NOT LISTED FOR SALE

8024 Cypress Ln Downey, CA 90241

Estimated Value: $780,000 - $982,000

3 Beds
2.5 Baths
1,782 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $535,000 $300 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,330/month

Highlights

  • Newly Remodeled
  • Primary Bedroom Suite
  • Great Room
  • Warren High School Rated A-
  • High Ceiling
  • Granite Countertops

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 an open den perfect for an office or 2nd living room. Included you will see beautifully upgraded hard surface flooring. The modern kitchen opens to the dining and great room and includes gorgeous granite countertops, white White cabinets and a walk in pantry. 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: 06/27/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 1,782 Sq Ft Lot
  • Zero Lot Line

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,782 Sq Ft Home
  • High Ceiling
  • Double Pane Windows
  • Window Screens
  • Great Room
  • Family or Dining Combination
  • Den
  • Laundry Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Low Flow Shower

Utilities

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

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Exterior Lighting

Community Details

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

Listing and Financial Details

  • Tax Lot 64
  • Tax Tract Number 73340

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,541

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$196 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • 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: 1782.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Pantry
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 300.22
  • Room Type: Den, Great Room, Kitchen, Laundry, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Low Flow Shower, Low Flow Toilet(s), Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Builder Name: KB Home Centerpointe
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Microwave, Tankless Water Heater
  • Heating Type: Central, Forced Air, ENERGY STAR Qualified Equipment
  • Laundry Features: Individual Room
  • 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: 1782.00

Multi Family

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

Tax Info

  • Tax Lot: 64
  • Tax Tract Number: 73340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2017
Closed on
Aug 21, 2017
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Shah Tushar and Boghawala Jesmine A
Seller's Agent
Andrea Lewis
No Firm Affiliation
Buyer's Agent
Ron Bentley
Equity Real Estate-Pacific Coast
List Price
$555,400
Sold Price
$535,000
Premium/Discount to List
-$20,400
-3.67%
Current Estimated Value
$856,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,528
Avg. Annual Appreciation
5.94%
Original Mortgage
$424,000
Outstanding Balance
$353,795
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$502,733
Source: Public Records

Range of Values:

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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
Shah Tushar $535,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Tushar $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2017 09/01/17 Sold $535,000 -3.7% $300 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
06/27/2017 06/27/17 For Sale $555,400 -- $312 / 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 $7,541 $608,734 $254,871 $353,863
2024 $7,541 $596,799 $249,874 $346,925
2023 $7,281 $585,098 $244,975 $340,123
2022 $6,910 $573,626 $240,172 $333,454
2021 $6,760 $562,379 $235,463 $326,916
2019 $6,574 $545,700 $228,480 $317,220
2018 $6,342 $535,000 $224,000 $311,000
2017 $1,351 $100,164 $100,164 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andrea Lewis

    No Firm Affiliation

  • Ron Bentley

    Buyer's Agent in 2017

    Ron Bentley

    Equity Real Estate-Pacific Coast

    (760) 277-7785

    47 Total Sales

    Ron Bentley
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17144069

California Regional Multiple Listing Service (CRMLS)

APN: 6251-044-002

California Los Angeles County Downey 90241

8024 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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