NOT LISTED FOR SALE

8516 Rives Ave Downey, CA 90240

Estimated Value: $791,803 - $904,000

3 Beds
2 Baths
1,145 Sq Ft
$734/Sq Ft Est. Value

Last Sold January 26, 2021

Last sale price $605,000 $528 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,157/month

63 Days on Market

Highlights

  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • 1 Car Attached Garage
  • Unsworth Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of January 2021

Cozy and Lovely Home Located in a Secluded Northeast side in the Beautiful City of Downey. Welcome to a freshly painted house with hardwood floors throughout. Spacious Livingroom for your gatherings. Enjoy family dinners in your kitchen with updated kitchen cabinets. Conveniently close to schools and easy freeway access.

Last Agent to Sell the Property

Maria Cervantes

Manna Realty License #01267890 Listed on: 10/15/2020

Last Buyer's Agent

Jasmine Gutierrez

Keller Williams SELA License #01982581

Keller Williams SELA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,137

Year Built

  • Built in 1949

Lot Details

  • 5,360 Sq Ft Lot
  • Back Yard
  • Property is zoned DOR105

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,145 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 16032
  • Assessor Parcel Number 6367004007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,137

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR105
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6367004007
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1145.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 528.38
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Jetted Tub

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5360.00
  • Lot Size Acres: 0.1230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5360.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5507.00
  • Tax Lot: 37
  • Tax Tract Number: 16032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2023
Sold by
Ornelas Jose
Bought by
Ornelas Chihuahua Family Revocable Living Tru
Current Estimated Value
$840,701

Purchase Details

Listed on
Oct 15, 2020
Closed on
Jan 5, 2021
Sold by
Vallejan Saldivar Carena and Saldivar Jorge L
Bought by
Ornelas Jose
Seller's Agent
Maria Cervantes
Manna Realty
Buyer's Agent
Jasmine Gutierrez
Keller Williams SELA
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$484,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Federal National Mortgage Association
Bought by
Vallejan Saldivar Carena and Saldivar Jorge L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2008
Sold by
Alfaro Teresita and Martinez Pedro
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 9, 2006
Sold by
Chicas Jesus E
Bought by
Martinez Pedro and Alfaro Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 19, 2003
Sold by
Chicas Jesus E
Bought by
Chicas Jesus E and Chicas Estella A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1994
Sold by
Mcnaught Gary D
Bought by
Chicas Jesus Edwin and Ramirez Estella A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,800
Interest Rate
8.91%
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
Ornelas Chihuahua Family Revocable Living Tru -- Pacific Coast Title Company
Ornelas Jose $605,000 Orange Coast Title Company
Vallejan Saldivar Carena $370,000 Commonwealth Land Title Co
Federal National Mortgage Association $440,238 Landsafe Title
Martinez Pedro $515,000 Security Union Title
Chicas Jesus E -- Landsafe Title
Chicas Jesus Edwin $143,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ornelas Jose $484,000
Previous Owner Vallejan Saldivar Carena $307,500
Previous Owner Vallejan Saldivar Carena $311,000
Previous Owner Vallejan Saldivar Carena $38,000
Previous Owner Vallejan Saldivar Carena $296,782
Previous Owner Vallejan Saldivar Carena $296,000
Previous Owner Martinez Pedro $103,000
Previous Owner Martinez Pedro $412,000
Previous Owner Chicas Estella A $35,000
Previous Owner Chicas Jesus E $196,000
Previous Owner Chicas Jesus Edwin $35,000
Previous Owner Chicas Jesus Edwin $140,000
Previous Owner Chicas Jesus Edwin $135,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $605,000 +1.7% $528 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $595,000 0.0% $520 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $595,000 -- $520 / 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 $8,137 $654,869 $501,382 $153,487
2024 $8,137 $642,029 $491,551 $150,478
2023 $7,857 $629,441 $481,913 $147,528
2022 $7,458 $617,100 $472,464 $144,636
2021 $5,423 $440,175 $269,579 $170,596
2020 $5,341 $435,662 $266,815 $168,847
2019 $5,285 $427,121 $261,584 $165,537
2018 $5,139 $418,747 $256,455 $162,292
2016 $4,988 $402,489 $246,498 $155,991
2015 $4,918 $396,444 $242,796 $153,648
2014 $4,641 $388,679 $238,040 $150,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20201189

California Regional Multiple Listing Service (CRMLS)

APN: 6367-004-007