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1423 West 131st Street

1423 West 131st Street, Compton, CA 90222
Property in Compton
Refi Jun 21, 2006
Transfer
$135,000 by Fremont Investment & Loan
Mortgage Due Jul 01, 2036
1423 West 131st Street has been categorized by the local assessors in Compton, CA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1423 West 131st Street has 806 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,992 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of block. In terms of heating, it is utilizing floor/wall heating system. Finally, the property is currently sourcing its water from a municipal system. 1423 West 131st Street was last assessed in 2023. The total value of the property was assessed at $178,438. Specifically, the land the property is located on was valued at $130,862. While improvements on the property were assessed at a total of $47,576. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,899. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,992
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 806
  • Building Area: 806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 14333
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 14333 LOT/SEC 3

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Compton Unified School District
  • Census Tract: 541300

Zoning

  • Zoning: CORL*

Geography

  • Assessors Map Reference: 64-D1
  • Subdivision Tract Number: 14333
  • Parcel: 6145-007-003
  • Lot: 3
  • Municipality: SOUTH /WILLOWBROOK SFR
  • Latitude: 33.9132
  • Longitude: -118.247

    Address

  • Full Address: 1423 W 131st St
  • Address - House Number: 1423
  • Street Direction: W
  • Address - Street Name: 131st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Compton
  • Carrier Code: C014
  • 4-Digit Zip Code: 1826
  • Zip Code: 90222

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,899
  • Tax Rate Code Area: 02-800

    Appraisal Valuation

  • Standard Deviation: 0.237
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 524,543
  • High Value: 648,906
  • Low Value: 400,181

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: FREMONT INVESTMENT & LOAN
  • First Open Lien Mortgage Recording Date: Jun 21, 2006
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,438
  • Assessed Land Value: $130,862
  • Assessed Improvements Value: $47,576

About Compton



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Frequently Asked Questions

What neighborhood is 1423 West 131st Street located in?
The 1423 West 131st Street is a located in the neighborhood of Compton in Compton, Compton.
What is the average sales price for listings in 1423 West 131st Street?
The average sales price for units in 1423 West 131st Street is $0 currently.

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