NOT LISTED FOR SALE

501 S Sloan Ave Compton, CA 90221

Estimated Value: $1,032,000 - $1,077,000

5 Beds
2 Baths
2,916 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $990,000 $340 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,279/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Bonus Room with Fireplace
  • Deck
  • Spanish Architecture
  • High Ceiling

About This Home

As of September 2023

BACK ON MARKET - NO FAULT TO THE SELLER! Welcome to this Completely Remodeled Modern Spanish Revival, one of the most unique properties to ever hit the market in the city of Compton! Located on a corner lot with a detached garage, this home offers 2,919 square feet of living space, with a permitted 499 sqft addition and a big basement. It is still one of the lowest price per foot homes in the area! Featuring 5 bedrooms and 3 full bathrooms, with a huge master bath and closet located upstairs. Laundry is upstairs along with a Jack and Jill Bath, 3 bedrooms and storage. The home is perfect for a large family and those who love to entertain. Upon entering, you'll be greeted by 15 foot ceilings, massive fireplace and multiple barrel ceilings, giving the home an airy and spacious feel. The luxury vinyl flooring, KitchenAid Appliances and high end finishes add so much elegance and modernity to this beautiful space. This home has been completely renovated down to the studs with all new electrical, roof, plumbing, windows, landscaping and foundation, and is completely permitted; making it essentially a brand new construction. The detached garage offers plenty of space for storage and parking. This is a generational property that only becomes available every so often, don't miss out on this timeless piece of architecture!

Last Listed By

Sarah Weinberg

Berkshire Hathaway HomeServices Lifestyle Properties License #02200052 Listed on: 08/01/2023

Berkshire Hathaway HomeServices Lifestyle Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,810

Year Built

  • Built in 1928

Lot Details

  • 6,805 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CORL*

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Mediterranean Architecture

Interior Spaces

  • 2,916 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Bonus Room with Fireplace
  • Vinyl Flooring
  • Laundry Room
  • Basement

Kitchen

  • Convection Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 8
  • Tax Tract Number 8482
  • Assessor Parcel Number 6179021001
  • $746 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,810

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949.584.7022
  • Property Attached: No
  • View: No
  • Zoning: CORL*
  • Architectural Style: Mediterranean, Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6179021001
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2916.00 Square Feet
  • Interior Amenities: High Ceilings, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 339.51
  • Room Type: Basement, Bonus Room, Entry, Formal Entry, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Compton Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6805.00
  • Lot Size Acres: 0.1562

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6805.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 5424.01
  • Tax Lot: 1
  • Tax Tract Number: 8482
  • TaxOtherAnnualAssessmentAmount: 746.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 16, 2023
Sold by
Desert Coast Investments Inc
Bought by
Olidge Joseph and Dogan-Bonam Christina Denise
Seller's Agent
Sarah Weinberg
Berkshire Hathaway HomeServices Lifestyle Properties
Buyer's Agent
Bryant Flores
American Financial Group
List Price
$1,045,000
Sold Price
$990,000
Premium/Discount to List
-$55,000
-5.26%
Total Days on Market
17
Views
573
Current Estimated Value
$1,055,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,184
Avg. Annual Appreciation
4.01%
Original Mortgage
$990,000
Outstanding Balance
$972,212
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$82,972

Purchase Details

Closed on
Feb 3, 2022
Sold by
Jeanette Hill Revocable Trust
Bought by
Desert Coast Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 2011
Sold by
Hill Jeanette
Bought by
Hill Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
4.05%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 15, 2000
Sold by
Meeks Milton
Bought by
Hill Jeanette

Purchase Details

Closed on
Mar 8, 2000
Sold by
Hill Jeanette
Bought by
Meeks Milton

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 Buyer Sale Price Title Company
Olidge Joseph $990,000 Socal Title Company
Desert Coast Investments Inc $310,000 Fidelity National Title
Desert Coast Investments Inc $310,000 Fidelity National Title
Hill Jeanette -- Chicago Title Company
Hill Jeanette -- --
Meeks Milton $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olidge Joseph $990,000
Previous Owner Desert Coast Investments Inc $593,000
Previous Owner Hill Jeanette $22,000
Previous Owner Hill Jeanette $250,000
Previous Owner Hill Jeanette $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $990,000 -1.0% $340 / Sq Ft
08/11/2023 08/11/23 Price Changed $999,900 -4.3% $343 / Sq Ft
08/01/2023 08/01/23 For Sale $1,045,000 -- $358 / 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
2024 $16,810 $990,000 $590,000 $400,000
2023 $11,419 $632,400 $510,000 $122,400
2022 $5,276 $296,886 $108,612 $188,274
2021 $5,257 $291,066 $106,483 $184,583
2019 $5,159 $282,435 $103,326 $179,109
2018 $4,976 $276,898 $101,300 $175,598
2016 $4,712 $266,147 $97,367 $168,780
2015 $4,507 $262,150 $95,905 $166,245
2014 $4,425 $257,016 $94,027 $162,989
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23142324

California Regional Multiple Listing Service (CRMLS)

APN: 6179-021-001