7508 2nd St Downey, CA 90241
Estimated Value: $959,000 - $1,159,000
4
Beds
3
Baths
2,454
Sq Ft
$440/Sq Ft
Est. Value
About This Home
This home is located at 7508 2nd St, Downey, CA 90241 and is currently estimated at $1,079,803, approximately $440 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
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
$778,694
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
Create a Home Valuation Report for This Property
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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
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
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