$892,000
SOLD AUG 8, 2025

7044 Pellet St Downey, CA 90241

4 Beds
2 Baths
2,127 Sq Ft
0.28 Acres

Recently Sold

$419 Per Sq Ft

12% Above List Price

6 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom
  • Bonus Room

About This Home

As of August 2025

Calling all investors! You’ve heard the saying, “Buy the worst home in the best neighborhood”. Well, here it is! Located in the central area of Downey in a neighborhood with million+ dollar homes on a 1⁄4+ acre lot. 4 bedrooms, 2 bathrooms. Large kitchen. Family & bonus rooms. Built-in salt water pool. New roof. Raised foundation for easy access to plumbing & electrical. Large 2 car garage located behind the home. May have potential for ADU, 2nd home, tri-plex or four-plex? Walking distance to Crawford park. Home is being sold “as-is”. Looking for a cash buyer who can perform quickly. This is a great opportunity for a flip investor or anyone looking to buy into a great neighborhood and gain equity by doing the work themselves. No HOA, low taxes.

Last Agent to Sell the Property

John Metcalf

Inland Valley Realty Brokerage Phone: 951-327-5030 License #01014401 Listed on: 07/14/2025

Last Buyer's Agent

Margarito Barraza

C-21 Realty Team License #01212782

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.28 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR1&HFB*

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Entry on the 1st floor
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Alarm System

Kitchen

  • Six Burner Stove
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Shed
  • Rain Gutters
  • Front Porch

Schools

  • Warren High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 7028
  • Assessor Parcel Number 6229016023
  • $647 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Outdoor sheds, washer & dryer.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Wired for Alarm System
  • View: No
  • Zoning: DOR1&HFB*
  • Architectural Style: Ranch
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6229016023
  • Year Built: 1952
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2127.00 Square Feet
  • Interior Amenities: Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, In Family Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 419.37
  • Room Type: All Bedrooms Down, Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Jetted Tub, Separate Tub And Shower

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Patio And Porch Features: Porch, Front Porch
  • Pool Features: Private, Fenced, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Free-Standing Range, Disposal, Gas Range, Range Hood, Trash Compactor, Water Heater
  • Electric: Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • High School: Warren
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 12001.00
  • Lot Size Acres: 0.2755

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12001.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.02
  • Tax Lot: 65
  • Tax Tract Number: 7028
  • TaxOtherAnnualAssessmentAmount: 647.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2025
Closed on
Jul 24, 2025
Sold by
Wynkoop Waite and Wynkoop Charlotte
Bought by
Reyes Sergio A Ramirez and Serrano Bertha Carrillo
Seller's Agent
John Metcalf
Inland Valley Realty
Buyer's Agent
Margarito Barraza
C-21 Realty Team
List Price
$799,900
Sold Price
$892,000
Premium/Discount to List
$92,100
11.51%
Views
70
Current Estimated Value
$893,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,025
Avg. Annual Appreciation
0.28%

Purchase Details

Closed on
Apr 24, 2024
Sold by
Donna Marie Watson Trust and Metcalf Cerita
Bought by
Watson-Wynkoop Theresa Renee

Purchase Details

Closed on
May 19, 1996
Sold by
Watson Donna
Bought by
Watson Donna and Living 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 Type Sale Price Title Company
Grant Deed $892,000 Stewart Title Of California In
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $892,000 +11.5% $419 / Sq Ft
07/21/2025 07/21/25 For Sale $799,900 -10.3% $376 / Sq Ft
07/20/2025 07/20/25 Off Market $892,000 -- --
07/20/2025 07/20/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $799,900 -- $376 / 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 $2,524 $166,656 $58,884 $107,772
2024 $2,524 $163,389 $57,730 $105,659
2023 $2,451 $160,187 $56,599 $103,588
2022 $2,344 $157,047 $55,490 $101,557
2021 $2,272 $153,968 $54,402 $99,566
2019 $2,217 $149,404 $52,790 $96,614
2018 $2,018 $146,475 $51,755 $94,720
2017 $1,982 $143,604 $50,741 $92,863
2016 $1,930 $140,790 $49,747 $91,043
2015 $1,902 $138,676 $49,000 $89,676
2014 $1,816 $135,961 $48,041 $87,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25157099

California Regional Multiple Listing Service (CRMLS)

APN: 6229-016-023