NOT LISTED FOR SALE

228 S Sherer Place Compton, CA 90220

Estimated Value: $651,000 - $697,000

3 Beds
2 Baths
1,398 Sq Ft
$482/Sq Ft Est. Value

Last Sold April 26, 2018

Last sale price $407,000 $291 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,217/month

178 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Neighborhood Views
  • Laundry Room
  • 4-minute walk to Dr. Walter R. Tucker, Sr. Park

About This Home

As of April 2018

COMPLETELY REMODELED! BRAND NEW EXTERIOR PAINT, BRAND NEW INTERIOR PAINT, BRAND NEW CARPET, 3 BEDROOMS , 1 BEDROOM IN LOWER LEVEL, 2 BEDROOMS IN UPPER LEVEL, 2 BATHROOMS, 1 IN LOWER LEVEL 1 UPSTAIRS BATHROOM COMPLETELY REHAB, NICE FANTASY STAIRS TO GO TO UPPER LEVEL, KITCHEN NICE REHAB, AMAZING BRAND NEW DECK IN MASTER BEDROOM WITH AN AMAZING VIEW, BACKYARD WITH PLENTY OF SPACE FOR FAMILY GATHERING AND BBQ, THIS IS A PERFECT HOME FOR A COSY FAMILY, NEAR BY FREEWAYS 710,91,105, NEAR BY SCHOOLS, NEAR BY SHOPPING CENTERS. THIS AREA IS A VERY PRIVATE COMMUNITY, NICE AND QUITE NEIGBORHOOD. SELLER IS A REAL ESTATE LICENSE.

Last Agent to Sell the Property

Marvin Gomez

Modern Realtors Real Estate License #01993217 Listed on: 09/28/2017

Modern Realtors Real Estate

Last Buyer's Agent

Scott Smith

Monarch Beach Realty License #None

Monarch Beach Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 3,450 Sq Ft Lot
  • Back Yard
  • Property is zoned CORH*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,398 Sq Ft Home
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6161012024

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: CORH*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6161012024
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1398.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 291.13
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3450.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5425.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Apr 23, 2018
Sold by
Bood Rosemary Marina
Bought by
Garcia Laurence
Seller's Agent
Marvin Gomez
Modern Realtors Real Estate
Buyer's Agent
Scott Smith
Monarch Beach Realty
List Price
$412,999
Sold Price
$407,000
Premium/Discount to List
-$5,999
-1.45%
Current Estimated Value
$673,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,325
Avg. Annual Appreciation
6.77%
Original Mortgage
$399,628
Outstanding Balance
$348,919
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$324,406

Purchase Details

Listed on
Sep 28, 2017
Closed on
Apr 10, 2018
Sold by
Gil Melisa
Bought by
Garcia Laurence
Seller's Agent
Marvin Gomez
Modern Realtors Real Estate
Buyer's Agent
Scott Smith
Monarch Beach Realty
List Price
$412,999
Sold Price
$407,000
Premium/Discount to List
-$5,999
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,628
Outstanding Balance
$348,919
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$324,406

Purchase Details

Closed on
Jul 21, 2017
Sold by
Gaines Jeffrey M
Bought by
Gil Melisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Gaines Jeffery M
Bought by
Gaines Jeffery M and Gaines Toni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 1998
Sold by
Va
Bought by
Gaines Jeffery M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 1998
Sold by
Livingston Cleveland L
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Mar 18, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Va

Purchase Details

Closed on
Jan 10, 1996
Sold by
Livingston Cleveland L
Bought by
Boone Victor R and Boone Valarie

Purchase Details

Closed on
Aug 4, 1995
Sold by
Livingston Cleveland L
Bought by
Livingston Cleveland L and Livingston Ruthie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,677
Interest Rate
7.63%
Mortgage Type
Assumption
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
Garcia Laurence -- North American Title Company
Garcia Laurence $407,000 North American Title Company
Gil Melisa $305,000 North American Title Company
Gaines Jeffery M -- Accommodation
Gaines Jeffery M $119,000 Fidelity Title
Countrywide Home Loans Inc $107,537 Landsafe Title
Va -- Landsafe Title
Boone Victor R -- --
Livingston Cleveland L -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Laurence $399,628
Previous Owner Gil Melisa $305,000
Previous Owner Gaines Jeffery M $257,000
Previous Owner Gaines Jeffery M $119,000
Previous Owner Livingston Cleveland L $155,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2018 04/26/18 Sold $407,000 -1.5% $291 / Sq Ft
04/09/2018 04/09/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $412,999 +1.5% $295 / Sq Ft
03/12/2018 03/12/18 Off Market $407,000 -- --
03/10/2018 03/10/18 For Sale $399,999 -1.7% $286 / Sq Ft
03/07/2018 03/07/18 Off Market $407,000 -- --
03/05/2018 03/05/18 For Sale $399,999 -1.7% $286 / Sq Ft
02/20/2018 02/20/18 Off Market $407,000 -- --
02/03/2018 02/03/18 For Sale $399,999 -1.7% $286 / Sq Ft
11/19/2017 11/19/17 Off Market $407,000 -- --
11/19/2017 11/19/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $399,999 -- $286 / 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 $8,266 $463,090 $268,638 $194,452
2024 $8,266 $454,011 $263,371 $190,640
2023 $8,158 $445,109 $258,207 $186,902
2022 $7,368 $436,383 $253,145 $183,238
2021 $7,447 $427,828 $248,182 $179,646
2019 $7,228 $415,140 $240,822 $174,318
2018 $5,387 $305,000 $216,600 $88,400
2016 $2,949 $157,580 $64,090 $93,490
2015 $2,823 $155,214 $63,128 $92,086
2014 $2,776 $152,175 $61,892 $90,283
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Marvin Gomez

    Modern Realtors Real Estate

    Section Image

  • S

    Buyer's Agent in 2018

    Scott Smith

    Monarch Beach Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17236002

California Regional Multiple Listing Service (CRMLS)

APN: 6161-012-024

California Los Angeles County Compton 90220

228 S Sherer Place, Compton, CA

Not Listed for Sale

Detached

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