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7242 Adwen Street

7242 Adwen Street, Downey, CA 90241
Property in Downey
Sold Oct 05, 2011
$360,000
$350,874 by Stearns Lending Inc
Mortgage Due Oct 01, 2041
7242 Adwen 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1955. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 7242 Adwen Street has 1,470 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 1,340 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,777 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 composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7242 Adwen Street sold most recently in Sep 28, 2011 for a total of $360,000. If you work out the math, that's approximately a cost of $244.90 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,345 in taxes each year. 7242 Adwen Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $434,610. If we break it down further, the land itself was valued at $243,262. Improvements to the property, however, were assessed at a total of $191,348. The property's total assessed value has been marked as more than the total market value 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,777
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,470
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15475
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 15475 LOT/SEC 102

Ownership

  • Current Owner : MARTINEZ ANGELES
  • Current Owner 2: MARTINEZ ROBERTO
  • Previous Owner : STARKEY LAVONNE
  • Previous Owner 2: STARKEY LAVONNE T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: DOR1&HFB*

Geography

  • Assessors Map Reference: 59-F3
  • Subdivision Tract Number: 15475
  • Parcel: 6231-012-024
  • Lot: 102
  • Municipality: SOUTH /DOWNEY WEST
  • Latitude: 33.9452
  • Longitude: -118.154

    Address

  • Full Address: 7242 Adwen St
  • Address - House Number: 7242
  • Address - Street Name: Adwen
  • Address - Suffix Type: St
  • State: CA
  • City Name: Downey
  • Carrier Code: C017
  • 4-Digit Zip Code: 4150
  • Zip Code: 90241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,345
  • Tax Rate Code Area: 03-304

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 814,621
  • High Value: 996,606
  • Low Value: 632,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,874
  • First Open Lien Mortgage Lender: STEARNS LENDING INC
  • First Open Lien Mortgage Recording Date: Oct 05, 2011
  • First Open Lien Mortgage Loan Amount: $350,874
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $434,610
  • Assessed Land Value: $243,262
  • Assessed Improvements Value: $191,348

    Sales

  • Current Sale Contract Date: Sep 28, 2011
  • Current Sale Recording Date: Oct 05, 2011
  • Current Sale Transaction ID: 1041633040
  • Current Sale Price: $360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 11-1348666

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Frequently Asked Questions

What neighborhood is 7242 Adwen Street located in?
The 7242 Adwen Street is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 7242 Adwen Street?
The average sales price for units in 7242 Adwen Street is $0 currently.

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