7505 3rd St Downey, CA 90241
Estimated Value: $996,000 - $1,332,575
2
Beds
2
Baths
1,691
Sq Ft
$702/Sq Ft
Est. Value
About This Home
This home is located at 7505 3rd St, Downey, CA 90241 and is currently estimated at $1,187,394, approximately $702 per square foot. 7505 3rd St is a home located in Los Angeles County with nearby schools including Rio Hondo Elementary School, Griffiths Middle School, and Warren High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2007
Sold by
Favela Leticia Nevarez
Bought by
Favela Pedro
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$455,454
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving
Estimated Equity
$731,940
Purchase Details
Closed on
Sep 11, 2000
Sold by
Favela Pedro
Bought by
Nevarez Favela Leticia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.11%
Purchase Details
Closed on
Aug 21, 2000
Sold by
Fullerton Barbara Yvonne and Lidtke Family Revocable Trust
Bought by
Favela Leticia Nevarez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.11%
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 |
|---|---|---|---|
| Favela Pedro | -- | Ticor Title Co Brea | |
| Nevarez Favela Leticia | -- | Gateway Title | |
| Favela Leticia Nevarez | $250,000 | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Favela Pedro | $750,000 | |
| Closed | Favela Leticia Nevarez | $200,000 |
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 | $8,134 | $634,837 | $265,043 | $369,794 |
| 2024 | $8,134 | $622,391 | $259,847 | $362,544 |
| 2023 | $7,863 | $610,188 | $254,752 | $355,436 |
| 2022 | $7,474 | $598,224 | $249,757 | $348,467 |
| 2021 | $7,308 | $586,495 | $244,860 | $341,635 |
| 2019 | $7,124 | $569,101 | $237,599 | $331,502 |
| 2018 | $6,871 | $557,943 | $232,941 | $325,002 |
| 2016 | $6,650 | $536,280 | $223,897 | $312,383 |
| 2015 | $6,558 | $528,225 | $220,534 | $307,691 |
| 2014 | $6,189 | $517,879 | $216,215 | $301,664 |
Source: Public Records
Map
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