NOT LISTED FOR SALE

7914 Gallatin Rd Downey, CA 90240

Estimated Value: $1,026,514 - $1,292,000

4 Beds
3 Baths
2,113 Sq Ft
$545/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $611,000 $289 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,804/month

55 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • 2 Car Attached Garage

About This Home

As of March 2015

**** BEAUTIFUL TOTALLY REMODELLED NORTH DOWNEY HOME ***
Newly Remodeled Beautiful 4 bedrooms, 2 baths, Hallway bathroom has full bath and shower, gated Front, long driveway, large 2 car detached garage with Large room next to garage with window, Master Suit with Jacuzzi Tub, Large Living Room, beautiful family room with Fireplace and double French door to patio, New Kitchen with Granite counters, New stainless Steel appliances ( Double Door refrigerator, Stove, Microwave and Dishwasher), Recess lighting. Large Living Room with beautiful bay window overlooking to patio, Huge patio with Fountain and large built-in outdoor BBQ. Gorgeous landscaping front and rear,
*** Your clients will love this beauty, don't wait !! ***

Last Agent to Sell the Property

Ray Sedighi

Citywide Group Inc. License #01005198 Listed on: 12/27/2014

Last Buyer's Agent

Janice Sadler

Redfin License #01359319

Redfin

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 8,609 Sq Ft Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,113 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Urban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6365022002

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All Kitchen Appliances, Double Door refrigerator, Stove, Microwave and Dishwasher
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6365022002
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2113.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 289.16
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8609.00
  • Lot Size Acres: 0.1980

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8609.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2014
Closed on
Mar 13, 2015
Sold by
Majid & Media Llc
Bought by
Marangopoulos Christ and Mojarro Yesenia
Seller's Agent
Ray Sedighi
Citywide Group Inc.
Buyer's Agent
Janice Sadler
Redfin
List Price
$669,888
Sold Price
$611,000
Premium/Discount to List
-$58,888
-8.79%
Current Estimated Value
$1,151,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,879
Avg. Annual Appreciation
6.05%
Original Mortgage
$488,800
Outstanding Balance
$372,427
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$779,452

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 19, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Majid & Media Llc
Seller's Agent
Miguel Vazquez
Home Central Realty
Buyer's Agent
Ray Sedighi
Citywide Group Inc.
List Price
$500,800
Sold Price
$477,700
Premium/Discount to List
-$23,100
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.09%

Purchase Details

Closed on
Apr 11, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Dec 30, 2010
Sold by
Velasco Jose Maria and Velasco Maria Raquel
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 21, 2006
Sold by
Velasco Jose Maria and Velasco Maria Raquel
Bought by
Velasco Jose Maria and Velasco Maria Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 14, 2003
Sold by
Minnix Roger L and Minnix Laquetta
Bought by
Velasco Jose M and Velasco Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 1995
Sold by
Minnix Roger L and Minnix Laquetta
Bought by
Minnix Roger L and Minnix Laquetta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Marangopoulos Christ $611,000 Pacific Coast Title
Majid & Media Llc $478,000 Fatco
Nationstar Mortgage Llc $478,000 None Available
Aurora Loan Services Llc $435,000 None Available
Velasco Jose Maria -- North American Title Co
Velasco Jose M $560,000 Fidelity
Minnix Roger L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marangopoulos Christ $488,800
Previous Owner Velasco Jose Maria $637,500
Previous Owner Velasco Jose M $448,000
Closed Velasco Jose M $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2015 03/19/15 Sold $611,000 -2.4% $289 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/12/2015 02/12/15 Price Changed $625,900 -0.6% $296 / Sq Ft
01/10/2015 01/10/15 Price Changed $629,888 -6.0% $298 / Sq Ft
12/27/2014 12/27/14 For Sale $669,888 +40.2% $317 / Sq Ft
06/24/2014 06/24/14 Sold $477,700 -4.6% $226 / Sq Ft View Prior Sale
05/22/2014 05/22/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $500,800 -- $237 / 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 $9,225 $734,320 $442,877 $291,443
2024 $9,225 $719,923 $434,194 $285,729
2023 $8,912 $705,808 $425,681 $280,127
2022 $8,466 $691,970 $417,335 $274,635
2021 $8,289 $678,402 $409,152 $269,250
2019 $8,078 $658,282 $397,017 $261,265
2018 $7,813 $645,376 $389,233 $256,143
2016 $7,582 $620,317 $374,119 $246,198
2015 $6,036 $487,550 $341,693 $145,857
2014 $5,552 $465,079 $282,183 $182,896
Source: Public Records

Agents Affiliated with this Home

  • Ray Sedighi

    Seller's Agent in 2015

    Ray Sedighi

    Citywide Group Inc.

    (562) 776-1515

    3 Total Sales

    Ray Sedighi
    Section Image

  • J

    Buyer's Agent in 2015

    Janice Sadler

    Redfin

    Section Image
  • Miguel Vazquez

    Seller's Agent in 2014

    Miguel Vazquez

    Home Central Realty

    (562) 881-9811

    43 Total Sales

    Miguel Vazquez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14262950

California Regional Multiple Listing Service (CRMLS)

APN: 6365-022-002

California Los Angeles County Downey 90240

7914 Gallatin Rd, Downey, CA

Not Listed for Sale

Detached

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