NOT LISTED FOR SALE

7429 3rd St Downey, CA 90241

Estimated Value: $1,049,294 - $1,179,000

3 Beds
2 Baths
1,944 Sq Ft
$574/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $970,000 $499 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,867/month

62 Days on Market

Highlights

  • Maid or Guest Quarters
  • Private Yard
  • Neighborhood Views
  • Warren High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of August 2023

Wonderful, well-kept home located in one of the most desirable Downey neighborhoods, the Orange Estates. Great opportunity to own a a home PLUS a separate guest house!Front house is 2 bedroms and a den or convert the den to a 3rd bedroom! Guest house is recently remodeled and has one bedroom
and another separate bath. Dont hesitate to see the possibilities!

Last Agent to Sell the Property

Christina Davilas

24 Hour Real Estate License #01062471 Listed on: 05/08/2023

Last Buyer's Agent

Heather Penko

SimpliHOM License #01736316

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,230

Year Built

  • Built in 1941

Lot Details

  • 7,488 Sq Ft Lot
  • Private Yard
  • Lawn
  • Property is zoned DOR105

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Floor Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 12123
  • Assessor Parcel Number 6249023005
  • $561 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,230

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249023005
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1944.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 498.97
  • Room Type: Guest/Maid's Quarters
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7488.00
  • Lot Size Acres: 0.1719

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7488.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5508.01
  • Tax Lot: 5
  • Tax Tract Number: 12123
  • TaxOtherAnnualAssessmentAmount: 561.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jul 11, 2023
Sold by
Rosa Y Hernandez Revocable Trust
Bought by
Pinela Marcos and Pinela Liliana
Seller's Agent
Christina Davilas
24 Hour Real Estate
Buyer's Agent
Heather Penko
SimpliHOM
List Price
$1,100,000
Sold Price
$970,000
Premium/Discount to List
-$130,000
-11.82%
Views
267
Current Estimated Value
$1,115,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,074
Avg. Annual Appreciation
6.60%
Original Mortgage
$921,500
Outstanding Balance
$900,202
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$214,872

Purchase Details

Closed on
Nov 1, 2005
Sold by
Hernandez Rosa Y
Bought by
Hernandez Rosa Y and The Rosa Y Hernandez Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 26, 2005
Sold by
Hernandez Rosa Y
Bought by
Hernandez Rosa Y and Rosa Y Hernandez Revocable Trust

Purchase Details

Closed on
Mar 23, 1999
Sold by
Hernandez Rosa
Bought by
Hernandez Rosa Y and Hernandez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.73%
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
Pinela Marcos $970,000 Monarch Title
Hernandez Rosa Y -- --
Hernandez Rosa Y -- --
Hernandez Rosa Y -- --
Hernandez Rosa Y -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinela Marcos $921,500
Previous Owner Hernandez Rosa Y $585,000
Previous Owner Hernandez Rosa Y $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $970,000 -2.9% $499 / Sq Ft
06/10/2023 06/10/23 Price Changed $999,000 -9.2% $514 / Sq Ft
05/19/2023 05/19/23 Price Changed $1,100,000 -4.3% $566 / Sq Ft
05/08/2023 05/08/23 Price Changed $1,149,000 +4.5% $591 / Sq Ft
05/08/2023 05/08/23 For Sale $1,100,000 -- $566 / 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 $12,230 $989,400 $706,962 $282,438
2024 $12,230 $970,000 $693,100 $276,900
2023 $6,044 $461,494 $278,247 $183,247
2022 $5,710 $452,446 $272,792 $179,654
2021 $5,582 $443,576 $267,444 $176,132
2019 $5,441 $430,420 $259,512 $170,908
2018 $5,233 $421,981 $254,424 $167,557
2017 $5,144 $413,708 $249,436 $164,272
2016 $5,069 $405,597 $244,546 $161,051
2015 $4,998 $399,505 $240,873 $158,632
2014 $4,720 $391,680 $236,155 $155,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23068439

California Regional Multiple Listing Service (CRMLS)

APN: 6249-023-005