NOT LISTED FOR SALE

7308 Stewart And Gray Rd Downey, CA 90241

Estimated Value: $1,010,372 - $1,186,000

4 Beds
3 Baths
2,186 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $790,000 $361 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,641/month

7 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Cooling System Powered By Gas
  • Williams Elementary School Rated 9+
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of October 2020

This beautifully remodeled, spacious home, in a wonderful neighborhood in the city of Downy is the perfect home and won't last!!! Opportunities like this rarely come along!! Property offers 4 bedrooms an 3 bathrooms. Open and Spacious family room with plenty of natural lighting. This gorgeous Home was fully remodeled from ground up in 2008. In 2017 the kitchen was fully remodeled and custom built. Pure marble floors throughout living room, family room and bedrooms. The Huge backyard is the perfect place for entertaining. Fully mature fruit trees around the entire back yard including figs, pomegranate, lemons, limes, sweet lemons, Oranges, blood orange, and apples. INVESTORS !! This home has city approvals and potential to build another home on the lot!!!!!

Last Agent to Sell the Property

MARLENE RABADI

BRIDGE REALTY License #02025839 Listed on: 09/22/2020

BRIDGE REALTY

Co-Listed By

Dan Rabadi

BRIDGE REALTY License #01836800

Last Buyer's Agent

Alex Veloz

Assurant Properties License #01713165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,430

Year Built

  • Built in 1941

Lot Details

  • 10,805 Sq Ft Lot
  • Property is zoned DOR15000*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Views of Woods

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 12408
  • Assessor Parcel Number 6232022011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,430

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: DOR15000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6232022011
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2186.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 361.39
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas
  • 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
  • Lot Size Sq Ft: 10805.00
  • Lot Size Acres: 0.2480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10805.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5514.01
  • Tax Lot: 11
  • Tax Tract Number: 12408

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 13, 2020
Sold by
Jawad Muna and Jawad Nuha
Bought by
Rangel Sergio and Rangel Norma Dalila
Seller's Agent
MARLENE RABADI
BRIDGE REALTY
Buyer's Agent
Alex Veloz
Assurant Properties
List Price
$779,000
Sold Price
$790,000
Premium/Discount to List
$11,000
1.41%
Current Estimated Value
$1,102,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,843
Avg. Annual Appreciation
6.91%
Original Mortgage
$705,127
Outstanding Balance
$627,173
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$475,670

Purchase Details

Closed on
Mar 20, 2012
Sold by
Jawad Muna
Bought by
Jawad Muna and Jawad Nuha

Purchase Details

Closed on
Nov 22, 1994
Sold by
Crafton Robert S and Vancrafton Charles Van
Bought by
Jawad Kadhim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
8.92%
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
Rangel Sergio $770,000 First American Title
Jawad Muna -- First American Title
Jawad Muna -- None Available
Jawad Kadhim $178,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Sergio $705,127
Previous Owner Jawad Kadhim $142,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $790,000 +1.4% $361 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $779,000 -- $356 / 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 $10,430 $833,470 $629,866 $203,604
2024 $10,430 $817,128 $617,516 $199,612
2023 $10,075 $801,107 $605,408 $195,699
2022 $9,568 $785,400 $593,538 $191,862
2021 $9,336 $770,000 $581,900 $188,100
2020 $5,138 $411,683 $185,981 $225,702
2019 $5,083 $403,612 $182,335 $221,277
2018 $4,879 $395,699 $178,760 $216,939
2016 $4,718 $380,335 $171,819 $208,516
2015 $4,651 $374,623 $169,239 $205,384
2014 $4,396 $367,285 $165,924 $201,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20198467

California Regional Multiple Listing Service (CRMLS)

APN: 6232-022-011