NOT LISTED FOR SALE

7253 Pellet St Downey, CA 90241

Estimated Value: $1,326,000 - $1,507,000

8 Beds
4 Baths
4,253 Sq Ft
$330/Sq Ft Est. Value

Last Sold October 24, 2012

Last sale price $480,000 $113 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $8,099/month

246 Days on Market

About This Home

As of October 2012

SUBJECT IS A 2 BUILDING 2 UNIT PROPERTY LOCATED IN THE CITY OF DOWNEY, 5 MIN FROM MAJOR FREEWAY AND SHOPPING CENTER.

Last Agent to Sell the Property

Priscilla Mendoza

Century 21 Masters License #01763514 Listed on: 02/14/2012

Last Buyer's Agent

Priscilla Mendoza

Century 21 Masters License #01763514 Listed on: 02/14/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,879

Year Built

  • Built in 1948

Lot Details

  • 0.28

Parking

  • 2 Car Garage

Interior Spaces

  • 4,253 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 0.28 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 7028
  • Assessor Parcel Number 6229012004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,879

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 6229012004
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 112.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 12018.00
  • Lot Size Acres: 0.2760

Multi Family

  • Gross Scheduled Income: 2500.00
  • Lot Size Area: 12018.0000 Square Feet
  • Net Operating Income: 1000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 7028
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Rajabali Amirali Mohomed Hussain and Rajabali Amirali
Bought by
Rajabali Fouzia
Current Estimated Value
$1,403,109

Purchase Details

Closed on
Jun 27, 2014
Sold by
Rajabali Fouzia
Bought by
Rajabali Fouzia and Rajabali Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2013
Sold by
Rajabali Amirali and Rajabali Fouzia
Bought by
Rajabali Fouzia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2013
Sold by
Rajabali Amirali and Rajabali Fouzia
Bought by
Rajabali Amirali and Rajabali Fouzia

Purchase Details

Closed on
Apr 26, 2012
Sold by
Lahlou Zineb
Bought by
Rajabali Amirali and Rajabali Fouzia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Lahlou Zineb and The Zineb Lahlou 2006 Family T
Bought by
Lahlou Zineb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2006
Sold by
Lahlou Zineb
Bought by
Lahlou Zineb and Zineb Lahlou 2006 Family Trust

Purchase Details

Closed on
Mar 2, 2001
Sold by
Lahlou Zineb
Bought by
Lahlou Zineb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.5%

Purchase Details

Closed on
May 2, 1995
Sold by
Emc Mtg Corp
Bought by
Lahlou Zineb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
7.88%

Purchase Details

Closed on
Oct 6, 1994
Sold by
Rajabali Amirali and Rajabali Fouzia
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rajabali Fouzia -- None Available
Rajabali Fouzia -- Orange Coast Title Company
Rajabali Fouzia -- None Available
Rajabali Amirali -- None Available
Rajabali Amirali $480,000 First American Title Company
Lahlou Zineb -- Security Union Title Ins
Lahlou Zineb -- None Available
Lahlou Zineb -- Fidelity Title
Lahlou Zineb $245,000 Continental Land Title
Emc Mtg Corp $229,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rajabali Fouzia $510,000
Previous Owner Rajabali Fouzia $100,000
Previous Owner Rajabali Amirali $384,000
Previous Owner Lahlou Zineb $975,000
Previous Owner Lahlou Zineb $275,000
Previous Owner Lahlou Zineb $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2012 10/24/12 Sold $480,000 +15.7% $113 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
02/14/2012 02/14/12 For Sale $415,000 -- $98 / 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 $8,879 $673,230 $371,784 $301,446
2024 $8,879 $660,031 $364,495 $295,536
2023 $8,590 $647,091 $357,349 $289,742
2022 $8,177 $634,404 $350,343 $284,061
2021 $7,973 $621,966 $343,474 $278,492
2020 $7,855 $615,590 $339,953 $275,637
2019 $7,776 $603,521 $333,288 $270,233
2018 $7,399 $591,688 $326,753 $264,935
2016 $7,150 $568,715 $314,066 $254,649
2015 $7,051 $560,173 $309,349 $250,824
2014 $6,665 $549,201 $303,290 $245,911
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Priscilla Mendoza

    Century 21 Masters

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12047158

California Regional Multiple Listing Service (CRMLS)

APN: 6229-012-004

California Los Angeles County Downey 90241

7253 Pellet St, Downey, CA

This home is located at 7253 Pellet St, Downey, CA 90241 since 14 February 2012 and is currently estimated at $1,403,109, approximately $329 per square foot. This property was built in 1948. 7253 Pellet St is a home located in Los Angeles County with nearby schools including Rio Hondo Elementary School, Griffiths Middle School, and Warren High School.

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California Regional Multiple Listing Service (CRMLS) 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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