200 S Sherer Place, Compton, California 90220, Compton, 90220 - 3 bed, 2 bath
ACTIVE$599,999
200 S Sherer Place, Compton, California 90220
3Beds
2Baths
1,034Sqft
3,407Lot
Year Built
1986
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$580
HOA
-
Days on market
-
Sold On
-
MLS number
IN24212818
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,5 Pros. Rank: price - $600.0K(22th), sqft - 1034(19th), beds - 3(50th), baths - 2(50th).
Property to be sold in As-Is condition; no termite nor repairs. Please call first to schedule appointment. Do not show up with out confirmation of appointment
Price History
Date
Event
Price
05/17/19
Sold
$440,000
06/12/14
Sold
$296,000
03/12/14
Sold
$200,000
03/20/02
Sold
$150,000
08/21/98
Sold
$123,000
Condition Rating
Poor
The property, built in 1986, is 38 years old. The listing explicitly states it is being sold 'as-is' with 'no termite nor repairs,' which is a strong indicator of significant deferred maintenance and potential underlying issues. The complete absence of interior images, especially for the kitchen and bathrooms, suggests these critical areas are likely outdated and in poor condition, requiring substantial renovation. The exterior images show a neglected appearance with faded paint and unkempt landscaping, reinforcing the need for extensive rehabilitation.
Pros & Cons
Pros
Functional Layout: The property features a desirable 3-bedroom, 2-bathroom configuration, offering a more practical and convenient living arrangement for families compared to many 1-bathroom homes in the vicinity.
Relatively Newer Construction: Built in 1986, this home is considerably newer than most comparable properties in the area, which often date back to the 1940s-1950s, potentially indicating more modern construction standards.
Adequate Living Space: With 1034 sqft, the property provides a comfortable and functional living area, offering more space than several recently sold or active comparable listings.
Established Neighborhood: Located in Compton, the property benefits from an established community with access to local amenities, schools, and transportation routes.
Value-Add Opportunity: For investors or buyers seeking to customize, the 'as-is' sale presents a chance to acquire the property and build equity through targeted renovations and upgrades.
Cons
As-Is Condition & No Repairs: The property is explicitly sold 'as-is' with no termite or other repairs, indicating potential significant deferred maintenance and immediate repair costs for the buyer.
Significant Overpricing: The list price of $599,999 is substantially higher than the estimated property value of $424,304, suggesting it may be significantly overpriced for its current condition and market.
Limited Marketing Details: The property description is very brief and lacks appealing details about features, upgrades, or neighborhood benefits, which may hinder buyer interest and effective marketing.