NOT LISTED FOR SALE

12120 Cornuta Ave Downey, CA 90242

Estimated Value: $792,000 - $844,000

3 Beds
2 Baths
1,176 Sq Ft
$705/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $795,000 $676 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,300/month

103 Days on Market

Highlights

  • Main Floor Bedroom
  • Private Yard
  • 1 Car Attached Garage
  • Downey High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2024

3 Bed, 2 Bath Home in Sought-After Downey, California

Strong Principle of Progression is evident based on the overall surrounding community, indicating a promising future and increasing value.
Prefect for a First Time Home Buyer: Not only a smart investment, this property is a HOME
Fit for any Investor: Great to add to any size portfolio
For the first time in decades, a beautifully maintained 3-bedroom, 2-bathroom home is available in the highly desired city of Downey, California.

Stunning Features and Modern Comforts:

Elegant Bathrooms: The home boasts beautifully designed bathrooms, blending functionality with style.
Expansive Backyard: A large, well-maintained backyard, complete with storage sheds, offers ample space for relaxation and outdoor activities.
Clean Kitchen: The kitchen featuring granite countertops and plenty of cabinets, is ideal for family meals.
New Flooring: Step into luxury with beautiful new flooring throughout the home, adding a touch of elegance to every room.
Unbeatable Location:

Shopping and Entertainment: Located just minutes from the Stonewood Mall and within walking distance of the Downey Landing, this home provides easy access to shopping, dining, and entertainment.
Top-Rated Schools: Situated within a highly accredited school district, it's an excellent choice for families prioritizing education.
Convenient Commuting: There is Quick and easy access to the I5, 605, 710, and 105 freeways makes commuting across Southern California a breeze.

Investment Potential:
Don't miss your chance to own a piece of this vibrant community. Act now to make this exceptional property your new home or your next great investment.

Last Agent to Sell the Property

Lucian Petrusan

C-21 Realty Team License #02188626 Listed on: 10/25/2023

Last Buyer's Agent

JULIANA MARTIN

EXCELLENCE RE REAL ESTATE License #02080619

EXCELLENCE RE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,423

Year Built

  • Built in 1952

Lot Details

  • 5,711 Sq Ft Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 16242
  • Assessor Parcel Number 6283012004
  • $419 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,423

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 5623323995
  • Property Attached: No
  • View: No
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6283012004
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1176.00 Square Feet
  • Stories: 1
  • Entry Location: Facing Street
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 676.02
  • Room Type: Family Room, Kitchen, Laundry, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 5711.00
  • Lot Size Acres: 0.1311

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5711.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5511.01
  • Tax Lot: 4
  • Tax Tract Number: 16242
  • TaxOtherAnnualAssessmentAmount: 419.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Mar 4, 2024
Sold by
Petrusan Silvia
Bought by
Petrusan Alexandru V
Seller's Agent
Lucian Petrusan
C-21 Realty Team
Buyer's Agent
JULIANA MARTIN
EXCELLENCE RE REAL ESTATE
List Price
$799,900
Sold Price
$795,000
Premium/Discount to List
-$4,900
-0.61%
Views
241
Current Estimated Value
$828,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,572
Avg. Annual Appreciation
2.41%
Original Mortgage
$779,964
Outstanding Balance
$767,883
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$55,406

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 8, 2024
Sold by
Petrusan Alexandru V
Bought by
Martin Juan De Jesus and Valdovinos Jannella
Seller's Agent
Lucian Petrusan
C-21 Realty Team
Buyer's Agent
JULIANA MARTIN
EXCELLENCE RE REAL ESTATE
List Price
$799,900
Sold Price
$795,000
Premium/Discount to List
-$4,900
-0.61%
Views
241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,964
Outstanding Balance
$767,883
Interest Rate
6.69%
Mortgage Type
FHA
Estimated Equity
$55,406

Purchase Details

Closed on
Mar 27, 2023
Sold by
National Default Servicing Corporation
Bought by
Hester Linda J
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
Petrusan Alexandru V -- California Best Title
Martin Juan De Jesus $795,000 California Best Title
Hester Linda J $567,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Juan De Jesus $779,964
Previous Owner Hester Linda J $100,000
Previous Owner Hester Linda J $73,608
Previous Owner Hester Linda J $50,000
Previous Owner Hester Linda J $30,000
Previous Owner Hester Linda J $62,930
Previous Owner Hester Linda J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $795,000 +1.9% $676 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/26/2024 01/26/24 Price Changed $779,900 -2.5% $663 / Sq Ft
10/25/2023 10/25/23 For Sale $799,900 -- $680 / 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 $9,423 $810,900 $694,722 $116,178
2024 $9,423 $744,600 $510,000 $234,600
2023 $1,162 $69,444 $35,074 $34,370
2022 $1,114 $68,084 $34,387 $33,697
2021 $1,068 $66,750 $33,713 $33,037
2019 $1,042 $64,772 $32,714 $32,058
2018 $911 $63,503 $32,073 $31,430
2016 $865 $61,039 $30,829 $30,210
2015 $852 $60,123 $30,366 $29,757
2014 $821 $58,947 $29,772 $29,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23198729

California Regional Multiple Listing Service (CRMLS)

APN: 6283-012-004