NOT LISTED FOR SALE

7429 Via Rio Nido Downey, CA 90241

Estimated Value: $978,000 - $1,153,000

3 Beds
2 Baths
1,582 Sq Ft
$666/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $965,000 $610 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,660/month

4 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Neighborhood Views
  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage

About This Home

As of March 2024

Located on one of Downey's finest cul de sac streets, find this charming 3 bedroom 1.75 bath home. Large living room with fireplace and dining room. A cozy den has a used brick fireplace with bookshelves. Den is open to kitchen with breakfast bar. Individual laundry room. Main bedroom as direct access to the 3/4 bath. Newer paint and beautifully refinished hardwood floor in the living room and bedrooms.
Large rear yard has landscaped planters, plenty of grass plus a pool! Great location near golfcourse and Furman park.
Bring your imagination to make this house your home!

Last Agent to Sell the Property

Marie Picarelli

24 Hour Real Estate Brokerage Phone: 562-618-0033 License #00610605 Listed on: 02/15/2024

Co-Listed By

Cristina Picarelli

Keller Williams Pacific Estate Brokerage Phone: 562-618-0033 License #01765423

Last Buyer's Agent

Elvira Meraz

Master Key Real Estate License #02113055

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 7,922 Sq Ft Lot
  • Front Yard Sprinklers
  • Property is zoned DOR17500*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,582 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub

Outdoor Features

  • In Ground Pool
  • Wood Patio

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 17580
  • Assessor Parcel Number 6249010035
  • $568 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

7,922 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: DOR17500*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249010035
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1582.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 609.99
  • Room Type: All Bedrooms Down, Family Room
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Disposal, Gas Cooktop
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • 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: Lot 6500-9999, Sprinklers In Front
  • Lot Size Sq Ft: 7922.00
  • Lot Size Acres: 0.1819

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7922.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.01
  • Tax Lot: 107
  • Tax Tract Number: 17580
  • TaxOtherAnnualAssessmentAmount: 568.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Feb 21, 2024
Sold by
Motley Sherill J and Motley Jack D
Bought by
Motley Mark and Ibarra Vanessa Olivia
Seller's Agent
Marie Picarelli
24 Hour Real Estate
Buyer's Agent
Elvira Meraz
Master Key Real Estate
List Price
$875,000
Sold Price
$965,000
Premium/Discount to List
$90,000
10.29%
Views
75
Current Estimated Value
$1,053,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,354
Avg. Annual Appreciation
4.52%
Original Mortgage
$947,521
Outstanding Balance
$939,547
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$113,807

Purchase Details

Closed on
Aug 26, 2004
Sold by
Motley Sherrill J
Bought by
Motley Jack D and Motley Sherill J

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
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2003
Sold by
Motley Jack D
Bought by
Motley Sherill J

Purchase Details

Closed on
Sep 18, 1999
Sold by
Motley Jack D
Bought by
Motley Jack D and Motley Sherill J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Motley Mark $965,000 Monarch Title
Motley Jack D -- Monarch Title
Motley Jack D -- Southland Title Corporation
Motley Sherill J $81,000 --
Motley Jack D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motley Mark $947,521
Previous Owner Motley Jack D $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $965,000 +10.3% $610 / Sq Ft
02/20/2024 02/20/24 For Sale $875,000 -9.3% $553 / Sq Ft
02/19/2024 02/19/24 Off Market $965,000 -- --
02/15/2024 02/15/24 For Sale $875,000 -- $553 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,144 $984,300 $780,300 $204,000
2024 $2,144 $137,399 $57,955 $79,444
2023 $2,082 $134,706 $56,819 $77,887
2022 $1,991 $132,065 $55,705 $76,360
2021 $1,928 $129,476 $54,613 $74,863
2019 $1,882 $125,639 $52,995 $72,644
2018 $1,700 $123,176 $51,956 $71,220
2017 $1,669 $120,762 $50,938 $69,824
2016 $1,628 $118,395 $49,940 $68,455
2015 $1,603 $116,617 $49,190 $67,427
2014 $1,531 $114,334 $48,227 $66,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24016403

California Regional Multiple Listing Service (CRMLS)

APN: 6249-010-035

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