NOT LISTED FOR SALE

1541 S Burris Ave Compton, CA 90221

Estimated Value: $728,000 - $783,000

4 Beds
2 Baths
2,800 Sq Ft
$268/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $496,000 $177 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,762/month

143 Days on Market

Highlights

  • Covered RV Parking
  • Hydromassage or Jetted Bathtub
  • No HOA
  • Primary Bedroom Suite
  • Bonus Room
  • 2 Car Direct Access Garage

About This Home

As of August 2018

BACK ON THE MARKET, SUBJECT TO CANCELLATION OF CURRENT ESCROW!!! Unfortunately, buyers lost their financing. Price has been reduced to appraised value.
With over 2800 square feet, bordering North Long Beach, this unique home is one of the lowest priced properties per square footage in the entire area! If you have been looking for that affordable "diamond in the rough", then you've found the home for you. This huge home features a wood burning fireplace in the living room, and a large dining room off the kitchen. At the center of the house with high ceilings is the spectacular family/entertainment room and includes a full wet bar that is any entertainer's delight. You'll be impressed with the spaciousness of the fabulous master bedroom suite with its walk-in closet, double vanity sinks and jacuzzi tub in the bathroom, AND the added privacy of being located away from the other three bedrooms. Too many extras to mention including two bonus rooms and the possibility of a loft....must see to appreciate the potential. This is a really nice opportunity for the visionary home buyer.
Located in a friendly neighborhood with a nearby park, an inside the tract elementary school abutting the middle school, an exercise trail, and directly across from Compton Community College for the homeowner who wants to walk across the street and take a class or two. Convenient access to 91 & 710 freeways.

Last Agent to Sell the Property

Allen Lyons

C-21 Astro License #00880241 Listed on: 02/01/2018

Last Buyer's Agent

Enrique Pimentel

JOHNHART REAL ESTATE License #02006241

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 6,839 Sq Ft Lot
  • Lot Dimensions are 56 x 120
  • East Facing Home
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Off-Street Parking
  • Covered RV Parking

Interior Spaces

  • 2,800 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 296
  • Tax Tract Number 13960
  • Assessor Parcel Number 6164020044

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6164020044
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 177.14
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Jetted Tub

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Off Street, RV Access/Parking, RV Covered
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size: 56 x 120
  • Lot Size Sq Ft: 6839.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 296
  • Tax Tract Number: 13960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jul 6, 2018
Sold by
Cowart Anatole E
Bought by
Vicente Luis and Vicente Jose
Seller's Agent
Allen Lyons
C-21 Astro
Buyer's Agent
Enrique Pimentel
JOHNHART REAL ESTATE
List Price
$499,900
Sold Price
$496,000
Premium/Discount to List
-$3,900
-0.78%
Current Estimated Value
$750,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,872
Avg. Annual Appreciation
5.80%
Original Mortgage
$487,016
Outstanding Balance
$427,705
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$323,167

Purchase Details

Closed on
Jan 3, 2006
Sold by
Cowart Anatole E
Bought by
Cowart Anatole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,300
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Pierson Joseph E and Pierson Doris E
Bought by
Cowart Anatole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
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
Vicente Luis $500,000 Stewart Title Company
Cowart Anatole E -- First American Title Co
Cowart Anatole E $230,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicente Luis $487,016
Previous Owner Cowart Anatole E $338,300
Previous Owner Cowart Anatole E $184,000
Closed Cowart Anatole E $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2018 08/20/18 Sold $496,000 0.0% $177 / Sq Ft
07/21/2018 07/21/18 Price Changed $496,000 -0.8% $177 / Sq Ft
06/08/2018 06/08/18 Price Changed $499,800 0.0% $179 / Sq Ft
05/08/2018 05/08/18 For Sale $499,900 +0.8% $179 / Sq Ft
04/24/2018 04/24/18 Off Market $496,000 -- --
02/01/2018 02/01/18 For Sale $499,900 -- $179 / 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 $9,934 $557,752 $278,876 $278,876
2024 $9,934 $546,816 $273,408 $273,408
2023 $9,808 $536,096 $268,048 $268,048
2022 $8,925 $525,586 $262,793 $262,793
2021 $9,021 $515,282 $257,641 $257,641
2019 $9,258 $500,000 $250,000 $250,000
2018 $6,497 $367,507 $269,509 $97,998
2016 $6,182 $353,239 $259,045 $94,194
2015 $5,411 $316,000 $232,000 $84,000
2014 $4,895 $283,000 $208,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Allen Lyons

    Seller's Agent in 2018

    Allen Lyons

    C-21 Astro

    (562) 335-1170

    1 Total Sale

    Allen Lyons
    Section Image

  • E

    Buyer's Agent in 2018

    Enrique Pimentel

    JOHNHART REAL ESTATE

    (562) 446-5403

    38 Total Sales

    Enrique Pimentel
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18024523

California Regional Multiple Listing Service (CRMLS)

APN: 6164-020-044

California Los Angeles County Compton 90221

1541 S Burris Ave, Compton, CA

Not Listed for Sale

Detached

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