$710,000
SOLD DEC 19, 2024

8300 Lexington Rd Unit 1 Downey, CA 90241

3 Beds
3 Baths
2,080 Sq Ft
$350/mo HOA Fee

Recently Sold

$341 Per Sq Ft

80 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Central Heating and Cooling System
  • Downey High School Rated A

About This Home

As of December 2024

Welcome to this spacious 3-bedroom, 3-bathroom Condo/townhouse, nestled in a secure and coveted gated community in Downey. This spacious home offers 2,080 square feet of living space. Lower level features a large living room with a cozy fireplace, separate Dining area, bathroom, great room with a wet bar perfect for entertaining, kitchen with ample amount of storage space. Large enclosed patio, perfect for gatherings, two-car garage. Residents enjoy a stunning community pool, HOA fees at $350 monthly, the community ensures all shared spaces pool and amenities are meticulously maintained. Property needs some updating but is a great investment.

Last Agent to Sell the Property

David Mercado

Mercado and Associates RE Inc. License #01924766 Listed on: 09/06/2024

Mercado and Associates RE Inc.

Co-Listed By

Elsa Fernandez-Mercado

Keller Williams Realty License #01968838

Last Buyer's Agent

Non-Member Non-Member

Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,297

Year Built

  • Built in 1976

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 6252020062

Community Details

Overview

  • Certified HOA Management Association

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,297

Year Built

Built in 1976

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Prop. Type: Residential
  • Year Built: 1976
  • Building Stories: 2
  • Solar Owned Leased: None
  • Deposit Amount Required: 5000.00
  • H O A Fee1 Frequency: Monthly
  • H O A Fee3 Frequency: Monthly
  • Property Sub Type: Condominium
  • Lot Size Acres: 0.0384
  • Co List Office Mls Id: 10851
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement Bathrooms: 3.00
  • Total Bedrooms: 3
  • Living Area: 2080.00

Exterior Features

  • Disclosures: CC&Rs, HOA Fees
  • Pool Features: Inground, Community

Garage/Parking

  • Parking Features: 2 Car Garage

Utilities

  • Heatcool: Central AC, Central Heat

Association/Amenities

  • Site Amenities: Gated Community

Condo/Co-op/Association

  • Amenities: Assoc. Pool
  • Association Fee: 350.00
  • Association Name: Certified HOA Management

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Zoning Description: Dor15000*
  • Lot Size Sq Ft: 1672.00
  • Parcel #: 6252020062

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Other-Outlying

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 27, 2024
Sold by
2019 Elvia Aguirre-Oregel Separate Prope and Aguirre-Oregel Elvia
Bought by
Ford Edgar A
Seller's Agent
David Mercado
Mercado and Associates RE Inc.
Buyer's Agent
Non-Member Non-Member
Non-Member Office
List Price
$710,000
Sold Price
$710,000
Views
121
Current Estimated Value
$753,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,357
Avg. Annual Appreciation
7.85%
Original Mortgage
$710,000
Outstanding Balance
$705,051
Interest Rate
6.79%
Mortgage Type
VA
Estimated Equity
$46,377

Purchase Details

Closed on
Sep 9, 2019
Sold by
Aguirre Oregel Elvia and Jorge Oregel Manzo Family Tru
Bought by
Aguirre Oregel Elvia and 2019 Elva Aguirre

Purchase Details

Closed on
Jun 30, 2016
Sold by
Oregel Victor F
Bought by
Manzo Jorge Oregel and Jorge Oregel Manzo Separate Property Fam

Purchase Details

Closed on
Jul 31, 2015
Sold by
Oregel Victor F
Bought by
Oregel Victor F and Oregel Ana B

Purchase Details

Closed on
Jan 18, 2008
Sold by
Hammon Bob C and Hammon Janice
Bought by
Oregel Victor F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Hammon Bob C and Hammon Janice
Bought by
Hammon Bob C
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $710,000 California Best Title
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $450,000 Southland Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,000 VA
Previous Owner $345,383 New Conventional
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $120,850 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $710,000 0.0% $341 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/13/2024 11/13/24 For Sale $710,000 0.0% $341 / Sq Ft
09/22/2024 09/22/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $710,000 -2.1% $341 / Sq Ft
09/06/2024 09/06/24 For Sale $725,000 -- $349 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

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 $6,297 $710,000 $550,000 $160,000
2024 $6,297 $488,371 $198,798 $289,573
2023 $6,084 $478,796 $194,900 $283,896
2022 $5,779 $469,409 $191,079 $278,330
2021 $5,647 $460,206 $187,333 $272,873
2020 $5,518 $455,489 $185,413 $270,076
2019 $5,502 $446,559 $181,778 $264,781
2018 $5,379 $437,804 $178,214 $259,590
2016 $4,735 $380,000 $173,600 $206,400
2015 $4,736 $380,000 $173,600 $206,400
2014 $3,795 $312,000 $142,500 $169,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202409073

Bakersfield Association of REALTORS® / GEMLS

APN: 6252-020-062