NOT LISTED FOR SALE

7921 4th Place Downey, CA 90241

Estimated Value: $1,335,000 - $1,666,000

4 Beds
3 Baths
2,877 Sq Ft
$539/Sq Ft Est. Value

Last Sold July 03, 2019

Last sale price $1,055,000 $367 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,421/month

34 Days on Market

Highlights

  • Private Pool
  • Bonus Room with Fireplace
  • Double Oven
  • Warren High School Rated A-
  • No HOA
  • Views

About This Home

As of July 2019

Price Reduction Seller motivated!!Luxury living at its finest! This luxurious 4 bedroom 3 bath in Orange Estates is a dream home in a high-end community. Spanning over 2800 SF, this magnificent residence graced by soaring ceilings and wall-to-wall windows is a haven for gazing at the pool view from multiple vantage points. The grand entryway with a sweeping staircase draws you into a voluminous layout made for entertaining. The 2-story great room with sliding doors to the rear deck is the dramatic focal point of the main level, accompanied by an elegant formal dining room, tremendous chef's kitchen, den/family room with a fireplace and glass doors to the backyard. The divine master suite presents an opulent ensuite bath with a soaking tub and separate glass shower. The lower level houses a large rec room with wood floors and a wet bar. Laundry is conveniently located on the main level. This home has been completely remodeled, new master bathroom, new roof, new kitchen, and much more. the style is unique. You must see !!!

Last Agent to Sell the Property

Bertha Tapia-Jaramillo

Dynasty Real Estate License #01956975 Listed on: 05/03/2019

Dynasty Real Estate

Last Buyer's Agent

Aaron Mejia

Christie's Int. R.E. SoCal License #01896881

Christie's Int. R.E. SoCal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,216

Year Built

  • Built in 1937

Lot Details

  • 0.26 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 2 Car Garage

Interior Spaces

  • 2,877 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Laundry Room
  • Property Views

Kitchen

  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Pool
  • Outdoor Grill

Schools

  • Warren High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 8960
  • Assessor Parcel Number 6251021027

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,216

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251021027
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2877.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Bonus Room, Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 366.70
  • Room Type: Bonus Room

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Microwave
  • Heating Type: Central
  • 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

  • School District: Downey Unified
  • High School: Warren
  • High School: Warren
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11532.00
  • Lot Size Acres: 0.2647

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11532.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.00
  • Tax Lot: 108
  • Tax Tract Number: 8960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 1, 2019
Sold by
Ibarra Delfina
Bought by
Mendoza Ismael G
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Aaron Mejia
Christie's Int. R.E. SoCal
List Price
$1,150,000
Sold Price
$1,055,000
Premium/Discount to List
-$95,000
-8.26%
Total Days on Market
34
Current Estimated Value
$1,551,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,904
Avg. Annual Appreciation
6.70%
Original Mortgage
$222,869
Outstanding Balance
$196,918
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,354,986

Purchase Details

Listed on
May 3, 2019
Closed on
Jun 20, 2019
Sold by
Gonzalez Luis E
Bought by
Mendoza Ismael G
Seller's Agent
Bertha Tapia-Jaramillo
Dynasty Real Estate
Buyer's Agent
Aaron Mejia
Christie's Int. R.E. SoCal
List Price
$1,150,000
Sold Price
$1,055,000
Premium/Discount to List
-$95,000
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,869
Outstanding Balance
$196,918
Interest Rate
3.82%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,354,986

Purchase Details

Closed on
Sep 8, 2006
Sold by
Ply Sheri
Bought by
Gonzalez Luis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Ply Sheri and Ply Horany Sheri
Bought by
Ply Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2001
Sold by
Risser Paul C and Risser Marilee J
Bought by
Ply Horany Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.99%

Purchase Details

Closed on
Dec 3, 1993
Sold by
Risser Paul C
Bought by
Risser Paul C and Risser Marilee J

Purchase Details

Closed on
Jul 29, 1993
Sold by
Risser Paul C and Risser Marilee J
Bought by
Risser Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
7.34%
Source: Public Records

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Range of Values:

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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
Mendoza Ismael G -- Ticor Title
Mendoza Ismael G $1,055,000 Ticor Title
Gonzalez Luis E $1,025,000 Advantage Title Inc
Ply Sheri -- Commerce Title
Ply Horany Sheri $535,000 Chicago Title Co
Risser Paul C -- --
Risser Paul C -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Ismael G $222,869
Open Mendoza Ismael G $726,525
Previous Owner Gonzalez Luis E $768,750
Previous Owner Ply Sheri $512,500
Previous Owner Ply Sheri $495,000
Previous Owner Ply Horany Sheri $475,000
Previous Owner Ply Horany Sheri $400,000
Previous Owner Risser Paul C $314,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2019 07/03/19 Sold $1,055,000 -8.3% $367 / Sq Ft
05/03/2019 05/03/19 For Sale $1,150,000 -- $400 / 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
2024 $14,216 $1,131,169 $735,529 $395,640
2023 $13,727 $1,108,990 $721,107 $387,883
2022 $13,030 $1,087,246 $706,968 $380,278
2021 $12,771 $1,065,928 $693,106 $372,822
2020 $12,574 $1,055,000 $686,000 $369,000
2019 $11,007 $909,000 $684,800 $224,200
2018 $10,211 $849,000 $639,600 $209,400
2016 $8,674 $710,000 $534,900 $175,100
2015 $8,677 $710,000 $534,900 $175,100
2014 $8,336 $710,000 $534,900 $175,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19102573

California Regional Multiple Listing Service (CRMLS)

APN: 6251-021-027