NOT LISTED FOR SALE

8445 Otto St Downey, CA 90240

Estimated Value: $1,053,000 - $1,124,000

3 Beds
1 Bath
1,416 Sq Ft
$760/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $900,000 $636 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,602/month

14 Days on Market

Highlights

  • In Ground Pool
  • Neighborhood Views
  • Cul-De-Sac
  • No HOA
  • Den with Fireplace
  • Living Room

About This Home

As of June 2022

North Downey pool home on a highly private and very rarely available street. The warm & cozy home boasts 3 bedrooms and 2 dens, one with a fireplace adjacent to the living room and the other one adjacent to the kitchen. The home has mostly new windows and a newer tile roof. The home is situated on a premium-sized lot with an extra-large 2 car garage and was especially designed for entertaining with an oversized patio and sparkling pool. Surrounding it all is lush Cypress trees that stretch endlessly for added privacy. The property boasts sensational pool views and stunning light quality throughout the home. The fabulous pool, spa, patio, and firepit provide the ideal space for entertaining and enjoying the unsurpassed natural beauty of the surroundings. An exclusive opportunity for privacy, serenity, and a lifestyle that one can only dream of!

Last Agent to Sell the Property

Michael Berdelis

24 Hour Real Estate License #01234589 Listed on: 05/03/2022

Last Buyer's Agent

Michael Berdelis

24 Hour Real Estate License #01234589 Listed on: 05/03/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,915 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Back Yard
  • Property is zoned DOR17500*

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Den with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Gallatin Elementary School
  • Downey High School

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6362016008
  • $458 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: DOR17500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6362016008
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1416.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 635.59
  • Room Type: Den, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, 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: Back Yard, Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 7915.00
  • Lot Size Acres: 0.1817

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7915.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5506.02
  • TaxOtherAnnualAssessmentAmount: 458.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2016
Sold by
Varela Cynthia
Bought by
Varela Cynthia
Current Estimated Value
$1,076,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,899
Interest Rate
3.5%
Mortgage Type
FHA
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
Varela Cynthia -- Netco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Varela Cynthia $534,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $900,000 0.0% $636 / Sq Ft
05/10/2022 05/10/22 Price Changed $899,950 -7.7% $636 / Sq Ft
05/03/2022 05/03/22 For Sale $975,000 -- $689 / 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 $11,721 $955,086 $764,069 $191,017
2024 $11,721 $936,360 $749,088 $187,272
2023 $11,315 $918,000 $734,400 $183,600
2022 $4,218 $327,111 $218,907 $108,204
2021 $4,118 $320,698 $214,615 $106,083
2019 $4,014 $311,188 $208,250 $102,938
2018 $3,861 $305,087 $204,167 $100,920
2016 $3,739 $293,242 $196,240 $97,002
2015 $3,686 $288,838 $193,293 $95,545
2014 $3,488 $283,181 $189,507 $93,674
Source: Public Records

Agents Affiliated with this Home

  • Michael Berdelis

    Seller's Agent in 2022

    Michael Berdelis

    24 Hour Real Estate

    (714) 507-6266

    237 Total Sales

    Michael Berdelis
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22090656

California Regional Multiple Listing Service (CRMLS)

APN: 6362-016-008

California Los Angeles County Downey 90240

8445 Otto St, Downey, CA

Not Listed for Sale

Detached

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