NOT LISTED FOR SALE

723 W School St Compton, CA 90220

Estimated Value: $615,484 - $700,000

3 Beds
2 Baths
1,352 Sq Ft
$480/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $395,000 $292 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,092/month

117 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Workshop
  • Lawn
  • Den
  • Formal Dining Room

About This Home

As of March 2020

**HUD Home in Compton 90220** Another Red Hot HUD Home has hit the market in Compton. Bring your paint brush tools and talent and create your dream home in one of Southern California's most desirable suburbs. Traditional 1940's design with many of the original features still intact, three spacious bedrooms a galley kitchen and formal dining room and a large living room with fireplace and coved ceilings and a large step down den. If you are a fan of HGTV this is the perfect project property, the small footprint structure on a large 5758 SQFT lot is ready (check with the City) for an ADU or a value add addition. Best of all the available FHA 203K financing makes funding the remodel a very easy proposition. This location is perfect for the commuter, only a few short blocks to both the metro and blue lines for easy commuting to LA, the South bay and LAX and all major freeways. Schools, parks and shopping and golf courses nearby. Don't wait on this one, for a short period of time owner occupants get priority bidding status, no investor competition!

Last Agent to Sell the Property

David Jervis

Coldwell Banker Realty License #00909394 Listed on: 10/30/2019

Coldwell Banker Realty

Last Buyer's Agent

Luis Gallegos

Keller Williams Pacific Estates License #01806981

Keller Williams Pacific Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,807

Year Built

  • Built in 1940

Lot Details

  • 5,758 Sq Ft Lot
  • Block Wall Fence
  • Fence is in excellent condition
  • Lawn
  • Back and Front Yard
  • Property is zoned COR1*

Parking

  • 1 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Bungalow
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Workshop

Kitchen

  • Eat-In Galley Kitchen
  • Formica Countertops
  • Utility Sink

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio
  • Outdoor Storage
  • Front Porch

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 17 / 18
  • Tax Tract Number 62
  • Assessor Parcel Number 6151006036

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,807

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: COR1*
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6151006036
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1352.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, Separated
  • Fireplace Features: Living Room, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 292.16
  • Room Type: Den, Galley Kitchen, Kitchen, Laundry, Living Room, Workshop
  • Bathroom Features: Bathtub, Shower In Tub, Separate Tub And Shower
  • Room Kitchen Features: Formica Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 5758.00
  • Lot Size Acres: 0.1322

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5758.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5427.00
  • Tax Lot: 17
  • Tax Tract Number: 62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Gomez Juan Carlos Islas and Gomez Crystal
Bought by
Gomez Juan Carlos Islas and Islas Crystal
Current Estimated Value
$649,121

Purchase Details

Closed on
Feb 1, 2021
Sold by
Sandoval Teresa Zaragoza
Bought by
Rubalcava Felimon Sandoval

Purchase Details

Listed on
Oct 30, 2019
Closed on
Mar 27, 2020
Sold by
Secretary Of Housing And Urban Dev
Bought by
Gomez Juan Carlos Islas and Islas Crystal
Seller's Agent
David Jervis
Coldwell Banker Realty
Buyer's Agent
Luis Gallegos
Keller Williams Pacific Estates
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$355,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2018
Sold by
Watson Geneva
Bought by
The Secretary Of Hud
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
Gomez Juan Carlos Islas -- Pacific Coast Title
Rubalcava Felimon Sandoval -- Accommodation/Courtesy Recordi
Gomez Juan Carlos Islas $22,727 Pacific Coast Title
Gomez Juan Carlos Islas $395,000 Pacific Coast Title Company
The Secretary Of Hud $441,625 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Juan Carlos Islas $355,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $395,000 0.0% $292 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $395,000 0.0% $292 / Sq Ft
11/12/2019 11/12/19 Off Market $395,000 -- --
11/12/2019 11/12/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $395,000 -- $292 / 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 $7,807 $431,986 $345,590 $86,396
2024 $7,807 $423,516 $338,814 $84,702
2023 $7,705 $415,213 $332,171 $83,042
2022 $6,945 $407,072 $325,658 $81,414
2021 $7,019 $399,091 $319,273 $79,818
2020 $7,315 $421,362 $260,100 $161,262
2019 $7,231 $413,100 $255,000 $158,100
2018 $1,986 $98,355 $40,838 $57,517
2016 $1,884 $94,538 $39,253 $55,285
2015 $1,810 $93,119 $38,664 $54,455
2014 $1,786 $91,296 $37,907 $53,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19254759

California Regional Multiple Listing Service (CRMLS)

APN: 6151-006-036