NOT LISTED FOR SALE

9227 Florence Ave Unit 2 Downey, CA 90240

Estimated Value: $576,000 - $624,772

2 Beds
3 Baths
1,473 Sq Ft
$265/mo HOA Fee

Last Sold August 14, 2024

Last sale price $550,000 $373 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,653/month

5 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Laundry Room
  • Downey High School Rated A
  • Outdoor Cooking Area
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

2 bedroom, 2.5 bath end unit condo in North Downey! The condo has a large living room with fireplace and two spacious bedrooms, including a primary bedroom with its own bathroom and balcony. The gated community has an association pool, spa and BBQ and the unit itself has 2 subterranean parking spaces and a private storage room.

Last Agent to Sell the Property

Michael Berdelis

24 Hour Real Estate Brokerage Phone: 562-818-6111 License #01234589 Listed on: 07/10/2024

Last Buyer's Agent

Christina Davilas

24 Hour Real Estate License #01062471

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,378

Year Built

  • Built in 1979

Lot Details

  • 1.67

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,473 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Schools

  • Rio San Gabriel Elementary School
  • Downey High School

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34580
  • Assessor Parcel Number 6390014045
  • $385 per year additional tax assessments

Community Details

Overview

  • 36 Units
  • Rancho Downey Association, Phone Number (800) 360-0336
  • American Prop Int'l HOA

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,378

Year Built

Built in 1979

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: DOR110000*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6390014045
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1473.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 373.39
  • Room Type: All Bedrooms Up
  • Spa Features: Association, In Ground

Exterior Features

  • Pool Features: Association, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • 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, Outdoor Cooking Area, Clubhouse, Trash, Sewer, Water
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Rancho Downey
  • Phone: 800-360-0336
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: American Prop Int'l

Schools

  • Elementary School: Rio San Gabriel
  • High School: Downey
  • Elementary School #2: RISAGA
  • High School2: DOWNEY

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 72528.00
  • Lot Size Acres: 1.6650
  • Latitude Manual: 33.94527800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 72528.0000 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: 385.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 7, 2024
Sold by
Edmund Fakhre Living Trust and Fakhre Edmund
Bought by
Davilas Dimitri James
Seller's Agent
Michael Berdelis
24 Hour Real Estate
Buyer's Agent
Christina Davilas
24 Hour Real Estate
List Price
$549,950
Sold Price
$550,000
Premium/Discount to List
$50
0.009%
Views
21
Current Estimated Value
$590,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,443
Avg. Annual Appreciation
5.89%
Original Mortgage
$150,000
Outstanding Balance
$143,227
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$447,216

Purchase Details

Closed on
Jul 22, 2019
Sold by
Fakhre Edmund
Bought by
Fakhre Edmund and Edmund Fakhre Living Trust

Purchase Details

Closed on
Oct 11, 2016
Sold by
Fakhre Edmund
Bought by
Fakhre Edmund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2001
Sold by
Bai Xu
Bought by
Fakhre Edmund

Purchase Details

Closed on
Jun 5, 1998
Sold by
Fakhre Edmund
Bought by
Fakhre Edmund and Bai Xu
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Davilas Dimitri James $550,000 Monarch Title
Fakhre Edmund -- None Available
Fakhre Edmund -- Wfg Title Company
Fakhre Edmund -- --
Fakhre Edmund -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davilas Dimitri James $150,000
Previous Owner Fakhre Edmund $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $550,000 0.0% $373 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $549,950 -- $373 / 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 $3,378 $550,000 $277,700 $272,300
2024 $3,378 $256,617 $84,614 $172,003
2023 $3,266 $251,586 $82,955 $168,631
2022 $3,104 $246,654 $81,329 $165,325
2021 $3,020 $241,819 $79,735 $162,084
2019 $2,941 $234,649 $77,371 $157,278
2018 $2,859 $230,049 $75,854 $154,195
2016 $2,759 $221,117 $72,909 $148,208
2015 $2,719 $217,796 $71,814 $145,982
2014 $2,573 $213,531 $70,408 $143,123
Source: Public Records

Agents Affiliated with this Home

  • Michael Berdelis

    Seller's Agent in 2024

    Michael Berdelis

    24 Hour Real Estate

    (714) 507-6266

    237 Total Sales

    Michael Berdelis
    Section Image
  • Christina Davilas

    Buyer's Agent in 2024

    Christina Davilas

    24 Hour Real Estate

    (562) 761-6080

    19 Total Sales

    Christina Davilas
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24140381

California Regional Multiple Listing Service (CRMLS)

APN: 6390-014-045

California Los Angeles County Downey 90240

9227 Florence Ave Unit 2, Downey, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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