NOT LISTED FOR SALE

9576 Gallatin Rd Downey, CA 90240

Estimated Value: $1,525,000 - $2,251,000

4 Beds
4 Baths
3,915 Sq Ft
$460/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $911,925 $233 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $10,322/month

17 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 4 Car Attached Garage
  • Downey High School Rated A-
  • No HOA
  • Living Room

About This Home

As of April 2019

Spectacular pool home in North East Downey with tremendous potential to restore or rebuild in a highly sought after neighborhood. Property features 4 bedrooms, 4 baths, a pool with diving board, and an oversized 4-car attached garage. Huge upstairs master suite has its own private patio and balcony. This executive estate has over almost 4000 square feet in living space and is prominently positioned on 2 lots totaling over 16,000 sq ft (APN 6391-022-022 and 6391-022-023). In close proximity to 5, 605, and 105 freeways and minutes from shopping, restaurants, schools, parks, and so much more. Sold AS-IS.

Last Agent to Sell the Property

Caroline Gim

Expert Real Estate & Investment License #01366389 Listed on: 04/02/2019

Co-Listed By

Aurora Gim

Expert Real Estate & Investment License #00899718

Last Buyer's Agent

Luisa Quintanilla

Tri-Pillar Realty License #01833148

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.31 Acre Lot
  • Property is zoned DOR110000*

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 3,915 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • In Ground Pool
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6391022022

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR110000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6391022022
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3915.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 232.93
  • Room Type: Family Room, Living Room, Master Suite

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13493.00
  • Lot Size Acres: 0.3098

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13493.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5505.00
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Apr 17, 2019
Sold by
Bear Slearns Alt A Trust
Bought by
Franco Arturo
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Luisa Quintanilla
Tri-Pillar Realty
List Price
$750,000
Sold Price
$911,925
Premium/Discount to List
$161,925
21.59%
Current Estimated Value
$1,799,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$887,094
Avg. Annual Appreciation
10.69%
Original Mortgage
$726,525
Outstanding Balance
$638,745
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,160,274

Purchase Details

Closed on
Aug 16, 2018
Sold by
Mendez Rafael Z and Mendez Elvia
Bought by
Wilmington Trust Na and Citibank Na

Purchase Details

Closed on
May 2, 2003
Sold by
Magana Samuel F and Magana Hortensia R
Bought by
Mendez Rafael Z and Mendez Elvia

Purchase Details

Closed on
Aug 18, 1997
Sold by
Great Western Bank Fsb
Bought by
Magana Samuel and Magana Hortensia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
7.54%

Purchase Details

Closed on
May 23, 1997
Sold by
Martin William and Great Western Bank Fsb
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Oct 27, 1994
Sold by
Martin William
Bought by
Mendez Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,059
Interest Rate
9.1%
Mortgage Type
Seller Take Back
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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Purchase History

Date Buyer Sale Price Title Company
Franco Arturo $912,000 Provident Title
Wilmington Trust Na $774,287 Title365
Mendez Rafael Z -- United Title Company
Magana Samuel $385,000 Stewart Title
Great Western Bank Fsb $294,000 Stewart Title
Mendez Elvia $4,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Arturo $726,525
Previous Owner Magana Samuel $288,750
Previous Owner Mendez Elvia $517,059
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2019 04/29/19 Sold $911,925 +21.6% $233 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $750,000 -- $192 / 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 $11,093 $877,907 $693,850 $184,057
2024 $11,093 $860,695 $680,246 $180,449
2023 $10,720 $843,819 $666,908 $176,911
2022 $10,186 $827,275 $653,832 $173,443
2021 $9,970 $811,055 $641,012 $170,043
2019 $10,095 $820,000 $648,000 $172,000
2018 $11,176 $927,168 $437,344 $489,824
2016 $10,836 $891,166 $420,362 $470,804
2015 $10,619 $872,000 $411,500 $460,500
2014 $9,215 $784,000 $370,000 $414,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19073424

California Regional Multiple Listing Service (CRMLS)

APN: 6391-022-022