NOT LISTED FOR SALE

1616 E Palmer St Compton, CA 90221

Estimated Value: $580,000 - $621,000

2 Beds
1 Bath
820 Sq Ft
$723/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $307,000 $374 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,669/month

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Family Room
  • No HOA

About This Home

As of March 2016

Great fully remodeled home in a cul de sac. Brand new Dual pane windows, brand new kitchen and bathroom. 2 car detached garage and private guest room attached to the garage not included in the square footage. Lots of parking space can fit 6-8 cars in the long drive way and garage. Great for FHA and first time buyers.

Last Agent to Sell the Property

Sal Rassibi

Re/Max Luxe License #01199409 Listed on: 12/21/2015

Re/Max Luxe

Last Buyer's Agent

Lisa Upton

Realty One Group Homelink License #01953422

Realty One Group Homelink

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 5,896 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 820 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 6564
  • Assessor Parcel Number 6183007005

Home Details

Home Type

Single Family

Year Built

Built in 1946

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: 6183007005
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 820.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 374.39
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5896.00
  • Price Per Lot Square Foot: 52.07
  • Lot Size Acres: 0.1350

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5896.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 6564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2015
Closed on
Feb 29, 2016
Sold by
Munoz Barbara
Bought by
Hurtado Roberto Antonio
Seller's Agent
Sal Rassibi
Re/Max Luxe
Buyer's Agent
Lisa Upton
Realty One Group Homelink
List Price
$295,000
Sold Price
$307,000
Premium/Discount to List
$12,000
4.07%
Current Estimated Value
$593,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,133
Avg. Annual Appreciation
6.99%
Original Mortgage
$301,439
Outstanding Balance
$237,934
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$355,199

Purchase Details

Listed on
Dec 21, 2015
Closed on
Feb 25, 2016
Sold by
Torres Yesenia
Bought by
Hurtado Roberto Antonio
Seller's Agent
Sal Rassibi
Re/Max Luxe
Buyer's Agent
Lisa Upton
Realty One Group Homelink
List Price
$295,000
Sold Price
$307,000
Premium/Discount to List
$12,000
4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Outstanding Balance
$237,934
Interest Rate
3.65%
Mortgage Type
FHA
Estimated Equity
$355,199

Purchase Details

Listed on
Oct 22, 2013
Closed on
Nov 7, 2013
Sold by
National Homes Investments Llc
Bought by
Munoz Barbara
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Nahed Benyamein
Allstars Realty
List Price
$240,000
Sold Price
$265,000
Premium/Discount to List
$25,000
10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$260,200
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 3, 2013
Closed on
Jul 22, 2013
Sold by
Pavon Jesus
Bought by
National Homes Investments Llc
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Jose A. Perez
Century 21 Allstars
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
409.16%
Original Mortgage
$140,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Armenta Manuel and Armenta Carmen
Bought by
Pavon Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 12, 2001
Sold by
Armenta Lauro C and Armenta Carmen
Bought by
Armenta Manuel
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
Hurtado Roberto Antonio $307,000 None Available
Hurtado Roberto Antonio -- None Available
Munoz Barbara $265,000 Old Republic Title Company
National Homes Investments Llc $160,000 Old Republic Title Company
Pavon Jesus $310,000 Commerce Corona
Armenta Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurtado Roberto Antonio $301,439
Previous Owner Munoz Barbara $260,200
Previous Owner National Homes Investments Llc $140,000
Previous Owner Pavon Jesus $217,000
Closed Pavon Jesus $93,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2016 03/28/16 Sold $307,000 +4.1% $374 / Sq Ft
12/21/2015 12/21/15 For Sale $295,000 +11.3% $360 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/05/2013 12/05/13 Sold $265,000 +10.4% $323 / Sq Ft View Prior Sale
11/22/2013 11/22/13 Pending -- -- --
10/22/2013 10/22/13 For Sale $240,000 +50.0% $293 / Sq Ft
08/14/2013 08/14/13 Sold $160,000 0.0% $195 / Sq Ft View Prior Sale
08/08/2013 08/08/13 Price Changed $160,000 0.0% $195 / Sq Ft
05/03/2013 05/03/13 For Sale $160,000 0.0% $195 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
03/15/2013 03/15/13 Off Market $160,000 -- --
03/15/2013 03/15/13 For Sale $160,000 0.0% $195 / Sq Ft
02/14/2013 02/14/13 Off Market $160,000 -- --
02/14/2013 02/14/13 For Sale $160,000 0.0% $195 / Sq Ft
01/30/2013 01/30/13 Off Market $160,000 -- --
10/26/2012 10/26/12 For Sale $160,000 0.0% $195 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $160,000 -- $195 / 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 $6,729 $363,418 $224,681 $138,737
2024 $6,729 $356,293 $220,276 $136,017
2023 $6,640 $349,307 $215,957 $133,350
2022 $5,949 $342,459 $211,723 $130,736
2021 $6,013 $335,745 $207,572 $128,173
2019 $5,840 $325,788 $201,416 $124,372
2018 $5,644 $319,401 $197,467 $121,934
2016 $4,854 $274,414 $170,758 $103,656
2015 $4,639 $270,293 $168,194 $102,099
2014 $4,553 $265,000 $164,900 $100,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sal Rassibi

    RE/MAX

    (818) 730-1213

    21 Total Sales

    Sal Rassibi
    Section Image
  • Lisa Upton

    Buyer's Agent in 2016

    Lisa Upton

    Realty One Group Homelink

    (562) 395-2269

    3 Total Sales

    Lisa Upton
    Section Image
  • Jose A. Perez

    Seller's Agent in 2013

    Jose A. Perez

    Century 21 Allstars

    (310) 800-7816

    94 Total Sales

    Jose A. Perez
    Section Image
  • Nahed Benyamein

    Buyer's Agent in 2013

    Nahed Benyamein

    Allstars Realty

    (562) 868-9248

    4 in this area

    313 Total Sales

    Nahed Benyamein
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15228065

California Regional Multiple Listing Service (CRMLS)

APN: 6183-007-005

California Los Angeles County Compton 90221

1616 E Palmer St, Compton, CA

Not Listed for Sale

Detached

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