NOT LISTED FOR SALE

8714 Melva St Downey, CA 90242

Estimated Value: $829,000 - $1,002,265

3 Beds
2 Baths
1,179 Sq Ft
$771/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $425,000 $360 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,576/month

Highlights

  • In Ground Pool
  • No HOA
  • Laundry Room
  • Downey High School Rated A-
  • Den
  • 1-Story Property

About This Home

As of September 2017

This centrally located Downey pool home awaits your personal touch. Featuring 3 bedrooms, 2 bathrooms and a permitted living quarters in rear this home has all the potential to be a perfect new home for you. **Property was sold prior to publishing**

Last Agent to Sell the Property

Jimmy Alexander

Jimmy Alexander, Broker License #01876523 Listed on: 09/13/2017

Jimmy Alexander, Broker

Last Buyer's Agent

Jimmy Alexander

Jimmy Alexander, Broker License #01876523 Listed on: 09/13/2017

Jimmy Alexander, Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 9,294 Sq Ft Lot
  • Property is zoned DOR15000*

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Den
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 17014
  • Assessor Parcel Number 6261017031

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR15000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6261017031
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Living Area: 1179.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 360.47
  • Room Type: Den, Entry

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9294.00

Multi Family

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

Tax Info

  • Tax Census Tract: 5512.02
  • Tax Lot: 14
  • Tax Tract Number: 17014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2018
Sold by
Benyamein Nashat and Benyamein Nahed
Bought by
Leflore John Solomon and Aguilar Ruth Vanessa
Current Estimated Value
$908,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$405,912
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$502,904

Purchase Details

Listed on
Sep 13, 2017
Closed on
Sep 13, 2017
Sold by
Jacobson Diane M
Bought by
Benyamein Nashat and Benyamein Nahed
Seller's Agent
Jimmy Alexander
Jimmy Alexander, Broker
Buyer's Agent
Jimmy Alexander
Jimmy Alexander, Broker
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Dec 28, 2007
Sold by
Jacobson Diane M
Bought by
Jacobson Gary and Jacobson Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 2007
Sold by
Jacobson Diane M and The Larsen Family Living Trust
Bought by
Jacobson Gary and Jacobson Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back
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
Leflore John Solomon $590,000 Chicago Title Company
Benyamein Nashat $425,000 None Available
Jacobson Gary -- Lawyers Title
Jacobson Diane M -- Lawyers Title
Jacobson Gary $272,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leflore John Solomon $472,000
Previous Owner Jacobson Gary $181,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2017 09/20/17 Sold $425,000 0.0% $360 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $425,000 -- $360 / 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 $9,948 $798,545 $493,588 $304,957
2024 $9,948 $782,888 $483,910 $298,978
2023 $9,608 $767,538 $474,422 $293,116
2022 $9,125 $662,689 $465,120 $197,569
2021 $7,935 $649,696 $456,000 $193,696
2019 $7,341 $601,800 $442,476 $159,324
2018 $6,357 $523,000 $300,000 $223,000
2016 $4,769 $381,986 $244,103 $137,883
2015 $4,702 $376,249 $240,437 $135,812
2014 $4,442 $368,880 $235,728 $133,152
Source: Public Records

Agents Affiliated with this Home

  • Jimmy Alexander

    Seller's Agent in 2017

    Jimmy Alexander

    Jimmy Alexander, Broker

    (951) 537-6904

    21 Total Sales

    Jimmy Alexander
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17212299

California Regional Multiple Listing Service (CRMLS)

APN: 6261-017-031

California Los Angeles County Downey 90242

8714 Melva St, Downey, CA

Not Listed for Sale

Detached

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