NOT LISTED FOR SALE

8440 Otto St Downey, CA 90240

Estimated Value: $1,037,000 - $1,214,828

4 Beds
2 Baths
1,538 Sq Ft
$720/Sq Ft Est. Value

Last Sold April 04, 2017

Last sale price $610,000 $397 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,631/month

7 Days on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • Forced Air Heating System
  • No HOA
  • Cul-De-Sac
  • Family Room

About This Home

As of April 2017

This is a great deal and a prime location in Downey! This 3 bedroom 2 bathroom home plus huge family room (tax records shows different, buyer to verify with county) needs a little updating but has great potential for a big family. Located in a semi-private street, this home has an open concept layout and some of its features are: formal living and dining room, big spacious kitchen with separate eating area, family room with wood burning fireplace and its own separate entrance (perfect to rent it out), block wall with neighboring properties, long driveway with potential RV parking, detached 2 car garage, huge yard and so much more! Property sold AS IS, no repairs will be made. Buyer to do inspections and satisfy themselves.

Last Agent to Sell the Property

Catalina Castaneda

Southland Homes License #01886731 Listed on: 02/23/2017

Last Buyer's Agent

Billy Chacon

Coldwell Banker Envision License #01392186

Coldwell Banker Envision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Front Yard
  • Property is zoned DOR17500*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,538 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • Property is near public transit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 3282
  • Assessor Parcel Number 6362016014

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: DOR17500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6362016014
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1538.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 396.62
  • Room Type: Family Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 12278.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5506.02
  • Tax Lot: 14
  • Tax Tract Number: 3282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Gaspar Jorge and Gaspar Gricelda
Bought by
Gricelda Jorge L and Gricelda Espinoza
Current Estimated Value
$1,107,957

Purchase Details

Closed on
Oct 2, 2020
Sold by
Campillo Cynthia Espinoza
Bought by
Gaspar Jorge and Espinoza Griselda

Purchase Details

Listed on
Feb 23, 2017
Closed on
Mar 31, 2017
Sold by
Msc Development Inc
Bought by
Campillo Cynthia Espinoza and Gaspar Jorge
Seller's Agent
Catalina Castaneda
Southland Homes
Buyer's Agent
Billy Chacon
Coldwell Banker Envision
List Price
$610,000
Sold Price
$610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$560,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2017
Sold by
Findlay Jill E
Bought by
Msc Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2007
Sold by
Harrington Eleanor F
Bought by
Harrington Eleanor F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,467
Interest Rate
6.67%
Mortgage Type
New Conventional
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
Gricelda Jorge L -- --
Gaspar Jorge -- None Available
Campillo Cynthia Espinoza $610,000 Title 365 Riverside
Msc Development Inc $520,000 Title 365
Harrington Eleanor F -- Gtc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campillo Cynthia Espinoza $560,000
Previous Owner Msc Development Inc $300,000
Previous Owner Harrington Eleanor F $128,467
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2017 04/04/17 Sold $610,000 0.0% $397 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $610,000 -- $397 / 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 $9,909 $792,896 $632,454 $160,442
2024 $9,909 $777,350 $620,053 $157,297
2023 $9,571 $762,109 $607,896 $154,213
2022 $9,090 $747,167 $595,977 $151,190
2021 $8,907 $732,518 $584,292 $148,226
2020 $7,891 $647,335 $514,260 $133,075
2019 $7,809 $634,643 $504,177 $130,466
2018 $7,532 $622,200 $494,292 $127,908
2016 $1,271 $86,311 $42,637 $43,674
2015 $1,252 $85,015 $41,997 $43,018
2014 $1,205 $83,351 $41,175 $42,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17037213

California Regional Multiple Listing Service (CRMLS)

APN: 6362-016-014