NOT LISTED FOR SALE

7862 Springer St Downey, CA 90242

Estimated Value: $875,000 - $946,567

3 Beds
2 Baths
1,685 Sq Ft
$538/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $650,000 $386 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,497/month

8 Days on Market

Highlights

  • Private Pool
  • Pool View
  • Den with Fireplace
  • Williams Elementary School Rated 9+
  • No HOA
  • Laundry Room

About This Home

As of September 2018

Cozy, charming, wonderful Downey home with a pool perfect for hot summer days. This property features open floor plan with separate Den/Family room with a fireplace. Gourmet kitchen with lots of storage and granite counter top. All copper plumbing, newer roof, dual pane windows and central AC. There are 3 bedrooms and 2 bathrooms including the Master suite with walk-in closet and master bathroom dual sinks and spacious stand up shower. Step down to the Family room/Den with a view of the pool and beautiful landscape backyard. A private access to the Patio with its picket fences for small children safety. Huge sparkling 12 feet deep pool to cool down and relax. Large backyard for your RV or multiple cars. Space to play basketball?? or for Large family gathering. Over sized detached 2 car garage which can be used as a 'man-cave', hobby room, or maybe storage????Don't miss this golden opportunity. Make a move and enjoy shops and restaurants in Downey.

Last Agent to Sell the Property

Myrah Ponce

WEST SHORES REALTY License #01787130 Listed on: 08/11/2018

WEST SHORES REALTY

Last Buyer's Agent

Carlos Munoz

Century 21 A Better Service License #01408987

Century 21 A Better Service

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,363 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 2 Car Garage

Interior Spaces

  • 1,685 Sq Ft Home
  • 1-Story Property
  • Den with Fireplace
  • Pool Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 11797
  • Assessor Parcel Number 6245004011

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6245004011
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1685.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 385.76
  • Room Type: All Bedrooms Down, Den

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7363.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5515.02
  • Tax Lot: 74
  • Tax Tract Number: 11797

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2018
Closed on
Aug 24, 2018
Sold by
Velazquez Nancy Patricia Bonfiglio and Nancy Velazquez Trust
Bought by
Flores Len and Flores Evelyn Patricia
Seller's Agent
Myrah Ponce
WEST SHORES REALTY
Buyer's Agent
Carlos Munoz
Century 21 A Better Service
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%
Current Estimated Value
$906,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,392
Avg. Annual Appreciation
4.65%
Original Mortgage
$520,000
Outstanding Balance
$451,599
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$454,793

Purchase Details

Closed on
May 2, 2017
Sold by
Velazquez Nancy Patricia Bonfiglio and Velazquez Nancy P
Bought by
Velazquez Nancy Patricia Bonfiglio and Nancy Velazquez Trust

Purchase Details

Closed on
Dec 13, 2010
Sold by
Velazquez Gabriel
Bought by
Velazquez Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,860
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2010
Sold by
Cortez Rolando
Bought by
Velazquez Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,860
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2005
Sold by
Frorenza Larry and Frorenza Della M
Bought by
Cortez Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1994
Sold by
Kinsall Grace H
Bought by
Frorenza Larry and Frorenza Della M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,150
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Flores Len $650,000 Pacific Coast Title Company
Velazquez Nancy Patricia Bonfiglio -- None Available
Velazquez Nancy P -- Old Republic Title Company
Velazquez Nancy P $400,000 Old Republic Title Company
Cortez Rolando $610,000 Old Republic Title
Frorenza Larry $177,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Len $520,000
Previous Owner Velazquez Nancy P $389,860
Previous Owner Cortez Rolando $488,000
Previous Owner Frorenza Larry $168,150
Closed Cortez Rolando $60,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Sold $650,000 0.0% $386 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
08/17/2018 08/17/18 Off Market $650,000 -- --
08/11/2018 08/11/18 For Sale $629,000 -- $373 / 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 $8,981 $725,080 $475,543 $249,537
2024 $8,981 $710,864 $466,219 $244,645
2023 $8,673 $696,927 $457,078 $239,849
2022 $8,235 $683,263 $448,116 $235,147
2021 $8,064 $669,867 $439,330 $230,537
2019 $7,855 $650,000 $426,300 $223,700
2018 $5,463 $450,386 $283,069 $167,317
2016 $5,294 $432,899 $272,078 $160,821
2015 $5,218 $426,398 $267,992 $158,406
2014 $4,925 $418,047 $262,743 $155,304
Source: Public Records

Agents Affiliated with this Home

  • Myrah Ponce

    Seller's Agent in 2018

    Myrah Ponce

    WEST SHORES REALTY

    (562) 457-8410

    26 Total Sales

    Myrah Ponce
    Section Image
  • Carlos Munoz

    Buyer's Agent in 2018

    Carlos Munoz

    Century 21 A Better Service

    (562) 806-1000

    8 Total Sales

    Carlos Munoz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18195328

California Regional Multiple Listing Service (CRMLS)

APN: 6245-004-011

California Los Angeles County Downey 90242

7862 Springer St, Downey, CA

Not Listed for Sale

Detached

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