NOT LISTED FOR SALE

7225 Hannon St Downey, CA 90240

Estimated Value: $1,012,238 - $1,178,000

3 Beds
2 Baths
1,714 Sq Ft
$634/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $850,000 $496 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,805/month

18 Days on Market

Highlights

  • Updated Kitchen
  • Contemporary Architecture
  • Quartz Countertops
  • Price Elementary School Rated A-
  • Main Floor Bedroom
  • 2-minute walk to Treasure Island Park

About This Home

As of July 2021

Beautifully updated 3 bedroom, 2 bathroom home located in Downey, for sale! Sitting on a lush green lawn and a beautiful big tree in the front, this house has picture-perfect curb appeal. The interior offers an open and spacious living room covered with premium flooring, a fresh new paint scheme, a modern black-brick fireplace, and tons of natural light. The kitchen has been updated with new countertops, a classic new backsplash, light fixtures, SS appliances, tons of counter space, and new white shaker cabinets. All the bedrooms have been freshened up with new floors and a neutral paint scheme. The bathrooms have been updated with chic new vanities, hardware, and tile floors! The backyard is a great size for outdoor entertaining - it includes a covered patio for outdoor dining or simply relaxing, and a spacious grassy area for outdoor activities. This gem won't last - check it out today!

Last Agent to Sell the Property

Ben Ryan

eXp Realty of Greater Los Angeles License #01958491 Listed on: 05/28/2021

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Hema Shah

T.N.G Real Estate Consultants License #01949361

T.N.G Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,113

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,155 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR16000*

Parking

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

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,714 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Sunken Living Room
  • Family or Dining Combination
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Low Flow Toliet
  • Bathtub
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 82
  • Tax Tract Number 17803
  • Assessor Parcel Number 6366002006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,113

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 562-760-2910
  • Other Phone Number: 562-760-2910
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: DOR16000*
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6366002006
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1714.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Sunken Living Room
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 495.92
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s)
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Raised, Slab
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6155.00
  • Lot Size Acres: 0.1413

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6155.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5507.00
  • Tax Lot: 82
  • Tax Tract Number: 17803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jun 15, 2021
Sold by
Hl3 Luna Llc
Bought by
Ziegenbein James R
Seller's Agent
Ben Ryan
eXp Realty of Greater Los Angeles
Buyer's Agent
Hema Shah
T.N.G Real Estate Consultants
List Price
$829,900
Sold Price
$850,000
Premium/Discount to List
$20,100
2.42%
Current Estimated Value
$1,087,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,310
Avg. Annual Appreciation
5.35%
Original Mortgage
$764,000
Outstanding Balance
$694,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$361,014

Purchase Details

Closed on
Dec 11, 2020
Sold by
Bailey Fred H and Bailey Barbara L
Bought by
Hl3 Luna Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,169
Interest Rate
2.8%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Ziegenbein James R $850,000 Usa Ntc
Hl3 Luna Llc $603,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziegenbein James R $764,000
Previous Owner Hl3 Luna Llc $577,169
Previous Owner Bailey Fred H $69,380
Previous Owner Bailey Fred H $37,730
Previous Owner Bailey Fred H $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Sold $850,000 +2.4% $496 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $829,900 +3.8% $484 / Sq Ft
06/10/2021 06/10/21 Price Changed $799,900 -3.6% $467 / Sq Ft
05/28/2021 05/28/21 For Sale $829,900 -- $484 / 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 $11,113 $902,025 $627,491 $274,534
2024 $11,113 $884,339 $615,188 $269,151
2023 $10,729 $867,000 $603,126 $263,874
2022 $10,183 $850,000 $591,300 $258,700
2021 $7,347 $602,700 $482,200 $120,500
2020 $2,696 $203,473 $109,626 $93,847
2019 $2,667 $199,484 $107,477 $92,007
2018 $2,531 $195,573 $105,370 $90,203
2016 $2,435 $187,980 $101,279 $86,701
2015 $2,399 $185,157 $99,758 $85,399
2014 $2,277 $181,531 $97,804 $83,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21113264

California Regional Multiple Listing Service (CRMLS)

APN: 6366-002-006