NOT LISTED FOR SALE

7722 Stewart And Gray Rd Unit A Downey, CA 90241

Estimated Value: $647,000 - $709,000

3 Beds
2.5 Baths
1,306 Sq Ft
$520/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $370,000 $283 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,366/month

121 Days on Market

Highlights

  • Gated Community
  • 0.76 Acre Lot
  • Contemporary Architecture
  • Williams Elementary School Rated 9+
  • Deck
  • Granite Countertops

About This Home

As of April 2014

Downey Villas is an elegant gated community with 12 townhomes built in 2008, conveniently located freeways, shopping and schools. Quality built construction features many amenities including fireplace, balcony off of master bedroom, private yards, granite counter tops, beautiful wood cabinetry, stainless steel appliances and upgraded with laminate flooring through out. Open floor plan with three bedrooms, three bathrooms and two car attached garage. Newly Painted!

Last Agent to Sell the Property

Ted Kim

RE/MAX TerraSol License #01884111 Listed on: 10/29/2013

RE/MAX TerraSol

Last Buyer's Agent

Melinda Elmer

Century 21 Masters License #01399946

Century 21 Masters

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,619

Year Built

  • Built in 2008

Lot Details

  • 1 Common Wall
  • Wood Fence

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Turnkey
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room Off Kitchen
  • Living Room with Fireplace

Kitchen

  • Built-In Range
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 64754
  • Assessor Parcel Number 6246012049

Community Details

Overview

  • 12 Units
  • Maintained Community

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,619

Year Built

Built in 2008

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6246012049
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1306.00
  • Interior Amenities: Balcony, Granite Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 283.31
  • Room Type: All Bedrooms Up
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Enclosed
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Water Purifier
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 195.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Downey Unified

Lot Info

  • Lot Size Sq Ft: 33296.00
  • Lot Size Acres: 0.7640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33296.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 64754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2013
Closed on
Mar 27, 2014
Sold by
Chon Daniel Yong and Chon Chang Pyong
Bought by
Patel Rakesh N and Bhakta Vaishali B
Seller's Agent
Ted Kim
RE/MAX TerraSol
Buyer's Agent
Melinda Elmer
Century 21 Masters
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
Current Estimated Value
$679,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,682
Avg. Annual Appreciation
5.44%
Original Mortgage
$270,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2008
Sold by
Bd Jb Jsc Partners
Bought by
Chon Daniel Yong and Chon Chang Pyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Patel Rakesh N $370,000 Lawyers Title Company
Chon Daniel Yong -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rakesh N $215,000
Closed Patel Rakesh N $225,000
Closed Patel Rakesh N $270,000
Previous Owner Chon Daniel Yong $259,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $370,000 -3.9% $283 / Sq Ft
01/23/2014 01/23/14 Price Changed $385,000 -1.0% $295 / Sq Ft
12/13/2013 12/13/13 Price Changed $389,000 -1.5% $298 / Sq Ft
10/29/2013 10/29/13 For Sale $395,000 -- $302 / 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 $5,619 $453,560 $181,424 $272,136
2024 $5,619 $444,667 $177,867 $266,800
2023 $5,426 $435,949 $174,380 $261,569
2022 $5,151 $427,402 $170,961 $256,441
2021 $5,036 $419,022 $167,609 $251,413
2019 $4,904 $406,596 $162,639 $243,957
2018 $4,777 $398,624 $159,450 $239,174
2016 $4,623 $383,147 $153,259 $229,888
2015 $4,557 $377,392 $150,957 $226,435
2014 $3,873 $332,000 $146,000 $186,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13220494

California Regional Multiple Listing Service (CRMLS)

APN: 6246-012-049