$310,000
SOLD AUG 1, 2015

2516 W Cypress St Compton, CA 90220

3 Beds
1 Bath
1,068 Sq Ft
5,975 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

9% Above List Price

20 Days on Market

Highlights

  • Living Room
  • Central Heating
  • 5-minute walk to Burrell McDonald Park
  • Detached Carport Space
  • 1-Story Property

About This Home

As of August 2020

This quaint 3 bedroom 1 bath home sits on a large nearly 6000 square foot lot. Although at almost 1100 square feet, this property feel much larger than that with a formal living room, dining room and additional space for storage in the attic. The location is ideal as it is in close proximity to the metro, freeways, community parks and schools.

Last Agent to Sell the Property

Aaron Berryman

Endeavor Real Estate License #01401206 Listed on: 05/13/2015

Last Buyer's Agent

Francisco Ramirez

Realty Masters & Associates License #01418376

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,557

Year Built

  • Built in 1950

Lot Details

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

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Carport Space
  • Driveway

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 6138-030-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,557

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 1068
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 266.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Detached, Driveway

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 6138-030-014
  • Geocode Override: No
  • Lot Size Area: 5975

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%
Total Days on Market
20
Current Estimated Value
$663,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,602
Avg. Annual Appreciation
5.36%
Original Mortgage
$496,835
Interest Rate
3%
Mortgage Type
FHA

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
Realty Masters & Associates
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
7.81%
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

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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 Type Sale Price Title Company
Grant Deed $506,000 Wfg National Title Company
Interfamily Deed Transfer -- Wfg Title Company Of Ca
Grant Deed $310,000 Stewart Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $12,382 FHA
Open $491,859 FHA
Closed $496,835 FHA
Previous Owner $302,716 FHA
Previous Owner $304,385 FHA
Previous Owner $256,583 New Conventional
Previous Owner $268,000 Unknown
Previous Owner $263,180 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $197,000 New Conventional
Previous Owner $60,000 Credit Line Revolving
Previous Owner $128,000 Unknown
Previous Owner $15,000 Stand Alone Second
Previous Owner $107,432 FHA
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: The MLS

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
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

    (310) 702-8750

    1 in this area

    15 Total Sales

    David Jennings
    Section Image

  • G

    Buyer's Agent in 2020

    Gilberto Ramirez

    Victoria Premier Realty

    (626) 533-2551

    1 in this area

    15 Total Sales

    Gilberto Ramirez
    Section Image
  • Aaron Berryman

    Seller's Agent in 2015

    Aaron Berryman

    Endeavor Real Estate

    (310) 760-1770

    22 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    Francisco Ramirez

    Realty Masters & Associates

    (562) 522-5113

    1 in this area

    25 Total Sales

    Francisco Ramirez
    Section Image
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Map

Source: The MLS

MLS Number: 15-905123

The MLS

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 and is currently priced at $310,000, approximately $290 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.

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