NOT LISTED FOR SALE

9748 Richeon Ave Downey, CA 90240

Estimated Value: $844,000 - $930,000

3 Beds
2 Baths
1,254 Sq Ft
$708/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $300,000 $239 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $5,085/month

7 Days on Market

Highlights

  • In Ground Pool
  • Corner Lot
  • Cooling Available
  • Price Elementary School Rated A-
  • No HOA

About This Home

As of December 2012

Excellent opportunity for anyone looking close to Los Angeles. Property is in need of some repairs. Property has a swimming pool. Close to schools and freeway.

Last Agent to Sell the Property

Rafael Ortiz

ORTIZ HOMES License #01219721 Listed on: 06/13/2012

Last Buyer's Agent

Rafael Ortiz

ORTIZ HOMES License #01219721 Listed on: 06/13/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1951

Lot Details

  • 8,036 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,254 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 76
  • Tax Tract Number 16717
  • Assessor Parcel Number 6360002010

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,159

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6360002010
  • Year Built: 1951
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 1254.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 239.23

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00

Utilities

  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8036.00
  • Lot Size Acres: 0.1840

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8036.0000 Square Feet

Tax Info

  • Tax Lot: 76
  • Tax Tract Number: 16717

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Castro Renan and Castro Blanca
Bought by
Castro Renan and Castro Blanca
Current Estimated Value
$887,528

Purchase Details

Listed on
Jun 13, 2012
Closed on
Dec 10, 2012
Sold by
Frausto Francisco J
Bought by
Castro Renan and Castro Blanca Adriana
Seller's Agent
Rafael Ortiz
ORTIZ HOMES
Buyer's Agent
Rafael Ortiz
ORTIZ HOMES
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$314,204
Outstanding Balance
$217,692
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$669,836

Purchase Details

Closed on
Oct 16, 2012
Sold by
Marianna Rotter Jorge Vasquez Maria Sant
Bought by
Frausto Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Outstanding Balance
$217,692
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$669,836

Purchase Details

Closed on
Oct 26, 2011
Sold by
Frausto Francisco J
Bought by
Rotter Marianna and Vasquez Jorge

Purchase Details

Closed on
Oct 19, 2006
Sold by
Saravia Alonso D
Bought by
Frausto Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Alonzo Cecilia
Bought by
Saravia Alonso D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 1, 2004
Sold by
Peters Blanche B
Bought by
Alonzo Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
8.5%
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
Castro Renan -- None Available
Castro Renan $320,000 Usa National Title
Frausto Francisco J -- None Available
Rotter Marianna -- None Available
Frausto Francisco Javier $675,000 Orange Coast Title Company
Saravia Alonso D $589,000 Ticor Title Co
Alonzo Cecilia $415,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Renan $314,204
Previous Owner Frausto Francisco Javier $540,000
Previous Owner Saravia Alonso D $471,200
Previous Owner Alonzo Cecilia $394,250
Closed Saravia Alonso D $117,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $300,000 +15.4% $239 / Sq Ft
07/05/2012 07/05/12 Price Changed $260,000 -23.3% $207 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $339,000 -- $270 / 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 $5,159 $394,048 $315,242 $78,806
2024 $5,159 $386,322 $309,061 $77,261
2023 $4,989 $378,748 $303,001 $75,747
2022 $4,745 $371,322 $297,060 $74,262
2021 $4,638 $364,042 $291,236 $72,806
2019 $4,522 $353,247 $282,599 $70,648
2018 $4,325 $346,321 $277,058 $69,263
2016 $4,194 $332,874 $266,300 $66,574
2015 $4,135 $327,874 $262,300 $65,574
2014 $3,908 $321,452 $257,162 $64,290
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rafael Ortiz

    ORTIZ HOMES

    (626) 806-6625

    33 Total Sales

    Rafael Ortiz
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12077063

California Regional Multiple Listing Service (CRMLS)

APN: 6360-002-010

California Los Angeles County Downey 90240

9748 Richeon Ave, Downey, CA

This home is located at 9748 Richeon Ave, Downey, CA 90240 since 13 June 2012 and is currently estimated at $887,528, approximately $707 per square foot. This property was built in 1951. 9748 Richeon Ave is a home located in Los Angeles County with nearby schools including Price Elementary School, Griffiths Middle School, and Warren High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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