NOT LISTED FOR SALE

8417 7th St Downey, CA 90241

Estimated Value: $881,000 - $997,000

2 Beds
2 Baths
1,451 Sq Ft
$662/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $740,000 $510 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,848/month

5 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Downey High School Rated A
  • 2 Car Attached Garage
  • Central Air

About This Home

As of December 2021

Great FIXER-UPPER opportunity in Northeast Downey! This house is ready for some TLC to make it your own. Currently a 2 bedroom single family residence. The 3rd bedroom is used as a office/den with access to the bonus room off the side of the house. Original interior. Large backyard with fruit trees. Located near downtown Downey, local schools, and shopping.

Last Agent to Sell the Property

Amberleigh Dancy

eXp Realty of California Inc License #01707470 Listed on: 11/06/2021

eXp Realty of California Inc

Last Buyer's Agent

Fernando Buenabad

24 Hour Real Estate License #02068613

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,868

Year Built

  • Built in 1951

Lot Details

  • 6,032 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,451 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Located Outside

Schools

  • Gallatin Elementary School
  • Downey High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 1662
  • Assessor Parcel Number 6253016006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,868

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253016006
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1451.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 509.99
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • Elementary School: Gallatin
  • High School: Downey
  • Elementary School #2: GALLAT
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6032.00
  • Lot Size Acres: 0.1385

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6032.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 1662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2002
Sold by
Daniel Michael E
Bought by
Daniel Michael E and Daniel Kayla A
Current Estimated Value
$960,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,930
Outstanding Balance
$23,496
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving
Estimated Equity
$936,777

Purchase Details

Closed on
May 3, 1999
Sold by
Palardy Fred J Tr Fred J Palardy Trust
Bought by
Daniel Michael E and Sok Kayla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,405
Outstanding Balance
$48,159
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$912,114

Purchase Details

Closed on
Sep 2, 1993
Sold by
Palardy Fred J
Bought by
Palardy Fred J and Fred J Palardy Revocable Living Trust
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
Daniel Michael E -- Chicago Title Insurance Co
Daniel Michael E $195,000 Fidelity Title
Palardy Fred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Michael E $55,930
Open Daniel Michael E $193,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $740,000 +5.9% $510 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $699,000 -5.5% $482 / Sq Ft
11/10/2021 11/10/21 Off Market $740,000 -- --
11/06/2021 11/06/21 For Sale $699,000 -- $482 / 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 $9,868 $785,292 $628,234 $157,058
2024 $9,710 $769,895 $615,916 $153,979
2023 $9,375 $754,800 $603,840 $150,960
2022 $8,899 $740,000 $592,000 $148,000
2021 $3,662 $282,403 $184,943 $97,460
2019 $3,570 $274,028 $179,458 $94,570
2018 $3,436 $268,656 $175,940 $92,716
2016 $3,324 $258,226 $169,109 $89,117
2015 $3,277 $254,348 $166,569 $87,779
2014 $3,102 $249,367 $163,307 $86,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21241157

California Regional Multiple Listing Service (CRMLS)

APN: 6253-016-006