NOT LISTED FOR SALE

7740 4th Place Downey, CA 90241

Estimated Value: $1,424,000 - $1,830,000

4 Beds
3.5 Baths
2,803 Sq Ft
$567/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $1,510,100 $539 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,080/month

24 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Open to Family Room
  • No HOA
  • Covered Patio or Porch
  • Family Room Off Kitchen

About This Home

As of May 2023

Sitting proudly on a verdant, 11,000 square foot corner lot in the highly sought after Orange Estates neighborhood, just blocks from coveted Rio Hondo Elementary and Furman Park, this gracious 4 bedroom, 4 bathroom 1960's gem overflows with character and charm.Built for the first mayor of Downey, James L. Stamps, and his wife, the generous, well-appointed floorplan is ideal for both grand entertaining and extremely comfortable living. There are cabinets, closets, built-ins, and room for truly everything!Through the welcoming entry, the bright spacious living room boasts original white oak floors, custom built-in bookcase, handsome fireplace, and impressive bay window. The formal dining room with plantation shutters opens to the large eat-in kitchen with ample storage, adjacent utility room, bathroom and wood-paneled office with separate entrance. Ideally sited between the kitchen and living room, the family room, with its wall of built-ins, beckons through sliding glass doors to the expansive covered patio, flat grassy yard bordered by blackberry vines, fruit trees, retired fish pond, and an expertly crafted and lit gazebo. The spacious, private, master retreat with large walk-in closet, plantation shutters, elegant vanity, whimsical tiled bathroom, and patio access, is ideally distanced down a long hallway from the additional two light and airy bedrooms and their vintage, tiled, shared bathroom with double vanity and original crystal light fixtures.Through the breezeway, past the dutch door that leads to the sizeable driveway and 2-car garage with storage closet, and at the end of a pathway, there is an adjacent bonus bedroom and bathroom with separate entrance just begging to become an art studio or ever popular ADU.Entertaining in this home is a given, but keeping it all to yourself would be perfectly understandable!

Last Agent to Sell the Property

Caren Saiet

Craig Estates and Fine Properties License #01477124 Listed on: 03/31/2023

Last Buyer's Agent

JP Zentgraf

Fiv Realty Co License #01250082

Fiv Realty Co

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 10,760 Sq Ft Lot
  • Wood Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 2,803 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Separate Shower

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Electric Dryer Hookup

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 550801
  • Assessor Parcel Number 6249022001

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

10,760 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6249022001
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2803.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Decorative, Living Room
  • Levels: One
  • Price Per Square Foot: 409.92
  • Room Type: Dressing Area, Walk-In Closet, Utility Room, Office, Master Bedroom, Family Room
  • Bathroom Features: Separate Tub And Shower, Vanity Area, Stone Counters
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10760.00
  • Lot Size Acres: 0.2470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10760.0000 Square Feet

Tax Info

  • Tax Lot: 7
  • Tax Tract: 18839
  • Tax Tract Number: 550801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 21, 2023
Sold by
Amos Sherwin Trust
Bought by
Arrellano Maria D Montelongo
Seller's Agent
Caren Saiet
Craig Estates and Fine Properties
Buyer's Agent
JP Zentgraf
Fiv Realty Co
List Price
$1,149,000
Sold Price
$1,510,100
Premium/Discount to List
$361,100
31.43%
Views
215
Current Estimated Value
$1,588,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,648
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,057,070
Outstanding Balance
$1,020,067
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$568,681

Purchase Details

Closed on
Oct 5, 2004
Sold by
Sherwin Joyce
Bought by
Sherwin Joyce and Amos Sherwin Trust B

Purchase Details

Closed on
Nov 15, 1996
Sold by
Sherwin Amos
Bought by
Sherwin Amos G and Sherwin Joyce
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
Arrellano Maria D Montelongo $1,510,500 Chicago Title Company
Sherwin Joyce -- --
Sherwin Amos G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arrellano Maria D Montelongo $1,057,070
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2023 05/18/23 Sold $1,510,100 +31.4% $539 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,149,000 -- $410 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $19,076 $1,571,108 $1,040,400 $530,708
2024 $19,076 $1,540,302 $1,020,000 $520,302
2023 $11,124 $898,389 $402,137 $496,252
2022 $10,560 $880,774 $394,252 $486,522
2021 $10,342 $863,505 $386,522 $476,983
2019 $10,074 $837,895 $375,058 $462,837
2018 $9,808 $821,466 $367,704 $453,762
2016 $9,514 $789,570 $353,427 $436,143
2015 $9,380 $777,711 $348,119 $429,592
2014 $8,838 $762,477 $341,300 $421,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13078

Pasadena-Foothills Association of REALTORS®

APN: 6249-022-001

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