NOT LISTED FOR SALE

8732 Cherokee Dr Downey, CA 90241

Estimated Value: $850,617 - $1,180,000

2 Beds
2 Baths
750 Sq Ft
$1,273/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $740,000 $987 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,778/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Downey High School Rated A-
  • Central Air

About This Home

As of February 2024

Beautiful and brand new (ADU)! This detached back property is ready to be your HOME. House has 2 bedrooms 2 baths, new kitchen, new floors, new paint, new appliances, etc. Not to mention the house is in the beautiful town of DOWNEY!!!

Last Agent to Rent the Property

Julio Gomez

Home Central Realty License #01461327 Listed on: 01/21/2024

Last Renter's Agent

Miguel Vazquez

Home Central Realty License #01717478

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,816 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned DOR15000*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,900
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 1/31/24
  • Tax Lot 3
  • Tax Tract Number 15419
  • Assessor Parcel Number 6253019003

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2024-01-31
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2900
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: No
  • Zoning: DOR15000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 6253019003
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 750.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.87
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6816.00
  • Lot Size Acres: 0.1565

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6816.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 5509.02
  • Tax Lot: 3
  • Tax Tract Number: 15419

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Aceves Hugo
Bought by
Aceves Hugo
Current Estimated Value
$954,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$261,337
Interest Rate
6.91%
Mortgage Type
Balloon
Estimated Equity
$693,317

Purchase Details

Listed on
Jan 21, 2024
Closed on
Feb 10, 2024
Sold by
Martinez Manuel Carrillo
Bought by
Aceves Hugo
Seller's Agent
Julio Gomez
Home Central Realty
Buyer's Agent
Miguel Vazquez
Home Central Realty
Sold Price
$2,900
Views
173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 1, 2022
Sold by
Opendoor Property C Llc
Bought by
Aceves Hugo
Seller's Agent
Jacqueline Moore
Opendoor Brokerage Inc.
Buyer's Agent
Hugo Aceves Lara
Home Central Realty
List Price
$760,000
Sold Price
$740,000
Premium/Discount to List
-$20,000
-2.63%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Aug 18, 2022
Sold by
Mungaray Gustavo and Mungaray Claudia
Bought by
Opendoor Property C Llc

Purchase Details

Listed on
Aug 2, 2016
Closed on
Aug 10, 2016
Sold by
Magana Maria Irene Enciso
Bought by
Mungaray Gustavo and Mungaray Claudia
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$446,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2016
Closed on
Jun 6, 2016
Sold by
Hernandez Alvaro Recinos
Bought by
Magana Maria Irene Enciso
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Maria Palacios
Coldwell Banker Envision
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
3.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 19, 2016
Sold by
The Gholdoian Gardea Trust
Bought by
Magana Maria Irene Enciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
3.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 14, 2012
Sold by
Gholdoian George S and The George Gholdoian Trust
Bought by
Gholdoian George S and Gardea Sylvia M

Purchase Details

Closed on
Jul 31, 2008
Sold by
Polystream Exchage Co Llc
Bought by
Gholdian George and The George Gholdian Trust

Purchase Details

Closed on
Jun 12, 2008
Sold by
Gholdoian George and The George Gholdoian Trust
Bought by
Polystream Exchange Co Llc
Source: Public Records

Range of Values:

--
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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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
Aceves Hugo -- Stewart Title Guaranty Company
Aceves Hugo -- Stewart Title Guaranty Company
Aceves Hugo $740,000 Chicago Title Company
Opendoor Property C Llc $756,500 Chicago Title
Mungaray Gustavo $480,000 Orange Coast Title Company
Magana Maria Irene Enciso -- Orange Coast Title Co Socal
Magana Maria Irene Enciso $345,000 Orange Coast Title Co Socal
Gholdoian George S -- None Available
Gholdian George -- None Available
Polystream Exchange Co Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aceves Hugo $265,000
Previous Owner Aceves Hugo $150,000
Previous Owner Mungaray Gustavo $446,500
Previous Owner Magana Maria Irene Enciso $31,000
Previous Owner Magana Maria Irene Enciso $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2024 02/03/24 Rented $2,900 0.0% --
01/21/2024 01/21/24 For Rent $2,900 0.0% --
12/02/2022 12/02/22 Sold $740,000 -2.6% $797 / Sq Ft View Prior Sale
10/25/2022 10/25/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $760,000 +58.3% $818 / Sq Ft
09/22/2016 09/22/16 Sold $480,000 +3.2% $517 / Sq Ft View Prior Sale
08/13/2016 08/13/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $465,000 +34.8% $501 / Sq Ft
06/29/2016 06/29/16 Sold $345,000 -1.4% $371 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $350,000 -- $377 / 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 $9,491 $769,895 $615,916 $153,979
2024 $9,491 $754,800 $603,840 $150,960
2023 $9,208 $740,000 $592,000 $148,000
2022 $6,459 $524,946 $419,958 $104,988
2021 $6,325 $514,654 $411,724 $102,930
2019 $6,164 $499,391 $399,513 $99,878
2018 $5,947 $489,600 $391,680 $97,920
2016 $4,291 $342,909 $269,464 $73,445
2015 $4,230 $337,759 $265,417 $72,342
2014 $3,996 $331,143 $260,218 $70,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24012831

California Regional Multiple Listing Service (CRMLS)

APN: 6253-019-003