NOT LISTED FOR SALE

7420 3rd St Downey, CA 90241

Estimated Value: $910,000 - $1,088,000

3 Beds
2 Baths
1,933 Sq Ft
$524/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $630,000 $326 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,042/month

10 Days on Market

Highlights

  • Detached Guest House
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Warren High School Rated A-
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of May 2019

Needs TLC! Diamond in the rough!Great home in desireable Orange Estate area! Bring your paint brush and make this home yours! Great floorplan! Living room plus fomal dining room. Large family room! Large spacious bedrooms including master suite with upgraded full bath! Newer vinyl windows.
Large guest house in rear with kitchen and 3/4 bath.
SOLD AS-IS!

Last Agent to Sell the Property

Marie Picarelli

24 Hour Real Estate License #00610605 Listed on: 03/16/2019

Last Buyer's Agent

Marie Picarelli

24 Hour Real Estate License #00610605 Listed on: 03/16/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,733

Year Built

  • Built in 1941

Lot Details

  • 7,733 Sq Ft Lot
  • Block Wall Fence
  • Back and Front Yard
  • Property is zoned DOR105

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Cape Cod Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,933 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Schools

  • Rio Hondo Elementary School
  • Griffiths Middle School
  • Warren High School

Additional Features

  • Detached Guest House
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11363
  • Assessor Parcel Number 6249024020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,733

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: DOR105
  • Architectural Style: Cape Cod
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249024020
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1933.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 325.92
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters, Master Suite
  • Window Features: Bay Window(s)
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Other Structures: Guest House, Guest House Detached
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Downey Unified
  • Elementary School: Rio Hondo
  • Middle School: Griffiths
  • High School: Warren
  • Elementary School: Rio Hondo
  • High School: Warren
  • Middle Or Junior School: Griffiths
  • Elementary School #2: RIOHON
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7733.00
  • Lot Size Acres: 0.1775

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7733.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.00
  • Tax Lot: 1
  • Tax Tract Number: 11363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
Apr 24, 2019
Sold by
Ochoa Julio Cesar Perez
Bought by
Perez Alejandra Espinoza
Seller's Agent
Marie Picarelli
24 Hour Real Estate
Buyer's Agent
Marie Picarelli
24 Hour Real Estate
List Price
$659,000
Sold Price
$630,000
Premium/Discount to List
-$29,000
-4.4%
Current Estimated Value
$1,013,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,113
Avg. Annual Appreciation
7.59%
Original Mortgage
$540,000
Outstanding Balance
$474,756
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$538,357

Purchase Details

Listed on
Mar 16, 2019
Closed on
Mar 28, 2019
Sold by
The Gesner Family Trust
Bought by
Perez Alejandra Espinoza
Seller's Agent
Marie Picarelli
24 Hour Real Estate
Buyer's Agent
Marie Picarelli
24 Hour Real Estate
List Price
$659,000
Sold Price
$630,000
Premium/Discount to List
-$29,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$474,756
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$538,357

Purchase Details

Closed on
Nov 8, 2004
Sold by
Gesner Roger L
Bought by
Gesner Roger L and Gesner Lynn T

Purchase Details

Closed on
Feb 3, 2004
Sold by
Debuhr Reginald B
Bought by
Gesner Roger L and Gesner Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2001
Sold by
Ferraro Kenneth Nat
Bought by
Debuhr Reginald B and Debuhr Danielle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.63%

Purchase Details

Closed on
Apr 19, 2001
Sold by
Stromberg Marilyn
Bought by
Ferraro Kenneth Nat and Ferraro Betty Neill

Purchase Details

Closed on
Feb 19, 1999
Sold by
Mcginnis Martha S
Bought by
Mcginnis Martha S and The Martha S Mcginnis Trust Agreement
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
Perez Alejandra Espinoza -- California Members Title Co
Perez Alejandra Espinoza $630,000 California Members Title Co
Gesner Roger L -- None Available
Gesner Roger L $455,000 Commonwealth Land Title Co
Debuhr Reginald B $210,000 North American Title Co
Ferraro Kenneth Nat $210,000 North American Title Co
Mcginnis Martha S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Alejandra Espinoza $540,000
Previous Owner Gesner Roger L $333,700
Previous Owner Debuhr Reginald B $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $630,000 -4.4% $326 / Sq Ft
03/16/2019 03/16/19 For Sale $659,000 -- $341 / 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 $8,733 $702,770 $562,218 $140,552
2024 $8,733 $688,992 $551,195 $137,797
2023 $8,434 $675,484 $540,388 $135,096
2022 $8,009 $662,241 $529,793 $132,448
2021 $7,840 $649,256 $519,405 $129,851
2019 $8,100 $663,384 $450,042 $213,342
2018 $7,858 $650,377 $441,218 $209,159
2016 $7,628 $625,124 $424,086 $201,038
2015 $7,057 $576,000 $390,800 $185,200
2014 $5,875 $495,000 $384,000 $111,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19055798

California Regional Multiple Listing Service (CRMLS)

APN: 6249-024-020