NOT LISTED FOR SALE

12364 Downey Ave Downey, CA 90242

Estimated Value: $1,006,000 - $1,125,000

2 Beds
2 Baths
2,083 Sq Ft
$514/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $760,000 $365 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,420/month

76 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Workshop
  • Downey High School Rated A-
  • No HOA
  • 2 Car Direct Access Garage

About This Home

As of July 2020

This beautiful home sits on a huge, over-sized, and very spacious lot of 13,012 sq. ft with outstanding curb appeal. The home is very spacious at 2,083 square feet. The kitchen was renovated approximately 6 years ago, with stainless steel appliances, granite counter tops, refrigerator, range, double ovens, sink, and dishwasher; all top of the line appliances. The front living room is very spacious and comfortable with a bay window, modern, laminate flooring less than 5 years old. There is a spacious, adjacent dining room with continued laminate, newer flooring. There are 2 very large dens, one with carpet and wainscoting, the other is a country style den with high beamed ceilings with recessed lighting and a stone fireplace, and 2 large sliding glass doors which lead to the very large back yard with room to build a swimming pool. The home currently has 2 bedrooms, and potential to convert back to 3 bedrooms, 2 bathrooms, and a spacious workshop/ bonus room off of rear garage that may possibly be converted to auxiliary dwelling unit (buyer to verify w City of Downey). The home has a detached 2-car garage, with an over sized driveway that may fit an additional 2 vehicles. Must see to fully appreciate its potential. There is a lot to the rear of 12,239 square feet that is concurrently being sold as well by same seller(s).ALL INDIVIDUALS THAT ENTER THE PROPERTY MUST SIGN CAR PEAD FORM and submit to AGENT prior to entry AND ADHERE TO POSTED COVID SAFETY RULES, see Supplement.

Last Agent to Sell the Property

Bart Lococo

LV Realty Corp License #01950913 Listed on: 04/03/2020

Co-Listed By

Cas Lombardo

LV Realty Corp License #01148423

Last Buyer's Agent

Ray Miramontes

Circle Real Estate License #01931740

Circle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in average condition
  • Landscaped
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Available
  • Workshop in Garage
  • Front Facing Garage
  • Side by Side Parking
  • Garage Door Opener
  • Driveway Level
  • Parking Lot

Home Design

  • Fiberglass Roof

Interior Spaces

  • 2,083 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Workshop
  • Utility Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Schools

  • Alameda Elementary School
  • Sussman Middle School
  • Downey High School

Utilities

  • High Efficiency Air Conditioning
  • Central Air

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 11462
  • Assessor Parcel Number 6261003028

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6261003028
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2083.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 364.86
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room, Utility Room, Workshop

Exterior Features

  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Average Condition, Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Level, Garage, Garage Faces Front, Garage Door Opener, Oversized, Parking Space, Private, Side by Side, Workshop in Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Street Lights, Suburban

Schools

  • Elementary School: Alameda
  • High School: Downey
  • Middle Or Junior School: Sussman
  • Elementary School #2: ALAMED
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Near Public Transit, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 13012.00
  • Lot Size Acres: 0.2987

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13012.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5512.02
  • Tax Lot: 14
  • Tax Tract Number: 11462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Jul 1, 2020
Sold by
Fredericks Gary Lee and Fredericks Family Trust
Bought by
Chaman Hilda
Seller's Agent
Bart Lococo
LV Realty Corp
Buyer's Agent
Ray Miramontes
Circle Real Estate
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Current Estimated Value
$1,070,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,765
Avg. Annual Appreciation
6.44%
Original Mortgage
$608,000
Outstanding Balance
$539,134
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$531,631

Purchase Details

Closed on
Jan 13, 1994
Sold by
Fredericks Jeanne Frances
Bought by
Fredericks Robert A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chaman Hilda $760,000 Corinthian Title Company
Fredericks Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaman Hilda $608,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $760,000 -4.9% $365 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $799,000 +5.1% $384 / Sq Ft
04/05/2020 04/05/20 Off Market $760,000 -- --
04/03/2020 04/03/20 For Sale $799,000 -- $384 / 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 $10,322 $822,646 $634,196 $188,450
2024 $10,322 $806,516 $621,761 $184,755
2023 $9,970 $790,703 $609,570 $181,133
2022 $9,470 $775,200 $597,618 $177,582
2021 $9,241 $760,000 $585,900 $174,100
2020 $1,956 $129,510 $52,653 $76,857
2019 $1,935 $126,971 $51,621 $75,350
2018 $1,766 $124,482 $50,609 $73,873
2016 $1,685 $119,650 $48,645 $71,005
2015 $1,661 $117,854 $47,915 $69,939
2014 $1,590 $115,546 $46,977 $68,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20069109

California Regional Multiple Listing Service (CRMLS)

APN: 6261-003-028