NOT LISTED FOR SALE

7941 2nd St Downey, CA 90241

Estimated Value: $1,097,000 - $1,280,000

3 Beds
2 Baths
2,240 Sq Ft
$524/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $639,000 $285 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,935/month

47 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Air
  • Private Yard
  • Neighborhood Views

About This Home

As of April 2016

This home is located at 7941 2nd St, Downey, CA 90241 since 09 January 2016 and is currently estimated at $1,173,949, approximately $524 per square foot. This property was built in 1989. 7941 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.

Last Agent to Sell the Property

Jose Sanchez Rosales

Downtown, REALTORS License #01930267 Listed on: 01/09/2016

Last Buyer's Agent

Krystle Vance

24 Hour Real Estate License #01980502

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 7,667 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,240 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5508
  • Assessor Parcel Number 6251019043

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251019043
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2240.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 285.27
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 7667.00
  • Price Per Lot Square Foot: 83.34
  • Lot Size Acres: 0.1760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7667.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 5508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2016
Closed on
Mar 2, 2016
Sold by
Martin Jose
Bought by
Montez Eddie and Vance Krystle
Seller's Agent
Jose Sanchez Rosales
Downtown, REALTORS
Buyer's Agent
Krystle Vance
24 Hour Real Estate
List Price
$639,000
Sold Price
$639,000
Current Estimated Value
$1,173,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,949
Avg. Annual Appreciation
6.47%
Original Mortgage
$574,461
Outstanding Balance
$453,286
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$720,663

Purchase Details

Closed on
Apr 27, 2006
Sold by
Girgis Khalil
Bought by
Martin Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Girgis Khalil
Bought by
Girgis Khalil and Girgis Elizabeth F

Purchase Details

Closed on
Jun 13, 2002
Sold by
Girgis George I
Bought by
Girgis Khalil and Girgis Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
6.69%

Purchase Details

Closed on
Aug 3, 2000
Sold by
Girgis Howaida
Bought by
Girgis George I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.19%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Chrudimsky Josephine
Bought by
Girgis George I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.19%
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
Montez Eddie $639,000 Pacific Coast Title
Martin Jose $675,000 Orange Coast Title Company
Girgis Khalil -- --
Girgis Khalil $395,000 Provident Title
Girgis George I -- --
Girgis George I $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montez Eddie $574,461
Previous Owner Martin Jose $540,000
Previous Owner Girgis Khalil $296,250
Previous Owner Girgis George I $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $639,000 0.0% $285 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/09/2016 01/09/16 For Sale $639,000 -- $285 / 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 $9,402 $756,439 $425,216 $331,223
2024 $9,402 $741,608 $416,879 $324,729
2023 $9,081 $727,067 $408,705 $318,362
2022 $8,624 $712,812 $400,692 $312,120
2021 $8,442 $698,836 $392,836 $306,000
2020 $8,313 $691,671 $388,808 $302,863
2019 $8,225 $678,110 $381,185 $296,925
2018 $7,960 $664,814 $373,711 $291,103
2016 $8,338 $685,000 $411,000 $274,000
2015 $7,385 $603,000 $362,000 $241,000
2014 $7,094 $603,000 $362,000 $241,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16005023

California Regional Multiple Listing Service (CRMLS)

APN: 6251-019-043