505 W Palmer St Compton, CA 90220
Estimated Value: $634,000 - $685,586
4
Beds
2
Baths
1,526
Sq Ft
$432/Sq Ft
Est. Value
Highlights
- No HOA
- Park
- Floor Furnace
- Neighborhood Views
- Laundry Room
- Carpet
About This Home
As of December 2019To 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
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
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%
Total Days on Market
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,647
Avg. Annual Appreciation
9.42%
Original Mortgage
$427,856
Outstanding Balance
$382,057
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$297,155
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | |
| Closed | Milford Gilfaude | $15,251 | |
| Previous Owner | Steward Nena | $374,400 | |
| Previous Owner | Steward Nena | $327,250 | |
| Previous Owner | Steward Nena | $287,200 | |
| Previous Owner | Steward Nena | $240,000 | |
| Previous Owner | Steward Nena | $120,000 | |
| Previous Owner | Steward Nena | $76,500 | |
| 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
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 | $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
(562) 673-0823
-
Arnold Adkins
Buyer's Agent in 2019
Arnold Adkins
AGA Real Estate
(310) 704-5184
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19243860
APN: 6151-011-012
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