owner Bowlay Williams Elizabeth $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2015 07/10/15 Sold $265,000 -11.4% $301 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $299,000 +49.5% $340 / Sq Ft
11/25/2013 11/25/13 Sold $200,000 0.0% $227 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
09/30/2013 09/30/13 Price Changed $200,000 -20.0% $227 / Sq Ft
08/20/2013 08/20/13 For Sale $250,000 -- $284 / 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 $5,363 $313,107 $147,379 $165,728
2024 $5,363 $306,969 $144,490 $162,479
2023 $5,300 $300,951 $141,657 $159,294
2022 $4,994 $295,051 $138,880 $156,171
2021 $5,044 $289,266 $136,157 $153,109
2019 $4,895 $280,688 $132,119 $148,569
2018 $4,782 $275,185 $129,529 $145,656
2016 $4,549 $264,500 $124,500 $140,000
2015 $3,516 $200,000 $125,000 $75,000
2014 $3,515 $200,000 $125,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15023437

California Regional Multiple Listing Service (CRMLS)

APN: 6164-023-010