NOT LISTED FOR SALE

8237 Cole St Downey, CA 90242

Estimated Value: $818,000 - $982,000

3 Beds
2 Baths
1,347 Sq Ft
$657/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $660,000 $490 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,369/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • No HOA
  • Wood Flooring
  • Quartz Countertops
  • Double Pane Windows

About This Home

As of September 2020

PSA: NOT FOR RENT*Set within a thriving neighborhood, only moments from the new Downey Promenade and showcasing an incredible list of updates throughout, this home has it all. The property has been professionally painted, both inside and out, while refinished real hardwood floors, new carpets in the bedrooms, and a welcoming design add to the home’s charm and modern appeal.

The kitchen has been remodeled with gorgeous quartz countertops and features stainless steel appliances. Outside, there’s a sunny patio area and a well-sized yard where you can relax with friends. Ensuring a life of comfort is central air-conditioning, dual-pane windows, and ceiling fans in the generously sized bedrooms. Both bathrooms are impeccably presented with granite countertops and travertine finishes. The garage is air-conditioned with a new sub-panel and fully insulated with drywall making it a perfect candidate for an A.D.U. conversion! And feel safe and secure with state of the art 6 camera system with digital onsite recording and alarm system.

The local neighborhood near the 5, 605, 710, and 105 freeways has also undergone a significant transformation with renovated city parks, new city fire stations, and the new Downey Promenade shopping center with a vibrant restaurant dining. You will also enjoy access to the renowned Downey Unified School District. Please take a tour this weekend before it's gone for good!

**https://tinyurl.com/8237ColeVideo**https://tinyurl.com/8237ColeVirtual**

Last Agent to Sell the Property

Jorge Lopez

Jorge Lopez, Broker License #01919114 Listed on: 07/29/2020

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,953 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR105

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Combination Of Materials Used In The Driveway

Home Design

  • Turnkey
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 1,347 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Awning
  • Entryway
  • Family Room
  • Dining Room
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Tile Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Old River Elementary School
  • West Middle School
  • Warren High School

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 13642
  • Assessor Parcel Number 6259001058

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Closed Circuit Camera(s), Security System
  • View: No
  • Zoning: DOR105
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6259001058
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1347.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 489.98
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Double Sinks In Master Bath, Granite Counters, Quartz Counters, Remodeled
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Storage
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • Elementary School: Old River
  • High School: Warren
  • Middle Or Junior School: West
  • Elementary School #2: OLDRIV
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5953.00
  • Lot Size Acres: 0.1367

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5953.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5512.01
  • Tax Lot: 60
  • Tax Tract Number: 13642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 6, 2020
Sold by
Lopez Alexander Raoul and Lopez Jenette Nicole
Bought by
Fabian Gabor
Seller's Agent
Jorge Lopez
Jorge Lopez, Broker
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$619,900
Sold Price
$660,000
Premium/Discount to List
$40,100
6.47%
Current Estimated Value
$884,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,802
Avg. Annual Appreciation
5.69%
Original Mortgage
$510,400
Outstanding Balance
$451,916
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$432,886

Purchase Details

Closed on
Feb 23, 2015
Sold by
Lopez Alexander Raoul and Lopez Alexander Raoul
Bought by
Lopez Alexander Raoul and Lopez Jenette Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2009
Sold by
Lopez Alexander Raoul and Lopez Raul G
Bought by
Lopez Alexander Raoul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Lopez Alexander Raoul and Lopez Raul G

Purchase Details

Closed on
Jan 21, 2009
Sold by
Salas Jesus and Salas Candelaria R
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 31, 2006
Sold by
Petrucelli Vincent A and Petrucelli Mary A
Bought by
Salas Jesus and Salas Candelaria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1997
Sold by
Padgett Mike and Padgett Rina
Bought by
Petrucelli Vincent A and Petrucelli Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,900
Interest Rate
7.3%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fabian Gabor $660,000 Lawyers Title
Lopez Alexander Raoul -- Nextitle
Lopez Alexander Raoul -- Calcounties Titlenation
Lopez Alexander Raoul $318,000 Landsafe Title Of Ca Inc
Deutsche Bank National Trust Company $300,000 Landsafe Title
Salas Jesus $590,000 Fidelity National Title Co
Petrucelli Vincent A $175,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabian Gabor $510,400
Previous Owner Lopez Alexander Raoul $311,600
Previous Owner Lopez Alexander Raoul $260,000
Previous Owner Salas Jesus $400,000
Previous Owner Petrucelli Vincent A $139,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2020 09/09/20 Sold $660,000 +6.5% $490 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $619,900 -6.1% $460 / Sq Ft
08/03/2020 08/03/20 Off Market $660,000 -- --
07/29/2020 07/29/20 For Sale $619,900 -- $460 / 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 $8,792 $714,402 $524,653 $189,749
2024 $8,792 $700,395 $514,366 $186,029
2023 $8,488 $686,663 $504,281 $182,382
2022 $8,057 $673,200 $494,394 $178,806
2021 $7,970 $660,000 $484,700 $175,300
2020 $5,159 $416,319 $235,079 $181,240
2019 $5,105 $408,157 $230,470 $177,687
2018 $4,940 $400,154 $225,951 $174,203
2016 $4,792 $384,618 $217,178 $167,440
2015 $4,724 $378,841 $213,916 $164,925
2014 $4,460 $371,421 $209,726 $161,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20150454

California Regional Multiple Listing Service (CRMLS)

APN: 6259-001-058