NOT LISTED FOR SALE

7302 Hannon St Downey, CA 90240

Estimated Value: $1,138,629 - $1,234,000

3 Beds
2 Baths
2,381 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $980,000 $412 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,343/month

13 Days on Market

Highlights

  • Heated Spa
  • City Lights View
  • Open Floorplan
  • Price Elementary School Rated A-
  • Updated Kitchen
  • 2-minute walk to Treasure Island Park

About This Home

As of April 2023

If what you desire is luxury and tranquility look no further!! Explore this beautiful upgraded home in North Downey "On The Island".Nestled in a peaceful neighborhood, this home is perfect for families with children who attend good schools in the area. The location is also conveniently situated near major freeways, making it easy to get around, and is only minutes away from shops, restaurants, and entertainment.

This upgraded home is designed with modern living in mind, featuring an open concept kitchen with beautiful quartz countertops.The spacious layout leads to formal living room and a large family room with a cozy fireplace, providing ample space for family and friends to gather.

The house also includes a separate room that can be used as a music room, office, or study room, providing endless possibilities.The attached garage provides a private entrance to the main house, and updated bathrooms and a convenient washer/dryer are located inside the house.

The property also features a private backyard, perfect for enjoying warm summer days or outdoor gatherings with friends and family.This beautiful upgraded home is waiting for you to make it yours, so don't miss out on this amazing opportunity to live in one of North Downey's most sought-after neighborhoods.

Last Agent to Sell the Property

ANDRES CRUZ

EXCELLENCE RE REAL ESTATE License #02172380 Listed on: 02/23/2023

Last Buyer's Agent

Yehia Zakaria

Century 21 Jervis & Associates License #01943432

Century 21 Jervis & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,567

Year Built

  • Built in 1953

Lot Details

  • 6,077 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Property is zoned DOR16000

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Turnkey
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 2,381 Sq Ft Home
  • Open Floorplan
  • Beamed Ceilings
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 166
  • Tax Tract Number 17803
  • Assessor Parcel Number 6366012008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Spa
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,567

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 562-310-4064
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Treasure Island
  • View: Yes
  • Zoning: DOR16000
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6366012008
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2381.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 411.59
  • Room Type: Bonus Room, Den, Kitchen, Master Bedroom
  • Spa Features: Private, Heated, In Ground
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Spa/Hot Tub, Dog Park
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Yard
  • Lot Size Sq Ft: 6077.00
  • Lot Size Acres: 0.1395

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6077.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 166
  • Tax Tract Number: 17803

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 14, 2023
Sold by
Lopez Cruz Eduardo
Bought by
Orantes Carlos Guillermo Ma and Armenta Brenda
Seller's Agent
ANDRES CRUZ
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Yehia Zakaria
Century 21 Jervis & Associates
List Price
$975,000
Sold Price
$980,000
Premium/Discount to List
$5,000
0.51%
Views
153
Current Estimated Value
$1,164,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,407
Avg. Annual Appreciation
7.42%
Original Mortgage
$784,000
Outstanding Balance
$762,633
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$401,774

Purchase Details

Listed on
Jun 7, 2020
Closed on
Sep 25, 2020
Sold by
Fullerton Lauryn
Bought by
Cruz Eduardo Lopez
Seller's Agent
Raul Vega
Bankers Investment Group Inc.
Buyer's Agent
Valeria Guerrero
RE/MAX New Dimension
List Price
$799,999
Sold Price
$793,000
Premium/Discount to List
-$6,999
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$778,636
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 28, 2018
Sold by
Fullerton Samuel
Bought by
Fullerton Lauryn
Seller's Agent
Carol Rayburn
C-21 Astro
Buyer's Agent
Raul Vega
Bankers Investment Group Inc.
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
Original Mortgage
$570,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 14, 2018
Sold by
Hess Ernest H and Hess Family Trust
Bought by
Fullerton Lauryn
Seller's Agent
Carol Rayburn
C-21 Astro
Buyer's Agent
Raul Vega
Bankers Investment Group Inc.
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2015
Sold by
Hess Ernest H and Hess Thelma N
Bought by
Hess Family Trust

Purchase Details

Closed on
Oct 23, 2013
Sold by
Hess Ernest H and Hess Thelma N
Bought by
Hess Ernest H and Hess Thelma N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
2.17%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Orantes Carlos Guillermo Ma $980,000 Wfg National Title
Cruz Eduardo Lopez $793,000 First American Title
Fullerton Lauryn -- Fidelity National Title Comp
Fullerton Lauryn $600,000 Fidelity National Title Comp
Hess Family Trust -- First American Title Company
Hess Ernest H -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orantes Carlos Guillermo Ma $784,000
Previous Owner Cruz Eduardo Lopez $778,636
Previous Owner Fullerton Lauryn $691,900
Previous Owner Fullerton Lauryn $570,000
Previous Owner Fullerton Lauryn $570,000
Previous Owner Hess Ernest H $907,500
Previous Owner Hess Ernest H $765,000
Previous Owner Hess Ernest H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $980,000 +0.5% $412 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $975,000 +23.0% $409 / Sq Ft
11/17/2020 11/17/20 Sold $793,000 -0.9% $333 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $799,999 +0.9% $336 / Sq Ft
08/13/2020 08/13/20 Off Market $793,000 -- --
08/08/2020 08/08/20 Price Changed $799,999 -1.8% $336 / Sq Ft
07/16/2020 07/16/20 Price Changed $814,999 -1.2% $342 / Sq Ft
06/07/2020 06/07/20 For Sale $824,999 +37.5% $346 / Sq Ft
03/31/2018 03/31/18 Sold $600,000 0.0% $252 / Sq Ft
01/25/2018 01/25/18 For Sale $599,900 -- $252 / 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 $12,567 $1,019,591 $671,162 $348,429
2024 $12,567 $999,600 $658,002 $341,598
2023 $10,309 $825,037 $582,936 $242,101
2022 $9,789 $808,860 $571,506 $237,354
2021 $9,587 $793,000 $560,300 $232,700
2020 $7,618 $624,239 $474,942 $149,297
2019 $7,538 $612,000 $465,630 $146,370
2018 $1,613 $112,298 $35,527 $76,771
2016 $1,532 $107,940 $34,149 $73,791
2015 $1,509 $106,320 $33,637 $72,683
2014 $1,443 $104,239 $32,979 $71,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23029263

California Regional Multiple Listing Service (CRMLS)

APN: 6366-012-008