NOT LISTED FOR SALE

7432 Cherokee Dr Downey, CA 90241

Estimated Value: $1,120,000 - $1,209,787

4 Beds
3 Baths
2,027 Sq Ft
$578/Sq Ft Est. Value

Last Sold July 19, 2019

Last sale price $755,000 $372 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,972/month

84 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • Neighborhood Views
  • Living Room
  • Central Heating and Cooling System

About This Home

As of July 2019

Welcome to this spectacular home located on a quiet Cul-De-Sec street. **This Single-story home has 4 bedrooms, 3 full bath .

Last Agent to Sell the Property

Michelle Jung

Realty One Group West License #01893876 Listed on: 04/18/2019

Realty One Group West

Last Buyer's Agent

Gonzalo Perez

GLP & Associates Inc License #00860749

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 8,234 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR171/2

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,027 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 139
  • Tax Tract Number 17580
  • Assessor Parcel Number 6249011027

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: DOR171/2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249011027
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2027.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 372.47
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Rio Hondo
  • High School: Warren
  • Middle Or Junior School: Griffith
  • Elementary School #2: RIOHON
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8234.00
  • Lot Size Acres: 0.1890

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8234.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.00
  • Tax Lot: 139
  • Tax Tract Number: 17580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Jul 16, 2019
Sold by
Yoo Kil Lim and Yoo Grace Song Wol
Bought by
Franco Maria D and Franco Francisco J
Seller's Agent
Michelle Jung
Realty One Group West
Buyer's Agent
Gonzalo Perez
GLP & Associates Inc
List Price
$770,000
Sold Price
$755,000
Premium/Discount to List
-$15,000
-1.95%
Current Estimated Value
$1,171,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,447
Avg. Annual Appreciation
7.03%
Original Mortgage
$604,000
Outstanding Balance
$529,158
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$642,289

Purchase Details

Closed on
Mar 1, 2017
Sold by
Kim Sunhee
Bought by
Yoo David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2016
Sold by
Yoo Kil Lim
Bought by
Yoo Kil Lim and Yoo Grace Song Wol
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
Franco Maria D $755,000 First American Title Company
Yoo David -- Provident Title Company
Yoo Kil Lim -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Maria D $604,000
Previous Owner Yoo David $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2019 07/19/19 Sold $755,000 -1.9% $372 / Sq Ft
06/30/2019 06/30/19 For Sale $770,000 +2.0% $380 / Sq Ft
05/10/2019 05/10/19 Off Market $755,000 -- --
04/18/2019 04/18/19 For Sale $770,000 -- $380 / 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 $10,241 $825,699 $574,928 $250,771
2024 $10,241 $809,509 $563,655 $245,854
2023 $9,890 $793,637 $552,603 $241,034
2022 $9,389 $778,076 $541,768 $236,308
2021 $9,196 $762,821 $531,146 $231,675
2019 $4,778 $301,413 $112,533 $188,880
2018 $3,707 $295,504 $110,327 $185,177
2016 $3,577 $284,032 $106,044 $177,988
2015 $3,526 $279,767 $104,452 $175,315
2014 $3,338 $274,287 $102,406 $171,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19090341

California Regional Multiple Listing Service (CRMLS)

APN: 6249-011-027