NOT LISTED FOR SALE

7640 Stewart And Gray Rd Unit E Downey, CA 90241

Estimated Value: $537,000 - $703,000

2 Beds
2 Baths
1,030 Sq Ft
$594/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $550,000 $534 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,018/month

34 Days on Market

Highlights

  • 0.45 Acre Lot
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Williams Elementary School Rated 9+
  • Neighborhood Views
  • Laundry Room

About This Home

As of November 2022

Bright, Modern Cape-Cod style townhome built in 2014 with only $198/month HOA dues. Located at the rear of this small complex away from street noise and sharing just one common wall with one neighbor, this 2 bedroom/2 bathroom/1,030 sqft home features open and high ceilings, spacious kitchen with stone counters, cozy fireplace, oversized two car garage with storage, private laundry, large windows on three sides, tankless water heater, fenced outdoor area with storage shed and unique ground level ADA-compliant bedroom/bathroom with separate entrance ( perfect for roommates or home office ). This well-maintained complex also includes ample guest parking, community green area with picnic tables and barbecues along with one handicap parking space.

Last Agent to Sell the Property

Jonathan Whitesides

Jonathan Whitesides, Broker License #01707498 Listed on: 09/04/2022

Last Buyer's Agent

Eddie Del Rio

West Shores Realty, Inc. License #01279281

West Shores Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,065

Year Built

  • Built in 2014

Lot Details

  • 1 Common Wall
  • No Landscaping

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,030 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 72267
  • Assessor Parcel Number 6246012055
  • $304 per year additional tax assessments

Community Details

Overview

  • 9 Units
  • Downey Court Townhomes HOA, Phone Number (562) 869-4261

Amenities

  • Picnic Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,065

Year Built

Built in 2014

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: DOR15000*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6246012055
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1030.00 Square Feet
  • Stories: 3
  • Entry Location: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 533.98
  • Room Type: Main Floor 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: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 198.00
  • Association Fee Frequency: Monthly
  • Association Name: Downey Court Townhomes HOA
  • Phone: 562-869-4261
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Downey Court Townhomes HOA

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 19477.00
  • Lot Size Acres: 0.4471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19477.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5515.01
  • Tax Lot: 1
  • Tax Tract Number: 72267
  • TaxOtherAnnualAssessmentAmount: 304.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2022
Sold by
Allen Michael
Bought by
Garcia Oscar Enrique
Current Estimated Value
$611,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,650
Interest Rate
6.94%
Mortgage Type
VA

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 26, 2020
Sold by
Baltazar Richard D and Baltazar Seul L
Bought by
Allen Michael and Guerrero Nilska
Seller's Agent
Dale Jervis
Century 21 Jervis & Associates
Buyer's Agent
Jonathan Whitesides
Jonathan Whitesides, Broker
List Price
$410,000
Sold Price
$425,000
Premium/Discount to List
$15,000
3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$417,302
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2015
Sold by
Bonanni Development/Jb Construction
Bought by
Baltazar Richard D and Baltazar Seul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
4.01%
Mortgage Type
FHA
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
Garcia Oscar Enrique $550,000 Corinthian Title
Allen Michael $425,000 Lawyers Title
Baltazar Richard D $360,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Oscar Enrique $582,650
Previous Owner Allen Michael $417,302
Previous Owner Baltazar Richard D $353,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $550,000 0.0% $534 / Sq Ft
09/08/2022 09/08/22 Price Changed $549,900 -5.2% $534 / Sq Ft
09/04/2022 09/04/22 For Sale $580,000 +36.5% $563 / Sq Ft
06/30/2020 06/30/20 Sold $425,000 +3.7% $413 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $410,000 -3.5% $398 / Sq Ft
05/13/2020 05/13/20 Off Market $425,000 -- --
05/04/2020 05/04/20 For Sale $410,000 -3.5% $398 / Sq Ft
04/16/2020 04/16/20 Off Market $425,000 -- --
03/11/2020 03/11/20 For Sale $410,000 -- $398 / 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 $7,065 $572,219 $320,651 $251,568
2024 $7,065 $561,000 $314,364 $246,636
2023 $6,821 $550,000 $308,200 $241,800
2022 $5,321 $437,989 $234,866 $203,123
2021 $5,203 $429,402 $230,261 $199,141
2020 $4,643 $389,672 $193,645 $196,027
2019 $4,566 $382,033 $189,849 $192,184
2018 $4,464 $374,543 $186,127 $188,416
2016 $4,346 $360,000 $178,900 $181,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22194742

California Regional Multiple Listing Service (CRMLS)

APN: 6246-012-055