NOT LISTED FOR SALE

8029 Cypress Ln Downey, CA 90241

Estimated Value: $896,000 - $1,031,000

4 Beds
3.5 Baths
2,322 Sq Ft
$408/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $815,000 $351 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,843/month

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Modern Architecture
  • Updated Kitchen
  • Property is near park
  • End Unit

About This Home

As of March 2023

Stunning end unit Tri-Level 2017 built Home in the City of Downey. This contemporary beautiful gem features 4 bedrooms, 3.5 bathrooms with in-unit laundry. Well maintained and newly upgraded interior features beautiful wood floors, designer toned interior paint, dual pane windows and recessed lightings. The first floor bedroom suite with own bathroom is a welcome retreat overnight guests and has its own privacy. Natural light fills the great room through large windows as you curl up on the couch with your favorite book and wind down for movie night with loved ones in your spacious open-plan second floor. The gourmet kitchen features quartz countertops with a huge center island, stainless steel appliances, and beautiful white shaker cabinetry make meal prep effortless. Master suite is well appointed for privacy. Walk-in closet, dual vanities and rinse off in the oversized shower of your primary suite simplify mornings. Direct access to the two-bay garage offers ample parking and storage space. Located just a few steps from lots of guest parking. Close to freeways, shopping/dining, Rio Hondo and Los Amigos Golf Courses. Must See!

Last Agent to Rent the Property

Ethan Baik

Premier Realty License #01927947 Listed on: 02/01/2023

Last Renter's Agent

Ethan Baik

Premier Realty License #01927947 Listed on: 02/01/2023

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 1,069 Sq Ft Lot
  • Property fronts a private road
  • End Unit
  • 1 Common Wall
  • Northeast Facing Home
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,322 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Roller Shields
  • Window Screens
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • In-Law or Guest Suite
  • Quartz Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 2/1/23
  • Tax Lot 62
  • Tax Tract Number 73340
  • Assessor Parcel Number 6251043035

Community Details

Overview

  • Property has a Home Owners Association
  • 116 Units

Recreation

  • Park

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2017 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-02-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Total Move In Costs: 5000.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: DOCP*
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 6251043035
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2322.00 Square Feet
  • Interior Amenities: High Ceilings, In-Law Floorplan, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.64
  • Room Type: Entry, Family Room, Great Room, Kitchen, Laundry, Master Suite, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Roller Shields, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Quartz Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 1069.00
  • Lot Size Acres: 0.0245

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1069.0000 Square Feet
  • Number Of Units In Community: 116
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 62
  • Tax Tract Number: 73340

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2017
Sold by
Kb Home Greater Los Angeles Inc
Bought by
Park Suk Whan Chang and Lee Sarangnuri
Current Estimated Value
$946,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,662
Outstanding Balance
$444,718
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$502,044
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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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
Park Suk Whan Chang $628,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Suk Whan Chang $533,662
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2023 03/04/23 Rented $3,800 0.0% --
02/25/2023 02/25/23 Under Contract -- -- --
02/25/2023 02/25/23 Off Market $3,800 -- --
02/01/2023 02/01/23 For Rent $3,800 0.0% --
11/30/2021 11/30/21 Sold $815,000 0.0% $351 / Sq Ft View Prior Sale
10/26/2021 10/26/21 Pending -- -- --
10/26/2021 10/26/21 Price Changed $815,000 +2.1% $351 / Sq Ft
10/20/2021 10/20/21 For Sale $798,000 -- $344 / 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 $10,776 $864,883 $454,727 $410,156
2024 $10,579 $847,925 $445,811 $402,114
2023 $10,211 $831,300 $437,070 $394,230
2022 $9,688 $815,000 $428,500 $386,500
2021 $7,902 $660,139 $166,086 $494,053
2019 $7,687 $640,560 $161,160 $479,400
2018 $7,411 $628,000 $158,000 $470,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23018339

California Regional Multiple Listing Service (CRMLS)

APN: 6251-043-035