NOT LISTED FOR SALE

7971 4th Place Downey, CA 90241

Estimated Value: $1,060,000 - $1,232,000

4 Beds
3 Baths
2,211 Sq Ft
$513/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $760,000 $344 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,083/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Den
  • Warren High School Rated A-
  • No HOA
  • Open to Family Room

About This Home

As of November 2020

Situated in heart of beautiful Downey. This updated well maintained move in condition Contemporary Home offers a sizeable front yard, 4 bedrooms and 3 baths in a 2,211 sqft (approx) on a flat lot 8,082 sqft (approx.). The interior offers a spacious living room, family room, and a quaint dining room. Home also offers large windows bringing in natural light. Laundry area is conveniently inside the garage. The property is conveniently located near dining, shopping stores like Downey Landing, Stonewood Center, and recreation destinations. Come and take a tour!

Last Agent to Sell the Property

Luz Amador

Far West Realty License #01797848 Listed on: 09/04/2020

Last Buyer's Agent

George Ruiz

VIP RE Firm License #01781774

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,262

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 8,102 Sq Ft Lot
  • Corner Lot
  • Property is zoned DOR105

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 2,211 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Carbon Monoxide Detectors

Kitchen

  • Open to Family Room
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry in Garage

Accessible Home Design

  • Accessible Parking

Schools

  • Downey High School

Utilities

  • Cooling System Powered By Gas
  • Standard Electricity
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 8960
  • Assessor Parcel Number 6251021017

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,262

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove and Refrigerator
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Zoning: DOR105
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251021017
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2211.00 Square Feet
  • Interior Amenities: Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 343.74
  • Room Type: All Bedrooms Down, Den, Living Room
  • Bathroom Features: Double Sinks In Bath(s)
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Fence: No
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Electric: Standard
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Downey Unified
  • High School: Downey
  • High School: Downey
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8102.00
  • Lot Size Acres: 0.1860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8102.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5508.00
  • Tax Lot: 98
  • Tax Tract Number: 8960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Sep 15, 2020
Sold by
Fitchett Adam S and Fitchett Armida R
Bought by
Lopez Lidia and Lopez Elvia
Seller's Agent
Luz Amador
Far West Realty
Buyer's Agent
George Ruiz
VIP RE Firm
List Price
$740,000
Sold Price
$760,000
Premium/Discount to List
$20,000
2.7%
Current Estimated Value
$1,137,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,614
Avg. Annual Appreciation
8.77%
Original Mortgage
$608,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1998
Sold by
Rudd Ruth
Bought by
Fitchett Adam S and Fitchett Armida R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
6.97%

Purchase Details

Closed on
Jun 26, 1995
Sold by
Rudd Ruth E and The Ruth E Rudd Revocable Trus
Bought by
Rudd Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.88%
Source: Public Records

Range of Values:

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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
Lopez Lidia $760,000 Lawyers Title Company
Fitchett Adam S $210,000 Orange Coast Title
Rudd Ruth E -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lidia $150,000
Previous Owner Lopez Lidia $608,000
Previous Owner Fitchett Adam S $418,600
Previous Owner Fitchett Adam S $384,500
Previous Owner Fitchett Adam S $380,000
Previous Owner Fitchett Adam S $20,000
Previous Owner Fitchett Adam S $320,000
Previous Owner Fitchett Adam S $293,000
Previous Owner Fitchett Adam S $253,000
Previous Owner Fitchett Adam S $17,741
Previous Owner Fitchett Adam S $189,000
Previous Owner Rudd Ruth E $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $760,000 +2.7% $344 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $740,000 -- $335 / 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 $10,262 $822,645 $638,416 $184,229
2024 $10,262 $806,516 $625,899 $180,617
2023 $9,912 $790,703 $613,627 $177,076
2022 $9,413 $775,200 $601,596 $173,604
2021 $9,219 $760,000 $589,800 $170,200
2019 $3,981 $300,574 $164,744 $135,830
2018 $3,786 $294,681 $161,514 $133,167
2016 $3,655 $283,241 $155,244 $127,997
2015 $3,604 $278,988 $152,913 $126,075
2014 $3,412 $273,524 $149,918 $123,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20184542

California Regional Multiple Listing Service (CRMLS)

APN: 6251-021-017