NOT LISTED FOR SALE

7956 De Palma St Downey, CA 90241

Downey Area

Estimated Value: $830,000 - $909,000

3 Beds
2 Baths
1,699 Sq Ft
$514/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2024

Last sale price $820,000 $483 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,671 / mo

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • High Ceiling
  • Neighborhood Views
  • Priceville Elementary School Rated 10
  • No HOA
  • 1 Car Attached Garage

About This Home

As of June 2024

Nestled in the highly sought-after City of Downey, this charming property presents a perfect blend of comfort and potential. Boasting 3 bedrooms and a one-car garage, this home welcomes you with an amazing front patio, ideal for enjoying the pleasant neighborhood atmosphere. Stepping inside, you're greeted by a large living room illuminated by a large window that floods the space with natural light, creating a warm and inviting ambiance. The bedrooms are generously sized, offering plenty of room for relaxation and personalization. The kitchen is a focal point, featuring a good-sized layout with plenty of room to add a center island to increase that culinary experience. The family room is spacious and inviting, boasting a huge brick wall and a cozy fireplace, as well as a built-in bar for entertaining guests. The master bathroom impresses with dual sinks and a luxurious jacuzzi tub, perfect for unwinding after a long day. Outside, the well-maintained backyard offers plenty of potential for future landscaping projects or outdoor activities, providing a blank canvas for the new homeowner's imagination. With its ample living space and endless possibilities, this Downey home is ready for a buyer to make it their own and create lasting memories for years to come! Located a short walking distance from Warren High School, local restaurants, and shopping centers. Be sure to schedule your personal showing appointment today before it's too late!

Last Agent to Sell the Property

Ray Duran

WEDGEWOOD HOMES REALTY Brokerage Phone: 323-401-7042 License #01947484 Listed on: 05/07/2024

WEDGEWOOD HOMES REALTY

Last Buyer's Agent

Diana Palencia

Wedgewood Homes Realty License #02085250

Wedgewood Homes Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,471 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned DOR105

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Entry on the 1st floor
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Additional Features

  • Concrete Porch or Patio
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 15734
  • Assessor Parcel Number 6247018011
  • $501 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

5,471 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: DOR105
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6247018011
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1699.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, In Kitchen, In Living Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 482.64
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • 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
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5471.00
  • Lot Size Acres: 0.1256
  • Latitude Manual: 33.93627600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5471.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5514.02
  • Tax Lot: 35
  • Tax Tract Number: 15734
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Jun 11, 2024
Sold by
Breckenridge Property Fund 201
Bought by
Seller's Agent
Ray Duran
WEDGEWOOD HOMES REALTY
Buyer's Agent
Diana Palencia
Wedgewood Homes Realty
List Price
$849,900
Sold Price
$820,000
Premium/Discount to List
-$29,900
-3.52%
Views
89
Current Estimated Value
$873,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,078
Avg. Annual Appreciation
2.91%
Original Mortgage
$600,000
Outstanding Balance
$587,882
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$285,196

Purchase Details

Closed on
Jan 31, 2024
Sold by
Western Progressive Llc
Bought by
Breckenridge Property Fund 201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,600
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1999
Sold by
Gonzalez Margarita
Bought by
Lopez Juan and Lopez Alicia

Purchase Details

Closed on
Nov 24, 1993
Sold by
Ge Capital Mtg Services Of California
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 1993
Sold by
Federal National Mortgage Association
Bought by
Gonzalez Margarita

Purchase Details

Closed on
Aug 17, 1993
Sold by
Shearson Lehman Hutton Tr Deed Svcs Inc
Bought by
Shearson Lehman Hutton Mtg Corp
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$820,000 Fidelity National Title
Breckenridge Property Fund 201 $657,000 None Listed On Document
Lopez Juan $179,000 Fidelity National Title Ins
Federal National Mortgage Association -- Stewart Title
Gonzalez Margarita $155,000 Stewart Title
Shearson Lehman Hutton Mtg Corp $126,881 First Southwestern Title Com
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Previous Owner Breckenridge Property Fund $525,600
Previous Owner Lopez Juan $547,000
Previous Owner Lopez Juan $438,000
Previous Owner Lopez Juan $402,500
Previous Owner Lopez Juan $340,000
Previous Owner Lopez Juan $208,133
Previous Owner Lopez Juan $207,060
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2024 06/18/24 Sold $820,000 -3.5% $483 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $849,900 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,511 $853,128 $634,644 $218,484
2025 $10,511 $836,400 $622,200 $214,200
2024 $4,295 $323,438 $164,599 $158,839
2023 $4,153 $317,097 $161,372 $155,725
2022 $3,950 $310,880 $158,208 $152,672
2021 $3,851 $304,785 $155,106 $149,679
2019 $3,752 $295,747 $150,506 $145,241
2018 $3,611 $289,949 $147,555 $142,394
2016 $3,489 $278,691 $141,826 $136,865
2015 $3,438 $274,506 $139,696 $134,810
2014 $3,252 $269,130 $136,960 $132,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB24091205

California Regional Multiple Listing Service (CRMLS)

APN: 6247-018-011

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