NOT LISTED FOR SALE

7216 Paseo Del Rio Commerce, CA 90040

Estimated Value: $781,000 - $800,000

3 Beds
2.5 Baths
1,590 Sq Ft
$495/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $500,000 $314 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,798/month

6 Days on Market

Highlights

  • Open Floorplan
  • Front Porch
  • Double Pane Windows
  • Private Yard
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of August 2018

Welcome to 7216 Paseo Del Rio! This beauty is located in the highly desired, private, gated community of Vista Del Rio. Come home to an open floor plan with high vaulted ceilings and enjoy the natural light from the large windows throughout. The central A/C and heat keeps the spacious living space with 3 bedrooms and 3 bathrooms a comfortable temperature year round. The bathroom downstairs is perfect for guests to use while you entertain in the backyard patio area or large family room. The garage boasts custom cabinets that will meet all your storage needs. Go for a jog or bike ride in the Rio Hondo bike path. It is just a short walk away from Veterans Memorial Park, which has a playground for kids, basketball courts, and a recreation center. The park also has plenty of picnic tables for birthday parties and other celebrations. Spend the day shopping in the many nearby shopping centers. Just a few minutes away from the Citadel Outlets, restaurants and a multitude of shopping centers in Downey. Easy freeway access gets you to vibrant Downtown Los Angeles in just a few minutes. This home is a MUST SEE.

Last Agent to Sell the Property

Gilbert Cabrera Jr.

Nueva Real Estate License #01896524 Listed on: 07/20/2018

Co-Listed By

Andrew Bedolla

Keller Williams SELA License #01954087

Last Buyer's Agent

Ailime Garriga

Realty One Group Homelink License #01274209

Realty One Group Homelink

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 2,847 Sq Ft Lot
  • Private Yard
  • Property is zoned DOR16000*

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Turnkey
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 1,590 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Dining Room

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Front Porch

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 52423
  • Assessor Parcel Number 6357040041

Community Details

Overview

  • Vista Del Rio Association, Phone Number (562) 869-1556
  • Maintained Community

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$129 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Card/Code Access
  • View: No
  • Zoning: DOR16000*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6357040041
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1590.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 314.47
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Laminate Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Front Porch, Slab
  • Pool Private: No
  • Roof: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Dues Paid Monthly, Controlled Access
  • Association Fee: 129.00
  • Association Fee Frequency: Monthly
  • Association Name: Vista Del Rio
  • Phone: 562-869-1556
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2847.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5323.04
  • Tax Lot: 41
  • Tax Tract Number: 52423

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 21, 2018
Sold by
Mani Israel
Bought by
Mani Mari R
Seller's Agent
Gilbert Cabrera Jr.
Nueva Real Estate
Buyer's Agent
Ailime Garriga
Realty One Group Homelink
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Current Estimated Value
$787,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,302
Avg. Annual Appreciation
6.36%
Original Mortgage
$350,000
Outstanding Balance
$213,652
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$573,650

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 9, 2018
Sold by
Burke Sandra M
Bought by
Mani Mari R
Seller's Agent
Gilbert Cabrera Jr.
Nueva Real Estate
Buyer's Agent
Ailime Garriga
Realty One Group Homelink
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$213,652
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$573,650

Purchase Details

Closed on
Jul 13, 2011
Sold by
Munguia Sandra M and Munguia Sandra
Bought by
Munguia Sandra M and Del Valle Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2011
Sold by
Delvalle Amalia and De Valle Amalia
Bought by
Munguia Sandra M and Del Valle Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 22, 2010
Sold by
Delvalle Amalia and Padilla Amalia
Bought by
Munguia Sandra and Devalle Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,720
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2002
Sold by
Vista Del Rio Llc
Bought by
Padilla Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,963
Interest Rate
5.78%
Mortgage Type
FHA
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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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
Mani Mari R -- Pacific Coast Title
Mani Mari R $500,000 Pacific Coast Title Company
Munguia Sandra M -- Stewart Title Of California
Munguia Sandra M -- Stewart Title Of California
Munguia Sandra -- Servicelink
Padilla Amalia $220,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mani Mari R $350,000
Previous Owner Munguia Sandra M $25,000
Previous Owner Munguia Sandra M $25,000
Previous Owner Munguia Sandra $173,720
Previous Owner Padilla Amalia $186,963
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $500,000 0.0% $314 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/26/2018 07/26/18 Off Market $500,000 -- --
07/25/2018 07/25/18 For Sale $485,000 -3.0% $305 / Sq Ft
07/25/2018 07/25/18 Off Market $500,000 -- --
07/20/2018 07/20/18 For Sale $485,000 -- $305 / 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 $6,622 $557,754 $342,126 $215,628
2024 $6,622 $546,818 $335,418 $211,400
2023 $6,636 $536,097 $328,842 $207,255
2022 $6,398 $525,587 $322,395 $203,192
2021 $6,169 $515,282 $316,074 $199,208
2019 $5,921 $500,000 $306,700 $193,300
2018 $3,652 $280,023 $156,941 $123,082
2016 $3,483 $269,151 $150,848 $118,303
2015 $3,272 $265,109 $148,583 $116,526
2014 $3,232 $259,917 $145,673 $114,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18169994

California Regional Multiple Listing Service (CRMLS)

APN: 6357-040-041