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7841 Melva Street

7841 Melva Street, Downey, CA 90242
Property in Downey
Sold Dec 15, 2016
$593,000
$275,000 by Pmac Lending Services Inc
Mortgage Due Jan 01, 2050
Sold Nov 19, 1998
$241,000
$180,750 by World Svgs Bank
Mortgage Due Dec 01, 2028
7841 Melva Street in Downey, CA was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1960. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 9 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7841 Melva Street has 2,119 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 640 ft and the linear feet between the front and back of the lot is 1,600. In total, the area measurement of the land is 10,192 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of gravel/rock. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 7841 Melva Street was last sold in Nov 28, 2016 for $593,000. According to our calculations, that's $279.85 per sqft. Prior to that sales transaction, the property was sold for $241,000 in Oct 20, 1998. Current property owners are expected to pay $8,455 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 7841 Melva Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $706,542. To break that down further, the land itself was valued at $490,378. While improvements to the property were assessed at a total of $216,164. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1951
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,192
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 640
  • Total Building Area: 2,119
  • Building Area: 2,119
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13091
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 13091 LOT/SEC 33

Ownership

  • Current Owner : RIOS JONATHAN
  • Current Owner 2: RIOS SARAH
  • Previous Owner : DERPIC RODRIGO CASTILLO
  • Previous Owner 2: ESTATE OF ROSARIO DERPIC
  • Owner Before Previous Owner: MORRIS RONALD S
  • Owner Before Previous Owner 2: R & V MORRIS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551502

Zoning

  • Zoning: DOR105

Geography

  • Assessors Map Reference: 60-A5
  • Subdivision Tract Number: 13091
  • Parcel: 6246-005-001
  • Lot: 33
  • Municipality: SOUTH /DOWNEY WEST
  • Latitude: 33.9316
  • Longitude: -118.151

    Address

  • Full Address: 7841 Melva St
  • Address - House Number: 7841
  • Address - Street Name: Melva
  • Address - Suffix Type: St
  • State: CA
  • City Name: Downey
  • Carrier Code: C029
  • 4-Digit Zip Code: 2340
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,455
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 03-304

    Appraisal Valuation

  • Standard Deviation: 0.2125
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 973,831
  • High Value: 1,180,814
  • Low Value: 766,849

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Dec 24, 2019
  • First Open Lien Mortgage Loan Amount: $275,000
  • 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: Jan 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $706,542
  • Assessed Land Value: $490,378
  • Assessed Improvements Value: $216,164

    Sales

  • Current Sale Contract Date: Nov 28, 2016
  • Current Sale Recording Date: Dec 15, 2016
  • Current Sale Transaction ID: 1884687936
  • Current Sale Price: $593,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1595867
  • Previous Sale Recording Date: Nov 19, 1998
  • Previous Sale Contract Date: Oct 20, 1998
  • Previous Sale Amount: $241,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC UNION FINANCIAL LLC
  • First Mortgage Transaction Date: Dec 15, 2016
  • First Mortgage Loan Amount: $582,160
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK
  • Previous Mortgage Transaction Date: Nov 19, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $180,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Dec 01, 2028

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Frequently Asked Questions

What neighborhood is 7841 Melva Street located in?
The 7841 Melva Street is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 7841 Melva Street?
The average sales price for units in 7841 Melva Street is $0 currently.

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