NOT LISTED FOR SALE

8327 Cole St Unit 7 Downey, CA 90242

Estimated Value: $551,000 - $634,000

2 Beds
2.5 Baths
1,272 Sq Ft
$185/mo HOA Fee

Last Sold April 02, 2013

Last sale price $190,000 $149 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $3,646/month

22 Days on Market

Highlights

  • 0.79 Acre Lot
  • Park or Greenbelt View
  • Slab Porch or Patio
  • Downey High School Rated A
  • Family Room Off Kitchen
  • Tile Flooring

About This Home

As of April 2013

This is an end unit that over looks the park space maintained by the HOA with a 2 car detached garage. It needs: carpet, paint, blinds, lighting, etc. This is a nice neighborhood so a little TLC will go a long way. Short Sale

Last Agent to Sell the Property

Jan Sommer

Coastal Communities Realty License #01131485 Listed on: 02/05/2013

Last Buyer's Agent

Jan Sommer

Coastal Communities Realty License #01131485 Listed on: 02/05/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1979

Lot Details

  • 0.79

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,272 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room Off Kitchen
  • Park or Greenbelt Views
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Slab Porch or Patio
  • 1 Common Wall
  • Central Heating

Community Details

  • 12 Units
  • Association Phone (562) 947-2402

Listing and Financial Details

  • Tax Lot 0.79
  • Tax Tract Number 34867
  • Assessor Parcel Number 6258009051

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,136

Year Built

Built in 1979

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-290-0614
  • Property Attached: Yes
  • Subdivision Name Other: Downey Rose Garden
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6258009051
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1272.00
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 149.37

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Fence: No
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Phone: 562-947-2402
  • Senior Community: No
  • Common Interest: Condominium

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 34204.00
  • Lot Size Acres: 0.7850

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34204.0000 Square Feet
  • Number Of Units In Community: 12

Tax Info

  • Tax Lot: 0.79
  • Tax Model: A
  • Tax Tract Number: 34867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2013
Closed on
Feb 5, 2013
Sold by
Cobbs Deshawn R
Bought by
Phm Property Group Llc
Seller's Agent
Jan Sommer
Coastal Communities Realty
Buyer's Agent
Jan Sommer
Coastal Communities Realty
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$587,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,302

Purchase Details

Closed on
Jul 23, 2012
Sold by
Cobbs Stacy I
Bought by
Cobbs Deshawn R

Purchase Details

Closed on
Sep 11, 2002
Sold by
Chung Jong Mun
Bought by
Cobbs Deshawn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,430
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1997
Sold by
Federal National Mortgage Association
Bought by
Chung Jong Mun and Chung Myung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1996
Sold by
Collier Barbara A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 23, 1994
Sold by
Alvarado Reuben
Bought by
Collier Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
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
Phm Property Group Llc $190,000 Lawyers Title Company
Cobbs Deshawn R -- Lawyers Title
Cobbs Deshawn R $219,000 North American Title Co
Chung Jong Mun $117,500 American Title Co
Federal National Mortgage Association $134,365 American Title Ins Company
Collier Barbara Ann $150,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cobbs Deshawn R $349,600
Previous Owner Cobbs Deshawn R $212,430
Previous Owner Chung Jong Mun $105,750
Previous Owner Collier Barbara Ann $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2013 04/02/13 Sold $190,000 0.0% $149 / Sq Ft
02/05/2013 02/05/13 For Sale $190,000 0.0% $149 / Sq Ft
02/25/2012 02/25/12 For Sale $190,000 -- $149 / 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 $3,136 $233,958 $51,590 $182,368
2024 $3,136 $229,372 $50,579 $178,793
2023 $3,034 $224,876 $49,588 $175,288
2022 $2,887 $220,467 $48,616 $171,851
2021 $2,810 $216,145 $47,663 $168,482
2019 $2,739 $209,736 $46,250 $163,486
2018 $2,655 $205,625 $45,344 $160,281
2017 $2,609 $201,594 $44,455 $157,139
2016 $2,566 $197,642 $43,584 $154,058
2015 $2,530 $194,674 $42,930 $151,744
2014 $2,398 $190,862 $42,090 $148,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S690270

California Regional Multiple Listing Service (CRMLS)

APN: 6258-009-051