NOT LISTED FOR SALE

7972 4th Place Downey, CA 90241

Estimated Value: $940,000 - $1,140,000

2 Beds
2 Baths
1,787 Sq Ft
$572/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $391,000 $219 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $6,139/month

19 Days on Market

Highlights

  • No HOA
  • Warren High School Rated A-
  • Central Air

About This Home

As of February 2014

Cute Downey home with three bedrooms and mature fruit trees in backyard. Home features living room and family room. All bedrooms up with one bathroom upstairs and one downstairs. Nice for a small family.

Last Agent to Sell the Property

Elizabeth Alvarez

Team Investors Realty License #00907039 Listed on: 11/14/2013

Last Buyer's Agent

Gina Miranda

Brick & Co. Real Estate License #01241864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,137

Year Built

  • Built in 1945

Lot Details

  • 6,838 Sq Ft Lot
  • Property fronts an alley

Parking

  • 1 Car Garage

Interior Spaces

  • 1,787 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Private Water Source
  • Sewer Assessments

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 93
  • Tax Tract Number 8960
  • Assessor Parcel Number 6251020023

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,137

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251020023
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1787.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 218.80
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Sewer Assessments
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 6838.00
  • Lot Size Acres: 0.1570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6838.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 93
  • Tax Tract Number: 8960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2019
Sold by
Ortiz Melissa and Reyes Eric A
Bought by
Ortiz Melissa and Reyes Eric A
Current Estimated Value
$1,027,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$60,457
Interest Rate
3.8%
Mortgage Type
Stand Alone Second
Estimated Equity
$961,234

Purchase Details

Listed on
Nov 14, 2013
Closed on
Jan 10, 2014
Sold by
Flores Charles A
Bought by
Ortiz Melissa and Reyes Eric A
Seller's Agent
Elizabeth Alvarez
Team Investors Realty
Buyer's Agent
Gina Miranda
Brick & Co. Real Estate
List Price
$410,000
Sold Price
$391,000
Premium/Discount to List
-$19,000
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$312,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2013
Sold by
Campo Contreras Susana
Bought by
Flores Charles A

Purchase Details

Closed on
Jan 22, 2010
Sold by
Flores Charles A and Campo Contreras Susana
Bought by
Flores Charles A and Campo Contreras Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,459
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2008
Sold by
Us Bank Na
Bought by
Flores Charles A and Campo Contreras Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,890
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2008
Sold by
Echeverry Jose Edison and Echeverry Claudia A
Bought by
Us Bank Na and Cmlti 2006-Wfhe3

Purchase Details

Closed on
Jan 31, 2006
Sold by
Echeverry Jose Edison
Bought by
Echeverry Jose Edison and Echeverry Claudia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 30, 2005
Sold by
Gazep Inc
Bought by
Echeverry Jose Edison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 24, 2005
Sold by
Echeverry Claudia A
Bought by
Echeverry Jose Edison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2005
Sold by
Echeverry Jose E and Echeverry Claudia
Bought by
Gazep Inc and Powerman Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2005
Sold by
Clayton Paul B
Bought by
Clayton Paul B and The Paul B Clayton Family Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Clayton Paul B and Paul B Clayton Family Trust
Bought by
Echeverry Jose E and Echeverry Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage
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
Ortiz Melissa -- Old Republic Title Company
Ortiz Melissa $391,000 Nations Title Company Of Ca
Flores Charles A -- Accommodation
Flores Charles A -- Lsi Local Solutions
Flores Charles A $492,500 California Title Company
Us Bank Na $471,750 Accommodation
Echeverry Jose Edison -- None Available
Echeverry Jose Edison -- Alliance Title Company
Echeverry Jose Edison -- Alliance Title Company
Gazep Inc -- --
Clayton Paul B -- --
Echeverry Jose E $512,500 Ticor Title Ins & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Melissa $90,000
Open Ortiz Melissa $376,000
Previous Owner Ortiz Melissa $312,000
Previous Owner Flores Charles A $475,852
Previous Owner Flores Charles A $484,459
Previous Owner Flores Charles A $484,890
Previous Owner Echeverry Jose Edison $700,000
Previous Owner Echeverry Jose Edison $135,000
Previous Owner Echeverry Jose Edison $528,000
Previous Owner Echeverry Jose E $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $391,000 -4.6% $219 / Sq Ft
12/03/2013 12/03/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $410,000 -- $229 / 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 $6,137 $479,299 $383,443 $95,856
2024 $6,137 $469,902 $375,925 $93,977
2023 $5,931 $460,689 $368,554 $92,135
2022 $5,637 $451,657 $361,328 $90,329
2021 $5,510 $442,802 $354,244 $88,558
2019 $5,369 $429,670 $343,738 $85,932
2018 $5,212 $421,247 $336,999 $84,248
2016 $5,051 $404,892 $323,914 $80,978
2015 $4,980 $398,811 $319,049 $79,762
2014 $5,027 $420,000 $261,000 $159,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13232517

California Regional Multiple Listing Service (CRMLS)

APN: 6251-020-023