NOT LISTED FOR SALE

8024 Olive Ln Downey, CA 90241

Estimated Value: $806,000 - $934,000

3 Beds
2.5 Baths
1,896 Sq Ft
$450/Sq Ft Est. Value

Highlights

  • Contemporary Architecture
  • Park or Greenbelt View
  • 2 Car Attached Garage
  • Wood Flooring
  • Den
  • Community Barbecue Grill

About This Home

As of October 2021

Spacious & Modern TH style Single Family home built in 2017! This beautiful home features 3 bedrooms, 2.5 baths and a bonus room which could be used as a bedroom or home office (currently used as a gym). The 2nd floor has a large open concept living/kitchen/dining room great for entertaining. The upgraded chef's kitchen features 42" cabinets, granite slab counters, stainless steel appliances, a large center island with pendant lighting and a walk-in pantry. 3 bedrooms up, very convenient that all bedrooms and laundry are on the same level! The primary suite features a large bathroom with a double vanity, marble counter tops and a walk-in closet. Great natural light throughout, Central Heat and A/C, recessed lighting, beautiful laminate floors and custom Silhouette window treatments throughout. This home also features a custom fireplace (rare for the complex) and a 2 car attached garage with direct access. Energy Star certified, there are many energy saving fixtures to help keep the utility costs down. Wifi enabled Cor Thermostat which connects to your smartphone, Ring Doorbell and Camera in the rear included. Great location, in the heart of Downey~with close proximity to the freeways, Downtown Downey, shopping and restaurants. Available November 1st.

Last Agent to Rent the Property

Sara Deskins

Compass License #01813765 Listed on: 09/27/2021

Compass

Last Renter's Agent

Sara Deskins

Compass License #01813765 Listed on: 09/27/2021

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 916 Sq Ft Lot
  • Property is zoned DOCP*

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,896 Sq Ft Home
  • 3-Story Property
  • Electric Fireplace
  • Den
  • Park or Greenbelt Views
  • Laundry on upper level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Community Barbecue Grill

Listing and Financial Details

  • Security Deposit $3,750
  • Tenant pays for electricity, cable TV, gas, trash collection, water, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 6251-043-023

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Excludes: Tenant pays all utilities.
  • Security Deposit: 3750
  • Tenant Pays: Electricity, Cable TV, Gas, Trash Collection, Water, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Exclusions: Washer/Dryer and Refrigerator.
  • Lease Terms: 1+Year
  • Living Area: 1896
  • Lot Acreage: 0.0210
  • Planned Urban Dev: 1
  • Stories: 3
  • Year Built: 2017
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Electric
  • Flooring: Laminate, Hardwood, Mixed, Carpet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, On Upper Level, Laundry Closet Stacked
  • Total Bathrooms: 3.00
  • Equipment: Microwave, Garbage Disposal, Dishwasher, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1.98

Exterior Features

  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Barbecue
  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6251-043-023
  • Lot Size Area: 916

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Catterson Living Trust and Catterson Leslie N
Bought by
Catterson Living Trust and Catterson
Current Estimated Value
$852,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$473,069
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$379,218

Purchase Details

Closed on
Nov 2, 2019
Sold by
Catterson Leslie N and Catterson Cynthia B
Bought by
Catterson Leslie N and Catterson Cynthia Bamondi

Purchase Details

Closed on
Oct 27, 2017
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Catterson Leslie N and Catterson Cynthia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,972
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Catterson Living Trust -- Bnt Title Company Of Ca
Catterson Leslie N -- None Available
Catterson Leslie N $551,500 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catterson Living Trust $510,000
Previous Owner Catterson Leslie N $440,972
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2021 10/06/21 Rented $3,750 0.0% --
10/02/2021 10/02/21 Under Contract -- -- --
09/27/2021 09/27/21 For Rent $3,750 -- --
Source: The MLS

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 $7,757 $627,166 $295,833 $331,333
2024 $7,757 $614,870 $290,033 $324,837
2023 $7,490 $602,815 $284,347 $318,468
2022 $7,108 $590,996 $278,772 $312,224
2021 $6,954 $579,408 $273,306 $306,102
2019 $6,763 $562,224 $265,200 $297,024
2018 $6,528 $551,200 $260,000 $291,200
2017 $33 $100,164 $100,164 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-788670

The MLS

APN: 6251-043-023

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