NOT LISTED FOR SALE

8548 6th St Downey, CA 90241

Estimated Value: $1,153,000 - $1,255,367

5 Beds
2 Baths
1,958 Sq Ft
$616/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $638,000 $326 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,377/month

10 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Central Heating and Cooling System
  • Downey High School Rated A
  • Covered Patio or Porch

About This Home

As of September 2016

Unique Cape Cod style home right in the heart of Downey features a huge living room with fireplace, den, dining room, pool, double garage with a bonus room above the garage and a huge lot with several fruit trees and one bearing very tasty avocados. Some updating has been done but it's perfect for those who would prefer to add their personal touch. Tax records show 5 bedrooms but there are only 3 with a possibility of a fourth. Difficult to describe so you've just got to see it.

Last Agent to Sell the Property

Joann Castro

The Realestate Group License #00418264 Listed on: 07/18/2016

Last Buyer's Agent

Hyo Lee

New Star Realty & Investment License #01785524

New Star Realty & Investment

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,300

Year Built

  • Built in 1928

Lot Details

  • 0.26

Parking

  • 2 Car Garage

Interior Spaces

  • 1,958 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Covered Patio or Porch

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 6368
  • Assessor Parcel Number 6253008029

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,300

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253008029
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1958.00
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 325.84

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Porch
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11493.00
  • Price Per Lot Square Foot: 52.03

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 6368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2016
Closed on
Aug 4, 2016
Sold by
Sherman Joseph Christian
Bought by
Cleary Scott and Cleary Stephanie
Seller's Agent
Joann Castro
The Realestate Group
Buyer's Agent
Hyo Lee
New Star Realty & Investment
List Price
$598,000
Sold Price
$638,000
Premium/Discount to List
$40,000
6.69%
Current Estimated Value
$1,205,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,842
Avg. Annual Appreciation
6.96%
Original Mortgage
$319,000
Interest Rate
3.43%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 2015
Sold by
Montoya Reuben C
Bought by
Sherman Joseph Christian

Purchase Details

Closed on
Jun 3, 2013
Sold by
Montoya Reuben C
Bought by
Montoya Reuben C and Sherman Joseph Christian

Purchase Details

Closed on
Dec 3, 2002
Sold by
Montoya Reuben C
Bought by
The Reuben C Montoya Revocable Trust

Purchase Details

Closed on
Nov 12, 1993
Sold by
Montoya Reuben C
Bought by
Montoya Reuben C and Montoya Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.85%
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
Cleary Scott $638,000 Corinthian Title Company
Sherman Joseph Christian -- None Available
Montoya Reuben C -- Orange Coast Title Company
The Reuben C Montoya Revocable Trust -- --
Montoya Reuben C -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cleary Scott $319,000
Previous Owner Montoya Reuben C $60,000
Previous Owner Montoya Reuben C $40,000
Previous Owner Montoya Reuben C $86,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $638,000 0.0% $326 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/26/2016 07/26/16 Off Market $638,000 -- --
07/18/2016 07/18/16 For Sale $598,000 -- $305 / 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 $9,300 $740,446 $543,731 $196,715
2024 $9,300 $725,928 $533,070 $192,858
2023 $8,985 $711,695 $522,618 $189,077
2022 $8,534 $697,741 $512,371 $185,370
2021 $8,358 $684,061 $502,325 $181,736
2019 $8,146 $663,774 $487,427 $176,347
2018 $7,881 $650,760 $477,870 $172,890
2016 $1,581 $111,630 $61,094 $50,536
2015 $1,558 $109,954 $60,177 $49,777
2014 $1,492 $107,801 $58,999 $48,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16156865

California Regional Multiple Listing Service (CRMLS)

APN: 6253-008-029