NOT LISTED FOR SALE

8043 4th St Downey, CA 90241

Estimated Value: $952,000 - $1,117,320

3 Beds
2 Baths
1,962 Sq Ft
$533/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $660,000 $336 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,454/month

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Main Floor Bedroom
  • Warren High School Rated A-
  • Wood Flooring
  • Private Yard

About This Home

As of May 2019

CLASSIC Detached Home in the Heart of DOWNTOWN DOWNEY! This 3 BEDROOM, 2 BATH Mid-Century Home elegantly displayed on the quaint Corner of 4th & Myrtle is the Charming property you've been awaiting. The Curb Appeal says it all! Custom Built in 1948. Home has been re-piped! This home retains a special historic charm of yesteryear, yet continues to peek the interest of today' Buyers! Enter a private yard as it leads to the stunning path toward the vibrant Red Front Door. Upon entry, you are greeted with a Formal Lobby, impressive original Wood Flooring and a generously-sized Living Room. On display is a timeless Fireplace and a beautiful Bay window that fills the interior with Natural Light. Separate dining room with excellent Built-In Cabinetry. Spacious Kitchen provides Stainless Steel Appliances and fantastic work space. Kitchen has been left in it's Old World Charm to keep with the theme of the day. Naturally one may consider cosmetic options of blending more modern features with the authenticity of the day. Hence, the Kitchen can be a clean slate for one's choosing. Home has been re-plumbed. Enjoy a variety of Fruit / Citrus trees in the wrap-around yard! Dual Master, 2 Car Garage and 2 Patios. Centrally located to: Downtown LA, Airport, Ocean, Pasadena, SG Valley, OC and more...Walking distance to schools, restaurants, movie theatre, banks, churches, hospitals, bus lines, Porto’s Bakery, etc...This is a MUST SEE!!!

Last Agent to Sell the Property

Matt Trudell

Coldwell Banker Realty License #01839456 Listed on: 04/11/2019

Coldwell Banker Realty

Last Buyer's Agent

Melissa Urena

Real Broker License #01900591

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,097

Year Built

  • Built in 1948

Lot Details

  • 6,000 Sq Ft Lot
  • Block Wall Fence
  • Level Lot
  • Front and Side Yard Sprinklers
  • Private Yard
  • Lawn
  • Property is zoned DOR2*

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Two Garage Doors

Home Design

  • Midcentury Modern Architecture
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,962 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Rio Hondo Elementary School
  • Griffiths Middle School
  • Warren High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Custom

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 10119
  • Assessor Parcel Number 6251037016

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,097

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Matt Trudell
  • Other Phone Number: 949-769-1412
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: DOR2*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6251037016
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1962.00 Square Feet
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In, No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 336.39
  • Room Type: All Bedrooms Down, Entry, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete, Paved, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Suburban

Schools

  • School District: Downey Unified
  • Elementary School: Rio Hondo
  • Middle School: Griffiths
  • High School: Warren
  • Elementary School: Rio Hondo
  • High School: Warren
  • Middle Or Junior School: Griffiths
  • Elementary School #2: RIOHON
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level, Sprinkler System, Sprinklers In Front, Sprinklers On Side, Yard
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5509.01
  • Tax Lot: 11
  • Tax Tract Number: 10119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 10, 2019
Sold by
Pineda Jeny
Bought by
Cano Otoniel Martinez
Seller's Agent
Matt Trudell
Coldwell Banker Realty
Buyer's Agent
Melissa Urena
Real Broker
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
$1,045,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,330
Avg. Annual Appreciation
7.52%

Purchase Details

Listed on
Apr 11, 2019
Closed on
May 7, 2019
Sold by
Yi Michael
Bought by
Cano Otoniel Martinez
Seller's Agent
Matt Trudell
Coldwell Banker Realty
Buyer's Agent
Melissa Urena
Real Broker
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%

Purchase Details

Closed on
Apr 16, 2002
Sold by
Yi Soo Hyang
Bought by
Yi Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.08%

Purchase Details

Closed on
Apr 15, 1998
Sold by
Yi Kyu S and Yi Sun H
Bought by
Yi Michael and Yi Soo Hyang
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
Cano Otoniel Martinez -- Orange Coast Title
Cano Otoniel Martinez $653,500 Orange Coast Title
Yi Michael -- Commonwealth Land Title Co
Yi Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yi Michael $205,000
Previous Owner Yi Michael $136,504
Previous Owner Yi Michael $150,000
Previous Owner Yi Michael $218,934
Previous Owner Yi Michael $227,000
Previous Owner Yi Michael $45,000
Previous Owner Yi Michael $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $660,000 -2.2% $336 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $675,000 +2.3% $344 / Sq Ft
04/17/2019 04/17/19 Off Market $660,000 -- --
04/16/2019 04/16/19 For Sale $675,000 +2.3% $344 / Sq Ft
04/15/2019 04/15/19 Off Market $660,000 -- --
04/11/2019 04/11/19 For Sale $675,000 0.0% $344 / Sq Ft
01/15/2013 01/15/13 Rented $2,500 0.0% --
01/15/2013 01/15/13 Under Contract -- -- --
12/01/2012 12/01/12 For Rent $2,500 -- --
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 $9,097 $728,875 $545,152 $183,723
2024 $9,097 $714,584 $534,463 $180,121
2023 $8,786 $700,574 $523,984 $176,590
2022 $8,343 $686,838 $513,710 $173,128
2021 $8,169 $673,372 $503,638 $169,734
2019 $2,966 $395,306 $216,159 $179,147
2018 $4,832 $387,556 $211,921 $175,635
2016 $4,678 $372,509 $203,693 $168,816
2015 $4,612 $366,915 $200,634 $166,281
2014 $4,357 $359,728 $196,704 $163,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19081707

California Regional Multiple Listing Service (CRMLS)

APN: 6251-037-016