NOT LISTED FOR SALE

8307 Luxor St Downey, CA 90241

Estimated Value: $829,163 - $975,000

4 Beds
2 Baths
1,440 Sq Ft
$638/Sq Ft Est. Value

Sale Details

Date Sold: February 7, 2013

Last sale price $380,000 $264 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,474 / mo

68 Days on Market

Highlights

  • Ranch Style House
  • Fireplace
  • No Heating
  • Downey High School Rated A-

About This Home

As of February 2013

Nice duplex with two - 2 bedroom/1 bath units and a double garage between the units. Needs some work but is a well laid out and well located property.

Last Agent to Sell the Property

Donald Brabant

Brabant Realty & Management License #00635396 Listed on: 10/31/2012

Last Buyer's Agent

Mireya Ruiz

Century 21 Allstars License #01299866

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,837

Parking

  • 4 Parking Spaces

Home Design

  • Ranch Style House
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • Fireplace

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 17277
  • Assessor Parcel Number 6255028002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,000
  • Gross Income $1,600
  • Net Operating Income $13,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

5,837 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 3.15
  • View: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 6255028002
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Appliances: No
  • Price Per Square Foot: 263.89

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 1600.00
  • Gross Multiplier: 22.14
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 13400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5800.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 8
  • Tax Tract Number: 17277

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2012
Sold by
Bought by
Current Estimated Value
$918,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
8.35%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
8.35%
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$380,000 Investors Title Company
$207,500 First American Title Company
-- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $373,117
Previous Owner $155,625
Closed $20,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/07/2013 02/07/13 Sold $380,000 -10.6% $264 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
10/31/2012 10/31/12 For Sale $425,000 -- $295 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,225 $467,933 $246,282 $221,651
2024 $6,113 $458,758 $241,453 $217,305
2023 $5,912 $449,764 $236,719 $213,045
2022 $5,623 $440,946 $232,078 $208,868
2021 $5,479 $432,301 $227,528 $204,773
2020 $5,397 $427,869 $225,195 $202,674
2019 $5,322 $419,480 $220,780 $198,700
2018 $5,117 $411,255 $216,451 $194,804
2016 $4,963 $395,288 $208,047 $187,241
2015 $4,892 $389,351 $204,922 $184,429
2014 $4,625 $381,725 $200,908 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205473

California Regional Multiple Listing Service (CRMLS)

APN: 6255-028-002

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