Landlord's Agent in 2024
Pavan Maddi
Real Estate Mechanics
(562) 754-2726
13 Total Sales
12641 Cornuta Ave Downey, CA 90242
Estimated Value: $710,000 - $815,000
2
Beds
2.5
Baths
1,000
Sq Ft
$764/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- No HOA
- Living Room
- Downey High School Rated A-
- 1 Car Attached Garage
- Laundry Room
About This Home
As of February 2024Fully renovated and expanded front unit - 2 Bedroom (Ensuite Design), 2.5 Bath 1,000 Sq. Ft. The open concept design with each bedroom having their own bathroom makes this property very unique to the market. The property is well insulated with central HVAC, stainless steel appliance and washer and dryer. Construction is estimated to be complete around the middle of March 2024. DRIVEBY ONLY!!
Last Agent to Rent the Property
Real Estate Mechanics License #01834530 Listed on: 02/10/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 7,205 Sq Ft Lot
- Density is 2-5 Units/Acre
- Property is zoned DOR15000*
Parking
- 1 Car Attached Garage
- 1 Open Parking Space
- Attached Carport
- Parking Available
- Front Facing Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,000 Sq Ft Home
- 1-Story Property
- Living Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom Suite
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $6,700
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 3/15/24
- Tax Lot 33
- Tax Tract Number 14568
- Assessor Parcel Number 6283019051
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 20, 2024
Sold by
Rem Downey Llc
Bought by
Rem Downey Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,250
Outstanding Balance
$785,833
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$21,596
Purchase Details
Listed on
Jun 1, 2022
Closed on
Sep 22, 2022
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Rem Downey Llc
Seller's Agent
Brian Loyola
Circle Real Estate
Buyer's Agent
Pavan Maddi
Real Estate Mechanics
List Price
$599,900
Sold Price
$535,000
Premium/Discount to List
-$64,900
-10.82%
Views
62
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%
Purchase Details
Closed on
Mar 25, 2022
Sold by
Clear Recon Corporation
Bought by
Breckenridge Property Fund 201
Purchase Details
Closed on
Nov 13, 2013
Sold by
Yanik Ardash A
Bought by
Yanik Ardash A and J & D Property Investment Llc
Purchase Details
Closed on
Nov 7, 2009
Sold by
Goncuoglis Sarkis
Bought by
Yanik
Purchase Details
Closed on
Sep 12, 2007
Sold by
Goncuoglu Sarkis and Yanik Ardas
Bought by
Countrywide Bank Fsb
Purchase Details
Closed on
Sep 18, 2006
Sold by
Goncuoglu Arzalos
Bought by
Yanik Ardas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 14, 2006
Sold by
Saladino Mark J and Estate Of Charles E Matte
Bought by
Yanik Ardas and Goncuoglu Sarkis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
8%
Mortgage Type
Negative Amortization
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rem Downey Llc | -- | Pacific Coast Title Company | |
| Rem Downey Llc | $535,000 | Usa National Title | |
| Breckenridge Property Fund 201 | $595,603 | Accommodation/Courtesy Recordi | |
| Yanik Ardash A | -- | None Available | |
| Yanik | -- | None Available | |
| Yanik Ardas A | -- | None Available | |
| Countrywide Bank Fsb | $86,871 | Landsafe Title | |
| Yanik Ardas | -- | Chicago Title Co | |
| Yanik Ardas | $480,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rem Downey Llc | $796,250 | |
| Previous Owner | Yanik Ardas | $96,000 | |
| Previous Owner | Yanik Ardas | $336,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/27/2024 02/27/24 | Rented | $3,350 | 0.0% | -- | |
| 02/10/2024 02/10/24 | For Rent | $3,350 | 0.0% | -- | |
| 10/04/2022 10/04/22 | Sold | $535,000 | -10.8% | $435 / Sq Ft | View Prior Sale |
| 09/10/2022 09/10/22 | Pending | -- | -- | -- | |
| 09/08/2022 09/08/22 | For Sale | $599,900 | 0.0% | $488 / Sq Ft | |
| 09/07/2022 09/07/22 | For Sale | $599,900 | +12.1% | $488 / Sq Ft | |
| 07/31/2022 07/31/22 | Off Market | $535,000 | -- | -- | |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- | |
| 06/01/2022 06/01/22 | For Sale | $599,900 | +140.0% | $488 / Sq Ft | |
| 09/30/2018 09/30/18 | Sold | $250,000 | +0.4% | $203 / Sq Ft | View Prior Sale |
| 03/08/2018 03/08/18 | Pending | -- | -- | -- | |
| 06/18/2017 06/18/17 | For Sale | $249,000 | +3.8% | $202 / Sq Ft | |
| 04/11/2017 04/11/17 | Sold | $240,000 | -7.3% | $195 / Sq Ft | View Prior Sale |
| 02/11/2017 02/11/17 | Pending | -- | -- | -- | |
| 02/04/2017 02/04/17 | For Sale | $259,000 | +61.9% | $211 / Sq Ft | |
| 01/10/2013 01/10/13 | Sold | $160,000 | -- | $130 / Sq Ft | View Prior Sale |
| 09/27/2012 09/27/12 | Pending | -- | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,020 | $556,614 | $520,200 | $36,414 |
| 2024 | $7,020 | $545,700 | $510,000 | $35,700 |
| 2023 | $6,743 | $535,000 | $500,000 | $35,000 |
| 2022 | $6,076 | $495,764 | $289,956 | $205,808 |
| 2021 | $5,945 | $486,044 | $284,271 | $201,773 |
| 2020 | $5,854 | $481,062 | $281,357 | $199,705 |
| 2019 | $5,792 | $471,631 | $275,841 | $195,790 |
| 2018 | $5,654 | $462,384 | $270,433 | $191,951 |
| 2016 | $5,490 | $444,432 | $259,933 | $184,499 |
| 2015 | $5,135 | $414,000 | $241,100 | $172,900 |
| 2014 | $3,943 | $325,000 | $189,300 | $135,700 |
Source: Public Records
Agents Affiliated with this Home
-
Pavan Maddi
-
Brian Tello
Landlord's Co-Listing Agent in 2024
Brian Tello
Real Estate Mechanics
(562) 964-6057
6 Total Sales
-
Brian Loyola
B
Seller's Agent in 2022
Brian Loyola
Circle Real Estate
(714) 235-3572
69 Total Sales
-
James Stewart
J
Seller's Agent in 2018
James Stewart
Keller Williams Realty Calabasas
(818) 933-3100
-
Aaron Berger
A
Seller's Agent in 2017
Aaron Berger
Rubix Realty
(818) 761-7814
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24013539
APN: 6283-019-051
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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