NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,046,891

1 Bed
1 Bath
512 Sq Ft
$1,885/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $375,000 $732 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $6,053/month

73 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to All American Park
  • Back Yard

About This Home

As of April 2018

One of the most INEXPENSIVE homes in the City of Downey. This home is perfect for someone who wants to create their perfect home or an investor looking to flip. In addition, this property is zoned as an R-2 lot so you can additional units for an income producing investment. Over 500 sq ft and situated on roughly a 4,000 sq ft lot you have many options. Sold in "as is" condition.

Last Agent to Sell the Property

Jesus Arceo

Value Real Estate License #00890268 Listed on: 01/02/2018

Last Buyer's Agent

Jesus Arceo

Value Real Estate License #00890268 Listed on: 01/02/2018

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 3,990 Sq Ft Lot
  • Back Yard
  • Property is zoned DOR2&HFB*

Parking

  • 2 Car Garage

Interior Spaces

  • 512 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 517
  • Assessor Parcel Number 6260002040

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR2&HFB*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6260002040
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 512.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 732.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3990.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5517.00
  • Tax Lot: .
  • Tax Tract Number: 517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Escobar Investments Llc
Bought by
Escobar Lina Maria
Current Estimated Value
$965,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$633,801
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$331,422

Purchase Details

Closed on
Dec 3, 2021
Sold by
Principals Capital Funding Inc
Bought by
Escobar Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2019
Sold by
Adobe2castle Llc
Bought by
Principals Capital Funding Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 26, 2018
Sold by
Gonzalez Samantha
Bought by
Adobe 2 Castle Llc
Seller's Agent
Jesus Arceo
Value Real Estate
Buyer's Agent
Jesus Arceo
Value Real Estate
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.05%
Original Mortgage
$225,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 25, 2017
Closed on
Oct 26, 2017
Sold by
Snyder Lorraine
Bought by
Gonzalez Samantha
Seller's Agent
Andrea Jacobs
Coldwell Banker Realty
List Price
$318,750
Sold Price
$318,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.38%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Vazquez Mario Diaz
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Escobar Lina Maria -- Chicago Title Company
Escobar Lina Maria -- Chicago Title Company
Escobar Investments Llc -- Provident Title
Principals Capital Funding Inc $225,000 Provident Title Company
Adobe 2 Castle Llc $375,000 Provident Title Company
Gonzalez Samantha $319,000 Fidelity National Title Co
Deutsche Bank National Trust Company $364,500 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Lina Maria $640,000
Previous Owner Escobar Investments Llc $469,000
Previous Owner Principals Capital Funding Inc $300,000
Previous Owner Adobe 2 Castle Llc $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2018 04/24/18 Sold $375,000 -6.0% $732 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $399,000 +25.2% $779 / Sq Ft
11/08/2017 11/08/17 Sold $318,750 0.0% $623 / Sq Ft View Prior Sale
10/09/2017 10/09/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $318,750 -- $623 / 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 $12,133 $1,008,147 $583,664 $424,483
2024 $12,133 $988,380 $572,220 $416,160
2023 $11,851 $969,000 $561,000 $408,000
2022 $4,292 $350,391 $283,405 $66,986
2021 $4,201 $343,522 $277,849 $65,673
2020 $4,127 $340,000 $275,000 $65,000
2019 $4,713 $382,500 $306,000 $76,500
2018 $3,949 $318,700 $255,000 $63,700
2017 $32 $39,449 $27,647 $11,802
2016 $707 $38,676 $27,105 $11,571
2015 $695 $38,096 $26,698 $11,398
2014 $674 $37,351 $26,176 $11,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18000630

California Regional Multiple Listing Service (CRMLS)

APN: 6260-002-040