NOT LISTED FOR SALE

8514 Otto St Downey, CA 90240

Estimated Value: $828,000 - $1,116,829

3 Beds
2.5 Baths
1,827 Sq Ft
$551/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2014

Last sale price $650,000 $356 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,270 / mo

35 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Neighborhood Views
  • Downey High School Rated A-
  • No HOA
  • Covered Patio or Porch

About This Home

As of June 2014

REMODELED “RANCH” on HUGE (NE) DOWNEY-SIZED LOT. Exceptional location at end of cul-de-sac, this recently remodeled 3BR, 2 1/2 BA stunner offers 1827sf on an oversized (9126sf) lot. Jaw-dropping hardwood floors, restored to their original beauty flow seamlessly thru-out this "open-concept" floor plan. Also features a dramatic floor-to-ceiling wood burning fireplace, designer stone veneer hearth w/ Minka Lavery lighting, & new sliding glass door that opens to covered patio & large backyard. New Shaker-style kitchen offers sleek stainless steel “Frigidaire” appliances, “Ubatuba” granite counters, oversized “Ghiberti” porcelain tile flooring, new steel sink, & ultra-cool L.S.H. Faucet w/ single handed, pull-down spray-head. Designer lighting w/ brushed nickel fixtures & hardware enhance the warm-gray palette. BA features inlaid marble, basketweave mosaic flooring w/ Carrara accents, tub/shower combos with floor to ceiling tile & frameless glass enclosures. BA features a designer double vanity w/ “Absolute Black” granite top & dual framed mirrors. MBA features travertine flooring & stunning, built-in vanity w/ quartzite counter & oversized linen cabinets. New roof, recessed lighting, new interior doors, new windows. Artisan-inspired craftsmanship throughout.

Last Agent to Sell the Property

Richard Garrison

American Dream Realty License #00301695 Listed on: 02/17/2014

American Dream Realty

Last Buyer's Agent

Kathy Garrison

Surterre Properties Inc License #00858313

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 9,123 Sq Ft Lot
  • Block Wall Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Composition Roof

Interior Spaces

  • 1,827 Sq Ft Home
  • Family Room with Fireplace
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 19081
  • Assessor Parcel Number 6363018005

Home Details

Home Type

Single Family

Year Built

Built in 1954 | Remodeled

Lot Details

9,123 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6363018005
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1827.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 355.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Lot Info

  • Lot Size Sq Ft: 9123.00
  • Lot Size Acres: 0.2090

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9123.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 50
  • Tax Tract Number: 19081

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Jun 19, 2014
Sold by
Bought by
Seller's Agent
Richard Garrison
American Dream Realty
Buyer's Agent
Kathy Garrison
Surterre Properties Inc
List Price
$674,500
Sold Price
$650,000
Premium/Discount to List
-$24,500
-3.63%
Current Estimated Value
$1,007,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,207
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
Apr 1, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1994
Sold by
Bought by
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Provident Title Company
$650,000 Provident Title Company
$1,000 Stewart Title Of Ca Inc
$435,000 Stewart Title Of Ca Inc
-- None Available
$237,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $520,000
Previous Owner $303,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2014 06/27/14 Sold $650,000 -1.5% $356 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/17/2014 03/17/14 Price Changed $659,900 -2.2% $361 / Sq Ft
02/17/2014 02/17/14 For Sale $674,500 -- $369 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,076 $796,800 $478,082 $318,718
2024 $9,909 $781,177 $468,708 $312,469
2023 $9,569 $765,861 $459,518 $306,343
2022 $9,086 $750,845 $450,508 $300,337
2021 $8,900 $736,124 $441,675 $294,449
2020 $8,764 $728,577 $437,147 $291,430
2019 $8,672 $714,292 $428,576 $285,716
2018 $8,431 $700,287 $420,173 $280,114
2016 $8,188 $673,096 $403,858 $269,238
2015 $8,073 $662,986 $397,792 $265,194
2014 $5,207 $435,000 $325,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Garrison

    American Dream Realty

    Section Image

  • K

    Buyer's Agent in 2014

    Kathy Garrison

    Surterre Properties Inc

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14033077

California Regional Multiple Listing Service (CRMLS)

APN: 6363-018-005

California Los Angeles County Downey 90240

8514 Otto St, Downey, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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