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15602 South Butler Avenue

15602 South Butler Avenue, Compton, CA 90221
Multifamily in East Compton
Sold Jul 02, 2021
$765,000
$751,143 by Best Capital Funding
Mortgage Due Jul 01, 2051
Sold Dec 31, 2020
$509,536
Local assessors in Compton, CA have categorized 15602 South Butler Avenue as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 18,879 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 15602 South Butler Avenue has a total of 1,469 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 15602 South Butler Avenue was last sold in Jun 9, 2021 for $765,000. According to our calculations, that's $520.76 per sqft. Prior to that sales transaction, the property was sold for $509,536 in Dec 15, 2020. Current property owners are expected to pay $9,722 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 15602 South Butler Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $780,300. To break that down further, the land itself was valued at $510,000. While improvements to the property were assessed at a total of $270,300. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
Covered Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,879
  • Total Building Area: 1,469
  • Building Area: 1,469
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,469
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6307
  • Land Acres: 0.433
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 6307 LOT/SEC 6 BLK/DIV/TWN A

Ownership

  • Current Owner : MADRIGAL BRENDA
  • Current Owner 2: HERRERA ALMA
  • Previous Owner : REDWOOD HOLDINGS LLC
  • Owner Before Previous Owner: GILBERT BANKS MARILYN LOUISE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Compton Unified School District
  • Census Tract: 542105

Zoning

  • Zoning: LCR2*

Geography

  • Assessors Map Reference: 65-C3
  • Subdivision Tract Number: 6307
  • Parcel: 6181-022-006
  • Block: A
  • Lot: 6
  • Municipality: SOUTH /COMPTON
  • Latitude: 33.8914
  • Longitude: -118.197

    Address

  • Full Address: 15602 S Butler Ave
  • Address - House Number: 15602
  • Street Direction: S
  • Address - Street Name: Butler
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Compton
  • Carrier Code: C016
  • 4-Digit Zip Code: 4135
  • Zip Code: 90221

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,722
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 02-949

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 840,266
  • High Value: 1,029,310
  • Low Value: 651,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $751,143
  • First Open Lien Mortgage Lender: BEST CAPITAL FUNDING
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $751,143
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,300
  • Assessed Land Value: $510,000
  • Assessed Improvements Value: $270,300

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11842341795
  • Current Sale Price: $765,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1037272
  • Previous Sale Recording Date: Dec 31, 2020
  • Previous Sale Contract Date: Dec 15, 2020
  • Previous Sale Amount: $509,536
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: BEST CAPITAL FUNDING
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $751,143
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Compton



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,832 /mo

  • Studio
  • 5,789 ft²
Listing by CHRISTINE CHENG
Unit for rent at

$2,950 /mo

  • 2 Beds
  • 1 Bath
  • 884 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 15602 South Butler Avenue located in?
The 15602 South Butler Avenue is a multifamily located in the neighborhood of East Compton in Compton, Compton.
What is the average sales price for listings in 15602 South Butler Avenue?
The average sales price for units in 15602 South Butler Avenue is $0 currently.

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