NOT LISTED FOR SALE

7508 2nd St Downey, CA 90241

Estimated Value: $985,326 - $1,349,000

4 Beds
3 Baths
2,454 Sq Ft
$463/Sq Ft Est. Value

About This Home

This home is located at 7508 2nd St, Downey, CA 90241 and is currently estimated at $1,135,082, approximately $462 per square foot. 7508 2nd 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
Aug 25, 2017
Sold by
Salas Luis A
Bought by
Salas Luis A and Salas Alejandro
Current Estimated Value
$1,135,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$301,109
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$833,973

Purchase Details

Closed on
Jul 26, 2010
Sold by
Valencia Elizondo
Bought by
Salas Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,017
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2000
Sold by
Mortgage Guaranty Insurance Corp
Bought by
Valencia Elizondo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,750
Interest Rate
10.25%

Purchase Details

Closed on
Feb 8, 2000
Sold by
Federal National Mortgage Association
Bought by
Mortgage Guaranty Insurance Corp

Purchase Details

Closed on
Jul 26, 1999
Sold by
Perez Victor
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 20, 1994
Sold by
Perez Victor
Bought by
Perez Victor and Perez Sonia E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salas Luis A -- Wfg Title Company
Salas Alejandro -- Wfg Title Company
Salas Luis A $375,000 Lawyers Title
Valencia Elizondo $235,000 Fidelity National Title Co
Mortgage Guaranty Insurance Corp -- Fidelity National Title
Federal National Mortgage Association $219,860 Lawyers Title Company
Perez Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salas Luis A $360,000
Previous Owner Salas Luis A $370,017
Previous Owner Valencia Elizondo $199,750
Source: Public Records

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 $7,089 $554,208 $353,085 $201,123
2024 $7,089 $543,342 $346,162 $197,180
2023 $6,851 $532,689 $339,375 $193,314
2022 $6,511 $522,245 $332,721 $189,524
2021 $6,365 $512,006 $326,198 $185,808
2019 $6,204 $496,822 $316,524 $180,298
2018 $6,002 $487,081 $310,318 $176,763
2016 $5,812 $468,169 $298,269 $169,900
2015 $5,731 $461,137 $293,789 $167,348
2014 $5,408 $452,105 $288,035 $164,070
Source: Public Records

Map

California Los Angeles County Downey 90241

7508 2nd St, Downey, CA

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.

Nearby Homes