NOT LISTED FOR SALE

8556 Orange St Downey, CA 90242

Estimated Value: $1,043,000 - $1,217,000

5 Beds
3 Baths
2,013 Sq Ft
$558/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $705,000 $350 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,712/month

18 Days on Market

Highlights

  • RV Access or Parking
  • Galley Kitchen
  • Central Heating and Cooling System
  • Downey High School Rated A-
  • Laundry Room
  • Ceiling Fan

About This Home

As of November 2017

This amazing Duplex is located on a fantastic piece of land. The front house has a great size living room and dining area, well kept kitchen with laundry room next to it. 3 bedrooms and 2 bathroom The master bedroom has its bathroom and ceiling fan. Nice patio outside the family room and back yard with Apple tree, Orange tree and Lemon tree. The back unit has a family room with dining area, 2 bedrooms and 1 bath, and it's own back yard. Long driveway and 2 car garage. Great opportunity!

Last Agent to Sell the Property

Sandra Argumedo

HomeSmart, Evergreen Realty License #01343239 Listed on: 09/16/2017

HomeSmart, Evergreen Realty

Last Buyer's Agent

Fausto Apodaca

Escala Realty Group License #01874667

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 10,835 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Uncovered Parking
  • RV Access or Parking

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 2,013 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 6261012017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: DOR1&HFB*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6261012017
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 350.22
  • Room Type: Family Room, Galley Kitchen, Laundry

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Block

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Concrete, Garage, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 10835.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1800.00

Tax Info

  • Tax Census Tract: 5512.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2017
Closed on
Oct 31, 2017
Sold by
Goldberg Fred Nathan
Bought by
Goldberg Catherine Lee
Seller's Agent
Sandra Argumedo
HomeSmart, Evergreen Realty
Buyer's Agent
Fausto Apodaca
Escala Realty Group
List Price
$700,000
Sold Price
$705,000
Premium/Discount to List
$5,000
0.71%
Current Estimated Value
$1,123,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,415
Avg. Annual Appreciation
5.89%
Original Mortgage
$525,000
Outstanding Balance
$438,640
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$684,775

Purchase Details

Listed on
Sep 16, 2017
Closed on
Oct 4, 2017
Sold by
Royce Elizabeth and The Elizabeth Royce 2015 Trust
Bought by
Trejo Reuben
Seller's Agent
Sandra Argumedo
HomeSmart, Evergreen Realty
Buyer's Agent
Fausto Apodaca
Escala Realty Group
List Price
$700,000
Sold Price
$705,000
Premium/Discount to List
$5,000
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$438,640
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$684,775

Purchase Details

Closed on
Sep 21, 2015
Sold by
Goldberg Catherine Lee
Bought by
Goldberg Catherine L and Catherine L Goldberg Trust

Purchase Details

Closed on
Jul 7, 2015
Sold by
Royce Elizabeth L
Bought by
Royce Elizabeth and Elizabeth Royce 2015 Trust

Purchase Details

Closed on
Jul 6, 2015
Sold by
Royce Ronald S
Bought by
Royce Ronald S and Royce Jennifer A

Purchase Details

Closed on
Apr 25, 2002
Sold by
Royce George Warren and Royce Marilyn Lee
Bought by
Royce George W and Royce Marilyn Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldberg Catherine Lee -- California Title Company
Trejo Reuben $705,000 California Title Company
Goldberg Catherine L -- None Available
Royce Elizabeth -- None Available
Royce Ronald S -- None Available
Royce Ronald S -- None Available
Royce George W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trejo Reuben $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2017 11/08/17 Sold $705,000 +0.7% $350 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/16/2017 09/16/17 For Sale $700,000 -- $348 / 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 $10,131 $802,166 $455,130 $347,036
2024 $10,131 $786,438 $446,206 $340,232
2023 $9,789 $771,018 $437,457 $333,561
2022 $9,301 $755,901 $428,880 $327,021
2021 $9,091 $741,080 $420,471 $320,609
2020 $8,953 $733,482 $416,160 $317,322
2019 $8,860 $719,100 $408,000 $311,100
2018 $8,568 $705,000 $400,000 $305,000
2017 $2,283 $158,350 $65,554 $92,796
2016 $2,232 $155,246 $64,269 $90,977
2015 $2,201 $152,915 $63,304 $89,611
2014 $2,104 $149,920 $62,064 $87,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17214630

California Regional Multiple Listing Service (CRMLS)

APN: 6261-012-017