NOT LISTED FOR SALE

8738 7th St Downey, CA 90241

Estimated Value: $1,039,000 - $1,114,000

4 Beds
2 Baths
1,751 Sq Ft
$611/Sq Ft Est. Value

Last Sold September 01, 2015

Last sale price $498,500 $285 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,354/month

34 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Eat-In Kitchen
  • Downey High School Rated A
  • 2 Car Attached Garage
  • Living Room

About This Home

As of September 2015

North Downey home features 4 bedrooms, 1 3/4 baths - Spacious living room, Family room with fireplace, Central air and heat - Updated family kitchen - Separate laundry room (big enough to be used as an office)

Last Agent to Sell the Property

Mattie Espindola

Grand Avenue Realty & Lending License #01191115 Listed on: 06/06/2015

Last Buyer's Agent

Alexis Baello

C-21 Classic Estates License #01941531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,907

Year Built

  • Built in 1953

Lot Details

  • 6,142 Sq Ft Lot
  • Block Wall Fence
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Shake Roof

Interior Spaces

  • 1,751 Sq Ft Home
  • Blinds
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 17510
  • Assessor Parcel Number 6253020006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,907

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253020006
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1751.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 284.69
  • Room Type: Family Room, Formal Entry, Living Room, Separate Family Room, Utility Room
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shake
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Trash Compactor
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6142.00
  • Price Per Lot Square Foot: 81.16
  • Lot Size Acres: 0.1410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6142.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 17510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2015
Closed on
Sep 16, 2015
Sold by
Baello Alejandro B and Parayno Manuel L
Bought by
Baello Alejandro B
Seller's Agent
Mattie Espindola
Grand Avenue Realty & Lending
Buyer's Agent
Alexis Baello
C-21 Classic Estates
List Price
$529,000
Sold Price
$498,500
Premium/Discount to List
-$30,500
-5.77%
Current Estimated Value
$1,069,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,499
Avg. Annual Appreciation
7.85%
Original Mortgage
$398,800
Outstanding Balance
$313,867
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$756,132

Purchase Details

Listed on
Jun 6, 2015
Closed on
Aug 20, 2015
Sold by
Lopez Christine G
Bought by
Baello Alejandro B and Parayno Manuel L
Seller's Agent
Mattie Espindola
Grand Avenue Realty & Lending
Buyer's Agent
Alexis Baello
C-21 Classic Estates
List Price
$529,000
Sold Price
$498,500
Premium/Discount to List
-$30,500
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,800
Outstanding Balance
$313,867
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$756,132

Purchase Details

Listed on
Jun 6, 2015
Closed on
Aug 19, 2015
Sold by
Parayno Rosemarie
Bought by
Parayno Manuel L
Seller's Agent
Mattie Espindola
Grand Avenue Realty & Lending
Buyer's Agent
Alexis Baello
C-21 Classic Estates
List Price
$529,000
Sold Price
$498,500
Premium/Discount to List
-$30,500
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,800
Outstanding Balance
$313,867
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$756,132

Purchase Details

Closed on
Mar 11, 2004
Sold by
Lopez Mario M and Lopez Christine G
Bought by
Lopez Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2003
Sold by
Lopez Mario F
Bought by
Lopez Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.82%

Purchase Details

Closed on
Jan 27, 2003
Sold by
Holigores Alejandro V and Holigores Patricia C
Bought by
Lopez Mario M and Lopez Christine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.82%

Purchase Details

Closed on
Sep 22, 1997
Sold by
Teh Bank Of New York
Bought by
Holigores Alejandro V and Holigores Patricia C

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
7.54%

Purchase Details

Closed on
Jun 26, 1997
Sold by
Tallon Ivan O and Bank Of New York
Bought by
Bank Of New York and Cwmbs Inc

Purchase Details

Closed on
Apr 20, 1994
Sold by
Tallon Ivan O and Tallon Juanita I
Bought by
Tallon Ivan O and Tallon Juanita I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.87%
Source: Public Records

Range of Values:

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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
Baello Alejandro B -- Accommodation
Baello Alejandro B $498,500 Fidelity Natl Title Ins Co
Parayno Manuel L -- Fidelity Natl Title Ins Co
Lopez Christine G -- --
Lopez Christine G -- United Title
Lopez Mario M $385,000 United Title Company
Holigores Alejandro V $200,000 Fidelity National Title Co
Bank Of New York $195,000 Landsafe Title
Tallon Ivan O -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baello Alejandro B $398,800
Previous Owner Lopez Christine G $397,000
Previous Owner Lopez Mario M $308,000
Previous Owner Holigores Alejandro V $180,000
Previous Owner Tallon Ivan O $228,000
Closed Lopez Mario M $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Sold $498,500 -5.8% $285 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $529,000 -- $302 / 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 $7,907 $634,507 $430,780 $203,727
2024 $7,907 $622,067 $422,334 $199,733
2023 $7,637 $609,870 $414,053 $195,817
2022 $7,252 $597,913 $405,935 $191,978
2021 $7,096 $586,190 $397,976 $188,214
2019 $6,912 $568,806 $386,173 $182,633
2018 $6,702 $557,653 $378,601 $179,052
2016 $6,056 $498,500 $363,900 $134,600
2015 $6,065 $492,231 $334,491 $157,740
2014 $5,721 $482,590 $327,939 $154,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15122315

California Regional Multiple Listing Service (CRMLS)

APN: 6253-020-006