NOT LISTED FOR SALE

7132 Luxor St Downey, CA 90241

Estimated Value: $918,000 - $1,081,000

4 Beds
2 Baths
1,338 Sq Ft
$738/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $625,000 $467 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,860/month

9 Days on Market

About This Home

As of May 2018

Huge potential, 2 separate houses on one lot in a great Downey area. Lot size over 10, 000 square feet. Front house is 3 bedrooms and back house is one bedroom. Long driveway with plenty of parking, wide street. Perfect for adding on or building your dream home (check with city for permits that will be or may be required). Lots of potential don't miss this one, it will not last. Agents, please read all agent remarks carefully.

Last Agent to Sell the Property

Sergio Tafolla

CENTURY 21 REALTY MASTERS License #00993732 Listed on: 03/05/2018

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Ernesto Flores

Keller Williams SELA License #01808435

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 10,669 Sq Ft Lot
  • No Common Walls

Home Design

  • 1,338 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 011
  • Tax Tract Number 11979
  • Assessor Parcel Number 6231020011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6231020011
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 467.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10669.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 011
  • Tax Tract Number: 11979

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Mar 16, 2018
Sold by
Pina Claudia
Bought by
Guerrero Ruben and Guerrero Erica A
Seller's Agent
Sergio Tafolla
CENTURY 21 REALTY MASTERS
Buyer's Agent
Ernesto Flores
Keller Williams SELA
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Current Estimated Value
$987,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,042
Avg. Annual Appreciation
6.09%
Original Mortgage
$431,310
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2003
Sold by
Pena Raquel
Bought by
Pina Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2002
Sold by
Pena John
Bought by
Pena Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.9%

Purchase Details

Closed on
Dec 3, 2002
Sold by
Pena Roberto and Pena John
Bought by
Pena John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.9%

Purchase Details

Closed on
Oct 20, 2000
Sold by
Hille Deborah Hurst
Bought by
Pena Roberto and Pena John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,242
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1999
Sold by
Mabel L Hurst Family Trust and Hurst Deborah
Bought by
Hille Deborah Hurst
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
Guerrero Ruben $625,000 Lawyers Title
Pina Claudia $370,000 Fidelity
Pena Raquel -- --
Pena John -- Atc
Pena Roberto $215,000 Commonwealth Land Title Co
Hille Deborah Hurst -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Ruben $431,310
Previous Owner Pina Claudia $296,000
Previous Owner Pena John $255,000
Previous Owner Pena Roberto $213,242
Closed Pina Claudia $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $625,000 +8.7% $467 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $575,000 -- $430 / 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 $8,996 $711,135 $432,371 $278,764
2024 $8,996 $697,193 $423,894 $273,299
2023 $8,691 $683,524 $415,583 $267,941
2022 $8,259 $670,123 $407,435 $262,688
2021 $8,070 $656,985 $399,447 $257,538
2020 $7,949 $650,250 $395,352 $254,898
2019 $7,865 $637,500 $387,600 $249,900
2018 $5,739 $462,329 $249,907 $212,422
2016 $5,571 $444,377 $240,203 $204,174
2015 $5,493 $437,703 $236,595 $201,108
2014 $5,193 $429,130 $231,961 $197,169
Source: Public Records

Agents Affiliated with this Home

  • Sergio Tafolla

    Seller's Agent in 2018

    Sergio Tafolla

    CENTURY 21 REALTY MASTERS

    (562) 882-6408

    104 Total Sales

    Sergio Tafolla
    Section Image
  • Ernesto Flores

    Buyer's Agent in 2018

    Ernesto Flores

    Keller Williams SELA

    (323) 325-9607

    63 Total Sales

    Ernesto Flores
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18051363

California Regional Multiple Listing Service (CRMLS)

APN: 6231-020-011

California Los Angeles County Downey 90241

7132 Luxor St, Downey, CA

Not Listed for Sale

MultiFamily

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