$345,000
SOLD SEP 21, 2016

507 W Cressey St Compton, CA 90222

3 Beds
2 Baths
1,067 Sq Ft
3,749 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

21 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • No HOA
  • Living Room
  • City Lights View
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2023

Completely rehabbed, charming single family property in Compton with added square footage. Everything is new, roof, stucco, added master bed with bath, new electrical system, upgraded plumbing and drainage, new water heater, not to mention new flooring throughout, walls, bathrooms, bedrooms, Windows, and KITCHEN for the cooking spouse. And if that's not enough, central heating and cooling. 100% ready to move in.
This property was priced and fixed to sell!!! Agents bring your buyers and let it sell itself.

Last Agent to Sell the Property

Wonnie Kim

Won Suk Kim Real Estate, Inc. License #01873341 Listed on: 08/01/2016

Last Buyer's Agent

EDGAR ROSALES

RE/MAX TOP PRODUCERS License #01997365

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,485

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 3,749 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Additions or Alterations
  • Major Repairs Completed
  • Slab Foundation

Interior Spaces

  • 1,067 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 4469
  • Assessor Parcel Number 6153011023

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,485

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Property Condition: Additions/Alterations, Updated/Remodeled, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6153011023
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1067.00
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 323.34
  • Room Type: All Bedrooms Down, Living Room, Master Bedroom

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3749.00
  • Price Per Lot Square Foot: 92.02

Multi Family

  • Lease Considered: No
  • Waterfront Features: Bay Front

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 4469

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 10, 2023
Sold by
Juarez Carlos S Cruz and Juarez Esperanza
Bought by
Sixtos Francisco and Carrillo Norma
Seller's Agent
Kelly Nelson
COLEMAN REALTY GROUP
Buyer's Agent
Nancy Arredondo
Berkshire Hathaway HomeService
List Price
$525,000
Sold Price
$580,000
Premium/Discount to List
$55,000
10.48%
Views
92
Current Estimated Value
$648,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,882
Avg. Annual Appreciation
7.31%
Original Mortgage
$20,300
Interest Rate
6.35%
Mortgage Type
New Conventional

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$399,000
Interest Rate
3.7%
Mortgage Type
New Conventional

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

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Range of Values:

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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 $580,000 First American Title
Grant Deed $420,000 Chicago Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $345,000 Lawyers Title
Grant Deed $110,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,606 FHA
Closed $20,300 New Conventional
Open $569,494 FHA
Previous Owner $399,000 New Conventional
Previous Owner $345,000 VA
Previous Owner $150,000 Unknown
Previous Owner $185,000 New Conventional
Previous Owner $84,000 Credit Line Revolving
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: DW16167785

California Regional Multiple Listing Service (CRMLS)

APN: 6153-011-023