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618 West Cressey Street

618 West Cressey Street, Compton, CA 90222
Property in Compton
Sold Aug 04, 1998
$145,000
$313,000 by Grand Capital & Associates Inc
Mortgage Due Jul 01, 2036
Sold Jun 12, 1998
$75,500
$68,500 by Rancho Consolidated Inc
Mortgage
618 West Cressey Street in Compton, CA was first built in 1949 and is 75 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 618 West Cressey Street has 1,092 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,995 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 618 West Cressey Street was last sold in Jul 6, 1998 for $145,000. According to our calculations, that's $132.78 per sqft. Prior to that sales transaction, the property was sold for $75,500 in May 19, 1998. Current property owners are expected to pay $3,945 in taxes per year. The property on 618 West Cressey Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $218,468. To break that down further, the land itself was valued at $90,398. While improvements to the property were assessed at a total of $128,070. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 4,995
  • Total Building Area: 1,092
  • Gross Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,092
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5113
  • Land Acres: 0.115
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5113 LOTS 1O AND LOT/SEC 11 BLK/DIV/TWN C

Ownership

  • Current Owner : FERREIRA ALBERTO
  • Current Owner 2: BARRIGAS MARIA
  • Previous Owner : ISTMO INVESTMENTS INC
  • Owner Before Previous Owner: OCWEN FEDERAL BANK FSB
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Compton Unified School District
  • Census Tract: 542700

Zoning

  • Zoning: CORM*

Geography

  • Assessors Map Reference: 64-E2
  • Subdivision Tract Number: 5113
  • Parcel: 6153-007-007
  • Block: C
  • Lot: 1O
  • Municipality: SOUTH /COMPTON
  • Latitude: 33.9051
  • Longitude: -118.235

    Address

  • Full Address: 618 W Cressey St
  • Address - House Number: 618
  • Street Direction: W
  • Address - Street Name: Cressey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Compton
  • Carrier Code: C008
  • 4-Digit Zip Code: 3529
  • Zip Code: 90222

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,945
  • Tax Rate Code Area: 02-800

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 585,811
  • High Value: 718,647
  • Low Value: 452,975

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $411,000
  • First Open Lien Mortgage Lender: GRAND CAPITAL & ASSOCIATES INC
  • First Open Lien Mortgage Recording Date: Jun 15, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $313,000
  • 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
  • Second Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • Second Open Lien Mortgage Recording Date: Dec 22, 2006
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $98,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $218,468
  • Assessed Land Value: $90,398
  • Assessed Improvements Value: $128,070

    Sales

  • Current Sale Contract Date: Jul 06, 1998
  • Current Sale Recording Date: Aug 04, 1998
  • Current Sale Transaction ID: 1033517286
  • Current Sale Price: $145,000
  • Current Sale Document Type: Corporation Deed
  • Current Sale Input Document Number: 98-1353761
  • Previous Sale Recording Date: Jun 12, 1998
  • Previous Sale Contract Date: May 19, 1998
  • Previous Sale Amount: $75,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURED BANKERS MTG COMPANY
  • First Mortgage Transaction Date: Aug 04, 1998
  • First Mortgage Loan Amount: $147,342
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: RANCHO CONSOLIDATED INC
  • Previous Mortgage Transaction Date: Jun 12, 1998
  • Previous Mortgage Loan Amount: $68,500

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Frequently Asked Questions

What neighborhood is 618 West Cressey Street located in?
The 618 West Cressey Street is a located in the neighborhood of Compton in Compton, Compton.
What is the average sales price for listings in 618 West Cressey Street?
The average sales price for units in 618 West Cressey Street is $0 currently.

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