NOT LISTED FOR SALE

8020 Cypress Ln Downey, CA 90241

Estimated Value: $870,000 - $1,104,000

4 Beds
3.5 Baths
2,124 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $604,990 $285 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,949/month

Highlights

  • Newly Remodeled
  • High Ceiling
  • Walk-In Pantry
  • Warren High School Rated A-
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of September 2017

Beautiful brand new home in the Center of Downey offering 3 levels of spacious living. The first floor features a bedroom and full bathroom. This home offers large windows throughout creating an open, airy living space. The modern kitchen has gorgeous granite countertops against white cabinets and includes a walk in pantry. The kitchen opens up to the dining and great room with beautifully upgraded hard surface flooring. The master suite has a walk in closet and the master bathroom includes dual sinks with Vanity space. You’ll also discover energy efficient features throughout, including a tankless water heater, wi-fi equipped thermostat, Traverse LED lighting and Whirlpool® ENERGY STAR® certified appliances, including stainless steel stove, dishwasher and Microwave. This ENERGY STAR® certified home is conveniently located with easy access to schools, shopping and freeways and comes with the KB Home 10-Year Limited Warranty. Estimated completion August 2017

Last Agent to Sell the Property

Andrea Lewis

No Firm Affiliation License #00883674 Listed on: 06/23/2017

Last Buyer's Agent

Andrea Lewis

No Firm Affiliation License #00883674 Listed on: 06/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,508

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 2,124 Sq Ft Lot
  • Zero Lot Line

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Stucco

Interior Spaces

  • 2,124 Sq Ft Home
  • High Ceiling
  • Double Pane Windows

Kitchen

  • Walk-In Pantry
  • Gas Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Low Flow Toliet
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 73340

Community Details

Overview

  • Centerpointe Association, Phone Number (800) 672-7800
  • Built by KB Home
  • Plan 3

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,508

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$196 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2124.00 Square Feet
  • Interior Amenities: High Ceilings
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 284.84
  • Room Type: Kitchen, Laundry, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Shower
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Builder Name: KB Home
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Tankless Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 196.00
  • Association Fee Frequency: Monthly
  • Association Name: Centerpointe
  • Phone: 800-672-7800
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 2124.00

Multi Family

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

Tax Info

  • Tax Lot: 65
  • Tax Tract Number: 73340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Aug 21, 2017
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Patel Neal D
Seller's Agent
Andrea Lewis
No Firm Affiliation
Buyer's Agent
Andrea Lewis
No Firm Affiliation
List Price
$626,508
Sold Price
$604,990
Premium/Discount to List
-$21,518
-3.43%
Current Estimated Value
$958,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,823
Avg. Annual Appreciation
5.81%
Original Mortgage
$330,990
Outstanding Balance
$276,186
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$682,627
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
Patel Neal D $605,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Neal D $330,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $604,990 -3.4% $285 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $626,508 -- $295 / 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 $8,508 $688,382 $170,671 $517,711
2024 $8,508 $674,885 $167,325 $507,560
2023 $8,216 $661,653 $164,045 $497,608
2022 $7,797 $648,680 $160,829 $487,851
2021 $7,628 $635,962 $157,676 $478,286
2019 $7,420 $617,100 $153,000 $464,100
2018 $7,147 $605,000 $150,000 $455,000
2017 $1,543 $116,892 $116,892 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andrea Lewis

    No Firm Affiliation

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17144055

California Regional Multiple Listing Service (CRMLS)

APN: 6251-044-003

California Los Angeles County Downey 90241

8020 Cypress Ln, Downey, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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