NOT LISTED FOR SALE

7861 Melva St Downey, CA 90242

Estimated Value: $1,049,000 - $1,249,000

4 Beds
3 Baths
2,401 Sq Ft
$463/Sq Ft Est. Value

About This Home

This home is located at 7861 Melva St, Downey, CA 90242 and is currently estimated at $1,110,641, approximately $462 per square foot. 7861 Melva St is a home located in Los Angeles County with nearby schools including Old River Elementary School, Williams Elementary School, and West Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Gonzalez Ernest
Bought by
Gonzalez Maria Luisa
Current Estimated Value
$1,110,641

Purchase Details

Closed on
Dec 23, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Gonzalez Ernest and Gonzalez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.87%

Purchase Details

Closed on
Jul 20, 1999
Sold by
Smith Daphne L
Bought by
Washington Mutual Bank Fa and Home Svgs Of America Fsb

Purchase Details

Closed on
Jul 27, 1994
Sold by
Smith Daphne L
Bought by
Smith Daphne L and Estrada Lorenzo P

Purchase Details

Closed on
Apr 4, 1994
Sold by
Johnson Howard B and Johnson Dana E
Bought by
Smith Daphne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.79%
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.

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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.

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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.

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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.

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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
Gonzalez Maria Luisa -- None Listed On Document
Gonzalez Ernest -- First American Title Co
Washington Mutual Bank Fa $245,000 First American Title Ins Co
Smith Daphne L -- --
Smith Daphne L $260,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Ernest $65,000
Previous Owner Gonzalez Ernest $263,500
Previous Owner Gonzalez Ernest $350,000
Previous Owner Gonzalez Ernest $219,000
Previous Owner Gonzalez Ernest $220,000
Previous Owner Smith Daphne L $234,000
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 $5,569 $422,648 $204,255 $218,393
2024 $5,569 $414,361 $200,250 $214,111
2023 $5,387 $406,237 $196,324 $209,913
2022 $5,125 $398,273 $192,475 $205,798
2021 $5,004 $390,464 $188,701 $201,763
2019 $4,878 $378,885 $183,105 $195,780
2018 $4,691 $371,457 $179,515 $191,942
2016 $4,535 $357,036 $172,546 $184,490
2015 $4,472 $351,674 $169,955 $181,719
2014 $4,229 $344,786 $166,626 $178,160
Source: Public Records

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