NOT LISTED FOR SALE

12931 Kipway Dr Downey, CA 90242

Estimated Value: $699,000 - $764,000

3 Beds
1 Bath
1,100 Sq Ft
$659/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $400,000 $364 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,453/month

10 Days on Market

Highlights

  • Contemporary Architecture
  • Property is near public transit
  • No HOA
  • Downey High School Rated A
  • Granite Countertops
  • Galley Kitchen

About This Home

As of May 2015

Modern and sleek, this great looking single family home is ready for a new owner. Walk into homeownership in style and ahead of the rest. This home has been tremendously upgraded throughout and most importantly it has been loved and cared for. It offers a spacious kitchen with granite counters tops, stainless steal appliances, recess lighting, title flooring, and plenty of storage space. The living room and dining room areas are inviting, bright, airy, and so comfy you wont want to leave. All three bedrooms are large and sizable, there is no cramp feeling in here! Not impressed yet, check out the backyard pictures. A vast and wide area with plenty of privacy for those loud family gatherings. New patio covering just recently installed. Still need some convincing? this property was fully rehabbed in 2010 - plenty of newer and upgraded all around. Still need more reason to check out this home? well come and discover a great neighborhood with a strong sense of community. A place where all neighbors know your first name and you can expect activities for major holidays. Don't miss on a great opportunity!

Last Agent to Sell the Property

Albert Soto

True Inmobiliaria License #01478858 Listed on: 02/09/2015

Last Buyer's Agent

Sean Rees

HomeSmart, Evergreen Realty License #00925930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,027

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 5,180 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Dining Room
  • Home Security System

Kitchen

  • Galley Kitchen
  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Microwave
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 14134
  • Assessor Parcel Number 6262013021

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,027

Year Built

Built in 1951 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6262013021
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1100.00
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 363.64
  • Room Type: Galley Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Patio Open, Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Microwave, Recirculated Exhaust Fan
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Storm Drains, Urban

Schools

  • School District: Downey Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Near Public Transit
  • Lot Size Sq Ft: 5180.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5180.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 14134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 6, 2015
Sold by
Berube Marybeth
Bought by
Luna Carlos A and Luna Karen Manibel
Seller's Agent
Albert Soto
True Inmobiliaria
Buyer's Agent
Sean Rees
HomeSmart, Evergreen Realty
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Current Estimated Value
$725,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,068
Avg. Annual Appreciation
6.09%
Original Mortgage
$392,755
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2010
Sold by
Pacific Land Management Llc
Bought by
Berube Marybeth and Berube David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Pacific Land Management Llc

Purchase Details

Closed on
Mar 13, 2009
Sold by
Teran Gudelio
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 8, 2008
Sold by
Teran Gudelio
Bought by
Wilmington Finance Inc

Purchase Details

Closed on
Aug 31, 2004
Sold by
Duenas Saul
Bought by
Teran Gudelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Dedios Manuel
Bought by
Duenas Saul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2000
Sold by
Dedios Manuel and Dedios Benigna
Bought by
Dedios Manuel and Dedios Benigna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
11.25%

Purchase Details

Closed on
Aug 3, 1994
Sold by
Munger William E
Bought by
Dedios Manuel and Dedios Benigna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
8.58%

Purchase Details

Closed on
Feb 9, 1994
Sold by
Munger William E
Bought by
Munger William E
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
Luna Carlos A $400,000 Western Resources Title Co
Berube Marybeth $350,000 Act
Pacific Land Management Llc $250,000 Lsi Title Company Ca
Deutsche Bank National Trust Company $272,000 None Available
Wilmington Finance Inc $272,000 None Available
Teran Gudelio $392,000 Investors Title Company
Duenas Saul $275,000 Southland Title
Dedios Manuel -- First Southwestern Title Co
Dedios Manuel $152,000 Stewart Title Company
Munger William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luna Carlos A $446,250
Closed Luna Carlos A $368,000
Closed Luna Carlos A $367,000
Closed Luna Carlos A $392,755
Previous Owner Berube Marybeth $343,660
Previous Owner Teran Gudelio $30,000
Previous Owner Teran Gudelio $412,000
Previous Owner Teran Gudelio $313,600
Previous Owner Duenas Saul $38,000
Previous Owner Duenas Saul $261,250
Previous Owner Dedios Manuel $180,200
Previous Owner Dedios Manuel $148,000
Previous Owner Dedios Manuel $137,200
Closed Teran Gudelio $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $400,000 -3.6% $364 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $415,000 -- $377 / 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 $6,027 $480,728 $354,538 $126,190
2024 $6,027 $471,303 $347,587 $123,716
2023 $5,821 $462,063 $340,772 $121,291
2022 $5,529 $453,004 $334,091 $118,913
2021 $5,407 $444,123 $327,541 $116,582
2019 $5,267 $430,952 $317,827 $113,125
2018 $5,099 $422,503 $311,596 $110,907
2016 $4,947 $406,099 $299,498 $106,601
2015 $4,676 $375,906 $243,266 $132,640
2014 -- $368,543 $238,501 $130,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15027791

California Regional Multiple Listing Service (CRMLS)

APN: 6262-013-021