NOT LISTED FOR SALE

8565 Donovan St Downey, CA 90242

Estimated Value: $972,000 - $1,167,000

4 Beds
3 Baths
1,690 Sq Ft
$624/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $775,000 $459 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,493/month

48 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Downey High School Rated A

About This Home

As of February 2019

PRICE REDUCTION !!Great Duplex in a desirable area of Downey. Two separate units on a huge lot over 11,000 Sqft. Both have been Completely Remodeled. :8565 Donovan St (Corner Lot) is a 1 Bed 1 Bath with an Extra room that can be used as a 2nd room also with long Driveway, RV Parking !! and a 1 Car Garage. :12323 Birchdale St is a 3 Bedroom 1.5 Bath, Oversize Two car garage with laundry hookups, Private Back yard, both units with New Electrical, Brand New windows, Copper Pluming, New Sprinkler System, New Exterior and Interior Paint. Much more!. This property is close to Downey Landing Shopping Center and Stonewood Mall. Also Very close to schools and freeways.
*** Please Do Not contact Any tenants,***Drive by only - Do not walk the Property *** MOTIVATED SELLER *** Send your offer subject to interior Inspection

Last Agent to Sell the Property

Eric Garcia

Century 21 Realty Masters License #01743626 Listed on: 10/31/2018

Century 21 Realty Masters

Last Buyer's Agent

Maria Mancia

Realty World Capero License #01732993

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,773

Year Built

  • Built in 1938

Lot Details

  • 0.27 Acre Lot
  • No Common Walls
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • 1,690 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 40
  • Tax Tract Number 2723
  • Assessor Parcel Number 6261012020

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $200
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,773

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Other Phone Description: 323-351-3649
  • Property Attached: No
  • Zoning: DOR1&HFB*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6261012020
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 458.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, In Kitchen, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual
  • Lot Size Sq Ft: 11627.00
  • Lot Size Acres: 0.2669

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 3700.00
  • Lot Size Area: 11627.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 3700.00

Tax Info

  • Tax Census Tract: 5512.02
  • Tax Lot: 40
  • Tax Tract Number: 2723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Feb 20, 2019
Sold by
Lasso Hernandez Jose Ramirez and Lasso Ramirez Beatriz
Bought by
Davilla Carolina Raygoza
Seller's Agent
Eric Garcia
Century 21 Realty Masters
Buyer's Agent
Maria Mancia
Realty World Capero
List Price
$789,000
Sold Price
$775,000
Premium/Discount to List
-$14,000
-1.77%
Current Estimated Value
$1,054,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,309
Avg. Annual Appreciation
4.80%
Original Mortgage
$465,000
Outstanding Balance
$409,641
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$640,373

Purchase Details

Listed on
Jun 22, 2018
Closed on
Sep 5, 2018
Sold by
Black Larry Charles and Tessier Family Trust
Bought by
Lasso Hernandez Jose Ramirez and Lasso Ramirez Beatriz
Seller's Agent
Ann Cicerone
Century 21 Home & Investment
Buyer's Agent
Ann Cicerone
Century 21 Home & Investment
List Price
$675,000
Sold Price
$570,000
Premium/Discount to List
-$105,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.76%
Original Mortgage
$412,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2003
Sold by
Goetz Donald J
Bought by
Goetz Donald J and Beyrooty Paul M

Purchase Details

Closed on
Sep 26, 1995
Sold by
Tessier George W and Tessier Clara
Bought by
Tessier George W and Tessier Clara M
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
Davilla Carolina Raygoza $775,000 Orange Coast Title Co
Lasso Hernandez Jose Ramirez $550,000 Ticor Title
Goetz Donald J -- --
Tessier George W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davilla Carolina Raygoza $465,000
Previous Owner Lasso Hernandez Jose Ramirez $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $775,000 -1.8% $459 / Sq Ft
01/08/2019 01/08/19 For Sale $789,000 0.0% $467 / Sq Ft
12/18/2018 12/18/18 Pending -- -- --
12/08/2018 12/08/18 Price Changed $789,000 -7.1% $467 / Sq Ft
11/17/2018 11/17/18 Price Changed $849,000 -5.6% $502 / Sq Ft
10/31/2018 10/31/18 For Sale $899,000 +57.7% $532 / Sq Ft
10/18/2018 10/18/18 Sold $570,000 -15.6% $337 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $675,000 -- $399 / 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 $10,773 $864,522 $557,756 $306,766
2024 $10,773 $847,571 $546,820 $300,751
2023 $10,404 $830,953 $536,099 $294,854
2022 $9,880 $814,661 $525,588 $289,073
2021 $9,661 $798,688 $515,283 $283,405
2020 $9,514 $790,500 $510,000 $280,500
2019 $6,837 $550,000 $400,000 $150,000
2018 $1,311 $81,824 $41,344 $40,480
2016 $1,247 $78,649 $39,740 $38,909
2015 $1,228 $77,469 $39,144 $38,325
2014 $1,189 $75,953 $38,378 $37,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18261892

California Regional Multiple Listing Service (CRMLS)

APN: 6261-012-020