7123 De Palma St Downey, CA 90241
Estimated Value: $1,018,720 - $1,231,000
5
Beds
3
Baths
2,537
Sq Ft
$447/Sq Ft
Est. Value
About This Home
This home is located at 7123 De Palma St, Downey, CA 90241 and is currently estimated at $1,133,430, approximately $446 per square foot. 7123 De Palma St is a home located in Los Angeles County with nearby schools including Old River Elementary School, Williams Elementary School, and West Middle School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 2, 2020
Sold by
Rizo Rocio
Bought by
Rizo Rocio and The Rocio Rizo Living Trust
Current Estimated Value
Purchase Details
Closed on
Jul 27, 2015
Sold by
Rizo Luis
Bought by
Rizo Luis and Rizo Rocio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$186,553
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$946,877
Purchase Details
Closed on
May 3, 2005
Sold by
Rizo Luis H and Rizo Maria R
Bought by
Rizo Luis H
Purchase Details
Closed on
Apr 28, 2004
Sold by
Mayorga Miriam and Lozano Leonora
Bought by
Rizo Luis H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 26, 2003
Sold by
Almodovar Eric
Bought by
Gallardo Denise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 12, 2003
Sold by
Gallardo Denise
Bought by
Mayorga Mirian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 11, 2002
Sold by
Almodovar Eric
Bought by
Gallardo Denise
Purchase Details
Closed on
Nov 7, 2001
Sold by
Aguilar Felix B
Bought by
Almodovar Eric
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rizo Rocio | -- | First American Title Ins Co | |
| Rizo Luis | -- | Old Republic Title Company | |
| Rizo Luis H | -- | -- | |
| Rizo Luis H | $528,000 | Fidelity Long Beach | |
| Gallardo Denise | -- | California Counties Title | |
| Mayorga Mirian | $390,000 | California Counties Title | |
| Gallardo Denise | -- | -- | |
| Almodovar Eric | $340,000 | South Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rizo Luis | $472,000 | |
| Closed | Rizo Luis H | $422,400 | |
| Previous Owner | Mayorga Mirian | $312,000 | |
| Previous Owner | Almodovar Eric | $255,000 | |
| Closed | Mayorga Mirian | $78,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,297 | $750,684 | $392,974 | $357,710 |
| 2024 | $9,297 | $735,966 | $385,269 | $350,697 |
| 2023 | $8,978 | $721,536 | $377,715 | $343,821 |
| 2022 | $8,524 | $707,389 | $370,309 | $337,080 |
| 2021 | $8,341 | $693,520 | $363,049 | $330,471 |
| 2019 | $8,125 | $672,952 | $352,282 | $320,670 |
| 2018 | $7,907 | $659,758 | $345,375 | $314,383 |
| 2016 | $6,905 | $569,000 | $297,500 | $271,500 |
| 2015 | $6,907 | $569,000 | $297,500 | $271,500 |
| 2014 | -- | $526,000 | $275,000 | $251,000 |
Source: Public Records
Map
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