NOT LISTED FOR SALE

7641 Florence Ave Unit 201 Downey, CA 90240

Estimated Value: $546,000 - $588,155

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

Last Sold May 23, 2023

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

Est. 15% increase in value since last sale

Current estimated payment $3,940/month

125 Days on Market

Highlights

  • City Lights View
  • Granite Countertops
  • Crown Molding
  • Main Floor Bedroom
  • Balcony
  • Laundry Room

About This Home

As of May 2023

Back on the market! No fault of the seller! Beautiful and spacious condo. 2 large bedrooms with lots of closet space. Dining area off of the kitchen. Granite countertops thru out. Quiet complex consisting of only 8 units. 2 car spaces in the gated garage.

Last Agent to Sell the Property

Sandra Ortiz

Coldwell Banker Residential Br License #02142214 Listed on: 11/29/2022

Coldwell Banker Residential Br

Co-Listed By

Teresa Salas

Excellence RE Real Estate License #02061292

Last Buyer's Agent

Cristian Ripoll

Century 21 Masters License #01850233

Century 21 Masters

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
  • Crown Molding
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace
  • City Lights Views
  • Laundry Room

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Additional Features

  • Balcony
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 31467
  • Assessor Parcel Number 6359016056
  • $703 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • 7641 Florence Ave HOA, 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: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: DOR3-P*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6359016056
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1161.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 452.20
  • Room Type: Main Floor Bedroom
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

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: 7641 Florence Ave HOA
  • Phone: 562-688-6377
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: 7641 Florence Ave HOA

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: 703.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Kimbrel Danielle Kathryn
Bought by
Ortiz Sandra
Current Estimated Value
$605,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,317
Interest Rate
2.87%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 12, 2016
Closed on
Feb 15, 2017
Sold by
Rodriguez Jose L
Bought by
Kimbrel Danielle Kathryn
Seller's Agent
Felix Garcia
Century 21 Champions
Buyer's Agent
Billy Bryson
Centerpointe Real Estate
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$304,385
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 26, 2012
Sold by
Roe Kenneth R and Roe Rhonda S
Bought by
Rodriguez Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,458
Interest Rate
3.49%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2012
Sold by
Mcneill Angela G and Estate Of Carmen G George
Bought by
Roe Ken and Roe Rhonda

Purchase Details

Closed on
Jul 17, 2012
Sold by
Mcneil Angela G
Bought by
George Angela G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ortiz Sandra $380,000 Orange Coast Title Company
Kimbrel Danielle Kathryn $310,000 Provident Title Company
Rodriguez Jose L $226,000 Equity Title
Roe Ken $163,000 None Available
George Angela G -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Sandra $367,317
Previous Owner Kimbrel Danielle Kathryn $304,385
Previous Owner Rodriguez Jose L $233,458
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2023 05/23/23 Sold $525,000 -1.9% $452 / Sq Ft
05/01/2023 05/01/23 For Sale $535,000 0.0% $461 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $535,000 +1.9% $461 / Sq Ft
03/30/2023 03/30/23 Off Market $525,000 -- --
03/23/2023 03/23/23 For Sale $550,000 +4.8% $474 / Sq Ft
03/22/2023 03/22/23 Off Market $525,000 -- --
03/06/2023 03/06/23 For Sale $550,000 +4.8% $474 / Sq Ft
03/05/2023 03/05/23 Off Market $525,000 -- --
03/04/2023 03/04/23 For Sale $550,000 +4.8% $474 / Sq Ft
03/03/2023 03/03/23 Off Market $525,000 -- --
03/03/2023 03/03/23 For Sale $550,000 +4.8% $474 / Sq Ft
02/17/2023 02/17/23 Off Market $525,000 -- --
02/16/2023 02/16/23 For Sale $550,000 +4.8% $474 / Sq Ft
02/15/2023 02/15/23 Off Market $525,000 -- --
02/07/2023 02/07/23 For Sale $550,000 +4.8% $474 / Sq Ft
02/06/2023 02/06/23 Off Market $525,000 -- --
11/29/2022 11/29/22 For Sale $550,000 +44.7% $474 / Sq Ft
02/21/2020 02/21/20 Sold $380,000 +5.6% $327 / Sq Ft View Prior Sale
12/09/2019 12/09/19 Pending -- -- --
11/26/2019 11/26/19 For Sale $360,000 +16.1% $310 / Sq Ft
02/22/2017 02/22/17 Sold $310,000 0.0% $267 / Sq Ft View Prior Sale
01/30/2017 01/30/17 Pending -- -- --
12/04/2016 12/04/16 For Sale $310,000 0.0% $267 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $310,000 -3.1% $267 / Sq Ft
10/12/2016 10/12/16 For Sale $320,000 -- $276 / 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 $6,780 $546,209 $318,882 $227,327
2024 $6,780 $535,500 $312,630 $222,870
2023 $5,069 $399,445 $219,485 $179,960
2022 $4,813 $391,614 $215,182 $176,432
2021 $5,084 $383,936 $210,963 $172,973
2020 $4,053 $328,972 $156,102 $172,870
2019 $4,010 $322,523 $153,042 $169,481
2018 $3,911 $316,200 $150,042 $166,158
2016 $2,908 $235,091 $83,426 $151,665
2015 $2,866 $231,560 $82,173 $149,387
2014 $2,710 $227,025 $80,564 $146,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22248092

California Regional Multiple Listing Service (CRMLS)

APN: 6359-016-056