NOT LISTED FOR SALE

8560 Cherokee Dr Downey, CA 90241

Estimated Value: $1,644,771 - $1,733,000

4 Beds
3.5 Baths
3,166 Sq Ft
$530/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $850,000 $268 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $9,768/month

36 Days on Market

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Formal Entry
  • Downey High School Rated A-
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2014

LOCATION LOCATION LOCATION on this Cherokee Estates Tudor Style custom built home. Generous room sizes, great layout, make this a great find for the right buyer seeking a prime location in North Downey.

Last Agent to Sell the Property

Ken Jervis

Century 21 Jervis & Associates License #00834276 Listed on: 08/11/2014

Last Buyer's Agent

Carlos Villacres

Excellente Realty License #01208236

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 10,206 Sq Ft Lot
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 3,166 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Urban Location
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 32570
  • Assessor Parcel Number 6253017048

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253017048
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3166.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 268.48
  • Room Type: Formal Entry, Living Room, Separate Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 10206.00
  • Lot Size Acres: 0.2340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10206.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 32570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2014
Closed on
Aug 29, 2014
Sold by
Monkarsh Brian M and The Ralph M Monkarsh Trust
Bought by
Rivas Marina E and The Marina E Rivas Trust
Seller's Agent
Ken Jervis
Century 21 Jervis & Associates
Buyer's Agent
Carlos Villacres
Excellente Realty
List Price
$899,500
Sold Price
$850,000
Premium/Discount to List
-$49,500
-5.5%
Current Estimated Value
$1,677,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$827,693
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Feb 5, 1999
Sold by
Monkarsh Ralph M
Bought by
Monkarsh Ralph M and Monkarsh Trust
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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Purchase History

Date Buyer Sale Price Title Company
Rivas Marina E $850,000 Fidelity National Title
Monkarsh Ralph M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $850,000 -5.5% $268 / Sq Ft
08/11/2014 08/11/14 For Sale $899,500 -- $284 / 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 $12,673 $1,021,561 $460,062 $561,499
2024 $12,673 $1,001,532 $451,042 $550,490
2023 $12,239 $981,896 $442,199 $539,697
2022 $11,620 $962,644 $433,529 $529,115
2021 $11,383 $943,770 $425,029 $518,741
2019 $11,092 $915,778 $412,423 $503,355
2018 $10,783 $897,823 $404,337 $493,486
2016 $10,462 $862,961 $388,637 $474,324
2015 $10,317 $850,000 $382,800 $467,200
2014 $9,310 $803,674 $362,036 $441,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14171106

California Regional Multiple Listing Service (CRMLS)

APN: 6253-017-048