NOT LISTED FOR SALE

7640 2nd St Downey, CA 90241

Estimated Value: $1,496,000 - $1,746,000

5 Beds
4 Baths
3,258 Sq Ft
$501/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $885,000 $272 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,921/month

61 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Cathedral Ceiling
  • Warren High School Rated A-
  • Deck
  • Spanish Architecture

About This Home

As of December 2016

Downey's historic orange estates home with sparkling swimming pool and central heat and air conditioning. It has that old world charm and well maintained and updated. Newer copper piping in home. FIVE bedrooms and four total bathrooms on the property. First floor of home- This home has a very spacious step down formal living room with a wood burning fireplace. A large formal dining room that has hardwood floors and crown moulding. Large den and wood burning fireplace overlooks yard and the sparkling pool. One bedroom downstairs or could be used as a office, updated kitchen, separate breakfast room and walk in pantry. Second floor of residence- Beautiful winding stairway leads to large upstairs landing and hallway. One master bedroom(13' x 16') has its own 3/4 freshly updated bath and two wardrobe closets and a cedar closet. Second master bedroom (15' x 15') has a huge walk in closet and access to a large front balcony. Third bedroom overlooks the sparkling pool and patio area. Fourth bedroom has access to decorative wrought iron balcony and hallway full bath has a soaking tub, is spacious, clean and neat. Rear yard/patio/pool/garage-Sparkling kidney shaped pool, large covered patio, enormous free standing playroom, 3/4 pool bath, large sauna and laundry. Only 2 owners and 2nd owner now selling. Hablamos Espanol.

Last Agent to Sell the Property

George Gordon

George E. Gordon License #00614591 Listed on: 09/02/2016

Last Buyer's Agent

Lee Chhuo

Coldwell Banker George Realty License #01842068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,138

Year Built

  • Built in 1939

Lot Details

  • 10,283 Sq Ft Lot
  • Block Wall Fence
  • Fence is in average condition
  • Front and Back Yard Sprinklers
  • Property is zoned DOR105

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Spanish Architecture
  • Fire Rated Drywall
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 3,258 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Shutters
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Fireplace in Patio
  • Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Central Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6249028006

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,138

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: DOR105
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249028006
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3258.00 Square Feet
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Copper Plumbing Full, Pantry, Recessed Lighting, Sunken Living Room
  • Entry Location: Ground Level With Steps
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Den, Gas, Gas Starter, Living Room, Patio
  • Levels: Two
  • Price Per Square Foot: 271.64
  • Room Type: Basement, Den, Living Room, Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Two Masters
  • Window Features: Shutters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition, Block
  • Patio And Porch Features: Deck, Front Porch, Patio, Slab
  • Pool Features: Private
  • Pool Private: Yes
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Water Heater Central
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 10283.00
  • Price Per Lot Square Foot: 96.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 24, 2016
Sold by
Schuldt Tim B
Bought by
Millette Jake and Millette Amy Kear Pear
Seller's Agent
George Gordon
George E. Gordon
Buyer's Agent
Lee Chhuo
Coldwell Banker George Realty
List Price
$989,750
Sold Price
$885,000
Premium/Discount to List
-$104,750
-10.58%
Current Estimated Value
$1,632,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$747,509
Avg. Annual Appreciation
7.15%
Original Mortgage
$708,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2003
Sold by
Schuldt Tim B and Schuldt Donna J
Bought by
Schuldt Tim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2003
Sold by
Schuldt Donna J and Meadows Donna J
Bought by
Schuldt Tim B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1993
Sold by
Schuldt Donna J and Meadows Donna J
Bought by
Schuldt Tim B
Source: Public Records

Range of Values:

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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
Millette Jake $885,000 Cchicago Title Company
Schuldt Tim B -- --
Schuldt Tim B -- California Counties Title
Schuldt Tim B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millette Jake $663,500
Closed Millette Jake $708,000
Previous Owner Schuldt Tim B $322,700
Previous Owner Schuldt Tim B $187,000
Closed Schuldt Tim B $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $885,000 -10.6% $272 / Sq Ft
09/02/2016 09/02/16 For Sale $989,750 -- $304 / 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 $13,138 $1,056,226 $533,170 $523,056
2024 $13,138 $1,035,516 $522,716 $512,800
2023 $12,690 $1,015,213 $512,467 $502,746
2022 $12,050 $995,308 $502,419 $492,889
2021 $11,805 $975,793 $492,568 $483,225
2019 $11,497 $920,753 $477,959 $442,794
2018 $10,845 $902,700 $468,588 $434,112
2016 $6,358 $517,394 $219,569 $297,825
2015 $6,269 $509,623 $216,271 $293,352
2014 $5,918 $499,641 $212,035 $287,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16196171

California Regional Multiple Listing Service (CRMLS)

APN: 6249-028-006