NOT LISTED FOR SALE

8702 7th St Downey, CA 90241

Estimated Value: $849,640 - $1,032,000

3 Beds
2 Baths
1,164 Sq Ft
$820/Sq Ft Est. Value

Last Sold July 01, 2017

Last sale price $520,000 $447 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,870/month

37 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • Downey High School Rated A
  • Back and Front Yard

About This Home

As of July 2017

THIS ONE IS THE PERFECT ONE TO ROMODEL/REBUILD

IN ONE OF THE BEST AREAS OF DOWNEY IS LOCATED THIS THREE BEDROOM TWO BATH HOUSE WITH 1,164 SF OF LIVING SPACE AND SITS ON A LOT THAT IS 8,093 SF.

Last Agent to Sell the Property

Vince Velez

Golden Feather Investments, Inc License #00950532 Listed on: 04/12/2017

Last Buyer's Agent

Vince Velez

Golden Feather Investments, Inc License #00950532 Listed on: 04/12/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,468

Year Built

  • Built in 1953

Lot Details

  • 8,093 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned DOR105

Parking

  • 2 Car Garage

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Downey High School

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 17510
  • Assessor Parcel Number 6253020001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,468

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562.755.9290
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253020001
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1164.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 446.74
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Sewer: Unknown
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Downey Unified
  • High School: Downey
  • High School: Downey
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8093.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 7
  • Tax Tract Number: 17510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
Espinosa Living Trust
Bought by
Espinosa Nancy
Current Estimated Value
$954,660

Purchase Details

Listed on
Apr 12, 2017
Closed on
Jun 27, 2017
Sold by
Espinosa Aurelia
Bought by
Espinosa Jose Luis
Seller's Agent
Vince Velez
Golden Feather Investments, Inc
Buyer's Agent
Vince Velez
Golden Feather Investments, Inc
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$391,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 22, 2017
Sold by
Brien Mary O and Brien George Michael
Bought by
Espinoza Jose Luis and Espinosa Jose L
Seller's Agent
Vince Velez
Golden Feather Investments, Inc
Buyer's Agent
Vince Velez
Golden Feather Investments, Inc
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2015
Sold by
George Thomas E
Bought by
George Thomas E and The Thomas E George Revocable
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
Espinosa Nancy -- None Listed On Document
Espinosa Jose Luis -- Provident Title Company
Espinoza Jose Luis $520,000 Provident Title Company
George Thomas E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinosa Jose Luis $391,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2017 07/01/17 Sold $520,000 -13.2% $447 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $599,000 -- $515 / 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 $9,468 $765,000 $637,500 $127,500
2024 $9,468 $750,000 $625,000 $125,000
2023 $7,314 $580,066 $464,054 $116,012
2022 $6,946 $568,693 $454,955 $113,738
2021 $6,800 $557,543 $446,035 $111,508
2019 $6,626 $541,007 $432,806 $108,201
2018 $6,436 $530,400 $424,320 $106,080
2016 $1,017 $67,462 $35,801 $31,661
2015 $1,001 $66,450 $35,264 $31,186
2014 $964 $65,150 $34,574 $30,576
Source: Public Records

Agents Affiliated with this Home

  • Vince Velez

    Seller's Agent in 2017

    Vince Velez

    Golden Feather Investments, Inc

    (562) 755-9290

    10 Total Sales

    Vince Velez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17080023

California Regional Multiple Listing Service (CRMLS)

APN: 6253-020-001

California Los Angeles County Downey 90241

8702 7th St, Downey, CA

This home is located at 8702 7th St, Downey, CA 90241 since 12 April 2017 and is currently estimated at $954,660, approximately $820 per square foot. This property was built in 1953. 8702 7th St is a home located in Los Angeles County with nearby schools including Gallatin Elementary School, Doty Middle School, and Downey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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