NOT LISTED FOR SALE

720 N 7th St Montebello, CA 90640

Estimated Value: $1,120,000 - $1,267,000

4 Beds
3 Baths
2,804 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $869,000 $310 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,541/month

5 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • No HOA
  • Open Floorplan
  • Granite Countertops
  • 4-minute walk to Taylor Ranch Park

About This Home

As of October 2020

First time on the market! This stunning beautiful tri-level home located in wonderful neighborhood. Truly a home of space and comfort at a very convenient location. Bright living room with fireplace and hardwood floor. Formal dining room. Functional kitchen with built-in appliances, granite counter tops, upgraded cabinets, ample storage space and breakfast area. OVERSIZED family room with built-in book cases, wet bar, fireplace, recessed lights and half bath conveniently located behind family room. 4 spacious bedrooms (including a relaxing master suite). Central Air and Heating, hardwood floor throughout the house, copper plumbing, dual pane windows, recessed lights. Inside laundry room with great storage area. 2 car attached garage with newer roll-up door. Well maintained front and back yard with automatic sprinkler system. Easy access to DTLA, markets(Costco, Home Depot, Vons etc...) Shopping mall, restaurants, park, library, public transportation and 60,710, and 605 Freeways. Hurry,come and see this bright and spacious home! It won't last long.

Last Agent to Sell the Property

MICHAEL CHOI

GEORGE MICHAEL REALTY License #01341518 Listed on: 08/04/2020

Last Buyer's Agent

Ben Gevdzhyan

Global Realty & Mortgage License #01202329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,403

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 6,024 Sq Ft Lot
  • Property is zoned MNR1YY

Parking

  • 2 Car Attached Garage

Home Design

  • Turnkey

Interior Spaces

  • 2,804 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 28886
  • Assessor Parcel Number 5269024041

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,403

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: MNR1YY
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5269024041
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2804.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting, Storage, Wet Bar
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 309.91
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6024.00
  • Lot Size Acres: 0.1383

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6024.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5300.03
  • Tax Lot: 24
  • Tax Tract Number: 28886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Chakhmakhchyan Khachatur
Bought by
Chakhmakhchyan Khachatur and Minasyan Gayane
Current Estimated Value
$1,178,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Outstanding Balance
$653,288
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$525,590

Purchase Details

Listed on
Aug 4, 2020
Closed on
Oct 7, 2020
Sold by
Tada Lauren T and Judy S Tada Trust
Bought by
Chakhmakhchyan Khachatur
Seller's Agent
MICHAEL CHOI
GEORGE MICHAEL REALTY
Buyer's Agent
Ben Gevdzhyan
Global Realty & Mortgage
List Price
$839,000
Sold Price
$869,000
Premium/Discount to List
$30,000
3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$695,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 10, 2013
Sold by
Tada Judy S
Bought by
Tada Judy S and Judy S Tada Trust

Purchase Details

Closed on
Apr 26, 2012
Sold by
Tada Wayne S and Tada Judy S
Bought by
Tada Judy S

Purchase Details

Closed on
Jul 21, 2003
Sold by
Tada Wayne S and Tada Judy S
Bought by
Tada Wayne S and Tada Judy S

Purchase Details

Closed on
Apr 22, 2003
Sold by
Tada Wayne S and Tada Judy S
Bought by
Tada Wayne S and Tada Judy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.54%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chakhmakhchyan Khachatur -- Clearmark Title Company
Chakhmakhchyan Khachatur $869,000 Chicago Title Company
Chakhmakhchyan Khachatur -- Chicago Title Company
Tada Judy S -- None Available
Tada Judy S -- None Available
Tada Wayne S -- --
Tada Wayne S -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakhmakhchyan Khachatur $720,000
Closed Chakhmakhchyan Khachatur $695,000
Previous Owner Tada Wayne S $287,000
Previous Owner Tada Wayne S $300,000
Previous Owner Tada Wayne S $287,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $869,000 +3.6% $310 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $839,000 -- $299 / 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 $13,403 $940,631 $563,945 $376,686
2024 $13,403 $922,188 $552,888 $369,300
2023 $13,380 $904,107 $542,048 $362,059
2022 $12,930 $886,380 $531,420 $354,960
2021 $12,482 $869,000 $521,000 $348,000
2020 $3,733 $217,210 $32,714 $184,496
2019 $3,635 $212,952 $32,073 $180,879
2018 $3,585 $208,778 $31,445 $177,333
2016 $3,317 $200,673 $30,225 $170,448
2015 $3,155 $197,659 $29,771 $167,888
2014 $3,119 $193,788 $29,188 $164,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20156055

California Regional Multiple Listing Service (CRMLS)

APN: 5269-024-041