NOT LISTED FOR SALE

8000 Cypress Ln Downey, CA 90241

Estimated Value: $854,000 - $1,042,000

4 Beds
3.5 Baths
2,322 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $665,000 $286 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,668/month

Highlights

  • Primary Bedroom Suite
  • Main Floor Primary Bedroom
  • Walk-In Pantry
  • Warren High School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of October 2020

Beautiful new home in the Center of Downey. The first floor has a spacious entryway, access to the large 2-car garage, and a full bedroom with bathroom.On the second floor, the modern kitchen opens to the dining and great rooms which includes gorgeous quartz countertops, Java shaker cabinets, walk in pantry. Bright and Airy. On the third floor is the master bedroom with its walk-in closet and spaces two additional bedrooms and full bathroom. Central A/C and heating, tankless water heater, Smart Wi-Fi thermostat.. much more
Easy access to freeways, close to shopping, great restaurants, and Downtown Downey.

Last Agent to Rent the Property

Ji Jung Lee

Coldwell Banker Best Realty License #01305455 Listed on: 09/12/2020

Coldwell Banker Best Realty

Co-Listed By

Matthew Lee

Coldwell Banker Best Realty License #01369393

Last Renter's Agent

Ji Jung Lee

Coldwell Banker Best Realty License #01305455 Listed on: 09/12/2020

Coldwell Banker Best Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,877

Year Built

  • Built in 2017

Lot Details

  • 1,069 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOCP*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,322 Sq Ft Home
  • Great Room
  • Living Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Schools

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

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $4,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 9/15/20
  • Tax Lot 69
  • Tax Tract Number 73340
  • Assessor Parcel Number 6251044007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,877

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-09-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 7500.00

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • Zoning: DOCP*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 6251044007
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2322.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.42
  • Room Type: Great Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1069.00
  • Lot Size Acres: 0.0245

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 1069.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 69
  • Tax Tract Number: 73340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Aug 9, 2020
Sold by
Cato Felipe G Le and Martinez Monique
Bought by
Kim Jin Hyun
Seller's Agent
Ji Jung Lee
Coldwell Banker Best Realty
Buyer's Agent
Ji Jung Lee
Coldwell Banker Best Realty
Sold Price
$3,300
Current Estimated Value
$936,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,547
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Sep 8, 2017
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Le Cato Fellpe G and Martinez Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,690
Interest Rate
3.89%
Mortgage Type
New Conventional
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
Kim Jin Hyun $665,000 First American Title Company
Le Cato Fellpe G $627,500 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Cato Fellpe G $501,690
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2020 10/05/20 Rented $3,300 0.0% --
09/29/2020 09/29/20 Off Market $3,300 -- --
09/12/2020 09/12/20 For Rent $3,300 0.0% --
08/31/2020 08/31/20 Sold $665,000 -1.5% $286 / Sq Ft View Prior Sale
08/02/2020 08/02/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $674,900 -- $291 / 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 $8,877 $719,814 $319,749 $400,065
2024 $8,877 $705,701 $313,480 $392,221
2023 $8,571 $691,865 $307,334 $384,531
2022 $8,134 $678,300 $301,308 $376,992
2021 $7,960 $665,000 $295,400 $369,600
2020 $7,771 $652,434 $300,779 $351,655
2019 $7,679 $639,642 $294,882 $344,760
2018 $7,401 $627,100 $289,100 $338,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20187291

California Regional Multiple Listing Service (CRMLS)

APN: 6251-044-007