NOT LISTED FOR SALE

12616 Ibbetson Ave Downey, CA 90242

Estimated Value: $690,000 - $769,000

2 Beds
1 Bath
750 Sq Ft
$977/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $700,000 $933 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,938/month

29 Days on Market

Highlights

  • Private Yard
  • No HOA
  • 1 Car Attached Garage
  • Downey High School Rated A-
  • Neighborhood Views
  • Laundry Room

About This Home

As of August 2024

Timeless treasure for sale! An original 2 bedroom, 1 bath home in Downey that’s been restored with refinished hardwood floors and freshly painted interior. The home has a 1 car attached garage and a large yard. Located near 105 and 605 freeways and near retail and restaurants such as Downey Promenade and Downey Landing.

Last Agent to Sell the Property

Michael Berdelis

24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01234589 Listed on: 06/10/2024

Last Buyer's Agent

Araceli Gutierrez

Century 21 Allstars License #01392227

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,946 Sq Ft Lot
  • Private Yard
  • Property is zoned DOR105

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Schools

  • Sussman Middle School
  • Downey High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 14568
  • Assessor Parcel Number 6283023018
  • $376 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6283023018
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 750.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 933.33
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • High School: Downey
  • Middle Or Junior School: Sussman
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5946.00
  • Lot Size Acres: 0.1365
  • Latitude Manual: 33.91632100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5946.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5518.02
  • Tax Lot: 92
  • Tax Tract Number: 14568
  • TaxOtherAnnualAssessmentAmount: 376.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 2, 2024
Sold by
Mandt Denia Pauline and Ehrig Denia Pauline
Bought by
Olea-Angon Nellie T and Angon Vicente Cruz
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Araceli Gutierrez
Century 21 Allstars
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Views
139
Current Estimated Value
$742,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,476
Avg. Annual Appreciation
3.17%
Original Mortgage
$140,000
Outstanding Balance
$138,422
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$594,426
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
Olea-Angon Nellie T -- Monarch Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olea-Angon Nellie T $140,000
Open Olea-Angon Nellie T $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $700,000 +3.7% $933 / Sq Ft
06/10/2024 06/10/24 For Sale $675,000 -- $900 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $902 $700,000 $210,000 $490,000
2024 $902 $50,649 $24,963 $25,686
2023 $878 $49,657 $24,474 $25,183
2022 $841 $48,685 $23,995 $24,690
2021 $800 $47,731 $23,525 $24,206
2019 $779 $46,317 $22,828 $23,489
2018 $747 $45,410 $22,381 $23,029
2016 $710 $43,649 $21,513 $22,136
2015 $698 $42,994 $21,190 $21,804
2014 $676 $42,152 $20,775 $21,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24117868

California Regional Multiple Listing Service (CRMLS)

APN: 6283-023-018