NOT LISTED FOR SALE

7124 Pellet St Downey, CA 90241

Downey Area

Estimated Value: $1,175,000 - $1,328,000

7 Beds
4 Baths
2,950 Sq Ft
$423/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2012

Last sale price $650,000 $220 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,559 / mo

Highlights

  • Contemporary Architecture
  • No HOA
  • Cooling System Powered By Gas
  • Wood Flooring
  • Two Homes on a Lot
  • Forced Air Heating System

About This Home

As of August 2012

This home is located at 7124 Pellet St, Downey, CA 90241 since 19 July 2012 and is currently estimated at $1,248,889, approximately $423 per square foot. This property was built in 1947. 7124 Pellet St is a home located in Los Angeles County.

Last Agent to Sell the Property

Jeff Barton

Bridgeport Real Estate License #01214188 Listed on: 07/19/2012

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 12,066 Sq Ft Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,950 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 7028
  • Assessor Parcel Number 6229017037

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $50
  • Insurance Expense $65
  • Trash Expense $45
  • Water Sewer Expense $100
  • New Taxes Expense $260
  • Gross Income $4,150
  • Net Operating Income $3,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: DOR1 HFB
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 50.00
  • Parcel Number: 6229017037
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 220.34
  • Room Type: All Bedrooms Up

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Trash Expense: 45.00
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size: 12066 SF
  • Lot Size Sq Ft: 12066.00
  • Lot Size Acres: 0.2770

Multi Family

  • Gross Income: 4150.00
  • Gross Scheduled Income: 4150.00
  • Insurance Expense: 65.00
  • Lot Size Area: 12066.0000 Square Feet
  • Net Operating Income: 3620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 530.00
  • Rent Control: No
  • Total Actual Rent: 1650.00

Tax Info

  • New Taxes Expense: 260.00
  • Tax Lot: 73
  • Tax Tract Number: 7028
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2012
Closed on
Oct 17, 2012
Sold by
Bought by
Seller's Agent
Jeff Barton
Bridgeport Real Estate
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Sold Price
$650,000
Current Estimated Value
$1,248,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,889
Avg. Annual Appreciation
4.80%
Original Mortgage
$510,581
Outstanding Balance
$338,364
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$910,525

Purchase Details

Listed on
Jul 19, 2012
Closed on
Sep 18, 2012
Sold by
Bought by
Seller's Agent
Jeff Barton
Bridgeport Real Estate
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,581
Outstanding Balance
$338,364
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$910,525

Purchase Details

Closed on
Oct 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2008
Sold by
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation
-- First American Title Company
$520,000 First American Title Company
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $510,581
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $650,000 -- $220 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,408 $640,330 $369,423 $270,907
2024 $8,246 $627,776 $362,180 $265,596
2023 $7,973 $615,468 $355,079 $260,389
2022 $7,583 $603,401 $348,117 $255,284
2021 $7,395 $591,571 $341,292 $250,279
2020 $7,284 $585,506 $337,793 $247,713
2019 $7,208 $574,026 $331,170 $242,856
2018 $6,912 $562,772 $324,677 $238,095
2016 $6,689 $540,920 $312,070 $228,850
2015 $6,595 $532,796 $307,383 $225,413
2014 $6,232 $522,360 $301,362 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12088381

California Regional Multiple Listing Service (CRMLS)

APN: 6229-017-037

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