NOT LISTED FOR SALE

11938 Downey Ave Downey, CA 90242

Estimated Value: $599,000 - $640,000

2 Beds
2.5 Baths
1,273 Sq Ft
$200/mo HOA Fee

Last Sold April 05, 2022

Last sale price $525,000 $412 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,119/month

4 Days on Market

Highlights

  • No Units Above
  • 0.79 Acre Lot
  • Bathtub with Shower
  • Downey High School Rated A
  • Traditional Architecture
  • Open Patio

About This Home

As of April 2022

Located in the heart of Downey, check out this townhouse style condominium. Well maintained throughout! Rock fireplace in living room and plantation shutters. Wood cabinets in kitchen, with stove and refrigerator.Laundry room downstairs,washer and dryer included. Upstairs there are 2 large bedrooms. Primary bedroom has an ensuite bath, large closet and shutters. Hall bath is a full bath.
Wqlk out through newer sliding glass door that opens to large cement patio. New vinyl fencing between units. 2 car detached garage. Gated parking. Low HOA dues of $200.00 monthly!

Last Agent to Sell the Property

Marie Picarelli

24 Hour Real Estate License #00610605 Listed on: 02/22/2022

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,846

Year Built

  • Built in 1979

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,273 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Alameda Elementary School
  • Downey High School

Additional Features

  • Open Patio
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Front Yard Maintenance
  • 12 Units
  • Association Phone (562) 943-3370
  • Moore Management HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34867
  • Assessor Parcel Number 6258009049
  • $343 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,846

Year Built

Built in 1979

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: DOR15000*
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6258009049
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1273.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 412.41
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water, Maintenance Front Yard
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: unknown
  • Phone: 5629433370
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Moore management

Schools

  • School District: Downey Unified
  • Elementary School: Alameda
  • High School: Downey
  • Elementary School: Alameda
  • High School: Downey
  • Elementary School #2: ALAMED
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 34204.00
  • Lot Size Acres: 0.7852

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34204.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Census Tract: 5512.02
  • Tax Lot: 1
  • Tax Tract Number: 34867
  • TaxOtherAnnualAssessmentAmount: 343.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 2, 2022
Sold by
Foster Bill H
Bought by
Spahic Mirsad and Delspahic Mayra Del
Seller's Agent
Marie Picarelli
24 Hour Real Estate
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$499,999
Sold Price
$525,000
Premium/Discount to List
$25,001
5%
Current Estimated Value
$614,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,521
Avg. Annual Appreciation
4.34%
Original Mortgage
$420,000
Outstanding Balance
$393,690
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$212,609

Purchase Details

Closed on
Aug 5, 1996
Sold by
Sutton Bonnie J
Bought by
Foster Bill H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.23%
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
Spahic Mirsad $519,545 None Listed On Document
Foster Bill H $120,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spahic Mirsad $420,000
Previous Owner Foster Bill H $100,000
Previous Owner Foster Bill H $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $525,000 +5.0% $412 / Sq Ft
02/27/2022 02/27/22 For Sale $499,999 -4.8% $393 / Sq Ft
02/24/2022 02/24/22 Off Market $525,000 -- --
02/22/2022 02/22/22 For Sale $499,999 -- $393 / 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 $6,846 $557,132 $343,512 $213,620
2024 $6,846 $546,209 $336,777 $209,432
2023 $6,610 $535,500 $330,174 $205,326
2022 $2,394 $184,144 $39,739 $144,405
2021 $2,324 $180,534 $38,960 $141,574
2019 $2,263 $175,181 $37,805 $137,376
2018 $2,185 $171,747 $37,064 $134,683
2016 $2,105 $165,080 $35,626 $129,454
2015 $2,075 $162,601 $35,091 $127,510
2014 $1,968 $159,417 $34,404 $125,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22033271

California Regional Multiple Listing Service (CRMLS)

APN: 6258-009-049