NOT LISTED FOR SALE

8510 Boyson St Downey, CA 90242

Estimated Value: $945,000 - $1,154,552

6 Beds
4 Baths
2,506 Sq Ft
$420/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $455,000 $182 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,172/month

Highlights

  • In Ground Pool
  • No HOA
  • Tile Flooring
  • Downey High School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of January 2013

Back on the market!!! Approved Short Sale , seller will credit 3% for buyers CC.
Great income opportunity!!
Well maintained Downey property in a quiet block.
Front main house 3bd,2ba upgraded kitchen, carpet and title floors , fireplace in living room,family room with pool view.
Back yard unit: kitchen, 2bd,1ba , A/C, private entry well maintained.
Plus additioned 1 bd, 1 ba studio next to the garage with permit.
Swimming pool in great condition, large back yard. Large driveway with carpot.
This property wont last, a must see!!

Last Agent to Sell the Property

Enrique Campos

Century 21 Masters License #01806053 Listed on: 09/05/2012

Last Buyer's Agent

Juan Ramirez

Century 21 Masters License #01880168

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,346

Year Built

  • Built in 1941

Lot Details

  • 0.27

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Turnkey
  • Shingle Roof

Interior Spaces

  • 2,506 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • In Ground Pool
  • 0.27 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 20
  • Tax Tract Number 2723
  • Assessor Parcel Number 6261015068

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $2,200
  • Insurance Expense $1,460
  • Trash Expense $420
  • Water Sewer Expense $960
  • Gross Income $1,500
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,346

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 960.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6261015068
  • Year Built: 1941
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 181.56
  • Room Type: Master Bedroom

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 420.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Name: N.A
  • Phone: N.A.
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 11740.00
  • Lot Size Acres: 0.2700

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 2200.00
  • Gross Income: 1500.00
  • Gross Scheduled Income: 1500.00
  • Insurance Expense: 1460.00
  • Lot Size Area: 11740.0000 Square Feet
  • Net Operating Income: 1200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Actual Rent: 1500.00

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 20
  • Tax Tract Number: 2723
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2012
Sold by
Vargas Javier G and Vargas Maria A
Bought by
Moreno Hector J and Contreras Rosa Erlinda Rodriguez
Current Estimated Value
$1,051,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,758
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 2006
Sold by
Haddad Bassam A and Haddad Laila B
Bought by
Vargas Javier G and Vargas Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$783,000
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2002
Sold by
Haddad Zuhair and Haddad Ferial
Bought by
Haddad Bassam A and Haddad Laila B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Haddad Zuhair Hanna and Haddad Ferial
Bought by
Haddad Zuhair and Haddad Ferial

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,950
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
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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
Moreno Hector J $455,000 Usa National Title Co Inc
Vargas Javier G $995,000 United Title Company
Haddad Bassam A $300,000 Fidelity Title
Haddad Zuhair -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Hector J $446,758
Previous Owner Vargas Javier G $783,000
Previous Owner Haddad Bassam A $240,000
Previous Owner Haddad Zuhair $285,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2013 01/31/13 Sold $455,000 -- $182 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
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 $7,346 $560,286 $338,635 $221,651
2024 $7,346 $549,301 $331,996 $217,305
2023 $7,106 $538,532 $325,487 $213,045
2022 $6,761 $527,973 $319,105 $208,868
2021 $6,592 $517,622 $312,849 $204,773
2020 $6,494 $512,316 $309,642 $202,674
2019 $6,427 $502,271 $303,571 $198,700
2018 $6,157 $492,423 $297,619 $194,804
2016 $5,963 $473,304 $286,063 $187,241
2015 $5,880 $466,196 $281,767 $184,429
2014 $5,561 $457,065 $276,248 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12024860

California Regional Multiple Listing Service (CRMLS)

APN: 6261-015-068