NOT LISTED FOR SALE

8831 Lowman Ave Downey, CA 90240

Estimated Value: $945,831 - $1,033,000

3 Beds
2 Baths
1,632 Sq Ft
$600/Sq Ft Est. Value

Last Sold September 04, 2012

Last sale price $425,000 $260 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,690/month

10 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Double Pane Windows
  • Wood Flooring
  • Fireplace
  • Central Heating and Cooling System

About This Home

As of September 2012

Beautiful traditional home with lots of pride of ownership showing throughout. 3rd bedroom being used as an office. Super large Den in rear offers the possibility to be used as a large Master bedroom as its being used now, with 2 new slider doors. All new dual pane windows, 3 new slider doors all together. Copper plumbing, remodeled full bathroom with jacuzzi tub and hot Heat pump. Beautiful hardwood floors, Central air and new furnace. Wood burning fireplace in the formal living area. Large backyard with brick walls and sprinkler system. A unique loft area for additional storage in 2 car garage and an ample driveway for possible 4 cars+. Newley painted exterior. Kitchen with separate eating area, newer cabinets, dishwasher and microwave. Truely a great home in one of Downey's finest communities.

Last Agent to Sell the Property

Josie Andrade

First Team Real Estate License #01275662 Listed on: 07/16/2012

First Team Real Estate

Last Buyer's Agent

Jose Garcia-Yanez

Akiremanon Inc. License #01381220

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,560 Sq Ft Lot
  • Lot Dimensions are 72x104
  • Block Wall Fence
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Interior Block Wall
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • Fireplace
  • Double Pane Windows
  • Wood Flooring
  • Termite Clearance

Kitchen

  • Gas Oven or Range
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Mirrored Closets Doors

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 15852
  • Assessor Parcel Number 6364001007

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Custom
  • View: No
  • Zoning: R1
  • Architectural Style: Traditional
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6364001007
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1632.00
  • Interior Amenities: Block Walls, Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Levels: One
  • Price Per Square Foot: 260.42
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Microwave, Range
  • Heating Type: Central, Natural Gas
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Level, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 72x104
  • Lot Size Sq Ft: 7560.00
  • Lot Size Acres: 0.1740

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7560.0000 Square Feet

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 15852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Jul 26, 2012
Sold by
Hoferer Patrick F and Hoferer Karen J
Bought by
Espejo Cesar and Espejo Norma A
Seller's Agent
Josie Andrade
First Team Real Estate
Buyer's Agent
Jose Garcia-Yanez
Akiremanon Inc.
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$979,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,958
Avg. Annual Appreciation
6.47%
Original Mortgage
$416,991
Outstanding Balance
$283,105
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$696,853

Purchase Details

Closed on
May 15, 2006
Sold by
Hoferer Karen J
Bought by
Hoferer Patrick F
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
Espejo Cesar $425,000 Orange Coast Title
Hoferer Patrick F -- None Available
Hoferer Karen J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espejo Cesar $416,991
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2012 09/04/12 Sold $425,000 0.0% $260 / Sq Ft
07/26/2012 07/26/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $425,000 -- $260 / 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 $6,850 $536,809 $291,718 $245,091
2024 $6,850 $526,285 $285,999 $240,286
2023 $6,620 $515,967 $280,392 $235,575
2022 $6,291 $505,851 $274,895 $230,956
2021 $6,154 $495,933 $269,505 $226,428
2019 $5,993 $469,154 $261,512 $207,642
2018 $5,651 $459,956 $256,385 $203,571
2016 $5,481 $442,097 $246,430 $195,667
2015 $5,404 $435,457 $242,729 $192,728
2014 $5,101 $426,928 $237,975 $188,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P828714

California Regional Multiple Listing Service (CRMLS)

APN: 6364-001-007