M
Seller's Agent in 2018
Melanie Bickley
Whittier Brokers
8434 Fontana St Downey, CA 90241
Estimated Value: $1,501,000 - $2,016,000
8
Beds
5
Baths
4,846
Sq Ft
$358/Sq Ft
Est. Value
Highlights
- No HOA
- Neighborhood Views
- Cooling System Mounted To A Wall/Window
- Downey High School Rated A
- Two Homes on a Lot
- Laundry Room
About This Home
As of January 2018Owner Builder is selling! Main house 2680SQFT fronts on Fontana and was built to keep a BIG family happy and organized! FOUR bedrooms upstairs with TWO baths, including a HUGE Master Suite with walk-in closet, DIVA worthy bathroom and plenty of privacy. DOWNSTAIRS Living room with a view of the street is a retreat from the main living area of GREAT ROOM Kitchen, Dining & Family Room with FIREPLACE, a slider to the backyard and a 3rd bathroom. PLUS There's a den with private entrance! Perfect option for additional bdrm, office or Formal Dining Rm. Attached garage with auto door opener for easy access to the house. Fronting on Stewart & Gray you have TWO 2bdrm apartments with air conditioning, their own private double garages, and laundry hookups. Rents have been kept low for EXCELLENT residents. House & apartments are FENCED for separation and privacy. Lots of options for owner user or investor. GREAT location for commuting to LA, Long Beach or Sante Fe Springs. EZ access to the best of Downey's shopping, dining, and entertainment. HUGE UPSIDE FOR RENTS.
Last Agent to Sell the Property
Melanie Bickley
Whittier Brokers License #00519059 Listed on: 12/13/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,005
Year Built
- Built in 1987
Lot Details
- 7,968 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Landscaped
- Level Lot
Parking
- 6 Car Garage
- Parking Available
Home Design
- Triplex
Interior Spaces
- 4,846 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
Additional Features
- Exterior Lighting
- Two Homes on a Lot
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 26
- Tax Tract Number 10689
- Assessor Parcel Number 6255026014
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,920
- Trash Expense $2,040
- Water Sewer Expense $936
- New Taxes Expense $14,300
- Operating Expense $18,068
- Gross Income $63,600
- Net Operating Income $45,532
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 13, 2017
Closed on
Dec 28, 2017
Sold by
Swedenburg Randy and Revocable Trust Of Louise Mart
Bought by
Vallejo Sergio and Vallejo Olivia
Seller's Agent
Melanie Bickley
Whittier Brokers
Buyer's Agent
Jason Cokias
eXp Realty of Greater Los Angeles
List Price
$1,100,000
Sold Price
$1,025,000
Premium/Discount to List
-$75,000
-6.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,010
Avg. Annual Appreciation
7.21%
Original Mortgage
$682,500
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2009
Sold by
Martin Edith Louise and Revocable Trust Of Louise Mart
Bought by
Martin Edith Louise and Revocable Trust Of Louise Mart
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
5.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 5, 1998
Sold by
Martin Louise
Bought by
Martin Louise and Revocable Trust Of Louise Mart
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
7.06%
Purchase Details
Closed on
Mar 31, 1998
Sold by
Martin Louise and Revocable Trust Of Louise Mart
Bought by
Martin Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
7.06%
Purchase Details
Closed on
Oct 29, 1996
Sold by
Martin Louise
Bought by
Martin Louise and Revocable Trust Of Louise Mart
Purchase Details
Closed on
Jan 1, 1994
Sold by
Martin Vance M
Bought by
Martin Louise
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vallejo Sergio | $1,050,000 | Old Republic Title Co | |
| Martin Edith Louise | -- | First American Title Company | |
| Martin Louise | -- | -- | |
| Martin Louise | -- | United Title Company | |
| Martin Louise | -- | -- | |
| Martin Louise | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vallejo Family Trust | $250,000 | |
| Open | Vallejo Sergio | $693,000 | |
| Closed | Vallejo Sergio | $684,000 | |
| Closed | Vallejo Sergio | $682,500 | |
| Previous Owner | Martin Edith Louise | $214,500 | |
| Previous Owner | Martin Louise | $251,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2018 01/26/18 | Sold | $1,025,000 | -6.8% | $212 / Sq Ft |
| 01/03/2018 01/03/18 | Pending | -- | -- | -- |
| 12/18/2017 12/18/17 | For Sale | $1,100,000 | +7.3% | $227 / Sq Ft |
| 12/15/2017 12/15/17 | Off Market | $1,025,000 | -- | -- |
| 12/13/2017 12/13/17 | For Sale | $1,100,000 | -- | $227 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,005 | $1,194,717 | $455,130 | $739,587 |
| 2024 | $15,005 | $1,171,292 | $446,206 | $725,086 |
| 2023 | $14,496 | $1,148,326 | $437,457 | $710,869 |
| 2022 | $13,772 | $1,125,811 | $428,880 | $696,931 |
| 2021 | $13,444 | $1,103,737 | $420,471 | $683,266 |
| 2019 | $13,062 | $1,071,000 | $408,000 | $663,000 |
| 2018 | $12,690 | $1,040,400 | $479,400 | $561,000 |
| 2016 | $6,492 | $501,892 | $101,860 | $400,032 |
| 2015 | $6,402 | $494,354 | $100,330 | $394,024 |
| 2014 | $6,064 | $484,671 | $98,365 | $386,306 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Jason Cokias
eXp Realty of Greater Los Angeles
(562) 965-2213
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17274564
APN: 6255-026-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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