Seller's Agent in 2019
Holly Kovich
Holly Kovich and Associates
(562) 438-3100
65 Total Sales
8552 Luxor St Downey, CA 90241
Estimated Value: $873,470 - $1,033,000
3
Beds
2
Baths
1,275
Sq Ft
$744/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Lawn
- Double Pane Windows
- Downey High School Rated A-
- Neighborhood Views
- Laundry Room
About This Home
As of July 2019Traditional Downey duplex. The front unit, 8552 Luxor, is a spacious one-bedroom, one-bathroom unit with coved ceilings, galley kitchen with quaint dining area in kitchen. The rear unit, 8554 Luxor, is a spacious two-bedroom one-bathroom unit with coved ceilings, spacious bedrooms, galley kitchen with quaint dining area and a side yard patio with direct access to the back yard. The property has a shared 2 car detached garage with two washer and dryer hook ups for tenants use. Newer dual pane vinyl windows were installed throughout the property. There are two separate water heaters. Owner pays water, trash and lawn care.
Last Agent to Sell the Property
Holly Kovich and Associates License #01350418 Listed on: 05/03/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1951
Lot Details
- 8,016 Sq Ft Lot
- 1 Common Wall
- Northwest Facing Home
- Block Wall Fence
- Needs Fence Repair
- Lawn
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Two Garage Doors
- Off-Street Parking
- RV Potential
Home Design
- Duplex
- Traditional Architecture
- Cosmetic Repairs Needed
- Raised Foundation
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 1,275 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Neighborhood Views
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 8
- Tax Tract Number 5513
- Assessor Parcel Number 6255025051
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Gardener Expense $960
- Insurance Expense $800
- Maintenance Expense $1,818
- Pest Control $180
- Professional Management Expense $2,009
- Trash Expense $564
- Water Sewer Expense $780
- New Taxes Expense $8,625
- Operating Expense $15,735
- Net Operating Income $26,491
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2019
Closed on
Jun 10, 2019
Sold by
Luxe Properties Llc
Bought by
Ventura Jeffrey
Seller's Agent
Holly Kovich
Holly Kovich and Associates
Buyer's Agent
Johanna Alvarez
Team Investors Realty
List Price
$690,000
Sold Price
$640,000
Premium/Discount to List
-$50,000
-7.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,368
Avg. Annual Appreciation
6.22%
Original Mortgage
$628,408
Outstanding Balance
$547,043
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$401,325
Purchase Details
Closed on
Nov 16, 2011
Sold by
Woolever Darrick D and Woolever Margaret S
Bought by
Luxe Properties Llc
Purchase Details
Closed on
May 26, 2011
Sold by
Woolever Darrick D and Woolever Margaret S
Bought by
Woolever Darrick D and Woolever Margaret S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
4.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2011
Sold by
Guastella Gregory and Woolever Margaret
Bought by
Woolever Darrick D and Woolever Margaret S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
4.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2006
Sold by
Woolever Darrick and Woolever Margaret
Bought by
Woolever Darrick D
Purchase Details
Closed on
Jun 26, 2003
Sold by
Guastella Lucy
Bought by
Guastella Lucy and The Lucy Guastella Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 6, 2003
Sold by
Black Joseph Layne and Black Karen Dunn
Bought by
Guastella Lucy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ventura Jeffrey | $640,000 | Fidelity National Title | |
| Luxe Properties Llc | -- | None Available | |
| Woolever Darrick D | -- | North American Title Company | |
| Woolever Darrick D | -- | North American Title Company | |
| Woolever Darrick D | -- | None Available | |
| Guastella Lucy | -- | -- | |
| Guastella Lucy | $235,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ventura Jeffrey | $628,408 | |
| Previous Owner | Woolever Darrick D | $248,500 | |
| Previous Owner | Guastella Lucy | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/05/2019 07/05/19 | Sold | $640,000 | -3.0% | $502 / Sq Ft |
| 05/30/2019 05/30/19 | Pending | -- | -- | -- |
| 05/13/2019 05/13/19 | Price Changed | $660,000 | -4.3% | $518 / Sq Ft |
| 05/03/2019 05/03/19 | For Sale | $690,000 | -- | $541 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,826 | $699,929 | $503,075 | $196,854 |
| 2024 | $8,826 | $686,206 | $493,211 | $192,995 |
| 2023 | $8,527 | $672,752 | $483,541 | $189,211 |
| 2022 | $8,100 | $659,561 | $474,060 | $185,501 |
| 2021 | $7,915 | $646,629 | $464,765 | $181,864 |
| 2019 | $4,022 | $305,096 | $122,035 | $183,061 |
| 2018 | $3,849 | $299,115 | $119,643 | $179,472 |
| 2016 | $3,730 | $287,502 | $114,999 | $172,503 |
| 2015 | $3,677 | $283,184 | $113,272 | $169,912 |
| 2014 | $3,486 | $277,638 | $111,054 | $166,584 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Kovich
-
Johanna Alvarez
J
Buyer's Agent in 2019
Johanna Alvarez
Team Investors Realty
(562) 334-7181
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19102369
APN: 6255-025-051
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