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7117 Cole Street

7117 Cole Street, Downey, CA 90242
House in Downey
Sold Feb 28, 2017
$500,000
$484,350 by American Financial Network Inc
Mortgage Due Dec 01, 2049
7117 Cole Street has been categorized by the local assessors in Downey, CA as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7117 Cole Street has 1,625 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 950 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 5,234 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7117 Cole Street was last sold in Feb 1, 2017 for $500,000. According to our calculations, that's $307.69 per sqft. Current property owners are expected to pay $6,640 in taxes per year. The property on 7117 Cole Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $557,755. To break that down further, the land itself was valued at $399,689. While improvements to the property were assessed at a total of $158,066. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,234
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,625
  • Building Area: 1,625
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,625
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 26653
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 26653 LOT/SEC 26

Ownership

  • Current Owner : ALONZO JOSE M
  • Current Owner 2: ALONZO MARTHA
  • Previous Owner : LEHNER ADOLPH L
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551401

Zoning

  • Zoning: DOR1*

Geography

  • Assessors Map Reference: 59-F3
  • Subdivision Tract Number: 26653
  • Parcel: 6232-020-014
  • Lot: 26
  • Municipality: SOUTH /DOWNEY WEST
  • Latitude: 33.9429
  • Longitude: -118.16

    Address

  • Full Address: 7117 Cole St
  • Address - House Number: 7117
  • Address - Street Name: Cole
  • Address - Suffix Type: St
  • State: CA
  • City Name: Downey
  • Carrier Code: C009
  • 4-Digit Zip Code: 2004
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,640
  • Tax Rate Code Area: 03-307

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 820,739
  • High Value: 978,912
  • Low Value: 662,566

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,350
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Nov 27, 2019
  • First Open Lien Mortgage Loan Amount: $484,350
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,755
  • Assessed Land Value: $399,689
  • Assessed Improvements Value: $158,066

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2017
  • Current Sale Recording Date: Feb 28, 2017
  • Current Sale Transaction ID: 1988017771
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-0236095

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Feb 28, 2017
  • First Mortgage Loan Amount: $490,943
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2047

About Downey



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Frequently Asked Questions

What neighborhood is 7117 Cole Street located in?
The 7117 Cole Street is a house located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 7117 Cole Street?
The average sales price for units in 7117 Cole Street is $630,999 , or $388/sqft. currently.

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