NOT LISTED FOR SALE

7817 7th St Downey, CA 90241

Estimated Value: $1,035,000 - $1,129,000

3 Beds
2 Baths
1,612 Sq Ft
$674/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $915,000 $568 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,646/month

8 Days on Market

Highlights

  • Detached Guest House
  • Greenhouse
  • Wood Flooring
  • Warren High School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of October 2023

Welcome to an exceptional opportunity in the coveted Orange Estates community, where the canvas of homeownership awaits your creative touch. Nestled within its desirable location, this well laid out 3-bedroom, 2-bathroom single family home, plus detached guest house with kitchen and full bathroom, spacious outdoor space and grassy front yard offers the perfect blend of potential and desirable location. Here you have the chance to turn your vision into reality. As you step outside, you'll be welcomed by a paved courtyard adorned with flourishing fruit trees. Whether you're enjoying a leisurely afternoon or hosting gatherings with loved ones, this is a serene environment awaiting your personal touch. One of the standout features of this property is the newer, separate guest house (ADU, not included in the square footage), complete with its own kitchen and bathroom. This additional space opens a realm of possibilities from accommodating guests with comfort and privacy to utilizing it as a studio, home office, or potential rental income. For families, the location couldn't be more ideal. Just 500 feet away from Rio Honda Elementary School - the daily commute becomes a breeze for young students. Furman Park is a mere 0.2 miles away - this park is a haven for outdoor enthusiasts of all ages offering open green spaces, activity room, ball diamonds, playground, tennis courts, walking trail, outdoor fitness equipment, and a serene environment for picnics and relaxation. Cultural delights are also within easy reach with Downey Theater located 1.3 miles away., If golf is your passion, the Rio Hondo Golf Club is a mere 0.5 miles away. Located in a sought-after community and proximity to fantastic amenities, this property promises the chance to shape a space that resonates with you. Don't miss the opportunity to make this property your own.

Last Agent to Sell the Property

Alejandra Sorensen

Christie's International Real Estate SoCal License #01895311 Listed on: 08/30/2023

Christie's International Real Estate SoCal

Co-Listed By

Sook Hee Cha

Coldwell Banker Exclusive License #02169254

Last Buyer's Agent

Manuel Agosto

CASA CENTRAL REALTY License #01317813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,502

Year Built

  • Built in 1941

Lot Details

  • 6,272 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is zoned DOR105

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Fixer Upper

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Room
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Outdoor Features

  • Open Patio
  • Greenhouse

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6251-009-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,502

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1612
  • Lot Acreage: 0.1440
  • Lot Dimensions: 50x125
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1941
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Oven, Range, Range Hood, Built-In Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Shower Stall, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Tile Counters, Open to Family Room
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Range/Oven, Dishwasher
  • Price Per S Q F T: 527.30

Exterior Features

  • Other Structures: Greenhouse
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 6251-009-005
  • Lot Size Area: 6272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Sep 26, 2023
Sold by
Sook Hee Park Living Trust
Bought by
Garduno David and Garduno Carlos Antonia
Seller's Agent
Alejandra Sorensen
Christie's International Real Estate SoCal
Buyer's Agent
Manuel Agosto
CASA CENTRAL REALTY
List Price
$850,000
Sold Price
$915,000
Premium/Discount to List
$65,000
7.65%
Views
115
Current Estimated Value
$1,086,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,488
Avg. Annual Appreciation
8.65%
Original Mortgage
$726,200
Outstanding Balance
$712,214
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$374,274

Purchase Details

Closed on
Nov 4, 2022
Sold by
Park Sook Hee
Bought by
Sook Hee Park Living Trust

Purchase Details

Closed on
Nov 10, 1998
Sold by
Almaguer Enrique C
Bought by
Park Chong K and Park Sook Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.91%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Fbs Mtg Corp
Bought by
Almaguer Enrique C and Almaguer Soledad Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.67%

Purchase Details

Closed on
Oct 21, 1993
Sold by
Interstate Trust Deed Service Inc
Bought by
First Wisconsin Trust Company
Source: Public Records

Range of Values:

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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
Garduno David $915,000 Provident Title Company
Sook Hee Park Living Trust -- Accommodation/Courtesy Recordi
Park Chong K $217,500 Gateway Title Company
Almaguer Enrique C $205,000 Stewart Title Insurance
First Wisconsin Trust Company $336,133 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garduno David $726,200
Previous Owner Park Chong K $174,000
Previous Owner Almaguer Enrique C $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2023 10/04/23 Sold $915,000 +7.6% $568 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/30/2023 08/30/23 For Sale $850,000 -- $527 / Sq Ft
Source: The MLS

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 $11,502 $933,300 $657,492 $275,808
2024 $11,502 $915,000 $644,600 $270,400
2023 $4,400 $327,714 $183,218 $144,496
2022 $4,188 $321,289 $179,626 $141,663
2021 $4,087 $314,990 $176,104 $138,886
2019 $4,036 $305,649 $170,882 $134,767
2018 $3,802 $299,657 $167,532 $132,125
2016 $3,679 $288,024 $161,028 $126,996
2015 $3,627 $283,699 $158,610 $125,089
2014 $3,431 $278,143 $155,504 $122,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-296971

The MLS

APN: 6251-009-005