NOT LISTED FOR SALE

7641 Florence Ave Unit 103 Downey, CA 90240

Estimated Value: $573,000 - $642,000

2 Beds
2 Baths
1,161 Sq Ft
$225/mo HOA Fee

Last Sold April 14, 2023

Last sale price $525,000 $452 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,969/month

15 Days on Market

Highlights

  • Living Room
  • Central Heating and Cooling System
  • Maintained Community
  • Laundry Room

About This Home

As of April 2023

MOVE IN READY CONDO IN DOWNEY! This spacious 2 bedroom, 2 bathroom condo is perfect for a first time homebuyer. The home features a patio, beautiful flooring, recessed lighting throughout, gorgeous white shutters and cute modern touches throughout the home. Condo has central AC which is a huge plus! It's also located on the first floor which is great for those who don't want any stairs or have difficulties with stairs. Complex is quiet and quaint with community laundry area. Condo comes with 2 assigned parking spaces, one of which is located underneath a carport. Property is located minutes away from 710 freeway and plenty of food places nearby.

Last Agent to Sell the Property

Kenneth Palma

Palma Investments License #01886266 Listed on: 02/09/2023

Co-Listed By

Donnell Palma

Palma Investments License #01926704

Last Buyer's Agent

Flavio Acosta

Real Consultants Mortgage Real License #01208928

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 0.36

HOA Fees

  • $225 Monthly HOA Fees

Interior Spaces

  • 1,161 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 31467
  • Assessor Parcel Number 6359016052
  • $356 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • The 7641 Homeowners Assn Association, Phone Number (562) 688-6377
  • Maintained Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: DOR3-P*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6359016052
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1161.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 452.20
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: THE 7641 HOMEOWNERS ASSN
  • Phone: 5626886377
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: THE 7641 HOMEOWNERS ASSN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15711.00
  • Lot Size Acres: 0.3607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15711.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Census Tract: 5507.00
  • Tax Lot: 25
  • Tax Tract Number: 31467
  • TaxOtherAnnualAssessmentAmount: 356.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Acosta Mary G
Bought by
Mary G Acosta Separate Property Trust and Acosta
Current Estimated Value
$598,977

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 24, 2023
Sold by
Acosta Flavio
Bought by
Acosta Mary G
Seller's Agent
Kenneth Palma
Palma Investments
Buyer's Agent
Flavio Acosta
Real Consultants Mortgage Real
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.56%
Original Mortgage
$325,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2023
Closed on
Mar 9, 2023
Sold by
Rodriguez Juan and Rodriguez Karla Emma
Bought by
Acosta Mary G
Seller's Agent
Kenneth Palma
Palma Investments
Buyer's Agent
Flavio Acosta
Real Consultants Mortgage Real
List Price
$529,000
Sold Price
$525,000
Premium/Discount to List
-$4,000
-0.76%
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2018
Closed on
Sep 11, 2018
Sold by
Gonzalez Brigitte and Esparza Julio
Bought by
Rodriguez Juan
Seller's Agent
Natalie Tinoco
Tower Realty & Investments
Buyer's Agent
Natalie Tinoco
Tower Realty & Investments
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$274,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2017
Sold by
Gonzalez Brigitte and Esparza Julio
Bought by
Gonzalez Brigitte and Esparza Julio

Purchase Details

Listed on
Jun 30, 2016
Closed on
Aug 1, 2016
Sold by
Mcmains Patrick Andrew and Mcmains Molly A
Bought by
Conzalez Brigitte and Esparza Julio
Seller's Agent
Mario Zavala
Century 21 Allstars
Buyer's Agent
Natalie Tinoco
Tower Realty & Investments
List Price
$317,000
Sold Price
$300,000
Premium/Discount to List
-$17,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$294,566
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2013
Sold by
Mcmains Patrick Andrew
Bought by
Mcmains Patrick Andrew and Mcmains Molly A

Purchase Details

Closed on
Oct 19, 2009
Sold by
Stadtlander James C and Sirk Linda K
Bought by
Mcmains Patrick Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mary G Acosta Separate Property Trust -- None Listed On Document
Acosta Mary G -- None Listed On Document
Acosta Mary G -- California Best Title
Acosta Mary G $525,000 California Best Title
Rodriguez Juan $365,000 Orange Coast Title Company
Gonzalez Brigitte -- None Available
Conzalez Brigitte $320,000 Lawyers Title
Mcmains Patrick Andrew -- Netco Title Company
Mcmains Patrick Andrew $236,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Mary G $325,000
Previous Owner Rodriguez Juan $274,900
Previous Owner Conzalez Brigitte $294,566
Previous Owner Mcmains Patrick Andrew $188,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $525,000 -0.8% $452 / Sq Ft
02/09/2023 02/09/23 For Sale $529,000 +44.9% $456 / Sq Ft
10/15/2018 10/15/18 Sold $365,000 -2.6% $314 / Sq Ft View Prior Sale
09/11/2018 09/11/18 Pending -- -- --
08/28/2018 08/28/18 Price Changed $374,900 -1.3% $323 / Sq Ft
08/07/2018 08/07/18 Price Changed $379,900 -2.6% $327 / Sq Ft
06/28/2018 06/28/18 For Sale $389,900 +30.0% $336 / Sq Ft
08/26/2016 08/26/16 Sold $300,000 -5.4% $258 / Sq Ft View Prior Sale
06/30/2016 06/30/16 For Sale $317,000 -- $273 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,780 $546,209 $318,882 $227,327
2024 $6,780 $535,500 $312,630 $222,870
2023 $4,973 $391,350 $212,616 $178,734
2022 $4,723 $383,678 $208,448 $175,230
2021 $4,615 $376,156 $204,361 $171,795
2019 $4,496 $365,000 $198,300 $166,700
2018 $4,029 $326,400 $158,304 $168,096
2016 $3,249 $257,331 $97,261 $160,070
2015 $3,204 $253,467 $95,801 $157,666
2014 $2,945 $241,000 $91,300 $149,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23022834

California Regional Multiple Listing Service (CRMLS)

APN: 6359-016-052