$350,000
SOLD MAR 17, 2014

508 W Palm St Compton, CA 90220

2 Beds
1 Bath
1,536 Sq Ft
6,261 Sq Ft Lot

Recently Sold

$228 Per Sq Ft

3% Above List Price

36 Days on Market

Highlights

  • Active Adult
  • No HOA
  • No Heating

About This Home

As of March 2014

Great units in a nice area close to Compton city Hall> Both units feature new kitchen cabinets with granite counter tops and remodel bathrooms. New paint inside and outside. Brand new roof in both units and the garage. Plumbing and elect has been upgraded. There is a detached car garage for two cars. Nice large lot. Good quality laminate flooring. READY TO MOVE!! BRING YOUR FHA BUYERS!!

Last Agent to Sell the Property

Gabriela Rodriguez

Berkshire Hathaway Home Services California Properties License #01059164 Listed on: 12/12/2013

Berkshire Hathaway Home Services California Properties

Last Buyer's Agent

Gabriela Rodriguez

Berkshire Hathaway Home Services California Properties License #01059164 Listed on: 12/12/2013

Berkshire Hathaway Home Services California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,165

Year Built

  • Built in 1945

Lot Details

  • 6,261 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,536 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • No Heating
  • Shared Septic

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 11908
  • Assessor Parcel Number 6161018008

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,165

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562 715 1744
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6161018008
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 227.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 6261.00
  • Lot Size Acres: 0.1440

Multi Family

  • Lot Size Area: 6261.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 11908
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2013
Closed on
Jan 21, 2014
Sold by
Phm Property Group Llc
Bought by
Hernandez Edgar
Seller's Agent
Gabriela Rodriguez
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Gabriela Rodriguez
Berkshire Hathaway Home Services California Properties
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%
Current Estimated Value
$770,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,661
Avg. Annual Appreciation
7.07%
Original Mortgage
$341,696
Outstanding Balance
$259,047
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$511,614

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 12, 2013
Sold by
Edwards Katina
Bought by
Phm Property Group Llc
Seller's Agent
Mary Bennett
Bennett Hall & Assoc., Realtor
Buyer's Agent
Mary Bennett
Bennett Hall & Assoc., Realtor
List Price
$295,000
Sold Price
$260,000
Premium/Discount to List
-$35,000
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.52%

Purchase Details

Closed on
Jul 6, 2007
Sold by
Edwards Katina and Edwards Karen
Bought by
Edwards Katina

Purchase Details

Closed on
Nov 19, 2002
Sold by
Edwards Ruthie L
Bought by
Edwards Ruthie L and Ruthie L Edwards Separate Property Trust
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 Type Sale Price Title Company
Grant Deed $348,000 National Title Company
Grant Deed $255,000 Nations Title Company Of Ca
Interfamily Deed Transfer -- Civic Center Title Svc Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $341,696 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2014 03/17/14 Sold $350,000 +3.2% $228 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $339,000 +30.4% $221 / Sq Ft
10/08/2013 10/08/13 Sold $260,000 -11.9% $169 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $295,000 -- $192 / 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 $8,165 $426,589 $156,905 $269,684
2024 $8,165 $418,226 $153,829 $264,397
2023 $8,047 $410,026 $150,813 $259,213
2022 $6,960 $401,987 $147,856 $254,131
2021 $7,031 $394,106 $144,957 $249,149
2019 $6,827 $382,418 $140,658 $241,760
2018 $6,634 $374,920 $137,900 $237,020
2016 $6,311 $360,364 $132,547 $227,817
2015 $6,028 $354,952 $130,557 $224,395
2014 $5,176 $300,000 $150,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13247371

California Regional Multiple Listing Service (CRMLS)

APN: 6161-018-008