NOT LISTED FOR SALE

7515 Sarabeth St Downey, CA 90242

Estimated Value: $1,271,000 - $1,693,000

4 Beds
3.5 Baths
3,916 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $750,000 $192 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,806/month

8 Days on Market

Highlights

  • In Ground Spa
  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • Williams Elementary School Rated 9+
  • City Lights View
  • No HOA

About This Home

As of March 2014

Beautiful custom made home on quiet Downey St./ Features Den w/ open bar/Service window in Den to Kitchen/Atrium outside of all 4 bds/Walk-in closets in each bds/Master has 3 closets/Completely remodeled state of the art bathroom with custom non- overflow bathtub/Modern up to date kitchen you will love/Leads to huge laundry rm with plenty of cabinets and storage space//floor to ceiling front door/ Huge Living rm with marble fireplace/ A huge pool with access to from Living rm, Den, and Kitchen/ This is a must see dream home

Last Agent to Sell the Property

Norman Ben

No Firm Affiliation License #01202805 Listed on: 10/31/2013

Last Buyer's Agent

Norman Ben

No Firm Affiliation License #01202805 Listed on: 10/31/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,529

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Block Wall Fence
  • Land Lease

Parking

  • 3 Car Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 3,916 Sq Ft Home
  • Bar
  • Atrium Windows
  • Atrium Doors
  • Carpet
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Fireplace in Bathroom

Pool

  • In Ground Spa
  • Private Pool

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 20168
  • Assessor Parcel Number 6246020034

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,529

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6246020034
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3916.00
  • Interior Amenities: Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Atrium Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 191.52
  • Room Type: All Bedrooms Down
  • Spa Features: In Ground
  • Window Features: Atrium

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 13100.00
  • Lot Size Acres: 0.3010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13100.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 20168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2019
Sold by
Magdesyan Stepan
Bought by
Magdesyan Stepan and Stepan Magdesyan Living Trust
Current Estimated Value
$1,478,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$637,813
Interest Rate
3.6%
Estimated Equity
$786,014

Purchase Details

Closed on
Feb 11, 2015
Sold by
Magdesyan Stepan
Bought by
Magdesyan Stepan and Stepan Magdesyan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,213
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 31, 2013
Closed on
Mar 25, 2014
Sold by
Magdesyan Stephan
Bought by
Magdesyan Stephan and Magdesyan Living Trust
Seller's Agent
Norman Ben
No Firm Affiliation
Buyer's Agent
Norman Ben
No Firm Affiliation
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$559,625
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 31, 2013
Closed on
Mar 4, 2014
Sold by
Minasyan Tatevik
Bought by
Magdesyan Stepan
Seller's Agent
Norman Ben
No Firm Affiliation
Buyer's Agent
Norman Ben
No Firm Affiliation
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,625
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 31, 2013
Closed on
Feb 24, 2014
Sold by
Harris Keith Elbert
Bought by
Magdesyan Stepan
Seller's Agent
Norman Ben
No Firm Affiliation
Buyer's Agent
Norman Ben
No Firm Affiliation
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,625
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2012
Sold by
Hudson Carolyn
Bought by
Harris Keith Elbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,400
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 1993
Sold by
Topa Thrift & Loan Assn
Bought by
Harris Keith Elbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Magdesyan Stepan -- Accommodation
Magdesyan Stepan -- North American Title
Magdesyan Stepan -- Title 365
Magdesyan Stephan -- None Available
Magdesyan Stepan -- Western Resources Title
Magdesyan Stepan $750,000 Western Resources Title
Harris Keith Elbert -- None Available
Harris Keith Elbert $390,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magdesyan Stepan $725,000
Previous Owner Magdesyan Stepan $561,213
Previous Owner Magdesyan Stepan $559,625
Previous Owner Harris Keith Elbert $394,400
Previous Owner Harris Keith Elbert $216,000
Previous Owner Harris Keith Elbert $417,000
Previous Owner Harris Keith Elbert $475,000
Previous Owner Harris Keith Elbert $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $750,000 0.0% $192 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $750,000 -- $192 / 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 $11,529 $919,389 $643,574 $275,815
2024 $11,529 $901,362 $630,955 $270,407
2023 $11,139 $883,689 $618,584 $265,105
2022 $10,583 $866,362 $606,455 $259,907
2021 $10,359 $849,375 $594,564 $254,811
2019 $10,095 $824,184 $576,930 $247,254
2018 $12,149 $808,024 $565,618 $242,406
2016 $9,419 $776,649 $543,655 $232,994
2015 $9,288 $764,984 $535,489 $229,495
2014 $6,418 $540,734 $180,243 $360,491
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Norman Ben

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13099070

California Regional Multiple Listing Service (CRMLS)

APN: 6246-020-034

California Los Angeles County Downey 90242

7515 Sarabeth St, Downey, CA

This home is located at 7515 Sarabeth St, Downey, CA 90242 since 31 October 2013 and is currently estimated at $1,478,267, approximately $377 per square foot. This property was built in 1961. 7515 Sarabeth St is a home located in Los Angeles County with nearby schools including Old River Elementary School, Williams Elementary School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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