NOT LISTED FOR SALE

9227 Florence Ave Unit 1 Downey, CA 90240

Estimated Value: $622,525 - $696,000

2 Beds
3 Baths
1,467 Sq Ft
1.66 Acres

Last Sold April 12, 2018

Last sale price $415,000 $283 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,896/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • Breakfast Area or Nook
  • Downey High School Rated A
  • Community Pool
  • Bathtub

About This Home

As of April 2019

Located in a prime area of North East Downey, this beautifully remodeled 2 story unit is available for lease! The unit has 2 bedrooms and 2.5 bathrooms with 1,467 sq. ft. of living space. Offering a large open floor plan, remodeled kitchen with granite counter tops, wood cabinets, recessed lighting & more! Huge living room with marble fireplace. Wood laminate flooring throughout with a solid wood staircase leading into the bedrooms located on the second floor. Bonus features include: convenient indoor laundry hookups, water & trash included and 2 designated parking spaces. Conveniently located next to schools, freeways, and shopping centers!

Last Agent to Rent the Property

Rosie Chung

Redpoint Realty License #01440480 Listed on: 04/16/2019

Last Renter's Agent

Rosie Chung

Redpoint Realty License #01440480 Listed on: 04/16/2019

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • No Landscaping

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,467 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,300
  • Rent includes association dues, gardener, pool, trash collection
  • 12-Month Minimum Lease Term
  • Available 4/29/19
  • Tax Lot 14
  • Tax Tract Number 3476
  • Assessor Parcel Number 6390014046

Community Details

Overview

  • Property has a Home Owners Association
  • $50 HOA Transfer Fee
  • 35 Units

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,932

Year Built

Built in 1979

Lot Details

0

Rental Info

  • Cashiers Check: Credit Report
  • Available Date: 2019-04-29
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 2300
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 50.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: DOR110000*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 6390014046
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1467.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.57
  • Room Type: All Bedrooms Up, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Downey Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 72515.00
  • Lot Size Acres: 1.6647

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 72515.0000 Square Feet
  • Number Of Units In Community: 35
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection

Tax Info

  • Tax Census Tract: 5505.00
  • Tax Lot: 14
  • Tax Tract Number: 3476

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
Park John Hong and Park John Hong
Bought by
Park John H and Park Shang Ah
Current Estimated Value
$646,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Outstanding Balance
$289,612
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$357,269

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 9, 2018
Sold by
Rivera Michael A
Bought by
Park John Hong Taek
Seller's Agent
Peter Rua
HomeSmart Realty Group
Buyer's Agent
Rosie Chung
Redpoint Realty
List Price
$415,900
Sold Price
$415,000
Premium/Discount to List
-$900
-0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$332,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2013
Sold by
Nunez Blanca Estela
Bought by
Rivera Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,640
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 1996
Sold by
Twitty Charles F and Twitty Angeline E
Bought by
Nunez Blanca Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,250
Interest Rate
6.35%
Source: Public Records

Range of Values:

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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
Park John H -- Chicago Title Company
Park John Hong Taek $415,000 Pacific Coast Title Company
Rivera Michael A $223,500 Pacific Coast Title Company
Nunez Blanca Estela $122,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park John H $326,000
Closed Park John Hong Taek $332,000
Previous Owner Rivera Michael A $178,640
Previous Owner Nunez Blanca Estela $89,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2019 04/27/19 Rented $2,300 0.0% --
04/22/2019 04/22/19 Off Market $2,300 -- --
04/16/2019 04/16/19 For Rent $2,300 0.0% --
04/12/2018 04/12/18 Sold $415,000 -0.2% $283 / Sq Ft View Prior Sale
02/28/2018 02/28/18 For Sale $415,900 +86.3% $284 / Sq Ft
10/16/2013 10/16/13 Sold $223,300 0.0% $152 / Sq Ft View Prior Sale
07/30/2013 07/30/13 Pending -- -- --
07/30/2013 07/30/13 Price Changed $223,300 +11.7% $152 / Sq Ft
07/29/2013 07/29/13 For Sale $199,999 -10.4% $136 / Sq Ft
07/13/2013 07/13/13 Off Market $223,300 -- --
05/29/2013 05/29/13 For Sale $199,999 -- $136 / 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 $5,932 $472,192 $234,503 $237,689
2024 $5,932 $462,934 $229,905 $233,029
2023 $5,730 $453,858 $225,398 $228,460
2022 $5,440 $444,960 $220,979 $223,981
2021 $5,318 $436,237 $216,647 $219,590
2019 $5,181 $423,300 $210,222 $213,078
2018 $2,980 $240,573 $52,466 $188,107
2016 $2,877 $231,233 $50,430 $180,803
2015 $2,835 $227,761 $49,673 $178,088
2014 $2,698 $223,300 $48,700 $174,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19086915

California Regional Multiple Listing Service (CRMLS)

APN: 6390-014-046