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7429 Via Rio Nido

7429 Via Rio Nido, Downey, CA 90241
Property in Downey
2 Units For Sale
Unit for sale at 7429 Via Rio Nido, Downey, CA 90241

$965,000

  • Studio
7429 Via Rio Nido, Downey, CA 90241 Listing by Cristina Picarelli

Unit for sale at 7429 Via Rio Nido, Downey, CA 90241

$875,000 In Contract

  • 3 Beds
  • 2 Baths
  • 1,582 ft²
7429 Via Rio Nido, Downey, CA 90241 Listing by Marie Picarelli

Local assessors in Downey, CA have categorized 7429 Via Rio Nido as a unknown type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1956. The property's lot size has been calculated to be 7,920 square feet. The linear feet between the front and back of the lot was measured at 1,510 ft and the front of the lot was measured at 530 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7429 Via Rio Nido has a total of 1,582 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from unknown system. Additional features on the property are as follows. There is a unknown for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a unknown on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. The building has a unknown style roof that was made of unknown. Lots of unknown were used in the construction of the exterior walls of the home. The home's unknown is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7429 Via Rio Nido sold most recently in Feb 21, 2024 for a total of $965,000. If you work out the math, that's approximately a cost of $609.99 per sqft. Before that, the property was also sold for $81,000 in Apr 2, 2003. 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 $1,991 in taxes each year. 7429 Via Rio Nido was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $134,706. If we break it down further, the land itself was valued at $56,819. Improvements to the property, however, were assessed at a total of $77,887. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 530
  • Total Building Area: 1,582
  • Building Area: 1,582
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,582
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: 17580
  • Land Acres: 0.182
  • Legal Description 1: TRACT # 17580 LOT/SEC 107

Ownership

  • Current Owner : MOTLEY MARK
  • Current Owner 2: IBARRA VANESSA OLIVIA
  • Previous Owner : MOTLEY SHERILL J
  • Previous Owner 2: MOTLEY JACK D
  • Owner Before Previous Owner: MOTLEY JACK D
  • Is Owner Occupied: unknown

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 550801

Zoning

  • Zoning: DOR17500*

Geography

  • Assessors Map Reference: 60-B2
  • Subdivision Tract Number: 17580
  • Parcel: 6249-010-035
  • Lot: 107
  • Municipality: SOUTH /NO. DOWNEY
  • Latitude: 33.9555
  • Longitude: -118.142

    Address

  • Full Address: 7429 Via Rio Nido
  • Address - House Number: 7429
  • Address - Street Name: Via Rio Nido
  • State: CA
  • City Name: Downey
  • Carrier Code: C027
  • 4-Digit Zip Code: 2149
  • Zip Code: 90241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,991
  • Tax Rate Code Area: 03-304

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 96
  • Final Value: 886,024
  • High Value: 945,961
  • Low Value: 826,086

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $947,521
  • First Open Lien Mortgage Lender: KINGS MORTGAGE SERVICES, INC.
  • First Open Lien Mortgage Recording Date: Mar 19, 2024
  • First Open Lien Mortgage Loan Amount: $947,521
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,706
  • Assessed Land Value: $56,819
  • Assessed Improvements Value: $77,887

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Mar 19, 2024
  • Current Sale Transaction ID: 11922598629
  • Current Sale Price: $965,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 177217
  • Previous Sale Recording Date: Jun 10, 2003
  • Previous Sale Contract Date: Apr 02, 2003
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: KINGS MORTGAGE SERVICES, INC.
  • First Mortgage Transaction Date: Mar 19, 2024
  • First Mortgage Loan Amount: $947,521
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2064

About Downey



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  • 3 Baths
  • 1,362 ft²
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Frequently Asked Questions

What neighborhood is 7429 Via Rio Nido located in?
The 7429 Via Rio Nido is a located in the neighborhood of Downey in Downey, Downey.
How many listings are currently for sale in 7429 Via Rio Nido?
There are two listings currently on the market for sale.
What is the average sales price for listings in 7429 Via Rio Nido?
The average sales price for units in 7429 Via Rio Nido is $920,000 , or $553/sqft. currently.

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