NOT LISTED FOR SALE

540 W Palm St Compton, CA 90220

Estimated Value: $707,483 - $847,000

4 Beds
2 Baths
1,536 Sq Ft
$499/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $695,000 $452 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,088/month

47 Days on Market

Highlights

  • A-Frame Home
  • 2 Car Garage
  • North Facing Home
  • Ground Level Unit

About This Home

As of February 2023

Check out this Duplex ready for a live in owner or a investor looking to cashflow! each unit is 2 bed 1 bath with their own laundry hook ups, gas meters, and water heaters! 1 unit will be delivered vacant and the other unit is paying top rental market value. Both are remolded units ready to live in immediately. Don't pass this up. stop by and take a look!

Last Agent to Sell the Property

Ian Michael Thompson

Circle Real Estate License #01961267 Listed on: 10/12/2022

Co-Listed By

Revonte McKizzie

Realty ONE Group United License #02023391

Last Buyer's Agent

Jefre Tolbert

Keller Williams Pacific Estate License #01898789

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,998 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Garage

Home Design

  • 1,536 Sq Ft Home
  • A-Frame Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Location

  • Ground Level Unit

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6161-016-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: A-Frame
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 1536
  • Lot Acreage: 0.1377
  • Year Built: 1945
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 442.06

Exterior Features

  • Direction Faces: North
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 61.17
  • Assessed Improvement Value: 331120
  • Assessed Land Percent: 38.83
  • Assessed Land Value: 210235
  • Total Assessed Value: 541355
  • Assessor Parcel Number: 6161-016-019
  • Lot Description: 2-4 Lots
  • Lot Size Area: 5998

Rental Info

  • Lease Per Month Year: Month

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: front and ba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Sampson Breyshere and Sampson Brandon Charles
Bought by
Simpson Sharon F
Current Estimated Value
$765,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,411
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2019
Sold by
Sterling Brenda King and The Betty O Neil Living Trust
Bought by
Sampson Breyshere and Sampson Brandon Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,672
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2007
Sold by
Neil Betty O and Lacy Betty Jo
Bought by
Neil Betty O and The Betty Oneil Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Simpson Sharon F $695,000 Clearmark Title
Sampson Breyshere $515,000 Wfg Title Company Of Ca
Neil Betty O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simpson Sharon F $682,411
Previous Owner Sampson Breyshere $505,672
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2023 02/10/23 Sold $695,000 +2.4% $452 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/16/2022 11/16/22 Price Changed $679,000 -2.9% $442 / Sq Ft
11/08/2022 11/08/22 Price Changed $699,000 -2.8% $455 / Sq Ft
10/12/2022 10/12/22 For Sale $719,000 +39.6% $468 / Sq Ft
06/18/2019 06/18/19 Sold $515,000 0.0% $335 / Sq Ft View Prior Sale
03/29/2019 03/29/19 Price Changed $515,000 0.0% $335 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
03/01/2019 03/01/19 Price Changed $514,900 -3.8% $335 / Sq Ft
11/19/2018 11/19/18 For Sale $535,000 -- $348 / 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 $12,894 $723,078 $468,180 $254,898
2024 $12,894 $708,900 $459,000 $249,900
2023 $10,384 $552,181 $214,439 $337,742
2022 $9,153 $541,355 $210,235 $331,120
2021 $9,251 $530,741 $206,113 $324,628
2020 $9,084 $525,300 $204,000 $321,300
2019 $1,823 $71,412 $31,028 $40,384
2018 $1,728 $70,013 $30,420 $39,593
2016 $1,643 $67,296 $29,240 $38,056
2015 $1,585 $66,286 $28,801 $37,485
2014 $1,573 $64,988 $28,237 $36,751
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2023

    Ian Michael Thompson

    Circle Real Estate

    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Revonte McKizzie

    Realty ONE Group United

    (562) 860-2443

    6 in this area

    22 Total Sales

    Revonte McKizzie
    Section Image

  • J

    Buyer's Agent in 2023

    Jefre Tolbert

    Keller Williams Pacific Estate

    (562) 316-6600

    2 in this area

    30 Total Sales

    Jefre Tolbert
    Section Image
  • Tony Nelson

    Seller's Agent in 2019

    Tony Nelson

    SYNERGY ONE REAL ESTATE

    (626) 536-2225

    140 Total Sales

    Tony Nelson
    Section Image
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Map

Source: The MLS

MLS Number: 22-208281

The MLS

APN: 6161-016-019

California Los Angeles County Compton 90220

540 W Palm St, Compton, CA

Not Listed for Sale

MultiFamily

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