NOT LISTED FOR SALE

7641 Florence Ave Unit 7 Downey, CA 90240

Estimated Value: $518,000 - $569,000

2 Beds
2 Baths
1,161 Sq Ft
$200/mo HOA Fee

Last Sold August 05, 2016

Last sale price $295,000 $254 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,379/month

31 Days on Market

Highlights

  • Gated Community
  • Double Pane Windows
  • Living Room
  • Wood Flooring
  • Walk-In Closet
  • Laundry Room

About This Home

As of August 2016

Beautiful, cozy and inviting condo. Property is close to all the best restaurants the City of Downey has to offer. The home features beautiful engineered floors, 2 good size rooms, ample closet space that includes a walk in closet. The complex offers a community laundry area, 1 parking space and 1 carport parking space with storage area. The balcony is perfect to sit outside on a Sunday morning and have a hot cup of coffee.
Owners have recently installed a new central heating unit. This condo is a must see!

Last Agent to Sell the Property

APOLO ANDRADE

CENTURY 21 REALTY MASTERS License #01776569 Listed on: 04/25/2016

CENTURY 21 REALTY MASTERS

Co-Listed By

SUSANA FRANCO

CENTURY 21 REALTY MASTERS License #01812918

Last Buyer's Agent

Josephine Velasco

Coldwell Banker Envision License #01358060

Coldwell Banker Envision

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 0.36

HOA Fees

  • $200 Monthly HOA Fees

Interior Spaces

  • 1,161 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • 1 Detached Carport Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 31467
  • Assessor Parcel Number 6359016050

Community Details

Overview

  • 8 Units

Amenities

  • Laundry Facilities

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: DOR3-P
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6359016050
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1161.00
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 254.09
  • Room Type: Living Room, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Central
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Paved

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 31467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Aug 3, 2016
Sold by
Vaquerano Jose A and Vaquerano Maria A
Bought by
Guerrero Alfredo and Rosado Wilma
Seller's Agent
APOLO ANDRADE
CENTURY 21 REALTY MASTERS
Buyer's Agent
Josephine Velasco
Coldwell Banker Envision
List Price
$323,000
Sold Price
$295,000
Premium/Discount to List
-$28,000
-8.67%
Current Estimated Value
$538,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,394
Avg. Annual Appreciation
6.62%
Original Mortgage
$302,080
Outstanding Balance
$240,479
Interest Rate
3.41%
Mortgage Type
VA
Estimated Equity
$297,915

Purchase Details

Closed on
Nov 13, 2012
Sold by
Federal National Mortgage Association
Bought by
Vaquerano Jose A and Vaquerano Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,440
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2012
Sold by
Flores Eduardo
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 17, 2007
Sold by
Moncito Shirl
Bought by
Flores Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Hutchison Albert
Bought by
Moncito Shirl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2001
Sold by
Kovacic Nikola and Kovacic Mirjana
Bought by
Hutchinson Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,920
Interest Rate
7.14%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guerrero Alfredo $295,000 Wfg National Title Co Of Ca
Vaquerano Jose A $226,000 Lsi Title Company
Federal National Mortgage Association $257,729 Landsafe Title
Flores Eduardo $325,000 Orange Coast Title Company
Moncito Shirl $208,000 Natc
Hutchinson Albert $149,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Alfredo $302,080
Previous Owner Vaquerano Jose A $212,440
Previous Owner Flores Eduardo $308,750
Previous Owner Moncito Shirl $166,400
Previous Owner Hutchinson Albert $148,920
Closed Moncito Shirl $41,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2016 08/05/16 Sold $295,000 -8.7% $254 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $323,000 +42.9% $278 / Sq Ft
01/14/2013 01/14/13 Sold $226,000 0.0% $195 / Sq Ft View Prior Sale
11/04/2012 11/04/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $225,900 -- $195 / 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 $4,303 $342,365 $151,105 $191,260
2024 $4,303 $335,653 $148,143 $187,510
2023 $4,157 $329,073 $145,239 $183,834
2022 $3,948 $322,622 $142,392 $180,230
2021 $3,852 $316,297 $139,600 $176,697
2019 $3,751 $306,917 $135,460 $171,457
2018 $3,655 $300,900 $132,804 $168,096
2016 $2,990 $235,091 $83,426 $151,665
2015 $2,948 $231,560 $82,173 $149,387
2014 $2,788 $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: MB16093548

California Regional Multiple Listing Service (CRMLS)

APN: 6359-016-050