Seller's Agent in 2024
Pam Adame
Keller Williams R. E. Services
(818) 209-0537
12 Total Sales
7824 Melva St Downey, CA 90242
Estimated Value: $788,000 - $853,738
2
Beds
1
Bath
1,234
Sq Ft
$659/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- No HOA
- Laundry Room
- Williams Elementary School Rated 9+
- Neighborhood Views
- Central Heating and Cooling System
About This Home
As of December 2024Welcome to this charming single-family home nestled in a desirable neighborhood in Downey. While it is listed as a 2-bedroom, 1-bath on title, the home shows as a 3-bedroom, 1.5-bath layout. Spanning 1,234 square feet, this residence sits on an expansive 10,076 square foot lot, providing ample outdoor space for entertaining or potential expansion. With its prime location and spacious lot, this property is a fantastic opportunity to enjoy comfortable living in a sought-after community. This is a rare opportunity to craft a home that suits your unique needs or invest in a property with limitless potential. This home is ideal for both seasoned developers and aspiring homeowners with a vision for the future. Its prime location offers easy access to freeways, local amenities, top-rated schools, shopping centers, and public transportation, ensuring convenience and connectivity. Whether you're looking to create a dream home or capitalize on the investment potential, this property offers endless possibilities in a highly desirable Downey neighborhood.
Last Agent to Sell the Property
Keller Williams R. E. Services Brokerage Phone: 818-209-0537 License #01804721 Listed on: 09/23/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1949
Lot Details
- 10,078 Sq Ft Lot
- Property is zoned DOR105
Parking
- 1 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,234 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
Schools
- Alameda Elementary School
- Sussman Middle School
- Downey High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 13091
- Assessor Parcel Number 6245002016
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2024
Closed on
Oct 15, 2024
Sold by
Han Changho
Bought by
Lee Hyung Mi
Seller's Agent
Pam Adame
Keller Williams R. E. Services
Buyer's Agent
Alexis Kim
Keller Williams Larchmont
List Price
$749,000
Sold Price
$767,000
Premium/Discount to List
$18,000
2.4%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,185
Avg. Annual Appreciation
5.78%
Original Mortgage
$651,950
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 10, 2024
Sold by
Russell D Lecaro Living Trust and Lynn Marlene Kelly 2020 Living Trust
Bought by
Han Kyu Min and Lee Hyung Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,950
Interest Rate
6.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2021
Sold by
Lecaro Russell and Kelly Lynn
Bought by
Lecaro Russell and Kelly Lynn Marlene
Purchase Details
Closed on
Jul 31, 2020
Sold by
Lecaro Russell
Bought by
Kelly Lynn and Lecaro Russell
Purchase Details
Closed on
May 2, 2017
Sold by
Wilson Darla J and Wilba O Lecaro Living Trust
Bought by
William A Lecaro Revocable Trust
Purchase Details
Closed on
Aug 8, 2000
Sold by
Lecaro Wilba O
Bought by
Lecaro Wilba O and The Wilba O Lecaro Living Trus
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Hyung Mi | -- | Old Republic Title Company | |
| Lee Hyung Mi | -- | Old Republic Title Company | |
| Han Kyu Min | $767,000 | Old Republic Title Company | |
| Han Kyu Min | $767,000 | Old Republic Title Company | |
| Lecaro Russell | -- | None Available | |
| Kelly Lynn | -- | None Available | |
| William A Lecaro Revocable Trust | -- | None Available | |
| Lecaro Wilba O | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Han Kyu Min | $651,950 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $767,000 | +2.4% | $622 / Sq Ft |
| 12/06/2024 12/06/24 | Price Changed | $749,000 | 0.0% | $607 / Sq Ft |
| 12/06/2024 12/06/24 | For Sale | $749,000 | 0.0% | $607 / Sq Ft |
| 10/11/2024 10/11/24 | Price Changed | $749,000 | 0.0% | $607 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $749,000 | 0.0% | $607 / Sq Ft |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | For Sale | $749,000 | -- | $607 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,487 | $767,000 | $640,300 | $126,700 |
| 2024 | $8,487 | $663,255 | $530,604 | $132,651 |
| 2023 | $8,198 | $650,250 | $520,200 | $130,050 |
| 2022 | $7,786 | $637,500 | $510,000 | $127,500 |
| 2021 | $5,805 | $465,332 | $385,991 | $79,341 |
| 2020 | $5,719 | $460,562 | $382,034 | $78,528 |
| 2019 | $5,659 | $451,533 | $374,544 | $76,989 |
| 2018 | $5,442 | $442,680 | $367,200 | $75,480 |
| 2016 | $5,300 | $434,000 | $304,000 | $130,000 |
| 2015 | $5,044 | $412,000 | $289,000 | $123,000 |
| 2014 | $4,852 | $412,000 | $289,000 | $123,000 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Adame
-
Alexis Kim
Buyer's Agent in 2024
Alexis Kim
Keller Williams Larchmont
(213) 200-5882
63 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD24186475
APN: 6245-002-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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