NOT LISTED FOR SALE

8403 5th St Downey, CA 90241

Estimated Value: $974,000 - $1,089,657

5 Beds
3 Baths
1,887 Sq Ft
$546/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $536,550 $284 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,995/month

23 Days on Market

Highlights

  • Private Yard
  • Downey High School Rated A-
  • No HOA

About This Home

As of August 2016

2 UNITS IN LARGE LOT, AWESOME INVESTMENT FOR OWNER OCCUPIED, LEAVE AT ONE AND RENT OTHER, FRONT HOUSE 3 BEDROOMS AND 2 BATHS, REAR UNIT 2 BEDROOMS AND 1 BATH. Bidding starts 08/13/2016 and ends 08/18/2016

Last Agent to Sell the Property

Ray Sedighi

Citywide Group Inc. License #01005198 Listed on: 08/04/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 7,870 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,887 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 68
  • Tax Tract Number 4641
  • Assessor Parcel Number 6253007031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: DOR3-P*
  • Property Type: Residential Income
  • Parcel Number: 6253007031
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 284.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7870.00
  • Price Per Lot Square Foot: 68.18

Multi Family

  • 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: 68
  • Tax Tract Number: 4641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Shehata John
Bought by
Shehata John and Farah Rania
Current Estimated Value
$1,029,914

Purchase Details

Listed on
Aug 4, 2016
Closed on
Aug 23, 2016
Sold by
Citibank Na
Bought by
Shehata John
Seller's Agent
Ray Sedighi
Citywide Group Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$550,900
Sold Price
$536,550
Premium/Discount to List
-$14,350
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Jan 29, 2016
Sold by
Beltran Sylvia
Bought by
Citibank Na

Purchase Details

Closed on
Dec 22, 2003
Sold by
Kurata Yasuo and Kurata Satoko
Bought by
Beltran Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,700
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Shehata John -- None Available
Shehata John $537,000 Title365 Company
Shehata John -- Title365 Company
Citibank Na $515,637 Title365
Beltran Sylvia $495,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beltran Sylvia $420,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $536,550 -2.6% $284 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $550,900 0.0% $292 / Sq Ft
09/14/2013 09/14/13 Rented $1,925 -3.5% --
09/12/2013 09/12/13 Under Contract -- -- --
08/25/2013 08/25/13 For Rent $1,995 -- --
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 $7,955 $622,647 $373,705 $248,942
2024 $7,955 $610,439 $366,378 $244,061
2023 $7,688 $598,471 $359,195 $239,276
2022 $7,307 $586,737 $352,152 $234,585
2021 $7,131 $575,234 $345,248 $229,986
2020 $7,023 $569,336 $341,708 $227,628
2019 $6,950 $558,173 $335,008 $223,165
2018 $6,734 $547,230 $328,440 $218,790
2016 $7,331 $594,509 $354,306 $240,203
2015 $7,228 $585,579 $348,984 $236,595
2014 $6,822 $574,109 $342,148 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16171807

California Regional Multiple Listing Service (CRMLS)

APN: 6253-007-031