NOT LISTED FOR SALE

11115 Marbel Ave Downey, CA 90241

Estimated Value: $787,777 - $988,000

2 Beds
1 Bath
1,131 Sq Ft
$772/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $510,000 $451 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,196/month

16 Days on Market

Highlights

  • Home fronts a creek
  • All Bedrooms Downstairs
  • Property is near public transit
  • Downey High School Rated A-
  • Creek or Stream View
  • Wooded Lot

About This Home

As of April 2015

LOOKING FOR AN R 2 LOT DOWNTOWN? Have you always wanted to own a home that you and your guests could truly admire? THIS IS THE ONE!
You'll step back to the year 1940 when you enter, but soon realize all the beautiful modern conveniences and upgrades of today.
The moment you view this property you will notice the attention to design and detail, from the professionally landscaped gardens to the custom paint used on the interior and exterior.
Enjoy the beautiful use of colors and textures in every room.
You will experience privacy and peaceful surroundings sitting on the custom patio and listening to the waterfall and bubbling stream.
Owned by the same family for 75 years, this is the first time the home has been on the market.
EXTRA! EXTRA! BONUS THIS IS ZONED R2 PER CITY - SO YOU CAN HAVE A 2ND HOUSE ON THE PROPERTY.
PRICED TO SELL AT ONLY $550,000.

Last Agent to Sell the Property

Marie Bagger

Century 21 Discovery License #00545909 Listed on: 03/04/2015

Co-Listed By

Dennis Bagger

Century 21 Discovery License #00442844

Last Buyer's Agent

Rafael Galdamez

Castle Realty Homes License #01372518

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 8,997 Sq Ft Lot
  • Home fronts a creek
  • Cul-De-Sac
  • Vinyl Fence
  • Brick Fence
  • Fence is in excellent condition
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned R2

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Turnkey
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,131 Sq Ft Home
  • Crown Molding
  • Wainscoting
  • Wood Burning Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Creek or Stream Views

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Stone Porch or Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 11399
  • Assessor Parcel Number 6254028038

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Refrigerator,Range/Oven
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System
  • View: Yes
  • Zoning: R2
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6254028038
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1131.00
  • Interior Amenities: Crown Molding, Tile Counters, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 450.93
  • Room Type: All Bedrooms Down, Formal Entry, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Creek/Stream
  • Fence: Yes
  • Fencing: Brick, Privacy, Vinyl, Excellent Condition
  • Patio And Porch Features: Patio Open, Patio, Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage, Garage Door Opener, Off Street, On Site, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Electric Oven, Electric Range, Electric Cooktop, Disposal, Refrigerator
  • Heating Type: Central, Forced Air, Fireplace(s)
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Urban

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Level, Lawn, Level with Street, Paved, Sprinkler System, Near Public Transit, Treed Lot, Walkstreet, Yard
  • Lot Size Sq Ft: 8997.00
  • Lot Size Acres: 0.2070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8997.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Creek

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 11399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Mar 24, 2015
Sold by
Weidknecht John M
Bought by
Murga Ricardo A and Trejo Rubi J
Seller's Agent
Marie Bagger
Century 21 Discovery
Buyer's Agent
Rafael Galdamez
Castle Realty Homes
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Current Estimated Value
$873,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,444
Avg. Annual Appreciation
5.16%
Original Mortgage
$400,000
Outstanding Balance
$306,924
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$566,520

Purchase Details

Closed on
Feb 25, 2015
Sold by
Murcia Lila M
Bought by
Weidkrecht John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$306,924
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$566,520

Purchase Details

Closed on
Feb 7, 2014
Sold by
Murcia Lila M
Bought by
Weidknecht John M and Murcia Lila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Weidknecht Patricia J
Bought by
Weidknecht Patricia J and The Weidknecht Family Trust Trust A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Weidknecht Patricia J and The Weidknecht Family Trust
Bought by
Weidknecht Patricia J and The Weidknecht Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Murga Ricardo A $510,000 Chicago Title Company
Weidkrecht John M -- None Available
Weidknecht John M -- North American Title
Weidknecht Patricia J -- Equity Title Company
Weidknecht Patricia J -- Equity Title Company
Weidknecht Patricia J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murga Ricardo A $400,000
Previous Owner Weidknecht John M $180,000
Previous Owner Weidknecht Patricia J $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $510,000 -7.3% $451 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $550,000 -- $486 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,590 $612,931 $429,054 $183,877
2024 $7,590 $600,914 $420,642 $180,272
2023 $7,329 $589,133 $412,395 $176,738
2022 $6,958 $577,582 $404,309 $173,273
2021 $6,811 $566,258 $396,382 $169,876
2020 $6,707 $560,453 $392,318 $168,135
2019 $6,634 $549,465 $384,626 $164,839
2018 $6,534 $538,692 $377,085 $161,607
2016 $6,348 $517,777 $362,444 $155,333
2015 $1,087 $66,651 $44,038 $22,613
2014 -- $65,347 $43,176 $22,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15045162

California Regional Multiple Listing Service (CRMLS)

APN: 6254-028-038