NOT LISTED FOR SALE

7940 De Palma St Downey, CA 90241

Estimated Value: $737,000 - $866,000

2 Beds
1 Bath
808 Sq Ft
$954/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $655,000 $811 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,772/month

11 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Double Pane Windows
  • Williams Elementary School Rated 9+
  • 1 Car Attached Garage
  • Tile Countertops

About This Home

As of January 2022

Great Downey starter home! 2 bedrooms and 1 bath. Family kitchen includes dining area. Large backyard with patio area. Attached single car garage. Close to schools, shopping, dining and transportation.

Last Agent to Sell the Property

Pam Lee

24 Hour Real Estate License #01750256 Listed on: 12/16/2021

Last Buyer's Agent

Sonia Negrete

Century 21 Cornerstone License #01707240

Century 21 Cornerstone

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,600

Year Built

  • Built in 1950

Lot Details

  • 5,464 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned DOR15000*

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Composition Roof

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 15734
  • Assessor Parcel Number 6247018008
  • $320 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,600

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR15000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6247018008
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 808.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 810.64
  • Room Type: Living Room
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5464.00
  • Lot Size Acres: 0.1254

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5464.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5514.02
  • Tax Lot: 32
  • Tax Tract Number: 15734
  • TaxOtherAnnualAssessmentAmount: 320.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Dec 29, 2021
Sold by
Daphyne Smith Quesenberry Living Trust
Bought by
Quintero Elizabeth A and Quintero Joseph A
Seller's Agent
Pam Lee
24 Hour Real Estate
Buyer's Agent
Sonia Negrete
Century 21 Cornerstone
List Price
$599,000
Sold Price
$655,000
Premium/Discount to List
$56,000
9.35%
Current Estimated Value
$770,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,943
Avg. Annual Appreciation
4.42%
Original Mortgage
$589,400
Outstanding Balance
$543,206
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$227,737
Source: Public Records

Range of Values:

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Average Value
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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
Quintero Elizabeth A $655,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintero Elizabeth A $589,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $655,000 +9.3% $811 / Sq Ft
12/28/2021 12/28/21 For Sale $599,000 -8.5% $741 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/21/2021 12/21/21 Off Market $655,000 -- --
12/16/2021 12/16/21 For Sale $599,000 -- $741 / 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 $8,600 $695,089 $556,072 $139,017
2024 $8,600 $681,461 $545,169 $136,292
2023 $8,304 $668,100 $534,480 $133,620
2022 $1,066 $69,707 $41,552 $28,155
2021 $1,023 $68,341 $40,738 $27,603
2019 $997 $66,316 $39,531 $26,785
2018 $906 $65,016 $38,756 $26,260
2016 $866 $62,494 $37,252 $25,242
2015 $852 $61,556 $36,693 $24,863
2014 $820 $60,351 $35,975 $24,376
Source: Public Records

Agents Affiliated with this Home

  • Pam Lee

    Seller's Agent in 2022

    Pam Lee

    24 Hour Real Estate

    (562) 537-1134

    52 Total Sales

    Pam Lee
    Section Image

  • S

    Buyer's Agent in 2022

    Sonia Negrete

    Century 21 Cornerstone

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21265482

California Regional Multiple Listing Service (CRMLS)

APN: 6247-018-008

California Los Angeles County Downey 90241

7940 De Palma St, Downey, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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