NOT LISTED FOR SALE

8418 Cherokee Dr Downey, CA 90241

Estimated Value: $1,162,246 - $1,384,000

4 Beds
2.5 Baths
2,275 Sq Ft
$557/Sq Ft Est. Value

Last Sold August 19, 2020

Last sale price $769,000 $338 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $7,490/month

31 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Bonus Room
  • Downey High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of August 2020

Stunning Pool Home! 
You will love this stunning home with plenty of space and something for everyone to enjoy! Just imagine preparing a meal in the beautifully renovated kitchen complete with imported granite countertops and the best high-efficiency appliances, while overlooking the spacious dining room. Make your way through the glass doors to your private oasis. You are going to fall in love with this beautiful backyard patio and peaceful pool. When you come back in enjoy the warm fire from in your hearthstone fireplace. Don’t forget about the extra bedroom downstairs, perfect for guests or an office. You will be amazed by the size of the perfectly appointed upstairs bedrooms. Each room feels so spacious; with views of one of Downey’s most beautiful neighborhoods. This great home is within close proximity to the world-famous Porto’s Bakery, shopping centers, award-winning schools, other local entertainment, greats parks and so much more. This home is ready to welcome its next owners, come see it for yourself. 
***Virtual Tour Available***

Last Agent to Sell the Property

Andrew Jimenez

BK Platinum Properties License #02058721 Listed on: 06/06/2020

Co-Listed By

Joanne Markanian

First Team Real Estate License #01758521

First Team Real Estate

Last Buyer's Agent

Joanne Markanian

First Team Real Estate License #01758521

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,324

Year Built

  • Built in 1967

Lot Details

  • 5,595 Sq Ft Lot
  • Block Wall Fence
  • Rectangular Lot
  • Private Yard
  • Front Yard
  • Property is zoned DOR15000*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Patio Home

Interior Spaces

  • 2,275 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Electric Cooktop
  • Granite Countertops
  • Pots and Pans Drawers
  • Utility Sink

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Gallatin Elementary School
  • Downey High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5597
  • Tax Tract Number 5509
  • Assessor Parcel Number 6253015028

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,324

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: DOR15000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253015028
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2275.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 338.02
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Kitchen, Laundry, Master Bedroom, Walk-In Closet
  • Window Features: Drapes, Screens
  • Bathroom Features: Shower In Tub, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Patio, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Gas Oven
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • Elementary School: Gallatin
  • High School: Downey
  • Elementary School #2: GALLAT
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Patio Home, Yard
  • Lot Size Sq Ft: 5595.00
  • Lot Size Acres: 0.1284

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5595.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5509.02
  • Tax Lot: 5597
  • Tax Tract Number: 5509

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 7, 2020
Sold by
Aguinaga Alejandra Adriana
Bought by
Saucedo Lucas
Seller's Agent
Andrew Jimenez
BK Platinum Properties
Buyer's Agent
Joanne Markanian
First Team Real Estate
List Price
$830,000
Sold Price
$769,000
Premium/Discount to List
-$61,000
-7.35%
Current Estimated Value
$1,266,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,812
Avg. Annual Appreciation
10.10%
Original Mortgage
$615,200
Outstanding Balance
$544,496
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$722,316

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 24, 2020
Sold by
Ramirez Trinidad and Ramirez Laura
Bought by
Saucedo Lucas
Seller's Agent
Andrew Jimenez
BK Platinum Properties
Buyer's Agent
Joanne Markanian
First Team Real Estate
List Price
$830,000
Sold Price
$769,000
Premium/Discount to List
-$61,000
-7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,200
Outstanding Balance
$544,496
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$722,316

Purchase Details

Closed on
Sep 14, 2016
Sold by
Ramirez Trinidad
Bought by
Ramirez Trinidad and Ramirez Laura

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
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2016
Sold by
Ramirez Trinidad
Bought by
Ramirez 2016 Revocable Trust

Purchase Details

Closed on
Mar 12, 2009
Sold by
Diesel Enterprises Inc
Bought by
Ramirez Trinidad and Ramirez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2009
Sold by
Galindo Aurora
Bought by
Diesel Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Funk Harry D
Bought by
Galindo Rene and Galindo Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1999
Sold by
Funk Harry D
Bought by
Funk Harry D and Funk Theresa A

Purchase Details

Closed on
Oct 14, 1998
Sold by
Family Trust Funk, Harry D And Theresa A Trs
Bought by
Funk Harry D and Funk Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
6.42%
Source: Public Records

Range of Values:

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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
Saucedo Lucas -- First American Title Company
Saucedo Lucas $769,000 First American Title Company
Ramirez Trinidad -- Wfg National Title Insurance
Ramirez Trinidad -- Wfg National Title Insurance
Ramirez 2016 Revocable Trust -- None Available
Ramirez Trinidad $485,000 Investors Title Company
Diesel Enterprises Inc $400,000 Investors Title Company
Galindo Rene $865,000 Fatcola
Funk Harry D -- Gateway Title
Funk Harry D -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saucedo Lucas $615,200
Previous Owner Ramirez Trinidad $417,000
Previous Owner Ramirez Trinidad $388,000
Previous Owner Diesel Enterprises Inc $200,000
Previous Owner Galindo Rene $692,000
Previous Owner Funk Harry D $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $769,000 0.0% $338 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
07/05/2020 07/05/20 Price Changed $769,000 -6.2% $338 / Sq Ft
06/21/2020 06/21/20 Price Changed $820,000 -1.2% $360 / Sq Ft
06/06/2020 06/06/20 For Sale $830,000 -- $365 / 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 $10,324 $832,389 $564,271 $268,118
2024 $10,324 $816,068 $553,207 $262,861
2023 $9,969 $800,067 $542,360 $257,707
2022 $9,464 $784,380 $531,726 $252,654
2021 $9,268 $769,000 $521,300 $247,700
2020 $6,890 $571,072 $291,659 $279,413
2019 $6,816 $559,876 $285,941 $273,935
2018 $6,621 $548,899 $280,335 $268,564
2016 $6,414 $527,587 $269,450 $258,137
2015 $6,323 $519,663 $265,403 $254,260
2014 $5,962 $509,485 $260,205 $249,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20108365

California Regional Multiple Listing Service (CRMLS)

APN: 6253-015-028