NOT LISTED FOR SALE

505 W Palmer St Compton, CA 90220

Estimated Value: $668,000 - $707,000

4 Beds
2 Baths
1,526 Sq Ft
$455/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $415,000 $272 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,383/month

13 Days on Market

Highlights

  • No HOA
  • Park
  • Floor Furnace
  • Neighborhood Views
  • Laundry Room
  • Carpet

About This Home

As of December 2019

To my cash Buyers and Investors a Must See, this property is what you are looking for right now. Needing only minor TLC. This 1 story home has 4 Bedrooms, 2 Bath and 1526 sq.ft. The home is waiting for you to make it your own. The master bedroom is large with a bath and stand up shower. Home is within an area that is centrally located and where homeowners enjoy easy access to local conveniences, shopping, schools, parks and other places of interest. IT won't last, located in this area of Compton.

Last Agent to Sell the Property

Tyrone Collins

Tyrone Steven Collins, Broker License #01432225 Listed on: 10/15/2019

Last Buyer's Agent

Arnold Adkins

AGA Real Estate License #01035040

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,465

Year Built

  • Built in 1950

Lot Details

  • 5,990 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned COR1*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,526 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 13 / 7
  • Tax Tract Number 6207
  • Assessor Parcel Number 6151011012

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,465

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: COR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6151011012
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1526.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 271.95
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5990.00
  • Lot Size Acres: 0.1375

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5990.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 5427.00
  • Tax Lot: 13
  • Tax Tract Number: 6207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Dec 20, 2019
Sold by
Hsbc Bank Usa
Bought by
Milford Gilfaude and Milford Rosa Elena
Seller's Agent
Tyrone Collins
Tyrone Steven Collins, Broker
Buyer's Agent
Arnold Adkins
AGA Real Estate
List Price
$456,500
Sold Price
$415,000
Premium/Discount to List
-$41,500
-9.09%
Current Estimated Value
$693,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,707
Avg. Annual Appreciation
9.31%
Original Mortgage
$427,856
Outstanding Balance
$375,289
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$318,418

Purchase Details

Closed on
Oct 19, 2018
Sold by
Steward Nena
Bought by
Hsbc Bank Usa Na and Fremont Home Loan Trust

Purchase Details

Closed on
May 10, 2010
Sold by
Smith Janice G
Bought by
Smith Janice G and Smith James

Purchase Details

Closed on
Mar 1, 2010
Sold by
Smith Janice G
Bought by
Smith Janice G and Salinas Pete

Purchase Details

Closed on
Aug 6, 2007
Sold by
Steward Nena
Bought by
Smith Janice G

Purchase Details

Closed on
Jul 2, 2002
Sold by
Hud
Bought by
Steward Nena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 8, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.7%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Norwood Ruel Eric
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 17, 1999
Sold by
Harris Bettie
Bought by
Norwood Ruel Eric and Norwood Clara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,953
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1997
Sold by
Vargas Leticia
Bought by
Harris Mark and Harris Bettie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,270
Interest Rate
7.83%
Mortgage Type
VA
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
Milford Gilfaude $436,000 Premium Title Of Ca Inc
Hsbc Bank Usa Na $380,000 Premium Title Of California
Smith Janice G -- None Available
Smith Janice G -- None Available
Smith Janice G -- None Available
Steward Nena $153,000 Stewart Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $144,673 First American Title Ins Co
Norwood Ruel Eric $122,000 American Title Co
Harris Mark $138,500 Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milford Gilfaude $427,856
Previous Owner Steward Nena $102,000
Previous Owner Norwood Ruel Eric $126,953
Previous Owner Harris Mark $141,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2019 12/27/19 Sold $415,000 -9.1% $272 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $456,500 -- $299 / 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 $8,465 $476,824 $351,276 $125,548
2024 $8,465 $467,476 $344,389 $123,087
2023 $8,353 $458,311 $337,637 $120,674
2022 $7,555 $449,325 $331,017 $118,308
2021 $7,632 $440,516 $324,527 $115,989
2019 $6,915 $390,000 $200,000 $190,000
2018 $5,779 $324,664 $225,927 $98,737
2016 $5,498 $312,058 $217,155 $94,903
2015 $4,891 $284,000 $200,000 $84,000
2014 $3,913 $221,000 $156,000 $65,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2019

    Tyrone Collins

    Tyrone Steven Collins, Broker

    Section Image

  • A

    Buyer's Agent in 2019

    Arnold Adkins

    AGA Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19243860

California Regional Multiple Listing Service (CRMLS)

APN: 6151-011-012

California Los Angeles County Compton 90220

505 W Palmer St, Compton, CA

This home is located at 505 W Palmer St, Compton, CA 90220 since 15 October 2019 and is currently estimated at $693,707, approximately $454 per square foot. This property was built in 1950. 505 W Palmer St is a home located in Los Angeles County with nearby schools including Dickison Elementary School, Benjamin O. Davis 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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