$260,000
SOLD OCT 8, 2013

508 W Palm St Compton, CA 90220

4 Beds
2 Baths
1,536 Sq Ft
6,261 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

12% Below List Price

63 Days on Market

About This Home

As of March 2014

Owner lives in back unit front unit is vacant. Two spacious units. located on a huge lot. this is a must see and sell. Buyer to do their own verifications.This is an all cash transaction. Property will not qualify for FHA or Conventional loans.

Last Agent to Sell the Property

Mary Bennett

Bennett Hall & Assoc., Realtor License #00954078 Listed on: 07/08/2013

Last Buyer's Agent

Mary Bennett

Bennett Hall & Assoc., Realtor License #00954078 Listed on: 07/08/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,165

Year Built

  • Built in 1945

Parking

  • Direct Access Garage

Home Design

  • 1,536 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,261 Sq Ft Lot
  • Cooling System Powered By Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6161-018-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,165

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1536
  • Year Built: 1945
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Hood Fan
  • Price Per S Q F T: 166.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Direct Entrance

Utilities

  • Cooling: Gas

Lot Info

  • Assessed Improvement Value: 240521
  • Assessed Land Value: 313723
  • Assessor Parcel Number: 6161-018-008
  • Geocode Override: No
  • Lot Size Area: 6261

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Res. Income
  • Vacancy Rate: 50%

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: The MLS

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

  • G

    Seller's Agent in 2014

    Gabriela Rodriguez

    Berkshire Hathaway Home Services California Properties

    (562) 715-1744

    2 in this area

    21 Total Sales

    Gabriela Rodriguez
    Section Image

  • M

    Seller's Agent in 2013

    Mary Bennett

    Bennett Hall & Assoc., Realtor

    (323) 779-9955

    6 Total Sales

    Mary Bennett
    Section Image
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Map

Source: The MLS

MLS Number: 13-686893

The MLS

APN: 6161-018-008

California Los Angeles County Compton 90220

508 W Palm St, Compton, CA

This home is located at 508 W Palm St, Compton, CA 90220 and is currently priced at $260,000, approximately $169 per square foot. This property was built in 1945. 508 W Palm St is a home located in Los Angeles County with nearby schools including Longfellow Elementary School, Benjamin O. Davis Middle School, and Compton High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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