NOT LISTED FOR SALE

8330 Cole St Downey, CA 90242

Estimated Value: $829,000 - $1,056,000

3 Beds
2 Baths
1,390 Sq Ft
$670/Sq Ft Est. Value

Last Sold January 20, 2012

Last sale price $360,000 $259 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,319/month

16 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Heating System Uses Natural Gas
  • Downey High School Rated A-

About This Home

As of January 2012

Live in one and rent the other. Come and see these 2 units in the city of Downey unit 1 features 2 bedrooms and 1 bathroom a nice living room with a cozy fireplace. Unit #2 features 1 bedroom and 1 bathroom, great for renting. Property has a large back yard with plenty of space; property also features a nice grassy front yard. Come and see you will love them.

Last Agent to Sell the Property

Hector Alvarado

Hector Alvarado, Broker License #01250894 Listed on: 11/21/2011

Last Buyer's Agent

George Santamaria

G.O.S. & Associates Inc. License #01770087

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 7,494 Sq Ft Lot
  • Lot Dimensions are 50x150

Parking

  • 2 Parking Spaces

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,390 Sq Ft Home
  • Fireplace With Gas Starter

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 2
  • Assessor Parcel Number 6258008039

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $120
  • Fuel Expense $120
  • Gardener Expense $60
  • Trash Expense $65
  • Water Sewer Expense $140
  • Gross Income $2,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 140.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 60.00
  • Parcel Number: 6258008039
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: No
  • Fireplace Features: Gas Starter
  • Price Per Square Foot: 258.99

Exterior Features

  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Fireplace(s), Natural Gas, Wall Furnace
  • Trash Expense: 65.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 7494.00
  • Lot Size Acres: 0.1720

Multi Family

  • Electric Expense: 120.00
  • Fuel Expense: 120.00
  • Gross Income: 2200.00
  • Gross Multiplier: 163.00
  • Gross Scheduled Income: 2200.00
  • Lot Size Area: 7494.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 3271
  • Tax Lot: 0.
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2012
Sold by
Bank Of America National Association
Bought by
Garcia Adrian H
Current Estimated Value
$931,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Dominguez Jose and Dominguez Linda O
Bought by
Bank Of America National Association

Purchase Details

Closed on
Sep 19, 2006
Sold by
I G Casas Inc
Bought by
Dominguez Jose and Dominguez Linda O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,980
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 7, 2006
Sold by
Romero Elizabeth
Bought by
I G Casas Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,980
Interest Rate
6.3%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 3, 2006
Sold by
Carroll Donna Jean
Bought by
Romero Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Garcia Adrian H $360,000 Landsafe Title
Bank Of America National Association $328,950 Landsafe Title
Dominguez Jose $680,000 Chicago Title
I G Casas Inc -- Chicago Title
Romero Elizabeth $535,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Adrian H $270,000
Previous Owner Dominguez Jose $135,980
Previous Owner Dominguez Jose $543,920
Previous Owner I G Casas Inc $135,980
Previous Owner Romero Elizabeth $428,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2012 01/20/12 Sold $360,000 +0.4% $259 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
11/21/2011 11/21/11 For Sale $358,600 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,813 $443,306 $246,282 $197,024
2024 $5,813 $434,614 $241,453 $193,161
2023 $5,621 $426,093 $236,719 $189,374
2022 $5,347 $417,739 $232,078 $185,661
2021 $5,208 $409,549 $227,528 $182,021
2020 $5,131 $405,350 $225,195 $180,155
2019 $5,077 $397,403 $220,780 $176,623
2018 $4,892 $389,611 $216,451 $173,160
2017 $4,809 $381,972 $212,207 $169,765
2016 $4,744 $374,484 $208,047 $166,437
2015 $4,677 $368,859 $204,922 $163,937
2014 $4,425 $361,634 $200,908 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P803896

California Regional Multiple Listing Service (CRMLS)

APN: 6258-008-039