NOT LISTED FOR SALE

8725 Melva St Downey, CA 90242

Estimated Value: $765,000 - $882,000

3 Beds
2 Baths
1,138 Sq Ft
$723/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $515,000 $453 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,887/month

36 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cul-De-Sac
  • Downey High School Rated A-
  • Formal Dining Room
  • Recessed Lighting

About This Home

As of January 2017

Completely remodeled home in the heart of Downey! This home will welcome you with it's big front yard with plenty of lush green grass, and inviting front porch. Step inside and notice the ultra modern home with wonderful upgrades including gorgeous hardwood flooring and crown molding. The tastefully remodeled kitchen boasts an elegant backsplash, upgraded countertops, and recessed lighting. It opens to the living room through a convenient breakfast bar, making entertaining a breeze. Both bathrooms have been beautifully upgraded. There is new plumbing and new electrical. The backyard is spacious and features lots of grass and plenty of fruit trees. Detached 2-car garage. Great cul-de-sac location within walking distance to Alameda Elementary School. This home is completely move-in ready... all it is missing is YOU!!!

Last Agent to Sell the Property

Beth Hale

Elisabeth Hale, Broker License #01480574 Listed on: 10/31/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 6,657 Sq Ft Lot
  • Cul-De-Sac
  • Back and Front Yard
  • Property is zoned DOR15000*

Parking

  • 2 Car Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,138 Sq Ft Home
  • Recessed Lighting
  • Formal Dining Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Alameda Elementary School
  • Sussman Middle School
  • Downey High School

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17014
  • Assessor Parcel Number 6261017023

Home Details

Home Type

Single Family

Year Built

Built in 1951 | Remodeled

Lot Details

6,657 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: DOR15000*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6261017023
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1138.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Living Room, Separated
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 452.55
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Alameda
  • High School: Downey
  • Middle Or Junior School: Sussman
  • Elementary School #2: ALAMED
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 6657.00
  • Lot Size Acres: 0.1528

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6657.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Census Tract: 5512.02
  • Tax Lot: 6
  • Tax Tract Number: 17014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 9, 2016
Sold by
Nevarez Raul
Bought by
Aleman Monica
Seller's Agent
Beth Hale
Elisabeth Hale, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$513,888
Sold Price
$515,000
Premium/Discount to List
$1,112
0.22%
Current Estimated Value
$822,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,352
Avg. Annual Appreciation
5.30%
Original Mortgage
$412,000
Outstanding Balance
$332,477
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$489,875

Purchase Details

Listed on
Sep 12, 2015
Closed on
Jan 14, 2016
Sold by
Segura Rafael and Segura Zaide K
Bought by
Nevarez Raul
Seller's Agent
Martha Neri
Berkshire Hathaway HomeService
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$310,000
Sold Price
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.42%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Klein Elizabeth and The Margaret S Noble Living Tr
Bought by
Segura Rafael and Segura Zaide K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,150
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Aleman Monica $515,000 Pacific Coast Title
Nevarez Raul $292,000 Pacific Coast Title Company
Segura Rafael $557,000 Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aleman Monica $412,000
Previous Owner Segura Rafael $529,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2017 01/20/17 Sold $515,000 +0.2% $453 / Sq Ft
01/03/2017 01/03/17 For Sale $513,888 0.0% $452 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $513,888 0.0% $452 / Sq Ft
11/30/2016 11/30/16 Pending -- -- --
11/15/2016 11/15/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $513,888 +65.8% $452 / Sq Ft
12/31/2015 12/31/15 Sold $310,000 0.0% $272 / Sq Ft View Prior Sale
09/12/2015 09/12/15 Pending -- -- --
09/12/2015 09/12/15 For Sale $310,000 -- $272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,401 $597,694 $426,047 $171,647
2024 $7,401 $585,976 $417,694 $168,282
2023 $7,147 $574,487 $409,504 $164,983
2022 $6,785 $563,224 $401,475 $161,749
2021 $6,641 $552,181 $393,603 $158,578
2019 $6,469 $535,805 $381,930 $153,875
2018 $6,305 $525,300 $374,442 $150,858
2016 $4,814 $394,000 $315,000 $79,000
2015 $4,814 $394,000 $315,000 $79,000
2014 $4,629 $394,000 $315,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16737126

California Regional Multiple Listing Service (CRMLS)

APN: 6261-017-023

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