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427 West School Street

427 West School Street, Compton, CA 90220
Property in Compton
Sold Jun 28, 2021
$575,000
$32,326 by Figure Lending Llc
Mortgage
Sold May 04, 2017
$398,500
$387,845 by Royal Pacific Funding Corp
Mortgage Due May 01, 2047
427 West School 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1965. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 427 West School Street has 1,448 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 5,990 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. 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 B by the local assessor. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 23, 2021 for $575,000. That's $397.10 per sqft. Prior to that sales transaction, the property was also sold in Apr 7, 2017 for $398,500. 427 West School Street was last assessed in 2023. The total value of the property was assessed at $598,229. Specifically, the land the property is located on was valued at $414,599. While improvements on the property were assessed at a total of $183,630. 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 $9,795. The initial tax year of delinquency was in 2021. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1938
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,990
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6207
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 6207 LOT/SEC 25 BLK/DIV/TWN 3

Ownership

  • Current Owner : WASHINGTON SHANTE
  • Current Owner 2: WASHINGTON DWAYNE E
  • Previous Owner : WASHINGTON TRAMAINE ROCHELLE
  • Owner Before Previous Owner: SOUTH BAY LAND DEVELOPMENT COMPANY LLC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Compton Unified School District
  • Census Tract: 542602

Zoning

  • Zoning: CORL*

Geography

  • Assessors Map Reference: 64-E3
  • Subdivision Tract Number: 6207
  • Parcel: 6157-020-025
  • Block: 3
  • Lot: 25
  • Municipality: SOUTH /COMPTON-N/W
  • Latitude: 33.8979
  • Longitude: -118.23

    Address

  • Full Address: 427 W School St
  • Address - House Number: 427
  • Street Direction: W
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: CA
  • City Name: Compton
  • Carrier Code: C025
  • 4-Digit Zip Code: 2017
  • Zip Code: 90220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,795
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 02-800

    Appraisal Valuation

  • Standard Deviation: 0.2353
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 67
  • Final Value: 639,273
  • High Value: 789,750
  • Low Value: 488,797

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,326
  • First Open Lien Mortgage Lender: FIGURE LENDING LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $32,326
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $598,229
  • Assessed Land Value: $414,599
  • Assessed Improvements Value: $183,630

    Sales

  • Current Sale Contract Date: Jun 23, 2021
  • Current Sale Recording Date: Jun 28, 2021
  • Current Sale Transaction ID: 11840963040
  • Current Sale Price: $575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1009123
  • Previous Sale Recording Date: May 04, 2017
  • Previous Sale Contract Date: Apr 07, 2017
  • Previous Sale Amount: $398,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jun 28, 2021
  • First Mortgage Loan Amount: $546,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ROYAL PACIFIC FUNDING CORP
  • Previous Mortgage Transaction Date: May 04, 2017
  • Previous Mortgage Loan Amount: $387,845
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2047

About Compton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 427 West School Street located in?
The 427 West School Street is a located in the neighborhood of Compton in Compton, Compton.
What is the average sales price for listings in 427 West School Street?
The average sales price for units in 427 West School Street is $0 currently.

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