NOT LISTED FOR SALE

7226 De Palma St Downey, CA 90241

Estimated Value: $825,000 - $1,017,000

3 Beds
2 Baths
1,243 Sq Ft
$713/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $665,000 $535 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,536/month

77 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Neighborhood Views
  • Williams Elementary School Rated 9+
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2020

BACK ON THE MARKET!!! PRICED TO SELL!!! DO NOT MISS OUT!!! FIRST TIME BUYERS OR FOR THOSE SEEKING A SECOND HOME!!! THIS COZY & CUTE MOVE-IN READY 3 BD. 2 BA. HOME IS PERFECT FOR ENTERTAINING YOUR GUESTS AS YOU ENJOY THE RECENTLY ADDED SPARKLING SWIMMING POOL & GAZEBO!!! OPEN UP THE EASY-TO-CLEAN MAGIC WINDOWS AND RELAX IN YOUR MASTER BEDROOM DURING THE EVENING'S COOL BREEZE. THE KITCHEN HAS TILE COUNTER-TOPS, AND BEAUTIFUL WOOD FLOORS PROVIDE A SEAMLESS LOOK THROUGHOUT THE HOME. INCLUDED ARE DOUBLE PANE WINDOWS, A VINYL GLASS PATIO SLIDING DOOR, CENTRAL AC & HEATING, AND LAUNDRY HOOK UPS! ALONG WITH THE 2 CAR GARAGE (ATTACHED WITH A PRIVATE ENTRY TO THE HOME), THE DRIVEWAY SPACE HAS ENOUGH ROOM FOR 3 CARS, PLUS PLENTY OF PARKING ON THE QUIET STREET. A BEAUTIFUL PINE TREE STANDS TALL IN THE LUSH GARDEN OUT FRONT, WELL WATERED BY THE SPRINKLER SYSTEM. YOU'LL BE LOCATED NEAR SCHOOLS, FWY's & JUST DOWN THE STREET FROM THE POPULAR DOWNEY PROMENADE WHICH SPORTS GREAT RESTAURANTS WITH OUTDOOR PATIO, ALSO IN THE DOWNEY HIGH SCHOOL DISTRICT, AND IN THE CERRITOS COLLEGE DISTRICT FOR THOSE SEEKING AN EDUCATION. DON'T MISS YOUR CHANCE TO SPEND YOUR DAYS IN THIS BEAUTIFUL HOME!

Last Agent to Sell the Property

Armando Nunez

Keller Williams Pacific Estates Cerritos License #01984034 Listed on: 07/21/2020

Keller Williams Pacific Estates Cerritos

Co-Listed By

Erick Hernandez

Beacon Hillcrest License #01418133

Last Buyer's Agent

Engelbert Guerrero

C-21 Realty Team License #01969864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,931

Year Built

  • Built in 1959

Lot Details

  • 5,234 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR15000*

Parking

  • 2 Car Attached Garage

Home Design

  • Interior Block Wall
  • Partial Copper Plumbing

Interior Spaces

  • 1,243 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 24876
  • Assessor Parcel Number 6231022009

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,931

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: DOR15000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6231022009
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1243.00 Square Feet
  • Interior Amenities: Block Walls, Copper Plumbing Partial, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 535.00
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5234.00
  • Lot Size Acres: 0.1202

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5234.0000 Square Feet
  • Number Of Units Total: 1243

Tax Info

  • Tax Census Tract: 5514.01
  • Tax Lot: 50
  • Tax Tract Number: 24876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Oct 26, 2020
Sold by
Somoano Jose M and Somoano Lily P
Bought by
Colazo Jaime and Colazo Daisy
Seller's Agent
Armando Nunez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Engelbert Guerrero
C-21 Realty Team
List Price
$679,999
Sold Price
$665,000
Premium/Discount to List
-$14,999
-2.21%
Current Estimated Value
$886,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,421
Avg. Annual Appreciation
6.10%
Original Mortgage
$598,500
Outstanding Balance
$534,734
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$351,687

Purchase Details

Closed on
Jun 21, 1999
Sold by
Aguila Elma P
Bought by
Somoano Jose M and Somoano Lily P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,340
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 1995
Sold by
Gralewski Charles L
Bought by
Aguila Elma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Colazo Jaime $665,000 Orange Coast Ttl Co Of Socal
Somoano Jose M $203,000 Commonwealth Land Title Co
Aguila Elma $175,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colazo Jaime $598,500
Previous Owner Somoano Jose M $360,000
Previous Owner Somoano Jose M $155,000
Previous Owner Somoano Jose M $110,000
Previous Owner Somoano Jose M $260,000
Previous Owner Somoano Jose M $201,340
Previous Owner Aguila Elma $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $665,000 -2.2% $535 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $679,999 0.0% $547 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $679,999 -2.9% $547 / Sq Ft
08/05/2020 08/05/20 Price Changed $699,999 -4.1% $563 / Sq Ft
07/21/2020 07/21/20 For Sale $729,999 -- $587 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,931 $719,815 $503,330 $216,485
2024 $8,931 $705,702 $493,461 $212,241
2023 $8,624 $691,866 $483,786 $208,080
2022 $8,187 $678,300 $474,300 $204,000
2021 $8,020 $665,000 $465,000 $200,000
2019 $3,997 $318,950 $154,719 $164,231
2018 $3,404 $274,197 $151,686 $122,511
2016 $3,293 $263,551 $145,797 $117,754
2015 $3,245 $259,593 $143,607 $115,986
2014 $3,069 $254,508 $140,794 $113,714
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Armando Nunez

    Keller Williams Pacific Estates Cerritos

    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Erick Hernandez

    Beacon Hillcrest

    Section Image

  • E

    Buyer's Agent in 2020

    Engelbert Guerrero

    C-21 Realty Team

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20139945

California Regional Multiple Listing Service (CRMLS)

APN: 6231-022-009

California Los Angeles County Downey 90241

7226 De Palma St, Downey, CA

This home is located at 7226 De Palma St, Downey, CA 90241 since 21 July 2020 and is currently estimated at $886,421, approximately $713 per square foot. This property was built in 1959. 7226 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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