NOT LISTED FOR SALE

7201 De Palma St Downey, CA 90241

Estimated Value: $770,143 - $949,000

3 Beds
2 Baths
1,243 Sq Ft
$683/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $389,000 $313 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,889/month

101 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Williams Elementary School Rated 9+
  • Fireplace
  • Slab Porch or Patio

About This Home

As of February 2013

Beautiful newly remodeled Downey home ready for move in today! Once you step inside you will instantly notice the gorgeous hardwood floors throughout the house! Newly remodeled kitchen features brand new cabinets and granite counters. Bathrooms complete with new tile floors, new vanities, and newly tiled shower. You can get cozy by the fireplace in the living room or go relax on the private patio in your backyard! Attached two car garage. Laundry area inside the house. Located on a spacious corner lot in a quiet neighborhood just minutes away from parks, theatres, and the shops & restaurants of the South Gate Town Shopping Centre. This is a beautiful must-see home at an amazing deal that will not last long!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 10/23/2012

Last Buyer's Agent

Dee Lopez

Executive Bankers Realty License #01116240

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 5,490 Sq Ft Lot
  • Lot Dimensions are 55x100
  • Brick Fence
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,243 Sq Ft Home
  • Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Central Heating
  • Sewer Paid

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 24876
  • Assessor Parcel Number 6231023008

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

5,490 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6231023008
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1243.00
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Levels: One
  • Price Per Square Foot: 312.95
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size: 55x100
  • Lot Size Sq Ft: 5490.00
  • Lot Size Acres: 0.1260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5490.0000 Square Feet

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 24876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Feb 6, 2013
Sold by
Wedgewood Community Fund Ii Llc
Bought by
Paz Jaime and Ruiz Sandra
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Dee Lopez
Executive Bankers Realty
List Price
$379,900
Sold Price
$389,000
Premium/Discount to List
$9,100
2.4%
Current Estimated Value
$849,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,036
Avg. Annual Appreciation
6.20%
Original Mortgage
$381,954
Outstanding Balance
$266,513
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$582,523

Purchase Details

Closed on
Aug 8, 2012
Sold by
Selva Jesus Alejandro
Bought by
Wedgewood Community Fund Ii Llc

Purchase Details

Closed on
Jun 20, 2005
Sold by
Shin Phillip
Bought by
Selva Jesus Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,960
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Shin Phillip
Bought by
Shin Young S

Purchase Details

Closed on
Jun 17, 2003
Sold by
Lee Han Sang and Lee Aeri
Bought by
Shin Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Paz Jaime $389,000 Fidelity National Title Co
Wedgewood Community Fund Ii Llc $297,500 Accommodation
Selva Jesus Alejandro $500,000 --
Shin Young S -- --
Shin Phillip $320,000 First American Title Co
Shin Phillip -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paz Jaime $381,954
Previous Owner Selva Jesus Alejandro $399,960
Previous Owner Shin Phillip $256,000
Closed Shin Phillip $64,000
Closed Selva Jesus Alejandro $99,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $389,000 +2.4% $313 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $379,900 0.0% $306 / Sq Ft
11/20/2012 11/20/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $379,900 0.0% $306 / Sq Ft
11/01/2012 11/01/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $379,900 -- $306 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,177 $486,233 $270,416 $215,817
2024 $6,177 $476,700 $265,114 $211,586
2023 $5,968 $467,354 $259,916 $207,438
2022 $5,670 $458,191 $254,820 $203,371
2021 $5,546 $449,208 $249,824 $199,384
2019 $5,404 $435,886 $242,415 $193,471
2018 $5,245 $427,340 $237,662 $189,678
2016 $5,019 $404,648 $228,434 $176,214
2015 $4,948 $398,571 $225,003 $173,568
2014 $4,670 $390,765 $220,596 $170,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P838984

California Regional Multiple Listing Service (CRMLS)

APN: 6231-023-008

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