NOT LISTED FOR SALE

8403 7th St Downey, CA 90241

Estimated Value: $966,839 - $1,099,000

3 Beds
2 Baths
1,354 Sq Ft
$772/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $850,000 $628 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,405/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Air
  • Downey High School Rated A-

About This Home

As of October 2021

Downtown Downey living at its finest. This homes boasts 3 bedrooms and 2 baths. All appliances will stay including newer Samsung Washer and Dryer, Stove, Refrigerator, Microwave and dishwasher. Several mounted TVs will also stay. Newer windows and sliding door, recessed lights throughout, baseboards, crown moulding, central AC and Heat, fashionable distressed floors, granite kitchen countertops, remodeled bathrooms. Master bedroom with attached bath. This home is a gem and truly turnkey. Unique flow to the home with a very spacious kitchen and living room. Great patio which opens up to a nice size back yard. Minutes away from Downey Avenue , an exciting and lively part of town with many great restaurants, shops, and weekly downey farmers market.

Last Agent to Sell the Property

Jim Spathos

24 Hour Real Estate License #01296368 Listed on: 09/11/2021

Last Buyer's Agent

Christine Pepaj

Realty One Group United License #01923247

Realty One Group United

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,014 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,354 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 16622
  • Assessor Parcel Number 6253015002

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253015002
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1354.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 627.77
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6014.00
  • Lot Size Acres: 0.1381

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6014.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 16622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2017
Closed on
Oct 11, 2017
Sold by
Mayorga Ramiro
Bought by
Perris Lela Zouras
Seller's Agent
ANTHONY DE LA CERDA
MPIRE ESTATES
Buyer's Agent
Jim Spathos
24 Hour Real Estate
List Price
$699,900
Sold Price
$670,000
Premium/Discount to List
-$29,900
-4.27%
Current Estimated Value
$1,044,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,710
Avg. Annual Appreciation
5.62%
Original Mortgage
$339,000
Outstanding Balance
$282,708
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$762,002

Purchase Details

Listed on
Jun 22, 2016
Closed on
May 25, 2016
Sold by
Herrera Luz Esther
Bought by
Mayorga Ramiro and Mayorga Vanessa
Seller's Agent
Samuel Reyes
Go Home Realty
Buyer's Agent
ANTHONY DE LA CERDA
MPIRE ESTATES
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%
Original Mortgage
$513,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2007
Sold by
Wagner Doris M
Bought by
Herrera Luz Esther and Guerra Roberto Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1998
Sold by
Loera Alfredo
Bought by
Wegner Family Trust and Murdock Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perris Lela Zouras $670,000 Lawyers Title
Mayorga Ramiro $540,000 Pct
Herrera Luz Esther $519,500 Advantage Title Inc
Wegner Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perris Lela Zouras $339,000
Previous Owner Mayorga Ramiro $513,000
Previous Owner Herrera Luz Esther $382,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $850,000 0.0% $628 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/16/2021 09/16/21 Off Market $850,000 -- --
09/11/2021 09/11/21 For Sale $799,999 +19.4% $591 / Sq Ft
11/17/2017 11/17/17 Sold $670,000 -0.7% $495 / Sq Ft View Prior Sale
10/04/2017 10/04/17 Price Changed $675,000 -3.6% $499 / Sq Ft
09/10/2017 09/10/17 For Sale $699,900 +29.6% $517 / Sq Ft
07/11/2016 07/11/16 Sold $540,000 -1.8% $399 / Sq Ft View Prior Sale
06/22/2016 06/22/16 For Sale $550,000 0.0% $406 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/23/2016 05/23/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $550,000 -- $406 / 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 $11,176 $902,025 $677,368 $224,657
2024 $10,984 $884,339 $664,087 $220,252
2023 $10,602 $867,000 $651,066 $215,934
2022 $10,059 $850,000 $638,300 $211,700
2021 $8,385 $704,288 $457,262 $247,026
2019 $8,167 $683,400 $443,700 $239,700
2018 $7,961 $670,000 $435,000 $235,000
2017 $6,559 $540,000 $409,700 $130,300
2016 $6,137 $500,000 $350,000 $150,000
2015 $5,835 $474,000 $332,000 $142,000
2014 $5,607 $474,000 $332,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21198955

California Regional Multiple Listing Service (CRMLS)

APN: 6253-015-002