8508 Gainford St Downey, CA 90240
Estimated Value: $1,069,000 - $1,397,000
2
Beds
2
Baths
2,238
Sq Ft
$576/Sq Ft
Est. Value
About This Home
This home is located at 8508 Gainford St, Downey, CA 90240 and is currently estimated at $1,288,053, approximately $575 per square foot. 8508 Gainford St is a home located in Los Angeles County with nearby schools including Gallatin Elementary School, Doty Middle School, and Downey High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2006
Sold by
Merrick Steven M and Merrick Debra L
Bought by
Mares Martin Ricardo
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$407,002
Interest Rate
7.37%
Mortgage Type
Negative Amortization
Estimated Equity
$881,051
Purchase Details
Closed on
Jun 8, 2005
Sold by
Merrick Steven M and Merrick Debra
Bought by
Merrick Steven M and Merrick Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2004
Sold by
Merrick Steven M and Merrick Debra
Bought by
Merrick Steven M and Merrick Debra
Purchase Details
Closed on
Apr 17, 2001
Sold by
Merrick Debra
Bought by
Merrick Steven M and Merrick Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.98%
Purchase Details
Closed on
Feb 15, 2000
Sold by
Trust Payne Charles O & Clarene M Family and Merrick Debra
Bought by
Merrick Debra
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mares Martin Ricardo | $818,000 | United Title Company | |
| Merrick Steven M | -- | Orange Coast Title | |
| Merrick Steven M | -- | -- | |
| Merrick Steven M | -- | -- | |
| Merrick Steven M | -- | Gateway Title Company | |
| Merrick Debra | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mares Martin Ricardo | $650,000 | |
| Previous Owner | Merrick Steven M | $350,000 | |
| Previous Owner | Merrick Steven M | $65,000 |
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 | $19,713 | $1,184,539 | $667,206 | $517,333 |
| 2024 | $19,713 | $1,161,314 | $654,124 | $507,190 |
| 2023 | $18,199 | $1,053,375 | $641,299 | $412,076 |
| 2022 | $17,154 | $999,000 | $609,000 | $390,000 |
| 2021 | $15,030 | $814,000 | $496,000 | $318,000 |
| 2019 | $14,035 | $725,000 | $442,200 | $282,800 |
| 2018 | $13,879 | $725,000 | $442,200 | $282,800 |
| 2016 | $7,837 | $641,000 | $391,000 | $250,000 |
| 2015 | $7,479 | $610,000 | $372,300 | $237,700 |
| 2014 | $6,650 | $562,000 | $343,000 | $219,000 |
Source: Public Records
Map
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