NOT LISTED FOR SALE

7256 Pellet St Downey, CA 90241

Estimated Value: $1,034,000 - $1,375,000

6 Beds
3 Baths
2,261 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $729,000 $322 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,444/month

28 Days on Market

About This Home

As of July 2016

LOCATION,LOCATION !!!HUGE LOT WITH LOTS OF POTENTIAL TO BILD MORE UNITS, IN THE CENTER OF DOWNEY, CLOSE TO THE GOLF COURSE,BEAUTIFUL PROPERTY CLOSE TO EVERYTHING--- 4BEDROOMS/2BATHS --- 2BEDROOMS/1-BATH...DRIVE BY SUBJECT TO INTERIOR INSPECTION ... GOOD RENTALS ....

Last Agent to Sell the Property

Angeles Garnica

Keller Williams SELA License #01383846 Listed on: 05/09/2016

Keller Williams SELA

Last Buyer's Agent

Angeles Garnica

Keller Williams SELA License #01383846 Listed on: 05/09/2016

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 3 Car Garage

Home Design

  • 2,261 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Shared Septic

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 7028
  • Assessor Parcel Number 6229018025

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Property is near a preserve or public land

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $54
  • Gross Income $3,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6229018025
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 322.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Preserve/Public Land

Lot Info

  • Land Lease: Yes
  • Lot Features: Back Yard, 0-1 Unit/Acre
  • Lot Size Sq Ft: 11977.00
  • Price Per Lot Square Foot: 58.36

Multi Family

  • Gross Income: 3050.00
  • Insurance Expense: 54.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 91
  • Tax Tract Number: 7028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2018
Sold by
Morales Leobardo and Morales Elma
Bought by
The Luespe Revocable Living Trust
Current Estimated Value
$1,189,590

Purchase Details

Closed on
Jul 24, 2013
Sold by
Morales Leobardo
Bought by
Morales Leobardo and Moralas Elba M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,774
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2011
Sold by
Morales Leobardo
Bought by
Morales Leobardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,200
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2007
Sold by
Morales Leobardo
Bought by
Morales Leobardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
The Luespe Revocable Living Trust -- Accommodation
Morales Leobardo -- Servicelink
Morales Leobardo -- Lsi
Morales Leobardo -- Service Link
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morales Leobardo $313,774
Closed Morales Leobardo $324,200
Closed Morales Leobardo $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $729,000 +4.3% $322 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $699,000 -- $309 / 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 $2,684 $160,996 $73,893 $87,103
2024 $2,644 $157,841 $72,445 $85,396
2023 $2,571 $154,747 $71,025 $83,722
2022 $2,464 $151,714 $69,633 $82,081
2021 $2,370 $148,740 $68,268 $80,472
2020 $2,339 $147,215 $67,568 $79,647
2019 $2,316 $144,330 $66,244 $78,086
2018 $2,112 $141,501 $64,946 $76,555
2016 $2,023 $136,008 $62,425 $73,583
2015 $1,995 $133,966 $61,488 $72,478
2014 $1,913 $131,343 $60,284 $71,059
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Angeles Garnica

    Keller Williams SELA

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16098409

California Regional Multiple Listing Service (CRMLS)

APN: 6229-018-025

California Los Angeles County Downey 90241

7256 Pellet St, Downey, CA

Not Listed for Sale

MultiFamily

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