NOT LISTED FOR SALE

2516 W Cypress St Compton, CA 90220

Estimated Value: $617,000 - $790,000

3 Beds
1 Bath
1,068 Sq Ft
$657/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $506,000 $474 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,518/month

7 Days on Market

Highlights

  • Lawn
  • 1-Story Property
  • 5-minute walk to Burrell McDonald Park
  • No HOA

About This Home

As of August 2020

This modern home is a 3 bedroom 1 bath home that sits on a large 6000 square foot lot. Property is spacious with large formal living room and dining room. Property includes new front windows, upgraded tile and laminate flooring though out the home. Home is in a great location close to metro, freeways, community parks and schools.

Last Agent to Sell the Property

David Jennings

Eagles Mortgage Company Inc License #01221163 Listed on: 06/19/2020

Last Buyer's Agent

Gilberto Ramirez

Victoria Premier Realty License #01361269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,557

Year Built

  • Built in 1950

Lot Details

  • 5,975 Sq Ft Lot
  • Lawn
  • Property is zoned CORL*

Parking

  • 1 Car Garage

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 16108
  • Assessor Parcel Number 6138030014

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,557

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: CORL*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6138030014
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1068.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 473.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5975.00
  • Lot Size Acres: 0.1372

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5975.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5430.00
  • Tax Lot: 29
  • Tax Tract Number: 16108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 11, 2020
Sold by
Rivas Nancy D
Bought by
Mercado Carlos and Ordinola Leslie L
Seller's Agent
David Jennings
Eagles Mortgage Company Inc
Buyer's Agent
Gilberto Ramirez
Victoria Premier Realty
List Price
$465,000
Sold Price
$506,000
Premium/Discount to List
$41,000
8.82%
Current Estimated Value
$702,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,010
Avg. Annual Appreciation
6.62%
Original Mortgage
$496,835
Outstanding Balance
$440,728
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$261,282

Purchase Details

Closed on
Sep 17, 2016
Sold by
Rivas Nancy D
Bought by
Rivas Nancy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,716
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 27, 2015
Sold by
Rickenbacker Duane
Bought by
Rivas Nancy Denise
Seller's Agent
Aaron Berryman
Endeavor Real Estate
Buyer's Agent
Francisco Ramirez
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$304,385
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 2010
Sold by
Rickenbacker Duane and Rickenbacker Linda J
Bought by
Rickenbacker Duane
Source: Public Records

Range of Values:

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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
Mercado Carlos $506,000 Wfg National Title Company
Rivas Nancy D -- Wfg Title Company Of Ca
Rivas Nancy Denise $310,000 Stewart Title
Rickenbacker Duane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Carlos $496,835
Previous Owner Rivas Nancy D $302,716
Previous Owner Rivas Nancy Denise $304,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $506,000 +8.8% $474 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $465,000 +50.0% $435 / Sq Ft
08/01/2015 08/01/15 Sold $310,000 +8.8% $290 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/13/2015 05/13/15 For Sale $285,000 -- $267 / 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 $9,557 $547,707 $378,092 $169,615
2024 $9,557 $536,969 $370,679 $166,290
2023 $9,435 $526,441 $363,411 $163,030
2022 $9,038 $516,120 $356,286 $159,834
2021 $8,765 $506,000 $349,300 $156,700
2020 $6,142 $335,551 $207,284 $128,267
2019 $6,072 $328,972 $203,220 $125,752
2018 $5,894 $322,523 $199,236 $123,287
2016 $5,587 $310,000 $191,500 $118,500
2015 $2,531 $124,250 $49,698 $74,552
2014 $2,490 $121,817 $48,725 $73,092
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Jennings

    Eagles Mortgage Company Inc

    (562) 927-6811

    17 Total Sales

    David Jennings
    Section Image

  • G

    Buyer's Agent in 2020

    Gilberto Ramirez

    Victoria Premier Realty

    (626) 533-2551

    14 Total Sales

    Gilberto Ramirez
    Section Image

  • A

    Seller's Agent in 2015

    Aaron Berryman

    Endeavor Real Estate

    Section Image

  • F

    Buyer's Agent in 2015

    Francisco Ramirez

    (562) 522-5113

    1 in this area

    29 Total Sales

    Francisco Ramirez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20117615

California Regional Multiple Listing Service (CRMLS)

APN: 6138-030-014

California Los Angeles County Compton 90220

2516 W Cypress St, Compton, CA

This home is located at 2516 W Cypress St, Compton, CA 90220 since 19 June 2020 and is currently estimated at $702,010, approximately $657 per square foot. This property was built in 1950. 2516 W Cypress St is a home located in Los Angeles County with nearby schools including Bursch Elementary School, Enterprise Middle School, and Compton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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