NOT LISTED FOR SALE

8574 Cherokee Dr Downey, CA 90241

Estimated Value: $2,230,009 - $2,713,000

5 Beds
5.5 Baths
4,791 Sq Ft
$517/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $1,530,000 $319 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $13,879/month

436 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Great Room with Fireplace
  • Downey High School Rated A-
  • Main Floor Bedroom
  • Lawn

About This Home

As of February 2018

BRAND NEW CUSTOM BUILT MEDITERRENEAN STYLE HOME IN NORTHEAST DOWNEY!LOT SIZE 11,761 PER ASSESSORS PLAT MAP. DETAILED WOOD FRONT DOOR LEADS YOU FOYER. FORMAL DINING ROOM. GOURMET KITCHEN WITH QUARTZ COUNTERTOPS, BUTLERS PANTRY, DETAILED WOOD CABINETS, VIKING STAINLESS STEEL APPLIANCES, SPACIOUS BREAKFAST AREA.SPACIOUS GREAT ROOM WITH MAPLE WOOD BUILT IN ENTERTAIMENT CENTER, FIREPLACE. LARGE LAUNDRY ROOM WITH GRANITE COUNTERS. PRIVATE DOWNSTAIRS BEDROOM WITH BATHROOM.WIDE WOOD STAIRCASE GUIDE YOU TO 4 BEDROOMS UPSTAIRS, ALL WITH THIER OWN BATHROOM. MASTER SUITE WITH LARGE WALK IN CLOSETS WITH BUILT INS, DUAL SINKS, SPA TUB, SEPERATE SHOWER STALL. DOWNSTAIRS DEN/LIBRARY/ OFFICE. RELAX IN YOUR PRIVATE BACKYARD OFFERS YARD AND POOL/SPA! RECESSED LIGHTS, TREY CEILINGS, CROWN MOULDING, 2 AC COMPRESSORS, SURVELLEANCE CAMERAS, 3 CAR GARAGE, DETAILED WOOD WORK THROUGHOUT THE HOUSE, BRIGHT NATURAL LIGHT THROUGHOUT!

Last Agent to Sell the Property

Rina Villeda

Real Estate by Rina & Karen & License #00918226 Listed on: 09/02/2016

Co-Listed By

Joe Campuzano

Real Estate by Rina & Karen & License #01802077

Last Buyer's Agent

Young Bin Kim

Next Commercial Real Estate License #01273678

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • Lawn
  • Front Yard
  • Property is zoned DOR18500*

Parking

  • 3 Car Garage

Interior Spaces

  • 4,791 Sq Ft Home
  • Entrance Foyer
  • Great Room with Fireplace
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Utilities

  • Central Air
  • Private Water Source
  • Sewer Assessments

Additional Features

  • In Ground Pool
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot /
  • Tax Tract Number 73035
  • Assessor Parcel Number 6253017052

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR18500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6253017052
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4791.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 319.35
  • Room Type: Foyer, Great Room, Kitchen, Laundry, Main Floor Bedroom, Master Suite, Walk-In Pantry

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Sewer Assessments
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11761.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5509.02
  • Tax Lot: /
  • Tax Tract Number: 73035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Chang Abraham K and Chang Mina
Bought by
Am Chang Revocable Trust
Current Estimated Value
$2,316,446

Purchase Details

Listed on
Sep 2, 2016
Closed on
Jan 5, 2018
Sold by
Campuzano Gloria
Bought by
Chang Abraham K and Chang Mina B
Seller's Agent
Rina Villeda
Real Estate by Rina & Karen &
Buyer's Agent
Young Bin Kim
Next Commercial Real Estate
List Price
$1,699,999
Sold Price
$1,530,000
Premium/Discount to List
-$169,999
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$1,071,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Am Chang Revocable Trust -- None Listed On Document
Chang Abraham K $1,530,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Abraham K $1,071,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2018 02/15/18 Sold $1,530,000 -4.4% $319 / Sq Ft
11/29/2017 11/29/17 Price Changed $1,599,999 -5.9% $334 / Sq Ft
11/29/2017 11/29/17 For Sale $1,699,999 +11.1% $355 / Sq Ft
09/06/2017 09/06/17 Off Market $1,530,000 -- --
03/20/2017 03/20/17 Price Changed $1,699,999 -5.0% $355 / Sq Ft
10/29/2016 10/29/16 For Sale $1,789,000 -- $373 / 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 $21,195 $1,740,873 $591,440 $1,149,433
2024 $21,195 $1,706,740 $579,844 $1,126,896
2023 $20,458 $1,673,275 $568,475 $1,104,800
2022 $19,411 $1,640,467 $557,329 $1,083,138
2021 $19,032 $1,608,301 $546,401 $1,061,900
2019 $20,070 $1,560,600 $530,196 $1,030,404
2018 $16,644 $1,400,919 $413,439 $987,480
2017 $7,974 $671,451 $405,333 $266,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16734002

California Regional Multiple Listing Service (CRMLS)

APN: 6253-017-059