NOT LISTED FOR SALE

8433 Cherokee Dr Downey, CA 90241

Estimated Value: $874,000 - $1,129,000

3 Beds
2 Baths
1,604 Sq Ft
$612/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $600,000 $374 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,839/month

43 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Ceramic Countertops
  • Downey High School Rated A-
  • Soaking Tub
  • Laundry Room

About This Home

As of December 2017

Snatch this 1 story home located in the city of Downey. You'll love this charming 3bedroom 2 bathroom
home with a 2-stall garage will give you 1600 sq. ft. of generous space to move about( without losing
that quaint, cozy atmosphere when its time to cuddle up by the fireplace with the family). Friendly
Downey community, Closing to shopping and restaurants.

Last Agent to Sell the Property

Yesica Gonzalez

SellorBuy Inc. License #01379599 Listed on: 10/05/2017

Last Buyer's Agent

Limairy Molina

eXp Realty of California Inc. License #02018301

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 4,390 Sq Ft Lot
  • Block Wall Fence
  • Property is zoned DOR105

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Patio Home
  • Shingle Roof

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Electric Cooktop
  • Ceramic Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Schools

  • Gallatin Elementary School
  • Downey High School

Additional Features

  • Exterior Lighting
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3304
  • Assessor Parcel Number 6252016030

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR105
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6252016030
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1604.00 Square Feet
  • Interior Amenities: Ceramic Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 374.06
  • Room Type: All Bedrooms Down
  • Bathroom Features: Soaking Tub, Walk-In Shower

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop
  • Heating Type: Fireplace(s)
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 4390.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5509.02
  • Tax Lot: 3304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 21, 2017
Sold by
Pasesa Investmetns Inc
Bought by
Duarte Miguel
Seller's Agent
Yesica Gonzalez
SellorBuy Inc.
Buyer's Agent
Limairy Molina
eXp Realty of California Inc.
List Price
$605,000
Sold Price
$600,000
Premium/Discount to List
-$5,000
-0.83%
Current Estimated Value
$981,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,885
Avg. Annual Appreciation
6.32%
Original Mortgage
$540,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2017
Sold by
Vazquez Anthony
Bought by
Pasesa Investments Inc

Purchase Details

Closed on
Jun 1, 2017
Sold by
Miranda Mariela
Bought by
Vazquez Anthony

Purchase Details

Closed on
May 17, 2017
Sold by
Nieves Jasmine F
Bought by
Vazquez Anthony

Purchase Details

Listed on
Oct 29, 2012
Closed on
Mar 8, 2013
Sold by
Martinez Gerardo
Bought by
Miranda Mariela
Seller's Agent
Victor Vazquez
Vazquez Realty
Buyer's Agent
Victor Vazquez
Vazquez Realty
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$318,986
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2005
Sold by
Martinez Belinda
Bought by
Martinez Gerardo

Purchase Details

Closed on
Feb 24, 2005
Sold by
Jaime Salvador
Bought by
Martinez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 25, 2004
Sold by
Johnson Jean E
Bought by
Jaime Salvador and Jaime Rosa Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,040
Interest Rate
3.54%
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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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
Duarte Miguel $600,000 Pacific Coast Title Company
Pasesa Investments Inc -- None Available
Vazquez Anthony $325,500 Ticor Title
Vazquez Anthony -- Ticor Title
Miranda Mariela $330,000 Lawyers Title
Martinez Gerardo -- Southland Title
Martinez Gerardo -- Southland Title
Martinez Gerardo $635,000 Southland Title Corporation
Martinez Gerardo $635,000 Southland Title Corporation
Jaime Salvador $354,000 First American Title Co Of L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duarte Miguel $540,000
Previous Owner Miranda Mariela $318,986
Previous Owner Martinez Gerardo $508,000
Previous Owner Jaime Salvador $283,040
Closed Martinez Gerardo $63,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2017 12/15/17 Sold $600,000 -0.8% $374 / Sq Ft
10/05/2017 10/05/17 For Sale $605,000 +83.3% $377 / Sq Ft
03/13/2013 03/13/13 Sold $330,000 -2.7% $205 / Sq Ft View Prior Sale
01/04/2013 01/04/13 Pending -- -- --
10/29/2012 10/29/12 For Sale $339,000 -- $211 / 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 $8,511 $682,692 $484,713 $197,979
2024 $8,511 $669,307 $475,209 $194,098
2023 $8,220 $656,185 $465,892 $190,293
2022 $7,805 $643,319 $456,757 $186,562
2021 $7,642 $630,705 $447,801 $182,904
2019 $7,445 $612,000 $434,520 $177,480
2018 $7,194 $595,680 $417,180 $178,500
2016 $4,314 $343,275 $269,940 $73,335
2015 $4,253 $338,120 $265,886 $72,234
2014 $4,017 $331,498 $260,678 $70,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17243407

California Regional Multiple Listing Service (CRMLS)

APN: 6252-016-030