NOT LISTED FOR SALE

947 W Palmer St Compton, CA 90220

Estimated Value: $604,000 - $671,256

3 Beds
2 Baths
1,523 Sq Ft
$422/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $606,000 $398 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,051/month

8 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2024

Incredible opportunity!!! Perfect layout for possible future 2 story detached ADU where existing 2 car garage exists (Buyer to verify with city). Move-in ready with open floor plan, upgraded kitchen and bathrooms, newer flooring, newer windows, formal living room, formal dining room, great size family room, large master bedroom with its own bath, Private back yard. Solar panels.

Last Agent to Sell the Property

Joe Lewis

Keller Williams South Bay Brokerage Phone: 310-628-6933 License #01132346 Listed on: 10/07/2024

Keller Williams South Bay

Last Buyer's Agent

Noe Ramirez

Coldwell Banker Envision License #02016859

Coldwell Banker Envision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,011

Year Built

  • Built in 1947

Lot Details

  • 4,996 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CORM*

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 28 / 18
  • Tax Tract Number 5627
  • Assessor Parcel Number 6156019036
  • $897 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,011

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: CORM*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6156019036
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1523.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 397.90
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4996.00
  • Lot Size Acres: 0.1147

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4996.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5427.00
  • Tax Lot: 28
  • Tax Tract Number: 5627
  • TaxOtherAnnualAssessmentAmount: 897.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 5, 2024
Sold by
George Say and Say Samsophey
Bought by
Flores Alejandro
Seller's Agent
Joe Lewis
Keller Williams South Bay
Buyer's Agent
Noe Ramirez
Coldwell Banker Envision
List Price
$550,000
Sold Price
$606,000
Premium/Discount to List
$56,000
10.18%
Views
55
Current Estimated Value
$642,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,564
Avg. Annual Appreciation
5.74%
Original Mortgage
$591,000
Outstanding Balance
$585,072
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$57,492

Purchase Details

Closed on
May 11, 2018
Sold by
Pranco Hugo
Bought by
Say George and Say Samsophey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2007
Sold by
Fermin Mariano
Bought by
Franco Hugo and Franco Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2002
Sold by
Fermin Martha
Bought by
Fermin Mariano

Purchase Details

Closed on
Jul 21, 1994
Sold by
First Team Development Co Inc
Bought by
Fermin Mariano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,109
Interest Rate
8.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 1994
Sold by
Edgar Angelia Denise and Edgar Patricia Jean
Bought by
First Team Development Co Inc
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
Flores Alejandro $606,000 First American Title
Say George $400,000 Provident Title Company
Franco Hugo -- Provident Title
Fermin Mariano -- Accommodation
Fermin Mariano $124,500 Stewart Title
First Team Development Co Inc $40,000 Stewart Title
First Team Development Co Inc $40,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Alejandro $591,000
Previous Owner Say George $440,000
Previous Owner Franco Hugo $44,000
Previous Owner Fermin Mariano $123,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $606,000 +10.2% $398 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $550,000 +37.5% $361 / Sq Ft
09/28/2018 09/28/18 Sold $400,000 0.0% $263 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
03/31/2018 03/31/18 For Sale $399,997 0.0% $263 / Sq Ft
03/15/2018 03/15/18 Off Market $400,000 -- --
02/28/2018 02/28/18 For Sale $399,997 0.0% $263 / Sq Ft
02/25/2018 02/25/18 Off Market $400,000 -- --
02/20/2018 02/20/18 For Sale $399,997 -- $263 / 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 $8,011 $606,000 $437,900 $168,100
2024 $8,011 $437,456 $317,375 $120,081
2023 $7,906 $428,879 $311,152 $117,727
2022 $7,133 $420,470 $305,051 $115,419
2021 $7,208 $412,226 $299,070 $113,156
2020 $7,078 $408,000 $296,004 $111,996
2019 $6,996 $400,000 $290,200 $109,800
2018 $6,091 $347,565 $202,610 $144,955
2017 $5,918 $340,751 $198,638 $142,113
2016 $5,631 $324,000 $189,000 $135,000
2015 $5,018 $296,000 $173,000 $123,000
2014 $3,900 $224,000 $131,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24207711

California Regional Multiple Listing Service (CRMLS)

APN: 6156-019-036