NOT LISTED FOR SALE

7320 Otto St Downey, CA 90240

Estimated Value: $877,069 - $975,000

3 Beds
1.5 Baths
1,256 Sq Ft
$724/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $605,000 $482 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,437/month

96 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Central Heating

About This Home

As of May 2020

This home is located at 7320 Otto St, Downey, CA 90240 since 29 November 2019 and is currently estimated at $909,267, approximately $723 per square foot. This property was built in 1953. 7320 Otto St is a home located in Los Angeles County with nearby schools including Price Elementary School, Griffiths Middle School, and Warren High School.

Last Agent to Sell the Property

Won Na Ng

Keller Williams Palos Verdes License #01237056 Listed on: 11/29/2019

Keller Williams Palos Verdes

Co-Listed By

Lee Williams

Real Brokerage Technologies, I License #01726182

Last Buyer's Agent

wendy espinoza

Pinnacle Estate Properties License #01478273

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,573 Sq Ft Lot
  • Private Yard
  • Property is zoned DOR175

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 17849
  • Assessor Parcel Number 6359026016

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR175
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6359026016
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1256.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 481.69
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7573.00
  • Lot Size Acres: 0.1739

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7573.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5507.00
  • Tax Lot: 81
  • Tax Tract Number: 17849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2019
Closed on
Apr 9, 2020
Sold by
Gutierrez Jesus
Bought by
Pacheco Gabriela A
Seller's Agent
Won Na Ng
Keller Williams Palos Verdes
Buyer's Agent
wendy espinoza
Pinnacle Estate Properties
List Price
$575,000
Sold Price
$605,000
Premium/Discount to List
$30,000
5.22%
Current Estimated Value
$909,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,267
Avg. Annual Appreciation
7.49%
Original Mortgage
$574,750
Outstanding Balance
$508,192
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$401,075

Purchase Details

Closed on
Feb 17, 2006
Sold by
Gutierrez Maria C
Bought by
Gutierrez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 1997
Sold by
Mcdowell Dorothy M Living Trust
Bought by
Gutierrez Jesus and Gutierrez Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.25%

Purchase Details

Closed on
Apr 13, 1995
Sold by
Mcdowell Dorothy M
Bought by
Mcdowell Dorothy M and The Dorothy M Mcdowell Living
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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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
Pacheco Gabriela A $605,000 Fidelity National Title
Gutierrez Jesus -- Fidelity National Title
Gutierrez Jesus $180,000 Fidelity National Title Co
Mcdowell Dorothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Gabriela A $574,750
Previous Owner Gutierrez Jesus $461,250
Previous Owner Gutierrez Jesus $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2020 05/13/20 Sold $605,000 +5.2% $482 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $575,000 0.0% $458 / Sq Ft
04/09/2020 04/09/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $575,000 -5.0% $458 / Sq Ft
02/14/2020 02/14/20 Off Market $605,000 -- --
02/11/2020 02/11/20 For Sale $575,000 -5.0% $458 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
02/10/2020 02/10/20 Off Market $605,000 -- --
01/16/2020 01/16/20 Price Changed $575,000 +4.5% $458 / Sq Ft
01/14/2020 01/14/20 For Sale $550,000 -9.1% $438 / Sq Ft
11/29/2019 11/29/19 Off Market $605,000 -- --
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 $8,246 $661,650 $529,322 $132,328
2024 $8,246 $648,678 $518,944 $129,734
2023 $7,963 $635,960 $508,769 $127,191
2022 $7,560 $623,492 $498,794 $124,698
2021 $7,404 $611,267 $489,014 $122,253
2020 $3,328 $262,782 $166,287 $96,495
2019 $3,292 $257,630 $163,027 $94,603
2018 $3,169 $252,580 $159,831 $92,749
2016 $3,064 $242,775 $153,626 $89,149
2015 $3,019 $239,129 $151,319 $87,810
2014 $2,860 $234,445 $148,355 $86,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19272449

California Regional Multiple Listing Service (CRMLS)

APN: 6359-026-016