NOT LISTED FOR SALE

8404 Cherokee Dr Downey, CA 90241

Estimated Value: $1,214,714 - $1,570,000

4 Beds
3 Baths
2,894 Sq Ft
$502/Sq Ft Est. Value

About This Home

This home is located at 8404 Cherokee Dr, Downey, CA 90241 and is currently estimated at $1,452,179, approximately $501 per square foot. 8404 Cherokee Dr is a home located in Los Angeles County with nearby schools including Gallatin Elementary School, Doty Middle School, and Downey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
Sanchez Marscello Osmin and Cervantes Virginia
Bought by
Sanchez Marscello Osmin and Cervantes Virginia
Current Estimated Value
$1,452,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$396,485
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$1,055,694

Purchase Details

Closed on
Oct 9, 2015
Sold by
Sanchez Marscello
Bought by
Sanchez Marscello and Cervantes Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2013
Sold by
Cervantes Virginia
Bought by
Sanchez Marscello and Cervantes Virginia

Purchase Details

Closed on
Mar 18, 2009
Sold by
Sanchez Marscello
Bought by
Cervantes Virginia

Purchase Details

Closed on
Jan 13, 2009
Sold by
Cervantes Raul and Cervantes Mercedes
Bought by
Cervantes Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Sanchez Miguel and Sanchez Maricela
Bought by
Cervantes Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.29%

Purchase Details

Closed on
Jun 5, 1996
Sold by
Disarli Eduardo R
Bought by
Sanchez Miguel and Sanchez Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
8.01%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Sanchez Marscello Osmin -- First American Title Company
Sanchez Marscello -- Pacific Coast Title Company
Sanchez Marscello -- None Available
Cervantes Virginia -- Provident Title Company
Cervantes Virginia $600,000 Provident Title Company
Cervantes Raul $480,000 Gateway Title Company
Sanchez Miguel $370,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Marscello Osmin $450,000
Closed Sanchez Marscello $417,000
Previous Owner Cervantes Virginia $410,000
Previous Owner Cervantes Raul $286,000
Previous Owner Sanchez Miguel $296,000
Source: Public Records

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 $10,805 $878,195 $328,114 $550,081
2024 $10,805 $860,977 $321,681 $539,296
2023 $10,432 $844,096 $315,374 $528,722
2022 $8,758 $728,080 $309,191 $418,889
2021 $8,570 $713,805 $303,129 $410,676
2019 $8,347 $692,636 $294,139 $398,497
2018 $8,142 $679,056 $288,372 $390,684
2016 $7,890 $652,689 $277,175 $375,514
2015 $7,779 $642,886 $273,012 $369,874
2014 $7,330 $630,294 $267,665 $362,629
Source: Public Records

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