NOT LISTED FOR SALE

7504 2nd St Downey, CA 90241

Estimated Value: $990,002 - $1,105,000

3 Beds
2 Baths
1,900 Sq Ft
$562/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $800,000 $421 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,476/month

13 Days on Market

Highlights

  • Golf Course Community
  • Primary Bedroom Suite
  • Property is near a park
  • Warren High School Rated A-
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of August 2021

Orange Estates charmer. Something for everyone whether you want to modernize or maintain its classic retro feel. Large living room with fireplace adjoins an equally large formal dining room. Kitchen is oversized with an eating area within. No maintenance backyard which could easily be transformed into an RV storage area. Close to shopping, public transportation, golf courses, parks, and Downey's award-winning schools.

Last Agent to Sell the Property

James Derry

Century 21 Masters License #01214569 Listed on: 07/01/2021

Century 21 Masters

Last Buyer's Agent

Frank Porras

KASE Real Estate License #02065286

KASE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,521

Year Built

  • Built in 1949

Lot Details

  • 6,360 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front and Side Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Center Hall
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Enclosed Patio or Porch
  • Fireplace in Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 11363
  • Assessor Parcel Number 6249029015

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,521

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: DOR105
  • Architectural Style: Mid Century Modern, Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249029015
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1900.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Den, Living Room, Patio
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 421.05
  • Room Type: All Bedrooms Down, Center Hall, Den, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s), Quartz Counters, Separate Tub And Shower
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Covered, Enclosed, Patio, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Disposal, Range Hood, Vented Exhaust Fan, Water Heater Central
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Golf, Park, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Rio Hondo
  • High School: Downey
  • Middle Or Junior School: Griffiths
  • Elementary School #2: RIOHON
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers On Side
  • Lot Size Sq Ft: 6360.00
  • Lot Size Acres: 0.1460

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6360.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.00
  • Tax Lot: 55
  • Tax Tract Number: 11363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2010
Sold by
Mercado Hector and Mercado Maria Belen
Bought by
Ruiz Jose M and Ruiz Yolanda
Current Estimated Value
$1,067,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2004
Sold by
E & I Yanez Inc
Bought by
Mercado Hector and Mercado Maria Belen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
5.92%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 31, 2003
Sold by
Watson William M
Bought by
Yanez Enrique and Yanez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Watson William M and Watson Evelyn M
Bought by
Watson William M and Watson Evelyn 7
Source: Public Records

Range of Values:

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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
Ruiz Jose M $415,000 Old Republic Title Company
Mercado Hector $565,000 --
E & I Yanez Inc -- --
Yanez Enrique -- Chicago Title Co
Watson William M -- Chicago Title Co
Watson William M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Jose M $315,000
Previous Owner Mercado Hector $415,000
Previous Owner Yanez Enrique $319,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $800,000 +1.5% $421 / Sq Ft
07/01/2021 07/01/21 For Sale $788,000 -- $415 / 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 $10,521 $848,965 $643,940 $205,025
2024 $10,521 $832,319 $631,314 $201,005
2023 $10,159 $816,000 $618,936 $197,064
2022 $9,645 $800,000 $606,800 $193,200
2021 $6,024 $491,190 $330,342 $160,848
2020 $5,932 $486,154 $326,955 $159,199
2019 $5,869 $476,623 $320,545 $156,078
2018 $5,665 $467,278 $314,260 $153,018
2016 $5,487 $449,135 $302,058 $147,077
2015 $5,409 $442,389 $297,521 $144,868
2014 $5,103 $433,724 $291,693 $142,031
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Derry

    Century 21 Masters

    Section Image
  • Frank Porras

    Buyer's Agent in 2021

    Frank Porras

    KASE Real Estate

    (562) 299-4039

    64 Total Sales

    Frank Porras
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21135347

California Regional Multiple Listing Service (CRMLS)

APN: 6249-029-015

California Los Angeles County Downey 90241

7504 2nd St, Downey, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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