NOT LISTED FOR SALE

507 W Cressey St Compton, CA 90222

Estimated Value: $635,678 - $704,000

3 Beds
2 Baths
1,055 Sq Ft
$642/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $580,000 $550 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,465/month

12 Days on Market

Highlights

  • Updated Kitchen
  • Covered Patio or Porch
  • Eat-In Kitchen
  • No HOA
  • 1 Car Attached Garage
  • Solar owned by a third party

About This Home

As of June 2023

Here's a great opportunity to purchase a move-in ready three bedroom, two bathroom single story home in a terrific Compton neighborhood. Enjoy tree-lined streets and pride of ownership throughout this neighborhood. The home has numerous upgrades including newer cabinetry and appliances in the kitchen, tiled bathrooms, and easy maintenance laminate flooring in the living room and hallway. The bedrooms are spacious and have generous closets for ample storage. Inside laundry room. There's plenty of space for parking three vehicles in the front behind the security gate and there's a single car garage too. The garage features overhead storage racks and cabinets plus a small work bench. You'll enjoy outside activities with family and friends with a sunshaded back yard patio, large side patio, and a yard for kids and pets to play. The solar system is leased at approximately $72 per month and provides the majority of electricity needs, even in the heat of summer. Rosecrans Elementary and Benjamin Davis Middle School are just a few short blocks away. Area residents enjoy Compton Creek Park and Hollydale Regional Park with access to the L.A. River Bike Trail. Shopping, including the very popular San Antonio Bakery, dining, and entertainment are nearby. Commuter friendly location with easy access to freeways.

Last Agent to Sell the Property

Kelly Nelson

COLEMAN REALTY GROUP License #01429186 Listed on: 04/19/2023

Co-Listed By

Glen Nelson

COLEMAN REALTY GROUP License #01476165

Last Buyer's Agent

Nancy Arredondo

Berkshire Hathaway HomeService License #02152943

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,485

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 3,749 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Air
  • Gas Water Heater

Additional Features

  • Solar owned by a third party
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 4469
  • Assessor Parcel Number 6153011023
  • $535 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,485

Year Built

Built in 2016 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Fire Sprinkler System
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6153011023
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1055.00 Square Feet
  • Stories: 1
  • Entry Location: Front door
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 549.76
  • Room Type: Living Room, Master Bedroom
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Electric: Photovoltaics Third-Party Owned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Compton Unified

Lot Info

  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size: 38/100
  • Lot Size Sq Ft: 3749.00
  • Lot Size Acres: 0.0861

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3749.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 4469
  • TaxOtherAnnualAssessmentAmount: 535.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2019
Closed on
Dec 5, 2019
Sold by
Sanchez Valasco Gwendolyn Eliezer
Bought by
Juarez Carlos A Cruz and Cruz Esperanza
Seller's Agent
Edgar Rosales
RE/MAX TOP PRODUCERS
Buyer's Agent
PABLO RAMIREZ
EXCELLENCE RE REAL ESTATE
List Price
$409,000
Sold Price
$420,000
Premium/Discount to List
$11,000
2.69%
Current Estimated Value
$677,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,420
Avg. Annual Appreciation
8.55%
Original Mortgage
$399,000
Outstanding Balance
$352,463
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$324,957

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 14, 2016
Sold by
Sanchez Ricardo
Bought by
Sanchez Velasco Gwendolyn Eliezer
Seller's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
Buyer's Agent
Edgar Rosales
RE/MAX TOP PRODUCERS
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$345,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Listed on
Aug 1, 2016
Closed on
Aug 23, 2016
Sold by
Chelis Investment Llc
Bought by
Sanchez Velasco Gwendolyn Eliezer
Seller's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
Buyer's Agent
Edgar Rosales
RE/MAX TOP PRODUCERS
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.45%
Mortgage Type
VA

Purchase Details

Listed on
May 17, 2014
Closed on
Jun 10, 2014
Sold by
Heyward Benjamin
Bought by
Chelis Investments Llc
Seller's Agent
Maria Flores
Encore International Projects
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$150,000
Sold Price
$110,000
Premium/Discount to List
-$40,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.83%

Purchase Details

Closed on
Oct 19, 2004
Sold by
Heyward Benjamin
Bought by
Heyward Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Source: Public Records

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 Buyer Sale Price Title Company
Juarez Carlos A Cruz $420,000 Chicago Title Company
Sanchez Velasco Gwendolyn Eliezer -- Lawyers Title
Sanchez Velasco Gwendolyn Eliezer $345,000 Lawyers Title
Chelis Investments Llc $110,000 Pacific Coast Title Company
Heyward Benjamin -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Carlos A Cruz $399,000
Previous Owner Sanchez Velasco Gwendolyn Eliezer $345,000
Previous Owner Heyward Benjamin $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $580,000 +10.5% $550 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $525,000 -9.5% $498 / Sq Ft
05/03/2023 05/03/23 Off Market $580,000 -- --
04/26/2023 04/26/23 For Sale $525,000 +25.0% $498 / Sq Ft
11/28/2019 11/28/19 Sold $420,000 0.0% $398 / Sq Ft
10/29/2019 10/29/19 Off Market $420,000 -- --
10/20/2019 10/20/19 For Sale $409,000 +18.6% $388 / Sq Ft
09/21/2016 09/21/16 Sold $345,000 0.0% $323 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $345,000 +213.6% $323 / Sq Ft
06/19/2014 06/19/14 Sold $110,000 -26.7% $164 / Sq Ft
05/17/2014 05/17/14 For Sale $150,000 -- $224 / 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 $10,485 $603,431 $428,332 $175,099
2024 $10,485 $591,600 $419,934 $171,666
2023 $8,304 $441,492 $318,926 $122,566
2022 $7,191 $432,836 $312,673 $120,163
2021 $7,268 $424,350 $306,543 $117,807
2020 $7,082 $420,000 $303,400 $116,600
2019 $4,008 $358,937 $218,275 $140,662
2018 $6,146 $351,900 $213,996 $137,904
2016 $2,238 $113,907 $77,664 $36,243
2015 $2,146 $112,197 $76,498 $35,699
2014 $673 $16,751 $5,774 $10,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23058824

California Regional Multiple Listing Service (CRMLS)

APN: 6153-011-023