NOT LISTED FOR SALE

7130 Pellet St Downey, CA 90241

Estimated Value: $1,040,000 - $1,184,864

4 Beds
3 Baths
1,809 Sq Ft
$625/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $740,000 $409 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,085/month

18 Days on Market

Highlights

  • Contemporary Architecture
  • Den
  • Central Heating and Cooling System
  • No HOA
  • 4 Car Direct Access Garage
  • Carpet

About This Home

As of April 2021

Excellent opportunity for buyers and investors to own this 4 Bedroom, 3 Bathroom home nestled in a private and cozy neighborhood in Downey near the near Rio Hondo Country Club, shopping centers, restaurants, and downtown Downey.This home does need some TLC but in livable condition and is perfect for a value add/development opportunity for savvy investors with a significantly large sized lot (12,045 sq. ft.) perfect for an ADU addition or add on opportunity.

Last Agent to Sell the Property

Media Moussavy

The Agency License #01946821 Listed on: 03/23/2021

The Agency

Last Buyer's Agent

Moises Urbina

United Real Estate Los Angeles License #02074415

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 55x219
  • Property is zoned DOR1&HFB*

Home Design

  • Contemporary Architecture
  • Additions or Alterations
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Den
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Direct Access Garage
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6229-017-025

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1809
  • Lot Acreage: 0.2774
  • Lot Dimensions: 55x219
  • Probate: No
  • Property Condition: Repair Cosmetic, Additions/Alter
  • Stories: 1
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 386.95

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Direct Entrance, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 6229-017-025
  • Lot Size Area: 12084

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2023
Sold by
Outlet Title Llc
Bought by
Gutierrez Jose Alberto
Current Estimated Value
$1,129,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Outstanding Balance
$906,992
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$222,974

Purchase Details

Closed on
Aug 10, 2009
Sold by
Campbell Maria E
Bought by
Rendon Irma Leonor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,501
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 1998
Sold by
Babigian Arthur
Bought by
Campbell Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,732
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
May 7, 1998
Sold by
Bankers Trust Company
Bought by
Babigian Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,250
Interest Rate
7.13%

Purchase Details

Closed on
Dec 2, 1997
Sold by
Ferrell Leon C
Bought by
Bankers Trust Company

Purchase Details

Closed on
Feb 11, 1997
Sold by
Ferrell Leon C
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gutierrez Jose Alberto $1,100,000 Southern California Title
Rendon Irma Leonor $362,000 Fatcola
Campbell Maria E $155,000 Southland Title
Babigian Arthur $123,000 First Southwestern Title Co
Bankers Trust Company $108,000 First Southwestern Title Co
Bankers Trust Company $130,356 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Jose Alberto $935,000
Previous Owner Rendon Irma Leonor $331,501
Previous Owner Campbell Maria E $153,732
Previous Owner Babigian Arthur $92,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $740,000 +5.7% $409 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $699,999 -- $387 / Sq Ft
Source: The MLS

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 $14,127 $1,144,439 $831,591 $312,848
2024 $14,127 $1,122,000 $815,286 $306,714
2023 $9,753 $769,896 $541,008 $228,888
2022 $9,267 $754,800 $530,400 $224,400
2021 $7,128 $568,823 $381,602 $187,221
2020 $7,022 $562,992 $377,690 $185,302
2019 $6,950 $551,954 $370,285 $181,669
2018 $6,615 $541,132 $363,025 $178,107
2016 $6,418 $520,121 $348,929 $171,192
2015 $6,329 $512,309 $343,688 $168,621
2014 $5,973 $502,274 $336,956 $165,318
Source: Public Records

Agents Affiliated with this Home

  • Media Moussavy

    Seller's Agent in 2021

    Media Moussavy

    The Agency

    (424) 230-3700

    38 Total Sales

    Media Moussavy
    Section Image

  • M

    Buyer's Agent in 2021

    Moises Urbina

    United Real Estate Los Angeles

    Section Image
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Map

Source: The MLS

MLS Number: 21-709250

The MLS

APN: 6229-017-025

California Los Angeles County Downey 90241

7130 Pellet St, Downey, CA

Not Listed for Sale

Detached

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