NOT LISTED FOR SALE

8012 Olive Ln Downey, CA 90241

Estimated Value: $890,000 - $956,000

4 Beds
3.5 Baths
2,322 Sq Ft
$400/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $695,000 $299 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,031/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Dual Staircase
  • Warren High School Rated A-
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of March 2021

BACK ON THE MARKET....Look no further this beautiful property located at Centerpointe complex has everything you dreamed of and more located just minutes away all shops an resturants, and downtown Downey, it features 4bdrm 4 bath split level with 2 car attached garage, office/bdrm at lower level entrance, mid level has an open floor plan high ceilings updated kitchen with sparkling counters, and an island for and separate dining area, the automatic custom shutters in living room and dining area allow for lots of light for a bright and airy kitchen, also has a large pantry in kitchen, top of the line appliances , dining area, as you go up another flight of stairs you have a laundry closet for stackable washer and dryer, a spacious master bedroom suite with a walk in closet and a large master bathroom , all bedrooms are very spacious, This property is being sold with furnishings this is a great location and very low association MUST SEE!

Last Agent to Sell the Property

Maria Cibrian

Century 21 Allstars License #01428610 Listed on: 02/06/2021

Century 21 Allstars

Last Buyer's Agent

Katie Wexler

Premier Realty Associates License #01984892

Premier Realty Associates

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,175

Year Built

  • Built in 2017

Lot Details

  • 1,069 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Modern Architecture
  • Turnkey
  • Planned Development

Interior Spaces

  • 2,322 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • High Ceiling
  • Recessed Lighting
  • Living Room
  • L-Shaped Dining Room
  • Home Office
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 73340
  • Assessor Parcel Number 6251043025

Community Details

Overview

  • 80 Units
  • Centerpoint Association, Phone Number (800) 672-7800
  • Centerpointe HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Park
  • Dog Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,175

Year Built

Built in 2017

Lot Details

0

HOA Fees

$176 per month

Parking

2

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Inclusions: washer, dryer, refrigerator, stove, custom blinds most Furniture!
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: DOCP*
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6251043025
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2322.00 Square Feet
  • Interior Amenities: 2 Staircases, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 299.31
  • Room Type: Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Two Masters, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower In Tub, Remodeled, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Upper Level, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Dog Park
  • Association Fee: 176.00
  • Association Fee Frequency: Monthly
  • Association Name: Centerpoint
  • Phone: 8006727800
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Dog Park, Park
  • Association Management: Centerpointe

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1069.00
  • Lot Size Acres: 0.0245

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1069.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 52
  • Tax Tract Number: 73340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
Mar 2, 2021
Sold by
Juneja Kunal
Bought by
Rutherford Stephanie Michelle
Seller's Agent
Maria Cibrian
Century 21 Allstars
Buyer's Agent
Katie Wexler
Premier Realty Associates
List Price
$699,900
Sold Price
$695,000
Premium/Discount to List
-$4,900
-0.7%
Current Estimated Value
$929,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,814
Avg. Annual Appreciation
6.77%
Original Mortgage
$489,140
Outstanding Balance
$437,589
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$490,308

Purchase Details

Closed on
Oct 27, 2017
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Juneja Kunal Ranjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,600
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Rutherford Stephanie Michelle $695,000 Fidelity National Title
Juneja Kunal Ranjit $649,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutherford Stephanie Michelle $100,000
Open Juneua Kunal Ranjit $489,140
Previous Owner Juneja Kunal Ranjit $489,140
Previous Owner Juneja Kunal Ranjit $415,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $695,000 -0.7% $299 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $699,900 0.0% $301 / Sq Ft
02/24/2021 02/24/21 Price Changed $699,900 -6.6% $301 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $749,000 0.0% $323 / Sq Ft
03/09/2020 03/09/20 Rented $3,800 -5.0% --
03/03/2020 03/03/20 Price Changed $4,000 -11.1% $2 / Sq Ft
02/22/2020 02/22/20 For Rent $4,500 -- --
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 $9,175 $752,288 $333,929 $418,359
2024 $9,175 $737,538 $327,382 $410,156
2023 $8,857 $723,077 $320,963 $402,114
2022 $8,403 $708,900 $314,670 $394,230
2021 $8,156 $682,213 $325,865 $356,348
2020 $8,029 $675,219 $322,524 $352,695
2019 $7,934 $661,980 $316,200 $345,780
2018 $7,652 $649,000 $310,000 $339,000
2017 $1,543 $116,892 $116,892 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21015960

California Regional Multiple Listing Service (CRMLS)

APN: 6251-043-025