NOT LISTED FOR SALE

8506 Cavel St Downey, CA 90242

Estimated Value: $792,284 - $896,000

3 Beds
2 Baths
1,331 Sq Ft
$631/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $489,000 $367 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,800/month

68 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Downey High School Rated A-
  • Stone Countertops
  • Den with Fireplace

About This Home

As of January 2016

Come see this charming ranch style home with an open floor plan, great for entertaining or simply kicking your feet back and relaxing! This 3 bedroom, 2 bathroom home was just renovated with brand new kitchen cabinets and quartz countertops, a fresh new interior and exterior paint scheme, new flooring, a brand new full bathroom and plush landscaping. Situated in a friendly community with great school system in Downey, this property is sure to sell fast so place your offer today!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 12/04/2015

Last Buyer's Agent

Julie Spisak

The Westwood Real Estate Group License #01829189

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,325 Sq Ft Lot
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,331 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Den with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 12768
  • Assessor Parcel Number 6258003030

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6258003030
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1331.00
  • Interior Amenities: Ceiling Fan(s), Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Den, Wood Burning
  • Levels: One
  • Price Per Square Foot: 367.39
  • Room Type: Den, Living Room

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Concrete, Slab
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Central, Natural Gas
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 5325.00
  • Price Per Lot Square Foot: 91.83
  • Lot Size Acres: 0.1220

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5325.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 12768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Dec 28, 2015
Sold by
Eagle Vista Equities Llc
Bought by
Cortez Jose Luis and Cortez Kimberly
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Julie Spisak
The Westwood Real Estate Group
List Price
$474,900
Sold Price
$489,000
Premium/Discount to List
$14,100
2.97%
Current Estimated Value
$840,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,071
Avg. Annual Appreciation
5.54%
Original Mortgage
$489,000
Outstanding Balance
$388,147
Interest Rate
3.9%
Mortgage Type
VA
Estimated Equity
$451,924

Purchase Details

Closed on
Aug 11, 2015
Sold by
Walstn Scott Dale
Bought by
Eagle Vista Equities Llc

Purchase Details

Closed on
Mar 18, 2004
Sold by
Rodgers Bridgette and The Trust Of Thomas B Everhear
Bought by
Walsten Scott Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1993
Sold by
Everheart Thomas B
Bought by
Everheart Thomas B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cortez Jose Luis $489,000 Title 365
Eagle Vista Equities Llc $393,000 Accommodation
Walsten Scott Dale $350,000 Stewart Title Irvine
Everheart Thomas B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortez Jose Luis $489,000
Previous Owner Walsten Scott Dale $280,000
Closed Walsten Scott Dale $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $489,000 +3.0% $367 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $474,900 0.0% $357 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
11/06/2015 11/06/15 Price Changed $474,900 -1.0% $357 / Sq Ft
10/02/2015 10/02/15 For Sale $479,900 -- $361 / 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 $5,256 $578,871 $379,404 $199,467
2024 $5,256 $567,521 $371,965 $195,556
2023 $5,144 $556,394 $364,672 $191,722
2022 $4,980 $545,485 $357,522 $187,963
2021 $4,862 $534,790 $350,512 $184,278
2019 $4,782 $518,929 $340,116 $178,813
2018 $4,637 $508,755 $333,448 $175,307
2016 $5,364 $434,000 $274,000 $160,000
2015 $4,804 $393,000 $314,000 $79,000
2014 $4,351 $369,000 $295,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15217320

California Regional Multiple Listing Service (CRMLS)

APN: 6258-003-030