NOT LISTED FOR SALE

7975 7th St Downey, CA 90241

Estimated Value: $785,358 - $973,000

3 Beds
1 Bath
1,261 Sq Ft
$694/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $405,000 $321 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,127/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Back Yard
  • Warren High School Rated A-
  • Central Air

About This Home

As of April 2013

Regular Sale!!! The property is located in the "Orange Estates" Neighberhood. Hardwood Floors through-out the house. Wood burning fireplace, Bathroom with Marbolized Glass Shower, Kitchen Recently upgraded from top to bottom, Copper Plumbing, Covered Patio, Rear and Front Automatic Sprinklers. The house is conveniently located to Grammar, Middle and High Schools. Near Good Public Transportation. Plenty of Kitchen Space. PLEASE READ AGENT REMARKS.

Last Agent to Sell the Property

GERARDO CORONA

DIVERSIFIED WORKS License #00941523 Listed on: 02/19/2013

Last Buyer's Agent

Daniel Hernandez

Coldwell Banker Realty License #01773791

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1948

Lot Details

  • 5,552 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,261 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 8960
  • Assessor Parcel Number 6251025016

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,325

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251025016
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1261.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 321.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5552.00
  • Lot Size Acres: 0.1270

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5552.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 8960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 16, 2013
Sold by
Grippa Adriana
Bought by
Grippa Miguel
Seller's Agent
GERARDO CORONA
DIVERSIFIED WORKS
Buyer's Agent
Daniel Hernandez
Coldwell Banker Realty
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Current Estimated Value
$874,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,590
Avg. Annual Appreciation
6.34%
Original Mortgage
$324,000
Outstanding Balance
$229,114
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$645,476

Purchase Details

Listed on
Feb 19, 2013
Closed on
Apr 4, 2013
Sold by
Grippa Miguel and Contino Victor
Bought by
Gonzales Maria O
Seller's Agent
GERARDO CORONA
DIVERSIFIED WORKS
Buyer's Agent
Daniel Hernandez
Coldwell Banker Realty
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$229,114
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$645,476

Purchase Details

Closed on
Feb 27, 2012
Sold by
Smith Karen E
Bought by
Grippa Miguel and Contino Victor

Purchase Details

Closed on
Jul 11, 2006
Sold by
Rocha Frank D
Bought by
Smith Karen E

Purchase Details

Closed on
Nov 30, 2005
Sold by
Rocha Frank and Smith Karen
Bought by
Rocha Frank and Smith Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Caballero Chris
Bought by
Rocha Frank and Rocha Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2005
Sold by
Caballero Gabriel and Caballero Diana
Bought by
Caballero Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2004
Sold by
Caballero Chris
Bought by
Caballero Gabriel and Caballero Diana

Purchase Details

Closed on
Mar 24, 2003
Sold by
Pringle John P and Behrens James L
Bought by
Caballero Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.78%
Source: Public Records

Range of Values:

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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
Grippa Miguel -- Chicago Title Company
Contino9 Victor -- Chicago Title Company
Gonzales Maria O $405,000 Chicago Title Company
Grippa Miguel $315,000 Chicago Title Company
Smith Karen E -- None Available
Rocha Frank -- Lawyers Title
Rocha Frank $507,000 Security Union Title Insuran
Caballero Chris -- Security Union Title Insuran
Caballero Chris -- Security Union Title Insuran
Caballero Gabriel -- --
Caballero Chris $300,000 Commonwealth
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Maria O $324,000
Previous Owner Rocha Frank $492,000
Previous Owner Rocha Frank $405,600
Previous Owner Caballero Chris $240,000
Closed Caballero Chris $30,000
Closed Rocha Frank $101,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $405,000 0.0% $321 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
02/20/2013 02/20/13 Price Changed $405,000 +1.3% $321 / Sq Ft
02/19/2013 02/19/13 For Sale $399,900 -- $317 / 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 $6,325 $498,714 $341,715 $156,999
2024 $6,325 $488,936 $335,015 $153,921
2023 $6,111 $479,350 $328,447 $150,903
2022 $5,805 $469,952 $322,007 $147,945
2021 $5,678 $460,739 $315,694 $145,045
2019 $5,533 $447,075 $306,331 $140,744
2018 $5,371 $438,310 $300,325 $137,985
2016 $5,131 $421,292 $288,664 $132,628
2015 $5,058 $414,964 $284,328 $130,636
2014 $4,771 $406,837 $278,759 $128,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13026394

California Regional Multiple Listing Service (CRMLS)

APN: 6251-025-016