NOT LISTED FOR SALE

8505 Cherokee Dr Downey, CA 90241

Estimated Value: $1,370,000 - $1,703,000

4 Beds
4 Baths
3,027 Sq Ft
$488/Sq Ft Est. Value

About This Home

This home is located at 8505 Cherokee Dr, Downey, CA 90241 and is currently estimated at $1,477,077, approximately $487 per square foot. 8505 Cherokee Dr is a home located in Los Angeles County with nearby schools including Gallatin Elementary School, Doty Middle School, and Downey High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2018
Sold by
Crosson Lawrence Arthur and Crosson Susann K
Bought by
Crosson Lawrence A and Crosson Susann K
Current Estimated Value
$1,477,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$441,368
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$1,035,709

Purchase Details

Closed on
Oct 8, 2003
Sold by
Crosson Lawrence Arthur
Bought by
Crosson Lawrence Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 1998
Sold by
Crosson Lawrence Arthur
Bought by
Crosson Lawrence Arthur

Purchase Details

Closed on
Jun 10, 1998
Sold by
Irwin Ronald S and Irwin Linda D
Bought by
Crosson Lawrence A and Crosson Lawrence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.91%

Purchase Details

Closed on
Oct 30, 1997
Sold by
Irwin Ronald S and Irwin Linda D
Bought by
Irwin Ronald S and Irwin Linda D

Purchase Details

Closed on
Nov 23, 1993
Sold by
Irwin Ronald S and Irwin Linda D
Bought by
Irwin Ronald S and Irwin Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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
Crosson Lawrence A -- Wfg National Title Company O
Crosson Lawrence Arthur -- Fidelity National Title
Crosson Lawrence Arthur -- Fidelity National Title
Crosson Lawrence Arthur -- --
Crosson Lawrence A $360,000 North American Title Co
Irwin Ronald S -- --
Irwin Ronald S -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosson Lawrence A $500,000
Closed Crosson Lawrence Arthur $288,000
Previous Owner Crosson Lawrence A $270,000
Previous Owner Irwin Ronald S $278,000
Source: Public Records

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 $7,264 $564,358 $225,429 $338,929
2024 $7,264 $553,293 $221,009 $332,284
2023 $7,024 $542,445 $216,676 $325,769
2022 $6,680 $531,810 $212,428 $319,382
2021 $6,527 $521,383 $208,263 $313,120
2019 $6,362 $505,921 $202,087 $303,834
2018 $6,085 $496,002 $198,125 $297,877
2016 $5,882 $476,744 $190,433 $286,311
2015 $5,799 $469,584 $187,573 $282,011
2014 $5,477 $460,386 $183,899 $276,487
Source: Public Records

Map

California Los Angeles County Downey 90241

8505 Cherokee Dr, Downey, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes