NOT LISTED FOR SALE

7979 De Palma St Downey, CA 90241

Estimated Value: $818,554 - $936,000

4 Beds
2 Baths
1,326 Sq Ft
$664/Sq Ft Est. Value

Last Sold February 19, 2014

Last sale price $439,000 $331 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,365/month

6 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • 1 Car Attached Garage
  • Williams Elementary School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2014

STANDARD SALE,HURRY THIS ONE WONT LAST ON THE MARKET TOO LONG. LOCATED IN THE QUIET NEIGHBORHOOD OF DOWNEY ON A TREE LINED STREET, 4BRD 2BATH WITH OPEN FLOOR PLAN WITH NEWER KITCHEN CABINETS WITH GRANITE COUNTER TOPS, HARDWOOD FLOOR THROUGHOUT, CENTRAL AIR AND HEAT, BACK YARD IS PERFECT FOR ENTERTAINING GUEST- OPEN PATIO FOR THOSE HOT SUMMER DAYS AND A BEAUTIFUL TREE HOUSE AND FISH POND, WITHIN WALKING DISTANCE TO WARREN HIGH SCHOOL

Last Agent to Sell the Property

Emilio Contreras

Supreme Realty License #01204428 Listed on: 01/02/2014

Supreme Realty

Last Buyer's Agent

Robert Van Gessel

Nationwide Real Estate Execs License #01922555

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,809

Year Built

  • Built in 1950

Lot Details

  • 6,735 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 89
  • Tax Tract Number 15734
  • Assessor Parcel Number 6247012008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,809

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6247012008
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1326.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Price Per Square Foot: 331.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Downey Unified

Lot Info

  • Lot Size Sq Ft: 6735.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6735.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 89
  • Tax Tract Number: 15734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Sold by
Soto Margarita
Bought by
Soto Margarita and Soto Raymundo
Current Estimated Value
$880,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,750
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2014
Closed on
Jan 15, 2014
Sold by
Kim Isaac Hyung
Bought by
Canchola Margarita
Seller's Agent
Emilio Contreras
Supreme Realty
Buyer's Agent
Robert Van Gessel
Nationwide Real Estate Execs
List Price
$429,000
Sold Price
$439,000
Premium/Discount to List
$10,000
2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$417,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2012
Sold by
Kim Hyung and Kim Rebekah
Bought by
Kim Isaac Hyung and Kim Rebekah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2000
Sold by
Knieling Family Trust Knieling Robert And Aud
Bought by
Kim Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.85%

Purchase Details

Closed on
Aug 9, 1994
Sold by
Knieling Robert Henry and Knieling Audrey A
Bought by
Knieling Robert Henry
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
Soto Margarita -- Title 365 Coraopolis
Canchola Margarita $439,000 Provident Title
Kim Isaac Hyung -- Lawyers Title
Kim Hyung $215,500 North American Title
Knieling Robert Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Margarita $346,500
Closed Soto Margarita $359,000
Closed Soto Margarita $398,750
Closed Canchola Margarita $417,000
Previous Owner Kim Isaac Hyung $180,000
Previous Owner Kim Hyung $94,525
Previous Owner Kim Hyung $100,000
Previous Owner Kim Hyung $146,000
Previous Owner Kim Hyung $143,000
Previous Owner Kim Hyung $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2014 02/19/14 Sold $439,000 +2.3% $331 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $429,000 -- $324 / 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 $6,809 $538,142 $338,210 $199,932
2024 $6,809 $527,591 $331,579 $196,012
2023 $6,579 $517,247 $325,078 $192,169
2022 $6,249 $507,105 $318,704 $188,401
2021 $6,115 $497,162 $312,455 $184,707
2019 $5,959 $482,419 $303,189 $179,230
2018 $5,779 $472,961 $297,245 $175,716
2016 $5,610 $454,597 $285,703 $168,894
2015 $5,531 $447,770 $281,412 $166,358
2014 $3,195 $264,883 $157,457 $107,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14001643

California Regional Multiple Listing Service (CRMLS)

APN: 6247-012-008