NOT LISTED FOR SALE

8418 Rives Ave Downey, CA 90240

Estimated Value: $760,000 - $834,000

3 Beds
1 Bath
1,185 Sq Ft
$665/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $520,000 $439 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,744/month

10 Days on Market

Highlights

  • Boat Slip
  • Contemporary Architecture
  • No HOA
  • Unsworth Elementary School Rated A-
  • Wood Flooring
  • Neighborhood Views

About This Home

As of March 2018

Beautiful property on a cul-de-sac in the city of Downey. The neighborhood is quiet and the home sits on a large lot with a circular front driveway! It features 3 bedrooms, 1 bath, plus a den. It has an open and comfortable layout with plenty of room to entertain Family & Friends! RV parking, a one year old central A/C, and Koi pond make this a must see. This home has hardwood floors all throughout, and the back yard has a detached 2 car garage with alley access. There is easy 5 freeway access, and close to shopping, entertainment, and restaurants as well! Don't let this unique property pass you by. It is a great property for a starting family. Come see it today!

Last Agent to Sell the Property

Jose A. Perez

Century 21 Allstars License #01316658 Listed on: 02/04/2018

Century 21 Allstars

Last Buyer's Agent

Christian Flores

Re/Max Top Producers License #01749345

Re/Max Top Producers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,095 Sq Ft Lot
  • Lot Dimensions are 62x116
  • Property fronts an alley
  • Cul-De-Sac
  • Wood Fence
  • Front Yard
  • Property is zoned DOR10S

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entryway
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • 5 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Boat Slip
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Maude Pric Elementary School
  • Griffiths Middle School
  • Downey High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 16032
  • Assessor Parcel Number 6367003011

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: DOR10S
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6367003011
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1185.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 438.82
  • Room Type: All Bedrooms Down, Den, Entry, Family Room, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Exterior Features: Boat Slip
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Maude Pric
  • High School: Downey
  • Middle Or Junior School: Griffiths
  • Elementary School #2: MAUPRI2
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard
  • Lot Size: 62x116
  • Lot Size Sq Ft: 7095.00
  • Lot Size Acres: 0.1629

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7095.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5507.00
  • Tax Lot: 11
  • Tax Tract Number: 16032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Feb 14, 2018
Sold by
Santos Jason and Armijo Jessica
Bought by
Mayorquin Nestor and Torres Kristal Jerica
Seller's Agent
Jose A. Perez
Century 21 Allstars
Buyer's Agent
Christian Flores
Re/Max Top Producers
List Price
$509,000
Sold Price
$520,000
Premium/Discount to List
$11,000
2.16%
Current Estimated Value
$788,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,169
Avg. Annual Appreciation
5.48%
Original Mortgage
$416,000
Outstanding Balance
$354,327
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$433,842

Purchase Details

Closed on
Mar 5, 2010
Sold by
Casasola Oscar Oswaldo
Bought by
Santos Jason and Armijo Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,457
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2006
Sold by
Hernandez Michael Frank
Bought by
Casasola Oscar Oswaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2004
Sold by
Hernandez Carlos A and Armijo Nancy Lyn
Bought by
Hernandez Michael Frank

Purchase Details

Closed on
Nov 30, 1998
Sold by
Zahlane Nabil
Bought by
Hernandez Carlos A and Armijo Nancy Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,677
Interest Rate
6.69%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 1998
Sold by
Romo Maria Estela and Romo Maria Estella
Bought by
Zahlane Soubhi and Zahlane Nabil

Purchase Details

Closed on
Oct 16, 1996
Sold by
Zahlane Nabil
Bought by
Romo Maria Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.14%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mayorquin Nestor $520,000 Old Republic Title Company
Santos Jason $306,000 North American Title Company
Casasola Oscar Oswaldo $555,000 Chicago Title Co
Hernandez Michael Frank -- First Southwestern Title Of
Hernandez Carlos A $169,500 South Coast Title
Zahlane Soubhi -- North American Title Co
Romo Maria Estella $163,000 North American Title Co
Zahlane Nabil -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayorquin Nestor $416,000
Previous Owner Santos Jason $300,457
Previous Owner Casasola Oscar Oswaldo $444,000
Previous Owner Hernandez Carlos A $165,677
Previous Owner Romo Maria Estella $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $520,000 +2.2% $439 / Sq Ft
02/04/2018 02/04/18 For Sale $509,000 -- $430 / 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 $7,371 $591,665 $429,869 $161,796
2024 $7,371 $580,065 $421,441 $158,624
2023 $7,119 $568,692 $413,178 $155,514
2022 $6,761 $557,542 $405,077 $152,465
2021 $6,618 $546,611 $397,135 $149,476
2019 $6,447 $530,400 $385,356 $145,044
2018 $4,328 $347,136 $224,618 $122,518
2016 $5,504 $333,658 $215,897 $117,761
2015 $4,138 $328,648 $212,655 $115,993
2014 $3,910 $322,211 $208,490 $113,721
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18023211

California Regional Multiple Listing Service (CRMLS)

APN: 6367-003-011