NOT LISTED FOR SALE

9311 Otto St Downey, CA 90240

Estimated Value: $1,862,000 - $2,041,000

4 Beds
3.5 Baths
3,429 Sq Ft
$566/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $1,380,000 $402 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,760/month

42 Days on Market

Highlights

  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Downey High School Rated A
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of September 2017

Beautiful, Elegant, one of a kind custom built Tuscan home in Northeast Downey; surveillance, alarm, sound system, HD wired throughout. This gorgeous Tuscan style home is 3,429 SQ Ft on a large 12,172 SQ. FT. Lot. 4 fireplaces, 3.5 bathrooms, 4 large bedrooms with solid Canadian Maple hardwood floors *2 master bedrooms with on suite bathrooms, computer-study area, laundry room, Formal living room, Formal dining room, Large Dinning and/or Den room, Custom kitchen with built in refrigerator, Huge family room with Bose surround sound systems, beautiful wet bar with wine refrigerator and cellar area, gorgeous 1,116 SQ. ST. patio with BBQ area, 588 SQ FT. oversize garage. Property has too many upgrades to mention, excellent condition, Custom shutters on all windows and doors, Custom crown moldings, new paint, ready to move in!!!!!!

Last Agent to Sell the Property

Peter Rua

HomeSmart Realty Group License #00690881 Listed on: 04/27/2017

HomeSmart Realty Group

Last Buyer's Agent

Rosemarie Mejia

Choice 100 Realty, Inc. License #01147862

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,129

Year Built

  • Built in 1954

Lot Details

  • 0.28 Acre Lot
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Property is zoned DOR110000*

Parking

  • 2.5 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,429 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 17493
  • Assessor Parcel Number 6390017023

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,129

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: DOR110000*
  • Architectural Style: Mediterranean
  • Property Condition: Termite Clearance
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6390017023
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3429.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Granite Counters, Pantry, Recessed Lighting, Wired for Sound
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, Separated
  • Fireplace Features: Dining Room, Living Room, Master Bedroom, Outside, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 402.45
  • Room Type: All Bedrooms Down, Family Room, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Privacy Toilet Door, Separate Tub And Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio, Front Porch, Stone
  • Pool Private: No
  • Roof: Spanish Tile, Tile
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.50
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.50

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Range, Gas Water Heater, Indoor Grill, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 12171.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5505.00
  • Tax Lot: 7
  • Tax Tract Number: 17493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2018
Sold by
Monzon Kelvin J
Bought by
Monzon Kelvin J and Monzon Family Trust
Current Estimated Value
$1,942,098

Purchase Details

Listed on
Apr 27, 2017
Closed on
Aug 21, 2017
Sold by
Veiga Nancy
Bought by
Monzon Kelvin J
Seller's Agent
Peter Rua
HomeSmart Realty Group
Buyer's Agent
Rosemarie Mejia
Choice 100 Realty, Inc.
List Price
$1,299,000
Sold Price
$1,380,000
Premium/Discount to List
$81,000
6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,113,500
Outstanding Balance
$928,125
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,013,973

Purchase Details

Closed on
Mar 20, 2002
Sold by
Veiga Nancy G
Bought by
Veiga Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
6.84%

Purchase Details

Closed on
Oct 22, 2001
Sold by
Veiga Nancy
Bought by
Veiga Nancy and The Nancy Veiga Living Trust

Purchase Details

Closed on
Oct 8, 1997
Sold by
Veiga Raymond H
Bought by
Veiga Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
7.49%

Purchase Details

Closed on
Sep 29, 1997
Sold by
And Trust Borland, John W Tr John W And Eva G
Bought by
Veiga Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
7.49%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Monzon Kelvin J -- None Available
Monzon Kelvin J $1,380,000 Pacific Coast Title Company
Veiga Nancy -- North American Title Co
Veiga Nancy -- --
Veiga Nancy -- Old Republic Title Company
Veiga Nancy $247,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monzon Kelvin J $1,113,500
Previous Owner Veiga Nancy $177,750
Previous Owner Veiga Nancy $196,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $1,380,000 +6.2% $402 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $1,299,000 -- $379 / 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 $19,129 $1,570,200 $1,046,801 $523,399
2024 $19,129 $1,539,413 $1,026,276 $513,137
2023 $18,465 $1,509,229 $1,006,153 $503,076
2022 $17,523 $1,479,637 $986,425 $493,212
2021 $17,183 $1,450,626 $967,084 $483,542
2019 $16,739 $1,407,600 $938,400 $469,200
2018 $16,268 $1,380,000 $920,000 $460,000
2016 $7,085 $578,325 $178,444 $399,881
2015 $6,985 $569,639 $175,764 $393,875
2014 $6,592 $558,482 $172,322 $386,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17091168

California Regional Multiple Listing Service (CRMLS)

APN: 6390-017-023