NOT LISTED FOR SALE

7501 Sarabeth St Downey, CA 90242

Estimated Value: $1,278,000 - $1,497,000

3 Beds
3 Baths
3,202 Sq Ft
$429/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,075,000 $336 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,391/month

124 Days on Market

Highlights

  • Parking available for a boat
  • Heated In Ground Pool
  • Open Floorplan
  • Williams Elementary School Rated 9+
  • Custom Home
  • Deck

About This Home

As of March 2021

Beautifully maintained home in one of the nicest locations in Downey off of Yankey Street & Rives Avenue. This is a single story 3,202 sq.ft. custom built home with an oversized lot of 10989 sq.ft. The home has beautiful curb appeal and nestled among estate sized homes, and a neighborhood that you have to see in person. There is a separate second driveway entrance for RV parking, and an additional 3 car garage that leads directly into the beautifully maintained, spacious home. The floor plan is very open with a spacious open living room that has a stone fireplace that leads to a large, open back yard with a swimming pool and spa. The formal dining room is open and bright and the kitchen has granite counter tops and plenty of cabinet space. There is another den off the formal entrance. All rooms, living room, and den have brand new carpet and extra electrical outlets. There are 3 spacious bedrooms that have plenty of light, and many windows. There are 3 full bathrooms with marble countertops, one of which is a spacious master bath. This home was custom built by the same owner of 43 years, whom was a home contractor. Once you view this home, you will want to move right in. Old River Elementary, Stauffer Middle, & Warren High School are minutes away. These are all award winning schools in the Downey Unified School District. Easy access to freeways, shopping (Stonewood Mall, The Promenade, The Downey Landing) are all minutes away.

Last Agent to Sell the Property

Bart Lococo

LV Realty Corp License #01950913 Listed on: 10/02/2020

Last Buyer's Agent

Soledad Gutierrez

Real Estate Butterflies License #01262669

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Sprinkler System
  • Property is zoned DOR1500

Parking

  • 3 Car Direct Access Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Custom Home
  • Contemporary Architecture
  • Turnkey
  • Spanish Tile Roof

Interior Spaces

  • 3,202 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Neighborhood Views
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Old River Elementary School
  • Warren High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 551501
  • Assessor Parcel Number 6246020061

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: DOR1500
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6246020061
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3202.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Granite Counters, Open Floorplan, Wet Bar
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 335.73
  • Room Type: All Bedrooms Down, Den, Family Room, Formal Entry, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Deck, Patio Open
  • Pool Features: Private, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Garage Faces Front, Garage - Three Door, Garage Door Opener, Oversized, RV Access/Parking
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Old River
  • High School: Warren
  • Elementary School #2: OLDRIV
  • High School2: WARREN

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 10989.00
  • Lot Size Acres: 0.2523

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10989.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 551501
  • Tax Lot: 8
  • Tax Tract: 24092
  • Tax Tract Number: 551501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 1995
Sold by
Countrywide Funding Corp
Bought by
Hud
Current Estimated Value
$1,373,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.68%
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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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
Hud -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hud $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2021 03/05/21 Sold $1,075,000 -4.4% $336 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/21/2021 01/21/21 Price Changed $1,125,000 -6.2% $351 / Sq Ft
11/04/2020 11/04/20 Price Changed $1,199,000 -7.8% $374 / Sq Ft
10/02/2020 10/02/20 For Sale $1,300,000 -- $406 / 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 $14,355 $1,163,612 $679,658 $483,954
2024 $14,355 $1,140,797 $666,332 $474,465
2023 $13,862 $1,118,429 $653,267 $465,162
2022 $13,162 $1,096,500 $640,458 $456,042
2021 $3,902 $286,521 $60,800 $225,721
2020 $3,845 $283,584 $60,177 $223,407
2019 $3,806 $278,025 $58,998 $219,027
2018 $3,526 $272,575 $57,842 $214,733
2016 $3,385 $261,993 $55,597 $206,396
2015 $3,337 $258,058 $54,762 $203,296
2014 $3,166 $253,004 $53,690 $199,314
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20206482

California Regional Multiple Listing Service (CRMLS)

APN: 6246-020-061