NOT LISTED FOR SALE

8633 Meadow Rd Downey, CA 90242

Estimated Value: $886,000 - $1,157,000

4 Beds
2 Baths
2,158 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $429,000 $199 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,727/month

1 Day on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Laundry Room
  • Downey High School Rated A-
  • Double Pane Windows
  • Back Yard

About This Home

As of April 2013

Spacious Downey home with 4 bedrooms and 2 baths a large step-down family room and floor to ceiling fireplace. The Family kitchen includes a separate dining area. Large master suite has walk-in closet plus office/craft space and balcony. New dual pane windows, paint, roof and garage door. Hardwood floors throughout and lots of storage space. 2 car detached garage plus a long driveway. Too many amenities to list must see to appreciate. Located in a great residential neighborhood close to shopping, transportation, and walking distance to schools.

Last Agent to Sell the Property

Edgar Cortez

M C Funding Inc. License #01270740 Listed on: 03/13/2013

Last Buyer's Agent

Edgar Cortez

M C Funding Inc. License #01270740 Listed on: 03/13/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 5,912 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 2,158 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 16193
  • Assessor Parcel Number 6261013017

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6261013017
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2158.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Family Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 198.80
  • Room Type: Family Room, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5912.00
  • Lot Size Acres: 0.1360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5912.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 16193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2013
Closed on
Mar 15, 2013
Sold by
Merchey Morton
Bought by
Gutierrez Carlos and Gutierrez Iris
Seller's Agent
Edgar Cortez
M C Funding Inc.
Buyer's Agent
Edgar Cortez
M C Funding Inc.
List Price
$419,900
Sold Price
$429,000
Premium/Discount to List
$9,100
2.17%
Current Estimated Value
$985,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,348
Avg. Annual Appreciation
6.77%
Original Mortgage
$343,200
Outstanding Balance
$241,858
Interest Rate
3.51%
Mortgage Type
New Conventional
Estimated Equity
$743,490

Purchase Details

Closed on
Apr 24, 2002
Sold by
Merchey Suzanne and Higginbotham Suzanne
Bought by
Merchey Morton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.08%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Merchey Suzanne M and Higginbotham Suzanne M
Bought by
Merchey Suzanne M and The Suzanne M Merchey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.08%
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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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
Gutierrez Carlos $429,000 Fidelity National Title
Merchey Morton -- American Title Co
Merchey Suzanne M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Carlos $343,200
Previous Owner Merchey Morton $137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $429,000 +2.2% $199 / Sq Ft
03/14/2013 03/14/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $419,900 -- $195 / 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 $6,763 $528,271 $287,779 $240,492
2024 $6,763 $517,914 $282,137 $235,777
2023 $6,537 $507,759 $276,605 $231,154
2022 $6,212 $497,804 $271,182 $226,622
2021 $6,074 $488,044 $265,865 $222,179
2019 $5,919 $473,570 $257,980 $215,590
2018 $5,723 $464,285 $252,922 $211,363
2016 $5,544 $446,257 $243,101 $203,156
2015 $5,466 $439,555 $239,450 $200,105
2014 $5,159 $430,946 $234,760 $196,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13042393

California Regional Multiple Listing Service (CRMLS)

APN: 6261-013-017