NOT LISTED FOR SALE

7824 Burns Ave Downey, CA 90241

Downey Area
16 Beds
8 Baths
6,700 Sq Ft
1.02 Acre Lot

Sale Details

Date Sold: May 9, 2014

Last sale price $1,350,000 $201 Per Sq Ft

14 Days on Market

About This Home

As of May 2014

Very nice 3 bedroom 2 bath home in rear great for owner with lots of extended family. A 3 bedroom 1 bath in front and five (5) 2 bedroom one bath homes with identical floor plan. Each home has it own yard. This property is behind the Stater Brothers store and other commercial businesses. Great access to shopping, transportation and schools . One street south of Firestone Blvd. just west of Paramount Blvd. All offers must be submitted with proof of pre-approved credit, bank statements as proof of funds available to purchase. Submit offers subject to interior inspection. DO NOT DISTURB TENANTS!!!!!!!! Drive by only. Call agent for any information needed.

Last Agent to Sell the Property

LUCY SANCHEZ

REALTY WORLD CALIFORNIA PROPERTIES License #00849158 Listed on: 02/20/2014

Last Buyer's Agent

LUCY SANCHEZ

REALTY WORLD CALIFORNIA PROPERTIES License #00849158 Listed on: 02/20/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 1.02 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 7 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • 6,700 Sq Ft Home

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 27654
  • Assessor Parcel Number 6247002036

Community Details

Overview

  • 7 Buildings
  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,729
  • Maintenance Expense $2,000
  • Professional Management Expense $1,800
  • Trash Expense $2,015
  • Water Sewer Expense $3,542

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

1.02 Acres

Parking

7

Listing Details

  • Professional Management Expense: 1800.00
  • Property Attached: No
  • Water Sewer Expenses: 3542.00
  • Property Type: Residential Income
  • Parcel Number: 6247002036
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 201.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 7.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 15.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2015.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 44570.00
  • Lot Size Acres: 1.0230

Multi Family

  • Average2 Bed Area: 900
  • Average3 Bed Area: 1200
  • Insurance Expense: 2729.00
  • Lot Size Area: 44570.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Rent Control: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 27654
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2014
Closed on
Mar 27, 2014
Sold by
Bought by
Seller's Agent
LUCY SANCHEZ
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
LUCY SANCHEZ
REALTY WORLD CALIFORNIA PROPERTIES
List Price
$1,549,000
Sold Price
$1,350,000
Premium/Discount to List
-$199,000
-12.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,350,000 Fidelity National Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $700,000
Previous Owner $775,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2014 05/09/14 Sold $1,350,000 -12.8% $201 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $1,549,000 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,831 $1,654,905 $858,100 $796,805
2024 $22,337 $1,622,457 $841,275 $781,182
2023 $21,624 $1,590,645 $824,780 $765,865
2022 $20,612 $1,559,457 $808,608 $750,849
2021 $20,091 $1,528,880 $792,753 $736,127
2020 $19,807 $1,513,204 $784,625 $728,579
2019 $19,619 $1,483,535 $769,241 $714,294
2018 $18,219 $1,454,447 $754,158 $700,289
2016 $17,637 $1,397,971 $724,874 $673,097
2015 $17,404 $1,376,973 $713,986 $662,987
2014 -- $212,557 $79,967 $132,590
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14037277

California Regional Multiple Listing Service (CRMLS)
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