NOT LISTED FOR SALE

11432 Julius Ave Downey, CA 90241

Estimated Value: $826,000 - $1,006,000

2 Beds
2 Baths
1,044 Sq Ft
$842/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $735,000 $704 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,464/month

9 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Granite Countertops
  • Double Pane Windows
  • Williams Elementary School Rated 9+
  • No HOA
  • Open Patio

About This Home

As of September 2021

Wonderful opportunity for first time home buyers. This recently upgraded, Great Mid Century Home in the city of Downey features 2 bedrooms and 2 bathrooms, spacious dinning room, enlarged custom kitchen cabinetry, island counter top, bar cabinets, LED lights, ceiling fans, and French doors. Private and ample green back yard, perfect for family & friends gatherings & entertainment with a covered patio and BBQ area. Other improvements include upgraded dual panel, vinyl windows, copper plumbing, A/C upgraded to 200 Amps & Heating split system. Centrally located near K-12 schools, restaurants, Stonewood Center, Promenade at Downey, Downey Landing, Furman Park, Apollo Park, Wilderness Park, Rio Hondo Golf Club, supermarkets, and easy access to FWYs. Plenty of parking space and attached one car garage, currently being used as an unpermitted additional room/storage. Property is being sold "AS-IS" present and physical conditions with no warranties expressed or implied. Subject property does not qualify for FHA financing. Do NOT disturb occupants.

Last Agent to Sell the Property

Giovanni Herrera

Citi Homes Realty, Inc. License #01131530 Listed on: 08/11/2021

Last Buyer's Agent

Claudia Fernandez

Remax Innovative License #02010017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,604

Year Built

  • Built in 1950

Lot Details

  • 5,257 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Front Yard Sprinklers
  • Property is zoned DOR15000*

Home Design

  • Midcentury Modern Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Dining Area

Kitchen

  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6248-012-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,604

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1044
  • Lot Acreage: 0.1207
  • Lot Dimensions: 50x105
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout
  • Flooring: Mixed, Laminate, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Remodeled, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Granite Counters, Remodeled
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 675.29
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Front
  • Horses: No
  • Assessor Parcel Number: 6248-012-006
  • Lot Size Area: 5257

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 20, 2021
Sold by
Moncayo Edgar O
Bought by
Perez Eric and Munoz Cecilia
Seller's Agent
Giovanni Herrera
Citi Homes Realty, Inc.
Buyer's Agent
Claudia Fernandez
Remax Innovative
List Price
$705,000
Sold Price
$735,000
Premium/Discount to List
$30,000
4.26%
Current Estimated Value
$878,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,690
Avg. Annual Appreciation
4.52%
Original Mortgage
$721,687
Outstanding Balance
$654,249
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$224,441

Purchase Details

Closed on
May 26, 2020
Sold by
Moncayo Edgar O and Moncayo Edgar O
Bought by
Moncayo Edgar O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Michel Armando and Michel Maria Guadalupe
Bought by
Moncayo Edgar O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Moncayo Jeannette
Bought by
Moncayo Edgar O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Perez Eric $735,000 Stewart Title Of California In
Moncayo Edgar O -- Provident Title Company
Moncayo Edgar O $355,000 Ticor Title Insurance
Moncayo Edgar O -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Eric $721,687
Previous Owner Moncayo Edgar O $303,000
Previous Owner Moncayo Edgar O $71,000
Previous Owner Moncayo Edgar O $284,000
Previous Owner Moncayo Edgar O $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $735,000 +4.3% $704 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $705,000 -- $675 / Sq Ft
Source: The MLS

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 $9,604 $779,986 $590,561 $189,425
2024 $9,604 $764,693 $578,982 $185,711
2023 $9,271 $749,700 $567,630 $182,070
2022 $8,799 $735,000 $556,500 $178,500
2021 $5,840 $476,725 $295,533 $181,192
2019 $5,690 $462,587 $286,768 $175,819
2018 $5,533 $453,518 $281,146 $172,372
2016 $4,908 $396,000 $242,000 $154,000
2015 $4,908 $396,000 $242,000 $154,000
2014 $4,171 $347,000 $212,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-771706

The MLS

APN: 6248-012-006