NOT LISTED FOR SALE

7229 Pellet St Downey, CA 90241

Estimated Value: $1,975,414 - $2,479,000

5 Beds
7 Baths
5,292 Sq Ft
$406/Sq Ft Est. Value

Last Sold June 25, 2018

Last sale price $1,250,000 $236 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $12,638/month

281 Days on Market

Highlights

  • Cabana
  • Fireplace in Primary Bedroom
  • Spanish Architecture
  • Updated Kitchen
  • Cathedral Ceiling
  • No HOA

About This Home

As of June 2018

JUST REDUCED BY 50K! Beautifully Remodeled 2 Story Home Just 2 Blocks From Golf Course! This 5 Bedroom, Each With En Suite Bath, And A Total Of 7 Bathrooms Has Been Elegantly Redone From Top To Bottom. Large Foyer Opens Up To A Spacious Living Room With Beautiful Tile Flooring, Wrought Iron Staircase, And Tall Ceilings. All Bathrooms Have Been Re-tiled And New Vanities Have Been Installed. Family Room, With Tray Ceiling, Opens Up To A Large Gourmet Kitchen With 2 Separate Islands, Breakfast Area, Walk In Pantry, Brand New Stainless Steel Appliances, Quartz Countertops, And Beverage Center. Grand, Master Suite With Retreat Also Has Dual Sided Fireplace That Opens Up To Bathroom With Free Standing Spa Tub, And Separate Shower With Large Walk In Closet With Built Ins. 1 Bedroom Suite Downstairs With Walk In Closet And Private Bathroom. Office With Built In Cabinets, Upstairs Laundry Room, Crown Molding Throughout, 2 AC Units, Central Vacuum, Intercom/Built in Radio Connected To All Rooms, 4 Car Tandem Garage. Entertainers Backyard With Beautiful, Custom, Salt Water Pool With Waterfalls And Jacuzzi, Fountain, Outdoor Kitchen/Sports Bar, And Bathroom. This Home Is Perfect For A Very Large Family Who Loves To Entertain. Great Home For The Summer. Must See!!

Last Agent to Sell the Property

Frank Montes

Jose Cordova, BROKER License #01473381 Listed on: 08/17/2017

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 8,483 Sq Ft Lot
  • Block Wall Fence
  • Sprinkler System
  • Property is zoned DOR1&HFB*

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Turnkey
  • Interior Block Wall
  • Spanish Tile Roof
  • Copper Plumbing

Interior Spaces

  • 5,292 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Window Screens
  • Property Views

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Double Oven
  • Kitchen Island
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Pool

  • Cabana
  • Pebble Pool Finish
  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 1050
  • Assessor Parcel Number 6229012010

Home Details

Home Type

Single Family

Year Built

Built in 2008 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: DOR1&HFB*
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6229012010
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5292.00 Square Feet
  • Interior Amenities: Balcony, Block Walls, Cathedral Ceiling(s), Copper Plumbing Full, Crown Molding, High Ceilings, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 5
  • Fireplace Features: Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 236.21
  • Room Type: Walk-In Pantry
  • Spa Features: In Ground
  • Window Features: Screens
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Cabana
  • Pool Features: Private, In Ground, Waterfall, Salt Water, Pebble
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Disposal, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 8483.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5508.00
  • Tax Lot: 56
  • Tax Tract Number: 1050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Jun 19, 2018
Sold by
Rosa Maria Rivera Llc
Bought by
Nat Gerard and Nat Barbara S
Seller's Agent
Frank Montes
Jose Cordova, BROKER
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Current Estimated Value
$2,146,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,854
Avg. Annual Appreciation
7.39%
Original Mortgage
$600,000
Outstanding Balance
$517,805
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,629,049

Purchase Details

Listed on
Jul 28, 2016
Closed on
Oct 24, 2016
Sold by
Mojica Rene
Bought by
Rosa Maria Rivera Llc
Seller's Agent
Marlene Rodriguez
M. R. & Associates
Buyer's Agent
Frank Montes
Jose Cordova, BROKER
List Price
$1,049,000
Sold Price
$900,000
Premium/Discount to List
-$149,000
-14.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.79%
Original Mortgage
$840,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2009
Sold by
Murguia Jose G and Murguia Esther
Bought by
Mojica Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Dufek John V and Dufek Lula M
Bought by
Murguia Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2001
Sold by
Dufek John V and Dufek Lula M
Bought by
Dufek John
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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Purchase History

Date Buyer Sale Price Title Company
Nat Gerard $1,250,000 Pacific Coast Title Company
Rosa Maria Rivera Llc $900,000 Pacific Coast Title Company
Mojica Rene -- Orange Coast Title Company
Mojica Rene -- Orange Coast Title Company
Murguia Jose G $450,000 United Title Company
Dufek John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nat Gerard $600,000
Previous Owner Rosa Maria Rivera Llc $840,000
Previous Owner Mojica Rene $618,750
Previous Owner Murguia Jose G $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2018 06/25/18 Sold $1,250,000 -10.7% $236 / Sq Ft
05/25/2018 05/25/18 Pending -- -- --
12/18/2017 12/18/17 Price Changed $1,399,000 -2.2% $264 / Sq Ft
09/21/2017 09/21/17 Price Changed $1,430,000 -3.4% $270 / Sq Ft
08/18/2017 08/18/17 Price Changed $1,480,000 +2.1% $280 / Sq Ft
08/17/2017 08/17/17 For Sale $1,450,000 +61.1% $274 / Sq Ft
11/18/2016 11/18/16 Sold $900,000 -24.3% $170 / Sq Ft View Prior Sale
11/08/2016 11/08/16 Pending -- -- --
11/05/2016 11/05/16 Price Changed $1,189,000 +35.3% $225 / Sq Ft
11/04/2016 11/04/16 Price Changed $878,999 0.0% $166 / Sq Ft
10/17/2016 10/17/16 Price Changed $879,000 -1.2% $166 / Sq Ft
10/06/2016 10/06/16 Price Changed $890,000 -1.0% $168 / Sq Ft
10/05/2016 10/05/16 Price Changed $899,000 -7.8% $170 / Sq Ft
08/24/2016 08/24/16 Price Changed $975,000 -2.0% $184 / Sq Ft
08/09/2016 08/09/16 Price Changed $995,000 -5.1% $188 / Sq Ft
07/28/2016 07/28/16 For Sale $1,049,000 -- $198 / 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 $17,876 $1,422,282 $853,369 $568,913
2024 $17,542 $1,394,395 $836,637 $557,758
2023 $16,939 $1,367,055 $820,233 $546,822
2022 $16,080 $1,340,250 $804,150 $536,100
2021 $15,754 $1,313,972 $788,383 $525,589
2020 $15,510 $1,300,500 $780,300 $520,200
2019 $15,349 $1,275,000 $765,000 $510,000
2018 $15,817 $1,326,000 $795,600 $530,400
2016 $16,854 $1,404,490 $789,757 $614,733
2015 $16,621 $1,383,395 $777,895 $605,500
2014 $15,643 $1,356,298 $762,658 $593,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17191426

California Regional Multiple Listing Service (CRMLS)

APN: 6229-012-010