S
Seller's Agent in 2020
Sandra Valencia
Excellence RE Real Estate
7234 Benares St Downey, CA 90241
Estimated Value: $973,000 - $1,269,000
5
Beds
2
Baths
1,668
Sq Ft
$666/Sq Ft
Est. Value
About This Home
As of October 2020BACK ON THE MARKET TODAY 8/17/2020 SELLERS READY TO SELL NOW LOCATION LOCATION!!! 2 UNITS located in a very nice neighborhood of Downey.
Property profile shows 4bed 2baths
Front units 3 bedrooms 1-1/2 baths 4 years tenants month to month, Back unit 2 bedrooms 1 bath has own 2 car garage, patio, yard 6 years tenants month to month lease very good tenants.
Pictures are from the back unit
PLEASE DO NOT GO DIRECT call me for appointment DO NOT TALK TO TENANTS please DO NOT WALK AROUND THE PROPERTY.
All information deemed reliable but not guaranteed.
Front unit pictures coming soon.
Last Agent to Sell the Property
Sandra Valencia
Excellence RE Real Estate License #01016409 Listed on: 04/17/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,879
Year Built
- Built in 1942
Lot Details
- 0.25 Acre Lot
- No Common Walls
- Front Yard Sprinklers
Parking
- 2 Car Garage
Home Design
- 1,668 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 16 / 1
- Tax Tract Number 11979
- Assessor Parcel Number 6231016005
Community Details
Overview
- Senior Community
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $680
- Trash Expense $600
- Water Sewer Expense $1,680
- New Taxes Expense $5,400
- Operating Expense $2,280
- Gross Income $43,860
- Net Operating Income $40,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 25, 2021
Sold by
Rangel and Evangelina
Bought by
2021 Luis & Evangelina Rangel Family Trust
Current Estimated Value
Purchase Details
Listed on
Apr 17, 2020
Closed on
Nov 12, 2020
Sold by
Corral Felix and Corral Felix
Bought by
Rangel Luis and Rangel Evangelina
Seller's Agent
Sandra Valencia
Excellence RE Real Estate
Buyer's Agent
Blanca Acosta
COLDWELL BANKER LEADERS
List Price
$799,000
Sold Price
$815,000
Premium/Discount to List
$16,000
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
5.83%
Original Mortgage
$592,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2018
Sold by
Corral Felix
Bought by
Corral Felix
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 24, 2015
Closed on
Sep 15, 2015
Sold by
Decorral Delores Herrera
Bought by
Corral Felix
Seller's Agent
Rafael Ortiz
ORTIZ HOMES
Buyer's Agent
Yehia Zakaria
Century 21 Jervis & Associates
List Price
$589,000
Sold Price
$605,000
Premium/Discount to List
$16,000
2.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$387,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 24, 2015
Closed on
Jul 31, 2015
Sold by
Wealth Abc Enterprise Llc
Bought by
Corral Felix
Seller's Agent
Rafael Ortiz
ORTIZ HOMES
Buyer's Agent
Yehia Zakaria
Century 21 Jervis & Associates
List Price
$589,000
Sold Price
$605,000
Premium/Discount to List
$16,000
2.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2014
Sold by
Brickman Virgil Ray
Bought by
Wealth Abc Enterprise Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,750
Interest Rate
4.2%
Mortgage Type
Balloon
Purchase Details
Closed on
Apr 23, 1998
Sold by
Brickman Virgil R
Bought by
Brickman Virgil Ray
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,040
Interest Rate
7.06%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2021 Luis & Evangelina Rangel Family Trust | -- | None Listed On Document | |
| Rangel Luis | $802,500 | Fidelity National Title Co | |
| Corral Felix | -- | Chicago Title Company | |
| Corral Felix | -- | Chicago Title Company | |
| Corral Felix | -- | Fidelity National Title Co | |
| Corral Felix | $605,000 | Fidelity National Title Co | |
| Wealth Abc Enterprise Llc | $455,000 | Pacific Coast Title | |
| Brickman Virgil Ray | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rangel Luis | $592,500 | |
| Previous Owner | Corral Felix | $50,000 | |
| Previous Owner | Corral Felix | $490,000 | |
| Previous Owner | Corral Felix | $65,000 | |
| Previous Owner | Corral Felix | $387,000 | |
| Previous Owner | Wealth Abc Enterprise Llc | $22,750 | |
| Previous Owner | Wealth Abc Enterprise Llc | $364,000 | |
| Previous Owner | Brickman Virgil Ray | $206,375 | |
| Previous Owner | Brickman Virgil Ray | $27,040 | |
| Previous Owner | Brickman Virgil Ray | $8,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2020 10/15/20 | Sold | $815,000 | 0.0% | $489 / Sq Ft |
| 08/17/2020 08/17/20 | Price Changed | $815,000 | +2.0% | $489 / Sq Ft |
| 08/17/2020 08/17/20 | For Sale | $799,000 | -2.0% | $479 / Sq Ft |
| 06/11/2020 06/11/20 | Off Market | $815,000 | -- | -- |
| 04/17/2020 04/17/20 | For Sale | $799,000 | +32.1% | $479 / Sq Ft |
| 09/18/2015 09/18/15 | Sold | $605,000 | +2.7% | $363 / Sq Ft |
| 07/29/2015 07/29/15 | Pending | -- | -- | -- |
| 07/24/2015 07/24/15 | For Sale | $589,000 | -- | $353 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,879 | $868,649 | $608,867 | $259,782 |
| 2024 | $10,879 | $851,618 | $596,929 | $254,689 |
| 2023 | $10,508 | $834,921 | $585,225 | $249,696 |
| 2022 | $9,981 | $818,550 | $573,750 | $244,800 |
| 2021 | $9,762 | $802,500 | $562,500 | $240,000 |
| 2020 | $8,032 | $654,870 | $324,729 | $330,141 |
| 2019 | $7,948 | $642,030 | $318,362 | $323,668 |
| 2018 | $7,681 | $629,442 | $312,120 | $317,322 |
| 2016 | $7,459 | $605,000 | $300,000 | $305,000 |
| 2015 | $5,711 | $455,000 | $200,000 | $255,000 |
| 2014 | $1,995 | $141,307 | $62,547 | $78,760 |
Source: Public Records
Agents Affiliated with this Home
-
-
Blanca Acosta
Buyer's Agent in 2020
Blanca Acosta
COLDWELL BANKER LEADERS
(626) 963-7621
2 in this area
46 Total Sales
-
Rafael Ortiz
R
Seller's Agent in 2015
Rafael Ortiz
ORTIZ HOMES
(626) 806-6625
32 Total Sales
-
Yehia Zakaria
Buyer's Agent in 2015
Yehia Zakaria
Century 21 Jervis & Associates
(562) 244-3897
10 in this area
35 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20075064
APN: 6231-016-005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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