NOT LISTED FOR SALE

7918 8th St Downey, CA 90241

Estimated Value: $1,282,000 - $4,567,000

6 Beds
4 Baths
3,485 Sq Ft
$934/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $2,650,000 $760 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $19,967/month

About This Home

Picturesque Spanish Revival Estate, available for the first time in over 30 years. Situated at the end of a private cul-de-sac on an expansive one and one-half acre lot, this timeless residence offers six bedrooms, three and one-half bathrooms and 3,485 square feet of living space. Ideal for gatherings, the home features a spacious great room with voluminous beamed ceilings and a series of beautiful windows opening to one of several inviting patios. The open floor plan seamlessly connects all main rooms, while architectural archways, carved woodwork, cove ceilings, original painted tile accents, hardwood floors and wrought iron flourishes delight. The gorgeous formal living room showcases a treasured Batchelder style fireplace. Chefs will enjoy the redesigned kitchen featuring double oven and six burner stove overlooking the immense family room while retaining the home’s original character and charm. Incredibly versatile property offering easy living and unlimited possibility. Bonus features include: horse property, horse stable and run, four car garage, outdoor grilling station, outbuilding, workshop, outdoor brick fireplace, interior laundry room. The search for your dream home ends here. Don’t miss this rare opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2017
Closed on
Jun 2, 2017
Sold by
Mccaughan Gary P
Bought by
New South Central Properties Llc
Seller's Agent
April Bayraktar
Coldwell Banker Realty
Buyer's Agent
David Jervis
Century 21 Jervis & Associates
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%
Current Estimated Value
$3,256,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,517
Avg. Annual Appreciation
2.44%

Purchase Details

Closed on
Jun 20, 2003
Sold by
Mccaughan Gary P and Mccaughan Patricia L
Bought by
Mccaughan Gary P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2001
Sold by
Mccaughan Gary P and Mccaughan Patricia L
Bought by
Corporation Of The Presiding Bishop Of T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
New South Central Properties Llc $2,650,000 First American Title Company
Mccaughan Gary P -- Gateway Title
Corporation Of The Presiding Bishop Of T $289,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccaughan Gary P $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2017 07/07/17 Sold $2,650,000 -3.6% $760 / Sq Ft View Prior Sale
06/01/2017 06/01/17 Pending -- -- --
05/23/2017 05/23/17 For Sale $2,750,000 -- $789 / Sq Ft

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 $36,475 $3,015,242 $2,412,195 $603,047
2024 $36,475 $2,956,121 $2,364,898 $591,223
2023 $35,202 $2,898,159 $2,318,528 $579,631
2022 $33,400 $2,841,333 $2,273,067 $568,266
2021 $32,794 $2,785,622 $2,228,498 $557,124
2019 $32,039 $2,703,000 $2,162,400 $540,600
2018 $31,088 $2,650,000 $2,120,000 $530,000
2016 $17,588 $1,460,199 $1,216,087 $244,112
2015 $17,345 $1,438,267 $1,197,821 $240,446
2014 $16,358 $1,410,094 $1,174,358 $235,736
Source: Public Records

Agents Affiliated with this Home

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