NOT LISTED FOR SALE

Estimated Value: $790,162 - $949,000

5 Beds
3 Baths
1,667 Sq Ft
$511/Sq Ft Est. Value

Last Sold May 16, 2017

Last sale price $550,000 $330 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,074/month

159 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Downey High School Rated A-
  • Wall Furnace

About This Home

As of May 2017

well maintained units,in nice area close to everything. newer bathrooms,several upgrades lots of Parking,duplex, tenant occupied, Huge price reduction square footage is 1667,3 bedroom 2 bath and 2 bedroom 1 bath(,plus a den, may not be permitted )corrected, good rentals live in one rent one or great investment properties..Hard to find a duplex fpr sale in Downey here it is, units are being sold as , no repairs will be done other than required.we are in a multiple offer situation

Last Agent to Sell the Property

Ken Kellogg

Kenneth Richard Kellogg, Broke License #01415040 Listed on: 10/14/2016

Last Buyer's Agent

Ken Kellogg

Kenneth Richard Kellogg, Broke License #01415040 Listed on: 10/14/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,047 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Home Design

  • 1,667 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 201
  • Assessor Parcel Number 6263009039

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $114
  • Insurance Expense $125
  • Trash Expense $25
  • Water Sewer Expense $45
  • New Taxes Expense $450
  • Operating Expense $725
  • Gross Income $3,700
  • Net Operating Income $3,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 45.00
  • Zoning: DOC1*
  • Property Type: Residential Income
  • Parcel Number: 6263009039
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 329.93
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 25.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5047.00

Multi Family

  • Electric Expense: 114.00
  • Gross Income: 3700.00
  • Gross Scheduled Income: 3700.00
  • Insurance Expense: 125.00
  • Net Operating Income: 3400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Expenses: 725.00

Tax Info

  • New Taxes Expense: 450.00
  • Tax Census Tract: 5517.00
  • Tax Lot: 22
  • Tax Tract Number: 201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2016
Closed on
Apr 13, 2017
Sold by
Shubin Gregory and Shubin Sharlene L
Bought by
Zhang Qin and Ip Chi Shing
Seller's Agent
Ken Kellogg
Kenneth Richard Kellogg, Broke
Buyer's Agent
Ken Kellogg
Kenneth Richard Kellogg, Broke
List Price
$580,000
Sold Price
$550,000
Premium/Discount to List
-$30,000
-5.17%
Current Estimated Value
$852,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,541
Avg. Annual Appreciation
5.18%

Purchase Details

Closed on
Jun 19, 2015
Sold by
Fernandez Joseph L and Fernandez Amelia
Bought by
Shubin Grego and Shubin Sharlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2012
Sold by
Fernandez Joseph L and Fernandez Amelia S
Bought by
Fernandez Joseph L and Fernandez Amelia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhang Qin $540,000 Chicago Title Company
Shubin Grego $450,000 Chicago Title Company
Fernandez Joseph L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shubin Grego $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2017 05/16/17 Sold $550,000 0.0% $330 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/10/2017 04/10/17 Off Market $550,000 -- --
04/06/2017 04/06/17 Price Changed $550,000 -5.2% $330 / Sq Ft
04/05/2017 04/05/17 Price Changed $580,000 0.0% $348 / Sq Ft
04/05/2017 04/05/17 For Sale $580,000 -3.3% $348 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $599,999 -1.6% $360 / Sq Ft
02/15/2017 02/15/17 Price Changed $610,000 0.0% $366 / Sq Ft
02/15/2017 02/15/17 For Sale $610,000 -1.0% $366 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
01/16/2017 01/16/17 Price Changed $615,999 0.0% $370 / Sq Ft
01/16/2017 01/16/17 For Sale $615,999 -1.6% $370 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
11/21/2016 11/21/16 Price Changed $625,999 -3.1% $376 / Sq Ft
11/01/2016 11/01/16 Price Changed $645,999 0.0% $388 / Sq Ft
11/01/2016 11/01/16 For Sale $645,999 +17.5% $388 / Sq Ft
10/14/2016 10/14/16 Off Market $550,000 -- --
09/25/2015 09/25/15 Sold $450,000 0.0% $161 / Sq Ft View Prior Sale
06/28/2015 06/28/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $450,000 -- $161 / 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 $7,931 $626,708 $376,026 $250,682
2024 $7,931 $614,420 $368,653 $245,767
2023 $7,662 $602,374 $361,425 $240,949
2022 $7,279 $590,564 $354,339 $236,225
2021 $7,106 $578,986 $347,392 $231,594
2020 $6,999 $573,050 $343,830 $229,220
2019 $6,925 $561,815 $337,089 $224,726
2018 $6,729 $550,800 $330,480 $220,320
2016 $6,752 $548,000 $280,000 $268,000
2015 $1,028 $57,273 $29,150 $28,123
2014 $997 $56,152 $28,579 $27,573
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16725527

California Regional Multiple Listing Service (CRMLS)

APN: 6263-009-039