NOT LISTED FOR SALE

724 S Locust Cir Compton, CA 90221

Estimated Value: $584,000 - $661,000

2 Beds
1 Bath
736 Sq Ft
$842/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $510,000 $693 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,079/month

22 Days on Market

Highlights

  • Bonus Room
  • Formal Dining Room
  • 1 Car Attached Garage
  • No HOA
  • Cul-De-Sac
  • Cooling Available

About This Home

As of January 2022

This is cozy home has two bedroom one bath home with a bonus room currently used as a third bedroom plus a one car garage in the city of Compton. This Home has a large front yard and spacious backyard. A wonderful property for a first time home buyer or investor !!!

Last Agent to Sell the Property

Seanshari Pellum Senior

Circle Real Estate License #02065775 Listed on: 11/24/2021

Circle Real Estate

Co-Listed By

Ian Michael Thompson

Keller Williams Pacific Estates La Mirada License #01961267

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,542

Year Built

  • Built in 1947

Lot Details

  • 5,254 Sq Ft Lot
  • Cul-De-Sac
  • Density is up to 1 Unit/Acre
  • Property is zoned CORL*

Parking

  • 1 Car Attached Garage
  • Parking Available

Interior Spaces

  • 736 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Bonus Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling Available
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 14064
  • Assessor Parcel Number 6181015026
  • $521 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,542

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 5623486497
  • Property Attached: No
  • View: No
  • Zoning: CORL*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6181015026
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 736.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 692.93
  • Room Type: All Bedrooms Down, Bonus Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: None
  • Water Source: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Horse Trails, Sidewalks

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac
  • Lot Size Sq Ft: 5254.00
  • Lot Size Acres: 0.1206

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5254.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5421.05
  • Tax Lot: 57
  • Tax Tract Number: 14064
  • TaxOtherAnnualAssessmentAmount: 521.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2021
Closed on
Dec 21, 2021
Sold by
Ernestine Winston
Bought by
Morris Michelle
Seller's Agent
Seanshari Pellum Senior
Circle Real Estate
List Price
$470,000
Sold Price
$510,000
Premium/Discount to List
$40,000
8.51%
Current Estimated Value
$619,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,356
Avg. Annual Appreciation
4.61%
Original Mortgage
$408,000
Outstanding Balance
$377,317
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$224,338

Purchase Details

Closed on
Aug 13, 1993
Sold by
Winston Anthony and Winston Ernestine
Bought by
Winston Ernestine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.91%
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
Morris Michelle $510,000 Clearmark Title
Winston Ernestine -- Continental Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Michelle $408,000
Previous Owner Winston Ernestine $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $510,000 +2.2% $693 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
11/28/2021 11/28/21 Price Changed $499,000 +6.2% $678 / Sq Ft
11/24/2021 11/24/21 For Sale $470,000 -- $639 / 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 $9,542 $541,214 $432,972 $108,242
2024 $9,542 $530,603 $424,483 $106,120
2023 $9,419 $520,200 $416,160 $104,040
2022 $1,415 $53,306 $25,586 $27,720
2021 $1,420 $52,262 $25,085 $27,177
2019 $1,334 $50,714 $24,342 $26,372
2018 $1,305 $49,720 $23,865 $25,855
2016 $1,249 $47,792 $22,940 $24,852
2015 $1,207 $47,075 $22,596 $24,479
2014 $1,198 $46,154 $22,154 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21254902

California Regional Multiple Listing Service (CRMLS)

APN: 6181-015-026