NOT LISTED FOR SALE

9043 Gallatin Rd Downey, CA 90240

Estimated Value: $1,034,593 - $1,136,000

4 Beds
2 Baths
1,485 Sq Ft
$738/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $700,000 $471 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,523/month

33 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Central Air
  • Downey High School Rated A-
  • Laundry Room
  • 4-minute walk to Dennis the Menace Park

About This Home

As of August 2019

4 bedrooms, 2 bathroom home

Last Agent to Sell the Property

Judi Reimer

First Team Real Estate License #01218767 Listed on: 05/24/2019

First Team Real Estate

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 10,127 Sq Ft Lot
  • Private Yard
  • Lawn
  • Property is zoned DOR110

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16816
  • Assessor Parcel Number 6389001002

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR110
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6389001002
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1485.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Decorative
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 471.38
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Yard
  • Lot Size Sq Ft: 10127.00
  • Lot Size Acres: 0.2325

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10127.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5505.00
  • Tax Lot: 2
  • Tax Tract Number: 16816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 2, 2019
Sold by
Morgan Picks Two Llc
Bought by
Colerick Nicholas J and Sanchez Jessica Denisse De Lun
Seller's Agent
Judi Reimer
First Team Real Estate
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$699,000
Sold Price
$700,000
Premium/Discount to List
$1,000
0.14%
Current Estimated Value
$1,095,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,648
Avg. Annual Appreciation
7.19%
Original Mortgage
$629,930
Outstanding Balance
$551,648
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$544,000

Purchase Details

Closed on
Apr 20, 2018
Sold by
Lizarraga Guillermo and Lizarraga Maria L
Bought by
Morgan Picks Two Llc

Purchase Details

Closed on
Jan 12, 2006
Sold by
Basulton Sofia
Bought by
Gallatin Holdings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 13, 2005
Sold by
Gallatin Holdings
Bought by
Lizarraga Guillermo and Lizarraga Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 3, 2005
Sold by
Vazquez Jose and Vazquez Leonor
Bought by
Basulto Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Trader Elizabeth M and The Trader Trust
Bought by
Vazquez Jose and Vazquez Leonor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Colerick Nicholas J $700,000 Western Resources Title
Morgan Picks Two Llc $464,000 Accommodation
Gallatin Holdings -- --
Lizarraga Guillermo $725,000 Security Union Title
Basulto Sofia $550,000 Sut
Vazquez Jose $425,000 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colerick Nicholas J $629,930
Previous Owner Lizarraga Guillermo $507,500
Previous Owner Basulto Sofia $440,000
Previous Owner Vazquez Jose $382,500
Closed Basulto Sofia $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $700,000 +0.7% $471 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $695,000 +3.0% $468 / Sq Ft
05/24/2019 05/24/19 Price Changed $674,900 -3.4% $454 / Sq Ft
05/24/2019 05/24/19 For Sale $699,000 -- $471 / 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 $9,528 $765,549 $612,440 $153,109
2024 $9,528 $750,539 $600,432 $150,107
2023 $9,202 $735,823 $588,659 $147,164
2022 $8,737 $721,396 $577,117 $144,279
2021 $8,559 $707,251 $565,801 $141,450
2019 $6,760 $550,800 $358,020 $192,780
2018 $6,276 $516,000 $413,000 $103,000
2016 $5,888 $478,000 $383,000 $95,000
2015 $5,889 $478,000 $383,000 $95,000
2014 $4,801 $401,000 $321,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19119716

California Regional Multiple Listing Service (CRMLS)

APN: 6389-001-002