NOT LISTED FOR SALE

8530 Gallatin Rd Unit M Downey, CA 90240

Estimated Value: $584,375 - $738,000

2 Beds
2.5 Baths
1,319 Sq Ft
0.51 Acres

Highlights

  • No Units Above
  • Traditional Architecture
  • Granite Countertops
  • Downey High School Rated A-
  • Wood Flooring
  • Neighborhood Views

About This Home

As of October 2022

Beautiful 2 bedroom unit in North Downey! Upgraded unit has fantastic kitchen with granite counters and beautiful cabinets. Hardwood floors in living room with gas fireplace mantle. Wet bar! Front porch balcony off living room and balcony off dining room
2 large bedrooms with en suite baths. Bathrooms are both upgraded.
Underground garage has laundry area and p,lenty of room to use as a small office or workout area.( photos have funriture-- NOT included)

Last Agent to Rent the Property

Marie Picarelli

24 Hour Real Estate License #00610605 Listed on: 09/19/2022

Last Renter's Agent

Marie Picarelli

24 Hour Real Estate License #00610605 Listed on: 09/19/2022

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Tar and Gravel Roof

Interior Spaces

  • 1,319 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 10 Units

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 10/1/22
  • Tax Lot 15
  • Tax Tract Number 32075
  • Assessor Parcel Number 6363002035

Condo Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 20
  • Deposit Security: 3000
  • Furnished: Unfurnished

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: DOR3-P*
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 6363002035
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1319.00 Square Feet
  • Interior Amenities: Granite Counters
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.24
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Shower, Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 22208.00
  • Lot Size Acres: 0.5098

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 22208.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10
  • Rent Includes: Association Dues, Trash Collection, Water

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
Oct 13, 2019
Closed on
Aug 30, 2019
Sold by
Alvarez Lisa M and Zamora Lisa M
Bought by
Alvarez Lisa M
Seller's Agent
Marie Picarelli
24 Hour Real Estate
Buyer's Agent
Marie Picarelli
24 Hour Real Estate
Sold Price
$2,500
Current Estimated Value
$664,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,844
Original Mortgage
$249,000
Outstanding Balance
$218,525
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$445,819

Purchase Details

Closed on
Jul 30, 2019
Sold by
Alvarez Sergio
Bought by
Alvarez Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Outstanding Balance
$218,525
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$445,819

Purchase Details

Closed on
Oct 22, 1997
Sold by
Engle Donald L and The Don L Engle Living Trust
Bought by
Zamora Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
7.33%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Engle Donald L
Bought by
Engle Don L and The Don L Engle Living Trust
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
Alvarez Lisa M -- Chicago Title
Alvarez Lisa M -- Chicago Title
Zamora Lisa M $134,000 Orange Coast Title
Engle Don L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Lisa M $249,000
Closed Zamora Lisa M $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Rented $2,950 +1.7% --
09/29/2022 09/29/22 Under Contract -- -- --
09/27/2022 09/27/22 Off Market $2,900 -- --
09/19/2022 09/19/22 For Rent $2,900 +16.0% --
10/17/2019 10/17/19 Rented $2,500 0.0% --
10/13/2019 10/13/19 For Rent $2,500 +19.0% --
03/05/2014 03/05/14 Rented $2,100 -4.5% --
02/03/2014 02/03/14 Under Contract -- -- --
01/08/2014 01/08/14 For Rent $2,200 -- --
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 $2,797 $213,932 $42,774 $171,158
2024 $2,797 $209,738 $41,936 $167,802
2023 $2,706 $205,626 $41,114 $164,512
2022 $2,573 $201,595 $40,308 $161,287
2021 $2,499 $197,643 $39,518 $158,125
2020 $2,460 $195,617 $39,113 $156,504
2019 $2,433 $191,783 $38,347 $153,436
2018 $2,364 $188,024 $37,596 $150,428
2016 $2,278 $180,725 $36,137 $144,588
2015 $2,245 $178,012 $35,595 $142,417
2014 $2,127 $174,526 $34,898 $139,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22199821

California Regional Multiple Listing Service (CRMLS)

APN: 6363-002-035