NOT LISTED FOR SALE

8607 Gallatin Rd Downey, CA 90240

Estimated Value: $806,839 - $943,000

4 Beds
3.5 Baths
2,038 Sq Ft
$426/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $478,244 $235 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,592/month

7 Days on Market

Highlights

  • Newly Remodeled
  • Private Pool
  • Primary Bedroom Suite
  • Warren High School Rated A-
  • Solar Power System
  • 4-minute walk to Dennis the Menace Park

About This Home

As of March 2014

Introducing the only new residential community in Downey. This gated enclave consists of only 46 three-story solar powered townhomes offering three unique and open floor plans providing convenient solutions for your family’s everyday life. Enjoy the beautiful, private community pool and BBQ area or invite friends over to enjoy your outdoor living spaces which are perfect for entertaining. Each home in the Downey Collection is solar and energy efficient. Beautiful, stylish and affordable, these are the most energy efficient townhomes on the market without the premium.

This Residence Two home has 4 bedrooms and 3.5 bathrooms including a full bedroom and bathroom on the first floor. The kitchen is spacious with a large kitchen island, stainless steal appliances and open to the family room. There is a large living room with a formal dining area.

Last Agent to Sell the Property

Nichole Knight

City Ventures Construction, Inc. License #01424618 Listed on: 01/23/2014

Last Buyer's Agent

Jennifer Lee

RE/MAX 2000 REALTY License #01863579

RE/MAX 2000 REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,905

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 1.26

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Common Roof
  • Wood Siding

Interior Spaces

  • 2,038 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • ENERGY STAR Qualified Windows
  • Window Screens
  • Sliding Doors
  • ENERGY STAR Qualified Doors
  • Family Room
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

Eco-Friendly Details

  • Green Roof
  • ENERGY STAR Qualified Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat
  • Solar Power System
  • Reclaimed Water Irrigation System
  • Water-Smart Landscaping

Outdoor Features

  • Private Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • High-Efficiency Water Heater

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 71957

Community Details

Overview

  • 46 Units
  • Downey Collection Association, Phone Number (949) 842-9807
  • Built by City Ventures
  • Residence Two

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,905

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$295 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Granite counterstops in kitchen, stainless steel appliances
  • Other Phone Description: Nichole Cell
  • Other Phone Number: 949-842-9807
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Fire and Smoke Detection System, Gated Community
  • Subdivision Name Other: Downey Collection
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2038.00
  • Interior Amenities: Granite Counters, High Ceilings
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: ENERGY STAR Qualified Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Three Or More
  • Price Per Square Foot: 234.66
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: ENERGY STAR Qualified Windows, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: No
  • Builder Name: City Ventures
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, In Closet, Stackable, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Dues Paid Monthly, Pool
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: Downey Collection
  • Phone: 949-842-9807
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Downey Unified

Green Features

  • Green Water Conservation: Flow Control, Water-Smart Landscaping, Reclamation
  • Efficiency: Appliances, Construction, Doors, Lighting, HVAC, Insulation, Roof, Thermostat, Windows, Water Heater
  • Green Power: Solar

Lot Info

  • Lot Features: Planned Unit Development

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 46
  • Number Of Units Total: 46

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 71957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Yokota Brett
Bought by
Yokota Michelle
Current Estimated Value
$851,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 23, 2014
Closed on
Feb 11, 2014
Sold by
City Ventures Homebuilding Llc
Bought by
Yokota Brett and Yokota Michelle
Seller's Agent
Nichole Knight
City Ventures Construction, Inc.
Buyer's Agent
Jennifer Lee
RE/MAX 2000 REALTY
List Price
$499,990
Sold Price
$478,244
Premium/Discount to List
-$21,746
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$382,500
Interest Rate
4.25%
Mortgage Type
New Conventional
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
Yokota Michelle -- Lawyers Title
Yokota Brett $478,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yokota Michelle $406,000
Closed Yokota Michelle $65,000
Closed Yokota Brett $369,000
Closed Yokota Brett $376,000
Closed Yokota Brett $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $478,244 -4.3% $235 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $499,990 -- $245 / 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 $7,905 $626,093 $161,643 $464,450
2024 $7,905 $613,818 $158,474 $455,344
2023 $7,637 $601,783 $155,367 $446,416
2022 $7,255 $589,984 $152,321 $437,663
2021 $7,100 $578,417 $149,335 $429,082
2019 $6,908 $561,262 $144,906 $416,356
2018 $6,304 $515,518 $134,131 $381,387
2016 $6,074 $495,501 $128,923 $366,578
2015 $5,948 $488,059 $126,987 $361,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14015734

California Regional Multiple Listing Service (CRMLS)

APN: 6363-001-059