NOT LISTED FOR SALE

7405 4th Place Downey, CA 90241

Estimated Value: $990,000 - $1,087,000

3 Beds
2 Baths
1,886 Sq Ft
$557/Sq Ft Est. Value

Last Sold May 17, 2012

Last sale price $375,500 $199 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $6,016/month

71 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Warren High School Rated A-
  • Fireplace
  • Dining Room

About This Home

As of May 2012

APPROVED SHORT SALE $379K PROPERTY QUALIFIES FOR FIRST TIME HOME BUYER 1% DOWN. Great Home, fits good for starters/first time home buyers!Good conditions come and see it, you will love this on. Good For FHA,VA and Conventional buyers. Home located in a GREAT area of Downey ORANGE ESTATES. Home features 3 bedrooms PLUS BONUS Room that can be used as a bedroom, and 2 bath with a 2 Car Garage and a Swimming pool. Close to shopping centers, schools and transportation....excellent for first time home buyer close to shopping centers, schools and transportation. buyer to do own due diligence title shows 2 bed

Last Agent to Sell the Property

Fernando Murguia

Century 21 Allstars License #01869448 Listed on: 11/22/2011

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,130

Year Built

  • Built in 1947

Lot Details

  • 9,999 Sq Ft Lot
  • Lot Dimensions are 81x127

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,886 Sq Ft Home
  • Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 0.23
  • Tax Tract Number 12556
  • Assessor Parcel Number 6249020001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,130

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249020001
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1886.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 199.10

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 81x127
  • Lot Size Sq Ft: 9999.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9999.0000 Square Feet

Tax Info

  • Tax Lot: 0.23
  • Tax Tract Number: 12556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Moreno Nery and Moreno Nery M
Bought by
Moreno Nery
Current Estimated Value
$1,049,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,925
Outstanding Balance
$456,724
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$593,114

Purchase Details

Listed on
Nov 22, 2011
Closed on
Apr 11, 2012
Sold by
Ayala Myrna Y
Bought by
Moreno Nery M
Seller's Agent
Fernando Murguia
Century 21 Allstars
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$379,000
Sold Price
$375,500
Premium/Discount to List
-$3,500
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$365,980
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2007
Sold by
Ayala Enrique
Bought by
Ayala Myrna Y

Purchase Details

Closed on
Jul 11, 2007
Sold by
Ayala Enrique
Bought by
Ayala Enrique and Ayala Myrna Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Ayala Enrique
Bought by
Ayala Enrique and Ayala Myrna Y

Purchase Details

Closed on
Oct 8, 1998
Sold by
Doerr Margarate R
Bought by
Ayala Enrique and Ayala Mirna Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.78%
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
Moreno Nery -- First American Title
Moreno Nery -- First American Title
Moreno Nery M $375,500 Fidelity National Title Co
Ayala Myrna Y -- None Available
Ayala Enrique -- Lawyers Title
Ayala Enrique -- --
Ayala Enrique $244,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Nery $518,925
Closed Moreno Nery M $365,980
Previous Owner Ayala Enrique $568,000
Previous Owner Ayala Enrique $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2012 05/17/12 Sold $375,500 +1.8% $199 / Sq Ft
02/01/2012 02/01/12 Pending -- -- --
01/03/2012 01/03/12 Price Changed $369,000 -2.6% $196 / Sq Ft
11/22/2011 11/22/11 For Sale $379,000 -- $201 / 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 $6,130 $471,635 $314,509 $157,126
2024 $6,130 $462,389 $308,343 $154,046
2023 $5,927 $453,324 $302,298 $151,026
2022 $5,637 $444,436 $296,371 $148,065
2021 $5,510 $435,722 $290,560 $145,162
2019 $5,372 $422,800 $281,943 $140,857
2018 $5,156 $414,511 $276,415 $138,096
2016 $4,995 $398,418 $265,683 $132,735
2015 $4,926 $392,435 $261,693 $130,742
2014 $4,654 $384,748 $256,567 $128,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1107035

California Regional Multiple Listing Service (CRMLS)

APN: 6249-020-001