NOT LISTED FOR SALE

7220 Finevale Dr Downey, CA 90240

Estimated Value: $949,891 - $1,102,000

3 Beds
2.5 Baths
1,602 Sq Ft
$645/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $715,000 $446 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,202/month

16 Days on Market

Highlights

  • No HOA
  • Park
  • Central Heating and Cooling System
  • 2 Car Attached Garage
  • Laundry Room
  • 5-minute walk to Treasure Island Park

About This Home

As of May 2020

Recently upgraded, beautiful home "On The Island" in North Downey.
Located in a very quite cul-de-sac close to good schools, major freeways, only minutes away from DTLA and the newly renovated Treasure Island Park. This upgraded home offers an updated open concept kitchen with brand new appliances, quartz counter tops and an open space leading to a large family room with a cozy fireplace. Attached garage with a private entrance to the main house, updated bathrooms and washer/dryer located conveniently inside the house. This home also offers a very private back yard with a hedge and many fruit tress. Come make this beautiful home yours.

Last Agent to Sell the Property

Raul Vega

Bankers Investment Group Inc. License #01870029 Listed on: 02/13/2020

Last Buyer's Agent

Mike Antoun

West Shores Realty, Inc. License #02078333

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 6,001 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR106

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 17803
  • Assessor Parcel Number 6366005011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: DOR106
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6366005011
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1602.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 446.32
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6001.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5507.00
  • Tax Lot: 37
  • Tax Tract Number: 17803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Apr 1, 2020
Sold by
Ortiz Guillermo Adolfo Lopez
Bought by
Gindi Emad Samy and Gindi Marian
Seller's Agent
Raul Vega
Bankers Investment Group Inc.
Buyer's Agent
Mike Antoun
West Shores Realty, Inc.
List Price
$699,999
Sold Price
$715,000
Premium/Discount to List
$15,001
2.14%
Current Estimated Value
$1,033,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,223
Avg. Annual Appreciation
6.70%
Original Mortgage
$632,700
Outstanding Balance
$550,574
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$482,649

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 11, 2020
Sold by
Barry Matilde R
Bought by
Ortiz Guillermo Adolfo Lopez
Seller's Agent
Raul Vega
Bankers Investment Group Inc.
Buyer's Agent
Mike Antoun
West Shores Realty, Inc.
List Price
$699,999
Sold Price
$715,000
Premium/Discount to List
$15,001
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,700
Outstanding Balance
$550,574
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$482,649

Purchase Details

Closed on
Jun 11, 2018
Sold by
Ortiz Guillermo
Bought by
Barry Matilde R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2017
Sold by
Ortiz Lorena
Bought by
Ortiz Guillermo and Ortiz Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,423
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2013
Sold by
Nieto Alonso
Bought by
Ortiz Lorena

Purchase Details

Listed on
Sep 7, 2013
Closed on
Aug 30, 2013
Sold by
Esguerra Angie A
Bought by
Nieto Alsonso
Seller's Agent
Lynn O'Donnell
Vista Sotheby’s International Realty
Buyer's Agent
Raul Vega
Bankers Investment Group Inc.
List Price
$389,000
Sold Price
$415,000
Premium/Discount to List
$26,000
6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$332,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2013
Closed on
Jul 26, 2013
Sold by
Nieto Mayra
Bought by
Nieto Alonso
Seller's Agent
Lynn O'Donnell
Vista Sotheby’s International Realty
Buyer's Agent
Raul Vega
Bankers Investment Group Inc.
List Price
$389,000
Sold Price
$415,000
Premium/Discount to List
$26,000
6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1998
Sold by
Esguerra Del S
Bought by
Esguerra Del S and Esguerra Angie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gindi Emad Samy $715,000 First American Title
Ortiz Guillermo Adolfo Lopez -- First American Title
Ortiz Guillermo Adolfo Lopez -- First American Title
Barry Matilde R -- Old Republic Title Company
Ortiz Guillermo -- First American Title Co
Ortiz Lorena -- Accommodation
Nieto Alsonso $415,000 North American Title Company
Nieto Alonso -- North American Title Company
Esguerra Del S -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gindi Emad Samy $632,700
Previous Owner Barry Matilde R $368,000
Previous Owner Ortiz Guillermo $442,423
Previous Owner Nieto Alonso $332,000
Previous Owner Esguerra Del S $174,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Sold $715,000 +2.1% $446 / Sq Ft
04/04/2020 04/04/20 For Sale $699,999 0.0% $437 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $699,999 +68.7% $437 / Sq Ft
09/13/2013 09/13/13 Sold $415,000 +6.7% $259 / Sq Ft View Prior Sale
09/07/2013 09/07/13 For Sale $389,000 -6.3% $243 / Sq Ft
09/05/2013 09/05/13 Off Market $415,000 -- --
09/05/2013 09/05/13 For Sale $389,000 -6.3% $243 / Sq Ft
08/21/2013 08/21/13 Off Market $415,000 -- --
06/27/2013 06/27/13 For Sale $389,000 -- $243 / 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 $9,650 $781,952 $569,131 $212,821
2024 $9,650 $766,621 $557,972 $208,649
2023 $9,318 $751,590 $547,032 $204,558
2022 $8,847 $736,854 $536,306 $200,548
2021 $8,665 $722,407 $525,791 $196,616
2020 $7,216 $591,987 $414,079 $177,908
2019 $7,140 $580,380 $405,960 $174,420
2018 $5,495 $447,104 $334,521 $112,583
2016 $5,329 $429,744 $321,532 $108,212
2015 $5,254 $423,290 $316,703 $106,587
2014 $4,959 $415,000 $310,500 $104,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20032895

California Regional Multiple Listing Service (CRMLS)

APN: 6366-005-011