NOT LISTED FOR SALE

8363 La Villa St Downey, CA 90241

Estimated Value: $750,000 - $1,169,000

4 Beds
2 Baths
1,662 Sq Ft
$597/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $505,000 $304 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,890/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Laundry Room
  • Downey High School Rated A
  • Cul-De-Sac
  • 2 Car Garage

About This Home

As of June 2014

Rare duplex on cul de sac in revitalized Downey neighborhood. Each unit has 2 bedrooms and 1 bathroom. Kitchen and bathroom in both units were remodeled with granite countertops and tile showers approximately 5 years ago. Inside laundry room and a shared 2 car garage. Original hardwood floors need TLC and a fresh coat of paint will do wonders. There is a spacious backyard that can be developed. Choose to live in one and rent the other, or rent them both... great investment opportunity.

Last Agent to Sell the Property

Robin Fairman

T.N.G. Real Estate Consultants License #01902624 Listed on: 05/09/2014

Last Buyer's Agent

Robin Fairman

T.N.G. Real Estate Consultants License #01902624 Listed on: 05/09/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,804

Year Built

  • Built in 1945

Lot Details

  • 6,029 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,662 Sq Ft Home
  • Property Attached
  • Fixer Upper

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 13224
  • Assessor Parcel Number 6254015011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,804

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 6254015011
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 303.85
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6029.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lot Size Area: 6029.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 13224
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
May 20, 2014
Sold by
Martin Eileen
Bought by
Olmedo Alejandra
Seller's Agent
Robin Fairman
T.N.G. Real Estate Consultants
Buyer's Agent
Robin Fairman
T.N.G. Real Estate Consultants
List Price
$500,000
Sold Price
$505,000
Premium/Discount to List
$5,000
1%
Current Estimated Value
$956,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,965
Avg. Annual Appreciation
6.24%
Original Mortgage
$392,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2006
Sold by
Palmer Richard A
Bought by
Palmer Richard A
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
Olmedo Alejandra $505,000 Fidelity National Title Co
Palmer Richard A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmedo Alejandra $573,750
Closed Olmedo Alejandra $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $505,000 +1.0% $304 / Sq Ft
05/19/2014 05/19/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $500,000 -- $301 / 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 $7,804 $619,051 $306,461 $312,590
2024 $7,804 $606,913 $300,452 $306,461
2023 $7,540 $595,013 $294,561 $300,452
2022 $7,164 $583,347 $288,786 $294,561
2021 $6,990 $571,910 $283,124 $288,786
2019 $6,810 $554,948 $274,727 $280,221
2018 $6,595 $544,068 $269,341 $274,727
2016 $6,397 $522,943 $258,883 $264,060
2015 $6,388 $515,089 $254,995 $260,094
2014 $1,061 $60,161 $34,983 $25,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14096287

California Regional Multiple Listing Service (CRMLS)

APN: 6254-015-011