8511 Otto St Downey, CA 90240
Estimated Value: $1,247,000 - $1,383,570
2
Beds
2
Baths
2,277
Sq Ft
$575/Sq Ft
Est. Value
About This Home
This home is located at 8511 Otto St, Downey, CA 90240 and is currently estimated at $1,309,643, approximately $575 per square foot. 8511 Otto St 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
Aug 10, 2004
Sold by
Holiday Jo Anne and Holiday George
Bought by
Posada Nick and Posada Evelia Berumen
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$207,895
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,101,748
Purchase Details
Closed on
May 3, 2003
Sold by
Holiday Jo Anne
Bought by
Holiday Jo Anne and Holiday George
Purchase Details
Closed on
Nov 17, 1997
Sold by
Holiday George
Bought by
Holiday Jo Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.23%
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Posada Nick | $600,000 | Ticor Title Company | |
| Holiday Jo Anne | -- | -- | |
| Holiday Jo Anne | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Posada Nick | $480,000 | |
| Previous Owner | Holiday Jo Anne | $208,000 | |
| Closed | Posada Nick | $60,000 |
Source: Public Records
Tax History Compared to Growth
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 | $11,627 | $943,093 | $543,621 | $399,472 |
| 2024 | $11,627 | $924,602 | $532,962 | $391,640 |
| 2023 | $11,227 | $906,473 | $522,512 | $383,961 |
| 2022 | $10,659 | $888,700 | $512,267 | $376,433 |
| 2021 | $10,443 | $871,275 | $502,223 | $369,052 |
| 2019 | $9,482 | $785,000 | $452,500 | $332,500 |
| 2018 | $9,350 | $785,000 | $452,500 | $332,500 |
| 2016 | $8,205 | $680,000 | $393,000 | $287,000 |
| 2015 | $7,147 | $589,000 | $340,000 | $249,000 |
| 2014 | $6,868 | $589,000 | $340,000 | $249,000 |
Source: Public Records
Map
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