NOT LISTED FOR SALE

7918 8th St Downey, CA 90241

Estimated Value: $1,498,000 - $4,596,000

6 Beds
3.5 Baths
3,485 Sq Ft
$829/Sq Ft Est. Value

Last Sold July 07, 2017

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

Est. 8% decrease in value since last sale

Current estimated payment $16,363/month

9 Days on Market

Highlights

  • Horse Property
  • In Ground Pool
  • 68,138 Sq Ft lot
  • Warren High School Rated A-
  • Updated Kitchen
  • 5-minute walk to Furman Park

About This Home

As of July 2017

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!

Last Agent to Sell the Property

April Bayraktar

Coldwell Banker Realty License #01329019 Listed on: 05/23/2017

Coldwell Banker Realty

Last Buyer's Agent

David Jervis

Century 21 Jervis & Associates License #00909394

Century 21 Jervis & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,475

Year Built

  • Built in 1933

Lot Details

  • 1.56 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Back and Front Yard
  • Property is zoned DOR105

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Workshop in Garage
  • Driveway

Property Views

  • Orchard Views
  • Courtyard Views

Home Design

  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Stucco

Interior Spaces

  • 3,485 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Drapes & Rods
  • Window Screens
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Tile Bathroom Countertop
  • Bathtub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Horse Property
  • Covered Patio or Porch
  • Exterior Lighting
  • Outbuilding
  • Outdoor Grill
  • Rain Gutters

Schools

  • Rio Hondo Elementary School
  • Griffiths Middle School
  • Warren High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 1004
  • Tax Tract Number 550800
  • Assessor Parcel Number 6251026037

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,475

Year Built

Built in 1933

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: DOR105
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251026037
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3485.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Pantry, Recessed Lighting, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 760.40
  • Room Type: Basement, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office
  • Spa Features: In Ground, Private
  • Window Features: Drapes, Screens
  • Bathroom Features: Bathtub, Shower, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen, Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Outbuilding
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Courtyard, Orchard
  • Patio And Porch Features: Concrete, Covered, Patio Open, Tile
  • Pool Features: Private, In Ground, Fenced
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Oversized, Workshop in Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Downey Unified
  • Elementary School: Rio Hondo
  • Middle School: Griffiths
  • High School: Warren
  • Elementary School: Rio Hondo
  • High School: Warren
  • Middle Or Junior School: Griffiths
  • Elementary School #2: RIOHON
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Horse Property, Landscaped, Lot Over 40000 Sqft
  • Lot Size Sq Ft: 68138.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1004
  • Tax Census Tract: 5508.00
  • Tax Lot: 1
  • Tax Tract Number: 550800

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
$2,433,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$216,641
Avg. Annual Appreciation
1.42%

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:

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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
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 $397,751
Previous Owner Mccaughan Gary P $413,000
Previous Owner Mccaughan Gary P $421,000
Previous Owner Mccaughan Gary P $728,000
Previous Owner Mccaughan Gary P $85,500
Source: Public Records

Property History

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17104775

California Regional Multiple Listing Service (CRMLS)

APN: 6251-026-037