NOT LISTED FOR SALE

9227 Florence Ave Unit 13 Downey, CA 90240

Estimated Value: $566,000 - $657,000

2 Beds
3 Baths
1,409 Sq Ft
$260/mo HOA Fee

Last Sold June 14, 2022

Last sale price $555,000 $394 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,101/month

8 Days on Market

Highlights

  • Clubhouse
  • Neighborhood Views
  • Home Office
  • Downey High School Rated A-
  • Community Pool
  • Laundry Room

About This Home

As of June 2022

Clean, upgraded 2 bedroom, 2 1/2 bath end unit condo in Northeast Downey with its own private patio and balcony that overlooks the pool and spa. Includes 2 parking spots in the subterranean parking lot and a large storage room.

Last Agent to Sell the Property

Michael Berdelis

24 Hour Real Estate License #01234589 Listed on: 05/04/2022

Last Buyer's Agent

Tony Moore

Century 21 Cornerstone License #01971621

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 1.66

HOA Fees

  • $260 Monthly HOA Fees

Interior Spaces

  • 1,409 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Home Office
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34580
  • Assessor Parcel Number 6390014064
  • $337 per year additional tax assessments

Community Details

Overview

  • 36 Units
  • Rancho Downey Homeowners Association, Phone Number (949) 363-7255
  • American Properties Int'l Inc. HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: DOR110000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6390014064
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1409.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 393.90
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Office

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Clubhouse, Storage
  • Association Fee: 260.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Downey Homeowners Association
  • Phone: 949-363-7255
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: American Properties Int'l Inc.

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 72509.00
  • Lot Size Acres: 1.6646

Multi Family

  • Lease Considered: No
  • Lot Size Area: 72509.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Census Tract: 5505.02
  • Tax Lot: 1
  • Tax Tract Number: 34580
  • TaxOtherAnnualAssessmentAmount: 337.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 7, 2020
Sold by
Mehta Jaysingh M
Bought by
Mehta Ramya P
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$449,950
Sold Price
$440,000
Premium/Discount to List
-$9,950
-2.21%
Current Estimated Value
$618,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,723
Avg. Annual Appreciation
6.73%
Original Mortgage
$418,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 11, 2020
Closed on
Aug 24, 2020
Sold by
Watson Janice
Bought by
Mehta Ramya Purandara Dass
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Michael Berdelis
24 Hour Real Estate
List Price
$449,950
Sold Price
$440,000
Premium/Discount to List
-$9,950
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2000
Sold by
Valencia Lydia E
Bought by
Watson Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
7.87%

Purchase Details

Closed on
Dec 4, 1995
Sold by
Sauckel Erwin and Sauckel Elena
Bought by
Valencia Lydia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.47%
Mortgage Type
Seller Take Back
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
Mehta Ramya P -- Stewart Title Of Ca Inc
Mehta Ramya Purandara Dass $440,000 Stewart Title Of Ca Inc
Watson Janice $138,000 Southland Title
Valencia Lydia E $123,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Ramya Purandara Dass $418,000
Previous Owner Watson Janice $131,100
Previous Owner Valencia Lydia E $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $555,000 +0.9% $394 / Sq Ft
05/04/2022 05/04/22 For Sale $549,950 +25.0% $390 / Sq Ft
10/14/2020 10/14/20 Sold $440,000 -2.2% $312 / Sq Ft View Prior Sale
08/11/2020 08/11/20 For Sale $449,950 -- $319 / 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 $7,299 $588,969 $309,978 $278,991
2024 $7,299 $577,421 $303,900 $273,521
2023 $7,048 $566,100 $297,942 $268,158
2022 $5,480 $448,800 $233,172 $215,628
2021 $5,358 $440,000 $228,600 $211,400
2019 $2,428 $190,118 $38,018 $152,100
2018 $2,354 $186,391 $37,273 $149,118
2016 $2,268 $179,156 $35,827 $143,329
2015 $2,235 $176,466 $35,289 $141,177
2014 $2,118 $173,010 $34,598 $138,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22092718

California Regional Multiple Listing Service (CRMLS)

APN: 6390-014-064