NOT LISTED FOR SALE

7912 4th Place Downey, CA 90241

Estimated Value: $1,117,912 - $1,217,000

4 Beds
2.5 Baths
1,886 Sq Ft
$617/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $1,135,000 $602 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,449/month

28 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Walk-In Closet
  • Wood Flooring
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of November 2024

Cape Cod 2-Story Home in Orange Estates!! This charming 4 bedroom, 3 bath home boasts an inviting living room with marble fireplace and hardwood floors, and a sunny kitchen with large dining area. There's 1 bedroom downstairs with a remodeled three-quarter bath and three bedrooms upstairs, two of which have oversized walk in closets. The backyard has a large covered patio and fruit trees too. Best of all, there's a 3 car detached garage with extra parking adjacent. Other features of the home include an inside laundry room, new water heater, central air and heater, newer windows, and newer electrical panel. The property is near Furman Park and Rio Hondo Elementary to the west and Downtown Downey to the east.

Last Agent to Sell the Property

Michael Berdelis

24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01234589 Listed on: 10/03/2024

Last Buyer's Agent

Rafael Viramontes

Elevate Real Estate License #01150679

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 5,760 Sq Ft Lot
  • Sprinkler System
  • Property is zoned DOR105

Parking

  • 3 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Parking Lot

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet

Schools

  • Rio Hondo Elementary School
  • Griffiths Middle School
  • Warren High School

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 81
  • Tax Tract Number 8960
  • Assessor Parcel Number 6251020030
  • $522 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR105
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251020030
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1886.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 601.80
  • Room Type: Living Room, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Rio Hondo
  • High School: Warren
  • Middle Or Junior School: Griffiths
  • Elementary School #2: RIOHON
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 5760.00
  • Lot Size Acres: 0.1322

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5760.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.01
  • Tax Lot: 81
  • Tax Tract Number: 8960
  • TaxOtherAnnualAssessmentAmount: 522.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 29, 2024
Sold by
Morales Varela Trust and Morales Alberto E
Bought by
Alvarez-Becerra Leticia and Alvarez-Becerra Ilan Michael
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Rafael Viramontes
Elevate Real Estate
List Price
$1,150,000
Sold Price
$1,135,000
Premium/Discount to List
-$15,000
-1.3%
Views
79
Current Estimated Value
$1,162,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,978
Avg. Annual Appreciation
2.24%
Original Mortgage
$908,000
Outstanding Balance
$899,296
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$263,682

Purchase Details

Closed on
Jul 13, 2017
Sold by
Morales Alberto E
Bought by
Morales Alberto E and Morales Marilyn A Varela

Purchase Details

Closed on
Mar 23, 2009
Sold by
Varela Ralph George and Varela Marilyn
Bought by
Varela Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2003
Sold by
Varela Rafael Jorge and Varela Rafael Jorge
Bought by
Varela Rafael Jorge and Rafael Jorge & Maria E Varela Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Varela Rafael Jorge and Varela Maria E
Bought by
The Varela Revocable Living Trust

Purchase Details

Closed on
Oct 30, 1996
Sold by
Bankers Trust Company
Bought by
Varela Rafael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.76%

Purchase Details

Closed on
Apr 2, 1996
Sold by
Torres Juventino and Torres Beatriz
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez-Becerra Leticia $1,135,000 Monarch Title
Morales Alberto E -- None Available
Morales Alberto E -- None Available
Varela Marilyn -- First American Title Co La
Varela Rafael Jorge -- Ticor Title Co
The Varela Revocable Living Trust -- --
Varela Rafael J $200,000 First Southwestern Title Co
Bankers Trust Company $222,473 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez-Becerra Leticia $908,000
Previous Owner Varela Marilyn $260,000
Previous Owner Varela Rafael Jorge $97,500
Previous Owner Varela Rafael J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $1,135,000 +0.9% $602 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
10/23/2024 10/23/24 Price Changed $1,125,000 -2.2% $597 / Sq Ft
10/03/2024 10/03/24 For Sale $1,150,000 -- $610 / 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 $4,266 $1,135,000 $872,300 $262,700
2024 $4,266 $319,328 $164,773 $154,555
2023 $4,126 $313,068 $161,543 $151,525
2022 $3,925 $306,930 $158,376 $148,554
2021 $3,825 $300,913 $155,271 $145,642
2019 $3,727 $291,989 $150,666 $141,323
2018 $3,581 $286,264 $147,712 $138,552
2016 $3,457 $275,150 $141,977 $133,173
2015 $3,407 $271,018 $139,845 $131,173
2014 $3,223 $265,710 $137,106 $128,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24205259

California Regional Multiple Listing Service (CRMLS)

APN: 6251-020-030