NOT LISTED FOR SALE

8901 Serapis Ave Unit 24 Downey, CA 90240

Estimated Value: $635,000 - $776,000

2 Beds
3 Baths
1,604 Sq Ft
$432/Sq Ft Est. Value

Last Sold June 18, 2020

Last sale price $450,000 $281 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,303/month

65 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • 2 Car Attached Garage
  • Unsworth Elementary School Rated A-
  • Community Pool
  • Controlled Access

About This Home

As of June 2020

Located on the Northside of Downey in the Glenbrook gated complex. 2 story Townhome/PUD don't miss out on the opportunity to purchase this spacious 2 story towhome in a gated community centrally located near the 605 and 5 fwy. Enjoy all that Downey has to offer in this entry level Townhome featuring 2 bedrooms upstairs along with 2 full bathrooms. On the first level you will find another bonus room could be a 3rd bedroom, living room, kitchen, dining room, and 3/4 bathroom. There is a walk thru patio in between the Townhome and the garage perfect for your weekend BBQ's which leads to the 2 car garage.

Last Agent to Sell the Property

Adrian Alvarado

PAK HOME REALTY License #01717839 Listed on: 03/03/2020

PAK HOME REALTY

Co-Listed By

NELSON ALVARADO

PAK HOME REALTY License #01913347

Last Buyer's Agent

Sonia Gardiner

Coldwell Banker Envision License #01428597

Coldwell Banker Envision

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1987

Lot Details

  • 1,443 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Automatic Gate

Home Design

  • Planned Development

Interior Spaces

  • 1,604 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Converted Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 44047
  • Assessor Parcel Number 6388005031

Community Details

Overview

  • 33 Units
  • Glenbrook Association, Phone Number (562) 382-1219
  • Maintained Community

Recreation

  • Community Pool

Additional Features

  • Picnic Area
  • Controlled Access

Townhouse Details

Home Type

Townhome

Year Built

Built in 1987

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate
  • View: Yes
  • Zoning: DOR1&HFB*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6388005031
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1604.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 280.55
  • Room Type: Converted Bedroom, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Picnic Area, Maintenance Grounds, Controlled Access
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Glenbrook
  • Phone: 5623821219
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Glenbrook

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1443.00
  • Lot Size Acres: 0.0331

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1443.0000 Square Feet
  • Number Of Units In Community: 33
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5505.00
  • Tax Lot: 24
  • Tax Tract Number: 44047

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
May 8, 2020
Sold by
Nadimpalli Padmaja
Bought by
Martinez Jeremey and Zaragoza Annel Estrada
Seller's Agent
Adrian Alvarado
PAK HOME REALTY
Buyer's Agent
Sonia Gardiner
Coldwell Banker Envision
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Current Estimated Value
$693,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,099
Avg. Annual Appreciation
8.02%
Original Mortgage
$427,500
Outstanding Balance
$378,108
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$314,991

Purchase Details

Closed on
Jul 11, 2011
Sold by
Tan Zhi Niu
Bought by
Nadimpalli Padmaja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,946
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2011
Sold by
Tan Zhi Niu
Bought by
Tan Zhi Niu and Yip Yuen Sheung

Purchase Details

Closed on
Dec 3, 2010
Sold by
Cho Sung Yeun
Bought by
Tan Zhi Niu

Purchase Details

Closed on
Jul 18, 2002
Sold by
Cho Sung Yeun
Bought by
Cho Sung Yeun and Song Inkoung Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.69%

Purchase Details

Closed on
May 11, 2001
Sold by
Oh Dae Seong
Bought by
Cho Sung Yeun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.15%

Purchase Details

Closed on
Apr 18, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Oh Dae Seong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
8.15%

Purchase Details

Closed on
Jan 4, 1997
Sold by
Cantrell Clinton T and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Martinez Jeremey $450,000 Orange Coast Title Co
Nadimpalli Padmaja $258,500 Lawyers Title
Tan Zhi Niu -- None Available
Tan Zhi Niu -- None Available
Cho Sung Yeun -- Chicago Title
Cho Sung Yeun $190,000 North American Title Co
Cho Sung Yeun -- North American Title Co
Oh Dae Seong $133,000 First American Title Co
Federal Home Loan Mortgage Corporation $135,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jeremey $427,500
Previous Owner Nadimpalli Padmaja $251,946
Previous Owner Cho Sung Yeun $157,000
Previous Owner Cho Sung Yeun $152,000
Previous Owner Oh Dae Seong $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2020 06/18/20 Sold $450,000 -1.3% $281 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/29/2020 04/29/20 Price Changed $455,900 -0.9% $284 / Sq Ft
03/03/2020 03/03/20 For Sale $459,900 -- $287 / 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 $6,170 $492,136 $282,596 $209,540
2024 $6,170 $482,487 $277,055 $205,432
2023 $5,959 $473,027 $271,623 $201,404
2022 $5,658 $463,753 $266,298 $197,455
2021 $5,531 $454,661 $261,077 $193,584
2020 $3,622 $296,307 $107,036 $189,271
2019 $3,583 $290,498 $104,938 $185,560
2018 $3,493 $284,803 $102,881 $181,922
2017 $3,432 $279,219 $100,864 $178,355
2016 $3,375 $273,745 $98,887 $174,858
2015 $3,327 $269,634 $97,402 $172,232
2014 $3,144 $264,354 $95,495 $168,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20047230

California Regional Multiple Listing Service (CRMLS)

APN: 6388-005-031