NOT LISTED FOR SALE

8553 5th St Downey, CA 90241

Estimated Value: $1,032,000 - $1,115,000

3 Beds
2 Baths
1,495 Sq Ft
$723/Sq Ft Est. Value

Last Sold September 01, 2017

Last sale price $594,000 $397 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $6,536/month

73 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Main Floor Bedroom
  • Downey High School Rated A
  • Wood Flooring
  • Modern Architecture

About This Home

As of September 2017

Wonderful and Charming single story home in North Downey, Light and bright Move in ready, 3 bedroom 2 full bath and formal cozy dining room
Current owner Entire Remodeled and fixed lot corner add one bed room and full bath with copper plumbing, central air condition,
and electrical system on 2004
Spacious nice kitchen with rich wood cabinet , beautiful counter top Generous sized Master suite with updated attached private bathroom
Central heating and A/C , Recessed lighting, Gorgeous wood flooring, Laundry inside, nice sized back yard for entertaining or relaxing.
Closed to city hall and library , Easy Freeway access #5, #605, #710, #105 and much more... !

Last Agent to Sell the Property

Hyo Lee

New Star Realty & Investment License #01785524 Listed on: 05/19/2017

New Star Realty & Investment

Co-Listed By

Jenny Nam

New Star Realty & Investment License #01008039

Last Buyer's Agent

Jorge Merlos

eXp Realty of California Inc License #01704119

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,349

Year Built

  • Built in 1930

Lot Details

  • 6,522 Sq Ft Lot
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • Modern Architecture
  • Composition Roof

Interior Spaces

  • 1,495 Sq Ft Home
  • French Mullion Window
  • L-Shaped Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Additional Features

  • Spa
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 8384
  • Assessor Parcel Number 6253008012

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,349

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-301-5361
  • Other Phone Number: 562-301-5361
  • Property Attached: No
  • View: No
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253008012
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1495.00 Square Feet
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 397.32
  • Room Type: Main Floor Bedroom
  • Spa Features: Bath
  • Window Features: French/Mullioned
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6522.00

Multi Family

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

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 8384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Aug 28, 2017
Sold by
The Myong Ja Chun Living Trust
Bought by
Mendez Yvonne
Seller's Agent
Hyo Lee
New Star Realty & Investment
Buyer's Agent
Jorge Merlos
eXp Realty of California Inc
List Price
$589,000
Sold Price
$594,000
Premium/Discount to List
$5,000
0.85%
Current Estimated Value
$1,080,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,197
Avg. Annual Appreciation
7.18%
Original Mortgage
$576,180
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Chun Myong Ja
Bought by
The Myong Ja Chun Living Trust

Purchase Details

Closed on
Jan 2, 2004
Sold by
Chun Myong Ja
Bought by
Chun Myong Ja

Purchase Details

Closed on
Sep 24, 2003
Sold by
Meyer Will Ann
Bought by
Chum Myongja

Purchase Details

Closed on
Dec 21, 2001
Sold by
Meyer Will Ann
Bought by
Meyer Will Ann and Meyer Melody

Purchase Details

Closed on
Oct 14, 1996
Sold by
Hammerson Pauline
Bought by
Hammerson Pauline and The Pauline Hammerson Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mendez Yvonne $594,000 None Available
The Myong Ja Chun Living Trust -- None Available
Chun Myong Ja -- --
Chum Myongja $275,000 Fidelity
Chum Myongja -- Fidelity
Meyer Will Ann -- --
Hammerson Pauline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendez Yvonne T $50,000
Open Mendez Yvonne T $560,000
Closed Mendez Yvonne $576,180
Previous Owner Chun Myong Ja $250,000
Previous Owner Chun Myong Ja $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $594,000 +0.8% $397 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $589,000 -- $394 / 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 $8,349 $675,864 $508,266 $167,598
2024 $8,349 $662,612 $498,300 $164,312
2023 $8,062 $649,621 $488,530 $161,091
2022 $7,653 $636,884 $478,951 $157,933
2021 $7,492 $624,397 $469,560 $154,837
2019 $7,298 $605,880 $455,634 $150,246
2018 $7,098 $594,000 $446,700 $147,300
2016 $4,744 $379,734 $264,225 $115,509
2015 $4,677 $374,031 $260,257 $113,774
2014 $4,417 $366,705 $255,159 $111,546
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17112100

California Regional Multiple Listing Service (CRMLS)

APN: 6253-008-012