NOT LISTED FOR SALE

8737 Lowman Ave Downey, CA 90240

Estimated Value: $1,480,000 - $2,090,000

3 Beds
2 Baths
3,637 Sq Ft
$472/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $940,000 $258 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,127/month

Highlights

  • Bonus Room with Fireplace
  • Neighborhood Views
  • 2 Car Attached Garage
  • No HOA
  • Family Room Off Kitchen
  • Living Room

About This Home

As of February 2017

Location! Location!! Lovely 2 large separate homes on 1 huge lot. The first home is available to rent. 3 beds - 2.5 baths. Formal living room, and dining room. A bonus room with built-in shelves and a fireplace. Indoor laundry room with large counter for folding clothes. Parking for 2 in the attached garage. Great Neighborhood, Nearby Schools - Price Elementary School, Griffiths Middle School, Warren High School.

Last Agent to Rent the Property

Luvia Lopez

Coldwell Banker Envision License #01837068 Listed on: 01/18/2017

Coldwell Banker Envision

Last Renter's Agent

Luvia Lopez

Coldwell Banker Envision License #01837068 Listed on: 01/18/2017

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.42 Acre Lot
  • No Common Walls
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 3,637 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Bonus Room with Fireplace
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

  • Price Elementary School
  • Griffiths Middle School
  • Warren High School

Additional Features

  • Energy-Efficient Appliances
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 1/20/17
  • Tax Lot 1
  • Tax Tract Number 212
  • Assessor Parcel Number 6364001010

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2017-01-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: DOR17500*
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 6364001010
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3637.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Fireplace Features: Bonus Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 0.82
  • Room Type: All Bedrooms Down, Bonus Room, Kitchen, Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Price
  • High School: Warren
  • Middle Or Junior School: Griffiths
  • Elementary School #2: PRICE
  • High School2: WARREN

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 18313.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Census Tract: 5506.01
  • Tax Lot: 1
  • Tax Tract Number: 212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Aug 29, 2016
Sold by
Argenian Hartman Lois and The Argenian Family Trust
Bought by
Clutterham Lars and Clutterham Kathleen D
Seller's Agent
Jeff Allensworth
Realty World Allensworth
Buyer's Agent
Cristina Picarelli
Keller Williams Pacific Estates
List Price
$1,050,000
Sold Price
$940,000
Premium/Discount to List
-$110,000
-10.48%
Current Estimated Value
$1,717,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$777,872
Avg. Annual Appreciation
6.78%
Original Mortgage
$450,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2010
Sold by
Argenian Hartman Lois and The Argenian Family Trust
Bought by
Argenian Hartman Lois and The Argenian Family Trust

Purchase Details

Closed on
Jun 29, 2010
Sold by
Argenian Hartman Lois and The Argenian Family Trust
Bought by
Argenian Hartman Lois and The Argenian Family Trust
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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Purchase History

Date Buyer Sale Price Title Company
Clutterham Lars $940,000 Chicago Title Company
Argenian Hartman Lois -- None Available
Argenian Hartman Lois -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clutterham Lars $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2017 02/05/17 Rented $3,000 -4.8% --
01/18/2017 01/18/17 For Rent $3,150 0.0% --
10/28/2016 10/28/16 Sold $940,000 -1.1% $261 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
08/17/2016 08/17/16 Price Changed $950,000 -9.5% $264 / Sq Ft
06/29/2016 06/29/16 For Sale $1,050,000 -- $292 / 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 $13,835 $1,090,944 $775,269 $315,675
2024 $13,835 $1,069,554 $760,068 $309,486
2023 $13,370 $1,048,583 $745,165 $303,418
2022 $12,709 $1,028,023 $730,554 $297,469
2021 $12,434 $1,007,867 $716,230 $291,637
2019 $12,103 $977,975 $694,987 $282,988
2018 $11,625 $958,800 $681,360 $277,440
2016 $2,798 $193,813 $53,204 $140,609
2015 $2,760 $190,902 $52,405 $138,497
2014 $2,644 $187,164 $51,379 $135,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17012986

California Regional Multiple Listing Service (CRMLS)

APN: 6364-001-010