NOT LISTED FOR SALE

8530 Gallatin Rd Unit L Downey, CA 90240

Estimated Value: $606,008 - $707,000

2 Beds
3 Baths
1,316 Sq Ft
$250/mo HOA Fee

Last Sold February 13, 2018

Last sale price $410,000 $312 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,228/month

7 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Level Lot
  • Downey High School Rated A-

About This Home

As of February 2018

EXCELLENT LOCATION IN NORTH DOWNEY. IT IS COMPLETLY REMODELED WITH NEW INTERIOR PAINT, NEW FLOORING, NEW KITCHEN, AND UPGRADED BATHROOMS. CENTRAL AIR/HEAT. ATTACHED 2 CAR GARAGE, LAUNDRY HOOK-UPS AND STORAGE AREA IN LOWER LEVEL. MAIN LEVEL FEATURES OPEN FLOOR PLAN, A FIREPLACE IN LIVING ROOM, FORMAL DINING ROOM WITH WET BAR, KITCHEN AREA, GUEST BATHROOM, AND TWO SEPARATE BALCONIES. UPPER LEVEL FEATURES 2 MASTER BEDROOMS WITH OWN BATHROOM AND A BALCONY. LOCATED IN A SMALL COMPLEX WITH LOW HOA WHICH INCLUDES WATER, TRASH, AND GARDENING. WALKING DISTANT TO GALLATIN ELEMENTARY, SHOPPING CENTER, RESTAURANTS, PARKS, AND FWY ACCESS.

Last Agent to Sell the Property

Luisa Quintanilla

Tri-Pillar Realty License #01833148 Listed on: 01/01/2018

Last Buyer's Agent

Jorge Villanueva

T.N.G. Real Estate Consultants License #01934289

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • 0.51

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,316 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Community Details

  • 14 Units
  • Gallatin Villas Association, Phone Number (562) 922-0297

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 32075
  • Assessor Parcel Number 6363002034

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: RANGE AND MICROWAVE
  • Property Attached: Yes
  • View: No
  • Zoning: DOR3-P*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6363002034
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1316.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 311.55
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: GALLATIN VILLAS
  • Phone: 5629220297
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 22208.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5506.02
  • Tax Lot: 15
  • Tax Tract Number: 32075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
Jan 12, 2018
Sold by
Quintanilla Luisa
Bought by
Carrasco Ana Maria
Seller's Agent
Luisa Quintanilla
Tri-Pillar Realty
Buyer's Agent
Jorge Villanueva
T.N.G. Real Estate Consultants
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Current Estimated Value
$668,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,252
Avg. Annual Appreciation
6.38%
Original Mortgage
$380,000
Outstanding Balance
$321,084
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$347,168

Purchase Details

Closed on
May 9, 2017
Sold by
Fannie Mae
Bought by
Quintanilla Luisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2016
Sold by
Karetnek David
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 25, 2005
Sold by
Karetnek David and Karr David
Bought by
Karetnek David and Karr David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Karr David
Bought by
Karr David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2002
Sold by
Karr David
Bought by
Coleman Jolene Li and Karr Rodney Jay
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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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
Carrasco Ana Maria $410,000 Provident Title Company
Quintanilla Luisa $335,000 Lawyers Title
Federal National Mortgage Association $333,171 None Available
Karetnek David -- Homeconnects Title
Karr David -- Gateway Title Company
Coleman Jolene Li -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrasco Ana Maria $380,000
Previous Owner Quintanilla Luisa $268,000
Previous Owner Karetnek David $100,000
Previous Owner Karr David $38,900
Closed Karetnek David $211,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $410,000 -1.2% $312 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $415,000 -- $315 / 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 $5,846 $466,504 $255,666 $210,838
2024 $5,846 $457,357 $250,653 $206,704
2023 $5,647 $448,390 $245,739 $202,651
2022 $5,361 $439,599 $240,921 $198,678
2021 $5,241 $430,981 $236,198 $194,783
2019 $5,106 $418,200 $229,194 $189,006
2018 $4,210 $341,700 $142,800 $198,900
2016 $2,132 $168,196 $42,042 $126,154
2015 $2,101 $165,671 $41,411 $124,260
2014 $1,992 $162,426 $40,600 $121,826
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Luisa Quintanilla

    Tri-Pillar Realty

    (562) 202-4181

    19 Total Sales

    Luisa Quintanilla
    Section Image
  • Jorge Villanueva

    Buyer's Agent in 2018

    Jorge Villanueva

    T.N.G. Real Estate Consultants

    (714) 501-6122

    16 Total Sales

    Jorge Villanueva
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18000239

California Regional Multiple Listing Service (CRMLS)

APN: 6363-002-034

California Los Angeles County Downey 90240

8530 Gallatin Rd Unit L, Downey, CA

Not Listed for Sale

Condos

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